Harmony Long Term Debt vs Capital Stock Analysis

HMY Stock

USD 9.72 0.51 4.99%

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

Long Term Debt vs Capital Stock

Long Term Debt vs Capital Stock Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Harmony Gold Mining Long Term Debt account and Capital Stock. At this time, the significance of the direction appears to have strong relationship.

The correlation between Harmony Gold's Long Term Debt and Capital Stock is 0.66. Overlapping area represents the amount of variation of Long Term Debt that can explain the historical movement of Capital Stock in the same time period over historical financial statements of Harmony Gold Mining, assuming nothing else is changed. The correlation between historical values of Harmony Gold's Long Term Debt and Capital Stock 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 Harmony Gold Mining are associated (or correlated) with its Capital Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capital Stock has no effect on the direction of Long Term Debt i.e., Harmony Gold's Long Term Debt and Capital Stock go up and down completely randomly.

Correlation Coefficient

0.66

Relationship Direction	Positive
Relationship Strength	Significant

View All Relationships

Long Term Debt

Long-term debt is a debt that Harmony Gold Mining has held for over one year. Long-term debt appears on Harmony Gold Mining 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 Harmony Gold Mining 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.

Capital Stock

The total amount of a company’s capital funded by shareholders through the issue and subscription of shares.

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

At this time, Harmony Gold's Selling General Administrative is fairly stable compared to the past year. Tax Provision is likely to rise to about 2.1 B in 2024, whereas Sales General And Administrative To Revenue is likely to drop 0.02 in 2024.

	2021	2022	2023	2024 (projected)
Total Operating Expenses	1.2B	1.8B	2.1B	1.1B
Cost Of Revenue	41.9B	39.5B	45.5B	47.7B

