| PHA Stock | | | CAD 0.14 0.01 6.67% |
Premier Health financial indicator trend analysis is much more than just breaking down Premier Health prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Premier Health is a good investment. Please check the relationship between Premier Health Total Other Income Expense Net and its Net Income accounts. Check out
Your Equity Center to better understand how to build diversified portfolios, which includes a position in Premier Health of. 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 Other Income Expense Net vs Net Income
Total Other Income Expense Net vs Net Income Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Premier Health Total Other Income Expense Net account and
Net Income. At this time, the significance of the direction appears to have strong relationship.
The correlation between Premier Health's Total Other Income Expense Net and Net Income is 0.75. Overlapping area represents the amount of variation of Total Other Income Expense Net that can explain the historical movement of Net Income in the same time period over historical financial statements of Premier Health of, assuming nothing else is changed. The correlation between historical values of Premier Health's Total Other Income Expense Net and Net 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 Total Other Income Expense Net of Premier Health of are associated (or correlated) with its Net Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income has no effect on the direction of Total Other Income Expense Net i.e., Premier Health's Total Other Income Expense Net and Net Income go up and down completely randomly.
Correlation Coefficient | 0.75 |
| Relationship Direction | Positive |
| Relationship Strength | Significant |
Total Other Income Expense Net
Net Income
Net income is one of the most important fundamental items in finance. It plays a large role in Premier Health financial statement analysis. It represents the amount of money remaining after all of Premier Health of operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.
Most indicators from Premier Health's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Premier Health 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
Your Equity Center to better understand how to build diversified portfolios, which includes a position in Premier Health of. 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.
At this time, Premier Health's
Selling General Administrative is fairly stable compared to the past year.
Sales General And Administrative To Revenue is likely to climb to 0.21 in 2024, whereas
Tax Provision is likely to drop slightly above 1.1
M in 2024.
Premier Health fundamental ratios Correlations
Click cells to compare fundamentals
Premier Health Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Premier Health fundamental ratios Accounts
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Additional Tools for Premier Stock Analysis
When running Premier Health's price analysis, check to
measure Premier 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 Premier Health is operating at the current time. Most of Premier Health's value examination focuses on studying past and present price action to
predict the probability of Premier 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 Premier Health's price. Additionally, you may evaluate how the addition of Premier Health to your portfolios can decrease your overall portfolio volatility.