| ESQ Stock | | | USD 77.12 0.22 0.29% |
Esquire Financial financial indicator trend analysis is much more than just examining Esquire Financial latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Esquire Financial is a good investment. Please check the relationship between Esquire Financial Other Current Assets and its Cash And Short Term Investments accounts. Check out
Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Esquire Financial Holdings. 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 Cash And Short Term Investments
Other Current Assets vs Cash And Short Term Investments Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Esquire Financial Other Current Assets account and
Cash And Short Term Investments. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Esquire Financial's Other Current Assets and Cash And Short Term Investments is 0.43. Overlapping area represents the amount of variation of Other Current Assets that can explain the historical movement of Cash And Short Term Investments in the same time period over historical financial statements of Esquire Financial Holdings, assuming nothing else is changed. The correlation between historical values of Esquire Financial's Other Current Assets and Cash And Short Term Investments 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 Esquire Financial Holdings are associated (or correlated) with its Cash And Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash And Short Term Investments has no effect on the direction of Other Current Assets i.e., Esquire Financial's Other Current Assets and Cash And Short Term Investments go up and down completely randomly.
Correlation Coefficient | 0.43 |
| Relationship Direction | Positive |
| Relationship Strength | 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.
Cash And Short Term Investments
Short Term Investments is an account in the current assets section of Esquire Financial balance sheet. This account contains Esquire Financial investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Esquire Financial Holdings fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.
Most indicators from Esquire Financial's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Esquire Financial 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 Esquire Financial Holdings. 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.
At this time, Esquire Financial's
Selling General Administrative is relatively stable compared to the past year. As of 03/02/2025,
Tax Provision is likely to grow to about 17.5
M, while
Enterprise Value Multiple is likely to drop 4.16.
Esquire Financial fundamental ratios Correlations
Click cells to compare fundamentals
Esquire Financial Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Esquire Financial fundamental ratios Accounts
Additional Tools for Esquire Stock Analysis
When running Esquire Financial's price analysis, check to
measure Esquire Financial'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 Esquire Financial is operating at the current time. Most of Esquire Financial's value examination focuses on studying past and present price action to
predict the probability of Esquire Financial's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Esquire Financial's price. Additionally, you may evaluate how the addition of Esquire Financial to your portfolios can decrease your overall portfolio volatility.