Huntington Property Plant Equipment vs Accumulated Depreciation Analysis

HII Stock  USD 197.92  0.10  0.05%   
Huntington Ingalls financial indicator trend analysis is much more than just examining Huntington Ingalls latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Huntington Ingalls is a good investment. Please check the relationship between Huntington Ingalls Property Plant Equipment and its Accumulated Depreciation accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Huntington Ingalls Industries. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.

Property Plant Equipment vs Accumulated Depreciation

Property Plant Equipment vs Accumulated Depreciation Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Huntington Ingalls Property Plant Equipment account and Accumulated Depreciation. At this time, the significance of the direction appears to have pay attention.
The correlation between Huntington Ingalls' Property Plant Equipment and Accumulated Depreciation is -0.84. Overlapping area represents the amount of variation of Property Plant Equipment that can explain the historical movement of Accumulated Depreciation in the same time period over historical financial statements of Huntington Ingalls Industries, assuming nothing else is changed. The correlation between historical values of Huntington Ingalls' Property Plant Equipment and Accumulated 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 Property Plant Equipment of Huntington Ingalls Industries are associated (or correlated) with its Accumulated Depreciation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accumulated Depreciation has no effect on the direction of Property Plant Equipment i.e., Huntington Ingalls' Property Plant Equipment and Accumulated Depreciation go up and down completely randomly.

Correlation Coefficient

-0.84
Relationship DirectionNegative 
Relationship StrengthSignificant

Property Plant Equipment

Accumulated Depreciation

Accumulated depreciation is the total amount of depreciation for Huntington Ingalls Industries fixed asset that has been charged to Huntington Ingalls expense since that asset was acquired and made available for Huntington Ingalls use. The accumulated depreciation account is Huntington Ingalls asset account with a credit balance. It is also known as a contra asset account and appears on the balance sheet as a reduction from the gross amount of fixed assets reported by Huntington Ingalls.
Most indicators from Huntington Ingalls' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Huntington Ingalls 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 Huntington Ingalls Industries. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
The Huntington Ingalls' current Sales General And Administrative To Revenue is estimated to increase to 0.11, while Selling General Administrative is projected to decrease to under 836.4 M.
 2021 2022 2023 2024 (projected)
Gross Profit1.4B1.4B1.6B1.5B
Total Revenue9.5B10.7B11.5B8.8B

Huntington Ingalls fundamental ratios Correlations

-0.76-0.19-0.78-0.83-0.14-0.8-0.8-0.46-0.750.790.07-0.71-0.07-0.85-0.66-0.89-0.73-0.81-0.54-0.820.25-0.49-0.76-0.29-0.29
-0.760.30.880.790.120.820.820.810.97-0.52-0.320.950.230.90.880.90.930.980.40.96-0.330.740.980.670.06
-0.190.30.460.5-0.240.110.50.120.30.270.150.240.430.220.00.210.320.290.620.170.320.030.340.29-0.56
-0.780.880.460.79-0.150.830.740.510.93-0.560.040.770.490.930.640.920.890.940.460.870.050.40.940.330.19
-0.830.790.50.79-0.060.620.920.480.81-0.49-0.20.660.230.730.610.730.70.80.780.8-0.150.410.80.50.03
-0.140.12-0.24-0.15-0.060.020.240.27-0.04-0.16-0.460.31-0.640.090.210.09-0.060.030.080.1-0.660.57-0.010.36-0.24
-0.80.820.110.830.620.020.620.640.8-0.71-0.130.810.180.890.770.910.880.870.250.82-0.270.580.850.290.23
-0.80.820.50.740.920.240.620.580.77-0.42-0.330.760.070.720.650.720.680.790.770.78-0.320.590.780.62-0.14
-0.460.810.120.510.480.270.640.580.68-0.22-0.490.910.00.590.940.610.790.720.10.7-0.570.940.730.82-0.18
-0.750.970.30.930.81-0.040.80.770.68-0.56-0.190.860.40.920.80.90.920.990.420.94-0.140.570.990.50.21
0.79-0.520.27-0.56-0.49-0.16-0.71-0.42-0.22-0.560.16-0.470.05-0.71-0.49-0.73-0.49-0.6-0.18-0.690.24-0.28-0.540.01-0.62
0.07-0.320.150.04-0.2-0.46-0.13-0.33-0.49-0.190.16-0.360.46-0.07-0.44-0.07-0.13-0.19-0.09-0.370.7-0.56-0.19-0.640.22
-0.710.950.240.770.660.310.810.760.910.86-0.47-0.360.110.840.930.860.910.910.280.87-0.450.890.90.72-0.03
-0.070.230.430.490.23-0.640.180.070.00.40.050.460.110.220.090.220.420.34-0.030.130.81-0.20.36-0.220.32
-0.850.90.220.930.730.090.890.720.590.92-0.71-0.070.840.220.720.990.870.940.410.92-0.220.550.940.380.22
-0.660.880.00.640.610.210.770.650.940.8-0.49-0.440.930.090.720.760.860.840.120.83-0.490.880.820.690.14
-0.890.90.210.920.730.090.910.720.610.9-0.73-0.070.860.220.990.760.90.940.350.92-0.220.580.920.370.26
-0.730.930.320.890.7-0.060.880.680.790.92-0.49-0.130.910.420.870.860.90.950.230.86-0.140.670.950.490.14
-0.810.980.290.940.80.030.870.790.720.99-0.6-0.190.910.340.940.840.940.950.40.95-0.20.630.990.510.19
-0.540.40.620.460.780.080.250.770.10.42-0.18-0.090.28-0.030.410.120.350.230.40.4-0.120.110.420.33-0.35
-0.820.960.170.870.80.10.820.780.70.94-0.69-0.370.870.130.920.830.920.860.950.4-0.360.640.940.570.21
0.25-0.330.320.05-0.15-0.66-0.27-0.32-0.57-0.140.240.7-0.450.81-0.22-0.49-0.22-0.14-0.2-0.12-0.36-0.69-0.19-0.640.31
-0.490.740.030.40.410.570.580.590.940.57-0.28-0.560.89-0.20.550.880.580.670.630.110.64-0.690.620.8-0.2
-0.760.980.340.940.8-0.010.850.780.730.99-0.54-0.190.90.360.940.820.920.950.990.420.94-0.190.620.530.12
-0.290.670.290.330.50.360.290.620.820.50.01-0.640.72-0.220.380.690.370.490.510.330.57-0.640.80.53-0.48
-0.290.06-0.560.190.03-0.240.23-0.14-0.180.21-0.620.22-0.030.320.220.140.260.140.19-0.350.210.31-0.20.12-0.48
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Huntington Ingalls Account Relationship Matchups

