Entero Common Stock vs Accounts Payable Analysis

ENTERO Stock   1,313  8.10  0.61%   
Entero Healthcare financial indicator trend analysis is much more than just examining Entero Healthcare latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Entero Healthcare is a good investment. Please check the relationship between Entero Healthcare Common Stock and its Accounts Payable accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Entero Healthcare Solutions. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.

Common Stock vs Accounts Payable

Common Stock vs Accounts Payable Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Entero Healthcare Common Stock account and Accounts Payable. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Entero Healthcare's Common Stock and Accounts Payable is 0.92. Overlapping area represents the amount of variation of Common Stock that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of Entero Healthcare Solutions, assuming nothing else is changed. The correlation between historical values of Entero Healthcare's Common Stock and Accounts Payable is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock of Entero Healthcare Solutions are associated (or correlated) with its Accounts Payable. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accounts Payable has no effect on the direction of Common Stock i.e., Entero Healthcare's Common Stock and Accounts Payable go up and down completely randomly.

Correlation Coefficient

0.92
Relationship DirectionPositive 
Relationship StrengthVery Strong

Common Stock

Accounts Payable

An accounting item on the balance sheet that represents Entero Healthcare obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Entero Healthcare are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.
Most indicators from Entero Healthcare's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Entero 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Entero Healthcare Solutions. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
The current year's Selling General Administrative is expected to grow to about 1.8 B
 2021 2022 2023 2024 (projected)
Gross Profit2.7B3.5B4.0B2.3B
Total Revenue33.0B39.2B45.1B28.3B

Entero Healthcare fundamental ratios Correlations

0.77-0.830.890.87-0.520.46-0.410.960.820.950.340.860.980.92-0.450.860.910.970.830.90.880.740.470.881.0
0.77-0.530.970.65-0.260.92-0.870.870.510.920.70.60.870.95-0.420.610.90.90.640.970.731.00.720.820.72
-0.83-0.53-0.65-0.960.81-0.250.13-0.74-0.94-0.74-0.17-0.96-0.78-0.690.73-0.96-0.68-0.79-0.93-0.66-0.94-0.52-0.5-0.87-0.86
0.890.97-0.650.75-0.390.81-0.740.970.630.980.680.710.960.99-0.440.720.930.960.71.00.820.960.610.90.86
0.870.65-0.960.75-0.80.38-0.240.820.980.830.241.00.840.79-0.811.00.80.840.960.760.990.630.50.940.89
-0.52-0.260.81-0.39-0.8-0.06-0.18-0.5-0.82-0.45-0.21-0.81-0.48-0.40.86-0.81-0.33-0.46-0.66-0.39-0.77-0.24-0.17-0.73-0.59
0.460.92-0.250.810.38-0.06-0.960.630.220.70.790.310.610.76-0.30.330.690.660.380.80.480.940.710.610.41
-0.41-0.870.13-0.74-0.24-0.18-0.96-0.55-0.08-0.63-0.68-0.17-0.55-0.690.09-0.19-0.66-0.61-0.3-0.74-0.34-0.89-0.73-0.46-0.33
0.960.87-0.740.970.82-0.50.63-0.550.740.980.560.80.990.98-0.460.810.910.970.750.970.860.850.470.920.96
0.820.51-0.940.630.98-0.820.22-0.080.740.740.080.990.770.69-0.810.990.720.760.940.650.960.490.380.870.85
0.950.92-0.740.980.83-0.450.7-0.630.980.740.520.80.990.99-0.50.810.970.990.80.980.880.90.60.910.93
0.340.7-0.170.680.24-0.210.79-0.680.560.080.520.190.480.59-0.170.210.360.470.090.650.330.720.290.550.33
0.860.6-0.960.711.0-0.810.31-0.170.80.990.80.190.820.75-0.81.00.770.820.950.720.980.570.450.920.88
0.980.87-0.780.960.84-0.480.61-0.550.990.770.990.480.820.98-0.460.830.940.990.80.960.880.850.530.910.97
0.920.95-0.690.990.79-0.40.76-0.690.980.690.990.590.750.98-0.460.760.960.980.751.00.840.930.590.90.9
-0.45-0.420.73-0.44-0.810.86-0.30.09-0.46-0.81-0.5-0.17-0.8-0.46-0.46-0.79-0.48-0.49-0.76-0.45-0.79-0.41-0.44-0.72-0.49
0.860.61-0.960.721.0-0.810.33-0.190.810.990.810.211.00.830.76-0.790.770.830.950.740.990.590.460.930.89
0.910.9-0.680.930.8-0.330.69-0.660.910.720.970.360.770.940.96-0.480.770.960.830.940.840.880.670.830.87
0.970.9-0.790.960.84-0.460.66-0.610.970.760.990.470.820.990.98-0.490.830.960.840.970.880.880.650.90.94
0.830.64-0.930.70.96-0.660.38-0.30.750.940.80.090.950.80.75-0.760.950.830.840.720.950.620.650.850.84
0.90.97-0.661.00.76-0.390.8-0.740.970.650.980.650.720.961.0-0.450.740.940.970.720.820.960.620.90.87
0.880.73-0.940.820.99-0.770.48-0.340.860.960.880.330.980.880.84-0.790.990.840.880.950.820.710.540.970.9
0.741.0-0.520.960.63-0.240.94-0.890.850.490.90.720.570.850.93-0.410.590.880.880.620.960.710.730.80.7
0.470.72-0.50.610.5-0.170.71-0.730.470.380.60.290.450.530.59-0.440.460.670.650.650.620.540.730.520.42
0.880.82-0.870.90.94-0.730.61-0.460.920.870.910.550.920.910.9-0.720.930.830.90.850.90.970.80.520.89
1.00.72-0.860.860.89-0.590.41-0.330.960.850.930.330.880.970.9-0.490.890.870.940.840.870.90.70.420.89
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Entero Healthcare Account Relationship Matchups

