Encompass Intangible Assets vs Total Current Liabilities Analysis

EHC Stock  USD 99.40  0.47  0.48%   
Encompass Health financial indicator trend analysis is much more than just examining Encompass Health Corp latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Encompass Health Corp is a good investment. Please check the relationship between Encompass Health Intangible Assets and its Total Current Liabilities accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Encompass Health 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.

Intangible Assets vs Total Current Liabilities

Intangible Assets vs Total Current Liabilities Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Encompass Health Corp Intangible Assets account and Total Current Liabilities. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Encompass Health's Intangible Assets and Total Current Liabilities is 0.81. Overlapping area represents the amount of variation of Intangible Assets that can explain the historical movement of Total Current Liabilities in the same time period over historical financial statements of Encompass Health Corp, assuming nothing else is changed. The correlation between historical values of Encompass Health's Intangible Assets and Total Current Liabilities is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Intangible Assets of Encompass Health Corp are associated (or correlated) with its Total Current Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Liabilities has no effect on the direction of Intangible Assets i.e., Encompass Health's Intangible Assets and Total Current Liabilities go up and down completely randomly.

Correlation Coefficient

0.81
Relationship DirectionPositive 
Relationship StrengthStrong

Intangible Assets

Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.

Total Current Liabilities

Total Current Liabilities is an item on Encompass Health balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Encompass Health Corp are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.
Most indicators from Encompass Health's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Encompass Health 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Encompass Health 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.
At present, Encompass Health's Enterprise Value Over EBITDA is projected to increase slightly based on the last few years of reporting. The current year's Enterprise Value Multiple is expected to grow to 9.92, whereas Selling General Administrative is forecasted to decline to about 191.6 M.
 2021 2022 2023 2024 (projected)
Gross Profit4.9B4.1B933.5M886.8M
Total Revenue5.1B4.3B4.8B2.8B

Encompass Health fundamental ratios Correlations

0.960.890.970.850.750.960.450.341.00.570.320.960.540.97-0.140.620.20.980.560.880.810.860.760.860.52
0.960.810.90.750.681.00.350.340.960.590.320.930.560.99-0.110.570.230.990.490.860.780.90.760.750.56
0.890.810.920.920.820.80.60.440.890.50.430.850.380.82-0.20.760.080.850.650.830.920.650.730.860.52
0.970.90.920.890.770.90.450.410.960.60.40.940.550.91-0.130.60.270.940.60.890.810.810.790.840.59
0.850.750.920.890.910.740.70.440.840.40.420.860.290.75-0.110.630.060.780.810.840.810.640.630.860.62
0.750.680.820.770.910.670.740.30.740.070.290.820.260.69-0.180.55-0.10.710.950.740.740.450.350.880.66
0.961.00.80.90.740.670.350.290.960.570.270.920.550.99-0.130.580.210.990.480.840.760.90.740.750.55
0.450.350.60.450.70.740.350.080.46-0.10.050.46-0.410.32-0.440.36-0.640.350.720.270.60.280.130.640.11
0.340.340.440.410.440.30.290.080.30.551.00.380.30.330.280.090.350.350.270.580.540.260.530.220.42
1.00.960.890.960.840.740.960.460.30.550.280.950.510.96-0.190.610.170.970.550.850.80.870.740.850.48
0.570.590.50.60.40.070.57-0.10.550.550.540.440.440.580.170.370.520.59-0.070.60.50.690.930.20.28
0.320.320.430.40.420.290.270.051.00.280.540.360.310.320.260.090.360.330.270.560.540.230.520.210.44
0.960.930.850.940.860.820.920.460.380.950.440.360.570.93-0.10.490.220.950.690.90.740.790.630.880.62
0.540.560.380.550.290.260.55-0.410.30.510.440.310.570.610.340.330.810.60.150.690.240.390.470.390.59
0.970.990.820.910.750.690.990.320.330.960.580.320.930.61-0.140.60.271.00.50.860.780.880.750.760.58
-0.14-0.11-0.2-0.13-0.11-0.18-0.13-0.440.28-0.190.170.26-0.10.34-0.14-0.190.41-0.14-0.140.24-0.25-0.130.01-0.150.12
0.620.570.760.60.630.550.580.360.090.610.370.090.490.330.6-0.190.130.610.380.590.710.380.620.570.4
0.20.230.080.270.06-0.10.21-0.640.350.170.520.360.220.810.270.410.130.27-0.160.43-0.030.230.46-0.060.52
0.980.990.850.940.780.710.990.350.350.970.590.330.950.61.0-0.140.610.270.520.880.80.880.770.780.59
0.560.490.650.60.810.950.480.720.270.55-0.070.270.690.150.5-0.140.38-0.160.520.60.550.270.150.780.63
0.880.860.830.890.840.740.840.270.580.850.60.560.90.690.860.240.590.430.880.60.740.690.740.780.7
0.810.780.920.810.810.740.760.60.540.80.50.540.740.240.78-0.250.71-0.030.80.550.740.620.730.720.45
0.860.90.650.810.640.450.90.280.260.870.690.230.790.390.88-0.130.380.230.880.270.690.620.780.520.43
0.760.760.730.790.630.350.740.130.530.740.930.520.630.470.750.010.620.460.770.150.740.730.780.420.45
0.860.750.860.840.860.880.750.640.220.850.20.210.880.390.76-0.150.57-0.060.780.780.780.720.520.420.4
0.520.560.520.590.620.660.550.110.420.480.280.440.620.590.580.120.40.520.590.630.70.450.430.450.4
Click cells to compare fundamentals

