Medplus Research Development vs Operating Income Analysis

MEDPLUS Stock   782.70  20.65  2.71%   
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 Research Development and its Operating Income 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.

Research Development vs Operating Income

Research Development vs Operating Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Medplus Health Services Research Development account and Operating Income. At this time, the significance of the direction appears to have pay attention.
The correlation between Medplus Health's Research Development and Operating Income is -0.71. Overlapping area represents the amount of variation of Research Development that can explain the historical movement of Operating Income 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 Research Development and Operating Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Research Development of Medplus Health Services are associated (or correlated) with its Operating Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Operating Income has no effect on the direction of Research Development i.e., Medplus Health's Research Development and Operating Income go up and down completely randomly.

Correlation Coefficient

-0.71
Relationship DirectionNegative 
Relationship StrengthWeak

Research Development

Operating Income

Operating Income is the amount of profit realized from Medplus Health Services operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Medplus Health Services is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.
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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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 Assets25.8M131.6M229.2M995.8M326.6M315.3M
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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