Cheer Net Debt vs Short Term Debt Analysis

CHR Stock

2.69 0.12 4.67%

Cheer Holding financial indicator trend analysis is way more than just evaluating Cheer Holding prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Cheer Holding is a good investment. Please check the relationship between Cheer Holding Net Debt and its Short Term Debt accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Cheer Holding. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate.

To learn how to invest in Cheer Stock, please use our How to Invest in Cheer Holding guide.

Net Debt vs Short Term Debt

Net Debt vs Short Term Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Cheer Holding Net Debt account and Short Term Debt. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between Cheer Holding's Net Debt and Short Term Debt is -0.26. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Short Term Debt in the same time period over historical financial statements of Cheer Holding, assuming nothing else is changed. The correlation between historical values of Cheer Holding's Net Debt and Short Term Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Debt of Cheer Holding are associated (or correlated) with its Short Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Term Debt has no effect on the direction of Net Debt i.e., Cheer Holding's Net Debt and Short Term Debt go up and down completely randomly.

Correlation Coefficient

-0.26

Relationship Direction	Negative
Relationship Strength	Insignificant

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Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.

Short Term Debt

Most indicators from Cheer Holding's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Cheer Holding 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. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Cheer Holding. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate.

To learn how to invest in Cheer Stock, please use our How to Invest in Cheer Holding guide.At this time, Cheer Holding's Issuance Of Capital Stock is relatively stable compared to the past year. As of 12/25/2024, Sales General And Administrative To Revenue is likely to grow to 0.05, while Tax Provision is likely to drop slightly above 58 K.

	2021	2022	2023	2024 (projected)
Interest Expense	513K	93K	83.7K	79.5K
Depreciation And Amortization	2.5M	3.3M	3.8M	3.1M

