IHS Short Term Debt vs Cash Analysis

IHS Stock

USD 3.43 0.07 2.00%

IHS Holding financial indicator trend analysis is infinitely more than just investigating IHS Holding recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether IHS Holding is a good investment. Please check the relationship between IHS Holding Short Term Debt and its Cash accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in IHS Holding. 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.

For more information on how to buy IHS Stock please use our How to Invest in IHS Holding guide.

Short Term Debt vs Cash

Short Term Debt vs Cash Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of IHS Holding Short Term Debt account and Cash. At this time, the significance of the direction appears to have weak contrarian relationship.

The correlation between IHS Holding's Short Term Debt and Cash is -0.1. Overlapping area represents the amount of variation of Short Term Debt that can explain the historical movement of Cash in the same time period over historical financial statements of IHS Holding, assuming nothing else is changed. The correlation between historical values of IHS Holding's Short Term Debt and Cash 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 IHS Holding are associated (or correlated) with its Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash has no effect on the direction of Short Term Debt i.e., IHS Holding's Short Term Debt and Cash go up and down completely randomly.

Correlation Coefficient

-0.1

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Short Term Debt

Cash

Cash refers to the most liquid asset of IHS Holding, which is listed under current asset account on IHS Holding balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from IHS Holding customers. The amounts must be unrestricted with restricted cash listed in a different IHS Holding 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.

Most indicators from IHS Holding's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into IHS Holding 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 IHS Holding. 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.

For more information on how to buy IHS Stock please use our How to Invest in IHS Holding guide.At this time, IHS Holding's Selling General Administrative is comparatively stable compared to the past year. Tax Provision is likely to gain to about 112.9 M in 2024, whereas Issuance Of Capital Stock is likely to drop 0.00 in 2024.

	2021	2022	2023	2024 (projected)
Gross Profit	672.3M	804.4M	1.0B	828.2M
Total Revenue	1.6B	2.0B	2.1B	1.6B

