WELL Retained Earnings vs Net Receivables Analysis

WELL Stock

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WELL Health financial indicator trend analysis is more than just analyzing WELL Health Technologies current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether WELL Health Technologies is a good investment. Please check the relationship between WELL Health Retained Earnings and its Net Receivables accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in WELL Health Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Retained Earnings vs Net Receivables

Retained Earnings vs Net Receivables Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of WELL Health Technologies Retained Earnings account and Net Receivables. At this time, the significance of the direction appears to have pay attention.

The correlation between WELL Health's Retained Earnings and Net Receivables is -0.96. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Net Receivables in the same time period over historical financial statements of WELL Health Technologies, assuming nothing else is changed. The correlation between historical values of WELL Health's Retained Earnings and Net Receivables is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Retained Earnings of WELL Health Technologies are associated (or correlated) with its Net Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Receivables has no effect on the direction of Retained Earnings i.e., WELL Health's Retained Earnings and Net Receivables go up and down completely randomly.

Correlation Coefficient

-0.96

Relationship Direction	Negative
Relationship Strength	Significant

View All Relationships

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.

Net Receivables

Most indicators from WELL Health's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into WELL Health Technologies 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 Current Watchlist to better understand how to build diversified portfolios, which includes a position in WELL Health Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

At this time, WELL Health's Selling General Administrative is very stable compared to the past year. As of the 26th of November 2024, Tax Provision is likely to grow to about 3 M, while Discontinued Operations is likely to drop (257.1 K).

	2021	2022	2023	2024 (projected)
Gross Profit	153.7M	303.3M	311.5M	327.1M
Total Revenue	302.3M	569.1M	776.1M	814.9M

