OneMedNet Cash And Short Term Investments vs Cash Analysis

ONMDW Stock   0.03  0.00  0.00%   
OneMedNet Corp financial indicator trend analysis is much more than just breaking down OneMedNet Corp prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether OneMedNet Corp is a good investment. Please check the relationship between OneMedNet Corp Cash And Short Term Investments and its Cash accounts. Check out Your Equity Center to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment.

Cash And Short Term Investments vs Cash

Cash And Short Term Investments vs Cash Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of OneMedNet Corp Cash And Short Term Investments account and Cash. At this time, the significance of the direction appears to have totally related.
The correlation between OneMedNet Corp's Cash And Short Term Investments and Cash is 1.0. Overlapping area represents the amount of variation of Cash And Short Term Investments that can explain the historical movement of Cash in the same time period over historical financial statements of OneMedNet Corp, assuming nothing else is changed. The correlation between historical values of OneMedNet Corp's Cash And Short Term Investments 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 Cash And Short Term Investments of OneMedNet Corp 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 Cash And Short Term Investments i.e., OneMedNet Corp's Cash And Short Term Investments and Cash go up and down completely randomly.

Correlation Coefficient

1.0
Relationship DirectionPositive 
Relationship StrengthVery Strong

Cash And Short Term Investments

Short Term Investments is an account in the current assets section of OneMedNet Corp balance sheet. This account contains OneMedNet Corp investments that will expire within one year. These investments include stocks and bonds that can be liquidated by OneMedNet Corp fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.

Cash

Cash refers to the most liquid asset of OneMedNet Corp, which is listed under current asset account on OneMedNet Corp balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from OneMedNet Corp customers. The amounts must be unrestricted with restricted cash listed in a different OneMedNet Corp 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 OneMedNet Corp's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into OneMedNet Corp 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 Your Equity Center to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment.
Sales General And Administrative To Revenue is likely to climb to 5.42 in 2024, whereas Selling General Administrative is likely to drop slightly above 3.3 M in 2024.
 2023 2024 (projected)
Depreciation And Amortization28.0K22.3K
Interest Income174.2K154.8K

OneMedNet Corp fundamental ratios Correlations

0.96-0.060.68-0.70.680.540.94-0.420.580.570.68-0.230.57-0.99-0.220.10.80.530.74-0.270.720.930.930.17-0.64
0.960.050.82-0.820.820.411.0-0.580.750.380.82-0.390.38-0.97-0.38-0.050.830.720.86-0.420.850.990.870.36-0.77
-0.060.050.51-0.590.510.250.05-0.830.53-0.210.51-0.93-0.21-0.06-0.93-0.98-0.460.570.46-0.920.520.14-0.350.81-0.66
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-0.7-0.82-0.59-0.97-0.98-0.41-0.830.94-0.95-0.13-0.980.83-0.130.770.830.59-0.43-0.95-0.980.86-0.99-0.88-0.49-0.81.0
0.680.820.511.0-0.980.390.83-0.890.990.141.0-0.770.14-0.74-0.78-0.510.490.981.0-0.81.00.880.530.83-0.97
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0.941.00.050.82-0.830.830.35-0.590.770.310.83-0.40.31-0.95-0.39-0.060.850.740.87-0.430.850.990.850.37-0.78
-0.42-0.58-0.83-0.890.94-0.89-0.3-0.59-0.90.08-0.890.970.080.520.970.84-0.12-0.92-0.860.98-0.9-0.65-0.15-0.910.96
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0.570.38-0.210.18-0.130.140.890.310.080.030.140.21.0-0.560.20.360.24-0.060.220.140.160.340.67-0.13-0.08
0.680.820.511.0-0.981.00.390.83-0.890.990.14-0.770.14-0.74-0.78-0.510.490.981.0-0.81.00.880.530.83-0.97
-0.23-0.39-0.93-0.760.83-0.77-0.23-0.40.97-0.780.2-0.770.20.341.00.940.1-0.82-0.721.0-0.78-0.470.07-0.890.88
0.570.38-0.210.18-0.130.140.890.310.080.031.00.140.2-0.560.20.360.24-0.060.220.140.160.340.67-0.13-0.08
-0.99-0.97-0.06-0.750.77-0.74-0.59-0.950.52-0.65-0.56-0.740.34-0.560.330.01-0.75-0.6-0.80.38-0.78-0.95-0.89-0.270.72
-0.22-0.38-0.93-0.770.83-0.78-0.23-0.390.97-0.80.2-0.781.00.20.330.940.1-0.83-0.731.0-0.78-0.470.07-0.910.88
0.1-0.05-0.98-0.510.59-0.51-0.09-0.060.84-0.560.36-0.510.940.360.010.940.42-0.61-0.450.92-0.52-0.140.4-0.820.66
0.80.83-0.460.48-0.430.490.040.85-0.120.450.240.490.10.24-0.750.10.420.410.540.070.490.790.87-0.04-0.36
0.530.720.570.97-0.950.980.230.74-0.921.0-0.060.98-0.82-0.06-0.6-0.83-0.610.410.95-0.840.960.790.370.89-0.95
0.740.860.461.0-0.981.00.440.87-0.860.970.221.0-0.720.22-0.8-0.73-0.450.540.95-0.761.00.920.60.78-0.96
-0.27-0.42-0.92-0.80.86-0.8-0.28-0.430.98-0.810.14-0.81.00.140.381.00.920.07-0.84-0.76-0.81-0.510.02-0.910.9
0.720.850.520.99-0.991.00.410.85-0.90.980.161.0-0.780.16-0.78-0.78-0.520.490.961.0-0.810.90.550.8-0.98
0.930.990.140.88-0.880.880.420.99-0.650.830.340.88-0.470.34-0.95-0.47-0.140.790.790.92-0.510.90.830.47-0.83
0.930.87-0.350.54-0.490.530.510.85-0.150.440.670.530.070.67-0.890.070.40.870.370.60.020.550.830.0-0.41
0.170.360.810.83-0.80.830.260.37-0.910.87-0.130.83-0.89-0.13-0.27-0.91-0.82-0.040.890.78-0.910.80.470.0-0.83
-0.64-0.77-0.66-0.961.0-0.97-0.39-0.780.96-0.95-0.08-0.970.88-0.080.720.880.66-0.36-0.95-0.960.9-0.98-0.83-0.41-0.83
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OneMedNet Corp Account Relationship Matchups

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