Comprehensive Ptb Ratio vs Invested Capital Analysis

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 Ptb Ratio and its Invested 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.

Ptb Ratio vs Invested Capital

Ptb Ratio vs Invested Capital Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Comprehensive Healthcare Ptb Ratio account and Invested Capital. At this time, the significance of the direction appears to have weak relationship.
The correlation between Comprehensive Healthcare's Ptb Ratio and Invested Capital is 0.34. Overlapping area represents the amount of variation of Ptb Ratio that can explain the historical movement of Invested 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 Ptb Ratio and Invested 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 Ptb Ratio of Comprehensive Healthcare Systems are associated (or correlated) with its Invested Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Invested Capital has no effect on the direction of Ptb Ratio i.e., Comprehensive Healthcare's Ptb Ratio and Invested Capital go up and down completely randomly.

Correlation Coefficient

0.34
Relationship DirectionPositive 
Relationship StrengthVery Weak

Ptb Ratio

Price-to-Book ratio, a financial valuation metric used to compare a company's current market price to its book value. It provides insight into the value that market participants place on the company's equity relative to its net asset value.

Invested Capital

Invested capital represents the total cash investment that shareholders and debt holders have contributed to Comprehensive Healthcare Systems. There are two different methods for calculating Comprehensive Healthcare invested capital: operating approach and financing approach. Understanding Comprehensive Healthcare invested capital allows investors to calculate measures of performance such as return on invested capital or return on capital employed.
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.
 2010 2022 2023 2024 (projected)
Research Development388.5K493.8K567.9K485.3K
Gross Profit1.4M1.4M1.6M1.5M

Comprehensive Healthcare fundamental ratios Correlations

0.66-0.44-0.840.680.850.780.79-0.090.840.85-0.44-0.90.90.40.870.93-0.850.550.550.55-0.53-0.33
0.66-0.6-0.890.80.360.710.71-0.410.740.72-0.61-0.710.710.630.710.74-0.710.690.690.69-0.66-0.39
-0.44-0.60.78-0.910.09-0.88-0.880.93-0.16-0.821.00.77-0.77-0.91-0.79-0.720.81-0.96-0.96-0.950.980.69
-0.84-0.890.78-0.95-0.48-0.94-0.940.53-0.74-0.950.790.95-0.95-0.69-0.94-0.920.93-0.82-0.82-0.820.830.58
0.680.8-0.91-0.950.240.970.97-0.740.530.95-0.92-0.910.910.810.930.85-0.950.910.910.91-0.96-0.77
0.850.360.09-0.480.240.370.380.440.850.480.08-0.570.57-0.140.530.59-0.480.020.020.02-0.02-0.02
0.780.71-0.88-0.940.970.371.0-0.660.550.99-0.88-0.970.970.760.980.91-0.990.880.880.88-0.93-0.75
0.790.71-0.88-0.940.970.381.0-0.650.560.99-0.88-0.970.970.760.990.91-0.990.880.880.88-0.93-0.74
-0.09-0.410.930.53-0.740.44-0.66-0.650.16-0.560.930.48-0.48-0.88-0.52-0.430.55-0.85-0.85-0.850.870.61
0.840.74-0.16-0.740.530.850.550.560.160.63-0.17-0.680.680.090.660.66-0.630.240.250.25-0.28-0.27
0.850.72-0.82-0.950.950.480.990.99-0.560.63-0.82-0.990.990.71.00.94-1.00.830.830.84-0.88-0.71
-0.44-0.611.00.79-0.920.08-0.88-0.880.93-0.17-0.820.77-0.77-0.91-0.79-0.720.81-0.96-0.96-0.960.980.69
-0.9-0.710.770.95-0.91-0.57-0.97-0.970.48-0.68-0.990.77-1.0-0.65-1.0-0.960.99-0.8-0.8-0.80.830.62
0.90.71-0.77-0.950.910.570.970.97-0.480.680.99-0.77-1.00.651.00.96-0.980.790.790.8-0.83-0.62
0.40.63-0.91-0.690.81-0.140.760.76-0.880.090.7-0.91-0.650.650.670.71-0.70.980.980.98-0.9-0.49
0.870.71-0.79-0.940.930.530.980.99-0.520.661.0-0.79-1.01.00.670.94-1.00.810.810.81-0.86-0.69
0.930.74-0.72-0.920.850.590.910.91-0.430.660.94-0.72-0.960.960.710.94-0.930.820.820.81-0.77-0.44
-0.85-0.710.810.93-0.95-0.48-0.99-0.990.55-0.63-1.00.810.99-0.98-0.7-1.0-0.93-0.83-0.83-0.840.880.73
0.550.69-0.96-0.820.910.020.880.88-0.850.240.83-0.96-0.80.790.980.810.82-0.831.01.0-0.96-0.58
0.550.69-0.96-0.820.910.020.880.88-0.850.250.83-0.96-0.80.790.980.810.82-0.831.01.0-0.96-0.59
0.550.69-0.95-0.820.910.020.880.88-0.850.250.84-0.96-0.80.80.980.810.81-0.841.01.0-0.96-0.6
-0.53-0.660.980.83-0.96-0.02-0.93-0.930.87-0.28-0.880.980.83-0.83-0.9-0.86-0.770.88-0.96-0.96-0.960.78
-0.33-0.390.690.58-0.77-0.02-0.75-0.740.61-0.27-0.710.690.62-0.62-0.49-0.69-0.440.73-0.58-0.59-0.60.78
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Comprehensive Healthcare Account Relationship Matchups

Comprehensive Healthcare fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets324.0K352.9K4.1M2.1M2.4M1.5M
Total Current Liabilities7.3K5.9M3.2M4.8M5.5M3.1M
Total Stockholder Equity316.7K337.7K602.6K(3.1M)(2.8M)(2.7M)
Retained Earnings(139.9K)(9.0M)(14.2M)(19.3M)(17.4M)(16.5M)
Accounts Payable7.3K848.1K1.1M2.6M3.0M3.2M
Cash324.0K337.9K3.4M400.8K460.9K437.9K
Total Liab7.3K15.2K3.5M5.3M6.0M6.3M
Net Invested Capital316.7K337.7K2.0M(2.1M)(1.9M)(1.8M)
Total Current Assets324.0K2.3M3.8M1.1M1.3M1.7M
Capital Stock388.9K402.0K13.3M14.9M17.1M18.0M
Net Working Capital316.7K337.7K658.7K(3.7M)(3.3M)(3.1M)

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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.