Harmony Non Current Liabilities Total vs Total Current Assets Analysis

HMY Stock  USD 8.43  0.00  0.00%   
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 Non Current Liabilities Total and its Total Current Assets 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.

Non Current Liabilities Total vs Total Current Assets

Non Current Liabilities Total vs Total Current Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Harmony Gold Mining Non Current Liabilities Total account and Total Current Assets. At this time, the significance of the direction appears to have strong relationship.
The correlation between Harmony Gold's Non Current Liabilities Total and Total Current Assets is 0.68. Overlapping area represents the amount of variation of Non Current Liabilities Total that can explain the historical movement of Total Current Assets 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 Non Current Liabilities Total and Total Current Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Current Liabilities Total of Harmony Gold Mining are associated (or correlated) with its Total Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Assets has no effect on the direction of Non Current Liabilities Total i.e., Harmony Gold's Non Current Liabilities Total and Total Current Assets go up and down completely randomly.

Correlation Coefficient

0.68
Relationship DirectionPositive 
Relationship StrengthSignificant

Non Current Liabilities Total

Total Current Assets

The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.
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

0.420.450.590.930.98-0.120.280.530.990.640.530.630.950.840.70.310.180.840.690.59-0.030.550.570.43-0.04
0.420.180.340.150.38-0.730.50.410.40.380.410.290.530.780.430.010.090.730.370.330.60.330.390.73-0.17
0.450.180.910.350.370.32-0.060.760.40.770.760.70.370.430.840.29-0.060.490.830.03-0.50.750.750.68-0.18
0.590.340.910.410.460.10.280.860.510.880.860.780.570.620.920.45-0.160.690.960.1-0.430.890.880.77-0.24
0.930.150.350.410.970.090.070.350.960.450.350.560.820.590.520.190.140.580.530.64-0.130.350.350.150.09
0.980.380.370.460.97-0.10.190.41.00.540.390.590.910.760.610.210.230.730.570.670.050.430.450.320.05
-0.12-0.730.320.10.09-0.1-0.50.06-0.12-0.090.070.31-0.35-0.46-0.01-0.15-0.29-0.420.09-0.37-0.77-0.1-0.16-0.320.02
0.280.5-0.060.280.070.19-0.50.350.230.40.350.20.480.520.340.32-0.220.510.34-0.090.170.370.440.46-0.33
0.530.410.760.860.350.40.060.350.440.651.00.640.50.580.750.24-0.250.660.910.03-0.470.620.630.66-0.19
0.990.40.40.510.961.0-0.120.230.440.590.440.60.930.790.650.270.220.770.610.640.030.490.510.370.0
0.640.380.770.880.450.54-0.090.40.650.590.650.630.70.730.970.640.160.760.840.13-0.210.940.960.74-0.23
0.530.410.760.860.350.390.070.351.00.440.650.640.50.580.750.24-0.250.660.910.02-0.480.620.630.66-0.19
0.630.290.70.780.560.590.310.20.640.60.630.640.50.540.730.06-0.290.560.780.2-0.290.60.580.56-0.13
0.950.530.370.570.820.91-0.350.480.50.930.70.50.50.890.720.450.230.880.670.530.10.620.660.51-0.11
0.840.780.430.620.590.76-0.460.520.580.790.730.580.540.890.770.380.230.980.680.390.260.640.690.72-0.22
0.70.430.840.920.520.61-0.010.340.750.650.970.750.730.720.770.570.070.790.920.15-0.250.890.910.78-0.24
0.310.010.290.450.190.21-0.150.320.240.270.640.240.060.450.380.570.190.40.470.0-0.210.630.650.27-0.23
0.180.09-0.06-0.160.140.23-0.29-0.22-0.250.220.16-0.25-0.290.230.230.070.190.18-0.140.170.320.10.12-0.090.23
0.840.730.490.690.580.73-0.420.510.660.770.760.660.560.880.980.790.40.180.750.370.150.70.740.73-0.22
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
0.590.330.030.10.640.67-0.37-0.090.030.640.130.020.20.530.390.150.00.170.370.140.320.110.080.030.46
-0.030.6-0.5-0.43-0.130.05-0.770.17-0.470.03-0.21-0.48-0.290.10.26-0.25-0.210.320.15-0.450.32-0.23-0.180.110.01
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
0.570.390.750.880.350.45-0.160.440.630.510.960.630.580.660.690.910.650.120.740.830.08-0.180.970.79-0.34
0.430.730.680.770.150.32-0.320.460.660.370.740.660.560.510.720.780.27-0.090.730.690.030.110.720.79-0.45
-0.04-0.17-0.18-0.240.090.050.02-0.33-0.190.0-0.23-0.19-0.13-0.11-0.22-0.24-0.230.23-0.22-0.20.460.01-0.26-0.34-0.45
Click cells to compare fundamentals

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 Liab4.1B381M3.0B4.9B8.5B8.9B
Total Current Liabilities7.6B5.8B5.0B6.9B10.3B10.8B
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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