Conifer Change To Netincome vs Stock Based Compensation Analysis

CNFRZ Stock   23.00  0.48  2.13%   
Conifer Holdings, financial indicator trend analysis is way more than just evaluating Conifer Holdings, 975 prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Conifer Holdings, 975 is a good investment. Please check the relationship between Conifer Holdings, Change To Netincome and its Stock Based Compensation accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Conifer Holdings, 975. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.

Change To Netincome vs Stock Based Compensation

Change To Netincome vs Stock Based Compensation Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Conifer Holdings, 975 Change To Netincome account and Stock Based Compensation. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Conifer Holdings,'s Change To Netincome and Stock Based Compensation is -0.13. Overlapping area represents the amount of variation of Change To Netincome that can explain the historical movement of Stock Based Compensation in the same time period over historical financial statements of Conifer Holdings, 975, assuming nothing else is changed. The correlation between historical values of Conifer Holdings,'s Change To Netincome and Stock Based Compensation is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Change To Netincome of Conifer Holdings, 975 are associated (or correlated) with its Stock Based Compensation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Stock Based Compensation has no effect on the direction of Change To Netincome i.e., Conifer Holdings,'s Change To Netincome and Stock Based Compensation go up and down completely randomly.

Correlation Coefficient

-0.13
Relationship DirectionNegative 
Relationship StrengthInsignificant

Change To Netincome

Stock Based Compensation

Compensation provided to employees in the form of equity or options to purchase company stock. This type of compensation is used to align the interests of employees and shareholders.
Most indicators from Conifer Holdings,'s fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Conifer Holdings, 975 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 Conifer Holdings, 975. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
Enterprise Value is likely to rise to about 57.6 M in 2025, whereas Selling General Administrative is likely to drop slightly above 14.1 M in 2025.
 2022 2023 2024 2025 (projected)
Interest Expense3.0M3.2M3.7M2.0M
Depreciation And Amortization417K545K626.8K432.6K

Conifer Holdings, fundamental ratios Correlations

0.940.670.240.26-0.40.57-0.930.390.130.76-0.370.290.370.5-0.340.360.640.980.390.630.830.270.35-0.55-0.07
0.940.770.310.35-0.180.63-0.930.540.190.75-0.340.110.520.65-0.320.510.640.970.580.80.950.290.35-0.64-0.03
0.670.770.060.09-0.030.89-0.730.770.080.8-0.41-0.140.820.69-0.180.810.40.710.710.620.750.610.14-0.720.02
0.240.310.060.980.190.1-0.280.04-0.11-0.23-0.14-0.21-0.040.06-0.23-0.03-0.040.230.210.570.45-0.32-0.09-0.51-0.39
0.260.350.090.980.290.11-0.250.08-0.06-0.21-0.07-0.280.060.12-0.060.060.00.260.230.590.48-0.32-0.1-0.55-0.31
-0.4-0.18-0.030.190.290.040.440.2-0.13-0.260.05-0.830.22-0.020.50.22-0.43-0.370.380.290.080.1-0.160.07-0.04
0.570.630.890.10.110.04-0.640.74-0.380.8-0.54-0.390.760.4-0.130.780.020.570.830.610.650.730.26-0.67-0.35
-0.93-0.93-0.73-0.28-0.250.44-0.64-0.45-0.1-0.760.43-0.28-0.42-0.570.48-0.41-0.61-0.95-0.48-0.67-0.84-0.32-0.340.630.11
0.390.540.770.040.080.20.74-0.45-0.050.64-0.3-0.330.710.44-0.110.720.050.450.740.490.550.390.33-0.54-0.22
0.130.190.08-0.11-0.06-0.13-0.38-0.1-0.05-0.140.370.570.00.53-0.08-0.060.760.2-0.38-0.080.1-0.36-0.27-0.010.82
0.760.750.8-0.23-0.21-0.260.8-0.760.64-0.14-0.490.030.550.4-0.230.560.320.760.620.470.650.650.51-0.38-0.18
-0.37-0.34-0.41-0.14-0.070.05-0.540.43-0.30.37-0.490.06-0.050.20.31-0.080.09-0.3-0.34-0.33-0.4-0.680.080.10.43
0.290.11-0.14-0.21-0.28-0.83-0.39-0.28-0.330.570.030.06-0.430.04-0.47-0.470.610.27-0.64-0.38-0.12-0.33-0.030.160.36
0.370.520.82-0.040.060.220.76-0.420.710.00.55-0.05-0.430.750.221.00.270.460.730.550.540.550.03-0.690.19
0.50.650.690.060.12-0.020.4-0.570.440.530.40.20.040.75-0.070.720.720.610.460.580.630.180.03-0.620.53
-0.34-0.32-0.18-0.23-0.060.5-0.130.48-0.11-0.08-0.230.31-0.470.22-0.070.22-0.16-0.31-0.09-0.2-0.270.06-0.270.170.27
0.360.510.81-0.030.060.220.78-0.410.72-0.060.56-0.08-0.471.00.720.220.220.440.760.560.530.580.05-0.690.13
0.640.640.4-0.040.0-0.430.02-0.610.050.760.320.090.610.270.72-0.160.220.7-0.090.270.49-0.01-0.09-0.30.68
0.980.970.710.230.26-0.370.57-0.950.450.20.76-0.30.270.460.61-0.310.440.70.430.670.860.260.34-0.610.01
0.390.580.710.210.230.380.83-0.480.74-0.380.62-0.34-0.640.730.46-0.090.76-0.090.430.810.70.580.4-0.55-0.35
0.630.80.620.570.590.290.61-0.670.49-0.080.47-0.33-0.380.550.58-0.20.560.270.670.810.930.330.23-0.62-0.18
0.830.950.750.450.480.080.65-0.840.550.10.65-0.4-0.120.540.63-0.270.530.490.860.70.930.340.26-0.64-0.09
0.270.290.61-0.32-0.320.10.73-0.320.39-0.360.65-0.68-0.330.550.180.060.58-0.010.260.580.330.34-0.07-0.13-0.06
0.350.350.14-0.09-0.1-0.160.26-0.340.33-0.270.510.08-0.030.030.03-0.270.05-0.090.340.40.230.26-0.07-0.09-0.45
-0.55-0.64-0.72-0.51-0.550.07-0.670.63-0.54-0.01-0.380.10.16-0.69-0.620.17-0.69-0.3-0.61-0.55-0.62-0.64-0.13-0.090.09
-0.07-0.030.02-0.39-0.31-0.04-0.350.11-0.220.82-0.180.430.360.190.530.270.130.680.01-0.35-0.18-0.09-0.06-0.450.09
Click cells to compare fundamentals

