Cherry Short Term Investments vs Net Tangible Assets Analysis
CHMI Stock | USD 2.68 0.13 5.10% |
Cherry Hill financial indicator trend analysis is way more than just evaluating Cherry Hill Mortgage prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Cherry Hill Mortgage is a good investment. Please check the relationship between Cherry Hill Short Term Investments and its Net Tangible Assets accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Cherry Hill Mortgage. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.
Short Term Investments vs Net Tangible Assets
Short Term Investments vs Net Tangible Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Cherry Hill Mortgage Short Term Investments account and Net Tangible Assets. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Cherry Hill's Short Term Investments and Net Tangible Assets is 0.83. Overlapping area represents the amount of variation of Short Term Investments that can explain the historical movement of Net Tangible Assets in the same time period over historical financial statements of Cherry Hill Mortgage, assuming nothing else is changed. The correlation between historical values of Cherry Hill's Short Term Investments and Net Tangible Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Term Investments of Cherry Hill Mortgage are associated (or correlated) with its Net Tangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Tangible Assets has no effect on the direction of Short Term Investments i.e., Cherry Hill's Short Term Investments and Net Tangible Assets go up and down completely randomly.
Correlation Coefficient | 0.83 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Short Term Investments
Short Term Investments is an item under the current assets section of Cherry Hill balance sheet. It contains any investments Cherry Hill Mortgage undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that Cherry Hill Mortgage can easily liquidate in the marketplace.Net Tangible Assets
The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.Most indicators from Cherry Hill's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Cherry Hill Mortgage 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 Cherry Hill Mortgage. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population. As of now, Cherry Hill's Sales General And Administrative To Revenue is increasing as compared to previous years. The Cherry Hill's current Enterprise Value is estimated to increase to about 1.2 B, while Selling General Administrative is projected to decrease to under 9.9 M.
2021 | 2022 | 2023 | 2024 (projected) | Interest Income | 15.0M | 29.6M | 47.1M | 34.5M | Net Interest Income | 9.2M | 12.1M | 100K | 95K |
Cherry Hill fundamental ratios Correlations
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Cherry Hill Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Cherry Hill fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 3.0B | 1.6B | 1.3B | 1.4B | 1.4B | 1.4B | |
Other Current Liab | (10.8M) | (1.0M) | (996K) | (4.5M) | (1.0B) | (953.4M) | |
Total Current Liabilities | 10.8M | 1.0M | 996K | 183.9M | 1.0B | 1.1B | |
Total Stockholder Equity | 408.7M | 310.2M | 275.9M | 262.0M | 255.5M | 258.4M | |
Net Debt | 142.3M | 27.5M | 81.4M | 126.6M | 1.0B | 1.1B | |
Retained Earnings | (47.4M) | (142.0M) | (158.5M) | (169.0M) | (233.2M) | (221.5M) | |
Cash | 24.7M | 83.9M | 63.9M | 57.3M | 52.9M | 35.9M | |
Cash And Short Term Investments | 2.5B | 1.3B | 1.0B | 337.1M | 72.4M | 68.8M | |
Common Stock Total Equity | 170K | 175K | 187K | 239K | 274.9K | 288.6K | |
Common Stock Shares Outstanding | 16.8M | 16.9M | 17.3M | 19.8M | 26.3M | 13.7M | |
Liabilities And Stockholders Equity | 3.0B | 1.6B | 1.3B | 1.4B | 1.4B | 1.4B | |
Other Stockholder Equity | 299.2M | 301.0M | 311.3M | 344.5M | 375.5M | 252.3M | |
Total Liab | 2.5B | 1.3B | 1.0B | 1.1B | 1.1B | 1.1B | |
Total Current Assets | 2.6B | 1.4B | 1.1B | 386.9M | 87.8M | 83.5M | |
Common Stock | 170K | 175K | 187K | 239K | 305K | 153.1K | |
Short Long Term Debt Total | 346.3M | 228.6M | 291.8M | 392.5M | 1.1B | 1.2B | |
Net Tangible Assets | 293.4M | 194.8M | 160.5M | 146.7M | 168.7M | 217.6M | |
Noncontrolling Interest In Consolidated Entity | 3.0M | 2.4M | 3.0M | 3.5M | 4.0M | 2.3M | |
Accounts Payable | 10.8M | 1.0M | 996K | 4.5M | 6.0M | 4.7M | |
Non Current Assets Total | 2.8B | 1.4B | 1.2B | 116.3M | 2.5B | 1.4B | |
Other Assets | (2.4B) | (1.2B) | (930.1M) | 905.7M | (1.2B) | (1.2B) | |
Long Term Debt | 179.3M | 117.3M | 146.5M | 208.6M | 169.3M | 107.5M | |
Net Receivables | 47.1M | 44.4M | 43.3M | 55.9M | 23.4M | 29.3M | |
Retained Earnings Total Equity | (47.4M) | (142.0M) | (158.5M) | (169.0M) | (152.1M) | (144.5M) | |
Short Term Investments | 2.5B | 1.2B | 953.5M | 116.3M | 19.5M | 18.5M | |
Long Term Debt Total | 179.3M | 117.3M | 146.5M | 208.6M | 239.9M | 251.9M | |
Non Current Liabilities Total | 167.0M | 111.4M | 145.3M | 959.4M | 104.8M | 99.6M | |
Capital Surpluse | 302.7M | 301.0M | 311.3M | 344.5M | 396.2M | 261.9M | |
Other Current Assets | (123.0M) | (174.9M) | (120.1M) | (136.6M) | 15.5M | 16.2M | |
Long Term Investments | 309.4M | 190.4M | 1.2B | 1.3B | 1.4B | 1.5B | |
Preferred Stock Total Equity | 57.9M | 65.6M | 115.3M | 115.4M | 132.7M | 99.7M | |
Accumulated Other Comprehensive Income | 41.4M | 35.6M | 7.5M | (29.1M) | (2.5M) | (2.4M) | |
Non Current Liabilities Other | 2.3B | 1.1B | 865.5M | 826.0M | 949.9M | 1.1B | |
Intangible Assets | 291.1M | 174.4M | 218.7M | 279.7M | 253.6M | 188.6M |
Currently Active Assets on Macroaxis
When determining whether Cherry Hill Mortgage offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Cherry Hill'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 Cherry Hill Mortgage Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Cherry Hill Mortgage Stock:Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Cherry Hill Mortgage. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population. You can also try the Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Is Mortgage Real Estate Investment Trusts (REITs) 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 Cherry Hill. If investors know Cherry 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 Cherry Hill listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.74) | Earnings Share (1.58) | Revenue Per Share 0.863 | Quarterly Revenue Growth 0.199 | Return On Assets (0) |
The market value of Cherry Hill Mortgage is measured differently than its book value, which is the value of Cherry that is recorded on the company's balance sheet. Investors also form their own opinion of Cherry Hill's value that differs from its market value or its book value, called intrinsic value, which is Cherry Hill'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 Cherry Hill's market value can be influenced by many factors that don't directly affect Cherry Hill'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 Cherry Hill's value and its price as these two are different measures arrived at by different means. Investors typically determine if Cherry Hill is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Cherry Hill'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.