Healthco Current Deferred Revenue vs Common Stock Shares Outstanding Analysis

HCW Stock   1.14  0.04  3.64%   
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 Current Deferred Revenue and its Common Stock Shares Outstanding 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.

Current Deferred Revenue vs Common Stock Shares Outstanding

Current Deferred Revenue vs Common Stock Shares Outstanding Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Healthco Healthcare and Current Deferred Revenue account and Common Stock Shares Outstanding. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Healthco Healthcare's Current Deferred Revenue and Common Stock Shares Outstanding is 0.94. Overlapping area represents the amount of variation of Current Deferred Revenue that can explain the historical movement of Common Stock Shares Outstanding 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 Current Deferred Revenue and Common Stock Shares Outstanding is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Current Deferred Revenue of Healthco Healthcare and are associated (or correlated) with its Common Stock Shares Outstanding. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Shares Outstanding has no effect on the direction of Current Deferred Revenue i.e., Healthco Healthcare's Current Deferred Revenue and Common Stock Shares Outstanding go up and down completely randomly.

Correlation Coefficient

0.94
Relationship DirectionPositive 
Relationship StrengthVery Strong

Current Deferred Revenue

Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.

Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.
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 Profit16.3M24.3M56.8M35.7M
Total Revenue24.5M40.2M73.8M50.8M

Healthco Healthcare fundamental ratios Correlations

1.00.990.990.99-0.610.681.0-0.790.980.791.00.62-0.971.00.790.910.740.961.0-0.6-0.031.01.00.630.04
1.00.990.990.98-0.570.631.0-0.760.990.771.00.66-0.961.00.770.90.710.951.0-0.56-0.081.01.00.580.1
0.990.991.00.97-0.540.581.0-0.71.00.70.990.73-0.930.990.70.840.630.920.99-0.49-0.180.990.990.520.15
0.990.991.00.97-0.530.570.99-0.71.00.690.980.73-0.930.990.690.840.630.920.99-0.49-0.180.990.990.520.15
0.990.980.970.97-0.710.760.98-0.860.960.840.990.53-0.990.980.840.940.80.990.98-0.690.070.980.990.72-0.08
-0.61-0.57-0.54-0.53-0.71-0.95-0.560.92-0.51-0.73-0.620.080.76-0.57-0.73-0.72-0.8-0.79-0.570.93-0.5-0.57-0.62-0.950.76
0.680.630.580.570.76-0.950.63-0.980.550.90.69-0.13-0.830.630.90.860.940.850.63-0.990.640.630.681.0-0.68
1.01.01.00.990.98-0.560.63-0.750.990.761.00.67-0.961.00.760.890.70.941.0-0.55-0.091.01.00.580.11
-0.79-0.76-0.7-0.7-0.860.92-0.98-0.75-0.68-0.94-0.8-0.030.91-0.76-0.94-0.93-0.96-0.93-0.760.96-0.54-0.75-0.8-0.970.54
0.980.991.01.00.96-0.510.550.99-0.680.680.980.75-0.920.990.680.830.610.910.99-0.46-0.20.990.980.50.18
0.790.770.70.690.84-0.730.90.76-0.940.680.810.04-0.880.771.00.970.990.890.77-0.890.570.770.80.88-0.34
1.01.00.990.980.99-0.620.691.0-0.80.980.810.6-0.981.00.810.920.760.971.0-0.62-0.011.01.00.650.03
0.620.660.730.730.530.08-0.130.67-0.030.750.040.6-0.440.660.040.27-0.060.40.660.23-0.80.660.62-0.180.67
-0.97-0.96-0.93-0.93-0.990.76-0.83-0.960.91-0.92-0.88-0.98-0.44-0.96-0.88-0.96-0.86-1.0-0.960.77-0.18-0.96-0.97-0.790.18
1.01.00.990.990.98-0.570.631.0-0.760.990.771.00.66-0.960.770.90.710.951.0-0.56-0.071.01.00.590.1
0.790.770.70.690.84-0.730.90.76-0.940.681.00.810.04-0.880.770.970.990.890.77-0.890.570.770.80.88-0.34
0.910.90.840.840.94-0.720.860.89-0.930.830.970.920.27-0.960.90.970.950.960.9-0.820.370.890.920.83-0.2
0.740.710.630.630.8-0.80.940.7-0.960.610.990.76-0.06-0.860.710.990.950.870.71-0.940.650.710.740.93-0.46
0.960.950.920.920.99-0.790.850.94-0.930.910.890.970.4-1.00.950.890.960.870.95-0.790.20.940.960.82-0.22
1.01.00.990.990.98-0.570.631.0-0.760.990.771.00.66-0.961.00.770.90.710.95-0.56-0.071.01.00.590.1
-0.6-0.56-0.49-0.49-0.690.93-0.99-0.550.96-0.46-0.89-0.620.230.77-0.56-0.89-0.82-0.94-0.79-0.56-0.72-0.55-0.61-1.00.73
-0.03-0.08-0.18-0.180.07-0.50.64-0.09-0.54-0.20.57-0.01-0.8-0.18-0.070.570.370.650.2-0.07-0.72-0.08-0.030.68-0.75
1.01.00.990.990.98-0.570.631.0-0.750.990.771.00.66-0.961.00.770.890.710.941.0-0.55-0.081.00.580.11
1.01.00.990.990.99-0.620.681.0-0.80.980.81.00.62-0.971.00.80.920.740.961.0-0.61-0.031.00.630.04
0.630.580.520.520.72-0.951.00.58-0.970.50.880.65-0.18-0.790.590.880.830.930.820.59-1.00.680.580.63-0.72
0.040.10.150.15-0.080.76-0.680.110.540.18-0.340.030.670.180.1-0.34-0.2-0.46-0.220.10.73-0.750.110.04-0.72
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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.