L3Harris Retained Earnings vs Deferred Long Term Liab Analysis
LHX Stock | USD 225.32 0.07 0.03% |
L3Harris Technologies financial indicator trend analysis is infinitely more than just investigating L3Harris Technologies recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether L3Harris Technologies is a good investment. Please check the relationship between L3Harris Technologies Retained Earnings and its Deferred Long Term Liab accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in L3Harris Technologies. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in rate. For more information on how to buy L3Harris Stock please use our How to Invest in L3Harris Technologies guide.
Retained Earnings vs Deferred Long Term Liab
Retained Earnings vs Deferred Long Term Liab Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of L3Harris Technologies Retained Earnings account and Deferred Long Term Liab. At this time, the significance of the direction appears to have no relationship.
The correlation between L3Harris Technologies' Retained Earnings and Deferred Long Term Liab is 0.04. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Deferred Long Term Liab in the same time period over historical financial statements of L3Harris Technologies, assuming nothing else is changed. The correlation between historical values of L3Harris Technologies' Retained Earnings and Deferred Long Term Liab is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Retained Earnings of L3Harris Technologies are associated (or correlated) with its Deferred Long Term Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Deferred Long Term Liab has no effect on the direction of Retained Earnings i.e., L3Harris Technologies' Retained Earnings and Deferred Long Term Liab go up and down completely randomly.
Correlation Coefficient | 0.04 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
Retained Earnings
The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.Deferred Long Term Liab
Liabilities that are due after more than one year, including deferred tax liabilities and deferred revenue.Most indicators from L3Harris Technologies' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into L3Harris Technologies 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 Correlation Analysis to better understand how to build diversified portfolios, which includes a position in L3Harris Technologies. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in rate. For more information on how to buy L3Harris Stock please use our How to Invest in L3Harris Technologies guide.At this time, L3Harris Technologies' Selling General Administrative is fairly stable compared to the past year. Tax Provision is likely to rise to about 256.3 M in 2024, whereas Discontinued Operations is likely to drop (1.2 M) in 2024.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 5.4B | 4.9B | 5.7B | 5.9B | Total Revenue | 17.8B | 17.1B | 19.6B | 20.6B |
L3Harris Technologies fundamental ratios Correlations
Click cells to compare fundamentals
L3Harris Technologies Account Relationship Matchups
L3Harris Technologies fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 38.3B | 37.0B | 34.7B | 33.5B | 38.6B | 40.5B | |
Short Long Term Debt Total | 7.9B | 7.7B | 7.8B | 7.8B | 9.0B | 9.4B | |
Other Current Liab | 1.1B | 1.6B | 1.5B | 1.6B | 1.9B | 1.9B | |
Total Current Liabilities | 4.0B | 4.2B | 4.6B | 5.8B | 6.6B | 7.0B | |
Total Stockholder Equity | 22.6B | 20.7B | 19.2B | 18.5B | 21.3B | 22.4B | |
Property Plant And Equipment Net | 3.0B | 2.9B | 2.9B | 2.9B | 3.3B | 3.5B | |
Net Debt | 7.0B | 6.4B | 6.9B | 6.9B | 7.9B | 8.3B | |
Retained Earnings | 2.2B | 2.3B | 2.9B | 2.9B | 3.4B | 3.6B | |
Cash | 824M | 1.3B | 941M | 880M | 1.0B | 1.1B | |
Non Current Assets Total | 32.0B | 30.3B | 28.4B | 26.8B | 30.8B | 32.3B | |
Non Currrent Assets Other | 507M | 519M | 565M | 552M | 634.8M | 403.5M | |
Cash And Short Term Investments | 824M | 1.3B | 941M | 880M | 1.0B | 1.1B | |
Net Receivables | 3.9B | 4.1B | 4.2B | 4.3B | 4.9B | 5.2B | |
Common Stock Shares Outstanding | 223.7M | 215.9M | 203.2M | 193.5M | 174.2M | 118.3M | |
Liabilities And Stockholders Equity | 38.3B | 37.0B | 34.7B | 33.5B | 38.6B | 40.5B | |
Non Current Liabilities Total | 11.6B | 11.9B | 10.8B | 9.1B | 10.5B | 11.0B | |
Inventory | 1.2B | 973M | 982M | 1.3B | 1.5B | 1.6B | |
Other Current Assets | 392M | 246M | 272M | 258M | 296.7M | 168.7M | |
Other Stockholder Equity | 20.7B | 19.0B | 16.2B | 15.7B | 18.0B | 18.9B | |
Total Liab | 15.6B | 16.1B | 15.4B | 14.9B | 17.1B | 18.0B | |
Total Current Assets | 6.3B | 6.7B | 6.4B | 6.8B | 7.8B | 8.2B | |
