Hims Other Current Assets vs Cash And Short Term Investments Analysis

HIMS Stock

USD 11.26 0.98 8.01%

Hims Hers financial indicator trend analysis is much more than just examining Hims Hers Health latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Hims Hers Health is a good investment. Please check the relationship between Hims Hers Other Current Assets and its Cash And Short Term Investments accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Hims Hers Health. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in population.

Other Current Assets vs Cash And Short Term Investments

Other Current Assets vs Cash And Short Term Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Hims Hers Health Other Current Assets account and Cash And Short Term Investments. At this time, the significance of the direction appears to have very strong relationship.

The correlation between Hims Hers' Other Current Assets and Cash And Short Term Investments is 0.88. Overlapping area represents the amount of variation of Other Current Assets that can explain the historical movement of Cash And Short Term Investments in the same time period over historical financial statements of Hims Hers Health, assuming nothing else is changed. The correlation between historical values of Hims Hers' Other Current Assets and Cash And Short Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Current Assets of Hims Hers Health are associated (or correlated) with its Cash And Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash And Short Term Investments has no effect on the direction of Other Current Assets i.e., Hims Hers' Other Current Assets and Cash And Short Term Investments go up and down completely randomly.

Correlation Coefficient

0.88

Relationship Direction	Positive
Relationship Strength	Strong

View All Relationships

Other Current Assets

Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.

Cash And Short Term Investments

Short Term Investments is an account in the current assets section of Hims Hers Health balance sheet. This account contains Hims Hers investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Hims Hers Health fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.

Most indicators from Hims Hers' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Hims Hers Health 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 Hims Hers Health. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in population.

Tax Provision is likely to gain to about 2.1 M in 2024, whereas Selling General Administrative is likely to drop slightly above 117.3 M in 2024.

	2021	2022	2023	2024 (projected)
Gross Profit	204.5M	408.7M	705.4M	740.7M
Total Revenue	271.9M	526.9M	872M	915.6M

