HEG Total Revenue vs Net Debt Analysis

HEG Stock   541.55  26.30  4.63%   
HEG financial indicator trend analysis is much more than just examining HEG Limited latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether HEG Limited is a good investment. Please check the relationship between HEG Total Revenue and its Net Debt accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in HEG Limited. 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.

Total Revenue vs Net Debt

Total Revenue vs Net Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of HEG Limited Total Revenue account and Net Debt. At this time, the significance of the direction appears to have weak contrarian relationship.
Total RevenueNet DebtDiversified AwayTotal RevenueNet DebtDiversified Away100%
The correlation between HEG's Total Revenue and Net Debt is -0.2. Overlapping area represents the amount of variation of Total Revenue that can explain the historical movement of Net Debt in the same time period over historical financial statements of HEG Limited, assuming nothing else is changed. The correlation between historical values of HEG's Total Revenue and Net 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 Total Revenue of HEG Limited are associated (or correlated) with its Net Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Debt has no effect on the direction of Total Revenue i.e., HEG's Total Revenue and Net Debt go up and down completely randomly.

Correlation Coefficient

-0.2
Relationship DirectionNegative 
Relationship StrengthInsignificant

Total Revenue

Total revenue comprises all receipts HEG Limited generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.
Most indicators from HEG's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into HEG Limited 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 HEG Limited. 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.
As of December 22, 2024, Selling General Administrative is expected to decline to about 222.3 M. In addition to that, Tax Provision is expected to decline to about 795.1 M
 2021 2022 2023 2024 (projected)
Gross Profit9.1B12.4B12.4B10.9B
Total Revenue21.7B24.7B23.9B18.9B

HEG fundamental ratios Correlations

-0.350.510.570.890.71-0.370.890.740.190.830.170.80.350.260.82-0.680.940.13-0.410.170.950.15-0.21-0.310.26
-0.350.160.4-0.53-0.120.99-0.53-0.37-0.16-0.280.14-0.47-0.1-0.17-0.460.54-0.15-0.070.170.8-0.30.790.340.280.04
0.510.160.780.40.450.20.350.4-0.220.320.490.240.560.080.27-0.490.620.27-0.050.570.560.54-0.2-0.180.29
0.570.40.780.340.520.430.30.46-0.260.410.240.220.470.050.28-0.460.650.23-0.140.790.590.82-0.24-0.040.44
0.89-0.530.40.340.61-0.541.00.840.410.750.280.850.280.530.78-0.730.810.1-0.360.00.84-0.01-0.18-0.680.02
0.71-0.120.450.520.61-0.170.60.570.310.850.380.56-0.070.470.55-0.460.63-0.240.240.270.530.23-0.05-0.2-0.07
-0.370.990.20.43-0.54-0.17-0.56-0.39-0.27-0.320.1-0.5-0.06-0.23-0.480.48-0.18-0.030.160.78-0.320.810.230.280.09
0.89-0.530.350.31.00.6-0.560.820.460.750.280.870.250.520.8-0.680.80.07-0.37-0.020.83-0.05-0.13-0.670.0
0.74-0.370.40.460.840.57-0.390.820.430.50.270.760.470.590.68-0.630.640.28-0.150.220.780.1-0.09-0.640.14
0.19-0.16-0.22-0.260.410.31-0.270.460.430.250.480.39-0.20.790.20.170.17-0.220.07-0.010.13-0.210.68-0.58-0.6
0.83-0.280.320.410.750.85-0.320.750.50.250.250.67-0.180.360.68-0.580.71-0.35-0.090.050.620.13-0.17-0.26-0.07
0.170.140.490.240.280.380.10.280.270.480.250.130.050.650.0-0.080.25-0.260.190.360.110.230.49-0.46-0.6
0.8-0.470.240.220.850.56-0.50.870.760.390.670.130.070.30.97-0.480.63-0.07-0.14-0.010.77-0.13-0.11-0.50.11
0.35-0.10.560.470.28-0.07-0.060.250.47-0.2-0.180.050.07-0.010.1-0.390.470.85-0.470.280.570.19-0.16-0.10.52
0.26-0.170.080.050.530.47-0.230.520.590.790.360.650.3-0.010.11-0.270.23-0.070.130.090.170.040.35-0.74-0.65
0.82-0.460.270.280.780.55-0.480.80.680.20.680.00.970.10.11-0.490.65-0.04-0.17-0.020.8-0.12-0.22-0.310.26
-0.680.54-0.49-0.46-0.73-0.460.48-0.68-0.630.17-0.58-0.08-0.48-0.39-0.27-0.49-0.56-0.190.270.11-0.61-0.070.690.42-0.2
0.94-0.150.620.650.810.63-0.180.80.640.170.710.250.630.470.230.65-0.560.23-0.520.340.930.31-0.1-0.280.29
0.13-0.070.270.230.1-0.24-0.030.070.28-0.22-0.35-0.26-0.070.85-0.07-0.04-0.190.23-0.420.130.360.09-0.2-0.010.49
-0.410.17-0.05-0.14-0.360.240.16-0.37-0.150.07-0.090.19-0.14-0.470.13-0.170.27-0.52-0.420.05-0.51-0.060.160.09-0.27
0.170.80.570.790.00.270.78-0.020.22-0.010.050.36-0.010.280.09-0.020.110.340.130.050.250.910.26-0.050.23
0.95-0.30.560.590.840.53-0.320.830.780.130.620.110.770.570.170.8-0.610.930.36-0.510.250.17-0.19-0.290.42
0.150.790.540.82-0.010.230.81-0.050.1-0.210.130.23-0.130.190.04-0.12-0.070.310.09-0.060.910.17-0.02-0.040.21
-0.210.34-0.2-0.24-0.18-0.050.23-0.13-0.090.68-0.170.49-0.11-0.160.35-0.220.69-0.1-0.20.160.26-0.19-0.02-0.05-0.47
-0.310.28-0.18-0.04-0.68-0.20.28-0.67-0.64-0.58-0.26-0.46-0.5-0.1-0.74-0.310.42-0.28-0.010.09-0.05-0.29-0.04-0.050.35
0.260.040.290.440.02-0.070.090.00.14-0.6-0.07-0.60.110.52-0.650.26-0.20.290.49-0.270.230.420.21-0.470.35
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HEG Account Relationship Matchups

