Halliburton Stock Financials

HAL -  USA Stock  

USD 36.70  1.63  4.25%

Understanding current and past Halliburton Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Halliburton's financial statements are interrelated, with each one affecting the others. For example, an increase in Halliburton's assets may result in an increase in income on the income statement. Because of this, it is necessary to analyze all of Halliburton's financials over time to get the whole picture.
Halliburton Enterprise Value is relatively stable at the moment as compared to the past year. The company's current Enterprise Value is estimated at 30.73 Billion. Invested Capital is expected to hike to about 22.7 B this year, although the value of Earnings Before Interest Taxes and Depreciation Amortization EBITDA will most likely fall to nearly 2.5 B.
Use fundamental data analysis to validate all available fundamentals of Halliburton to find out if markets are presently mispricing the company. We were able to analyze thirty-eight available reported financial drivers for Halliburton, which can be compared to its competitors. To make sure the equity is not overpriced, please check out all Halliburton financials, including its price to earning, cash per share, price to earnings to growth, as well as the relationship between the gross profit and book value per share . Given that Halliburton has a price to earning of 82.10 X, we strongly advise you to confirm Halliburton regular market performance to make sure the company can sustain itself down the road. Use Halliburton to protect your portfolios against small market fluctuations. The stock experiences a very speculative upward sentiment. Check odds of Halliburton to be traded at $34.87 in 90 days.
  
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With this module, you can analyze Halliburton financials for your investing period. You should be able to track the changes in Halliburton individual financial statements over time to develop the understanding of its risk, liquidity, profitability, or other critical and vital indicators.
The fundamental analysis of Halliburton is a critical element in measuring its lifeblood. The essential information of the day-to-day investment outlook for Halliburton includes many different criteria found on its balance sheet. For example, investors should never minimize Halliburton's ability to pay suppliers or employees on time, making sure interest payments are not accumulating or correctly timing where and how to re-invest extra cash. Any individual investor needs to monitor Halliburton's cash flow, debt, and profitability to effectively and accurately make more informed decisions on whether to invest in Halliburton.

Halliburton Cash

Chance Of Financial Distress
Less than 15
Halliburton has less than 15 (%) percent chance of experiencing financial distress in the next two years of operations. The calculation of odds of distress for Halliburton stock is tightly coupled with the Probability of Bankruptcy. It complements the equity performance score by supplying investors with insight into company financials without requiring them to know too much about all of the complex accounting and financial indicators surrounding the entity. More Info
The data published in Halliburton's official financial statements usually reflect Halliburton's business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of Halliburton. For example, before you start analyzing numbers published by Halliburton accountants, it's critical to develop an understanding of what Halliburton's liquidity, profitability, and earnings quality are in the context of the Energy space in which it operates.
Please note, the presentation of Halliburton's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Halliburton's management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in Halliburton's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Halliburton. Please utilize our Beneish M Score to check the likelihood of Halliburton's management to manipulate its earnings.

Halliburton Company Summary

Halliburton competes with Baker Hughes, Championx Corp, Dril Quip, Forum Energy, and TechnipFMC Plc. Halliburton Company provides products and services to the energy industry worldwide. Halliburton Company was founded in 1919 and is based in Houston, Texas. Halliburton operates under Oil Gas Equipment Services classification in the United States and is traded on New York Stock Exchange. It employs 40000 people.
Foreign Associates
Specialization
Energy, Oil & Gas Equipment & Services
InstrumentUSA Stock View All
ExchangeNew York Stock Exchange
ISINUS4062161017
CUSIP406216101
LocationTexas; U.S.A
Business Address3000 North Sam
SectorEnergy
IndustryOil & Gas Equipment & Services
BenchmarkDOW
Websitewww.halliburton.com
Phone281 871 2699
CurrencyUSD - US Dollar
You should never invest in Halliburton without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Halliburton Stock, because this is throwing your money away. Analyzing the key information contained in Halliburton's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.

Halliburton Key Financial Ratios

Generally speaking, Halliburton's financial ratios allow both analysts and investors to convert raw data from Halliburton's financial statements into concise, actionable information that can be used to evaluate the performance of Halliburton over time and compare it to other companies across industries. There are many critical financial ratios that investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Halliburton reports annually and quarterly.

