Asset Cash vs Net Debt Analysis
| ASST Stock | 0.58 0.06 9.38% |
Asset Entities financial indicator trend analysis is way more than just evaluating Asset Entities Class prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Asset Entities Class is a good investment. Please check the relationship between Asset Entities Cash and its Net Debt accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Asset Entities Class. 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.
Cash vs Net Debt
Cash vs Net Debt Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Asset Entities Class Cash account and Net Debt. At this time, the significance of the direction appears to have pay attention.
The correlation between Asset Entities' Cash and Net Debt is -1.0. Overlapping area represents the amount of variation of Cash that can explain the historical movement of Net Debt in the same time period over historical financial statements of Asset Entities Class, assuming nothing else is changed. The correlation between historical values of Asset Entities' Cash 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 of Asset Entities Class 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 i.e., Asset Entities' Cash and Net Debt go up and down completely randomly.
Correlation Coefficient | -1.0 |
| Relationship Direction | Negative |
| Relationship Strength | Strong |
Cash
Cash refers to the most liquid asset of Asset Entities Class, which is listed under current asset account on Asset Entities Class balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Asset Entities customers. The amounts must be unrestricted with restricted cash listed in a different Asset Entities account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.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 Asset Entities' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Asset Entities Class 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 Asset Entities Class. 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. At this time, Asset Entities' Selling General Administrative is comparatively stable compared to the past year. Sales General And Administrative To Revenue is likely to gain to 8.27 in 2024, despite the fact that Enterprise Value Over EBITDA is likely to grow to (1.11).
| 2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 829.6K | 187.9K | 276.3K | 275.8K | Total Revenue | 829.6K | 343.1K | 277.0K | 422.6K |
Asset Entities fundamental ratios Correlations
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Asset Entities Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Thematic Opportunities
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Additional Tools for Asset Stock Analysis
When running Asset Entities' price analysis, check to measure Asset Entities' 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 Asset Entities is operating at the current time. Most of Asset Entities' value examination focuses on studying past and present price action to predict the probability of Asset Entities' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Asset Entities' price. Additionally, you may evaluate how the addition of Asset Entities to your portfolios can decrease your overall portfolio volatility.