SHF Cash And Short Term Investments vs Other Current Assets Analysis
SHFSW Stock | USD 0.03 0 11.74% |
SHF Holdings financial indicator trend analysis is much more than just breaking down SHF Holdings prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether SHF Holdings is a good investment. Please check the relationship between SHF Holdings Cash And Short Term Investments and its Other Current Assets accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in SHF Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state. For more information on how to buy SHF Stock please use our How to Invest in SHF Holdings guide.
Cash And Short Term Investments vs Other Current Assets
Cash And Short Term Investments vs Other Current Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of SHF Holdings Cash And Short Term Investments account and Other Current Assets. At this time, the significance of the direction appears to have strong relationship.
The correlation between SHF Holdings' Cash And Short Term Investments and Other Current Assets is 0.67. Overlapping area represents the amount of variation of Cash And Short Term Investments that can explain the historical movement of Other Current Assets in the same time period over historical financial statements of SHF Holdings, assuming nothing else is changed. The correlation between historical values of SHF Holdings' Cash And Short Term Investments and Other Current Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash And Short Term Investments of SHF Holdings are associated (or correlated) with its Other Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Assets has no effect on the direction of Cash And Short Term Investments i.e., SHF Holdings' Cash And Short Term Investments and Other Current Assets go up and down completely randomly.
Correlation Coefficient | 0.67 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Cash And Short Term Investments
Short Term Investments is an account in the current assets section of SHF Holdings balance sheet. This account contains SHF Holdings investments that will expire within one year. These investments include stocks and bonds that can be liquidated by SHF Holdings 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.Other Current Assets
Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.Most indicators from SHF Holdings' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into SHF 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 World Market Map to better understand how to build diversified portfolios, which includes a position in SHF Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state. For more information on how to buy SHF Stock please use our How to Invest in SHF Holdings guide.Enterprise Value is likely to climb to about 140.9 M in 2024, whereas Selling General Administrative is likely to drop slightly above 6.1 M in 2024.
2021 | 2022 | 2023 | 2024 (projected) | Interest Income | 103.0K | 1.1M | 2.4M | 2.6M | Net Interest Income | 103.0K | 327.4K | 133.8K | 161.4K |
SHF Holdings fundamental ratios Correlations
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SHF Holdings Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Additional Tools for SHF Stock Analysis
When running SHF Holdings' price analysis, check to measure SHF 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 SHF Holdings is operating at the current time. Most of SHF Holdings' value examination focuses on studying past and present price action to predict the probability of SHF Holdings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move SHF Holdings' price. Additionally, you may evaluate how the addition of SHF Holdings to your portfolios can decrease your overall portfolio volatility.