Mednax Price Cash Flow Ratio vs Change In Cash Analysis
MD Stock | USD 14.96 0.21 1.42% |
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 Price Cash Flow Ratio and its Change In Cash 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.
Price Cash Flow Ratio vs Change In Cash
Price Cash Flow Ratio vs Change In Cash Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Mednax Inc Price Cash Flow Ratio account and Change In Cash. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Mednax's Price Cash Flow Ratio and Change In Cash is -0.26. Overlapping area represents the amount of variation of Price Cash Flow Ratio that can explain the historical movement of Change In Cash 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 Price Cash Flow Ratio and Change In Cash is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Price Cash Flow Ratio of Mednax Inc are associated (or correlated) with its Change In Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Change In Cash has no effect on the direction of Price Cash Flow Ratio i.e., Mednax's Price Cash Flow Ratio and Change In Cash go up and down completely randomly.
Correlation Coefficient | -0.26 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Price Cash Flow Ratio
Change In Cash
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 Profit | 513.2M | 467.0M | 421.6M | 542.2M | Total Revenue | 1.9B | 2.0B | 2.0B | 1.5B |
Mednax fundamental ratios Correlations
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Mednax Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Mednax fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 4.1B | 3.3B | 2.7B | 2.3B | 2.2B | 2.2B | |
Short Long Term Debt Total | 1.8B | 1.8B | 1.1B | 753.6M | 701.6M | 527.9M | |
Other Current Liab | (23.4M) | 298.3M | 300.3M | 283.4M | 256.2M | 191.0M | |
Total Current Liabilities | 511.9M | 423.2M | 394.1M | 374.2M | 388.9M | 284.3M | |
Total Stockholder Equity | 1.5B | 747.7M | 896.7M | 891.6M | 849.1M | 1.2B | |
Property Plant And Equipment Net | 82.8M | 56.0M | 65.5M | 66.9M | 145.9M | 285.9M | |
Net Debt | 1.7B | 680.9M | 678.4M | 743.7M | 628.4M | 431.5M | |
Retained Earnings | 510.2M | (286.4M) | (155.4M) | (89.1M) | (149.5M) | (142.0M) | |
Accounts Payable | 511.9M | 59.8M | 36.6M | 31.9M | 34.6M | 32.9M | |
Cash | 112.8M | 1.1B | 387.4M | 9.8M | 73.3M | 89.9M | |
Non Current Assets Total | 3.5B | 1.8B | 2.0B | 2.0B | 1.7B | 1.9B | |
Non Currrent Assets Other | (162.4M) | 107.4M | (88.3M) | (105.9M) | 82.2M | 86.3M | |
Cash And Short Term Investments | 112.8M | 1.2B | 387.4M | 9.8M | 177.7M | 106.1M | |
Net Receivables | 498.9M | 241.9M | 301.8M | 296.8M | 279.9M | 228.1M | |
Common Stock Shares Outstanding | 83.5M | 83.4M | 85.8M | 84.1M | 82.2M | 77.1M | |
Liabilities And Stockholders Equity | 4.1B | 3.3B | 2.7B | 2.3B | 2.2B | 2.2B | |
Non Current Liabilities Total | 2.1B | 2.2B | 1.4B | 1.1B | 981.8M | 731.0M | |
Other Current Assets | 45.4M | 78.7M | 51.7M | 28.1M | 25.8M | 39.1M | |
Other Stockholder Equity | 987.9M | 1.0B | 1.0B | 983.6M | 999.9M | 695.6M | |
Total Liab | 2.6B | 2.6B | 1.8B | 1.5B | 1.4B | 982.2M | |
Property Plant And Equipment Gross | 177.3M | 132.2M | 70.2M | 73.3M | 288.6M | 303.1M | |
Total Current Assets | 657.0M | 1.5B | 740.8M | 334.8M | 483.5M | 382.4M | |
Accumulated Other Comprehensive Income | 78K | 3.5M | 1.3M | (3.7M) | (2.2M) | (2.3M) | |
Short Term Debt | 23.4M | 42.3M | 44.3M | 60.5M | 59.5M | 62.5M | |
Common Stock Total Equity | 842K | 856K | 864K | 829K | 953.4K | 643.9K | |
Common Stock | 842K | 856K | 864K | 829K | 840K | 655.1K | |
Other Liab | 330.2M | 372.4M | 365.9M | 348.7M | 401.0M | 421.0M | |
Other Assets | 1.8B | 217.8M | 219.4M | 229.1M | 263.5M | 212.4M | |
Intangible Assets | 274.4M | 26.6M | 21.6M | 18.5M | 21.2M | 20.2M | |
Property Plant Equipment | 129.1M | 76.2M | 70.2M | 73.3M | 84.3M | 64.4M | |
Long Term Debt | 1.7B | 1.7B | 1.0B | 636.4M | 611.6M | 643.8M | |
Good Will | 3.1B | 1.7B | 1.8B | 1.8B | 1.4B | 2.2B | |
Short Term Investments | 74.5M | 104.9M | 99.7M | 93.2M | 104.5M | 109.7M | |
Net Tangible Assets | (9.4M) | (757.1M) | 896.5M | 891.6M | 1.0B | 1.1B | |
Long Term Debt Total | 1.7B | 1.7B | 1.0B | 636.4M | 731.8M | 1.1B |
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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.