| HTCR Stock | | | USD 1.47 0.01 0.68% |
HeartCore Enterprises financial indicator trend analysis is much more than just examining HeartCore Enterprises latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether HeartCore Enterprises is a good investment. Please check the relationship between HeartCore Enterprises Net Borrowings and its Free Cash Flow accounts. Check out
Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in HeartCore Enterprises. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in main economic indicators.
To learn how to invest in HeartCore Stock, please use our
How to Invest in HeartCore Enterprises guide.
Net Borrowings vs Free Cash Flow
Net Borrowings vs Free Cash Flow Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
HeartCore Enterprises Net Borrowings account and
Free Cash Flow. At this time, the significance of the direction appears to have strong relationship.
The correlation between HeartCore Enterprises' Net Borrowings and Free Cash Flow is 0.75. Overlapping area represents the amount of variation of Net Borrowings that can explain the historical movement of Free Cash Flow in the same time period over historical financial statements of HeartCore Enterprises, assuming nothing else is changed. The correlation between historical values of HeartCore Enterprises' Net Borrowings and Free Cash Flow is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Borrowings of HeartCore Enterprises are associated (or correlated) with its Free Cash Flow. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Free Cash Flow has no effect on the direction of Net Borrowings i.e., HeartCore Enterprises' Net Borrowings and Free Cash Flow go up and down completely randomly.
Correlation Coefficient | 0.75 |
| Relationship Direction | Positive |
| Relationship Strength | Significant |
Net Borrowings
The difference between the amount of new debt a company has taken on and the amount of debt it has paid off during a given period.
Free Cash Flow
The amount of cash a company generates after accounting for cash outflows to support operations and maintain its capital assets.
Most indicators from HeartCore Enterprises' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into HeartCore Enterprises 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 HeartCore Enterprises. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in main economic indicators.
To learn how to invest in HeartCore Stock, please use our
How to Invest in HeartCore Enterprises guide.As of 02/17/2025,
Tax Provision is likely to grow to about 91.5
K, while
Selling General Administrative is likely to drop slightly above 5.7
M.
HeartCore Enterprises fundamental ratios Correlations
Click cells to compare fundamentals
HeartCore Enterprises Account Relationship Matchups
High Positive Relationship
High Negative Relationship
HeartCore Enterprises fundamental ratios Accounts
Additional Tools for HeartCore Stock Analysis
When running HeartCore Enterprises' price analysis, check to
measure HeartCore Enterprises' 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 HeartCore Enterprises is operating at the current time. Most of HeartCore Enterprises' value examination focuses on studying past and present price action to
predict the probability of HeartCore Enterprises' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move HeartCore Enterprises' price. Additionally, you may evaluate how the addition of HeartCore Enterprises to your portfolios can decrease your overall portfolio volatility.