L3Harris Technologies Number Of Employees vs. EBITDA

0L3H Stock   241.64  1.39  0.58%   
Based on L3Harris Technologies' profitability indicators, L3Harris Technologies may not be well positioned to generate adequate gross income at this time. It has a very high probability of underperforming in January. Profitability indicators assess L3Harris Technologies' ability to earn profits and add value for shareholders.
For L3Harris Technologies profitability analysis, we use financial ratios and fundamental drivers that measure the ability of L3Harris Technologies to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well L3Harris Technologies utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between L3Harris Technologies's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of L3Harris Technologies over time as well as its relative position and ranking within its peers.
  
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Please note, there is a significant difference between L3Harris Technologies' value and its price as these two are different measures arrived at by different means. Investors typically determine if L3Harris Technologies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, L3Harris Technologies' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

L3Harris Technologies EBITDA vs. Number Of Employees Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining L3Harris Technologies's current stock value. Our valuation model uses many indicators to compare L3Harris Technologies value to that of its competitors to determine the firm's financial worth.
L3Harris Technologies is number one stock in number of employees category among its peers. It also is number one stock in ebitda category among its peers totaling about  58,640  of EBITDA per Number Of Employees. At this time, L3Harris Technologies' EBITDA is comparatively stable compared to the past year. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the L3Harris Technologies' earnings, one of the primary drivers of an investment's value.

L3Harris Number Of Employees vs. Competition

L3Harris Technologies is number one stock in number of employees category among its peers. The total workforce of Industrials industry is presently estimated at about 65,880. L3Harris Technologies totals roughly 50,000 in number of employees claiming about 76% of equities under Industrials industry.

L3Harris EBITDA vs. Number Of Employees

Number of Employees shows the total number of permanent full time and part time employees working for a given company and processed through its payroll.

L3Harris Technologies

Number of Employees

 = 

Full Time

+

Part Time

 = 
50 K
Employee typically refers to an individual working under a contract of employment, whether oral or written, express or implied, and has recognized his or her rights and duties. Most officers of corporations are included as employees and contractors are generally excluded.
EBITDA stands for earnings before interest, taxes, depreciation, and amortization. It is a measure of a company operating cash flow based on data from the company income statement and is a very good way to compare companies within industries or across different sectors. However, unlike Operating Cash Flow, EBITDA does not include the effects of changes in working capital.

L3Harris Technologies

EBITDA

 = 

Revenue

-

Basic Expenses

 = 
2.93 B
In a nutshell, EBITDA is calculated by adding back each of the excluded items to the post-tax profit, and can be used to compare companies with very different capital structures.

L3Harris EBITDA Comparison

L3Harris Technologies is currently under evaluation in ebitda category among its peers.

L3Harris Technologies Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in L3Harris Technologies, profitability is also one of the essential criteria for including it into their portfolios because, without profit, L3Harris Technologies will eventually generate negative long term returns. The profitability progress is the general direction of L3Harris Technologies' change in net profit over the period of time. It can combine multiple indicators of L3Harris Technologies, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
Last ReportedProjected for Next Year
Accumulated Other Comprehensive Income-146 M-153.3 M
Operating Income2.6 B2.7 B
Income Before Tax2.3 B2.4 B
Total Other Income Expense Net174 M182.7 M
Net Income1.2 B1.3 B
Income Tax Expense440 M462 M
Interest Income304.8 M222.8 M
Net Income Applicable To Common Shares2.1 B1.4 B
Change To Netincome-289.8 M-275.3 M

L3Harris Profitability Driver Comparison

Profitability drivers are factors that can directly affect your investment outlook on L3Harris Technologies. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of L3Harris Technologies position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the L3Harris Technologies' important profitability drivers and their relationship over time.

Use L3Harris Technologies in pair-trading

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if L3Harris Technologies position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in L3Harris Technologies will appreciate offsetting losses from the drop in the long position's value.

L3Harris Technologies Pair Trading

L3Harris Technologies Pair Trading Analysis

The ability to find closely correlated positions to L3Harris Technologies could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace L3Harris Technologies when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back L3Harris Technologies - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling L3Harris Technologies to buy it.
The correlation of L3Harris Technologies is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as L3Harris Technologies moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if L3Harris Technologies moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for L3Harris Technologies can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Use Investing Themes to Complement your L3Harris Technologies position

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Health Management
Health Management Theme
Major hospitals and healthcare providers. The Health Management theme has 46 constituents at this time.
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Additional Tools for L3Harris Stock Analysis

When running L3Harris Technologies' price analysis, check to measure L3Harris Technologies' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy L3Harris Technologies is operating at the current time. Most of L3Harris Technologies' value examination focuses on studying past and present price action to predict the probability of L3Harris Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move L3Harris Technologies' price. Additionally, you may evaluate how the addition of L3Harris Technologies to your portfolios can decrease your overall portfolio volatility.