Encompass Health Account Relationship Matchups

Encompass Health fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets6.1B6.4B6.9B5.6B6.1B3.8B
Short Long Term Debt Total3.3B3.5B3.5B3.0B2.9B2.2B
Other Current Liab303.8M474.4M510.1M366.6M342.2M312.0M
Total Current Liabilities721M717.3M748.8M575.9M656.4M514.9M
Total Stockholder Equity1.4B1.6B1.9B1.3B1.6B1.7B
Property Plant And Equipment Net2.2B2.5B2.8B3.2B3.5B3.7B
Net Debt3.3B3.3B3.5B3.0B2.9B2.1B
Retained Earnings(526.5M)(242.3M)141.8M115.7M406.5M426.8M
Cash94.8M224M54.8M21.8M69.1M119.5M
Non Current Assets Total5.3B5.5B5.9B4.9B5.3B3.0B
Non Currrent Assets Other213.8M295M254.5M(13.3M)82.1M78.0M
Cash And Short Term Investments94.8M224M54.8M21.8M69.1M124.1M
Net Receivables506.1M572.8M502.1M536.8M611.6M436.2M
Liabilities And Stockholders Equity6.1B6.4B6.9B5.6B6.1B3.8B
Non Current Liabilities Total3.4B3.7B3.7B3.2B3.1B2.4B
Inventory57.4M65.4M65.1M31.6M72.7M72.4M
Other Current Assets97.5M151.8M369.9M170.6M88.4M137.7M
Other Stockholder Equity1.9B1.8B1.8B1.2B1.2B1.7B
Total Liab4.1B4.4B4.5B3.8B3.8B2.9B
Property Plant And Equipment Gross2.2B2.5B2.8B3.2B5.4B5.7B
Total Current Assets755.8M948.6M921.4M717.2M841.8M743.6M
Short Term Debt79.7M127.9M104.7M76.4M48.9M65.8M
Intangible Assets476.3M431.3M417.5M282.3M278.2M222.8M
Current Deferred Revenue242.9M300.9M310.3M83M95.3M137.0M
Accounts Payable94.6M115M134M132.9M170M86.8M
Other Liab159.9M266.8M259.9M257.2M231.5M172.7M
Other Assets300.2M542M254.5M222.1M1.00.95
Long Term Debt3.0B3.3B3.2B2.7B2.7B2.0B
Treasury Stock(427.9M)(492.3M)(497.4M)(521.2M)(469.1M)(492.5M)
Property Plant Equipment2.0B2.5B2.8B3.2B3.6B3.8B
Good Will2.3B2.3B2.4B1.3B1.3B1.3B
Net Tangible Assets(1.2B)(699.1M)(934.1M)(235.2M)(211.7M)(222.3M)
Warrants261.7M239.6M31.6M42.2M38.0M36.1M
Noncontrolling Interest In Consolidated Entity280.3M340.9M382M445.7M512.6M538.2M

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Encompass Health Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Encompass Health's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Encompass Health Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Encompass Health Corp Stock:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Encompass Health 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.
You can also try the Balance Of Power module to check stock momentum by analyzing Balance Of Power indicator and other technical ratios.
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 Encompass Health. If investors know Encompass 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 Encompass Health 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
0.26
Dividend Share
0.62
Earnings Share
4.25
Revenue Per Share
52.255
Quarterly Revenue Growth
0.119
The market value of Encompass Health Corp is measured differently than its book value, which is the value of Encompass that is recorded on the company's balance sheet. Investors also form their own opinion of Encompass Health's value that differs from its market value or its book value, called intrinsic value, which is Encompass Health'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 Encompass Health's market value can be influenced by many factors that don't directly affect Encompass Health'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 Encompass Health's value and its price as these two are different measures arrived at by different means. Investors typically determine if Encompass Health is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Encompass Health'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.