Sonder Cash And Short Term Investments vs Total Assets Analysis
SONDW Stock | USD 0.01 0 20.63% |
Sonder Holdings financial indicator trend analysis is much more than just breaking down Sonder Holdings prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Sonder Holdings is a good investment. Please check the relationship between Sonder Holdings Cash And Short Term Investments and its Total Assets accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Sonder 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 unemployment. For more information on how to buy Sonder Stock please use our How to Invest in Sonder Holdings guide.
Cash And Short Term Investments vs Total Assets
Cash And Short Term Investments vs Total Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Sonder Holdings Cash And Short Term Investments account and Total Assets. At this time, the significance of the direction appears to have strong relationship.
The correlation between Sonder Holdings' Cash And Short Term Investments and Total Assets is 0.78. Overlapping area represents the amount of variation of Cash And Short Term Investments that can explain the historical movement of Total Assets in the same time period over historical financial statements of Sonder Holdings, assuming nothing else is changed. The correlation between historical values of Sonder Holdings' Cash And Short Term Investments and Total Assets 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 Sonder Holdings are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Cash And Short Term Investments i.e., Sonder Holdings' Cash And Short Term Investments and Total Assets go up and down completely randomly.
Correlation Coefficient | 0.78 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Cash And Short Term Investments
Short Term Investments is an account in the current assets section of Sonder Holdings balance sheet. This account contains Sonder Holdings investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Sonder Holdings 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.Total Assets
Total assets refers to the total amount of Sonder 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 Sonder 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.Most indicators from Sonder Holdings' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Sonder 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 Sonder 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 unemployment. For more information on how to buy Sonder Stock please use our How to Invest in Sonder Holdings guide.At this time, Sonder Holdings' Sales General And Administrative To Revenue is fairly stable compared to the past year. Enterprise Value is likely to climb to about 1.6 B in 2024, despite the fact that Tax Provision is likely to grow to (886.4 K).
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 44.1M | 21.5M | 25.4M | 21.7M | Depreciation And Amortization | 17.7M | 169.2M | 194.5M | 204.3M |
Sonder Holdings fundamental ratios Correlations
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Sonder Holdings Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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When running Sonder Holdings' price analysis, check to measure Sonder 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 Sonder Holdings is operating at the current time. Most of Sonder Holdings' value examination focuses on studying past and present price action to predict the probability of Sonder Holdings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sonder Holdings' price. Additionally, you may evaluate how the addition of Sonder Holdings to your portfolios can decrease your overall portfolio volatility.