EUDA Accounts Payable vs Cash Analysis

EUDAW Stock   0.09  0.01  5.26%   
EUDA Health financial indicator trend analysis is much more than just examining EUDA Health Holdings latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether EUDA Health Holdings is a good investment. Please check the relationship between EUDA Health Accounts Payable and its Cash accounts. Check out Investing Opportunities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

Accounts Payable vs Cash

Accounts Payable vs Cash Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of EUDA Health Holdings Accounts Payable account and Cash. At this time, the significance of the direction appears to have weak relationship.
The correlation between EUDA Health's Accounts Payable and Cash is 0.33. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Cash in the same time period over historical financial statements of EUDA Health Holdings, assuming nothing else is changed. The correlation between historical values of EUDA Health's Accounts Payable and Cash is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Accounts Payable of EUDA Health Holdings are associated (or correlated) with its Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash has no effect on the direction of Accounts Payable i.e., EUDA Health's Accounts Payable and Cash go up and down completely randomly.

Correlation Coefficient

0.33
Relationship DirectionPositive 
Relationship StrengthVery Weak

Accounts Payable

An accounting item on the balance sheet that represents EUDA Health obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of EUDA Health Holdings are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.

Cash

Cash refers to the most liquid asset of EUDA Health Holdings, which is listed under current asset account on EUDA Health Holdings balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from EUDA Health customers. The amounts must be unrestricted with restricted cash listed in a different EUDA Health account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.
Most indicators from EUDA Health's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into EUDA Health Holdings 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. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
At this time, EUDA Health's Selling General Administrative is fairly stable compared to the past year. Sales General And Administrative To Revenue is likely to climb to 1.21 in 2024, whereas Tax Provision is likely to drop 0.00 in 2024.
 2021 2022 2023 2024 (projected)
Interest Expense127.1K120.1K23.2K22.1K
Depreciation And Amortization264.1K256.3K111.2K183.4K

EUDA Health fundamental ratios Correlations

0.440.820.80.09-0.490.44-0.090.35-0.42-0.09-0.42-0.12-0.25-0.62-0.65-0.060.250.94-0.380.80.39-0.10.450.990.11
0.440.80.82-0.840.451.0-0.92-0.6-0.83-0.7-0.83-0.74-0.96-0.2-0.880.770.760.70.650.82-0.640.531.00.520.92
0.820.81.0-0.46-0.10.81-0.61-0.18-0.78-0.49-0.78-0.53-0.73-0.54-0.940.330.60.950.11.0-0.160.270.810.870.63
0.80.821.0-0.49-0.040.83-0.64-0.19-0.82-0.48-0.82-0.52-0.75-0.56-0.960.390.650.940.141.0-0.20.330.830.850.66
0.09-0.84-0.46-0.49-0.75-0.840.980.860.740.720.740.740.94-0.050.65-0.86-0.74-0.24-0.91-0.490.95-0.7-0.83-0.01-0.98
-0.490.45-0.1-0.04-0.750.45-0.68-0.59-0.47-0.19-0.47-0.21-0.580.09-0.230.90.66-0.270.94-0.04-0.860.810.43-0.460.66
0.441.00.810.83-0.840.45-0.92-0.59-0.84-0.69-0.84-0.72-0.96-0.22-0.890.770.770.70.650.83-0.640.541.00.520.91
-0.09-0.92-0.61-0.640.98-0.68-0.920.770.840.690.840.720.990.10.78-0.87-0.82-0.41-0.84-0.640.88-0.71-0.91-0.18-1.0
0.35-0.6-0.18-0.190.86-0.59-0.590.770.330.870.330.860.69-0.520.29-0.56-0.30.03-0.81-0.190.89-0.31-0.590.23-0.76
-0.42-0.83-0.78-0.820.74-0.47-0.840.840.330.321.00.370.890.620.95-0.76-0.96-0.62-0.52-0.820.56-0.81-0.82-0.45-0.86
-0.09-0.7-0.49-0.480.72-0.19-0.690.690.870.320.321.00.68-0.430.44-0.33-0.18-0.37-0.52-0.480.62-0.01-0.71-0.22-0.68
-0.42-0.83-0.78-0.820.74-0.47-0.840.840.331.00.320.370.890.620.95-0.76-0.96-0.62-0.52-0.820.56-0.81-0.82-0.45-0.86
-0.12-0.74-0.53-0.520.74-0.21-0.720.720.860.371.00.370.71-0.390.49-0.37-0.23-0.4-0.54-0.520.63-0.05-0.74-0.25-0.71
-0.25-0.96-0.73-0.750.94-0.58-0.960.990.690.890.680.890.710.210.87-0.83-0.84-0.55-0.75-0.750.79-0.69-0.95-0.33-0.99
-0.62-0.2-0.54-0.56-0.050.09-0.220.1-0.520.62-0.430.62-0.390.210.6-0.18-0.59-0.540.23-0.56-0.23-0.48-0.2-0.55-0.14
-0.65-0.88-0.94-0.960.65-0.23-0.890.780.290.950.440.950.490.870.6-0.61-0.83-0.83-0.35-0.960.4-0.59-0.88-0.69-0.8
-0.060.770.330.39-0.860.90.77-0.87-0.56-0.76-0.33-0.76-0.37-0.83-0.18-0.610.880.190.90.39-0.820.870.75-0.020.86
0.250.760.60.65-0.740.660.77-0.82-0.3-0.96-0.18-0.96-0.23-0.84-0.59-0.830.880.440.640.65-0.620.930.750.260.83
0.940.70.950.94-0.24-0.270.7-0.410.03-0.62-0.37-0.62-0.4-0.55-0.54-0.830.190.44-0.090.940.080.080.710.970.42
-0.380.650.10.14-0.910.940.65-0.84-0.81-0.52-0.52-0.52-0.54-0.750.23-0.350.90.64-0.090.14-0.960.70.63-0.310.82
0.80.821.01.0-0.49-0.040.83-0.64-0.19-0.82-0.48-0.82-0.52-0.75-0.56-0.960.390.650.940.14-0.20.330.830.850.66
0.39-0.64-0.16-0.20.95-0.86-0.640.880.890.560.620.560.630.79-0.230.4-0.82-0.620.08-0.96-0.2-0.69-0.630.31-0.87
-0.10.530.270.33-0.70.810.54-0.71-0.31-0.81-0.01-0.81-0.05-0.69-0.48-0.590.870.930.080.70.33-0.690.51-0.10.72
0.451.00.810.83-0.830.431.0-0.91-0.59-0.82-0.71-0.82-0.74-0.95-0.2-0.880.750.750.710.630.83-0.630.510.530.91
0.990.520.870.85-0.01-0.460.52-0.180.23-0.45-0.22-0.45-0.25-0.33-0.55-0.69-0.020.260.97-0.310.850.31-0.10.530.2
0.110.920.630.66-0.980.660.91-1.0-0.76-0.86-0.68-0.86-0.71-0.99-0.14-0.80.860.830.420.820.66-0.870.720.910.2
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EUDA Health Account Relationship Matchups

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