Gross Profit Total Revenue

IHS Holding fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Cash And Short Term Investments	Net Receivables	Good Will	Common Stock Shares Outstanding	Short Term Investments	Non Current Liabilities Total	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Short Term Debt	Intangible Assets	Common Stock	Non Currrent Assets Other
Total Assets		0.71	-0.22	0.69	0.23	0.42	0.16	0.69	-0.24	0.51	0.13	0.98	0.13	0.72	0.31	0.32	-0.71	0.78	0.07	0.06	0.88	0.68	0.47	0.84	0.24	0.75
Short Long Term Debt Total	0.71		-0.28	0.48	-0.47	0.85	-0.38	0.97	-0.81	0.68	0.25	0.68	0.24	0.6	-0.22	0.6	-0.54	0.99	-0.3	0.46	0.84	0.65	0.82	0.5	0.29	0.63
Other Current Liab	-0.22	-0.28		0.17	-0.05	-0.56	0.42	-0.09	0.37	-0.67	-0.76	-0.06	-0.76	-0.02	0.49	-0.63	0.44	-0.24	0.36	0.53	-0.13	-0.7	-0.16	0.22	-0.82	-0.51
Total Current Liabilities	0.69	0.48	0.17		-0.01	0.06	0.48	0.63	-0.02	0.17	-0.5	0.79	-0.51	0.93	0.51	-0.19	-0.39	0.51	0.04	0.44	0.7	0.15	0.66	0.89	-0.35	0.37
Total Stockholder Equity	0.23	-0.47	-0.05	-0.01		-0.57	0.61	-0.5	0.76	-0.29	0.06	0.22	0.05	-0.14	0.63	-0.33	-0.21	-0.37	0.53	-0.66	-0.17	0.07	-0.63	0.22	0.06	0.15
Property Plant And Equipment Net	0.42	0.85	-0.56	0.06	-0.57		-0.77	0.72	-0.95	0.86	0.58	0.31	0.58	0.29	-0.68	0.88	-0.35	0.8	-0.57	0.16	0.63	0.71	0.63	0.04	0.64	0.47
Current Deferred Revenue	0.16	-0.38	0.42	0.48	0.61	-0.77		-0.22	0.8	-0.64	-0.65	0.28	-0.66	0.24	0.94	-0.82	-0.19	-0.3	0.66	0.07	-0.14	-0.38	-0.21	0.51	-0.67	0.06
Net Debt	0.69	0.97	-0.09	0.63	-0.5	0.72	-0.22		-0.71	0.55	-0.01	0.71	-0.02	0.7	-0.07	0.4	-0.47	0.96	-0.22	0.61	0.83	0.47	0.87	0.62	0.06	0.53
Retained Earnings	-0.24	-0.81	0.37	-0.02	0.76	-0.95	0.8	-0.71		-0.74	-0.46	-0.16	-0.46	-0.24	0.73	-0.81	0.23	-0.74	0.64	-0.36	-0.53	-0.54	-0.67	0.06	-0.47	-0.34
Accounts Payable	0.51	0.68	-0.67	0.17	-0.29	0.86	-0.64	0.55	-0.74		0.58	0.39	0.58	0.45	-0.59	0.83	-0.28	0.65	-0.64	-0.18	0.68	0.8	0.5	0.12	0.78	0.42
Cash	0.13	0.25	-0.76	-0.5	0.06	0.58	-0.65	-0.01	-0.46	0.58		-0.06	1.0	-0.33	-0.62	0.81	-0.33	0.22	-0.33	-0.52	0.08	0.73	-0.1	-0.41	0.89	0.42
Non Current Assets Total	0.98	0.68	-0.06	0.79	0.22	0.31	0.28	0.71	-0.16	0.39	-0.06		-0.07	0.77	0.43	0.17	-0.65	0.75	0.14	0.17	0.87	0.53	0.49	0.93	0.07	0.67
Cash And Short Term Investments	0.13	0.24	-0.76	-0.51	0.05	0.58	-0.66	-0.02	-0.46	0.58	1.0	-0.07		-0.34	-0.62	0.81	-0.32	0.22	-0.33	-0.52	0.08	0.73	-0.1	-0.42	0.89	0.41
Net Receivables	0.72	0.6	-0.02	0.93	-0.14	0.29	0.24	0.7	-0.24	0.45	-0.33	0.77	-0.34		0.26	0.03	-0.35	0.61	-0.18	0.37	0.8	0.33	0.72	0.79	-0.13	0.38
Good Will	0.31	-0.22	0.49	0.51	0.63	-0.68	0.94	-0.07	0.73	-0.59	-0.62	0.43	-0.62	0.26		-0.77	-0.2	-0.12	0.69	0.13	-0.01	-0.29	-0.16	0.65	-0.64	0.09
Common Stock Shares Outstanding	0.32	0.6	-0.63	-0.19	-0.33	0.88	-0.82	0.4	-0.81	0.83	0.81	0.17	0.81	0.03	-0.77		-0.34	0.56	-0.56	-0.19	0.49	0.74	0.3	-0.16	0.85	0.46
Short Term Investments	-0.71	-0.54	0.44	-0.39	-0.21	-0.35	-0.19	-0.47	0.23	-0.28	-0.33	-0.65	-0.32	-0.35	-0.2	-0.34		-0.58	-0.12	-0.04	-0.47	-0.64	-0.33	-0.47	-0.25	-0.98
Non Current Liabilities Total	0.78	0.99	-0.24	0.51	-0.37	0.8	-0.3	0.96	-0.74	0.65	0.22	0.75	0.22	0.61	-0.12	0.56	-0.58		-0.23	0.43	0.86	0.66	0.76	0.58	0.27	0.66
Other Current Assets	0.07	-0.3	0.36	0.04	0.53	-0.57	0.66	-0.22	0.64	-0.64	-0.33	0.14	-0.33	-0.18	0.69	-0.56	-0.12	-0.23		0.01	-0.19	-0.31	-0.38	0.25	-0.48	0.0
Other Stockholder Equity	0.06	0.46	0.53	0.44	-0.66	0.16	0.07	0.61	-0.36	-0.18	-0.52	0.17	-0.52	0.37	0.13	-0.19	-0.04	0.43	0.01		0.25	-0.24	0.6	0.31	-0.64	0.01
Total Liab	0.88	0.84	-0.13	0.7	-0.17	0.63	-0.14	0.83	-0.53	0.68	0.08	0.87	0.08	0.8	-0.01	0.49	-0.47	0.86	-0.19	0.25		0.6	0.67	0.73	0.25	0.54
Total Current Assets	0.68	0.65	-0.7	0.15	0.07	0.71	-0.38	0.47	-0.54	0.8	0.73	0.53	0.73	0.33	-0.29	0.74	-0.64	0.66	-0.31	-0.24	0.6		0.34	0.21	0.74	0.74
Short Term Debt	0.47	0.82	-0.16	0.66	-0.63	0.63	-0.21	0.87	-0.67	0.5	-0.1	0.49	-0.1	0.72	-0.16	0.3	-0.33	0.76	-0.38	0.6	0.67	0.34		0.47	-0.02	0.38
Intangible Assets	0.84	0.5	0.22	0.89	0.22	0.04	0.51	0.62	0.06	0.12	-0.41	0.93	-0.42	0.79	0.65	-0.16	-0.47	0.58	0.25	0.31	0.73	0.21	0.47		-0.25	0.45
Common Stock	0.24	0.29	-0.82	-0.35	0.06	0.64	-0.67	0.06	-0.47	0.78	0.89	0.07	0.89	-0.13	-0.64	0.85	-0.25	0.27	-0.48	-0.64	0.25	0.74	-0.02	-0.25		0.37
Non Currrent Assets Other	0.75	0.63	-0.51	0.37	0.15	0.47	0.06	0.53	-0.34	0.42	0.42	0.67	0.41	0.38	0.09	0.46	-0.98	0.66	0.0	0.01	0.54	0.74	0.38	0.45	0.37

