L3Harris Tax Assets vs Deferred Revenue Analysis

LHX
 Stock
  

USD 233.55  2.27  0.96%   

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 Tax Assets and its Deferred Revenue accounts. Additionally, see Stocks Correlation.

Tax Assets vs Deferred Revenue

Tax Assets vs Deferred Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of L3Harris Technologies Tax Assets account and Deferred Revenue. At this time, the significance of the direction appears to have pay attention.
The correlation between L3Harris Technologies' Tax Assets and Deferred Revenue is -0.93. Overlapping area represents the amount of variation of Tax Assets that can explain the historical movement of Deferred Revenue 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' Tax Assets and Deferred Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Tax Assets of L3Harris Technologies are associated (or correlated) with its Deferred Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Deferred Revenue has no effect on the direction of Tax Assets i.e., L3Harris Technologies' Tax Assets and Deferred Revenue go up and down completely randomly.

Correlation Coefficient

-0.93
Relationship DirectionNegative 
Relationship StrengthSignificant

Tax Assets

A component of Total Assets representing tax assets and receivables.

Deferred Revenue

A component of Total Liabilities representing the carrying amount of consideration received or receivable on potential earnings that were not recognized as revenue; including sales; license fees; and royalties; but excluding interest income.
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. Additionally, see Stocks Correlation.L3Harris Technologies Net Loss Income from Discontinued Operations is fairly stable at the moment as compared to the past year. L3Harris Technologies reported Net Loss Income from Discontinued Operations of 1,000,000 in 2021. Selling General and Administrative Expense is likely to rise to about 3.5 B in 2022, whereas Issuance Purchase of Equity Shares is likely to drop (3.7 B) in 2022.
 2010 2021 2022 (projected)
Consolidated Income1.09 B1.84 B1.99 B
Direct Expenses12.89 B12.44 B13.42 B

L3Harris Technologies fundamental ratios Correlations

0.76-0.75-0.360.96-0.30.741.0-0.661.0-0.85-0.16-0.160.990.210.210.960.920.91-0.75-1.00.670.61-0.87
0.76-1.00.330.910.391.00.74-0.990.75-0.990.520.520.850.330.330.910.440.96-1.0-0.810.990.98-0.98
-0.75-1.0-0.35-0.9-0.41-1.0-0.720.99-0.730.98-0.54-0.54-0.83-0.33-0.33-0.9-0.42-0.951.00.8-0.99-0.980.98
-0.360.33-0.35-0.091.00.36-0.39-0.46-0.38-0.180.980.98-0.230.170.17-0.09-0.70.05-0.350.280.450.52-0.14
0.960.91-0.9-0.09-0.030.90.95-0.850.95-0.960.120.120.990.270.271.00.770.99-0.9-0.980.850.81-0.97
-0.30.39-0.411.0-0.030.41-0.34-0.51-0.32-0.240.990.99-0.170.190.19-0.03-0.660.11-0.410.220.50.57-0.2
0.741.0-1.00.360.90.410.72-0.990.73-0.980.540.540.830.330.330.90.420.95-1.0-0.81.00.98-0.97
1.00.74-0.72-0.390.95-0.340.72-0.641.0-0.83-0.2-0.20.980.20.20.950.930.9-0.72-0.990.650.58-0.86
-0.66-0.990.99-0.46-0.85-0.51-0.99-0.64-0.650.96-0.63-0.63-0.76-0.33-0.33-0.84-0.31-0.910.990.72-1.0-1.00.94
1.00.75-0.73-0.380.95-0.320.731.0-0.65-0.84-0.18-0.180.990.20.20.950.930.91-0.73-0.990.660.59-0.86
-0.85-0.990.98-0.18-0.96-0.24-0.98-0.830.96-0.84-0.38-0.38-0.92-0.31-0.31-0.96-0.58-0.990.980.89-0.96-0.931.0
-0.160.52-0.540.980.120.990.54-0.2-0.63-0.18-0.381.0-0.020.230.230.12-0.540.25-0.540.080.620.68-0.34
-0.160.52-0.540.980.120.990.54-0.2-0.63-0.18-0.381.0-0.020.230.230.12-0.540.25-0.540.080.620.68-0.34
0.990.85-0.83-0.230.99-0.170.830.98-0.760.99-0.92-0.02-0.020.240.240.990.850.96-0.83-1.00.770.72-0.93
0.210.33-0.330.170.270.190.330.2-0.330.2-0.310.230.230.241.00.270.090.29-0.33-0.230.330.33-0.31
0.210.33-0.330.170.270.190.330.2-0.330.2-0.310.230.230.241.00.270.090.29-0.33-0.230.330.33-0.31
0.960.91-0.9-0.091.0-0.030.90.95-0.840.95-0.960.120.120.990.270.270.770.99-0.9-0.980.850.81-0.97
0.920.44-0.42-0.70.77-0.660.420.93-0.310.93-0.58-0.54-0.540.850.090.090.770.68-0.42-0.880.320.25-0.61
0.910.96-0.950.050.990.110.950.9-0.910.91-0.990.250.250.960.290.290.990.68-0.95-0.950.910.88-1.0
-0.75-1.01.0-0.35-0.9-0.41-1.0-0.720.99-0.730.98-0.54-0.54-0.83-0.33-0.33-0.9-0.42-0.950.8-0.99-0.980.98
-1.0-0.810.80.28-0.980.22-0.8-0.990.72-0.990.890.080.08-1.0-0.23-0.23-0.98-0.88-0.950.8-0.73-0.670.91
0.670.99-0.990.450.850.51.00.65-1.00.66-0.960.620.620.770.330.330.850.320.91-0.99-0.731.0-0.95
0.610.98-0.980.520.810.570.980.58-1.00.59-0.930.680.680.720.330.330.810.250.88-0.98-0.671.0-0.92
-0.87-0.980.98-0.14-0.97-0.2-0.97-0.860.94-0.861.0-0.34-0.34-0.93-0.31-0.31-0.97-0.61-1.00.980.91-0.95-0.92
Click cells to compare fundamentals

