Meinian Selling General Administrative vs Ebit Analysis

002044 Stock   4.89  0.23  4.49%   
Meinian Onehealth financial indicator trend analysis is infinitely more than just investigating Meinian Onehealth recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Meinian Onehealth is a good investment. Please check the relationship between Meinian Onehealth Selling General Administrative and its Ebit accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Meinian Onehealth Healthcare. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

Selling General Administrative vs Ebit

Selling General Administrative vs Ebit Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Meinian Onehealth Selling General Administrative account and Ebit. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Meinian Onehealth's Selling General Administrative and Ebit is 0.47. Overlapping area represents the amount of variation of Selling General Administrative that can explain the historical movement of Ebit in the same time period over historical financial statements of Meinian Onehealth Healthcare, assuming nothing else is changed. The correlation between historical values of Meinian Onehealth's Selling General Administrative and Ebit is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Selling General Administrative of Meinian Onehealth Healthcare are associated (or correlated) with its Ebit. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ebit has no effect on the direction of Selling General Administrative i.e., Meinian Onehealth's Selling General Administrative and Ebit go up and down completely randomly.

Correlation Coefficient

0.47
Relationship DirectionPositive 
Relationship StrengthWeak

Selling General Administrative

Ebit

Most indicators from Meinian Onehealth's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Meinian Onehealth 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Meinian Onehealth Healthcare. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
The current year's Selling General Administrative is expected to grow to about 859.3 M, whereas Tax Provision is forecasted to decline to about 144.1 M.
 2021 2022 2023 2024 (projected)
Operating Income774.9M86.4M1.2B1.3B
Total Revenue9.2B8.5B10.9B11.4B

Meinian Onehealth fundamental ratios Correlations

0.641.00.990.90.830.980.90.810.990.850.770.990.90.980.90.510.030.440.960.620.10.940.940.980.96
0.640.640.670.690.790.590.650.80.640.330.850.610.360.590.350.61-0.050.380.650.640.050.650.710.60.61
1.00.640.980.930.810.980.910.80.980.860.771.00.90.980.890.510.00.450.950.610.110.950.950.990.96
0.990.670.980.880.860.960.90.830.980.80.780.970.870.980.870.50.10.430.950.640.010.920.920.950.94
0.90.690.930.880.760.860.970.860.90.70.830.910.710.890.680.7-0.080.370.850.720.110.940.970.90.81
0.830.790.810.860.760.750.760.940.850.530.870.790.60.790.620.660.10.180.870.8-0.030.860.790.80.8
0.980.590.980.960.860.750.820.70.940.920.680.980.950.970.940.350.00.480.920.490.120.90.890.980.97
0.90.650.910.90.970.760.820.880.920.640.820.890.690.880.670.740.030.410.860.740.060.910.970.870.8
0.810.80.80.830.860.940.70.880.860.450.940.790.510.770.520.850.020.20.840.89-0.010.90.880.780.74
0.990.640.980.980.90.850.940.920.860.790.810.980.850.970.870.580.00.40.940.680.050.950.940.970.94
0.850.330.860.80.70.530.920.640.450.790.450.880.960.850.940.120.00.420.80.260.190.760.730.880.89
0.770.850.770.780.830.870.680.820.940.810.450.750.50.710.470.840.050.090.820.870.00.850.830.730.7
0.990.611.00.970.910.790.980.890.790.980.880.750.920.970.910.5-0.010.450.950.590.150.950.940.990.97
0.90.360.90.870.710.60.950.690.510.850.960.50.920.90.980.160.090.420.860.310.160.790.760.920.93
0.980.590.980.980.890.790.970.880.770.970.850.710.970.90.910.430.010.430.910.59-0.030.920.910.970.92
0.90.350.890.870.680.620.940.670.520.870.940.470.910.980.910.13-0.010.470.830.290.110.770.740.910.92
0.510.610.510.50.70.660.350.740.850.580.120.840.50.160.430.130.0-0.050.580.890.050.690.690.480.4
0.03-0.050.00.1-0.080.10.00.030.020.00.00.05-0.010.090.01-0.010.0-0.190.160.16-0.36-0.02-0.02-0.050.0
0.440.380.450.430.370.180.480.410.20.40.420.090.450.420.430.47-0.05-0.190.31-0.160.380.250.480.420.48
0.960.650.950.950.850.870.920.860.840.940.80.820.950.860.910.830.580.160.310.680.140.940.910.940.96
0.620.640.610.640.720.80.490.740.890.680.260.870.590.310.590.290.890.16-0.160.68-0.310.770.70.60.48
0.10.050.110.010.11-0.030.120.06-0.010.050.190.00.150.16-0.030.110.05-0.360.380.14-0.310.090.150.120.26
0.940.650.950.920.940.860.90.910.90.950.760.850.950.790.920.770.69-0.020.250.940.770.090.950.950.89
0.940.710.950.920.970.790.890.970.880.940.730.830.940.760.910.740.69-0.020.480.910.70.150.950.930.88
0.980.60.990.950.90.80.980.870.780.970.880.730.990.920.970.910.48-0.050.420.940.60.120.950.930.96
0.960.610.960.940.810.80.970.80.740.940.890.70.970.930.920.920.40.00.480.960.480.260.890.880.96
Click cells to compare fundamentals

