Fidelis Short Term Debt vs Short Term Investments Analysis
FIHL Stock | 15.73 0.05 0.32% |
Fidelis Insurance financial indicator trend analysis is much more than just examining Fidelis Insurance latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Fidelis Insurance is a good investment. Please check the relationship between Fidelis Insurance Short Term Debt and its Short Term Investments accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Fidelis Insurance Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate.
Short Term Debt vs Short Term Investments
Short Term Debt vs Short Term Investments Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Fidelis Insurance Short Term Debt account and Short Term Investments. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Fidelis Insurance's Short Term Debt and Short Term Investments is 0.87. Overlapping area represents the amount of variation of Short Term Debt that can explain the historical movement of Short Term Investments in the same time period over historical financial statements of Fidelis Insurance Holdings, assuming nothing else is changed. The correlation between historical values of Fidelis Insurance's Short Term Debt and Short Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Term Debt of Fidelis Insurance Holdings are associated (or correlated) with its Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Term Investments has no effect on the direction of Short Term Debt i.e., Fidelis Insurance's Short Term Debt and Short Term Investments go up and down completely randomly.
Correlation Coefficient | 0.87 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Short Term Debt
Short Term Investments
Short Term Investments is an item under the current assets section of Fidelis Insurance balance sheet. It contains any investments Fidelis Insurance Holdings undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that Fidelis Insurance can easily liquidate in the marketplace.Most indicators from Fidelis Insurance's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Fidelis Insurance 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 Fidelis Insurance Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate. At this time, Fidelis Insurance's Tax Provision is quite stable compared to the past year. Enterprise Value Over EBITDA is expected to rise to 3,496 this year, although the value of Issuance Of Capital Stock will most likely fall to about 84.9 M.
2021 | 2022 | 2023 | 2024 (projected) | Depreciation And Amortization | 4.5M | 3.9M | 300K | 285K | Interest Income | 24M | 44M | 123.5M | 129.7M |
Fidelis Insurance fundamental ratios Correlations
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Fidelis Insurance Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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Additional Information and Resources on Investing in Fidelis Stock
When determining whether Fidelis Insurance is a strong investment it is important to analyze Fidelis Insurance'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 Fidelis Insurance's future performance. For an informed investment choice regarding Fidelis Stock, refer to the following important reports:Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Fidelis Insurance Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate. You can also try the Price Transformation module to use Price Transformation models to analyze the depth of different equity instruments across global markets.
Is Property & Casualty Insurance 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 Fidelis Insurance. If investors know Fidelis 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 Fidelis Insurance 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 (0.96) | Dividend Share 0.1 | Earnings Share 4.11 | Revenue Per Share 17.791 | Quarterly Revenue Growth (0.75) |
The market value of Fidelis Insurance is measured differently than its book value, which is the value of Fidelis that is recorded on the company's balance sheet. Investors also form their own opinion of Fidelis Insurance's value that differs from its market value or its book value, called intrinsic value, which is Fidelis Insurance'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 Fidelis Insurance's market value can be influenced by many factors that don't directly affect Fidelis Insurance'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 Fidelis Insurance's value and its price as these two are different measures arrived at by different means. Investors typically determine if Fidelis Insurance is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Fidelis Insurance'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.