Affirm Cash vs Non Current Assets Total Analysis

AFRM Stock  USD 30.03  0.35  1.18%   
Affirm Holdings financial indicator trend analysis is way more than just evaluating Affirm Holdings prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Affirm Holdings is a good investment. Please check the relationship between Affirm Holdings Cash and its Non Current Assets Total accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Affirm Holdings. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area.
To learn how to invest in Affirm Stock, please use our How to Invest in Affirm Holdings guide.

Cash vs Non Current Assets Total

Cash vs Non Current Assets Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Affirm Holdings Cash account and Non Current Assets Total. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Affirm Holdings' Cash and Non Current Assets Total is 0.93. Overlapping area represents the amount of variation of Cash that can explain the historical movement of Non Current Assets Total in the same time period over historical financial statements of Affirm Holdings, assuming nothing else is changed. The correlation between historical values of Affirm Holdings' Cash and Non Current Assets Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash of Affirm Holdings are associated (or correlated) with its Non Current Assets Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Assets Total has no effect on the direction of Cash i.e., Affirm Holdings' Cash and Non Current Assets Total go up and down completely randomly.

Correlation Coefficient

0.93
Relationship DirectionPositive 
Relationship StrengthVery Strong

Cash

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

Non Current Assets Total

The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.
Most indicators from Affirm Holdings' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Affirm Holdings 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Affirm Holdings. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area.
To learn how to invest in Affirm Stock, please use our How to Invest in Affirm Holdings guide.As of the 25th of May 2024, Tax Provision is likely to drop to about (3.7 M). In addition to that, Selling General Administrative is likely to drop to about 383.7 M
 2021 2022 2023 2024 (projected)
Gross Profit772.8M714.8M822.0M554.7M
Total Revenue1.3B1.6B1.8B1.0B

Affirm Holdings fundamental ratios Correlations

0.910.880.740.960.740.960.86-0.850.87-0.940.730.840.980.90.720.980.960.890.440.960.82-0.860.870.980.94
0.910.810.620.850.610.840.99-0.910.99-0.980.630.720.870.840.730.90.860.990.530.90.83-0.780.980.910.99
0.880.810.910.960.910.960.74-0.780.73-0.820.880.960.951.00.790.860.910.80.070.740.69-0.960.730.770.89
0.740.620.910.890.990.890.51-0.590.5-0.620.970.980.860.920.730.730.810.6-0.240.530.71-0.80.490.580.73
0.960.850.960.890.891.00.77-0.810.77-0.870.870.951.00.970.780.940.960.830.190.850.8-0.910.760.880.91
0.740.610.910.990.890.890.51-0.650.5-0.620.990.970.850.910.810.70.760.62-0.270.530.69-0.80.460.580.73
0.960.840.960.891.00.890.77-0.810.77-0.870.870.951.00.970.780.940.960.830.190.850.8-0.910.760.880.91
0.860.990.740.510.770.510.77-0.921.0-0.970.540.620.80.760.720.840.790.990.590.890.78-0.720.970.890.96
-0.85-0.91-0.78-0.59-0.81-0.65-0.81-0.92-0.90.93-0.67-0.68-0.82-0.79-0.9-0.77-0.72-0.95-0.35-0.83-0.750.75-0.83-0.84-0.91
0.870.990.730.50.770.50.771.0-0.9-0.970.520.610.80.760.680.860.810.980.620.90.79-0.710.990.90.96
-0.94-0.98-0.82-0.62-0.87-0.62-0.87-0.970.93-0.97-0.63-0.72-0.89-0.85-0.73-0.92-0.88-0.97-0.51-0.94-0.830.79-0.96-0.94-0.98
0.730.630.880.970.870.990.870.54-0.670.52-0.630.950.840.880.830.70.750.64-0.250.540.76-0.740.470.590.74
0.840.720.960.980.950.970.950.62-0.680.61-0.720.950.930.970.760.830.890.7-0.080.660.74-0.880.60.70.82
0.980.870.950.861.00.851.00.8-0.820.8-0.890.840.930.960.750.960.970.850.260.890.82-0.90.80.910.93
0.90.841.00.920.970.910.970.76-0.790.76-0.850.880.970.960.790.890.930.820.10.760.74-0.950.760.80.92
0.720.730.790.730.780.810.780.72-0.90.68-0.730.830.760.750.790.60.60.8-0.050.60.66-0.720.570.630.78
0.980.90.860.730.940.70.940.84-0.770.86-0.920.70.830.960.890.60.990.860.470.950.83-0.830.890.960.92
0.960.860.910.810.960.760.960.79-0.720.81-0.880.750.890.970.930.60.990.810.360.890.79-0.880.840.910.91
0.890.990.80.60.830.620.830.99-0.950.98-0.970.640.70.850.820.80.860.810.480.880.82-0.760.940.890.98
0.440.530.07-0.240.19-0.270.190.59-0.350.62-0.51-0.25-0.080.260.1-0.050.470.360.480.650.26-0.180.670.610.41
0.960.90.740.530.850.530.850.89-0.830.9-0.940.540.660.890.760.60.950.890.880.650.77-0.750.91.00.89
0.820.830.690.710.80.690.80.78-0.750.79-0.830.760.740.820.740.660.830.790.820.260.77-0.530.760.790.85
-0.86-0.78-0.96-0.8-0.91-0.8-0.91-0.720.75-0.710.79-0.74-0.88-0.9-0.95-0.72-0.83-0.88-0.76-0.18-0.75-0.53-0.73-0.77-0.85
0.870.980.730.490.760.460.760.97-0.830.99-0.960.470.60.80.760.570.890.840.940.670.90.76-0.730.90.94
0.980.910.770.580.880.580.880.89-0.840.9-0.940.590.70.910.80.630.960.910.890.611.00.79-0.770.90.91
0.940.990.890.730.910.730.910.96-0.910.96-0.980.740.820.930.920.780.920.910.980.410.890.85-0.850.940.91
Click cells to compare fundamentals

