Medplus Capital Lease Obligations vs Good Will 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 Good Will 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 Good Will

Capital Lease Obligations vs Good Will 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 Good Will. At this time, the significance of the direction appears to have strong contrarian relationship.

The correlation between Medplus Health's Capital Lease Obligations and Good Will is -0.53. Overlapping area represents the amount of variation of Capital Lease Obligations that can explain the historical movement of Good Will 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 Good Will 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 Good Will. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Good Will has no effect on the direction of Capital Lease Obligations i.e., Medplus Health's Capital Lease Obligations and Good Will go up and down completely randomly.

Correlation Coefficient

-0.53

Relationship Direction	Negative
Relationship Strength	Very Weak

View All Relationships

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.

Good Will

An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.

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 Amortization	1.2B	1.8B	2.2B	1.4B
Interest Income	137.3M	277.9M	319.6M	335.5M

Depreciation And Amortization Interest Income

Medplus Health fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Net Tangible Assets	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Cash And Short Term Investments	Net Receivables	Good Will	Common Stock Shares Outstanding	Short Term Investments	Non Current Liabilities Total	Capital Lease Obligations	Inventory	Other Current Assets	Other Stockholder Equity
Total Assets		0.99	0.98	0.91	1.0	0.93	0.97	0.97	-0.14	0.95	0.92	0.9	0.66	0.97	0.46	-0.7	0.75	-0.36	-0.51	-0.01	0.5	0.98	0.98	0.98	0.86	0.96
Short Long Term Debt Total	0.99		0.98	0.87	0.99	0.91	0.96	0.99	-0.21	0.97	0.94	0.87	0.64	0.99	0.4	-0.74	0.69	-0.41	-0.54	0.06	0.45	0.99	0.99	0.98	0.89	0.96
Other Current Liab	0.98	0.98		0.89	0.98	0.94	0.95	0.98	-0.17	0.91	0.92	0.92	0.74	0.98	0.33	-0.77	0.66	-0.44	-0.54	-0.11	0.37	0.98	0.98	0.99	0.89	0.92
Total Current Liabilities	0.91	0.87	0.89		0.91	0.92	0.92	0.81	-0.15	0.86	0.83	0.93	0.52	0.81	0.61	-0.51	0.84	-0.07	-0.55	-0.31	0.63	0.83	0.82	0.88	0.72	0.86
Total Stockholder Equity	1.0	0.99	0.98	0.91		0.93	0.96	0.97	-0.11	0.95	0.9	0.89	0.65	0.97	0.5	-0.67	0.78	-0.35	-0.48	0.0	0.53	0.97	0.97	0.98	0.84	0.96
Other Liab	0.93	0.91	0.94	0.92	0.93		0.9	0.86	-0.1	0.84	0.82	0.87	0.71	0.86	0.43	-0.58	0.7	-0.36	-0.46	-0.31	0.44	0.88	0.88	0.95	0.75	0.81
Net Tangible Assets	0.97	0.96	0.95	0.92	0.96	0.9		0.93	-0.29	0.93	0.97	0.88	0.62	0.93	0.43	-0.73	0.74	-0.37	-0.69	-0.01	0.48	0.94	0.94	0.95	0.91	0.92
