NorthWest Net Debt vs Net Receivables Analysis

NWH-UN Stock

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NorthWest Healthcare financial indicator trend analysis is infinitely more than just investigating NorthWest Healthcare recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether NorthWest Healthcare is a good investment. Please check the relationship between NorthWest Healthcare Net Debt and its Net Receivables accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in NorthWest Healthcare Properties. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in employment.

Net Debt vs Net Receivables

Net Debt vs Net Receivables Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of NorthWest Healthcare Net Debt account and Net Receivables. At this time, the significance of the direction appears to have strong relationship.

The correlation between NorthWest Healthcare's Net Debt and Net Receivables is 0.69. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Net Receivables in the same time period over historical financial statements of NorthWest Healthcare Properties, assuming nothing else is changed. The correlation between historical values of NorthWest Healthcare's Net Debt and Net Receivables is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Debt of NorthWest Healthcare Properties are associated (or correlated) with its Net Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Receivables has no effect on the direction of Net Debt i.e., NorthWest Healthcare's Net Debt and Net Receivables go up and down completely randomly.

Correlation Coefficient

0.69

Relationship Direction	Positive
Relationship Strength	Significant

View All Relationships

Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.

Net Receivables

Most indicators from NorthWest Healthcare's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into NorthWest Healthcare 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 NorthWest Healthcare Properties. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in employment.

At present, NorthWest Healthcare's Selling General Administrative is projected to increase significantly based on the last few years of reporting. The current year's Enterprise Value is expected to grow to about 4.8 B, whereas Tax Provision is projected to grow to (17.4 M).

	2021	2022	2023	2024 (projected)
Total Revenue	374.6M	448.8M	508.0M	300.9M
Interest Expense	102.2M	163.9M	233.9M	245.5M

