Halliburton Inventory vs Total Liab Analysis

HAL Stock  USD 31.86  0.02  0.06%   
Halliburton financial indicator trend analysis is much more than just examining Halliburton latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Halliburton is a good investment. Please check the relationship between Halliburton Inventory and its Total Liab accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Halliburton. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
For more information on how to buy Halliburton Stock please use our How to buy in Halliburton Stock guide.

Inventory vs Total Liab

Inventory vs Total Liab Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Halliburton Inventory account and Total Liab. At this time, the significance of the direction appears to have strong relationship.
The correlation between Halliburton's Inventory and Total Liab is 0.65. Overlapping area represents the amount of variation of Inventory that can explain the historical movement of Total Liab in the same time period over historical financial statements of Halliburton, assuming nothing else is changed. The correlation between historical values of Halliburton's Inventory and Total Liab is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Inventory of Halliburton are associated (or correlated) with its Total Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Liab has no effect on the direction of Inventory i.e., Halliburton's Inventory and Total Liab go up and down completely randomly.

Correlation Coefficient

0.65
Relationship DirectionPositive 
Relationship StrengthSignificant

Inventory

Total Liab

The total amount of all liabilities that a company has, including both short-term and long-term liabilities.
Most indicators from Halliburton's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Halliburton 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 Halliburton. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
For more information on how to buy Halliburton Stock please use our How to buy in Halliburton Stock guide.At this time, Halliburton's Tax Provision is quite stable compared to the past year. Issuance Of Capital Stock is expected to rise to about 154.7 M this year, although the value of Discontinued Operations is projected to rise to (20.8 M).
 2021 2022 2023 2024 (projected)
Gross Profit2.0B3.3B23.0B24.2B
Total Revenue15.3B20.3B23.0B16.6B

Halliburton fundamental ratios Correlations

0.740.740.860.820.890.340.920.640.940.890.640.840.720.790.780.78-0.830.850.950.360.610.430.360.760.8
0.740.520.650.230.450.730.460.670.720.430.660.330.550.990.440.47-0.810.970.680.110.480.530.060.640.67
0.740.520.520.680.690.110.740.710.580.740.710.550.360.540.360.78-0.590.560.820.580.080.190.390.410.45
0.860.650.520.620.680.50.730.330.880.720.330.830.830.70.910.75-0.80.810.760.290.870.690.460.890.87
0.820.230.680.620.9-0.210.950.450.720.920.460.870.50.30.660.71-0.470.40.820.430.360.060.40.480.51
0.890.450.690.680.90.120.970.410.870.890.410.90.550.530.730.67-0.70.60.820.40.440.190.340.550.62
0.340.730.110.5-0.210.120.040.080.480.060.070.150.520.740.350.13-0.720.720.17-0.140.530.80.190.580.6
0.920.460.740.730.950.970.040.510.860.950.510.910.560.530.740.74-0.680.610.890.440.470.180.380.580.62
0.640.670.710.330.450.410.080.510.390.511.00.210.230.650.080.49-0.420.610.80.270.030.060.110.280.32
0.940.720.580.880.720.870.480.860.390.820.390.850.790.780.870.67-0.860.850.80.250.710.520.320.820.85
0.890.430.740.720.920.890.060.950.510.820.510.880.580.50.690.67-0.670.580.870.310.490.260.530.620.63
0.640.660.710.330.460.410.070.511.00.390.510.210.240.640.080.49-0.420.60.80.270.020.060.110.280.32
0.840.330.550.830.870.90.150.910.210.850.880.210.670.420.860.68-0.680.540.740.350.690.390.510.670.7
0.720.550.360.830.50.550.520.560.230.790.580.240.670.610.80.63-0.70.70.60.270.70.780.420.960.98
0.790.990.540.70.30.530.740.530.650.780.50.640.420.610.520.5-0.860.980.720.130.530.560.120.690.72
0.780.440.360.910.660.730.350.740.080.870.690.080.860.80.520.69-0.670.650.620.220.830.540.370.820.8
0.780.470.780.750.710.670.130.740.490.670.670.490.680.630.50.69-0.560.590.790.680.370.360.340.640.66
-0.83-0.81-0.59-0.8-0.47-0.7-0.72-0.68-0.42-0.86-0.67-0.42-0.68-0.7-0.86-0.67-0.56-0.9-0.72-0.28-0.62-0.67-0.41-0.76-0.81
0.850.970.560.810.40.60.720.610.610.850.580.60.540.70.980.650.59-0.90.770.170.640.620.210.780.8
0.950.680.820.760.820.820.170.890.80.80.870.80.740.60.720.620.79-0.720.770.420.450.30.370.640.67
0.360.110.580.290.430.4-0.140.440.270.250.310.270.350.270.130.220.68-0.280.170.42-0.130.010.10.230.28
0.610.480.080.870.360.440.530.470.030.710.490.020.690.70.530.830.37-0.620.640.45-0.130.680.370.760.71
0.430.530.190.690.060.190.80.180.060.520.260.060.390.780.560.540.36-0.670.620.30.010.680.580.820.8
0.360.060.390.460.40.340.190.380.110.320.530.110.510.420.120.370.34-0.410.210.370.10.370.580.520.42
0.760.640.410.890.480.550.580.580.280.820.620.280.670.960.690.820.64-0.760.780.640.230.760.820.520.97
0.80.670.450.870.510.620.60.620.320.850.630.320.70.980.720.80.66-0.810.80.670.280.710.80.420.97
Click cells to compare fundamentals

