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Home Depot Cash and Equivalents vs. Short Ratio

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HD -- USA Stock  

Earnings Report: May 19, 2020  

The Drivers Module shows relationships between Home Depot's most relevant fundamental drivers and provides multiple suggestions of what could possibly affect the performance of Home Depot over time as well as its relative position and ranking within its peers. Please check Risk vs Return Analysis

Home Depot Short Ratio vs. Cash and Equivalents Fundamental Analysis

Home Depot is rated # 5 in cash and equivalents category among related companies. It is rated below average in short ratio category among related companies . The ratio of Cash and Equivalents to Short Ratio for Home Depot is about  1,089,552,239 
Cash or Cash Equivalents are the most liquid of all assets found on the company's balance sheet. It is used in calculating many of the firm's liquidity ratios and is a good indicator of the overall financial health of a company. Companies with a lot of cash are usually attractive takeover targets. Cash Equivalents are balance sheet items that are typically reported using currency printed on notes.
Home Depot 
Cash 
 = 
Bank Deposits 
+  
Liquidities 
=
2.19 B
Cash equivalents represent current assets that are easily convertible to cash such as short term bonds, savings account, money market funds, or certificate of deposits (CDs). One of the important consideration companies make when classifying assets as cash equivalent is that investments they report on their balance sheets under current assets should have almost no risk of change in value over the next few months (usually three months).
Short Ratio is typically used by traders and speculators to identify trends in current market sentiment for a particular equity instrument. In its simple terms this ratio shows how many days it will take all current short sellers to cover their positions if the price of a stock begins to rise.
Home Depot 
Short Ratio 
 = 
Short Interest 
Average Trading Volume 
=
2.01 
The higher the Short Ratio, the longer it would take to buy back the borrowed shares. In theory, the more short positions are currently outstanding, the faster it will be to cover shorted positions.

Home Depot Short Ratio Comparison

  Short Ratio 
    
  Home Depot Comparables 
Home Depot is rated below average in short ratio category among related companies.

Home Depot Fundamental Comparison