Huntington Cash And Short Term Investments vs Non Currrent Assets Other Analysis

HBANL Stock  USD 25.95  0.01  0.04%   
Huntington Bancshares financial indicator trend analysis is much more than just examining Huntington Bancshares latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Huntington Bancshares is a good investment. Please check the relationship between Huntington Bancshares Cash And Short Term Investments and its Non Currrent Assets Other accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Huntington Bancshares Incorporated. 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 Non Currrent Assets Other

Cash And Short Term Investments vs Non Currrent Assets Other Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Huntington Bancshares Cash And Short Term Investments account and Non Currrent Assets Other. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Huntington Bancshares' Cash And Short Term Investments and Non Currrent Assets Other is -0.65. Overlapping area represents the amount of variation of Cash And Short Term Investments that can explain the historical movement of Non Currrent Assets Other in the same time period over historical financial statements of Huntington Bancshares Incorporated, assuming nothing else is changed. The correlation between historical values of Huntington Bancshares' Cash And Short Term Investments and Non Currrent Assets Other 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 Huntington Bancshares Incorporated are associated (or correlated) with its Non Currrent Assets Other. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Currrent Assets Other has no effect on the direction of Cash And Short Term Investments i.e., Huntington Bancshares' Cash And Short Term Investments and Non Currrent Assets Other go up and down completely randomly.

Correlation Coefficient

-0.65
Relationship DirectionNegative 
Relationship StrengthWeak

Cash And Short Term Investments

Short Term Investments is an account in the current assets section of Huntington Bancshares balance sheet. This account contains Huntington Bancshares investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Huntington Bancshares Incorporated 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.

Non Currrent Assets Other

Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.
Most indicators from Huntington Bancshares' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Huntington Bancshares 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 Huntington Bancshares Incorporated. 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.
At this time, Huntington Bancshares' Selling General Administrative is quite stable compared to the past year. Issuance Of Capital Stock is expected to rise to about 416.3 M this year, although the value of Tax Provision will most likely fall to about 389.4 M.
 2021 2022 2023 2024 (projected)
Operating Income1.6B3.8B2.4B2.5B
Other Operating Expenses4.4B91M115M109.3M

Huntington Bancshares fundamental ratios Correlations

0.930.60.26-0.240.930.80.040.710.760.18-0.790.870.550.870.570.970.930.3-0.19-0.71-0.360.830.40.72-0.75
0.930.580.32-0.291.00.78-0.080.890.880.21-0.880.930.620.930.630.961.00.32-0.25-0.46-0.490.960.410.79-0.84
0.60.58-0.430.360.570.690.70.530.270.32-0.520.490.250.360.180.520.580.290.49-0.46-0.420.460.450.82-0.26
0.260.32-0.43-0.840.320.03-0.820.30.59-0.17-0.190.340.360.440.530.310.320.08-0.99-0.080.130.33-0.27-0.18-0.56
-0.24-0.290.36-0.84-0.28-0.150.71-0.26-0.460.190.09-0.360.01-0.38-0.19-0.27-0.29-0.240.860.11-0.36-0.3-0.020.080.42
0.931.00.570.32-0.280.79-0.080.880.870.28-0.880.890.670.90.610.960.990.34-0.26-0.47-0.510.950.440.8-0.81
0.80.780.690.03-0.150.790.150.540.50.37-0.770.660.430.660.170.820.780.28-0.01-0.61-0.380.710.720.83-0.51
0.04-0.080.7-0.820.71-0.080.15-0.1-0.450.310.07-0.15-0.16-0.28-0.29-0.07-0.080.130.83-0.29-0.09-0.20.260.30.44
0.710.890.530.3-0.260.880.54-0.10.870.07-0.740.870.490.810.670.740.890.29-0.22-0.09-0.520.90.20.71-0.8
0.760.880.270.59-0.460.870.5-0.450.87-0.06-0.730.880.590.90.80.80.880.21-0.51-0.2-0.420.890.060.55-0.96
0.180.210.32-0.170.190.280.370.310.07-0.06-0.23-0.160.58-0.11-0.230.190.20.510.15-0.33-0.210.10.650.370.23
-0.79-0.88-0.52-0.190.09-0.88-0.770.07-0.74-0.73-0.23-0.8-0.65-0.82-0.43-0.86-0.880.080.140.360.76-0.88-0.53-0.720.76
0.870.930.490.34-0.360.890.66-0.150.870.88-0.16-0.80.350.960.660.890.930.12-0.26-0.34-0.420.920.230.68-0.91
0.550.620.250.360.010.670.43-0.160.490.590.58-0.650.350.480.550.60.610.22-0.31-0.35-0.550.560.210.41-0.49
0.870.930.360.44-0.380.90.66-0.280.810.9-0.11-0.820.960.480.720.930.930.12-0.37-0.35-0.410.950.20.61-0.92
0.570.630.180.53-0.190.610.17-0.290.670.8-0.23-0.430.660.550.720.590.630.17-0.42-0.13-0.260.64-0.430.27-0.77
0.970.960.520.31-0.270.960.82-0.070.740.80.19-0.860.890.60.930.590.960.28-0.24-0.6-0.420.910.430.74-0.79
0.931.00.580.32-0.290.990.78-0.080.890.880.2-0.880.930.610.930.630.960.31-0.25-0.46-0.490.960.410.79-0.85
0.30.320.290.08-0.240.340.280.130.290.210.510.080.120.220.120.170.280.31-0.07-0.270.370.230.220.390.0
-0.19-0.250.49-0.990.86-0.26-0.010.83-0.22-0.510.150.14-0.26-0.31-0.37-0.42-0.24-0.25-0.070.07-0.18-0.260.220.240.48
-0.71-0.46-0.46-0.080.11-0.47-0.61-0.29-0.09-0.2-0.330.36-0.34-0.35-0.35-0.13-0.6-0.46-0.270.07-0.03-0.23-0.42-0.350.22
-0.36-0.49-0.420.13-0.36-0.51-0.38-0.09-0.52-0.42-0.210.76-0.42-0.55-0.41-0.26-0.42-0.490.37-0.18-0.03-0.53-0.31-0.560.45
0.830.960.460.33-0.30.950.71-0.20.90.890.1-0.880.920.560.950.640.910.960.23-0.26-0.23-0.530.350.75-0.86
0.40.410.45-0.27-0.020.440.720.260.20.060.65-0.530.230.210.2-0.430.430.410.220.22-0.42-0.310.350.6-0.02
0.720.790.82-0.180.080.80.830.30.710.550.37-0.720.680.410.610.270.740.790.390.24-0.35-0.560.750.6-0.5
-0.75-0.84-0.26-0.560.42-0.81-0.510.44-0.8-0.960.230.76-0.91-0.49-0.92-0.77-0.79-0.850.00.480.220.45-0.86-0.02-0.5
Click cells to compare fundamentals

