HEICO Net Debt vs Cash Analysis

HEI-A Stock

USD 211.13 0.77 0.37%

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

For information on how to trade HEICO Stock refer to our How to Trade HEICO Stock guide.

Net Debt vs Cash

Net Debt vs Cash Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of HEICO Net Debt account and Cash. At this time, the significance of the direction appears to have fragmental relationship.

The correlation between HEICO's Net Debt and Cash is 0.43. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Cash in the same time period over historical financial statements of HEICO, assuming nothing else is changed. The correlation between historical values of HEICO's Net Debt and Cash is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Debt of HEICO are associated (or correlated) with its Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash has no effect on the direction of Net Debt i.e., HEICO's Net Debt and Cash go up and down completely randomly.

Correlation Coefficient

0.43

Relationship Direction	Positive
Relationship Strength	Weak

View All Relationships

Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.

Cash

Cash refers to the most liquid asset of HEICO, which is listed under current asset account on HEICO balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from HEICO customers. The amounts must be unrestricted with restricted cash listed in a different HEICO 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.

Most indicators from HEICO's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into HEICO 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 HEICO. 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.

For information on how to trade HEICO Stock refer to our How to Trade HEICO Stock guide.At present, HEICO's Selling General Administrative is projected to increase significantly based on the last few years of reporting. The current year's Sales General And Administrative To Revenue is expected to grow to 0.21, whereas Tax Provision is forecasted to decline to about 84.9 M.

	2021	2022	2023	2024 (projected)
Interest Expense	6.4M	73.0M	83.9M	88.1M
Depreciation And Amortization	95.3M	128.5M	147.8M	155.2M

