Hard Net Receivables vs Cash Analysis
Hard To financial indicator trend analysis is much more than just examining Hard to Treat latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Hard to Treat is a good investment. Please check the relationship between Hard To Net Receivables and its Cash accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Hard to Treat. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment.
Net Receivables vs Cash
Net Receivables vs Cash Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Hard to Treat Net Receivables account and Cash. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Hard To's Net Receivables and Cash is 0.82. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Cash in the same time period over historical financial statements of Hard to Treat, assuming nothing else is changed. The correlation between historical values of Hard To's Net Receivables 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 Net Receivables of Hard to Treat 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 Net Receivables i.e., Hard To's Net Receivables and Cash go up and down completely randomly.
Correlation Coefficient | 0.82 |
| Relationship Direction | Positive |
| Relationship Strength | Strong |
Net Receivables
Cash
Cash refers to the most liquid asset of Hard to Treat, which is listed under current asset account on Hard to Treat balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Hard To customers. The amounts must be unrestricted with restricted cash listed in a different Hard To 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 Hard To's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Hard to Treat 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 Hard to Treat. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment. Selling General Administrative is likely to drop to about 690.6 K in 2024
| 2010 | 2011 | 2023 | 2024 (projected) | Gross Profit | 17.2K | 1.4M | 1.6M | 1.7M | Total Revenue | 71.6K | 5.4M | 6.2M | 6.5M |
Hard To fundamental ratios Correlations
Click cells to compare fundamentals
Hard To Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Thematic Opportunities
Explore Investment Opportunities
Additional Tools for Hard Stock Analysis
When running Hard To's price analysis, check to measure Hard To'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 Hard To is operating at the current time. Most of Hard To's value examination focuses on studying past and present price action to predict the probability of Hard To's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hard To's price. Additionally, you may evaluate how the addition of Hard To to your portfolios can decrease your overall portfolio volatility.