Halliburton Key Balance Sheet Accounts

201720182019202020212022 (projected)
Inventories2.4 B3.03 B3.14 B2.35 B2.36 B2.81 B
Receivables5.04 B5.23 B4.58 B3.07 B3.67 B4.79 B
Accounts Payable2.55 B3.02 B2.43 B1.57 B2.35 B2.15 B
Total Assets25.09 B25.98 B25.38 B20.68 B22.32 B23.07 B
Current Assets10.78 B11.15 B11.21 B9.47 B9.94 B10.49 B
Assets Non Current14.31 B14.83 B14.16 B11.21 B12.38 B12.58 B
Cash and Equivalents2.34 B2.01 B2.27 B2.56 B3.04 B2.99 B
Total Debt10.94 B10.31 B11.36 B10.84 B10.21 B10.99 B
Debt Current170 M512 M219 M946 M240 M354.59 M
Debt Non Current10.43 B10.31 B11.14 B9.89 B9.97 B10.72 B
Shareholders Equity8.32 B9.52 B8.01 B4.97 B6.71 B8.17 B
Inventory2.4 B3.03 B3.14 B2.35 B2.36 B2.44 B
Total Liabilities16.74 B16.44 B17.35 B15.7 B15.59 B17.38 B
Current Liabilities4.86 B4.8 B4.88 B4.42 B4.31 B4.27 B
Tax Assets1.23 B1.38 B1.68 B2.17 B2.69 B2.22 B
Tax Liabilities231 M248 M310 M508 M553 M492.08 M

Halliburton Key Income Statement Accounts

An income statement is very similar to a cash flow statement, but instead of showing net revenue minus expenses, it only includes earnings before interest and taxes (EBIT). This number does not have all of the same line items that are on a cash flow statement, but it leaves out non-cash expenses like depreciation and amortization. For example, if you bought $100 worth of goods from Walmart (WMT) using your debit card that has an interest rate of 20%, then paid off the balance at the end of the month with a credit card that charges 30% interest, you would have an income statement showing EBIT of $80 because your expenses are lower than the amount that went into your pocket. The other reason investors look at the income statement is to determine what Halliburton's earnings per share (EPS) will be in order to see if they want to buy more shares or not. For example, if a company earned $20 million in the last quarter and has 100,000 shares outstanding, its EPS is 20 cents. If you find that this number beats analysts' forecasts or is higher than it was from the same period last year, then you might want to buy more of this stock even though its price per share may not have changed.
201720182019202020212022 (projected)
Direct Expenses18.36 B21.01 B20.12 B12.9 B13.28 B18.23 B
Consolidated Income(468 M)1.66 B(1.13 B)(2.94 B)1.47 B1.58 B
Cost of Revenue18.34 B21.01 B20.12 B12.9 B13.28 B15.32 B
Gross Profit2.28 B2.99 B2.29 B1.54 B2.02 B2.37 B
Interest Expense593 M554 M569 M505 M469 M512.68 M
Net Income(463 M)1.66 B(1.13 B)(2.94 B)1.46 B1.57 B
Operating Expenses903 M519 M2.73 B3.98 B216 M221.68 M
Operating Income1.37 B2.47 B(448 M)(2.44 B)1.8 B1.44 B
Revenues20.62 B24 B22.41 B14.45 B15.29 B17.69 B
Income Tax Expense1.13 B157 M7 M(278 M)(216 M)(221.68 M)

Halliburton Key Cash Accounts

Cash flow analysis captures how much money flows into and out of Halliburton. It measures of how well Halliburton is doing because it can show the actual money that comes into and out of the company from sales instead of measuring expenses against revenue to determine earnings. You have to read the cash flow statement in three sections. The first section shows how much money Halliburton brought in, usually known as net revenue or sales. This is different from earnings because it does not include expenses when determining net revenue for use on this part of the cash flow statement. Next, are operating activities, which show how much money Halliburton had leftover after paying for its expenses. This number can be calculated in two ways: by subtracting the total of all operating expenses from net revenue or by adding up changes to cash and other assets or liabilities on this part of the statement. The third section is about investing activities, which shows what Halliburton has done with the money that it received from the sale of assets or what it spent to acquire new ones. This section can be broken down into two parts: investing in existing businesses (in other words, buying more stock) and investing in non-business activities like paying off debt or making acquisitions.
201720182019202020212022 (projected)
Capital Expenditure(1.22 B)(1.81 B)(1.34 B)(442 M)(455 M)(490.92 M)
Depreciation Amortization and Accretion1.56 B1.61 B1.62 B1.06 B904 M1.13 B
Net Cash Flow or Change in Cash and Cash Equivalents(1.67 B)(329 M)260 M295 M481 M518.97 M
Net Cash Flow Business Acquisitions and Disposals(39 M)(31 M)(628 M)(187 M)(215.05 M)(232.03 M)
Issuance Purchase of Equity Shares158 M(205 M)18 M(13 M)79 M85.24 M
Issuance Repayment of Debt Securities(1.64 B)(445 M)(13 M)(660 M)(700 M)(718.42 M)
Payment of Dividends and Other Cash Distributions(620 M)(626 M)(630 M)(278 M)(161 M)(173.71 M)
Net Cash Flow from Financing(2.16 B)(1.42 B)(695 M)(1.01 B)(838 M)(860.05 M)
Net Cash Flow from Investing(1.93 B)(1.99 B)(1.45 B)(486 M)(534 M)(576.16 M)
Net Cash Flow from Operations2.47 B3.16 B2.44 B1.88 B1.91 B2.11 B
Effect of Exchange Rate Changes on Cash(52 M)(74 M)(45 M)(93 M)(58 M)(59.53 M)

