Harmony Long Term Debt vs Total Revenue Analysis

HMY Stock  USD 8.32  0.05  0.60%   
Harmony Gold financial indicator trend analysis is much more than just examining Harmony Gold Mining latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Harmony Gold Mining is a good investment. Please check the relationship between Harmony Gold Long Term Debt and its Total Revenue accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Harmony Gold Mining. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.

Long Term Debt vs Total Revenue

Long Term Debt vs Total Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Harmony Gold Mining Long Term Debt account and Total Revenue. At this time, the significance of the direction appears to have strong relationship.
The correlation between Harmony Gold's Long Term Debt and Total Revenue is 0.71. Overlapping area represents the amount of variation of Long Term Debt that can explain the historical movement of Total Revenue in the same time period over historical financial statements of Harmony Gold Mining, assuming nothing else is changed. The correlation between historical values of Harmony Gold's Long Term Debt and Total Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Long Term Debt of Harmony Gold Mining are associated (or correlated) with its Total Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Revenue has no effect on the direction of Long Term Debt i.e., Harmony Gold's Long Term Debt and Total Revenue go up and down completely randomly.

Correlation Coefficient

0.71
Relationship DirectionPositive 
Relationship StrengthSignificant

Long Term Debt

Long-term debt is a debt that Harmony Gold Mining has held for over one year. Long-term debt appears on Harmony Gold Mining balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on Harmony Gold Mining balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.

Total Revenue

Total revenue comprises all receipts Harmony Gold Mining 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.
Most indicators from Harmony Gold's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Harmony Gold Mining 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 Harmony Gold Mining. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.
At this time, Harmony Gold's Selling General Administrative is fairly stable compared to the past year. Tax Provision is likely to rise to about 2.1 B in 2024, whereas Sales General And Administrative To Revenue is likely to drop 0.02 in 2024.
 2021 2022 2023 2024 (projected)
Total Operating Expenses1.2B1.8B2.5B2.6B
Cost Of Revenue41.9B39.5B47.2B49.6B

Harmony Gold fundamental ratios Correlations

0.420.520.660.930.98-0.120.280.530.990.640.530.630.950.840.70.310.180.840.690.59-0.030.550.570.43-0.04
0.420.330.510.150.38-0.730.50.410.40.380.410.290.530.780.430.010.090.730.370.330.60.330.390.73-0.17
0.520.330.840.370.440.16-0.050.780.470.780.780.660.450.560.840.270.120.620.830.11-0.360.750.750.71-0.17
0.660.510.840.430.52-0.110.40.870.570.880.870.730.670.760.910.46-0.040.830.960.17-0.270.890.890.79-0.24
0.930.150.370.430.970.090.070.350.960.450.350.560.820.590.520.190.140.580.530.64-0.130.350.350.150.09
0.980.380.440.520.97-0.10.190.41.00.540.390.590.910.760.610.210.230.730.570.670.050.430.450.320.05
-0.12-0.730.16-0.110.09-0.1-0.50.06-0.12-0.090.070.31-0.35-0.46-0.01-0.15-0.29-0.420.09-0.37-0.77-0.1-0.16-0.320.02
0.280.5-0.050.40.070.19-0.50.350.230.40.350.20.480.520.340.32-0.220.510.34-0.090.170.370.440.46-0.33
0.530.410.780.870.350.40.060.350.440.651.00.640.50.580.750.24-0.250.660.910.03-0.470.620.630.66-0.19
0.990.40.470.570.961.0-0.120.230.440.590.440.60.930.790.650.270.220.770.610.640.030.490.510.370.0
0.640.380.780.880.450.54-0.090.40.650.590.650.630.70.730.970.640.160.760.840.13-0.210.940.960.74-0.23
0.530.410.780.870.350.390.070.351.00.440.650.640.50.580.750.24-0.250.660.910.02-0.480.620.630.66-0.19
0.630.290.660.730.560.590.310.20.640.60.630.640.50.540.730.06-0.290.560.780.2-0.290.60.580.56-0.13
0.950.530.450.670.820.91-0.350.480.50.930.70.50.50.890.720.450.230.880.670.530.10.620.660.51-0.11
0.840.780.560.760.590.76-0.460.520.580.790.730.580.540.890.770.380.230.980.680.390.260.640.690.72-0.22
0.70.430.840.910.520.61-0.010.340.750.650.970.750.730.720.770.570.070.790.920.15-0.250.890.910.78-0.24
0.310.010.270.460.190.21-0.150.320.240.270.640.240.060.450.380.570.190.40.470.0-0.210.630.650.27-0.23
0.180.090.12-0.040.140.23-0.29-0.22-0.250.220.16-0.25-0.290.230.230.070.190.18-0.140.170.320.10.12-0.090.23
0.840.730.620.830.580.73-0.420.510.660.770.760.660.560.880.980.790.40.180.750.370.150.70.740.73-0.22
0.690.370.830.960.530.570.090.340.910.610.840.910.780.670.680.920.47-0.140.750.14-0.450.820.830.69-0.2
0.590.330.110.170.640.67-0.37-0.090.030.640.130.020.20.530.390.150.00.170.370.140.320.110.080.030.46
-0.030.6-0.36-0.27-0.130.05-0.770.17-0.470.03-0.21-0.48-0.290.10.26-0.25-0.210.320.15-0.450.32-0.23-0.180.110.01
0.550.330.750.890.350.43-0.10.370.620.490.940.620.60.620.640.890.630.10.70.820.11-0.230.970.72-0.26
0.570.390.750.890.350.45-0.160.440.630.510.960.630.580.660.690.910.650.120.740.830.08-0.180.970.79-0.34
0.430.730.710.790.150.32-0.320.460.660.370.740.660.560.510.720.780.27-0.090.730.690.030.110.720.79-0.45
-0.04-0.17-0.17-0.240.090.050.02-0.33-0.190.0-0.23-0.19-0.13-0.11-0.22-0.24-0.230.23-0.22-0.20.460.01-0.26-0.34-0.45
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Harmony Gold Account Relationship Matchups

