Viemed Short Term Coverage Ratios from 2010 to 2024

VMD Stock  USD 8.67  0.11  1.29%   
Viemed Healthcare's Short Term Coverage Ratios is decreasing over the years with slightly volatile fluctuation. Overall, Short Term Coverage Ratios is expected to go to 61.03 this year. During the period from 2010 to 2024 Viemed Healthcare Short Term Coverage Ratios annual values regression line had geometric mean of  31.54 and mean square error of  9,022. View All Fundamentals
 
Short Term Coverage Ratios  
First Reported
2010-12-31
Previous Quarter
42.17537313
Current Value
61.03
Quarterly Volatility
139.38604807
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Viemed Healthcare financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Viemed Healthcare's main balance sheet or income statement drivers, such as Discontinued Operations of 0.0, Interest Expense of 310.2 K or Selling General Administrative of 50.5 M, as well as many indicators such as Price To Sales Ratio of 1.52, Dividend Yield of 0.1 or PTB Ratio of 3.98. Viemed financial statements analysis is a perfect complement when working with Viemed Healthcare Valuation or Volatility modules.
  
Check out the analysis of Viemed Healthcare Correlation against competitors.
For information on how to trade Viemed Stock refer to our How to Trade Viemed Stock guide.

Latest Viemed Healthcare's Short Term Coverage Ratios Growth Pattern

Below is the plot of the Short Term Coverage Ratios of Viemed Healthcare over the last few years. It is Viemed Healthcare's Short Term Coverage Ratios historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Viemed Healthcare's overall financial position and show how it may be relating to other accounts over time.
Short Term Coverage Ratios10 Years Trend
Slightly volatile
   Short Term Coverage Ratios   
       Timeline  

Viemed Short Term Coverage Ratios Regression Statistics

Arithmetic Mean114.91
Geometric Mean31.54
Coefficient Of Variation121.30
Mean Deviation125.82
Median42.18
Standard Deviation139.39
Sample Variance19,428
Range301
R-Value(0.75)
Mean Square Error9,022
R-Squared0.57
Significance0
Slope(23.51)
Total Sum of Squares271,999

Viemed Short Term Coverage Ratios History

2024 61.03
2023 42.18
2022 56.06
2021 11.57
2020 7.67
2017 2.16
2016 14.0

About Viemed Healthcare Financial Statements

Viemed Healthcare stakeholders use historical fundamental indicators, such as Viemed Healthcare's Short Term Coverage Ratios, to determine how well the company is positioned to perform in the future. Although Viemed Healthcare investors may analyze each financial statement separately, they are all interrelated. For example, changes in Viemed Healthcare's assets and liabilities are reflected in the revenues and expenses on Viemed Healthcare's 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 Viemed Healthcare. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Short Term Coverage Ratios 42.18  61.03 

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When determining whether Viemed Healthcare is a strong investment it is important to analyze Viemed Healthcare's 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 Viemed Healthcare's future performance. For an informed investment choice regarding Viemed Stock, refer to the following important reports:
Check out the analysis of Viemed Healthcare Correlation against competitors.
For information on how to trade Viemed Stock refer to our How to Trade Viemed Stock guide.
You can also try the Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.
Is Health Care Equipment & Supplies 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 Viemed Healthcare. If investors know Viemed 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 Viemed Healthcare 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
0.425
Earnings Share
0.25
Revenue Per Share
5.534
Quarterly Revenue Growth
0.174
Return On Assets
0.0686
The market value of Viemed Healthcare is measured differently than its book value, which is the value of Viemed that is recorded on the company's balance sheet. Investors also form their own opinion of Viemed Healthcare's value that differs from its market value or its book value, called intrinsic value, which is Viemed Healthcare'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 Viemed Healthcare's market value can be influenced by many factors that don't directly affect Viemed Healthcare'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 Viemed Healthcare's value and its price as these two are different measures arrived at by different means. Investors typically determine if Viemed Healthcare is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Viemed Healthcare'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.