Huntington Earning Assets vs Net Invested Capital Analysis

HBAN Stock

USD 18.01 0.01 0.06%

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 Earning Assets and its Net Invested Capital 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 nation.

Earning Assets vs Net Invested Capital

Earning Assets vs Net Invested Capital Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Huntington Bancshares Earning Assets account and Net Invested Capital. At this time, the significance of the direction appears to have very week relationship.

The correlation between Huntington Bancshares' Earning Assets and Net Invested Capital is 0.28. Overlapping area represents the amount of variation of Earning Assets that can explain the historical movement of Net Invested Capital 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' Earning Assets and Net Invested Capital is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Earning Assets of Huntington Bancshares Incorporated are associated (or correlated) with its Net Invested Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Invested Capital has no effect on the direction of Earning Assets i.e., Huntington Bancshares' Earning Assets and Net Invested Capital go up and down completely randomly.

Correlation Coefficient

0.28

Relationship Direction	Positive
Relationship Strength	Very Weak

View All Relationships

Earning Assets

Net Invested Capital

The total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents.

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 nation.

At this time, Huntington Bancshares' Selling General Administrative is very stable compared to the past year. As of the 30th of November 2024, Issuance Of Capital Stock is likely to grow to about 412.9 M, while Tax Provision is likely to drop about 322.9 M.

	2021	2022	2023	2024 (projected)
EBIT	1.7B	3.0B	2.4B	2.5B
Operating Income	1.6B	3.8B	2.4B	2.5B

