L3Harris Other Stockholder Equity vs Common Stock Shares Outstanding Analysis

LHX Stock

USD 245.33 0.25 0.10%

L3Harris Technologies financial indicator trend analysis is infinitely more than just investigating L3Harris Technologies recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether L3Harris Technologies is a good investment. Please check the relationship between L3Harris Technologies Other Stockholder Equity and its Common Stock Shares Outstanding accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in L3Harris Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate.

For more information on how to buy L3Harris Stock please use our How to Invest in L3Harris Technologies guide.

Other Stockholder Equity vs Common Stock Shares Outstanding

Other Stockholder Equity vs Common Stock Shares Outstanding Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of L3Harris Technologies Other Stockholder Equity account and Common Stock Shares Outstanding. At this time, the significance of the direction appears to have almost identical trend.

The correlation between L3Harris Technologies' Other Stockholder Equity and Common Stock Shares Outstanding is 0.92. Overlapping area represents the amount of variation of Other Stockholder Equity that can explain the historical movement of Common Stock Shares Outstanding in the same time period over historical financial statements of L3Harris Technologies, assuming nothing else is changed. The correlation between historical values of L3Harris Technologies' Other Stockholder Equity and Common Stock Shares Outstanding is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Stockholder Equity of L3Harris Technologies are associated (or correlated) with its Common Stock Shares Outstanding. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Shares Outstanding has no effect on the direction of Other Stockholder Equity i.e., L3Harris Technologies' Other Stockholder Equity and Common Stock Shares Outstanding go up and down completely randomly.

Correlation Coefficient

0.92

Relationship Direction	Positive
Relationship Strength	Very Strong

View All Relationships

Other Stockholder Equity

Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.

Most indicators from L3Harris Technologies' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into L3Harris Technologies 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 Correlation Analysis to better understand how to build diversified portfolios, which includes a position in L3Harris Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate.

For more information on how to buy L3Harris Stock please use our How to Invest in L3Harris Technologies guide.Selling General Administrative is likely to drop to about 1.5 B in 2024. Discontinued Operations is likely to drop to about (1.2 M) in 2024

	2021	2022	2023	2024 (projected)
Gross Profit	5.4B	4.9B	5.1B	5.4B
Total Revenue	17.8B	17.1B	19.4B	20.4B

