Guggenheim Total Current Assets vs Net Debt Analysis
| GUG Stock | USD 15.72 0.15 0.96% |
Guggenheim Active financial indicator trend analysis is much more than just examining Guggenheim Active latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Guggenheim Active is a good investment. Please check the relationship between Guggenheim Active Total Current Assets and its Net Debt accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Guggenheim Active Allocation. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in employment.
Total Current Assets vs Net Debt
Total Current Assets vs Net Debt Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Guggenheim Active Total Current Assets account and Net Debt. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Guggenheim Active's Total Current Assets and Net Debt is 0.83. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Net Debt in the same time period over historical financial statements of Guggenheim Active Allocation, assuming nothing else is changed. The correlation between historical values of Guggenheim Active's Total Current Assets 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 Total Current Assets of Guggenheim Active Allocation 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 Total Current Assets i.e., Guggenheim Active's Total Current Assets and Net Debt go up and down completely randomly.
Correlation Coefficient | 0.83 |
| Relationship Direction | Positive |
| Relationship Strength | Strong |
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.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 Guggenheim Active's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Guggenheim Active 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 Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Guggenheim Active Allocation. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in employment. The Guggenheim Active's current Sales General And Administrative To Revenue is estimated to increase to 0.01, while Selling General Administrative is projected to decrease to roughly 783.4 K.
| 2010 | 2023 | 2024 (projected) | Interest Income | 40.8M | 48.0M | 48.8M | Net Interest Income | 32.5M | 39.4M | 39.5M |
Guggenheim Active fundamental ratios Correlations
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Guggenheim Active Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Currently Active Assets on Macroaxis
When determining whether Guggenheim Active is a strong investment it is important to analyze Guggenheim Active's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Guggenheim Active's future performance. For an informed investment choice regarding Guggenheim Stock, refer to the following important reports:Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Guggenheim Active Allocation. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in employment. You can also try the Sync Your Broker module to sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors..
Is Asset Management & Custody Banks 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 Guggenheim Active. If investors know Guggenheim 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 Guggenheim Active listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share 2.11 |
The market value of Guggenheim Active is measured differently than its book value, which is the value of Guggenheim that is recorded on the company's balance sheet. Investors also form their own opinion of Guggenheim Active's value that differs from its market value or its book value, called intrinsic value, which is Guggenheim Active'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 Guggenheim Active's market value can be influenced by many factors that don't directly affect Guggenheim Active'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 Guggenheim Active's value and its price as these two are different measures arrived at by different means. Investors typically determine if Guggenheim Active is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Guggenheim Active'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.