Halliburton Account Relationship Matchups

Halliburton fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets25.4B20.7B22.3B23.3B24.7B16.5B
Short Long Term Debt Total11.3B10.8B10.2B8.9B8.8B4.8B
Other Current Liab1.6B1.6B1.2B1.4B1.4B1.6B
Total Current Liabilities4.9B4.4B4.3B5.3B5.6B3.7B
Total Stockholder Equity8.0B5.0B6.7B7.9B9.4B6.8B
Property Plant And Equipment Net8.2B5.1B5.3B5.3B6.0B4.9B
Net Debt9.1B8.3B7.2B6.6B6.5B6.9B
Retained Earnings12.0B8.7B9.7B10.6B12.5B8.0B
Cash2.3B2.6B3.0B2.3B2.3B1.9B
Non Current Assets Total14.2B11.2B12.4B12.3B13.1B8.2B
Non Currrent Assets Other1.4B1.1B1.2B1.6B1.8B1.4B
Cash And Short Term Investments2.3B2.6B3.0B2.3B2.3B1.9B
Net Receivables4.6B3.1B3.7B4.6B4.9B3.9B
Common Stock Shares Outstanding877M875M881M892M908M831.2M
Liabilities And Stockholders Equity25.4B20.7B22.3B23.3B24.7B16.5B
Non Current Liabilities Total12.5B11.3B11.3B9.9B9.6B6.0B
Inventory3.1B2.3B2.4B2.9B3.2B1.6B
Other Current Assets1.2B1.5B872M1.1B1.2B866.6M
Other Stockholder Equity(6.3B)(6.0B)(5.5B)(5.1B)(5.5B)(5.2B)
Total Liab17.4B15.7B15.6B15.3B15.3B9.6B
Total Current Assets11.2B9.5B9.9B11.0B11.5B8.5B
Short Term Debt208M946M247M224M262M356.6M
Accounts Payable2.4B1.6B2.4B3.1B3.1B1.6B
Property Plant And Equipment Gross8.2B5.1B5.3B5.3B18.1B19.0B
Common Stock Total Equity2.7B2.7B2.7B2.7B3.1B2.5B
Common Stock2.7B2.7B2.7B2.7B2.7B2.5B
Other Liab1.3B1.2B1.4B1.1B989.1M1.3B
Current Deferred Revenue604M517M493M2.6B1.4B1.5B
Other Assets3.0B4.1B4.3B4.2B4.8B2.7B
Long Term Debt10.3B9.1B9.1B7.9B7.6B6.7B
Good Will2.8B2.8B2.8B2.8B2.9B1.9B
Treasury Stock(6.4B)(6.0B)(5.5B)(5.1B)(4.6B)(4.8B)
Property Plant Equipment7.3B4.3B5.3B5.3B6.1B6.8B
Net Tangible Assets5.2B2.2B3.9B5.1B4.6B6.6B
Noncontrolling Interest In Consolidated Entity22M13M9M15M26.1M17.4M
Retained Earnings Total Equity12.0B8.7B9.7B10.6B9.5B10.1B

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When determining whether Halliburton is a strong investment it is important to analyze Halliburton's 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 Halliburton's future performance. For an informed investment choice regarding Halliburton 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 Halliburton. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
For more information on how to buy Halliburton Stock please use our How to buy in Halliburton Stock guide.
You can also try the Stock Screener module to find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook..
Is Oil & Gas Equipment & Services 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 Halliburton. If investors know Halliburton 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 Halliburton 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
(0.18)
Dividend Share
0.67
Earnings Share
2.86
Revenue Per Share
26.012
Quarterly Revenue Growth
(0.02)
The market value of Halliburton is measured differently than its book value, which is the value of Halliburton that is recorded on the company's balance sheet. Investors also form their own opinion of Halliburton's value that differs from its market value or its book value, called intrinsic value, which is Halliburton'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 Halliburton's market value can be influenced by many factors that don't directly affect Halliburton'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 Halliburton's value and its price as these two are different measures arrived at by different means. Investors typically determine if Halliburton is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Halliburton'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.