Halliburton Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Halliburton's current stock value. Our valuation model uses many indicators to compare Halliburton value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Halliburton competition to find correlations between indicators driving Halliburton's intrinsic value. More Info.
Halliburton is rated # 4 in current ratio category among related companies. It is rated below average in short ratio category among related companies fabricating about  0.57  of Short Ratio per Current Ratio. The ratio of Current Ratio to Short Ratio for Halliburton is roughly  1.77 . Halliburton Current Ratio is relatively stable at the moment as compared to the past year. The company's current value of Current Ratio is estimated at 2.32. Comparative valuation analysis is a catch-all model that can be used if you cannot value Halliburton by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Halliburton's Stock . Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Halliburton's earnings, one of the primary drivers of an investment's value.

Halliburton Systematic Risk

Halliburton's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Halliburton volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was thirty with a total number of output elements of thirty-one. The Beta measures systematic risk based on how returns on Halliburton correlated with the market. If Beta is less than 0 Halliburton generally moves in the opposite direction as compared to the market. If Halliburton Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Halliburton is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Halliburton is generally in the same direction as the market. If Beta > 1 Halliburton moves generally in the same direction as, but more than the movement of the benchmark.
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About Halliburton Financials

What exactly are Halliburton Financials? Typically, a company's financial statements are the reports that show the financial position of the company. Three primary documents fall into the category of financial statements. These documents include Halliburton's income statement, its balance sheet, and the statement of cash flows. Potential Halliburton investors and stakeholders use financial statements to determine how well the company is positioned to perform in the future. Although Halliburton investors may use each financial statement separately, they are all related. The changes in Halliburton's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Halliburton's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.
There are several different ways that investors can use financial statements to try and predict whether a stock price will go up or down. Unfortunately, there is no surefire formula, but there are some general guidelines that you should keep in mind when looking at the numbers. First, realize what kind of company it is so you know if its revenues are more likely to grow or shrink over time. For example, a software company's revenue is expected to increase year after year due to new products and services that its customers will want to buy. At the same time, a car manufacturer might not be able to sell as many cars when the economy slows down, so it would have less net income during those times. Second, pay attention to its debt to equity ratio because this number will tell you how much risk it has. If a company such as Halliburton is not taking on any additional risks, its debt-to-equity should be less than one. As a general rule of thumb, if the market value or book value (which can be found in the footnotes) of assets exceeds the company's liabilities, then it is probably in good shape. Finally, use other financial statements to try and figure out if a stock price will go up or down because investors are always looking for growth opportunities when they buy new stocks. For example, if you see that net revenue of Halliburton grown by more than 25% over the last five years, then there is a good chance that it will continue growing at least by 20% or more each year. On the other hand, if you see that net revenue has only grown by about 15%, which is barely above inflation levels, then chances are it will not grow much faster than this over time, and investors may shy away from buying it.

Halliburton Thematic Clasifications

Halliburton is part of several thematic ideas from Climate Change to Petroleum and Natural. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. Get More Thematic Ideas
Climate Change Idea
Climate ChangeView
Petroleum and Natural Idea
Petroleum and NaturalView

Halliburton May 24, 2022 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Halliburton help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Halliburton. We use our internally-developed statistical techniques to arrive at the intrinsic value of Halliburton based on widely used predictive technical indicators. In general, we focus on analyzing Halliburton Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Halliburton's daily price indicators and compare them against related drivers.
Downside Deviation3.7
Information Ratio0.117
Maximum Drawdown19.61
Value At Risk(4.96)
Potential Upside5.56
Please check Risk vs Return Analysis. Note that the Halliburton information on this page should be used as a complementary analysis to other Halliburton'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 Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.

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When running Halliburton price analysis, check to measure Halliburton'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 Halliburton is operating at the current time. Most of Halliburton's value examination focuses on studying past and present price action to predict the probability of Halliburton's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Halliburton's price. Additionally, you may evaluate how the addition of Halliburton to your portfolios can decrease your overall portfolio volatility.
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Is Halliburton's 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 Halliburton. If investors know Halliburton 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 Halliburton listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Halliburton is measured differently than its book value, which is the value of Halliburton that is recorded on the company's balance sheet. Investors also form their own opinion of Halliburton's value that differs from its market value or its book value, called intrinsic value, which is Halliburton's 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 Halliburton's market value can be influenced by many factors that don't directly affect Halliburton's 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 Halliburton's value and its price as these two are different measures arrived at by different means. Investors typically determine Halliburton value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Halliburton's 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.