Healthco Total Liab vs Current Deferred Revenue Analysis

HCW Stock   1.03  0.02  1.98%   
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 Total Liab and its Current Deferred Revenue 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.

Total Liab vs Current Deferred Revenue

Total Liab vs Current Deferred Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Healthco Healthcare and Total Liab account and Current Deferred Revenue. At this time, the significance of the direction appears to have strong relationship.
The correlation between Healthco Healthcare's Total Liab and Current Deferred Revenue is 0.63. Overlapping area represents the amount of variation of Total Liab that can explain the historical movement of Current Deferred Revenue 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 Total Liab and Current Deferred Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Liab of Healthco Healthcare and are associated (or correlated) with its Current Deferred Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Current Deferred Revenue has no effect on the direction of Total Liab i.e., Healthco Healthcare's Total Liab and Current Deferred Revenue go up and down completely randomly.

Correlation Coefficient

0.63
Relationship DirectionPositive 
Relationship StrengthSignificant

Total Liab

The total amount of all liabilities that a company has, including both short-term and long-term liabilities.

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.
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

1.00.990.990.99-0.610.681.0-0.790.980.791.00.6-0.971.00.790.910.740.961.0-0.60.021.01.00.630.04
1.00.990.990.98-0.570.631.0-0.760.990.771.00.64-0.961.00.770.90.710.951.0-0.56-0.021.01.00.580.1
0.990.991.00.97-0.540.581.0-0.71.00.70.990.71-0.930.990.70.840.630.920.99-0.49-0.120.990.990.520.15
0.990.991.00.97-0.530.570.99-0.71.00.690.990.71-0.930.990.690.840.630.920.99-0.49-0.130.990.990.520.15
0.990.980.970.97-0.710.760.98-0.860.960.840.990.51-0.990.980.840.940.80.990.98-0.690.120.980.990.72-0.08
-0.61-0.57-0.54-0.53-0.71-0.95-0.560.92-0.51-0.73-0.610.10.76-0.57-0.73-0.72-0.8-0.79-0.570.93-0.53-0.57-0.62-0.950.76
0.680.630.580.570.76-0.950.63-0.980.550.90.68-0.15-0.830.630.90.860.940.850.63-0.990.680.630.681.0-0.68
1.01.01.00.990.98-0.560.63-0.750.990.761.00.65-0.961.00.760.890.70.941.0-0.55-0.031.01.00.580.11
-0.79-0.76-0.7-0.7-0.860.92-0.98-0.75-0.68-0.94-0.79-0.010.91-0.76-0.94-0.93-0.96-0.93-0.760.96-0.58-0.75-0.8-0.970.54
0.980.991.01.00.96-0.510.550.99-0.680.680.980.73-0.920.990.680.830.610.910.99-0.46-0.150.990.980.50.18
0.790.770.70.690.84-0.730.90.76-0.940.680.80.01-0.880.771.00.970.990.890.77-0.890.620.770.80.88-0.34
1.01.00.990.990.99-0.610.681.0-0.790.980.80.6-0.971.00.80.920.740.961.0-0.60.031.01.00.630.04
0.60.640.710.710.510.1-0.150.65-0.010.730.010.6-0.410.640.010.24-0.090.380.640.25-0.780.640.6-0.210.68
-0.97-0.96-0.93-0.93-0.990.76-0.83-0.960.91-0.92-0.88-0.97-0.41-0.96-0.88-0.96-0.86-1.0-0.960.77-0.23-0.96-0.97-0.790.18
1.01.00.990.990.98-0.570.631.0-0.760.990.771.00.64-0.960.770.90.710.951.0-0.56-0.021.01.00.590.1
0.790.770.70.690.84-0.730.90.76-0.940.681.00.80.01-0.880.770.970.990.890.77-0.890.620.770.80.88-0.34
0.910.90.840.840.94-0.720.860.89-0.930.830.970.920.24-0.960.90.970.950.960.9-0.820.420.890.920.83-0.2
0.740.710.630.630.8-0.80.940.7-0.960.610.990.74-0.09-0.860.710.990.950.870.71-0.940.690.710.740.93-0.46
0.960.950.920.920.99-0.790.850.94-0.930.910.890.960.38-1.00.950.890.960.870.95-0.790.250.940.960.82-0.22
1.01.00.990.990.98-0.570.631.0-0.760.990.771.00.64-0.961.00.770.90.710.95-0.56-0.021.01.00.590.1
-0.6-0.56-0.49-0.49-0.690.93-0.99-0.550.96-0.46-0.89-0.60.250.77-0.56-0.89-0.82-0.94-0.79-0.56-0.75-0.55-0.61-1.00.73
0.02-0.02-0.12-0.130.12-0.530.68-0.03-0.58-0.150.620.03-0.78-0.23-0.020.620.420.690.25-0.02-0.75-0.030.030.71-0.74
1.01.00.990.990.98-0.570.631.0-0.750.990.771.00.64-0.961.00.770.890.710.941.0-0.55-0.031.00.580.11
1.01.00.990.990.99-0.620.681.0-0.80.980.81.00.6-0.971.00.80.920.740.961.0-0.610.031.00.630.04
0.630.580.520.520.72-0.951.00.58-0.970.50.880.63-0.21-0.790.590.880.830.930.820.59-1.00.710.580.63-0.72
0.040.10.150.15-0.080.76-0.680.110.540.18-0.340.040.680.180.1-0.34-0.2-0.46-0.220.10.73-0.740.110.04-0.72
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Healthco Healthcare Account Relationship Matchups

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