Sonic Healthcare Financials
| SKHHY Stock | USD 18.60 0.25 1.36% |
Sonic |
Understanding current and past Sonic Healthcare Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Sonic Healthcare's financial statements are interrelated, with each one affecting the others. For example, an increase in Sonic Healthcare's assets may result in an increase in income on the income statement.
Please note, the imprecision that can be found in Sonic Healthcare's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Sonic Healthcare Ltd. Check Sonic Healthcare's Beneish M Score to see the likelihood of Sonic Healthcare's management manipulating its earnings.
Sonic Healthcare Stock Summary
Sonic Healthcare competes with Neuronetics, Intelligent Bio, Biodesix, Precipio, and ProPhase Labs. Sonic Healthcare Limited offers medical diagnostic services to medical practitioners, hospitals, community health services, and their collective patients. Sonic Healthcare Limited was incorporated in 1934 and is headquartered in Sydney, Australia. Sonic Healthcare operates under Diagnostics Research classification in the United States and is traded on OTC Exchange. It employs 41000 people.| Instrument | USA Pink Sheet View All |
| Exchange | PINK Exchange |
| ISIN | US83546A2033 |
| Business Address | Grosvenor Place, Sydney, |
| Sector | Healthcare |
| Industry | Diagnostics & Research |
| Benchmark | Dow Jones Industrial |
| Website | www.sonichealthcare.com |
| Phone | 61 2 9855 5444 |
| Currency | USD - US Dollar |
Sonic Healthcare Key Financial Ratios
Sonic Healthcare's financial ratios allow both analysts and investors to convert raw data from Sonic Healthcare's financial statements into concise, actionable information that can be used to evaluate the performance of Sonic Healthcare over time and compare it to other companies across industries.Sonic Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Sonic Healthcare's current stock value. Our valuation model uses many indicators to compare Sonic Healthcare value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Sonic Healthcare competition to find correlations between indicators driving Sonic Healthcare's intrinsic value. More Info.Sonic Healthcare Ltd is currently regarded as top stock in return on equity category among its peers. It also is currently regarded as top stock in return on asset category among its peers reporting about 0.51 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Sonic Healthcare Ltd is roughly 1.96 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Sonic Healthcare by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Sonic Healthcare's Pink Sheet. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.Sonic Healthcare Systematic Risk
Sonic Healthcare's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Sonic Healthcare volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was three with a total number of output elements of fifty-eight. The Beta measures systematic risk based on how returns on Sonic Healthcare correlated with the market. If Beta is less than 0 Sonic Healthcare generally moves in the opposite direction as compared to the market. If Sonic Healthcare Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Sonic Healthcare is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Sonic Healthcare is generally in the same direction as the market. If Beta > 1 Sonic Healthcare moves generally in the same direction as, but more than the movement of the benchmark.
Sonic Healthcare November 23, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Sonic Healthcare help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Sonic Healthcare Ltd. We use our internally-developed statistical techniques to arrive at the intrinsic value of Sonic Healthcare Ltd based on widely used predictive technical indicators. In general, we focus on analyzing Sonic Pink Sheet price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Sonic Healthcare's daily price indicators and compare them against related drivers.
| Downside Deviation | 1.89 | |||
| Information Ratio | (0.04) | |||
| Maximum Drawdown | 10.05 | |||
| Value At Risk | (3.18) | |||
| Potential Upside | 3.14 |
Additional Tools for Sonic Pink Sheet Analysis
When running Sonic Healthcare's price analysis, check to measure Sonic Healthcare'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 Sonic Healthcare is operating at the current time. Most of Sonic Healthcare's value examination focuses on studying past and present price action to predict the probability of Sonic Healthcare's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sonic Healthcare's price. Additionally, you may evaluate how the addition of Sonic Healthcare to your portfolios can decrease your overall portfolio volatility.