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IHS Holding Account Relationship Matchups

IHS Holding fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Other Current Liab	103.4M	165.2M	52.5M	(14.5M)	304.6M	174.0M
Total Current Liabilities	566.5M	683.6M	830.6M	1.3B	1.2B	858.9M
Retained Earnings	(2.5B)	(2.8B)	(2.9B)	(3.3B)	(5.3B)	(5.0B)
Accounts Payable	338.4M	301.8M	499.4M	669.1M	330.6M	209.5M
Net Receivables	258.3M	290.3M	469.3M	664.6M	580.6M	374.9M
Other Current Assets	6.3M	1.6M	1.1M	27.9M	57.6M	80.5M
Other Stockholder Equity	(587.2M)	(485.5M)	(780.3M)	(861.4M)	5.3B	5.6B
Total Current Assets	1.2B	989.3M	1.4B	1.3B	972.6M	946.2M
Other Assets	66.2M	205.0M	245.6M	167.6M	192.8M	202.4M
Other Liab	49.6M	236.2M	190.1M	272.3M	313.1M	217.1M
Net Tangible Assets	462.5M	(137.1M)	12.3M	(682.2M)	(614.0M)	(583.3M)
Inventory	48.7M	49.2M	42.0M	74.2M	40.6M	47.3M
Property Plant Equipment	1.9B	1.9B	2.2B	3.0B	3.5B	2.2B

Pair Trading with IHS Holding

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 IHS Holding 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 IHS Holding will appreciate offsetting losses from the drop in the long position's value.

Moving against IHS Stock

0.64	Z	Zillow Group Class	Pair Corr
0.63	ZG	Zillow Group	Pair Corr
0.57	TU	Telus Corp	Pair Corr
0.55	EMWPF	Eros Media World	Pair Corr
0.52	ZD	Ziff Davis	Pair Corr

The ability to find closely correlated positions to IHS Holding could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace IHS Holding 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 IHS Holding - 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 IHS Holding to buy it.

The correlation of IHS Holding 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 IHS Holding moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if IHS Holding 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 IHS Holding 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

Additional Tools for IHS Stock Analysis

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

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