Oncology Net Invested Capital vs Net Working Capital Analysis

TOIIW Stock  USD 0.02  0  26.85%   
Oncology Institute financial indicator trend analysis is much more than just breaking down The Oncology Institute prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether The Oncology Institute is a good investment. Please check the relationship between Oncology Institute Net Invested Capital and its Net Working Capital accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in The Oncology Institute. 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.
For more information on how to buy Oncology Stock please use our How to Invest in Oncology Institute guide.

Net Invested Capital vs Net Working Capital

Net Invested Capital vs Net Working Capital Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of The Oncology Institute Net Invested Capital account and Net Working Capital. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Oncology Institute's Net Invested Capital and Net Working Capital is 0.93. Overlapping area represents the amount of variation of Net Invested Capital that can explain the historical movement of Net Working Capital in the same time period over historical financial statements of The Oncology Institute, assuming nothing else is changed. The correlation between historical values of Oncology Institute's Net Invested Capital and Net Working Capital 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 Invested Capital of The Oncology Institute are associated (or correlated) with its Net Working Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Working Capital has no effect on the direction of Net Invested Capital i.e., Oncology Institute's Net Invested Capital and Net Working Capital go up and down completely randomly.

Correlation Coefficient

0.93
Relationship DirectionPositive 
Relationship StrengthVery Strong

Net Invested Capital

The total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents.

Net Working Capital

Most indicators from Oncology Institute's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into The Oncology Institute 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 The Oncology Institute. 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.
For more information on how to buy Oncology Stock please use our How to Invest in Oncology Institute guide.Tax Provision is likely to climb to about (84.5 K) in 2024. Selling General Administrative is likely to drop to about 67.6 M in 2024
 2021 2022 2023 2024 (projected)
Interest Expense320K4.1M6.8M7.1M
Depreciation And Amortization3.3M4.4M5.9M3.8M

Oncology Institute fundamental ratios Correlations

0.840.850.880.680.740.4-0.780.690.530.70.80.790.80.310.830.760.780.890.860.780.720.82-0.670.250.79
0.840.980.860.90.820.4-0.780.650.640.860.910.940.910.450.980.860.910.960.970.980.790.97-0.910.350.96
0.850.980.920.840.80.33-0.850.780.730.750.940.970.890.40.970.880.960.980.980.940.790.99-0.90.430.98
0.880.860.920.630.780.38-0.910.870.630.630.890.860.840.230.880.850.870.970.920.770.780.89-0.680.30.85
0.680.90.840.630.590.18-0.50.430.640.850.660.840.680.750.790.570.810.770.780.890.550.84-0.850.50.86
0.740.820.80.780.590.79-0.90.530.290.760.870.680.93-0.070.880.910.640.820.880.831.00.76-0.8-0.160.74
0.40.40.330.380.180.79-0.550.0-0.360.630.480.120.69-0.410.50.610.060.380.490.470.790.25-0.33-0.710.21
-0.78-0.78-0.85-0.91-0.5-0.9-0.55-0.83-0.52-0.54-0.9-0.77-0.850.06-0.85-0.9-0.77-0.88-0.87-0.72-0.92-0.820.74-0.08-0.79
0.690.650.780.870.430.530.0-0.830.830.220.740.820.550.190.670.660.860.810.710.520.550.8-0.580.550.76
0.530.640.730.630.640.29-0.36-0.520.830.210.580.860.350.590.570.430.890.670.590.540.280.79-0.670.890.8
0.70.860.750.630.850.760.63-0.540.220.210.680.630.840.420.810.680.580.740.80.90.710.7-0.71-0.010.7
0.80.910.940.890.660.870.48-0.90.740.580.680.890.950.10.980.980.860.940.980.90.870.94-0.860.210.92
0.790.940.970.860.840.680.12-0.770.820.860.630.890.770.490.910.790.990.930.910.880.660.99-0.90.610.99
0.80.910.890.840.680.930.69-0.850.550.350.840.950.770.080.970.970.730.910.960.930.910.85-0.81-0.010.83
0.310.450.40.230.75-0.07-0.410.060.190.590.420.10.490.080.25-0.050.510.330.250.4-0.120.42-0.350.760.45
0.830.980.970.880.790.880.5-0.850.670.570.810.980.910.970.250.950.870.961.00.970.860.95-0.890.230.94
0.760.860.880.850.570.910.61-0.90.660.430.680.980.790.97-0.050.950.760.90.950.870.90.86-0.810.040.84
0.780.910.960.870.810.640.06-0.770.860.890.580.860.990.730.510.870.760.930.890.830.630.98-0.860.650.97
0.890.960.980.970.770.820.38-0.880.810.670.740.940.930.910.330.960.90.930.980.90.80.96-0.820.350.94
0.860.970.980.920.780.880.49-0.870.710.590.80.980.910.960.251.00.950.890.980.950.860.96-0.870.250.94
0.780.980.940.770.890.830.47-0.720.520.540.90.90.880.930.40.970.870.830.90.950.790.92-0.920.260.93
0.720.790.790.780.551.00.79-0.920.550.280.710.870.660.91-0.120.860.90.630.80.860.790.74-0.78-0.170.72
0.820.970.990.890.840.760.25-0.820.80.790.70.940.990.850.420.950.860.980.960.960.920.74-0.910.51.0
-0.67-0.91-0.9-0.68-0.85-0.8-0.330.74-0.58-0.67-0.71-0.86-0.9-0.81-0.35-0.89-0.81-0.86-0.82-0.87-0.92-0.78-0.91-0.36-0.94
0.250.350.430.30.5-0.16-0.71-0.080.550.89-0.010.210.61-0.010.760.230.040.650.350.250.26-0.170.5-0.360.52
0.790.960.980.850.860.740.21-0.790.760.80.70.920.990.830.450.940.840.970.940.940.930.721.0-0.940.52
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Oncology Institute Account Relationship Matchups

Oncology Institute fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding64.4M59.1M66.2M80.6M73.7M68.4M

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Additional Tools for Oncology Stock Analysis

When running Oncology Institute's price analysis, check to measure Oncology Institute'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 Oncology Institute is operating at the current time. Most of Oncology Institute's value examination focuses on studying past and present price action to predict the probability of Oncology Institute's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Oncology Institute's price. Additionally, you may evaluate how the addition of Oncology Institute to your portfolios can decrease your overall portfolio volatility.