Interest Expense Depreciation And Amortization

HEICO fundamental ratios Correlations

	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	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Short Term Debt	Intangible Assets	Accounts Payable	Common Stock	Current Deferred Revenue	Common Stock Total Equity
Total Assets		0.94	0.98	0.99	0.97	1.0	0.92	0.96	0.62	1.0	0.83	0.62	1.0	0.46	0.97	1.0	0.57	0.96	0.98	1.0	0.96	1.0	0.98	0.84	0.53	0.81
Short Long Term Debt Total	0.94		0.89	0.94	0.84	0.96	1.0	0.82	0.51	0.95	0.6	0.51	0.93	0.33	0.99	0.95	0.58	0.91	0.99	0.93	0.92	0.95	0.95	0.66	0.39	0.66
Other Current Liab	0.98	0.89		0.96	0.97	0.97	0.87	0.96	0.63	0.98	0.87	0.63	0.97	0.49	0.93	0.98	0.54	0.93	0.94	0.97	0.96	0.97	0.94	0.85	0.45	0.82
Total Current Liabilities	0.99	0.94	0.96		0.96	0.99	0.93	0.94	0.53	0.99	0.79	0.53	1.0	0.47	0.96	1.0	0.6	0.97	0.97	0.98	0.94	0.99	0.99	0.82	0.53	0.84
Total Stockholder Equity	0.97	0.84	0.97	0.96		0.95	0.81	1.0	0.67	0.97	0.93	0.67	0.97	0.52	0.89	0.97	0.5	0.93	0.91	0.98	0.92	0.96	0.94	0.92	0.59	0.87
Property Plant And Equipment Net	1.0	0.96	0.97	0.99	0.95		0.95	0.94	0.56	1.0	0.78	0.56	0.99	0.43	0.98	1.0	0.6	0.96	0.99	0.98	0.96	0.99	0.99	0.8	0.49	0.81
Net Debt	0.92	1.0	0.87	0.93	0.81	0.95		0.78	0.43	0.93	0.55	0.43	0.91	0.31	0.98	0.93	0.59	0.9	0.98	0.9	0.9	0.93	0.94	0.62	0.37	0.65
Retained Earnings	0.96	0.82	0.96	0.94	1.0	0.94	0.78		0.69	0.95	0.94	0.69	0.96	0.48	0.87	0.95	0.45	0.89	0.89	0.97	0.92	0.95	0.92	0.92	0.61	0.86
Cash	0.62	0.51	0.63	0.53	0.67	0.56	0.43	0.69		0.6	0.71	1.0	0.57	0.34	0.57	0.6	0.18	0.51	0.57	0.69	0.64	0.59	0.5	0.69	0.4	0.31
Non Current Assets Total	1.0	0.95	0.98	0.99	0.97	1.0	0.93	0.95	0.6		0.82	0.6	1.0	0.46	0.97	1.0	0.57	0.96	0.98	0.99	0.96	1.0	0.98	0.83	0.53	0.82
Non Currrent Assets Other	0.83	0.6	0.87	0.79	0.93	0.78	0.55	0.94	0.71	0.82		0.71	0.83	0.53	0.69	0.81	0.34	0.76	0.71	0.85	0.79	0.8	0.75	0.92	0.65	0.81
Cash And Short Term Investments	0.62	0.51	0.63	0.53	0.67	0.56	0.43	0.69	1.0	0.6	0.71		0.57	0.34	0.57	0.6	0.18	0.51	0.57	0.69	0.64	0.59	0.5	0.69	0.4	0.31
Net Receivables	1.0	0.93	0.97	1.0	0.97	0.99	0.91	0.96	0.57	1.0	0.83	0.57		0.49	0.96	1.0	0.58	0.97	0.97	0.99	0.94	0.99	0.99	0.85	0.54	0.85
Common Stock Shares Outstanding	0.46	0.33	0.49	0.47	0.52	0.43	0.31	0.48	0.34	0.46	0.53	0.34	0.49		0.4	0.46	0.49	0.61	0.41	0.48	0.3	0.45	0.49	0.61	0.21	0.56
Non Current Liabilities Total	0.97	0.99	0.93	0.96	0.89	0.98	0.98	0.87	0.57	0.97	0.69	0.57	0.96	0.4		0.97	0.58	0.94	1.0	0.96	0.94	0.97	0.96	0.74	0.44	0.71
Inventory	1.0	0.95	0.98	1.0	0.97	1.0	0.93	0.95	0.6	1.0	0.81	0.6	1.0	0.46	0.97		0.58	0.96	0.98	0.99	0.96	1.0	0.99	0.84	0.52	0.82
Other Current Assets	0.57	0.58	0.54	0.6	0.5	0.6	0.59	0.45	0.18	0.57	0.34	0.18	0.58	0.49	0.58	0.58		0.7	0.58	0.57	0.54	0.54	0.59	0.31	0.17	0.38
Other Stockholder Equity	0.96	0.91	0.93	0.97	0.93	0.96	0.9	0.89	0.51	0.96	0.76	0.51	0.97	0.61	0.94	0.96	0.7		0.95	0.95	0.88	0.96	0.98	0.81	0.46	0.82
Total Liab	0.98	0.99	0.94	0.97	0.91	0.99	0.98	0.89	0.57	0.98	0.71	0.57	0.97	0.41	1.0	0.98	0.58	0.95		0.97	0.95	0.98	0.97	0.76	0.46	0.74
Total Current Assets	1.0	0.93	0.97	0.98	0.98	0.98	0.9	0.97	0.69	0.99	0.85	0.69	0.99	0.48	0.96	0.99	0.57	0.95	0.97		0.96	0.99	0.97	0.86	0.53	0.8
Short Term Debt	0.96	0.92	0.96	0.94	0.92	0.96	0.9	0.92	0.64	0.96	0.79	0.64	0.94	0.3	0.94	0.96	0.54	0.88	0.95	0.96		0.95	0.91	0.73	0.47	0.69
Intangible Assets	1.0	0.95	0.97	0.99	0.96	0.99	0.93	0.95	0.59	1.0	0.8	0.59	0.99	0.45	0.97	1.0	0.54	0.96	0.98	0.99	0.95		0.99	0.83	0.55	0.82
Accounts Payable	0.98	0.95	0.94	0.99	0.94	0.99	0.94	0.92	0.5	0.98	0.75	0.5	0.99	0.49	0.96	0.99	0.59	0.98	0.97	0.97	0.91	0.99		0.82	0.5	0.85
Common Stock	0.84	0.66	0.85	0.82	0.92	0.8	0.62	0.92	0.69	0.83	0.92	0.69	0.85	0.61	0.74	0.84	0.31	0.81	0.76	0.86	0.73	0.83	0.82		0.61	0.89
Current Deferred Revenue	0.53	0.39	0.45	0.53	0.59	0.49	0.37	0.61	0.4	0.53	0.65	0.4	0.54	0.21	0.44	0.52	0.17	0.46	0.46	0.53	0.47	0.55	0.5	0.61		0.59
Common Stock Total Equity	0.81	0.66	0.82	0.84	0.87	0.81	0.65	0.86	0.31	0.82	0.81	0.31	0.85	0.56	0.71	0.82	0.38	0.82	0.74	0.8	0.69	0.82	0.85	0.89	0.59

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HEICO Account Relationship Matchups

High Positive Relationship

Property Plant And Equipment Net	+ 1.0	Total Assets
Non Current Assets Total	+ 1.0	Total Assets
Net Receivables	+ 1.0	Total Assets
Inventory	+ 1.0	Total Assets
Total Current Assets	+ 1.0	Total Assets
Intangible Assets	+ 1.0	Total Assets

