Herald Change In Cash vs Change To Operating Activities Analysis

HRI Stock   2,370  15.00  0.64%   
Herald Investment financial indicator trend analysis is much more than just examining Herald Investment Trust latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Herald Investment Trust is a good investment. Please check the relationship between Herald Investment Change In Cash and its Change To Operating Activities accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Herald Investment Trust. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.

Change In Cash vs Change To Operating Activities

Change In Cash vs Change To Operating Activities Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Herald Investment Trust Change In Cash account and Change To Operating Activities. At this time, the significance of the direction appears to have no relationship.
The correlation between Herald Investment's Change In Cash and Change To Operating Activities is 0.0. Overlapping area represents the amount of variation of Change In Cash that can explain the historical movement of Change To Operating Activities in the same time period over historical financial statements of Herald Investment Trust, assuming nothing else is changed. The correlation between historical values of Herald Investment's Change In Cash and Change To Operating Activities is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Change In Cash of Herald Investment Trust are associated (or correlated) with its Change To Operating Activities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Change To Operating Activities has no effect on the direction of Change In Cash i.e., Herald Investment's Change In Cash and Change To Operating Activities go up and down completely randomly.

Correlation Coefficient

0.0
Relationship DirectionFlat 
Relationship StrengthInsignificant

Change In Cash

Change To Operating Activities

Most indicators from Herald Investment's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Herald Investment Trust 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 Herald Investment Trust. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
The current year's Selling General Administrative is expected to grow to about 14 M, whereas Tax Provision is forecasted to decline to about 399.6 K.
 2023 2024 (projected)
Tax Provision559K399.6K
Non Recurring34.2M28.7M

Herald Investment fundamental ratios Correlations

0.09-0.270.2-0.15-0.140.44-0.951.0-0.61-0.63-0.17-0.060.13-1.0-0.57-0.34-0.21.0-0.140.0-0.130.23-0.17-0.220.22
0.09-0.610.83-0.360.670.730.00.08-0.78-0.78-0.5-0.811.0-0.1-0.78-0.76-0.570.090.630.00.570.59-0.48-0.080.08
-0.27-0.61-0.350.56-0.49-0.830.25-0.260.650.640.720.7-0.560.270.60.850.6-0.27-0.61-0.24-0.61-0.330.23-0.30.3
0.20.83-0.35-0.320.440.46-0.180.19-0.61-0.65-0.33-0.550.85-0.2-0.62-0.55-0.410.20.42-0.170.350.49-0.37-0.480.48
-0.15-0.360.56-0.32-0.23-0.380.14-0.150.370.360.70.41-0.340.150.340.590.67-0.15-0.28-0.04-0.26-0.670.66-0.080.08
-0.140.67-0.490.44-0.230.640.14-0.15-0.55-0.53-0.41-0.920.630.14-0.6-0.55-0.55-0.140.970.330.950.55-0.480.32-0.32
0.440.73-0.830.46-0.380.64-0.410.43-0.89-0.89-0.51-0.820.72-0.44-0.89-0.85-0.60.440.630.250.630.58-0.490.29-0.3
-0.950.00.25-0.180.140.14-0.41-0.950.530.570.120.05-0.050.930.50.320.19-0.950.120.010.11-0.210.160.2-0.21
1.00.08-0.260.19-0.15-0.150.43-0.95-0.61-0.62-0.16-0.050.12-1.0-0.56-0.33-0.21.0-0.150.0-0.130.22-0.16-0.220.22
-0.61-0.780.65-0.610.37-0.55-0.890.53-0.610.990.50.76-0.790.620.980.830.62-0.61-0.5-0.02-0.45-0.660.550.05-0.05
-0.63-0.780.64-0.650.36-0.53-0.890.57-0.620.990.480.75-0.790.630.990.840.61-0.63-0.480.0-0.43-0.670.560.07-0.07
-0.17-0.50.72-0.330.7-0.41-0.510.12-0.160.50.480.63-0.460.170.490.80.92-0.17-0.45-0.13-0.44-0.540.51-0.180.18
-0.06-0.810.7-0.550.41-0.92-0.820.05-0.050.760.750.63-0.770.060.790.830.74-0.06-0.9-0.17-0.85-0.680.59-0.240.24
0.131.0-0.560.85-0.340.630.72-0.050.12-0.79-0.79-0.46-0.77-0.14-0.8-0.74-0.550.130.58-0.040.510.6-0.5-0.140.13
-1.0-0.10.27-0.20.150.14-0.440.93-1.00.620.630.170.06-0.140.570.340.2-1.00.140.00.13-0.230.170.22-0.22
-0.57-0.780.6-0.620.34-0.6-0.890.5-0.560.980.990.490.79-0.80.570.820.65-0.57-0.52-0.04-0.48-0.730.630.00.0
-0.34-0.760.85-0.550.59-0.55-0.850.32-0.330.830.840.80.83-0.740.340.820.81-0.34-0.570.08-0.5-0.640.54-0.060.06
-0.2-0.570.6-0.410.67-0.55-0.60.19-0.20.620.610.920.74-0.550.20.650.81-0.2-0.5-0.14-0.49-0.780.76-0.210.21
1.00.09-0.270.2-0.15-0.140.44-0.951.0-0.61-0.63-0.17-0.060.13-1.0-0.57-0.34-0.2-0.140.0-0.130.22-0.17-0.220.22
-0.140.63-0.610.42-0.280.970.630.12-0.15-0.5-0.48-0.45-0.90.580.14-0.52-0.57-0.5-0.140.340.980.42-0.340.31-0.32
0.00.0-0.24-0.17-0.040.330.250.010.0-0.020.0-0.13-0.17-0.040.0-0.040.08-0.140.00.340.520.07-0.110.74-0.73
-0.130.57-0.610.35-0.260.950.630.11-0.13-0.45-0.43-0.44-0.850.510.13-0.48-0.5-0.49-0.130.980.520.39-0.330.44-0.44
0.230.59-0.330.49-0.670.550.58-0.210.22-0.66-0.67-0.54-0.680.6-0.23-0.73-0.64-0.780.220.420.070.39-0.990.11-0.11
-0.17-0.480.23-0.370.66-0.48-0.490.16-0.160.550.560.510.59-0.50.170.630.540.76-0.17-0.34-0.11-0.33-0.99-0.160.16
-0.22-0.08-0.3-0.48-0.080.320.290.2-0.220.050.07-0.18-0.24-0.140.220.0-0.06-0.21-0.220.310.740.440.11-0.16-1.0
0.220.080.30.480.08-0.32-0.3-0.210.22-0.05-0.070.180.240.13-0.220.00.060.210.22-0.32-0.73-0.44-0.110.16-1.0
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Herald Investment Account Relationship Matchups

