| HAM Stock | | | 6.02 0.09 1.52% |
Highwood Asset financial indicator trend analysis is much more than just examining Highwood Asset Management latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Highwood Asset Management is a good investment. Please check the relationship between Highwood Asset Net Working Capital and its Other Current Assets accounts. Check out
Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Highwood Asset Management. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in board of governors.
Net Working Capital vs Other Current Assets
Net Working Capital vs Other Current Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Highwood Asset Management Net Working Capital account and
Other Current Assets. At this time, the significance of the direction appears to have strong relationship.
The correlation between Highwood Asset's Net Working Capital and Other Current Assets is 0.61. Overlapping area represents the amount of variation of Net Working Capital that can explain the historical movement of Other Current Assets in the same time period over historical financial statements of Highwood Asset Management, assuming nothing else is changed. The correlation between historical values of Highwood Asset's Net Working Capital and Other Current 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 Net Working Capital of Highwood Asset Management are associated (or correlated) with its Other Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Assets has no effect on the direction of Net Working Capital i.e., Highwood Asset's Net Working Capital and Other Current Assets go up and down completely randomly.
Correlation Coefficient | 0.61 |
| Relationship Direction | Positive |
| Relationship Strength | Significant |
Net Working Capital
Other Current Assets
Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.
Most indicators from Highwood Asset's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Highwood Asset Management 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 Highwood Asset Management. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in board of governors.
At this time, Highwood Asset's
Tax Provision is fairly stable compared to the past year.
Issuance Of Capital Stock is likely to climb to about 36.8
M in 2024, whereas
Selling General Administrative is likely to drop slightly above 5.3
M in 2024.
Highwood Asset fundamental ratios Correlations
Click cells to compare fundamentals
Highwood Asset Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Highwood Asset fundamental ratios Accounts
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Additional Tools for Highwood Stock Analysis
When running Highwood Asset's price analysis, check to
measure Highwood Asset'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 Highwood Asset is operating at the current time. Most of Highwood Asset's value examination focuses on studying past and present price action to
predict the probability of Highwood Asset's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Highwood Asset's price. Additionally, you may evaluate how the addition of Highwood Asset to your portfolios can decrease your overall portfolio volatility.