Healthcare Cash And Short Term Investments vs Non Currrent Assets Other Analysis

HAIAU Stock  USD 11.21  0.00  0.00%   
Healthcare financial indicator trend analysis is much more than just examining Healthcare AI Acquisition latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Healthcare AI Acquisition is a good investment. Please check the relationship between Healthcare Cash And Short Term Investments and its Non Currrent Assets Other accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Healthcare AI Acquisition. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

Cash And Short Term Investments vs Non Currrent Assets Other

Cash And Short Term Investments vs Non Currrent Assets Other Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Healthcare AI Acquisition Cash And Short Term Investments account and Non Currrent Assets Other. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Healthcare's Cash And Short Term Investments and Non Currrent Assets Other is -0.46. Overlapping area represents the amount of variation of Cash And Short Term Investments that can explain the historical movement of Non Currrent Assets Other in the same time period over historical financial statements of Healthcare AI Acquisition, assuming nothing else is changed. The correlation between historical values of Healthcare's Cash And Short Term Investments and Non Currrent Assets Other 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 Healthcare AI Acquisition are associated (or correlated) with its Non Currrent Assets Other. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Currrent Assets Other has no effect on the direction of Cash And Short Term Investments i.e., Healthcare's Cash And Short Term Investments and Non Currrent Assets Other go up and down completely randomly.

Correlation Coefficient

-0.46
Relationship DirectionNegative 
Relationship StrengthVery Weak

Cash And Short Term Investments

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

Non Currrent Assets Other

Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.
Most indicators from Healthcare's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Healthcare AI Acquisition 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 Healthcare AI Acquisition. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
At this time, Healthcare's Enterprise Value Over EBITDA is comparatively stable compared to the past year. Enterprise Value Multiple is likely to gain to 40.66 in 2024, whereas Selling General Administrative is likely to drop slightly above 964.8 K in 2024.
 2010 2022 2023 2024 (projected)
Other Operating Expenses2.7M1.2M1.2M1.4M
Interest Expense13.4M14.0M16.1M15.1M

Healthcare fundamental ratios Correlations

0.920.70.661.0-0.86-0.910.841.00.110.840.980.920.74-0.830.911.00.480.851.00.810.970.911.01.00.94
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-0.91-1.0-0.93-0.91-0.890.99-0.99-0.910.31-0.99-0.94-1.0-0.940.99-1.0-0.89-0.77-0.99-0.91-0.98-0.98-1.0-0.91-0.91-0.86
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0.11-0.28-0.63-0.670.150.410.31-0.460.12-0.460.01-0.28-0.570.46-0.320.15-0.77-0.430.12-0.5-0.13-0.320.120.110.1
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0.921.00.920.90.9-0.99-1.00.980.92-0.280.980.940.94-0.981.00.90.760.990.920.970.991.00.920.920.87
0.740.920.990.990.71-0.97-0.940.980.74-0.570.980.820.94-0.970.950.710.850.970.740.980.880.940.740.740.65
-0.83-0.98-0.97-0.96-0.811.00.99-1.0-0.830.46-1.0-0.87-0.98-0.97-0.99-0.81-0.86-1.0-0.83-1.0-0.94-0.99-0.83-0.83-0.79
0.911.00.930.920.89-1.0-1.00.990.9-0.320.990.931.00.95-0.990.890.780.990.90.980.981.00.90.910.86
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0.480.780.90.920.44-0.83-0.770.850.47-0.770.850.50.760.85-0.860.780.440.840.470.870.660.790.470.480.55
0.850.980.970.960.83-1.0-0.991.00.85-0.431.00.890.990.97-1.00.990.830.840.851.00.950.990.850.850.8
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0.810.970.980.980.78-0.99-0.981.00.8-0.51.00.850.970.98-1.00.980.780.871.00.80.920.980.80.810.76
0.970.980.850.820.96-0.96-0.980.940.97-0.130.940.980.990.88-0.940.980.960.660.950.970.920.980.970.970.91
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1.00.920.70.671.0-0.87-0.910.841.00.110.840.980.920.74-0.830.911.00.480.851.00.810.970.911.00.94
0.940.90.630.610.94-0.82-0.860.790.940.10.790.880.870.65-0.790.860.940.550.80.940.760.910.870.940.94
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Healthcare Account Relationship Matchups

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Additional Tools for Healthcare Stock Analysis

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