Mednax Cost Of Revenue vs Minority Interest Analysis

MD Stock  USD 14.85  0.00  0.00%   
Mednax financial indicator trend analysis is infinitely more than just investigating Mednax Inc recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Mednax Inc is a good investment. Please check the relationship between Mednax Cost Of Revenue and its Minority Interest accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Mednax Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment.

Cost Of Revenue vs Minority Interest

Cost Of Revenue vs Minority Interest Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Mednax Inc Cost Of Revenue account and Minority Interest. At this time, the significance of the direction appears to have very week relationship.
The correlation between Mednax's Cost Of Revenue and Minority Interest is 0.21. Overlapping area represents the amount of variation of Cost Of Revenue that can explain the historical movement of Minority Interest in the same time period over historical financial statements of Mednax Inc, assuming nothing else is changed. The correlation between historical values of Mednax's Cost Of Revenue and Minority Interest is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cost Of Revenue of Mednax Inc are associated (or correlated) with its Minority Interest. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Minority Interest has no effect on the direction of Cost Of Revenue i.e., Mednax's Cost Of Revenue and Minority Interest go up and down completely randomly.

Correlation Coefficient

0.21
Relationship DirectionPositive 
Relationship StrengthVery Weak

Cost Of Revenue

Cost of Revenue is found on Mednax Inc income statement and represents the costs associated with goods and services Mednax provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.

Minority Interest

Minority Interest is the portion of a subsidiary corporation stock that is not owned by the parent corporation. The magnitude of the minority interest in the subsidiary company is generally less than 50% of outstanding shares, otherwise the corporation would generally cease to be a subsidiary of the parent. Minority Interest can also be called non-controlling interest.All shareholders of Mednax Inc whose combined shares represent less than 50% of the total outstanding shares issued by Mednax have a minority interest in Mednax.
Most indicators from Mednax's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Mednax Inc 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 Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Mednax Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment.
At present, Mednax's Discontinued Operations is projected to decrease significantly based on the last few years of reporting. The current year's Issuance Of Capital Stock is expected to grow to about 6.9 M, whereas Sales General And Administrative To Revenue is forecasted to decline to 0.11.
 2021 2022 2023 2024 (projected)
Gross Profit513.2M467.0M421.6M542.2M
Total Revenue1.9B2.0B2.0B1.5B

Mednax fundamental ratios Correlations

0.80.690.640.86-0.160.860.740.830.00.98-0.09-0.010.950.590.850.170.820.850.10.42-0.330.670.710.630.22
0.80.360.560.38-0.310.920.250.550.370.70.180.370.780.10.99-0.110.650.990.260.670.00.550.570.730.48
0.690.360.420.720.010.380.630.340.010.67-0.190.020.550.660.440.260.70.45-0.080.28-0.180.580.60.48-0.48
0.640.560.420.450.390.530.280.360.160.58-0.460.160.710.620.60.40.80.640.250.490.20.590.60.560.31
0.860.380.720.450.030.550.950.82-0.340.91-0.3-0.350.780.750.450.310.630.46-0.080.03-0.560.490.530.31-0.05
-0.16-0.310.010.390.03-0.290.05-0.3-0.14-0.13-0.92-0.14-0.160.22-0.310.36-0.1-0.3-0.07-0.170.12-0.34-0.34-0.24-0.16
0.860.920.380.530.55-0.290.450.71-0.020.840.09-0.020.890.150.92-0.250.630.920.240.35-0.130.530.550.690.52
0.740.250.630.280.950.050.450.8-0.430.82-0.37-0.440.650.650.310.250.430.31-0.3-0.12-0.760.30.340.06-0.09
0.830.550.340.360.82-0.30.710.8-0.270.860.0-0.280.830.50.590.090.520.6-0.070.1-0.630.50.540.250.39
0.00.370.010.16-0.34-0.14-0.02-0.43-0.27-0.20.271.0-0.14-0.110.350.30.170.350.080.90.30.150.160.230.0
0.980.70.670.580.91-0.130.840.820.86-0.2-0.14-0.210.950.590.760.10.750.760.070.23-0.40.610.650.560.2
-0.090.18-0.19-0.46-0.3-0.920.09-0.370.00.27-0.140.28-0.08-0.40.16-0.35-0.040.150.310.20.170.220.20.230.15
-0.010.370.020.16-0.35-0.14-0.02-0.44-0.281.0-0.210.28-0.14-0.120.350.280.180.340.140.90.320.160.170.250.0
0.950.780.550.710.78-0.160.890.650.83-0.140.95-0.08-0.140.550.820.050.830.840.180.31-0.210.710.740.670.4
0.590.10.660.620.750.220.150.650.5-0.110.59-0.4-0.120.550.20.670.740.25-0.120.18-0.250.560.580.23-0.22
0.850.990.440.60.45-0.310.920.310.590.350.760.160.350.820.2-0.060.721.00.230.68-0.030.620.640.750.43
0.17-0.110.260.40.310.36-0.250.250.090.30.1-0.350.280.050.67-0.060.35-0.03-0.150.36-0.20.130.16-0.16-0.13
0.820.650.70.80.63-0.10.630.430.520.170.75-0.040.180.830.740.720.350.760.230.550.080.860.860.740.11
0.850.990.450.640.46-0.30.920.310.60.350.760.150.340.840.251.0-0.030.760.250.68-0.010.660.680.770.44
0.10.26-0.080.25-0.08-0.070.24-0.3-0.070.080.070.310.140.18-0.120.23-0.150.230.250.20.590.280.220.610.29
0.420.670.280.490.03-0.170.35-0.120.10.90.230.20.90.310.180.680.360.550.680.20.20.470.490.510.16
-0.330.0-0.180.2-0.560.12-0.13-0.76-0.630.3-0.40.170.32-0.21-0.25-0.03-0.20.08-0.010.590.20.110.070.450.01
0.670.550.580.590.49-0.340.530.30.50.150.610.220.160.710.560.620.130.860.660.280.470.110.990.70.08
0.710.570.60.60.53-0.340.550.340.540.160.650.20.170.740.580.640.160.860.680.220.490.070.990.690.08
0.630.730.480.560.31-0.240.690.060.250.230.560.230.250.670.230.75-0.160.740.770.610.510.450.70.690.15
0.220.48-0.480.31-0.05-0.160.52-0.090.390.00.20.150.00.4-0.220.43-0.130.110.440.290.160.010.080.080.15
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Mednax Account Relationship Matchups

