L3Harris Net Receivables vs Common Stock Shares Outstanding Analysis

0L3H Stock

228.55 2.34 1.01%

L3Harris Technologies financial indicator trend analysis is infinitely more than just investigating L3Harris Technologies recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether L3Harris Technologies is a good investment. Please check the relationship between L3Harris Technologies Net Receivables and its Common Stock Shares Outstanding accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in L3Harris Technologies. 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.

For more information on how to buy L3Harris Stock please use our How to Invest in L3Harris Technologies guide.

Net Receivables vs Common Stock Shares Outstanding

Net Receivables vs Common Stock Shares Outstanding Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of L3Harris Technologies Net Receivables account and Common Stock Shares Outstanding. At this time, the significance of the direction appears to have pay attention.

The correlation between L3Harris Technologies' Net Receivables and Common Stock Shares Outstanding is -0.79. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Common Stock Shares Outstanding in the same time period over historical financial statements of L3Harris Technologies, assuming nothing else is changed. The correlation between historical values of L3Harris Technologies' Net Receivables and Common Stock Shares Outstanding 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 Receivables of L3Harris Technologies are associated (or correlated) with its Common Stock Shares Outstanding. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Shares Outstanding has no effect on the direction of Net Receivables i.e., L3Harris Technologies' Net Receivables and Common Stock Shares Outstanding go up and down completely randomly.

Correlation Coefficient

-0.79

Relationship Direction	Negative
Relationship Strength	Weak

View All Relationships

Net Receivables

Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.

Most indicators from L3Harris Technologies' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into L3Harris Technologies 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in L3Harris Technologies. 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.

For more information on how to buy L3Harris Stock please use our How to Invest in L3Harris Technologies guide.Tax Provision is likely to drop to about 267 M in 2024. Discontinued Operations is likely to drop to about (1.2 M) in 2024

	2019	2021	2022	2024 (projected)
Total Revenue	18.5B	17.8B	19.4B	18.7B
Depreciation And Amortization	894M	970M	1.2B	1.0B

