Huntington Accounts Payable vs Total Current Assets Analysis
HII Stock | USD 252.78 1.71 0.67% |
Huntington Ingalls financial indicator trend analysis is much more than just examining Huntington Ingalls latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Huntington Ingalls is a good investment. Please check the relationship between Huntington Ingalls Accounts Payable and its Total Current Assets accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Huntington Ingalls Industries. 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.
Accounts Payable vs Total Current Assets
Accounts Payable vs Total Current Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Huntington Ingalls Accounts Payable account and Total Current Assets. At this time, the significance of the direction appears to have very week relationship.
The correlation between Huntington Ingalls' Accounts Payable and Total Current Assets is 0.29. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Total Current Assets in the same time period over historical financial statements of Huntington Ingalls Industries, assuming nothing else is changed. The correlation between historical values of Huntington Ingalls' Accounts Payable and Total Current Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Accounts Payable of Huntington Ingalls Industries are associated (or correlated) with its Total Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Assets has no effect on the direction of Accounts Payable i.e., Huntington Ingalls' Accounts Payable and Total Current Assets go up and down completely randomly.
Correlation Coefficient | 0.29 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Accounts Payable
An accounting item on the balance sheet that represents Huntington Ingalls 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 Huntington Ingalls 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.Total Current Assets
The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.Most indicators from Huntington Ingalls' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Huntington Ingalls 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 Huntington Ingalls Industries. 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. The Huntington Ingalls' current Sales General And Administrative To Revenue is estimated to increase to 0.11, while Selling General Administrative is projected to decrease to under 836.4 M.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 1.4B | 1.4B | 1.6B | 1.5B | Total Revenue | 9.5B | 10.7B | 11.5B | 8.8B |
Huntington Ingalls fundamental ratios Correlations
Click cells to compare fundamentals
Huntington Ingalls Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Huntington Ingalls fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Common Stock Shares Outstanding | 41.4M | 40.6M | 40.3M | 40.1M | 39.9M | 36.6M | |
Total Assets | 7.0B | 8.2B | 10.6B | 10.9B | 11.2B | 7.9B | |
Other Current Liab | 400M | 530M | 423M | 1.1B | 1.2B | 1.2B | |
Total Current Liabilities | 1.9B | 2.2B | 2.4B | 2.9B | 3.0B | 2.0B | |
Total Stockholder Equity | 1.6B | 1.9B | 2.8B | 3.5B | 4.1B | 4.3B | |
Other Liab | 2.1B | 2.2B | 1.9B | 1.7B | 2.0B | 2.1B | |
Accounts Payable | 497M | 460M | 603M | 642M | 554M | 460.3M | |
Other Assets | 348M | 606M | 702M | 994M | 1.1B | 1.2B | |
Long Term Debt | 1.3B | 1.7B | 3.3B | 2.5B | 2.2B | 1.7B | |
Good Will | 1.4B | 1.6B | 2.6B | 2.6B | 3.0B | 1.6B | |
Inventory | 128M | 136M | 137M | 161M | 186M | 187.6M | |
Other Current Assets | 123M | 122M | 119M | 178M | 83M | 95.7M | |
Total Liab | 5.4B | 6.3B | 7.8B | 7.4B | 7.1B | 5.9B | |
Property Plant Equipment | 2.8B | 3.0B | 3.1B | 3.2B | 3.7B | 2.5B | |
Short Long Term Debt Total | 1.5B | 1.8B | 3.5B | 3.2B | 2.7B | 2.0B | |
Property Plant And Equipment Net | 3.0B | 3.2B | 3.3B | 3.5B | 3.6B | 2.7B | |
Net Debt | 1.4B | 1.3B | 2.9B | 2.7B | 2.2B | 1.3B | |
Non Current Assets Total | 5.2B | 5.7B | 7.8B | 8.1B | 8.3B | 5.6B | |
Non Currrent Assets Other | 54M | 65M | (169M) | 313M | 530M | 556.5M | |
Net Receivables | 1.5B | 1.6B | 2.0B | 2.0B | 2.2B | 1.4B | |
Liabilities And Stockholders Equity | 7.0B | 8.2B | 10.6B | 10.9B | 11.2B | 8.1B | |
Non Current Liabilities Total | 3.6B | 4.0B | 5.4B | 4.5B | 4.1B | 4.0B | |
Property Plant And Equipment Gross | 3.0B | 3.2B | 5.3B | 5.5B | 6.0B | 3.2B | |
Total Current Assets | 1.8B | 2.4B | 2.8B | 2.7B | 2.9B | 2.5B | |
Accumulated Other Comprehensive Income | (1.4B) | (1.5B) | (923M) | (599M) | (422M) | (443.1M) | |
Short Term Debt | 620M | 651M | 750M | 399M | 231M | 219.5M | |
Net Tangible Assets | 1.6B | 1.9B | 2.8B | 3.5B | 4.0B | 4.2B | |
Current Deferred Revenue | 373M | 585M | 651M | 766M | 1.1B | 1.1B | |
Retained Earnings | 3.0B | 3.5B | 3.9B | 4.3B | 4.8B | 5.0B | |
Cash | 75M | 512M | 627M | 467M | 430M | 533.6M | |
Cash And Short Term Investments | 75M | 512M | 627M | 467M | 430M | 533.6M | |
Retained Earnings Total Equity | 3.0B | 3.5B | 3.9B | 4.3B | 4.9B | 5.2B | |
Long Term Debt Total | 1.3B | 1.7B | 3.3B | 2.5B | 2.9B | 1.9B | |
Capital Surpluse | 2.0B | 2.0B | 2.0B | 2.0B | 2.3B | 2.1B | |
Other Stockholder Equity | (13M) | (86M) | (161M) | (189M) | (241M) | (229.0M) |
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When determining whether Huntington Ingalls offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Huntington Ingalls' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Huntington Ingalls Industries Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Huntington Ingalls Industries Stock:Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Huntington Ingalls Industries. 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 ETF Categories module to list of ETF categories grouped based on various criteria, such as the investment strategy or type of investments.
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When running Huntington Ingalls' price analysis, check to measure Huntington Ingalls' 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 Huntington Ingalls is operating at the current time. Most of Huntington Ingalls' value examination focuses on studying past and present price action to predict the probability of Huntington Ingalls' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Huntington Ingalls' price. Additionally, you may evaluate how the addition of Huntington Ingalls to your portfolios can decrease your overall portfolio volatility.
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Is Huntington Ingalls' 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 Huntington Ingalls. If investors know Huntington 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 Huntington Ingalls 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 0.198 | Dividend Share 5.08 | Earnings Share 17.71 | Revenue Per Share 291.08 | Quarterly Revenue Growth 0.049 |
The market value of Huntington Ingalls is measured differently than its book value, which is the value of Huntington that is recorded on the company's balance sheet. Investors also form their own opinion of Huntington Ingalls' value that differs from its market value or its book value, called intrinsic value, which is Huntington Ingalls' 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 Huntington Ingalls' market value can be influenced by many factors that don't directly affect Huntington Ingalls' 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 Huntington Ingalls' value and its price as these two are different measures arrived at by different means. Investors typically determine if Huntington Ingalls is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Huntington Ingalls' 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.