Shapeways Cash vs Other Assets Analysis
SHPW Stock | USD 0.0002 0.00 0.00% |
Shapeways Holdings, financial indicator trend analysis is much more than just breaking down Shapeways Holdings, prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Shapeways Holdings, is a good investment. Please check the relationship between Shapeways Holdings, Cash and its Other Assets accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Shapeways Holdings, Common. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey.
Cash vs Other Assets
Cash vs Other Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Shapeways Holdings, Cash account and Other Assets. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Shapeways Holdings,'s Cash and Other Assets is -0.46. Overlapping area represents the amount of variation of Cash that can explain the historical movement of Other Assets in the same time period over historical financial statements of Shapeways Holdings, Common, assuming nothing else is changed. The correlation between historical values of Shapeways Holdings,'s Cash and Other 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 Cash of Shapeways Holdings, Common are associated (or correlated) with its Other Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Assets has no effect on the direction of Cash i.e., Shapeways Holdings,'s Cash and Other Assets go up and down completely randomly.
Correlation Coefficient | -0.46 |
Relationship Direction | Negative |
Relationship Strength | Very Weak |
Cash
Cash refers to the most liquid asset of Shapeways Holdings,, which is listed under current asset account on Shapeways Holdings, Common balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Shapeways Holdings, customers. The amounts must be unrestricted with restricted cash listed in a different Shapeways Holdings, 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.Other Assets
Most indicators from Shapeways Holdings,'s fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Shapeways Holdings, 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 World Market Map to better understand how to build diversified portfolios, which includes a position in Shapeways Holdings, Common. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey. At this time, Shapeways Holdings,'s Tax Provision is fairly stable compared to the past year. Issuance Of Capital Stock is likely to climb to about 268.6 K in 2024, whereas Selling General Administrative is likely to drop slightly above 20.7 M in 2024.
2022 | 2023 | 2024 (projected) | Depreciation And Amortization | 3.8M | 1.9M | 1.8M | Interest Income | 149K | 1.0M | 1.1M |
Shapeways Holdings, fundamental ratios Correlations
Click cells to compare fundamentals
Shapeways Holdings, Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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When running Shapeways Holdings,'s price analysis, check to measure Shapeways Holdings,'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 Shapeways Holdings, is operating at the current time. Most of Shapeways Holdings,'s value examination focuses on studying past and present price action to predict the probability of Shapeways Holdings,'s future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Shapeways Holdings,'s price. Additionally, you may evaluate how the addition of Shapeways Holdings, to your portfolios can decrease your overall portfolio volatility.