Harrow Interest Expense vs Minority Interest Analysis
HROWL Stock | USD 25.43 0.08 0.32% |
Harrow Health financial indicator trend analysis is much more than just examining Harrow Health 8625 latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Harrow Health 8625 is a good investment. Please check the relationship between Harrow Health Interest Expense and its Minority Interest accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Harrow Health 8625. 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. For more information on how to buy Harrow Stock please use our How to buy in Harrow Stock guide.
Interest Expense vs Minority Interest
Interest Expense vs Minority Interest Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Harrow Health 8625 Interest Expense account and Minority Interest. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Harrow Health's Interest Expense and Minority Interest is 0.89. Overlapping area represents the amount of variation of Interest Expense that can explain the historical movement of Minority Interest in the same time period over historical financial statements of Harrow Health 8625, assuming nothing else is changed. The correlation between historical values of Harrow Health's Interest Expense and Minority Interest is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Interest Expense of Harrow Health 8625 are associated (or correlated) with its Minority Interest. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Minority Interest has no effect on the direction of Interest Expense i.e., Harrow Health's Interest Expense and Minority Interest go up and down completely randomly.
Correlation Coefficient | 0.89 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Interest Expense
The cost incurred by an entity for borrowed funds, including loans, bonds, or lines of credit.Minority Interest
Minority Interest is the portion of a subsidiary corporation stock that is not owned by the parent corporation. The magnitude of the minority interest in the subsidiary company is generally less than 50% of outstanding shares, otherwise the corporation would generally cease to be a subsidiary of the parent. Minority Interest can also be called non-controlling interest.All shareholders of Harrow Health 8625 whose combined shares represent less than 50% of the total outstanding shares issued by Harrow Health have a minority interest in Harrow Health.Most indicators from Harrow Health's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Harrow Health 8625 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 Harrow Health 8625. 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. For more information on how to buy Harrow Stock please use our How to buy in Harrow Stock guide.At this time, Harrow Health's Selling General Administrative is quite stable compared to the past year. Tax Provision is expected to rise to 4,830 this year, although the value of Sales General And Administrative To Revenue will most likely fall to 0.73.
2021 | 2022 | 2023 | 2024 (projected) | Total Revenue | 72.5M | 88.6M | 130.2M | 136.7M | Depreciation And Amortization | 2.4M | 3.7M | 12.3M | 13.0M |
Harrow Health fundamental ratios Correlations
Click cells to compare fundamentals
Harrow Health Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Harrow Health fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 59.1M | 57.5M | 98.3M | 157.0M | 311.8M | 327.3M | |
Other Current Liab | 2.4M | 1.7M | 4.9M | (836K) | 27.0M | 28.4M | |
Total Current Liabilities | 12.3M | 10.8M | 9.7M | 18.6M | 49.3M | 51.8M | |
Total Stockholder Equity | 27.7M | 27.2M | 11.3M | 27.2M | 70.4M | 73.9M | |
Net Debt | 16.2M | 19.4M | 35.8M | 7.9M | 116.4M | 122.2M | |
Retained Earnings | (74.0M) | (77.4M) | (95.4M) | (109.5M) | (133.9M) | (127.2M) | |
Cash | 4.7M | 4.1M | 42.2M | 96.3M | 74.1M | 77.8M | |
Cash And Short Term Investments | 29.9M | 32.6M | 50.7M | 96.3M | 82.8M | 86.9M | |
Common Stock Shares Outstanding | 26.5M | 25.9M | 26.8M | 27.5M | 32.6M | 34.2M | |
Liabilities And Stockholders Equity | 59.1M | 57.5M | 98.3M | 157.0M | 311.8M | 327.3M | |
Other Stockholder Equity | 101.7M | 104.6M | 106.7M | 136.7M | 204.2M | 214.4M | |
Total Liab | 31.7M | 30.6M | 87.4M | 130.1M | 241.8M | 253.8M | |
Total Current Assets | 36.8M | 40.1M | 60.7M | 118.3M | 139.1M | 146.0M | |
Accounts Payable | 7.4M | 3.6M | 5.2M | 18.6M | 21.4M | 22.5M | |
Non Current Liabilities Total | 19.4M | 19.8M | 77.7M | 111.5M | 192.4M | 202.0M | |
Other Current Assets | 786K | 941K | 1.3M | 22.0M | 9.0M | 9.4M | |
Property Plant And Equipment Net | 11.9M | 11.3M | 9.1M | 11.0M | 10.3M | 5.6M | |
Non Current Assets Total | 22.3M | 17.3M | 37.7M | 37.2M | 172.7M | 181.3M | |
Non Currrent Assets Other | 7.7M | 3.8M | 12.4M | 4.1K | (2.1M) | (2.0M) | |
Short Long Term Debt Total | 21.0M | 23.5M | 78.0M | 104.9M | 190.5M | 200.0M | |
Current Deferred Revenue | 57K | 66K | 16K | 113K | 75K | 71.3K | |
Short Term Debt | 2.4M | 5.1M | 560K | 723K | 806K | 765.7K | |
Accumulated Other Comprehensive Income | (2.8M) | (4.4M) | 0.0 | (409K) | (368.1K) | (386.5K) | |
Net Receivables | 2.7M | 2.7M | 4.5M | 6.4M | 36.5M | 38.3M | |
Short Term Investments | 25.2M | 28.5M | 8.5M | 5.6M | 8.7M | 10.8M | |
Inventory | 3.3M | 4.0M | 4.2M | 6.5M | 10.9M | 11.4M | |
Intangible Assets | 2.3M | 1.9M | 17.1M | 25.8M | 162.0M | 170.1M | |
Long Term Debt | 12.2M | 12.4M | 71.7M | 104.2M | 119.8M | 125.8M | |
Capital Surpluse | 101.7M | 104.6M | 106.7M | 137.1M | 157.6M | 113.7M | |
Property Plant Equipment | 11.9M | 11.3M | 3.1M | 3.5M | 3.1M | 5.7M |
Building efficient market-beating portfolios requires time, education, and a lot of computing power!
The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.
Try AI Portfolio ArchitectCheck out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Harrow Health 8625. 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. For more information on how to buy Harrow Stock please use our How to buy in Harrow Stock guide.You can also try the Equity Search module to search for actively traded equities including funds and ETFs from over 30 global markets.
Is Pharmaceuticals 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 Harrow Health. If investors know Harrow 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 Harrow Health listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Return On Equity 0.4484 |
The market value of Harrow Health 8625 is measured differently than its book value, which is the value of Harrow that is recorded on the company's balance sheet. Investors also form their own opinion of Harrow Health's value that differs from its market value or its book value, called intrinsic value, which is Harrow Health'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 Harrow Health's market value can be influenced by many factors that don't directly affect Harrow Health'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 Harrow Health's value and its price as these two are different measures arrived at by different means. Investors typically determine if Harrow Health is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Harrow Health'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.