Horizon Short Term Debt vs Non Currrent Assets Other Analysis

HSPOW Stock   0.02  0.01  39.11%   
Horizon Space financial indicator trend analysis is much more than just examining Horizon Space Acquisition latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Horizon Space Acquisition is a good investment. Please check the relationship between Horizon Space Short Term Debt and its Non Currrent Assets Other accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Horizon Space Acquisition. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.

Short Term Debt vs Non Currrent Assets Other

Short Term Debt vs Non Currrent Assets Other Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Horizon Space Acquisition Short Term Debt account and Non Currrent Assets Other. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Horizon Space's Short Term Debt and Non Currrent Assets Other is 0.95. Overlapping area represents the amount of variation of Short Term Debt that can explain the historical movement of Non Currrent Assets Other in the same time period over historical financial statements of Horizon Space Acquisition, assuming nothing else is changed. The correlation between historical values of Horizon Space's Short Term Debt and Non Currrent Assets Other is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Term Debt of Horizon Space Acquisition are associated (or correlated) with its Non Currrent Assets Other. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Currrent Assets Other has no effect on the direction of Short Term Debt i.e., Horizon Space's Short Term Debt and Non Currrent Assets Other go up and down completely randomly.

Correlation Coefficient

0.95
Relationship DirectionPositive 
Relationship StrengthVery Strong

Short Term Debt

Non Currrent Assets Other

Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.
Most indicators from Horizon Space's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Horizon Space Acquisition 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 Horizon Space Acquisition. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.
Enterprise Value is likely to climb to about 76.2 M in 2024
 2010 2023 2024 (projected)
Other Operating Expenses137.3K560.2K383.6K
Depreciation And Amortization235.4K560.2K437.6K

Horizon Space fundamental ratios Correlations

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-0.810.97-0.821.0-1.0-1.0-0.98-0.79-0.79-0.980.96-0.95-1.0-1.00.95-0.81-0.98-0.79-1.0-0.79-0.950.95-0.95-0.95
-0.660.97-0.670.98-0.96-0.98-1.0-0.63-0.63-1.01.0-0.85-0.98-0.980.86-0.66-1.0-0.63-0.98-0.63-0.851.0-0.85-0.85
1.0-0.82-0.67-0.820.860.820.691.01.00.69-0.630.960.820.82-0.961.00.691.00.811.00.96-0.610.960.96
-0.811.00.98-0.82-1.0-1.0-0.98-0.78-0.78-0.980.96-0.94-1.0-1.00.95-0.81-0.98-0.78-1.0-0.78-0.940.95-0.94-0.94
0.85-1.0-0.960.86-1.01.00.960.830.830.96-0.940.961.01.0-0.970.850.960.831.00.830.96-0.930.960.96
0.81-1.0-0.980.82-1.01.00.980.780.780.98-0.960.941.01.0-0.950.810.980.781.00.780.94-0.950.940.94
0.68-0.98-1.00.69-0.980.960.980.650.651.0-1.00.860.980.98-0.870.681.00.650.980.650.86-0.990.860.86
1.0-0.79-0.631.0-0.780.830.780.651.00.65-0.580.950.790.78-0.941.00.651.00.781.00.95-0.560.950.95
1.0-0.79-0.631.0-0.780.830.780.651.00.65-0.590.950.790.78-0.941.00.651.00.781.00.95-0.560.950.95
0.68-0.98-1.00.69-0.980.960.981.00.650.65-1.00.860.980.98-0.870.681.00.650.980.650.86-0.990.860.86
-0.610.961.0-0.630.96-0.94-0.96-1.0-0.58-0.59-1.0-0.81-0.96-0.960.83-0.61-1.0-0.59-0.96-0.58-0.811.0-0.81-0.81
0.96-0.95-0.850.96-0.940.960.940.860.950.950.86-0.810.940.94-1.00.960.860.950.940.951.0-0.81.01.0
0.81-1.0-0.980.82-1.01.01.00.980.790.790.98-0.960.941.0-0.950.810.980.791.00.790.94-0.950.940.94
0.81-1.0-0.980.82-1.01.01.00.980.780.780.98-0.960.941.0-0.950.810.980.781.00.780.94-0.950.940.94
-0.950.950.86-0.960.95-0.97-0.95-0.87-0.94-0.94-0.870.83-1.0-0.95-0.95-0.95-0.88-0.94-0.95-0.94-1.00.82-1.0-1.0
1.0-0.81-0.661.0-0.810.850.810.681.01.00.68-0.610.960.810.81-0.950.681.00.81.00.96-0.590.960.96
0.68-0.98-1.00.69-0.980.960.981.00.650.651.0-1.00.860.980.98-0.880.680.650.980.650.86-0.990.860.86
1.0-0.79-0.631.0-0.780.830.780.651.01.00.65-0.590.950.790.78-0.941.00.650.781.00.95-0.560.950.95
0.8-1.0-0.980.81-1.01.01.00.980.780.780.98-0.960.941.01.0-0.950.80.980.780.780.94-0.960.940.94
1.0-0.79-0.631.0-0.780.830.780.651.01.00.65-0.580.950.790.78-0.941.00.651.00.780.95-0.560.950.95
0.96-0.95-0.850.96-0.940.960.940.860.950.950.86-0.811.00.940.94-1.00.960.860.950.940.95-0.81.01.0
-0.590.951.0-0.610.95-0.93-0.95-0.99-0.56-0.56-0.991.0-0.8-0.95-0.950.82-0.59-0.99-0.56-0.96-0.56-0.8-0.8-0.8
0.96-0.95-0.850.96-0.940.960.940.860.950.950.86-0.811.00.940.94-1.00.960.860.950.940.951.0-0.81.0
0.96-0.95-0.850.96-0.940.960.940.860.950.950.86-0.811.00.940.94-1.00.960.860.950.940.951.0-0.81.0
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Horizon Space Account Relationship Matchups

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When running Horizon Space's price analysis, check to measure Horizon Space'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 Horizon Space is operating at the current time. Most of Horizon Space's value examination focuses on studying past and present price action to predict the probability of Horizon Space's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Horizon Space's price. Additionally, you may evaluate how the addition of Horizon Space to your portfolios can decrease your overall portfolio volatility.