Herald Net Debt vs Inventory Analysis

HRI Stock

2,355 5.00 0.21%

Herald Investment financial indicator trend analysis is much more than just examining Herald Investment Trust latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Herald Investment Trust is a good investment. Please check the relationship between Herald Investment Net Debt and its Inventory accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Herald Investment Trust. 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.

Net Debt vs Inventory

Net Debt vs Inventory Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Herald Investment Trust Net Debt account and Inventory. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between Herald Investment's Net Debt and Inventory is -0.24. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Inventory in the same time period over historical financial statements of Herald Investment Trust, assuming nothing else is changed. The correlation between historical values of Herald Investment's Net Debt and Inventory is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Debt of Herald Investment Trust are associated (or correlated) with its Inventory. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Inventory has no effect on the direction of Net Debt i.e., Herald Investment's Net Debt and Inventory go up and down completely randomly.

Correlation Coefficient

-0.24

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.

Inventory

Most indicators from Herald Investment's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Herald Investment Trust 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 Herald Investment Trust. 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.

The current year's Selling General Administrative is expected to grow to about 14 M, whereas Tax Provision is forecasted to decline to about 399.6 K.

	2023	2024 (projected)
Tax Provision	559K	399.6K
Non Recurring	34.2M	28.7M

Tax Provision Non Recurring

Herald Investment fundamental ratios Correlations

	Total Assets	Total Stockholder Equity	Other Liab	Retained Earnings	Accounts Payable	Cash	Long Term Debt	Short Term Investments	Total Liab	Common Stock	Common Stock Shares Outstanding	Short Long Term Debt Total	Net Debt	Non Current Assets Total	Non Currrent Assets Other	Common Stock Total Equity	Non Current Liabilities Total	Other Stockholder Equity	Other Assets	Cash And Short Term Investments	Net Receivables	Total Current Assets	Other Current Liab	Total Current Liabilities	Inventory	Other Current Assets
Total Assets		0.09	-0.27	0.2	-0.15	-0.14	0.44	-0.95	1.0	-0.61	-0.63	-0.17	-0.06	0.13	-1.0	-0.57	-0.34	-0.2	1.0	-0.14	0.0	-0.13	0.23	-0.17	-0.22	0.22
Total Stockholder Equity	0.09		-0.61	0.83	-0.36	0.67	0.73	0.0	0.08	-0.78	-0.78	-0.5	-0.81	1.0	-0.1	-0.78	-0.76	-0.57	0.09	0.63	0.0	0.57	0.59	-0.48	-0.08	0.08
Other Liab	-0.27	-0.61		-0.35	0.56	-0.49	-0.83	0.25	-0.26	0.65	0.64	0.72	0.7	-0.56	0.27	0.6	0.85	0.6	-0.27	-0.61	-0.24	-0.61	-0.33	0.23	-0.3	0.3
Retained Earnings	0.2	0.83	-0.35		-0.32	0.44	0.46	-0.18	0.19	-0.61	-0.65	-0.33	-0.55	0.85	-0.2	-0.62	-0.55	-0.41	0.2	0.42	-0.17	0.35	0.49	-0.37	-0.48	0.48
Accounts Payable	-0.15	-0.36	0.56	-0.32		-0.23	-0.38	0.14	-0.15	0.37	0.36	0.7	0.41	-0.34	0.15	0.34	0.59	0.67	-0.15	-0.28	-0.04	-0.26	-0.67	0.66	-0.08	0.08
