HP Historical Balance Sheet

HPQ Stock

USD 35.43 0.77 2.22%

Trend analysis of HP Inc balance sheet accounts such as Other Current Liabilities of 11 B or Total Current Liabilities of 25 B provides information on HP's total assets, liabilities, and equity, which is the actual value of HP Inc to its prevalent stockholders. By breaking down trends over time using HP balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.

Cash Flow Balance Sheet Income Statement

Black Monday

Oil Shock

Dot-com Bubble

Housing Crash

Credit Downgrade

Yuan Drop

Covid

Financial Statement Analysis is much more than just reviewing and examining HP Inc latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether HP Inc is a good buy for the upcoming year.

HP Inventory

5.8 Billion

Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in HP Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey.

About HP Balance Sheet Analysis

Balance Sheet is a snapshot of the financial position of HP Inc at a specified time, usually calculated after every quarter, six months, or one year. HP Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of HP and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which HP currently owns. An asset can also be divided into two categories, current and non-current.

HP Balance Sheet Chart

At this time, HP's Net Receivables is relatively stable compared to the past year. As of 11/30/2024, Common Stock Shares Outstanding is likely to grow to about 1.6 B, though Total Stockholder Equity is likely to grow to (1.2 B).

Total Assets Short Long Term Debt Total Other Current Liab Total Current Liabilities

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Total Assets

Total assets refers to the total amount of HP assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in HP Inc books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Total Current Liabilities

Total Current Liabilities is an item on HP balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of HP Inc are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.

Most accounts from HP's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into HP Inc current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, 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 HP Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey.

	2021	2022	2023	2024 (projected)
Short and Long Term Debt Total	11.0B	10.7B	12.3B	9.3B
Total Assets	38.6B	37.0B	42.6B	56.0B

