CompuGroup Net Debt vs Other Current Assets Analysis

0MSD Stock

14.81 0.56 3.93%

CompuGroup Medical financial indicator trend analysis is way more than just evaluating CompuGroup Medical prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether CompuGroup Medical is a good investment. Please check the relationship between CompuGroup Medical Net Debt and its Other Current Assets accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in CompuGroup Medical AG. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Net Debt vs Other Current Assets

Net Debt vs Other Current Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of CompuGroup Medical Net Debt account and Other Current Assets. At this time, the significance of the direction appears to have weak relationship.

The correlation between CompuGroup Medical's Net Debt and Other Current Assets is 0.39. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Other Current Assets in the same time period over historical financial statements of CompuGroup Medical AG, assuming nothing else is changed. The correlation between historical values of CompuGroup Medical's Net Debt and Other Current Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Debt of CompuGroup Medical AG are associated (or correlated) with its Other Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Assets has no effect on the direction of Net Debt i.e., CompuGroup Medical's Net Debt and Other Current Assets go up and down completely randomly.

Correlation Coefficient

0.39

Relationship Direction	Positive
Relationship Strength	Very Weak

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Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.

Other Current Assets

Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.

Most indicators from CompuGroup Medical's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into CompuGroup Medical 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 CompuGroup Medical AG. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Selling General Administrative is likely to gain to about 47.5 M in 2024, whereas Tax Provision is likely to drop slightly above 39.6 M in 2024.

	2021	2022	2023	2024 (projected)
Interest Expense	5.4M	9.1M	24.3M	25.5M
Depreciation And Amortization	110.7M	112.3M	115.8M	121.6M

