HP Minority Interest vs Selling General Administrative Analysis

HPQ Stock  USD 28.00  0.13  0.46%   
HP financial indicator trend analysis is much more than just examining HP Inc latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether HP Inc is a good investment. Please check the relationship between HP Minority Interest and its Selling General Administrative accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in HP Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in american community survey.

Minority Interest vs Selling General Administrative

Minority Interest vs Selling General Administrative Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of HP Inc Minority Interest account and Selling General Administrative. At this time, the significance of the direction appears to have almost no relationship.
The correlation between HP's Minority Interest and Selling General Administrative is 0.17. Overlapping area represents the amount of variation of Minority Interest that can explain the historical movement of Selling General Administrative in the same time period over historical financial statements of HP Inc, assuming nothing else is changed. The correlation between historical values of HP's Minority Interest and Selling General Administrative is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Minority Interest of HP Inc are associated (or correlated) with its Selling General Administrative. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Selling General Administrative has no effect on the direction of Minority Interest i.e., HP's Minority Interest and Selling General Administrative go up and down completely randomly.

Correlation Coefficient

0.17
Relationship DirectionPositive 
Relationship StrengthInsignificant

Minority Interest

Minority Interest is the portion of a subsidiary corporation stock that is not owned by the parent corporation. The magnitude of the minority interest in the subsidiary company is generally less than 50% of outstanding shares, otherwise the corporation would generally cease to be a subsidiary of the parent. Minority Interest can also be called non-controlling interest.All shareholders of HP Inc whose combined shares represent less than 50% of the total outstanding shares issued by HP have a minority interest in HP.

Selling General Administrative

Most indicators from HP's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into HP Inc 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 HP Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in american community survey.
At this time, HP's Selling General Administrative is relatively stable compared to the past year. As of 04/27/2024, Sales General And Administrative To Revenue is likely to grow to 0.14, while Enterprise Value Over EBITDA is likely to drop 3.04.
 2021 2022 2023 2024 (projected)
Interest Expense359M548M630.2M598.7M
Depreciation And Amortization1.9B850M977.5M928.6M

HP fundamental ratios Correlations

0.830.930.930.920.770.590.910.861.00.430.860.870.430.970.180.90.830.970.990.840.240.8-0.38-0.260.76
0.830.630.840.710.910.860.650.80.84-0.030.80.940.270.850.380.950.950.860.810.890.380.95-0.38-0.170.72
0.930.630.890.850.50.40.860.680.920.70.680.660.30.920.170.710.630.920.930.660.240.55-0.43-0.280.72
0.930.840.890.770.70.610.750.810.920.360.810.850.180.920.480.90.770.980.940.790.560.76-0.63-0.280.72
0.920.710.850.770.710.40.990.780.930.420.780.820.610.88-0.130.80.790.840.890.83-0.030.76-0.03-0.380.69
0.770.910.50.70.710.740.660.840.78-0.220.840.940.450.70.180.910.910.720.740.860.190.97-0.16-0.130.63
0.590.860.40.610.40.740.320.440.63-0.080.440.68-0.020.60.450.690.830.620.530.670.270.75-0.30.160.72
0.910.650.860.750.990.660.320.780.910.480.780.780.620.88-0.160.760.720.830.890.79-0.030.71-0.04-0.410.64
0.860.80.680.810.780.840.440.780.830.041.00.890.570.820.150.920.750.830.880.80.290.85-0.38-0.330.48
1.00.840.920.920.930.780.630.910.830.430.830.870.40.970.170.890.860.960.970.840.210.81-0.33-0.220.81
0.43-0.030.70.360.42-0.22-0.080.480.040.430.04-0.040.010.45-0.080.030.010.410.430.03-0.08-0.16-0.16-0.070.4
0.860.80.680.810.780.840.440.781.00.830.040.890.570.820.150.920.750.830.880.80.290.85-0.38-0.320.48
0.870.940.660.850.820.940.680.780.890.87-0.040.890.470.840.220.980.940.860.850.950.310.98-0.29-0.350.62
0.430.270.30.180.610.45-0.020.620.570.40.010.570.470.38-0.670.430.420.280.450.56-0.520.440.36-0.44-0.05
0.970.850.920.920.880.70.60.880.820.970.450.820.840.380.20.880.820.980.960.830.270.78-0.41-0.310.73
0.180.380.170.48-0.130.180.45-0.160.150.17-0.080.150.22-0.670.20.30.150.350.190.090.920.21-0.790.150.36
0.90.950.710.90.80.910.690.760.920.890.030.920.980.430.880.30.910.910.90.930.380.95-0.42-0.30.63
0.830.950.630.770.790.910.830.720.750.860.010.750.940.420.820.150.910.810.790.940.150.95-0.17-0.180.71
0.970.860.920.980.840.720.620.830.830.960.410.830.860.280.980.350.910.810.970.820.430.79-0.53-0.30.74
0.990.810.930.940.890.740.530.890.880.970.430.880.850.450.960.190.90.790.970.830.280.77-0.44-0.30.69
0.840.890.660.790.830.860.670.790.80.840.030.80.950.560.830.090.930.940.820.830.170.93-0.17-0.390.58
0.240.380.240.56-0.030.190.27-0.030.290.21-0.080.290.31-0.520.270.920.380.150.430.280.170.25-0.86-0.090.21
0.80.950.550.760.760.970.750.710.850.81-0.160.850.980.440.780.210.950.950.790.770.930.25-0.2-0.250.64
-0.38-0.38-0.43-0.63-0.03-0.16-0.3-0.04-0.38-0.33-0.16-0.38-0.290.36-0.41-0.79-0.42-0.17-0.53-0.44-0.17-0.86-0.20.01-0.2
-0.26-0.17-0.28-0.28-0.38-0.130.16-0.41-0.33-0.22-0.07-0.32-0.35-0.44-0.310.15-0.3-0.18-0.3-0.3-0.39-0.09-0.250.010.07
0.760.720.720.720.690.630.720.640.480.810.40.480.62-0.050.730.360.630.710.740.690.580.210.64-0.20.07
Click cells to compare fundamentals

