| GRX Stock | | | USD 10.14 0.04 0.40% |
Gabelli Healthcare financial indicator trend analysis is much more than just examining Gabelli Healthcare latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Gabelli Healthcare is a good investment. Please check the relationship between Gabelli Healthcare Long Term Debt and its Long Term Investments accounts. Check out
Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Gabelli Healthcare WellnessRx. 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.
Long Term Debt vs Long Term Investments
Long Term Debt vs Long Term Investments Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Gabelli Healthcare Long Term Debt account and
Long Term Investments. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Gabelli Healthcare's Long Term Debt and Long Term Investments is -0.02. Overlapping area represents the amount of variation of Long Term Debt that can explain the historical movement of Long Term Investments in the same time period over historical financial statements of Gabelli Healthcare WellnessRx, assuming nothing else is changed. The correlation between historical values of Gabelli Healthcare's Long Term Debt and Long Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Long Term Debt of Gabelli Healthcare WellnessRx are associated (or correlated) with its Long Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Investments has no effect on the direction of Long Term Debt i.e., Gabelli Healthcare's Long Term Debt and Long Term Investments go up and down completely randomly.
Correlation Coefficient | -0.02 |
| Relationship Direction | Negative |
| Relationship Strength | Insignificant |
Long Term Debt
Long-term debt is a debt that Gabelli Healthcare has held for over one year. Long-term debt appears on Gabelli Healthcare WellnessRx balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on Gabelli Healthcare WellnessRx balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.
Long Term Investments
Long Term Investments is an item on the asset side of Gabelli Healthcare balance sheet that represents investments Gabelli Healthcare intends to hold for over a year. Gabelli Healthcare WellnessRx long term investments may include different instruments such as stocks, bonds, real estate and cash.
Most indicators from Gabelli Healthcare's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Gabelli 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
Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Gabelli Healthcare WellnessRx. 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.
At this time, Gabelli Healthcare's
Selling General Administrative is fairly stable compared to the past year.
Sales General And Administrative To Revenue is likely to rise to 0.55 in 2024, whereas
Issuance Of Capital Stock is likely to drop slightly above 11.4
M in 2024.
Gabelli Healthcare fundamental ratios Correlations
Click cells to compare fundamentals
Gabelli Healthcare Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Gabelli Healthcare fundamental ratios Accounts
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Additional Tools for Gabelli Stock Analysis
When running Gabelli Healthcare's price analysis, check to
measure Gabelli Healthcare's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Gabelli Healthcare is operating at the current time. Most of Gabelli Healthcare's value examination focuses on studying past and present price action to
predict the probability of Gabelli Healthcare's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Gabelli Healthcare's price. Additionally, you may evaluate how the addition of Gabelli Healthcare to your portfolios can decrease your overall portfolio volatility.