Ebit Operating Income

Huntington Bancshares fundamental ratios Correlations

	Common Stock Shares Outstanding	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	Other Assets	Cash And Short Term Investments	Net Receivables	Non Current Liabilities Total	Other Stockholder Equity	Total Liab	Total Current Assets	Short Term Debt	Property Plant And Equipment Gross	Common Stock Total Equity	Common Stock	Other Liab	Accounts Payable	Long Term Debt
Common Stock Shares Outstanding		0.93	0.6	0.21	-0.3	0.93	0.8	0.04	0.71	0.76	0.18	-0.4	0.84	0.21	0.87	0.57	0.97	0.93	0.13	-0.21	0.84	-0.71	-0.71	0.87	0.9	0.64
Total Assets	0.93		0.58	0.28	-0.37	1.0	0.78	-0.08	0.89	0.88	0.21	-0.45	0.9	0.24	0.93	0.63	0.96	1.0	0.12	-0.28	0.94	-0.46	-0.46	0.97	0.99	0.71
Short Long Term Debt Total	0.6	0.58		-0.47	0.32	0.57	0.69	0.7	0.53	0.27	0.32	-0.41	0.5	0.2	0.36	0.18	0.52	0.58	0.24	0.47	0.35	-0.46	-0.46	0.44	0.49	0.92
Other Current Liab	0.21	0.28	-0.47		-0.9	0.29	0.05	-0.84	0.25	0.53	-0.12	0.12	0.27	0.06	0.39	0.4	0.27	0.28	-0.06	-1.0	0.38	-0.08	-0.08	0.38	0.36	-0.17
Total Current Liabilities	-0.3	-0.37	0.32	-0.9		-0.35	-0.17	0.73	-0.34	-0.55	0.22	-0.1	-0.49	0.19	-0.47	-0.32	-0.34	-0.37	-0.15	0.9	-0.44	0.12	0.12	-0.43	-0.42	0.04
Total Stockholder Equity	0.93	1.0	0.57	0.29	-0.35		0.79	-0.08	0.88	0.87	0.28	-0.46	0.86	0.31	0.9	0.61	0.96	0.99	0.16	-0.29	0.92	-0.47	-0.47	0.97	0.98	0.7
Property Plant And Equipment Net	0.8	0.78	0.69	0.05	-0.17	0.79		0.15	0.54	0.51	0.37	-0.67	0.62	0.41	0.66	0.17	0.82	0.78	0.23	-0.05	0.7	-0.61	-0.61	0.68	0.71	0.72
Net Debt	0.04	-0.08	0.7	-0.84	0.73	-0.08	0.15		-0.1	-0.45	0.31	-0.17	-0.11	0.06	-0.28	-0.29	-0.07	-0.08	0.22	0.84	-0.28	-0.28	-0.29	-0.24	-0.18	0.43
Retained Earnings	0.71	0.89	0.53	0.25	-0.34	0.88	0.54	-0.1		0.87	0.07	-0.27	0.86	0.06	0.81	0.67	0.74	0.89	0.08	-0.25	0.82	-0.09	-0.09	0.91	0.91	0.74
Cash	0.76	0.88	0.27	0.53	-0.55	0.87	0.51	-0.45	0.87		-0.05	-0.17	0.85	0.08	0.9	0.79	0.81	0.89	-0.03	-0.53	0.88	-0.21	-0.2	0.94	0.93	0.5
Non Current Assets Total	0.18	0.21	0.32	-0.12	0.22	0.28	0.37	0.31	0.07	-0.05		-0.45	-0.12	0.87	-0.11	-0.23	0.19	0.2	0.59	0.12	0.02	-0.33	-0.33	0.1	0.13	0.29
Non Currrent Assets Other	-0.4	-0.45	-0.41	0.12	-0.1	-0.46	-0.67	-0.17	-0.27	-0.17	-0.45		-0.16	-0.56	-0.31	0.31	-0.46	-0.44	0.09	-0.12	-0.4	0.3	0.3	-0.36	-0.36	-0.39
Other Assets	0.84	0.9	0.5	0.27	-0.49	0.86	0.62	-0.11	0.86	0.85	-0.12	-0.16		-0.19	0.9	0.67	0.85	0.9	0.17	-0.27	0.86	-0.34	-0.34	0.89	0.91	0.64
Cash And Short Term Investments	0.21	0.24	0.2	0.06	0.19	0.31	0.41	0.06	0.06	0.08	0.87	-0.56	-0.19		0.0	-0.12	0.25	0.23	0.2	-0.06	0.12	-0.33	-0.33	0.18	0.18	0.22
Net Receivables	0.87	0.93	0.36	0.39	-0.47	0.9	0.66	-0.28	0.81	0.9	-0.11	-0.31	0.9	0.0		0.72	0.93	0.93	-0.11	-0.39	0.98	-0.35	-0.35	0.96	0.95	0.51
Non Current Liabilities Total	0.57	0.63	0.18	0.4	-0.32	0.61	0.17	-0.29	0.67	0.79	-0.23	0.31	0.67	-0.12	0.72		0.59	0.63	-0.14	-0.4	0.66	-0.13	-0.13	0.72	0.71	0.35
Other Stockholder Equity	0.97	0.96	0.52	0.27	-0.34	0.96	0.82	-0.07	0.74	0.81	0.19	-0.46	0.85	0.25	0.93	0.59		0.96	0.1	-0.27	0.93	-0.6	-0.6	0.92	0.94	0.6
Total Liab	0.93	1.0	0.58	0.28	-0.37	0.99	0.78	-0.08	0.89	0.89	0.2	-0.44	0.9	0.23	0.93	0.63	0.96		0.12	-0.28	0.94	-0.46	-0.46	0.98	0.99	0.71
Total Current Assets	0.13	0.12	0.24	-0.06	-0.15	0.16	0.23	0.22	0.08	-0.03	0.59	0.09	0.17	0.2	-0.11	-0.14	0.1	0.12		0.06	-0.04	-0.24	-0.24	0.03	0.07	0.24
Short Term Debt	-0.21	-0.28	0.47	-1.0	0.9	-0.29	-0.05	0.84	-0.25	-0.53	0.12	-0.12	-0.27	-0.06	-0.39	-0.4	-0.27	-0.28	0.06		-0.38	0.08	0.08	-0.38	-0.36	0.17
Property Plant And Equipment Gross	0.84	0.94	0.35	0.38	-0.44	0.92	0.7	-0.28	0.82	0.88	0.02	-0.4	0.86	0.12	0.98	0.66	0.93	0.94	-0.04	-0.38		-0.29	-0.29	0.97	0.96	0.51
Common Stock Total Equity	-0.71	-0.46	-0.46	-0.08	0.12	-0.47	-0.61	-0.28	-0.09	-0.21	-0.33	0.3	-0.34	-0.33	-0.35	-0.13	-0.6	-0.46	-0.24	0.08	-0.29		1.0	-0.31	-0.38	-0.35
Common Stock	-0.71	-0.46	-0.46	-0.08	0.12	-0.47	-0.61	-0.29	-0.09	-0.2	-0.33	0.3	-0.34	-0.33	-0.35	-0.13	-0.6	-0.46	-0.24	0.08	-0.29	1.0		-0.31	-0.38	-0.35
Other Liab	0.87	0.97	0.44	0.38	-0.43	0.97	0.68	-0.24	0.91	0.94	0.1	-0.36	0.89	0.18	0.96	0.72	0.92	0.98	0.03	-0.38	0.97	-0.31	-0.31		0.99	0.62
Accounts Payable	0.9	0.99	0.49	0.36	-0.42	0.98	0.71	-0.18	0.91	0.93	0.13	-0.36	0.91	0.18	0.95	0.71	0.94	0.99	0.07	-0.36	0.96	-0.38	-0.38	0.99		0.66
Long Term Debt	0.64	0.71	0.92	-0.17	0.04	0.7	0.72	0.43	0.74	0.5	0.29	-0.39	0.64	0.22	0.51	0.35	0.6	0.71	0.24	0.17	0.51	-0.35	-0.35	0.62	0.66

