L3Harris Historical Financial Ratios

LHX
 Stock
  

USD 234.58  3.27  1.37%   

L3Harris Technologies is lately reporting on over 76 different financial statement accounts. To analyze all of these accounts together requires a lot of time and effort. However, using these accounts to derive some meaningful and actionable indicators such as PPandE Turnover of 7.75 will help investors to properly organize and evaluate L3Harris Technologies financial condition quickly. Financial Statement Analysis is infinitely more than just reviewing and investigating L3Harris Technologies recent 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.
  

About L3Harris Financial Ratios Analysis

L3Harris TechnologiesFinancial ratios are relationships based on a company's financial information. They can serve as useful tools to evaluate L3Harris Technologies investment potential. Financial ratio analysis can also be defined as the process of presenting financial ratios, which are mathematical indicators calculated by comparing key financial information appearing on L3Harris financial statements. Financial ratios are useful tools that help investors analyze and compare relationships between different pieces of financial information across L3Harris Technologies history.

L3Harris Technologies Financial Ratios Chart

L3Harris Technologies financial ratios usually calculated using numerical values taken directly from L3Harris Technologies financial statements such as income statements or balance sheets. They help investors to obtain meaningful information about L3Harris Technologies. Most financial ratios help to conduct quantitative analysis to assess vital information about the company's valuation as well as profitability and liquidity indicators such as leverage, growth, profit margins, and different types of rates of return.

Return on Average Assets

Return on assets measures how profitable a company is Net Income Common Stock relative to its total assets [AssetsAvg].

Return on Average Equity

Return on equity measures a corporation's profitability by calculating the amount of Net Income Common Stock returned as a percentage of [EquityAvg].

Return on Sales

Return on Sales is a ratio to evaluate a company's operational efficiency; calculated by dividing Earning Before Interest and Taxes EBIT by Revenues. ROS is often a component of DuPont ROE analysis.
Most ratios from L3Harris Technologies fundamentals are interrelated and interconnected. However, analyzing fundamentals ratios 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 fundamentals ratios, 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)
Long Term Debt to Equity0.330.370.38
Interest Coverage4.837.138.03

L3Harris Technologies fundamentals Correlations

1.00.9-0.88-0.590.98-0.55-1.00.99-0.990.990.940.860.86-0.450.920.73-1.00.820.990.631.00.890.89-0.96-0.93
1.00.89-0.87-0.570.98-0.58-1.00.99-0.990.990.930.840.84-0.480.90.71-1.00.810.990.651.00.90.9-0.97-0.94
0.90.89-1.0-0.890.96-0.13-0.910.95-0.940.830.991.01.0-0.021.00.96-0.890.990.820.220.870.60.6-0.75-0.68
-0.88-0.87-1.00.9-0.950.10.9-0.940.93-0.81-0.99-1.0-1.0-0.02-1.0-0.960.88-0.99-0.81-0.19-0.85-0.57-0.570.730.66
-0.59-0.57-0.890.9-0.73-0.340.62-0.70.68-0.48-0.83-0.92-0.92-0.45-0.87-0.980.58-0.94-0.470.26-0.54-0.16-0.150.360.26
0.980.980.96-0.95-0.73-0.39-0.991.0-1.00.950.990.940.94-0.290.970.84-0.980.910.950.480.970.790.79-0.9-0.85
-0.55-0.58-0.130.1-0.34-0.390.53-0.430.45-0.66-0.24-0.04-0.050.99-0.170.170.560.02-0.67-1.0-0.6-0.87-0.870.750.81
-1.0-1.0-0.910.90.62-0.990.53-0.991.0-0.99-0.95-0.87-0.880.43-0.93-0.751.0-0.84-0.98-0.6-1.0-0.87-0.870.960.92
0.990.990.95-0.94-0.71.0-0.43-0.99-1.00.960.980.920.92-0.330.960.82-0.990.890.960.520.980.820.82-0.92-0.88
-0.99-0.99-0.940.930.68-1.00.451.0-1.0-0.97-0.97-0.91-0.910.35-0.96-0.80.99-0.88-0.97-0.53-0.98-0.83-0.830.930.89
0.990.990.83-0.81-0.480.95-0.66-0.990.96-0.970.880.780.78-0.570.850.63-0.990.741.00.731.00.940.94-0.99-0.97
0.940.930.99-0.99-0.830.99-0.24-0.950.98-0.970.880.980.98-0.121.00.92-0.940.970.880.320.920.680.68-0.82-0.76
0.860.841.0-1.0-0.920.94-0.04-0.870.92-0.910.780.981.00.070.990.98-0.851.00.770.140.820.530.52-0.69-0.62
0.860.841.0-1.0-0.920.94-0.05-0.880.92-0.910.780.981.00.060.990.98-0.851.00.780.140.830.530.53-0.69-0.62
-0.45-0.48-0.02-0.02-0.45-0.290.990.43-0.330.35-0.57-0.120.070.06-0.060.280.470.13-0.58-0.98-0.51-0.81-0.810.670.74
0.920.91.0-1.0-0.870.97-0.17-0.930.96-0.960.851.00.990.99-0.060.94-0.910.980.850.260.890.630.63-0.78-0.71
0.730.710.96-0.96-0.980.840.17-0.750.82-0.80.630.920.980.980.280.94-0.720.990.62-0.080.680.340.33-0.52-0.44
-1.0-1.0-0.890.880.58-0.980.561.0-0.990.99-0.99-0.94-0.85-0.850.47-0.91-0.72-0.82-0.99-0.64-1.0-0.9-0.890.970.94
0.820.810.99-0.99-0.940.910.02-0.840.89-0.880.740.971.01.00.130.980.99-0.820.730.070.790.470.47-0.64-0.57
0.990.990.82-0.81-0.470.95-0.67-0.980.96-0.971.00.880.770.78-0.580.850.62-0.990.730.731.00.950.95-0.99-0.98
0.630.650.22-0.190.260.48-1.0-0.60.52-0.530.730.320.140.14-0.980.26-0.08-0.640.070.730.670.910.92-0.81-0.86
1.01.00.87-0.85-0.540.97-0.6-1.00.98-0.981.00.920.820.83-0.510.890.68-1.00.791.00.670.920.91-0.98-0.95
0.890.90.6-0.57-0.160.79-0.87-0.870.82-0.830.940.680.530.53-0.810.630.34-0.90.470.950.910.921.0-0.98-0.99
0.890.90.6-0.57-0.150.79-0.87-0.870.82-0.830.940.680.520.53-0.810.630.33-0.890.470.950.920.911.0-0.98-0.99
-0.96-0.97-0.750.730.36-0.90.750.96-0.920.93-0.99-0.82-0.69-0.690.67-0.78-0.520.97-0.64-0.99-0.81-0.98-0.98-0.981.0
-0.93-0.94-0.680.660.26-0.850.810.92-0.880.89-0.97-0.76-0.62-0.620.74-0.71-0.440.94-0.57-0.98-0.86-0.95-0.99-0.991.0
Click cells to compare fundamentals

L3Harris Technologies Account Relationship Matchups

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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
0.2
Market Capitalization
44.9 B
Quarterly Revenue Growth YOY
-0.11
Return On Assets
0.0457
Return On Equity
0.0974
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.