IHS Cash And Short Term Investments vs Non Currrent Assets Other Analysis

IHS Stock  USD 3.04  0.02  0.65%   
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 Cash And Short Term Investments and its Non Currrent Assets Other 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.

Cash And Short Term Investments vs Non Currrent Assets Other

Cash And Short Term Investments vs Non Currrent Assets Other Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of IHS Holding Cash And Short Term Investments account and Non Currrent Assets Other. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between IHS Holding's Cash And Short Term Investments and Non Currrent Assets Other is 0.41. Overlapping area represents the amount of variation of Cash And Short Term Investments that can explain the historical movement of Non Currrent Assets Other 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 Cash And Short Term Investments and Non Currrent Assets Other 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 And Short Term Investments of IHS Holding are associated (or correlated) with its Non Currrent Assets Other. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Currrent Assets Other has no effect on the direction of Cash And Short Term Investments i.e., IHS Holding's Cash And Short Term Investments and Non Currrent Assets Other go up and down completely randomly.

Correlation Coefficient

0.41
Relationship DirectionPositive 
Relationship StrengthWeak

Cash And Short Term Investments

Short Term Investments is an account in the current assets section of IHS Holding balance sheet. This account contains IHS Holding investments that will expire within one year. These investments include stocks and bonds that can be liquidated by IHS Holding 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.

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.
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 Profit672.3M804.4M1.0B828.2M
Total Revenue1.6B2.0B2.1B1.6B

IHS Holding fundamental ratios Correlations

0.71-0.220.690.230.420.160.69-0.240.510.130.980.130.720.310.32-0.710.780.070.060.880.680.470.840.240.75
0.71-0.280.48-0.470.85-0.380.97-0.810.680.250.680.240.6-0.220.6-0.540.99-0.30.460.840.650.820.50.290.63
-0.22-0.280.17-0.05-0.560.42-0.090.37-0.67-0.76-0.06-0.76-0.020.49-0.630.44-0.240.360.53-0.13-0.7-0.160.22-0.82-0.51
0.690.480.17-0.010.060.480.63-0.020.17-0.50.79-0.510.930.51-0.19-0.390.510.040.440.70.150.660.89-0.350.37
0.23-0.47-0.05-0.01-0.570.61-0.50.76-0.290.060.220.05-0.140.63-0.33-0.21-0.370.53-0.66-0.170.07-0.630.220.060.15
0.420.85-0.560.06-0.57-0.770.72-0.950.860.580.310.580.29-0.680.88-0.350.8-0.570.160.630.710.630.040.640.47
0.16-0.380.420.480.61-0.77-0.220.8-0.64-0.650.28-0.660.240.94-0.82-0.19-0.30.660.07-0.14-0.38-0.210.51-0.670.06
0.690.97-0.090.63-0.50.72-0.22-0.710.55-0.010.71-0.020.7-0.070.4-0.470.96-0.220.610.830.470.870.620.060.53
-0.24-0.810.37-0.020.76-0.950.8-0.71-0.74-0.46-0.16-0.46-0.240.73-0.810.23-0.740.64-0.36-0.53-0.54-0.670.06-0.47-0.34
0.510.68-0.670.17-0.290.86-0.640.55-0.740.580.390.580.45-0.590.83-0.280.65-0.64-0.180.680.80.50.120.780.42
0.130.25-0.76-0.50.060.58-0.65-0.01-0.460.58-0.061.0-0.33-0.620.81-0.330.22-0.33-0.520.080.73-0.1-0.410.890.42
0.980.68-0.060.790.220.310.280.71-0.160.39-0.06-0.070.770.430.17-0.650.750.140.170.870.530.490.930.070.67
0.130.24-0.76-0.510.050.58-0.66-0.02-0.460.581.0-0.07-0.34-0.620.81-0.320.22-0.33-0.520.080.73-0.1-0.420.890.41
0.720.6-0.020.93-0.140.290.240.7-0.240.45-0.330.77-0.340.260.03-0.350.61-0.180.370.80.330.720.79-0.130.38
0.31-0.220.490.510.63-0.680.94-0.070.73-0.59-0.620.43-0.620.26-0.77-0.2-0.120.690.13-0.01-0.29-0.160.65-0.640.09
0.320.6-0.63-0.19-0.330.88-0.820.4-0.810.830.810.170.810.03-0.77-0.340.56-0.56-0.190.490.740.3-0.160.850.46
-0.71-0.540.44-0.39-0.21-0.35-0.19-0.470.23-0.28-0.33-0.65-0.32-0.35-0.2-0.34-0.58-0.12-0.04-0.47-0.64-0.33-0.47-0.25-0.98
0.780.99-0.240.51-0.370.8-0.30.96-0.740.650.220.750.220.61-0.120.56-0.58-0.230.430.860.660.760.580.270.66
0.07-0.30.360.040.53-0.570.66-0.220.64-0.64-0.330.14-0.33-0.180.69-0.56-0.12-0.230.01-0.19-0.31-0.380.25-0.480.0
0.060.460.530.44-0.660.160.070.61-0.36-0.18-0.520.17-0.520.370.13-0.19-0.040.430.010.25-0.240.60.31-0.640.01
0.880.84-0.130.7-0.170.63-0.140.83-0.530.680.080.870.080.8-0.010.49-0.470.86-0.190.250.60.670.730.250.54
0.680.65-0.70.150.070.71-0.380.47-0.540.80.730.530.730.33-0.290.74-0.640.66-0.31-0.240.60.340.210.740.74
0.470.82-0.160.66-0.630.63-0.210.87-0.670.5-0.10.49-0.10.72-0.160.3-0.330.76-0.380.60.670.340.47-0.020.38
0.840.50.220.890.220.040.510.620.060.12-0.410.93-0.420.790.65-0.16-0.470.580.250.310.730.210.47-0.250.45
0.240.29-0.82-0.350.060.64-0.670.06-0.470.780.890.070.89-0.13-0.640.85-0.250.27-0.48-0.640.250.74-0.02-0.250.37
0.750.63-0.510.370.150.470.060.53-0.340.420.420.670.410.380.090.46-0.980.660.00.010.540.740.380.450.37
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IHS Holding Account Relationship Matchups

IHS Holding fundamental ratios Accounts

201920202021202220232024 (projected)
Other Current Liab103.4M165.2M52.5M(14.5M)304.6M174.0M
Total Current Liabilities566.5M683.6M830.6M1.3B1.2B858.9M
Retained Earnings(2.5B)(2.8B)(2.9B)(3.3B)(5.3B)(5.0B)
Accounts Payable338.4M301.8M499.4M669.1M330.6M209.5M
Net Receivables258.3M290.3M469.3M664.6M580.6M374.9M
Other Current Assets6.3M1.6M1.1M27.9M57.6M80.5M
Other Stockholder Equity(587.2M)(485.5M)(780.3M)(861.4M)5.3B5.6B
Total Current Assets1.2B989.3M1.4B1.3B972.6M946.2M
Other Assets66.2M205.0M245.6M167.6M192.8M202.4M
Other Liab49.6M236.2M190.1M272.3M313.1M217.1M
Net Tangible Assets462.5M(137.1M)12.3M(682.2M)(614.0M)(583.3M)
Inventory48.7M49.2M42.0M74.2M40.6M47.3M
Property Plant Equipment1.9B1.9B2.2B3.0B3.5B2.2B

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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.