Onfolio Historical Balance Sheet
| ONFO Stock | USD 1.25 0.06 5.04% |
Trend analysis of Onfolio Holdings balance sheet accounts such as Total Stockholder Equity of 5 M provides information on Onfolio Holdings' total assets, liabilities, and equity, which is the actual value of Onfolio Holdings to its prevalent stockholders. By breaking down trends over time using Onfolio Holdings balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
Financial Statement Analysis is much more than just reviewing and examining Onfolio Holdings latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Onfolio Holdings is a good buy for the upcoming year.
Onfolio Holdings Inventory |
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Onfolio |
About Onfolio Balance Sheet Analysis
Balance Sheet is a snapshot of the financial position of Onfolio Holdings at a specified time, usually calculated after every quarter, six months, or one year. Onfolio Holdings Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Onfolio Holdings and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Onfolio currently owns. An asset can also be divided into two categories, current and non-current.
Onfolio Holdings Balance Sheet Chart
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Total Assets
Total assets refers to the total amount of Onfolio Holdings assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Onfolio Holdings books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.Total Current Liabilities
Total Current Liabilities is an item on Onfolio Holdings balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Onfolio Holdings are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.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.Cash
Cash refers to the most liquid asset of Onfolio Holdings, which is listed under current asset account on Onfolio Holdings balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Onfolio Holdings customers. The amounts must be unrestricted with restricted cash listed in a different Onfolio Holdings 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 accounts from Onfolio Holdings' balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Onfolio Holdings current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Onfolio Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census. To learn how to invest in Onfolio Stock, please use our How to Invest in Onfolio Holdings guide.At this time, Onfolio Holdings' Net Invested Capital is very stable compared to the past year. As of the 25th of November 2024, Long Term Investments is likely to grow to about 456.7 K, while Total Assets are likely to drop about 6.1 M.
| 2021 | 2022 | 2023 | 2024 (projected) | Other Current Liabilities | 11.1K | 229.3K | 311.4K | 327.0K | Total Assets | 3.8M | 15.8M | 6.1M | 6.1M |
Onfolio Holdings balance sheet Correlations
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Onfolio Holdings Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Pair Trading with Onfolio Holdings
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Onfolio Holdings position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Onfolio Holdings will appreciate offsetting losses from the drop in the long position's value.Moving against Onfolio Stock
| 0.7 | EVER | EverQuote Class A | PairCorr |
| 0.65 | TC | TuanChe ADR | PairCorr |
| 0.37 | IAC | IAC Inc | PairCorr |
| 0.31 | MAX | MediaAlpha | PairCorr |
The ability to find closely correlated positions to Onfolio Holdings could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Onfolio Holdings when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Onfolio Holdings - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Onfolio Holdings to buy it.
The correlation of Onfolio Holdings is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Onfolio Holdings moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Onfolio Holdings moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Onfolio Holdings can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Onfolio Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census. To learn how to invest in Onfolio Stock, please use our How to Invest in Onfolio Holdings guide.You can also try the Bollinger Bands module to use Bollinger Bands indicator to analyze target price for a given investing horizon.
Is Movies & Entertainment 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 Onfolio Holdings. If investors know Onfolio 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 Onfolio Holdings listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.60) | Revenue Per Share 1.154 | Quarterly Revenue Growth 0.318 | Return On Assets (0.17) | Return On Equity (0.92) |
The market value of Onfolio Holdings is measured differently than its book value, which is the value of Onfolio that is recorded on the company's balance sheet. Investors also form their own opinion of Onfolio Holdings' value that differs from its market value or its book value, called intrinsic value, which is Onfolio Holdings' 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 Onfolio Holdings' market value can be influenced by many factors that don't directly affect Onfolio Holdings' 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 Onfolio Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if Onfolio Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Onfolio Holdings' 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.