Surgery Pretax Profit Margin vs Net Profit Margin Analysis

SGRY Stock  USD 23.39  0.38  1.65%   
Surgery Partners financial indicator trend analysis is much more than just breaking down Surgery Partners prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Surgery Partners is a good investment. Please check the relationship between Surgery Partners Pretax Profit Margin and its Net Profit Margin accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Surgery 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 metropolitan statistical area.
For more information on how to buy Surgery Stock please use our How to Invest in Surgery Partners guide.

Pretax Profit Margin vs Net Profit Margin

Pretax Profit Margin vs Net Profit Margin Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Surgery Partners Pretax Profit Margin account and Net Profit Margin. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Surgery Partners' Pretax Profit Margin and Net Profit Margin is 0.43. Overlapping area represents the amount of variation of Pretax Profit Margin that can explain the historical movement of Net Profit Margin in the same time period over historical financial statements of Surgery Partners, assuming nothing else is changed. The correlation between historical values of Surgery Partners' Pretax Profit Margin and Net Profit Margin is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Pretax Profit Margin of Surgery Partners are associated (or correlated) with its Net Profit Margin. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Profit Margin has no effect on the direction of Pretax Profit Margin i.e., Surgery Partners' Pretax Profit Margin and Net Profit Margin go up and down completely randomly.

Correlation Coefficient

0.43
Relationship DirectionPositive 
Relationship StrengthWeak

Pretax Profit Margin

Net Profit Margin

The percentage of revenue left after all expenses have been deducted from sales. The measure is calculated by dividing net profit by revenue.
Most indicators from Surgery Partners' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Surgery 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 World Market Map to better understand how to build diversified portfolios, which includes a position in Surgery 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 metropolitan statistical area.
For more information on how to buy Surgery Stock please use our How to Invest in Surgery Partners guide.At this time, Surgery Partners' Tax Provision is fairly stable compared to the past year. Sales General And Administrative To Revenue is likely to rise to 0.07 in 2024, whereas Selling General Administrative is likely to drop slightly above 80.8 M in 2024.
 2021 2022 2023 2024 (projected)
Interest Expense221M234.9M193M148.4M
Depreciation And Amortization137.9M149.6M118.1M80.6M

Surgery Partners fundamental ratios Correlations

0.70.630.410.650.880.010.710.64-0.770.760.540.690.870.140.630.540.720.670.620.730.290.890.530.880.69
0.70.980.830.980.770.390.960.97-0.710.970.871.00.770.360.980.870.991.00.970.990.470.730.930.860.98
0.630.980.880.980.660.520.921.0-0.70.920.880.980.670.411.00.880.970.980.990.960.40.640.950.810.96
0.410.830.880.830.450.440.710.88-0.410.710.670.840.440.190.880.670.810.860.890.790.420.370.870.580.77
0.650.980.980.830.70.540.950.98-0.750.940.920.970.690.430.980.920.980.960.960.970.350.690.930.850.98
0.880.770.660.450.7-0.070.790.66-0.750.840.620.770.980.20.660.620.780.740.650.790.420.970.640.940.77
0.010.390.520.440.54-0.070.330.5-0.320.280.670.37-0.080.650.520.670.420.390.50.39-0.020.030.490.160.5
0.710.960.920.710.950.790.330.92-0.810.980.820.960.790.360.910.820.960.930.890.960.320.790.850.910.95
0.640.971.00.880.980.660.50.92-0.710.920.860.970.660.381.00.860.970.980.980.960.370.630.940.810.95
-0.77-0.71-0.7-0.41-0.75-0.75-0.32-0.81-0.71-0.78-0.67-0.7-0.77-0.33-0.69-0.67-0.77-0.66-0.62-0.770.1-0.86-0.6-0.87-0.77
0.760.970.920.710.940.840.280.980.92-0.780.820.970.840.320.910.820.980.960.90.980.430.820.850.910.96
0.540.870.880.670.920.620.670.820.86-0.670.820.860.610.640.881.00.870.860.870.860.350.640.890.740.93
0.691.00.980.840.970.770.370.960.97-0.70.970.860.770.340.970.860.991.00.970.990.480.720.930.860.98
0.870.770.670.440.690.98-0.080.790.66-0.770.840.610.770.10.660.610.780.740.660.80.40.960.650.920.77
0.140.360.410.190.430.20.650.360.38-0.330.320.640.340.10.40.640.370.350.380.340.020.250.420.30.46
0.630.981.00.880.980.660.520.911.0-0.690.910.880.970.660.40.880.970.980.990.960.420.630.950.80.96
0.540.870.880.670.920.620.670.820.86-0.670.821.00.860.610.640.880.870.860.870.860.350.640.890.740.93
0.720.990.970.810.980.780.420.960.97-0.770.980.870.990.780.370.970.870.980.951.00.420.760.910.870.99
0.671.00.980.860.960.740.390.930.98-0.660.960.861.00.740.350.980.860.980.980.980.510.690.940.830.97
0.620.970.990.890.960.650.50.890.98-0.620.90.870.970.660.380.990.870.950.980.950.520.610.940.780.95
0.730.990.960.790.970.790.390.960.96-0.770.980.860.990.80.340.960.861.00.980.950.450.770.90.880.98
0.290.470.40.420.350.42-0.020.320.370.10.430.350.480.40.020.420.350.420.510.520.450.270.440.290.41
0.890.730.640.370.690.970.030.790.63-0.860.820.640.720.960.250.630.640.760.690.610.770.270.590.950.76
0.530.930.950.870.930.640.490.850.94-0.60.850.890.930.650.420.950.890.910.940.940.90.440.590.740.92
0.880.860.810.580.850.940.160.910.81-0.870.910.740.860.920.30.80.740.870.830.780.880.290.950.740.86
0.690.980.960.770.980.770.50.950.95-0.770.960.930.980.770.460.960.930.990.970.950.980.410.760.920.86
Click cells to compare fundamentals

