HSBC Intangible Assets vs Other Current Assets Analysis
HSBC Stock | USD 41.90 0.09 0.22% |
HSBC Holdings financial indicator trend analysis is much more than just examining HSBC Holdings PLC latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether HSBC Holdings PLC is a good investment. Please check the relationship between HSBC Holdings Intangible Assets and its Other Current Assets accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in HSBC Holdings PLC. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of labor statistics.
Intangible Assets vs Other Current Assets
Intangible Assets vs Other Current Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of HSBC Holdings PLC Intangible Assets account and Other Current Assets. At this time, the significance of the direction appears to have pay attention.
The correlation between HSBC Holdings' Intangible Assets and Other Current Assets is -0.78. Overlapping area represents the amount of variation of Intangible Assets that can explain the historical movement of Other Current Assets in the same time period over historical financial statements of HSBC Holdings PLC, assuming nothing else is changed. The correlation between historical values of HSBC Holdings' Intangible Assets and Other Current Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Intangible Assets of HSBC Holdings PLC are associated (or correlated) with its Other Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Assets has no effect on the direction of Intangible Assets i.e., HSBC Holdings' Intangible Assets and Other Current Assets go up and down completely randomly.
Correlation Coefficient | -0.78 |
Relationship Direction | Negative |
Relationship Strength | Weak |
Intangible Assets
Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.Other Current Assets
Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.Most indicators from HSBC Holdings' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into HSBC Holdings PLC 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 HSBC Holdings PLC. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of labor statistics. At present, HSBC Holdings' Issuance Of Capital Stock is projected to decrease significantly based on the last few years of reporting. The current year's Enterprise Value Over EBITDA is expected to grow to 4.60, whereas Tax Provision is forecasted to decline to about 3.2 B.
2021 | 2022 | 2023 | 2024 (projected) | Income Tax Expense | 4.2B | 858M | 5.8B | 3.2B | Income Before Tax | 18.9B | 17.5B | 30.3B | 31.9B |
HSBC Holdings fundamental ratios Correlations
Click cells to compare fundamentals
HSBC Holdings Account Relationship Matchups
High Positive Relationship
High Negative Relationship
HSBC Holdings fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 2.7T | 3.0T | 3.0T | 3.0T | 3.0T | 1.7T | |
Short Long Term Debt Total | 129.2B | 117.4B | 99.0B | 100.4B | 235.2B | 246.9B | |
Total Stockholder Equity | 184.0B | 196.4B | 198.3B | 187.5B | 185.3B | 109.2B | |
Property Plant And Equipment Net | 14.7B | 14.4B | 13.2B | 12.6B | 12.9B | 13.6B | |
Net Debt | (29.9B) | (191.1B) | (308.1B) | (233.9B) | (70.8B) | (67.2B) | |
Cash | 159.1B | 308.6B | 407.2B | 334.3B | 305.9B | 321.2B | |
Non Current Assets Total | 1.1T | 1.2T | 1.0T | 1.0T | 1.1T | 570.0B | |
Non Currrent Assets Other | (4.6B) | (4.5B) | (4.6B) | (38.4B) | (7.8B) | (8.1B) | |
Other Assets | 1.3T | 1.5T | 1.5T | 1.6T | 1.6T | 1.0T | |
Cash And Short Term Investments | 159.1B | 308.6B | 407.2B | 350.1B | 305.9B | 321.2B | |
Common Stock Shares Outstanding | 4.0B | 4.0B | 4.1B | 4.0B | 3.9B | 3.0B | |
Liabilities And Stockholders Equity | 2.7T | 3.0T | 3.0T | 3.0T | 3.0T | 1.7T | |
Non Current Liabilities Total | 129.2B | 117.4B | 99.0B | 2.6T | 235.2B | 223.4B | |
Total Liab | 129.2B | 117.4B | 99.0B | 2.8T | 235.2B | 223.4B | |
Total Current Assets | 295.7B | 318.9B | 407.2B | 350.1B | 305.9B | 321.2B | |
Retained Earnings | 136.7B | 140.6B | 144.5B | 152.1B | 152.1B | 104.8B | |
Net Receivables | 136.7B | 10.3B | 970M | 1.2B | 1.4B | 1.3B | |
