HEG Cash vs Other Current Liab Analysis

HEG Stock   533.00  22.80  4.47%   
HEG financial indicator trend analysis is much more than just examining HEG Limited latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether HEG Limited is a good investment. Please check the relationship between HEG Cash and its Other Current Liab accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in HEG Limited. 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.

Cash vs Other Current Liab

Cash vs Other Current Liab Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of HEG Limited Cash account and Other Current Liab. At this time, the significance of the direction appears to have weak contrarian relationship.
CashOther Current LiabDiversified AwayCashOther Current LiabDiversified Away100%
The correlation between HEG's Cash and Other Current Liab is -0.17. Overlapping area represents the amount of variation of Cash that can explain the historical movement of Other Current Liab in the same time period over historical financial statements of HEG Limited, assuming nothing else is changed. The correlation between historical values of HEG's Cash and Other Current 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 Cash of HEG Limited are associated (or correlated) with its Other Current Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Liab has no effect on the direction of Cash i.e., HEG's Cash and Other Current Liab go up and down completely randomly.

Correlation Coefficient

-0.17
Relationship DirectionNegative 
Relationship StrengthInsignificant

Cash

Cash refers to the most liquid asset of HEG Limited, which is listed under current asset account on HEG Limited balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from HEG customers. The amounts must be unrestricted with restricted cash listed in a different HEG account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.

Other Current Liab

Most indicators from HEG's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into HEG Limited 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 HEG Limited. 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.
As of January 3, 2025, Selling General Administrative is expected to decline to about 200.1 M. In addition to that, Tax Provision is expected to decline to about 715.6 M
 2022 2023 2024 2025 (projected)
Interest Expense260.1M357.4M321.6M338.0M
Depreciation And Amortization1.0B1.7B2.0B2.1B

HEG fundamental ratios Correlations

-0.380.490.620.870.62-0.430.870.760.350.720.320.780.320.440.81-0.670.850.08-0.320.250.950.19-0.07-0.470.04
-0.380.140.33-0.53-0.230.99-0.54-0.4-0.21-0.340.04-0.49-0.11-0.23-0.480.55-0.24-0.050.150.73-0.340.750.290.320.09
0.490.140.760.40.380.170.360.39-0.170.310.470.260.560.130.28-0.50.590.26-0.040.570.550.55-0.17-0.220.23
0.620.330.760.390.40.330.350.49-0.110.360.310.260.460.190.32-0.480.580.2-0.110.80.630.82-0.15-0.180.28
0.87-0.530.40.390.79-0.571.00.870.520.890.450.850.260.660.75-0.730.920.06-0.280.080.820.04-0.05-0.79-0.16
0.62-0.230.380.40.79-0.290.770.790.660.930.70.62-0.020.880.45-0.50.75-0.20.250.310.480.230.18-0.83-0.47
-0.430.990.170.33-0.57-0.29-0.58-0.44-0.34-0.39-0.02-0.53-0.07-0.31-0.50.5-0.28-0.010.140.69-0.370.750.160.350.17
0.87-0.540.360.351.00.77-0.580.860.550.880.440.870.230.650.77-0.680.910.04-0.290.070.820.01-0.01-0.78-0.17
0.76-0.40.390.490.870.79-0.440.860.540.750.450.780.420.720.66-0.630.810.21-0.080.280.770.140.03-0.76-0.08
0.35-0.21-0.17-0.110.520.66-0.340.550.540.60.570.47-0.180.80.270.090.48-0.240.090.070.25-0.150.71-0.62-0.65
0.72-0.340.310.360.890.93-0.390.880.750.60.60.72-0.10.790.57-0.60.8-0.290.020.170.560.170.07-0.83-0.44
0.320.040.470.310.450.7-0.020.440.450.570.60.250.050.750.08-0.160.53-0.260.210.40.230.250.53-0.61-0.67
0.78-0.490.260.260.850.62-0.530.870.780.470.720.250.080.410.96-0.510.71-0.08-0.110.040.77-0.09-0.04-0.59-0.01
0.32-0.110.560.460.26-0.02-0.070.230.42-0.18-0.10.050.080.010.1-0.380.410.84-0.460.280.540.19-0.15-0.10.48
0.44-0.230.130.190.660.88-0.310.650.720.80.790.750.410.010.19-0.320.61-0.10.150.190.30.10.4-0.84-0.7
0.81-0.480.280.320.750.45-0.50.770.660.270.570.080.960.10.19-0.510.6-0.06-0.150.020.8-0.09-0.17-0.360.16
-0.670.55-0.5-0.48-0.73-0.50.5-0.68-0.630.09-0.6-0.16-0.51-0.38-0.32-0.51-0.61-0.170.250.07-0.62-0.090.610.46-0.11
0.85-0.240.590.580.920.75-0.280.910.810.480.80.530.710.410.610.6-0.610.17-0.370.380.850.320.06-0.73-0.08
0.08-0.050.260.20.06-0.2-0.010.040.21-0.24-0.29-0.26-0.080.84-0.1-0.06-0.170.17-0.420.110.310.08-0.210.030.48
-0.320.15-0.04-0.11-0.280.250.14-0.29-0.080.090.020.21-0.11-0.460.15-0.150.25-0.37-0.420.07-0.45-0.050.170.04-0.28
0.250.730.570.80.080.310.690.070.280.070.170.40.040.280.190.020.070.380.110.070.30.90.29-0.150.13
0.95-0.340.550.630.820.48-0.370.820.770.250.560.230.770.540.30.8-0.620.850.31-0.450.30.2-0.09-0.410.24
0.190.750.550.820.040.230.750.010.14-0.150.170.25-0.090.190.1-0.09-0.090.320.08-0.050.90.20.0-0.10.15
-0.070.29-0.17-0.15-0.050.180.16-0.010.030.710.070.53-0.04-0.150.4-0.170.610.06-0.210.170.29-0.090.0-0.15-0.51
-0.470.32-0.22-0.18-0.79-0.830.35-0.78-0.76-0.62-0.83-0.61-0.59-0.1-0.84-0.360.46-0.730.030.04-0.15-0.41-0.1-0.150.46
0.040.090.230.28-0.16-0.470.17-0.17-0.08-0.65-0.44-0.67-0.010.48-0.70.16-0.11-0.080.48-0.280.130.240.15-0.510.46
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HEG Account Relationship Matchups

