Honeywell Net Receivables vs Non Current Assets Total Analysis

HONAUT Stock   33,576  93.30  0.28%   
Honeywell Automation financial indicator trend analysis is much more than just examining Honeywell Automation latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Honeywell Automation is a good investment. Please check the relationship between Honeywell Automation Net Receivables and its Non Current Assets Total accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Honeywell Automation India. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in employment.

Net Receivables vs Non Current Assets Total

Net Receivables vs Non Current Assets Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Honeywell Automation Net Receivables account and Non Current Assets Total. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Honeywell Automation's Net Receivables and Non Current Assets Total is 0.81. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Non Current Assets Total in the same time period over historical financial statements of Honeywell Automation India, assuming nothing else is changed. The correlation between historical values of Honeywell Automation's Net Receivables and Non Current Assets Total 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 Receivables of Honeywell Automation India are associated (or correlated) with its Non Current Assets Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Assets Total has no effect on the direction of Net Receivables i.e., Honeywell Automation's Net Receivables and Non Current Assets Total go up and down completely randomly.

Correlation Coefficient

0.81
Relationship DirectionPositive 
Relationship StrengthStrong

Net Receivables

Non Current Assets Total

The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.
Most indicators from Honeywell Automation's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Honeywell Automation 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 Honeywell Automation India. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in employment.
The current year's Selling General Administrative is expected to grow to about 3.6 B, whereas Tax Provision is forecasted to decline to about 1.6 B.
 2021 2022 2023 2025 (projected)
Gross Profit13.9B16.1B17.3B10.3B
Total Revenue29.4B34.5B40.6B21.9B

Honeywell Automation fundamental ratios Correlations

-0.670.90.81.00.76-0.740.990.710.770.60.370.98-0.610.340.370.64-0.1-0.010.81.0-0.52-0.620.840.510.72
-0.67-0.78-0.31-0.71-0.320.45-0.72-0.15-0.48-0.07-0.61-0.770.46-0.45-0.14-0.360.25-0.14-0.31-0.690.070.47-0.44-0.52-0.29
0.9-0.780.660.910.56-0.670.920.520.690.410.480.92-0.560.360.170.630.00.140.650.9-0.45-0.560.720.610.51
0.8-0.310.660.750.88-0.410.740.970.370.870.450.74-0.090.550.360.670.020.091.00.78-0.66-0.10.980.40.8
1.0-0.710.910.750.73-0.771.00.650.80.550.360.99-0.640.30.360.65-0.13-0.020.761.0-0.48-0.650.810.520.67
0.76-0.320.560.880.73-0.330.720.850.320.830.520.7-0.10.570.630.61-0.17-0.070.90.74-0.53-0.110.910.280.84
-0.740.45-0.67-0.41-0.77-0.33-0.78-0.3-0.98-0.170.19-0.760.670.33-0.14-0.580.170.21-0.41-0.760.280.69-0.46-0.29-0.24
0.99-0.720.920.741.00.72-0.780.630.80.530.360.99-0.640.290.370.66-0.15-0.040.740.99-0.47-0.650.80.520.66
0.71-0.150.520.970.650.85-0.30.630.270.910.360.62-0.050.530.370.530.090.080.970.68-0.66-0.060.910.320.84
0.77-0.480.690.370.80.32-0.980.80.270.15-0.190.78-0.79-0.320.160.53-0.16-0.210.380.78-0.25-0.810.430.320.26
0.6-0.070.410.870.550.83-0.170.530.910.150.380.490.010.520.220.540.1-0.070.860.57-0.810.010.810.120.73
0.37-0.610.480.450.360.520.190.360.36-0.190.380.40.160.880.20.2-0.20.160.460.37-0.210.160.530.310.37
0.98-0.770.920.740.990.7-0.760.990.620.780.490.4-0.610.340.370.65-0.140.040.740.99-0.41-0.620.80.560.66
-0.610.46-0.56-0.09-0.64-0.10.67-0.64-0.05-0.790.010.16-0.610.26-0.07-0.180.070.14-0.09-0.620.141.0-0.14-0.27-0.2
0.34-0.450.360.550.30.570.330.290.53-0.320.520.880.340.260.30.20.030.350.560.32-0.250.270.560.370.6
0.37-0.140.170.360.360.63-0.140.370.370.160.220.20.37-0.070.30.1-0.24-0.060.430.380.24-0.080.420.340.67
0.64-0.360.630.670.650.61-0.580.660.530.530.540.20.65-0.180.20.1-0.010.120.660.64-0.59-0.20.690.190.38
-0.10.250.00.02-0.13-0.170.17-0.150.09-0.160.1-0.2-0.140.070.03-0.24-0.010.60.0-0.12-0.120.07-0.060.420.15
-0.01-0.140.140.09-0.02-0.070.21-0.040.08-0.21-0.070.160.040.140.35-0.060.120.60.080.00.10.140.120.420.14
0.8-0.310.651.00.760.9-0.410.740.970.380.860.460.74-0.090.560.430.660.00.080.78-0.61-0.110.980.410.83
1.0-0.690.90.781.00.74-0.760.990.680.780.570.370.99-0.620.320.380.64-0.120.00.78-0.49-0.630.830.530.7
-0.520.07-0.45-0.66-0.48-0.530.28-0.47-0.66-0.25-0.81-0.21-0.410.14-0.250.24-0.59-0.120.1-0.61-0.490.14-0.570.09-0.38
-0.620.47-0.56-0.1-0.65-0.110.69-0.65-0.06-0.810.010.16-0.621.00.27-0.08-0.20.070.14-0.11-0.630.14-0.16-0.27-0.2
0.84-0.440.720.980.810.91-0.460.80.910.430.810.530.8-0.140.560.420.69-0.060.120.980.83-0.57-0.160.440.78
0.51-0.520.610.40.520.28-0.290.520.320.320.120.310.56-0.270.370.340.190.420.420.410.530.09-0.270.440.58
0.72-0.290.510.80.670.84-0.240.660.840.260.730.370.66-0.20.60.670.380.150.140.830.7-0.38-0.20.780.58
Click cells to compare fundamentals

