Halliburton Total Debt vs Debt Current Analysis

HAL
 Stock
  

USD 30.95  0.91  3.03%   

Halliburton financial indicator trend analysis is much more than just examining Halliburton latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Halliburton is a good investment. Please check the relationship between Halliburton Total Debt and its Debt Current accounts. Please check Risk vs Return Analysis.

Total Debt vs Debt Current

Total Debt vs Debt Current Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Halliburton Total Debt account and Debt Current. At this time, the significance of the direction appears to have strong relationship.
The correlation between Halliburton's Total Debt and Debt Current is 0.68. Overlapping area represents the amount of variation of Total Debt that can explain the historical movement of Debt Current in the same time period over historical financial statements of Halliburton, assuming nothing else is changed. The correlation between historical values of Halliburton's Total Debt and Debt Current is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Debt of Halliburton are associated (or correlated) with its Debt Current. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Debt Current has no effect on the direction of Total Debt i.e., Halliburton's Total Debt and Debt Current go up and down completely randomly.

Correlation Coefficient

0.68
Relationship DirectionPositive 
Relationship StrengthSignificant

Total Debt

Total Debt of Halliburton is a combination of both Halliburton short-term and long-term liabilities. Short-term debts are those that must be paid back within a year. This type of debt applies to things like lines of credit or short-term term bonds. Long-term debt of Halliburton includes liability that must be paid off in more than a year. This typically includes large senior debts like mortgages, bonds, as well as business loans or leases. A component of Total Liabilities representing the total amount of current and non-current debt owed. Includes secured and unsecured bonds issued; commercial paper; notes payable; credit facilities; lines of credit; capital lease obligations; operating lease obligations; and convertible notes.

Debt Current

The current portion of Total Debt; reported if the company operates a classified balance sheet that segments current and non-current liabilities.
Most indicators from Halliburton fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Halliburton 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. Please check Risk vs Return Analysis.Halliburton Selling General and Administrative Expense is relatively stable at the moment as compared to the past year. The company's current value of Selling General and Administrative Expense is estimated at 211.9 Million. Issuance Purchase of Equity Shares is expected to hike to about 85.2 M this year, although the value of Net Cash Flow Business Acquisitions and Disposals will most likely fall to (232 M).
 2019 2020 2021 2022 (projected)
Interest Expense569 M505 M469 M512.68 M
Gross Profit2.29 B1.54 B2.02 B2.37 B

Halliburton fundamental ratios Correlations

0.80.690.360.20.53-0.3-0.18-0.39-0.150.470.370.090.850.070.67-0.050.620.510.66-0.250.0
0.80.580.670.540.75-0.02-0.24-0.47-0.210.740.75-0.270.830.030.79-0.110.570.840.94-0.54-0.22
0.690.580.280.070.54-0.20.23-0.120.27-0.020.00.490.510.40.630.310.910.290.430.1-0.17
0.360.670.280.960.910.670.29-0.080.320.550.73-0.230.650.480.750.390.20.90.66-0.33-0.41
0.20.540.070.960.740.80.250.00.260.550.75-0.330.550.40.640.330.00.820.56-0.4-0.3
0.530.750.540.910.740.380.3-0.20.340.470.59-0.050.690.520.80.420.440.860.71-0.18-0.51
-0.3-0.02-0.20.670.80.380.590.40.580.020.3-0.06-0.010.580.220.58-0.270.35-0.030.03-0.17
-0.18-0.240.230.290.250.30.590.681.0-0.52-0.420.69-0.210.960.180.980.12-0.09-0.390.66-0.16
-0.39-0.47-0.12-0.080.0-0.20.40.680.63-0.5-0.540.57-0.420.560.010.59-0.23-0.38-0.560.470.17
-0.15-0.210.270.320.260.340.581.00.63-0.51-0.390.69-0.180.960.190.990.16-0.06-0.360.66-0.19
0.470.74-0.020.550.550.470.02-0.52-0.5-0.510.85-0.730.7-0.310.51-0.420.00.790.84-0.79-0.11
0.370.750.00.730.750.590.3-0.42-0.54-0.390.85-0.740.67-0.230.5-0.330.020.880.84-0.77-0.27
0.09-0.270.49-0.23-0.33-0.05-0.060.690.570.69-0.73-0.74-0.210.660.080.670.44-0.48-0.480.790.21
0.850.830.510.650.550.69-0.01-0.21-0.42-0.180.70.67-0.210.050.82-0.080.470.790.84-0.53-0.17
0.070.030.40.480.40.520.580.960.560.96-0.31-0.230.660.050.410.990.30.14-0.140.54-0.18
0.670.790.630.750.640.80.220.180.010.190.510.50.080.820.410.270.540.740.75-0.28-0.15
-0.05-0.110.310.390.330.420.580.980.590.99-0.42-0.330.67-0.080.990.270.20.03-0.270.61-0.19
0.620.570.910.20.00.44-0.270.12-0.230.160.00.020.440.470.30.540.20.250.460.04-0.11
0.510.840.290.90.820.860.35-0.09-0.38-0.060.790.88-0.480.790.140.740.030.250.89-0.64-0.5
0.660.940.430.660.560.71-0.03-0.39-0.56-0.360.840.84-0.480.84-0.140.75-0.270.460.89-0.7-0.29
-0.25-0.540.1-0.33-0.4-0.180.030.660.470.66-0.79-0.770.79-0.530.54-0.280.610.04-0.64-0.70.31
0.0-0.22-0.17-0.41-0.3-0.51-0.17-0.160.17-0.19-0.11-0.270.21-0.17-0.18-0.15-0.19-0.11-0.5-0.290.31
Click cells to compare fundamentals

Halliburton Account Relationship Matchups

Halliburton fundamental ratios 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
Accumulated Other Comprehensive Income(454 M)(469 M)(355 M)(362 M)(183 M)(197.45 M)
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
Cash and Equivalents USD2.34 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
Total Debt USD10.94 B10.31 B11.36 B10.84 B10.21 B10.99 B
Shareholders Equity8.32 B9.52 B8.01 B4.97 B6.71 B8.17 B
Shareholders Equity USD8.32 B9.52 B8.01 B4.97 B6.71 B8.17 B
Goodwill and Intangible Assets2.69 B2.83 B2.81 B2.8 B2.84 B2.93 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
Liabilities Non Current11.87 B11.64 B12.47 B11.28 B11.29 B12.36 B
Trade and Non Trade Payables2.55 B3.02 B2.43 B1.57 B2.35 B2.54 B
Property Plant and Equipment Net8.52 B8.87 B8.24 B5.11 B5.26 B6.57 B
Trade and Non Trade Receivables5.04 B5.23 B4.58 B3.07 B3.67 B4.05 B
Accumulated Retained Earnings Deficit12.67 B13.74 B11.99 B8.69 B9.71 B11.39 B
Tax Assets1.23 B1.38 B1.68 B2.17 B2.69 B2.22 B
Tax Liabilities231 M248 M310 M508 M553 M492.08 M

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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 Analyst Recommendations module to analyst recommendations and target price estimates broken down by several categories.

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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.