Heritage Cash vs Capital Lease Obligations Analysis
| CASK Stock | 1.23 0.05 3.91% |
Heritage Distilling financial indicator trend analysis is much more than just examining Heritage Distilling latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Heritage Distilling is a good investment. Please check the relationship between Heritage Distilling Cash and its Capital Lease Obligations accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Heritage Distilling Holding. 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 Capital Lease Obligations
Cash vs Capital Lease Obligations Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Heritage Distilling Cash account and Capital Lease Obligations. At this time, the significance of the direction appears to have pay attention.
The correlation between Heritage Distilling's Cash and Capital Lease Obligations is -0.74. Overlapping area represents the amount of variation of Cash that can explain the historical movement of Capital Lease Obligations in the same time period over historical financial statements of Heritage Distilling Holding, assuming nothing else is changed. The correlation between historical values of Heritage Distilling's Cash and Capital Lease Obligations 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 Heritage Distilling Holding are associated (or correlated) with its Capital Lease Obligations. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capital Lease Obligations has no effect on the direction of Cash i.e., Heritage Distilling's Cash and Capital Lease Obligations go up and down completely randomly.
Correlation Coefficient | -0.74 |
| Relationship Direction | Negative |
| Relationship Strength | Weak |
Cash
Cash refers to the most liquid asset of Heritage Distilling, which is listed under current asset account on Heritage Distilling Holding balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Heritage Distilling customers. The amounts must be unrestricted with restricted cash listed in a different Heritage Distilling 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.Capital Lease Obligations
Heritage Distilling capital lease obligations are the amount due for long-term lease agreements that are nearly equivalent to Heritage Distilling asset purchases. For example, Heritage Distilling can use a capital lease to finance the purchase of an asset without ever buying it. A capital lease gives companies such as Heritage Distilling control over an asset for a big portion of its life. The total obligations of a company under capital leases, which are lease agreements that transfer substantially all risks and rewards of ownership to the lessee.Most indicators from Heritage Distilling's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Heritage Distilling 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 Heritage Distilling Holding. 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. Tax Provision is expected to rise to 6,435 this year, although the value of Selling General Administrative will most likely fall to about 12.6 M.
| 2022 | 2023 | 2024 | 2025 (projected) | Gross Profit | 2.2M | 2.2M | 1.9M | 1.8M | Total Revenue | 8.3M | 8.0M | 7.2M | 6.6M |
Heritage Distilling fundamental ratios Correlations
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Heritage Distilling Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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Is Beer and Liquor 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 Heritage Distilling. If investors know Heritage 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 Heritage Distilling listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Heritage Distilling is measured differently than its book value, which is the value of Heritage that is recorded on the company's balance sheet. Investors also form their own opinion of Heritage Distilling's value that differs from its market value or its book value, called intrinsic value, which is Heritage Distilling'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 Heritage Distilling's market value can be influenced by many factors that don't directly affect Heritage Distilling'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 Heritage Distilling's value and its price as these two are different measures arrived at by different means. Investors typically determine if Heritage Distilling is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Heritage Distilling'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.