Gross Profit Total Revenue

L3Harris Technologies 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	Property Plant And Equipment Gross	Common Stock Total Equity	Common Stock
Total Assets		0.93	0.93	0.93	0.98	0.99	0.91	0.91	0.66	1.0	0.67	0.67	0.92	0.84	0.96	0.88	0.62	0.97	0.97	0.99	0.62	0.99	0.96	0.82	0.87	0.84
Short Long Term Debt Total	0.93		0.95	0.98	0.84	0.94	1.0	0.9	0.41	0.92	0.81	0.42	0.86	0.62	0.97	0.92	0.63	0.81	0.99	0.94	0.84	0.91	0.94	0.88	0.9	0.67
Other Current Liab	0.93	0.95		0.94	0.87	0.95	0.94	0.88	0.52	0.93	0.74	0.53	0.89	0.69	0.95	0.88	0.59	0.85	0.96	0.96	0.69	0.92	0.93	0.87	0.89	0.68
Total Current Liabilities	0.93	0.98	0.94		0.85	0.95	0.98	0.94	0.41	0.92	0.77	0.42	0.83	0.64	0.93	0.91	0.75	0.82	0.97	0.96	0.84	0.9	0.97	0.95	0.92	0.66
Total Stockholder Equity	0.98	0.84	0.87	0.85		0.97	0.81	0.88	0.73	0.98	0.54	0.74	0.9	0.91	0.89	0.8	0.59	1.0	0.89	0.95	0.48	0.98	0.92	0.75	0.8	0.87
Property Plant And Equipment Net	0.99	0.94	0.95	0.95	0.97		0.92	0.94	0.6	0.99	0.68	0.61	0.92	0.82	0.95	0.88	0.66	0.95	0.97	0.99	0.67	0.99	0.97	0.87	0.88	0.79
Net Debt	0.91	1.0	0.94	0.98	0.81	0.92		0.89	0.35	0.9	0.82	0.36	0.85	0.58	0.95	0.91	0.63	0.78	0.98	0.92	0.86	0.89	0.92	0.88	0.88	0.63
Retained Earnings	0.91	0.9	0.88	0.94	0.88	0.94	0.89		0.52	0.91	0.66	0.53	0.82	0.69	0.87	0.84	0.71	0.84	0.91	0.94	0.69	0.89	0.97	0.91	0.94	0.75
Cash	0.66	0.41	0.52	0.41	0.73	0.6	0.35	0.52		0.66	0.14	1.0	0.55	0.71	0.57	0.47	0.29	0.75	0.52	0.61	-0.07	0.65	0.55	0.37	0.56	0.86
Non Current Assets Total	1.0	0.92	0.93	0.92	0.98	0.99	0.9	0.91	0.66		0.66	0.67	0.92	0.85	0.96	0.87	0.61	0.97	0.96	0.98	0.61	0.99	0.95	0.81	0.86	0.84
Non Currrent Assets Other	0.67	0.81	0.74	0.77	0.54	0.68	0.82	0.66	0.14	0.66		0.16	0.61	0.39	0.76	0.72	0.48	0.53	0.78	0.68	0.79	0.64	0.68	0.7	0.69	0.37
Cash And Short Term Investments	0.67	0.42	0.53	0.42	0.74	0.61	0.36	0.53	1.0	0.67	0.16		0.56	0.72	0.58	0.48	0.3	0.76	0.54	0.63	-0.06	0.67	0.56	0.39	0.57	0.86
Net Receivables	0.92	0.86	0.89	0.83	0.9	0.92	0.85	0.82	0.55	0.92	0.61	0.56		0.78	0.9	0.72	0.32	0.89	0.89	0.9	0.54	0.94	0.84	0.67	0.78	0.73
Common Stock Shares Outstanding	0.84	0.62	0.69	0.64	0.91	0.82	0.58	0.69	0.71	0.85	0.39	0.72	0.78		0.71	0.56	0.45	0.92	0.7	0.79	0.26	0.86	0.75	0.56	0.56	0.77
Non Current Liabilities Total	0.96	0.97	0.95	0.93	0.89	0.95	0.95	0.87	0.57	0.96	0.76	0.58	0.9	0.71		0.9	0.55	0.88	0.99	0.95	0.69	0.95	0.92	0.8	0.87	0.78
Inventory	0.88	0.92	0.88	0.91	0.8	0.88	0.91	0.84	0.47	0.87	0.72	0.48	0.72	0.56	0.9		0.7	0.78	0.92	0.9	0.75	0.85	0.87	0.82	0.84	0.72
Other Current Assets	0.62	0.63	0.59	0.75	0.59	0.66	0.63	0.71	0.29	0.61	0.48	0.3	0.32	0.45	0.55	0.7		0.56	0.62	0.68	0.64	0.58	0.76	0.85	0.67	0.45
Other Stockholder Equity	0.97	0.81	0.85	0.82	1.0	0.95	0.78	0.84	0.75	0.97	0.53	0.76	0.89	0.92	0.88	0.78	0.56		0.88	0.94	0.45	0.98	0.89	0.72	0.77	0.88
Total Liab	0.97	0.99	0.96	0.97	0.89	0.97	0.98	0.91	0.52	0.96	0.78	0.54	0.89	0.7	0.99	0.92	0.62	0.88		0.97	0.75	0.95	0.95	0.87	0.9	0.75
Total Current Assets	0.99	0.94	0.96	0.96	0.95	0.99	0.92	0.94	0.61	0.98	0.68	0.63	0.9	0.79	0.95	0.9	0.68	0.94	0.97		0.67	0.98	0.97	0.88	0.91	0.81
Short Term Debt	0.62	0.84	0.69	0.84	0.48	0.67	0.86	0.69	-0.07	0.61	0.79	-0.06	0.54	0.26	0.69	0.75	0.64	0.45	0.75	0.67		0.6	0.71	0.8	0.69	0.26
Intangible Assets	0.99	0.91	0.92	0.9	0.98	0.99	0.89	0.89	0.65	0.99	0.64	0.67	0.94	0.86	0.95	0.85	0.58	0.98	0.95	0.98	0.6		0.93	0.79	0.83	0.83
Accounts Payable	0.96	0.94	0.93	0.97	0.92	0.97	0.92	0.97	0.55	0.95	0.68	0.56	0.84	0.75	0.92	0.87	0.76	0.89	0.95	0.97	0.71	0.93		0.94	0.93	0.75
Property Plant And Equipment Gross	0.82	0.88	0.87	0.95	0.75	0.87	0.88	0.91	0.37	0.81	0.7	0.39	0.67	0.56	0.8	0.82	0.85	0.72	0.87	0.88	0.8	0.79	0.94		0.92	0.54
Common Stock Total Equity	0.87	0.9	0.89	0.92	0.8	0.88	0.88	0.94	0.56	0.86	0.69	0.57	0.78	0.56	0.87	0.84	0.67	0.77	0.9	0.91	0.69	0.83	0.93	0.92		0.71
Common Stock	0.84	0.67	0.68	0.66	0.87	0.79	0.63	0.75	0.86	0.84	0.37	0.86	0.73	0.77	0.78	0.72	0.45	0.88	0.75	0.81	0.26	0.83	0.75	0.54	0.71

