Homeco Long Term Debt vs Cash And Equivalents Analysis
| HDN Stock | 1.24 0.02 1.64% |
Homeco Daily financial indicator trend analysis is much more than just examining Homeco Daily Needs latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Homeco Daily Needs is a good investment. Please check the relationship between Homeco Daily Long Term Debt and its Cash And Equivalents accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Homeco Daily Needs. 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.
Long Term Debt vs Cash And Equivalents
Long Term Debt vs Cash And Equivalents Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Homeco Daily Needs Long Term Debt account and Cash And Equivalents. At this time, the significance of the direction appears to have pay attention.
The correlation between Homeco Daily's Long Term Debt and Cash And Equivalents is -0.99. Overlapping area represents the amount of variation of Long Term Debt that can explain the historical movement of Cash And Equivalents in the same time period over historical financial statements of Homeco Daily Needs, assuming nothing else is changed. The correlation between historical values of Homeco Daily's Long Term Debt and Cash And Equivalents is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Long Term Debt of Homeco Daily Needs are associated (or correlated) with its Cash And Equivalents. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash And Equivalents has no effect on the direction of Long Term Debt i.e., Homeco Daily's Long Term Debt and Cash And Equivalents go up and down completely randomly.
Correlation Coefficient | -0.99 |
| Relationship Direction | Negative |
| Relationship Strength | Significant |
Long Term Debt
Long-term debt is a debt that Homeco Daily Needs has held for over one year. Long-term debt appears on Homeco Daily Needs balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on Homeco Daily Needs balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.Cash And Equivalents
Most indicators from Homeco Daily's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Homeco Daily Needs 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 Homeco Daily Needs. 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. Selling General Administrative is likely to drop to about 3.2 M in 2024. Issuance Of Capital Stock is likely to drop to about 126.6 M in 2024
| 2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 135.9M | 240.1M | 215.4M | 170.5M | Total Revenue | 198.3M | 347.8M | 329.8M | 253.3M |
Homeco Daily fundamental ratios Correlations
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Homeco Daily Account Relationship Matchups
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Additional Tools for Homeco Stock Analysis
When running Homeco Daily's price analysis, check to measure Homeco Daily'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 Homeco Daily is operating at the current time. Most of Homeco Daily's value examination focuses on studying past and present price action to predict the probability of Homeco Daily's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Homeco Daily's price. Additionally, you may evaluate how the addition of Homeco Daily to your portfolios can decrease your overall portfolio volatility.