Singular Cash And Short Term Investments vs Retained Earnings Analysis

SHG Stock

0.11 0.01 8.33%

Singular Health financial indicator trend analysis is much more than just breaking down Singular Health Group prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Singular Health Group is a good investment. Please check the relationship between Singular Health Cash And Short Term Investments and its Retained Earnings accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Singular Health Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Cash And Short Term Investments vs Retained Earnings

Cash And Short Term Investments vs Retained Earnings Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Singular Health Group Cash And Short Term Investments account and Retained Earnings. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between Singular Health's Cash And Short Term Investments and Retained Earnings is -0.41. Overlapping area represents the amount of variation of Cash And Short Term Investments that can explain the historical movement of Retained Earnings in the same time period over historical financial statements of Singular Health Group, assuming nothing else is changed. The correlation between historical values of Singular Health's Cash And Short Term Investments and Retained Earnings 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 Singular Health Group are associated (or correlated) with its Retained Earnings. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Retained Earnings has no effect on the direction of Cash And Short Term Investments i.e., Singular Health's Cash And Short Term Investments and Retained Earnings go up and down completely randomly.

Correlation Coefficient

-0.41

Relationship Direction	Negative
Relationship Strength	Very Weak

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Cash And Short Term Investments

Short Term Investments is an account in the current assets section of Singular Health Group balance sheet. This account contains Singular Health investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Singular Health Group 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.

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.

Most indicators from Singular Health's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Singular Health Group 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 Singular Health Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Selling General Administrative is likely to gain to about 2.9 M in 2024, whereas Issuance Of Capital Stock is likely to drop slightly above 1.3 M in 2024.

	2021	2022	2023	2024 (projected)
Depreciation And Amortization	259.8K	389.1K	197.7K	222.1K
Interest Income	7.3K	485.8K	558.7K	586.6K

