Home Investments vs Property Plant and Equipment Net Analysis
HD Stock | USD 332.89 0.06 0.02% |
Home Depot financial indicator trend analysis is much more than just examining Home Depot latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Home Depot is a good investment. Please check the relationship between Home Depot Investments and its Property Plant And Equipment Net accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Home Depot. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in unemployment. For information on how to trade Home Stock refer to our How to Trade Home Stock guide.
Investments vs Property Plant And Equipment Net
Investments vs Property Plant and Equipment Net Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Home Depot Investments account and Property Plant and Equipment Net. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Home Depot's Investments and Property Plant and Equipment Net is -0.44. Overlapping area represents the amount of variation of Investments that can explain the historical movement of Property Plant and Equipment Net in the same time period over historical financial statements of Home Depot, assuming nothing else is changed. The correlation between historical values of Home Depot's Investments and Property Plant and Equipment Net is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Investments of Home Depot are associated (or correlated) with its Property Plant and Equipment Net. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant and Equipment Net has no effect on the direction of Investments i.e., Home Depot's Investments and Property Plant and Equipment Net go up and down completely randomly.
Correlation Coefficient | -0.44 |
Relationship Direction | Negative |
Relationship Strength | Very Weak |
Investments
Securities or assets acquired for generating income or appreciating in value, not used in daily operations.Property Plant And Equipment Net
The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.Most indicators from Home Depot's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Home Depot 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 Home Depot. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in unemployment. For information on how to trade Home Stock refer to our How to Trade Home Stock guide.At present, Home Depot's Issuance Of Capital Stock is projected to increase significantly based on the last few years of reporting. The current year's Sales General And Administrative To Revenue is expected to grow to 0.21, whereas Discontinued Operations is forecasted to decline to about 32.8 M.
2022 | 2023 | 2024 (projected) | Interest Expense | 1.6B | 1.9B | 2.0B | Depreciation And Amortization | 3.0B | 3.2B | 3.4B |
Home Depot fundamental ratios Correlations
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Home Depot Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Home Depot fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 51.2B | 70.6B | 71.9B | 76.4B | 76.5B | 80.4B | |
Short Long Term Debt Total | 37.4B | 43.4B | 46.3B | 50.4B | 52.2B | 54.9B | |
Other Current Liab | 4.8B | 6.5B | 7.3B | 6.4B | 6.8B | 7.1B | |
Total Current Liabilities | 18.4B | 23.2B | 28.7B | 23.1B | 22.0B | 23.1B | |
Total Stockholder Equity | (3.1B) | 3.3B | (1.7B) | 1.6B | 1.0B | 991.8M | |
Property Plant And Equipment Net | 28.4B | 30.7B | 31.2B | 32.6B | 34.0B | 17.8B | |
Net Debt | 35.2B | 35.5B | 43.9B | 47.6B | 48.5B | 50.9B | |
Retained Earnings | 51.7B | 58.1B | 67.6B | 76.9B | 83.7B | 87.8B | |
Cash | 2.1B | 7.9B | 2.3B | 2.8B | 3.8B | 3.9B | |
Non Current Assets Total | 31.4B | 42.1B | 42.8B | 44.0B | 46.8B | 49.1B | |
Non Currrent Assets Other | 807M | 4.3B | 3.8B | 2.9B | 1.2B | 760.1M | |
Cash And Short Term Investments | 2.1B | 7.9B | 2.3B | 2.8B | 3.8B | 3.9B | |
Net Receivables | 2.1B | 3.0B | 3.4B | 3.3B | 3.3B | 3.5B | |
Common Stock Shares Outstanding | 1.1B | 1.1B | 1.1B | 1.0B | 1.0B | 1.4B | |
Liabilities And Stockholders Equity | 51.2B | 70.6B | 71.9B | 76.4B | 76.5B | 80.4B | |
Non Current Liabilities Total | 36.0B | 44.1B | 44.9B | 51.8B | 53.5B | 56.1B | |
Inventory | 14.5B | 16.6B | 22.1B | 24.9B | 21.0B | 22.0B | |
Other Stockholder Equity | (54.2B) | (54.3B) | (68.7B) | (74.7B) | (82.2B) | (78.1B) | |
Total Liab | 54.4B | 67.3B | 73.6B | 74.9B | 75.5B | 79.3B | |
Total Current Assets | 19.8B | 28.5B | 29.1B | 32.5B | 29.8B | 31.3B | |
Short Term Debt | 3.6B | 2.2B | 4.3B | 2.2B | 2.4B | 2.5B | |
Accounts Payable | 7.8B | 11.6B | 13.5B | 11.4B | 10.0B | 5.3B | |
Good Will | 2.3B | 7.1B | 7.4B | 7.4B | 8.5B | 8.9B | |
Property Plant And Equipment Gross | 22.8B | 30.7B | 31.2B | 32.6B | 61.1B | 64.2B | |
Accumulated Other Comprehensive Income | (739M) | (671M) | (704M) | (718M) | (477M) | (453.2M) | |
Other Liab | 2.2B | 2.9B | 2.9B | 3.6B | 4.1B | 4.3B | |
Other Assets | 807M | 527M | 4.2B | 4.0B | 4.6B | 4.8B | |
Long Term Debt | 28.7B | 35.8B | 36.6B | 42.0B | 42.7B | 44.9B | |
Property Plant Equipment | 28.4B | 30.7B | 31.2B | 32.6B | 37.5B | 25.7B | |
Current Deferred Revenue | 2.1B | 2.8B | 3.6B | 3.1B | 2.8B | 1.9B | |
Treasury Stock | (65.2B) | (65.8B) | (80.8B) | (87.3B) | (78.6B) | (74.6B) | |
Net Tangible Assets | (5.4B) | (7.4B) | (9.1B) | (5.9B) | (5.3B) | (5.0B) | |
Retained Earnings Total Equity | 46.4B | 51.7B | 67.6B | 76.9B | 88.4B | 92.9B | |
Long Term Debt Total | 28.7B | 35.8B | 36.6B | 42.0B | 48.3B | 24.7B | |
Capital Surpluse | 11.0B | 11.5B | 12.1B | 12.6B | 14.5B | 10.5B |
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Try AI Portfolio ArchitectCheck out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Home Depot. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in unemployment. For information on how to trade Home Stock refer to our How to Trade Home Stock guide.Note that the Home Depot information on this page should be used as a complementary analysis to other Home Depot's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.
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When running Home Depot's price analysis, check to measure Home Depot's 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 Home Depot is operating at the current time. Most of Home Depot's value examination focuses on studying past and present price action to predict the probability of Home Depot's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Home Depot's price. Additionally, you may evaluate how the addition of Home Depot to your portfolios can decrease your overall portfolio volatility.
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Is Home Depot's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Home Depot. If investors know Home will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Home Depot listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.15) | Dividend Share 8.52 | Earnings Share 15.11 | Revenue Per Share 152.822 | Quarterly Revenue Growth (0.03) |
The market value of Home Depot is measured differently than its book value, which is the value of Home that is recorded on the company's balance sheet. Investors also form their own opinion of Home Depot's value that differs from its market value or its book value, called intrinsic value, which is Home Depot's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Home Depot's market value can be influenced by many factors that don't directly affect Home Depot's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Home Depot's value and its price as these two are different measures arrived at by different means. Investors typically determine if Home Depot is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Home Depot's 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.