1847 Other Current Assets vs Net Working Capital Analysis
EFSH Stock | USD 0.27 0.02 6.90% |
1847 Holdings financial indicator trend analysis is way more than just evaluating 1847 Holdings LLC prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether 1847 Holdings LLC is a good investment. Please check the relationship between 1847 Holdings Other Current Assets and its Net Working Capital accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in 1847 Holdings LLC. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.
Other Current Assets vs Net Working Capital
Other Current Assets vs Net Working Capital Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of 1847 Holdings LLC Other Current Assets account and Net Working Capital. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between 1847 Holdings' Other Current Assets and Net Working Capital is -0.48. Overlapping area represents the amount of variation of Other Current Assets that can explain the historical movement of Net Working Capital in the same time period over historical financial statements of 1847 Holdings LLC, assuming nothing else is changed. The correlation between historical values of 1847 Holdings' Other Current Assets and Net Working Capital is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Current Assets of 1847 Holdings LLC are associated (or correlated) with its Net Working Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Working Capital has no effect on the direction of Other Current Assets i.e., 1847 Holdings' Other Current Assets and Net Working Capital go up and down completely randomly.
Correlation Coefficient | -0.48 |
Relationship Direction | Negative |
Relationship Strength | Very Weak |
Other Current Assets
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.Net Working Capital
Most indicators from 1847 Holdings' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into 1847 Holdings LLC 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in 1847 Holdings LLC. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state. As of now, 1847 Holdings' Selling General Administrative is increasing as compared to previous years. The 1847 Holdings' current Discontinued Operations is estimated to increase to about 125 K, while Tax Provision is projected to decrease to (8.4 K).
1847 Holdings fundamental ratios Correlations
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1847 Holdings Account Relationship Matchups
High Positive Relationship
High Negative Relationship
1847 Holdings fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 19.2M | 19.2M | 47.0M | 45.5M | 39.4M | 41.3M | |
Short Long Term Debt Total | 13.8M | 7.9M | 32.4M | 29.6M | 38.5M | 40.4M | |
Other Current Liab | 303.7K | 4.6M | 1.8M | 2.4M | 7.2M | 7.5M | |
Total Current Liabilities | 16.7M | 8.1M | 12.4M | 14.2M | 28.1M | 29.5M | |
Total Stockholder Equity | (4.0M) | 4.1M | 1.5M | 2.6M | (18.7M) | (17.8M) | |
Current Deferred Revenue | 4.2M | 3.4M | 6.0M | 5.4M | 5.5M | 5.7M | |
Net Debt | 13.6M | 6.5M | 31.0M | 28.6M | 37.7M | 39.6M | |
Retained Earnings | (4.4M) | (13.9M) | (19.9M) | (41.9M) | (74.8M) | (71.1M) | |
Accounts Payable | 4.0M | 2.6M | 3.2M | 4.5M | 7.5M | 7.9M | |
Non Current Assets Total | 13.5M | 13.4M | 35.9M | 34.3M | 20.7M | 12.8M | |
Net Receivables | 2.5M | 595.9K | 3.5M | 5.3M | 7.6M | 8.0M | |
Common Stock Shares Outstanding | 7.9K | 9.2K | 12.2K | 24.0K | 365.3M | 383.6M | |
Liabilities And Stockholders Equity | 19.2M | 19.2M | 47.0M | 45.5M | 39.4M | 41.3M | |
Other Current Assets | 1.4M | 2.3M | 582.0K | 379.9K | 1.0M | 603.5K | |
Other Stockholder Equity | 442.0K | 17.0M | 19.7M | 44.0M | 57.7M | 60.6M | |
Total Liab | 23.2M | 16.0M | 45.4M | 42.6M | 59.4M | 62.4M | |
Total Current Assets | 5.7M | 5.9M | 11.1M | 11.2M | 18.7M | 19.7M | |
Short Term Debt | 8.2M | 854.0K | 1.4M | 1.8M | 8.0M | 8.4M | |
Common Stock | 3.2K | 4.4K | 4.8K | 4.1K | 916.0 | 870.2 | |
Net Tangible Assets | (4.0M) | (8.8M) | (31.1M) | (29.4M) | (26.5M) | (25.1M) | |
Other Liab | 4.8M | 1.4M | 2.1M | 599K | 688.9K | 654.4K | |
Cash | 238.8K | 1.4M | 1.4M | 1.1M | 766.4K | 696.3K | |
Non Currrent Assets Other | 45.4K | 276.6K | 85.7K | 82.2K | 153.7K | 161.4K | |
Other Assets | 9.8M | 276.6K | 85.7K | 82.2K | 1.0 | 0.95 | |
Long Term Debt | 3.3M | 5.8M | 28.3M | 24.8M | 27.0M | 28.3M | |
Cash And Short Term Investments | 238.8K | 1.4M | 1.4M | 1.4M | 1.0M | 764.3K | |
Non Current Liabilities Total | 6.6M | 7.9M | 33.0M | 28.4M | 31.3M | 32.8M | |
Capital Lease Obligations | 3.2M | 859.8K | 3.2M | 3.9M | 4.8M | 2.6M | |
Inventory | 1.6M | 2.3M | 5.4M | 4.2M | 9.0M | 9.4M | |
Property Plant And Equipment Gross | 9.6M | 8.0M | 5.1M | 5.5M | 7.3M | 4.3M | |
Short Long Term Debt | 7.3M | 1.2M | 793.2K | 914.0K | 6.8M | 7.1M | |
Intangible Assets | 1.9M | 3.9M | 11.4M | 10.0M | 5.0M | 3.9M | |
Property Plant Equipment | 3.7M | 3.2M | 4.9M | 4.7M | 5.5M | 3.7M | |
Property Plant And Equipment Net | 5.9M | 3.2M | 4.9M | 4.7M | 5.7M | 4.0M | |
Net Invested Capital | 6.7M | 8.2M | 28.9M | 25.8M | 14.6M | 13.8M | |
Net Working Capital | (10.9M) | (2.2M) | (1.3M) | (2.9M) | (9.4M) | (9.0M) | |
Capital Stock | 3.2K | 3.0M | 1.7M | 2.6M | 431.8K | 410.2K |
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When determining whether 1847 Holdings LLC offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of 1847 Holdings' 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 1847 Holdings Llc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on 1847 Holdings Llc Stock:Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in 1847 Holdings LLC. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state. You can also try the Global Correlations module to find global opportunities by holding instruments from different markets.
Is Industrial Machinery & Supplies & Components 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 1847 Holdings. If investors know 1847 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 1847 Holdings listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share -23.5 K | Revenue Per Share 351.204 | Quarterly Revenue Growth (0.11) | Return On Assets (0.13) | Return On Equity (2.59) |
The market value of 1847 Holdings LLC is measured differently than its book value, which is the value of 1847 that is recorded on the company's balance sheet. Investors also form their own opinion of 1847 Holdings' value that differs from its market value or its book value, called intrinsic value, which is 1847 Holdings' 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 1847 Holdings' market value can be influenced by many factors that don't directly affect 1847 Holdings' 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 1847 Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if 1847 Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, 1847 Holdings' 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.