Shareate Cash And Short Term Investments vs Net Debt Analysis

688257 Stock

17.99 0.22 1.24%

Shareate Tools financial indicator trend analysis is much more than just breaking down Shareate Tools prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Shareate Tools is a good investment. Please check the relationship between Shareate Tools Cash And Short Term Investments and its Net Debt accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Shareate Tools. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

Cash And Short Term Investments vs Net Debt

Cash And Short Term Investments vs Net Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Shareate Tools Cash And Short Term Investments account and Net Debt. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between Shareate Tools' Cash And Short Term Investments and Net Debt is -0.45. Overlapping area represents the amount of variation of Cash And Short Term Investments that can explain the historical movement of Net Debt in the same time period over historical financial statements of Shareate Tools, assuming nothing else is changed. The correlation between historical values of Shareate Tools' Cash And Short Term Investments and Net Debt 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 Shareate Tools are associated (or correlated) with its Net Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Debt has no effect on the direction of Cash And Short Term Investments i.e., Shareate Tools' Cash And Short Term Investments and Net Debt go up and down completely randomly.

Correlation Coefficient

-0.45

Relationship Direction	Negative
Relationship Strength	Very Weak

View All Relationships

Cash And Short Term Investments

Short Term Investments is an account in the current assets section of Shareate Tools balance sheet. This account contains Shareate Tools investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Shareate Tools 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.

Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.

Most indicators from Shareate Tools' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Shareate Tools 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Shareate Tools. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

The current year's Selling General Administrative is expected to grow to about 118.7 M, whereas Tax Provision is forecasted to decline to about 28.8 M.

	2021	2022	2023	2024 (projected)
Interest Expense	2.7M	4.3M	8.5M	4.7M
Depreciation And Amortization	21.4M	54.3M	62.4M	65.5M