Gross Profit Total Revenue

WELL Health fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Net Debt	Retained Earnings	Cash	Cash And Short Term Investments	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Net Receivables	Common Stock Shares Outstanding	Common Stock	Short Long Term Debt Total	Property Plant And Equipment Net	Current Deferred Revenue	Accounts Payable	Non Current Assets Total	Non Currrent Assets Other	Non Current Liabilities Total	Capital Surpluse	Inventory	Short Term Debt	Good Will
Total Assets		0.94	1.0	1.0	0.98	-0.98	0.62	0.62	0.75	1.0	1.0	0.97	0.99	0.95	1.0	0.99	1.0	0.93	0.98	1.0	0.89	0.99	1.0	0.78	0.99	0.99
Other Current Liab	0.94		0.94	0.96	0.9	-0.91	0.56	0.56	0.81	0.95	0.92	0.94	0.97	0.92	0.95	0.92	0.94	0.92	0.86	0.94	0.98	0.91	0.96	0.8	0.9	0.88
Total Current Liabilities	1.0	0.94		0.99	0.98	-0.98	0.6	0.6	0.77	1.0	1.0	0.96	0.99	0.94	0.99	1.0	1.0	0.92	0.98	1.0	0.88	1.0	1.0	0.77	0.99	0.99
Total Stockholder Equity	1.0	0.96	0.99		0.96	-0.98	0.65	0.65	0.76	0.99	0.99	0.98	0.99	0.96	1.0	0.98	0.99	0.94	0.96	0.99	0.91	0.98	0.99	0.82	0.97	0.98
Net Debt	0.98	0.9	0.98	0.96		-0.94	0.46	0.46	0.78	0.98	0.99	0.9	0.98	0.88	0.96	0.99	0.98	0.86	0.97	0.98	0.87	0.99	0.98	0.65	0.99	0.97
Retained Earnings	-0.98	-0.91	-0.98	-0.98	-0.94		-0.7	-0.7	-0.69	-0.98	-0.98	-0.96	-0.96	-0.97	-0.98	-0.97	-0.98	-0.95	-0.98	-0.98	-0.85	-0.98	-0.97	-0.82	-0.95	-0.98
Cash	0.62	0.56	0.6	0.65	0.46	-0.7		1.0	0.29	0.58	0.58	0.76	0.54	0.74	0.66	0.56	0.62	0.72	0.63	0.6	0.42	0.57	0.56	0.91	0.54	0.66
Cash And Short Term Investments	0.62	0.56	0.6	0.65	0.46	-0.7	1.0		0.29	0.58	0.58	0.76	0.54	0.74	0.66	0.56	0.62	0.72	0.63	0.6	0.42	0.57	0.56	0.91	0.54	0.66
Other Current Assets	0.75	0.81	0.77	0.76	0.78	-0.69	0.29	0.29		0.76	0.75	0.76	0.81	0.73	0.76	0.77	0.79	0.7	0.65	0.75	0.75	0.74	0.8	0.46	0.8	0.69
Other Stockholder Equity	1.0	0.95	1.0	0.99	0.98	-0.98	0.58	0.58	0.76		0.99	0.96	1.0	0.94	0.99	0.99	0.99	0.92	0.97	1.0	0.91	0.99	1.0	0.77	0.98	0.98
Total Liab	1.0	0.92	1.0	0.99	0.99	-0.98	0.58	0.58	0.75	0.99		0.95	0.98	0.93	0.99	1.0	0.99	0.9	0.99	1.0	0.86	1.0	0.99	0.74	0.99	0.99
Total Current Assets	0.97	0.94	0.96	0.98	0.9	-0.96	0.76	0.76	0.76	0.96	0.95		0.95	0.97	0.98	0.94	0.97	0.95	0.93	0.96	0.86	0.94	0.96	0.88	0.93	0.95
Net Receivables	0.99	0.97	0.99	0.99	0.98	-0.96	0.54	0.54	0.81	1.0	0.98	0.95		0.93	0.99	0.99	0.99	0.92	0.95	0.99	0.94	0.98	1.0	0.75	0.98	0.96
Common Stock Shares Outstanding	0.95	0.92	0.94	0.96	0.88	-0.97	0.74	0.74	0.73	0.94	0.93	0.97	0.93		0.96	0.93	0.95	0.98	0.92	0.94	0.86	0.92	0.94	0.85	0.9	0.93
Common Stock	1.0	0.95	0.99	1.0	0.96	-0.98	0.66	0.66	0.76	0.99	0.99	0.98	0.99	0.96		0.98	0.99	0.94	0.97	0.99	0.89	0.98	0.99	0.82	0.97	0.98
Short Long Term Debt Total	0.99	0.92	1.0	0.98	0.99	-0.97	0.56	0.56	0.77	0.99	1.0	0.94	0.99	0.93	0.98		0.99	0.9	0.98	1.0	0.87	1.0	0.99	0.72	1.0	0.99
Property Plant And Equipment Net	1.0	0.94	1.0	0.99	0.98	-0.98	0.62	0.62	0.79	0.99	0.99	0.97	0.99	0.95	0.99	0.99		0.93	0.97	0.99	0.88	0.99	0.99	0.77	0.99	0.98
Current Deferred Revenue	0.93	0.92	0.92	0.94	0.86	-0.95	0.72	0.72	0.7	0.92	0.9	0.95	0.92	0.98	0.94	0.9	0.93		0.89	0.92	0.87	0.89	0.92	0.87	0.87	0.9
Accounts Payable	0.98	0.86	0.98	0.96	0.97	-0.98	0.63	0.63	0.65	0.97	0.99	0.93	0.95	0.92	0.97	0.98	0.97	0.89		0.98	0.8	0.99	0.96	0.75	0.97	1.0
Non Current Assets Total	1.0	0.94	1.0	0.99	0.98	-0.98	0.6	0.6	0.75	1.0	1.0	0.96	0.99	0.94	0.99	1.0	0.99	0.92	0.98		0.89	1.0	1.0	0.77	0.99	0.99
Non Currrent Assets Other	0.89	0.98	0.88	0.91	0.87	-0.85	0.42	0.42	0.75	0.91	0.86	0.86	0.94	0.86	0.89	0.87	0.88	0.87	0.8	0.89		0.86	0.92	0.72	0.84	0.82
Non Current Liabilities Total	0.99	0.91	1.0	0.98	0.99	-0.98	0.57	0.57	0.74	0.99	1.0	0.94	0.98	0.92	0.98	1.0	0.99	0.89	0.99	1.0	0.86		0.99	0.73	0.99	0.99
Capital Surpluse	1.0	0.96	1.0	0.99	0.98	-0.97	0.56	0.56	0.8	1.0	0.99	0.96	1.0	0.94	0.99	0.99	0.99	0.92	0.96	1.0	0.92	0.99		0.75	0.98	0.97
Inventory	0.78	0.8	0.77	0.82	0.65	-0.82	0.91	0.91	0.46	0.77	0.74	0.88	0.75	0.85	0.82	0.72	0.77	0.87	0.75	0.77	0.72	0.73	0.75		0.69	0.78
Short Term Debt	0.99	0.9	0.99	0.97	0.99	-0.95	0.54	0.54	0.8	0.98	0.99	0.93	0.98	0.9	0.97	1.0	0.99	0.87	0.97	0.99	0.84	0.99	0.98	0.69		0.98
Good Will	0.99	0.88	0.99	0.98	0.97	-0.98	0.66	0.66	0.69	0.98	0.99	0.95	0.96	0.93	0.98	0.99	0.98	0.9	1.0	0.99	0.82	0.99	0.97	0.78	0.98