Total Revenue Depreciation And Amortization

L3Harris Technologies fundamental ratios 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	Intangible Assets	Accounts Payable	Short Term Investments	Common Stock	Current Deferred Revenue
Total Assets		0.8	0.48	0.72	0.03	0.82	0.78	0.2	-0.44	0.99	0.78	-0.44	0.15	-0.06	0.94	0.74	0.89	0.0	0.86	0.85	0.89	0.82	0.22	0.31	0.08	0.68
Short Long Term Debt Total	0.8		0.26	0.99	-0.54	0.99	1.0	0.54	-0.74	0.71	0.98	-0.74	0.57	-0.44	0.89	0.72	0.98	-0.59	0.98	0.93	0.98	0.34	0.73	0.01	-0.25	0.98
Other Current Liab	0.48	0.26		0.15	0.37	0.25	0.28	0.42	-0.38	0.57	0.34	-0.38	-0.62	0.57	0.3	0.82	0.42	0.32	0.23	0.1	0.43	0.6	-0.25	0.55	0.67	0.15
Total Current Liabilities	0.72	0.99	0.15		-0.65	0.97	0.99	0.56	-0.74	0.61	0.97	-0.74	0.67	-0.52	0.84	0.64	0.94	-0.69	0.96	0.92	0.94	0.22	0.81	-0.07	-0.34	0.99
Total Stockholder Equity	0.03	-0.54	0.37	-0.65		-0.47	-0.54	-0.63	0.42	0.19	-0.56	0.42	-0.86	0.59	-0.26	-0.12	-0.35	0.96	-0.48	-0.47	-0.38	0.5	-0.87	0.31	0.48	-0.64
Property Plant And Equipment Net	0.82	0.99	0.25	0.97	-0.47		0.99	0.43	-0.78	0.74	0.95	-0.78	0.55	-0.5	0.87	0.68	0.98	-0.55	0.96	0.91	0.97	0.35	0.73	-0.06	-0.32	0.98
Net Debt	0.78	1.0	0.28	0.99	-0.54	0.99		0.55	-0.8	0.7	0.97	-0.8	0.55	-0.46	0.85	0.72	0.98	-0.61	0.96	0.9	0.97	0.3	0.76	-0.03	-0.28	0.99
Retained Earnings	0.2	0.54	0.42	0.56	-0.63	0.43	0.55		-0.45	0.12	0.67	-0.45	0.23	0.13	0.39	0.72	0.48	-0.55	0.5	0.41	0.54	-0.02	0.44	0.32	0.29	0.53
Cash	-0.44	-0.74	-0.38	-0.74	0.42	-0.78	-0.8	-0.45		-0.41	-0.7	1.0	-0.3	0.53	-0.4	-0.58	-0.74	0.62	-0.6	-0.45	-0.7	0.05	-0.75	0.31	0.39	-0.81
Non Current Assets Total	0.99	0.71	0.57	0.61	0.19	0.74	0.7	0.12	-0.41		0.68	-0.41	-0.01	0.03	0.87	0.73	0.83	0.14	0.77	0.74	0.82	0.87	0.09	0.35	0.16	0.58
Non Currrent Assets Other	0.78	0.98	0.34	0.97	-0.56	0.95	0.97	0.67	-0.7	0.68		-0.7	0.52	-0.3	0.89	0.8	0.96	-0.57	0.97	0.92	0.98	0.36	0.68	0.13	-0.1	0.94
Cash And Short Term Investments	-0.44	-0.74	-0.38	-0.74	0.42	-0.78	-0.8	-0.45	1.0	-0.41	-0.7		-0.3	0.53	-0.4	-0.58	-0.74	0.62	-0.6	-0.45	-0.7	0.05	-0.75	0.31	0.39	-0.81
Net Receivables	0.15	0.57	-0.62	0.67	-0.86	0.55	0.55	0.23	-0.3	-0.01	0.52	-0.3		-0.79	0.4	-0.09	0.4	-0.83	0.56	0.62	0.4	-0.34	0.84	-0.44	-0.72	0.66
Common Stock Shares Outstanding	-0.06	-0.44	0.57	-0.52	0.59	-0.5	-0.46	0.13	0.53	0.03	-0.3	0.53	-0.79		-0.14	0.25	-0.32	0.73	-0.35	-0.34	-0.26	0.46	-0.83	0.78	0.98	-0.59
Non Current Liabilities Total	0.94	0.89	0.3	0.84	-0.26	0.87	0.85	0.39	-0.4	0.87	0.89	-0.4	0.4	-0.14		0.72	0.91	-0.22	0.96	0.97	0.93	0.68	0.38	0.31	0.03	0.78
Inventory	0.74	0.72	0.82	0.64	-0.12	0.68	0.72	0.72	-0.58	0.73	0.8	-0.58	-0.09	0.25	0.72		0.8	-0.13	0.71	0.61	0.83	0.6	0.21	0.5	0.43	0.62
Other Current Assets	0.89	0.98	0.42	0.94	-0.35	0.98	0.98	0.48	-0.74	0.83	0.96	-0.74	0.4	-0.32	0.91	0.8		-0.42	0.96	0.9	0.99	0.49	0.6	0.1	-0.14	0.93
Other Stockholder Equity	0.0	-0.59	0.32	-0.69	0.96	-0.55	-0.61	-0.55	0.62	0.14	-0.57	0.62	-0.83	0.73	-0.22	-0.13	-0.42		-0.48	-0.44	-0.42	0.55	-0.96	0.47	0.63	-0.72
Total Liab	0.86	0.98	0.23	0.96	-0.48	0.96	0.96	0.5	-0.6	0.77	0.97	-0.6	0.56	-0.35	0.96	0.71	0.96	-0.48		0.98	0.97	0.46	0.63	0.12	-0.17	0.93
Total Current Assets	0.85	0.93	0.1	0.92	-0.47	0.91	0.9	0.41	-0.45	0.74	0.92	-0.45	0.62	-0.34	0.97	0.61	0.9	-0.44	0.98		0.92	0.48	0.58	0.14	-0.18	0.87
Short Term Debt	0.89	0.98	0.43	0.94	-0.38	0.97	0.97	0.54	-0.7	0.82	0.98	-0.7	0.4	-0.26	0.93	0.83	0.99	-0.42	0.97	0.92		0.51	0.58	0.17	-0.07	0.92
Intangible Assets	0.82	0.34	0.6	0.22	0.5	0.35	0.3	-0.02	0.05	0.87	0.36	0.05	-0.34	0.46	0.68	0.6	0.49	0.55	0.46	0.48	0.51		-0.38	0.64	0.54	0.15
Accounts Payable	0.22	0.73	-0.25	0.81	-0.87	0.73	0.76	0.44	-0.75	0.09	0.68	-0.75	0.84	-0.83	0.38	0.21	0.6	-0.96	0.63	0.58	0.58	-0.38		-0.51	-0.72	0.85
Short Term Investments	0.31	0.01	0.55	-0.07	0.31	-0.06	-0.03	0.32	0.31	0.35	0.13	0.31	-0.44	0.78	0.31	0.5	0.1	0.47	0.12	0.14	0.17	0.64	-0.51		0.83	-0.16
Common Stock	0.08	-0.25	0.67	-0.34	0.48	-0.32	-0.28	0.29	0.39	0.16	-0.1	0.39	-0.72	0.98	0.03	0.43	-0.14	0.63	-0.17	-0.18	-0.07	0.54	-0.72	0.83		-0.41
Current Deferred Revenue	0.68	0.98	0.15	0.99	-0.64	0.98	0.99	0.53	-0.81	0.58	0.94	-0.81	0.66	-0.59	0.78	0.62	0.93	-0.72	0.93	0.87	0.92	0.15	0.85	-0.16	-0.41

