Austco Property Plant And Equipment Net vs Retained Earnings Analysis

AHC Stock   0.25  0.01  4.17%   
Austco Healthcare financial indicator trend analysis is way more than just evaluating Austco Healthcare prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Austco Healthcare is a good investment. Please check the relationship between Austco Healthcare Property Plant And Equipment Net and its Retained Earnings accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Austco 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 board of governors.

Property Plant And Equipment Net vs Retained Earnings

Property Plant And Equipment Net vs Retained Earnings Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Austco Healthcare Property Plant And Equipment Net account and Retained Earnings. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Austco Healthcare's Property Plant And Equipment Net and Retained Earnings is 0.49. Overlapping area represents the amount of variation of Property Plant And Equipment Net that can explain the historical movement of Retained Earnings in the same time period over historical financial statements of Austco Healthcare, assuming nothing else is changed. The correlation between historical values of Austco Healthcare's Property Plant And Equipment Net and Retained Earnings is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant And Equipment Net of Austco Healthcare are associated (or correlated) with its Retained Earnings. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Retained Earnings has no effect on the direction of Property Plant And Equipment Net i.e., Austco Healthcare's Property Plant And Equipment Net and Retained Earnings go up and down completely randomly.

Correlation Coefficient

0.49
Relationship DirectionPositive 
Relationship StrengthWeak

Property Plant And Equipment Net

The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.
Most indicators from Austco Healthcare's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Austco 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 Austco 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 board of governors.
Selling General Administrative is likely to drop to about 1.4 M in 2024. Tax Provision is likely to gain to about (378.8 K) in 2024
 2021 2022 2023 2024 (projected)
Interest Expense52K68K149K91.5K
Depreciation And Amortization1.4M1.7M2.3M2.4M

Austco Healthcare fundamental ratios Correlations

0.220.430.70.990.95-0.910.420.590.930.950.930.720.460.930.50.460.970.96-0.10.530.550.160.160.310.82
0.22-0.210.20.190.31-0.08-0.10.20.210.280.210.070.00.310.05-0.030.260.140.850.070.3-0.630.410.120.38
0.43-0.210.520.390.41-0.52-0.210.260.470.30.470.390.60.40.470.390.480.49-0.44-0.250.60.640.39-0.350.32
0.70.20.520.660.52-0.6-0.020.950.590.530.590.880.760.520.910.60.760.79-0.110.170.810.380.620.10.45
0.990.190.390.660.95-0.930.480.540.940.950.940.710.450.920.450.490.940.95-0.120.60.510.160.110.350.79
0.950.310.410.520.95-0.880.490.380.920.970.920.550.290.980.280.330.910.85-0.030.530.430.040.050.270.89
-0.91-0.08-0.52-0.6-0.93-0.88-0.35-0.42-0.99-0.82-0.99-0.61-0.59-0.83-0.41-0.65-0.84-0.90.28-0.49-0.59-0.4-0.18-0.17-0.61
0.42-0.1-0.21-0.020.480.49-0.350.010.340.60.340.18-0.350.48-0.19-0.050.280.24-0.190.86-0.42-0.14-0.680.520.5
0.590.20.260.950.540.38-0.420.010.420.420.420.830.630.370.910.510.660.69-0.020.20.670.250.540.210.35
0.930.210.470.590.940.92-0.990.340.420.871.00.580.540.880.380.590.870.91-0.150.480.590.270.180.190.68
0.950.280.30.530.950.97-0.820.60.420.870.870.570.190.980.260.230.910.82-0.030.640.33-0.04-0.050.390.92
0.930.210.470.590.940.92-0.990.340.421.00.870.580.540.880.380.590.870.91-0.150.480.590.270.180.190.68
0.720.070.390.880.710.55-0.610.180.830.580.570.580.70.530.710.590.710.78-0.190.420.70.30.480.30.43
0.460.00.60.760.450.29-0.59-0.350.630.540.190.540.70.220.750.850.460.65-0.26-0.070.920.620.76-0.170.0
0.930.310.40.520.920.98-0.830.480.370.880.980.880.530.220.250.210.920.82-0.030.50.390.010.020.270.94
0.50.050.470.910.450.28-0.41-0.190.910.380.260.380.710.750.250.590.580.66-0.1-0.070.730.470.6-0.030.21
0.46-0.030.390.60.490.33-0.65-0.050.510.590.230.590.590.850.210.590.380.61-0.260.150.70.540.52-0.020.01
0.970.260.480.760.940.91-0.840.280.660.870.910.870.710.460.920.580.380.95-0.050.380.60.160.240.220.84
0.960.140.490.790.950.85-0.90.240.690.910.820.910.780.650.820.660.610.95-0.140.390.690.310.320.210.67
-0.10.85-0.44-0.11-0.12-0.030.28-0.19-0.02-0.15-0.03-0.15-0.19-0.26-0.03-0.1-0.26-0.05-0.14-0.110.0-0.760.220.090.12
0.530.07-0.250.170.60.53-0.490.860.20.480.640.480.42-0.070.5-0.070.150.380.39-0.11-0.12-0.16-0.380.710.41
0.550.30.60.810.510.43-0.59-0.420.670.590.330.590.70.920.390.730.70.60.690.0-0.120.380.89-0.110.23
0.16-0.630.640.380.160.04-0.4-0.140.250.27-0.040.270.30.620.010.470.540.160.31-0.76-0.160.380.15-0.41-0.19
0.160.410.390.620.110.05-0.18-0.680.540.18-0.050.180.480.760.020.60.520.240.320.22-0.380.890.15-0.17-0.05
0.310.12-0.350.10.350.27-0.170.520.210.190.390.190.3-0.170.27-0.03-0.020.220.210.090.71-0.11-0.41-0.170.26
0.820.380.320.450.790.89-0.610.50.350.680.920.680.430.00.940.210.010.840.670.120.410.23-0.19-0.050.26
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Austco Healthcare Account Relationship Matchups