Total Operating Expenses Cost Of Revenue

Harmony Gold fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Common Stock	Net Debt	Other Liab	Other Assets	Long Term Debt	Short Term Debt
Total Assets		0.54	0.27	0.65	0.93	0.98	-0.25	0.55	0.53	0.99	0.63	0.57	0.71	0.95	0.72	0.69	0.14	0.38	0.7	0.72	0.58	0.3	0.55	0.57	0.43	-0.08
Short Long Term Debt Total	0.54		0.55	0.81	0.28	0.47	-0.63	0.65	0.66	0.5	0.72	0.58	0.66	0.58	0.88	0.79	0.05	0.29	0.87	0.73	0.24	0.66	0.67	0.72	0.95	-0.28
Other Current Liab	0.27	0.55		0.36	0.13	0.23	-0.42	-0.04	0.62	0.22	0.08	0.66	0.05	0.2	0.28	0.15	-0.28	-0.1	0.31	0.34	0.42	0.19	0.09	0.09	0.42	0.13
Total Current Liabilities	0.65	0.81	0.36		0.41	0.53	-0.41	0.86	0.8	0.58	0.89	0.7	0.87	0.67	0.93	0.92	0.23	0.47	0.97	0.96	0.15	0.24	0.9	0.9	0.79	-0.3
Total Stockholder Equity	0.93	0.28	0.13	0.41		0.97	-0.02	0.34	0.32	0.95	0.43	0.36	0.59	0.84	0.52	0.5	0.04	0.32	0.49	0.53	0.64	0.14	0.33	0.34	0.14	0.07
Property Plant And Equipment Net	0.98	0.47	0.23	0.53	0.97		-0.19	0.46	0.4	1.0	0.55	0.45	0.65	0.91	0.65	0.62	0.06	0.39	0.62	0.61	0.64	0.33	0.46	0.48	0.35	-0.01
Retained Earnings	-0.25	-0.63	-0.42	-0.41	-0.02	-0.19		-0.28	-0.31	-0.21	-0.41	-0.33	-0.08	-0.46	-0.41	-0.35	-0.35	-0.04	-0.42	-0.31	-0.38	-0.6	-0.45	-0.51	-0.65	0.12
Accounts Payable	0.55	0.65	-0.04	0.86	0.34	0.46	-0.28		0.57	0.51	0.95	0.46	0.86	0.63	0.88	0.94	0.31	0.61	0.89	0.82	-0.15	0.24	0.9	0.93	0.74	-0.47
Cash	0.53	0.66	0.62	0.8	0.32	0.4	-0.31	0.57		0.44	0.55	0.96	0.58	0.52	0.68	0.65	0.02	0.13	0.74	0.86	0.06	-0.09	0.51	0.53	0.6	-0.19
Non Current Assets Total	0.99	0.5	0.22	0.58	0.95	1.0	-0.21	0.51	0.44		0.59	0.48	0.68	0.94	0.68	0.65	0.1	0.39	0.66	0.65	0.61	0.33	0.51	0.53	0.38	-0.05
Non Currrent Assets Other	0.63	0.72	0.08	0.89	0.43	0.55	-0.41	0.95	0.55	0.59		0.44	0.88	0.69	0.92	0.97	0.33	0.67	0.93	0.83	0.11	0.35	0.94	0.96	0.74	-0.3
Cash And Short Term Investments	0.57	0.58	0.66	0.7	0.36	0.45	-0.33	0.46	0.96	0.48	0.44		0.45	0.57	0.57	0.53	0.01	0.03	0.62	0.77	0.13	-0.08	0.4	0.42	0.52	-0.16
Net Receivables	0.71	0.66	0.05	0.87	0.59	0.65	-0.08	0.86	0.58	0.68	0.88	0.45		0.66	0.92	0.94	0.16	0.61	0.92	0.89	0.14	0.22	0.81	0.81	0.62	-0.29
Common Stock Shares Outstanding	0.95	0.58	0.2	0.67	0.84	0.91	-0.46	0.63	0.52	0.94	0.69	0.57	0.66		0.73	0.72	0.27	0.36	0.72	0.72	0.53	0.36	0.63	0.67	0.52	-0.16
Non Current Liabilities Total	0.72	0.88	0.28	0.93	0.52	0.65	-0.41	0.88	0.68	0.68	0.92	0.57	0.92	0.73		0.98	0.2	0.54	0.99	0.91	0.2	0.44	0.85	0.88	0.85	-0.32
Inventory	0.69	0.79	0.15	0.92	0.5	0.62	-0.35	0.94	0.65	0.65	0.97	0.53	0.94	0.72	0.98		0.24	0.63	0.98	0.9	0.13	0.35	0.89	0.91	0.78	-0.31
Other Current Assets	0.14	0.05	-0.28	0.23	0.04	0.06	-0.35	0.31	0.02	0.1	0.33	0.01	0.16	0.27	0.2	0.24		-0.14	0.21	0.24	0.07	0.05	0.37	0.38	0.12	-0.13
Other Stockholder Equity	0.38	0.29	-0.1	0.47	0.32	0.39	-0.04	0.61	0.13	0.39	0.67	0.03	0.61	0.36	0.54	0.63	-0.14		0.52	0.41	0.06	0.18	0.61	0.62	0.34	-0.01
Total Liab	0.7	0.87	0.31	0.97	0.49	0.62	-0.42	0.89	0.74	0.66	0.93	0.62	0.92	0.72	0.99	0.98	0.21	0.52		0.94	0.18	0.38	0.88	0.9	0.84	-0.32
Total Current Assets	0.72	0.73	0.34	0.96	0.53	0.61	-0.31	0.82	0.86	0.65	0.83	0.77	0.89	0.72	0.91	0.9	0.24	0.41	0.94		0.18	0.09	0.81	0.81	0.68	-0.25
Common Stock	0.58	0.24	0.42	0.15	0.64	0.64	-0.38	-0.15	0.06	0.61	0.11	0.13	0.14	0.53	0.2	0.13	0.07	0.06	0.18	0.18		0.36	0.1	0.08	0.02	0.45
Net Debt	0.3	0.66	0.19	0.24	0.14	0.33	-0.6	0.24	-0.09	0.33	0.35	-0.08	0.22	0.36	0.44	0.35	0.05	0.18	0.38	0.09	0.36		0.32	0.38	0.65	-0.16
Other Liab	0.55	0.67	0.09	0.9	0.33	0.46	-0.45	0.9	0.51	0.51	0.94	0.4	0.81	0.63	0.85	0.89	0.37	0.61	0.88	0.81	0.1	0.32		0.97	0.72	-0.32
Other Assets	0.57	0.72	0.09	0.9	0.34	0.48	-0.51	0.93	0.53	0.53	0.96	0.42	0.81	0.67	0.88	0.91	0.38	0.62	0.9	0.81	0.08	0.38	0.97		0.79	-0.4
Long Term Debt	0.43	0.95	0.42	0.79	0.14	0.35	-0.65	0.74	0.6	0.38	0.74	0.52	0.62	0.52	0.85	0.78	0.12	0.34	0.84	0.68	0.02	0.65	0.72	0.79		-0.48
Short Term Debt	-0.08	-0.28	0.13	-0.3	0.07	-0.01	0.12	-0.47	-0.19	-0.05	-0.3	-0.16	-0.29	-0.16	-0.32	-0.31	-0.13	-0.01	-0.32	-0.25	0.45	-0.16	-0.32	-0.4	-0.48

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Harmony Gold Account Relationship Matchups

