Apollo Ebit vs Operating Income Analysis

APOLLOHOSP   7,077  1.55  0.02%   
Apollo Hospitals financial indicator trend analysis is way more than just evaluating Apollo Hospitals Ent prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Apollo Hospitals Ent is a good investment. Please check the relationship between Apollo Hospitals Ebit and its Operating Income accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Apollo Hospitals Enterprise. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.

Ebit vs Operating Income

Ebit vs Operating Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Apollo Hospitals Ent Ebit account and Operating Income. At this time, the significance of the direction appears to have strong relationship.
The correlation between Apollo Hospitals' Ebit and Operating Income is 0.77. Overlapping area represents the amount of variation of Ebit that can explain the historical movement of Operating Income in the same time period over historical financial statements of Apollo Hospitals Enterprise, assuming nothing else is changed. The correlation between historical values of Apollo Hospitals' Ebit and Operating Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Ebit of Apollo Hospitals Enterprise are associated (or correlated) with its Operating Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Operating Income has no effect on the direction of Ebit i.e., Apollo Hospitals' Ebit and Operating Income go up and down completely randomly.

Correlation Coefficient

0.77
Relationship DirectionPositive 
Relationship StrengthSignificant

Ebit

Operating Income

Operating Income is the amount of profit realized from Apollo Hospitals Ent operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Apollo Hospitals Enterprise is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.
Most indicators from Apollo Hospitals' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Apollo Hospitals Ent 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 Apollo Hospitals Enterprise. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
The current Selling General Administrative is estimated to decrease to about 1.4 B. The current Tax Provision is estimated to decrease to about 2.4 B
 2021 2022 2023 2024 (projected)
Interest Expense3.3B3.8B4.5B4.7B
Depreciation And Amortization6.0B6.1B6.9B7.2B

Apollo Hospitals fundamental ratios Correlations

0.930.70.960.960.990.90.890.960.871.00.040.840.680.770.470.610.010.980.980.610.30.740.930.930.93
0.930.540.860.80.960.990.770.830.740.950.070.70.60.870.690.52-0.210.980.860.560.120.590.790.780.76
0.70.540.830.730.660.470.880.790.840.66-0.050.610.420.17-0.050.710.090.640.740.240.20.610.640.680.76
0.960.860.830.920.950.820.960.970.880.95-0.030.760.590.610.350.64-0.060.940.950.460.270.70.910.920.93
0.960.80.730.920.930.750.870.960.910.940.090.880.730.630.310.640.220.90.980.660.430.770.930.950.95
0.990.960.660.950.930.940.870.940.841.00.030.810.660.80.530.6-0.071.00.960.590.260.720.90.90.9
0.90.990.470.820.750.940.710.780.670.930.050.670.560.90.720.48-0.270.960.820.530.090.570.750.730.72
0.890.770.880.960.870.870.710.950.890.87-0.140.710.480.480.230.67-0.050.860.90.330.20.660.860.90.91
0.960.830.790.970.960.940.780.950.880.94-0.130.840.560.620.260.660.040.920.980.450.290.780.960.970.97
0.870.740.840.880.910.840.670.890.880.850.090.750.670.470.270.680.190.810.90.550.350.610.810.840.86
1.00.950.660.950.941.00.930.870.940.850.070.810.690.80.540.6-0.040.990.960.630.290.70.910.910.9
0.040.07-0.05-0.030.090.030.05-0.14-0.130.090.07-0.090.640.080.48-0.190.280.01-0.020.690.27-0.22-0.1-0.1-0.16
0.840.70.610.760.880.810.670.710.840.750.81-0.090.60.620.090.610.220.780.890.590.30.960.790.780.89
0.680.60.420.590.730.660.560.480.560.670.690.640.60.60.540.280.30.630.660.940.570.450.550.550.58
0.770.870.170.610.630.80.90.480.620.470.80.080.620.60.760.29-0.180.830.680.580.140.510.640.620.58
0.470.69-0.050.350.310.530.720.230.260.270.540.480.090.540.760.02-0.290.570.330.540.09-0.080.30.290.17
0.610.520.710.640.640.60.480.670.660.680.6-0.190.610.280.290.020.170.560.640.180.370.570.50.610.61
0.01-0.210.09-0.060.22-0.07-0.27-0.050.040.19-0.040.280.220.3-0.18-0.290.17-0.130.110.310.340.150.110.130.09
0.980.980.640.940.91.00.960.860.920.810.990.010.780.630.830.570.56-0.130.940.560.210.690.890.880.88
0.980.860.740.950.980.960.820.90.980.90.96-0.020.890.660.680.330.640.110.940.580.320.80.950.950.96
0.610.560.240.460.660.590.530.330.450.550.630.690.590.940.580.540.180.310.560.580.510.430.470.460.49
0.30.120.20.270.430.260.090.20.290.350.290.270.30.570.140.090.370.340.210.320.510.230.270.310.36
0.740.590.610.70.770.720.570.660.780.610.7-0.220.960.450.51-0.080.570.150.690.80.430.230.710.690.84
0.930.790.640.910.930.90.750.860.960.810.91-0.10.790.550.640.30.50.110.890.950.470.270.710.970.92
0.930.780.680.920.950.90.730.90.970.840.91-0.10.780.550.620.290.610.130.880.950.460.310.690.970.92
0.930.760.760.930.950.90.720.910.970.860.9-0.160.890.580.580.170.610.090.880.960.490.360.840.920.92
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Apollo Hospitals Account Relationship Matchups

