SHF Total Operating Expenses vs Interest Expense Analysis
SHFSW Stock | USD 0.03 0 10.56% |
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 Total Operating Expenses and its Interest Expense 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.
Total Operating Expenses vs Interest Expense
Total Operating Expenses vs Interest Expense Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of SHF Holdings Total Operating Expenses account and Interest Expense. At this time, the significance of the direction appears to have almost identical trend.
The correlation between SHF Holdings' Total Operating Expenses and Interest Expense is 0.96. Overlapping area represents the amount of variation of Total Operating Expenses that can explain the historical movement of Interest Expense 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' Total Operating Expenses and Interest Expense 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 Operating Expenses of SHF Holdings are associated (or correlated) with its Interest Expense. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Interest Expense has no effect on the direction of Total Operating Expenses i.e., SHF Holdings' Total Operating Expenses and Interest Expense go up and down completely randomly.
Correlation Coefficient | 0.96 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Total Operating Expenses
The total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses.Interest Expense
The cost incurred by an entity for borrowed funds, including loans, bonds, or lines of credit.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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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.