Interest Expense Depreciation And Amortization

CompuGroup Medical fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Common Stock	Accounts Payable	Other Assets	Short Term Debt	Short Long Term Debt Total	Current Deferred Revenue	Short Term Investments	Non Current Liabilities Total
Total Assets		0.59	0.97	0.88	0.97	0.96	0.86	0.93	1.0	0.73	0.93	0.66	0.72	0.79	0.51	0.07	0.99	0.99	0.6	0.97	0.35	0.57	0.98	0.62	-0.23	0.98
Other Current Liab	0.59		0.6	0.79	0.57	0.61	0.85	0.43	0.6	0.42	0.43	0.5	0.83	0.37	0.18	-0.16	0.59	0.55	0.93	0.51	0.35	0.22	0.61	0.84	-0.23	0.65
Total Current Liabilities	0.97	0.6		0.85	0.96	0.97	0.85	0.93	0.97	0.64	0.93	0.69	0.76	0.76	0.42	0.01	0.98	0.96	0.62	0.94	0.44	0.71	0.97	0.64	-0.16	0.97
Total Stockholder Equity	0.88	0.79	0.85		0.83	0.8	0.99	0.85	0.88	0.65	0.84	0.49	0.9	0.66	0.52	0.12	0.85	0.87	0.67	0.85	0.22	0.5	0.86	0.77	-0.31	0.85
Property Plant And Equipment Net	0.97	0.57	0.96	0.83		0.96	0.83	0.89	0.97	0.67	0.89	0.66	0.68	0.87	0.48	0.05	0.97	0.97	0.61	0.94	0.39	0.59	0.97	0.62	-0.2	0.97
Net Debt	0.96	0.61	0.97	0.8	0.96		0.8	0.86	0.96	0.64	0.86	0.76	0.69	0.78	0.39	-0.06	0.98	0.96	0.68	0.92	0.45	0.57	0.98	0.62	-0.16	0.99
Retained Earnings	0.86	0.85	0.85	0.99	0.83	0.8		0.81	0.87	0.61	0.81	0.49	0.93	0.64	0.47	0.08	0.84	0.84	0.74	0.81	0.29	0.51	0.85	0.83	-0.28	0.85
Cash	0.93	0.43	0.93	0.85	0.89	0.86	0.81		0.93	0.68	1.0	0.54	0.68	0.73	0.5	0.09	0.92	0.93	0.38	0.94	0.3	0.75	0.92	0.56	-0.25	0.89
Non Current Assets Total	1.0	0.6	0.97	0.88	0.97	0.96	0.87	0.93		0.73	0.93	0.65	0.72	0.77	0.51	0.08	0.99	0.99	0.61	0.96	0.35	0.56	0.98	0.63	-0.22	0.98
Non Currrent Assets Other	0.73	0.42	0.64	0.65	0.67	0.64	0.61	0.68	0.73		0.68	0.56	0.36	0.62	0.24	-0.08	0.71	0.72	0.31	0.76	0.28	0.2	0.71	0.23	-0.09	0.7
Cash And Short Term Investments	0.93	0.43	0.93	0.84	0.89	0.86	0.81	1.0	0.93	0.68		0.53	0.68	0.73	0.49	0.1	0.92	0.93	0.38	0.93	0.31	0.75	0.92	0.56	-0.22	0.89
Net Receivables	0.66	0.5	0.69	0.49	0.66	0.76	0.49	0.54	0.65	0.56	0.53		0.34	0.59	-0.11	-0.63	0.73	0.7	0.54	0.72	0.57	0.32	0.74	0.34	-0.31	0.74
Common Stock Shares Outstanding	0.72	0.83	0.76	0.9	0.68	0.69	0.93	0.68	0.72	0.36	0.68	0.34		0.47	0.44	0.16	0.69	0.69	0.75	0.65	0.25	0.54	0.69	0.81	-0.15	0.72
Inventory	0.79	0.37	0.76	0.66	0.87	0.78	0.64	0.73	0.77	0.62	0.73	0.59	0.47		0.32	-0.04	0.81	0.84	0.34	0.84	0.41	0.42	0.8	0.34	-0.29	0.8
Other Current Assets	0.51	0.18	0.42	0.52	0.48	0.39	0.47	0.5	0.51	0.24	0.49	-0.11	0.44	0.32		0.67	0.44	0.49	0.16	0.43	-0.41	0.28	0.43	0.35	-0.13	0.43
Other Stockholder Equity	0.07	-0.16	0.01	0.12	0.05	-0.06	0.08	0.09	0.08	-0.08	0.1	-0.63	0.16	-0.04	0.67		-0.02	0.03	-0.14	-0.04	-0.49	0.04	-0.06	0.07	0.36	-0.04
Total Liab	0.99	0.59	0.98	0.85	0.97	0.98	0.84	0.92	0.99	0.71	0.92	0.73	0.69	0.81	0.44	-0.02		0.99	0.62	0.96	0.42	0.59	1.0	0.61	-0.22	0.99
Total Current Assets	0.99	0.55	0.96	0.87	0.97	0.96	0.84	0.93	0.99	0.72	0.93	0.7	0.69	0.84	0.49	0.03	0.99		0.56	0.98	0.34	0.56	0.98	0.57	-0.27	0.98
Common Stock	0.6	0.93	0.62	0.67	0.61	0.68	0.74	0.38	0.61	0.31	0.38	0.54	0.75	0.34	0.16	-0.14	0.62	0.56		0.47	0.38	0.2	0.62	0.8	-0.11	0.67
Accounts Payable	0.97	0.51	0.94	0.85	0.94	0.92	0.81	0.94	0.96	0.76	0.93	0.72	0.65	0.84	0.43	-0.04	0.96	0.98	0.47		0.32	0.57	0.96	0.5	-0.33	0.95
Other Assets	0.35	0.35	0.44	0.22	0.39	0.45	0.29	0.3	0.35	0.28	0.31	0.57	0.25	0.41	-0.41	-0.49	0.42	0.34	0.38	0.32		0.3	0.41	0.24	0.1	0.42
Short Term Debt	0.57	0.22	0.71	0.5	0.59	0.57	0.51	0.75	0.56	0.2	0.75	0.32	0.54	0.42	0.28	0.04	0.59	0.56	0.2	0.57	0.3		0.59	0.51	-0.02	0.55
Short Long Term Debt Total	0.98	0.61	0.97	0.86	0.97	0.98	0.85	0.92	0.98	0.71	0.92	0.74	0.69	0.8	0.43	-0.06	1.0	0.98	0.62	0.96	0.41	0.59		0.64	-0.24	0.99
Current Deferred Revenue	0.62	0.84	0.64	0.77	0.62	0.62	0.83	0.56	0.63	0.23	0.56	0.34	0.81	0.34	0.35	0.07	0.61	0.57	0.8	0.5	0.24	0.51	0.64		-0.18	0.64
Short Term Investments	-0.23	-0.23	-0.16	-0.31	-0.2	-0.16	-0.28	-0.25	-0.22	-0.09	-0.22	-0.31	-0.15	-0.29	-0.13	0.36	-0.22	-0.27	-0.11	-0.33	0.1	-0.02	-0.24	-0.18		-0.22
Non Current Liabilities Total	0.98	0.65	0.97	0.85	0.97	0.99	0.85	0.89	0.98	0.7	0.89	0.74	0.72	0.8	0.43	-0.04	0.99	0.98	0.67	0.95	0.42	0.55	0.99	0.64	-0.22

