Halliburton Balance Sheet Analysis

HAL Stock  USD 39.04  1.00  2.63%   
Most accounts from Halliburton's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Halliburton current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Halliburton Valuation and Halliburton Correlation analysis.
For more information on how to buy Halliburton Stock please use our How to buy in Halliburton Stock guide.
  
At this time, Halliburton's Other Liabilities is quite stable compared to the past year. Current Deferred Revenue is expected to rise to about 1.5 B this year, although the value of Short and Long Term Debt Total will most likely fall to about 4.7 B.
Most accounts from Halliburton's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Halliburton current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Halliburton Valuation and Halliburton Correlation analysis.
For more information on how to buy Halliburton Stock please use our How to buy in Halliburton Stock guide.At this time, Halliburton's Other Liabilities is quite stable compared to the past year. Current Deferred Revenue is expected to rise to about 1.5 B this year, although the value of Short and Long Term Debt Total will most likely fall to about 4.7 B.
 2021 2022 2023 2024 (projected)
Short and Long Term Debt Total10.2B8.9B8.8B4.7B
Total Assets22.3B23.3B24.7B16.5B

Halliburton balance sheet Correlations

0.690.440.860.820.890.340.920.640.940.860.640.840.720.790.780.78-0.830.850.950.360.610.430.360.760.8
0.690.230.610.160.390.750.40.660.670.440.660.270.520.980.40.42-0.780.950.640.070.460.530.040.610.63
0.440.230.070.490.6-0.020.530.450.350.460.460.310.060.290.060.41-0.370.250.480.45-0.28-0.080.260.090.16
0.860.610.070.620.680.50.730.330.880.650.330.830.830.70.910.75-0.80.810.760.290.870.690.460.890.87
0.820.160.490.620.9-0.210.950.450.720.830.460.870.50.30.660.71-0.470.40.820.430.360.060.40.480.51
0.890.390.60.680.90.120.970.410.870.860.410.90.550.530.730.67-0.70.60.820.40.440.190.340.550.62
0.340.75-0.020.5-0.210.120.040.080.480.160.070.150.520.740.350.13-0.720.720.17-0.140.530.80.190.580.6
0.920.40.530.730.950.970.040.510.860.890.510.910.560.530.740.74-0.680.610.890.440.470.180.380.580.62
0.640.660.450.330.450.410.080.510.390.511.00.210.230.650.080.49-0.420.610.80.270.030.060.110.280.32
0.940.670.350.880.720.870.480.860.390.820.390.850.790.780.870.67-0.860.850.80.250.710.520.320.820.85
0.860.440.460.650.830.860.160.890.510.820.510.790.550.560.60.55-0.690.610.80.250.430.270.480.60.62
0.640.660.460.330.460.410.070.511.00.390.510.210.240.640.080.49-0.420.60.80.270.020.060.110.280.32
0.840.270.310.830.870.90.150.910.210.850.790.210.670.420.860.68-0.680.540.740.350.690.390.510.670.7
0.720.520.060.830.50.550.520.560.230.790.550.240.670.610.80.63-0.70.70.60.270.70.780.420.960.98
0.790.980.290.70.30.530.740.530.650.780.560.640.420.610.520.5-0.860.980.720.130.530.560.120.690.72
0.780.40.060.910.660.730.350.740.080.870.60.080.860.80.520.69-0.670.650.620.220.830.540.370.820.8
0.780.420.410.750.710.670.130.740.490.670.550.490.680.630.50.69-0.560.590.790.680.370.360.340.640.66
-0.83-0.78-0.37-0.8-0.47-0.7-0.72-0.68-0.42-0.86-0.69-0.42-0.68-0.7-0.86-0.67-0.56-0.9-0.72-0.28-0.62-0.67-0.41-0.76-0.81
0.850.950.250.810.40.60.720.610.610.850.610.60.540.70.980.650.59-0.90.770.170.640.620.210.780.8
0.950.640.480.760.820.820.170.890.80.80.80.80.740.60.720.620.79-0.720.770.420.450.30.370.640.67
0.360.070.450.290.430.4-0.140.440.270.250.250.270.350.270.130.220.68-0.280.170.42-0.130.010.10.230.28
0.610.46-0.280.870.360.440.530.470.030.710.430.020.690.70.530.830.37-0.620.640.45-0.130.680.370.760.71
0.430.53-0.080.690.060.190.80.180.060.520.270.060.390.780.560.540.36-0.670.620.30.010.680.580.820.8
0.360.040.260.460.40.340.190.380.110.320.480.110.510.420.120.370.34-0.410.210.370.10.370.580.520.42
0.760.610.090.890.480.550.580.580.280.820.60.280.670.960.690.820.64-0.760.780.640.230.760.820.520.97
0.80.630.160.870.510.620.60.620.320.850.620.320.70.980.720.80.66-0.810.80.670.280.710.80.420.97
Click cells to compare fundamentals

Halliburton Account Relationship Matchups

Halliburton balance sheet Accounts

201920202021202220232024 (projected)
Total Assets25.4B20.7B22.3B23.3B24.7B16.5B
Other Current Liab1.6B1.4B1.2B(636M)750M1.5B
Net Debt9.1B8.3B7.2B6.6B6.5B6.9B
Retained Earnings12.0B8.7B9.7B10.6B12.5B8.0B
Cash2.3B2.6B3.0B2.3B2.3B1.9B
Net Receivables4.6B3.1B3.7B4.6B4.9B3.9B
Inventory3.1B2.3B2.4B2.9B3.2B1.6B
Other Current Assets1.2B1.5B872M1.1B1.2B866.6M
Total Liab17.4B15.7B15.6B15.3B15.3B9.6B
Total Current Assets11.2B9.5B9.9B11.0B11.5B8.5B
Short Term Debt208M946M247M224M262M356.6M
Accounts Payable2.4B1.6B2.4B3.1B3.1B1.6B
Common Stock2.7B2.7B2.7B2.7B2.7B2.5B
Other Liab1.3B1.2B1.4B1.1B989.1M1.3B
Other Assets3.0B4.1B4.3B4.2B4.8B2.7B
Long Term Debt10.3B9.1B9.1B7.9B7.6B6.7B
Good Will2.8B2.8B2.8B2.8B2.9B1.9B
Treasury Stock(6.4B)(6.0B)(5.5B)(5.1B)(4.6B)(4.8B)
Net Tangible Assets5.2B2.2B3.9B5.1B4.6B6.6B

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When determining whether Halliburton is a strong investment it is important to analyze Halliburton's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Halliburton's future performance. For an informed investment choice regarding Halliburton Stock, refer to the following important reports:
Check out Halliburton Valuation and Halliburton Correlation analysis.
For more information on how to buy Halliburton Stock please use our How to buy in Halliburton Stock guide.
Note that the Halliburton information on this page should be used as a complementary analysis to other Halliburton's 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 Crypto Correlations module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins.

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Is Halliburton's 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 Halliburton. If investors know Halliburton 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 Halliburton 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
0.013
Dividend Share
0.64
Earnings Share
2.92
Revenue Per Share
25.604
Quarterly Revenue Growth
0.028
The market value of Halliburton is measured differently than its book value, which is the value of Halliburton that is recorded on the company's balance sheet. Investors also form their own opinion of Halliburton's value that differs from its market value or its book value, called intrinsic value, which is Halliburton's 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 Halliburton's market value can be influenced by many factors that don't directly affect Halliburton's 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 Halliburton's value and its price as these two are different measures arrived at by different means. Investors typically determine if Halliburton is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Halliburton's 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.