Singular Intangible Assets vs Property Plant And Equipment Net Analysis

SHG Stock

0.11 0.01 8.33%

Singular Health financial indicator trend analysis is much more than just breaking down Singular Health Group prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Singular Health Group is a good investment. Please check the relationship between Singular Health Intangible Assets and its Property Plant And Equipment Net accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Singular Health Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Intangible Assets vs Property Plant And Equipment Net

Intangible Assets vs Property Plant And Equipment Net Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Singular Health Group Intangible Assets account and Property Plant And Equipment Net. At this time, the significance of the direction appears to have almost identical trend.

The correlation between Singular Health's Intangible Assets and Property Plant And Equipment Net is 0.94. Overlapping area represents the amount of variation of Intangible Assets that can explain the historical movement of Property Plant And Equipment Net in the same time period over historical financial statements of Singular Health Group, assuming nothing else is changed. The correlation between historical values of Singular Health's Intangible Assets and Property Plant And Equipment Net is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Intangible Assets of Singular Health Group are associated (or correlated) with its Property Plant And Equipment Net. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant And Equipment Net has no effect on the direction of Intangible Assets i.e., Singular Health's Intangible Assets and Property Plant And Equipment Net go up and down completely randomly.

Correlation Coefficient

0.94

Relationship Direction	Positive
Relationship Strength	Very Strong

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Intangible Assets

Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.

Property Plant And Equipment Net

The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.

Most indicators from Singular Health's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Singular Health Group 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 Singular Health Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Selling General Administrative is likely to gain to about 2.9 M in 2024, whereas Issuance Of Capital Stock is likely to drop slightly above 1.3 M in 2024.

	2021	2022	2023	2024 (projected)
Depreciation And Amortization	259.8K	389.1K	197.7K	222.1K
Interest Income	7.3K	485.8K	558.7K	586.6K