Harmony Gold fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	44.7B	49.5B	46.8B	57.2B	65.8B	35.5B
Short Long Term Debt Total	7.7B	3.4B	3.2B	5.7B	6.5B	6.9B
Other Current Liab	4.1B	381M	147M	1.2B	1.4B	960.7M
Total Current Liabilities	7.6B	5.8B	5.0B	6.9B	7.9B	8.3B
Total Stockholder Equity	23.4B	31.6B	30.0B	34.8B	40.0B	24.5B
Property Plant And Equipment Net	29.2B	34.4B	32.9B	41.5B	47.7B	26.5B
Retained Earnings	(12.6B)	(7.7B)	(9.6B)	(5.0B)	(4.5B)	(4.7B)
Accounts Payable	3.0B	4.6B	4.5B	5.2B	6.0B	6.3B
Cash	6.4B	2.8B	2.4B	2.9B	3.3B	3.5B
Non Current Assets Total	34.5B	40.9B	39.3B	48.6B	55.8B	30.7B
Non Currrent Assets Other	4.1B	5.9B	6.1B	6.7B	7.7B	8.1B
Cash And Short Term Investments	6.4B	2.8B	2.4B	2.9B	3.3B	1.9B
Net Receivables	1.3B	1.7B	1.7B	2.4B	2.8B	2.9B
Common Stock Shares Outstanding	523.8M	535.3M	616.4M	614.6M	706.8M	412.3M
Liabilities And Stockholders Equity	44.7B	49.5B	46.8B	57.2B	65.8B	35.5B
Non Current Liabilities Total	13.8B	12.1B	11.7B	15.5B	17.8B	18.7B
Inventory	2.4B	2.5B	2.8B	3.3B	3.8B	3.9B
Other Current Assets	80M	1.5B	546M	151M	173.7M	327.2M
Other Stockholder Equity	(5.6M)	(1.0)	6.7B	6.8B	6.1B	6.2B
Total Liab	21.3B	17.8B	16.7B	22.4B	25.7B	27.0B
Total Current Assets	10.2B	8.6B	7.5B	8.7B	10.0B	10.5B
Accumulated Other Comprehensive Income	3.0B	6.4B	6.7B	6.8B	7.8B	8.2B
Common Stock	56.8B	29.7B	32.9B	32.9B	37.9B	22.4B
Net Debt	1.4B	542M	757M	2.8B	3.3B	1.6B
Other Liab	6.2B	8.9B	8.5B	9.9B	11.4B	12.0B
Other Assets	4.6B	6.1B	6.3B	6.6B	7.6B	7.9B
Long Term Debt	7.5B	3.0B	3.2B	5.6B	6.4B	6.8B
Short Term Debt	255M	387M	25M	103M	92.7M	88.1M
Property Plant Equipment	29.2B	34.4B	32.9B	41.5B	47.7B	50.1B
Common Stock Total Equity	56.8B	29.6B	32.9B	32.9B	37.9B	30.1B
Property Plant And Equipment Gross	29.2B	34.4B	80.1B	92.4B	106.2B	111.5B
Intangible Assets	921.7K	32M	48M	33M	29.7M	28.2M
Net Tangible Assets	22.8B	31.3B	30.0B	34.7B	39.9B	23.7B
Long Term Investments	212M	126M	125M	111M	127.7M	136.0M
Short Long Term Debt	6M	15M	87M	25M	22.5M	21.4M
Long Term Debt Total	7.5B	3.1B	3.2B	5.6B	6.4B	4.4B
Capital Lease Obligations	141M	261M	442M	526M	604.9M	635.1M
Non Current Liabilities Other	6M	595M	624M	926M	1.1B	1.1B

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When determining whether Harmony Gold Mining offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Harmony Gold's 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 Harmony Gold Mining Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Harmony Gold Mining Stock:

How To Invest In Harmony

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Is Harmony Stock a good investment?

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What is Harmony Gold's Net Worth?

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

You can also try the Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.

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When running Harmony Gold's price analysis, check to measure Harmony Gold'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 Harmony Gold is operating at the current time. Most of Harmony Gold's value examination focuses on studying past and present price action to predict the probability of Harmony Gold's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Harmony Gold's price. Additionally, you may evaluate how the addition of Harmony Gold to your portfolios can decrease your overall portfolio volatility.

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Is Harmony Gold'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 Harmony Gold. If investors know Harmony 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 Harmony Gold 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

2.209

Dividend Share

2.22

Earnings Share

0.79

Revenue Per Share

92.841

Quarterly Revenue Growth

0.351

The market value of Harmony Gold Mining is measured differently than its book value, which is the value of Harmony that is recorded on the company's balance sheet. Investors also form their own opinion of Harmony Gold's value that differs from its market value or its book value, called intrinsic value, which is Harmony Gold'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 Harmony Gold's market value can be influenced by many factors that don't directly affect Harmony Gold'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 Harmony Gold's value and its price as these two are different measures arrived at by different means. Investors typically determine if Harmony Gold is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Harmony Gold'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.

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Harmony Long Term Debt vs Capital Stock Analysis

Long Term Debt vs Capital Stock

Long Term Debt vs Capital Stock Correlation Analysis

Correlation Coefficient

Long Term Debt

Capital Stock

Harmony Gold fundamental ratios Correlations

Harmony Gold Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Harmony Gold fundamental ratios Accounts

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COMMON DESTINATIONS

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COMPANY

Non Current Assets Total	+ 1.0	Property Plant And Equipment Net
Non Current Assets Total	+ 0.99	Total Assets
Total Liab	+ 0.99	Non Current Liabilities Total
Property Plant And Equipment Net	+ 0.98	Total Assets
Inventory	+ 0.98	Non Current Liabilities Total
Total Liab	+ 0.98	Inventory

Long Term Debt	- 0.65	Retained Earnings
Retained Earnings	- 0.63	Short Long Term Debt Total
Net Debt	- 0.6	Retained Earnings
Other Assets	- 0.51	Retained Earnings
Short Term Debt	- 0.48	Long Term Debt
Short Term Debt	- 0.47	Accounts Payable