Hartford Long Term Debt vs Accounts Payable Analysis

HIG Stock  USD 103.17  1.00  0.98%   
Hartford Financial financial indicator trend analysis is much more than just examining Hartford Financial latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Hartford Financial is a good investment. Please check the relationship between Hartford Financial Long Term Debt and its Accounts Payable accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Hartford Financial 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 gross domestic product.

Long Term Debt vs Accounts Payable

Long Term Debt vs Accounts Payable Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Hartford Financial Long Term Debt account and Accounts Payable. At this time, the significance of the direction appears to have strong relationship.
The correlation between Hartford Financial's Long Term Debt and Accounts Payable is 0.63. Overlapping area represents the amount of variation of Long Term Debt that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of Hartford Financial Services, assuming nothing else is changed. The correlation between historical values of Hartford Financial's Long Term Debt and Accounts Payable 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 Hartford Financial Services are associated (or correlated) with its Accounts Payable. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accounts Payable has no effect on the direction of Long Term Debt i.e., Hartford Financial's Long Term Debt and Accounts Payable go up and down completely randomly.

Correlation Coefficient

0.63
Relationship DirectionPositive 
Relationship StrengthSignificant

Long Term Debt

Long-term debt is a debt that Hartford Financial has held for over one year. Long-term debt appears on Hartford Financial Services 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 Hartford Financial Services 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.

Accounts Payable

An accounting item on the balance sheet that represents Hartford Financial obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Hartford Financial are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.
Most indicators from Hartford Financial's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Hartford Financial 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 Hartford Financial 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 gross domestic product.
At this time, Hartford Financial's Discontinued Operations is most likely to increase significantly in the upcoming years. The Hartford Financial's current Enterprise Value is estimated to increase to about 27.3 B, while Selling General Administrative is projected to decrease to roughly 3.7 B.
 2021 2022 2023 2024 (projected)
Gross Profit17.6B17.5B24.5B18.5B
Total Revenue22.4B22.4B24.5B21.5B

Hartford Financial fundamental ratios Correlations

0.760.960.980.560.41-0.440.82-0.32-0.030.98-0.470.780.830.640.460.420.330.630.490.230.480.20.880.59-0.37
0.760.780.780.90.76-0.020.96-0.13-0.270.7-0.270.740.680.530.140.670.150.930.620.270.60.220.720.68-0.47
0.960.780.980.550.53-0.270.82-0.25-0.120.96-0.390.670.910.790.480.560.430.680.580.040.460.280.790.6-0.43
0.980.780.980.570.47-0.380.84-0.31-0.040.98-0.410.750.840.690.460.450.340.690.480.180.460.230.840.59-0.4
0.560.90.550.570.70.150.86-0.12-0.210.46-0.20.650.510.37-0.190.630.090.910.540.340.50.170.580.52-0.49
0.410.760.530.470.70.410.7-0.09-0.510.35-0.250.150.570.60.040.760.330.850.71-0.080.540.350.20.45-0.56
-0.44-0.02-0.27-0.380.150.41-0.170.44-0.26-0.470.43-0.46-0.040.18-0.420.490.210.080.26-0.48-0.160.23-0.52-0.12-0.22
0.820.960.820.840.860.7-0.17-0.22-0.260.77-0.350.740.740.560.250.610.270.920.610.260.640.290.780.72-0.5
-0.32-0.13-0.25-0.31-0.12-0.090.44-0.22-0.28-0.270.76-0.15-0.25-0.18-0.3-0.08-0.12-0.23-0.19-0.010.03-0.03-0.26-0.1-0.12
-0.03-0.27-0.12-0.04-0.21-0.51-0.26-0.26-0.28-0.030.090.08-0.15-0.15-0.02-0.41-0.01-0.32-0.490.07-0.82-0.30.05-0.160.31
0.980.70.960.980.460.35-0.470.77-0.27-0.03-0.40.750.820.640.510.370.340.560.430.180.460.190.860.56-0.34
-0.47-0.27-0.39-0.41-0.2-0.250.43-0.350.760.09-0.4-0.28-0.33-0.16-0.35-0.21-0.14-0.3-0.52-0.18-0.38-0.06-0.39-0.14-0.05
0.780.740.670.750.650.15-0.460.74-0.150.080.75-0.280.470.190.230.26-0.10.530.280.540.42-0.020.940.56-0.13
0.830.680.910.840.510.57-0.040.74-0.25-0.150.82-0.330.470.940.420.750.640.620.73-0.30.340.380.630.58-0.48
0.640.530.790.690.370.60.180.56-0.18-0.150.64-0.160.190.940.360.750.720.530.66-0.530.170.430.360.47-0.49
0.460.140.480.46-0.190.04-0.420.25-0.3-0.020.51-0.350.230.420.360.070.360.030.18-0.160.170.420.40.640.16
0.420.670.560.450.630.760.490.61-0.08-0.410.37-0.210.260.750.750.070.460.650.91-0.430.360.340.310.43-0.43
0.330.150.430.340.090.330.210.27-0.12-0.010.34-0.14-0.10.640.720.360.460.230.44-0.6-0.010.570.190.35-0.46
0.630.930.680.690.910.850.080.92-0.23-0.320.56-0.30.530.620.530.030.650.230.590.220.590.350.540.57-0.6
0.490.620.580.480.540.710.260.61-0.19-0.490.43-0.520.280.730.660.180.910.440.59-0.30.510.30.370.39-0.35
0.230.270.040.180.34-0.08-0.480.26-0.010.070.18-0.180.54-0.3-0.53-0.16-0.43-0.60.22-0.30.35-0.270.360.060.1
0.480.60.460.460.50.54-0.160.640.03-0.820.46-0.380.420.340.170.170.36-0.010.590.510.350.260.460.39-0.37
0.20.220.280.230.170.350.230.29-0.03-0.30.19-0.06-0.020.380.430.420.340.570.350.3-0.270.260.140.55-0.52
0.880.720.790.840.580.2-0.520.78-0.260.050.86-0.390.940.630.360.40.310.190.540.370.360.460.140.63-0.27
0.590.680.60.590.520.45-0.120.72-0.1-0.160.56-0.140.560.580.470.640.430.350.570.390.060.390.550.63-0.21
-0.37-0.47-0.43-0.4-0.49-0.56-0.22-0.5-0.120.31-0.34-0.05-0.13-0.48-0.490.16-0.43-0.46-0.6-0.350.1-0.37-0.52-0.27-0.21
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Hartford Financial Account Relationship Matchups

