L3HARRIS Current Asset

L3HARRIS TECHNOLOGIES INC fundamentals help investors to digest information that contributes to L3HARRIS TECHNOLOGIES's financial success or failures. It also enables traders to predict the movement of L3HARRIS Stock. The fundamental analysis module provides a way to measure L3HARRIS TECHNOLOGIES's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to L3HARRIS TECHNOLOGIES stock.
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.
  

L3HARRIS Current Asset Analysis

L3HARRIS TECHNOLOGIES's Current Asset is all of the company's assets that can be used to pay off current liabilities within the current fiscal period or over the next 12 months. Current Asset includes cash or cash equivalents, accounts receivable, short-term investments, and the portion of prepaid liabilities which will be paid within the next 12 months. Because these assets are easily turned into cash, they are sometimes referred to as liquid assets.
Current Asset 
 = 
Cash 
Deposits 
Liquid Assets 
More About Current Asset | All Equity Analysis

Current L3HARRIS TECHNOLOGIES Current Asset

    
  2.61 B  
Most of L3HARRIS TECHNOLOGIES's fundamental indicators, such as Current Asset, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, L3HARRIS TECHNOLOGIES INC is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Current Asset is important to company's creditors and private equity firms as they will often be interested in how much that company has in current assets since these assets can be easily liquidated in case the company goes bankrupt. However, it is usually not enough to know if a company is in good shape just based on current asset alone; the amount of current liabilities should always be considered.
Compare to competition

In accordance with the recently published financial statements, L3HARRIS TECHNOLOGIES INC has a Current Asset of 2.61 B. This is 90.78% lower than that of the Technology sector and 54.71% lower than that of the Communication Equipment industry. The current asset for all United States stocks is 72.07% higher than that of the company.

L3HARRIS Current Asset Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses L3HARRIS TECHNOLOGIES's direct or indirect competition against its Current Asset to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of L3HARRIS TECHNOLOGIES could also be used in its relative valuation, which is a method of valuing L3HARRIS TECHNOLOGIES by comparing valuation metrics of similar companies.
L3HARRIS TECHNOLOGIES is currently under evaluation in current asset category among related companies.

L3HARRIS Fundamentals

Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards L3HARRIS TECHNOLOGIES in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, L3HARRIS TECHNOLOGIES's short interest history, or implied volatility extrapolated from L3HARRIS TECHNOLOGIES options trading.

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Check out Risk vs Return Analysis. Note that the L3HARRIS TECHNOLOGIES INC information on this page should be used as a complementary analysis to other L3HARRIS TECHNOLOGIES's 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 Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.

Other Tools for L3HARRIS Stock

When running L3HARRIS TECHNOLOGIES INC price analysis, check to measure L3HARRIS TECHNOLOGIES's 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's value examination focuses on studying past and present price action to predict the probability of L3HARRIS TECHNOLOGIES's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move L3HARRIS TECHNOLOGIES's price. Additionally, you may evaluate how the addition of L3HARRIS TECHNOLOGIES to your portfolios can decrease your overall portfolio volatility.
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