HROW Stock | | | USD 38.08 1.94 4.85% |
Harrow Health financial indicator trend analysis is much more than just examining Harrow Health latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Harrow Health is a good investment. Please check the relationship between Harrow Health Long Term Debt Total and its Total Current Assets accounts. Check out
Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Harrow Health. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in persons.
For more information on how to buy Harrow Stock please use our
How to Invest in Harrow Health guide.
Long Term Debt Total vs Total Current Assets
Long Term Debt Total vs Total Current Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Harrow Health Long Term Debt Total account and
Total Current Assets. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Harrow Health's Long Term Debt Total and Total Current Assets is 0.97. Overlapping area represents the amount of variation of Long Term Debt Total that can explain the historical movement of Total Current Assets in the same time period over historical financial statements of Harrow Health, assuming nothing else is changed. The correlation between historical values of Harrow Health's Long Term Debt Total and Total 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 Long Term Debt Total of Harrow Health are associated (or correlated) with its Total Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Assets has no effect on the direction of Long Term Debt Total i.e., Harrow Health's Long Term Debt Total and Total Current Assets go up and down completely randomly.
Correlation Coefficient | 0.97 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Long Term Debt Total
Total Current Assets
The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.
Most indicators from Harrow Health's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Harrow Health 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 Harrow Health. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in persons.
For more information on how to buy Harrow Stock please use our
How to Invest in Harrow Health guide.At this time, Harrow Health's
Selling General Administrative is fairly stable compared to the past year.
Tax Provision is likely to climb to about 736
K in 2024, whereas
Sales General And Administrative To Revenue is likely to drop 0.73 in 2024.
Harrow Health fundamental ratios Correlations
Click cells to compare fundamentals
Harrow Health Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Harrow Health fundamental ratios Accounts
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Additional Tools for Harrow Stock Analysis
When running Harrow Health's price analysis, check to
measure Harrow Health'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 Harrow Health is operating at the current time. Most of Harrow Health's value examination focuses on studying past and present price action to
predict the probability of Harrow Health's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Harrow Health's price. Additionally, you may evaluate how the addition of Harrow Health to your portfolios can decrease your overall portfolio volatility.