Medibank Property Plant Equipment vs Total Assets Analysis

MPL Stock   3.74  0.04  1.06%   
Medibank Private financial indicator trend analysis is infinitely more than just investigating Medibank Private recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Medibank Private is a good investment. Please check the relationship between Medibank Private Property Plant Equipment and its Total Assets accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Medibank Private. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Property Plant Equipment vs Total Assets

Property Plant Equipment vs Total Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Medibank Private Property Plant Equipment account and Total Assets. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Medibank Private's Property Plant Equipment and Total Assets is 0.41. Overlapping area represents the amount of variation of Property Plant Equipment that can explain the historical movement of Total Assets in the same time period over historical financial statements of Medibank Private, assuming nothing else is changed. The correlation between historical values of Medibank Private's Property Plant Equipment and Total Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant Equipment of Medibank Private are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Property Plant Equipment i.e., Medibank Private's Property Plant Equipment and Total Assets go up and down completely randomly.

Correlation Coefficient

0.41
Relationship DirectionPositive 
Relationship StrengthWeak

Property Plant Equipment

Total Assets

Total assets refers to the total amount of Medibank Private assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Medibank Private books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.
Most indicators from Medibank Private's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Medibank Private 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 Medibank Private. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
Selling General Administrative is likely to gain to about 792.3 M in 2024, whereas Tax Provision is likely to drop slightly above 186.5 M in 2024.
 2021 2022 2023 2024 (projected)
Operating Income557.9M730.3M7.1M6.7M
Total Revenue7.2B7.5B8.0B5.6B

Medibank Private fundamental ratios Correlations

0.970.050.970.440.480.020.390.510.610.41-0.070.690.140.60.140.570.01-0.72-0.24-0.070.74-0.630.540.76-0.48
0.970.011.00.420.47-0.040.360.450.630.32-0.110.710.140.470.120.550.04-0.7-0.21-0.110.77-0.550.480.78-0.49
0.050.01-0.020.150.52-0.04-0.11-0.32-0.20.25-0.020.130.11-0.30.1-0.220.160.310.18-0.02-0.320.26-0.17-0.190.15
0.971.0-0.020.430.450.010.410.450.660.3-0.090.690.150.50.060.55-0.01-0.7-0.24-0.090.78-0.560.480.78-0.47
0.440.420.150.430.40.460.33-0.320.610.720.28-0.16-0.330.01-0.090.4-0.42-0.04-0.560.280.160.13-0.25-0.050.19
0.480.470.520.450.4-0.040.120.140.390.62-0.060.51-0.240.160.25-0.250.12-0.10.4-0.060.14-0.220.210.13-0.2
0.02-0.04-0.040.010.46-0.040.75-0.40.460.170.89-0.45-0.070.16-0.67-0.05-0.970.31-0.480.89-0.060.28-0.55-0.390.76
0.390.36-0.110.410.330.120.750.040.650.040.6-0.020.120.49-0.640.08-0.69-0.09-0.350.60.44-0.15-0.090.120.35
0.510.45-0.320.45-0.320.14-0.40.040.240.04-0.480.680.370.80.250.210.45-0.750.23-0.480.49-0.930.930.67-0.74
0.610.63-0.20.660.610.390.460.650.240.490.250.13-0.050.46-0.350.27-0.46-0.32-0.390.250.45-0.280.090.170.02
0.410.320.250.30.720.620.170.040.040.490.080.03-0.270.180.380.16-0.09-0.09-0.120.08-0.02-0.160.07-0.08-0.04
-0.07-0.11-0.02-0.090.28-0.060.890.6-0.480.250.08-0.37-0.09-0.03-0.44-0.25-0.90.5-0.21.0-0.230.42-0.66-0.440.84
0.690.710.130.69-0.160.51-0.45-0.020.680.130.03-0.370.260.440.380.080.48-0.580.42-0.370.48-0.660.710.75-0.68
0.140.140.110.15-0.33-0.24-0.070.120.37-0.05-0.27-0.090.260.31-0.140.170.14-0.2-0.09-0.090.06-0.350.340.32-0.12
0.60.47-0.30.50.010.160.160.490.80.460.18-0.030.440.31-0.10.3-0.08-0.71-0.11-0.030.58-0.880.720.55-0.42
0.140.120.10.06-0.090.25-0.67-0.640.25-0.350.38-0.440.38-0.14-0.10.040.67-0.180.46-0.44-0.04-0.240.380.26-0.51
0.570.55-0.220.550.4-0.25-0.050.080.210.270.16-0.250.080.170.30.040.01-0.7-0.78-0.250.61-0.380.330.58-0.43
0.010.040.16-0.01-0.420.12-0.97-0.690.45-0.46-0.09-0.90.480.14-0.080.670.01-0.290.5-0.90.02-0.330.610.38-0.75
-0.72-0.70.31-0.7-0.04-0.10.31-0.09-0.75-0.32-0.090.5-0.58-0.2-0.71-0.18-0.7-0.290.240.5-0.850.87-0.84-0.880.83
-0.24-0.210.18-0.24-0.560.4-0.48-0.350.23-0.39-0.12-0.20.42-0.09-0.110.46-0.780.50.24-0.2-0.29-0.070.2-0.06-0.18
-0.07-0.11-0.02-0.090.28-0.060.890.6-0.480.250.081.0-0.37-0.09-0.03-0.44-0.25-0.90.5-0.2-0.230.42-0.66-0.440.84
0.740.77-0.320.780.160.14-0.060.440.490.45-0.02-0.230.480.060.58-0.040.610.02-0.85-0.29-0.23-0.650.570.84-0.58
-0.63-0.550.26-0.560.13-0.220.28-0.15-0.93-0.28-0.160.42-0.66-0.35-0.88-0.24-0.38-0.330.87-0.070.42-0.65-0.95-0.760.77
0.540.48-0.170.48-0.250.21-0.55-0.090.930.090.07-0.660.710.340.720.380.330.61-0.840.2-0.660.57-0.950.78-0.9
0.760.78-0.190.78-0.050.13-0.390.120.670.17-0.08-0.440.750.320.550.260.580.38-0.88-0.06-0.440.84-0.760.78-0.79
-0.48-0.490.15-0.470.19-0.20.760.35-0.740.02-0.040.84-0.68-0.12-0.42-0.51-0.43-0.750.83-0.180.84-0.580.77-0.9-0.79
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Medibank Private Account Relationship Matchups

