HomesToLife Property Plant And Equipment Gross vs Cash Analysis
| HTLM Stock | 3.28 0.48 17.14% |
HomesToLife financial indicator trend analysis is much more than just examining HomesToLife latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether HomesToLife is a good investment. Please check the relationship between HomesToLife Property Plant And Equipment Gross and its Cash accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in HomesToLife. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis. To learn how to invest in HomesToLife Stock, please use our How to Invest in HomesToLife guide.
Property Plant And Equipment Gross vs Cash
Property Plant And Equipment Gross vs Cash Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of HomesToLife Property Plant And Equipment Gross account and Cash. At this time, the significance of the direction appears to have no relationship.
The correlation between HomesToLife's Property Plant And Equipment Gross and Cash is 0.09. Overlapping area represents the amount of variation of Property Plant And Equipment Gross that can explain the historical movement of Cash in the same time period over historical financial statements of HomesToLife, assuming nothing else is changed. The correlation between historical values of HomesToLife's Property Plant And Equipment Gross 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 Property Plant And Equipment Gross of HomesToLife 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 Property Plant And Equipment Gross i.e., HomesToLife's Property Plant And Equipment Gross and Cash go up and down completely randomly.
Correlation Coefficient | 0.09 |
| Relationship Direction | Positive |
| Relationship Strength | Insignificant |
Property Plant And Equipment Gross
Cash
Cash refers to the most liquid asset of HomesToLife, which is listed under current asset account on HomesToLife balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from HomesToLife customers. The amounts must be unrestricted with restricted cash listed in a different HomesToLife 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 HomesToLife's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into HomesToLife 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 HomesToLife. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis. To learn how to invest in HomesToLife Stock, please use our How to Invest in HomesToLife guide.As of the 26th of November 2024, Selling General Administrative is likely to drop to about 3.6 M
| 2010 | 2022 | 2023 | 2024 (projected) | Gross Profit | 4.6M | 5.1M | 4.9M | 5.4M | Total Revenue | 7.4M | 8.2M | 6.8M | 6.0M |
HomesToLife fundamental ratios Correlations
Click cells to compare fundamentals
HomesToLife Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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Try AI Portfolio ArchitectCheck out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in HomesToLife. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis. To learn how to invest in HomesToLife Stock, please use our How to Invest in HomesToLife guide.You can also try the Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.
Is 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 HomesToLife. If investors know HomesToLife 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 HomesToLife listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of HomesToLife is measured differently than its book value, which is the value of HomesToLife that is recorded on the company's balance sheet. Investors also form their own opinion of HomesToLife's value that differs from its market value or its book value, called intrinsic value, which is HomesToLife'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 HomesToLife's market value can be influenced by many factors that don't directly affect HomesToLife'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 HomesToLife's value and its price as these two are different measures arrived at by different means. Investors typically determine if HomesToLife is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, HomesToLife'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.