Hess Long Term Investments vs Net Receivables Analysis
HES Stock | USD 157.49 5.64 3.46% |
Hess financial indicator trend analysis is much more than just examining Hess latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Hess is a good investment. Please check the relationship between Hess Long Term Investments and its Net Receivables accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Hess Corporation. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income.
Long Term Investments vs Net Receivables
Long Term Investments vs Net Receivables Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Hess Long Term Investments account and Net Receivables. At this time, the significance of the direction appears to have strong relationship.
The correlation between Hess' Long Term Investments and Net Receivables is 0.68. Overlapping area represents the amount of variation of Long Term Investments that can explain the historical movement of Net Receivables in the same time period over historical financial statements of Hess Corporation, assuming nothing else is changed. The correlation between historical values of Hess' Long Term Investments and Net Receivables is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Long Term Investments of Hess Corporation are associated (or correlated) with its Net Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Receivables has no effect on the direction of Long Term Investments i.e., Hess' Long Term Investments and Net Receivables go up and down completely randomly.
Correlation Coefficient | 0.68 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Long Term Investments
Long Term Investments is an item on the asset side of Hess balance sheet that represents investments Hess intends to hold for over a year. Hess Corporation long term investments may include different instruments such as stocks, bonds, real estate and cash.Net Receivables
Most indicators from Hess' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Hess 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 Hess Corporation. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income. At this time, Hess' Tax Provision is comparatively stable compared to the past year. Sales General And Administrative To Revenue is likely to gain to 0.06 in 2024, despite the fact that Discontinued Operations is likely to grow to (41 M).
2021 | 2022 | 2023 | 2024 (projected) | Total Operating Expenses | 2.5B | 3.9B | 527M | 500.7M | Cost Of Revenue | 2.9B | 3.4B | 7.1B | 11.1B |
Hess fundamental ratios Correlations
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Hess Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Hess fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 21.8B | 18.8B | 20.5B | 21.7B | 24.0B | 20.3B | |
Short Long Term Debt Total | 7.9B | 9.1B | 9.1B | 9.2B | 9.6B | 5.1B | |
Other Current Liab | 2.3B | 1.5B | 2.5B | 1.6B | 2.6B | 2.3B | |
Total Current Liabilities | 2.5B | 1.6B | 3.1B | 2.3B | 3.3B | 3.8B | |
Total Stockholder Equity | 8.7B | 5.4B | 6.3B | 8.0B | 9.0B | 8.8B | |
Property Plant And Equipment Net | 17.6B | 14.7B | 14.7B | 15.8B | 18.3B | 13.4B | |
Net Debt | 6.4B | 7.3B | 6.4B | 6.7B | 7.9B | 4.1B | |
Retained Earnings | 3.5B | 130M | 379M | 1.5B | 2.3B | 2.2B | |
Cash | 1.5B | 1.7B | 2.7B | 2.5B | 1.7B | 1.1B | |
Non Current Assets Total | 18.6B | 15.7B | 16.2B | 17.8B | 20.6B | 15.8B | |
Non Currrent Assets Other | 1.1B | 1.0B | 1.5B | 1.5B | 2.3B | 2.4B | |
Cash And Short Term Investments | 1.5B | 1.7B | 2.7B | 2.5B | 1.7B | 1.1B | |
Net Receivables | 1.2B | 860M | 1.2B | 1.2B | 1.3B | 2.1B | |
Common Stock Shares Outstanding | 301.2M | 304.8M | 309.3M | 309.6M | 307.6M | 318.7M | |
Liabilities And Stockholders Equity | 21.8B | 18.8B | 20.5B | 21.7B | 24.0B | 20.3B | |
Non Current Liabilities Total | 9.6B | 10.9B | 10.4B | 10.8B | 11.1B | 7.5B | |
Inventory | 261M | 378M | 223M | 217M | 304M | 288.8M | |
Other Current Assets | 1.6B | 1.3B | 1.6B | 1.4B | 108M | 102.6M | |
Other Stockholder Equity | 5.6B | 5.7B | 6.0B | 6.3B | 6.5B | 6.8B | |
Total Liab | 12.1B | 12.5B | 13.5B | 13.1B | 14.4B | 11.3B | |
Total Current Assets | 3.2B | 3.1B | 4.3B | 3.9B | 3.4B | 4.5B | |
Short Term Debt | 199M | 91M | 606M | 224M | 681M | 715.1M | |
Accounts Payable | 411M | 200M | 220M | 285M | 402M | 381.9M | |
Accumulated Other Comprehensive Income | (699M) | (755M) | (406M) | (131M) | (134M) | (140.7M) | |
Common Stock | 291M | 305M | 307M | 310M | 306M | 291.7M | |
Current Deferred Revenue | (411M) | (200M) | (220M) | 133M | (402M) | (422.1M) | |
Common Stock Total Equity | 305M | 307M | 310M | 306M | 351.9M | 241.0M | |
Property Plant And Equipment Gross | 17.6B | 14.7B | 31.2B | 32.6B | 37.6B | 39.5B | |
Other Liab | 1.8B | 1.9B | 1.9B | 1.9B | 2.2B | 2.4B | |
Other Assets | 705M | 1.3B | 1.5B | 2.0B | 2.3B | 1.8B | |
Long Term Debt | 7.1B | 8.3B | 7.9B | 8.3B | 8.3B | 6.2B | |
Property Plant Equipment | 16.8B | 14.1B | 14.7B | 15.8B | 18.2B | 18.2B | |
Noncontrolling Interest In Consolidated Entity | 974M | 969M | 726M | 641M | 737.2M | 656.5M | |
Retained Earnings Total Equity | 3.5B | 130M | 379M | 1.5B | 1.3B | 1.3B | |
Deferred Long Term Liab | 415M | 342M | 383M | 418M | 376.2M | 357.4M |
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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 Hess Corporation. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income. Note that the Hess information on this page should be used as a complementary analysis to other Hess' 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 Sync Your Broker module to sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors..
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Is Hess' 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 Hess. If investors know Hess 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 Hess 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 1.794 | Dividend Share 1.75 | Earnings Share 6.51 | Revenue Per Share 36.546 | Quarterly Revenue Growth 0.377 |
The market value of Hess is measured differently than its book value, which is the value of Hess that is recorded on the company's balance sheet. Investors also form their own opinion of Hess' value that differs from its market value or its book value, called intrinsic value, which is Hess' 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 Hess' market value can be influenced by many factors that don't directly affect Hess' 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 Hess' value and its price as these two are different measures arrived at by different means. Investors typically determine if Hess is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Hess' 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.