Hon Property Plant And Equipment Net vs Good Will Analysis

HHPD Stock   10.84  0.44  3.90%   
Hon Hai financial indicator trend analysis is much more than just examining Hon Hai Precision latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Hon Hai Precision is a good investment. Please check the relationship between Hon Hai Property Plant And Equipment Net and its Good Will accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Hon Hai Precision. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Property Plant And Equipment Net vs Good Will

Property Plant And Equipment Net vs Good Will Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Hon Hai Precision Property Plant And Equipment Net account and Good Will. At this time, the significance of the direction appears to have very week relationship.
The correlation between Hon Hai's Property Plant And Equipment Net and Good Will is 0.27. Overlapping area represents the amount of variation of Property Plant And Equipment Net that can explain the historical movement of Good Will in the same time period over historical financial statements of Hon Hai Precision, assuming nothing else is changed. The correlation between historical values of Hon Hai's Property Plant And Equipment Net and Good Will is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant And Equipment Net of Hon Hai Precision are associated (or correlated) with its Good Will. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Good Will has no effect on the direction of Property Plant And Equipment Net i.e., Hon Hai's Property Plant And Equipment Net and Good Will go up and down completely randomly.

Correlation Coefficient

0.27
Relationship DirectionPositive 
Relationship StrengthVery Weak

Property Plant And Equipment Net

The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.

Good Will

An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.
Most indicators from Hon Hai's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Hon Hai Precision 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 Hon Hai Precision. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
Selling General Administrative is likely to drop to about 64.4 B in 2024. Tax Provision is likely to drop to about 30.2 B in 2024
 2021 2022 2023 2024 (projected)
Interest Expense22.0B34.7B65.5B68.8B
Depreciation And Amortization75.5B76.5B84.4B56.2B

Hon Hai fundamental ratios Correlations

0.820.590.980.970.630.82-0.30.970.940.810.980.550.780.70.440.290.960.94-0.070.930.991.00.770.790.73
0.820.50.810.760.520.54-0.130.760.730.90.810.810.910.910.490.660.80.82-0.070.780.820.810.990.740.41
0.590.50.530.590.410.36-0.150.580.480.480.630.10.430.440.04-0.050.680.74-0.320.610.570.580.430.460.31
0.980.810.530.910.630.84-0.190.910.980.750.930.50.720.620.40.220.880.90.00.851.00.980.780.730.72
0.970.760.590.910.620.81-0.421.00.870.820.970.550.790.70.460.320.970.91-0.130.950.930.970.690.760.77
0.630.520.410.630.620.74-0.320.60.550.570.70.260.540.270.370.160.580.6-0.060.560.630.610.490.240.67
0.820.540.360.840.810.74-0.320.820.840.580.80.390.550.320.450.090.680.70.090.640.830.820.50.380.93
-0.3-0.13-0.15-0.19-0.42-0.32-0.32-0.39-0.21-0.55-0.33-0.17-0.52-0.2-0.08-0.09-0.33-0.120.48-0.42-0.21-0.29-0.03-0.19-0.44
0.970.760.580.911.00.60.82-0.390.870.80.960.570.780.70.50.330.960.9-0.130.920.930.970.690.740.77
0.940.730.480.980.870.550.84-0.210.870.70.880.440.660.530.30.130.820.84-0.020.790.970.950.690.680.76
0.810.90.480.750.820.570.58-0.550.80.70.820.760.990.850.440.610.810.73-0.270.840.770.80.840.690.54
0.980.810.630.930.970.70.8-0.330.960.880.820.540.790.710.450.320.970.93-0.120.950.950.970.750.760.72
0.550.810.10.50.550.260.39-0.170.570.440.760.540.820.830.710.910.530.51-0.030.530.520.540.80.460.35
0.780.910.430.720.790.540.55-0.520.780.660.990.790.820.880.490.690.790.71-0.240.820.740.770.860.680.5
0.70.910.440.620.70.270.32-0.20.70.530.850.710.830.880.460.780.760.72-0.080.780.660.690.880.820.22
0.440.490.040.40.460.370.45-0.080.50.30.440.450.710.490.460.650.440.43-0.060.380.420.440.490.160.38
0.290.66-0.050.220.320.160.09-0.090.330.130.610.320.910.690.780.650.350.320.030.380.250.280.670.370.05
0.960.80.680.880.970.580.68-0.330.960.820.810.970.530.790.760.440.350.94-0.20.970.910.950.730.810.62
0.940.820.740.90.910.60.7-0.120.90.840.730.930.510.710.720.430.320.94-0.010.90.920.930.770.750.59
-0.07-0.07-0.320.0-0.13-0.060.090.48-0.13-0.02-0.27-0.12-0.03-0.24-0.08-0.060.03-0.2-0.01-0.11-0.03-0.060.00.09-0.09
0.930.780.610.850.950.560.64-0.420.920.790.840.950.530.820.780.380.380.970.9-0.110.880.920.710.870.57
0.990.820.571.00.930.630.83-0.210.930.970.770.950.520.740.660.420.250.910.92-0.030.880.990.780.760.72
1.00.810.580.980.970.610.82-0.290.970.950.80.970.540.770.690.440.280.950.93-0.060.920.990.760.790.73
0.770.990.430.780.690.490.5-0.030.690.690.840.750.80.860.880.490.670.730.770.00.710.780.760.70.34
0.790.740.460.730.760.240.38-0.190.740.680.690.760.460.680.820.160.370.810.750.090.870.760.790.70.25
0.730.410.310.720.770.670.93-0.440.770.760.540.720.350.50.220.380.050.620.59-0.090.570.720.730.340.25
Click cells to compare fundamentals