Click cells to compare fundamentals

L3Harris Technologies Account Relationship Matchups

L3Harris Technologies fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	38.3B	37.0B	34.7B	33.5B	41.7B	43.8B
Short Long Term Debt Total	7.9B	7.7B	7.8B	7.8B	14.0B	14.6B
Other Current Liab	1.1B	1.5B	1.4B	1.2B	1.8B	1.9B
Total Current Liabilities	4.0B	4.2B	4.6B	5.8B	8.0B	8.4B
Total Stockholder Equity	22.6B	20.7B	19.2B	18.5B	18.8B	19.7B
Property Plant And Equipment Net	3.0B	2.9B	2.9B	2.9B	3.6B	3.8B
Net Debt	7.0B	6.4B	6.9B	6.9B	13.4B	14.1B
Retained Earnings	2.2B	2.3B	2.9B	2.9B	3.2B	3.4B
Cash	824M	1.3B	941M	880M	560M	376.4M
Non Current Assets Total	32.0B	30.3B	28.4B	26.8B	33.6B	35.3B
Non Currrent Assets Other	507M	519M	565M	552M	1.4B	1.5B
Cash And Short Term Investments	824M	1.3B	941M	880M	560M	402.6M
Net Receivables	3.9B	4.1B	4.2B	1.3B	4.4B	4.6B
Common Stock Shares Outstanding	223.7M	215.9M	203.2M	193.5M	190.6M	164.6M
Liabilities And Stockholders Equity	38.3B	37.0B	34.7B	33.5B	41.7B	43.8B
Non Current Liabilities Total	11.6B	11.9B	10.8B	9.1B	14.9B	15.6B
Inventory	1.2B	973M	982M	1.3B	1.5B	1.5B
Other Current Assets	392M	342M	272M	3.3B	1.6B	1.7B
Other Stockholder Equity	20.7B	19.0B	16.2B	15.7B	15.6B	16.3B
Total Liab	15.6B	16.1B	15.4B	14.9B	22.9B	24.0B
Total Current Assets	6.3B	6.7B	6.4B	6.8B	8.1B	8.5B
Short Term Debt	389M	126M	13M	820M	2.1B	2.2B
Intangible Assets	8.5B	7.9B	6.6B	6.0B	8.5B	9.0B
Accounts Payable	1.3B	1.4B	1.8B	1.9B	2.1B	2.2B
Property Plant And Equipment Gross	894M	2.9B	2.9B	5.1B	5.3B	5.6B
Accumulated Other Comprehensive Income	(508M)	(839M)	(146M)	(288M)	(198M)	(207.9M)
Common Stock Total Equity	120M	118M	119M	208M	239.2M	251.2M
Common Stock	218M	208M	194M	191M	190M	135.4M
Good Will	20.0B	18.9B	18.2B	17.3B	20.0B	21.0B
Current Deferred Revenue	1.2B	1.2B	1.3B	1.4B	1.9B	2.0B
Net Tangible Assets	(3.1B)	(2.8B)	(6.1B)	(5.6B)	(5.1B)	(4.8B)
Retained Earnings Total Equity	1.3B	1.7B	2.2B	2.3B	2.7B	1.7B
Long Term Debt Total	3.4B	2.8B	6.9B	7.0B	8.1B	8.5B
Capital Surpluse	1.7B	1.8B	19.0B	16.2B	18.7B	19.6B
Deferred Long Term Liab	90M	12M	1.2B	26M	29.9M	28.4M
Non Current Liabilities Other	537M	3.7B	1.1B	1.2B	2.9B	3.0B
Property Plant Equipment	900M	894M	2.1B	2.9B	3.3B	3.5B
Other Liab	1.3B	1.7B	5.4B	3.0B	3.5B	2.9B

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.

V	Visa Class A
GOOG	Alphabet Inc Class C
GOOG	Alphabet Inc Class C

Additional Tools for L3Harris Stock Analysis

When running L3Harris Technologies' price analysis, check to measure L3Harris Technologies' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy L3Harris Technologies is operating at the current time. Most of L3Harris Technologies' value examination focuses on studying past and present price action to predict the probability of L3Harris Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move L3Harris Technologies' price. Additionally, you may evaluate how the addition of L3Harris Technologies to your portfolios can decrease your overall portfolio volatility.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

L3Harris Other Stockholder Equity vs Common Stock Shares Outstanding Analysis

Other Stockholder Equity vs Common Stock Shares Outstanding

Other Stockholder Equity vs Common Stock Shares Outstanding Correlation Analysis

Correlation Coefficient

Other Stockholder Equity

Common Stock Shares Outstanding

L3Harris Technologies fundamental ratios Correlations

L3Harris Technologies Account Relationship Matchups

High Positive Relationship

High Negative Relationship

L3Harris Technologies fundamental ratios Accounts

Also Currently Popular

Additional Tools for L3Harris Stock Analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Non Current Assets Total	+ 1.0	Total Assets
Net Debt	+ 1.0	Short Long Term Debt Total
Other Stockholder Equity	+ 1.0	Total Stockholder Equity
Cash And Short Term Investments	+ 1.0	Cash
Property Plant And Equipment Net	+ 0.99	Total Assets
Total Current Assets	+ 0.99	Total Assets

Short Term Debt	- 0.07	Cash
Short Term Debt	- 0.06	Cash And Short Term Investments