1847 Total Current Assets vs Net Working Capital Analysis

EFSH Stock

USD 2.58 0.08 3.20%

1847 Holdings financial indicator trend analysis is way more than just evaluating 1847 Holdings LLC prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether 1847 Holdings LLC is a good investment. Please check the relationship between 1847 Holdings Total Current Assets and its Net Working Capital accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in 1847 Holdings LLC. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state.

Total Current Assets vs Net Working Capital

Total Current Assets vs Net Working Capital Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of 1847 Holdings LLC Total Current Assets account and Net Working Capital. At this time, the significance of the direction appears to have strong contrarian relationship.

The correlation between 1847 Holdings' Total Current Assets and Net Working Capital is -0.67. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Net Working Capital in the same time period over historical financial statements of 1847 Holdings LLC, assuming nothing else is changed. The correlation between historical values of 1847 Holdings' Total Current Assets and Net Working Capital is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Current Assets of 1847 Holdings LLC are associated (or correlated) with its Net Working Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Working Capital has no effect on the direction of Total Current Assets i.e., 1847 Holdings' Total Current Assets and Net Working Capital go up and down completely randomly.

Correlation Coefficient

-0.67

Relationship Direction	Negative
Relationship Strength	Weak

View All Relationships

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.

Net Working Capital

Most indicators from 1847 Holdings' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into 1847 Holdings LLC 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in 1847 Holdings LLC. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state.

As of now, 1847 Holdings' Selling General Administrative is increasing as compared to previous years. The 1847 Holdings' current Discontinued Operations is estimated to increase to about 125 K, while Tax Provision is projected to decrease to (8.4 K).