Huntington Bancshares Account Relationship Matchups

Huntington Bancshares fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding1.1B1.0B1.3B1.5B1.5B1.5B
Total Assets109.0B123.0B174.1B182.9B189.4B198.8B
Short Long Term Debt Total12.5B8.5B7.4B11.7B12.4B7.3B
Other Current Liab(2.6B)(183M)(334M)(2.0B)618M648.9M
Total Current Liabilities2.6B183M334M2.5K620M589M
Total Stockholder Equity11.8B13.0B19.3B17.7B19.4B20.3B
Property Plant And Equipment Net763M757M1.2B1.2B1.1B601.1M
Net Debt11.2B1.8B1.5B4.8B2.1B2.0B
Retained Earnings2.1B1.9B2.2B3.4B4.3B4.5B
Cash1.3B6.7B5.9B6.9B10.3B10.8B
Non Current Assets Total27.0B29.0B48.7B5.7K7.3B11.9B
Non Currrent Assets Other(27.0B)(29.0B)(48.7B)(48.8B)(41.2B)(39.2B)
Other Assets66.6B70.8B86.0B182.9B155.2B162.9B
Cash And Short Term Investments15.4B23.2B34.4B25.1K26.9B28.2B
Liabilities And Stockholders Equity109.0B123.0B174.1B182.9B189.4B198.8B
Non Current Liabilities Total9.8B8.4B7.1B112.1K169.4B177.8B
Other Stockholder Equity8.8B8.7B15.1B15.2B15.3B16.1B
Total Liab97.2B110.0B154.7B165.1B170.0B178.5B
Total Current Assets15.4B23.2B39.3B25.1K26.9B28.2B
Short Term Debt2.6B183M334M2.0B2M1.9M
Accumulated Other Comprehensive Income(256M)192M(229M)(3.1B)(2.7B)(2.5B)
Other Current Assets1.4B6.8B6.4B6.9B10.4B9.8B
Short Term Investments14.1B16.5B28.5B23.4B3.4B3.2B
Intangible Assets475M428M611M712M672M399.5M

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When determining whether Huntington Bancshares is a strong investment it is important to analyze Huntington Bancshares' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Huntington Bancshares' future performance. For an informed investment choice regarding Huntington Stock, refer to the following important reports:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Huntington Bancshares Incorporated. 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.
You can also try the Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.
Is Regional Banks space 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 Huntington Bancshares. If investors know Huntington 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 Huntington Bancshares 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
(0.06)
Dividend Share
0.62
Revenue Per Share
4.62
Quarterly Revenue Growth
(0.01)
Return On Assets
0.0087
The market value of Huntington Bancshares is measured differently than its book value, which is the value of Huntington that is recorded on the company's balance sheet. Investors also form their own opinion of Huntington Bancshares' value that differs from its market value or its book value, called intrinsic value, which is Huntington Bancshares' 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 Huntington Bancshares' market value can be influenced by many factors that don't directly affect Huntington Bancshares' 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 Huntington Bancshares' value and its price as these two are different measures arrived at by different means. Investors typically determine if Huntington Bancshares is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Huntington Bancshares' 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.