Medplus Capital Lease Obligations vs Common Stock Shares Outstanding Analysis

MEDPLUS Stock   750.35  3.50  0.47%   
Medplus Health financial indicator trend analysis is infinitely more than just investigating Medplus Health Services recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Medplus Health Services is a good investment. Please check the relationship between Medplus Health Capital Lease Obligations and its Common Stock Shares Outstanding accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Medplus Health Services. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.

Capital Lease Obligations vs Common Stock Shares Outstanding

Capital Lease Obligations vs Common Stock Shares Outstanding Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Medplus Health Services Capital Lease Obligations account and Common Stock Shares Outstanding. At this time, the significance of the direction appears to have no relationship.
The correlation between Medplus Health's Capital Lease Obligations and Common Stock Shares Outstanding is 0.08. Overlapping area represents the amount of variation of Capital Lease Obligations that can explain the historical movement of Common Stock Shares Outstanding in the same time period over historical financial statements of Medplus Health Services, assuming nothing else is changed. The correlation between historical values of Medplus Health's Capital Lease Obligations and Common Stock Shares Outstanding is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Capital Lease Obligations of Medplus Health Services are associated (or correlated) with its Common Stock Shares Outstanding. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Shares Outstanding has no effect on the direction of Capital Lease Obligations i.e., Medplus Health's Capital Lease Obligations and Common Stock Shares Outstanding go up and down completely randomly.

Correlation Coefficient

0.08
Relationship DirectionPositive 
Relationship StrengthInsignificant

Capital Lease Obligations

Medplus Health Services capital lease obligations are the amount due for long-term lease agreements that are nearly equivalent to Medplus Health asset purchases. For example, Medplus Health can use a capital lease to finance the purchase of an asset without ever buying it. A capital lease gives companies such as Medplus Health control over an asset for a big portion of its life. The total obligations of a company under capital leases, which are lease agreements that transfer substantially all risks and rewards of ownership to the lessee.

Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.
Most indicators from Medplus Health's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Medplus Health Services 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 Medplus Health Services. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
At this time, Medplus Health's Tax Provision is comparatively stable compared to the past year. Selling General Administrative is likely to gain to about 6.6 B in 2024, whereas Issuance Of Capital Stock is likely to drop slightly above 68.7 M in 2024.
 2021 2022 2023 2024 (projected)
Depreciation And Amortization1.2B1.8B2.2B1.4B
Interest Income137.3M277.9M319.6M335.5M

Medplus Health fundamental ratios Correlations

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Click cells to compare fundamentals

Medplus Health Account Relationship Matchups

Medplus Health fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets13.5B15.7B25.9B28.0B30.0B22.5B
Short Long Term Debt Total4.8B5.9B8.1B9.0B10.1B7.7B
Other Current Liab678.1M655.8M861.4M1.1B1.2B893.8M
Total Current Liabilities4.8B4.1B5.6B4.8B5.3B5.2B
Total Stockholder Equity5.3B7.3B14.2B14.9B15.8B11.1B
Property Plant And Equipment Net3.8B4.8B7.7B11.1B12.0B7.8B
Current Deferred Revenue820.1M710.4M853.3M1.0B157.7M149.8M
Net Debt3.6B4.8B7.9B6.7B9.2B6.7B
Retained Earnings13.7M661.6M1.6B2.1B3.1B3.3B
Accounts Payable2.3B1.5B2.5B2.6B2.5B2.4B
Cash1.1B1.1B214.6M2.3B912.1M1.1B
Non Current Assets Total5.3B6.4B9.6B13.2B14.4B9.9B
Non Currrent Assets Other951.4M1.2B7.0B845.5M929.4M882.9M
Other Assets1.1B1.2B1.4B1.00.90.86
Cash And Short Term Investments1.4B1.5B6.6B3.0B1.7B2.7B
Net Receivables286.9M108.3M362.4M86.5M175.0M168.8M
Common Stock Shares Outstanding21.6M104.2M112.0M119.7M120.0M109.4M
Short Term Investments270.3M423.2M6.4B677.6M738.3M701.3M
Liabilities And Stockholders Equity13.5B15.7B25.9B28.0B30.0B22.5B
Non Current Liabilities Total3.4B4.2B6.2B8.3B9.0B6.2B
Capital Lease Obligations3.7B4.5B6.7B9.0B10.1B6.8B
Inventory6.4B7.5B9.1B11.4B13.4B9.5B
Other Current Assets25.8M131.6M229.2M995.8M1.2B1.2B
Other Stockholder Equity2.8B2.4B11.8B11.9B12.1B8.0B
Total Liab8.2B8.3B11.8B13.1B14.3B11.4B
Net Invested Capital6.3B8.7B15.6B14.9B15.8B12.0B
Total Current Assets8.2B9.2B16.3B14.8B15.7B12.6B
Accumulated Other Comprehensive Income2.5B4.2B469.9M660.3M304.5M289.3M
Net Working Capital3.3B5.1B10.7B10.0B10.4B7.4B
Short Term Debt1.6B1.9B2.2B1.0B1.4B1.3B
Intangible Assets39.4M38.2M62.5M75.4M100.8M60.2M

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