PIII Other Non Cash Items vs Investments Analysis

PIII Stock  USD 0.21  0  1.43%   
P3 Health financial indicator trend analysis is much more than just breaking down P3 Health Partners prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether P3 Health Partners is a good investment. Please check the relationship between P3 Health Other Non Cash Items and its Investments accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in P3 Health Partners. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.

Other Non Cash Items vs Investments

Other Non Cash Items vs Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of P3 Health Partners Other Non Cash Items account and Investments. At this time, the significance of the direction appears to have weak relationship.
The correlation between P3 Health's Other Non Cash Items and Investments is 0.36. Overlapping area represents the amount of variation of Other Non Cash Items that can explain the historical movement of Investments in the same time period over historical financial statements of P3 Health Partners, assuming nothing else is changed. The correlation between historical values of P3 Health's Other Non Cash Items and Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Non Cash Items of P3 Health Partners are associated (or correlated) with its Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Investments has no effect on the direction of Other Non Cash Items i.e., P3 Health's Other Non Cash Items and Investments go up and down completely randomly.

Correlation Coefficient

0.36
Relationship DirectionPositive 
Relationship StrengthVery Weak

Other Non Cash Items

Investments

Securities or assets acquired for generating income or appreciating in value, not used in daily operations.
Most indicators from P3 Health's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into P3 Health Partners 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 P3 Health Partners. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
As of now, P3 Health's Tax Provision is increasing as compared to previous years. The P3 Health's current Sales General And Administrative To Revenue is estimated to increase to 0.19, while Selling General Administrative is projected to decrease to under 87.6 M.
 2020 2021 2023 2024 (projected)
Interest Expense2.5M11.4M16.0M16.8M
Depreciation And Amortization795.2K87.3M86.7M91.0M

P3 Health fundamental ratios Correlations

0.250.570.590.60.36-0.61-0.510.77-0.470.71-0.790.23-0.030.220.070.770.56-0.030.680.650.550.66-0.910.480.78
0.250.760.730.740.93-0.84-0.870.58-0.730.17-0.290.930.841.00.270.290.760.840.590.820.780.52-0.190.620.73
0.570.761.01.00.65-0.94-0.960.8-0.920.72-0.80.820.350.740.570.821.00.350.970.951.00.92-0.420.770.93
0.590.731.01.00.63-0.94-0.950.8-0.90.74-0.820.780.310.720.570.841.00.310.970.950.990.94-0.450.750.93
0.60.741.01.00.65-0.95-0.950.81-0.880.74-0.820.770.320.720.560.850.990.320.970.960.990.94-0.490.720.94
0.360.930.650.630.65-0.74-0.740.71-0.570.03-0.20.770.890.92-0.040.280.650.890.530.720.670.45-0.350.580.68
-0.61-0.84-0.94-0.94-0.95-0.740.99-0.720.82-0.660.76-0.81-0.43-0.83-0.57-0.71-0.94-0.43-0.86-1.0-0.94-0.870.54-0.62-0.97
-0.51-0.87-0.96-0.95-0.95-0.740.99-0.690.86-0.620.71-0.87-0.47-0.86-0.6-0.67-0.95-0.47-0.86-0.98-0.96-0.850.43-0.66-0.93
0.770.580.80.80.810.71-0.72-0.69-0.690.51-0.650.550.380.560.00.790.780.380.860.750.780.75-0.650.770.81
-0.47-0.73-0.92-0.9-0.88-0.570.820.86-0.69-0.650.7-0.9-0.39-0.71-0.49-0.65-0.93-0.39-0.87-0.85-0.94-0.710.19-0.91-0.82
0.710.170.720.740.740.03-0.66-0.620.51-0.65-0.980.33-0.350.150.690.890.72-0.350.810.690.70.84-0.560.450.74
-0.79-0.29-0.8-0.82-0.82-0.20.760.71-0.650.7-0.98-0.410.21-0.28-0.62-0.94-0.80.21-0.88-0.79-0.78-0.90.66-0.53-0.84
0.230.930.820.780.770.77-0.81-0.870.55-0.90.33-0.410.710.920.410.350.830.710.660.820.850.53-0.040.790.73
-0.030.840.350.310.320.89-0.43-0.470.38-0.39-0.350.210.710.85-0.22-0.160.351.00.170.410.380.040.050.460.33
0.221.00.740.720.720.92-0.83-0.860.56-0.710.15-0.280.920.850.280.270.750.850.570.80.770.51-0.180.60.72
0.070.270.570.570.56-0.04-0.57-0.60.0-0.490.69-0.620.41-0.220.280.460.57-0.220.50.550.560.63-0.030.120.47
0.770.290.820.840.850.28-0.71-0.670.79-0.650.89-0.940.35-0.160.270.460.8-0.160.930.740.780.94-0.670.560.8
0.560.761.01.00.990.65-0.94-0.950.78-0.930.72-0.80.830.350.750.570.80.350.960.951.00.9-0.390.790.92
-0.030.840.350.310.320.89-0.43-0.470.38-0.39-0.350.210.711.00.85-0.22-0.160.350.170.410.380.040.050.460.33
0.680.590.970.970.970.53-0.86-0.860.86-0.870.81-0.880.660.170.570.50.930.960.170.890.950.94-0.520.770.9
0.650.820.950.950.960.72-1.0-0.980.75-0.850.69-0.790.820.410.80.550.740.950.410.890.950.88-0.560.670.98
0.550.781.00.990.990.67-0.94-0.960.78-0.940.7-0.780.850.380.770.560.781.00.380.950.950.89-0.380.790.92
0.660.520.920.940.940.45-0.87-0.850.75-0.710.84-0.90.530.040.510.630.940.90.040.940.880.89-0.610.520.88
-0.91-0.19-0.42-0.45-0.49-0.350.540.43-0.650.19-0.560.66-0.040.05-0.18-0.03-0.67-0.390.05-0.52-0.56-0.38-0.61-0.15-0.68
0.480.620.770.750.720.58-0.62-0.660.77-0.910.45-0.530.790.460.60.120.560.790.460.770.670.790.52-0.150.68
0.780.730.930.930.940.68-0.97-0.930.81-0.820.74-0.840.730.330.720.470.80.920.330.90.980.920.88-0.680.68
Click cells to compare fundamentals

P3 Health Account Relationship Matchups

P3 Health fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding47.6M39.5M41.6M41.6M294.6M309.3M

Currently Active Assets on Macroaxis

When determining whether P3 Health Partners is a strong investment it is important to analyze P3 Health's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact P3 Health's future performance. For an informed investment choice regarding PIII Stock, refer to the following important reports:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in P3 Health Partners. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
You can also try the Funds Screener module to find actively-traded funds from around the world traded on over 30 global exchanges.
Is Health Care Equipment & Supplies space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of P3 Health. If investors know PIII will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about P3 Health listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.86)
Revenue Per Share
11.552
Quarterly Revenue Growth
0.152
Return On Assets
(0.12)
Return On Equity
(0.41)
The market value of P3 Health Partners is measured differently than its book value, which is the value of PIII that is recorded on the company's balance sheet. Investors also form their own opinion of P3 Health's value that differs from its market value or its book value, called intrinsic value, which is P3 Health's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because P3 Health's market value can be influenced by many factors that don't directly affect P3 Health's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between P3 Health's value and its price as these two are different measures arrived at by different means. Investors typically determine if P3 Health is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, P3 Health's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.