Short Term Debt | 389M | 10M | 13M | 820M | 943M | 990.2M | |
Intangible Assets | 8.5B | 7.9B | 6.6B | 6.0B | 6.9B | 7.2B | |
Accounts Payable | 1.3B | 1.4B | 1.8B | 1.9B | 2.2B | 2.3B | |
Property Plant And Equipment Gross | 3.0B | 2.9B | 2.9B | 5.1B | 5.9B | 6.1B | |
Accumulated Other Comprehensive Income | (508M) | (839M) | (146M) | (288M) | (331.2M) | (347.8M) | |
Common Stock Total Equity | 118M | 119M | 218M | 208M | 239.2M | 123.3M | |
Common Stock | 218M | 208M | 194M | 191M | 219.7M | 132.5M | |
Good Will | 20.0B | 18.9B | 18.2B | 17.3B | 19.9B | 20.9B | |
Current Deferred Revenue | 1.2B | 1.2B | 1.3B | 1.4B | 1.6B | 1.7B | |
Net Tangible Assets | (2.8B) | (5.9B) | (6.1B) | (5.6B) | (5.1B) | (4.8B) | |
Long Term Debt Total | 2.8B | 6.7B | 6.9B | 7.0B | 8.1B | 8.5B | |
Capital Surpluse | 1.8B | 20.7B | 19.0B | 16.2B | 18.7B | 19.6B | |
Deferred Long Term Liab | 12M | 48M | 1.2B | 26M | 29.9M | 28.4M | |
Property Plant Equipment | 894M | 3.0B | 2.1B | 2.9B | 3.3B | 3.5B | |
Other Liab | 1.7B | 4.1B | 5.4B | 3.0B | 3.5B | 3.1B |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether L3Harris Technologies offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of L3Harris Technologies' 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 L3harris Technologies Stock. Outlined below are crucial reports that will aid in making a well-informed decision on L3harris Technologies Stock:Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in L3Harris Technologies. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in rate. For more information on how to buy L3Harris Stock please use our How to Invest in L3Harris Technologies guide.Note that the L3Harris Technologies information on this page should be used as a complementary analysis to other L3Harris Technologies' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.
Complementary Tools for L3Harris Stock analysis
When running L3Harris Technologies' price analysis, check to measure L3Harris Technologies' 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 L3Harris Technologies is operating at the current time. Most of L3Harris Technologies' value examination focuses on studying past and present price action to predict the probability of L3Harris Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move L3Harris Technologies' price. Additionally, you may evaluate how the addition of L3Harris Technologies to your portfolios can decrease your overall portfolio volatility.
USA ETFs Find actively traded Exchange Traded Funds (ETF) in USA | |
Portfolio Diagnostics Use generated alerts and portfolio events aggregator to diagnose current holdings | |
Portfolio Optimization Compute new portfolio that will generate highest expected return given your specified tolerance for risk | |
Technical Analysis Check basic technical indicators and analysis based on most latest market data | |
Share Portfolio Track or share privately all of your investments from the convenience of any device | |
Aroon Oscillator Analyze current equity momentum using Aroon Oscillator and other momentum ratios | |
Stock Tickers Use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites | |
Premium Stories Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope | |
Sign In To Macroaxis Sign in to explore Macroaxis' wealth optimization platform and fintech modules |
Is L3Harris Technologies' 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 L3Harris Technologies. If investors know L3Harris 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 L3Harris Technologies 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 (0.16) | Dividend Share 4.58 | Earnings Share 6.15 | Revenue Per Share 106.38 | Quarterly Revenue Growth 0.166 |
The market value of L3Harris Technologies is measured differently than its book value, which is the value of L3Harris that is recorded on the company's balance sheet. Investors also form their own opinion of L3Harris Technologies' value that differs from its market value or its book value, called intrinsic value, which is L3Harris Technologies' 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 L3Harris Technologies' market value can be influenced by many factors that don't directly affect L3Harris Technologies' 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 L3Harris Technologies' value and its price as these two are different measures arrived at by different means. Investors typically determine if L3Harris Technologies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, L3Harris Technologies' 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.