Surgery Partners Account Relationship Matchups

Surgery Partners fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding48.3M48.8M72.4M92.0M125.6M131.9M
Total Assets5.0B5.4B6.1B6.7B6.9B4.6B
Short Long Term Debt Total2.9B3.2B3.3B2.9B3.1B2.5B
Other Current Liab397.6M353M247.0M242.5M240.3M253.3M
Total Current Liabilities397.6M556.8M536.8M493.4M523M371.2M
Total Stockholder Equity297.8M115.6M1.1B2.0B2.0B2.1B
Other Liab62.9M440.6M402.6M35M40.3M38.2M
Property Plant And Equipment Net821M854.7M953.8M1.2B1.2B641.9M
Net Debt2.8B2.9B2.9B2.6B2.9B2.3B
Retained Earnings(315.7M)(431.8M)(502.7M)(557.3M)(569.2M)(540.7M)
Accounts Payable96.7M100.2M124.9M151.6M171.8M97.0M
Cash92.7M317.9M389.9M282.9M195.9M185.4M
Non Current Assets Total4.5B4.6B5.2B5.8B6.0B4.0B
Non Currrent Assets Other31.3M27M59.1M144.2M118.2M124.1M
Other Assets129.5M554M5.2B122.3M140.6M133.6M
Long Term Debt2.5B2.8B2.9B2.6B2.7B2.2B
Cash And Short Term Investments92.7M317.9M389.9M282.9M195.9M185.4M
Net Receivables326.9M382.2M430.2M456.3M496.4M332.0M
Good Will3.4B3.5B3.9B4.1B4.3B3.1B
Liabilities And Stockholders Equity5.0B5.4B6.1B6.7B6.9B4.6B
Non Current Liabilities Total2.9B3.2B3.3B2.9B3.1B2.6B
Inventory46.3M56.4M61.1M71.4M75.2M48.1M
Other Current Assets41.8M45M64.9M110.4M127.5M86.4M
Other Stockholder Equity268.7M607.9M1.6B2.5B2.5B2.6B
Total Liab5.0B5.4B6.1B6.7B3.5B4.3B
Property Plant And Equipment Gross821M854.7M1.2B1.5B1.7B1.8B
Total Current Assets525.5M801.5M946.1M921M895M626.5M
Accumulated Other Comprehensive Income(50.7M)(61M)(31.5M)76.2M57.5M60.4M
Short Term Debt93.3M103.6M100.5M99.3M110.9M70.8M
Intangible Assets47.3M46.9M43.7M42.3M54.8M53.2M
Property Plant Equipment821M854.7M953.8M1.2B1.3B1.4B
Net Tangible Assets(3.2B)(2.4B)1.1B(1.6B)(1.8B)(1.9B)
Current Deferred Revenue(190M)109.8M64.4M3.2M108.5M113.9M
Long Term Investments93.2M90.3M88.7M190.3M184.1M99.2M
Short Long Term Debt56M64.4M60.4M62.8M73.3M55.9M
Warrants1.1B741.3M330.2M342M393.3M673.0M
Noncontrolling Interest In Consolidated Entity686.6M766.5M880.6M942.7M1.1B724.6M
Common Stock Total Equity395.5M435M900K1.3M1.5M1.4M

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