HEES Property Plant Equipment vs Net Working Capital Analysis

HEES Stock

USD 49.72 0.06 0.12%

HE Equipment financial indicator trend analysis is much more than just examining HE Equipment Services latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether HE Equipment Services is a good investment. Please check the relationship between HE Equipment Property Plant Equipment and its Net Working Capital accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in HE Equipment Services. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income.

Property Plant Equipment vs Net Working Capital

Property Plant Equipment vs Net Working Capital Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of HE Equipment Services Property Plant Equipment account and Net Working Capital. At this time, the significance of the direction appears to have no relationship.

The correlation between HE Equipment's Property Plant Equipment and Net Working Capital is 0.07. Overlapping area represents the amount of variation of Property Plant Equipment that can explain the historical movement of Net Working Capital in the same time period over historical financial statements of HE Equipment Services, assuming nothing else is changed. The correlation between historical values of HE Equipment's Property Plant Equipment and Net Working Capital is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant Equipment of HE Equipment Services are associated (or correlated) with its Net Working Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Working Capital has no effect on the direction of Property Plant Equipment i.e., HE Equipment's Property Plant Equipment and Net Working Capital go up and down completely randomly.

Correlation Coefficient

0.07

Relationship Direction	Positive
Relationship Strength	Insignificant

View All Relationships

Property Plant Equipment

Net Working Capital

Most indicators from HE Equipment's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into HE Equipment Services 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 HE Equipment Services. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income.

Tax Provision is likely to gain to about 56.6 M in 2024, whereas Selling General Administrative is likely to drop slightly above 217.1 M in 2024.

	2021	2022	2023	2024 (projected)
Gross Profit	415.4M	555.2M	684.5M	718.7M
Total Revenue	1.1B	1.2B	1.5B	980.4M

