HEG Total Revenue vs Operating Income Analysis

HEG Stock   530.95  1.35  0.25%   
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 Total Revenue and its Operating Income 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.

Total Revenue vs Operating Income

Total Revenue vs Operating Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of HEG Limited Total Revenue account and Operating Income. At this time, the significance of the direction appears to have almost identical trend.
The correlation between HEG's Total Revenue and Operating Income is 0.95. Overlapping area represents the amount of variation of Total Revenue that can explain the historical movement of Operating Income 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 Total Revenue and Operating Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Revenue of HEG Limited are associated (or correlated) with its Operating Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Operating Income has no effect on the direction of Total Revenue i.e., HEG's Total Revenue and Operating Income go up and down completely randomly.

Correlation Coefficient

0.95
Relationship DirectionPositive 
Relationship StrengthVery Strong

Total Revenue

Total revenue comprises all receipts HEG Limited 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.

Operating Income

Operating Income is the amount of profit realized from HEG Limited operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of HEG Limited is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.
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 December 24, 2024, Selling General Administrative is expected to decline to about 222.3 M. In addition to that, Tax Provision is expected to decline to about 795.1 M
 2021 2022 2023 2024 (projected)
Interest Expense74.2M260.1M357.4M338.0M
Depreciation And Amortization789.1M1.0B1.7B1.8B

HEG fundamental ratios Correlations

-0.350.510.570.890.71-0.370.890.740.190.830.170.80.350.260.82-0.680.940.13-0.410.170.950.15-0.21-0.310.26
-0.350.160.4-0.53-0.120.99-0.53-0.37-0.16-0.280.14-0.47-0.1-0.17-0.460.54-0.15-0.070.170.8-0.30.790.340.280.04
0.510.160.780.40.450.20.350.4-0.220.320.490.240.560.080.27-0.490.620.27-0.050.570.560.54-0.2-0.180.29
0.570.40.780.340.520.430.30.46-0.260.410.240.220.470.050.28-0.460.650.23-0.140.790.590.82-0.24-0.040.44
0.89-0.530.40.340.61-0.541.00.840.410.750.280.850.280.530.78-0.730.810.1-0.360.00.84-0.01-0.18-0.680.02
0.71-0.120.450.520.61-0.170.60.570.310.850.380.56-0.070.470.55-0.460.63-0.240.240.270.530.23-0.05-0.2-0.07
-0.370.990.20.43-0.54-0.17-0.56-0.39-0.27-0.320.1-0.5-0.06-0.23-0.480.48-0.18-0.030.160.78-0.320.810.230.280.09
0.89-0.530.350.31.00.6-0.560.820.460.750.280.870.250.520.8-0.680.80.07-0.37-0.020.83-0.05-0.13-0.670.0
0.74-0.370.40.460.840.57-0.390.820.430.50.270.760.470.590.68-0.630.640.28-0.150.220.780.1-0.09-0.640.14
0.19-0.16-0.22-0.260.410.31-0.270.460.430.250.480.39-0.20.790.20.170.17-0.220.07-0.010.13-0.210.68-0.58-0.6
0.83-0.280.320.410.750.85-0.320.750.50.250.250.67-0.180.360.68-0.580.71-0.35-0.090.050.620.13-0.17-0.26-0.07
0.170.140.490.240.280.380.10.280.270.480.250.130.050.650.0-0.080.25-0.260.190.360.110.230.49-0.46-0.6
0.8-0.470.240.220.850.56-0.50.870.760.390.670.130.070.30.97-0.480.63-0.07-0.14-0.010.77-0.13-0.11-0.50.11
0.35-0.10.560.470.28-0.07-0.060.250.47-0.2-0.180.050.07-0.010.1-0.390.470.85-0.470.280.570.19-0.16-0.10.52
0.26-0.170.080.050.530.47-0.230.520.590.790.360.650.3-0.010.11-0.270.23-0.070.130.090.170.040.35-0.74-0.65
0.82-0.460.270.280.780.55-0.480.80.680.20.680.00.970.10.11-0.490.65-0.04-0.17-0.020.8-0.12-0.22-0.310.26
-0.680.54-0.49-0.46-0.73-0.460.48-0.68-0.630.17-0.58-0.08-0.48-0.39-0.27-0.49-0.56-0.190.270.11-0.61-0.070.690.42-0.2
0.94-0.150.620.650.810.63-0.180.80.640.170.710.250.630.470.230.65-0.560.23-0.520.340.930.31-0.1-0.280.29
0.13-0.070.270.230.1-0.24-0.030.070.28-0.22-0.35-0.26-0.070.85-0.07-0.04-0.190.23-0.420.130.360.09-0.2-0.010.49
-0.410.17-0.05-0.14-0.360.240.16-0.37-0.150.07-0.090.19-0.14-0.470.13-0.170.27-0.52-0.420.05-0.51-0.060.160.09-0.27
0.170.80.570.790.00.270.78-0.020.22-0.010.050.36-0.010.280.09-0.020.110.340.130.050.250.910.26-0.050.23
0.95-0.30.560.590.840.53-0.320.830.780.130.620.110.770.570.170.8-0.610.930.36-0.510.250.17-0.19-0.290.42
0.150.790.540.82-0.010.230.81-0.050.1-0.210.130.23-0.130.190.04-0.12-0.070.310.09-0.060.910.17-0.02-0.040.21
-0.210.34-0.2-0.24-0.18-0.050.23-0.13-0.090.68-0.170.49-0.11-0.160.35-0.220.69-0.1-0.20.160.26-0.19-0.02-0.05-0.47
-0.310.28-0.18-0.04-0.68-0.20.28-0.67-0.64-0.58-0.26-0.46-0.5-0.1-0.74-0.310.42-0.28-0.010.09-0.05-0.29-0.04-0.050.35
0.260.040.290.440.02-0.070.090.00.14-0.6-0.07-0.60.110.52-0.650.26-0.20.290.49-0.270.230.420.21-0.470.35
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HEG Account Relationship Matchups