Mednax fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets4.1B3.3B2.7B2.3B2.2B2.2B
Short Long Term Debt Total1.8B1.8B1.1B753.6M701.6M527.9M
Other Current Liab(23.4M)298.3M300.3M283.4M256.2M191.0M
Total Current Liabilities511.9M423.2M394.1M374.2M388.9M284.3M
Total Stockholder Equity1.5B747.7M896.7M891.6M849.1M1.2B
Property Plant And Equipment Net82.8M56.0M65.5M66.9M145.9M285.9M
Net Debt1.7B680.9M678.4M743.7M628.4M431.5M
Retained Earnings510.2M(286.4M)(155.4M)(89.1M)(149.5M)(142.0M)
Accounts Payable511.9M59.8M36.6M31.9M34.6M32.9M
Cash112.8M1.1B387.4M9.8M73.3M89.9M
Non Current Assets Total3.5B1.8B2.0B2.0B1.7B1.9B
Non Currrent Assets Other(162.4M)107.4M(88.3M)(105.9M)82.2M86.3M
Cash And Short Term Investments112.8M1.2B387.4M9.8M177.7M106.1M
Net Receivables498.9M241.9M301.8M296.8M279.9M228.1M
Common Stock Shares Outstanding83.5M83.4M85.8M84.1M82.2M77.1M
Liabilities And Stockholders Equity4.1B3.3B2.7B2.3B2.2B2.2B
Non Current Liabilities Total2.1B2.2B1.4B1.1B981.8M731.0M
Other Current Assets45.4M78.7M51.7M28.1M25.8M39.1M
Other Stockholder Equity987.9M1.0B1.0B983.6M999.9M695.6M
Total Liab2.6B2.6B1.8B1.5B1.4B982.2M
Property Plant And Equipment Gross177.3M132.2M70.2M73.3M288.6M303.1M
Total Current Assets657.0M1.5B740.8M334.8M483.5M382.4M
Accumulated Other Comprehensive Income78K3.5M1.3M(3.7M)(2.2M)(2.3M)
Short Term Debt23.4M42.3M44.3M60.5M59.5M62.5M
Common Stock Total Equity842K856K864K829K953.4K643.9K
Common Stock842K856K864K829K840K655.1K
Other Liab330.2M372.4M365.9M348.7M401.0M421.0M
Other Assets1.8B217.8M219.4M229.1M263.5M212.4M
Intangible Assets274.4M26.6M21.6M18.5M21.2M20.2M
Property Plant Equipment129.1M76.2M70.2M73.3M84.3M64.4M
Long Term Debt1.7B1.7B1.0B636.4M611.6M643.8M
Good Will3.1B1.7B1.8B1.8B1.4B2.2B
Short Term Investments74.5M104.9M99.7M93.2M104.5M109.7M
Net Tangible Assets(9.4M)(757.1M)896.5M891.6M1.0B1.1B
Long Term Debt Total1.7B1.7B1.0B636.4M731.8M1.1B

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Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Mednax Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment.
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Is Health Care Providers & Services space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Mednax. If investors know Mednax will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Mednax listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.11)
Earnings Share
(2.34)
Revenue Per Share
24.174
Quarterly Revenue Growth
0.009
Return On Assets
0.0467
The market value of Mednax Inc is measured differently than its book value, which is the value of Mednax that is recorded on the company's balance sheet. Investors also form their own opinion of Mednax's value that differs from its market value or its book value, called intrinsic value, which is Mednax's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Mednax's market value can be influenced by many factors that don't directly affect Mednax's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Mednax's value and its price as these two are different measures arrived at by different means. Investors typically determine if Mednax is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Mednax's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.