Harley Cash and Equivalents vs Total Liabilities Analysis

HOG
 Stock
  

USD 32.09  0.48  1.47%   

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

Cash and Equivalents vs Total Liabilities

Cash and Equivalents vs Total Liabilities Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Harley-Davidson Cash and Equivalents account and Total Liabilities. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Harley Davidson's Cash and Equivalents and Total Liabilities is 0.52. Overlapping area represents the amount of variation of Cash and Equivalents that can explain the historical movement of Total Liabilities in the same time period over historical financial statements of Harley-Davidson, assuming nothing else is changed. The correlation between historical values of Harley Davidson's Cash and Equivalents and Total Liabilities is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash and Equivalents of Harley-Davidson are associated (or correlated) with its Total Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Liabilities has no effect on the direction of Cash and Equivalents i.e., Harley Davidson's Cash and Equivalents and Total Liabilities go up and down completely randomly.

Correlation Coefficient

0.52
Relationship DirectionPositive 
Relationship StrengthWeak

Cash and Equivalents

A component of Total Assets representing the amount of currency on hand as well as demand deposits with banks or financial institutions.

Total Liabilities

Deferred Income Tax is recorded on Harley-Davidson 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 Harley Davidson 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; [DeferredRev]; Trade and Non Trade Payables; Deposit Liabilities; and Tax Liabilities.
Most indicators from Harley Davidson fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Harley-Davidson 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.Harley Davidson Enterprise Value over EBIT is projected to increase significantly based on the last few years of reporting. The past year's Enterprise Value over EBIT was at 13.00. The current year Enterprise Value over EBITDA is expected to grow to 13.09, whereas Net Cash Flow Business Acquisitions and Disposals is forecasted to decline to (58.2 M).
 2019 2020 2021 2022 (projected)
Consolidated Income423.63 M1.3 M650.02 M586.11 M
Direct Expenses3.57 B2.86 B3.46 B3.84 B

Harley Davidson fundamental ratios Correlations

0.060.720.640.140.890.030.650.560.610.62-0.420.860.950.73-0.160.890.650.610.550.64-0.01-0.06-0.75-0.77
0.06-0.39-0.27-0.590.15-0.790.040.070.01-0.42-0.430.110.030.620.910.21-0.04-0.01-0.06-0.390.820.86-0.18-0.32
0.72-0.390.70.50.620.480.50.390.510.76-0.160.640.740.29-0.530.570.590.520.530.96-0.59-0.48-0.42-0.26
0.64-0.270.70.80.80.670.890.80.810.55-0.480.810.730.51-0.530.790.930.870.790.74-0.4-0.51-0.48-0.57
0.14-0.590.50.80.280.950.640.570.580.27-0.260.380.23-0.04-0.650.270.70.640.620.55-0.64-0.760.02-0.08
0.890.150.620.80.280.120.790.710.720.61-0.50.920.930.86-0.190.990.780.750.650.630.0-0.06-0.79-0.83
0.03-0.790.480.670.950.120.450.410.410.3-0.040.220.11-0.28-0.790.090.520.480.460.51-0.74-0.850.090.07
0.650.040.50.890.640.790.450.880.930.21-0.790.910.650.66-0.160.80.990.90.870.480.02-0.21-0.49-0.72
0.560.070.390.80.570.710.410.880.650.19-0.620.760.580.6-0.130.720.850.980.550.380.04-0.09-0.53-0.65
0.610.010.510.810.580.720.410.930.650.18-0.80.880.60.6-0.170.740.930.690.980.480.0-0.27-0.38-0.66
0.62-0.420.760.550.270.610.30.210.190.180.190.410.750.24-0.670.530.30.320.220.84-0.63-0.44-0.4-0.24
-0.42-0.43-0.16-0.48-0.26-0.5-0.04-0.79-0.62-0.80.19-0.73-0.39-0.63-0.33-0.54-0.77-0.6-0.77-0.12-0.45-0.190.170.58
0.860.110.640.810.380.920.220.910.760.880.41-0.730.850.78-0.140.920.90.80.820.60.07-0.1-0.67-0.79
0.950.030.740.730.230.930.110.650.580.60.75-0.390.850.75-0.250.910.680.660.570.75-0.15-0.15-0.68-0.71
0.730.620.290.51-0.040.86-0.280.660.60.60.24-0.630.780.750.320.890.620.590.520.290.40.36-0.69-0.83
-0.160.91-0.53-0.53-0.65-0.19-0.79-0.16-0.13-0.17-0.67-0.33-0.14-0.250.32-0.12-0.25-0.23-0.23-0.590.850.840.08-0.09
0.890.210.570.790.270.990.090.80.720.740.53-0.540.920.910.89-0.120.790.750.670.580.06-0.02-0.79-0.87
0.65-0.040.590.930.70.780.520.990.850.930.3-0.770.90.680.62-0.250.790.90.90.58-0.1-0.3-0.42-0.66
0.61-0.010.520.870.640.750.480.90.980.690.32-0.60.80.660.59-0.230.750.90.610.53-0.09-0.18-0.52-0.63
0.55-0.060.530.790.620.650.460.870.550.980.22-0.770.820.570.52-0.230.670.90.610.52-0.09-0.36-0.24-0.56
0.64-0.390.960.740.550.630.510.480.380.480.84-0.120.60.750.29-0.590.580.580.530.52-0.67-0.53-0.35-0.2
-0.010.82-0.59-0.4-0.640.0-0.740.020.040.0-0.63-0.450.07-0.150.40.850.06-0.1-0.09-0.09-0.670.83-0.13-0.36
-0.060.86-0.48-0.51-0.76-0.06-0.85-0.21-0.09-0.27-0.44-0.19-0.1-0.150.360.84-0.02-0.3-0.18-0.36-0.530.83-0.18-0.14
-0.75-0.18-0.42-0.480.02-0.790.09-0.49-0.53-0.38-0.40.17-0.67-0.68-0.690.08-0.79-0.42-0.52-0.24-0.35-0.13-0.180.69
-0.77-0.32-0.26-0.57-0.08-0.830.07-0.72-0.65-0.66-0.240.58-0.79-0.71-0.83-0.09-0.87-0.66-0.63-0.56-0.2-0.36-0.140.69
Click cells to compare fundamentals