HP Account Relationship Matchups

HP fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets34.7B38.6B38.6B37.0B42.6B56.0B
Short Long Term Debt Total6.2B7.5B11.0B9.5B10.9B8.9B
Other Current Liab9.6B10.6B9.3B8.8B10.1B11.1B
Total Current Liabilities26.2B29.1B26.2B24.5B28.2B25.0B
Total Stockholder Equity(2.2B)(1.7B)(2.9B)(1.1B)(1.2B)(1.2B)
Property Plant And Equipment Net2.6B2.5B2.8B2.8B3.3B5.9B
Net Debt1.4B3.2B7.9B6.3B7.2B7.5B
Retained Earnings(2.0B)(2.5B)(4.4B)(2.4B)(2.7B)(2.6B)
Cash4.9B4.3B3.1B3.2B3.7B6.9B
Non Current Assets Total14.0B16.4B18.8B19.0B21.9B26.6B
Non Currrent Assets Other2.5B7.1B7.5B7.6B8.8B6.1B
Cash And Short Term Investments4.9B4.3B3.1B3.2B3.7B7.0B
Net Receivables5.4B5.5B4.5B4.2B4.9B4.6B
Common Stock Shares Outstanding1.4B1.2B1.1B1B900M1.6B
Liabilities And Stockholders Equity34.7B38.6B38.6B37.0B42.6B56.0B
Non Current Liabilities Total10.7B11.2B15.4B13.6B15.6B12.9B
Inventory6.0B7.9B7.6B6.9B7.9B5.8B
Other Current Assets4.4B4.4B4.5B3.6B4.2B5.4B
Other Stockholder Equity963M1.1B1.2B1.5B1.7B1.6B
Total Liab36.9B40.3B41.5B38.1B43.8B37.9B
Total Current Assets20.6B22.2B19.8B18.0B20.7B29.4B
Short Term Debt674M1.1B218M230M264.5M251.3M
Accounts Payable14.7B16.1B15.3B14.0B16.2B9.6B
Current Deferred Revenue1.2B1.3B1.4B1.4B1.6B1.6B
Common Stock Total Equity15M13M11M10M9M8.6M
Property Plant And Equipment Gross3.7B8.7B8.8B8.9B10.2B7.8B
Accumulated Other Comprehensive Income(1.2B)(260M)313M(223M)(256.5M)(269.3M)
Common Stock15M13M11M10M9M8.6M
Other Liab4.2B4.8B4.6B3.4B4.0B3.8B
Other Assets3.3B7.1B7.5B4.7B5.4B7.6B
Long Term Debt5.5B6.4B10.8B9.3B10.6B9.6B
Good Will6.4B6.8B8.5B8.6B7.7B14.0B
Intangible Assets540M784M1.9B1.6B1.4B1.4B
Property Plant Equipment2.6B2.5B2.8B4.0B3.6B5.4B
Deferred Long Term Liab30M34M36M44M50.6M82.0M
Net Tangible Assets(8.6B)(8.5B)(11.5B)(11.3B)(12.9B)(13.6B)

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When determining whether HP Inc is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if HP Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Hp Inc Stock. Highlighted below are key reports to facilitate an investment decision about Hp Inc Stock:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in HP Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in american community survey.
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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Is HP's 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 HP. If investors know HP 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 HP 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
0.319
Dividend Share
1.063
Earnings Share
3.41
Revenue Per Share
53.452
Quarterly Revenue Growth
(0.04)
The market value of HP Inc is measured differently than its book value, which is the value of HP that is recorded on the company's balance sheet. Investors also form their own opinion of HP's value that differs from its market value or its book value, called intrinsic value, which is HP's 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 HP's market value can be influenced by many factors that don't directly affect HP's 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 HP's value and its price as these two are different measures arrived at by different means. Investors typically determine if HP is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, HP's 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.