HEES Property Plant And Equipment Net from 2010 to 2024
| HEES Stock | USD 48.04 0.40 0.83% |
Property Plant And Equipment Net | First Reported 2005-09-30 | Previous Quarter 2.1 B | Current Value 2.2 B | Quarterly Volatility 464.4 M |
Check HE Equipment financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among HEES main balance sheet or income statement drivers, such as Depreciation And Amortization of 407.8 M, Interest Expense of 43.2 M or Selling General Administrative of 217.1 M, as well as many exotic indicators such as Price To Sales Ratio of 1.08, Dividend Yield of 0.0201 or PTB Ratio of 3.71. HEES financial statements analysis is a perfect complement when working with HE Equipment Valuation or Volatility modules.
HEES | Property Plant And Equipment Net |
Latest HE Equipment's Property Plant And Equipment Net Growth Pattern
Below is the plot of the Property Plant And Equipment Net of HE Equipment Services over the last few years. It is the total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production. HE Equipment's Property Plant And Equipment Net historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in HE Equipment's overall financial position and show how it may be relating to other accounts over time.
| Property Plant And Equipment Net | 10 Years Trend |
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Property Plant And Equipment Net |
| Timeline |
HEES Property Plant And Equipment Net Regression Statistics
| Arithmetic Mean | 1,184,789,417 | |
| Geometric Mean | 1,050,498,371 | |
| Coefficient Of Variation | 46.44 | |
| Mean Deviation | 429,562,444 | |
| Median | 1,006,613,000 | |
| Standard Deviation | 550,179,097 | |
| Sample Variance | 302697T | |
| Range | 1.9B | |
| R-Value | 0.96 | |
| Mean Square Error | 25172.3T | |
| R-Squared | 0.92 | |
| Slope | 118,178,417 | |
| Total Sum of Squares | 4237758.5T |
HEES Property Plant And Equipment Net History
About HE Equipment Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include HE Equipment income statement, its balance sheet, and the statement of cash flows. HE Equipment investors use historical funamental indicators, such as HE Equipment's Property Plant And Equipment Net, to determine how well the company is positioned to perform in the future. Although HE Equipment investors may use each financial statement separately, they are all related. The changes in HE Equipment's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on HE Equipment's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on HE Equipment Financial Statements. Understanding these patterns can help to make the right decision on long term investment in HE Equipment. Please read more on our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Property Plant And Equipment Net | 2.1 B | 2.2 B |
Pair Trading with HE Equipment
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if HE Equipment position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in HE Equipment will appreciate offsetting losses from the drop in the long position's value.Moving together with HEES Stock
| 0.76 | VSTS | Vestis | PairCorr |
Moving against HEES Stock
| 0.66 | WLFC | Willis Lease Finance | PairCorr |
| 0.66 | GSL | Global Ship Lease | PairCorr |
| 0.5 | R | Ryder System | PairCorr |
The ability to find closely correlated positions to HE Equipment could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace HE Equipment when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back HE Equipment - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling HE Equipment Services to buy it.
The correlation of HE Equipment is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as HE Equipment moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if HE Equipment Services moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for HE Equipment can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out the analysis of HE Equipment Correlation against competitors. Note that the HE Equipment Services information on this page should be used as a complementary analysis to other HE Equipment'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 Portfolio File Import module to quickly import all of your third-party portfolios from your local drive in csv format.
Complementary Tools for HEES Stock analysis
When running HE Equipment's price analysis, check to measure HE Equipment's 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 HE Equipment is operating at the current time. Most of HE Equipment's value examination focuses on studying past and present price action to predict the probability of HE Equipment's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move HE Equipment's price. Additionally, you may evaluate how the addition of HE Equipment to your portfolios can decrease your overall portfolio volatility.
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Is HE Equipment'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 HE Equipment. If investors know HEES 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 HE Equipment listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Dividend Share 1.1 | Earnings Share 4.66 | Revenue Per Share 42.003 | Quarterly Revenue Growth 0.152 | Return On Assets 0.0685 |
The market value of HE Equipment Services is measured differently than its book value, which is the value of HEES that is recorded on the company's balance sheet. Investors also form their own opinion of HE Equipment's value that differs from its market value or its book value, called intrinsic value, which is HE Equipment'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 HE Equipment's market value can be influenced by many factors that don't directly affect HE Equipment'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 HE Equipment's value and its price as these two are different measures arrived at by different means. Investors typically determine if HE Equipment is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, HE Equipment'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.