Apollo Hospitals fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets113.4B114.2B131.9B144.3B167.5B175.9B
Short Long Term Debt Total56.2B41.6B40.7B43.3B53.3B56.0B
Other Current Liab1.9B3.4B359M3.8B10.4B11.0B
Total Current Liabilities23.4B20.4B23.8B33.2B46.6B49.0B
Total Stockholder Equity33.4B46.0B56.2B62.0B69.4B72.8B
Property Plant And Equipment Net72.6B65.5B72.8B80.3B93.9B98.5B
Net Debt52.4B37.3B34.9B39.0B44.0B46.2B
Retained Earnings15.5B5.9B16.7B21.3B39.1B41.1B
Accounts Payable9.1B11.6B16.3B19.2B23.7B24.9B
Cash3.8B4.3B5.8B4.3B9.3B9.8B
Non Current Assets Total86.9B77.8B90.7B100.9B114.7B120.5B
Non Currrent Assets Other6.2B4.0B3.6B5.4B5.7B4.9B
Cash And Short Term Investments6.4B14.2B10.8B12.1B11.9B12.5B
Liabilities And Stockholders Equity113.4B114.2B131.9B144.3B167.5B175.9B
Non Current Liabilities Total55.3B45.8B49.3B45.7B47.7B26.7B
Inventory7.4B2.5B4.3B3.9B4.6B3.3B
Other Current Assets1.7B5.4B1M8.4B9.7B10.2B
Other Stockholder Equity(15.7B)(16.2B)28.6B29.3B39.3B24.7B
Total Liab78.7B66.1B73.1B79.0B94.3B99.0B
Total Current Assets26.5B36.4B41.2B43.4B52.8B55.4B
Accumulated Other Comprehensive Income11.3B10.7B9.5B11.3B884M928.2M
Other Assets(1M)4.2B4.8B6.8B7.9B4.8B
Short Term Investments2.6B10.0B5.0B7.8B6.8B7.2B
Net Receivables11.0B14.9B26.1B25.0B26.6B27.9B
Good Will3.5B3.8B9.2B9.9B10.1B10.6B
Intangible Assets547M858M1.1B1.1B1.4B1.4B
Current Deferred Revenue3.4B3.7B4.1B2.8B1.4B1.3B
Short Term Debt9.0B4.6B3.1B9.0B11.2B11.7B
Other Liab8.1B8.7B11.7B11.4B13.1B8.1B
Net Tangible Assets29.4B41.4B45.9B51.1B58.7B37.7B
Long Term Debt28.5B24.7B24.3B19.4B22.4B26.1B
Short Long Term Debt5.0B3.9B2.1B7.7B9.3B5.9B
Property Plant Equipment72.6B65.5B72.8B80.3B92.4B60.4B
Long Term Debt Total29.5B47.2B37.0B37.6B43.2B36.9B
Cash And Equivalents2.9B281M386M483M434.7M413.0M
Capital Lease Obligations20.3B13.0B14.3B16.2B21.7B13.4B

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Other Information on Investing in Apollo Stock

Balance Sheet is a snapshot of the financial position of Apollo Hospitals Ent at a specified time, usually calculated after every quarter, six months, or one year. Apollo Hospitals Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Apollo Hospitals 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 Apollo currently owns. An asset can also be divided into two categories, current and non-current.