Harley Direct Expenses vs Revenues Analysis

HOG
 Stock
  

USD 31.99  0.33  1.04%   

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 Direct Expenses and its Revenues accounts. Please check Risk vs Return Analysis.

Direct Expenses vs Revenues

Direct Expenses vs Revenues Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Harley-Davidson Direct Expenses account and Revenues. At this time, the significance of the direction appears to have strong relationship.
The correlation between Harley Davidson's Direct Expenses and Revenues is 0.76. Overlapping area represents the amount of variation of Direct Expenses that can explain the historical movement of Revenues 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 Direct Expenses and Revenues is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Direct Expenses of Harley-Davidson are associated (or correlated) with its Revenues. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Revenues has no effect on the direction of Direct Expenses i.e., Harley Davidson's Direct Expenses and Revenues go up and down completely randomly.

Correlation Coefficient

0.76
Relationship DirectionPositive 
Relationship StrengthSignificant

Direct Expenses

Revenues

Revenues refers to the total amount of money received by Harley Davidson for goods sold or services provided during a certain time period. It also includes all of Harley-Davidson sales as well as any other increase in Harley-Davidson equity.Revenues are reported on Harley-Davidson income statement and calculated before any expenses are subtracted. Amount of Revenue recognized from goods sold; services rendered; insurance premiums; or other activities that constitute an earning process. Interest income for financial institutions is reported net of interest expense and provision for credit losses.
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

Harley Davidson Investors Sentiment

The influence of Harley Davidson's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Harley. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock markets does not have a solid backing from leading economists and market statisticians.

Harley Davidson Implied Volatility

    
  43.27  
Harley Davidson's implied volatility exposes the market's sentiment of Harley-Davidson stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Harley Davidson's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Harley Davidson stock will not fluctuate a lot when Harley Davidson's options are near their expiration.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Harley Davidson in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Harley Davidson's short interest history, or implied volatility extrapolated from Harley Davidson options trading.

Current Sentiment - HOG

Harley-Davidson Investor Sentiment

Greater number of Macroaxis users are currently bullish on Harley-Davidson. What is your judgment towards investing in Harley-Davidson? Are you bullish or bearish?
Bullish
Bearish
98% Bullish
2% Bearish

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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 Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.

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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.
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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.
Quarterly Earnings Growth YOY
-0.14
Market Capitalization
4.7 B
Quarterly Revenue Growth YOY
0.051
Return On Assets
0.0445
Return On Equity
0.27
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.