L3Harris Historical Balance Sheet

LHX
 Stock
  

USD 237.81  1.99  0.84%   

Trend analysis of L3Harris Technologies balance sheet accounts such as Total Assets of 37.4 B provides information on L3Harris Technologies' total assets, liabilities, and equity, which is the actual value of L3Harris Technologies to its prevalent stockholders. By breaking down trends over time using L3Harris Technologies balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year. Financial Statement Analysis is much more than just reviewing and breaking down L3Harris Technologies prevalent accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether L3Harris Technologies is a good buy for the upcoming year.
Additionally, see Stocks Correlation.
  
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About L3Harris Balance Sheet Analysis

Balance Sheet is a snapshot of the financial position of L3Harris Technologies at a specified time, usually calculated after every quarter, six months, or one year. L3Harris Technologies Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of L3Harris Technologies and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which L3Harris currently owns. An asset can also be divided into two categories, current and non-current.

L3Harris Technologies Balance Sheet Chart

L3Harris Technologies Balance Sheet is one of the main financial statements that report all assets, liabilities, and shareholders' equity for the current year. It provides a basis for different types of computing rates of return, such as return on equity (ROE) or return on asset (ROA), as well as shows how L3Harris Technologies uses and utilizes its capital. It also shows what exactly a company owns and owes.

Total Assets

Total assets refers to the total amount of L3Harris Technologies assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in L3Harris Technologies books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. Sum of the carrying amounts as of the balance sheet date of all assets that are recognized. Major components are Cash and Equivalents; Investments; Goodwill and Intangible Assets; Property Plant and Equipment Net; Tax Assets and Trade and Non Trade Receivables.

Current Assets

Current assets of L3Harris Technologies include cash, cash equivalents, short-term investments, accounts receivable, stock inventory and the portion of prepaid liabilities which will be paid within a year. Depending on the nature of the business, current assets can range from barrels of crude oil, to baked goods, to foreign currency. Current assets are important because they are the assets that are used to fund day-to-day operations of L3Harris Technologies. The current portion of Total Assets; reported if a company operates a classified balance sheet that segments current and non-current assets.

Shareholders Equity

A principal component of the balance sheet; in addition to Total Liabilities and Total Assets; that represents the total of all stockholders' equity (deficit) items; net of receivables from officers; directors; owners; and affiliates of the entity which are attributable to the parent.

Total Liabilities

Deferred Income Tax is recorded on L3Harris Technologies balance sheet and a result of income already earned and recognized for accounting, but not tax, purposes. Also, differences between tax laws and accounting methods can result in a temporary difference in the amount of income tax payable by a company. This difference is recorded on L3Harris Technologies books as deferred income tax. Sum of the carrying amounts as of the balance sheet date of all liabilities that are recognized. Principal components are Total Debt; Deferred Revenue; Trade and Non Trade Payables; Deposit Liabilities; and Tax Liabilities.
Most accounts from L3Harris Technologies balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts 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 balance sheet accounts, 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.
 2010 2021 2022 (projected)
Receivables1.34 B1.04 B909.86 M
Inventories973 M982 M857.58 M

L3Harris Technologies balance sheet 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
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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

    
  9.46  
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 Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.

Complementary Tools for L3Harris Stock analysis

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
45.5 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.