Chemed Cost Of Revenue vs Reconciled Depreciation Analysis

CHE Stock  USD 571.31  2.14  0.37%   
Chemed Corp financial indicator trend analysis is way more than just evaluating Chemed Corp prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Chemed Corp is a good investment. Please check the relationship between Chemed Corp Cost Of Revenue and its Reconciled Depreciation accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Chemed Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate.
For information on how to trade Chemed Stock refer to our How to Trade Chemed Stock guide.

Cost Of Revenue vs Reconciled Depreciation

Cost Of Revenue vs Reconciled Depreciation Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Chemed Corp Cost Of Revenue account and Reconciled Depreciation. At this time, the significance of the direction appears to have strong relationship.
The correlation between Chemed Corp's Cost Of Revenue and Reconciled Depreciation is 0.67. Overlapping area represents the amount of variation of Cost Of Revenue that can explain the historical movement of Reconciled Depreciation in the same time period over historical financial statements of Chemed Corp, assuming nothing else is changed. The correlation between historical values of Chemed Corp's Cost Of Revenue and Reconciled Depreciation is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cost Of Revenue of Chemed Corp are associated (or correlated) with its Reconciled Depreciation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Reconciled Depreciation has no effect on the direction of Cost Of Revenue i.e., Chemed Corp's Cost Of Revenue and Reconciled Depreciation go up and down completely randomly.

Correlation Coefficient

0.67
Relationship DirectionPositive 
Relationship StrengthSignificant

Cost Of Revenue

Cost of Revenue is found on Chemed Corp income statement and represents the costs associated with goods and services Chemed Corp provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.

Reconciled Depreciation

Most indicators from Chemed Corp's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Chemed Corp 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 Chemed Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate.
For information on how to trade Chemed Stock refer to our How to Trade Chemed Stock guide.At present, Chemed Corp's Enterprise Value Over EBITDA is projected to increase significantly based on the last few years of reporting. The current year's Enterprise Value Multiple is expected to grow to 22.03, whereas Selling General Administrative is forecasted to decline to about 216.4 M.
 2021 2022 2023 2024 (projected)
Gross Profit769.8M765.1M796.6M836.4M
Total Revenue2.1B2.1B2.3B2.4B

Chemed Corp fundamental ratios Correlations

0.490.750.620.970.94-0.30.970.740.980.30.740.660.62-0.770.56-0.260.67-0.910.710.90.86-0.060.80.290.7
0.490.430.610.270.540.570.460.070.57-0.380.070.370.54-0.280.81-0.210.68-0.570.860.270.190.280.640.640.41
0.750.430.360.720.78-0.310.80.690.70.210.690.340.29-0.50.550.130.43-0.790.550.750.730.040.610.360.32
0.620.610.360.510.590.090.550.330.66-0.170.330.620.73-0.530.38-0.430.8-0.580.820.370.410.170.650.390.69
0.970.270.720.510.89-0.50.940.820.920.470.820.620.52-0.750.39-0.20.53-0.850.540.930.91-0.120.710.130.64
0.940.540.780.590.89-0.160.960.620.940.160.620.660.52-0.830.64-0.060.61-0.950.740.860.75-0.240.890.380.56
-0.30.57-0.310.09-0.5-0.16-0.29-0.77-0.13-0.85-0.77-0.010.220.160.47-0.240.190.120.34-0.54-0.670.040.10.470.02
0.970.460.80.550.940.96-0.290.710.940.30.710.670.52-0.850.57-0.110.64-0.980.680.920.84-0.220.750.270.62
0.740.070.690.330.820.62-0.770.710.590.761.00.260.11-0.410.050.150.28-0.580.220.870.970.160.36-0.10.26
0.980.570.70.660.920.94-0.130.940.590.110.590.70.73-0.780.66-0.370.72-0.910.80.80.73-0.10.870.390.77
0.3-0.380.21-0.170.470.16-0.850.30.760.110.760.0-0.33-0.1-0.380.39-0.17-0.14-0.340.630.70.05-0.13-0.5-0.11
0.740.070.690.330.820.62-0.770.711.00.590.760.260.11-0.410.050.150.28-0.580.220.870.970.160.36-0.10.26
0.660.370.340.620.620.66-0.010.670.260.70.00.260.75-0.780.57-0.410.56-0.70.720.520.42-0.370.630.360.82
0.620.540.290.730.520.520.220.520.110.73-0.330.110.75-0.490.65-0.830.73-0.530.830.260.230.070.650.510.96
-0.77-0.28-0.5-0.53-0.75-0.830.16-0.85-0.41-0.78-0.1-0.41-0.78-0.49-0.450.16-0.560.87-0.59-0.7-0.580.59-0.65-0.21-0.6
0.560.810.550.380.390.640.470.570.050.66-0.380.050.570.65-0.45-0.290.59-0.670.840.340.2-0.070.690.710.56
-0.26-0.210.13-0.43-0.2-0.06-0.24-0.110.15-0.370.390.15-0.41-0.830.16-0.29-0.490.1-0.430.120.07-0.15-0.23-0.27-0.79
0.670.680.430.80.530.610.190.640.280.72-0.170.280.560.73-0.560.59-0.49-0.690.830.430.410.120.560.50.73
-0.91-0.57-0.79-0.58-0.85-0.950.12-0.98-0.58-0.91-0.14-0.58-0.7-0.530.87-0.670.1-0.69-0.76-0.84-0.740.26-0.75-0.37-0.61
0.710.860.550.820.540.740.340.680.220.8-0.340.220.720.83-0.590.84-0.430.83-0.760.430.360.060.810.670.75
0.90.270.750.370.930.86-0.540.920.870.80.630.870.520.26-0.70.340.120.43-0.840.430.95-0.140.60.10.41
0.860.190.730.410.910.75-0.670.840.970.730.70.970.420.23-0.580.20.070.41-0.740.360.950.030.49-0.010.39
-0.060.280.040.17-0.12-0.240.04-0.220.16-0.10.050.16-0.370.070.59-0.07-0.150.120.260.06-0.140.03-0.12-0.03-0.03
0.80.640.610.650.710.890.10.750.360.87-0.130.360.630.65-0.650.69-0.230.56-0.750.810.60.49-0.120.530.58
0.290.640.360.390.130.380.470.27-0.10.39-0.5-0.10.360.51-0.210.71-0.270.5-0.370.670.1-0.01-0.030.530.41
0.70.410.320.690.640.560.020.620.260.77-0.110.260.820.96-0.60.56-0.790.73-0.610.750.410.39-0.030.580.41
Click cells to compare fundamentals

