Singular Non Current Liabilities Total vs Retained Earnings Analysis

SHG Stock   0.12  0.01  9.09%   
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 Non Current Liabilities Total 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.

Non Current Liabilities Total vs Retained Earnings

Non Current Liabilities Total 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 Non Current Liabilities Total account and Retained Earnings. At this time, the significance of the direction appears to have pay attention.
The correlation between Singular Health's Non Current Liabilities Total and Retained Earnings is -0.83. Overlapping area represents the amount of variation of Non Current Liabilities Total 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 Non Current Liabilities Total 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 Non Current Liabilities Total 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 Non Current Liabilities Total i.e., Singular Health's Non Current Liabilities Total and Retained Earnings go up and down completely randomly.

Correlation Coefficient

-0.83
Relationship DirectionNegative 
Relationship StrengthSignificant

Non Current Liabilities Total

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 Amortization259.8K389.1K197.7K222.1K
Interest Income7.3K485.8K558.7K586.6K

Singular Health fundamental ratios Correlations

-0.120.540.030.910.680.47-0.79-0.61-0.30.940.63-0.450.940.720.31-0.050.570.10.94-0.20.60.780.570.310.41
-0.12-0.220.91-0.46-0.410.780.690.010.78-0.360.59-0.69-0.36-0.38-0.22-0.30.010.9-0.391.00.62-0.060.12-0.350.2
0.54-0.220.20.38-0.120.15-0.43-0.94-0.450.390.080.180.390.050.880.750.910.220.53-0.250.010.850.940.920.87
0.030.910.2-0.38-0.530.810.57-0.370.6-0.270.56-0.56-0.27-0.420.130.050.381.0-0.240.90.560.240.50.040.57
0.91-0.460.38-0.380.870.13-0.95-0.39-0.490.990.38-0.220.990.840.22-0.110.35-0.310.97-0.530.360.620.290.240.11
0.68-0.41-0.12-0.530.870.03-0.80.07-0.290.840.35-0.320.840.9-0.24-0.52-0.1-0.480.75-0.460.360.21-0.2-0.23-0.36
0.470.780.150.810.130.030.16-0.430.620.210.94-0.910.210.170.01-0.350.450.840.170.730.940.480.45-0.120.37
-0.790.69-0.430.57-0.95-0.80.160.350.71-0.92-0.09-0.08-0.92-0.75-0.3-0.08-0.30.52-0.930.75-0.06-0.53-0.25-0.36-0.1
-0.610.01-0.94-0.37-0.390.07-0.430.350.17-0.41-0.370.11-0.41-0.17-0.8-0.52-0.99-0.39-0.520.06-0.3-0.94-0.96-0.79-0.83
-0.30.78-0.450.6-0.49-0.290.620.710.17-0.480.54-0.67-0.48-0.1-0.48-0.6-0.090.59-0.560.780.56-0.2-0.21-0.6-0.26
0.94-0.360.39-0.270.990.840.21-0.92-0.41-0.480.44-0.281.00.780.25-0.10.36-0.210.99-0.430.420.640.340.260.19
0.630.590.080.560.380.350.94-0.09-0.370.540.44-0.960.440.48-0.1-0.530.390.610.370.531.00.50.33-0.220.17
-0.45-0.690.18-0.56-0.22-0.32-0.91-0.080.11-0.67-0.28-0.96-0.28-0.40.320.7-0.14-0.6-0.19-0.64-0.98-0.26-0.090.450.03
0.94-0.360.39-0.270.990.840.21-0.92-0.41-0.481.00.44-0.280.780.25-0.10.36-0.210.99-0.430.420.640.340.260.19
0.72-0.380.05-0.420.840.90.17-0.75-0.17-0.10.780.48-0.40.78-0.18-0.50.19-0.360.71-0.440.470.39-0.03-0.17-0.28
0.31-0.220.880.130.22-0.240.01-0.3-0.8-0.480.25-0.10.320.25-0.180.790.740.130.39-0.24-0.160.750.810.970.8
-0.05-0.30.750.05-0.11-0.52-0.35-0.08-0.52-0.6-0.1-0.530.7-0.1-0.50.790.480.030.06-0.28-0.580.320.620.880.73
0.570.010.910.380.35-0.10.45-0.3-0.99-0.090.360.39-0.140.360.190.740.480.410.46-0.040.310.920.930.740.79
0.10.90.221.0-0.31-0.480.840.52-0.390.59-0.210.61-0.6-0.21-0.360.130.030.41-0.180.880.60.280.530.040.57
0.94-0.390.53-0.240.970.750.17-0.93-0.52-0.560.990.37-0.190.990.710.390.060.46-0.18-0.460.340.710.470.410.33
-0.21.0-0.250.9-0.53-0.460.730.750.060.78-0.430.53-0.64-0.43-0.44-0.24-0.28-0.040.88-0.460.55-0.130.08-0.360.17
0.60.620.010.560.360.360.94-0.06-0.30.560.421.0-0.980.420.47-0.16-0.580.310.60.340.550.440.26-0.280.12
0.78-0.060.850.240.620.210.48-0.53-0.94-0.20.640.5-0.260.640.390.750.320.920.280.71-0.130.440.870.70.7
0.570.120.940.50.29-0.20.45-0.25-0.96-0.210.340.33-0.090.34-0.030.810.620.930.530.470.080.260.870.810.95
0.31-0.350.920.040.24-0.23-0.12-0.36-0.79-0.60.26-0.220.450.26-0.170.970.880.740.040.41-0.36-0.280.70.810.81
0.410.20.870.570.11-0.360.37-0.1-0.83-0.260.190.170.030.19-0.280.80.730.790.570.330.170.120.70.950.81
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Singular Health Account Relationship Matchups

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