Healthcare Net Tangible Assets from 2010 to 2026

HCSG Stock  USD 19.48  0.18  0.93%   
Healthcare Services' Net Tangible Assets are increasing over the last several years with slightly volatile swings. Net Tangible Assets are predicted to flatten to about 324.8 M. Net Tangible Assets is the total assets of Healthcare Services Group minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company. View All Fundamentals
 
Net Tangible Assets  
First Reported
2010-06-30
Previous Quarter
449.2 M
Current Value
462.1 M
Quarterly Volatility
84 M
 
Credit Downgrade
 
Yuan Drop
 
Covid
 
Interest Hikes
Check Healthcare Services financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Healthcare Services' main balance sheet or income statement drivers, such as Depreciation And Amortization of 17.6 M, Interest Expense of 7.8 M or Total Revenue of 2.1 B, as well as many indicators such as Price To Sales Ratio of 0.55, Dividend Yield of 0.0671 or PTB Ratio of 2.8. Healthcare financial statements analysis is a perfect complement when working with Healthcare Services Valuation or Volatility modules.
  
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Check out the analysis of Healthcare Services Correlation against competitors.
The Net Tangible Assets trend for Healthcare Services Group offers valuable insights into the company's financial trajectory and strategic direction. By examining multi-year patterns, investors can identify whether Healthcare Services is strengthening or weakening its position, and how this metric correlates with broader market conditions and industry benchmarks.

Latest Healthcare Services' Net Tangible Assets Growth Pattern

Below is the plot of the Net Tangible Assets of Healthcare Services Group over the last few years. It is the total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company. Healthcare Services' Net Tangible Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Healthcare Services' overall financial position and show how it may be relating to other accounts over time.
Net Tangible Assets10 Years Trend
Slightly volatile
   Net Tangible Assets   
       Timeline  

Healthcare Net Tangible Assets Regression Statistics

Arithmetic Mean304,119,078
Geometric Mean294,590,130
Coefficient Of Variation25.08
Mean Deviation66,541,594
Median324,847,234
Standard Deviation76,268,944
Sample Variance5817T
Range229.2M
R-Value0.81
Mean Square Error2133.9T
R-Squared0.66
Significance0.000081
Slope12,233,720
Total Sum of Squares93071.2T

Healthcare Net Tangible Assets History

2026324.8 M
2025394.2 M
2022342.8 M
2021357.1 M
2020422.6 M
2019398.5 M
2018363.2 M

About Healthcare Services Financial Statements

Healthcare Services stakeholders use historical fundamental indicators, such as Healthcare Services' Net Tangible Assets, to determine how well the company is positioned to perform in the future. Although Healthcare Services investors may analyze each financial statement separately, they are all interrelated. For example, changes in Healthcare Services' assets and liabilities are reflected in the revenues and expenses on Healthcare Services' income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Healthcare Services Group. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Net Tangible Assets394.2 M324.8 M

Currently Active Assets on Macroaxis

When determining whether Healthcare Services is a strong investment it is important to analyze Healthcare Services' 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 Healthcare Services' future performance. For an informed investment choice regarding Healthcare Stock, refer to the following important reports:
Check out the analysis of Healthcare Services Correlation against competitors.
You can also try the Stock Screener module to find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook..
Can Commercial Services & Supplies industry sustain growth momentum? Does Healthcare have expansion opportunities? Factors like these will boost the valuation of Healthcare Services. Market participants price Healthcare higher when confident in its future expansion prospects. Determining accurate worth demands scrutiny of both present operating results and projected expansion capacity. Evaluating Healthcare Services demands reviewing these metrics collectively while recognizing certain factors exert disproportionate influence.
Quarterly Earnings Growth
2.105
Earnings Share
0.54
Revenue Per Share
24.72
Quarterly Revenue Growth
0.085
Return On Assets
0.0283
Investors evaluate Healthcare Services using market value (trading price) and book value (balance sheet equity), each telling a different story. Calculating Healthcare Services' intrinsic value - the estimated true worth - helps identify when the stock trades at a discount or premium to fair value. Market participants employ diverse analytical approaches to determine fair value and identify buying opportunities when prices dip below calculated worth. External factors like market trends, sector rotation, and investor psychology can cause Healthcare Services' market price to deviate significantly from intrinsic value.
Please note, there is a significant difference between Healthcare Services' value and its price as these two are different measures arrived at by different means. Investors typically determine if Healthcare Services is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. Conversely, Healthcare Services' market price signifies the transaction level at which participants voluntarily complete trades.