Ehouse Total Current Assets vs Retained Earnings Analysis
Ehouse Global financial indicator trend analysis is much more than just examining Ehouse Global latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Ehouse Global is a good investment. Please check the relationship between Ehouse Global Total Current Assets and its Retained Earnings accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Ehouse Global. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons. For more information on how to buy Ehouse Stock please use our How to Invest in Ehouse Global guide.
Total Current Assets vs Retained Earnings
Total Current Assets vs Retained Earnings Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Ehouse Global Total Current Assets account and Retained Earnings. At this time, the significance of the direction appears to have very week relationship.
The correlation between Ehouse Global's Total Current Assets and Retained Earnings is 0.21. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Retained Earnings in the same time period over historical financial statements of Ehouse Global, assuming nothing else is changed. The correlation between historical values of Ehouse Global's Total Current Assets and Retained Earnings is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Current Assets of Ehouse Global are associated (or correlated) with its Retained Earnings. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Retained Earnings has no effect on the direction of Total Current Assets i.e., Ehouse Global's Total Current Assets and Retained Earnings go up and down completely randomly.
Correlation Coefficient | 0.21 |
| Relationship Direction | Positive |
| Relationship Strength | Very Weak |
Total Current Assets
The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.Retained Earnings
The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.Most indicators from Ehouse Global's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Ehouse Global 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Ehouse Global. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons. For more information on how to buy Ehouse Stock please use our How to Invest in Ehouse Global guide.Selling General Administrative is likely to gain to about 1.5 M in 2024
Ehouse Global fundamental ratios Correlations
Click cells to compare fundamentals
Ehouse Global Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Thematic Opportunities
Explore Investment Opportunities
Additional Tools for Ehouse Stock Analysis
When running Ehouse Global's price analysis, check to measure Ehouse Global'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 Ehouse Global is operating at the current time. Most of Ehouse Global's value examination focuses on studying past and present price action to predict the probability of Ehouse Global's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ehouse Global's price. Additionally, you may evaluate how the addition of Ehouse Global to your portfolios can decrease your overall portfolio volatility.