L3Harris Selling General Administrative vs Non Recurring Analysis
LHX Stock | USD 211.34 0.41 0.19% |
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 Selling General Administrative and its Non Recurring 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.
Selling General Administrative vs Non Recurring
Selling General Administrative vs Non Recurring Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of L3Harris Technologies Selling General Administrative account and Non Recurring. At this time, the significance of the direction appears to have strong relationship.
The correlation between L3Harris Technologies' Selling General Administrative and Non Recurring is 0.6. Overlapping area represents the amount of variation of Selling General Administrative that can explain the historical movement of Non Recurring 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' Selling General Administrative and Non Recurring is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Selling General Administrative of L3Harris Technologies are associated (or correlated) with its Non Recurring. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Recurring has no effect on the direction of Selling General Administrative i.e., L3Harris Technologies' Selling General Administrative and Non Recurring go up and down completely randomly.
Correlation Coefficient | 0.6 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Selling General Administrative
Non Recurring
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 |
L3Harris Technologies fundamental ratios Correlations
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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 |
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Try AI Portfolio ArchitectCheck 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 Efficient Frontier module to plot and analyze your portfolio and positions against risk-return landscape of the market..
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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 6.16 | 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.