Short Long Term Debt Total Total Assets

HP balance sheet Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Short Term Debt	Accounts Payable	Current Deferred Revenue	Common Stock Total Equity	Short Term Investments	Property Plant And Equipment Gross
Total Assets		0.96	0.94	0.93	0.92	0.75	0.55	0.91	0.86	1.0	0.46	0.86	0.87	0.43	0.97	0.18	0.85	0.83	0.97	0.99	0.85	0.24	0.8	-0.38	-0.54	0.76
Short Long Term Debt Total	0.96		0.89	0.91	0.86	0.72	0.67	0.84	0.76	0.97	0.45	0.76	0.83	0.31	0.98	0.24	0.81	0.86	0.97	0.93	0.84	0.26	0.79	-0.39	-0.57	0.81
Other Current Liab	0.94	0.89		0.88	0.86	0.49	0.35	0.88	0.7	0.92	0.72	0.7	0.65	0.36	0.92	0.13	0.7	0.64	0.92	0.94	0.68	0.21	0.56	-0.4	-0.53	0.69
Total Current Liabilities	0.93	0.91	0.88		0.77	0.7	0.57	0.75	0.81	0.92	0.37	0.81	0.84	0.18	0.92	0.48	0.85	0.77	0.98	0.94	0.8	0.56	0.76	-0.63	-0.61	0.72
Total Stockholder Equity	0.92	0.86	0.86	0.77		0.7	0.35	0.99	0.78	0.93	0.48	0.78	0.76	0.62	0.88	-0.13	0.8	0.79	0.84	0.89	0.82	-0.03	0.76	-0.03	-0.33	0.69
Property Plant And Equipment Net	0.75	0.72	0.49	0.7	0.7		0.74	0.63	0.81	0.77	-0.21	0.82	0.97	0.38	0.7	0.23	0.8	0.92	0.71	0.72	0.86	0.22	0.97	-0.18	-0.4	0.67
Net Debt	0.55	0.67	0.35	0.57	0.35	0.74		0.27	0.39	0.59	-0.15	0.39	0.74	-0.08	0.56	0.47	0.47	0.78	0.57	0.49	0.65	0.27	0.7	-0.3	-0.54	0.72
Retained Earnings	0.91	0.84	0.88	0.75	0.99	0.63	0.27		0.78	0.91	0.54	0.78	0.71	0.63	0.88	-0.16	0.78	0.72	0.83	0.89	0.77	-0.03	0.71	-0.04	-0.3	0.64
Cash	0.86	0.76	0.7	0.81	0.78	0.81	0.39	0.78		0.83	0.1	1.0	0.87	0.57	0.82	0.15	0.89	0.75	0.83	0.88	0.8	0.29	0.85	-0.38	-0.35	0.48
Non Current Assets Total	1.0	0.97	0.92	0.92	0.93	0.77	0.59	0.91	0.83		0.45	0.83	0.87	0.41	0.97	0.17	0.83	0.86	0.96	0.97	0.85	0.21	0.81	-0.33	-0.56	0.81
Non Currrent Assets Other	0.46	0.45	0.72	0.37	0.48	-0.21	-0.15	0.54	0.1	0.45		0.1	-0.03	0.14	0.48	-0.15	0.12	0.02	0.44	0.46	0.09	-0.1	-0.12	-0.13	-0.25	0.34
Cash And Short Term Investments	0.86	0.76	0.7	0.81	0.78	0.82	0.39	0.78	1.0	0.83	0.1		0.88	0.57	0.82	0.15	0.89	0.75	0.83	0.88	0.79	0.29	0.85	-0.38	-0.35	0.48
Net Receivables	0.87	0.83	0.65	0.84	0.76	0.97	0.74	0.71	0.87	0.87	-0.03	0.88		0.4	0.81	0.27	0.86	0.94	0.84	0.85	0.91	0.29	0.96	-0.33	-0.47	0.69
Common Stock Shares Outstanding	0.43	0.31	0.36	0.18	0.62	0.38	-0.08	0.63	0.57	0.41	0.14	0.57	0.4		0.39	-0.67	0.52	0.43	0.29	0.45	0.52	-0.51	0.45	0.36	0.28	-0.03
Non Current Liabilities Total	0.97	0.98	0.92	0.92	0.88	0.7	0.56	0.88	0.82	0.97	0.48	0.82	0.81	0.39		0.2	0.85	0.82	0.98	0.96	0.83	0.27	0.78	-0.41	-0.54	0.73
Inventory	0.18	0.24	0.13	0.48	-0.13	0.23	0.47	-0.16	0.15	0.17	-0.15	0.15	0.27	-0.67	0.2		0.21	0.15	0.35	0.19	0.14	0.92	0.21	-0.79	-0.53	0.36
Other Current Assets	0.85	0.81	0.7	0.85	0.8	0.8	0.47	0.78	0.89	0.83	0.12	0.89	0.86	0.52	0.85	0.21		0.85	0.87	0.86	0.92	0.35	0.91	-0.34	-0.31	0.51
Other Stockholder Equity	0.83	0.86	0.64	0.77	0.79	0.92	0.78	0.72	0.75	0.86	0.02	0.75	0.94	0.43	0.82	0.15	0.85		0.81	0.79	0.95	0.15	0.95	-0.17	-0.45	0.71
Total Liab	0.97	0.97	0.92	0.98	0.84	0.71	0.57	0.83	0.83	0.96	0.44	0.83	0.84	0.29	0.98	0.35	0.87	0.81		0.97	0.83	0.43	0.79	-0.53	-0.59	0.74
Total Current Assets	0.99	0.93	0.94	0.94	0.89	0.72	0.49	0.89	0.88	0.97	0.46	0.88	0.85	0.45	0.96	0.19	0.86	0.79	0.97		0.83	0.28	0.77	-0.44	-0.51	0.69
Short Term Debt	0.85	0.84	0.68	0.8	0.82	0.86	0.65	0.77	0.8	0.85	0.09	0.79	0.91	0.52	0.83	0.14	0.92	0.95	0.83	0.83		0.19	0.93	-0.19	-0.3	0.62
Accounts Payable	0.24	0.26	0.21	0.56	-0.03	0.22	0.27	-0.03	0.29	0.21	-0.1	0.29	0.29	-0.51	0.27	0.92	0.35	0.15	0.43	0.28	0.19		0.25	-0.86	-0.43	0.21
Current Deferred Revenue	0.8	0.79	0.56	0.76	0.76	0.97	0.7	0.71	0.85	0.81	-0.12	0.85	0.96	0.45	0.78	0.21	0.91	0.95	0.79	0.77	0.93	0.25		-0.2	-0.37	0.64
Common Stock Total Equity	-0.38	-0.39	-0.4	-0.63	-0.03	-0.18	-0.3	-0.04	-0.38	-0.33	-0.13	-0.38	-0.33	0.36	-0.41	-0.79	-0.34	-0.17	-0.53	-0.44	-0.19	-0.86	-0.2		0.55	-0.2
Short Term Investments	-0.54	-0.57	-0.53	-0.61	-0.33	-0.4	-0.54	-0.3	-0.35	-0.56	-0.25	-0.35	-0.47	0.28	-0.54	-0.53	-0.31	-0.45	-0.59	-0.51	-0.3	-0.43	-0.37	0.55		-0.69
Property Plant And Equipment Gross	0.76	0.81	0.69	0.72	0.69	0.67	0.72	0.64	0.48	0.81	0.34	0.48	0.69	-0.03	0.73	0.36	0.51	0.71	0.74	0.69	0.62	0.21	0.64	-0.2	-0.69

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HP Account Relationship Matchups

