L3Harris Net Invested Capital vs Capital Surpluse Analysis

LHX Stock

USD 212.24 0.90 0.43%

L3Harris Technologies financial indicator trend analysis is infinitely more than just investigating L3Harris Technologies recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether L3Harris Technologies is a good investment. Please check the relationship between L3Harris Technologies Net Invested Capital and its Capital Surpluse accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in L3Harris Technologies. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in rate.

For more information on how to buy L3Harris Stock please use our How to Invest in L3Harris Technologies guide.

Net Invested Capital vs Capital Surpluse

Net Invested Capital vs Capital Surpluse Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of L3Harris Technologies Net Invested Capital account and Capital Surpluse. At this time, the significance of the direction appears to have almost identical trend.

The correlation between L3Harris Technologies' Net Invested Capital and Capital Surpluse is 0.96. Overlapping area represents the amount of variation of Net Invested Capital that can explain the historical movement of Capital Surpluse in the same time period over historical financial statements of L3Harris Technologies, assuming nothing else is changed. The correlation between historical values of L3Harris Technologies' Net Invested Capital and Capital Surpluse is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Invested Capital of L3Harris Technologies are associated (or correlated) with its Capital Surpluse. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capital Surpluse has no effect on the direction of Net Invested Capital i.e., L3Harris Technologies' Net Invested Capital and Capital Surpluse go up and down completely randomly.

Correlation Coefficient

0.96

Relationship Direction	Positive
Relationship Strength	Very Strong

View All Relationships

Net Invested Capital

The total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents.

Capital Surpluse

Most indicators from L3Harris Technologies' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into L3Harris Technologies current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in L3Harris Technologies. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in rate.

For more information on how to buy L3Harris Stock please use our How to Invest in L3Harris Technologies guide.At this time, L3Harris Technologies' Selling General Administrative is fairly stable compared to the past year. Tax Provision is likely to rise to about 256.3 M in 2024, whereas Discontinued Operations is likely to drop (1.2 M) in 2024.

	2021	2022	2023	2024 (projected)
Gross Profit	5.4B	4.9B	5.7B	5.9B
Total Revenue	17.8B	17.1B	19.6B	20.6B

