Honda Net Tangible Assets vs Property Plant Equipment Analysis
HMC Stock | USD 28.76 0.39 1.37% |
Honda financial indicator trend analysis is much more than just examining Honda Motor latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Honda Motor is a good investment. Please check the relationship between Honda Net Tangible Assets and its Property Plant Equipment accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Honda Motor Co. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.
Net Tangible Assets vs Property Plant Equipment
Net Tangible Assets vs Property Plant Equipment Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Honda Motor Net Tangible Assets account and Property Plant Equipment. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Honda's Net Tangible Assets and Property Plant Equipment is 0.59. Overlapping area represents the amount of variation of Net Tangible Assets that can explain the historical movement of Property Plant Equipment in the same time period over historical financial statements of Honda Motor Co, assuming nothing else is changed. The correlation between historical values of Honda's Net Tangible Assets and Property Plant Equipment is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Tangible Assets of Honda Motor Co are associated (or correlated) with its Property Plant Equipment. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant Equipment has no effect on the direction of Net Tangible Assets i.e., Honda's Net Tangible Assets and Property Plant Equipment go up and down completely randomly.
Correlation Coefficient | 0.59 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Net Tangible Assets
The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.Property Plant Equipment
Most indicators from Honda's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Honda Motor 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 Honda Motor Co. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population. The current year's Enterprise Value is expected to grow to about 9.9 T, whereas Selling General Administrative is forecasted to decline to about 1.5 T.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 3.0T | 3.3T | 4.3T | 2.5T | Total Revenue | 14.6T | 16.9T | 20.4T | 21.5T |
Honda fundamental ratios Correlations
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Honda Account Relationship Matchups
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Honda fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 20.5T | 21.9T | 24.0T | 24.7T | 29.8T | 31.3T | |
Short Long Term Debt Total | 7.8T | 7.7T | 8.1T | 7.7T | 10.1T | 10.6T | |
Other Current Liab | 802.5B | 1.5T | 1.5T | 1.8T | 2.5T | 2.7T | |
Total Current Liabilities | 5.8T | 5.7T | 6.0T | 6.6T | 8.3T | 8.7T | |
Total Stockholder Equity | 8.0T | 9.1T | 10.5T | 11.2T | 12.7T | 13.3T | |
Property Plant And Equipment Net | 7.7T | 7.9T | 8.2T | 7.9T | 8.4T | 8.9T | |
Net Debt | 4.8T | 5.0T | 4.4T | 3.9T | 5.1T | 2.7T | |
Retained Earnings | 8.1T | 8.9T | 9.5T | 10.0T | 10.6T | 11.2T | |
Cash | 2.7T | 2.8T | 3.7T | 3.8T | 5.0T | 5.2T | |
Non Current Assets Total | 13.2T | 14.3T | 15.1T | 15.1T | 17.9T | 18.8T | |
Non Currrent Assets Other | 3.5T | 4.0T | 4.2T | 4.4T | 672.9B | 639.3B | |
Cash And Short Term Investments | 2.9T | 3.1T | 3.9T | 4.1T | 5.2T | 5.4T | |
Net Receivables | 2.5T | 2.6T | 2.6T | 3.0T | 3.8T | 4.0T | |
Common Stock Shares Outstanding | 5.3B | 1.7B | 1.7B | 1.7B | 1.6B | 2.2B | |
Liabilities And Stockholders Equity | 20.5T | 21.9T | 24.0T | 24.7T | 29.8T | 31.3T | |
Non Current Liabilities Total | 6.4T | 6.8T | 7.2T | 6.5T | 8.4T | 8.9T | |
Inventory | 1.6T | 1.5T | 1.9T | 2.2T | 2.4T | 2.6T | |
Other Current Assets | 365.8B | 383.7B | 439.3B | 384.5B | 446.8B | 344.5B | |
Other Stockholder Equity | (102.1B) | (101.7B) | (142.8B) | (299.3B) | 2.0T | 2.1T | |
Total Liab | 12.2T | 12.5T | 13.2T | 13.1T | 16.8T | 17.6T | |
Property Plant And Equipment Gross | 7.7T | 7.9T | 8.2T | 7.9T | 17.7T | 18.6T | |
Total Current Assets | 7.3T | 7.6T | 8.8T | 9.6T | 11.9T | 12.5T | |
Accumulated Other Comprehensive Income | (114.6B) | 196.7B | 990.4B | 1.4T | 2.3T | 2.4T | |
Short Term Debt | 3.2T | 3.1T | 3.2T | 3.4T | 4.0T | 4.2T | |
Accounts Payable | 958.5B | 1.1T | 1.2T | 1.4T | 1.6T | 962.8B | |
Other Liab | 1.7T | 1.9T | 1.8T | 1.9T | 2.2T | 2.3T | |
Other Assets | 969.4B | 442.3B | 516.2B | 560.1B | 644.2B | 676.4B | |
Long Term Debt | 4.5T | 4.7T | 5.0T | 4.4T | 6.1T | 6.4T | |
Property Plant Equipment | 3.1T | 3.0T | 3.1T | 7.9T | 9.1T | 9.5T | |
Current Deferred Revenue | 780.7B | 825.1B | 740.1B | 822.5B | 157.4B | 149.5B | |
Treasury Stock | (113.3B) | (177.8B) | (273.9B) | (273.8B) | (246.4B) | (234.1B) | |
Short Term Investments | 190.1B | 295.3B | 217.7B | 263.9B | 229.6B | 241.1B | |
Intangible Assets | 760.4B | 818.8B | 849.5B | 870.9B | 999.7B | 543.7B | |
Net Tangible Assets | 8.1T | 7.9T | 8.3T | 9.6T | 11.1T | 7.5T | |
Deferred Long Term Liab | 611.8B | 627.2B | 671.4B | 693.6B | 797.7B | 610.7B | |
Long Term Investments | 1.1T | 1.5T | 1.8T | 1.8T | 2.2T | 1.2T | |
Short Long Term Debt | 3.2T | 3.0T | 3.1T | 3.3T | 4.1T | 3.2T |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Honda Motor offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Honda's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Honda Motor Co Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Honda Motor Co Stock:Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Honda Motor Co. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population. You can also try the Efficient Frontier module to plot and analyze your portfolio and positions against risk-return landscape of the market..
Is Automobile Manufacturers 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 Honda. If investors know Honda 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 Honda 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 (0.59) | Dividend Share 39 | Earnings Share 3.9 | Revenue Per Share 13.4 K | Quarterly Revenue Growth 0.082 |
The market value of Honda Motor is measured differently than its book value, which is the value of Honda that is recorded on the company's balance sheet. Investors also form their own opinion of Honda's value that differs from its market value or its book value, called intrinsic value, which is Honda'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 Honda's market value can be influenced by many factors that don't directly affect Honda'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 Honda's value and its price as these two are different measures arrived at by different means. Investors typically determine if Honda is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Honda'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.