Austco Healthcare fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets23.1M27.2M34.0M37.9M68.7M72.1M
Short Long Term Debt Total892K1.2M979K524K1.8M1.3M
Other Current Liab3.3M1.4M1.5M1.6M3.6M2.3M
Total Current Liabilities6.3M7.2M10.5M12.6M17.1M9.1M
Total Stockholder Equity16.3M19.3M23.1M25.0M44.4M46.6M
Property Plant And Equipment Net1.3M1.2M1.1M848K3.5M3.7M
Net Debt(5.6M)(6.6M)(6.6M)(4.1M)(11.8M)(11.2M)
Retained Earnings(24.7M)(21.3M)(18.9M)(17.9M)(10.6M)(11.2M)
Accounts Payable2.5M3.6M6.7M8.3M9.3M4.8M
Cash6.4M7.8M7.6M4.7M13.6M14.2M
Non Current Assets Total5.0M5.5M6.7M8.1M28.1M29.5M
Cash And Short Term Investments6.4M7.8M7.6M4.7M13.6M14.2M
Net Receivables5.1M6.7M8.2M12.8M14.5M8.0M
Common Stock Shares Outstanding262.2M285.0M285.1M291.5M309.0M199.3M
Liabilities And Stockholders Equity23.1M27.2M34.0M37.9M68.7M72.1M
Non Current Liabilities Total580K643K456K215K7.3M7.6M
Inventory5.2M5.1M9.2M10.8M10.7M6.2M
Other Current Assets1.4M2.1M2.3M1.5M1.8M937.4K
Total Liab6.8M7.9M10.9M12.9M24.3M25.5M
Total Current Assets18.1M21.7M27.3M29.8M40.6M42.6M
Short Term Debt301K538K559K401K573K976K
Intangible Assets2.9M3.6M4.7M5.5M6.3M5.3M
Other Stockholder Equity(430K)(863K)273K1.00.90.95
Non Currrent Assets Other(1.3M)(1.2M)(1.1M)(848K)10.2M10.7M
Accumulated Other Comprehensive Income(430K)(863K)273K668.0K539K566.0K
Other Assets3.7M4.4M5.6M7.2M1.00.95
Long Term Debt Total565K615K420K123K141.5K243.0K
Property Plant Equipment1.3M1.2M1.1M848K975.2K914.5K
Other Liab15K28K36K52K59.8K30.0K
Net Tangible Assets16.3M19.3M23.1M25.0M28.7M17.6M
Net Invested Capital16.3M19.3M23.1M25.0M28.8M18.0M
Cash And Equivalents6.4M7.8M7.6M4.7M5.4M5.1M
Net Working Capital11.9M14.4M16.9M17.2M19.7M13.2M
Deferred Long Term Liab2.9M3.6M4.7M5.5M6.3M3.5M

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