HEG fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets42.4B53.1B56.9B57.0B65.6B32.8B
Short Long Term Debt Total3.0B6.6B7.4B6.2B5.6B6.2B
Other Current Liab(59.9M)1.6B3.0B1.0B1.2B1.3B
Total Current Liabilities6.4B12.9B13.2B11.7B13.4B8.1B
Total Stockholder Equity35.0B39.1B42.8B44.3B50.9B53.4B
Property Plant And Equipment Net10.6B14.5B18.3B20.2B23.2B24.4B
Net Debt2.8B6.2B7.1B4.9B4.4B5.9B
Retained Earnings33.3B37.5B41.1B42.6B49.0B51.5B
Accounts Payable2.6B4.5B2.6B4.3B4.9B5.1B
Cash213.7M410.4M333M1.4B1.2B1.3B
Non Current Assets Total21.7B23.0B28.4B30.7B35.3B37.1B
Non Currrent Assets Other47.1M47.1M860M1.7B2.0B2.1B
Cash And Short Term Investments10.5B12.5B8.4B7.1B8.2B8.6B
Net Receivables3.2B5.9B5.3B5.1B5.8B5.8B
Short Term Investments10.3B12.1B8.0B5.7B6.6B3.3B
Liabilities And Stockholders Equity42.4B53.1B56.9B57.0B65.6B32.8B
Non Current Liabilities Total1.1B1.1B949.3M1.1B970.8M922.2M
Inventory5.8B9.8B14.4B11.9B13.7B14.4B
Other Current Assets1.5B1.9B1.6B2.2B2.6B3.8B
Total Liab7.5B13.9B14.1B12.8B14.7B12.8B
Total Current Assets20.7B30.1B28.5B26.3B30.2B16.8B
Accumulated Other Comprehensive Income(9.7B)1.3B1.3B1.2B1.4B1.5B
Short Term Debt3.0B6.6B7.4B6.2B7.1B6.4B
Intangible Assets2.0M998K3.4M12.3M11.1M9.1M
Current Deferred Revenue891.9M1.7B1.4B65.7M75.6M71.8M
Other Assets2.9B1K860M42K48.3K45.9K
Other Liab1.3B1.1B1.0B1.1B1.2B1.1B
Net Tangible Assets37.9B35.1B34.9B39.1B45.0B25.2B
Short Long Term Debt3.0B6.6B7.4B6.2B7.1B5.6B
Property Plant Equipment8.4B10.6B14.5B18.3B21.0B11.8B
Long Term Debt Total11.4M8.1M7.8M13.8M12.4M11.8M
Capital Lease Obligations15.4M12.8M16.6M33M38.0M39.8M
Non Current Liabilities Other39.2M63.4M36.9M41.7M48.0M35.2M
Net Invested Capital37.9B45.8B50.2B50.5B58.0B45.9B

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Other Information on Investing in HEG Stock

Balance Sheet is a snapshot of the financial position of HEG Limited at a specified time, usually calculated after every quarter, six months, or one year. HEG Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of HEG 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 HEG currently owns. An asset can also be divided into two categories, current and non-current.