Hartford Financial fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets70.8B74.1B76.6B73.0B70.1B66.6B
Short Long Term Debt Total4.8B4.4B4.9B4.4B4.4B4.5B
Other Current Liab(500M)6.8B7.2B34.3B35.2B33.5B
Total Current Liabilities500M701M687M2.1B35.2B33.5B
Total Stockholder Equity16.3B18.6B17.8B13.6B15.3B15.1B
Net Debt4.7B4.2B4.7B4.1B4.2B3.6B
Retained Earnings12.7B13.9B15.8B17.0B19.0B10.7B
Common Stock Shares Outstanding364.9M360.6M354.1M329.5M311.5M369.5M
Liabilities And Stockholders Equity70.8B74.1B76.6B73.0B70.1B66.6B
Non Current Liabilities Total4.3B4.4B4.9B57.3B19.6B20.5B
Other Stockholder Equity(12.7B)(13.9B)1.6B(17.0B)(1.2B)(1.2B)
Total Liab54.5B4.4B4.9B59.4B54.8B52.0B
Short Term Debt413M500M0.034.3B39.4B41.4B
Cash185M151M205M229M189M179.6M
Non Current Assets Total52.7B55.8B55.8B50.0B58.5B86.2B
Non Currrent Assets Other(299M)(46M)(270M)(1.4B)48.5B50.9B
Other Assets(37.0B)(40.5B)(36.9B)(29.2B)(26.3B)(25.0B)
Cash And Short Term Investments45.3B48.5B46.7B40.3B43.8B28.3B
Net Receivables9.9B10.3B11.0B11.9B12.7B11.7B
Short Term Investments45.1B48.3B46.5B40.1B5.4B5.1B
Total Current Assets55.2B58.7B57.7B52.2B11.6B11.0B
Accumulated Other Comprehensive Income52M1.2B172M(3.9B)(2.8B)(2.7B)
Common Stock14.3B15.9B17.1B17.2B3M2.9M
Other Liab42.8B44.4B46.6B47.0B54.1B38.5B
Accounts Payable755M701M687M658M592.2M562.6M
Long Term Debt4.3B4.4B4.9B4.4B4.4B5.6B
Treasury Stock(1.1B)(1.1B)(1.2B)(1.8B)(1.6B)(1.7B)
Intangible Assets1.1B950M858M778M707M972.5M
Property Plant And Equipment Net1.2B1.1B1.0B927M896M980.8M
Current Deferred Revenue(816M)(767M)(255M)1.4B1.7B1.7B
Other Current Assets9.1B9.2B9.9B10.6B11.6B11.0B
Property Plant And Equipment Gross1.0B1.0B1.2B1.1B1.3B1.1B
Property Plant Equipment1.2B1.1B1.0B927M1.1B1.1B
Retained Earnings Total Equity12.7B13.9B15.8B17.0B19.6B11.8B
Net Tangible Assets13.0B15.4B14.7B10.6B9.5B12.4B
Long Term Debt Total4.3B4.4B4.9B4.4B3.9B4.5B

Currently Active Assets on Macroaxis

When determining whether Hartford Financial is a strong investment it is important to analyze Hartford Financial'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 Hartford Financial's future performance. For an informed investment choice regarding Hartford 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 Hartford Financial 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 gross domestic product.
You can also try the Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.

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Is Hartford Financial'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 Hartford Financial. If investors know Hartford 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 Hartford Financial 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
0.488
Dividend Share
1.79
Earnings Share
8.78
Revenue Per Share
82.675
Quarterly Revenue Growth
0.086
The market value of Hartford Financial is measured differently than its book value, which is the value of Hartford that is recorded on the company's balance sheet. Investors also form their own opinion of Hartford Financial's value that differs from its market value or its book value, called intrinsic value, which is Hartford Financial'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 Hartford Financial's market value can be influenced by many factors that don't directly affect Hartford Financial'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 Hartford Financial's value and its price as these two are different measures arrived at by different means. Investors typically determine if Hartford Financial is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Hartford Financial'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.