Hon Hai Account Relationship Matchups

Hon Hai fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets3.3T3.7T3.9T4.1T3.9T2.4T
Short Long Term Debt Total656.5B748.3B871.6B974.0B943.1B990.2B
Other Current Liab91.9B105.5B100.4B389.3B100.9B70.3B
Total Current Liabilities1.7T1.9T2.0T2.1T1.9T1.2T
Total Stockholder Equity1.2T1.3T1.4T1.5T1.5T862.2B
Property Plant And Equipment Net334.3B333.4B350.4B402.8B435.3B305.7B
Current Deferred Revenue240.9B250.6B243.4B260.5B299.6B190.6B
Net Debt(201.4B)(484.5B)(187.9B)(88.3B)(254.6B)(241.9B)
Retained Earnings794.6B779.8B871.2B925.9B987.7B534.5B
Accounts Payable906.2B1.1T1.1T1.1T893.1B677.5B
Cash857.9B1.2T1.1T1.1T1.2T1.3T
Non Current Assets Total747.2B789.6B874.5B933.5B903.8B551.6B
Non Currrent Assets Other76.2B71.9B88.5B60.3B177.7B186.6B
Cash And Short Term Investments913.8B1.3T1.1T1.1T1.4T1.4T
Common Stock Shares Outstanding7.0B7.0B6.9B7.0B14.1B8.0B
Short Term Investments55.9B45.1B49.5B22.4B152.4B160.0B
Liabilities And Stockholders Equity3.3T3.7T3.9T4.1T3.9T2.4T
Non Current Liabilities Total263.9B283.9B337.9B369.6B344.2B176.4B
Inventory515.8B582.1B672.1B939.0B730.8B415.2B
Other Current Assets116.3B91.0B10.8B3.1B1.7B1.6B
Other Stockholder Equity306.7B378.8B370.6B386.0B366.8B206.7B
Total Liab1.9T2.2T2.3T2.5T2.3T1.4T
Total Current Assets2.6T2.9T3.0T3.2T3.0T1.8T
Short Term Debt418.5B494.6B577.7B655.5B654.7B687.5B
Property Plant And Equipment Gross334.3B333.4B350.4B402.8B435.3B344.5B
Net Receivables1.0T942.5B1.2T1.2T953.4B1.1T
Other Liab25.9B30.2B44.1B51.2B58.8B30.5B
Net Tangible Assets1.2T1.2T1.3T1.4T1.6T1.3T
Other Assets41.6B46.0B60.6B60.3B69.3B59.7B
Long Term Debt217.1B233.3B275.6B301.0B271.6B243.3B
Short Long Term Debt411.4B485.5B570.4B647.2B649.0B426.9B
Property Plant Equipment334.3B333.4B350.4B402.8B463.2B364.4B
Net Invested Capital1.9T2.0T2.2T2.4T2.4T2.3T
Non Current Liabilities Other7.3B11.0B11.5B11.6B13.1B11.4B

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.

Additional Tools for Hon Stock Analysis

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