Gross Profit Total Revenue

Hims Hers fundamental ratios Correlations

	Other Current Liab	Total Current Liabilities	Net Tangible Assets	Retained Earnings	Accounts Payable	Other Assets	Net Receivables	Inventory	Other Current Assets	Other Stockholder Equity	Total Current Assets	Total Assets	Short Long Term Debt Total	Total Stockholder Equity	Other Liab	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Common Stock Total Equity	Common Stock Shares Outstanding	Short Term Investments	Non Current Liabilities Total
Other Current Liab		0.92	0.81	-0.75	0.59	0.75	0.77	0.72	0.69	0.77	0.9	0.88	0.73	0.84	-0.45	0.54	0.67	-0.84	0.89	0.85	0.16	0.92	-0.83	0.83	0.89	-0.82
Total Current Liabilities	0.92		0.91	-0.81	0.84	0.52	0.86	0.87	0.83	0.89	0.92	0.94	0.83	0.9	-0.4	0.69	0.77	-0.9	0.98	0.94	0.26	0.93	-0.9	0.92	0.87	-0.9
Net Tangible Assets	0.81	0.91		-0.89	0.84	0.41	0.91	0.9	0.95	1.0	0.9	0.95	0.77	0.98	-0.42	0.73	0.79	-0.91	0.89	0.95	0.32	0.92	-0.98	0.95	0.9	-0.99
Retained Earnings	-0.75	-0.81	-0.89		-0.79	-0.29	-0.96	-0.91	-0.96	-0.9	-0.93	-0.93	-0.9	-0.96	0.68	-0.8	-0.84	0.91	-0.87	-0.93	0.0	-0.91	0.95	-0.94	-0.89	0.9
Accounts Payable	0.59	0.84	0.84	-0.79		0.05	0.81	0.94	0.88	0.86	0.79	0.85	0.81	0.83	-0.32	0.72	0.72	-0.78	0.86	0.88	0.27	0.77	-0.83	0.88	0.69	-0.84
Other Assets	0.75	0.52	0.41	-0.29	0.05		0.25	0.25	0.19	0.34	0.55	0.5	0.25	0.42	-0.3	-0.09	0.09	-0.33	0.41	0.45	0.02	0.59	-0.43	0.44	0.65	-0.41
Net Receivables	0.77	0.86	0.91	-0.96	0.81	0.25		0.86	0.95	0.92	0.89	0.91	0.9	0.95	-0.61	0.91	0.95	-0.98	0.92	0.9	0.08	0.9	-0.94	0.9	0.85	-0.9
Inventory	0.72	0.87	0.9	-0.91	0.94	0.25	0.86		0.94	0.91	0.92	0.95	0.86	0.93	-0.47	0.67	0.7	-0.82	0.88	0.97	0.18	0.89	-0.94	0.97	0.85	-0.92
Other Current Assets	0.69	0.83	0.95	-0.96	0.88	0.19	0.95	0.94		0.97	0.87	0.92	0.84	0.97	-0.51	0.82	0.84	-0.9	0.86	0.94	0.2	0.88	-0.97	0.94	0.85	-0.95
Other Stockholder Equity	0.77	0.89	1.0	-0.9	0.86	0.34	0.92	0.91	0.97		0.88	0.93	0.77	0.98	-0.41	0.75	0.8	-0.9	0.88	0.95	0.33	0.9	-0.98	0.95	0.88	-0.99
Total Current Assets	0.9	0.92	0.9	-0.93	0.79	0.55	0.89	0.92	0.87	0.88		0.99	0.91	0.95	-0.66	0.64	0.73	-0.89	0.94	0.97	-0.01	0.99	-0.95	0.97	0.97	-0.9
Total Assets	0.88	0.94	0.95	-0.93	0.85	0.5	0.91	0.95	0.92	0.93	0.99		0.89	0.97	-0.59	0.68	0.76	-0.91	0.95	0.99	0.1	0.99	-0.98	0.99	0.97	-0.95
Short Long Term Debt Total	0.73	0.83	0.77	-0.9	0.81	0.25	0.9	0.86	0.84	0.77	0.91	0.89		0.84	-0.77	0.79	0.84	-0.9	0.92	0.87	-0.24	0.89	-0.83	0.87	0.83	-0.75
Total Stockholder Equity	0.84	0.9	0.98	-0.96	0.83	0.42	0.95	0.93	0.97	0.98	0.95	0.97	0.84		-0.54	0.75	0.81	-0.93	0.91	0.97	0.2	0.96	-1.0	0.98	0.94	-0.98
Other Liab	-0.45	-0.4	-0.42	0.68	-0.32	-0.3	-0.61	-0.47	-0.51	-0.41	-0.66	-0.59	-0.77	-0.54		-0.48	-0.54	0.59	-0.54	-0.52	0.72	-0.64	0.53	-0.54	-0.67	0.38
Property Plant And Equipment Net	0.54	0.69	0.73	-0.8	0.72	-0.09	0.91	0.67	0.82	0.75	0.64	0.68	0.79	0.75	-0.48		0.98	-0.9	0.79	0.68	0.07	0.66	-0.72	0.66	0.56	-0.7
Current Deferred Revenue	0.67	0.77	0.79	-0.84	0.72	0.09	0.95	0.7	0.84	0.8	0.73	0.76	0.84	0.81	-0.54	0.98		-0.96	0.86	0.75	0.06	0.76	-0.79	0.73	0.67	-0.76
Net Debt	-0.84	-0.9	-0.91	0.91	-0.78	-0.33	-0.98	-0.82	-0.9	-0.9	-0.89	-0.91	-0.9	-0.93	0.59	-0.9	-0.96		-0.95	-0.89	-0.08	-0.91	0.91	-0.88	-0.85	0.88
Cash	0.89	0.98	0.89	-0.87	0.86	0.41	0.92	0.88	0.86	0.88	0.94	0.95	0.92	0.91	-0.54	0.79	0.86	-0.95		0.94	0.1	0.94	-0.9	0.92	0.87	-0.87
Non Current Assets Total	0.85	0.94	0.95	-0.93	0.88	0.45	0.9	0.97	0.94	0.95	0.97	0.99	0.87	0.97	-0.52	0.68	0.75	-0.89	0.94		0.17	0.97	-0.98	1.0	0.94	-0.96
Non Currrent Assets Other	0.16	0.26	0.32	0.0	0.27	0.02	0.08	0.18	0.2	0.33	-0.01	0.1	-0.24	0.2	0.72	0.07	0.06	-0.08	0.1	0.17		0.03	-0.21	0.15	0.0	-0.37
Cash And Short Term Investments	0.92	0.93	0.92	-0.91	0.77	0.59	0.9	0.89	0.88	0.9	0.99	0.99	0.89	0.96	-0.64	0.66	0.76	-0.91	0.94	0.97	0.03		-0.96	0.97	0.99	-0.92
Common Stock Total Equity	-0.83	-0.9	-0.98	0.95	-0.83	-0.43	-0.94	-0.94	-0.97	-0.98	-0.95	-0.98	-0.83	-1.0	0.53	-0.72	-0.79	0.91	-0.9	-0.98	-0.21	-0.96		-0.98	-0.94	0.99
Common Stock Shares Outstanding	0.83	0.92	0.95	-0.94	0.88	0.44	0.9	0.97	0.94	0.95	0.97	0.99	0.87	0.98	-0.54	0.66	0.73	-0.88	0.92	1.0	0.15	0.97	-0.98		0.95	-0.96
Short Term Investments	0.89	0.87	0.9	-0.89	0.69	0.65	0.85	0.85	0.85	0.88	0.97	0.97	0.83	0.94	-0.67	0.56	0.67	-0.85	0.87	0.94	0.0	0.99	-0.94	0.95		-0.9
Non Current Liabilities Total	-0.82	-0.9	-0.99	0.9	-0.84	-0.41	-0.9	-0.92	-0.95	-0.99	-0.9	-0.95	-0.75	-0.98	0.38	-0.7	-0.76	0.88	-0.87	-0.96	-0.37	-0.92	0.99	-0.96	-0.9

