Heroux Short Long Term Debt Total vs Inventory Analysis
HRX Stock | CAD 31.86 0.14 0.44% |
Heroux Devtek financial indicator trend analysis is much more than just examining Heroux Devtek latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Heroux Devtek is a good investment. Please check the relationship between Heroux Devtek Short Long Term Debt Total and its Inventory accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Heroux Devtek. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
Short Long Term Debt Total vs Inventory
Short Long Term Debt Total vs Inventory Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Heroux Devtek Short Long Term Debt Total account and Inventory. At this time, the significance of the direction appears to have strong relationship.
The correlation between Heroux Devtek's Short Long Term Debt Total and Inventory is 0.6. Overlapping area represents the amount of variation of Short Long Term Debt Total that can explain the historical movement of Inventory in the same time period over historical financial statements of Heroux Devtek, assuming nothing else is changed. The correlation between historical values of Heroux Devtek's Short Long Term Debt Total 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 Short Long Term Debt Total of Heroux Devtek 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 Short Long Term Debt Total i.e., Heroux Devtek's Short Long Term Debt Total and Inventory go up and down completely randomly.
Correlation Coefficient | 0.6 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Short Long Term Debt Total
Inventory
Most indicators from Heroux Devtek's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Heroux Devtek 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 Heroux Devtek. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. As of the 4th of December 2024, Enterprise Value is likely to grow to about 872.7 M, while Selling General Administrative is likely to drop about 29.7 M.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 91.1M | 73.5M | 111.1M | 63.1M | Total Revenue | 536.1M | 543.6M | 629.8M | 373.2M |
Heroux Devtek fundamental ratios Correlations
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Heroux Devtek Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Heroux Devtek fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 898.8M | 853.3M | 813.4M | 821.3M | 911.4M | 518.4M | |
Short Long Term Debt Total | 289.6M | 250.7M | 236.5M | 177.9M | 218.0M | 128.7M | |
Other Current Liab | 82.9M | 77.6M | 66.6M | 63.6M | 71.0M | 45.8M | |
Total Current Liabilities | 216.6M | 193.4M | 179.8M | 223.9M | 240.9M | 124.0M | |
Total Stockholder Equity | 347.9M | 390.5M | 377.3M | 390.9M | 429.6M | 249.7M | |
Property Plant And Equipment Net | 259.6M | 227.6M | 208.8M | 205.5M | 200.5M | 146.9M | |
Net Debt | 243.8M | 155.2M | 149.8M | 162.9M | 208.3M | 218.7M | |
Retained Earnings | 255.2M | 282.8M | 282.5M | 289.6M | 323.0M | 163.3M | |
Accounts Payable | 80.6M | 57.5M | 71.6M | 89.5M | 87.0M | 53.8M | |
Cash | 45.8M | 95.5M | 86.7M | 15.0M | 9.8M | 9.3M | |
Non Current Assets Total | 476.8M | 418.5M | 397.9M | 391.8M | 403.6M | 252.7M | |
Non Currrent Assets Other | 9.1M | 12.6M | 18.5M | (350.7M) | 7.8M | 8.2M | |
Cash And Short Term Investments | 45.8M | 95.5M | 86.7M | 15.0M | 9.8M | 9.3M | |
Net Receivables | 112.6M | 111.7M | 117.8M | 120.4M | 163.5M | 171.7M | |
Common Stock Shares Outstanding | 36.4M | 36.5M | 36.0M | 34.5M | 34.0M | 32.1M | |
Liabilities And Stockholders Equity | 898.8M | 853.3M | 813.4M | 821.3M | 911.4M | 518.4M | |
Non Current Liabilities Total | 332.8M | 268.2M | 256.3M | 206.5M | 240.8M | 144.5M | |
Inventory | 241.1M | 216.4M | 200.3M | 263.0M | 323.4M | 339.5M | |
Other Current Assets | 22.5M | 11.2M | 10.6M | 7.8M | 11.2M | 10.6M | |
Other Stockholder Equity | 5.8M | 5.1M | (364.7M) | 6.7M | 8.2M | 7.8M | |
Total Liab | 549.4M | 461.6M | 436.1M | 430.4M | 481.8M | 268.4M | |
Property Plant And Equipment Gross | 259.6M | 478.9M | 447.7M | 477.4M | 500.3M | 525.3M | |
Total Current Assets | 422.1M | 434.8M | 415.5M | 429.5M | 507.8M | 265.7M | |
Accumulated Other Comprehensive Income | 7.2M | 16.3M | 6.9M | 12.1M | 17.0M | 17.9M | |
Short Term Debt | 16.9M | 15.3M | 10.8M | 11.4M | 16.3M | 17.1M | |
Intangible Assets | 64.0M | 52.0M | 47.3M | 53.7M | 60.6M | 34.9M | |
Current Deferred Revenue | 34.9M | 40.9M | 29.9M | 58.9M | 64.5M | 67.7M | |
Good Will | 120.8M | 116.0M | 108.2M | 112.4M | 113.7M | 86.1M | |
Common Stock | 79.8M | 86.2M | 82.2M | 82.5M | 81.4M | 77.9M | |
Other Liab | 37.4M | 58.8M | 33.8M | 30.6M | 35.1M | 33.9M | |
Net Tangible Assets | 157.5M | 175.7M | 233.3M | 233.6M | 268.7M | 224.9M | |
Other Assets | 41.4M | 33.4M | 37.0M | 14.5M | 13.0M | 12.4M | |
Long Term Debt | 228.1M | 235.4M | 225.7M | 166.5M | 201.8M | 187.5M | |
Deferred Long Term Liab | 13.9M | 12.5M | 10.8M | 11.9M | 10.7M | 15.8M | |
Short Long Term Debt | 16.9M | 15.3M | 10.8M | 11.4M | 16.3M | 18.9M | |
Property Plant Equipment | 259.6M | 227.6M | 208.8M | 205.5M | 236.3M | 212.2M | |
Long Term Debt Total | 272.8M | 235.4M | 225.7M | 166.5M | 191.5M | 211.5M | |
Capital Surpluse | 5.8M | 5.1M | 5.8M | 6.7M | 7.7M | 5.4M |
Other Information on Investing in Heroux Stock
Balance Sheet is a snapshot of the financial position of Heroux Devtek at a specified time, usually calculated after every quarter, six months, or one year. Heroux Devtek Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Heroux Devtek 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 Heroux currently owns. An asset can also be divided into two categories, current and non-current.