Honeywell Intangible Assets vs Total Assets Analysis

HON Stock  USD 204.18  0.97  0.48%   
Honeywell International financial indicator trend analysis is much more than just examining Honeywell International latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Honeywell International is a good investment. Please check the relationship between Honeywell International Intangible Assets and its Total Assets accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Honeywell International. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in persons.
To learn how to invest in Honeywell Stock, please use our How to Invest in Honeywell International guide.

Intangible Assets vs Total Assets

Intangible Assets vs Total Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Honeywell International Intangible Assets account and Total Assets. At this time, the significance of the direction appears to have strong relationship.
The correlation between Honeywell International's Intangible Assets and Total Assets is 0.64. Overlapping area represents the amount of variation of Intangible Assets that can explain the historical movement of Total Assets in the same time period over historical financial statements of Honeywell International, assuming nothing else is changed. The correlation between historical values of Honeywell International's Intangible Assets and Total 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 Intangible Assets of Honeywell International are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Intangible Assets i.e., Honeywell International's Intangible Assets and Total Assets go up and down completely randomly.

Correlation Coefficient

0.64
Relationship DirectionPositive 
Relationship StrengthSignificant

Intangible Assets

Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.

Total Assets

Total assets refers to the total amount of Honeywell International assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Honeywell International books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.
Most indicators from Honeywell International's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Honeywell International 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 Honeywell International. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in persons.
To learn how to invest in Honeywell Stock, please use our How to Invest in Honeywell International guide.As of the 15th of May 2024, Tax Provision is likely to grow to about 1.4 B, while Selling General Administrative is likely to drop about 4.5 B.
 2021 2022 2023 2024 (projected)
Gross Profit11.0B11.6B13.7B7.4B
Total Revenue34.4B35.5B36.7B28.3B

Honeywell International fundamental ratios Correlations

0.720.370.980.860.830.50.70.810.990.510.90.73-0.310.720.850.72-0.630.980.320.970.790.640.950.950.75
0.720.010.670.470.680.910.950.840.750.780.70.3-0.420.950.610.47-0.920.760.70.650.650.660.620.70.58
0.370.010.390.280.3-0.060.080.10.35-0.150.180.630.320.210.440.08-0.070.38-0.040.38-0.040.110.480.440.58
0.980.670.390.890.850.460.660.740.960.420.830.79-0.20.640.830.78-0.570.940.290.950.840.70.950.960.77
0.860.470.280.890.760.220.480.670.80.210.750.810.00.390.650.92-0.330.750.070.910.760.660.850.860.67
0.830.680.30.850.760.620.690.570.810.230.570.82-0.060.640.870.69-0.610.790.420.810.610.660.920.920.89
0.50.91-0.060.460.220.620.860.530.560.630.390.19-0.380.840.520.26-0.860.560.770.380.470.630.470.560.47
0.70.950.080.660.480.690.860.80.730.80.60.32-0.40.920.680.49-0.980.730.80.610.570.550.630.680.66
0.810.840.10.740.670.570.530.80.780.750.90.37-0.360.810.550.6-0.730.810.40.810.70.510.640.680.55
0.990.750.350.960.80.810.560.730.780.570.860.67-0.410.750.870.66-0.680.990.410.920.780.640.930.940.72
0.510.78-0.150.420.210.230.630.80.750.570.61-0.14-0.730.770.390.23-0.840.590.660.40.490.230.310.330.19
0.90.70.180.830.750.570.390.60.90.860.610.49-0.380.680.570.63-0.530.890.160.910.790.530.740.740.48
0.730.30.630.790.810.820.190.320.370.67-0.140.490.320.330.710.66-0.20.650.00.790.460.570.870.860.85
-0.31-0.420.32-0.20.0-0.06-0.38-0.4-0.36-0.41-0.73-0.380.32-0.38-0.33-0.050.51-0.41-0.47-0.17-0.280.06-0.14-0.120.17
0.720.950.210.640.390.640.840.920.810.750.770.680.33-0.380.650.31-0.920.790.690.640.50.520.640.680.65
0.850.610.440.830.650.870.520.680.550.870.390.570.71-0.330.650.55-0.680.850.560.780.490.390.920.870.82
0.720.470.080.780.920.690.260.490.60.660.230.630.66-0.050.310.55-0.330.60.160.780.740.610.720.740.52
-0.63-0.92-0.07-0.57-0.33-0.61-0.86-0.98-0.73-0.68-0.84-0.53-0.20.51-0.92-0.68-0.33-0.69-0.86-0.52-0.46-0.41-0.56-0.59-0.59
0.980.760.380.940.750.790.560.730.810.990.590.890.65-0.410.790.850.6-0.690.390.930.740.590.920.910.72
0.320.7-0.040.290.070.420.770.80.40.410.660.160.0-0.470.690.560.16-0.860.390.190.160.180.340.360.38
0.970.650.380.950.910.810.380.610.810.920.40.910.79-0.170.640.780.78-0.520.930.190.760.60.930.920.75
0.790.65-0.040.840.760.610.470.570.70.780.490.790.46-0.280.50.490.74-0.460.740.160.760.790.670.720.42
0.640.660.110.70.660.660.630.550.510.640.230.530.570.060.520.390.61-0.410.590.180.60.790.610.750.52
0.950.620.480.950.850.920.470.630.640.930.310.740.87-0.140.640.920.72-0.560.920.340.930.670.610.980.86
0.950.70.440.960.860.920.560.680.680.940.330.740.86-0.120.680.870.74-0.590.910.360.920.720.750.980.84
0.750.580.580.770.670.890.470.660.550.720.190.480.850.170.650.820.52-0.590.720.380.750.420.520.860.84
Click cells to compare fundamentals