Total Revenue Interest Expense

NorthWest Healthcare fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Other Liab	Net Tangible Assets	Retained Earnings	Other Assets	Long Term Debt	Good Will
Total Assets		0.99	0.53	0.93	0.95	-0.73	0.98	0.98	0.65	1.0	0.68	0.65	0.68	0.89	0.96	0.25	0.43	-0.95	0.99	0.68	0.88	0.83	0.05	0.78	0.96	0.43
Short Long Term Debt Total	0.99		0.45	0.87	0.89	-0.76	1.0	0.98	0.65	0.99	0.67	0.65	0.7	0.86	0.99	0.33	0.34	-0.91	1.0	0.62	0.88	0.8	-0.01	0.76	0.99	0.49
Other Current Liab	0.53	0.45		0.7	0.55	-0.26	0.46	0.54	0.23	0.46	0.39	0.23	0.14	0.41	0.43	-0.22	0.98	-0.51	0.51	0.94	0.32	0.36	0.25	0.38	0.44	0.09
Total Current Liabilities	0.93	0.87	0.7		0.97	-0.55	0.87	0.91	0.51	0.91	0.69	0.51	0.53	0.86	0.8	0.02	0.63	-0.92	0.88	0.76	0.8	0.82	0.16	0.77	0.81	0.24
Total Stockholder Equity	0.95	0.89	0.55	0.97		-0.58	0.89	0.92	0.58	0.94	0.67	0.58	0.59	0.9	0.83	0.1	0.48	-0.94	0.89	0.66	0.84	0.86	0.09	0.8	0.83	0.22
Property Plant And Equipment Net	-0.73	-0.76	-0.26	-0.55	-0.58		-0.76	-0.69	-0.47	-0.74	-0.46	-0.47	-0.57	-0.63	-0.8	-0.38	-0.13	0.7	-0.77	-0.38	-0.69	-0.59	-0.01	-0.58	-0.8	-0.51
Net Debt	0.98	1.0	0.46	0.87	0.89	-0.76		0.97	0.62	0.99	0.68	0.62	0.69	0.86	0.99	0.33	0.34	-0.91	1.0	0.61	0.88	0.8	-0.01	0.76	0.98	0.5
Accounts Payable	0.98	0.98	0.54	0.91	0.92	-0.69	0.97		0.67	0.97	0.64	0.67	0.58	0.88	0.95	0.27	0.44	-0.91	0.98	0.69	0.87	0.83	-0.08	0.75	0.95	0.33
Cash	0.65	0.65	0.23	0.51	0.58	-0.47	0.62	0.67		0.64	0.06	1.0	0.54	0.59	0.67	0.27	0.16	-0.56	0.66	0.48	0.62	0.5	-0.17	0.36	0.67	0.28
Non Current Assets Total	1.0	0.99	0.46	0.91	0.94	-0.74	0.99	0.97	0.64		0.67	0.64	0.69	0.89	0.96	0.27	0.36	-0.95	0.98	0.61	0.89	0.83	0.04	0.78	0.96	0.43
Non Currrent Assets Other	0.68	0.67	0.39	0.69	0.67	-0.46	0.68	0.64	0.06	0.67		0.06	0.53	0.74	0.62	0.43	0.27	-0.74	0.66	0.46	0.75	0.78	-0.06	0.89	0.64	0.39
Cash And Short Term Investments	0.65	0.65	0.23	0.51	0.58	-0.47	0.62	0.67	1.0	0.64	0.06		0.54	0.59	0.67	0.27	0.16	-0.56	0.66	0.48	0.62	0.5	-0.17	0.36	0.67	0.28
Net Receivables	0.68	0.7	0.14	0.53	0.59	-0.57	0.69	0.58	0.54	0.69	0.53	0.54		0.54	0.71	0.46	0.05	-0.61	0.7	0.38	0.64	0.49	0.23	0.61	0.69	0.79
Common Stock Shares Outstanding	0.89	0.86	0.41	0.86	0.9	-0.63	0.86	0.88	0.59	0.89	0.74	0.59	0.54		0.81	0.38	0.29	-0.95	0.85	0.56	0.96	0.98	-0.23	0.9	0.82	0.25
Non Current Liabilities Total	0.96	0.99	0.43	0.8	0.83	-0.8	0.99	0.95	0.67	0.96	0.62	0.67	0.71	0.81		0.39	0.31	-0.87	0.99	0.61	0.85	0.74	-0.03	0.71	0.99	0.55
Inventory	0.25	0.33	-0.22	0.02	0.1	-0.38	0.33	0.27	0.27	0.27	0.43	0.27	0.46	0.38	0.39		-0.41	-0.24	0.32	0.01	0.47	0.42	-0.66	0.54	0.4	0.46
Other Current Assets	0.43	0.34	0.98	0.63	0.48	-0.13	0.34	0.44	0.16	0.36	0.27	0.16	0.05	0.29	0.31	-0.41		-0.41	0.39	0.89	0.2	0.24	0.38	0.24	0.31	-0.01
Other Stockholder Equity	-0.95	-0.91	-0.51	-0.92	-0.94	0.7	-0.91	-0.91	-0.56	-0.95	-0.74	-0.56	-0.61	-0.95	-0.87	-0.24	-0.41		-0.91	-0.63	-0.92	-0.91	-0.02	-0.85	-0.88	-0.36
Total Liab	0.99	1.0	0.51	0.88	0.89	-0.77	1.0	0.98	0.66	0.98	0.66	0.66	0.7	0.85	0.99	0.32	0.39	-0.91		0.67	0.87	0.79	0.01	0.75	0.99	0.5
Total Current Assets	0.68	0.62	0.94	0.76	0.66	-0.38	0.61	0.69	0.48	0.61	0.46	0.48	0.38	0.56	0.61	0.01	0.89	-0.63	0.67		0.52	0.51	0.14	0.53	0.61	0.26
Other Liab	0.88	0.88	0.32	0.8	0.84	-0.69	0.88	0.87	0.62	0.89	0.75	0.62	0.64	0.96	0.85	0.47	0.2	-0.92	0.87	0.52		0.96	-0.23	0.9	0.88	0.35
Net Tangible Assets	0.83	0.8	0.36	0.82	0.86	-0.59	0.8	0.83	0.5	0.83	0.78	0.5	0.49	0.98	0.74	0.42	0.24	-0.91	0.79	0.51	0.96		-0.3	0.94	0.78	0.17
Retained Earnings	0.05	-0.01	0.25	0.16	0.09	-0.01	-0.01	-0.08	-0.17	0.04	-0.06	-0.17	0.23	-0.23	-0.03	-0.66	0.38	-0.02	0.01	0.14	-0.23	-0.3		-0.22	-0.07	0.23
Other Assets	0.78	0.76	0.38	0.77	0.8	-0.58	0.76	0.75	0.36	0.78	0.89	0.36	0.61	0.9	0.71	0.54	0.24	-0.85	0.75	0.53	0.9	0.94	-0.22		0.74	0.33
Long Term Debt	0.96	0.99	0.44	0.81	0.83	-0.8	0.98	0.95	0.67	0.96	0.64	0.67	0.69	0.82	0.99	0.4	0.31	-0.88	0.99	0.61	0.88	0.78	-0.07	0.74		0.53
Good Will	0.43	0.49	0.09	0.24	0.22	-0.51	0.5	0.33	0.28	0.43	0.39	0.28	0.79	0.25	0.55	0.46	-0.01	-0.36	0.5	0.26	0.35	0.17	0.23	0.33	0.53

