Home Income Quality vs Book Value Per Share Analysis
HD Stock | USD 344.21 1.48 0.43% |
Home Depot financial indicator trend analysis is much more than just examining Home Depot latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Home Depot is a good investment. Please check the relationship between Home Depot Income Quality and its Book Value Per Share accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Home Depot. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in unemployment. For information on how to trade Home Stock refer to our How to Trade Home Stock guide.
Income Quality vs Book Value Per Share
Income Quality vs Book Value Per Share Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Home Depot Income Quality account and Book Value Per Share. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Home Depot's Income Quality and Book Value Per Share is 0.14. Overlapping area represents the amount of variation of Income Quality that can explain the historical movement of Book Value Per Share in the same time period over historical financial statements of Home Depot, assuming nothing else is changed. The correlation between historical values of Home Depot's Income Quality and Book Value Per Share is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Income Quality of Home Depot are associated (or correlated) with its Book Value Per Share. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Book Value Per Share has no effect on the direction of Income Quality i.e., Home Depot's Income Quality and Book Value Per Share go up and down completely randomly.
Correlation Coefficient | 0.14 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
Income Quality
An assessment of the sustainability of a company's earnings over time, considering factors like revenue source diversification and cost structure.Book Value Per Share
The ratio of equity available to common shareholders divided by the number of outstanding shares. This measure represents the value per share of a company according to its financial statements.Most indicators from Home Depot's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Home Depot 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 Home Depot. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in unemployment. For information on how to trade Home Stock refer to our How to Trade Home Stock guide.At present, Home Depot's Issuance Of Capital Stock is projected to increase significantly based on the last few years of reporting. The current year's Sales General And Administrative To Revenue is expected to grow to 0.18, whereas Discontinued Operations is forecasted to decline to about 32.8 M.
2022 | 2023 | 2024 (projected) | Interest Expense | 1.6B | 1.9B | 2.0B | Depreciation And Amortization | 3.0B | 3.2B | 3.4B |
Home Depot fundamental ratios Correlations
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Home Depot Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Home Depot fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 51.2B | 70.6B | 71.9B | 76.4B | 76.5B | 80.4B | |
Short Long Term Debt Total | 37.4B | 43.4B | 46.3B | 50.4B | 52.2B | 54.9B | |
Other Current Liab | 4.8B | 6.5B | 7.3B | 6.4B | 6.8B | 7.1B | |
Total Current Liabilities | 18.4B | 23.2B | 28.7B | 23.1B | 22.0B | 23.1B | |
Total Stockholder Equity | (3.1B) | 3.3B | (1.7B) | 1.6B | 1.0B | 991.8M | |
Property Plant And Equipment Net | 28.4B | 30.7B | 31.2B | 32.6B | 34.0B | 17.8B | |
Net Debt | 35.2B | 35.5B | 43.9B | 47.6B | 48.5B | 50.9B | |
Retained Earnings | 51.7B | 58.1B | 67.6B | 76.9B | 83.7B | 87.8B | |
Cash | 2.1B | 7.9B | 2.3B | 2.8B | 3.8B | 3.9B | |
Non Current Assets Total | 31.4B | 42.1B | 42.8B | 44.0B | 46.8B | 49.1B | |
Non Currrent Assets Other | 807M | 4.3B | 3.8B | 2.9B | 1.2B | 760.1M | |
Cash And Short Term Investments | 2.1B | 7.9B | 2.3B | 2.8B | 3.8B | 3.9B | |
Net Receivables | 2.1B | 3.0B | 3.4B | 3.3B | 3.3B | 3.5B | |
Common Stock Shares Outstanding | 1.1B | 1.1B | 1.1B | 1.0B | 1.0B | 1.4B | |
Liabilities And Stockholders Equity | 51.2B | 70.6B | 71.9B | 76.4B | 76.5B | 80.4B | |
Non Current Liabilities Total | 36.0B | 44.1B | 44.9B | 51.8B | 53.5B | 56.1B | |
Inventory | 14.5B | 16.6B | 22.1B | 24.9B | 21.0B | 22.0B | |
Other Stockholder Equity | (54.2B) | (54.3B) | (68.7B) | (74.7B) | (82.2B) | (78.1B) | |
Total Liab | 54.4B | 67.3B | 73.6B | 74.9B | 75.5B | 79.3B | |
Total Current Assets | 19.8B | 28.5B | 29.1B | 32.5B | 29.8B | 31.3B | |
Short Term Debt | 3.6B | 2.2B | 4.3B | 2.2B | 2.4B | 2.5B | |
Accounts Payable | 7.8B | 11.6B | 13.5B | 11.4B | 10.0B | 5.3B | |
Good Will | 2.3B | 7.1B | 7.4B | 7.4B | 8.5B | 8.9B | |
Property Plant And Equipment Gross | 22.8B | 30.7B | 31.2B | 32.6B | 61.1B | 64.2B | |
Accumulated Other Comprehensive Income | (739M) | (671M) | (704M) | (718M) | (477M) | (453.2M) | |
Other Liab | 2.2B | 2.9B | 2.9B | 3.6B | 4.1B | 4.3B | |
Other Assets | 807M | 527M | 4.2B | 4.0B | 4.6B | 4.8B | |
Long Term Debt | 28.7B | 35.8B | 36.6B | 42.0B | 42.7B | 44.9B | |
Property Plant Equipment | 28.4B | 30.7B | 31.2B | 32.6B | 37.5B | 25.7B | |
Current Deferred Revenue | 2.1B | 2.8B | 3.6B | 3.1B | 2.8B | 1.9B | |
Treasury Stock | (65.2B) | (65.8B) | (80.8B) | (87.3B) | (78.6B) | (74.6B) | |
Net Tangible Assets | (5.4B) | (7.4B) | (9.1B) | (5.9B) | (5.3B) | (5.0B) | |
Retained Earnings Total Equity | 46.4B | 51.7B | 67.6B | 76.9B | 88.4B | 92.9B | |
Long Term Debt Total | 28.7B | 35.8B | 36.6B | 42.0B | 48.3B | 24.7B | |
Capital Surpluse | 11.0B | 11.5B | 12.1B | 12.6B | 14.5B | 10.5B |
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Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Home Depot. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in unemployment. For information on how to trade Home Stock refer to our How to Trade Home Stock guide.Note that the Home Depot information on this page should be used as a complementary analysis to other Home Depot'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 Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.
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Is Home Depot'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 Home Depot. If investors know Home 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 Home Depot 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 (0.05) | Dividend Share 6.43 | Earnings Share 14.91 | Revenue Per Share 152.785 | Quarterly Revenue Growth (0.02) |
The market value of Home Depot is measured differently than its book value, which is the value of Home that is recorded on the company's balance sheet. Investors also form their own opinion of Home Depot's value that differs from its market value or its book value, called intrinsic value, which is Home Depot'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 Home Depot's market value can be influenced by many factors that don't directly affect Home Depot'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 Home Depot's value and its price as these two are different measures arrived at by different means. Investors typically determine if Home Depot is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Home Depot'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.