Click cells to compare fundamentals

Huntington Bancshares Account Relationship Matchups

Huntington Bancshares fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Common Stock Shares Outstanding	1.1B	1.0B	1.3B	1.5B	1.5B	1.5B
Total Assets	109.0B	123.0B	174.1B	182.9B	189.4B	198.8B
Short Long Term Debt Total	12.5B	8.5B	7.4B	11.7B	12.4B	7.3B
Other Current Liab	(2.6B)	(112M)	(14M)	(1.8B)	(2M)	(2.1M)
Total Current Liabilities	2.6B	183M	334M	2.5K	2M	1.9M
Total Stockholder Equity	11.8B	13.0B	19.3B	17.7B	19.4B	20.3B
Property Plant And Equipment Net	763M	757M	1.2B	1.2B	1.1B	601.1M
Net Debt	11.2B	1.8B	1.5B	4.8B	2.1B	2.0B
Retained Earnings	2.1B	1.9B	2.2B	3.4B	4.3B	4.5B
Cash	1.3B	6.7B	5.9B	6.9B	10.1B	10.6B
Non Current Assets Total	27.0B	29.0B	48.7B	5.7K	7.3B	11.9B
Non Currrent Assets Other	(27.0B)	(29.0B)	(48.7B)	(48.8B)	(7.3B)	(7.7B)
Other Assets	66.6B	70.8B	86.0B	182.9B	171.9B	180.5B
Cash And Short Term Investments	15.4B	23.2B	34.4B	25.1K	10.1B	6.4B
Liabilities And Stockholders Equity	109.0B	123.0B	174.1B	182.9B	189.4B	198.8B
Non Current Liabilities Total	9.8B	8.4B	7.1B	112.1K	169.4B	177.8B
Other Stockholder Equity	8.8B	8.7B	15.1B	15.2B	15.3B	16.1B
Total Liab	97.2B	110.0B	154.7B	165.1B	170.0B	178.5B
Total Current Assets	15.4B	23.2B	39.3B	25.1K	10.1B	9.9B
Short Term Debt	2.6B	112M	14M	1.8B	2M	1.9M
Property Plant And Equipment Gross	763M	757M	2.2B	2.3B	2.3B	2.4B
Accumulated Other Comprehensive Income	(256M)	192M	(229M)	(3.1B)	(2.7B)	(2.5B)
Other Liab	2.1B	2.6B	4.0B	4.0B	4.6B	4.9B
Accounts Payable	82.3B	98.9B	143.3B	147.9B	170.1B	178.6B
Long Term Debt	9.8B	8.4B	7.1B	9.7B	12.4B	6.3B
Short Term Investments	14.1B	16.5B	28.5B	23.4B	25.3B	26.6B
Inventory	11M	(9.0B)	(6.4B)	(13.7B)	(17.2B)	(16.3B)
Treasury Stock	(45M)	(56M)	(59M)	(79M)	(90.9M)	(95.4M)
Property Plant Equipment	763M	757M	1.2B	1.2B	1.0B	640.7M
Intangible Assets	475M	428M	611M	712M	672M	403.0M
Other Current Assets	1.4B	6.8B	6.4B	6.9B	10.4B	9.8B
Net Tangible Assets	8.1B	8.4B	11.5B	9.3B	10.7B	7.6B
Retained Earnings Total Equity	2.1B	1.9B	2.2B	3.4B	3.9B	4.1B
Long Term Debt Total	9.8B	8.4B	7.1B	9.7B	11.1B	7.3B

Pair Trading with Huntington Bancshares

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

Moving together with Huntington Stock

0.95	AX	Axos Financial	Pair Corr
0.93	BY	Byline Bancorp Fiscal Year End 23rd of January 2025	Pair Corr
0.64	KB	KB Financial Group	Pair Corr

Moving against Huntington Stock

0.69	CFG-PE	Citizens Financial	Pair Corr
0.68	TFC-PO	Truist Financial	Pair Corr
0.64	TFC-PR	Truist Financial	Pair Corr
0.33	WF	Woori Financial Group	Pair Corr

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

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

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:

How To Invest In Huntington

Details

Is Huntington Stock a good investment?

Details

What is Huntington Bancshares' Net Worth?

Details

Largest Regional Banks Companies

View

Largest Banks - Regional Companies

View

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 nation.

You can also try the Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.

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

Earnings Share

1.03

Revenue Per Share

4.613

Quarterly Revenue Growth

(0.01)

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.

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

Huntington Earning Assets vs Net Invested Capital Analysis

Earning Assets vs Net Invested Capital

Earning Assets vs Net Invested Capital Correlation Analysis

Correlation Coefficient

Earning Assets

Net Invested Capital

Huntington Bancshares fundamental ratios Correlations

Huntington Bancshares Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Huntington Bancshares fundamental ratios Accounts

Pair Trading with Huntington Bancshares

Moving together with Huntington Stock

Moving against Huntington Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Stockholder Equity	+ 1.0	Total Assets
Total Liab	+ 1.0	Total Assets
Common Stock	+ 1.0	Common Stock Total Equity
Accounts Payable	+ 0.99	Total Assets
Total Liab	+ 0.99	Total Stockholder Equity
Accounts Payable	+ 0.99	Total Liab

Short Term Debt	- 1.0	Other Current Liab
Total Current Liabilities	- 0.9	Other Current Liab
Net Debt	- 0.84	Other Current Liab
Common Stock	- 0.71	Common Stock Shares Outstanding
Common Stock Total Equity	- 0.71	Common Stock Shares Outstanding
Non Currrent Assets Other	- 0.67	Property Plant And Equipment Net