Health Total Stockholder Equity vs Property Plant And Equipment Net Analysis

HPP Stock   0.04  0.00  0.00%   
Health financial indicator trend analysis is much more than just examining Health and Plant latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Health and Plant is a good investment. Please check the relationship between Health Total Stockholder Equity and its Property Plant And Equipment Net accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Health and Plant. 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 Property Plant And Equipment Net

Total Stockholder Equity vs Property Plant And Equipment Net Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Health and Plant Total Stockholder Equity account and Property Plant And Equipment Net. At this time, the significance of the direction appears to have very week relationship.
The correlation between Health's Total Stockholder Equity and Property Plant And Equipment Net is 0.22. Overlapping area represents the amount of variation of Total Stockholder Equity that can explain the historical movement of Property Plant And Equipment Net in the same time period over historical financial statements of Health and Plant, assuming nothing else is changed. The correlation between historical values of Health's Total Stockholder Equity and Property Plant And Equipment Net 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 Health and Plant are associated (or correlated) with its Property Plant And Equipment Net. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant And Equipment Net has no effect on the direction of Total Stockholder Equity i.e., Health's Total Stockholder Equity and Property Plant And Equipment Net go up and down completely randomly.

Correlation Coefficient

0.22
Relationship DirectionPositive 
Relationship StrengthVery 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.

Property Plant And Equipment Net

The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.
Most indicators from Health's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Health and Plant 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 and Plant. 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.
At this time, Health's Tax Provision is comparatively stable compared to the past year. Issuance Of Capital Stock is likely to gain to about 7.6 M in 2024, whereas Selling General Administrative is likely to drop slightly above 1 M in 2024.
 2021 2022 2023 2024 (projected)
Interest Expense1.5M3.5M4.0M4.2M
Depreciation And Amortization209K131K1.1M1.6M

Health fundamental ratios Correlations

0.370.890.860.970.220.560.820.470.730.410.960.350.410.510.670.970.40.980.960.64-0.16-0.450.160.30.59
0.370.270.430.250.60.40.48-0.330.260.170.28-0.190.140.050.250.370.450.440.420.440.520.36-0.170.090.12
0.890.270.750.880.270.670.730.520.570.240.860.270.250.560.610.870.330.870.860.51-0.24-0.50.180.510.33
0.860.430.750.8-0.020.550.730.490.690.450.760.490.440.50.250.820.530.870.890.93-0.23-0.510.060.340.54
0.970.250.880.80.220.610.680.580.780.480.940.440.50.620.620.940.210.910.930.54-0.23-0.540.040.380.67
0.220.60.27-0.020.220.380.16-0.450.110.040.26-0.490.060.140.440.2-0.130.210.16-0.150.670.51-0.050.04-0.05
0.560.40.670.550.610.380.380.420.480.20.550.460.210.70.150.470.020.490.520.43-0.12-0.33-0.510.760.31
0.820.480.730.730.680.160.380.20.33-0.010.840.16-0.030.130.680.810.580.890.740.64-0.06-0.20.340.230.15
0.47-0.330.520.490.58-0.450.420.20.460.250.440.80.250.570.010.44-0.040.370.470.35-0.9-0.98-0.150.610.47
0.730.260.570.690.780.110.480.330.460.540.610.370.540.790.290.690.180.670.790.45-0.1-0.39-0.160.150.82
0.410.170.240.450.480.040.2-0.010.250.540.290.30.990.26-0.010.4-0.050.340.490.380.04-0.26-0.280.10.69
0.960.280.860.760.940.260.550.840.440.610.290.330.30.460.730.920.240.940.850.54-0.16-0.410.210.360.46
0.35-0.190.270.490.44-0.490.460.160.80.370.30.330.310.38-0.210.32-0.010.260.340.49-0.69-0.78-0.460.510.58
0.410.140.250.440.50.060.21-0.030.250.540.990.30.310.270.010.41-0.060.330.490.360.04-0.26-0.290.080.71
0.510.050.560.50.620.140.70.130.570.790.260.460.380.270.070.4-0.120.410.510.3-0.27-0.47-0.280.510.48
0.670.250.610.250.620.440.150.680.010.29-0.010.73-0.210.010.070.70.250.690.56-0.030.170.040.41-0.040.18
0.970.370.870.820.940.20.470.810.440.690.40.920.320.410.40.70.410.960.950.59-0.14-0.420.170.240.59
0.40.450.330.530.21-0.130.020.58-0.040.18-0.050.24-0.01-0.06-0.120.250.410.520.520.540.04-0.020.27-0.230.13
0.980.440.870.870.910.210.490.890.370.670.340.940.260.330.410.690.960.520.950.68-0.09-0.360.250.230.5
0.960.420.860.890.930.160.520.740.470.790.490.850.340.490.510.560.950.520.950.68-0.15-0.450.10.220.66
0.640.440.510.930.54-0.150.430.640.350.450.380.540.490.360.3-0.030.590.540.680.68-0.2-0.410.010.30.36
-0.160.52-0.24-0.23-0.230.67-0.12-0.06-0.9-0.10.04-0.16-0.690.04-0.270.17-0.140.04-0.09-0.15-0.20.92-0.01-0.46-0.16
-0.450.36-0.5-0.51-0.540.51-0.33-0.2-0.98-0.39-0.26-0.41-0.78-0.26-0.470.04-0.42-0.02-0.36-0.45-0.410.920.04-0.54-0.42
0.16-0.170.180.060.04-0.05-0.510.34-0.15-0.16-0.280.21-0.46-0.29-0.280.410.170.270.250.10.01-0.010.04-0.38-0.35
0.30.090.510.340.380.040.760.230.610.150.10.360.510.080.51-0.040.24-0.230.230.220.3-0.46-0.54-0.38-0.01
0.590.120.330.540.67-0.050.310.150.470.820.690.460.580.710.480.180.590.130.50.660.36-0.16-0.42-0.35-0.01
Click cells to compare fundamentals