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NorthWest Healthcare Account Relationship Matchups

NorthWest Healthcare fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	5.5B	5.8B	7.1B	8.5B	7.6B	4.4B
Short Long Term Debt Total	2.7B	2.8B	2.9B	3.7B	3.9B	2.1B
Other Current Liab	32.6M	32.9M	26.3M	459.4M	18.5M	17.6M
Total Current Liabilities	263.9M	571.8M	752.3M	1.1B	641.5M	332.2M
Total Stockholder Equity	1.3B	1.6B	2.4B	2.5B	2.0B	1.2B
Property Plant And Equipment Net	7.5M	6.4M	6.8M	9.1M	8M	7.6M
Net Debt	2.5B	2.6B	2.9B	3.6B	3.8B	2.1B
Accounts Payable	92.5M	92.3M	90.0M	133.3M	128.7M	67.7M
Cash	192.2M	144.1M	62.7M	88.0M	72.0M	60.5M
Non Current Assets Total	5.2B	5.7B	6.9B	7.4B	7.4B	4.2B
Non Currrent Assets Other	10.2M	7.8M	6.3B	6.7B	6.9B	7.3B
Cash And Short Term Investments	192.2M	144.1M	62.7M	88.0M	72.0M	60.5M
Net Receivables	55.1M	31.5M	73.5M	38.8M	46.0M	35.3M
Common Stock Shares Outstanding	140.2M	200.8M	218.8M	240.4M	244.2M	256.4M
Liabilities And Stockholders Equity	5.5B	5.8B	7.1B	8.5B	7.6B	4.4B
Non Current Liabilities Total	3.2B	2.7B	2.8B	3.7B	3.9B	2.3B
Inventory	111.3M	(15.3M)	(510.0K)	(37.6M)	181.7M	190.8M
Other Current Assets	7.8M	21.2M	38.1M	1.0B	(118.0M)	(112.1M)
Other Stockholder Equity	(234.4M)	(548.8M)	(983.7M)	(1.0B)	(700.3M)	(665.2M)
Total Liab	3.5B	3.3B	3.5B	4.8B	4.5B	2.6B
Total Current Assets	366.4M	181.5M	143.4M	1.1B	181.7M	211.7M
Other Liab	284.2M	322.2M	287.8M	386.2M	444.1M	466.4M
Net Tangible Assets	819.0M	1.2B	1.5B	2.3B	2.6B	2.8B
Retained Earnings	(90.5M)	85.3M	354.2M	229.0M	(277.0M)	(263.2M)
Other Assets	12.1M	14.7M	14.8M	41.0M	47.1M	49.5M
Long Term Debt	2.6B	2.3B	2.3B	3.2B	3.5B	2.0B
Short Long Term Debt	138.8M	446.5M	636.0M	506.8M	450.4M	299.7M
Short Term Debt	138.8M	446.5M	636.0M	506.8M	450.4M	388.2M
Common Stock	1.5B	1.7B	2.3B	2.5B	2.5B	2.7B
Property Plant Equipment	4.7B	4.9B	5.3B	6.3B	7.2B	7.6B
Intangible Assets	47.3M	47.3M	47.3M	45.0M	43.8M	47.4M
Long Term Investments	134.1M	298.0M	481.4M	619.6M	439.1M	300.7M
Accumulated Other Comprehensive Income	(140.2M)	(181.5M)	(291.8M)	(315.8M)	(293.4M)	(278.7M)
Short Term Investments	900K	535K	510K	37.6M	25.9M	27.2M
Non Current Liabilities Other	211.3M	21.5M	23.6M	16.2M	8.7M	8.3M
Capital Lease Obligations	11.3M	12.4M	12.7M	12.9M	14.4M	12.0M
Net Invested Capital	4.0B	4.4B	5.3B	6.1B	5.9B	5.2B
Net Working Capital	69.8M	(408.2M)	(608.9M)	14.4M	(459.8M)	(436.8M)

