Select Intangible Assets vs Net Tangible Assets Analysis

SEM Stock  USD 39.67  0.60  1.54%   
Select Medical financial indicator trend analysis is much more than just breaking down Select Medical Holdings prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Select Medical Holdings is a good investment. Please check the relationship between Select Medical Intangible Assets and its Net Tangible Assets accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Select Medical Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.

Intangible Assets vs Net Tangible Assets

Intangible Assets vs Net Tangible Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Select Medical Holdings Intangible Assets account and Net Tangible Assets. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Select Medical's Intangible Assets and Net Tangible Assets is -0.31. Overlapping area represents the amount of variation of Intangible Assets that can explain the historical movement of Net Tangible Assets in the same time period over historical financial statements of Select Medical Holdings, assuming nothing else is changed. The correlation between historical values of Select Medical's Intangible Assets and Net Tangible 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 Intangible Assets of Select Medical Holdings are associated (or correlated) with its Net Tangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Tangible Assets has no effect on the direction of Intangible Assets i.e., Select Medical's Intangible Assets and Net Tangible Assets go up and down completely randomly.

Correlation Coefficient

-0.31
Relationship DirectionNegative 
Relationship StrengthInsignificant

Intangible Assets

Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.

Net Tangible Assets

The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.
Most indicators from Select Medical's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Select Medical Holdings 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 World Market Map to better understand how to build diversified portfolios, which includes a position in Select Medical Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.
As of the 25th of November 2024, Sales General And Administrative To Revenue is likely to grow to 0.03, while Selling General Administrative is likely to drop about 119.3 M.
 2021 2022 2023 2024 (projected)
Interest Expense136.0M169.1M198.6M152.3M
Depreciation And Amortization202.6M205.8M208.7M135.3M

Select Medical fundamental ratios Correlations

0.980.890.940.730.880.970.640.90.611.0-0.390.640.980.98-0.540.160.370.980.36-0.250.020.990.610.970.75
0.980.90.940.660.91.00.630.890.550.98-0.430.580.960.95-0.450.040.460.970.41-0.28-0.150.980.620.940.78
0.890.90.910.550.810.880.590.830.590.88-0.70.620.890.84-0.290.010.380.860.68-0.59-0.210.890.590.890.75
0.940.940.910.690.860.930.70.910.610.93-0.380.650.940.88-0.470.110.370.870.35-0.24-0.150.920.630.950.87
0.730.660.550.690.640.680.70.810.220.74-0.050.230.80.73-0.880.70.240.59-0.020.10.460.630.420.670.48
0.880.90.810.860.640.890.830.810.50.88-0.460.530.860.83-0.560.180.620.840.43-0.26-0.170.870.850.840.88
0.971.00.880.930.680.890.650.90.470.98-0.420.50.950.94-0.460.030.50.950.39-0.26-0.150.970.620.910.76
0.640.630.590.70.70.830.650.70.180.64-0.240.220.70.61-0.730.370.660.520.19-0.010.020.570.840.610.78
0.90.890.830.910.810.810.90.70.390.91-0.280.410.930.89-0.580.250.290.830.22-0.120.050.870.540.850.71
0.610.550.590.610.220.50.470.180.390.58-0.330.990.530.57-0.140.06-0.090.640.37-0.34-0.030.650.330.750.54
1.00.980.880.930.740.880.980.640.910.58-0.380.610.980.98-0.550.160.380.980.36-0.240.020.990.620.960.74
-0.39-0.43-0.7-0.38-0.05-0.46-0.42-0.24-0.28-0.33-0.38-0.36-0.37-0.35-0.120.16-0.37-0.43-0.990.960.36-0.42-0.42-0.4-0.31
0.640.580.620.650.230.530.50.220.410.990.61-0.360.560.6-0.160.04-0.040.660.4-0.36-0.070.670.380.780.58
0.980.960.890.940.80.860.950.70.930.530.98-0.370.560.96-0.610.220.40.930.33-0.210.070.950.60.950.74
0.980.950.840.880.730.830.940.610.890.570.98-0.350.60.96-0.570.190.320.970.33-0.210.150.970.580.940.65
-0.54-0.45-0.29-0.47-0.88-0.56-0.46-0.73-0.58-0.14-0.55-0.12-0.16-0.61-0.57-0.78-0.28-0.410.18-0.3-0.61-0.43-0.52-0.49-0.41
0.160.040.010.110.70.180.030.370.250.060.160.160.040.220.19-0.78-0.120.02-0.210.210.740.040.150.140.04
0.370.460.380.370.240.620.50.660.29-0.090.38-0.37-0.040.40.32-0.28-0.120.350.34-0.15-0.370.360.580.310.53
0.980.970.860.870.590.840.950.520.830.640.98-0.430.660.930.97-0.410.020.350.42-0.3-0.040.990.580.950.69
0.360.410.680.35-0.020.430.390.190.220.370.36-0.990.40.330.330.18-0.210.340.42-0.97-0.390.410.410.390.29
-0.25-0.28-0.59-0.240.1-0.26-0.26-0.01-0.12-0.34-0.240.96-0.36-0.21-0.21-0.30.21-0.15-0.3-0.970.36-0.3-0.23-0.28-0.13
0.02-0.15-0.21-0.150.46-0.17-0.150.020.05-0.030.020.36-0.070.070.15-0.610.74-0.37-0.04-0.390.36-0.06-0.15-0.01-0.33
0.990.980.890.920.630.870.970.570.870.650.99-0.420.670.950.97-0.430.040.360.990.41-0.3-0.060.60.970.74
0.610.620.590.630.420.850.620.840.540.330.62-0.420.380.60.58-0.520.150.580.580.41-0.23-0.150.60.580.76
0.970.940.890.950.670.840.910.610.850.750.96-0.40.780.950.94-0.490.140.310.950.39-0.28-0.010.970.580.78
0.750.780.750.870.480.880.760.780.710.540.74-0.310.580.740.65-0.410.040.530.690.29-0.13-0.330.740.760.78
Click cells to compare fundamentals