Gross Profit Total Revenue

HE Equipment fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Stockholder Equity	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Long Term Debt	Cash And Short Term Investments	Good Will	Common Stock Shares Outstanding	Inventory	Total Liab	Total Current Assets	Intangible Assets	Common Stock	Property Plant Equipment	Other Liab	Other Stockholder Equity	Short Long Term Debt Total	Total Current Liabilities	Property Plant And Equipment Net	Current Deferred Revenue
Total Assets		-0.57	0.89	0.96	0.79	0.63	0.27	0.99	-0.27	0.87	0.79	0.27	0.85	0.65	0.48	0.83	0.66	0.47	-0.51	-0.36	0.78	-0.32	0.81	-0.1	0.99	-0.41
Other Current Liab	-0.57		-0.63	-0.53	-0.69	-0.04	0.08	-0.59	-0.14	-0.54	-0.57	0.08	-0.38	0.0	-0.14	-0.24	-0.04	0.0	-0.1	0.21	-0.42	0.48	-0.25	0.33	-0.65	-0.2
Total Stockholder Equity	0.89	-0.63		0.79	0.96	0.57	0.1	0.9	-0.26	0.83	0.67	0.1	0.82	0.5	0.33	0.6	0.43	0.09	-0.36	-0.36	0.63	-0.39	0.55	-0.25	0.91	-0.27
Net Debt	0.96	-0.53	0.79		0.66	0.5	0.1	0.97	-0.22	0.77	0.74	0.1	0.85	0.7	0.61	0.82	0.57	0.63	-0.58	-0.26	0.64	-0.19	0.81	0.12	0.96	-0.5
Retained Earnings	0.79	-0.69	0.96	0.66		0.51	0.04	0.8	-0.26	0.81	0.63	0.04	0.75	0.25	0.18	0.47	0.27	-0.09	-0.11	-0.38	0.57	-0.52	0.44	-0.33	0.83	-0.01
Accounts Payable	0.63	-0.04	0.57	0.5	0.51		0.47	0.56	-0.6	0.6	0.34	0.47	0.54	0.44	0.37	0.68	0.71	0.25	-0.33	-0.44	0.58	-0.1	0.64	-0.27	0.55	-0.26
Cash	0.27	0.08	0.1	0.1	0.04	0.47		0.13	-0.03	0.33	0.34	1.0	0.02	0.24	-0.19	0.42	0.82	0.09	-0.15	-0.24	0.71	-0.25	0.45	-0.51	0.12	-0.17
Non Current Assets Total	0.99	-0.59	0.9	0.97	0.8	0.56	0.13		-0.26	0.85	0.75	0.13	0.87	0.67	0.51	0.79	0.56	0.47	-0.53	-0.34	0.7	-0.28	0.77	-0.03	0.99	-0.44
Non Currrent Assets Other	-0.27	-0.14	-0.26	-0.22	-0.26	-0.6	-0.03	-0.26		-0.28	-0.27	-0.03	-0.28	-0.09	-0.21	-0.33	-0.2	-0.16	0.04	0.12	-0.16	0.25	-0.28	0.12	-0.26	0.0
Other Assets	0.87	-0.54	0.83	0.77	0.81	0.6	0.33	0.85	-0.28		0.63	0.33	0.81	0.38	0.08	0.71	0.54	0.26	-0.2	-0.57	0.8	-0.4	0.71	-0.28	0.86	-0.11
Long Term Debt	0.79	-0.57	0.67	0.74	0.63	0.34	0.34	0.75	-0.27	0.63		0.34	0.62	0.38	0.36	0.65	0.57	0.28	-0.26	0.07	0.67	-0.66	0.67	-0.18	0.76	-0.22
Cash And Short Term Investments	0.27	0.08	0.1	0.1	0.04	0.47	1.0	0.13	-0.03	0.33	0.34		0.02	0.24	-0.19	0.42	0.82	0.09	-0.15	-0.24	0.71	-0.25	0.45	-0.51	0.12	-0.17
Good Will	0.85	-0.38	0.82	0.85	0.75	0.54	0.02	0.87	-0.28	0.81	0.62	0.02		0.52	0.4	0.71	0.41	0.33	-0.39	-0.36	0.56	-0.32	0.7	0.13	0.85	-0.33
Common Stock Shares Outstanding	0.65	0.0	0.5	0.7	0.25	0.44	0.24	0.67	-0.09	0.38	0.38	0.24	0.52		0.58	0.67	0.68	0.63	-0.98	-0.07	0.44	0.29	0.61	0.16	0.59	-0.95
Inventory	0.48	-0.14	0.33	0.61	0.18	0.37	-0.19	0.51	-0.21	0.08	0.36	-0.19	0.4	0.58		0.49	0.33	0.58	-0.59	0.27	0.01	0.21	0.47	0.46	0.48	-0.54
Total Liab	0.83	-0.24	0.6	0.82	0.47	0.68	0.42	0.79	-0.33	0.71	0.65	0.42	0.71	0.67	0.49		0.8	0.7	-0.54	-0.31	0.73	-0.19	0.99	0.01	0.77	-0.49
Total Current Assets	0.66	-0.04	0.43	0.57	0.27	0.71	0.82	0.56	-0.2	0.54	0.57	0.82	0.41	0.68	0.33	0.8		0.49	-0.58	-0.21	0.79	-0.11	0.8	-0.25	0.53	-0.56
Intangible Assets	0.47	0.0	0.09	0.63	-0.09	0.25	0.09	0.47	-0.16	0.26	0.28	0.09	0.33	0.63	0.58	0.7	0.49		-0.6	-0.08	0.26	0.27	0.71	0.37	0.44	-0.56
Common Stock	-0.51	-0.1	-0.36	-0.58	-0.11	-0.33	-0.15	-0.53	0.04	-0.2	-0.26	-0.15	-0.39	-0.98	-0.59	-0.54	-0.58	-0.6		-0.04	-0.28	-0.4	-0.47	-0.22	-0.45	0.99
Property Plant Equipment	-0.36	0.21	-0.36	-0.26	-0.38	-0.44	-0.24	-0.34	0.12	-0.57	0.07	-0.24	-0.36	-0.07	0.27	-0.31	-0.21	-0.08	-0.04		-0.52	0.18	-0.3	0.38	-0.36	-0.09
Other Liab	0.78	-0.42	0.63	0.64	0.57	0.58	0.71	0.7	-0.16	0.8	0.67	0.71	0.56	0.44	0.01	0.73	0.79	0.26	-0.28	-0.52		-0.45	0.74	-0.39	0.71	-0.23
Other Stockholder Equity	-0.32	0.48	-0.39	-0.19	-0.52	-0.1	-0.25	-0.28	0.25	-0.4	-0.66	-0.25	-0.32	0.29	0.21	-0.19	-0.11	0.27	-0.4	0.18	-0.45		-0.23	0.45	-0.33	-0.39
Short Long Term Debt Total	0.81	-0.25	0.55	0.81	0.44	0.64	0.45	0.77	-0.28	0.71	0.67	0.45	0.7	0.61	0.47	0.99	0.8	0.71	-0.47	-0.3	0.74	-0.23		0.02	0.75	-0.43
Total Current Liabilities	-0.1	0.33	-0.25	0.12	-0.33	-0.27	-0.51	-0.03	0.12	-0.28	-0.18	-0.51	0.13	0.16	0.46	0.01	-0.25	0.37	-0.22	0.38	-0.39	0.45	0.02		-0.07	-0.24
Property Plant And Equipment Net	0.99	-0.65	0.91	0.96	0.83	0.55	0.12	0.99	-0.26	0.86	0.76	0.12	0.85	0.59	0.48	0.77	0.53	0.44	-0.45	-0.36	0.71	-0.33	0.75	-0.07		-0.35
Current Deferred Revenue	-0.41	-0.2	-0.27	-0.5	-0.01	-0.26	-0.17	-0.44	0.0	-0.11	-0.22	-0.17	-0.33	-0.95	-0.54	-0.49	-0.56	-0.56	0.99	-0.09	-0.23	-0.39	-0.43	-0.24	-0.35

