Cheer Historical Balance Sheet
CHR Stock | 2.51 0.04 1.62% |
Trend analysis of Cheer Holding balance sheet accounts such as Short Long Term Debt Total of 5.3 M, Other Current Liabilities of 3.6 M or Total Current Liabilities of 36.2 M provides information on Cheer Holding's total assets, liabilities, and equity, which is the actual value of Cheer Holding to its prevalent stockholders. By breaking down trends over time using Cheer Holding balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
Financial Statement Analysis is much more than just reviewing and examining Cheer Holding latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Cheer Holding is a good buy for the upcoming year.
Cheer |
About Cheer Balance Sheet Analysis
Balance Sheet is a snapshot of the financial position of Cheer Holding at a specified time, usually calculated after every quarter, six months, or one year. Cheer Holding Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Cheer Holding 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 Cheer currently owns. An asset can also be divided into two categories, current and non-current.
Cheer Holding Balance Sheet Chart
Add Fundamental
Total Assets
Total assets refers to the total amount of Cheer Holding assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Cheer Holding books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.Total Current Liabilities
Total Current Liabilities is an item on Cheer Holding balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Cheer Holding are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.Most accounts from Cheer Holding's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Cheer Holding current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, 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 Cheer 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 rate. To learn how to invest in Cheer Stock, please use our How to Invest in Cheer Holding guide.At this time, Cheer Holding's Property Plant And Equipment Gross is relatively stable compared to the past year. As of 11/29/2024, Short and Long Term Debt is likely to grow to about 4.9 M, while Short and Long Term Debt Total is likely to drop slightly above 5.3 M.
2021 | 2022 | 2023 | 2024 (projected) | Short and Long Term Debt Total | 6.4M | 5.1M | 6.0M | 5.3M | Total Assets | 195.2M | 206.0M | 327.6M | 209.4M |
Cheer Holding balance sheet Correlations
Click cells to compare fundamentals
Cheer Holding Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Pair Trading with Cheer Holding
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Cheer Holding position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Cheer Holding will appreciate offsetting losses from the drop in the long position's value.Moving together with Cheer Stock
Moving against Cheer Stock
0.83 | ADV | Advantage Solutions | PairCorr |
0.83 | AMC | AMC Entertainment Aggressive Push | PairCorr |
0.75 | EEX | Emerald Expositions | PairCorr |
0.71 | HAO | Haoxi Health Technology | PairCorr |
0.55 | BATRK | Atlanta Braves Holdings, | PairCorr |
The ability to find closely correlated positions to Cheer Holding could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Cheer Holding when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Cheer Holding - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Cheer Holding to buy it.
The correlation of Cheer Holding is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Cheer Holding moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Cheer Holding moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Cheer Holding can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Additional Tools for Cheer Stock Analysis
When running Cheer Holding's price analysis, check to measure Cheer Holding's 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 Cheer Holding is operating at the current time. Most of Cheer Holding's value examination focuses on studying past and present price action to predict the probability of Cheer Holding's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cheer Holding's price. Additionally, you may evaluate how the addition of Cheer Holding to your portfolios can decrease your overall portfolio volatility.