Community Total Revenue vs Net Receivables Analysis

CHCT Stock  USD 18.38  0.22  1.18%   
Community Healthcare financial indicator trend analysis is way more than just evaluating Community Healthcare prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Community Healthcare is a good investment. Please check the relationship between Community Healthcare Total Revenue and its Net Receivables accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Community Healthcare Trust. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.

Total Revenue vs Net Receivables

Total Revenue vs Net Receivables Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Community Healthcare Total Revenue account and Net Receivables. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Community Healthcare's Total Revenue and Net Receivables is 0.96. Overlapping area represents the amount of variation of Total Revenue that can explain the historical movement of Net Receivables in the same time period over historical financial statements of Community Healthcare Trust, assuming nothing else is changed. The correlation between historical values of Community Healthcare's Total Revenue and Net Receivables 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 Revenue of Community Healthcare Trust are associated (or correlated) with its Net Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Receivables has no effect on the direction of Total Revenue i.e., Community Healthcare's Total Revenue and Net Receivables go up and down completely randomly.

Correlation Coefficient

0.96
Relationship DirectionPositive 
Relationship StrengthVery Strong

Total Revenue

Total revenue comprises all receipts Community Healthcare 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.

Net Receivables

Most indicators from Community Healthcare's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Community 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 Community Healthcare Trust. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.
At this time, Community Healthcare's Selling General Administrative is comparatively stable compared to the past year. Tax Provision is likely to gain to about 321.3 K in 2024, whereas Issuance Of Capital Stock is likely to drop slightly above 44 M in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit75.4M81.0M92.1M51.6M
Total Revenue90.6M97.7M112.8M63.4M

Community Healthcare fundamental ratios Correlations

0.990.910.720.720.980.980.920.580.970.98-0.240.460.810.990.28-0.290.950.990.170.460.980.96-0.950.910.96
0.990.890.70.70.990.970.90.570.990.95-0.220.480.810.970.26-0.330.910.970.140.410.950.92-0.920.880.93
0.910.890.670.670.860.91.00.740.870.93-0.210.410.720.920.530.00.910.930.10.470.930.92-0.971.00.93
0.720.70.671.00.660.650.680.290.670.71-0.010.230.440.680.05-0.40.780.730.710.830.760.75-0.740.680.73
0.720.70.671.00.660.650.680.290.670.71-0.010.230.440.680.05-0.40.780.730.710.830.760.75-0.740.680.73
0.980.990.860.660.660.960.870.591.00.93-0.210.510.760.950.29-0.310.880.940.110.330.920.9-0.880.850.9
0.980.970.90.650.650.960.910.560.960.97-0.240.540.820.980.27-0.330.910.980.140.380.960.94-0.940.890.94
0.920.91.00.680.680.870.910.730.870.94-0.210.410.730.920.51-0.020.910.940.10.480.940.92-0.981.00.93
0.580.570.740.290.290.590.560.730.590.590.280.470.380.580.890.50.580.53-0.210.140.540.58-0.60.730.55
0.970.990.870.670.671.00.960.870.590.92-0.210.520.760.940.28-0.330.870.940.120.330.920.89-0.890.850.88
0.980.950.930.710.710.930.970.940.590.92-0.230.480.780.980.33-0.220.950.990.20.480.990.97-0.960.930.98
-0.24-0.22-0.21-0.01-0.01-0.21-0.24-0.210.28-0.21-0.230.34-0.14-0.230.210.25-0.13-0.280.120.16-0.26-0.270.25-0.21-0.29
0.460.480.410.230.230.510.540.410.470.520.480.340.470.440.18-0.260.310.420.14-0.060.420.36-0.410.390.31
0.810.810.720.440.440.760.820.730.380.760.78-0.140.470.840.03-0.360.740.83-0.10.390.780.71-0.810.710.76
0.990.970.920.680.680.950.980.920.580.940.98-0.230.440.840.29-0.260.950.990.110.470.980.96-0.950.910.98
0.280.260.530.050.050.290.270.510.890.280.330.210.180.030.290.770.360.25-0.270.00.280.36-0.340.530.32
-0.29-0.330.0-0.4-0.4-0.31-0.33-0.020.5-0.33-0.220.25-0.26-0.36-0.260.77-0.16-0.3-0.47-0.21-0.26-0.20.20.01-0.19
0.950.910.910.780.780.880.910.910.580.870.95-0.130.310.740.950.36-0.160.950.260.660.960.96-0.940.910.97
0.990.970.930.730.730.940.980.940.530.940.99-0.280.420.830.990.25-0.30.950.180.510.990.97-0.980.930.98
0.170.140.10.710.710.110.140.1-0.210.120.20.120.14-0.10.11-0.27-0.470.260.180.610.240.23-0.190.110.19
0.460.410.470.830.830.330.380.480.140.330.480.16-0.060.390.470.0-0.210.660.510.610.540.53-0.560.490.56
0.980.950.930.760.760.920.960.940.540.920.99-0.260.420.780.980.28-0.260.960.990.240.540.98-0.970.930.99
0.960.920.920.750.750.90.940.920.580.890.97-0.270.360.710.960.36-0.20.960.970.230.530.98-0.950.920.98
-0.95-0.92-0.97-0.74-0.74-0.88-0.94-0.98-0.6-0.89-0.960.25-0.41-0.81-0.95-0.340.2-0.94-0.98-0.19-0.56-0.97-0.95-0.97-0.96
0.910.881.00.680.680.850.891.00.730.850.93-0.210.390.710.910.530.010.910.930.110.490.930.92-0.970.93
0.960.930.930.730.730.90.940.930.550.880.98-0.290.310.760.980.32-0.190.970.980.190.560.990.98-0.960.93
Click cells to compare fundamentals

