GHRS Retained Earnings vs Other Current Assets Analysis

GHRS Stock  USD 8.41  0.27  3.11%   
GH Research financial indicator trend analysis is much more than just examining GH Research PLC latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether GH Research PLC is a good investment. Please check the relationship between GH Research Retained Earnings and its Other Current Assets accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in GH Research PLC. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.

Retained Earnings vs Other Current Assets

Retained Earnings vs Other Current Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of GH Research PLC Retained Earnings account and Other Current Assets. At this time, the significance of the direction appears to have pay attention.
The correlation between GH Research's Retained Earnings and Other Current Assets is -0.72. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Other Current Assets in the same time period over historical financial statements of GH Research PLC, assuming nothing else is changed. The correlation between historical values of GH Research's Retained Earnings and Other Current 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 Retained Earnings of GH Research PLC are associated (or correlated) with its Other Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Assets has no effect on the direction of Retained Earnings i.e., GH Research's Retained Earnings and Other Current Assets go up and down completely randomly.

Correlation Coefficient

-0.72
Relationship DirectionNegative 
Relationship StrengthWeak

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.

Other Current Assets

Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.
Most indicators from GH Research's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into GH Research PLC 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 Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in GH Research PLC. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
Selling General Administrative is likely to drop to about 6.2 M in 2024. Issuance Of Capital Stock is likely to drop to about 14.2 K in 2024

GH Research fundamental ratios Correlations

0.960.841.00.99-0.92-0.730.760.930.98-0.950.881.01.00.821.00.980.960.980.960.760.50.520.7-0.440.51
0.960.910.960.97-0.78-0.840.860.790.89-0.940.870.950.980.90.960.890.990.890.990.850.260.640.86-0.520.66
0.840.910.840.85-0.59-0.980.990.650.77-0.950.730.840.881.00.840.770.920.770.920.990.060.870.92-0.820.82
1.00.960.840.99-0.92-0.720.760.930.98-0.950.881.00.990.821.00.980.960.980.960.750.50.510.69-0.440.51
0.990.970.850.99-0.88-0.750.780.880.96-0.930.840.991.00.830.990.960.980.960.980.770.460.550.75-0.430.59
-0.92-0.78-0.59-0.92-0.880.42-0.48-0.99-0.960.81-0.8-0.93-0.88-0.56-0.92-0.96-0.79-0.96-0.79-0.48-0.77-0.2-0.360.19-0.18
-0.73-0.84-0.98-0.72-0.750.42-1.0-0.48-0.640.87-0.6-0.72-0.78-0.99-0.72-0.64-0.86-0.63-0.86-1.00.1-0.94-0.960.87-0.9
0.760.860.990.760.78-0.48-1.00.540.68-0.90.640.750.80.990.760.680.870.680.871.0-0.040.930.94-0.880.87
0.930.790.650.930.88-0.99-0.480.540.97-0.850.80.940.890.620.930.970.810.970.810.540.740.280.39-0.280.23
0.980.890.770.980.96-0.96-0.640.680.97-0.920.80.990.960.750.981.00.921.00.920.680.650.450.58-0.40.44
-0.95-0.94-0.95-0.95-0.930.810.87-0.9-0.85-0.92-0.83-0.95-0.95-0.94-0.95-0.92-0.95-0.91-0.95-0.9-0.34-0.71-0.780.69-0.64
0.880.870.730.880.84-0.8-0.60.640.80.8-0.830.860.870.70.880.80.80.80.80.620.250.310.61-0.290.26
1.00.950.841.00.99-0.93-0.720.750.940.99-0.950.860.990.821.00.990.960.980.960.750.530.510.68-0.440.51
1.00.980.880.991.0-0.88-0.780.80.890.96-0.950.870.990.860.990.960.980.960.980.80.430.570.76-0.480.58
0.820.91.00.820.83-0.56-0.990.990.620.75-0.940.70.820.860.820.750.910.750.910.990.040.890.92-0.840.84
1.00.960.841.00.99-0.92-0.720.760.930.98-0.950.881.00.990.820.980.960.980.960.750.50.510.69-0.440.51
0.980.890.770.980.96-0.96-0.640.680.971.0-0.920.80.990.960.750.980.921.00.920.680.650.460.58-0.40.45
0.960.990.920.960.98-0.79-0.860.870.810.92-0.950.80.960.980.910.960.920.911.00.870.330.690.85-0.570.71
0.980.890.770.980.96-0.96-0.630.680.971.0-0.910.80.980.960.750.981.00.910.910.680.660.450.57-0.40.44
0.960.990.920.960.98-0.79-0.860.870.810.92-0.950.80.960.980.910.960.921.00.910.870.330.690.85-0.570.71
0.760.850.990.750.77-0.48-1.01.00.540.68-0.90.620.750.80.990.750.680.870.680.87-0.030.940.93-0.880.88
0.50.260.060.50.46-0.770.1-0.040.740.65-0.340.250.530.430.040.50.650.330.660.33-0.03-0.18-0.20.16-0.17
0.520.640.870.510.55-0.2-0.940.930.280.45-0.710.310.510.570.890.510.460.690.450.690.94-0.180.86-0.950.95
0.70.860.920.690.75-0.36-0.960.940.390.58-0.780.610.680.760.920.690.580.850.570.850.93-0.20.86-0.720.9
-0.44-0.52-0.82-0.44-0.430.190.87-0.88-0.28-0.40.69-0.29-0.44-0.48-0.84-0.44-0.4-0.57-0.4-0.57-0.880.16-0.95-0.72-0.8
0.510.660.820.510.59-0.18-0.90.870.230.44-0.640.260.510.580.840.510.450.710.440.710.88-0.170.950.9-0.8
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GH Research Account Relationship Matchups

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Additional Tools for GHRS Stock Analysis

When running GH Research's price analysis, check to measure GH Research's 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 GH Research is operating at the current time. Most of GH Research's value examination focuses on studying past and present price action to predict the probability of GH Research's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move GH Research's price. Additionally, you may evaluate how the addition of GH Research to your portfolios can decrease your overall portfolio volatility.