Other Stockholder Equity | 34.8B | 36.7B | 37.0B | 25.3B | 23.6B | 35.6B | |
Common Stock | 10.3B | 10.3B | 10.3B | 10.1B | 9.6B | 8.5B | |
Other Liab | 155.5B | 170.0B | 176.9B | 172.6B | 155.3B | 292.1B | |
Accounts Payable | 19.2B | 17.4B | 20.4B | 26.0B | 35.7B | 33.9B | |
Intangible Assets | 14.6B | 14.6B | 15.6B | 17.2B | 8.2B | 11.3B | |
Property Plant Equipment | 14.7B | 14.4B | 13.2B | 12.6B | 11.3B | 10.4B | |
Short Term Investments | 254.5B | 244.6B | (30.5B) | (30.9B) | (35.5B) | (33.7B) | |
Total Current Liabilities | 118.2B | 128.6K | 123.8B | 133.2B | 554.9B | 582.7B | |
Common Stock Total Equity | 10.2B | 10.2B | 10.3B | 10.3B | 11.9B | 9.0B | |
Other Current Assets | 486.6B | 617.9B | 740.1B | 751.6B | 793.7B | 884.2B | |
Property Plant And Equipment Gross | 14.7B | 14.4B | 13.2B | 12.6B | 12.9B | 10.4B | |
Good Will | 5.6B | 5.9B | 5.0B | 4.2B | 4.3B | 4.1B | |
Other Current Liab | (319.0B) | (282.0B) | (287.9B) | (272.9B) | 209.1B | 219.5B | |
Net Tangible Assets | 142.9B | 153.6B | 155.2B | 166.2B | 191.1B | 163.2B | |
Long Term Investments | 976.5B | 1.1T | 940.9B | 1.0T | 1.1T | 942.1B | |
Short Term Debt | 299.9B | 264.7B | 267.5B | 246.9B | 310.1B | 205.1B |
Building efficient market-beating portfolios requires time, education, and a lot of computing power!
The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.
Try AI Portfolio ArchitectCheck out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in HSBC Holdings PLC. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of labor statistics. Note that the HSBC Holdings PLC information on this page should be used as a complementary analysis to other HSBC Holdings' 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 Global Correlations module to find global opportunities by holding instruments from different markets.
Complementary Tools for HSBC Stock analysis
When running HSBC Holdings' price analysis, check to measure HSBC Holdings' 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 HSBC Holdings is operating at the current time. Most of HSBC Holdings' value examination focuses on studying past and present price action to predict the probability of HSBC Holdings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move HSBC Holdings' price. Additionally, you may evaluate how the addition of HSBC Holdings to your portfolios can decrease your overall portfolio volatility.
Global Markets Map Get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes | |
Equity Valuation Check real value of public entities based on technical and fundamental data | |
Money Managers Screen money managers from public funds and ETFs managed around the world | |
Positions Ratings Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
Bonds Directory Find actively traded corporate debentures issued by US companies | |
Transaction History View history of all your transactions and understand their impact on performance | |
Odds Of Bankruptcy Get analysis of equity chance of financial distress in the next 2 years |
Is HSBC Holdings' 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 HSBC Holdings. If investors know HSBC 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 HSBC Holdings 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 1.896 | Dividend Share 0.61 | Earnings Share 5.7 | Revenue Per Share 3.6163 | Quarterly Revenue Growth (0.54) |
The market value of HSBC Holdings PLC is measured differently than its book value, which is the value of HSBC that is recorded on the company's balance sheet. Investors also form their own opinion of HSBC Holdings' value that differs from its market value or its book value, called intrinsic value, which is HSBC Holdings' 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 HSBC Holdings' market value can be influenced by many factors that don't directly affect HSBC Holdings' 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 HSBC Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if HSBC Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, HSBC Holdings' 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.