Freedom Non Currrent Assets Other vs Total Assets Analysis
FRHC Stock | USD 117.00 0.78 0.67% |
Freedom Holding financial indicator trend analysis is much more than just examining Freedom Holding Corp latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Freedom Holding Corp is a good investment. Please check the relationship between Freedom Holding Non Currrent Assets Other and its Total Assets accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Freedom Holding Corp. 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.
Non Currrent Assets Other vs Total Assets
Non Currrent Assets Other vs Total Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Freedom Holding Corp Non Currrent Assets Other account and Total Assets. At this time, the significance of the direction appears to have pay attention.
The correlation between Freedom Holding's Non Currrent Assets Other and Total Assets is -0.9. Overlapping area represents the amount of variation of Non Currrent Assets Other that can explain the historical movement of Total Assets in the same time period over historical financial statements of Freedom Holding Corp, assuming nothing else is changed. The correlation between historical values of Freedom Holding's Non Currrent Assets Other and Total Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Currrent Assets Other of Freedom Holding Corp are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Non Currrent Assets Other i.e., Freedom Holding's Non Currrent Assets Other and Total Assets go up and down completely randomly.
Correlation Coefficient | -0.9 |
Relationship Direction | Negative |
Relationship Strength | Significant |
Non Currrent Assets Other
Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.Total Assets
Total assets refers to the total amount of Freedom Holding assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Freedom Holding Corp books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.Most indicators from Freedom Holding's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Freedom Holding Corp 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 Freedom Holding Corp. 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 present, Freedom Holding's Enterprise Value Over EBITDA is projected to increase significantly based on the last few years of reporting. The current year's Enterprise Value Multiple is expected to grow to 8.07, whereas Selling General Administrative is forecasted to decline to about 169 M.
2010 | 2023 | 2024 (projected) | Research Development | 0.55 | 0.28 | 0.3 | Discontinued Operations | 12.4M | 11.2M | 9.9M |
Freedom Holding fundamental ratios Correlations
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Freedom Holding Account Relationship Matchups
High Positive Relationship
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Freedom Holding fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 453.5M | 2.0B | 2.9B | 5.1B | 8.3B | 8.7B | |
Total Current Liabilities | 227.8M | 1.6B | 2.3B | 3.6B | 33.0M | 31.3M | |
Total Stockholder Equity | 131.3M | 277.3M | 514.7M | 777.3M | 1.2B | 1.2B | |
Property Plant And Equipment Net | 20.9M | 31.6M | 37.0M | 84.4M | 119.3M | 125.3M | |
Net Debt | 71.7M | (187.0M) | 267.5M | 1.0B | 2.5B | 2.7B | |
Retained Earnings | 66.3M | 208.6M | 426.6M | 647.1M | 998.7M | 1.0B | |
Cash | 63.2M | 698.8M | 625.5M | 581.4M | 545.1M | 572.3M | |
Non Current Assets Total | 28.2M | 58.2M | 66.4M | 125.9M | 219.6M | 230.6M | |
Non Currrent Assets Other | (172M) | 8.9M | (1.3B) | 3.3M | (3.8B) | (3.6B) | |
Cash And Short Term Investments | 226.2M | 1.4B | 1.8B | 3.2B | 761.7M | 799.8M | |
Net Receivables | 125.3M | 49.5M | 459.3M | 153.4M | 1.7B | 1.8B | |
Good Will | 2.6M | 7.9M | 5.4M | 14.2M | 52.6M | 55.3M | |
Common Stock Shares Outstanding | 58.3M | 58.4M | 59.4M | 59.5M | 59.4M | 30.0M | |
Short Term Investments | 163.0M | 736.2M | 1.2B | 2.7B | 216.6M | 431.1M | |
Liabilities And Stockholders Equity | 453.5M | 2.0B | 2.9B | 5.1B | 8.3B | 8.7B | |
Non Current Liabilities Total | 96.7M | 112.0M | 152.7M | 725.1M | 7.1B | 7.5B | |
Other Current Assets | (233.8M) | 1.2B | 566.2M | 501.8M | (2.6B) | (2.4B) | |
Total Liab | 324.5M | 1.7B | 2.4B | 4.3B | 7.1B | 7.5B | |
Total Current Assets | 425.4M | 2.0B | 2.9B | 5.0B | 2.4B | 2.6B | |
Short Long Term Debt Total | 134.9M | 511.8M | 893.1M | 1.6B | 3.1B | 3.2B | |
Other Current Liab | 2.4M | (1.1B) | 18.7M | 1.9B | (6.0B) | (5.7B) | |
Other Stockholder Equity | 102.9M | 104.7M | 141.3M | 164.2M | 183.8M | 93.3M | |
Property Plant And Equipment Gross | 20.9M | 31.6M | 43.7M | 93.7M | 134.3M | 141.0M | |
Accumulated Other Comprehensive Income | (38.0M) | (36.0M) | (53.3M) | (34M) | (18.9M) | (19.9M) | |
Short Term Debt | 48.2M | 426.7M | 775.2M | 1.5B | 2.8B | 2.9B | |
Other Assets | 1.2M | 19.9M | 2.0B | 3.8B | 5.6B | 5.9B | |
Intangible Assets | 3.4M | 9.8M | 5.8M | 17.6M | 47.7M | 50.1M | |
Accounts Payable | 8.8M | 23.5M | 48.8M | 130.9M | 886.7M | 931.1M | |
Net Tangible Assets | 125.3M | 258.0M | 503.5M | 745.5M | 857.3M | 900.2M | |
Capital Surpluse | 99.1M | 102.9M | 104.7M | 164.2M | 188.8M | 96.2M | |
Property Plant Equipment | 20.9M | 18.4M | 37.0M | 54.0M | 62.1M | 65.2M | |
Other Liab | 508K | 13.2M | 19.9M | 646.2M | 743.1M | 780.3M | |
Long Term Debt | 72.3M | 68.4M | 102.6M | 60.0M | 276.7M | 290.6M | |
Long Term Debt Total | 28.5M | 72.3M | 68.4M | 60.0M | 69.0M | 44.7M | |
Short Long Term Debt | 72.3M | 426.7M | 775.2M | 1.5B | 2.8B | 2.9B |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Freedom Holding Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Freedom Holding'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 Freedom Holding Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Freedom Holding Corp Stock:Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Freedom Holding Corp. 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 Top Crypto Exchanges module to search and analyze digital assets across top global cryptocurrency exchanges.
Is Investment Banking & Brokerage 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 Freedom Holding. If investors know Freedom 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 Freedom Holding 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 (0.03) | Earnings Share 5.7 | Revenue Per Share 22.019 | Quarterly Revenue Growth 0.5 | Return On Assets 0.0427 |
The market value of Freedom Holding Corp is measured differently than its book value, which is the value of Freedom that is recorded on the company's balance sheet. Investors also form their own opinion of Freedom Holding's value that differs from its market value or its book value, called intrinsic value, which is Freedom Holding'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 Freedom Holding's market value can be influenced by many factors that don't directly affect Freedom Holding'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 Freedom Holding's value and its price as these two are different measures arrived at by different means. Investors typically determine if Freedom Holding is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Freedom Holding'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.