High Negative Relationship

Not Found

HEICO fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	3.5B	3.5B	4.1B	7.2B	8.3B	8.7B
Short Long Term Debt Total	739.8M	236.5M	290.3M	2.5B	2.9B	3.0B
Other Current Liab	205.5M	281.4M	216.8M	377.9M	434.6M	456.4M
Total Current Liabilities	241.2M	294.9M	420.9M	665.3M	765.1M	803.4M
Total Stockholder Equity	2.0B	2.3B	2.6B	3.1B	3.6B	3.8B
Property Plant And Equipment Net	168.8M	193.6M	225.9M	443.2M	509.7M	535.2M
Net Debt	333.0M	128.2M	150.8M	2.3B	2.7B	2.8B
Retained Earnings	1.7B	1.9B	2.3B	2.6B	3.0B	3.1B
Cash	406.9M	108.3M	139.5M	171.0M	196.7M	206.5M
Non Current Assets Total	2.4B	2.6B	2.9B	5.3B	6.1B	6.4B
Non Currrent Assets Other	251.0M	334.7M	311.1M	264.9M	304.6M	319.9M
Cash And Short Term Investments	406.9M	108.3M	139.5M	171.0M	196.7M	206.5M
Net Receivables	270.9M	325.0M	388.8M	620.8M	713.9M	749.6M
Common Stock Shares Outstanding	137.3M	137.9M	138.0M	138.9M	159.7M	121.7M
Liabilities And Stockholders Equity	3.5B	3.5B	4.1B	7.2B	8.3B	8.7B
Non Current Liabilities Total	1.3B	906.6M	698.7M	3.0B	3.4B	3.6B
Inventory	463.2M	478.1M	582.5M	1.0B	1.2B	1.2B
Other Current Assets	24.7M	26.0M	41.9M	49.8M	57.3M	60.2M
Other Stockholder Equity	299.9M	320.7M	397.3M	578.8M	665.6M	698.9M
Total Liab	1.5B	1.2B	1.1B	3.6B	4.2B	4.4B
Total Current Assets	1.2B	937.4M	1.2B	1.9B	2.1B	2.2B
Short Term Debt	15.2M	15.4M	16.3M	38.3M	44.0M	46.3M
Intangible Assets	579.0M	582.3M	733.3M	1.4B	1.6B	1.6B
Accounts Payable	76.2M	85.5M	116.6M	205.9M	236.8M	248.6M
Accumulated Other Comprehensive Income	(9.1M)	(8.6M)	(46.5M)	(40.2M)	(36.2M)	(34.4M)
Common Stock	1.4M	1.4M	1.4M	1.4M	1.6M	1.7M
Current Deferred Revenue	25.6M	32.7M	58.8M	34.7M	39.9M	41.9M
Common Stock Total Equity	1.3M	542K	1.4M	1.4M	1.6M	1.6M
Property Plant And Equipment Gross	168.8M	450.6M	503.0M	634.7M	729.9M	766.4M
Good Will	1.4B	1.5B	1.7B	3.3B	3.8B	4.0B
Net Tangible Assets	18.0M	264.2M	528.0M	(1.5B)	(1.3B)	(1.3B)
Warrants	132.0M	188.3M	252.6M	327.6M	376.7M	395.6M
Noncontrolling Interest In Consolidated Entity	104.8M	28.1M	33.9M	42.2M	38.0M	58.3M
Retained Earnings Total Equity	1.1B	1.4B	1.9B	2.3B	2.6B	2.7B
Long Term Debt Total	531.6M	561.0M	235.0M	288.6M	259.8M	339.6M
Capital Surpluse	321.0M	284.6M	320.7M	397.3M	456.9M	338.3M
Deferred Long Term Liab	46.6M	51.5M	40.8M	71.2M	64.0M	64.5M
Non Current Liabilities Other	280.3M	378.3M	338.9M	379.6M	436.6M	225.6M
Property Plant Equipment	226.0M	193.6M	225.9M	443.2M	509.7M	535.2M

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When determining whether HEICO offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of HEICO's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Heico Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Heico Stock:

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Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in HEICO. 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.

For information on how to trade HEICO Stock refer to our How to Trade HEICO Stock guide.

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Please note, there is a significant difference between HEICO's value and its price as these two are different measures arrived at by different means. Investors typically determine if HEICO is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, HEICO'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.

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HEICO Net Debt vs Cash Analysis

Net Debt vs Cash

Net Debt vs Cash Correlation Analysis

Correlation Coefficient

Net Debt

Cash

HEICO fundamental ratios Correlations

HEICO Account Relationship Matchups

High Positive Relationship

High Negative Relationship

HEICO fundamental ratios Accounts

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