Gross Profit Total Revenue

L3Harris Technologies fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Short Term Debt	Intangible Assets	Accounts Payable	Property Plant And Equipment Gross	Common Stock Total Equity	Common Stock
Total Assets		0.97	0.93	0.94	0.99	0.99	0.96	0.89	0.92	1.0	0.41	0.92	0.98	0.72	0.95	0.85	0.88	0.99	0.98	0.98	0.41	0.99	0.94	0.89	0.85	0.87
Short Long Term Debt Total	0.97		0.92	0.94	0.93	0.95	1.0	0.9	0.89	0.97	0.47	0.89	0.93	0.59	0.97	0.89	0.86	0.92	1.0	0.95	0.5	0.93	0.93	0.88	0.83	0.85
Other Current Liab	0.93	0.92		0.95	0.91	0.94	0.91	0.87	0.88	0.92	0.39	0.88	0.94	0.56	0.87	0.89	0.73	0.9	0.93	0.96	0.4	0.89	0.95	0.93	0.73	0.74
Total Current Liabilities	0.94	0.94	0.95		0.92	0.96	0.94	0.96	0.87	0.93	0.37	0.87	0.96	0.51	0.85	0.89	0.74	0.9	0.94	0.97	0.63	0.88	0.99	0.98	0.75	0.76
Total Stockholder Equity	0.99	0.93	0.91	0.92		0.99	0.92	0.88	0.91	0.99	0.36	0.91	0.98	0.76	0.91	0.82	0.88	1.0	0.94	0.98	0.37	0.99	0.93	0.88	0.84	0.85
Property Plant And Equipment Net	0.99	0.95	0.94	0.96	0.99		0.94	0.91	0.91	0.99	0.37	0.91	0.99	0.7	0.91	0.86	0.85	0.99	0.96	0.99	0.42	0.98	0.96	0.92	0.82	0.83
Net Debt	0.96	1.0	0.91	0.94	0.92	0.94		0.89	0.87	0.96	0.47	0.87	0.92	0.57	0.97	0.89	0.85	0.91	0.99	0.94	0.52	0.92	0.93	0.87	0.82	0.84
Retained Earnings	0.89	0.9	0.87	0.96	0.88	0.91	0.89		0.84	0.88	0.32	0.84	0.94	0.48	0.8	0.77	0.69	0.85	0.89	0.93	0.63	0.83	0.96	0.92	0.73	0.73
Cash	0.92	0.89	0.88	0.87	0.91	0.91	0.87	0.84		0.92	0.38	1.0	0.89	0.62	0.89	0.78	0.78	0.91	0.91	0.92	0.32	0.91	0.86	0.8	0.82	0.84
Non Current Assets Total	1.0	0.97	0.92	0.93	0.99	0.99	0.96	0.88	0.92		0.42	0.92	0.97	0.73	0.95	0.85	0.89	0.99	0.98	0.98	0.4	0.99	0.93	0.88	0.85	0.87
Non Currrent Assets Other	0.41	0.47	0.39	0.37	0.36	0.37	0.47	0.32	0.38	0.42		0.38	0.32	0.35	0.52	0.41	0.41	0.37	0.48	0.37	0.23	0.38	0.35	0.32	0.44	0.44
Cash And Short Term Investments	0.92	0.89	0.88	0.87	0.91	0.91	0.87	0.84	1.0	0.92	0.38		0.89	0.62	0.89	0.78	0.78	0.91	0.91	0.92	0.32	0.91	0.86	0.8	0.82	0.84
Net Receivables	0.98	0.93	0.94	0.96	0.98	0.99	0.92	0.94	0.89	0.97	0.32	0.89		0.68	0.88	0.82	0.81	0.97	0.94	0.99	0.45	0.96	0.97	0.94	0.8	0.81
Common Stock Shares Outstanding	0.72	0.59	0.56	0.51	0.76	0.7	0.57	0.48	0.62	0.73	0.35	0.62	0.68		0.66	0.4	0.77	0.78	0.63	0.64	-0.06	0.79	0.55	0.47	0.75	0.74
Non Current Liabilities Total	0.95	0.97	0.87	0.85	0.91	0.91	0.97	0.8	0.89	0.95	0.52	0.89	0.88	0.66		0.83	0.89	0.91	0.98	0.91	0.35	0.94	0.84	0.76	0.85	0.88
Inventory	0.85	0.89	0.89	0.89	0.82	0.86	0.89	0.77	0.78	0.85	0.41	0.78	0.82	0.4	0.83		0.75	0.81	0.88	0.88	0.53	0.81	0.87	0.88	0.7	0.72
Other Current Assets	0.88	0.86	0.73	0.74	0.88	0.85	0.85	0.69	0.78	0.89	0.41	0.78	0.81	0.77	0.89	0.75		0.88	0.87	0.83	0.25	0.9	0.74	0.68	0.94	0.95
Other Stockholder Equity	0.99	0.92	0.9	0.9	1.0	0.99	0.91	0.85	0.91	0.99	0.37	0.91	0.97	0.78	0.91	0.81	0.88		0.94	0.97	0.34	1.0	0.91	0.86	0.84	0.86
Total Liab	0.98	1.0	0.93	0.94	0.94	0.96	0.99	0.89	0.91	0.98	0.48	0.91	0.94	0.63	0.98	0.88	0.87	0.94		0.96	0.46	0.95	0.93	0.87	0.84	0.86
Total Current Assets	0.98	0.95	0.96	0.97	0.98	0.99	0.94	0.93	0.92	0.98	0.37	0.92	0.99	0.64	0.91	0.88	0.83	0.97	0.96		0.45	0.96	0.97	0.94	0.82	0.83
Short Term Debt	0.41	0.5	0.4	0.63	0.37	0.42	0.52	0.63	0.32	0.4	0.23	0.32	0.45	-0.06	0.35	0.53	0.25	0.34	0.46	0.45		0.3	0.56	0.64	0.27	0.27
Intangible Assets	0.99	0.93	0.89	0.88	0.99	0.98	0.92	0.83	0.91	0.99	0.38	0.91	0.96	0.79	0.94	0.81	0.9	1.0	0.95	0.96	0.3		0.89	0.84	0.85	0.87
Accounts Payable	0.94	0.93	0.95	0.99	0.93	0.96	0.93	0.96	0.86	0.93	0.35	0.86	0.97	0.55	0.84	0.87	0.74	0.91	0.93	0.97	0.56	0.89		0.97	0.76	0.75
Property Plant And Equipment Gross	0.89	0.88	0.93	0.98	0.88	0.92	0.87	0.92	0.8	0.88	0.32	0.8	0.94	0.47	0.76	0.88	0.68	0.86	0.87	0.94	0.64	0.84	0.97		0.68	0.67
Common Stock Total Equity	0.85	0.83	0.73	0.75	0.84	0.82	0.82	0.73	0.82	0.85	0.44	0.82	0.8	0.75	0.85	0.7	0.94	0.84	0.84	0.82	0.27	0.85	0.76	0.68		0.99
Common Stock	0.87	0.85	0.74	0.76	0.85	0.83	0.84	0.73	0.84	0.87	0.44	0.84	0.81	0.74	0.88	0.72	0.95	0.86	0.86	0.83	0.27	0.87	0.75	0.67	0.99

