Entero Inventory vs Total Current Liabilities Analysis

ENTERO Stock   1,353  6.95  0.52%   
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 Inventory and its Total Current Liabilities 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.

Inventory vs Total Current Liabilities

Inventory vs Total Current Liabilities Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Entero Healthcare Inventory account and Total Current Liabilities. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Entero Healthcare's Inventory and Total Current Liabilities is 0.96. Overlapping area represents the amount of variation of Inventory that can explain the historical movement of Total Current Liabilities 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 Inventory 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 Inventory of Entero Healthcare Solutions 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 Inventory i.e., Entero Healthcare's Inventory and Total Current Liabilities go up and down completely randomly.

Correlation Coefficient

0.96
Relationship DirectionPositive 
Relationship StrengthVery Strong

Inventory

Total Current Liabilities

Total Current Liabilities is an item on Entero Healthcare balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Entero Healthcare Solutions 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 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

0.770.940.890.87-0.520.46-0.410.960.820.950.340.860.980.92-0.450.860.910.970.830.90.880.740.470.881.0
0.770.540.970.65-0.260.92-0.870.870.510.920.70.60.870.95-0.420.610.90.90.640.970.731.00.720.820.72
0.940.540.710.82-0.530.18-0.120.860.830.820.090.830.880.78-0.410.830.790.830.780.730.810.510.220.760.96
0.890.970.710.75-0.390.81-0.740.970.630.980.680.710.960.99-0.440.720.930.960.71.00.820.960.610.90.86
0.870.650.820.75-0.80.38-0.240.820.980.830.241.00.840.79-0.811.00.80.840.960.760.990.630.50.940.89
-0.52-0.26-0.53-0.39-0.8-0.06-0.18-0.5-0.82-0.45-0.21-0.81-0.48-0.40.86-0.81-0.33-0.46-0.66-0.39-0.77-0.24-0.17-0.73-0.59
0.460.920.180.810.38-0.06-0.960.630.220.70.790.310.610.76-0.30.330.690.660.380.80.480.940.710.610.41
-0.41-0.87-0.12-0.74-0.24-0.18-0.96-0.55-0.08-0.63-0.68-0.17-0.55-0.690.09-0.19-0.66-0.61-0.3-0.74-0.34-0.89-0.73-0.46-0.33
0.960.870.860.970.82-0.50.63-0.550.740.980.560.80.990.98-0.460.810.910.970.750.970.860.850.470.920.96
0.820.510.830.630.98-0.820.22-0.080.740.740.080.990.770.69-0.810.990.720.760.940.650.960.490.380.870.85
0.950.920.820.980.83-0.450.7-0.630.980.740.520.80.990.99-0.50.810.970.990.80.980.880.90.60.910.93
0.340.70.090.680.24-0.210.79-0.680.560.080.520.190.480.59-0.170.210.360.470.090.650.330.720.290.550.33
0.860.60.830.711.0-0.810.31-0.170.80.990.80.190.820.75-0.81.00.770.820.950.720.980.570.450.920.88
0.980.870.880.960.84-0.480.61-0.550.990.770.990.480.820.98-0.460.830.940.990.80.960.880.850.530.910.97
0.920.950.780.990.79-0.40.76-0.690.980.690.990.590.750.98-0.460.760.960.980.751.00.840.930.590.90.9
-0.45-0.42-0.41-0.44-0.810.86-0.30.09-0.46-0.81-0.5-0.17-0.8-0.46-0.46-0.79-0.48-0.49-0.76-0.45-0.79-0.41-0.44-0.72-0.49
0.860.610.830.721.0-0.810.33-0.190.810.990.810.211.00.830.76-0.790.770.830.950.740.990.590.460.930.89
0.910.90.790.930.8-0.330.69-0.660.910.720.970.360.770.940.96-0.480.770.960.830.940.840.880.670.830.87
0.970.90.830.960.84-0.460.66-0.610.970.760.990.470.820.990.98-0.490.830.960.840.970.880.880.650.90.94
0.830.640.780.70.96-0.660.38-0.30.750.940.80.090.950.80.75-0.760.950.830.840.720.950.620.650.850.84
0.90.970.731.00.76-0.390.8-0.740.970.650.980.650.720.961.0-0.450.740.940.970.720.820.960.620.90.87
0.880.730.810.820.99-0.770.48-0.340.860.960.880.330.980.880.84-0.790.990.840.880.950.820.710.540.970.9
0.741.00.510.960.63-0.240.94-0.890.850.490.90.720.570.850.93-0.410.590.880.880.620.960.710.730.80.7
0.470.720.220.610.5-0.170.71-0.730.470.380.60.290.450.530.59-0.440.460.670.650.650.620.540.730.520.42
0.880.820.760.90.94-0.730.61-0.460.920.870.910.550.920.910.9-0.720.930.830.90.850.90.970.80.520.89
1.00.720.960.860.89-0.590.41-0.330.960.850.930.330.880.970.9-0.490.890.870.940.840.870.90.70.420.89
Click cells to compare fundamentals

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 Liab379.8M609.5M539.0M1.2B1.4B731.9M
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

Also Currently Popular

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.

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.