Helios Cash And Short Term Investments vs Other Current Liab Analysis

HTWS Stock   94.00  1.10  1.16%   
Helios Towers financial indicator trend analysis is much more than just examining Helios Towers Plc latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Helios Towers Plc is a good investment. Please check the relationship between Helios Towers Cash And Short Term Investments and its Other Current Liab accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Helios Towers 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 board of governors.

Cash And Short Term Investments vs Other Current Liab

Cash And Short Term Investments vs Other Current Liab Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Helios Towers Plc Cash And Short Term Investments account and Other Current Liab. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Helios Towers' Cash And Short Term Investments and Other Current Liab is -0.11. Overlapping area represents the amount of variation of Cash And Short Term Investments that can explain the historical movement of Other Current Liab in the same time period over historical financial statements of Helios Towers Plc, assuming nothing else is changed. The correlation between historical values of Helios Towers' Cash And Short Term Investments and Other Current Liab is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash And Short Term Investments of Helios Towers Plc are associated (or correlated) with its Other Current Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Liab has no effect on the direction of Cash And Short Term Investments i.e., Helios Towers' Cash And Short Term Investments and Other Current Liab go up and down completely randomly.

Correlation Coefficient

-0.11
Relationship DirectionNegative 
Relationship StrengthInsignificant

Cash And Short Term Investments

Short Term Investments is an account in the current assets section of Helios Towers Plc balance sheet. This account contains Helios Towers investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Helios Towers Plc fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.

Other Current Liab

Most indicators from Helios Towers' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Helios Towers 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 Helios Towers 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 board of governors.
Selling General Administrative is likely to gain to about 88.1 M in 2024, despite the fact that Tax Provision is likely to grow to (380 K).
 2022 2023 2024 (projected)
Depreciation And Amortization178.5M219M174.9M
Interest Income1.8M1.3M986.3K

Helios Towers fundamental ratios Correlations

0.980.330.36-0.79-0.90.890.790.940.650.770.280.950.340.190.970.280.83-0.82-0.120.950.97-0.580.98-0.410.96
0.980.150.19-0.88-0.930.880.720.970.650.70.280.930.420.271.00.280.79-0.85-0.250.981.0-0.620.97-0.560.93
0.330.150.940.17-0.110.380.460.19-0.020.51-0.110.37-0.42-0.490.1-0.110.540.030.580.080.120.170.320.630.43
0.360.190.940.07-0.190.430.60.260.110.66-0.220.43-0.42-0.510.14-0.220.67-0.090.530.110.17-0.050.370.570.51
-0.79-0.880.170.070.94-0.75-0.49-0.87-0.56-0.53-0.11-0.77-0.47-0.25-0.89-0.11-0.630.830.39-0.85-0.890.66-0.820.77-0.76
-0.9-0.93-0.11-0.190.94-0.9-0.64-0.95-0.54-0.73-0.03-0.91-0.27-0.06-0.93-0.03-0.760.80.23-0.87-0.930.58-0.940.56-0.87
0.890.880.380.43-0.75-0.90.710.950.310.86-0.160.99-0.04-0.220.85-0.160.89-0.58-0.090.80.86-0.370.95-0.260.9
0.790.720.460.6-0.49-0.640.710.720.70.870.150.770.220.110.70.150.85-0.710.070.680.71-0.650.77-0.140.87
0.940.970.190.26-0.87-0.950.950.720.50.810.040.980.210.050.960.040.85-0.74-0.230.920.96-0.530.98-0.460.93
0.650.65-0.020.11-0.56-0.540.310.70.50.40.650.440.750.670.660.650.43-0.93-0.160.680.66-0.90.55-0.530.62
0.770.70.510.66-0.53-0.730.860.870.810.4-0.250.88-0.16-0.290.67-0.250.89-0.530.110.60.69-0.430.820.030.85
0.280.28-0.11-0.22-0.11-0.03-0.160.150.040.65-0.25-0.030.810.880.321.0-0.11-0.49-0.150.410.3-0.40.12-0.40.15
0.950.930.370.43-0.77-0.910.990.770.980.440.88-0.030.07-0.090.91-0.030.89-0.67-0.10.860.92-0.450.98-0.290.95
0.340.42-0.42-0.42-0.47-0.27-0.040.220.210.75-0.160.810.070.950.460.810.0-0.7-0.330.520.44-0.610.22-0.750.25
0.190.27-0.49-0.51-0.25-0.06-0.220.110.050.67-0.290.88-0.090.950.310.88-0.18-0.54-0.350.40.29-0.510.06-0.640.08
0.971.00.10.14-0.89-0.930.850.70.960.660.670.320.910.460.310.320.75-0.87-0.280.991.0-0.640.96-0.60.91
0.280.28-0.11-0.22-0.11-0.03-0.160.150.040.65-0.251.0-0.030.810.880.32-0.11-0.49-0.150.410.3-0.40.12-0.40.15
0.830.790.540.67-0.63-0.760.890.850.850.430.89-0.110.890.0-0.180.75-0.11-0.60.040.730.77-0.50.88-0.140.94
-0.82-0.850.03-0.090.830.8-0.58-0.71-0.74-0.93-0.53-0.49-0.67-0.7-0.54-0.87-0.49-0.60.26-0.86-0.860.89-0.770.68-0.79
-0.12-0.250.580.530.390.23-0.090.07-0.23-0.160.11-0.15-0.1-0.33-0.35-0.28-0.150.040.26-0.31-0.270.33-0.150.62-0.05
0.950.980.080.11-0.85-0.870.80.680.920.680.60.410.860.520.40.990.410.73-0.86-0.310.99-0.640.93-0.620.89
0.971.00.120.17-0.89-0.930.860.710.960.660.690.30.920.440.291.00.30.77-0.86-0.270.99-0.630.97-0.580.92
-0.58-0.620.17-0.050.660.58-0.37-0.65-0.53-0.9-0.43-0.4-0.45-0.61-0.51-0.64-0.4-0.50.890.33-0.64-0.63-0.550.65-0.6
0.980.970.320.37-0.82-0.940.950.770.980.550.820.120.980.220.060.960.120.88-0.77-0.150.930.97-0.55-0.40.97
-0.41-0.560.630.570.770.56-0.26-0.14-0.46-0.530.03-0.4-0.29-0.75-0.64-0.6-0.4-0.140.680.62-0.62-0.580.65-0.4-0.33
0.960.930.430.51-0.76-0.870.90.870.930.620.850.150.950.250.080.910.150.94-0.79-0.050.890.92-0.60.97-0.33
Click cells to compare fundamentals

