HEES Stock | | | USD 87.56 0.06 0.07% |
HE Equipment financial indicator trend analysis is much more than just examining HE Equipment Services latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether HE Equipment Services is a good investment. Please check the relationship between HE Equipment Discontinued Operations and its Total Revenue accounts. Check out
Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in HE Equipment Services. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in income.
Discontinued Operations vs Total Revenue
Discontinued Operations vs Total Revenue Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
HE Equipment Services Discontinued Operations account and
Total Revenue. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between HE Equipment's Discontinued Operations and Total Revenue is -0.52. Overlapping area represents the amount of variation of Discontinued Operations that can explain the historical movement of Total Revenue in the same time period over historical financial statements of HE Equipment Services, assuming nothing else is changed. The correlation between historical values of HE Equipment's Discontinued Operations and Total Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Discontinued Operations of HE Equipment Services are associated (or correlated) with its Total Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Revenue has no effect on the direction of Discontinued Operations i.e., HE Equipment's Discontinued Operations and Total Revenue go up and down completely randomly.
Correlation Coefficient | -0.52 |
Relationship Direction | Negative |
Relationship Strength | Very Weak |
Discontinued Operations
Total Revenue
Total revenue comprises all receipts HE Equipment Services generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.
Most indicators from HE Equipment's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into HE Equipment Services 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 HE Equipment Services. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in income.
At this time, HE Equipment's
Selling General Administrative is comparatively stable compared to the past year.
Tax Provision is likely to gain to about 65.1
M in 2025, despite the fact that Discontinued Operations is likely to grow to (1.3
M).
| 2022 | 2023 | 2024 | 2025 (projected) |
Gross Profit | 555.2M | 684.5M | 787.1M | 826.5M | Total Revenue | 1.2B | 1.5B | 1.7B | 980.4M |
HE Equipment fundamental ratios Correlations
Click cells to compare fundamentals
HE Equipment Account Relationship Matchups
High Positive Relationship
High Negative Relationship
HE Equipment fundamental ratios Accounts
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Additional Tools for HEES Stock Analysis
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measure HE Equipment'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 HE Equipment is operating at the current time. Most of HE Equipment's value examination focuses on studying past and present price action to
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