Conifer Holdings, Account Relationship Matchups

Conifer Holdings, fundamental ratios Accounts

202020212022202320242025 (projected)
Common Stock Shares Outstanding9.6M9.7M10.7M12.2M14.1M9.0M
Total Assets261.6M290.4M312.4M311.8M358.6M253.7M
Short Long Term Debt Total41.0M33.6M33.9M25.1M28.8M30.3M
Other Current Liab(13.7M)(12.0M)(6.1M)85.9M77.3M81.2M
Total Current Liabilities5M12.0M20.0M91.4M82.3M48.3M
Total Stockholder Equity44.4M40.5M19.0M2.9M2.6M2.5M
Net Debt32.8M23.7M5.8M13.9M16.0M16.1M
Retained Earnings(49.0M)(50.1M)(60.8M)(86.7M)(78.0M)(74.1M)
Accounts Payable8.7M12.0M6.1M5.6M6.4M8.1M
Cash8.2M9.9M28.0M11.1M12.8M14.2M
Non Current Assets Total183.2M182.7M111.5M145.3M167.1M122.1M
Non Currrent Assets Other(183.2M)(17.1M)(25.9M)(145.3M)(130.8M)(137.3M)
Other Assets(141.6M)(143.7M)125.1M76.3M87.7M92.1M
Cash And Short Term Investments173.5M182.7M164.2M32.0M36.8M34.9M
Net Receivables46.5M68.7M112.4M29.4M33.8M51.0M
Short Term Investments165.3M172.8M136.1M20.8M24.0M22.8M
Liabilities And Stockholders Equity261.6M290.4M312.4M311.8M358.6M253.7M
Non Current Liabilities Total36.0M33.6M273.4M106.6M122.6M61.7M
Total Liab217.2M249.9M293.4M308.9M355.3M207.6M
Total Current Assets220.0M251.4M75.8M90.2M103.8M154.0M
Accumulated Other Comprehensive Income912K(2.1M)(18.2M)(14.5M)(13.1M)(12.4M)
Intangible Assets11.9M12.2M12.3M10.3M11.8M10.9M
Common Stock92.5M92.7M97.9M98.1M112.8M86.9M
Property Plant And Equipment Net167.0M1.4M33K960K1.1M1.0M
Current Deferred Revenue(3.7M)11.2M(9.4M)(274K)(315.1K)(330.9K)
Other Current Assets1.3M8.3M16.4M28.9M26.0M18.0M
Short Term Debt5M742K24.7M274K315.1K299.3K
Inventory(49.6M)(107.0M)(282.6M)(61.3M)(55.2M)(58.0M)

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