| CHS Stock | | | 0.01 0.00 0.00% |
Comprehensive Healthcare financial indicator trend analysis is way more than just evaluating Comprehensive Healthcare prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Comprehensive Healthcare is a good investment. Please check the relationship between Comprehensive Healthcare Capital Lease Obligations and its Total Stockholder Equity accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Comprehensive Healthcare Systems. 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.
Capital Lease Obligations vs Total Stockholder Equity
Capital Lease Obligations vs Total Stockholder Equity Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Comprehensive Healthcare Capital Lease Obligations account and
Total Stockholder Equity. At this time, the significance of the direction appears to have pay attention.
The correlation between Comprehensive Healthcare's Capital Lease Obligations and Total Stockholder Equity is -0.96. Overlapping area represents the amount of variation of Capital Lease Obligations that can explain the historical movement of Total Stockholder Equity in the same time period over historical financial statements of Comprehensive Healthcare Systems, assuming nothing else is changed. The correlation between historical values of Comprehensive Healthcare's Capital Lease Obligations and Total Stockholder Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Capital Lease Obligations of Comprehensive Healthcare Systems are associated (or correlated) with its Total Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Stockholder Equity has no effect on the direction of Capital Lease Obligations i.e., Comprehensive Healthcare's Capital Lease Obligations and Total Stockholder Equity go up and down completely randomly.
Correlation Coefficient | -0.96 |
| Relationship Direction | Negative |
| Relationship Strength | Significant |
Capital Lease Obligations
Comprehensive Healthcare capital lease obligations are the amount due for long-term lease agreements that are nearly equivalent to Comprehensive Healthcare asset purchases. For example, Comprehensive Healthcare can use a capital lease to finance the purchase of an asset without ever buying it. A capital lease gives companies such as Comprehensive Healthcare control over an asset for a big portion of its life. The total obligations of a company under capital leases, which are lease agreements that transfer substantially all risks and rewards of ownership to the lessee.
Total Stockholder Equity
The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.
Most indicators from Comprehensive Healthcare's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Comprehensive 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 Comprehensive Healthcare Systems. 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.
At this time, Comprehensive Healthcare's
Selling General Administrative is fairly stable compared to the past year.
Sales General And Administrative To Revenue is likely to climb to 1.15 in 2024, whereas
Enterprise Value Over EBITDA is likely to drop
(1.68) in 2024.
Comprehensive Healthcare fundamental ratios Correlations
Click cells to compare fundamentals
Comprehensive Healthcare Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Comprehensive Healthcare fundamental ratios Accounts
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Additional Tools for Comprehensive Stock Analysis
When running Comprehensive Healthcare's price analysis, check to
measure Comprehensive Healthcare's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Comprehensive Healthcare is operating at the current time. Most of Comprehensive Healthcare's value examination focuses on studying past and present price action to
predict the probability of Comprehensive Healthcare's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Comprehensive Healthcare's price. Additionally, you may evaluate how the addition of Comprehensive Healthcare to your portfolios can decrease your overall portfolio volatility.