Click cells to compare fundamentals

L3Harris Technologies Account Relationship Matchups

L3Harris Technologies fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	38.3B	37.0B	34.7B	33.5B	38.6B	40.5B
Short Long Term Debt Total	7.9B	7.7B	7.8B	7.8B	9.0B	9.4B
Other Current Liab	1.1B	1.6B	1.5B	1.6B	1.9B	1.9B
Total Current Liabilities	4.0B	4.2B	4.6B	5.8B	6.6B	7.0B
Total Stockholder Equity	22.6B	20.7B	19.2B	18.5B	21.3B	22.4B
Property Plant And Equipment Net	3.0B	2.9B	2.9B	2.9B	3.3B	3.5B
Net Debt	7.0B	6.4B	6.9B	6.9B	7.9B	8.3B
Retained Earnings	2.2B	2.3B	2.9B	2.9B	3.4B	3.6B
Cash	824M	1.3B	941M	880M	1.0B	1.1B
Non Current Assets Total	32.0B	30.3B	28.4B	26.8B	30.8B	32.3B
Non Currrent Assets Other	507M	519M	565M	552M	634.8M	403.5M
Cash And Short Term Investments	824M	1.3B	941M	880M	1.0B	1.1B
Net Receivables	3.9B	4.1B	4.2B	4.3B	4.9B	5.2B
Common Stock Shares Outstanding	223.7M	215.9M	203.2M	193.5M	174.2M	118.3M
Liabilities And Stockholders Equity	38.3B	37.0B	34.7B	33.5B	38.6B	40.5B
Non Current Liabilities Total	11.6B	11.9B	10.8B	9.1B	10.5B	11.0B
Inventory	1.2B	973M	982M	1.3B	1.5B	1.6B
Other Current Assets	392M	246M	272M	258M	296.7M	168.7M
Other Stockholder Equity	20.7B	19.0B	16.2B	15.7B	18.0B	18.9B
Total Liab	15.6B	16.1B	15.4B	14.9B	17.1B	18.0B
Total Current Assets	6.3B	6.7B	6.4B	6.8B	7.8B	8.2B
Short Term Debt	389M	10M	13M	820M	943M	990.2M
Intangible Assets	8.5B	7.9B	6.6B	6.0B	6.9B	7.2B
Accounts Payable	1.3B	1.4B	1.8B	1.9B	2.2B	2.3B
Property Plant And Equipment Gross	3.0B	2.9B	2.9B	5.1B	5.9B	6.1B
Accumulated Other Comprehensive Income	(508M)	(839M)	(146M)	(288M)	(331.2M)	(347.8M)
Common Stock Total Equity	118M	119M	218M	208M	239.2M	123.3M
Common Stock	218M	208M	194M	191M	219.7M	132.5M
Good Will	20.0B	18.9B	18.2B	17.3B	19.9B	20.9B
Current Deferred Revenue	1.2B	1.2B	1.3B	1.4B	1.6B	1.7B
Net Tangible Assets	(2.8B)	(5.9B)	(6.1B)	(5.6B)	(5.1B)	(4.8B)
Long Term Debt Total	2.8B	6.7B	6.9B	7.0B	8.1B	8.5B
Capital Surpluse	1.8B	20.7B	19.0B	16.2B	18.7B	19.6B
Deferred Long Term Liab	12M	48M	1.2B	26M	29.9M	28.4M
Property Plant Equipment	894M	3.0B	2.1B	2.9B	3.3B	3.5B
Other Liab	1.7B	4.1B	5.4B	3.0B	3.5B	3.1B

