Holley Total Liab vs Short Term Investments Analysis

HLLY Stock  USD 2.88  0.06  2.04%   
Holley financial indicator trend analysis is much more than just examining Holley Inc latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Holley Inc is a good investment. Please check the relationship between Holley Total Liab and its Short Term Investments accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Holley Inc. 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 economic analysis.

Total Liab vs Short Term Investments

Total Liab vs Short Term Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Holley Inc Total Liab account and Short Term Investments. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Holley's Total Liab and Short Term Investments is -0.49. Overlapping area represents the amount of variation of Total Liab that can explain the historical movement of Short Term Investments in the same time period over historical financial statements of Holley Inc, assuming nothing else is changed. The correlation between historical values of Holley's Total Liab 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 Total Liab of Holley Inc are associated (or correlated) with its Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Term Investments has no effect on the direction of Total Liab i.e., Holley's Total Liab and Short Term Investments go up and down completely randomly.

Correlation Coefficient

-0.49
Relationship DirectionNegative 
Relationship StrengthVery Weak

Total Liab

The total amount of all liabilities that a company has, including both short-term and long-term liabilities.

Short Term Investments

Short Term Investments is an item under the current assets section of Holley balance sheet. It contains any investments Holley Inc undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that Holley Inc can easily liquidate in the marketplace.
Most indicators from Holley's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Holley Inc 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 Holley Inc. 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 economic analysis.
At this time, Holley's Tax Provision is fairly stable compared to the past year. Sales General And Administrative To Revenue is likely to rise to 0.20 in 2024, whereas Selling General Administrative is likely to drop slightly above 108.5 M in 2024.
 2021 2022 2023 2024 (projected)
EBIT126.9M118.5M87.2M86.3M
Other Operating Expenses565.9M630.8M565.7M454.6M

Holley fundamental ratios Correlations

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Holley Account Relationship Matchups

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