1847 Holdings fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Non Current Assets Total	Net Receivables	Common Stock Shares Outstanding	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Short Term Debt	Common Stock	Net Tangible Assets	Cash	Cash And Short Term Investments	Property Plant And Equipment Net	Net Invested Capital	Net Working Capital	Capital Stock
Total Assets		0.97	0.69	0.87	-0.44	0.97	0.96	-0.83	0.93	0.93	0.9	0.55	0.64	0.87	0.96	0.93	0.64	0.64	-0.98	0.83	0.87	-0.57	0.94	-0.49	0.61
Short Long Term Debt Total	0.97		0.83	0.94	-0.65	0.94	1.0	-0.92	0.97	0.83	0.97	0.73	0.58	0.93	1.0	0.98	0.75	0.47	-0.95	0.7	0.76	-0.49	0.85	-0.6	0.42
Other Current Liab	0.69	0.83		0.89	-0.9	0.66	0.83	-0.97	0.85	0.41	0.93	0.97	0.34	0.93	0.85	0.9	0.79	-0.01	-0.69	0.34	0.43	-0.32	0.45	-0.7	0.11
Total Current Liabilities	0.87	0.94	0.89		-0.78	0.89	0.94	-0.92	0.99	0.66	0.96	0.82	0.69	0.9	0.96	0.97	0.92	0.36	-0.8	0.57	0.63	-0.45	0.65	-0.82	0.29
Total Stockholder Equity	-0.44	-0.65	-0.9	-0.78		-0.45	-0.66	0.79	-0.71	-0.14	-0.76	-0.96	-0.28	-0.7	-0.68	-0.73	-0.83	0.22	0.42	-0.05	-0.13	0.08	-0.16	0.77	0.27
Current Deferred Revenue	0.97	0.94	0.66	0.89	-0.45		0.93	-0.8	0.94	0.9	0.88	0.53	0.78	0.83	0.94	0.92	0.71	0.67	-0.92	0.81	0.84	-0.58	0.89	-0.6	0.61
Net Debt	0.96	1.0	0.83	0.94	-0.66	0.93		-0.92	0.97	0.82	0.97	0.74	0.58	0.93	1.0	0.98	0.75	0.45	-0.95	0.69	0.75	-0.47	0.84	-0.61	0.4
Retained Earnings	-0.83	-0.92	-0.97	-0.92	0.79	-0.8	-0.92		-0.92	-0.61	-0.97	-0.89	-0.45	-0.99	-0.93	-0.96	-0.75	-0.21	0.84	-0.54	-0.63	0.44	-0.64	0.64	-0.32
Accounts Payable	0.93	0.97	0.85	0.99	-0.71	0.94	0.97	-0.92		0.75	0.96	0.77	0.71	0.92	0.98	0.99	0.85	0.47	-0.88	0.69	0.74	-0.54	0.75	-0.73	0.41
Non Current Assets Total	0.93	0.83	0.41	0.66	-0.14	0.9	0.82	-0.61	0.75		0.71	0.24	0.63	0.68	0.81	0.74	0.42	0.78	-0.92	0.86	0.9	-0.49	0.98	-0.28	0.71
Net Receivables	0.9	0.97	0.93	0.96	-0.76	0.88	0.97	-0.97	0.96	0.71		0.83	0.53	0.97	0.98	0.98	0.81	0.31	-0.88	0.57	0.65	-0.43	0.73	-0.7	0.32
Common Stock Shares Outstanding	0.55	0.73	0.97	0.82	-0.96	0.53	0.74	-0.89	0.77	0.24	0.83		0.28	0.83	0.76	0.81	0.77	-0.14	-0.55	0.22	0.3	-0.25	0.29	-0.68	-0.06
Other Current Assets	0.64	0.58	0.34	0.69	-0.28	0.78	0.58	-0.45	0.71	0.63	0.53	0.28		0.44	0.62	0.61	0.69	0.69	-0.52	0.67	0.66	-0.5	0.53	-0.65	0.51
Other Stockholder Equity	0.87	0.93	0.93	0.9	-0.7	0.83	0.93	-0.99	0.92	0.68	0.97	0.83	0.44		0.94	0.96	0.68	0.3	-0.89	0.63	0.71	-0.53	0.72	-0.56	0.44
Total Liab	0.96	1.0	0.85	0.96	-0.68	0.94	1.0	-0.93	0.98	0.81	0.98	0.76	0.62	0.94		0.99	0.78	0.46	-0.94	0.7	0.76	-0.51	0.82	-0.64	0.42
Total Current Assets	0.93	0.98	0.9	0.97	-0.73	0.92	0.98	-0.96	0.99	0.74	0.98	0.81	0.61	0.96	0.99		0.8	0.4	-0.91	0.68	0.74	-0.52	0.76	-0.67	0.41
Short Term Debt	0.64	0.75	0.79	0.92	-0.83	0.71	0.75	-0.75	0.85	0.42	0.81	0.77	0.69	0.68	0.78	0.8		0.19	-0.52	0.31	0.36	-0.25	0.37	-0.95	0.01
Common Stock	0.64	0.47	-0.01	0.36	0.22	0.67	0.45	-0.21	0.47	0.78	0.31	-0.14	0.69	0.3	0.46	0.4	0.19		-0.57	0.83	0.8	-0.71	0.72	-0.06	0.78
Net Tangible Assets	-0.98	-0.95	-0.69	-0.8	0.42	-0.92	-0.95	0.84	-0.88	-0.92	-0.88	-0.55	-0.52	-0.89	-0.94	-0.91	-0.52	-0.57		-0.8	-0.85	0.52	-0.95	0.38	-0.6
Cash	0.83	0.7	0.34	0.57	-0.05	0.81	0.69	-0.54	0.69	0.86	0.57	0.22	0.67	0.63	0.7	0.68	0.31	0.83	-0.8		0.99	-0.78	0.83	-0.12	0.87
Cash And Short Term Investments	0.87	0.76	0.43	0.63	-0.13	0.84	0.75	-0.63	0.74	0.9	0.65	0.3	0.66	0.71	0.76	0.74	0.36	0.8	-0.85	0.99		-0.74	0.86	-0.18	0.86
Property Plant And Equipment Net	-0.57	-0.49	-0.32	-0.45	0.08	-0.58	-0.47	0.44	-0.54	-0.49	-0.43	-0.25	-0.5	-0.53	-0.51	-0.52	-0.25	-0.71	0.52	-0.78	-0.74		-0.5	0.07	-0.74
Net Invested Capital	0.94	0.85	0.45	0.65	-0.16	0.89	0.84	-0.64	0.75	0.98	0.73	0.29	0.53	0.72	0.82	0.76	0.37	0.72	-0.95	0.83	0.86	-0.5		-0.23	0.69
Net Working Capital	-0.49	-0.6	-0.7	-0.82	0.77	-0.6	-0.61	0.64	-0.73	-0.28	-0.7	-0.68	-0.65	-0.56	-0.64	-0.67	-0.95	-0.06	0.38	-0.12	-0.18	0.07	-0.23		0.09
Capital Stock	0.61	0.42	0.11	0.29	0.27	0.61	0.4	-0.32	0.41	0.71	0.32	-0.06	0.51	0.44	0.42	0.41	0.01	0.78	-0.6	0.87	0.86	-0.74	0.69	0.09