Harmony Gold fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets44.7B49.5B46.8B57.2B60.5B36.6B
Short Long Term Debt Total7.8B3.5B3.2B5.7B2.3B3.2B
Other Current Liab4.1B381M3.0B4.9B5.5B5.8B
Total Current Liabilities7.6B5.8B5.0B6.9B7.4B7.7B
Total Stockholder Equity23.4B31.6B30.0B34.8B40.8B25.2B
Property Plant And Equipment Net29.2B34.4B32.9B41.5B41.3B27.2B
Retained Earnings(12.6B)(7.7B)(9.6B)(5.0B)2.2B2.3B
Accounts Payable3.0B4.6B1.3B1.2B1.1B1.3B
Cash6.4B2.8B2.4B2.9B4.7B4.9B
Non Current Assets Total34.5B40.9B39.3B48.6B49.0B31.6B
Non Currrent Assets Other4.1B5.9B6.1B6.7B7.2B7.6B
Cash And Short Term Investments6.4B2.8B2.4B2.9B4.7B5.0B
Net Receivables1.3B1.7B103.4M2.2B2.2B2.4B
Common Stock Shares Outstanding535.3M616.4M612.5M620.5M629.7M422.8M
Liabilities And Stockholders Equity44.7B49.5B46.8B57.2B60.5B36.6B
Non Current Liabilities Total13.8B12.1B11.7B15.5B12.2B8.2B
Inventory2.4B2.5B2.8B3.3B3.6B3.8B
Other Current Assets80M1.5B2.1B340M913M958.7M
Other Stockholder Equity(5.6M)(1.0)6.7B6.8B(479M)(455.1M)
Total Liab21.3B17.8B16.7B22.4B19.5B11.4B
Total Current Assets10.2B8.6B7.5B8.7B11.5B12.1B
Accumulated Other Comprehensive Income3.0B6.4B6.7B6.8B6.1B6.4B
Common Stock56.8B29.7B32.9B32.9B37.9B22.9B
Net Debt1.4B542M757M2.8B(2.4B)(2.3B)
Other Liab6.2B8.9B8.5B9.9B11.4B12.0B
Other Assets4.6B6.1B6.3B6.6B7.6B7.9B
Long Term Debt7.5B3.0B3.2B5.6B6.4B6.8B
Short Term Debt255M387M222M216M260M247M
Property Plant Equipment29.2B34.4B32.9B41.5B47.7B50.1B
Common Stock Total Equity56.8B29.6B32.9B32.9B37.9B30.1B
Property Plant And Equipment Gross29.2B34.4B80.1B92.4B106.2B111.5B
Intangible Assets921.7K32M48M33M19M18.1M
Net Tangible Assets22.8B31.3B30.0B34.7B39.9B23.7B
Long Term Investments212M126M125M111M127.7M136.0M
Short Long Term Debt6M15M87M25M22.5M21.4M
Long Term Debt Total7.5B3.1B3.2B5.6B6.4B4.4B
Capital Lease Obligations141M261M442M526M604.9M635.1M

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