Entero Healthcare fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets8.3B11.3B14.0B23.4B27.0B14.2B
Short Long Term Debt Total2.0B3.5B4.7B3.4B3.9B3.3B
Other Current Liab379.8M609.5M539.0M118.2M106.4M101.1M
Total Current Liabilities2.9B4.6B6.9B6.0B6.9B5.1B
Total Stockholder Equity4.9B5.6B6.2B16.4B18.8B19.8B
Property Plant And Equipment Net967.3M1.1B974.0M930.9M837.8M787.0M
Net Debt1.7B3.1B4.4B1.9B2.2B2.7B
Retained Earnings(318.5M)(618.0M)(727.0M)(338.1M)(304.3M)(319.5M)
Accounts Payable967.4M1.4B2.1B2.3B2.6B1.7B
Cash323.1M465.1M253.6M1.5B1.7B1.8B
Non Current Assets Total2.0B2.8B3.2B3.3B3.8B2.9B
Non Currrent Assets Other97.2M2.1M959.0M202.0M232.3M297.0M
Cash And Short Term Investments828.2M1.1B1.1B7.9B9.1B9.5B
Net Receivables2.5B3.8B5.2B6.5B7.5B4.5B
Good Will894.9M1.5B2.0B1.9B2.2B1.6B
Short Term Investments505.1M588.9M814.8M6.4B7.4B7.7B
Liabilities And Stockholders Equity8.3B11.3B14.0B23.4B27.0B14.2B
Non Current Liabilities Total576M1.0B871.1M1.0B1.2B887.1M
Inventory2.4B3.1B3.6B4.2B4.8B3.4B
Other Current Assets3.1B4.4B480.2M8.0B9.2B9.7B
Total Liab3.5B5.6B7.8B7.0B8.1B6.0B
Total Current Assets6.3B8.5B10.9B20.1B23.1B24.3B
Short Term Debt1.5B2.6B3.6B2.4B2.8B2.5B
Intangible Assets46.0M44.5M38.4M34.4M39.5M42.1M
Common Stock1M38.5M342.6M434.9M500.2M525.2M

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Other Information on Investing in Entero Stock

Balance Sheet is a snapshot of the financial position of Entero Healthcare at a specified time, usually calculated after every quarter, six months, or one year. Entero Healthcare Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Entero Healthcare and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Entero currently owns. An asset can also be divided into two categories, current and non-current.