Honeywell International Account Relationship Matchups

Honeywell International fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets58.7B64.6B64.5B62.3B61.5B34.8B
Short Long Term Debt Total16.0B22.4B19.6B19.6B21.5B22.6B
Other Current Liab5.0B4.5B4.5B5.6B4.1B4.0B
Total Current Liabilities18.1B19.2B19.5B19.9B18.5B10.8B
Total Stockholder Equity18.7B17.8B19.2B17.3B15.9B11.0B
Property Plant And Equipment Net5.3B5.6B5.6B5.5B6.7B5.2B
Net Debt6.9B8.1B8.6B9.9B13.6B14.3B
Retained Earnings37.7B39.9B42.8B45.1B48.0B50.4B
Cash9.1B14.3B11.0B9.6B7.9B8.3B
Non Current Assets Total34.4B36.4B39.1B37.3B38.0B20.5B
Non Currrent Assets Other9.1B9.8B10.5B9.7B8.2B8.6B
Cash And Short Term Investments10.4B15.2B11.5B10.1B8.1B4.2B
Net Receivables7.5B6.8B6.8B7.4B7.7B5.1B
Common Stock Shares Outstanding730.3M711.2M700.4M683.1M668.2M785.4M
Liabilities And Stockholders Equity58.7B64.6B64.5B62.3B61.5B34.8B
Non Current Liabilities Total21.9B27.6B25.7B25.0B26.5B27.9B
Inventory4.4B4.5B5.1B5.5B6.2B3.7B
Other Current Assets2.0B1.6B1.9B1.9B1.5B1.0B
Other Stockholder Equity(16.7B)(19.7B)(21.6B)(25.3B)(28.9B)(27.5B)
Total Liab40.0B46.8B45.2B44.9B45.1B23.8B
Property Plant And Equipment Gross5.3B5.6B14.5B14.8B15.3B16.1B
Total Current Assets24.3B28.2B25.4B25.0B23.5B14.4B
Accumulated Other Comprehensive Income(3.2B)(3.4B)(2.9B)(3.5B)(4.1B)(3.9B)
Short Term Debt4.9B6.0B5.3B4.4B4.1B2.2B
Intangible Assets3.7B3.6B3.6B3.2B3.2B3.7B
Accounts Payable5.7B5.8B6.5B6.3B6.8B3.8B
Good Will15.6B16.1B17.8B17.5B18.0B11.2B
Short Term Investments1.3B945M564M483M170M161.5M
Other Liab10.2B11.3B11.5B9.1B10.5B8.7B
Other Assets8.5B10.5B10.9B9.3B364M345.8M
Long Term Debt11.1B16.3B14.3B15.1B16.6B8.8B
Treasury Stock(23.8B)(27.2B)(30.5B)(34.4B)(31.0B)(29.4B)
Property Plant Equipment5.3B5.6B5.6B5.5B6.3B5.6B
Current Deferred Revenue2.5B2.9B3.2B3.6B3.5B2.4B
Noncontrolling Interest In Consolidated Entity212M241M673M622M715.3M751.1M
Retained Earnings Total Equity37.7B39.9B42.8B45.1B51.9B28.2B
Deferred Long Term Liab1.7B2.1B2.4B2.1B2.4B1.3B

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When determining whether Honeywell International offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Honeywell International'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 Honeywell International Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Honeywell International Stock:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Honeywell International. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in persons.
To learn how to invest in Honeywell Stock, please use our How to Invest in Honeywell International guide.
You can also try the Sign In To Macroaxis module to sign in to explore Macroaxis' wealth optimization platform and fintech modules.

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Is Honeywell International'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 Honeywell International. If investors know Honeywell 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 Honeywell International 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
0.077
Dividend Share
4.22
Earnings Share
8.62
Revenue Per Share
55.988
Quarterly Revenue Growth
0.027
The market value of Honeywell International is measured differently than its book value, which is the value of Honeywell that is recorded on the company's balance sheet. Investors also form their own opinion of Honeywell International's value that differs from its market value or its book value, called intrinsic value, which is Honeywell International'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 Honeywell International's market value can be influenced by many factors that don't directly affect Honeywell International'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 Honeywell International's value and its price as these two are different measures arrived at by different means. Investors typically determine if Honeywell International is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Honeywell International'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.