OneMedNet Cash vs Property Plant And Equipment Net Analysis

ONMDW Stock   0.04  0.02  150.62%   
OneMedNet Corp financial indicator trend analysis is much more than just breaking down OneMedNet Corp prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether OneMedNet Corp is a good investment. Please check the relationship between OneMedNet Corp Cash and its Property Plant And Equipment Net accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in OneMedNet Corp. 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 OneMedNet Stock please use our How to Invest in OneMedNet Corp guide.

Cash vs Property Plant And Equipment Net

Cash vs Property Plant And Equipment Net Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of OneMedNet Corp Cash account and Property Plant And Equipment Net. At this time, the significance of the direction appears to have almost no relationship.
The correlation between OneMedNet Corp's Cash and Property Plant And Equipment Net is 0.14. Overlapping area represents the amount of variation of Cash that can explain the historical movement of Property Plant And Equipment Net in the same time period over historical financial statements of OneMedNet Corp, assuming nothing else is changed. The correlation between historical values of OneMedNet Corp's Cash and Property Plant And Equipment Net 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 of OneMedNet Corp are associated (or correlated) with its Property Plant And Equipment Net. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant And Equipment Net has no effect on the direction of Cash i.e., OneMedNet Corp's Cash and Property Plant And Equipment Net go up and down completely randomly.

Correlation Coefficient

0.14
Relationship DirectionPositive 
Relationship StrengthInsignificant

Cash

Cash refers to the most liquid asset of OneMedNet Corp, which is listed under current asset account on OneMedNet Corp balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from OneMedNet Corp customers. The amounts must be unrestricted with restricted cash listed in a different OneMedNet Corp account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.

Property Plant And Equipment Net

The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.
Most indicators from OneMedNet Corp's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into OneMedNet Corp 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 Your Equity Center to better understand how to build diversified portfolios, which includes a position in OneMedNet Corp. 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 OneMedNet Stock please use our How to Invest in OneMedNet Corp guide.Sales General And Administrative To Revenue is likely to climb to 5.42 in 2024, whereas Selling General Administrative is likely to drop slightly above 3.3 M in 2024.
 2023 2024 (projected)
Depreciation And Amortization28.0K22.3K
Interest Income174.2K154.8K

OneMedNet Corp fundamental ratios Correlations

0.96-0.060.68-0.70.680.540.94-0.420.580.570.68-0.230.57-0.99-0.220.10.80.530.74-0.270.720.930.930.17-0.64
0.960.050.82-0.820.820.411.0-0.580.750.380.82-0.390.38-0.97-0.38-0.050.830.720.86-0.420.850.990.870.36-0.77
-0.060.050.51-0.590.510.250.05-0.830.53-0.210.51-0.93-0.21-0.06-0.93-0.98-0.460.570.46-0.920.520.14-0.350.81-0.66
0.680.820.51-0.971.00.430.82-0.890.990.181.0-0.760.18-0.75-0.77-0.510.480.971.0-0.80.990.880.540.83-0.96
-0.7-0.82-0.59-0.97-0.98-0.41-0.830.94-0.95-0.13-0.980.83-0.130.770.830.59-0.43-0.95-0.980.86-0.99-0.88-0.49-0.81.0
0.680.820.511.0-0.980.390.83-0.890.990.141.0-0.770.14-0.74-0.78-0.510.490.981.0-0.81.00.880.530.83-0.97
0.540.410.250.43-0.410.390.35-0.30.30.890.39-0.230.89-0.59-0.23-0.090.040.230.44-0.280.410.420.510.26-0.39
0.941.00.050.82-0.830.830.35-0.590.770.310.83-0.40.31-0.95-0.39-0.060.850.740.87-0.430.850.990.850.37-0.78
-0.42-0.58-0.83-0.890.94-0.89-0.3-0.59-0.90.08-0.890.970.080.520.970.84-0.12-0.92-0.860.98-0.9-0.65-0.15-0.910.96
0.580.750.530.99-0.950.990.30.77-0.90.030.99-0.780.03-0.65-0.8-0.560.451.00.97-0.810.980.830.440.87-0.95
0.570.38-0.210.18-0.130.140.890.310.080.030.140.21.0-0.560.20.360.24-0.060.220.140.160.340.67-0.13-0.08
0.680.820.511.0-0.981.00.390.83-0.890.990.14-0.770.14-0.74-0.78-0.510.490.981.0-0.81.00.880.530.83-0.97
-0.23-0.39-0.93-0.760.83-0.77-0.23-0.40.97-0.780.2-0.770.20.341.00.940.1-0.82-0.721.0-0.78-0.470.07-0.890.88
0.570.38-0.210.18-0.130.140.890.310.080.031.00.140.2-0.560.20.360.24-0.060.220.140.160.340.67-0.13-0.08
-0.99-0.97-0.06-0.750.77-0.74-0.59-0.950.52-0.65-0.56-0.740.34-0.560.330.01-0.75-0.6-0.80.38-0.78-0.95-0.89-0.270.72
-0.22-0.38-0.93-0.770.83-0.78-0.23-0.390.97-0.80.2-0.781.00.20.330.940.1-0.83-0.731.0-0.78-0.470.07-0.910.88
0.1-0.05-0.98-0.510.59-0.51-0.09-0.060.84-0.560.36-0.510.940.360.010.940.42-0.61-0.450.92-0.52-0.140.4-0.820.66
0.80.83-0.460.48-0.430.490.040.85-0.120.450.240.490.10.24-0.750.10.420.410.540.070.490.790.87-0.04-0.36
0.530.720.570.97-0.950.980.230.74-0.921.0-0.060.98-0.82-0.06-0.6-0.83-0.610.410.95-0.840.960.790.370.89-0.95
0.740.860.461.0-0.981.00.440.87-0.860.970.221.0-0.720.22-0.8-0.73-0.450.540.95-0.761.00.920.60.78-0.96
-0.27-0.42-0.92-0.80.86-0.8-0.28-0.430.98-0.810.14-0.81.00.140.381.00.920.07-0.84-0.76-0.81-0.510.02-0.910.9
0.720.850.520.99-0.991.00.410.85-0.90.980.161.0-0.780.16-0.78-0.78-0.520.490.961.0-0.810.90.550.8-0.98
0.930.990.140.88-0.880.880.420.99-0.650.830.340.88-0.470.34-0.95-0.47-0.140.790.790.92-0.510.90.830.47-0.83
0.930.87-0.350.54-0.490.530.510.85-0.150.440.670.530.070.67-0.890.070.40.870.370.60.020.550.830.0-0.41
0.170.360.810.83-0.80.830.260.37-0.910.87-0.130.83-0.89-0.13-0.27-0.91-0.82-0.040.890.78-0.910.80.470.0-0.83
-0.64-0.77-0.66-0.961.0-0.97-0.39-0.780.96-0.95-0.08-0.970.88-0.080.720.880.66-0.36-0.95-0.960.9-0.98-0.83-0.41-0.83
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OneMedNet Corp Account Relationship Matchups

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