Depreciation And Amortization Interest Income

Singular Health fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Net Tangible Assets	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Short Term Debt	Intangible Assets	Common Stock	Property Plant Equipment	Short Term Investments	Non Current Liabilities Total
Total Assets		-0.12	0.54	0.03	0.91	0.68	0.47	-0.79	-0.61	-0.3	0.94	0.63	-0.45	0.94	0.72	0.31	-0.05	0.57	0.1	0.94	-0.2	0.6	0.78	0.57	0.31	0.41
Short Long Term Debt Total	-0.12		-0.22	0.91	-0.46	-0.41	0.78	0.69	0.01	0.78	-0.36	0.59	-0.69	-0.36	-0.38	-0.22	-0.3	0.01	0.9	-0.39	1.0	0.62	-0.06	0.12	-0.35	0.2
Other Current Liab	0.54	-0.22		0.2	0.38	-0.12	0.15	-0.43	-0.94	-0.45	0.39	0.08	0.18	0.39	0.05	0.88	0.75	0.91	0.22	0.53	-0.25	0.01	0.85	0.94	0.92	0.87
Total Current Liabilities	0.03	0.91	0.2		-0.38	-0.53	0.81	0.57	-0.37	0.6	-0.27	0.56	-0.56	-0.27	-0.42	0.13	0.05	0.38	1.0	-0.24	0.9	0.56	0.24	0.5	0.04	0.57
Total Stockholder Equity	0.91	-0.46	0.38	-0.38		0.87	0.13	-0.95	-0.39	-0.49	0.99	0.38	-0.22	0.99	0.84	0.22	-0.11	0.35	-0.31	0.97	-0.53	0.36	0.62	0.29	0.24	0.11
Net Tangible Assets	0.68	-0.41	-0.12	-0.53	0.87		0.03	-0.8	0.07	-0.29	0.84	0.35	-0.32	0.84	0.9	-0.24	-0.52	-0.1	-0.48	0.75	-0.46	0.36	0.21	-0.2	-0.23	-0.36
Property Plant And Equipment Net	0.47	0.78	0.15	0.81	0.13	0.03		0.16	-0.43	0.62	0.21	0.94	-0.91	0.21	0.17	0.01	-0.35	0.45	0.84	0.17	0.73	0.94	0.48	0.45	-0.12	0.37
Net Debt	-0.79	0.69	-0.43	0.57	-0.95	-0.8	0.16		0.35	0.71	-0.92	-0.09	-0.08	-0.92	-0.75	-0.3	-0.08	-0.3	0.52	-0.93	0.75	-0.06	-0.53	-0.25	-0.36	-0.1
Retained Earnings	-0.61	0.01	-0.94	-0.37	-0.39	0.07	-0.43	0.35		0.17	-0.41	-0.37	0.11	-0.41	-0.17	-0.8	-0.52	-0.99	-0.39	-0.52	0.06	-0.3	-0.94	-0.96	-0.79	-0.83
Accounts Payable	-0.3	0.78	-0.45	0.6	-0.49	-0.29	0.62	0.71	0.17		-0.48	0.54	-0.67	-0.48	-0.1	-0.48	-0.6	-0.09	0.59	-0.56	0.78	0.56	-0.2	-0.21	-0.6	-0.26
Cash	0.94	-0.36	0.39	-0.27	0.99	0.84	0.21	-0.92	-0.41	-0.48		0.44	-0.28	1.0	0.78	0.25	-0.1	0.36	-0.21	0.99	-0.43	0.42	0.64	0.34	0.26	0.19
Non Current Assets Total	0.63	0.59	0.08	0.56	0.38	0.35	0.94	-0.09	-0.37	0.54	0.44		-0.96	0.44	0.48	-0.1	-0.53	0.39	0.61	0.37	0.53	1.0	0.5	0.33	-0.22	0.17
Non Currrent Assets Other	-0.45	-0.69	0.18	-0.56	-0.22	-0.32	-0.91	-0.08	0.11	-0.67	-0.28	-0.96		-0.28	-0.4	0.32	0.7	-0.14	-0.6	-0.19	-0.64	-0.98	-0.26	-0.09	0.45	0.03
Cash And Short Term Investments	0.94	-0.36	0.39	-0.27	0.99	0.84	0.21	-0.92	-0.41	-0.48	1.0	0.44	-0.28		0.78	0.25	-0.1	0.36	-0.21	0.99	-0.43	0.42	0.64	0.34	0.26	0.19
Net Receivables	0.72	-0.38	0.05	-0.42	0.84	0.9	0.17	-0.75	-0.17	-0.1	0.78	0.48	-0.4	0.78		-0.18	-0.5	0.19	-0.36	0.71	-0.44	0.47	0.39	-0.03	-0.17	-0.28
Common Stock Shares Outstanding	0.31	-0.22	0.88	0.13	0.22	-0.24	0.01	-0.3	-0.8	-0.48	0.25	-0.1	0.32	0.25	-0.18		0.79	0.74	0.13	0.39	-0.24	-0.16	0.75	0.81	0.97	0.8
Other Current Assets	-0.05	-0.3	0.75	0.05	-0.11	-0.52	-0.35	-0.08	-0.52	-0.6	-0.1	-0.53	0.7	-0.1	-0.5	0.79		0.48	0.03	0.06	-0.28	-0.58	0.32	0.62	0.88	0.73
Other Stockholder Equity	0.57	0.01	0.91	0.38	0.35	-0.1	0.45	-0.3	-0.99	-0.09	0.36	0.39	-0.14	0.36	0.19	0.74	0.48		0.41	0.46	-0.04	0.31	0.92	0.93	0.74	0.79
Total Liab	0.1	0.9	0.22	1.0	-0.31	-0.48	0.84	0.52	-0.39	0.59	-0.21	0.61	-0.6	-0.21	-0.36	0.13	0.03	0.41		-0.18	0.88	0.6	0.28	0.53	0.04	0.57
Total Current Assets	0.94	-0.39	0.53	-0.24	0.97	0.75	0.17	-0.93	-0.52	-0.56	0.99	0.37	-0.19	0.99	0.71	0.39	0.06	0.46	-0.18		-0.46	0.34	0.71	0.47	0.41	0.33
Short Term Debt	-0.2	1.0	-0.25	0.9	-0.53	-0.46	0.73	0.75	0.06	0.78	-0.43	0.53	-0.64	-0.43	-0.44	-0.24	-0.28	-0.04	0.88	-0.46		0.55	-0.13	0.08	-0.36	0.17
Intangible Assets	0.6	0.62	0.01	0.56	0.36	0.36	0.94	-0.06	-0.3	0.56	0.42	1.0	-0.98	0.42	0.47	-0.16	-0.58	0.31	0.6	0.34	0.55		0.44	0.26	-0.28	0.12
Common Stock	0.78	-0.06	0.85	0.24	0.62	0.21	0.48	-0.53	-0.94	-0.2	0.64	0.5	-0.26	0.64	0.39	0.75	0.32	0.92	0.28	0.71	-0.13	0.44		0.87	0.7	0.7
Property Plant Equipment	0.57	0.12	0.94	0.5	0.29	-0.2	0.45	-0.25	-0.96	-0.21	0.34	0.33	-0.09	0.34	-0.03	0.81	0.62	0.93	0.53	0.47	0.08	0.26	0.87		0.81	0.95
Short Term Investments	0.31	-0.35	0.92	0.04	0.24	-0.23	-0.12	-0.36	-0.79	-0.6	0.26	-0.22	0.45	0.26	-0.17	0.97	0.88	0.74	0.04	0.41	-0.36	-0.28	0.7	0.81		0.81
Non Current Liabilities Total	0.41	0.2	0.87	0.57	0.11	-0.36	0.37	-0.1	-0.83	-0.26	0.19	0.17	0.03	0.19	-0.28	0.8	0.73	0.79	0.57	0.33	0.17	0.12	0.7	0.95	0.81

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Singular Cash And Short Term Investments vs Retained Earnings Analysis

Cash And Short Term Investments vs Retained Earnings

Cash And Short Term Investments vs Retained Earnings Correlation Analysis

Correlation Coefficient

Cash And Short Term Investments

Retained Earnings

Singular Health fundamental ratios Correlations

Singular Health Account Relationship Matchups

High Positive Relationship

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Additional Tools for Singular Stock Analysis

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Short Term Debt	+ 1.0	Short Long Term Debt Total
Total Liab	+ 1.0	Total Current Liabilities
Cash And Short Term Investments	+ 1.0	Cash
Intangible Assets	+ 1.0	Non Current Assets Total
Cash	+ 0.99	Total Stockholder Equity
Cash And Short Term Investments	+ 0.99	Total Stockholder Equity

Other Stockholder Equity	- 0.99	Retained Earnings
Intangible Assets	- 0.98	Non Currrent Assets Other
Non Currrent Assets Other	- 0.96	Non Current Assets Total
Property Plant Equipment	- 0.96	Retained Earnings
Net Debt	- 0.95	Total Stockholder Equity
Common Stock	- 0.94	Retained Earnings