Health Account Relationship Matchups

Health fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets73.6M49.9M56.1M8.6M6.3M5.9M
Short Long Term Debt Total22.9M27.8M20.2M21.2M24.4M13.8M
Other Current Liab6.1M2.3M2.7M1.3M112K106.4K
Total Current Liabilities29.2M23.8M6.7M1.3M112K106.4K
Total Stockholder Equity26.4M20.9M25.0M7.3M6.2M5.8M
Property Plant And Equipment Net37.8M27.3M25.9M31.9M36.6M21.0M
Net Debt25.1M17.5M17.7M(3.7M)(1.3M)(1.2M)
Retained Earnings(43.6M)(52.1M)(51.5M)(53.3M)(54.1M)(51.4M)
Accounts Payable7.8M2.6M2.3M2.4M2.7M4.3M
Cash2.7M2.7M3.5M3.7M1.3M2.2M
Non Current Assets Total35.2M40.6M29.0M30.3M32.6M0.0
Cash And Short Term Investments2.7M2.7M3.5M3.7M1.3M2.2M
Net Receivables825K1.7M2.2M4.8M5.0M7.5M
Liabilities And Stockholders Equity73.6M49.9M56.1M8.6M6.3M5.9M
Non Current Liabilities Total18.6M21.8M18.0M5.2M24.4M0.0
Inventory15.7M27.2M23.7M13.7M16.6M0.0
Other Current Assets17.4M2.2M1.3M3K11K10.5K
Total Liab47.2M29.0M31.1M1.3M112K106.4K
Total Current Assets44.6M19.6M23.5M8.6M6.3M5.9M
Accumulated Other Comprehensive Income15.2M12.4M15.9M178K204.7K194.5K
Short Term Debt3.7M9.4M17.2M18.9M1.6M0.0
Intangible Assets2.5M2.3M1.7M1.1M753K0.0
Short Term Investments25K155K10K7K8.1K7.6K
Long Term Debt10.3M13.4M10.3M225K18.6M0.0
Long Term Debt Total10.3M13.4M10.6M1.3M19.6M0.0
Property Plant Equipment32.1M37.8M27.3M25.9M31.9M0.0
Other Liab8.3M7.4M3.9M4.9M4.4M5.4M
Net Tangible Assets24.7M19.8M24.3M7.3M6.6M6.2M
Other Stockholder Equity17.5M15.2M12.4M15.9M18.3M15.6M
Net Invested Capital53.4M39.6M45.0M7.3M6.2M5.8M
Short Long Term Debt9.4M16.8M18.4M1.4M1.6M1.5M
Cash And Equivalents2.7M2.7M3.5M3.7M3.4M2.8M
Net Working Capital15.4M(4.2M)16.8M7.3M6.2M9.7M

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Additional Tools for Health Stock Analysis

When running Health's price analysis, check to measure Health'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 is operating at the current time. Most of Health's value examination focuses on studying past and present price action to predict the probability of Health'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's price. Additionally, you may evaluate how the addition of Health to your portfolios can decrease your overall portfolio volatility.