Herald Investment fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.1B1.5B1.8B1.3B91.2B95.8B
Total Stockholder Equity1.1B1.5B1.8B1.3B1.2B736.1M
Retained Earnings452.8M742.4M884.8M373.4M382.9M402.0M
Cash88.8M72.9M74.6M80.4M42.3M43.2M
Total Liab961K1.2M1.6M1.5M90.0B94.5B
Common Stock16.8M16.4M16.2M15.5M14.0M15.4M
Common Stock Shares Outstanding69.5M68.1M66.6M65.0M59.3M61.9M
Net Debt(88.8M)(72.9M)(74.6M)(80.4M)(42.3M)(40.2M)
Non Current Assets Total1.0B1.4B1.7B1.2B1.2B777.1M
Non Currrent Assets Other(1.0B)(1.4B)(1.7B)(1.2B)(90B)(85.5B)
Common Stock Total Equity17.6M17.2M16.8M16.4M14.8M15.7M
Liabilities And Stockholders Equity1.1B1.5B1.8B1.3B91.2B95.8B
Non Current Liabilities Total961K1.2M1.6M1.5M1.2M1.1M
Other Assets67K1.5B101K1.3B90B94.5B
Cash And Short Term Investments88.8M72.9M74.6M80.4M42.3M48.8M
Net Receivables2.0M1.5M4.4M1.3M3.9M3.2M
Total Current Assets90.8M74.4M78.9M81.8M46.3M52.0M
Other Current Liab961K1.2M1.2M1.5M1.2M1.2M
Total Current Liabilities961K1.2M1.6M1.5M1.2M1.1M
Inventory1.0(1.5M)(4.4M)(1.3M)(4.0M)(3.8M)
Other Current Assets597.0K80K4.4M1.3M4.0M4.2M
Accumulated Other Comprehensive Income579.5M670.8M786.2M842.4M775.1M710.8M
Net Tangible Assets1.1B1.5B1.8B1.3B1.5B1.2B
Long Term Investments1.0B1.4B1.7B1.2B91.2B95.8B
Capital Stock16.8M16.4M16.2M15.5M14.0M12.8M

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Other Information on Investing in Herald Stock

Balance Sheet is a snapshot of the financial position of Herald Investment Trust at a specified time, usually calculated after every quarter, six months, or one year. Herald Investment Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Herald Investment and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Herald currently owns. An asset can also be divided into two categories, current and non-current.