Honeywell Reconciled Depreciation vs Cost Of Revenue Analysis

HONAUT Stock   40,835  111.80  0.27%   
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 Reconciled Depreciation and its Cost Of Revenue 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.

Reconciled Depreciation vs Cost Of Revenue

Reconciled Depreciation vs Cost Of Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Honeywell Automation Reconciled Depreciation account and Cost Of Revenue. At this time, the significance of the direction appears to have strong relationship.
The correlation between Honeywell Automation's Reconciled Depreciation and Cost Of Revenue is 0.67. Overlapping area represents the amount of variation of Reconciled Depreciation that can explain the historical movement of Cost Of Revenue 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 Reconciled Depreciation and Cost Of 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 Reconciled Depreciation of Honeywell Automation India are associated (or correlated) with its Cost Of Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cost Of Revenue has no effect on the direction of Reconciled Depreciation i.e., Honeywell Automation's Reconciled Depreciation and Cost Of Revenue go up and down completely randomly.

Correlation Coefficient

0.67
Relationship DirectionPositive 
Relationship StrengthSignificant

Reconciled Depreciation

Cost Of Revenue

Cost of Revenue is found on Honeywell Automation income statement and represents the costs associated with goods and services Honeywell Automation provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.
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 3.4 B, whereas Tax Provision is forecasted to decline to about 1.6 B.
 2020 2021 2022 2023 (projected)
Gross Profit14.8B13.9B16.1B17.3B
Total Revenue30.1B29.4B34.5B40.6B

Honeywell Automation fundamental ratios Correlations

-0.70.80.810.990.77-0.650.990.740.660.630.50.98-0.590.520.330.59-0.23-0.450.821.0-0.55-0.450.890.770.9
-0.7-0.58-0.32-0.76-0.330.51-0.77-0.15-0.53-0.06-0.61-0.820.55-0.46-0.13-0.40.460.35-0.32-0.730.060.49-0.56-0.3-0.66
0.8-0.580.880.790.7-0.330.780.770.310.710.680.79-0.120.680.040.73-0.01-0.190.860.79-0.640.050.850.580.86
0.81-0.320.880.760.86-0.250.740.970.240.880.540.73-0.070.680.290.60.06-0.311.00.79-0.670.060.920.810.85
0.99-0.760.790.760.73-0.691.00.670.70.570.50.99-0.630.480.310.59-0.29-0.460.771.0-0.51-0.480.870.720.9
0.77-0.330.70.860.73-0.180.720.820.190.830.60.69-0.080.690.590.54-0.32-0.430.890.75-0.530.040.880.850.85
-0.650.51-0.33-0.25-0.69-0.18-0.69-0.18-1.0-0.070.17-0.670.910.28-0.01-0.380.170.3-0.24-0.670.260.66-0.35-0.22-0.44
0.99-0.770.780.741.00.72-0.690.640.710.550.50.99-0.640.480.320.59-0.32-0.440.750.99-0.49-0.490.850.710.89
0.74-0.150.770.970.670.82-0.180.640.170.890.430.63-0.030.620.310.470.17-0.310.970.71-0.660.070.860.820.74
0.66-0.530.310.240.70.19-1.00.710.170.06-0.150.68-0.94-0.260.040.36-0.2-0.320.240.68-0.25-0.710.350.240.45
0.63-0.060.710.880.570.83-0.070.550.890.060.420.490.050.580.170.530.13-0.230.870.59-0.810.10.710.720.63
0.5-0.610.680.540.50.60.170.50.43-0.150.420.530.180.880.230.31-0.33-0.230.540.5-0.230.130.650.380.65
0.98-0.820.790.730.990.69-0.670.990.630.680.490.53-0.610.520.320.59-0.31-0.460.740.99-0.42-0.470.860.690.9
-0.590.55-0.12-0.07-0.63-0.080.91-0.64-0.03-0.940.050.18-0.610.28-0.06-0.180.250.31-0.07-0.610.150.9-0.22-0.21-0.3
0.52-0.460.680.680.480.690.280.480.62-0.260.580.880.520.280.370.38-0.18-0.240.70.51-0.270.210.720.630.66
0.33-0.130.040.290.310.59-0.010.320.310.040.170.230.32-0.060.37-0.05-0.57-0.510.370.330.280.030.470.660.49
0.59-0.40.730.60.590.54-0.380.590.470.360.530.310.59-0.180.38-0.05-0.16-0.030.580.58-0.640.040.540.370.58
-0.230.46-0.010.06-0.29-0.320.17-0.320.17-0.20.13-0.33-0.310.25-0.18-0.57-0.160.260.01-0.25-0.240.19-0.13-0.16-0.31
-0.450.35-0.19-0.31-0.46-0.430.3-0.44-0.31-0.32-0.23-0.23-0.460.31-0.24-0.51-0.030.26-0.35-0.46-0.120.23-0.47-0.46-0.48
0.82-0.320.861.00.770.89-0.240.750.970.240.870.540.74-0.070.70.370.580.01-0.350.8-0.630.070.940.850.87
1.0-0.730.790.791.00.75-0.670.990.710.680.590.50.99-0.610.510.330.58-0.25-0.460.8-0.51-0.470.890.750.9
-0.550.06-0.64-0.67-0.51-0.530.26-0.49-0.66-0.25-0.81-0.23-0.420.15-0.270.28-0.64-0.24-0.12-0.63-0.510.11-0.45-0.38-0.38
-0.450.490.050.06-0.480.040.66-0.490.07-0.710.10.13-0.470.90.210.030.040.190.230.07-0.470.11-0.07-0.13-0.08
0.89-0.560.850.920.870.88-0.350.850.860.350.710.650.86-0.220.720.470.54-0.13-0.470.940.89-0.45-0.070.830.95
0.77-0.30.580.810.720.85-0.220.710.820.240.720.380.69-0.210.630.660.37-0.16-0.460.850.75-0.38-0.130.830.78
0.9-0.660.860.850.90.85-0.440.890.740.450.630.650.9-0.30.660.490.58-0.31-0.480.870.9-0.38-0.080.950.78
Click cells to compare fundamentals