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Hims Hers Account Relationship Matchups

Hims Hers fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Other Current Liab	11.1M	1.6M	55.0M	12.4M	36.4M	21.5M
Total Current Liabilities	20.6M	15.2M	79.2M	47.9M	88.5M	50.5M
Net Tangible Assets	(141.1M)	(149.8M)	197.8M	170.8M	196.4M	206.3M
Retained Earnings	(153.2M)	(171.3M)	(279.0M)	(344.6M)	(368.2M)	(386.6M)
Accounts Payable	7.2M	8.1M	19.6M	32.4M	43.1M	22.7M
Other Assets	963K	1.0M	8.8M	888K	1.0	0.95
Net Receivables	859K	1.1M	3.6M	3.2M	5.7M	6.0M
Inventory	4.2M	3.5M	13.6M	21.6M	22.5M	12.7M
Other Current Assets	480K	171K	9.1M	15.4M	15.9M	16.7M
Other Stockholder Equity	(173.4M)	(225.5M)	613.7M	656.6M	712.3M	747.9M
Total Current Assets	69.6M	113.1M	269.9M	216.6M	265.1M	180.0M

Hims Hers Investors Sentiment

The influence of Hims Hers' investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Hims. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.

Investor biases related to Hims Hers' public news can be used to forecast risks associated with an investment in Hims. The trend in average sentiment can be used to explain how an investor holding Hims can time the market purely based on public headlines and social activities around Hims Hers Health. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.

Hims Hers' market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Hims Hers' and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Hims Hers' news discussions. The higher the estimated score, the more favorable is the investor's outlook on Hims Hers.

Hims Hers Implied Volatility

232.57

Hims Hers' implied volatility exposes the market's sentiment of Hims Hers Health stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Hims Hers' implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Hims Hers stock will not fluctuate a lot when Hims Hers' options are near their expiration.

Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Hims Hers in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Hims Hers' short interest history, or implied volatility extrapolated from Hims Hers options trading.

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When determining whether Hims Hers Health is a strong investment it is important to analyze Hims Hers' 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 Hims Hers' future performance. For an informed investment choice regarding Hims Stock, refer to the following important reports:

How To Invest In Hims

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Is Hims Stock a good investment?

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What is Hims Hers' Net Worth?

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Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Hims Hers Health. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in population.

You can also try the Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.

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

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Is Hims Hers' 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 Hims Hers. If investors know Hims 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 Hims Hers listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Earnings Share

(0.11)

Revenue Per Share

4.165

Quarterly Revenue Growth

0.475

Return On Assets

(0.04)

Return On Equity

(0.07)

The market value of Hims Hers Health is measured differently than its book value, which is the value of Hims that is recorded on the company's balance sheet. Investors also form their own opinion of Hims Hers' value that differs from its market value or its book value, called intrinsic value, which is Hims Hers' 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 Hims Hers' market value can be influenced by many factors that don't directly affect Hims Hers' 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 Hims Hers' value and its price as these two are different measures arrived at by different means. Investors typically determine if Hims Hers is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Hims Hers' 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.

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Hims Other Current Assets vs Cash And Short Term Investments Analysis

Other Current Assets vs Cash And Short Term Investments

Other Current Assets vs Cash And Short Term Investments Correlation Analysis

Correlation Coefficient

Other Current Assets

Cash And Short Term Investments

Hims Hers fundamental ratios Correlations

Hims Hers Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Hims Hers fundamental ratios Accounts

Hims Hers Investors Sentiment

Hims Hers Implied Volatility

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

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COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Other Stockholder Equity	+ 1.0	Net Tangible Assets
Common Stock Shares Outstanding	+ 1.0	Non Current Assets Total
Total Assets	+ 0.99	Total Current Assets
Cash And Short Term Investments	+ 0.99	Total Current Assets
Non Current Assets Total	+ 0.99	Total Assets
Cash And Short Term Investments	+ 0.99	Total Assets

Common Stock Total Equity	- 1.0	Total Stockholder Equity
Non Current Liabilities Total	- 0.99	Other Stockholder Equity
Non Current Liabilities Total	- 0.99	Net Tangible Assets
Common Stock Shares Outstanding	- 0.98	Common Stock Total Equity
Common Stock Total Equity	- 0.98	Non Current Assets Total
Non Current Liabilities Total	- 0.98	Total Stockholder Equity