GoHealth Historical Cash Flow
| GOCO Stock | USD 11.66 0.24 2.02% |
Analysis of GoHealth cash flow over time is an excellent tool to project GoHealth future capital expenditures as well as to predict the amount of cash needed to cover cost of sales, R&D expenses or production expansions. Investors should almost always look for trends in cash flow indicators such as Free Cash Flow of 100.2 M or Change In Working Capital of 121.9 M as it is a great indicator of GoHealth ability to facilitate future growth, repay debt on time or pay out dividends.
Financial Statement Analysis is much more than just reviewing and examining GoHealth latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether GoHealth is a good buy for the upcoming year.
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About GoHealth Cash Flow Analysis
The Cash Flow Statement is a financial statement that shows how changes in GoHealth balance sheet and income statement accounts affect cash and cash equivalents. It breaks the analysis down to operating, investing, and financing activities. One of the most critical aspects of the cash flow statement is liquidity, which is the degree to which GoHealth's non-liquid assets can be easily converted into cash.
GoHealth Cash Flow Chart
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Change In Working Capital
The difference in the amount of working capital from one period to the next, indicating the change in a company's short-term assets and liabilities.Begin Period Cash Flow
The amount of cash a company has at the beginning of a financial reporting period. It serves as the starting point for calculating the period's cash flow from operations, investing, and financing activities.Total Cashflows From Investing Activities
The net amount of cash used in or generated from a company's investment activities, such as purchasing or selling assets, during a reporting period.Capital Expenditures
Capital Expenditures are funds used by GoHealth to acquire physical assets such as property, industrial buildings or equipment. This type of outlay is used by management to increase the scope of GoHealth operations. These expenditures can include everything from repairing an office equipment, building a brand new facility, or writing new software.Most accounts from GoHealth's cash flow statement are interrelated and interconnected. However, analyzing cash flow statement accounts one by one will only give a small insight into GoHealth current financial condition. On the other hand, looking into the entire matrix of cash flow statement accounts, 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 GoHealth. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators. To learn how to invest in GoHealth Stock, please use our How to Invest in GoHealth guide.At this time, GoHealth's Total Cash From Operating Activities is very stable compared to the past year. As of the 26th of November 2024, Change To Account Receivables is likely to grow to about 131.3 M, though Sale Purchase Of Stock is likely to grow to (2.2 M).
GoHealth cash flow statement Correlations
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GoHealth Account Relationship Matchups
High Positive Relationship
High Negative Relationship
GoHealth cash flow statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Change In Cash | 11.8M | 132.0M | (59.9M) | (67.9M) | 74.3M | 78.1M | |
| Net Borrowings | 295.5M | (495.5M) | 265.7M | (163.0M) | (146.7M) | (139.3M) | |
| Free Cash Flow | (8.0M) | (128.7M) | (318.8M) | 47.4M | 95.4M | 100.2M | |
| Change In Working Capital | (151.2M) | (352.2M) | (306.4M) | 270.2M | 116.1M | 121.9M | |
| Begin Period Cash Flow | 505K | 12.3M | 144.2M | 84.4M | 16.5M | 15.6M | |
| Total Cashflows From Investing Activities | (815.6M) | (14.5M) | (19.8M) | (13.5M) | (15.5M) | (16.3M) | |
| Other Cashflows From Financing Activities | (541.3M) | (497.2M) | (6.6M) | 45.6M | 91K | 95.6K | |
| Depreciation | 33.0M | 98.6M | 107.5M | 107.0M | 105.7M | 84.0M | |
| Other Non Cash Items | 504.8M | 20.4M | 8.3M | 33.0M | (69.0M) | (65.6M) | |
| Capital Expenditures | 8.0M | 14.5M | 19.8M | 13.5M | 13.7M | 13.9M | |
| Total Cash From Operating Activities | (3K) | (114.2M) | (299.0M) | 60.9M | 109.1M | 114.6M | |
| Change To Account Receivables | (282.6M) | (429.1M) | (455.7M) | 243.8M | 125.1M | 131.3M | |
| Change To Operating Activities | (152.9M) | (330.8M) | (333.9M) | 232.3M | 267.2M | 280.5M | |
| Net Income | (41.1M) | (97.2M) | (534.2M) | (376.4M) | (63.3M) | (66.4M) | |
| Total Cash From Financing Activities | 827.4M | 260.7M | 259.1M | (115.1M) | (21.1M) | (20.1M) | |
| End Period Cash Flow | 12.3M | 144.2M | 84.4M | 16.5M | 90.8M | 63.9M | |
| Change To Netincome | 158.8M | 181.3M | 431.9M | 27.9M | 32.0M | 30.4M | |
| Change To Liabilities | 16.9M | (19.8M) | 30.3M | (15.9M) | (14.3M) | (13.6M) |
Pair Trading with GoHealth
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if GoHealth position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in GoHealth will appreciate offsetting losses from the drop in the long position's value.Moving together with GoHealth Stock
Moving against GoHealth Stock
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| 0.53 | MMC | Marsh McLennan Companies Fiscal Year End 23rd of January 2025 | PairCorr |
| 0.51 | ZBAO | Zhibao Technology Class | PairCorr |
| 0.45 | SLQT | Selectquote | PairCorr |
The ability to find closely correlated positions to GoHealth could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace GoHealth when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back GoHealth - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling GoHealth to buy it.
The correlation of GoHealth is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as GoHealth moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if GoHealth moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for GoHealth can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in GoHealth. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators. To learn how to invest in GoHealth Stock, please use our How to Invest in GoHealth guide.You can also try the Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.
Is Property & Casualty Insurance 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 GoHealth. If investors know GoHealth 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 GoHealth 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 4.241 | Earnings Share (3.29) | Revenue Per Share 69.776 | Quarterly Revenue Growth (0.10) | Return On Assets (0.03) |
The market value of GoHealth is measured differently than its book value, which is the value of GoHealth that is recorded on the company's balance sheet. Investors also form their own opinion of GoHealth's value that differs from its market value or its book value, called intrinsic value, which is GoHealth'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 GoHealth's market value can be influenced by many factors that don't directly affect GoHealth'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 GoHealth's value and its price as these two are different measures arrived at by different means. Investors typically determine if GoHealth is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, GoHealth'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.