Healthcare Operating Income vs Gross Profit Analysis

HR Stock

USD 17.30 0.50 2.81%

Healthcare Realty financial indicator trend analysis is much more than just examining Healthcare Realty Trust latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Healthcare Realty Trust is a good investment. Please check the relationship between Healthcare Realty Operating Income and its Gross Profit accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Healthcare Realty Trust. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.

Operating Income vs Gross Profit

Operating Income vs Gross Profit Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Healthcare Realty Trust Operating Income account and Gross Profit. At this time, the significance of the direction appears to have fragmental relationship.

The correlation between Healthcare Realty's Operating Income and Gross Profit is 0.46. Overlapping area represents the amount of variation of Operating Income that can explain the historical movement of Gross Profit in the same time period over historical financial statements of Healthcare Realty Trust, assuming nothing else is changed. The correlation between historical values of Healthcare Realty's Operating Income and Gross Profit is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Operating Income of Healthcare Realty Trust are associated (or correlated) with its Gross Profit. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Gross Profit has no effect on the direction of Operating Income i.e., Healthcare Realty's Operating Income and Gross Profit go up and down completely randomly.

Correlation Coefficient

0.46

Relationship Direction	Positive
Relationship Strength	Weak

View All Relationships

Operating Income

Operating Income is the amount of profit realized from Healthcare Realty Trust operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Healthcare Realty Trust is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Healthcare Realty Trust minus its cost of goods sold. It is profit before Healthcare Realty operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Most indicators from Healthcare Realty's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Healthcare Realty Trust 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 Healthcare Realty Trust. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.

At this time, Healthcare Realty's Selling General Administrative is relatively stable compared to the past year. As of 11/24/2024, Sales General And Administrative To Revenue is likely to grow to 0.06, while Issuance Of Capital Stock is likely to drop slightly above 152.9 K.

	2021	2022	2023	2024 (projected)
Interest Expense	53.1M	139.9M	248.0M	260.4M
Depreciation And Amortization	449.1M	853.9M	730.7M	767.2M