Meinian Onehealth Account Relationship Matchups

Meinian Onehealth fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets18.9B18.3B18.9B18.3B19.5B20.4B
Other Current Liab2.2B4.4B2.4B2.7B101.4M96.3M
Total Current Liabilities8.0B8.1B7.0B7.6B8.2B8.6B
Total Stockholder Equity7.3B8.0B8.0B7.5B7.7B8.1B
Other Liab196.0M180.6M81.3M112.0M128.8M135.2M
Retained Earnings1.3B1.8B1.9B1.3B1.3B673.2M
Accounts Payable863.6M1.1B995.0M1.2B1.2B1.3B
Cash4.8B3.5B2.3B2.0B2.8B2.9B
Other Assets1.9B1.7B1.4B874.6M1.0B538.2M
Net Receivables3.3B2.5B3.2B2.6B2.8B2.9B
Inventory129.6M133.9M149.4M221.0M227.1M238.4M
Other Current Assets469.7M373.6M259.7M365.6M111.0M135.1M
Total Liab10.8B9.6B10.1B10.1B11.0B11.6B
Intangible Assets163.9M158.0M232.8M326.7M345.3M362.6M
Common Stock2.6B3.1B3.9B3.9B4.5B4.7B
Property Plant Equipment2.7B2.5B5.1B5.1B5.8B6.1B
Long Term Debt2.8B1.4B661M17.5M122M115.9M
Short Term Investments32.0M2M1.4M5.1M5.0M6.9M
Net Tangible Assets3.0B3.8B3.8B2.8B3.2B3.1B
Good Will4.1B4.0B4.1B4.3B4.6B3.8B
Deferred Long Term Liab736.4M595.4M460.9M398.4M358.6M453.8M
Short Long Term Debt2.3B1.9B1.4B1.6B2.1B1.7B
Total Current Assets8.7B7.8B5.9B5.5B6.5B6.1B
Non Current Assets Total10.2B10.6B13.0B12.8B13.0B11.2B
Non Currrent Assets Other237.3M531.1M584.7M168.0M266.7M300.0M
Non Current Liabilities Total2.8B1.6B3.1B2.4B2.8B2.3B
Other Stockholder Equity(379.4K)10.8M10.5M11.0M12.7M13.3M
Non Current Liabilities Other1.0M2.5M2.5M2.5M15.0M26.9M
Net Invested Capital12.2B11.4B10.1B9.1B9.9B8.3B
Net Working Capital708.4M(301.7M)(1.1B)(2.1B)(1.7B)(1.6B)

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Other Information on Investing in Meinian Stock

Balance Sheet is a snapshot of the financial position of Meinian Onehealth at a specified time, usually calculated after every quarter, six months, or one year. Meinian Onehealth Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Meinian Onehealth and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Meinian currently owns. An asset can also be divided into two categories, current and non-current.