SHF Total Assets vs Cash Analysis
SHFS Stock | USD 0.42 0.01 2.33% |
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 Total Assets and its Cash 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.
Total Assets vs Cash
Total Assets vs Cash Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of SHF Holdings Total Assets account and Cash. At this time, the significance of the direction appears to have very strong relationship.
The correlation between SHF Holdings' Total Assets and Cash is 0.89. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Cash 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' Total Assets 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 Total Assets of SHF Holdings 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 Total Assets i.e., SHF Holdings' Total Assets and Cash go up and down completely randomly.
Correlation Coefficient | 0.89 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Total Assets
Total assets refers to the total amount of SHF 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 SHF 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.Cash
Cash refers to the most liquid asset of SHF Holdings, which is listed under current asset account on SHF Holdings balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from SHF Holdings customers. The amounts must be unrestricted with restricted cash listed in a different SHF 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 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 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
Thematic Opportunities
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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.