Property Plant And Equipment Net	0.97	0.99	0.98	0.81	0.97	0.86	0.93		-0.2	0.93	0.92	0.86	0.69	1.0	0.29	-0.8	0.6	-0.47	-0.51	0.1	0.34	1.0	1.0	0.97	0.91	0.95
Current Deferred Revenue	-0.14	-0.21	-0.17	-0.15	-0.11	-0.1	-0.29	-0.2		-0.31	-0.46	-0.06	0.19	-0.21	0.27	0.45	0.2	0.13	0.81	-0.22	0.23	-0.2	-0.22	-0.21	-0.47	-0.1
Net Debt	0.95	0.97	0.91	0.86	0.95	0.84	0.93	0.93	-0.31		0.91	0.8	0.42	0.94	0.51	-0.63	0.72	-0.24	-0.55	0.17	0.56	0.94	0.94	0.92	0.82	0.95
Retained Earnings	0.92	0.94	0.92	0.83	0.9	0.82	0.97	0.92	-0.46	0.91		0.81	0.58	0.92	0.27	-0.83	0.59	-0.44	-0.8	0.1	0.32	0.92	0.93	0.92	0.97	0.87
Accounts Payable	0.9	0.87	0.92	0.93	0.89	0.87	0.88	0.86	-0.06	0.8	0.81		0.67	0.86	0.42	-0.66	0.72	-0.15	-0.49	-0.32	0.46	0.86	0.86	0.88	0.78	0.88
Cash	0.66	0.64	0.74	0.52	0.65	0.71	0.62	0.69	0.19	0.42	0.58	0.67		0.68	-0.1	-0.71	0.31	-0.74	-0.27	-0.29	-0.09	0.69	0.68	0.72	0.68	0.54
Non Current Assets Total	0.97	0.99	0.98	0.81	0.97	0.86	0.93	1.0	-0.21	0.94	0.92	0.86	0.68		0.29	-0.8	0.6	-0.47	-0.53	0.1	0.34	1.0	1.0	0.97	0.91	0.95
Non Currrent Assets Other	0.46	0.4	0.33	0.61	0.5	0.43	0.43	0.29	0.27	0.51	0.27	0.42	-0.1	0.29		0.26	0.9	0.48	0.06	-0.04	0.99	0.31	0.3	0.33	0.04	0.53
Other Assets	-0.7	-0.74	-0.77	-0.51	-0.67	-0.58	-0.73	-0.8	0.45	-0.63	-0.83	-0.66	-0.71	-0.8	0.26		-0.15	0.68	0.73	-0.1	0.19	-0.79	-0.8	-0.75	-0.95	-0.65
Cash And Short Term Investments	0.75	0.69	0.66	0.84	0.78	0.7	0.74	0.6	0.2	0.72	0.59	0.72	0.31	0.6	0.9	-0.15		0.14	-0.21	-0.09	0.91	0.62	0.61	0.64	0.42	0.78
Net Receivables	-0.36	-0.41	-0.44	-0.07	-0.35	-0.36	-0.37	-0.47	0.13	-0.24	-0.44	-0.15	-0.74	-0.47	0.48	0.68	0.14		0.32	-0.19	0.47	-0.47	-0.46	-0.47	-0.58	-0.22
Good Will	-0.51	-0.54	-0.54	-0.55	-0.48	-0.46	-0.69	-0.51	0.81	-0.55	-0.8	-0.49	-0.27	-0.53	0.06	0.73	-0.21	0.32		-0.03	0.01	-0.52	-0.53	-0.54	-0.8	-0.44
Common Stock Shares Outstanding	-0.01	0.06	-0.11	-0.31	0.0	-0.31	-0.01	0.1	-0.22	0.17	0.1	-0.32	-0.29	0.1	-0.04	-0.1	-0.09	-0.19	-0.03		0.02	0.08	0.08	-0.08	0.1	0.13
Short Term Investments	0.5	0.45	0.37	0.63	0.53	0.44	0.48	0.34	0.23	0.56	0.32	0.46	-0.09	0.34	0.99	0.19	0.91	0.47	0.01	0.02		0.36	0.35	0.36	0.1	0.59
Non Current Liabilities Total	0.98	0.99	0.98	0.83	0.97	0.88	0.94	1.0	-0.2	0.94	0.92	0.86	0.69	1.0	0.31	-0.79	0.62	-0.47	-0.52	0.08	0.36		1.0	0.98	0.9	0.95
Capital Lease Obligations	0.98	0.99	0.98	0.82	0.97	0.88	0.94	1.0	-0.22	0.94	0.93	0.86	0.68	1.0	0.3	-0.8	0.61	-0.46	-0.53	0.08	0.35	1.0		0.98	0.91	0.95
Inventory	0.98	0.98	0.99	0.88	0.98	0.95	0.95	0.97	-0.21	0.92	0.92	0.88	0.72	0.97	0.33	-0.75	0.64	-0.47	-0.54	-0.08	0.36	0.98	0.98		0.88	0.91
Other Current Assets	0.86	0.89	0.89	0.72	0.84	0.75	0.91	0.91	-0.47	0.82	0.97	0.78	0.68	0.91	0.04	-0.95	0.42	-0.58	-0.8	0.1	0.1	0.9	0.91	0.88		0.81
Other Stockholder Equity	0.96	0.96	0.92	0.86	0.96	0.81	0.92	0.95	-0.1	0.95	0.87	0.88	0.54	0.95	0.53	-0.65	0.78	-0.22	-0.44	0.13	0.59	0.95	0.95	0.91	0.81

