Integrated Ebitda vs Other Operating Expenses Analysis

IDHC Stock   0.41  0.01  2.38%   
Integrated Diagnostics financial indicator trend analysis is infinitely more than just investigating Integrated Diagnostics recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Integrated Diagnostics is a good investment. Please check the relationship between Integrated Diagnostics Ebitda and its Other Operating Expenses accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Integrated Diagnostics Holdings. 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.

Ebitda vs Other Operating Expenses

Ebitda vs Other Operating Expenses Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Integrated Diagnostics Ebitda account and Other Operating Expenses. At this time, the significance of the direction appears to have strong relationship.
The correlation between Integrated Diagnostics' Ebitda and Other Operating Expenses is 0.77. Overlapping area represents the amount of variation of Ebitda that can explain the historical movement of Other Operating Expenses in the same time period over historical financial statements of Integrated Diagnostics Holdings, assuming nothing else is changed. The correlation between historical values of Integrated Diagnostics' Ebitda and Other Operating Expenses is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Ebitda of Integrated Diagnostics Holdings are associated (or correlated) with its Other Operating Expenses. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Operating Expenses has no effect on the direction of Ebitda i.e., Integrated Diagnostics' Ebitda and Other Operating Expenses go up and down completely randomly.

Correlation Coefficient

0.77
Relationship DirectionPositive 
Relationship StrengthSignificant

Ebitda

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Integrated Diagnostics. It is also known as Integrated Diagnostics overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.
Most indicators from Integrated Diagnostics' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Integrated Diagnostics 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 Integrated Diagnostics Holdings. 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.
Tax Provision is likely to gain to about 339.1 M in 2024, whereas Selling General Administrative is likely to drop slightly above 168.1 M in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit2.8B1.5B1.5B1.1B
Total Revenue5.2B3.6B4.1B2.3B

Integrated Diagnostics fundamental ratios Correlations

0.510.920.960.850.880.130.920.980.820.950.480.820.840.460.57-0.310.890.80.72-0.420.990.840.960.73-0.38
0.510.270.330.690.780.870.690.480.360.60.20.20.860.810.42-0.870.740.810.69-0.730.430.770.390.7-0.43
0.920.270.970.660.74-0.060.820.880.680.830.410.860.680.30.38-0.160.770.650.59-0.220.950.710.920.69-0.24
0.960.330.970.760.77-0.060.880.950.810.840.530.920.730.360.53-0.180.790.680.58-0.30.980.730.980.65-0.39
0.850.690.660.760.770.320.880.830.810.770.420.740.810.570.49-0.490.760.760.71-0.450.780.740.850.6-0.31
0.880.780.740.770.770.490.920.860.640.920.380.560.980.790.55-0.670.990.960.88-0.620.850.990.760.88-0.48
0.130.87-0.06-0.060.320.490.310.08-0.130.31-0.01-0.230.580.630.15-0.790.430.540.47-0.620.050.5-0.030.55-0.22
0.920.690.820.880.880.920.310.90.80.840.50.810.920.690.61-0.60.920.90.75-0.560.890.90.910.77-0.53
0.980.480.880.950.830.860.080.90.840.920.60.810.820.460.67-0.270.860.780.68-0.450.980.820.950.68-0.5
0.820.360.680.810.810.64-0.130.80.840.670.440.850.640.390.6-0.210.670.60.49-0.30.80.610.880.38-0.44
0.950.60.830.840.770.920.310.840.920.670.340.60.870.520.51-0.380.920.850.81-0.450.930.90.820.81-0.31
0.480.20.410.530.420.38-0.010.50.60.440.340.530.420.230.72-0.050.340.310.13-0.50.480.310.560.26-0.77
0.820.20.860.920.740.56-0.230.810.810.850.60.530.550.250.45-0.10.590.50.38-0.190.830.530.940.41-0.35
0.840.860.680.730.810.980.580.920.820.640.870.420.550.820.58-0.730.970.960.85-0.680.80.970.740.88-0.53
0.460.810.30.360.570.790.630.690.460.390.520.230.250.820.33-0.90.770.830.8-0.60.410.810.370.69-0.44
0.570.420.380.530.490.550.150.610.670.60.510.720.450.580.33-0.180.510.470.2-0.460.560.480.560.34-0.88
-0.31-0.87-0.16-0.18-0.49-0.67-0.79-0.6-0.27-0.21-0.38-0.05-0.1-0.73-0.9-0.18-0.65-0.79-0.70.68-0.24-0.72-0.23-0.640.33
0.890.740.770.790.760.990.430.920.860.670.920.340.590.970.770.51-0.650.960.89-0.590.870.990.780.87-0.44
0.80.810.650.680.760.960.540.90.780.60.850.310.50.960.830.47-0.790.960.91-0.690.760.990.70.86-0.44
0.720.690.590.580.710.880.470.750.680.490.810.130.380.850.80.2-0.70.890.91-0.460.680.910.580.83-0.11
-0.42-0.73-0.22-0.3-0.45-0.62-0.62-0.56-0.45-0.3-0.45-0.5-0.19-0.68-0.6-0.460.68-0.59-0.69-0.46-0.37-0.64-0.35-0.540.67
0.990.430.950.980.780.850.050.890.980.80.930.480.830.80.410.56-0.240.870.760.68-0.370.820.950.72-0.38
0.840.770.710.730.740.990.50.90.820.610.90.310.530.970.810.48-0.720.990.990.91-0.640.820.720.88-0.43
0.960.390.920.980.850.76-0.030.910.950.880.820.560.940.740.370.56-0.230.780.70.58-0.350.950.720.6-0.41
0.730.70.690.650.60.880.550.770.680.380.810.260.410.880.690.34-0.640.870.860.83-0.540.720.880.6-0.29
-0.38-0.43-0.24-0.39-0.31-0.48-0.22-0.53-0.5-0.44-0.31-0.77-0.35-0.53-0.44-0.880.33-0.44-0.44-0.110.67-0.38-0.43-0.41-0.29
Click cells to compare fundamentals

