Astrana Extraordinary Items vs Minority Interest Analysis
ASTH Stock | 39.47 0.54 1.35% |
Astrana Health financial indicator trend analysis is way more than just evaluating Astrana Health prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Astrana Health is a good investment. Please check the relationship between Astrana Health Extraordinary Items and its Minority Interest accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Astrana 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 estimate. For more detail on how to invest in Astrana Stock please use our How to Invest in Astrana Health guide.
Extraordinary Items vs Minority Interest
Extraordinary Items vs Minority Interest Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Astrana Health Extraordinary Items account and Minority Interest. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Astrana Health's Extraordinary Items and Minority Interest is 0.16. Overlapping area represents the amount of variation of Extraordinary Items that can explain the historical movement of Minority Interest in the same time period over historical financial statements of Astrana Health, assuming nothing else is changed. The correlation between historical values of Astrana Health's Extraordinary Items and Minority Interest is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Extraordinary Items of Astrana Health are associated (or correlated) with its Minority Interest. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Minority Interest has no effect on the direction of Extraordinary Items i.e., Astrana Health's Extraordinary Items and Minority Interest go up and down completely randomly.
Correlation Coefficient | 0.16 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
Extraordinary Items
Minority Interest
Minority Interest is the portion of a subsidiary corporation stock that is not owned by the parent corporation. The magnitude of the minority interest in the subsidiary company is generally less than 50% of outstanding shares, otherwise the corporation would generally cease to be a subsidiary of the parent. Minority Interest can also be called non-controlling interest.All shareholders of Astrana Health whose combined shares represent less than 50% of the total outstanding shares issued by Astrana Health have a minority interest in Astrana Health.Most indicators from Astrana Health's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Astrana 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 Astrana 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 estimate. For more detail on how to invest in Astrana Stock please use our How to Invest in Astrana Health guide.The Astrana Health's current Selling General Administrative is estimated to increase to about 118.2 M, while Tax Provision is projected to decrease to under 22.8 M.
2021 | 2022 | 2023 | 2024 (projected) | Cost Of Revenue | 596.1M | 944.7M | 1.2B | 1.2B | Total Revenue | 773.9M | 1.1B | 1.4B | 1.5B |
Astrana Health fundamental ratios Correlations
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Astrana Health Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Astrana Health fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 728.7M | 817.5M | 867.4M | 966.2M | 933.4M | 980.0M | |
Other Current Liab | 77.0M | 74.1M | 88.5M | 128.5M | 184.1M | 193.3M | |
Total Current Liabilities | 105.4M | 115.0M | 114.7M | 148.6M | 218.7M | 229.6M | |
Total Stockholder Equity | 191.5M | 330.8M | 448.2M | 542.6M | 614.2M | 644.9M | |
Net Debt | 153.3M | 67.1M | (32.1M) | (58.7M) | 27.2M | 28.6M | |
Retained Earnings | 31.9M | 69.8M | 137.2M | 182.4M | 243.1M | 255.3M | |
Accounts Payable | 6.9M | 9.6M | 5.5M | 10.5M | 9.1M | 9.5M | |
Cash | 103.3M | 193.5M | 233.1M | 288.0M | 293.8M | 308.5M | |
Cash And Short Term Investments | 219.8M | 261.2M | 286.5M | 293.6M | 296.3M | 311.1M | |
Common Stock Total Equity | 35.9K | 42K | 45K | 47K | 54.1K | 30.0K | |
Common Stock Shares Outstanding | 36.4M | 37.4M | 45.4M | 45.6M | 47.1M | 49.4M | |
Liabilities And Stockholders Equity | 728.7M | 817.5M | 867.4M | 966.2M | 933.4M | 980.0M | |
Non Current Liabilities Total | 262.2M | 257.3M | 242M | 259.1M | 303.9M | 319.1M | |
Other Stockholder Equity | 159.6M | 261.0M | 310.9M | 360.1M | 371.0M | 389.6M | |
Total Liab | 367.7M | 372.3M | 356.7M | 407.7M | 522.6M | 548.7M | |
Total Current Assets | 329.1M | 338.6M | 404.5M | 428.1M | 461.5M | 484.6M | |
Common Stock | 35.9K | 42K | 45K | 47K | 54.1K | 33.4K | |
Short Long Term Debt Total | 256.6M | 260.6M | 201.0M | 229.4M | 321.0M | 337.1M | |
Short Term Debt | 12.6M | 14.2M | 3.9M | 4.8M | 24.8M | 26.0M | |
Property Plant And Equipment Net | 26.4M | 48.5M | 68.6M | 129.0M | 44.6M | 23.8M | |
Non Current Assets Total | 399.6M | 478.9M | 462.9M | 538.1M | 471.9M | 495.4M | |
Non Currrent Assets Other | 1.7M | 19.4M | 5.9M | 4.6M | 44.6M | 46.9M | |
Net Receivables | 99.0M | 60.6M | 99.3M | 119.7M | 147.8M | 155.1M | |
Other Current Assets | 10.3M | 16.8M | 18.6M | 14.8M | 17.5M | 18.3M | |
Property Plant And Equipment Gross | 26.4M | 48.5M | 68.6M | 129.0M | 67.4M | 70.8M | |
Net Tangible Assets | 18.8M | 119.0M | 118.7M | 214.0M | 246.1M | 258.4M | |
Current Deferred Revenue | 8.9M | 13.0M | 16.8M | 531K | 744K | 706.8K | |
Noncontrolling Interest In Consolidated Entity | 786.2K | 87K | 5.9M | 2.2M | 2.5M | 1.8M | |
Other Assets | 2.4M | 55.3M | 6.5M | 6.1M | 22.1M | 12.9M | |
Long Term Debt | 232.2M | 230.2M | 182.9M | 203.4M | 258.9M | 271.9M | |
Good Will | 238.5M | 239.1M | 246.4M | 269.1M | 278.8M | 139.8M | |
Retained Earnings Total Equity | 31.9M | 69.8M | 143.6M | 192.7M | 221.6M | 232.7M | |
Short Term Investments | 116.5M | 67.7M | 53.4M | 5.6M | 2.5M | 2.4M | |
Long Term Debt Total | 232.2M | 230.2M | 182.9M | 203.4M | 233.9M | 245.6M | |
Capital Surpluse | 159.6M | 261.0M | 310.9M | 360.1M | 414.1M | 434.8M | |
Deferred Long Term Liab | 18.3M | 11.0M | 9.1M | 3.0M | 3.5M | 6.8M | |
Intangible Assets | 103.0M | 87.0M | 82.8M | 76.9M | 71.6M | 56.4M |
Currently Active Assets on Macroaxis
When determining whether Astrana Health offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Astrana Health's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Astrana Health Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Astrana Health Stock:Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Astrana 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 estimate. For more detail on how to invest in Astrana Stock please use our How to Invest in Astrana Health guide.You can also try the Stock Tickers module to use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites.
Is Health Care Providers & Services space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Astrana Health. If investors know Astrana will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Astrana Health listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.30) | Earnings Share 1.3 | Revenue Per Share 36.415 | Quarterly Revenue Growth 0.375 | Return On Assets 0.0449 |
The market value of Astrana Health is measured differently than its book value, which is the value of Astrana that is recorded on the company's balance sheet. Investors also form their own opinion of Astrana Health's value that differs from its market value or its book value, called intrinsic value, which is Astrana Health's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Astrana Health's market value can be influenced by many factors that don't directly affect Astrana Health's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Astrana Health's value and its price as these two are different measures arrived at by different means. Investors typically determine if Astrana Health is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Astrana Health's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.