Click cells to compare fundamentals

L3Harris Technologies Account Relationship Matchups

Also Currently Popular

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.

C	Citigroup
GM	General Motors
F	Ford Motor

Additional Tools for L3Harris Stock Analysis

When running L3Harris Technologies' price analysis, check to measure L3Harris Technologies' 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 L3Harris Technologies is operating at the current time. Most of L3Harris Technologies' value examination focuses on studying past and present price action to predict the probability of L3Harris Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move L3Harris Technologies' price. Additionally, you may evaluate how the addition of L3Harris Technologies 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

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

L3Harris Net Receivables vs Common Stock Shares Outstanding Analysis

Net Receivables vs Common Stock Shares Outstanding

Net Receivables vs Common Stock Shares Outstanding Correlation Analysis

Correlation Coefficient

Net Receivables

Common Stock Shares Outstanding

L3Harris Technologies fundamental ratios Correlations

L3Harris Technologies Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Also Currently Popular

Additional Tools for L3Harris Stock Analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Net Debt	+ 1.0	Short Long Term Debt Total
Cash And Short Term Investments	+ 1.0	Cash
Non Current Assets Total	+ 0.99	Total Assets
Total Current Liabilities	+ 0.99	Short Long Term Debt Total
Property Plant And Equipment Net	+ 0.99	Short Long Term Debt Total
Net Debt	+ 0.99	Total Current Liabilities

Accounts Payable	- 0.96	Other Stockholder Equity
Accounts Payable	- 0.87	Total Stockholder Equity
Net Receivables	- 0.86	Total Stockholder Equity
Accounts Payable	- 0.83	Common Stock Shares Outstanding
Other Stockholder Equity	- 0.83	Net Receivables
Current Deferred Revenue	- 0.81	Cash And Short Term Investments