Grab Other Assets vs Cash And Short Term Investments Analysis
GRABW Stock | USD 0.49 0.01 2.08% |
Grab Holdings financial indicator trend analysis is much more than just examining Grab Holdings Limited latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Grab Holdings Limited is a good investment. Please check the relationship between Grab Holdings Other Assets and its Cash And Short Term Investments accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Grab Holdings Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics. For more information on how to buy Grab Stock please use our How to Invest in Grab Holdings guide.
Other Assets vs Cash And Short Term Investments
Other 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 Grab Holdings Limited Other Assets account and Cash And Short Term Investments. At this time, the significance of the direction appears to have strong relationship.
The correlation between Grab Holdings' Other Assets and Cash And Short Term Investments is 0.74. Overlapping area represents the amount of variation of Other Assets that can explain the historical movement of Cash And Short Term Investments in the same time period over historical financial statements of Grab Holdings Limited, assuming nothing else is changed. The correlation between historical values of Grab Holdings' Other 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 Assets of Grab Holdings Limited 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 Assets i.e., Grab Holdings' Other Assets and Cash And Short Term Investments go up and down completely randomly.
Correlation Coefficient | 0.74 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Other Assets
Cash And Short Term Investments
Short Term Investments is an account in the current assets section of Grab Holdings Limited balance sheet. This account contains Grab Holdings investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Grab Holdings Limited 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 Grab Holdings' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Grab Holdings Limited 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 Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Grab Holdings Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics. For more information on how to buy Grab Stock please use our How to Invest in Grab Holdings guide.At this time, Grab Holdings' Tax Provision is fairly stable compared to the past year. Sales General And Administrative To Revenue is likely to climb to 0.30 in 2024, whereas Selling General Administrative is likely to drop slightly above 521.8 M in 2024.
2021 | 2022 | 2023 | 2024 (projected) | Depreciation And Amortization | 345M | 150M | 145M | 137.8M | Interest Income | 26M | 22M | 197M | 206.9M |
Grab Holdings fundamental ratios Correlations
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Grab Holdings Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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When running Grab Holdings' price analysis, check to measure Grab Holdings' 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 Grab Holdings is operating at the current time. Most of Grab Holdings' value examination focuses on studying past and present price action to predict the probability of Grab Holdings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Grab Holdings' price. Additionally, you may evaluate how the addition of Grab Holdings to your portfolios can decrease your overall portfolio volatility.