Healthcare Other Stockholder Equity vs Other Assets Analysis
603313 Stock | 7.39 0.27 3.79% |
Healthcare financial indicator trend analysis is much more than just examining Healthcare latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Healthcare is a good investment. Please check the relationship between Healthcare Other Stockholder Equity and its Other Assets accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Healthcare Co. 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.
Other Stockholder Equity vs Other Assets
Other Stockholder Equity vs Other Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Healthcare Other Stockholder Equity account and Other Assets. At this time, the significance of the direction appears to have pay attention.
The correlation between Healthcare's Other Stockholder Equity and Other Assets is -0.82. Overlapping area represents the amount of variation of Other Stockholder Equity that can explain the historical movement of Other Assets in the same time period over historical financial statements of Healthcare Co, assuming nothing else is changed. The correlation between historical values of Healthcare's Other Stockholder Equity and Other 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 Other Stockholder Equity of Healthcare Co are associated (or correlated) with its Other Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Assets has no effect on the direction of Other Stockholder Equity i.e., Healthcare's Other Stockholder Equity and Other Assets go up and down completely randomly.
Correlation Coefficient | -0.82 |
Relationship Direction | Negative |
Relationship Strength | Significant |
Other Stockholder Equity
Other Assets
Most indicators from Healthcare's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Healthcare 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 Healthcare Co. 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. The current year's Selling General Administrative is expected to grow to about 1.5 B, whereas Tax Provision is forecasted to decline to about 34.2 M.
2021 | 2022 | 2023 | 2024 (projected) | Operating Income | 208.3M | 307.0M | 607.5M | 336.1M | Total Revenue | 8.1B | 8.0B | 8.0B | 8.4B |
Healthcare fundamental ratios Correlations
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Healthcare Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Healthcare fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 4.6B | 7.1B | 9.2B | 9.1B | 10.1B | 10.6B | |
Other Current Liab | 139.6M | 519.5M | 361.1M | 370.6M | 6.3M | 6.0M | |
Total Current Liabilities | 2.0B | 2.7B | 4.2B | 3.9B | 4.3B | 4.5B | |
Total Stockholder Equity | 2.3B | 3.6B | 2.9B | 3.0B | 3.9B | 4.1B | |
Retained Earnings | 864.7M | 1.2B | 836.1M | 877.4M | 782.4M | 594.0M | |
Accounts Payable | 503.6M | 933.9M | 1.5B | 1.3B | 1.5B | 1.5B | |
Cash | 810.7M | 1.1B | 994.5M | 555.1M | 1.1B | 603.5M | |
Other Assets | 96.0M | 289.7M | 424.2M | 535.5M | 615.8M | 646.6M | |
Net Receivables | 891.3M | 997.2M | 1.1B | 1.3B | 1.5B | 1.6B | |
Inventory | 741.8M | 1.4B | 1.9B | 1.7B | 1.7B | 1.8B | |
Other Current Assets | 164.6M | 269.9M | 195.9M | 161.6M | 53.7M | 92.6M | |
Total Liab | 2.2B | 3.4B | 6.2B | 6.0B | 6.1B | 6.4B | |
Intangible Assets | 178.2M | 180.0M | 196.8M | 170.7M | 167.2M | 120.5M | |
Common Stock | 333.6M | 374.4M | 486.5M | 485.3M | 558.1M | 289.0M | |
Property Plant Equipment | 1.5B | 2.2B | 3.7B | 4.0B | 4.6B | 4.8B | |
Other Liab | 16.3M | 92.3M | 164.6M | 216.3M | 248.7M | 261.1M | |
Net Tangible Assets | 2.1B | 3.1B | 2.4B | 2.5B | 2.9B | 2.1B | |
Long Term Debt | 181.1M | 607.3M | 785.5M | 559.4M | 119.5M | 113.5M | |
Other Stockholder Equity | 40.8M | (24.1M) | (219.3M) | (175.6M) | (158.1M) | (150.2M) | |
Deferred Long Term Liab | 34.4M | 132.3M | 189.8M | 262.8M | 302.2M | 317.4M | |
Non Current Assets Total | 2.0B | 3.2B | 4.8B | 5.2B | 5.3B | 3.2B | |
Non Currrent Assets Other | 8.9M | 32.0M | 26.4M | 26.1M | 42.1M | 26.8M | |
Non Current Liabilities Total | 197.4M | 699.6M | 2.0B | 2.1B | 1.8B | 1.0B | |
Short Long Term Debt | 999.4M | 1.1B | 1.6B | 1.7B | 1.6B | 1.1B | |
Total Current Assets | 2.6B | 3.8B | 4.4B | 3.9B | 4.7B | 3.4B | |
Non Current Liabilities Other | 3.2M | 43.0M | 112.0M | 122.5M | 125.2M | 131.5M | |
Good Will | 91.1M | 321.0M | 320.6M | 287.6M | 278.1M | 223.0M | |
Common Stock Shares Outstanding | 333.6M | 374.4M | 486.5M | 485.3M | 570.6M | 451.7M | |
Net Invested Capital | 3.5B | 5.3B | 5.3B | 5.2B | 5.6B | 4.7B | |
Net Working Capital | 589.8M | 1.2B | 232.9M | (22.3M) | 395.8M | 460.9M | |
Capital Stock | 333.6M | 374.4M | 486.5M | 485.3M | 570.6M | 456.6M |
Currently Active Assets on Macroaxis
Other Information on Investing in Healthcare Stock
Balance Sheet is a snapshot of the financial position of Healthcare at a specified time, usually calculated after every quarter, six months, or one year. Healthcare Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Healthcare 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 Healthcare currently owns. An asset can also be divided into two categories, current and non-current.