SHF Net Income Per Share vs Payables Turnover Analysis

SHFS Stock  USD 0.38  0.02  3.83%   
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 Net Income Per Share and its Payables Turnover 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.

Net Income Per Share vs Payables Turnover

Net Income Per Share vs Payables Turnover Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of SHF Holdings Net Income Per Share account and Payables Turnover. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between SHF Holdings' Net Income Per Share and Payables Turnover is -0.32. Overlapping area represents the amount of variation of Net Income Per Share that can explain the historical movement of Payables Turnover 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' Net Income Per Share and Payables Turnover is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Income Per Share of SHF Holdings are associated (or correlated) with its Payables Turnover. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Payables Turnover has no effect on the direction of Net Income Per Share i.e., SHF Holdings' Net Income Per Share and Payables Turnover go up and down completely randomly.

Correlation Coefficient

-0.32
Relationship DirectionNegative 
Relationship StrengthInsignificant

Net Income Per Share

Payables Turnover

A liquidity ratio that shows how quickly a company pays off its suppliers by dividing total purchases by average accounts payable.
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.Enterprise Value is likely to gain to about 140.9 M in 2024, whereas Selling General Administrative is likely to drop slightly above 6.1 M in 2024.
 2021 2022 2023 2024 (projected)
Interest Income103.0K1.1M2.4M2.6M
Net Interest Income103.0K327.4K133.8K161.4K

SHF Holdings fundamental ratios Correlations

-0.630.870.57-0.960.990.320.360.760.891.0-0.510.710.890.910.550.990.810.970.980.95-0.870.92-0.83-0.990.79
-0.63-0.930.270.43-0.54-0.940.47-0.98-0.67-0.62-0.33-0.99-0.67-0.280.25-0.73-0.08-0.79-0.47-0.570.35-0.30.10.59-0.04
0.87-0.930.12-0.740.810.73-0.110.980.860.87-0.040.960.850.60.090.930.450.960.760.82-0.650.64-0.46-0.850.42
0.570.270.12-0.750.64-0.590.96-0.090.440.57-1.0-0.160.440.790.890.460.940.380.680.59-0.710.84-0.93-0.620.95
-0.960.43-0.74-0.75-0.97-0.08-0.59-0.58-0.81-0.960.69-0.52-0.81-0.93-0.66-0.93-0.93-0.89-0.97-0.910.95-0.990.940.98-0.92
0.99-0.540.810.64-0.970.210.460.670.840.99-0.590.620.840.950.650.960.860.931.00.93-0.890.94-0.87-0.970.84
0.32-0.940.73-0.59-0.080.21-0.750.860.420.310.640.890.42-0.06-0.550.44-0.270.520.140.27-0.02-0.060.26-0.27-0.31
0.360.47-0.110.96-0.590.46-0.75-0.310.160.38-0.96-0.380.160.630.830.250.830.170.510.34-0.630.69-0.82-0.430.85
0.76-0.980.98-0.09-0.580.670.86-0.310.770.750.161.00.770.43-0.10.840.260.880.610.7-0.50.46-0.27-0.720.22
0.89-0.670.860.44-0.810.840.420.160.770.87-0.380.741.00.750.370.90.670.910.810.97-0.610.79-0.67-0.890.64
1.0-0.620.870.57-0.960.990.310.380.750.87-0.520.70.870.910.560.990.820.960.980.94-0.880.92-0.83-0.990.8
-0.51-0.33-0.04-1.00.69-0.590.64-0.960.16-0.38-0.520.23-0.38-0.77-0.92-0.4-0.91-0.32-0.65-0.550.65-0.790.90.56-0.92
0.71-0.990.96-0.16-0.520.620.89-0.381.00.740.70.230.740.37-0.160.790.190.850.550.65-0.440.4-0.2-0.670.15
0.89-0.670.850.44-0.810.840.420.160.771.00.87-0.380.740.750.370.90.670.910.810.97-0.610.79-0.67-0.890.64
0.91-0.280.60.79-0.930.95-0.060.630.430.750.91-0.770.370.750.850.830.920.770.970.89-0.830.94-0.93-0.890.91
0.550.250.090.89-0.660.65-0.550.83-0.10.370.56-0.92-0.160.370.850.420.820.330.710.57-0.570.73-0.84-0.530.83
0.99-0.730.930.46-0.930.960.440.250.840.90.99-0.40.790.90.830.420.740.990.930.94-0.840.87-0.75-0.980.71
0.81-0.080.450.94-0.930.86-0.270.830.260.670.82-0.910.190.670.920.820.740.680.880.8-0.880.98-1.0-0.851.0
0.97-0.790.960.38-0.890.930.520.170.880.910.96-0.320.850.910.770.330.990.680.890.92-0.810.82-0.69-0.960.65
0.98-0.470.760.68-0.971.00.140.510.610.810.98-0.650.550.810.970.710.930.880.890.92-0.890.94-0.9-0.960.86
0.95-0.570.820.59-0.910.930.270.340.70.970.94-0.550.650.970.890.570.940.80.920.92-0.730.89-0.81-0.950.78
-0.870.35-0.65-0.710.95-0.89-0.02-0.63-0.5-0.61-0.880.65-0.44-0.61-0.83-0.57-0.84-0.88-0.81-0.89-0.73-0.920.890.9-0.87
0.92-0.30.640.84-0.990.94-0.060.690.460.790.92-0.790.40.790.940.730.870.980.820.940.89-0.92-0.98-0.950.97
-0.830.1-0.46-0.930.94-0.870.26-0.82-0.27-0.67-0.830.9-0.2-0.67-0.93-0.84-0.75-1.0-0.69-0.9-0.810.89-0.980.86-1.0
-0.990.59-0.85-0.620.98-0.97-0.27-0.43-0.72-0.89-0.990.56-0.67-0.89-0.89-0.53-0.98-0.85-0.96-0.96-0.950.9-0.950.86-0.83
0.79-0.040.420.95-0.920.84-0.310.850.220.640.8-0.920.150.640.910.830.711.00.650.860.78-0.870.97-1.0-0.83
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SHF Holdings Account Relationship Matchups

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Additional Tools for SHF Stock Analysis

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.