Healthco Cash vs Long Term Debt Analysis
| HCW Stock | 1.10 0.03 2.65% |
Healthco Healthcare financial indicator trend analysis is much more than just examining Healthco Healthcare and latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Healthco Healthcare and is a good investment. Please check the relationship between Healthco Healthcare Cash and its Long Term Debt accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Healthco Healthcare and. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
Cash vs Long Term Debt
Cash vs Long Term Debt Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Healthco Healthcare and Cash account and Long Term Debt. At this time, the significance of the direction appears to have strong relationship.
The correlation between Healthco Healthcare's Cash and Long Term Debt is 0.77. Overlapping area represents the amount of variation of Cash that can explain the historical movement of Long Term Debt in the same time period over historical financial statements of Healthco Healthcare and, assuming nothing else is changed. The correlation between historical values of Healthco Healthcare's Cash and Long Term Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash of Healthco Healthcare and are associated (or correlated) with its Long Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Debt has no effect on the direction of Cash i.e., Healthco Healthcare's Cash and Long Term Debt go up and down completely randomly.
Correlation Coefficient | 0.77 |
| Relationship Direction | Positive |
| Relationship Strength | Significant |
Cash
Cash refers to the most liquid asset of Healthco Healthcare and, which is listed under current asset account on Healthco Healthcare and balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Healthco Healthcare customers. The amounts must be unrestricted with restricted cash listed in a different Healthco Healthcare account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.Long Term Debt
Long-term debt is a debt that Healthco Healthcare and has held for over one year. Long-term debt appears on Healthco Healthcare and 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 Healthco Healthcare and 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.Most indicators from Healthco Healthcare's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Healthco Healthcare and 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 Healthco Healthcare and. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. Issuance Of Capital Stock is likely to gain to about 336 M in 2024, whereas Selling General Administrative is likely to drop slightly above 2.6 M in 2024.
| 2010 | 2022 | 2023 | 2024 (projected) | Gross Profit | 16.3M | 24.3M | 56.8M | 35.7M | Total Revenue | 24.5M | 40.2M | 73.8M | 50.8M |
Healthco Healthcare fundamental ratios Correlations
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Healthco Healthcare Account Relationship Matchups
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Additional Tools for Healthco Stock Analysis
When running Healthco Healthcare's price analysis, check to measure Healthco 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 Healthco Healthcare is operating at the current time. Most of Healthco Healthcare's value examination focuses on studying past and present price action to predict the probability of Healthco 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 Healthco Healthcare's price. Additionally, you may evaluate how the addition of Healthco Healthcare to your portfolios can decrease your overall portfolio volatility.