HEG fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets44.4B42.4B53.1B56.9B57.0B32.8B
Short Long Term Debt Total5.9B3.0B6.6B7.4B6.2B6.2B
Other Current Liab(45.3M)(59.9M)1.6B3.0B1.0B1.1B
Total Current Liabilities8.2B6.4B12.9B13.2B11.7B8.1B
Total Stockholder Equity35.1B35.0B39.1B42.8B44.3B46.5B
Property Plant And Equipment Net8.4B10.6B14.5B18.3B20.2B10.8B
Net Debt5.6B2.8B6.2B7.1B4.9B5.9B
Retained Earnings33.5B33.3B37.5B41.1B42.6B44.8B
Accounts Payable1.3B2.6B4.5B2.6B4.3B4.5B
Cash328.0M213.7M410.4M333M1.4B1.4B
Non Current Assets Total23.8B21.7B23.0B28.4B30.7B15.5B
Non Currrent Assets Other50.0M47.1M47.1M860M1.7B1.8B
Cash And Short Term Investments3.2B10.5B12.5B8.4B7.1B7.5B
Net Receivables4.0B3.2B5.9B5.3B5.1B5.8B
Short Term Investments2.9B10.3B12.1B8.0B5.7B3.3B
Liabilities And Stockholders Equity44.4B42.4B53.1B56.9B57.0B32.8B
Non Current Liabilities Total1.1B1.1B1.1B949.3M1.1B1.0B
Inventory10.1B5.8B9.8B14.4B11.9B6.8B
Other Current Assets415.6M1.5B1.9B1.6B2.2B3.8B
Other Stockholder Equity(47.0B)(44.8B)1.0(381K)2K2.1K
Total Liab9.3B7.5B13.9B14.1B12.8B12.8B
Total Current Assets20.6B20.7B30.1B28.5B26.3B16.8B
Accumulated Other Comprehensive Income(9.0B)(9.7B)1.3B1.3B1.2B1.3B
Short Term Debt5.9B3.0B6.6B7.4B6.2B6.4B
Intangible Assets3.0M2.0M998K3.4M12.3M9.1M
Current Deferred Revenue886.6M891.9M1.7B1.4B65.7M62.4M
Other Assets(1K)2.9B1K860M42K39.9K
Other Liab1.3B1.1B1.0B1.1B1.2B1.1B
Net Tangible Assets37.9B35.1B34.9B39.1B45.0B25.2B
Short Long Term Debt5.9B3.0B6.6B7.4B6.2B5.6B
Property Plant Equipment8.4B10.6B14.5B18.3B21.0B11.8B
Long Term Debt Total11.4M8.1M7.8M13.8M12.4M11.8M
Capital Lease Obligations16.4M15.4M12.8M16.6M33M34.7M
Non Current Liabilities Other30.1M39.2M63.4M36.9M41.7M35.2M
Net Invested Capital41.0B37.9B45.8B50.2B50.5B45.9B

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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.