Interest Expense Depreciation And Amortization

Healthcare Realty fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Cash And Short Term Investments	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Net Receivables	Total Current Liabilities	Common Stock Total Equity	Common Stock	Other Liab	Accounts Payable	Long Term Debt	Short Term Investments	Good Will
Total Assets		1.0	1.0	-0.13	1.0	-0.86	0.87	1.0	-0.45	0.56	0.87	0.9	1.0	0.96	1.0	-0.14	0.87	0.89	0.91	0.5	1.0	0.98	0.69	1.0	0.71	0.97
Short Long Term Debt Total	1.0		0.99	-0.12	1.0	-0.87	0.87	1.0	-0.43	0.55	0.87	0.89	0.99	0.96	1.0	-0.12	0.88	0.91	0.92	0.5	0.99	0.98	0.7	1.0	0.71	0.96
Total Stockholder Equity	1.0	0.99		-0.16	0.99	-0.86	0.87	1.0	-0.44	0.56	0.87	0.9	0.99	0.97	0.99	-0.17	0.86	0.88	0.9	0.5	1.0	0.98	0.69	0.99	0.72	0.97
Property Plant And Equipment Net	-0.13	-0.12	-0.16		-0.1	0.24	-0.1	-0.15	-0.44	-0.02	-0.1	-0.23	-0.19	-0.19	-0.1	1.0	-0.09	0.05	-0.2	-0.33	-0.19	-0.12	-0.06	-0.09	0.0	-0.11
Net Debt	1.0	1.0	0.99	-0.1		-0.86	0.86	1.0	-0.45	0.54	0.86	0.89	0.99	0.96	1.0	-0.1	0.88	0.91	0.91	0.49	0.99	0.98	0.7	1.0	0.71	0.97
Retained Earnings	-0.86	-0.87	-0.86	0.24	-0.86		-0.63	-0.86	0.13	-0.22	-0.63	-0.94	-0.88	-0.89	-0.86	0.25	-0.7	-0.8	-0.72	-0.73	-0.88	-0.84	-0.75	-0.84	-0.46	-0.78
Cash	0.87	0.87	0.87	-0.1	0.86	-0.63		0.88	-0.44	0.86	1.0	0.64	0.86	0.89	0.87	-0.1	0.68	0.67	0.82	0.48	0.84	0.79	0.3	0.89	0.58	0.8
Non Current Assets Total	1.0	1.0	1.0	-0.15	1.0	-0.86	0.88		-0.44	0.56	0.88	0.9	1.0	0.97	1.0	-0.16	0.86	0.89	0.9	0.51	1.0	0.98	0.69	1.0	0.7	0.97
Non Currrent Assets Other	-0.45	-0.43	-0.44	-0.44	-0.45	0.13	-0.44	-0.44		-0.45	-0.44	-0.25	-0.41	-0.38	-0.45	-0.43	-0.28	-0.42	-0.3	0.06	-0.41	-0.45	-0.07	-0.46	-0.25	-0.49
Other Assets	0.56	0.55	0.56	-0.02	0.54	-0.22	0.86	0.56	-0.45		0.86	0.22	0.53	0.58	0.55	-0.03	0.35	0.28	0.57	0.3	0.5	0.43	-0.14	0.59	0.36	0.47
Cash And Short Term Investments	0.87	0.87	0.87	-0.1	0.86	-0.63	1.0	0.88	-0.44	0.86		0.64	0.86	0.89	0.87	-0.1	0.68	0.67	0.82	0.48	0.84	0.79	0.3	0.89	0.58	0.8
Common Stock Shares Outstanding	0.9	0.89	0.9	-0.23	0.89	-0.94	0.64	0.9	-0.25	0.22	0.64		0.91	0.89	0.89	-0.24	0.75	0.85	0.74	0.57	0.92	0.9	0.83	0.87	0.51	0.87
Non Current Liabilities Total	1.0	0.99	0.99	-0.19	0.99	-0.88	0.86	1.0	-0.41	0.53	0.86	0.91		0.97	0.99	-0.2	0.85	0.89	0.9	0.53	1.0	0.98	0.69	0.99	0.68	0.96
Other Stockholder Equity	0.96	0.96	0.97	-0.19	0.96	-0.89	0.89	0.97	-0.38	0.58	0.89	0.89	0.97		0.96	-0.2	0.76	0.8	0.84	0.63	0.97	0.92	0.58	0.96	0.56	0.89
Total Liab	1.0	1.0	0.99	-0.1	1.0	-0.86	0.87	1.0	-0.45	0.55	0.87	0.89	0.99	0.96		-0.1	0.88	0.91	0.91	0.49	0.99	0.98	0.7	1.0	0.71	0.97
Property Plant And Equipment Gross	-0.14	-0.12	-0.17	1.0	-0.1	0.25	-0.1	-0.16	-0.43	-0.03	-0.1	-0.24	-0.2	-0.2	-0.1		-0.08	0.06	-0.2	-0.34	-0.2	-0.12	-0.07	-0.1	-0.01	-0.11
Total Current Assets	0.87	0.88	0.86	-0.09	0.88	-0.7	0.68	0.86	-0.28	0.35	0.68	0.75	0.85	0.76	0.88	-0.08		0.91	0.94	0.25	0.86	0.9	0.78	0.87	0.84	0.9
Net Receivables	0.89	0.91	0.88	0.05	0.91	-0.8	0.67	0.89	-0.42	0.28	0.67	0.85	0.89	0.8	0.91	0.06	0.91		0.86	0.32	0.89	0.93	0.83	0.89	0.73	0.91
Total Current Liabilities	0.91	0.92	0.9	-0.2	0.91	-0.72	0.82	0.9	-0.3	0.57	0.82	0.74	0.9	0.84	0.91	-0.2	0.94	0.86		0.37	0.89	0.9	0.64	0.91	0.78	0.9
Common Stock Total Equity	0.5	0.5	0.5	-0.33	0.49	-0.73	0.48	0.51	0.06	0.3	0.48	0.57	0.53	0.63	0.49	-0.34	0.25	0.32	0.37		0.51	0.41	0.22	0.48	0.04	0.33
Common Stock	1.0	0.99	1.0	-0.19	0.99	-0.88	0.84	1.0	-0.41	0.5	0.84	0.92	1.0	0.97	0.99	-0.2	0.86	0.89	0.89	0.51		0.98	0.73	0.99	0.7	0.97
Other Liab	0.98	0.98	0.98	-0.12	0.98	-0.84	0.79	0.98	-0.45	0.43	0.79	0.9	0.98	0.92	0.98	-0.12	0.9	0.93	0.9	0.41	0.98		0.78	0.97	0.75	0.99
Accounts Payable	0.69	0.7	0.69	-0.06	0.7	-0.75	0.3	0.69	-0.07	-0.14	0.3	0.83	0.69	0.58	0.7	-0.07	0.78	0.83	0.64	0.22	0.73	0.78		0.67	0.66	0.76
Long Term Debt	1.0	1.0	0.99	-0.09	1.0	-0.84	0.89	1.0	-0.46	0.59	0.89	0.87	0.99	0.96	1.0	-0.1	0.87	0.89	0.91	0.48	0.99	0.97	0.67		0.71	0.96
Short Term Investments	0.71	0.71	0.72	0.0	0.71	-0.46	0.58	0.7	-0.25	0.36	0.58	0.51	0.68	0.56	0.71	-0.01	0.84	0.73	0.78	0.04	0.7	0.75	0.66	0.71		0.79
Good Will	0.97	0.96	0.97	-0.11	0.97	-0.78	0.8	0.97	-0.49	0.47	0.8	0.87	0.96	0.89	0.97	-0.11	0.9	0.91	0.9	0.33	0.97	0.99	0.76	0.96	0.79