Interest Expense Depreciation And Amortization

Shareate Tools fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	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	Good Will	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Short Term Debt	Intangible Assets	Common Stock	Long Term Debt	Net Receivables
Total Assets		0.88	0.16	0.95	0.99	0.88	0.08	0.98	0.97	0.79	0.97	0.44	0.82	0.83	0.8	0.85	0.96	0.69	0.93	0.96	1.0	0.84	0.87	0.99	0.44	0.9
Short Long Term Debt Total	0.88		0.21	0.92	0.84	0.81	0.37	0.92	0.85	0.56	0.92	0.18	0.58	0.82	0.8	0.86	0.9	0.41	0.77	0.93	0.85	0.98	0.95	0.85	0.48	0.87
Other Current Liab	0.16	0.21		-0.03	0.23	-0.19	-0.49	0.16	0.02	0.29	0.04	0.52	0.32	-0.08	-0.34	-0.07	-0.02	0.34	0.0	0.0	0.2	0.14	0.23	0.05	-0.68	-0.16
Total Current Liabilities	0.95	0.92	-0.03		0.91	0.9	0.33	0.96	0.98	0.61	0.99	0.19	0.64	0.92	0.93	0.87	1.0	0.54	0.87	1.0	0.93	0.9	0.86	0.96	0.63	0.98
Total Stockholder Equity	0.99	0.84	0.23	0.91		0.84	-0.04	0.96	0.94	0.85	0.93	0.54	0.88	0.76	0.73	0.82	0.92	0.74	0.94	0.91	1.0	0.78	0.84	0.98	0.35	0.84
Property Plant And Equipment Net	0.88	0.81	-0.19	0.9	0.84		0.41	0.88	0.88	0.59	0.9	0.14	0.6	0.84	0.81	0.95	0.9	0.55	0.95	0.9	0.85	0.79	0.82	0.87	0.57	0.92
Net Debt	0.08	0.37	-0.49	0.33	-0.04	0.41		0.17	0.21	-0.45	0.3	-0.81	-0.45	0.52	0.45	0.39	0.3	-0.26	0.1	0.32	0.0	0.46	0.33	0.07	0.54	0.46
Retained Earnings	0.98	0.92	0.16	0.96	0.96	0.88	0.17		0.95	0.73	0.97	0.38	0.76	0.82	0.82	0.9	0.96	0.57	0.91	0.97	0.97	0.87	0.93	0.97	0.48	0.9
Accounts Payable	0.97	0.85	0.02	0.98	0.94	0.88	0.21	0.95		0.66	0.99	0.28	0.7	0.91	0.87	0.83	0.98	0.64	0.89	0.98	0.95	0.82	0.81	0.97	0.54	0.96
Cash	0.79	0.56	0.29	0.61	0.85	0.59	-0.45	0.73	0.66		0.62	0.87	0.99	0.31	0.44	0.62	0.61	0.6	0.81	0.62	0.84	0.45	0.57	0.8	0.17	0.48
Non Current Assets Total	0.97	0.92	0.04	0.99	0.93	0.9	0.3	0.97	0.99	0.62		0.21	0.65	0.93	0.89	0.86	1.0	0.59	0.88	0.99	0.94	0.9	0.89	0.96	0.56	0.97
Non Currrent Assets Other	0.44	0.18	0.52	0.19	0.54	0.14	-0.81	0.38	0.28	0.87	0.21		0.86	-0.12	-0.01	0.22	0.19	0.46	0.44	0.21	0.51	0.05	0.21	0.44	-0.22	0.02
Cash And Short Term Investments	0.82	0.58	0.32	0.64	0.88	0.6	-0.45	0.76	0.7	0.99	0.65	0.86		0.37	0.46	0.62	0.65	0.67	0.82	0.65	0.87	0.48	0.59	0.83	0.15	0.52
Good Will	0.83	0.82	-0.08	0.92	0.76	0.84	0.52	0.82	0.91	0.31	0.93	-0.12	0.37		0.83	0.74	0.92	0.57	0.73	0.9	0.78	0.85	0.78	0.8	0.53	0.96
Common Stock Shares Outstanding	0.8	0.8	-0.34	0.93	0.73	0.81	0.45	0.82	0.87	0.44	0.89	-0.01	0.46	0.83		0.78	0.92	0.27	0.72	0.92	0.76	0.81	0.73	0.85	0.87	0.93
Non Current Liabilities Total	0.85	0.86	-0.07	0.87	0.82	0.95	0.39	0.9	0.83	0.62	0.86	0.22	0.62	0.74	0.78		0.85	0.37	0.91	0.89	0.83	0.81	0.87	0.84	0.56	0.85
Inventory	0.96	0.9	-0.02	1.0	0.92	0.9	0.3	0.96	0.98	0.61	1.0	0.19	0.65	0.92	0.92	0.85		0.58	0.88	0.99	0.93	0.89	0.87	0.96	0.61	0.98
Other Current Assets	0.69	0.41	0.34	0.54	0.74	0.55	-0.26	0.57	0.64	0.6	0.59	0.46	0.67	0.57	0.27	0.37	0.58		0.68	0.51	0.72	0.41	0.46	0.64	-0.16	0.52
Other Stockholder Equity	0.93	0.77	0.0	0.87	0.94	0.95	0.1	0.91	0.89	0.81	0.88	0.44	0.82	0.73	0.72	0.91	0.88	0.68		0.87	0.94	0.73	0.8	0.93	0.43	0.84
Total Liab	0.96	0.93	0.0	1.0	0.91	0.9	0.32	0.97	0.98	0.62	0.99	0.21	0.65	0.9	0.92	0.89	0.99	0.51	0.87		0.93	0.91	0.88	0.96	0.63	0.97
Total Current Assets	1.0	0.85	0.2	0.93	1.0	0.85	0.0	0.97	0.95	0.84	0.94	0.51	0.87	0.78	0.76	0.83	0.93	0.72	0.94	0.93		0.8	0.85	0.98	0.39	0.86
Short Term Debt	0.84	0.98	0.14	0.9	0.78	0.79	0.46	0.87	0.82	0.45	0.9	0.05	0.48	0.85	0.81	0.81	0.89	0.41	0.73	0.91	0.8		0.93	0.8	0.51	0.88
Intangible Assets	0.87	0.95	0.23	0.86	0.84	0.82	0.33	0.93	0.81	0.57	0.89	0.21	0.59	0.78	0.73	0.87	0.87	0.46	0.8	0.88	0.85	0.93		0.83	0.4	0.83
Common Stock	0.99	0.85	0.05	0.96	0.98	0.87	0.07	0.97	0.97	0.8	0.96	0.44	0.83	0.8	0.85	0.84	0.96	0.64	0.93	0.96	0.98	0.8	0.83		0.53	0.91
Long Term Debt	0.44	0.48	-0.68	0.63	0.35	0.57	0.54	0.48	0.54	0.17	0.56	-0.22	0.15	0.53	0.87	0.56	0.61	-0.16	0.43	0.63	0.39	0.51	0.4	0.53		0.66
Net Receivables	0.9	0.87	-0.16	0.98	0.84	0.92	0.46	0.9	0.96	0.48	0.97	0.02	0.52	0.96	0.93	0.85	0.98	0.52	0.84	0.97	0.86	0.88	0.83	0.91	0.66