Click cells to compare fundamentals

HE Equipment Account Relationship Matchups

HE Equipment fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	2.0B	2.0B	2.1B	2.3B	2.6B	2.8B
Other Current Liab	68.9M	42.3M	9.6M	61.2M	(109.9M)	(104.4M)
Total Stockholder Equity	307.5M	238.2M	303.4M	401.0M	534.3M	561.0M
Net Debt	1.3B	1.1B	1.1B	1.3B	1.6B	1.7B
Retained Earnings	136.1M	63.8M	126.6M	218.7M	348.0M	365.4M
Accounts Payable	58.9M	89.3M	95.6M	129.5M	85.5M	72.4M
Cash	14.2M	310.9M	357.3M	81.3M	8.5M	8.1M
Non Current Assets Total	1.7B	1.4B	1.5B	1.9B	2.3B	2.4B
Non Currrent Assets Other	2.9M	2.2M	1.5M	(270.4M)	4.6M	3.6M
Other Assets	1.2B	1.2B	1.3B	1.4B	1.7B	1.7B
Long Term Debt	945.6M	1.2B	1.3B	1.2B	1.4B	1.5B
Cash And Short Term Investments	14.2M	310.9M	357.3M	81.3M	8.5M	8.1M
Good Will	131.4M	68.9M	63.1M	102.7M	108.2M	113.6M
Common Stock Shares Outstanding	36.0M	36.1M	36.5M	36.1M	36.3M	36.2M
Liabilities And Stockholders Equity	2.0B	2.0B	2.1B	2.3B	2.6B	2.8B
Inventory	85.5M	72.5M	75.3M	107.8M	109.9M	95.9M
Total Liab	1.7B	1.7B	1.8B	1.9B	2.1B	1.1B
Total Current Assets	302.2M	572.6M	610.9M	435.9M	374.6M	292.4M
Intangible Assets	32.9M	29.0M	25.0M	32.6M	32.6M	20.3M
Common Stock	398K	401K	403K	405K	408K	394.4K
Property Plant Equipment	130.6M	116.7M	112.3M	134.6M	121.2M	115.1M
Other Liab	194.0M	491.9M	527.1M	287.0M	330.1M	346.6M
Other Stockholder Equity	171.1M	174.0M	176.3M	181.9M	185.9M	176.6M
Short Long Term Debt Total	1.3B	1.4B	1.4B	1.4B	1.6B	855.6M
Total Current Liabilities	348.6M	145.6M	155.4M	197.8M	166.8M	191.8M
Property Plant And Equipment Net	1.5B	1.3B	1.4B	1.7B	2.1B	2.2B
Current Deferred Revenue	4.0M	4.4M	5.2M	6.7M	6.8M	7.7M
Net Receivables	192.2M	178.9M	157.2M	225.3M	247.4M	158.2M
Non Current Liabilities Total	1.3B	1.6B	1.6B	1.7B	1.9B	2.0B
Other Current Assets	10.3M	10.4M	21.1M	21.5M	8.7M	9.4M
Property Plant And Equipment Gross	1.5B	1.3B	2.3B	2.8B	3.4B	3.5B
Short Term Debt	216.9M	9.6M	45.1M	422K	184.4M	110.6M
Common Stock Total Equity	398K	401K	403K	405K	465.8K	430.7K
Treasury Stock	(64.8M)	(66.2M)	(68.3M)	(70.0M)	(63.0M)	(66.1M)
Net Tangible Assets	143.1M	140.4M	215.3M	265.7M	305.6M	169.2M
Retained Earnings Total Equity	136.1M	63.8M	126.6M	218.7M	251.5M	264.1M
Capital Surpluse	235.8M	240.2M	244.6M	251.9M	289.7M	253.2M
Deferred Long Term Liab	182.2M	171.0M	201.2M	271.2M	311.8M	327.4M

