Home Good Will vs Short Term Debt Analysis

0R1G Stock

178.57 82.12 31.50%

Home Depot financial indicator trend analysis is much more than just examining Home Depot latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Home Depot is a good investment. Please check the relationship between Home Depot Good Will and its Short Term Debt accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Home Depot. 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.

For more information on how to buy Home Stock please use our How to Invest in Home Depot guide.

Good Will vs Short Term Debt

Good Will vs Short Term Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Home Depot Good Will account and Short Term Debt. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between Home Depot's Good Will and Short Term Debt is -0.34. Overlapping area represents the amount of variation of Good Will that can explain the historical movement of Short Term Debt in the same time period over historical financial statements of Home Depot, assuming nothing else is changed. The correlation between historical values of Home Depot's Good Will and Short Term Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Good Will of Home Depot are associated (or correlated) with its Short Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Term Debt has no effect on the direction of Good Will i.e., Home Depot's Good Will and Short Term Debt go up and down completely randomly.

Correlation Coefficient

-0.34

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

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.

Short Term Debt

Most indicators from Home Depot's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Home Depot 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Home Depot. 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.

For more information on how to buy Home Stock please use our How to Invest in Home Depot guide.Tax Provision is likely to drop to about 3.3 B in 2024. Selling General Administrative is likely to drop to about 21.3 B in 2024

	2010	2020	2023	2024 (projected)
Interest Income	1.1B	1.3B	1.5B	1.2B
Tax Provision	3.5B	4.1B	3.7B	3.3B