Integrated Diagnostics Account Relationship Matchups

Integrated Diagnostics fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets3.8B4.2B6.2B5.3B5.8B4.1B
Short Long Term Debt Total444.8M552.1M98.1M116.4M1.2B1.2B
Other Current Liab374.0M488.3M1.4B871.0M679.8M412.0M
Total Current Liabilities828.2M1.0B2.3B1.5B1.3B880.3M
Total Stockholder Equity2.2B2.3B2.6B2.2B2.7B2.4B
Property Plant And Equipment Net1.1B1.1B1.5B1.9B2.1B2.2B
Net Debt35.9M(48.1M)(793.4M)(532.1M)504.9M530.2M
Retained Earnings456.7M603.3M1.6B783.1M1.3B1.3B
Accounts Payable145.2M177.6M311.3M269.8M271.7M165.7M
Cash408.9M600.1M891.5M648.5M674.3M572.3M
Non Current Assets Total2.7B2.8B3.2B3.7B3.8B2.8B
Non Currrent Assets Other(1K)276.6M1.5B18.1M20.8M19.7M
Cash And Short Term Investments630.5M876.8M2.4B815.9M860.5M815.7M
Net Receivables261.7M326.8M373.9M397.5M571.5M600.1M
Good Will1.3B1.3B1.3B1.3B1.3B1.4B
Liabilities And Stockholders Equity3.8B4.2B6.2B5.3B5.8B4.1B
Non Current Liabilities Total567.0M741.7M1.1B1.4B1.4B1.5B
Inventory84.3M100.1M222.6M265.5M374.7M393.4M
Other Current Assets61.4M56.7M95.9M146.4M155.7M163.5M
Other Stockholder Equity1.1B1.1B1.1B1.1B(427.1M)(405.8M)
Total Liab1.4B1.8B3.4B2.8B2.7B1.5B
Property Plant And Equipment Gross1.1B1.1B2.1B2.8B3.2B3.4B
Total Current Assets1.0B1.4B3.0B1.6B2.0B1.3B
Accumulated Other Comprehensive Income(387.7M)(482.7M)(1.1B)(780.8M)(753.2M)(715.6M)
Short Term Debt87.1M85.9M137.2M171.4M220.4M231.4M
Intangible Assets398.6M399.8M402.5M418.2M422.9M335.8M
Other Liab196.8M209.3M275.5M371.3M427.0M222.5M
Net Tangible Assets597.6M554.7M610.2M924.0M1.1B551.2M
Long Term Debt81.3M67.6M76.3M93.8M67.5M58.8M
Property Plant Equipment705.8M1.0B1.1B1.5B1.7B1.8B
Short Term Investments221.6M276.6M1.5B167.4M186.3M365.1M
Capital Lease Obligations338.1M459.0M760.7M1.1B1.1B556.7M
Net Invested Capital2.3B2.4B2.7B2.3B2.8B2.7B
Net Working Capital209.7M351.0M693.6M160.2M686.9M468.6M

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