| 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 Total Current Assets and its Capital Lease Obligations 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.
Total Current Assets vs Capital Lease Obligations
Total Current Assets vs Capital Lease Obligations Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Highwood Asset Management Total Current Assets account and
Capital Lease Obligations. At this time, the significance of the direction appears to have very week relationship.
The correlation between Highwood Asset's Total Current Assets and Capital Lease Obligations is 0.25. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Capital Lease Obligations 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 Total Current Assets and Capital Lease Obligations 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 Highwood Asset Management are associated (or correlated) with its Capital Lease Obligations. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capital Lease Obligations has no effect on the direction of Total Current Assets i.e., Highwood Asset's Total Current Assets and Capital Lease Obligations go up and down completely randomly.
Correlation Coefficient | 0.25 |
| 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.
Capital Lease Obligations
Highwood Asset Management capital lease obligations are the amount due for long-term lease agreements that are nearly equivalent to Highwood Asset asset purchases. For example, Highwood Asset can use a capital lease to finance the purchase of an asset without ever buying it. A capital lease gives companies such as Highwood Asset control over an asset for a big portion of its life. The total obligations of a company under capital leases, which are lease agreements that transfer substantially all risks and rewards of ownership to the lessee.
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.