Pair Trading with NorthWest Healthcare

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if NorthWest Healthcare position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in NorthWest Healthcare will appreciate offsetting losses from the drop in the long position's value.

Moving together with NorthWest Stock

0.66

CMC

Cielo Waste Solutions

Pair Corr

Moving against NorthWest Stock

0.48	MATE	Blockmate Ventures Earnings Call This Week	Pair Corr
0.46	LQWD	LQwD FinTech Corp	Pair Corr

The ability to find closely correlated positions to NorthWest Healthcare could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace NorthWest Healthcare when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back NorthWest Healthcare - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling NorthWest Healthcare Properties to buy it.

The correlation of NorthWest Healthcare is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as NorthWest Healthcare moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if NorthWest Healthcare moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for NorthWest Healthcare can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

Other Information on Investing in NorthWest Stock

Balance Sheet is a snapshot of the financial position of NorthWest Healthcare at a specified time, usually calculated after every quarter, six months, or one year. NorthWest Healthcare Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of NorthWest Healthcare and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which NorthWest currently owns. An asset can also be divided into two categories, current and non-current.

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NorthWest Net Debt vs Net Receivables Analysis

Net Debt vs Net Receivables

Net Debt vs Net Receivables Correlation Analysis

Correlation Coefficient

Net Debt

Net Receivables

NorthWest Healthcare fundamental ratios Correlations

NorthWest Healthcare Account Relationship Matchups

High Positive Relationship

High Negative Relationship

NorthWest Healthcare fundamental ratios Accounts

Pair Trading with NorthWest Healthcare

Moving together with NorthWest Stock

Moving against NorthWest Stock

Other Information on Investing in NorthWest Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Non Current Assets Total	+ 1.0	Total Assets
Net Debt	+ 1.0	Short Long Term Debt Total
Total Liab	+ 1.0	Short Long Term Debt Total
Total Liab	+ 1.0	Net Debt
Cash And Short Term Investments	+ 1.0	Cash
Short Long Term Debt Total	+ 0.99	Total Assets

Other Stockholder Equity	- 0.95	Common Stock Shares Outstanding
Other Stockholder Equity	- 0.95	Non Current Assets Total
Other Stockholder Equity	- 0.95	Total Assets
Other Stockholder Equity	- 0.94	Total Stockholder Equity
Other Liab	- 0.92	Other Stockholder Equity
Other Stockholder Equity	- 0.92	Total Current Liabilities