Select Medical Account Relationship Matchups

Select Medical fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets7.3B7.7B7.4B7.7B7.7B4.9B
Short Long Term Debt Total4.5B4.5B4.7B5.1B5.0B2.9B
Other Current Liab535.4M799.9M748.5M656.5M726.7M365.0M
Total Current Liabilities914.3M1.4B1.3B1.2B1.2B713.0M
Total Stockholder Equity929.0M1.1B1.3B1.3B1.3B788.0M
Property Plant And Equipment Net2.0B2.0B2.0B2.2B2.2B2.3B
Net Debt4.2B3.9B4.6B5.0B4.9B2.8B
Retained Earnings279.8M553.2M593.3M581.0M751.9M789.4M
Accounts Payable145.7M177.1M233.8M186.7M174.3M131.2M
Cash335.9M577.1M74.3M97.9M84.0M110.8M
Non Current Assets Total6.1B6.1B6.2B6.4B6.4B4.0B
Non Currrent Assets Other323.9M319.2M356.7M341.7M60.7M57.7M
Cash And Short Term Investments335.9M577.1M74.3M97.9M143.0M115.1M
Net Receivables762.7M896.8M889.3M941.3M940.3M597.3M
Good Will3.4B3.4B3.4B3.5B3.5B2.5B
Common Stock Shares Outstanding130.3M129.8M130.2M124.6M123.1M134.7M
Liabilities And Stockholders Equity7.3B7.7B7.4B7.9B7.7B4.9B
Non Current Liabilities Total5.5B5.0B4.8B5.2B4.9B3.3B
Other Current Assets114.4M120.2M175.8M264.0M174.3M236.7M
Other Stockholder Equity649.1M509.1M504.3M452.2M493.4M560.4M
Total Liab6.4B6.4B6.0B6.3B6.1B4.1B
Property Plant And Equipment Gross2.0B2.0B2.0B1.0B3.6B3.8B
Total Current Assets1.2B1.6B1.1B1.3B1.3B829.8M
Accumulated Other Comprehensive Income0.0(2.0M)12.3M88.6M42.9M45.1M
Short Term Debt233.1M453.4M289.3M311.5M346.0M363.3M
Intangible Assets409.1M387.5M374.9M351.7M329.9M233.3M
Other Liab249.6M301.1M249.2M275.9M317.3M200.2M
Other Assets93.2M1.4B356.7M94.3M108.5M202.7M
Long Term Debt3.4B3.4B3.6B3.8B3.6B2.6B
Property Plant Equipment998.4M943.4M961.5M2.2B2.5B2.6B
Net Tangible Assets(2.1B)(2.3B)(2.7B)804.3M723.9M760.1M
Noncontrolling Interest In Consolidated Entity158.1M192.5M215.9M234.6M269.8M283.3M
Retained Earnings Total Equity279.8M553.2M593.3M581.0M668.2M401.2M
Long Term Debt Total3.4B3.4B3.6B3.8B4.4B2.9B
Capital Surpluse491.0M509.1M504.3M452.2M520.0M521.3M

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When determining whether Select Medical Holdings is a strong investment it is important to analyze Select Medical'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 Select Medical's future performance. For an informed investment choice regarding Select Stock, refer to the following important reports:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Select Medical Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.
You can also try the Commodity Channel module to use Commodity Channel Index to analyze current equity momentum.
Is Health Care Providers & Services 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 Select Medical. If investors know Select 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 Select Medical listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.139
Dividend Share
0.5
Earnings Share
2.14
Revenue Per Share
56.158
Quarterly Revenue Growth
0.057
The market value of Select Medical Holdings is measured differently than its book value, which is the value of Select that is recorded on the company's balance sheet. Investors also form their own opinion of Select Medical's value that differs from its market value or its book value, called intrinsic value, which is Select Medical'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 Select Medical's market value can be influenced by many factors that don't directly affect Select Medical'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 Select Medical's value and its price as these two are different measures arrived at by different means. Investors typically determine if Select Medical is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Select Medical'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.