Home Depot Shareholders Equity vs Total Assets Analysis

HD
 Stock
  

USD 279.08  4.81  1.75%   

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

Shareholders Equity vs Total Assets

Shareholders Equity vs Total Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Home Depot Shareholders Equity account and Total Assets. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Home Depot's Shareholders Equity and Total Assets is -0.64. Overlapping area represents the amount of variation of Shareholders Equity that can explain the historical movement of Total Assets in the same time period over historical financial statements of Home Depot, assuming nothing else is changed. The correlation between historical values of Home Depot's Shareholders Equity and Total Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Shareholders Equity of Home Depot are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Shareholders Equity i.e., Home Depot's Shareholders Equity and Total Assets go up and down completely randomly.

Correlation Coefficient

-0.64
Relationship DirectionNegative 
Relationship StrengthWeak

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 Assets

Total assets refers to the total amount of Home Depot 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 Home Depot 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; [TaxAssets] and Trade and Non Trade Receivables.
Most indicators from Home Depot fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Home Depot 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.Home Depot Issuance Repayment of Debt Securities is projected to based on the last few years of reporting. The past year's Issuance Repayment of Debt Securities was at 2.48 Billion. The current year Net Cash Flow Investment Acquisitions and Disposals is expected to grow to about 166.5 M, whereas Issuance Purchase of Equity Shares is projected to grow to (7.9 B).
 2010 2015 2020 2022 (projected)
Consolidated Income6.34 B11.24 B16.43 B15.42 B
Direct Expenses54.22 B72.65 B100.33 B98.73 B

Home Depot fundamental ratios Correlations

1.00.990.990.990.990.60.90.80.911.0-0.640.971.0-0.68-0.680.960.990.920.990.911.0-0.16
1.01.01.01.01.00.660.90.790.911.0-0.630.981.0-0.72-0.720.960.990.921.00.921.0-0.11
0.991.00.990.990.990.660.870.740.881.0-0.560.990.99-0.74-0.740.930.980.891.00.891.0-0.16
0.991.00.991.01.00.710.910.790.930.99-0.640.970.99-0.73-0.730.960.990.930.990.941.0-0.04
0.991.00.991.01.00.710.90.780.910.99-0.610.980.99-0.74-0.740.960.990.920.990.921.0-0.06
0.991.00.991.01.00.710.920.810.930.99-0.650.960.99-0.73-0.730.970.990.940.990.941.0-0.02
0.60.660.660.710.710.710.590.410.620.62-0.30.680.6-0.75-0.750.630.620.630.660.660.660.47
0.90.90.870.910.90.920.590.971.00.89-0.90.790.9-0.53-0.530.990.951.00.871.00.90.2
0.80.790.740.790.780.810.410.970.960.79-0.970.640.8-0.35-0.350.930.860.950.740.940.790.21
0.910.910.880.930.910.930.621.00.960.91-0.880.810.91-0.56-0.560.990.951.00.881.00.910.19
1.01.01.00.990.990.990.620.890.790.91-0.620.971.0-0.7-0.70.950.990.921.00.911.0-0.15
-0.64-0.63-0.56-0.64-0.61-0.65-0.3-0.9-0.97-0.88-0.62-0.44-0.640.190.19-0.82-0.72-0.87-0.56-0.86-0.63-0.35
0.970.980.990.970.980.960.680.790.640.810.97-0.440.97-0.77-0.770.870.940.820.990.820.98-0.21
1.01.00.990.990.990.990.60.90.80.911.0-0.640.97-0.68-0.680.960.990.920.990.911.0-0.16
-0.68-0.72-0.74-0.73-0.74-0.73-0.75-0.53-0.35-0.56-0.70.19-0.77-0.681.0-0.61-0.66-0.57-0.74-0.59-0.72-0.01
-0.68-0.72-0.74-0.73-0.74-0.73-0.75-0.53-0.35-0.56-0.70.19-0.77-0.681.0-0.61-0.66-0.57-0.74-0.59-0.72-0.01
0.960.960.930.960.960.970.630.990.930.990.95-0.820.870.96-0.61-0.610.980.990.930.990.960.09
0.990.990.980.990.990.990.620.950.860.950.99-0.720.940.99-0.66-0.660.980.960.980.960.99-0.06
0.920.920.890.930.920.940.631.00.951.00.92-0.870.820.92-0.57-0.570.990.960.891.00.920.18
0.991.01.00.990.990.990.660.870.740.881.0-0.560.990.99-0.74-0.740.930.980.890.891.0-0.16
0.910.920.890.940.920.940.661.00.941.00.91-0.860.820.91-0.59-0.590.990.961.00.890.920.21
1.01.01.01.01.01.00.660.90.790.911.0-0.630.981.0-0.72-0.720.960.990.921.00.92-0.11
-0.16-0.11-0.16-0.04-0.06-0.020.470.20.210.19-0.15-0.35-0.21-0.16-0.01-0.010.09-0.060.18-0.160.21-0.11
Click cells to compare fundamentals

Home Depot Account Relationship Matchups

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Please check Risk vs Return Analysis. Note that the Home Depot information on this page should be used as a complementary analysis to other Home Depot'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 Probability Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.

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Is Home Depot'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 Home Depot. If investors know Home Depot 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 Home Depot 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
0.06
Market Capitalization
286.8 B
Quarterly Revenue Growth YOY
0.038
Return On Assets
0.2
Return On Equity
0.85
The market value of Home Depot is measured differently than its book value, which is the value of Home Depot that is recorded on the company's balance sheet. Investors also form their own opinion of Home Depot's value that differs from its market value or its book value, called intrinsic value, which is Home Depot'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 Home Depot's market value can be influenced by many factors that don't directly affect Home Depot'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 Home Depot's value and its price as these two are different measures arrived at by different means. Investors typically determine Home Depot value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Home Depot'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.