Click cells to compare fundamentals

1847 Holdings Account Relationship Matchups

1847 Holdings fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	19.2M	19.2M	47.0M	45.5M	40.7M	42.7M
Short Long Term Debt Total	13.8M	7.9M	32.4M	29.6M	38.9M	40.8M
Other Current Liab	303.7K	223.8K	193.8K	2.4M	6.8M	7.1M
Total Current Liabilities	16.7M	8.1M	12.4M	14.2M	28.1M	29.5M
Total Stockholder Equity	(4.0M)	4.1M	1.5M	2.6M	(18.7M)	(17.8M)
Current Deferred Revenue	4.2M	3.4M	6.0M	5.4M	5.5M	5.7M
Net Debt	13.6M	6.5M	31.0M	28.6M	38.1M	40.0M
Retained Earnings	(4.4M)	(13.9M)	(19.9M)	(41.9M)	(74.8M)	(71.1M)
Accounts Payable	4.0M	3.0M	4.8M	4.5M	7.5M	7.9M
Non Current Assets Total	13.5M	13.4M	35.9M	34.3M	22.0M	13.0M
Net Receivables	2.5M	930.0K	3.5M	5.3M	7.6M	8.0M
Common Stock Shares Outstanding	7.9K	9.2K	11.9K	24K	365.3K	383.6K
Liabilities And Stockholders Equity	19.2M	19.2M	47.0M	45.5M	40.7M	42.7M
Other Current Assets	1.4M	1.2M	858.5K	379.9K	1.0M	525.5K
Other Stockholder Equity	442.0K	17.0M	21.7M	44.0M	57.7M	60.6M
Total Liab	23.2M	16.0M	45.4M	42.6M	60.7M	63.7M
Total Current Assets	5.7M	5.9M	11.1M	11.2M	18.7M	19.7M
Short Term Debt	8.2M	1.4M	1.4M	1.8M	8.4M	8.8M
Common Stock	3.2K	4.4K	4.8K	4.1K	916.0	870.2
Net Tangible Assets	(4.0M)	(8.8M)	(31.1M)	(29.4M)	(26.5M)	(25.1M)
Other Liab	4.8M	1.4M	2.1M	599K	688.9K	654.4K
Cash	238.8K	1.4M	1.4M	1.1M	766.4K	696.3K
Non Currrent Assets Other	45.4K	276.6K	85.7K	82.2K	14.8B	15.5B
Other Assets	9.8M	276.6K	85.7K	82.2K	1.0	0.95
Long Term Debt	3.3M	5.8M	28.3M	24.8M	27.0M	28.3M
Cash And Short Term Investments	238.8K	1.4M	1.4M	1.4M	1.0M	764.3K
Non Current Liabilities Total	6.6M	7.9M	33.0M	28.4M	32.6M	34.2M
Capital Lease Obligations	3.2M	859.8K	3.2M	3.9M	4.8M	2.6M
Inventory	1.6M	2.3M	5.4M	4.2M	9.0M	9.4M
Property Plant And Equipment Gross	9.6M	8.0M	5.1M	5.5M	7.3M	4.3M
Short Long Term Debt	7.3M	1.2M	793.2K	914.0K	6.8M	7.1M
Intangible Assets	1.9M	3.9M	11.4M	10.0M	5.0M	3.9M
Property Plant Equipment	3.7M	3.2M	4.9M	4.7M	5.5M	3.7M
Property Plant And Equipment Net	5.9M	3.2M	4.9M	4.7M	5.7M	4.0M
Net Invested Capital	6.7M	8.2M	28.9M	25.8M	14.6M	13.8M
Net Working Capital	(10.9M)	(2.2M)	(1.3M)	(2.9M)	(9.4M)	(9.0M)
Capital Stock	3.2K	3.0M	1.7M	2.6M	431.8K	410.2K

Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards 1847 Holdings in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, 1847 Holdings' short interest history, or implied volatility extrapolated from 1847 Holdings options trading.

Pair Trading with 1847 Holdings

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if 1847 Holdings position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in 1847 Holdings will appreciate offsetting losses from the drop in the long position's value.

The ability to find closely correlated positions to 1847 Holdings could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace 1847 Holdings when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back 1847 Holdings - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling 1847 Holdings LLC to buy it.

The correlation of 1847 Holdings is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as 1847 Holdings moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if 1847 Holdings LLC moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for 1847 Holdings can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

When determining whether 1847 Holdings LLC offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of 1847 Holdings' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of 1847 Holdings Llc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on 1847 Holdings Llc Stock:

How To Invest In 1847

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Is 1847 Stock a good investment?

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What is 1847 Holdings' Net Worth?

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Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in 1847 Holdings LLC. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state.

You can also try the Price Transformation module to use Price Transformation models to analyze the depth of different equity instruments across global markets.

Complementary Tools for 1847 Stock analysis

When running 1847 Holdings' price analysis, check to measure 1847 Holdings' 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 1847 Holdings is operating at the current time. Most of 1847 Holdings' value examination focuses on studying past and present price action to predict the probability of 1847 Holdings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move 1847 Holdings' price. Additionally, you may evaluate how the addition of 1847 Holdings to your portfolios can decrease your overall portfolio volatility.

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Is 1847 Holdings' industry 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 1847 Holdings. If investors know 1847 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 1847 Holdings listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Earnings Share

(90.10)

Revenue Per Share

187.999

Quarterly Revenue Growth

0.592

Return On Assets

(0.08)

Return On Equity

(2.59)

The market value of 1847 Holdings LLC is measured differently than its book value, which is the value of 1847 that is recorded on the company's balance sheet. Investors also form their own opinion of 1847 Holdings' value that differs from its market value or its book value, called intrinsic value, which is 1847 Holdings' 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 1847 Holdings' market value can be influenced by many factors that don't directly affect 1847 Holdings' 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 1847 Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if 1847 Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, 1847 Holdings' 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.

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1847 Total Current Assets vs Net Working Capital Analysis

Total Current Assets vs Net Working Capital

Total Current Assets vs Net Working Capital Correlation Analysis

Correlation Coefficient

Total Current Assets

Net Working Capital

1847 Holdings fundamental ratios Correlations

1847 Holdings Account Relationship Matchups

High Positive Relationship

High Negative Relationship

1847 Holdings fundamental ratios Accounts

Pair Trading with 1847 Holdings

Complementary Tools for 1847 Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Net Debt	+ 1.0	Short Long Term Debt Total
Total Liab	+ 1.0	Short Long Term Debt Total
Total Liab	+ 1.0	Net Debt
Accounts Payable	+ 0.99	Total Current Liabilities
Total Current Assets	+ 0.99	Accounts Payable
Total Current Assets	+ 0.99	Total Liab

Other Stockholder Equity	- 0.99	Retained Earnings
Net Tangible Assets	- 0.98	Total Assets
Net Receivables	- 0.97	Retained Earnings
Retained Earnings	- 0.97	Other Current Liab
Total Current Assets	- 0.96	Retained Earnings
Common Stock Shares Outstanding	- 0.96	Total Stockholder Equity