Haleon Current Deferred Revenue vs Capital Lease Obligations Analysis
| HLN Stock | USD 9.72 0.13 1.36% |
Haleon Plc financial indicator trend analysis is much more than just examining Haleon plc latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Haleon plc is a good investment. Please check the relationship between Haleon Plc Current Deferred Revenue and its Capital Lease Obligations accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Haleon plc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis. To learn how to invest in Haleon Stock, please use our How to Invest in Haleon Plc guide.
Current Deferred Revenue vs Capital Lease Obligations
Current Deferred Revenue vs Capital Lease Obligations Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Haleon plc Current Deferred Revenue account and Capital Lease Obligations. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Haleon Plc's Current Deferred Revenue and Capital Lease Obligations is -0.65. Overlapping area represents the amount of variation of Current Deferred Revenue that can explain the historical movement of Capital Lease Obligations in the same time period over historical financial statements of Haleon plc, assuming nothing else is changed. The correlation between historical values of Haleon Plc's Current Deferred Revenue and Capital Lease Obligations is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Current Deferred Revenue of Haleon plc are associated (or correlated) with its Capital Lease Obligations. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capital Lease Obligations has no effect on the direction of Current Deferred Revenue i.e., Haleon Plc's Current Deferred Revenue and Capital Lease Obligations go up and down completely randomly.
Correlation Coefficient | -0.65 |
| Relationship Direction | Negative |
| Relationship Strength | Weak |
Current Deferred Revenue
Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.Capital Lease Obligations
Haleon plc capital lease obligations are the amount due for long-term lease agreements that are nearly equivalent to Haleon Plc asset purchases. For example, Haleon Plc can use a capital lease to finance the purchase of an asset without ever buying it. A capital lease gives companies such as Haleon Plc control over an asset for a big portion of its life. The total obligations of a company under capital leases, which are lease agreements that transfer substantially all risks and rewards of ownership to the lessee.Most indicators from Haleon Plc's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Haleon plc 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 Haleon plc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis. To learn how to invest in Haleon Stock, please use our How to Invest in Haleon Plc guide.At this time, Haleon Plc's Selling General Administrative is very stable compared to the past year. As of the 29th of November 2024, Enterprise Value Over EBITDA is likely to grow to 19.21, while Tax Provision is likely to drop about 400.8 M.
| 2021 | 2022 | 2023 | 2024 (projected) | Depreciation And Amortization | 268M | 287M | 309M | 318.6M | Interest Income | 17M | 51M | 34M | 31.7M |
Haleon Plc fundamental ratios Correlations
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Haleon Plc Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Pair Trading with Haleon Plc
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Haleon Plc position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Haleon Plc will appreciate offsetting losses from the drop in the long position's value.Moving against Haleon Stock
| 0.82 | ESPR | Esperion Therapeutics | PairCorr |
| 0.82 | BMY | Bristol Myers Squibb Aggressive Push | PairCorr |
| 0.72 | GILD | Gilead Sciences | PairCorr |
| 0.71 | EBS | Emergent Biosolutions | PairCorr |
| 0.7 | VTRS | Viatris | PairCorr |
The ability to find closely correlated positions to Haleon Plc could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Haleon Plc when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Haleon Plc - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Haleon plc to buy it.
The correlation of Haleon Plc is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Haleon Plc moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Haleon plc moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Haleon Plc can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Haleon plc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis. To learn how to invest in Haleon Stock, please use our How to Invest in Haleon Plc guide.You can also try the ETF Categories module to list of ETF categories grouped based on various criteria, such as the investment strategy or type of investments.
Is Biotechnology 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 Haleon Plc. If investors know Haleon 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 Haleon Plc 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 0.348 | Dividend Share 0.062 | Earnings Share 0.33 | Revenue Per Share 2.446 | Quarterly Revenue Growth (0.01) |
The market value of Haleon plc is measured differently than its book value, which is the value of Haleon that is recorded on the company's balance sheet. Investors also form their own opinion of Haleon Plc's value that differs from its market value or its book value, called intrinsic value, which is Haleon Plc'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 Haleon Plc's market value can be influenced by many factors that don't directly affect Haleon Plc'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 Haleon Plc's value and its price as these two are different measures arrived at by different means. Investors typically determine if Haleon Plc is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Haleon Plc'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.