Healthy Net Receivables vs Cash Analysis
| HCWC Stock | 1.47 0.09 5.77% |
Healthy Choice financial indicator trend analysis is much more than just examining Healthy Choice Wellness latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Healthy Choice Wellness is a good investment. Please check the relationship between Healthy Choice Net Receivables and its Cash accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Healthy Choice Wellness. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in housing.
Net Receivables vs Cash
Net Receivables vs Cash Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Healthy Choice Wellness Net Receivables account and Cash. At this time, the significance of the direction appears to have strong relationship.
The correlation between Healthy Choice's Net Receivables and Cash is 0.75. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Cash in the same time period over historical financial statements of Healthy Choice Wellness, assuming nothing else is changed. The correlation between historical values of Healthy Choice's Net Receivables and Cash 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 Receivables of Healthy Choice Wellness are associated (or correlated) with its Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash has no effect on the direction of Net Receivables i.e., Healthy Choice's Net Receivables and Cash go up and down completely randomly.
Correlation Coefficient | 0.75 |
| Relationship Direction | Positive |
| Relationship Strength | Significant |
Net Receivables
Cash
Cash refers to the most liquid asset of Healthy Choice Wellness, which is listed under current asset account on Healthy Choice Wellness balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Healthy Choice customers. The amounts must be unrestricted with restricted cash listed in a different Healthy Choice account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.Most indicators from Healthy Choice's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Healthy Choice Wellness 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 Healthy Choice Wellness. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in housing. As of November 25, 2024, Selling General Administrative is expected to decline to about 11.4 M
| 2010 | 2022 | 2023 | 2024 (projected) | Total Revenue | 11.2M | 29.0M | 65.3M | 38.7M | Interest Expense | 47.2K | 30.0K | 27.0K | 30.9K |
Healthy Choice fundamental ratios Correlations
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Healthy Choice Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Healthy Choice Wellness offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Healthy Choice's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Healthy Choice Wellness Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Healthy Choice Wellness Stock:Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Healthy Choice Wellness. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in housing. You can also try the Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.
Is Consumer Staples Distribution & Retail 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 Healthy Choice. If investors know Healthy 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 Healthy Choice listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (1.06) | Quarterly Revenue Growth 0.149 | Return On Assets (0.08) | Return On Equity (0.79) |
The market value of Healthy Choice Wellness is measured differently than its book value, which is the value of Healthy that is recorded on the company's balance sheet. Investors also form their own opinion of Healthy Choice's value that differs from its market value or its book value, called intrinsic value, which is Healthy Choice'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 Healthy Choice's market value can be influenced by many factors that don't directly affect Healthy Choice'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 Healthy Choice's value and its price as these two are different measures arrived at by different means. Investors typically determine if Healthy Choice is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Healthy Choice'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.