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Healthcare Realty Account Relationship Matchups

Healthcare Realty fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	3.6B	3.8B	4.3B	13.8B	12.6B	13.3B
Short Long Term Debt Total	1.7B	1.7B	2.0B	5.8B	5.3B	5.6B
Total Stockholder Equity	1.9B	1.9B	2.2B	7.6B	6.8B	7.2B
Net Debt	1.5B	1.7B	1.9B	5.6B	5.3B	5.5B
Retained Earnings	(1.6B)	(1.7B)	(1.8B)	(2.0B)	(2.8B)	(2.6B)
Cash	657K	15.3M	13.2M	61.0M	25.7M	27.0M
Non Current Assets Total	3.6B	3.8B	4.2B	13.4B	12.1B	12.7B
Non Currrent Assets Other	185.4M	3.6B	189.2M	(1.4B)	167.0M	175.4M
Other Assets	26K	61.1M	214.0M	11.8B	8.3M	7.9M
Cash And Short Term Investments	657K	15.3M	13.2M	61.0M	25.7M	27.0M
Common Stock Shares Outstanding	209.6M	221.7M	142.7M	253.9M	383.4M	402.6M
Liabilities And Stockholders Equity	3.6B	3.8B	4.3B	13.8B	12.6B	13.3B
Non Current Liabilities Total	1.6B	1.8B	2.0B	5.5B	5.2B	5.4B
Other Stockholder Equity	3.5B	5.3B	5.8B	11.6B	9.6B	10.1B
Total Liab	1.7B	1.9B	2.1B	6.2B	5.7B	6.0B
Total Current Assets	694K	35.9M	13.2M	404.9M	504.7M	529.9M
Net Receivables	83.5M	78.2M	84.9M	243.2M	353.7M	371.4M
Total Current Liabilities	78.7M	82.4M	86.4M	680.9M	562.1M	590.2M
Common Stock Total Equity	1.3M	1.3M	1.4M	1.5M	1.7M	879.6K
Accumulated Other Comprehensive Income	(6.2M)	(17.8M)	(10.0M)	2.1M	(10.7M)	(11.3M)
Common Stock	1.3M	1.4M	1.5M	3.8M	3.8M	4.0M
Other Liab	56.2M	54.4M	67.4M	214.4M	246.6M	258.9M
Accounts Payable	78.5M	81.2M	17.0M	57.4M	212.0M	222.6M
Long Term Debt	1.4B	1.6B	1.8B	5.4B	4.6B	4.9B
Inventory	91.4M	39.7M	13.2M	1.0	0.9	0.86
Other Current Assets	(174.8M)	70.5M	(98.0M)	(304.1M)	(379.4M)	(360.4M)
Intangible Assets	3.7M	628.6M	6.2M	81.8M	67.8M	124.1M
Other Current Liab	(214.3M)	1.2M	(185.8M)	187.1M	559.9M	587.9M
Net Tangible Assets	1.9B	1.9B	2.2B	5.4B	6.2B	6.6B
Retained Earnings Total Equity	(2.6B)	(2.7B)	(2.9B)	(3.0B)	(2.7B)	(2.9B)
Long Term Debt Total	1.4B	1.6B	1.8B	5.4B	6.2B	6.6B
Capital Surpluse	3.5B	3.6B	4.0B	9.6B	11.0B	11.6B
Long Term Investments	8.1M	73.1M	161.9M	335.1M	319.6M	335.6M
Non Current Liabilities Other	171.3M	179.9M	186.4M	127.1M	203.0M	106.5M
Property Plant Equipment	3.2B	3.4B	3.9B	12.7B	14.7B	15.4B

Pair Trading with Healthcare Realty

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Healthcare Realty position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Healthcare Realty will appreciate offsetting losses from the drop in the long position's value.

Moving against Healthcare Stock

0.47	SITC	Site Centers Corp	Pair Corr
0.38	PW	Power REIT	Pair Corr

The ability to find closely correlated positions to Healthcare Realty could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Healthcare Realty when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Healthcare Realty - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Healthcare Realty Trust to buy it.

The correlation of Healthcare Realty is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Healthcare Realty moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Healthcare Realty Trust moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for Healthcare Realty can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

Additional Tools for Healthcare Stock Analysis

When running Healthcare Realty's price analysis, check to measure Healthcare Realty'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 Healthcare Realty is operating at the current time. Most of Healthcare Realty's value examination focuses on studying past and present price action to predict the probability of Healthcare Realty's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Healthcare Realty's price. Additionally, you may evaluate how the addition of Healthcare Realty to your portfolios can decrease your overall portfolio volatility.

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