Community Healthcare Account Relationship Matchups

Community Healthcare fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets562.5M668.4M754.2M876.4M945.4M551.5M
Total Stockholder Equity353.4M429.9M462.1M496.8M513.3M344.0M
Net Debt192.5M210.7M263.3M341.8M403.8M424.0M
Cash1.7M2.5M2.4M11.2M3.5M3.2M
Cash And Short Term Investments1.7M2.5M2.4M11.2M3.5M3.2M
Common Stock Total Equity214K239K250K259K297.9K187.9K
Common Stock Shares Outstanding18.7M21.6M23.3M23.6M25.2M18.4M
Liabilities And Stockholders Equity562.5M668.4M754.2M876.4M945.4M551.5M
Total Liab209.1M238.5M292.1M379.6M432.2M453.8M
Total Current Assets2.0M31.9M2.9M12.1M70.2M73.7M
Common Stock214K239K250K259K276K199.4K
Short Long Term Debt Total209.2M245.4M277.6M353.1M407.3M225.5M
Other Current Liab(15M)8.3M(12M)183K197K206.9K
Total Current Liabilities3.6M41.3M7.8M11.4M12.2M16.0M
Other Liab6.4M20.4M18.7M11.2M12.8M9.8M
Net Tangible Assets353.4M429.9M462.1M496.8M571.3M359.4M
Property Plant And Equipment Net139K821K2.7M3.3M852.7M895.3M
Retained Earnings(89.9M)(108.9M)(128.8M)(151.2M)88.9M93.3M
Accounts Payable3.6M5.7M7.8M11.4M12.0M6.4M
Non Current Assets Total560.5M636.5M751.4M864.4M856.5M585.1M
Non Currrent Assets Other35.2M1.6M50.3M835.7M1.2M1.1M
Other Assets1.7M14.5M15.4M39.9M18.7M15.7M
Long Term Debt194.2M212.4M265.6M353.0M353.3M206.3M
Net Receivables31.8M28.4M43.1M53.8M56.9M35.9M
Retained Earnings Total Equity(107.5M)(145.5M)(187.9M)(232.4M)(209.2M)(198.7M)
Short Term Investments258K902K343K22.7M16.4M17.2M
Long Term Debt Total194.2M212.4M265.6M353.0M405.9M426.2M
Non Current Liabilities Total205.5M197.1M284.3M368.2M419.9M214.6M
Capital Surpluse447.9M550.4M595.6M625.1M718.9M443.1M
Inventory2.3M32.3M(343K)(22.7M)18.7M19.7M
Other Current Assets(33.8M)(31.3M)(46.0M)(65.9M)8.6M9.0M
Other Stockholder Equity537.8M659.3M724.4M776.4M688.2M536.5M
Deferred Long Term Liab693K479K896K683K614.7K540.3K
Short Long Term Debt4.8M33M12M50M45M26.1M
Accumulated Other Comprehensive Income(4.8M)(11.8M)(5.0M)22.7M(175.2M)(166.4M)
Non Current Liabilities Other11.3M20.4M18.7M7.3M7.4M9.7M
Short Term Debt15M33M12M141K50M28.0M
Intangible Assets144K617K611K2.4M2.6M2.5M
Property Plant Equipment525.3M632.5M701.0M777.8M894.5M514.3M

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