Freedom Other Current Assets from 2010 to 2024

FRHC Stock  USD 118.88  0.45  0.38%   
Freedom Holding's Other Current Assets are increasing over the years with slightly volatile fluctuation. Other Current Assets are expected to dwindle to about 53.8 M. Other Current Assets is assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories. View All Fundamentals
 
Other Current Assets  
First Reported
1998-06-30
Previous Quarter
550.8 M
Current Value
1.2 B
Quarterly Volatility
418.7 M
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Freedom Holding financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Freedom Holding's main balance sheet or income statement drivers, such as Depreciation And Amortization of 25.7 M, Interest Expense of 526.2 M or Total Revenue of 1.1 B, as well as many indicators such as Price To Sales Ratio of 3.69, Dividend Yield of 0.0 or PTB Ratio of 3.72. Freedom financial statements analysis is a perfect complement when working with Freedom Holding Valuation or Volatility modules.
  
Check out the analysis of Freedom Holding Correlation against competitors.

Latest Freedom Holding's Other Current Assets Growth Pattern

Below is the plot of the Other Current Assets of Freedom Holding Corp over the last few years. It is assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories. Freedom Holding's Other Current Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Freedom Holding's overall financial position and show how it may be relating to other accounts over time.
Other Current Assets10 Years Trend
Slightly volatile
   Other Current Assets   
       Timeline  

Freedom Other Current Assets Regression Statistics

Arithmetic Mean153,497,937
Coefficient Of Variation235.80
Mean Deviation247,050,825
Median16,335,000
Standard Deviation361,955,537
Sample Variance131011.8T
Range1.5B
R-Value0.38
Mean Square Error121018.8T
R-Squared0.14
Significance0.17
Slope30,526,427
Total Sum of Squares1834165.4T

Freedom Other Current Assets History

202453.8 M
202356.7 M
2022501.8 M
2021566.2 M
20201.2 B
2019-233.8 M
201841.1 M

About Freedom Holding Financial Statements

Freedom Holding stakeholders use historical fundamental indicators, such as Freedom Holding's Other Current Assets, to determine how well the company is positioned to perform in the future. Although Freedom Holding investors may analyze each financial statement separately, they are all interrelated. For example, changes in Freedom Holding's assets and liabilities are reflected in the revenues and expenses on Freedom Holding's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Freedom Holding Corp. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Other Current Assets56.7 M53.8 M

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Freedom Holding Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Freedom Holding's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Freedom Holding Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Freedom Holding Corp Stock:
Check out the analysis of Freedom Holding Correlation against competitors.
You can also try the Sectors module to list of equity sectors categorizing publicly traded companies based on their primary business activities.
Is Investment Banking & Brokerage space 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 Freedom Holding. If investors know Freedom 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 Freedom Holding 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
(0.03)
Earnings Share
5.69
Revenue Per Share
22.019
Quarterly Revenue Growth
0.5
Return On Assets
0.0427
The market value of Freedom Holding Corp is measured differently than its book value, which is the value of Freedom that is recorded on the company's balance sheet. Investors also form their own opinion of Freedom Holding's value that differs from its market value or its book value, called intrinsic value, which is Freedom Holding'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 Freedom Holding's market value can be influenced by many factors that don't directly affect Freedom Holding'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 Freedom Holding's value and its price as these two are different measures arrived at by different means. Investors typically determine if Freedom Holding is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Freedom Holding'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.