| CNFRZ Stock | | | 20.53 1.26 5.78% |
Conifer Holdings, financial indicator trend analysis is way more than just evaluating Conifer Holdings, 975 prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Conifer Holdings, 975 is a good investment. Please check the relationship between Conifer Holdings, Cash And Short Term Investments and its Net Debt accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Conifer Holdings, 975. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in metropolitan statistical area.
Cash And Short Term Investments vs Net Debt
Cash And Short Term Investments vs Net Debt Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Conifer Holdings, 975 Cash And Short Term Investments account and
Net Debt. At this time, the significance of the direction appears to have strong relationship.
The correlation between Conifer Holdings,'s Cash And Short Term Investments and Net Debt is 0.78. Overlapping area represents the amount of variation of Cash And Short Term Investments that can explain the historical movement of Net Debt in the same time period over historical financial statements of Conifer Holdings, 975, assuming nothing else is changed. The correlation between historical values of Conifer Holdings,'s Cash And Short Term Investments 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 And Short Term Investments of Conifer Holdings, 975 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 And Short Term Investments i.e., Conifer Holdings,'s Cash And Short Term Investments and Net Debt go up and down completely randomly.
Correlation Coefficient | 0.78 |
| Relationship Direction | Positive |
| Relationship Strength | Significant |
Cash And Short Term Investments
Short Term Investments is an account in the current assets section of Conifer Holdings, 975 balance sheet. This account contains Conifer Holdings, investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Conifer Holdings, 975 fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.
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 Conifer Holdings,'s fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Conifer Holdings, 975 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 Conifer Holdings, 975. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in metropolitan statistical area.
Selling General Administrative is likely to drop to about 14.1
M in 2024.
Sales General And Administrative To Revenue is likely to drop to 0.15 in 2024
Conifer Holdings, fundamental ratios Correlations
Click cells to compare fundamentals
Conifer Holdings, Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Conifer Holdings, fundamental ratios Accounts
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Additional Tools for Conifer Stock Analysis
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measure Conifer Holdings,'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 Conifer Holdings, is operating at the current time. Most of Conifer Holdings,'s value examination focuses on studying past and present price action to
predict the probability of Conifer Holdings,'s future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Conifer Holdings,'s price. Additionally, you may evaluate how the addition of Conifer Holdings, to your portfolios can decrease your overall portfolio volatility.