Cash	-0.14	0.67	-0.49	0.44	-0.23		0.64	0.14	-0.15	-0.55	-0.53	-0.41	-0.92	0.63	0.14	-0.6	-0.55	-0.55	-0.14	0.97	0.33	0.95	0.55	-0.48	0.32	-0.32
Long Term Debt	0.44	0.73	-0.83	0.46	-0.38	0.64		-0.41	0.43	-0.89	-0.89	-0.51	-0.82	0.72	-0.44	-0.89	-0.85	-0.6	0.44	0.63	0.25	0.63	0.58	-0.49	0.29	-0.3
Short Term Investments	-0.95	0.0	0.25	-0.18	0.14	0.14	-0.41		-0.95	0.53	0.57	0.12	0.05	-0.05	0.93	0.5	0.32	0.19	-0.95	0.12	0.01	0.11	-0.21	0.16	0.2	-0.21
Total Liab	1.0	0.08	-0.26	0.19	-0.15	-0.15	0.43	-0.95		-0.61	-0.62	-0.16	-0.05	0.12	-1.0	-0.56	-0.33	-0.2	1.0	-0.15	0.0	-0.13	0.22	-0.16	-0.22	0.22
Common Stock	-0.61	-0.78	0.65	-0.61	0.37	-0.55	-0.89	0.53	-0.61		0.99	0.5	0.76	-0.79	0.62	0.98	0.83	0.62	-0.61	-0.5	-0.02	-0.45	-0.66	0.55	0.05	-0.05
Common Stock Shares Outstanding	-0.63	-0.78	0.64	-0.65	0.36	-0.53	-0.89	0.57	-0.62	0.99		0.48	0.75	-0.79	0.63	0.99	0.84	0.61	-0.63	-0.48	0.0	-0.43	-0.67	0.56	0.07	-0.07
Short Long Term Debt Total	-0.17	-0.5	0.72	-0.33	0.7	-0.41	-0.51	0.12	-0.16	0.5	0.48		0.63	-0.46	0.17	0.49	0.8	0.92	-0.17	-0.45	-0.13	-0.44	-0.54	0.51	-0.18	0.18
Net Debt	-0.06	-0.81	0.7	-0.55	0.41	-0.92	-0.82	0.05	-0.05	0.76	0.75	0.63		-0.77	0.06	0.79	0.83	0.74	-0.06	-0.9	-0.17	-0.85	-0.68	0.59	-0.24	0.24
Non Current Assets Total	0.13	1.0	-0.56	0.85	-0.34	0.63	0.72	-0.05	0.12	-0.79	-0.79	-0.46	-0.77		-0.14	-0.8	-0.74	-0.55	0.13	0.58	-0.04	0.51	0.6	-0.5	-0.14	0.13
Non Currrent Assets Other	-1.0	-0.1	0.27	-0.2	0.15	0.14	-0.44	0.93	-1.0	0.62	0.63	0.17	0.06	-0.14		0.57	0.34	0.2	-1.0	0.14	0.0	0.13	-0.23	0.17	0.22	-0.22
Common Stock Total Equity	-0.57	-0.78	0.6	-0.62	0.34	-0.6	-0.89	0.5	-0.56	0.98	0.99	0.49	0.79	-0.8	0.57		0.82	0.65	-0.57	-0.52	-0.04	-0.48	-0.73	0.63	0.0	0.0
Non Current Liabilities Total	-0.34	-0.76	0.85	-0.55	0.59	-0.55	-0.85	0.32	-0.33	0.83	0.84	0.8	0.83	-0.74	0.34	0.82		0.81	-0.34	-0.57	0.08	-0.5	-0.64	0.54	-0.06	0.06
Other Stockholder Equity	-0.2	-0.57	0.6	-0.41	0.67	-0.55	-0.6	0.19	-0.2	0.62	0.61	0.92	0.74	-0.55	0.2	0.65	0.81		-0.2	-0.5	-0.14	-0.49	-0.78	0.76	-0.21	0.21
Other Assets	1.0	0.09	-0.27	0.2	-0.15	-0.14	0.44	-0.95	1.0	-0.61	-0.63	-0.17	-0.06	0.13	-1.0	-0.57	-0.34	-0.2		-0.14	0.0	-0.13	0.22	-0.17	-0.22	0.22
Cash And Short Term Investments	-0.14	0.63	-0.61	0.42	-0.28	0.97	0.63	0.12	-0.15	-0.5	-0.48	-0.45	-0.9	0.58	0.14	-0.52	-0.57	-0.5	-0.14		0.34	0.98	0.42	-0.34	0.31	-0.32
Net Receivables	0.0	0.0	-0.24	-0.17	-0.04	0.33	0.25	0.01	0.0	-0.02	0.0	-0.13	-0.17	-0.04	0.0	-0.04	0.08	-0.14	0.0	0.34		0.52	0.07	-0.11	0.74	-0.73
Total Current Assets	-0.13	0.57	-0.61	0.35	-0.26	0.95	0.63	0.11	-0.13	-0.45	-0.43	-0.44	-0.85	0.51	0.13	-0.48	-0.5	-0.49	-0.13	0.98	0.52		0.39	-0.33	0.44	-0.44
Other Current Liab	0.23	0.59	-0.33	0.49	-0.67	0.55	0.58	-0.21	0.22	-0.66	-0.67	-0.54	-0.68	0.6	-0.23	-0.73	-0.64	-0.78	0.22	0.42	0.07	0.39		-0.99	0.11	-0.11
Total Current Liabilities	-0.17	-0.48	0.23	-0.37	0.66	-0.48	-0.49	0.16	-0.16	0.55	0.56	0.51	0.59	-0.5	0.17	0.63	0.54	0.76	-0.17	-0.34	-0.11	-0.33	-0.99		-0.16	0.16
Inventory	-0.22	-0.08	-0.3	-0.48	-0.08	0.32	0.29	0.2	-0.22	0.05	0.07	-0.18	-0.24	-0.14	0.22	0.0	-0.06	-0.21	-0.22	0.31	0.74	0.44	0.11	-0.16		-1.0
Other Current Assets	0.22	0.08	0.3	0.48	0.08	-0.32	-0.3	-0.21	0.22	-0.05	-0.07	0.18	0.24	0.13	-0.22	0.0	0.06	0.21	0.22	-0.32	-0.73	-0.44	-0.11	0.16	-1.0