HEG fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets44.4B42.4B53.1B56.9B57.0B32.8B
Short Long Term Debt Total5.9B3.0B6.6B7.4B6.2B6.2B
Other Current Liab(45.3M)(59.9M)1.6B3.0B1.0B1.1B
Total Current Liabilities8.2B6.4B12.9B13.2B11.7B8.1B
Total Stockholder Equity35.1B35.0B39.1B42.8B44.3B46.5B
Property Plant And Equipment Net8.4B10.6B14.5B18.3B20.2B10.8B
Net Debt5.6B2.8B6.2B7.1B4.9B5.9B
Retained Earnings33.5B33.3B37.5B41.1B42.6B44.8B
Accounts Payable1.3B2.6B4.5B2.6B4.3B4.5B
Cash328.0M213.7M410.4M333M1.4B1.4B
Non Current Assets Total23.8B21.7B23.0B28.4B30.7B15.5B
Non Currrent Assets Other50.0M47.1M47.1M860M1.7B1.8B
Cash And Short Term Investments3.2B10.5B12.5B8.4B7.1B7.5B
Net Receivables4.0B3.2B5.9B5.3B5.1B5.8B
Short Term Investments2.9B10.3B12.1B8.0B5.7B3.3B
Liabilities And Stockholders Equity44.4B42.4B53.1B56.9B57.0B32.8B
Non Current Liabilities Total1.1B1.1B1.1B949.3M1.1B1.0B
Inventory10.1B5.8B9.8B14.4B11.9B6.8B
Other Current Assets415.6M1.5B1.9B1.6B2.2B3.8B
Other Stockholder Equity(47.0B)(44.8B)1.0(381K)2K2.1K
Total Liab9.3B7.5B13.9B14.1B12.8B12.8B
Total Current Assets20.6B20.7B30.1B28.5B26.3B16.8B
Accumulated Other Comprehensive Income(9.0B)(9.7B)1.3B1.3B1.2B1.3B
Short Term Debt5.9B3.0B6.6B7.4B6.2B6.4B
Intangible Assets3.0M2.0M998K3.4M12.3M9.1M
Current Deferred Revenue886.6M891.9M1.7B1.4B65.7M62.4M
Other Assets(1K)2.9B1K860M42K39.9K
Other Liab1.3B1.1B1.0B1.1B1.2B1.1B
Net Tangible Assets37.9B35.1B34.9B39.1B45.0B25.2B
Short Long Term Debt5.9B3.0B6.6B7.4B6.2B5.6B
Property Plant Equipment8.4B10.6B14.5B18.3B21.0B11.8B
Long Term Debt Total11.4M8.1M7.8M13.8M12.4M11.8M
Capital Lease Obligations16.4M15.4M12.8M16.6M33M34.7M
Non Current Liabilities Other30.1M39.2M63.4M36.9M41.7M35.2M
Net Invested Capital41.0B37.9B45.8B50.2B50.5B45.9B

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Other Information on Investing in HEG Stock

Balance Sheet is a snapshot of the financial position of HEG Limited at a specified time, usually calculated after every quarter, six months, or one year. HEG Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of HEG and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which HEG currently owns. An asset can also be divided into two categories, current and non-current.