Huntington Ingalls fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding41.4M40.6M40.3M40.1M39.9M36.6M
Total Assets7.0B8.2B10.6B10.9B11.2B7.9B
Other Current Liab400M530M423M1.1B1.2B1.2B
Total Current Liabilities1.9B2.2B2.4B2.9B3.0B2.0B
Total Stockholder Equity1.6B1.9B2.8B3.5B4.1B4.3B
Other Liab2.1B2.2B1.9B1.7B2.0B2.1B
Accounts Payable497M460M603M642M554M460.3M
Other Assets348M606M702M994M1.1B1.2B
Long Term Debt1.3B1.7B3.3B2.5B2.2B1.7B
Good Will1.4B1.6B2.6B2.6B3.0B1.6B
Inventory128M136M137M161M186M187.6M
Other Current Assets123M122M119M178M83M95.7M
Total Liab5.4B6.3B7.8B7.4B7.1B5.9B
Property Plant Equipment2.8B3.0B3.1B3.2B3.7B2.5B
Short Long Term Debt Total1.9B2.3B4.0B3.2B2.7B2.3B
Property Plant And Equipment Net3.0B3.2B3.3B3.5B3.6B2.7B
Net Debt1.4B1.3B2.9B2.7B2.2B1.3B
Non Current Assets Total5.2B5.7B7.8B8.1B8.3B5.6B
Non Currrent Assets Other54M65M(169M)313M1.3B1.3B
Net Receivables1.5B1.6B2.0B2.0B2.2B1.4B
Liabilities And Stockholders Equity7.0B8.2B10.6B10.9B11.2B8.1B
Non Current Liabilities Total3.6B4.0B5.4B4.5B4.1B4.0B
Property Plant And Equipment Gross3.0B3.2B5.3B5.5B6.0B3.2B
Total Current Assets1.8B2.4B2.8B2.7B2.9B2.5B
Accumulated Other Comprehensive Income(1.4B)(1.5B)(923M)(599M)(422M)(443.1M)
Short Term Debt620M651M750M399M231M219.5M
Net Tangible Assets1.6B1.9B2.8B3.5B4.0B4.2B
Current Deferred Revenue373M585M651M766M1.1B1.1B
Retained Earnings3.0B3.5B3.9B4.3B4.8B5.0B
Cash75M512M627M467M430M533.6M
Cash And Short Term Investments75M512M627M467M430M533.6M
Retained Earnings Total Equity3.0B3.5B3.9B4.3B4.9B5.2B
Long Term Debt Total1.3B1.7B3.3B2.5B2.9B1.9B
Capital Surpluse2.0B2.0B2.0B2.0B2.3B2.1B
Other Stockholder Equity(13M)(86M)(161M)(189M)(241M)(229.0M)

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When determining whether Huntington Ingalls offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Huntington Ingalls' 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 Huntington Ingalls Industries Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Huntington Ingalls Industries Stock:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Huntington Ingalls Industries. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
You can also try the Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.
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 Huntington Ingalls. If investors know Huntington 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 Huntington Ingalls 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
(0.31)
Dividend Share
5.2
Earnings Share
17.7
Revenue Per Share
296.218
Quarterly Revenue Growth
(0.02)
The market value of Huntington Ingalls is measured differently than its book value, which is the value of Huntington that is recorded on the company's balance sheet. Investors also form their own opinion of Huntington Ingalls' value that differs from its market value or its book value, called intrinsic value, which is Huntington Ingalls' 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 Huntington Ingalls' market value can be influenced by many factors that don't directly affect Huntington Ingalls' 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 Huntington Ingalls' value and its price as these two are different measures arrived at by different means. Investors typically determine if Huntington Ingalls is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Huntington Ingalls' 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.