Interactive Inventory vs Total Stockholder Equity 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 Inventory and its Total Stockholder Equity 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.
Inventory vs Total Stockholder Equity
Inventory vs Total Stockholder Equity Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Interactive Health Inventory account and Total Stockholder Equity. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Interactive Health's Inventory and Total Stockholder Equity is 0.13. Overlapping area represents the amount of variation of Inventory that can explain the historical movement of Total Stockholder Equity 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 Inventory and Total Stockholder Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Inventory of Interactive Health Network are associated (or correlated) with its Total Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Stockholder Equity has no effect on the direction of Inventory i.e., Interactive Health's Inventory and Total Stockholder Equity go up and down completely randomly.
Correlation Coefficient | 0.13 |
| Relationship Direction | Positive |
| Relationship Strength | Insignificant |
Inventory
Total Stockholder Equity
The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.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
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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.