Interest Income Tax Provision

Home Depot fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Total Current Liabilities	Total Stockholder Equity	Retained Earnings	Cash	Other Assets	Long Term Debt	Cash And Short Term Investments	Net Receivables	Good Will	Capital Surpluse	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Treasury Stock	Short Term Debt	Common Stock	Property Plant Equipment
Total Assets		1.0	1.0	0.88	0.96	0.85	0.86	0.99	0.85	1.0	0.85	0.86	0.98	-0.18	0.38	0.99	1.0	0.45	-0.71	0.53	0.92
Short Long Term Debt Total	1.0		1.0	0.86	0.98	0.84	0.84	1.0	0.84	0.99	0.84	0.89	0.99	-0.12	0.33	1.0	0.99	0.51	-0.69	0.58	0.94
Total Current Liabilities	1.0	1.0		0.86	0.98	0.84	0.84	1.0	0.84	0.99	0.84	0.88	0.99	-0.13	0.34	1.0	0.99	0.5	-0.69	0.57	0.94
Total Stockholder Equity	0.88	0.86	0.86		0.73	0.99	0.99	0.86	0.99	0.91	0.99	0.72	0.84	-0.6	0.28	0.81	0.9	0.38	-0.46	0.52	0.64
Retained Earnings	0.96	0.98	0.98	0.73		0.72	0.72	0.98	0.72	0.95	0.72	0.9	0.98	0.1	0.28	0.99	0.95	0.56	-0.69	0.59	0.99
Cash	0.85	0.84	0.84	0.99	0.72		1.0	0.85	1.0	0.88	1.0	0.78	0.85	-0.56	0.13	0.79	0.88	0.5	-0.34	0.64	0.64
Other Assets	0.86	0.84	0.84	0.99	0.72	1.0		0.85	1.0	0.89	1.0	0.78	0.85	-0.57	0.14	0.79	0.88	0.5	-0.35	0.63	0.64
Long Term Debt	0.99	1.0	1.0	0.86	0.98	0.85	0.85		0.85	0.99	0.85	0.91	1.0	-0.11	0.27	0.99	0.99	0.56	-0.64	0.63	0.94
Cash And Short Term Investments	0.85	0.84	0.84	0.99	0.72	1.0	1.0	0.85		0.88	1.0	0.78	0.85	-0.56	0.13	0.79	0.88	0.5	-0.34	0.64	0.64
Net Receivables	1.0	0.99	0.99	0.91	0.95	0.88	0.89	0.99	0.88		0.88	0.86	0.98	-0.23	0.36	0.98	1.0	0.47	-0.68	0.55	0.9
Good Will	0.85	0.84	0.84	0.99	0.72	1.0	1.0	0.85	1.0	0.88		0.78	0.85	-0.56	0.12	0.79	0.88	0.51	-0.34	0.64	0.64
Capital Surpluse	0.86	0.89	0.88	0.72	0.9	0.78	0.78	0.91	0.78	0.86	0.78		0.95	0.07	-0.14	0.87	0.86	0.85	-0.32	0.88	0.91
Inventory	0.98	0.99	0.99	0.84	0.98	0.85	0.85	1.0	0.85	0.98	0.85	0.95		-0.07	0.19	0.98	0.98	0.63	-0.58	0.69	0.95
Other Current Assets	-0.18	-0.12	-0.13	-0.6	0.1	-0.56	-0.57	-0.11	-0.56	-0.23	-0.56	0.07	-0.07		-0.27	-0.05	-0.23	0.24	0.0	0.08	0.22
Other Stockholder Equity	0.38	0.33	0.34	0.28	0.28	0.13	0.14	0.27	0.13	0.36	0.12	-0.14	0.19	-0.27		0.37	0.36	-0.64	-0.87	-0.58	0.21
Total Liab	0.99	1.0	1.0	0.81	0.99	0.79	0.79	0.99	0.79	0.98	0.79	0.87	0.98	-0.05	0.37		0.98	0.47	-0.74	0.53	0.96
Total Current Assets	1.0	0.99	0.99	0.9	0.95	0.88	0.88	0.99	0.88	1.0	0.88	0.86	0.98	-0.23	0.36	0.98		0.46	-0.69	0.55	0.9
Treasury Stock	0.45	0.51	0.5	0.38	0.56	0.5	0.5	0.56	0.5	0.47	0.51	0.85	0.63	0.24	-0.64	0.47	0.46		0.2	0.98	0.6
Short Term Debt	-0.71	-0.69	-0.69	-0.46	-0.69	-0.34	-0.35	-0.64	-0.34	-0.68	-0.34	-0.32	-0.58	0.0	-0.87	-0.74	-0.69	0.2		0.17	-0.66
Common Stock	0.53	0.58	0.57	0.52	0.59	0.64	0.63	0.63	0.64	0.55	0.64	0.88	0.69	0.08	-0.58	0.53	0.55	0.98	0.17		0.61
Property Plant Equipment	0.92	0.94	0.94	0.64	0.99	0.64	0.64	0.94	0.64	0.9	0.64	0.91	0.95	0.22	0.21	0.96	0.9	0.6	-0.66	0.61

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Home Depot Account Relationship Matchups

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Additional Tools for Home Stock Analysis

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

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Home Good Will vs Short Term Debt Analysis

Good Will vs Short Term Debt

Good Will vs Short Term Debt Correlation Analysis

Correlation Coefficient

Good Will

Short Term Debt

Home Depot fundamental ratios Correlations

Home Depot Account Relationship Matchups

High Positive Relationship

High Negative Relationship

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Short Long Term Debt Total	+ 1.0	Total Assets
Total Current Liabilities	+ 1.0	Total Assets
Net Receivables	+ 1.0	Total Assets
Total Current Assets	+ 1.0	Total Assets
Total Current Liabilities	+ 1.0	Short Long Term Debt Total
Long Term Debt	+ 1.0	Short Long Term Debt Total

Short Term Debt	- 0.87	Other Stockholder Equity
Short Term Debt	- 0.74	Total Liab
Short Term Debt	- 0.71	Total Assets
Short Term Debt	- 0.69	Total Current Assets
Short Term Debt	- 0.69	Retained Earnings
Short Term Debt	- 0.69	Total Current Liabilities