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CompuGroup Medical Account Relationship Matchups

CompuGroup Medical fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	1.1B	1.6B	1.8B	1.9B	1.9B	988.6M
Other Current Liab	61.2M	71.5M	73.5M	89.6M	169.4M	177.9M
Total Current Liabilities	236.3M	290.5M	398.3M	375.5M	346.8M	220.4M
Total Stockholder Equity	259.1M	638.7M	612.1M	672.4M	667.7M	701.1M
Property Plant And Equipment Net	131.3M	136.3M	158M	160.9M	165.7M	86.1M
Net Debt	467.0M	479.9M	634.0M	696.0M	702.5M	355.9M
Retained Earnings	221.5M	273.1M	310.7M	611.3M	702.9M	738.1M
Cash	43.8M	74.6M	107.3M	90.5M	64.5M	42.4M
Non Current Assets Total	832.9M	1.3B	1.4B	1.5B	1.5B	787.0M
Non Currrent Assets Other	24.5M	25.3M	27.4M	56.3M	41.6M	22.5M
Cash And Short Term Investments	44.7M	75.6M	107.6M	91.0M	64.5M	43.1M
Net Receivables	119.9M	(1K)	182.6M	221.9M	211.1M	107.0M
Common Stock Shares Outstanding	49.4M	53.7M	53.0M	52.3M	52.5M	55.5M
Liabilities And Stockholders Equity	1.1B	1.6B	1.8B	1.9B	1.9B	988.6M
Inventory	27.5M	18.2M	20.6M	29.4M	18.9M	11.5M
Other Current Assets	39.1M	214.3M	60.0M	78.9M	75.3M	46.9M
Other Stockholder Equity	(86.3M)	531.2M	(98.8M)	(105.2M)	(94.7M)	(90.0M)
Total Liab	805.9M	926.8M	1.2B	1.3B	1.2B	665.6M
Total Current Assets	232.9M	308.1M	370.8M	420.8M	369.8M	201.6M
Accounts Payable	47.1M	64.5M	93.2M	110.6M	82.3M	44.0M
Short Term Debt	57.9M	56.3M	115.7M	53.3M	25.9M	49.4M
Short Long Term Debt Total	510.8M	554.5M	741.3M	786.5M	766.9M	448.1M
Current Deferred Revenue	118.0M	154.1M	177.6M	69.0M	220.1M	231.1M
Short Term Investments	944K	1.0M	340K	551K	146K	138.7K
Non Current Liabilities Total	569.6M	636.3M	780.2M	895.1M	883.8M	498.0M
Intangible Assets	337.4M	545.7M	625.9M	654.7M	625.8M	419.2M
Accumulated Other Comprehensive Income	(33.1M)	53.7M	(45.1M)	(51.5M)	719.1M	755.1M
Good Will	330.9M	542.4M	588.4M	639.2M	684.1M	414.6M
Long Term Debt	318.1M	302.6M	424.5M	470.2M	540.7M	402.9M
Property Plant Equipment	131.3M	136.3M	158M	160.9M	185.0M	129.9M
Other Liab	116.7M	138.1M	154.6M	162.0M	186.3M	134.3M
Net Tangible Assets	(407.9M)	(447.1M)	(599.3M)	(618.4M)	(556.6M)	(584.4M)

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CompuGroup Net Debt vs Other Current Assets Analysis

Net Debt vs Other Current Assets

Net Debt vs Other Current Assets Correlation Analysis

Correlation Coefficient

Net Debt

Other Current Assets

CompuGroup Medical fundamental ratios Correlations

CompuGroup Medical Account Relationship Matchups

High Positive Relationship

High Negative Relationship

CompuGroup Medical fundamental ratios Accounts

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Additional Tools for CompuGroup Stock Analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Non Current Assets Total	+ 1.0	Total Assets
Cash And Short Term Investments	+ 1.0	Cash
Short Long Term Debt Total	+ 1.0	Total Liab
Total Liab	+ 0.99	Total Assets
Total Current Assets	+ 0.99	Total Assets
Retained Earnings	+ 0.99	Total Stockholder Equity

Other Stockholder Equity	- 0.63	Net Receivables
Other Assets	- 0.49	Other Stockholder Equity
Other Assets	- 0.41	Other Current Assets
Short Term Investments	- 0.33	Accounts Payable
Short Term Investments	- 0.31	Net Receivables
Short Term Investments	- 0.31	Total Stockholder Equity