Honeywell Automation Account Relationship Matchups

Honeywell Automation fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets34.6B39.5B40.1B44.5B49.0B51.4B
Other Current Liab2.1B2.8B3.5B4.4B3.7B2.0B
Total Current Liabilities11.7B12.7B11.1B12.3B12.2B7.4B
Total Stockholder Equity21.8B25.8B28.4B31.9B36.1B37.9B
Property Plant And Equipment Net2.1B2.2B1.8B1.5B1.7B1.0B
Net Debt(1.8B)(1.6B)(2.3B)(4.4B)(27.6B)(26.2B)
Retained Earnings19.8B23.7B26.4B30.0B34.0B35.7B
Accounts Payable8.5B9.5B7.2B7.2B7.6B5.2B
Cash2.6B2.3B2.9B4.8B28.2B29.6B
Non Current Assets Total5.0B4.4B4.3B3.5B3.6B2.7B
Non Currrent Assets Other2.0B17.1B26.0B25.6B1.6B1.5B
Cash And Short Term Investments15.1B18.0B20.1B29.2B28.2B29.6B
Short Term Investments12.5B15.7B17.2B24.4B99M94.1M
Liabilities And Stockholders Equity34.6B39.5B40.1B44.5B49.0B51.4B
Non Current Liabilities Total1.1B988.3M643.1M348.1M693M421.7M
Inventory1.2B954.1M986.1M1.6B1.6B994.0M
Other Current Assets815.2M1.3B1.1B585.3M1.0B961.4M
Other Stockholder Equity2.4B2.6B157.7M2.0B158M150.1M
Total Liab12.8B13.7B11.7B12.6B12.9B7.8B
Total Current Assets29.6B35.1B35.8B41.0B45.4B47.7B
Accumulated Other Comprehensive Income1.7B1.8B1.7B1.7B1.8B1.9B
Intangible Assets1M300K400K200K180K171K
Net Receivables12.4B14.9B13.7B14.8B14.6B10.2B
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 Revenue955.5M669.6M221.3M347.4M1.3B661.2M
Short Term Debt170.5M54.2M(27.3M)188M111M116.6M
Long Term Debt Total638.9M547.7M363.4M175.1M201.4M271.1M
Cash And Equivalents413.1M423.1M270M960M864M686.3M
Net Invested Capital21.8B25.8B28.4B31.9B36.1B27.6B
Net Working Capital17.9B22.3B24.7B28.7B33.2B23.8B

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

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.