Interactive Cash vs Other Assets Analysis
Interactive Health financial indicator trend analysis is infinitely more than just investigating Interactive Health recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Interactive Health is a good investment. Please check the relationship between Interactive Health Cash and its Other Assets accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Interactive Health Network. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
Cash vs Other Assets
Cash vs Other Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Interactive Health Cash account and Other Assets. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Interactive Health's Cash and Other Assets is -0.01. Overlapping area represents the amount of variation of Cash that can explain the historical movement of Other Assets in the same time period over historical financial statements of Interactive Health Network, assuming nothing else is changed. The correlation between historical values of Interactive Health's Cash and Other Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash of Interactive Health Network are associated (or correlated) with its Other Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Assets has no effect on the direction of Cash i.e., Interactive Health's Cash and Other Assets go up and down completely randomly.
Correlation Coefficient | -0.01 |
| Relationship Direction | Negative |
| Relationship Strength | Insignificant |
Cash
Cash refers to the most liquid asset of Interactive Health, which is listed under current asset account on Interactive Health Network balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Interactive Health customers. The amounts must be unrestricted with restricted cash listed in a different Interactive Health 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.Other Assets
Most indicators from Interactive Health's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Interactive Health 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 Interactive Health Network. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. At this time, Interactive Health's Selling General Administrative is fairly stable compared to the past year. Sales General And Administrative To Revenue is likely to climb to 1.43 in 2024, despite the fact that Enterprise Value Over EBITDA is likely to grow to (33.49).
| 2012 | 2013 | 2023 | 2024 (projected) | Gross Profit | 33.5K | 58.7K | 52.8K | 50.2K | Total Revenue | 158.5K | 316.0K | 284.4K | 346.3K |
Interactive Health fundamental ratios Correlations
Click cells to compare fundamentals
Interactive Health Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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When running Interactive Health's price analysis, check to measure Interactive Health'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 Interactive Health is operating at the current time. Most of Interactive Health's value examination focuses on studying past and present price action to predict the probability of Interactive Health's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Interactive Health's price. Additionally, you may evaluate how the addition of Interactive Health to your portfolios can decrease your overall portfolio volatility.