Honeywell Total Revenue vs Other Operating Expenses Analysis

HONAUT Stock   40,947  463.80  1.12%   
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 Total Revenue and its Other Operating Expenses 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.

Total Revenue vs Other Operating Expenses

Total Revenue vs Other Operating Expenses Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Honeywell Automation Total Revenue account and Other Operating Expenses. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Honeywell Automation's Total Revenue and Other Operating Expenses is 0.85. Overlapping area represents the amount of variation of Total Revenue that can explain the historical movement of Other Operating Expenses 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 Total Revenue and Other Operating Expenses 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 Honeywell Automation India are associated (or correlated) with its Other Operating Expenses. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Operating Expenses has no effect on the direction of Total Revenue i.e., Honeywell Automation's Total Revenue and Other Operating Expenses go up and down completely randomly.

Correlation Coefficient

0.85
Relationship DirectionPositive 
Relationship StrengthStrong

Total Revenue

Total revenue comprises all receipts Honeywell Automation 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.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Honeywell Automation. It is also known as Honeywell Automation overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.
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
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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

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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.