Healthco Total Stockholder Equity vs Inventory 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 Total Stockholder Equity and its Inventory 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 Stockholder Equity vs Inventory
Total Stockholder Equity vs Inventory Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Healthco Healthcare and Total Stockholder Equity account and Inventory. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Healthco Healthcare's Total Stockholder Equity and Inventory is -0.69. Overlapping area represents the amount of variation of Total Stockholder Equity that can explain the historical movement of Inventory 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 Stockholder Equity and Inventory 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 Stockholder Equity of Healthco Healthcare and are associated (or correlated) with its Inventory. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Inventory has no effect on the direction of Total Stockholder Equity i.e., Healthco Healthcare's Total Stockholder Equity and Inventory go up and down completely randomly.
Correlation Coefficient | -0.69 |
Relationship Direction | Negative |
Relationship Strength | Weak |
Total Stockholder Equity
The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.Inventory
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
High Positive Relationship
High Negative Relationship
Thematic Opportunities
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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.