Click cells to compare fundamentals

Herald Investment Account Relationship Matchups

Herald Investment fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	1.1B	1.5B	1.8B	1.3B	91.2B	95.8B
Total Stockholder Equity	1.1B	1.5B	1.8B	1.3B	1.2B	736.1M
Retained Earnings	452.8M	742.4M	884.8M	373.4M	382.9M	402.0M
Cash	88.8M	72.9M	74.6M	80.4M	42.3M	43.2M
Total Liab	961K	1.2M	1.6M	1.5M	90.0B	94.5B
Common Stock	16.8M	16.4M	16.2M	15.5M	14.0M	15.4M
Common Stock Shares Outstanding	69.5M	68.1M	66.6M	65.0M	59.3M	61.9M
Net Debt	(88.8M)	(72.9M)	(74.6M)	(80.4M)	(42.3M)	(40.2M)
Non Current Assets Total	1.0B	1.4B	1.7B	1.2B	1.2B	777.1M
Non Currrent Assets Other	(1.0B)	(1.4B)	(1.7B)	(1.2B)	(90B)	(85.5B)
Common Stock Total Equity	17.6M	17.2M	16.8M	16.4M	14.8M	15.7M
Liabilities And Stockholders Equity	1.1B	1.5B	1.8B	1.3B	91.2B	95.8B
Non Current Liabilities Total	961K	1.2M	1.6M	1.5M	1.2M	1.1M
Other Assets	67K	1.5B	101K	1.3B	90B	94.5B
Cash And Short Term Investments	88.8M	72.9M	74.6M	80.4M	42.3M	48.8M
Net Receivables	2.0M	1.5M	4.4M	1.3M	3.9M	3.2M
Total Current Assets	90.8M	74.4M	78.9M	81.8M	46.3M	52.0M
Other Current Liab	961K	1.2M	1.2M	1.5M	1.2M	1.2M
Total Current Liabilities	961K	1.2M	1.6M	1.5M	1.2M	1.1M
Inventory	1.0	(1.5M)	(4.4M)	(1.3M)	(4.0M)	(3.8M)
Other Current Assets	597.0K	80K	4.4M	1.3M	4.0M	4.2M
Accumulated Other Comprehensive Income	579.5M	670.8M	786.2M	842.4M	775.1M	710.8M
Net Tangible Assets	1.1B	1.5B	1.8B	1.3B	1.5B	1.2B
Long Term Investments	1.0B	1.4B	1.7B	1.2B	91.2B	95.8B
Capital Stock	16.8M	16.4M	16.2M	15.5M	14.0M	12.8M

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.

TITAN	Titan Company Limited
U	Unity Software
PAYC	Paycom Soft

Other Information on Investing in Herald Stock

Balance Sheet is a snapshot of the financial position of Herald Investment Trust at a specified time, usually calculated after every quarter, six months, or one year. Herald Investment Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Herald Investment and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Herald currently owns. An asset can also be divided into two categories, current and non-current.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

Herald Net Debt vs Inventory Analysis

Net Debt vs Inventory

Net Debt vs Inventory Correlation Analysis

Correlation Coefficient

Net Debt

Inventory

Herald Investment fundamental ratios Correlations

Herald Investment Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Herald Investment fundamental ratios Accounts

Also Currently Popular

Other Information on Investing in Herald Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Liab	+ 1.0	Total Assets
Other Assets	+ 1.0	Total Assets
Non Current Assets Total	+ 1.0	Total Stockholder Equity
Other Assets	+ 1.0	Total Liab
Common Stock Shares Outstanding	+ 0.99	Common Stock
Common Stock Total Equity	+ 0.99	Common Stock Shares Outstanding

Other Current Assets	- 1.0	Inventory
Other Assets	- 1.0	Non Currrent Assets Other
Non Currrent Assets Other	- 1.0	Total Liab
Non Currrent Assets Other	- 1.0	Total Assets
Total Current Liabilities	- 0.99	Other Current Liab
Other Assets	- 0.95	Short Term Investments