Heico Other Current Assets from 2010 to 2024

HEI Stock  USD 271.43  4.43  1.61%   
Heico's Other Current Assets are increasing with slightly volatile movements from year to year. Other Current Assets are estimated to finish at about 60.2 M this year. Other Current Assets is assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories. View All Fundamentals
 
Other Current Assets  
First Reported
1985-10-31
Previous Quarter
61.9 M
Current Value
69.1 M
Quarterly Volatility
17.7 M
 
Black Monday
 
Oil Shock
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Heico financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Heico's main balance sheet or income statement drivers, such as Depreciation And Amortization of 155.2 M, Interest Expense of 88.1 M or Total Revenue of 3.6 B, as well as many indicators such as Price To Sales Ratio of 6.92, Dividend Yield of 0.0014 or PTB Ratio of 6.53. Heico financial statements analysis is a perfect complement when working with Heico Valuation or Volatility modules.
  
Check out the analysis of Heico Correlation against competitors.
For more detail on how to invest in Heico Stock please use our How to Invest in Heico guide.

Latest Heico's Other Current Assets Growth Pattern

Below is the plot of the Other Current Assets of Heico over the last few years. It is assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories. Heico's Other Current Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Heico's overall financial position and show how it may be relating to other accounts over time.
Other Current Assets10 Years Trend
Slightly volatile
   Other Current Assets   
       Timeline  

Heico Other Current Assets Regression Statistics

Arithmetic Mean36,005,248
Geometric Mean26,855,187
Coefficient Of Variation49.03
Mean Deviation14,968,232
Median41,929,000
Standard Deviation17,655,075
Sample Variance311.7T
Range59.6M
R-Value0.40
Mean Square Error282.6T
R-Squared0.16
Significance0.14
Slope1,569,488
Total Sum of Squares4363.8T

Heico Other Current Assets History

202460.2 M
202357.3 M
202249.8 M
202141.9 M
202026 M
201924.7 M
201819 M

About Heico Financial Statements

Investors use fundamental indicators, such as Heico's Other Current Assets, to determine how well the company is positioned to perform in the future. Although Heico's investors may analyze each financial statement separately, they are all interrelated. Understanding these patterns can help investors make the right trading decisions.
Last ReportedProjected for Next Year
Other Current Assets57.3 M60.2 M

Currently Active Assets on Macroaxis

When determining whether Heico offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Heico'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 Heico Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Heico Stock:
Check out the analysis of Heico Correlation against competitors.
For more detail on how to invest in Heico Stock please use our How to Invest in Heico guide.
You can also try the Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.
Is Aerospace & Defense space 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 Heico. If investors know Heico 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 Heico 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
0.311
Dividend Share
0.21
Earnings Share
3.37
Revenue Per Share
27.329
Quarterly Revenue Growth
0.373
The market value of Heico is measured differently than its book value, which is the value of Heico that is recorded on the company's balance sheet. Investors also form their own opinion of Heico's value that differs from its market value or its book value, called intrinsic value, which is Heico'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 Heico's market value can be influenced by many factors that don't directly affect Heico'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 Heico's value and its price as these two are different measures arrived at by different means. Investors typically determine if Heico is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Heico'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.