Healthcare Other Current Liab vs Total Current Assets Analysis

HAIAW Stock  USD 0.01  0.01  43.30%   
Healthcare financial indicator trend analysis is much more than just examining Healthcare AI Acquisition latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Healthcare AI Acquisition is a good investment. Please check the relationship between Healthcare Other Current Liab and its Total Current Assets accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Healthcare AI Acquisition. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

Other Current Liab vs Total Current Assets

Other Current Liab vs Total Current Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Healthcare AI Acquisition Other Current Liab account and Total Current Assets. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Healthcare's Other Current Liab and Total Current Assets is 0.97. Overlapping area represents the amount of variation of Other Current Liab that can explain the historical movement of Total Current Assets in the same time period over historical financial statements of Healthcare AI Acquisition, assuming nothing else is changed. The correlation between historical values of Healthcare's Other Current Liab and Total Current Assets 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 Current Liab of Healthcare AI Acquisition are associated (or correlated) with its Total Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Assets has no effect on the direction of Other Current Liab i.e., Healthcare's Other Current Liab and Total Current Assets go up and down completely randomly.

Correlation Coefficient

0.97
Relationship DirectionPositive 
Relationship StrengthVery Strong

Other Current Liab

Total Current Assets

The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.
Most indicators from Healthcare's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Healthcare AI Acquisition 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 Healthcare AI Acquisition. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
At this time, Healthcare's Enterprise Value Over EBITDA is fairly stable compared to the past year. Enterprise Value Multiple is likely to climb to 40.66 in 2024, whereas Selling General Administrative is likely to drop slightly above 964.8 K in 2024.
 2010 2022 2023 2024 (projected)
Other Operating Expenses2.7M1.2M1.2M1.4M
Interest Expense13.4M14.0M16.1M15.1M

Healthcare fundamental ratios Correlations

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Healthcare Account Relationship Matchups

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Additional Tools for Healthcare Stock Analysis

When running Healthcare's price analysis, check to measure 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 Healthcare is operating at the current time. Most of Healthcare's value examination focuses on studying past and present price action to predict the probability of 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 Healthcare's price. Additionally, you may evaluate how the addition of Healthcare to your portfolios can decrease your overall portfolio volatility.