300146 Stock | | | 12.52 0.14 1.13% |
By Health financial indicator trend analysis is way more than just evaluating By health prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether By health is a good investment. Please check the relationship between By Health Total Assets and its Total Revenue accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in By health. 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.
Total Assets vs Total Revenue
Total Assets vs Total Revenue Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
By health Total Assets account and
Total Revenue. At this time, the significance of the direction appears to have totally related.
The correlation between By Health's Total Assets and Total Revenue is 0.99. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Total Revenue in the same time period over historical financial statements of By health, assuming nothing else is changed. The correlation between historical values of By Health's Total Assets and Total Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Assets of By health are associated (or correlated) with its Total Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Revenue has no effect on the direction of Total Assets i.e., By Health's Total Assets and Total Revenue go up and down completely randomly.
Correlation Coefficient | 0.99 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Total Assets
Total assets refers to the total amount of By Health assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in By health books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.
Total Revenue
Total revenue comprises all receipts By health generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.
Most indicators from By Health's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into By health 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 By health. 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 3.5
B, whereas
Tax Provision is forecasted to decline to about 250.5
M.
| 2021 | 2022 | 2023 | 2024 (projected) |
Operating Income | 1.9B | 1.6B | 1.9B | 2.0B | Total Revenue | 7.4B | 7.9B | 9.4B | 9.9B |
By Health fundamental ratios Correlations
Click cells to compare fundamentals
By Health Account Relationship Matchups
High Positive Relationship
High Negative Relationship
By Health fundamental ratios Accounts
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Other Information on Investing in 300146 Stock
Balance Sheet is a snapshot of the
financial position of By health at a specified time, usually calculated after every quarter, six months, or one year. By Health Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of By Health 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 300146 currently owns. An asset can also be divided into two categories, current and non-current.