HP Free Cash Flow vs Invested Capital Analysis

HPQ Stock

USD 27.62 0.07 0.25%

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

Free Cash Flow vs Invested Capital

Free Cash Flow vs Invested Capital Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of HP Inc Free Cash Flow account and Invested Capital. At this time, the significance of the direction appears to have very week relationship.

The correlation between HP's Free Cash Flow and Invested Capital is 0.26. Overlapping area represents the amount of variation of Free Cash Flow that can explain the historical movement of Invested Capital in the same time period over historical financial statements of HP Inc, assuming nothing else is changed. The correlation between historical values of HP's Free Cash Flow and Invested 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 Free Cash Flow of HP Inc are associated (or correlated) with its Invested Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Invested Capital has no effect on the direction of Free Cash Flow i.e., HP's Free Cash Flow and Invested Capital go up and down completely randomly.

Correlation Coefficient

0.26

Relationship Direction	Positive
Relationship Strength	Very Weak

View All Relationships

Free Cash Flow

The amount of cash a company generates after accounting for cash outflows to support operations and maintain its capital assets.

Invested Capital

Invested capital represents the total cash investment that shareholders and debt holders have contributed to HP Inc. There are two different methods for calculating HP Inc invested capital: operating approach and financing approach. Understanding HP invested capital allows investors to calculate measures of performance such as return on invested capital or return on capital employed.

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

At this time, HP's Selling General Administrative is relatively stable compared to the past year. As of 04/18/2024, Sales General And Administrative To Revenue is likely to grow to 0.14, while Enterprise Value Over EBITDA is likely to drop 3.04.

	2021	2022	2023	2024 (projected)
Interest Expense	359M	548M	630.2M	598.7M
Depreciation And Amortization	1.9B	850M	977.5M	928.6M