Depreciation And Amortization Interest Income

Singular Health fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Net Tangible Assets	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Short Term Debt	Intangible Assets	Common Stock	Property Plant Equipment	Short Term Investments	Non Current Liabilities Total
Total Assets		-0.12	0.54	0.03	0.91	0.68	0.47	-0.79	-0.61	-0.3	0.94	0.63	-0.45	0.94	0.72	0.31	-0.05	0.57	0.1	0.94	-0.2	0.6	0.78	0.57	0.31	0.41
Short Long Term Debt Total	-0.12		-0.22	0.91	-0.46	-0.41	0.78	0.69	0.01	0.78	-0.36	0.59	-0.69	-0.36	-0.38	-0.22	-0.3	0.01	0.9	-0.39	1.0	0.62	-0.06	0.12	-0.35	0.2
Other Current Liab	0.54	-0.22		0.2	0.38	-0.12	0.15	-0.43	-0.94	-0.45	0.39	0.08	0.18	0.39	0.05	0.88	0.75	0.91	0.22	0.53	-0.25	0.01	0.85	0.94	0.92	0.87
Total Current Liabilities	0.03	0.91	0.2		-0.38	-0.53	0.81	0.57	-0.37	0.6	-0.27	0.56	-0.56	-0.27	-0.42	0.13	0.05	0.38	1.0	-0.24	0.9	0.56	0.24	0.5	0.04	0.57
Total Stockholder Equity	0.91	-0.46	0.38	-0.38		0.87	0.13	-0.95	-0.39	-0.49	0.99	0.38	-0.22	0.99	0.84	0.22	-0.11	0.35	-0.31	0.97	-0.53	0.36	0.62	0.29	0.24	0.11
Net Tangible Assets	0.68	-0.41	-0.12	-0.53	0.87		0.03	-0.8	0.07	-0.29	0.84	0.35	-0.32	0.84	0.9	-0.24	-0.52	-0.1	-0.48	0.75	-0.46	0.36	0.21	-0.2	-0.23	-0.36
Property Plant And Equipment Net	0.47	0.78	0.15	0.81	0.13	0.03		0.16	-0.43	0.62	0.21	0.94	-0.91	0.21	0.17	0.01	-0.35	0.45	0.84	0.17	0.73	0.94	0.48	0.45	-0.12	0.37
Net Debt	-0.79	0.69	-0.43	0.57	-0.95	-0.8	0.16		0.35	0.71	-0.92	-0.09	-0.08	-0.92	-0.75	-0.3	-0.08	-0.3	0.52	-0.93	0.75	-0.06	-0.53	-0.25	-0.36	-0.1
Retained Earnings	-0.61	0.01	-0.94	-0.37	-0.39	0.07	-0.43	0.35		0.17	-0.41	-0.37	0.11	-0.41	-0.17	-0.8	-0.52	-0.99	-0.39	-0.52	0.06	-0.3	-0.94	-0.96	-0.79	-0.83
Accounts Payable	-0.3	0.78	-0.45	0.6	-0.49	-0.29	0.62	0.71	0.17		-0.48	0.54	-0.67	-0.48	-0.1	-0.48	-0.6	-0.09	0.59	-0.56	0.78	0.56	-0.2	-0.21	-0.6	-0.26
Cash	0.94	-0.36	0.39	-0.27	0.99	0.84	0.21	-0.92	-0.41	-0.48		0.44	-0.28	1.0	0.78	0.25	-0.1	0.36	-0.21	0.99	-0.43	0.42	0.64	0.34	0.26	0.19
Non Current Assets Total	0.63	0.59	0.08	0.56	0.38	0.35	0.94	-0.09	-0.37	0.54	0.44		-0.96	0.44	0.48	-0.1	-0.53	0.39	0.61	0.37	0.53	1.0	0.5	0.33	-0.22	0.17
Non Currrent Assets Other	-0.45	-0.69	0.18	-0.56	-0.22	-0.32	-0.91	-0.08	0.11	-0.67	-0.28	-0.96		-0.28	-0.4	0.32	0.7	-0.14	-0.6	-0.19	-0.64	-0.98	-0.26	-0.09	0.45	0.03
Cash And Short Term Investments	0.94	-0.36	0.39	-0.27	0.99	0.84	0.21	-0.92	-0.41	-0.48	1.0	0.44	-0.28		0.78	0.25	-0.1	0.36	-0.21	0.99	-0.43	0.42	0.64	0.34	0.26	0.19
Net Receivables	0.72	-0.38	0.05	-0.42	0.84	0.9	0.17	-0.75	-0.17	-0.1	0.78	0.48	-0.4	0.78		-0.18	-0.5	0.19	-0.36	0.71	-0.44	0.47	0.39	-0.03	-0.17	-0.28
Common Stock Shares Outstanding	0.31	-0.22	0.88	0.13	0.22	-0.24	0.01	-0.3	-0.8	-0.48	0.25	-0.1	0.32	0.25	-0.18		0.79	0.74	0.13	0.39	-0.24	-0.16	0.75	0.81	0.97	0.8
Other Current Assets	-0.05	-0.3	0.75	0.05	-0.11	-0.52	-0.35	-0.08	-0.52	-0.6	-0.1	-0.53	0.7	-0.1	-0.5	0.79		0.48	0.03	0.06	-0.28	-0.58	0.32	0.62	0.88	0.73
Other Stockholder Equity	0.57	0.01	0.91	0.38	0.35	-0.1	0.45	-0.3	-0.99	-0.09	0.36	0.39	-0.14	0.36	0.19	0.74	0.48		0.41	0.46	-0.04	0.31	0.92	0.93	0.74	0.79
Total Liab	0.1	0.9	0.22	1.0	-0.31	-0.48	0.84	0.52	-0.39	0.59	-0.21	0.61	-0.6	-0.21	-0.36	0.13	0.03	0.41		-0.18	0.88	0.6	0.28	0.53	0.04	0.57
Total Current Assets	0.94	-0.39	0.53	-0.24	0.97	0.75	0.17	-0.93	-0.52	-0.56	0.99	0.37	-0.19	0.99	0.71	0.39	0.06	0.46	-0.18		-0.46	0.34	0.71	0.47	0.41	0.33
Short Term Debt	-0.2	1.0	-0.25	0.9	-0.53	-0.46	0.73	0.75	0.06	0.78	-0.43	0.53	-0.64	-0.43	-0.44	-0.24	-0.28	-0.04	0.88	-0.46		0.55	-0.13	0.08	-0.36	0.17
Intangible Assets	0.6	0.62	0.01	0.56	0.36	0.36	0.94	-0.06	-0.3	0.56	0.42	1.0	-0.98	0.42	0.47	-0.16	-0.58	0.31	0.6	0.34	0.55		0.44	0.26	-0.28	0.12
Common Stock	0.78	-0.06	0.85	0.24	0.62	0.21	0.48	-0.53	-0.94	-0.2	0.64	0.5	-0.26	0.64	0.39	0.75	0.32	0.92	0.28	0.71	-0.13	0.44		0.87	0.7	0.7
Property Plant Equipment	0.57	0.12	0.94	0.5	0.29	-0.2	0.45	-0.25	-0.96	-0.21	0.34	0.33	-0.09	0.34	-0.03	0.81	0.62	0.93	0.53	0.47	0.08	0.26	0.87		0.81	0.95
Short Term Investments	0.31	-0.35	0.92	0.04	0.24	-0.23	-0.12	-0.36	-0.79	-0.6	0.26	-0.22	0.45	0.26	-0.17	0.97	0.88	0.74	0.04	0.41	-0.36	-0.28	0.7	0.81		0.81
Non Current Liabilities Total	0.41	0.2	0.87	0.57	0.11	-0.36	0.37	-0.1	-0.83	-0.26	0.19	0.17	0.03	0.19	-0.28	0.8	0.73	0.79	0.57	0.33	0.17	0.12	0.7	0.95	0.81

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Singular Intangible Assets vs Property Plant And Equipment Net Analysis

Intangible Assets vs Property Plant And Equipment Net

Intangible Assets vs Property Plant And Equipment Net Correlation Analysis

Correlation Coefficient

Intangible Assets

Property Plant And Equipment Net

Singular Health fundamental ratios Correlations

Singular Health Account Relationship Matchups

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Short Term Debt	+ 1.0	Short Long Term Debt Total
Total Liab	+ 1.0	Total Current Liabilities
Cash And Short Term Investments	+ 1.0	Cash
Intangible Assets	+ 1.0	Non Current Assets Total
Cash	+ 0.99	Total Stockholder Equity
Cash And Short Term Investments	+ 0.99	Total Stockholder Equity

Other Stockholder Equity	- 0.99	Retained Earnings
Intangible Assets	- 0.98	Non Currrent Assets Other
Non Currrent Assets Other	- 0.96	Non Current Assets Total
Property Plant Equipment	- 0.96	Retained Earnings
Net Debt	- 0.95	Total Stockholder Equity
Common Stock	- 0.94	Retained Earnings