HP balance sheet Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	34.7B	38.6B	38.6B	37.0B	42.6B	56.0B
Short Long Term Debt Total	6.2B	7.5B	11.0B	10.7B	12.3B	9.3B
Other Current Liab	8.1B	10.7B	9.3B	7.1B	8.2B	11.0B
Total Current Liabilities	26.2B	29.1B	26.2B	24.5B	28.2B	25.0B
Total Stockholder Equity	(2.2B)	(1.7B)	(2.9B)	(1.1B)	(1.2B)	(1.2B)
Property Plant And Equipment Net	2.6B	2.5B	2.8B	4.0B	4.6B	6.0B
Net Debt	1.4B	3.2B	7.9B	7.6B	8.8B	9.2B
Retained Earnings	(2.0B)	(2.5B)	(4.4B)	(2.4B)	(2.7B)	(2.6B)
Cash	4.9B	4.3B	3.1B	3.2B	3.7B	6.9B
Non Current Assets Total	14.0B	16.4B	18.8B	19.0B	21.9B	26.6B
Non Currrent Assets Other	2.5B	7.1B	7.5B	1.6B	1.8B	1.7B
Cash And Short Term Investments	4.9B	4.3B	3.1B	3.2B	3.7B	7.0B
Net Receivables	5.4B	5.5B	4.5B	6.4B	7.4B	10.5B
Common Stock Shares Outstanding	1.4B	1.2B	1.1B	1B	989M	1.6B
Liabilities And Stockholders Equity	34.7B	38.6B	38.6B	37.0B	42.6B	56.0B
Non Current Liabilities Total	10.7B	11.2B	15.4B	13.6B	15.6B	12.9B
Inventory	6.0B	7.9B	7.6B	6.9B	7.9B	5.8B
Other Current Assets	4.2B	4.4B	4.5B	1.4B	1.7B	1.6B
Other Stockholder Equity	963M	1.1B	1.2B	1.5B	1.7B	1.6B
Total Liab	36.9B	40.3B	41.5B	38.1B	43.8B	37.9B
Total Current Assets	20.6B	22.2B	19.8B	18.0B	20.7B	29.4B
Short Term Debt	949M	1.5B	218M	674M	775.1M	736.3M
Accounts Payable	14.7B	16.1B	15.3B	14.0B	16.2B	9.6B
Current Deferred Revenue	1.2B	1.3B	1.4B	1.4B	1.6B	1.6B
Common Stock Total Equity	15M	13M	11M	10M	9M	8.6M
Property Plant And Equipment Gross	3.7B	8.7B	8.8B	8.9B	10.2B	7.8B
Accumulated Other Comprehensive Income	(1.2B)	(260M)	313M	(223M)	(256.5M)	(269.3M)
Common Stock	15M	13M	11M	10M	9M	8.6M
Other Liab	4.2B	4.8B	4.6B	3.4B	4.0B	3.8B
Other Assets	3.3B	7.1B	7.5B	4.7B	5.4B	7.6B
Long Term Debt	5.5B	6.4B	10.8B	9.3B	10.6B	9.6B
Good Will	6.4B	6.8B	8.5B	8.6B	7.7B	14.0B
Intangible Assets	540M	784M	1.9B	1.6B	1.4B	1.4B
Property Plant Equipment	2.6B	2.5B	2.8B	4.0B	3.6B	5.4B
Deferred Long Term Liab	30M	34M	36M	44M	50.6M	82.0M
Net Tangible Assets	(8.6B)	(8.5B)	(11.5B)	(11.3B)	(12.9B)	(13.6B)

Pair Trading with HP

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 HP 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 HP will appreciate offsetting losses from the drop in the long position's value.

Moving together with HP Stock

0.61	FN	Fabrinet	Pair Corr
0.78	GLW	Corning Incorporated	Pair Corr

Moving against HP Stock

0.72	NTIP	Network 1 Technologies	Pair Corr
0.41	CDW	CDW Corp	Pair Corr

The ability to find closely correlated positions to HP could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace HP 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 HP - 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 HP Inc to buy it.

The correlation of HP 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 HP moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if HP Inc 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 HP 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 Correlation Correlation Matching

Additional Tools for HP Stock Analysis

When running HP's price analysis, check to measure HP'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 HP is operating at the current time. Most of HP's value examination focuses on studying past and present price action to predict the probability of HP's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move HP's price. Additionally, you may evaluate how the addition of HP to your portfolios can decrease your overall portfolio volatility.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

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HP Historical Balance Sheet

HP Inventory

5.8 Billion

About HP Balance Sheet Analysis

HP Balance Sheet Chart

Total Assets

Total Current Liabilities

HP balance sheet Correlations

HP Account Relationship Matchups

High Positive Relationship

High Negative Relationship

HP balance sheet Accounts

Pair Trading with HP

Moving together with HP Stock

Moving against HP Stock

Additional Tools for HP Stock Analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Non Current Assets Total	+ 1.0	Total Assets
Cash And Short Term Investments	+ 1.0	Cash
Total Current Assets	+ 0.99	Total Assets
Retained Earnings	+ 0.99	Total Stockholder Equity
Non Current Liabilities Total	+ 0.98	Short Long Term Debt Total
Total Liab	+ 0.98	Total Current Liabilities

Common Stock Total Equity	- 0.86	Accounts Payable
Common Stock Total Equity	- 0.79	Inventory
Property Plant And Equipment Gross	- 0.69	Short Term Investments
Inventory	- 0.67	Common Stock Shares Outstanding
Common Stock Total Equity	- 0.63	Total Current Liabilities
Short Term Investments	- 0.61	Total Current Liabilities