Interest Expense Depreciation And Amortization

HP fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	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	Short Term Debt	Accounts Payable	Current Deferred Revenue	Common Stock Total Equity	Short Term Investments	Property Plant And Equipment Gross
Total Assets		0.83	0.93	0.93	0.92	0.77	0.59	0.91	0.86	1.0	0.43	0.86	0.87	0.43	0.97	0.18	0.9	0.83	0.97	0.99	0.84	0.24	0.8	-0.38	-0.26	0.76
Short Long Term Debt Total	0.83		0.63	0.84	0.71	0.91	0.86	0.65	0.8	0.84	-0.03	0.8	0.94	0.27	0.85	0.38	0.95	0.95	0.86	0.81	0.89	0.38	0.95	-0.38	-0.17	0.72
Other Current Liab	0.93	0.63		0.89	0.85	0.5	0.4	0.86	0.68	0.92	0.7	0.68	0.66	0.3	0.92	0.17	0.71	0.63	0.92	0.93	0.66	0.24	0.55	-0.43	-0.28	0.72
Total Current Liabilities	0.93	0.84	0.89		0.77	0.7	0.61	0.75	0.81	0.92	0.36	0.81	0.85	0.18	0.92	0.48	0.9	0.77	0.98	0.94	0.79	0.56	0.76	-0.63	-0.28	0.72
Total Stockholder Equity	0.92	0.71	0.85	0.77		0.71	0.4	0.99	0.78	0.93	0.42	0.78	0.82	0.61	0.88	-0.13	0.8	0.79	0.84	0.89	0.83	-0.03	0.76	-0.03	-0.38	0.69
Property Plant And Equipment Net	0.77	0.91	0.5	0.7	0.71		0.74	0.66	0.84	0.78	-0.22	0.84	0.94	0.45	0.7	0.18	0.91	0.91	0.72	0.74	0.86	0.19	0.97	-0.16	-0.13	0.63
Net Debt	0.59	0.86	0.4	0.61	0.4	0.74		0.32	0.44	0.63	-0.08	0.44	0.68	-0.02	0.6	0.45	0.69	0.83	0.62	0.53	0.67	0.27	0.75	-0.3	0.16	0.72
Retained Earnings	0.91	0.65	0.86	0.75	0.99	0.66	0.32		0.78	0.91	0.48	0.78	0.78	0.62	0.88	-0.16	0.76	0.72	0.83	0.89	0.79	-0.03	0.71	-0.04	-0.41	0.64
Cash	0.86	0.8	0.68	0.81	0.78	0.84	0.44	0.78		0.83	0.04	1.0	0.89	0.57	0.82	0.15	0.92	0.75	0.83	0.88	0.8	0.29	0.85	-0.38	-0.33	0.48
Non Current Assets Total	1.0	0.84	0.92	0.92	0.93	0.78	0.63	0.91	0.83		0.43	0.83	0.87	0.4	0.97	0.17	0.89	0.86	0.96	0.97	0.84	0.21	0.81	-0.33	-0.22	0.81
Non Currrent Assets Other	0.43	-0.03	0.7	0.36	0.42	-0.22	-0.08	0.48	0.04	0.43		0.04	-0.04	0.01	0.45	-0.08	0.03	0.01	0.41	0.43	0.03	-0.08	-0.16	-0.16	-0.07	0.4
Cash And Short Term Investments	0.86	0.8	0.68	0.81	0.78	0.84	0.44	0.78	1.0	0.83	0.04		0.89	0.57	0.82	0.15	0.92	0.75	0.83	0.88	0.8	0.29	0.85	-0.38	-0.32	0.48
Net Receivables	0.87	0.94	0.66	0.85	0.82	0.94	0.68	0.78	0.89	0.87	-0.04	0.89		0.47	0.84	0.22	0.98	0.94	0.86	0.85	0.95	0.31	0.98	-0.29	-0.35	0.62
Common Stock Shares Outstanding	0.43	0.27	0.3	0.18	0.61	0.45	-0.02	0.62	0.57	0.4	0.01	0.57	0.47		0.38	-0.67	0.43	0.42	0.28	0.45	0.56	-0.52	0.44	0.36	-0.44	-0.05
Non Current Liabilities Total	0.97	0.85	0.92	0.92	0.88	0.7	0.6	0.88	0.82	0.97	0.45	0.82	0.84	0.38		0.2	0.88	0.82	0.98	0.96	0.83	0.27	0.78	-0.41	-0.31	0.73
Inventory	0.18	0.38	0.17	0.48	-0.13	0.18	0.45	-0.16	0.15	0.17	-0.08	0.15	0.22	-0.67	0.2		0.3	0.15	0.35	0.19	0.09	0.92	0.21	-0.79	0.15	0.36
Other Current Assets	0.9	0.95	0.71	0.9	0.8	0.91	0.69	0.76	0.92	0.89	0.03	0.92	0.98	0.43	0.88	0.3		0.91	0.91	0.9	0.93	0.38	0.95	-0.42	-0.3	0.63
Other Stockholder Equity	0.83	0.95	0.63	0.77	0.79	0.91	0.83	0.72	0.75	0.86	0.01	0.75	0.94	0.42	0.82	0.15	0.91		0.81	0.79	0.94	0.15	0.95	-0.17	-0.18	0.71
Total Liab	0.97	0.86	0.92	0.98	0.84	0.72	0.62	0.83	0.83	0.96	0.41	0.83	0.86	0.28	0.98	0.35	0.91	0.81		0.97	0.82	0.43	0.79	-0.53	-0.3	0.74
Total Current Assets	0.99	0.81	0.93	0.94	0.89	0.74	0.53	0.89	0.88	0.97	0.43	0.88	0.85	0.45	0.96	0.19	0.9	0.79	0.97		0.83	0.28	0.77	-0.44	-0.3	0.69
Short Term Debt	0.84	0.89	0.66	0.79	0.83	0.86	0.67	0.79	0.8	0.84	0.03	0.8	0.95	0.56	0.83	0.09	0.93	0.94	0.82	0.83		0.17	0.93	-0.17	-0.39	0.58
Accounts Payable	0.24	0.38	0.24	0.56	-0.03	0.19	0.27	-0.03	0.29	0.21	-0.08	0.29	0.31	-0.52	0.27	0.92	0.38	0.15	0.43	0.28	0.17		0.25	-0.86	-0.09	0.21
Current Deferred Revenue	0.8	0.95	0.55	0.76	0.76	0.97	0.75	0.71	0.85	0.81	-0.16	0.85	0.98	0.44	0.78	0.21	0.95	0.95	0.79	0.77	0.93	0.25		-0.2	-0.25	0.64
Common Stock Total Equity	-0.38	-0.38	-0.43	-0.63	-0.03	-0.16	-0.3	-0.04	-0.38	-0.33	-0.16	-0.38	-0.29	0.36	-0.41	-0.79	-0.42	-0.17	-0.53	-0.44	-0.17	-0.86	-0.2		0.01	-0.2
Short Term Investments	-0.26	-0.17	-0.28	-0.28	-0.38	-0.13	0.16	-0.41	-0.33	-0.22	-0.07	-0.32	-0.35	-0.44	-0.31	0.15	-0.3	-0.18	-0.3	-0.3	-0.39	-0.09	-0.25	0.01		0.07
Property Plant And Equipment Gross	0.76	0.72	0.72	0.72	0.69	0.63	0.72	0.64	0.48	0.81	0.4	0.48	0.62	-0.05	0.73	0.36	0.63	0.71	0.74	0.69	0.58	0.21	0.64	-0.2	0.07