Harley Davidson Account Relationship Matchups

Harley Davidson fundamental ratios Accounts

201720182019202020212022 (projected)
Inventories538.2 M556.13 M603.57 M523.5 M712.94 M586.86 M
Receivables2.44 B2.52 B2.53 B1.65 B1.65 B2.1 B
Accounts Payable227.6 M284.86 M294.38 M290.9 M374.98 M306.79 M
Accumulated Other Comprehensive Income(500.05 M)(629.68 M)(536.95 M)(483.42 M)(240.92 M)(259.94 M)
Total Assets9.97 B10.67 B10.53 B12.01 B11.05 B11.7 B
Current Assets3.88 B4.48 B4.2 B5.85 B4.55 B4.89 B
Assets Non Current6.09 B6.18 B6.33 B6.17 B6.5 B6.82 B
Cash and Equivalents735.04 M1.25 B898.42 M3.39 B2 B1.85 B
Cash and Equivalents USD735.04 M1.25 B898.42 M3.39 B2 B1.85 B
Total Debt6.99 B7.6 B7.49 B9.02 B6.92 B7.5 B
Debt Current2.4 B2.71 B2.32 B3.05 B2.29 B2.43 B
Debt Non Current4.59 B4.89 B5.17 B5.96 B4.63 B5.07 B
Total Debt USD6.99 B7.6 B7.49 B9.02 B6.92 B7.5 B
Shareholders Equity1.84 B1.77 B1.8 B1.72 B2.55 B2.28 B
Shareholders Equity USD1.84 B1.77 B1.8 B1.72 B2.55 B2.28 B
Goodwill and Intangible Assets55.95 M55.05 M64.16 M65.98 M63.18 M61.08 M
Inventory538.2 M556.13 M603.57 M523.5 M712.94 M675.5 M
Investments6.97 B7.23 B7.37 B6.44 B6.57 B7.29 B
Investments Current2.11 B2.22 B2.27 B1.51 B1.47 B1.59 B
Investments Non Current4.86 B5.01 B5.1 B4.93 B5.11 B5.39 B
Total Liabilities8.13 B8.89 B8.72 B10.29 B8.5 B9.08 B
Current Liabilities3.16 B3.6 B3.2 B3.98 B3.34 B3.44 B
Liabilities Non Current4.97 B5.29 B5.53 B6.31 B5.15 B5.64 B
Trade and Non Trade Payables227.6 M284.86 M294.38 M290.9 M374.98 M349.64 M
Property Plant and Equipment Net967.78 M904.13 M909 M788.99 M733.61 M752.73 M
Trade and Non Trade Receivables329.99 M306.47 M259.33 M143.08 M182.15 M199.65 M
Accumulated Retained Earnings Deficit1.61 B2.01 B2.19 B1.28 B1.84 B2.87 B
Tax Assets109.07 M141.46 M101.2 M158.54 M82.92 M114.67 M

