Halliburton Capital Surpluse vs Long Term Investments Analysis
HAL Stock | USD 34.56 0.08 0.23% |
Halliburton financial indicator trend analysis is much more than just examining Halliburton latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Halliburton is a good investment. Please check the relationship between Halliburton Capital Surpluse and its Long Term Investments accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Halliburton. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation. For more information on how to buy Halliburton Stock please use our How to buy in Halliburton Stock guide.
Capital Surpluse vs Long Term Investments
Capital Surpluse vs Long Term Investments Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Halliburton Capital Surpluse account and Long Term Investments. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Halliburton's Capital Surpluse and Long Term Investments is 0.83. Overlapping area represents the amount of variation of Capital Surpluse that can explain the historical movement of Long Term Investments in the same time period over historical financial statements of Halliburton, assuming nothing else is changed. The correlation between historical values of Halliburton's Capital Surpluse and Long Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Capital Surpluse of Halliburton are associated (or correlated) with its Long Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Investments has no effect on the direction of Capital Surpluse i.e., Halliburton's Capital Surpluse and Long Term Investments go up and down completely randomly.
Correlation Coefficient | 0.83 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Capital Surpluse
Long Term Investments
Long Term Investments is an item on the asset side of Halliburton balance sheet that represents investments Halliburton intends to hold for over a year. Halliburton long term investments may include different instruments such as stocks, bonds, real estate and cash.Most indicators from Halliburton's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Halliburton 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 Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Halliburton. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation. For more information on how to buy Halliburton Stock please use our How to buy in Halliburton Stock guide.At this time, Halliburton's Tax Provision is quite stable compared to the past year. Issuance Of Capital Stock is expected to rise to about 154.7 M this year, although the value of Discontinued Operations is projected to rise to (20.8 M).
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 2.0B | 3.3B | 23.0B | 24.2B | Total Revenue | 15.3B | 20.3B | 23.0B | 16.6B |
Halliburton fundamental ratios Correlations
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Halliburton Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Halliburton fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 25.4B | 20.7B | 22.3B | 23.3B | 24.7B | 16.5B | |
Short Long Term Debt Total | 11.3B | 10.8B | 10.2B | 8.9B | 8.8B | 4.7B | |
Other Current Liab | 1.6B | 1.4B | 1.2B | (636M) | 750M | 1.5B | |
Total Current Liabilities | 4.9B | 4.4B | 4.3B | 5.3B | 5.6B | 3.7B | |
Total Stockholder Equity | 8.0B | 5.0B | 6.7B | 7.9B | 9.4B | 6.8B | |
Property Plant And Equipment Net | 8.2B | 5.1B | 5.3B | 5.3B | 6.0B | 4.9B | |
Net Debt | 9.1B | 8.3B | 7.2B | 6.6B | 6.5B | 6.9B | |
Retained Earnings | 12.0B | 8.7B | 9.7B | 10.6B | 12.5B | 8.0B | |
Cash | 2.3B | 2.6B | 3.0B | 2.3B | 2.3B | 1.9B | |
Non Current Assets Total | 14.2B | 11.2B | 12.4B | 12.3B | 13.1B | 8.2B | |
Non Currrent Assets Other | 1.4B | 1.1B | 1.2B | 1.6B | 1.8B | 1.4B | |
Cash And Short Term Investments | 2.3B | 2.6B | 3.0B | 2.3B | 2.3B | 1.9B | |
Net Receivables | 4.6B | 3.1B | 3.7B | 4.6B | 4.9B | 3.9B | |
Common Stock Shares Outstanding | 877M | 875M | 881M | 892M | 908M | 831.2M | |
Liabilities And Stockholders Equity | 25.4B | 20.7B | 22.3B | 23.3B | 24.7B | 16.5B | |
Non Current Liabilities Total | 12.5B | 11.3B | 11.3B | 9.9B | 9.6B | 6.0B | |
Inventory | 3.1B | 2.3B | 2.4B | 2.9B | 3.2B | 1.6B | |
Other Current Assets | 1.2B | 1.5B | 872M | 1.1B | 1.2B | 866.6M | |
Other Stockholder Equity | (6.3B) | (6.0B) | (5.5B) | (5.1B) | (5.5B) | (5.2B) | |
Total Liab | 17.4B | 15.7B | 15.6B | 15.3B | 15.3B | 9.6B | |
Total Current Assets | 11.2B | 9.5B | 9.9B | 11.0B | 11.5B | 8.5B | |
Short Term Debt | 208M | 946M | 247M | 224M | 262M | 356.6M | |
Accounts Payable | 2.4B | 1.6B | 2.4B | 3.1B | 3.1B | 1.6B | |
Property Plant And Equipment Gross | 8.2B | 5.1B | 5.3B | 5.3B | 18.1B | 19.0B | |
Common Stock Total Equity | 2.7B | 2.7B | 2.7B | 2.7B | 3.1B | 2.5B | |
Common Stock | 2.7B | 2.7B | 2.7B | 2.7B | 2.7B | 2.5B | |
Other Liab | 1.3B | 1.2B | 1.4B | 1.1B | 989.1M | 1.3B | |
Current Deferred Revenue | 604M | 517M | 493M | 2.6B | 1.4B | 1.5B | |
Other Assets | 3.0B | 4.1B | 4.3B | 4.2B | 4.8B | 2.7B | |
Long Term Debt | 10.3B | 9.1B | 9.1B | 7.9B | 7.6B | 6.7B | |
Good Will | 2.8B | 2.8B | 2.8B | 2.8B | 2.9B | 1.9B | |
Treasury Stock | (6.4B) | (6.0B) | (5.5B) | (5.1B) | (4.6B) | (4.8B) | |
Property Plant Equipment | 7.3B | 4.3B | 5.3B | 5.3B | 6.1B | 6.8B | |
Net Tangible Assets | 5.2B | 2.2B | 3.9B | 5.1B | 4.6B | 6.6B | |
Noncontrolling Interest In Consolidated Entity | 22M | 13M | 9M | 15M | 26.1M | 17.4M | |
Retained Earnings Total Equity | 12.0B | 8.7B | 9.7B | 10.6B | 9.5B | 10.1B |
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Additional Information and Resources on Investing in Halliburton Stock
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 Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Halliburton. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation. For more information on how to buy Halliburton Stock please use our How to buy in Halliburton Stock guide.You can also try the Price Transformation module to use Price Transformation models to analyze the depth of different equity instruments across global markets.
Is Oil & Gas Equipment & Services space 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 (0.06) | Dividend Share 0.65 | Earnings Share 2.88 | Revenue Per Share 25.853 | Quarterly Revenue Growth 0.022 |
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.