| CHS Stock | | | 0.01 0.01 100.00% |
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 Enterprise Value and its Working Capital 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.
Enterprise Value vs Working Capital
Enterprise Value vs Working Capital Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Comprehensive Healthcare Enterprise Value account and
Working Capital. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Comprehensive Healthcare's Enterprise Value and Working Capital is -0.66. Overlapping area represents the amount of variation of Enterprise Value that can explain the historical movement of Working Capital 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 Enterprise Value and Working Capital is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Enterprise Value of Comprehensive Healthcare Systems are associated (or correlated) with its Working Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Working Capital has no effect on the direction of Enterprise Value i.e., Comprehensive Healthcare's Enterprise Value and Working Capital go up and down completely randomly.
Correlation Coefficient | -0.66 |
| Relationship Direction | Negative |
| Relationship Strength | Weak |
Enterprise Value
Enterprise Value (or EV) is usually referred to as Comprehensive Healthcare theoretical takeover price. In the event of an acquisition, an acquirer would have to take on Comprehensive Healthcare debt, but would also pocket its cash. Enterprise Value is more accurate representation of Comprehensive Healthcare value than its market capitalization because it takes into account all of Comprehensive Healthcare Systems existing debt. A measure of a company's total value, often used as a more comprehensive alternative to equity market capitalization that includes the market capitalization, plus total debt, minority interest and preferred shares, minus total cash and cash equivalents.
Working Capital
The difference between a company's current assets and current liabilities, indicating the liquidity and operational efficiency of the business.
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.