Singular Total Stockholder Equity vs Short Term Investments 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 Total Stockholder Equity and its Short Term Investments 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.

Total Stockholder Equity vs Short Term Investments

Total Stockholder Equity vs Short Term Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Singular Health Group Total Stockholder Equity account and Short Term Investments. At this time, the significance of the direction appears to have very week relationship.

The correlation between Singular Health's Total Stockholder Equity and Short Term Investments is 0.24. Overlapping area represents the amount of variation of Total Stockholder Equity that can explain the historical movement of Short Term Investments 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 Total Stockholder Equity and Short Term Investments 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 Stockholder Equity of Singular Health Group are associated (or correlated) with its Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Term Investments has no effect on the direction of Total Stockholder Equity i.e., Singular Health's Total Stockholder Equity and Short Term Investments go up and down completely randomly.

Correlation Coefficient

0.24

Relationship Direction	Positive
Relationship Strength	Very Weak

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Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.

Short Term Investments

Short Term Investments is an item under the current assets section of Singular Health balance sheet. It contains any investments Singular Health Group undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that Singular Health Group can easily liquidate in the marketplace.

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 Total Stockholder Equity vs Short Term Investments Analysis

Total Stockholder Equity vs Short Term Investments

Total Stockholder Equity vs Short Term Investments Correlation Analysis

Correlation Coefficient

Total Stockholder Equity

Short Term Investments

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