Click cells to compare fundamentals

HP Account Relationship Matchups

HP fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	34.7B	38.6B	38.6B	37.0B	42.6B	56.0B
Short Long Term Debt Total	6.2B	7.5B	11.0B	9.5B	10.9B	8.9B
Other Current Liab	9.6B	10.6B	9.3B	8.8B	10.1B	11.1B
Total Current Liabilities	26.2B	29.1B	26.2B	24.5B	28.2B	25.0B
Total Stockholder Equity	(2.2B)	(1.7B)	(2.9B)	(1.1B)	(1.2B)	(1.2B)
Property Plant And Equipment Net	2.6B	2.5B	2.8B	2.8B	3.3B	5.9B
Net Debt	1.4B	3.2B	7.9B	6.3B	7.2B	7.5B
Retained Earnings	(2.0B)	(2.5B)	(4.4B)	(2.4B)	(2.7B)	(2.6B)
Cash	4.9B	4.3B	3.1B	3.2B	3.7B	6.9B
Non Current Assets Total	14.0B	16.4B	18.8B	19.0B	21.9B	26.6B
Non Currrent Assets Other	2.5B	7.1B	7.5B	7.6B	8.8B	6.1B
Cash And Short Term Investments	4.9B	4.3B	3.1B	3.2B	3.7B	7.0B
Net Receivables	5.4B	5.5B	4.5B	4.2B	4.9B	4.6B
Common Stock Shares Outstanding	1.4B	1.2B	1.1B	1B	900M	1.6B
Liabilities And Stockholders Equity	34.7B	38.6B	38.6B	37.0B	42.6B	56.0B
Non Current Liabilities Total	10.7B	11.2B	15.4B	13.6B	15.6B	12.9B
Inventory	6.0B	7.9B	7.6B	6.9B	7.9B	5.8B
Other Current Assets	4.4B	4.4B	4.5B	3.6B	4.2B	5.4B
Other Stockholder Equity	963M	1.1B	1.2B	1.5B	1.7B	1.6B
Total Liab	36.9B	40.3B	41.5B	38.1B	43.8B	37.9B
Total Current Assets	20.6B	22.2B	19.8B	18.0B	20.7B	29.4B
Short Term Debt	674M	1.1B	218M	230M	264.5M	251.3M
Accounts Payable	14.7B	16.1B	15.3B	14.0B	16.2B	9.6B
Current Deferred Revenue	1.2B	1.3B	1.4B	1.4B	1.6B	1.6B
Common Stock Total Equity	15M	13M	11M	10M	9M	8.6M
Property Plant And Equipment Gross	3.7B	8.7B	8.8B	8.9B	10.2B	7.8B
Accumulated Other Comprehensive Income	(1.2B)	(260M)	313M	(223M)	(256.5M)	(269.3M)
Common Stock	15M	13M	11M	10M	9M	8.6M
Other Liab	4.2B	4.8B	4.6B	3.4B	4.0B	3.8B
Other Assets	3.3B	7.1B	7.5B	4.7B	5.4B	7.6B
Long Term Debt	5.5B	6.4B	10.8B	9.3B	10.6B	9.6B
Good Will	6.4B	6.8B	8.5B	8.6B	7.7B	14.0B
Intangible Assets	540M	784M	1.9B	1.6B	1.4B	1.4B
Property Plant Equipment	2.6B	2.5B	2.8B	4.0B	3.6B	5.4B
Deferred Long Term Liab	30M	34M	36M	44M	50.6M	82.0M
Net Tangible Assets	(8.6B)	(8.5B)	(11.5B)	(11.3B)	(12.9B)	(13.6B)

HP Investors Sentiment

The influence of HP's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in HP. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.

Investor biases related to HP's public news can be used to forecast risks associated with an investment in HP. The trend in average sentiment can be used to explain how an investor holding HP can time the market purely based on public headlines and social activities around HP Inc. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.

HP's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for HP's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average HP's news discussions. The higher the estimated score, the more favorable is the investor's outlook on HP.

HP Implied Volatility

183.16

HP's implied volatility exposes the market's sentiment of HP Inc stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if HP's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that HP stock will not fluctuate a lot when HP's options are near their expiration.

Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards HP in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, HP's short interest history, or implied volatility extrapolated from HP options trading.

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When determining whether HP Inc is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if HP Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Hp Inc Stock. Highlighted below are key reports to facilitate an investment decision about Hp Inc Stock:

How To Invest In HP

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Is HP Stock a good investment?

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What is HP'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 HP Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in american community survey.

You can also try the Sync Your Broker module to sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors..

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

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Is HP'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 HP. If investors know HP 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 HP 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

0.319

Dividend Share

1.063

Earnings Share

3.41

Revenue Per Share

53.452

Quarterly Revenue Growth

(0.04)

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

Free Cash Flow vs Invested Capital

Free Cash Flow vs Invested Capital Correlation Analysis

Correlation Coefficient

Free Cash Flow

Invested Capital

HP fundamental ratios Correlations

HP Account Relationship Matchups

High Positive Relationship

High Negative Relationship

HP fundamental ratios Accounts

HP Investors Sentiment

HP Implied Volatility

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

Complementary Tools for HP Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Non Current Assets Total	+ 1.0	Total Assets
Cash And Short Term Investments	+ 1.0	Cash
Total Current Assets	+ 0.99	Total Assets
Retained Earnings	+ 0.99	Total Stockholder Equity
Total Liab	+ 0.98	Total Current Liabilities
Other Current Assets	+ 0.98	Net Receivables

Common Stock Total Equity	- 0.86	Accounts Payable
Common Stock Total Equity	- 0.79	Inventory
Inventory	- 0.67	Common Stock Shares Outstanding
Common Stock Total Equity	- 0.63	Total Current Liabilities
Common Stock Total Equity	- 0.53	Total Liab
Accounts Payable	- 0.52	Common Stock Shares Outstanding