Click cells to compare fundamentals

Shareate Tools Account Relationship Matchups

Shareate Tools fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	882.0M	986.9M	2.6B	3.1B	3.5B	2.0B
Short Long Term Debt Total	172.1M	98.5M	128.0M	222.2M	255.5M	139.8M
Other Current Liab	112.3M	94.4M	119.5M	130.4M	40.5M	38.5M
Total Current Liabilities	407.5M	375.1M	541.5M	782.3M	1.0B	591.5M
Total Stockholder Equity	374.2M	514.7M	2.0B	2.1B	2.1B	1.2B
Property Plant And Equipment Net	106.0M	111.4M	299.1M	555.0M	705.5M	740.8M
Net Debt	61.0M	(11.6M)	(336.0M)	22.8M	126.4M	132.8M
Retained Earnings	216.7M	288.1M	413.3M	513.4M	597.7M	365.0M
Accounts Payable	157.0M	216.8M	337.9M	474.8M	567.8M	322.1M
Cash	111.1M	110.1M	464.0M	199.4M	253.5M	207.4M
Non Current Assets Total	263.7M	299.0M	485.5M	858.9M	1.0B	525.4M
Non Currrent Assets Other	51.7M	81.1M	452.5M	87.4M	41.7M	39.6M
Cash And Short Term Investments	111.1M	110.1M	878.6M	391.7M	450.5M	306.8M
Good Will	51.9M	53.3M	49.1M	101.9M	103.3M	73.1M
Common Stock Shares Outstanding	66.1M	68.7M	73.5M	92.8M	181.9M	96.1M
Liabilities And Stockholders Equity	882.0M	986.9M	2.6B	3.1B	3.6B	3.8B
Non Current Liabilities Total	57.4M	58.8M	71.3M	97.0M	145.6M	152.8M
Inventory	175.6M	191.8M	311.9M	496.3M	648.1M	336.9M
Other Current Assets	7.4M	4.2M	524.9M	729.0M	287.6M	312.3M
Other Stockholder Equity	91.5M	157.0M	1.5B	1.4B	1.7B	1.7B
Total Liab	464.9M	433.9M	612.8M	879.3M	1.2B	660.4M
Total Current Assets	618.3M	687.9M	2.2B	2.3B	2.4B	1.4B
Short Term Debt	138.2M	63.9M	84.1M	177.0M	203.5M	110.9M
Intangible Assets	35.1M	34.4M	35.8M	68.4M	67.8M	44.3M

Currently Active Assets on Macroaxis

C	Citigroup
GM	General Motors
F	Ford Motor
GM	General Motors
V	Visa Class A

Other Information on Investing in Shareate Stock

Balance Sheet is a snapshot of the financial position of Shareate Tools at a specified time, usually calculated after every quarter, six months, or one year. Shareate Tools Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Shareate Tools and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Shareate currently owns. An asset can also be divided into two categories, current and non-current.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

Shareate Cash And Short Term Investments vs Net Debt Analysis

Cash And Short Term Investments vs Net Debt

Cash And Short Term Investments vs Net Debt Correlation Analysis

Correlation Coefficient

Cash And Short Term Investments

Net Debt

Shareate Tools fundamental ratios Correlations

Shareate Tools Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Shareate Tools fundamental ratios Accounts

Currently Active Assets on Macroaxis

Other Information on Investing in Shareate Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Current Assets	+ 1.0	Total Assets
Inventory	+ 1.0	Total Current Liabilities
Total Liab	+ 1.0	Total Current Liabilities
Total Current Assets	+ 1.0	Total Stockholder Equity
Inventory	+ 1.0	Non Current Assets Total
Total Stockholder Equity	+ 0.99	Total Assets

Non Currrent Assets Other	- 0.81	Net Debt
Long Term Debt	- 0.68	Other Current Liab
Net Debt	- 0.49	Other Current Liab
Cash And Short Term Investments	- 0.45	Net Debt
Cash	- 0.45	Net Debt
Common Stock Shares Outstanding	- 0.34	Other Current Liab