GEHC Other Operating Expenses vs Ebit Analysis

GEHC Stock   82.44  0.44  0.54%   
GE HealthCare financial indicator trend analysis is much more than just examining GE HealthCare Techno latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether GE HealthCare Techno is a good investment. Please check the relationship between GE HealthCare Other Operating Expenses and its Ebit accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in GE HealthCare Technologies. 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.

Other Operating Expenses vs Ebit

Other Operating Expenses vs Ebit Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of GE HealthCare Techno Other Operating Expenses account and Ebit. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between GE HealthCare's Other Operating Expenses and Ebit is 0.51. Overlapping area represents the amount of variation of Other Operating Expenses that can explain the historical movement of Ebit in the same time period over historical financial statements of GE HealthCare Technologies, assuming nothing else is changed. The correlation between historical values of GE HealthCare's Other Operating Expenses and Ebit is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Operating Expenses of GE HealthCare Technologies are associated (or correlated) with its Ebit. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ebit has no effect on the direction of Other Operating Expenses i.e., GE HealthCare's Other Operating Expenses and Ebit go up and down completely randomly.

Correlation Coefficient

0.51
Relationship DirectionPositive 
Relationship StrengthWeak

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of GE HealthCare Techno. It is also known as GE HealthCare overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.

Ebit

Most indicators from GE HealthCare's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into GE HealthCare Techno 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 Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in GE HealthCare Technologies. 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.
As of November 24, 2024, Tax Provision is expected to decline to about 653 M. In addition to that, Discontinued Operations is expected to decline to about 15.4 M
 2021 2022 2023 2024 (projected)
Interest Expense40M77M542M569.1M
Depreciation And Amortization625M633M610M513.9M

GE HealthCare fundamental ratios Correlations

0.560.330.510.53-0.46-0.65-0.520.750.880.330.520.30.610.320.420.320.30.480.770.34-0.870.530.420.260.38
0.560.90.890.99-0.89-0.96-0.880.960.850.890.930.850.980.920.860.870.850.870.870.93-0.670.830.910.630.95
0.330.90.730.89-0.97-0.85-0.960.830.691.00.920.890.820.910.861.00.890.810.710.99-0.540.820.990.860.98
0.510.890.730.95-0.79-0.75-0.680.880.670.690.660.90.940.930.930.670.90.540.620.82-0.390.490.680.30.84
0.530.990.890.95-0.91-0.9-0.850.950.80.870.870.910.990.960.930.850.910.770.790.94-0.570.730.870.570.96
-0.46-0.89-0.97-0.79-0.910.820.97-0.88-0.74-0.96-0.87-0.93-0.85-0.92-0.93-0.96-0.93-0.72-0.69-0.970.56-0.74-0.95-0.8-0.97
-0.65-0.96-0.85-0.75-0.90.820.87-0.94-0.92-0.86-0.97-0.69-0.92-0.78-0.71-0.84-0.69-0.95-0.97-0.850.82-0.94-0.9-0.69-0.87
-0.52-0.88-0.96-0.68-0.850.970.87-0.88-0.81-0.97-0.93-0.83-0.81-0.83-0.82-0.97-0.83-0.82-0.79-0.940.7-0.86-0.98-0.89-0.93
0.750.960.830.880.95-0.88-0.94-0.880.940.820.880.810.970.850.850.810.810.80.90.86-0.770.80.860.590.89
0.880.850.690.670.8-0.74-0.92-0.810.940.70.860.560.840.620.630.690.560.820.960.69-0.940.850.770.590.71
0.330.891.00.690.87-0.96-0.86-0.970.820.70.940.860.810.880.821.00.860.840.730.98-0.560.850.990.890.97
0.520.930.920.660.87-0.87-0.97-0.930.880.860.940.710.850.780.70.920.710.970.910.9-0.780.970.970.830.9
0.30.850.890.90.91-0.93-0.69-0.830.810.560.860.710.840.980.990.861.00.540.510.94-0.290.520.820.580.94
0.610.980.820.940.99-0.85-0.92-0.810.970.840.810.850.840.910.880.790.840.790.840.88-0.630.740.820.490.9
0.320.920.910.930.96-0.92-0.78-0.830.850.620.880.780.980.910.970.870.980.660.610.96-0.360.610.850.570.97
0.420.860.860.930.93-0.93-0.71-0.820.850.630.820.70.990.880.970.820.990.530.550.91-0.360.520.80.530.92
0.320.871.00.670.85-0.96-0.84-0.970.810.691.00.920.860.790.870.820.860.820.710.97-0.560.840.990.90.96
0.30.850.890.90.91-0.93-0.69-0.830.810.560.860.711.00.840.980.990.860.540.510.94-0.290.520.820.580.94
0.480.870.810.540.77-0.72-0.95-0.820.80.820.840.970.540.790.660.530.820.540.930.79-0.790.990.890.760.79
0.770.870.710.620.79-0.69-0.97-0.790.90.960.730.910.510.840.610.550.710.510.930.7-0.930.930.80.620.72
0.340.930.990.820.94-0.97-0.85-0.940.860.690.980.90.940.880.960.910.970.940.790.7-0.50.770.960.771.0
-0.87-0.67-0.54-0.39-0.570.560.820.7-0.77-0.94-0.56-0.78-0.29-0.63-0.36-0.36-0.56-0.29-0.79-0.93-0.5-0.85-0.66-0.6-0.51
0.530.830.820.490.73-0.74-0.94-0.860.80.850.850.970.520.740.610.520.840.520.990.930.77-0.850.90.830.77
0.420.910.990.680.87-0.95-0.9-0.980.860.770.990.970.820.820.850.80.990.820.890.80.96-0.660.90.90.95
0.260.630.860.30.57-0.8-0.69-0.890.590.590.890.830.580.490.570.530.90.580.760.620.77-0.60.830.90.75
0.380.950.980.840.96-0.97-0.87-0.930.890.710.970.90.940.90.970.920.960.940.790.721.0-0.510.770.950.75
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GE HealthCare Account Relationship Matchups

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When determining whether GE HealthCare Techno offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of GE HealthCare'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 Ge Healthcare Technologies Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Ge Healthcare Technologies Stock:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in GE HealthCare Technologies. 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 Premium Stories module to follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope.
Is Health Care Equipment & Supplies 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 GE HealthCare. If investors know GEHC 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 GE HealthCare 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
0.242
Dividend Share
0.12
Earnings Share
3.65
Revenue Per Share
42.916
Quarterly Revenue Growth
0.009
The market value of GE HealthCare Techno is measured differently than its book value, which is the value of GEHC that is recorded on the company's balance sheet. Investors also form their own opinion of GE HealthCare's value that differs from its market value or its book value, called intrinsic value, which is GE HealthCare'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 GE HealthCare's market value can be influenced by many factors that don't directly affect GE HealthCare'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 GE HealthCare's value and its price as these two are different measures arrived at by different means. Investors typically determine if GE HealthCare is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, GE HealthCare'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.