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WELL Health Account Relationship Matchups

WELL Health fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	58.5M	262.7M	1.3B	1.3B	1.4B	1.5B
Other Current Liab	1.0M	10.1M	12.7M	35.7M	37.5M	39.3M
Total Current Liabilities	8.4M	22.6M	137.3M	136.5M	153.0M	160.6M
Total Stockholder Equity	32.0M	217.4M	618.2M	732.3M	767.7M	806.0M
Net Debt	3.5M	(63.3M)	340.0M	309.5M	382.9M	402.0M
Retained Earnings	(17.1M)	(20.8M)	(64.6M)	(63.7M)	(63.6M)	(60.4M)
Cash	15.6M	86.9M	61.9M	48.9M	43.4M	22.1M
Cash And Short Term Investments	15.6M	86.9M	61.9M	48.9M	43.4M	22.1M
Liabilities And Stockholders Equity	58.5M	262.7M	1.3B	1.3B	1.4B	1.5B
Other Current Assets	704.7K	1.5M	3.7M	520K	21.6M	22.7M
Other Stockholder Equity	3.7M	6.4M	44.0M	51.8M	54.0M	56.8M
Total Liab	26.5M	43.8M	554.4M	503.8M	563.2M	591.3M
Total Current Assets	18.9M	103.4M	142.9M	150.9M	176.4M	185.2M
Net Receivables	2.5M	8.9M	71.8M	95.8M	110.2M	115.7M
Common Stock Shares Outstanding	96.9M	133.9M	190.9M	220.7M	236.5M	248.4M
Common Stock	45.4M	231.9M	633.5M	705.2M	751.6M	789.1M
Property Plant And Equipment Net	12.5M	20.9M	88.6M	82.5M	102.5M	107.7M
Accounts Payable	5.4M	6.3M	63.0M	50.7M	47.9M	50.3M
Non Current Assets Total	39.6M	159.4M	1.1B	1.2B	1.2B	1.3B
Non Currrent Assets Other	221.8K	246.5K	644K	5.1M	4.4M	4.6M
Non Current Liabilities Total	18.1M	21.1M	417.1M	367.3M	410.2M	430.7M
Capital Surpluse	3.7M	6.4M	44.0M	51.8M	59.5M	62.5M
Inventory	61.5K	1.3M	793K	1.4M	1.2M	595.1K
Short Term Debt	1.5M	3.4M	57.4M	43.3M	61.0M	64.0M
Good Will	13.6M	110.1M	611.7M	499.3M	508.1M	533.5M
Long Term Debt Total	17.7M	20.2M	344.6M	315.2M	362.4M	380.6M
Cash And Equivalents	15.6M	86.9M	61.9M	48.9M	56.2M	33.9M
Net Tangible Assets	7.1M	86.0M	(399.0M)	(338.2M)	(304.4M)	(289.2M)
Long Term Debt	4.7M	947.9K	290.6M	263M	298.9M	313.9M
Other Liab	478.5K	920.4K	72.5M	52.1M	59.9M	62.9M
Other Assets	2.0M	1.8M	2.9M	3.2M	3.7M	2.2M
Property Plant Equipment	12.5M	20.9M	88.6M	82.5M	94.9M	99.7M

Other Information on Investing in WELL Stock

Balance Sheet is a snapshot of the financial position of WELL Health Technologies at a specified time, usually calculated after every quarter, six months, or one year. WELL Health Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of WELL Health and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which WELL currently owns. An asset can also be divided into two categories, current and non-current.

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WELL Retained Earnings vs Net Receivables Analysis

Retained Earnings vs Net Receivables

Retained Earnings vs Net Receivables Correlation Analysis

Correlation Coefficient

Retained Earnings

Net Receivables

WELL Health fundamental ratios Correlations

WELL Health Account Relationship Matchups

High Positive Relationship

High Negative Relationship

WELL Health fundamental ratios Accounts

Other Information on Investing in WELL Stock

COMMON DESTINATIONS

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COMPANY

Total Current Liabilities	+ 1.0	Total Assets
Total Stockholder Equity	+ 1.0	Total Assets
Other Stockholder Equity	+ 1.0	Total Assets
Total Liab	+ 1.0	Total Assets
Common Stock	+ 1.0	Total Assets
Property Plant And Equipment Net	+ 1.0	Total Assets

Good Will	- 0.98	Retained Earnings
Non Current Liabilities Total	- 0.98	Retained Earnings
Non Current Assets Total	- 0.98	Retained Earnings
Accounts Payable	- 0.98	Retained Earnings
Property Plant And Equipment Net	- 0.98	Retained Earnings
Common Stock	- 0.98	Retained Earnings