Halliburton Long Term Debt vs Long Term Debt Total Analysis
HAL Stock | USD 36.70 0.74 2.06% |
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 Long Term Debt and its Long Term Debt Total 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 tightly coupled 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.
Long Term Debt vs Long Term Debt Total
Long Term Debt vs Long Term Debt Total Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Halliburton Long Term Debt account and Long Term Debt Total. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Halliburton's Long Term Debt and Long Term Debt Total is 0.96. Overlapping area represents the amount of variation of Long Term Debt that can explain the historical movement of Long Term Debt Total in the same time period over historical financial statements of Halliburton, assuming nothing else is changed. The correlation between historical values of Halliburton's Long Term Debt and Long Term Debt Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Long Term Debt of Halliburton are associated (or correlated) with its Long Term Debt Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Debt Total has no effect on the direction of Long Term Debt i.e., Halliburton's Long Term Debt and Long Term Debt Total go up and down completely randomly.
Correlation Coefficient | 0.96 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Long Term Debt
Long-term debt is a debt that Halliburton has held for over one year. Long-term debt appears on Halliburton balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on Halliburton balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.Long Term Debt Total
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 tightly coupled 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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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 tightly coupled 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.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 Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.
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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 (0.06) | 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.