SHF Interest Expense vs Depreciation And Amortization Analysis
SHFS Stock | USD 0.43 0.03 7.50% |
SHF Holdings financial indicator trend analysis is much more than just breaking down SHF Holdings prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether SHF Holdings is a good investment. Please check the relationship between SHF Holdings Interest Expense and its Depreciation And Amortization accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in SHF 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. For more information on how to buy SHF Stock please use our How to Invest in SHF Holdings guide.
Interest Expense vs Depreciation And Amortization
Interest Expense vs Depreciation And Amortization Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of SHF Holdings Interest Expense account and Depreciation And Amortization. At this time, the significance of the direction appears to have almost identical trend.
The correlation between SHF Holdings' Interest Expense and Depreciation And Amortization is 0.92. Overlapping area represents the amount of variation of Interest Expense that can explain the historical movement of Depreciation And Amortization in the same time period over historical financial statements of SHF Holdings, assuming nothing else is changed. The correlation between historical values of SHF Holdings' Interest Expense and Depreciation And Amortization is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Interest Expense of SHF Holdings are associated (or correlated) with its Depreciation And Amortization. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Depreciation And Amortization has no effect on the direction of Interest Expense i.e., SHF Holdings' Interest Expense and Depreciation And Amortization go up and down completely randomly.
Correlation Coefficient | 0.92 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Interest Expense
The cost incurred by an entity for borrowed funds, including loans, bonds, or lines of credit.Depreciation And Amortization
The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.Most indicators from SHF Holdings' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into SHF Holdings 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 World Market Map to better understand how to build diversified portfolios, which includes a position in SHF 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. For more information on how to buy SHF Stock please use our How to Invest in SHF Holdings guide.At this time, SHF Holdings' Selling General Administrative is comparatively stable compared to the past year. Sales General And Administrative To Revenue is likely to gain to about 359.9 K in 2024, despite the fact that Enterprise Value Over EBITDA is likely to grow to (4.03).
2021 | 2022 | 2023 | 2024 (projected) | Interest Income | 103.0K | 1.1M | 2.4M | 2.6M | Net Interest Income | 103.0K | 327.4K | 133.8K | 161.4K |
SHF Holdings fundamental ratios Correlations
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SHF Holdings Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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When running SHF Holdings' price analysis, check to measure SHF Holdings' 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 SHF Holdings is operating at the current time. Most of SHF Holdings' value examination focuses on studying past and present price action to predict the probability of SHF Holdings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move SHF Holdings' price. Additionally, you may evaluate how the addition of SHF Holdings to your portfolios can decrease your overall portfolio volatility.