Shyft Cash And Short Term Investments from 2010 to 2024

SHYF Stock  USD 12.64  0.12  0.94%   
Shyft's Cash And Short Term Investments are decreasing over the last several years with stable swings. Cash And Short Term Investments are estimated to finish at about 14.9 M this year. Cash And Short Term Investments is 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. View All Fundamentals
 
Cash And Short Term Investments  
First Reported
1985-12-31
Previous Quarter
10 M
Current Value
13.3 M
Quarterly Volatility
11.9 M
 
Black Monday
 
Oil Shock
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Shyft financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Shyft's main balance sheet or income statement drivers, such as Depreciation And Amortization of 17.8 M, Interest Expense of 6.2 M or Total Revenue of 915.8 M, as well as many indicators such as Price To Sales Ratio of 0.72, Dividend Yield of 0.0107 or PTB Ratio of 2.74. Shyft financial statements analysis is a perfect complement when working with Shyft Valuation or Volatility modules.
  
Check out the analysis of Shyft Correlation against competitors.

Latest Shyft's Cash And Short Term Investments Growth Pattern

Below is the plot of the Cash And Short Term Investments of Shyft Group over the last few years. Short Term Investments is an account in the current assets section of Shyft Group balance sheet. This account contains Shyft investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Shyft Group fairly quickly. It is 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. Shyft's Cash And Short Term Investments historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Shyft's overall financial position and show how it may be relating to other accounts over time.
Cash And Short Term Investments10 Years Trend
Pretty Stable
   Cash And Short Term Investments   
       Timeline  

Shyft Cash And Short Term Investments Regression Statistics

Arithmetic Mean23,506,478
Geometric Mean17,524,265
Coefficient Of Variation45.05
Mean Deviation8,768,557
Median27,439,000
Standard Deviation10,589,563
Sample Variance112.1T
Range36.9M
R-Value(0.16)
Mean Square Error117.6T
R-Squared0.03
Significance0.56
Slope(383,778)
Total Sum of Squares1569.9T

Shyft Cash And Short Term Investments History

202414.9 M
202310 M
202211.5 M
202137.2 M
202021 M
201919.3 M
201827.4 M

About Shyft Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Shyft income statement, its balance sheet, and the statement of cash flows. Shyft investors use historical funamental indicators, such as Shyft's Cash And Short Term Investments, to determine how well the company is positioned to perform in the future. Although Shyft investors may use each financial statement separately, they are all related. The changes in Shyft's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Shyft's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Shyft Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Shyft. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Cash And Short Term Investments10 M14.9 M

Currently Active Assets on Macroaxis

Additional Information and Resources on Investing in Shyft Stock

When determining whether Shyft Group is a strong investment it is important to analyze Shyft's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Shyft's future performance. For an informed investment choice regarding Shyft Stock, refer to the following important reports:
Check out the analysis of Shyft Correlation against competitors.
You can also try the Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.
Is Industrial Machinery & Supplies & Components space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Shyft. If investors know Shyft will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Shyft listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.73)
Dividend Share
0.2
Revenue Per Share
23.936
Quarterly Revenue Growth
(0.19)
Return On Assets
0.0013
The market value of Shyft Group is measured differently than its book value, which is the value of Shyft that is recorded on the company's balance sheet. Investors also form their own opinion of Shyft's value that differs from its market value or its book value, called intrinsic value, which is Shyft's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Shyft's market value can be influenced by many factors that don't directly affect Shyft's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Shyft's value and its price as these two are different measures arrived at by different means. Investors typically determine if Shyft is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Shyft's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.