Oncology Non Current Assets Total vs Accounts Payable 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 Non Current Assets Total and its Accounts Payable 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.

Non Current Assets Total vs Accounts Payable

Non Current Assets Total vs Accounts Payable Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of The Oncology Institute Non Current Assets Total account and Accounts Payable. At this time, the significance of the direction appears to have very week relationship.
The correlation between Oncology Institute's Non Current Assets Total and Accounts Payable is 0.22. Overlapping area represents the amount of variation of Non Current Assets Total that can explain the historical movement of Accounts Payable 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 Non Current Assets Total and Accounts Payable is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Current Assets Total of The Oncology Institute are associated (or correlated) with its Accounts Payable. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accounts Payable has no effect on the direction of Non Current Assets Total i.e., Oncology Institute's Non Current Assets Total and Accounts Payable go up and down completely randomly.

Correlation Coefficient

0.22
Relationship DirectionPositive 
Relationship StrengthVery Weak

Non Current Assets Total

The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.

Accounts Payable

An accounting item on the balance sheet that represents Oncology Institute obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of The Oncology Institute are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.
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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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.