Chemed Corp Account Relationship Matchups

Chemed Corp fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.3B1.4B1.3B1.4B1.7B1.8B
Short Long Term Debt Total215.9M135.4M323.5M247.0M155.1M149.1M
Other Current Liab43.8M199.2M191.4M192.8M202.5M212.6M
Total Current Liabilities262.2M299.1M302.4M297.2M312.1M167.5M
Total Stockholder Equity726.6M901.2M623.3M798.7M1.1B1.2B
Property Plant And Equipment Net287.4M311.3M318.7M335.4M330.2M346.7M
Net Debt209.8M(27.3M)290.6M172.9M(108.8M)(103.4M)
Retained Earnings1.4B1.7B2.0B2.2B2.4B2.6B
Cash6.2M162.7M32.9M74.1M264.0M277.2M
Non Current Assets Total1.1B1.1B1.1B1.2B1.2B1.2B
Non Currrent Assets Other(9.5M)(11.9M)(88.2M)(37.3M)161.7M169.8M
Cash And Short Term Investments6.2M162.7M32.9M74.1M264.0M277.2M
Net Receivables143.8M126.9M137.2M139.4M181.5M93.9M
Good Will577.4M578.6M578.6M581.3M585.0M339.2M
Common Stock Shares Outstanding16.5M16.4M15.9M15.1M15.2M15.9M
Liabilities And Stockholders Equity1.3B1.4B1.3B1.4B1.7B1.8B
Non Current Liabilities Total279.5M234.6M417.1M346.1M248.2M194.5M
Inventory7.5M7.1M10.1M10.3M12.0M16.1M
Other Current Assets33.2M32.8M50.1M48.8M43.4M31.9M
Other Stockholder Equity(737.3M)(861.2M)(1.4B)(1.4B)(1.4B)(1.3B)
Total Liab541.7M533.7M719.5M643.3M560.2M362.0M
Property Plant And Equipment Gross287.4M311.3M318.7M335.4M685.1M719.4M
Total Current Assets190.7M329.4M230.3M272.6M500.8M525.9M
Accumulated Other Comprehensive Income2.3M2.3M2.2M2.2M2.1M2.2M
Short Term Debt39.3M36.2M37.9M44.0M54.3M57.1M
Intangible Assets126.4M118.1M108.1M99.7M90.3M87.4M
Accounts Payable51.1M54.2M73.0M41.9M48.3M39.9M
Common Stock Total Equity35.3M35.8M36.3M36.5M42.0M30.2M
Common Stock35.8M36.3M36.5M36.8M37.2M31.1M
Other Liab102.8M135.4M131.4M143.1M164.5M172.8M
Other Assets86.5M408.8M107.0M58.0M66.7M71.8M
Treasury Stock(1.4B)(1.6B)(1.8B)(2.4B)(2.2B)(2.1B)
Property Plant Equipment175.8M187.8M318.7M335.4M385.7M405.0M
Current Deferred Revenue128.1M166.1M152.4M38.6M6.9M6.5M
Net Tangible Assets22.9M204.5M(63.4M)108.8M125.1M131.4M
Retained Earnings Total Equity1.2B1.4B1.7B2.0B2.3B2.4B
Long Term Debt Total90M0.0185M92.5M83.3M91.6M
Capital Surpluse860.7M961.4M1.0B1.1B1.3B757.3M
Deferred Long Term Liab95.0M109.1M121.8M1.7M2.0M1.9M

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When determining whether Chemed Corp is a strong investment it is important to analyze Chemed Corp's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Chemed Corp's future performance. For an informed investment choice regarding Chemed Stock, refer to the following important reports:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Chemed Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate.
For information on how to trade Chemed Stock refer to our How to Trade Chemed Stock guide.
You can also try the FinTech Suite module to use AI to screen and filter profitable investment opportunities.
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 Chemed Corp. If investors know Chemed 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 Chemed Corp 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
0.014
Dividend Share
1.7
Earnings Share
19.77
Revenue Per Share
157.577
Quarterly Revenue Growth
0.074
The market value of Chemed Corp is measured differently than its book value, which is the value of Chemed that is recorded on the company's balance sheet. Investors also form their own opinion of Chemed Corp's value that differs from its market value or its book value, called intrinsic value, which is Chemed Corp'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 Chemed Corp's market value can be influenced by many factors that don't directly affect Chemed Corp'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 Chemed Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Chemed Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Chemed Corp'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.