Be your own money manager

Our tools can tell you how much better you can do entering a position in Harley Davidson without increasing your portfolio risk or giving up expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate.risk-adjusted returns of your individual positions relative to your overall portfolio.

Did you try this?

Run Options Analysis Now

   

Options Analysis

Analyze and evaluate options and option chains as a potential hedge for your portfolios
All  Next Launch Module

Becoming a Better Investor with Macroaxis

Macroaxis puts the power of mathematics on your side. We analyze your portfolios and positions such as Harley-Davidson using complex mathematical models and algorithms, but make them easy to understand. There is no real person involved in your portfolio analysis. We perform a number of calculations to compute absolute and relative portfolio volatility, correlation between your assets, value at risk, expected return as well as over 100 different fundamental and technical indicators.

Build Optimal Portfolios

Align your risk with return expectations

Fix your portfolio
By capturing your risk tolerance and investment horizon Macroaxis technology of instant portfolio optimization will compute exactly how much risk is acceptable for your desired return expectations
Please check Risk vs Return Analysis. Note that the Harley-Davidson information on this page should be used as a complementary analysis to other Harley Davidson'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 CEO Directory module to screen CEOs from public companies around the world.

Complementary Tools for Harley Stock analysis

When running Harley-Davidson price analysis, check to measure Harley Davidson'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 Harley Davidson is operating at the current time. Most of Harley Davidson's value examination focuses on studying past and present price action to predict the probability of Harley Davidson's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Harley Davidson's price. Additionally, you may evaluate how the addition of Harley Davidson to your portfolios can decrease your overall portfolio volatility.
Watchlist Optimization
Optimize watchlists to build efficient portfolio or rebalance existing positions based on mean-variance optimization algorithm
Go
Fundamentals Comparison
Compare fundamentals across multiple equities to find investing opportunities
Go
Headlines Timeline
Stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity
Go
Price Transformation
Use Price Transformation models to analyze depth of different equity instruments across global markets
Go
Portfolio Optimization
Compute new portfolio that will generate highest expected return given your specified tolerance for risk
Go
Idea Breakdown
Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes
Go
Stock Screener
Find equities using custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook.
Go
Equity Valuation
Check real value of public entities based on technical and fundamental data
Go
Risk-Return Analysis
View associations between returns expected from investment and the risk you assume
Go
My Watchlist Analysis
Analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like
Go
Bond Analysis
Evaluate and analyze corporate bonds as a potential investment for your portfolios.
Go
Shere Portfolio
Track or share privately all of your investments from the convenience of any device
Go
Portfolio Holdings
Check your current holdings and cash postion to detemine if your portfolio needs rebalancing
Go
Is Harley Davidson'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 Harley Davidson. If investors know Harley 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 Harley Davidson 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 Harley-Davidson is measured differently than its book value, which is the value of Harley that is recorded on the company's balance sheet. Investors also form their own opinion of Harley Davidson's value that differs from its market value or its book value, called intrinsic value, which is Harley Davidson'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 Harley Davidson's market value can be influenced by many factors that don't directly affect Harley Davidson'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 Harley Davidson's value and its price as these two are different measures arrived at by different means. Investors typically determine Harley Davidson value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Harley Davidson'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.