HEI-A Stock | | | USD 187.07 2.26 1.22% |
HEICO financial indicator trend analysis is much more than just examining HEICO latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether HEICO is a good investment. Please check the relationship between HEICO Capital Expenditures and its Depreciation accounts. Check out
Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in HEICO. 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 information on how to trade HEICO Stock refer to our
How to Trade HEICO Stock guide.
Capital Expenditures vs Depreciation
Capital Expenditures vs Depreciation Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
HEICO Capital Expenditures account and
Depreciation. At this time, the significance of the direction appears to have almost identical trend.
The correlation between HEICO's Capital Expenditures and Depreciation is 0.95. Overlapping area represents the amount of variation of Capital Expenditures that can explain the historical movement of Depreciation in the same time period over historical financial statements of HEICO, assuming nothing else is changed. The correlation between historical values of HEICO's Capital Expenditures and Depreciation is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Capital Expenditures of HEICO are associated (or correlated) with its Depreciation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Depreciation has no effect on the direction of Capital Expenditures i.e., HEICO's Capital Expenditures and Depreciation go up and down completely randomly.
Correlation Coefficient | 0.95 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Capital Expenditures
Capital Expenditures are funds used by HEICO to acquire physical assets such as property, industrial buildings or equipment. This type of outlay is used by management to increase the scope of HEICO operations. These expenditures can include everything from repairing an office equipment, building a brand new facility, or writing new software.
Depreciation
Depreciation indicates how much of HEICO value has been used up. For tax purposes HEICO can deduct the cost of the tangible assets it purchases as business expenses. However, HEICO must depreciate these assets in accordance with IRS rules about how and when the deduction may be taken, and how long it will last. The systematic allocation of the cost of a tangible asset over its useful life.
Most indicators from HEICO's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into HEICO 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 HEICO. 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 information on how to trade HEICO Stock refer to our
How to Trade HEICO Stock guide.At present, HEICO's
Selling General Administrative is projected to increase significantly based on the last few years of reporting. The current year's
Sales General And Administrative To Revenue is expected to grow to 0.21, whereas
Tax Provision is forecasted to decline to about 84.9
M.
HEICO fundamental ratios Correlations
Click cells to compare fundamentals
HEICO Account Relationship Matchups
High Positive Relationship
High Negative Relationship
HEICO fundamental ratios Accounts
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 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
Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in HEICO. 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 information on how to trade HEICO Stock refer to our
How to Trade HEICO Stock guide.
You can also try the
Latest Portfolios module to quick portfolio dashboard that showcases your latest portfolios.
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.