L3Harris Technologies Investors Sentiment

The influence of L3Harris Technologies' investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in L3Harris. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.

Investor biases related to L3Harris Technologies' public news can be used to forecast risks associated with an investment in L3Harris. The trend in average sentiment can be used to explain how an investor holding L3Harris can time the market purely based on public headlines and social activities around L3Harris Technologies. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.

L3Harris Technologies' market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for L3Harris Technologies' and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average L3Harris Technologies' news discussions. The higher the estimated score, the more favorable is the investor's outlook on L3Harris Technologies.

Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards L3Harris Technologies in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, L3Harris Technologies' short interest history, or implied volatility extrapolated from L3Harris Technologies options trading.

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When determining whether L3Harris Technologies offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of L3Harris Technologies' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of L3harris Technologies Stock. Outlined below are crucial reports that will aid in making a well-informed decision on L3harris Technologies Stock:

How To Invest In L3Harris

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Is L3Harris Stock a good investment?

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What is L3Harris Technologies' Net Worth?

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Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in L3Harris Technologies. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in rate.

For more information on how to buy L3Harris Stock please use our How to Invest in L3Harris Technologies guide.

Note that the L3Harris Technologies information on this page should be used as a complementary analysis to other L3Harris Technologies' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Bond Analysis module to evaluate and analyze corporate bonds as a potential investment for your portfolios..

Complementary Tools for L3Harris Stock analysis

When running L3Harris Technologies' price analysis, check to measure L3Harris Technologies' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy L3Harris Technologies is operating at the current time. Most of L3Harris Technologies' value examination focuses on studying past and present price action to predict the probability of L3Harris Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move L3Harris Technologies' price. Additionally, you may evaluate how the addition of L3Harris Technologies to your portfolios can decrease your overall portfolio volatility.

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Is L3Harris Technologies' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of L3Harris Technologies. If investors know L3Harris will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about L3Harris Technologies listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Quarterly Earnings Growth

(0.16)

Dividend Share

4.58

Earnings Share

6.15

Revenue Per Share

106.38

Quarterly Revenue Growth

0.166

The market value of L3Harris Technologies is measured differently than its book value, which is the value of L3Harris that is recorded on the company's balance sheet. Investors also form their own opinion of L3Harris Technologies' value that differs from its market value or its book value, called intrinsic value, which is L3Harris Technologies' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because L3Harris Technologies' market value can be influenced by many factors that don't directly affect L3Harris Technologies' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.

Please note, there is a significant difference between L3Harris Technologies' value and its price as these two are different measures arrived at by different means. Investors typically determine if L3Harris Technologies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, L3Harris Technologies' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

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L3Harris Net Invested Capital vs Capital Surpluse Analysis

Net Invested Capital vs Capital Surpluse

Net Invested Capital vs Capital Surpluse Correlation Analysis

Correlation Coefficient

Net Invested Capital

Capital Surpluse

L3Harris Technologies fundamental ratios Correlations

L3Harris Technologies Account Relationship Matchups

High Positive Relationship

High Negative Relationship

L3Harris Technologies fundamental ratios Accounts

L3Harris Technologies Investors Sentiment

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

Complementary Tools for L3Harris Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Non Current Assets Total	+ 1.0	Total Assets
Net Debt	+ 1.0	Short Long Term Debt Total
Total Liab	+ 1.0	Short Long Term Debt Total
Other Stockholder Equity	+ 1.0	Total Stockholder Equity
Cash And Short Term Investments	+ 1.0	Cash
Intangible Assets	+ 1.0	Other Stockholder Equity