EUDA Total Current Assets vs Capital Lease Obligations 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 Total Current Assets and its Capital Lease Obligations 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.

Total Current Assets vs Capital Lease Obligations

Total Current Assets vs Capital Lease Obligations Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of EUDA Health Holdings Total Current Assets account and Capital Lease Obligations. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between EUDA Health's Total Current Assets and Capital Lease Obligations is -0.02. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Capital Lease Obligations 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 Total Current Assets and Capital Lease Obligations is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Current Assets of EUDA Health Holdings are associated (or correlated) with its Capital Lease Obligations. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capital Lease Obligations has no effect on the direction of Total Current Assets i.e., EUDA Health's Total Current Assets and Capital Lease Obligations go up and down completely randomly.

Correlation Coefficient

-0.02
Relationship DirectionNegative 
Relationship StrengthInsignificant

Total Current Assets

The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.

Capital Lease Obligations

EUDA Health Holdings capital lease obligations are the amount due for long-term lease agreements that are nearly equivalent to EUDA Health asset purchases. For example, EUDA Health can use a capital lease to finance the purchase of an asset without ever buying it. A capital lease gives companies such as EUDA Health control over an asset for a big portion of its life. The total obligations of a company under capital leases, which are lease agreements that transfer substantially all risks and rewards of ownership to the lessee.
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.