Helios Towers Account Relationship Matchups

Helios Towers fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.2B1.4B1.9B2.1B2.2B1.7B
Short Long Term Debt Total809.9M1.1B1.5B1.8B1.9B1.2B
Other Current Liab139.7M130.2M214M194.2M242.7M188.6M
Total Current Liabilities266.9M200.8M284.8M298.7M374.9M288.9M
Total Stockholder Equity175.9M130.3M168M8.3M(68.3M)(64.9M)
Net Tangible Assets147.5M107.1M(59.3M)(575.2M)(517.7M)(491.8M)
Property Plant And Equipment Net740.1M703.9M879.8M1.1B1.2B959.2M
Current Deferred Revenue196.8M157.9M172M236.9M272.4M163.7M
Net Debt588.8M692.4M948.5M1.7B1.8B1.0B
Retained Earnings317.6M280.3M153.3M(5.1M)(105.2M)(110.5M)
Accounts Payable17.9M12.7M13.5M32M31.3M19.7M
Cash221.1M428.7M528.9M119.6M106.6M101.3M
Non Current Assets Total809.5M815.9M1.2B1.7B1.7B1.2B
Non Currrent Assets Other41M88.8M57.7M2.8M19.9M33.4M
Other Assets41M88.8M57.7M2.8M3.2M3.1M
Long Term Debt665.1M986.8M1.3B1.6B1.6B1.1B
Cash And Short Term Investments221.1M428.7M528.9M119.6M106.6M101.3M
Net Receivables122.7M82.2M124.3M166.3M248.9M137.2M
Good Will4.2M4.9M17.8M51.1M40.7M42.7M
Common Stock Shares Outstanding885M927.5M1.0B1.0B1.0B1.1B
Long Term Debt Total709.5M769.3M1.1B1.4B1.7B939.3M
Liabilities And Stockholders Equity1.2B1.4B1.9B2.1B2.2B1.7B
Non Current Liabilities Total778.3M1.1B1.5B1.8B1.9B1.2B
Capital Lease Obligations125.6M131.7M181.9M226M239.4M171.9M
Inventory9.3M9M10.5M14.6M12.7M9.5M
Other Current Assets180.6M176.9M234.8M273.8M339.8M220.5M
Other Stockholder Equity591.8M(304.6M)(323.3M)104.5M103.8M109.2M
Total Liab1.0B1.3B1.8B2.1B2.2B1.5B
Property Plant And Equipment Gross740.1M703.9M1.7B2.1B2.4B1.4B
Short Long Term Debt19.2M2.6M2.8M19.9M37.7M39.6M
Total Current Assets411M614.6M769.3M426.7M459.1M475.8M
Accumulated Other Comprehensive Income(150.1M)(160.5M)(103.3M)(104.6M)(80.4M)(84.4M)
Short Term Debt40.6M26.1M35.8M54M73.2M53.0M
Intangible Assets24.2M18.3M209.5M532.4M505.7M531.0M
Property Plant Equipment740.1M703.9M879.8M1.1B1.3B913.7M
Net Invested Capital860.2M1.1B1.5B1.6B1.6B1.3B

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