| HCAT Stock | | | USD 8.52 0.39 4.80% |
Health Catalyst financial indicator trend analysis is much more than just examining Health Catalyst latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Health Catalyst is a good investment. Please check the relationship between Health Catalyst Accounts Payable and its Capital Stock accounts. Check out
Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Health Catalyst. 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.
For more information on how to buy Health Stock please use our
How to Invest in Health Catalyst guide.
Accounts Payable vs Capital Stock
Accounts Payable vs Capital Stock Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Health Catalyst Accounts Payable account and
Capital Stock. At this time, the significance of the direction appears to have strong relationship.
The correlation between Health Catalyst's Accounts Payable and Capital Stock is 0.65. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Capital Stock in the same time period over historical financial statements of Health Catalyst, assuming nothing else is changed. The correlation between historical values of Health Catalyst's Accounts Payable and Capital Stock is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Accounts Payable of Health Catalyst are associated (or correlated) with its Capital Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capital Stock has no effect on the direction of Accounts Payable i.e., Health Catalyst's Accounts Payable and Capital Stock go up and down completely randomly.
Correlation Coefficient | 0.65 |
| Relationship Direction | Positive |
| Relationship Strength | Significant |
Accounts Payable
An accounting item on the balance sheet that represents Health Catalyst obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Health Catalyst are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.
Capital Stock
The total amount of a company's capital funded by shareholders through the issue and subscription of shares.
Most indicators from Health Catalyst's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Health Catalyst 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 Health Catalyst. 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.
For more information on how to buy Health Stock please use our
How to Invest in Health Catalyst guide.At this time, Health Catalyst's
Tax Provision is comparatively stable compared to the past year.
Enterprise Value is likely to gain to about 1.2
B in 2024, whereas
Selling General Administrative is likely to drop slightly above 55.4
M in 2024.
Health Catalyst fundamental ratios Correlations
Click cells to compare fundamentals
Health Catalyst Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Health Catalyst fundamental ratios Accounts
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Additional Tools for Health Stock Analysis
When running Health Catalyst's price analysis, check to
measure Health Catalyst'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 Health Catalyst is operating at the current time. Most of Health Catalyst's value examination focuses on studying past and present price action to
predict the probability of Health Catalyst's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Health Catalyst's price. Additionally, you may evaluate how the addition of Health Catalyst to your portfolios can decrease your overall portfolio volatility.