Honeywell Automation Account Relationship Matchups

Honeywell Automation fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets39.5B40.1B44.5B49.0B56.3B59.1B
Short Long Term Debt Total738.9M557.4M363.4M596M685.4M448.7M
Other Current Liab2.8B3.5B4.4B3.7B4.3B4.5B
Total Current Liabilities12.7B11.1B12.3B12.2B14.0B7.4B
Total Stockholder Equity25.8B28.4B31.9B36.1B41.5B43.5B
Property Plant And Equipment Net2.2B1.8B1.5B1.7B2.0B1.0B
Net Debt(1.6B)(2.3B)(4.4B)(27.6B)(24.9B)(23.6B)
Retained Earnings23.7B26.4B30.0B34.0B39.1B41.1B
Accounts Payable9.5B7.2B7.2B7.6B8.8B5.2B
Cash2.3B2.9B4.8B28.2B32.5B34.1B
Non Current Assets Total4.4B4.3B3.5B3.6B4.1B2.7B
Non Currrent Assets Other17.1B26.0B25.6B1.6B1.8B1.7B
Cash And Short Term Investments18.0B20.1B29.2B28.2B32.5B34.1B
Short Term Investments15.7B17.2B24.4B99M113.9M108.2M
Liabilities And Stockholders Equity39.5B40.1B44.5B49.0B56.3B59.1B
Non Current Liabilities Total988.3M643.1M348.1M693M797.0M421.7M
Inventory954.1M986.1M1.6B1.6B1.8B994.0M
Other Current Assets1.3B1.1B585.3M1.0B1.2B1.9B
Total Liab13.7B11.7B12.6B12.9B14.8B7.8B
Total Current Assets35.1B35.8B41.0B45.4B52.2B54.8B
Accumulated Other Comprehensive Income1.8B1.7B1.7B1.8B2.1B2.2B
Net Receivables14.9B13.7B14.8B14.6B16.8B8.7B
Short Term Debt54.2M(27.3M)188M111M127.7M134.0M
Other Liab374.3M460.2M440.6M279.7M321.7M284.2M
Net Tangible Assets17.5B21.8B25.8B28.4B32.6B19.0B
Other Assets2.9B2.2B2.5B1.3B1.2B1.8B
Property Plant Equipment2.1B2.2B1.8B1.5B1.8B1.5B
Current Deferred Revenue669.6M221.3M347.4M1.3B1.2B661.2M
Long Term Debt Total638.9M547.7M363.4M175.1M201.4M271.1M
Cash And Equivalents413.1M423.1M270M960M864M686.3M
Net Invested Capital25.8B28.4B31.9B36.1B41.5B27.6B
Net Working Capital22.3B24.7B28.7B33.2B38.2B23.8B
Capital Lease Obligations738.9M557.4M363.4M596M536.4M490.4M
Property Plant And Equipment Gross3.1B2.9B1.5B1.7B1.5B1.9B

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Other Information on Investing in Honeywell Stock

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