Medibank Private fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets3.7B3.9B4.6B4.4B4.7B3.1B
Total Stockholder Equity1.8B1.9B1.9B2.1B2.3B1.5B
Other Liab117.7M97.1M120.5M177.3M203.9M174.3M
Retained Earnings1.7B1.8B1.8B2.0B2.1B1.4B
Accounts Payable230.2M239.9M241.4M215.7M163.8M171.5M
Cash871.4M671.7M596.7M420.6M691M573.5M
Other Assets2.3B2.7B3.5B3.5B(6.9B)(6.6B)
Short Term Investments2.0B2.3B2.9B2.9B236.9M225.1M
Total Liab1.9B2.0B2.6B2.3B2.4B2.5B
Intangible Assets363.7M345.3M332.3M328.1M143.3M218.0M
Property Plant Equipment112.2M101.7M88.4M70.5M81.1M72.4M
Other Current Liab(315.8M)(268M)(388.6M)1.3B12.1M12.7M
Total Current Liabilities1.1B1.0B1.6B1.3B364.2M518.5M
Net Debt(762.2M)(578.3M)(519.8M)(365.3M)(472.7M)(496.3M)
Non Current Assets Total674.5M718.1M876.2M755.5M6.9B7.2B
Non Currrent Assets Other(2.1B)(2.4B)(2.9B)(3.0B)(3.5B)(3.4B)
Cash And Short Term Investments871.4M671.7M596.7M420.6M927.9M702.2M
Liabilities And Stockholders Equity3.7B3.9B4.6B4.4B4.7B3.9B
Other Current Assets3.1B3.2B3.7B3.4B3.8B2.7B
Other Stockholder Equity(1.8B)(1.9B)(1.9B)(2.1B)(1.9B)(1.8B)
Total Current Assets3.1B3.2B3.7B3.6B4.7B5.0B
Accumulated Other Comprehensive Income22.4M22.3M25.7M27.9M152.3M159.9M
Net Tangible Assets1.4B1.6B1.6B1.8B2.0B1.6B
Net Receivables207.1M215.9M225.4M248.1M39.5M37.5M
Short Term Debt27.9M28.1M30.2M30.9M66.6M63.3M
Non Current Liabilities Total880.1M978.3M1.0B997.2M2.4B2.5B
Inventory(1.1B)(887.6M)(822.1M)(668.7M)(967.4M)(1.0B)
Long Term Investments298.4M343.8M338.3M392.1M295.6M334.5M
Long Term Debt Total81.3M65.3M46.7M24.4M28.1M34.2M
Net Invested Capital1.8B1.9B1.9B2.1B2.3B2.1B
Cash And Equivalents871.4M671.7M596.7M420.6M378.5M489.3M

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