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.

Try AI Portfolio Architect

When determining whether HE Equipment Services is a strong investment it is important to analyze HE Equipment'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 HE Equipment's future performance. For an informed investment choice regarding HEES Stock, refer to the following important reports:

How To Invest In HEES

Details

Is HEES Stock a good investment?

Details

What is HE Equipment's Net Worth?

Details

Largest Trading Companies & Distributors Companies

View

Largest Rental & Leasing Services Companies

View

Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in HE Equipment Services. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income.

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 Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.

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.

	FinTech Suite Use AI to screen and filter profitable investment opportunities
	Portfolio Diagnostics Use generated alerts and portfolio events aggregator to diagnose current holdings
	Global Correlations Find global opportunities by holding instruments from different markets
	Portfolio Optimization Compute new portfolio that will generate highest expected return given your specified tolerance for risk
	ETF Categories List of ETF categories grouped based on various criteria, such as the investment strategy or type of investments
	My Watchlist Analysis Analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like
	Pattern Recognition Use different Pattern Recognition models to time the market across multiple global exchanges
	Portfolio Rebalancing Analyze risk-adjusted returns against different time horizons to find asset-allocation targets
	USA ETFs Find actively traded Exchange Traded Funds (ETF) in USA
	Financial Widgets Easily integrated Macroaxis content with over 30 different plug-and-play financial widgets
	Price Ceiling Movement Calculate and plot Price Ceiling Movement for different equity instruments

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.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

HEES Property Plant Equipment vs Net Working Capital Analysis

Property Plant Equipment vs Net Working Capital

Property Plant Equipment vs Net Working Capital Correlation Analysis

Correlation Coefficient

Property Plant Equipment

Net Working Capital

HE Equipment fundamental ratios Correlations

HE Equipment Account Relationship Matchups

High Positive Relationship

High Negative Relationship

HE Equipment fundamental ratios Accounts

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

Complementary Tools for HEES Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Cash And Short Term Investments	+ 1.0	Cash
Non Current Assets Total	+ 0.99	Total Assets
Property Plant And Equipment Net	+ 0.99	Total Assets
Property Plant And Equipment Net	+ 0.99	Non Current Assets Total
Short Long Term Debt Total	+ 0.99	Total Liab
Current Deferred Revenue	+ 0.99	Common Stock

Common Stock	- 0.98	Common Stock Shares Outstanding
Current Deferred Revenue	- 0.95	Common Stock Shares Outstanding
Retained Earnings	- 0.69	Other Current Liab
Other Stockholder Equity	- 0.66	Long Term Debt
Property Plant And Equipment Net	- 0.65	Other Current Liab
Total Stockholder Equity	- 0.63	Other Current Liab