Guardion Net Tangible Assets vs Short Term Debt Analysis
GHSI Stock | USD 9.53 0.28 3.03% |
Guardion Health financial indicator trend analysis is much more than just examining Guardion Health Sciences latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Guardion Health Sciences is a good investment. Please check the relationship between Guardion Health Net Tangible Assets and its Short Term Debt accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Guardion Health Sciences. 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.
Net Tangible Assets vs Short Term Debt
Net Tangible Assets vs Short Term Debt Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Guardion Health Sciences Net Tangible Assets account and Short Term Debt. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Guardion Health's Net Tangible Assets and Short Term Debt is -0.63. Overlapping area represents the amount of variation of Net Tangible Assets that can explain the historical movement of Short Term Debt in the same time period over historical financial statements of Guardion Health Sciences, assuming nothing else is changed. The correlation between historical values of Guardion Health's Net Tangible Assets and Short Term Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Tangible Assets of Guardion Health Sciences are associated (or correlated) with its Short Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Term Debt has no effect on the direction of Net Tangible Assets i.e., Guardion Health's Net Tangible Assets and Short Term Debt go up and down completely randomly.
Correlation Coefficient | -0.63 |
Relationship Direction | Negative |
Relationship Strength | Weak |
Net Tangible Assets
The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.Short Term Debt
Most indicators from Guardion Health's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Guardion Health Sciences 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 Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Guardion Health Sciences. 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. The current Selling General Administrative is estimated to decrease to about 6.8 M. The current Issuance Of Capital Stock is estimated to decrease to about 4.1 M
Guardion Health fundamental ratios Correlations
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Guardion Health Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Guardion Health fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 12.9M | 9.9M | 23.5M | 21.7M | 11.9M | 10.1M | |
Total Current Liabilities | 410.2K | 1.1M | 1.2M | 4.0M | 1.3M | 1.3M | |
Cash And Short Term Investments | 11.1M | 8.5M | 9.1M | 10.7M | 6.4M | 5.6M | |
Net Receivables | 78.3K | 11.2K | 1.4M | 1.9M | 2.3M | 2.4M | |
Common Stock Shares Outstanding | 121.6K | 47.5K | 473.8K | 1.1M | 1.3M | 1.5M | |
Inventory | 310.9K | 385.0K | 367.7K | 3.1M | 2.7M | 2.8M | |
Other Stockholder Equity | 57.5M | 62.6M | 101.1M | 101.6M | 101.7M | 58.7M | |
Total Liab | 845.0K | 1.3M | 1.2M | 8.5M | 3.8M | 2.3M | |
Total Current Assets | 11.9M | 9.1M | 12.1M | 21.6M | 11.9M | 8.0M | |
Property Plant Equipment | 947.4K | 704.3K | 135.6K | 48.9K | 56.2K | 53.4K | |
Other Current Liab | 13.3K | 26.0K | 895.5K | 2.5M | 704.9K | 608.5K | |
Total Stockholder Equity | 12.0M | 8.5M | 22.3M | 13.2M | 8.1M | 8.9M | |
Net Tangible Assets | 12.0M | 8.5M | 11.0M | 7.9M | 9.1M | 6.0M | |
Property Plant And Equipment Net | 947.4K | 704.3K | 135.6K | 48.9K | 33.2K | 31.6K | |
Net Debt | (10.5M) | (8.1M) | (4.1M) | (10.7M) | (6.4M) | (6.7M) | |
Retained Earnings | (45.5M) | (54.1M) | (78.8M) | (93.7M) | (93.6M) | (88.9M) | |
Accounts Payable | 129.1K | 608.3K | 241.3K | 1.5M | 614.1K | 545.7K | |
Cash | 11.1M | 8.5M | 4.1M | 10.7M | 6.4M | 5.6M | |
Non Current Assets Total | 1.0M | 766.0K | 11.4M | 48.9K | 33.2K | 31.6K | |
Common Stock Total Equity | 40.2K | 20.6K | 75.0K | 15.2K | 17.4K | 16.6K | |
Liabilities And Stockholders Equity | 12.9M | 9.9M | 23.5M | 21.7M | 11.9M | 11.2M | |
Non Current Liabilities Total | 434.7K | 271.9K | 3.8K | 4.5M | 2.5M | 2.6M | |
Capital Surpluse | 33.7M | 37.8M | 57.5M | 62.6M | 72.0M | 41.2M | |
Other Current Assets | 362.9K | 179.9K | 1.2M | 687.9K | 573.8K | 393.3K | |
Property Plant And Equipment Gross | 947.4K | 704.3K | 272.0K | 176.1K | 179.9K | 358.7K | |
Accumulated Other Comprehensive Income | (309.4K) | (380.6K) | 0.0 | (11.9M) | (10.7M) | (10.2M) | |
Short Term Debt | 151.6K | 162.8K | 22.2K | 3.8K | 3.4K | 3.3K | |
Intangible Assets | 620.7K | 456.1K | 50K | 11.3M | 12.9M | 13.6M | |
Common Stock | 75.0K | 15.2K | 24.4K | 1.3K | 1.3K | 1.2K | |
Net Invested Capital | 12.0M | 8.5M | 22.3M | 7.9M | 8.1M | 10.8M | |
Net Working Capital | 11.5M | 8.0M | 10.9M | 17.6M | 10.6M | 10.0M | |
Capital Stock | 75.0K | 15.2K | 24.4K | 5.3M | 1.3K | 1.2K |
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When determining whether Guardion Health Sciences offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Guardion Health's 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 Guardion Health Sciences Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Guardion Health Sciences Stock:Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Guardion Health Sciences. 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 Crypto Correlations module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins.
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When running Guardion Health's price analysis, check to measure Guardion Health'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 Guardion Health is operating at the current time. Most of Guardion Health's value examination focuses on studying past and present price action to predict the probability of Guardion Health's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Guardion Health's price. Additionally, you may evaluate how the addition of Guardion Health to your portfolios can decrease your overall portfolio volatility.
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Is Guardion Health's 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 Guardion Health. If investors know Guardion 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 Guardion Health listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (4.01) | Revenue Per Share 9.468 | Quarterly Revenue Growth (0.06) | Return On Assets (0.18) | Return On Equity (0.86) |
The market value of Guardion Health Sciences is measured differently than its book value, which is the value of Guardion that is recorded on the company's balance sheet. Investors also form their own opinion of Guardion Health's value that differs from its market value or its book value, called intrinsic value, which is Guardion Health'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 Guardion Health's market value can be influenced by many factors that don't directly affect Guardion Health'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 Guardion Health's value and its price as these two are different measures arrived at by different means. Investors typically determine if Guardion Health is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Guardion Health'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.