Hess Total Current Assets from 2010 to 2024

HES Stock  USD 163.13  0.60  0.37%   
Hess Total Current Assets yearly trend continues to be comparatively stable with very little volatility. Total Current Assets are likely to outpace its year average in 2024. Total Current Assets is the total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle. View All Fundamentals
 
Total Current Assets  
First Reported
1985-12-31
Previous Quarter
3.4 B
Current Value
3.6 B
Quarterly Volatility
2.4 B
 
Black Monday
 
Oil Shock
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Hess financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Hess main balance sheet or income statement drivers, such as Depreciation And Amortization of 1.7 B, Interest Expense of 554.4 M or Total Revenue of 14.8 B, as well as many exotic indicators such as Price To Sales Ratio of 4.33, Dividend Yield of 0.0106 or PTB Ratio of 5.15. Hess financial statements analysis is a perfect complement when working with Hess Valuation or Volatility modules.
  
This module can also supplement Hess' financial leverage analysis and stock options assessment as well as various Hess Technical models . Check out the analysis of Hess Correlation against competitors.

Latest Hess' Total Current Assets Growth Pattern

Below is the plot of the Total Current Assets of Hess Corporation over the last few years. It is the total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle. Hess' Total Current Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Hess' overall financial position and show how it may be relating to other accounts over time.
Total Current Assets10 Years Trend
Slightly volatile
   Total Current Assets   
       Timeline  

Hess Total Current Assets Regression Statistics

Arithmetic Mean5,057,402,752
Geometric Mean4,684,367,506
Coefficient Of Variation40.89
Mean Deviation1,709,064,832
Median4,404,000,000
Standard Deviation2,067,882,564
Sample Variance4276138.3T
Range6.5B
R-Value(0.50)
Mean Square Error3440436.2T
R-Squared0.25
Significance0.06
Slope(232,534,682)
Total Sum of Squares59865936.2T

Hess Total Current Assets History

20244.5 B
20233.4 B
20223.9 B
20214.3 B
20203.1 B
20193.2 B
20184.5 B

About Hess Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Hess income statement, its balance sheet, and the statement of cash flows. Hess investors use historical funamental indicators, such as Hess's Total Current Assets, to determine how well the company is positioned to perform in the future. Although Hess investors may use each financial statement separately, they are all related. The changes in Hess's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Hess's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Hess Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Hess. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Total Current Assets3.4 B4.5 B

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When determining whether Hess is a strong investment it is important to analyze Hess' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Hess' future performance. For an informed investment choice regarding Hess Stock, refer to the following important reports:
Check out the analysis of Hess Correlation against competitors.
Note that the Hess information on this page should be used as a complementary analysis to other Hess' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Balance Of Power module to check stock momentum by analyzing Balance Of Power indicator and other technical ratios.

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When running Hess' price analysis, check to measure Hess' 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 Hess is operating at the current time. Most of Hess' value examination focuses on studying past and present price action to predict the probability of Hess' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hess' price. Additionally, you may evaluate how the addition of Hess to your portfolios can decrease your overall portfolio volatility.
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Is Hess' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Hess. If investors know Hess will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Hess listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
1.794
Dividend Share
1.75
Earnings Share
6.52
Revenue Per Share
36.546
Quarterly Revenue Growth
0.377
The market value of Hess is measured differently than its book value, which is the value of Hess that is recorded on the company's balance sheet. Investors also form their own opinion of Hess' value that differs from its market value or its book value, called intrinsic value, which is Hess' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Hess' market value can be influenced by many factors that don't directly affect Hess' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Hess' value and its price as these two are different measures arrived at by different means. Investors typically determine if Hess is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Hess' 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.