Medibank Total Current Assets vs Other Stockholder Equity 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 Total Current Assets and its Other Stockholder Equity 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.

Total Current Assets vs Other Stockholder Equity

Total Current Assets vs Other Stockholder Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Medibank Private Total Current Assets account and Other Stockholder Equity. At this time, the significance of the direction appears to have pay attention.
The correlation between Medibank Private's Total Current Assets and Other Stockholder Equity is -0.95. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Other Stockholder Equity 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 Total Current Assets and Other Stockholder Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Current Assets of Medibank Private are associated (or correlated) with its Other Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Stockholder Equity has no effect on the direction of Total Current Assets i.e., Medibank Private's Total Current Assets and Other Stockholder Equity go up and down completely randomly.

Correlation Coefficient

-0.95
Relationship DirectionNegative 
Relationship StrengthSignificant

Total Current Assets

The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.

Other Stockholder Equity

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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