Interest Expense Depreciation And Amortization

Cheer Holding fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Capital Lease Obligations	Other Current Assets	Other Stockholder Equity	Total Liab	Net Invested Capital	Property Plant And Equipment Gross	Short Long Term Debt	Total Current Assets
Total Assets		0.29	0.18	0.96	1.0	-0.94	-0.87	-0.92	0.98	0.8	0.9	0.35	0.83	-0.62	0.9	0.81	1.0	-0.29	-0.93	0.9	0.82	0.94	1.0	-0.8	0.72	1.0
Short Long Term Debt Total	0.29		0.73	0.53	0.24	-0.18	0.0	-0.08	0.28	0.46	0.09	0.81	0.42	0.0	0.1	0.46	0.32	0.74	-0.13	0.05	0.01	0.57	0.26	0.26	0.8	0.22
Other Current Liab	0.18	0.73		0.38	0.15	-0.13	-0.04	0.12	0.29	0.35	-0.12	0.75	0.01	0.34	-0.12	0.54	0.2	0.29	-0.09	-0.11	-0.3	0.39	0.17	0.3	0.69	0.12
Total Current Liabilities	0.96	0.53	0.38		0.94	-0.91	-0.79	-0.85	0.95	0.86	0.84	0.57	0.87	-0.59	0.85	0.87	0.97	-0.08	-0.88	0.83	0.74	1.0	0.95	-0.64	0.88	0.93
Total Stockholder Equity	1.0	0.24	0.15	0.94		-0.94	-0.88	-0.92	0.98	0.78	0.9	0.31	0.82	-0.62	0.9	0.8	0.99	-0.34	-0.93	0.91	0.82	0.92	1.0	-0.83	0.68	1.0
Property Plant And Equipment Net	-0.94	-0.18	-0.13	-0.91	-0.94		0.97	0.95	-0.96	-0.73	-0.95	-0.25	-0.83	0.78	-0.95	-0.87	-0.96	0.38	1.0	-0.97	-0.88	-0.89	-0.94	0.86	-0.69	-0.94
Current Deferred Revenue	-0.87	0.0	-0.04	-0.79	-0.88	0.97		0.91	-0.9	-0.53	-0.9	-0.02	-0.68	0.75	-0.9	-0.84	-0.89	0.5	0.98	-0.93	-0.86	-0.77	-0.87	0.93	-0.54	-0.89
Net Debt	-0.92	-0.08	0.12	-0.85	-0.92	0.95	0.91		-0.88	-0.72	-1.0	-0.16	-0.9	0.87	-1.0	-0.69	-0.93	0.37	0.95	-1.0	-0.97	-0.83	-0.92	0.89	-0.56	-0.92
Retained Earnings	0.98	0.28	0.29	0.95	0.98	-0.96	-0.9	-0.88		0.79	0.87	0.38	0.77	-0.58	0.87	0.88	0.99	-0.36	-0.95	0.89	0.76	0.94	0.98	-0.79	0.75	0.97
Accounts Payable	0.8	0.46	0.35	0.86	0.78	-0.73	-0.53	-0.72	0.79		0.72	0.76	0.82	-0.47	0.72	0.6	0.8	-0.13	-0.68	0.7	0.58	0.85	0.79	-0.4	0.79	0.74
Cash	0.9	0.09	-0.12	0.84	0.9	-0.95	-0.9	-1.0	0.87	0.72		0.17	0.91	-0.89	1.0	0.7	0.92	-0.35	-0.95	1.0	0.98	0.83	0.9	-0.88	0.58	0.9
Non Current Assets Total	0.35	0.81	0.75	0.57	0.31	-0.25	-0.02	-0.16	0.38	0.76	0.17		0.45	0.02	0.17	0.4	0.37	0.36	-0.19	0.14	0.0	0.59	0.33	0.24	0.8	0.26
Non Currrent Assets Other	0.83	0.42	0.01	0.87	0.82	-0.83	-0.68	-0.9	0.77	0.82	0.91	0.45		-0.83	0.91	0.62	0.86	0.03	-0.8	0.87	0.88	0.88	0.82	-0.62	0.73	0.8
Other Assets	-0.62	0.0	0.34	-0.59	-0.62	0.78	0.75	0.87	-0.58	-0.47	-0.89	0.02	-0.83		-0.89	-0.5	-0.66	0.19	0.78	-0.88	-0.94	-0.59	-0.62	0.74	-0.39	-0.62
Cash And Short Term Investments	0.9	0.1	-0.12	0.85	0.9	-0.95	-0.9	-1.0	0.87	0.72	1.0	0.17	0.91	-0.89		0.7	0.92	-0.34	-0.95	1.0	0.98	0.83	0.9	-0.87	0.58	0.9
Net Receivables	0.81	0.46	0.54	0.87	0.8	-0.87	-0.84	-0.69	0.88	0.6	0.7	0.4	0.62	-0.5	0.7		0.84	-0.15	-0.86	0.72	0.58	0.86	0.81	-0.61	0.84	0.79
Common Stock Shares Outstanding	1.0	0.32	0.2	0.97	0.99	-0.96	-0.89	-0.93	0.99	0.8	0.92	0.37	0.86	-0.66	0.92	0.84		-0.27	-0.95	0.92	0.83	0.96	0.99	-0.8	0.75	0.99
Non Current Liabilities Total	-0.29	0.74	0.29	-0.08	-0.34	0.38	0.5	0.37	-0.36	-0.13	-0.35	0.36	0.03	0.19	-0.34	-0.15	-0.27		0.42	-0.41	-0.3	-0.02	-0.31	0.6	0.23	-0.34
Capital Lease Obligations	-0.93	-0.13	-0.09	-0.88	-0.93	1.0	0.98	0.95	-0.95	-0.68	-0.95	-0.19	-0.8	0.78	-0.95	-0.86	-0.95	0.42		-0.97	-0.89	-0.86	-0.93	0.89	-0.65	-0.93
Other Current Assets	0.9	0.05	-0.11	0.83	0.91	-0.97	-0.93	-1.0	0.89	0.7	1.0	0.14	0.87	-0.88	1.0	0.72	0.92	-0.41	-0.97		0.97	0.82	0.9	-0.9	0.56	0.91
Other Stockholder Equity	0.82	0.01	-0.3	0.74	0.82	-0.88	-0.86	-0.97	0.76	0.58	0.98	0.0	0.88	-0.94	0.98	0.58	0.83	-0.3	-0.89	0.97		0.73	0.82	-0.89	0.44	0.83
Total Liab	0.94	0.57	0.39	1.0	0.92	-0.89	-0.77	-0.83	0.94	0.85	0.83	0.59	0.88	-0.59	0.83	0.86	0.96	-0.02	-0.86	0.82	0.73		0.93	-0.61	0.9	0.91
Net Invested Capital	1.0	0.26	0.17	0.95	1.0	-0.94	-0.87	-0.92	0.98	0.79	0.9	0.33	0.82	-0.62	0.9	0.81	0.99	-0.31	-0.93	0.9	0.82	0.93		-0.82	0.7	1.0
Property Plant And Equipment Gross	-0.8	0.26	0.3	-0.64	-0.83	0.86	0.93	0.89	-0.79	-0.4	-0.88	0.24	-0.62	0.74	-0.87	-0.61	-0.8	0.6	0.89	-0.9	-0.89	-0.61	-0.82		-0.25	-0.85
Short Long Term Debt	0.72	0.8	0.69	0.88	0.68	-0.69	-0.54	-0.56	0.75	0.79	0.58	0.8	0.73	-0.39	0.58	0.84	0.75	0.23	-0.65	0.56	0.44	0.9	0.7	-0.25		0.65
Total Current Assets	1.0	0.22	0.12	0.93	1.0	-0.94	-0.89	-0.92	0.97	0.74	0.9	0.26	0.8	-0.62	0.9	0.79	0.99	-0.34	-0.93	0.91	0.83	0.91	1.0	-0.85	0.65

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Cheer Holding Account Relationship Matchups

Pair Trading with Cheer Holding

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Cheer Holding position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Cheer Holding will appreciate offsetting losses from the drop in the long position's value.

Moving together with Cheer Stock

0.73

iQIYI Inc

Pair Corr

Moving against Cheer Stock

0.49	FOXA	Fox Corp Class	Pair Corr
0.47	ADV	Advantage Solutions	Pair Corr
0.36	CNK	Cinemark Holdings	Pair Corr

The ability to find closely correlated positions to Cheer Holding could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Cheer Holding when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Cheer Holding - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Cheer Holding to buy it.

The correlation of Cheer Holding is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Cheer Holding moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Cheer Holding moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for Cheer Holding can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

Additional Tools for Cheer Stock Analysis

When running Cheer Holding's price analysis, check to measure Cheer Holding'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 Cheer Holding is operating at the current time. Most of Cheer Holding's value examination focuses on studying past and present price action to predict the probability of Cheer Holding's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cheer Holding's price. Additionally, you may evaluate how the addition of Cheer Holding to your portfolios can decrease your overall portfolio volatility.

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