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Medplus Health Account Relationship Matchups

Medplus Health fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	13.5B	15.7B	25.9B	28.0B	30.0B	22.5B
Short Long Term Debt Total	4.8B	5.9B	8.1B	9.0B	10.1B	7.7B
Other Current Liab	678.1M	655.8M	861.4M	1.1B	1.2B	893.8M
Total Current Liabilities	4.8B	4.1B	5.6B	4.8B	5.3B	5.2B
Total Stockholder Equity	5.3B	7.3B	14.2B	14.9B	15.8B	11.1B
Property Plant And Equipment Net	3.8B	4.8B	7.7B	11.1B	12.0B	7.8B
Current Deferred Revenue	820.1M	710.4M	853.3M	1.0B	157.7M	149.8M
Net Debt	3.6B	4.8B	7.9B	6.7B	9.2B	6.7B
Retained Earnings	13.7M	661.6M	1.6B	2.1B	3.1B	3.3B
Accounts Payable	2.3B	1.5B	2.5B	2.6B	2.5B	2.4B
Cash	1.1B	1.1B	214.6M	2.3B	912.1M	1.1B
Non Current Assets Total	5.3B	6.4B	9.6B	13.2B	14.4B	9.9B
Non Currrent Assets Other	951.4M	1.2B	7.0B	845.5M	929.4M	882.9M
Other Assets	1.1B	1.2B	1.4B	1.0	0.9	0.86
Cash And Short Term Investments	1.4B	1.5B	6.6B	3.0B	1.7B	2.7B
Net Receivables	286.9M	108.3M	362.4M	86.5M	175.0M	168.8M
Common Stock Shares Outstanding	21.6M	104.2M	112.0M	119.7M	120.0M	109.4M
Short Term Investments	270.3M	423.2M	6.4B	677.6M	738.3M	701.3M
Liabilities And Stockholders Equity	13.5B	15.7B	25.9B	28.0B	30.0B	22.5B
Non Current Liabilities Total	3.4B	4.2B	6.2B	8.3B	9.0B	6.2B
Capital Lease Obligations	3.7B	4.5B	6.7B	9.0B	10.1B	6.8B
Inventory	6.4B	7.5B	9.1B	11.4B	13.4B	9.5B
Other Current Assets	25.8M	131.6M	229.2M	995.8M	1.2B	1.2B
Other Stockholder Equity	2.8B	2.4B	11.8B	11.9B	12.1B	8.0B
Total Liab	8.2B	8.3B	11.8B	13.1B	14.3B	11.4B
Net Invested Capital	6.3B	8.7B	15.6B	14.9B	15.8B	12.0B
Total Current Assets	8.2B	9.2B	16.3B	14.8B	15.7B	12.6B
Accumulated Other Comprehensive Income	2.5B	4.2B	469.9M	660.3M	304.5M	289.3M
Net Working Capital	3.3B	5.1B	10.7B	10.0B	10.4B	7.4B
Short Term Debt	1.6B	1.9B	2.2B	1.0B	1.4B	1.3B
Intangible Assets	39.4M	38.2M	62.5M	75.4M	100.8M	60.2M

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

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Medplus Capital Lease Obligations vs Good Will Analysis

Capital Lease Obligations vs Good Will

Capital Lease Obligations vs Good Will Correlation Analysis

Correlation Coefficient

Capital Lease Obligations

Good Will

Medplus Health fundamental ratios Correlations

Medplus Health Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Medplus Health fundamental ratios Accounts

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Additional Tools for Medplus Stock Analysis

COMMON DESTINATIONS

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Total Stockholder Equity	+ 1.0	Total Assets
Non Current Assets Total	+ 1.0	Property Plant And Equipment Net
Non Current Liabilities Total	+ 1.0	Property Plant And Equipment Net
Capital Lease Obligations	+ 1.0	Property Plant And Equipment Net
Non Current Liabilities Total	+ 1.0	Non Current Assets Total
Capital Lease Obligations	+ 1.0	Non Current Assets Total

Other Current Assets	- 0.95	Other Assets
Other Assets	- 0.83	Retained Earnings
Other Current Assets	- 0.8	Good Will
Capital Lease Obligations	- 0.8	Other Assets
Other Assets	- 0.8	Non Current Assets Total
Good Will	- 0.8	Retained Earnings