Alset Total Current Assets vs Short Term Investments Analysis
AEI Stock | USD 1.08 0.02 1.82% |
Alset Ehome financial indicator trend analysis is way more than just evaluating Alset Ehome International prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Alset Ehome International is a good investment. Please check the relationship between Alset Ehome Total Current Assets and its Short Term Investments accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Alset Ehome International. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.
Total Current Assets vs Short Term Investments
Total Current Assets vs Short Term Investments Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Alset Ehome International Total Current Assets account and Short Term Investments. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Alset Ehome's Total Current Assets and Short Term Investments is 0.96. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Short Term Investments in the same time period over historical financial statements of Alset Ehome International, assuming nothing else is changed. The correlation between historical values of Alset Ehome's Total Current Assets 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 Current Assets of Alset Ehome International 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 Current Assets i.e., Alset Ehome's Total Current Assets and Short Term Investments go up and down completely randomly.
Correlation Coefficient | 0.96 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Total Current Assets
The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.Short Term Investments
Short Term Investments is an item under the current assets section of Alset Ehome balance sheet. It contains any investments Alset Ehome International undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that Alset Ehome International can easily liquidate in the marketplace.Most indicators from Alset Ehome's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Alset Ehome International 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 Alset Ehome International. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income. As of now, Alset Ehome's Enterprise Value Multiple is increasing as compared to previous years.
2021 | 2022 | 2023 | 2024 (projected) | Depreciation And Amortization | 34.8M | 11.6M | 1.2M | 1.2M | Interest Income | 183.6K | 67.5K | 525.9K | 552.2K |
Alset Ehome fundamental ratios Correlations
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Alset Ehome Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Alset Ehome fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Other Current Liab | 2.2M | 1.3M | (1.3M) | (137.3K) | 3.0M | 3.2M | |
Total Current Liabilities | 7.0M | 7.8M | 13.5M | 3.2M | 8.3M | 8.0M | |
Net Tangible Assets | 20.0M | 15.2M | 57.1M | 148.4M | 170.6M | 179.2M | |
Retained Earnings | (40.5M) | (43.0M) | (148.2M) | (188.7M) | (247.9M) | (235.5M) | |
Accounts Payable | 4.0M | 1.7M | 11.3M | 3.0M | 4.4M | 5.0M | |
Other Assets | 38.9M | 23.9M | 21.3M | 40.6M | 36.5M | 30.2M | |
Net Receivables | 852.1K | 1.4M | 13.2M | 4.1M | 77.5K | 73.6K | |
Other Current Assets | 4.8M | 9.6M | 6.2M | 882.6K | 6.8M | 5.3M | |
Other Stockholder Equity | 54.3M | 102.7M | 296.2M | 322.5M | 332.5M | 167.0M | |
Total Current Assets | 11.8M | 81.9M | 142.7M | 95.4M | 55.5M | 56.8M | |
Property Plant Equipment | 103.4K | 226.3K | 660.1K | 923.5K | 1.1M | 1.1M | |
Total Assets | 35.9M | 103.3M | 184.2M | 153.5M | 126.3M | 111.9M | |
Short Long Term Debt Total | 5.7M | 2.9M | 1.8M | 1.8M | 1.7M | 1.6M | |
Total Stockholder Equity | 15.2M | 57.1M | 148.4M | 137.7M | 88.2M | 76.9M | |
Property Plant And Equipment Net | 226.3K | 660.1K | 923.5K | 2.9M | 2.2M | 1.1M | |
Current Deferred Revenue | 258.6K | 2.9M | 728.3K | 21.2K | 2.1K | 2.0K | |
Net Debt | 2.9M | (19.2M) | (54.2M) | (16.0M) | (25.2M) | (24.0M) | |
Cash | 2.8M | 22.1M | 56.1M | 17.8M | 26.9M | 20.2M | |
Non Current Assets Total | 24.1M | 21.4M | 41.5M | 58.1M | 70.9M | 48.0M | |
Non Currrent Assets Other | 23.9M | (87.0M) | (143.7M) | 121.4M | 68.6M | 72.0M | |
Long Term Debt | 9.0M | 5.0M | 636.4K | 126.2K | 113.6K | 107.9K | |
Cash And Short Term Investments | 6.0M | 71.3M | 123.3M | 90.4M | 48.7M | 54.9M | |
Short Term Investments | 3.2M | 49.1M | 67.2M | 72.6M | 21.6M | 34.7M | |
Liabilities And Stockholders Equity | 35.9M | 103.3M | 184.2M | 153.5M | 126.3M | 111.9M | |
Non Current Liabilities Total | 6.6M | 829.7K | 383.4K | 1.6M | 722.0K | 685.9K | |
Inventory | 116.7K | 90.1K | 47.3K | 35.0K | 5.6K | 5.3K | |
Total Liab | 13.6M | 8.6M | 13.9M | 4.8M | 9.1M | 10.9M | |
Net Invested Capital | 20.8M | 59.4M | 149.5M | 137.8M | 108.8M | 86.0M | |
Property Plant And Equipment Gross | 226.3K | 660.1K | 923.5K | 2.9M | 2.2M | 1.1M | |
Short Long Term Debt | 567.1K | 1.7M | 1.2M | 194.5K | 47.6K | 45.2K | |
Accumulated Other Comprehensive Income | 1.5M | 2.2M | 341.6K | 3.8M | 3.6M | 2.7M | |
Net Working Capital | 4.7M | 74.1M | 129.2M | 92.2M | 47.1M | 54.3M | |
Short Term Debt | 626.0K | 3.1M | 1.7M | 285.6K | 920.3K | 874.3K |
Currently Active Assets on Macroaxis
When determining whether Alset Ehome International offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Alset Ehome's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Alset Ehome International Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Alset Ehome International Stock:Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Alset Ehome International. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income. You can also try the Portfolio File Import module to quickly import all of your third-party portfolios from your local drive in csv format.
Is Real Estate Management & Development space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Alset Ehome. If investors know Alset will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Alset Ehome listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (4.34) | Revenue Per Share 0.998 | Quarterly Revenue Growth (0.94) | Return On Assets (0.04) | Return On Equity (0.52) |
The market value of Alset Ehome International is measured differently than its book value, which is the value of Alset that is recorded on the company's balance sheet. Investors also form their own opinion of Alset Ehome's value that differs from its market value or its book value, called intrinsic value, which is Alset Ehome's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Alset Ehome's market value can be influenced by many factors that don't directly affect Alset Ehome's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Alset Ehome's value and its price as these two are different measures arrived at by different means. Investors typically determine if Alset Ehome is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Alset Ehome's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.