L3Harris Technologies Account Relationship Matchups

L3Harris Technologies Investors Sentiment

The influence of L3Harris Technologies' investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in L3Harris. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock markets does not have a solid backing from leading economists and market statisticians.

L3Harris Technologies Implied Volatility

    
  65.57  
L3Harris Technologies' implied volatility exposes the market's sentiment of L3Harris Technologies stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if L3Harris Technologies' implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that L3Harris Technologies stock will not fluctuate a lot when L3Harris Technologies' options are near their expiration.
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' short interest history, or implied volatility extrapolated from L3Harris Technologies options trading.

Current Sentiment - LHX

L3Harris Technologies Investor Sentiment

Macroaxis portfolio users are evenly split in their trading attitude regarding investing in L3Harris Technologies. What is your trading attitude regarding investing in L3Harris Technologies? Are you bullish or bearish?
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50% Bullish
50% Bearish

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Additionally, see Stocks Correlation. Note that the L3Harris Technologies information on this page should be used as a complementary analysis to other L3Harris Technologies' 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 Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.

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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 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.
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Is L3Harris Technologies' 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 L3Harris Technologies. If investors know L3Harris 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 L3Harris Technologies 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 YOY
0.087
Market Capitalization
45.7 B
Quarterly Revenue Growth YOY
-0.1
Return On Assets
0.046
Return On Equity
0.0929
The market value of L3Harris Technologies is measured differently than its book value, which is the value of L3Harris that is recorded on the company's balance sheet. Investors also form their own opinion of L3Harris Technologies' value that differs from its market value or its book value, called intrinsic value, which is L3Harris Technologies' 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 L3Harris Technologies' market value can be influenced by many factors that don't directly affect L3Harris Technologies' 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 L3Harris Technologies' value and its price as these two are different measures arrived at by different means. Investors typically determine L3Harris Technologies value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, L3Harris Technologies' 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.