Affirm Holdings Account Relationship Matchups

Affirm Holdings fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.4B4.9B7.0B8.2B9.4B5.0B
Short Long Term Debt Total917.1M1.9B4.1B5.5B6.3B6.6B
Other Current Liab(878.7M)320.7M244.3M117.5M135.1M141.8M
Total Current Liabilities36.3M378.5M277.3M146.1M168.0M188.7M
Total Stockholder Equity(367.1M)2.6B2.6B2.5B2.9B1.6B
Other Liab11.7M195.3M104.5M77.6M89.3M87.4M
Net Tangible Assets(367.1M)2.0B2.0B2.0B2.3B1.2B
Property Plant And Equipment Net48.1M62.5M171.5M320.3M368.4M386.8M
Current Deferred Revenue4.5M(104.2M)(16.4M)(218.7M)(196.9M)(187.0M)
Net Debt650.1M440.8M2.8B4.6B5.2B5.5B
Retained Earnings(447.2M)(888.4M)(1.6B)(2.6B)(2.3B)(2.2B)
Accounts Payable18.4M57.8M33.1M28.6M32.9M32.7M
Cash267.1M1.5B1.3B892.0M1.0B924.3M
Non Current Assets Total61.9M1.1B1.3B1.3B1.5B858.2M
Non Currrent Assets Other(925.4M)502.1M501.6M296.8M341.3M358.4M
Other Assets13.8M502.1M25K347.3M399.4M419.4M
Long Term Debt892.1M1.9B4.1B3.6B4.1B2.4B
Cash And Short Term Investments267.1M1.5B2.9B2.1B2.4B1.5B
Net Receivables1.0B2.0B2.5B4.4B5.1B5.3B
Liabilities And Stockholders Equity1.4B4.9B7.0B8.2B9.4B5.0B
Non Current Liabilities Total1.7B1.9B4.1B5.5B6.3B3.2B
Other Current Assets943.6M397.9M368.3M403.6M363.3M445.8M
Other Stockholder Equity(723.8M)(1.4B)4.2B5.1B5.9B6.2B
Total Liab1.8B2.3B4.4B5.6B6.5B3.4B
Net Invested Capital550.1M4.5B6.7B7.9B9.1B9.6B
Long Term Investments939.2M11.3M1.6B1.2B1.4B966.3M
Property Plant And Equipment Gross48.1M120.3M171.5M444.4M511.0M536.6M
Total Current Assets1.3B3.7B5.6B6.9B7.9B4.1B
Accumulated Other Comprehensive Income(302K)6.8M(7.1M)(15.4M)(13.9M)(13.2M)
Non Current Liabilities Other7.2M195.3M71.4M53.9M61.9M73.3M
Net Working Capital1.3B3.3B5.4B6.7B7.7B3.9B
Short Term Debt892.1M104.2M16.4M218.7M196.9M288.1M
Property Plant Equipment48.1M62.5M171.5M290.1M333.7M350.3M

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When determining whether Affirm Holdings is a strong investment it is important to analyze Affirm Holdings' 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 Affirm Holdings' future performance. For an informed investment choice regarding Affirm Stock, refer to the following important reports:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Affirm Holdings. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area.
To learn how to invest in Affirm Stock, please use our How to Invest in Affirm Holdings guide.
You can also try the Portfolio Center module to all portfolio management and optimization tools to improve performance of your portfolios.

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When running Affirm Holdings' price analysis, check to measure Affirm Holdings' 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 Affirm Holdings is operating at the current time. Most of Affirm Holdings' value examination focuses on studying past and present price action to predict the probability of Affirm Holdings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Affirm Holdings' price. Additionally, you may evaluate how the addition of Affirm Holdings to your portfolios can decrease your overall portfolio volatility.
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Is Affirm Holdings' 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 Affirm Holdings. If investors know Affirm 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 Affirm Holdings listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(2.22)
Revenue Per Share
6.896
Quarterly Revenue Growth
0.512
Return On Assets
(0.06)
Return On Equity
(0.26)
The market value of Affirm Holdings is measured differently than its book value, which is the value of Affirm that is recorded on the company's balance sheet. Investors also form their own opinion of Affirm Holdings' value that differs from its market value or its book value, called intrinsic value, which is Affirm Holdings' 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 Affirm Holdings' market value can be influenced by many factors that don't directly affect Affirm Holdings' 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 Affirm Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if Affirm Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Affirm Holdings' 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.