Worldwide Long Term Investments vs Accounts Payable Analysis

WWH Stock   327.00  4.00  1.24%   
Worldwide Healthcare financial indicator trend analysis is more than just analyzing Worldwide Healthcare current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Worldwide Healthcare is a good investment. Please check the relationship between Worldwide Healthcare Long Term Investments and its Accounts Payable accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Worldwide Healthcare Trust. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.

Long Term Investments vs Accounts Payable

Long Term Investments vs Accounts Payable Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Worldwide Healthcare Long Term Investments account and Accounts Payable. At this time, the significance of the direction appears to have weak relationship.
The correlation between Worldwide Healthcare's Long Term Investments and Accounts Payable is 0.32. Overlapping area represents the amount of variation of Long Term Investments that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of Worldwide Healthcare Trust, assuming nothing else is changed. The correlation between historical values of Worldwide Healthcare's Long Term Investments 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 Long Term Investments of Worldwide Healthcare Trust 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 Long Term Investments i.e., Worldwide Healthcare's Long Term Investments and Accounts Payable go up and down completely randomly.

Correlation Coefficient

0.32
Relationship DirectionPositive 
Relationship StrengthVery Weak

Long Term Investments

Long Term Investments is an item on the asset side of Worldwide Healthcare balance sheet that represents investments Worldwide Healthcare intends to hold for over a year. Worldwide Healthcare Trust long term investments may include different instruments such as stocks, bonds, real estate and cash.

Accounts Payable

An accounting item on the balance sheet that represents Worldwide Healthcare 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 Worldwide Healthcare 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 Worldwide Healthcare's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Worldwide Healthcare 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 Worldwide Healthcare Trust. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
The current year's Selling General Administrative is expected to grow to about 17.1 M, whereas Tax Provision is forecasted to decline to about 2.5 M.

Worldwide Healthcare fundamental ratios Correlations

1.0-0.290.90.690.090.450.940.550.91-0.650.53-0.140.92-0.060.730.190.89-0.210.80.260.250.040.370.890.94
1.0-0.30.90.710.110.410.940.550.92-0.650.5-0.170.91-0.060.740.180.9-0.220.810.260.210.050.360.90.94
-0.29-0.3-0.13-0.23-0.180.01-0.17-0.16-0.220.320.070.02-0.230.09-0.230.65-0.140.08-0.17-0.25-0.210.54-0.21-0.15-0.2
0.90.9-0.130.650.120.310.910.450.92-0.570.41-0.240.830.110.680.260.83-0.330.770.240.080.390.350.820.85
0.690.71-0.230.65-0.01-0.160.60.480.73-0.58-0.02-0.70.48-0.380.99-0.050.69-0.180.960.01-0.250.060.10.680.61
0.090.11-0.180.12-0.01-0.240.120.150.140.03-0.43-0.20.10.220.020.20.08-0.460.10.01-0.310.25-0.090.130.15
0.450.410.010.31-0.16-0.240.430.240.27-0.220.920.770.54-0.03-0.110.230.410.1-0.030.310.87-0.090.340.370.43
0.940.94-0.170.910.60.120.430.420.9-0.650.48-0.160.950.150.640.240.93-0.070.720.150.120.20.240.930.95
0.550.55-0.160.450.480.150.240.420.41-0.070.20.00.32-0.50.570.180.41-0.170.590.210.2-0.080.290.280.32
0.910.92-0.220.920.730.140.270.90.41-0.680.34-0.30.820.130.750.210.84-0.340.830.310.10.310.390.890.92
-0.65-0.650.32-0.57-0.580.03-0.22-0.65-0.07-0.68-0.210.27-0.560.01-0.540.03-0.65-0.2-0.550.13-0.06-0.170.12-0.75-0.77
0.530.50.070.41-0.02-0.430.920.480.20.34-0.210.620.61-0.080.020.260.480.020.10.310.78-0.120.410.430.48
-0.14-0.170.02-0.24-0.7-0.20.77-0.160.0-0.30.270.62-0.020.08-0.650.09-0.220.13-0.590.310.84-0.230.27-0.27-0.17
0.920.91-0.230.830.480.10.540.950.320.82-0.560.61-0.020.150.520.210.91-0.150.610.270.260.040.360.910.92
-0.06-0.060.090.11-0.380.22-0.030.15-0.50.130.01-0.080.080.15-0.390.16-0.1-0.01-0.30.14-0.120.40.090.030.12
0.730.74-0.230.680.990.02-0.110.640.570.75-0.540.02-0.650.52-0.39-0.010.72-0.190.980.05-0.220.050.140.690.63
0.190.180.650.26-0.050.20.230.240.180.210.030.260.090.210.16-0.010.2-0.240.160.03-0.020.630.090.220.25
0.890.9-0.140.830.690.080.410.930.410.84-0.650.48-0.220.91-0.10.720.2-0.130.780.090.10.140.180.970.9
-0.21-0.220.08-0.33-0.18-0.460.1-0.07-0.17-0.34-0.20.020.13-0.15-0.01-0.19-0.24-0.13-0.29-0.47-0.01-0.27-0.49-0.14-0.14
0.80.81-0.170.770.960.1-0.030.720.590.83-0.550.1-0.590.61-0.30.980.160.78-0.290.14-0.160.170.230.750.71
0.260.26-0.250.240.010.010.310.150.210.310.130.310.310.270.140.050.030.09-0.470.140.54-0.120.970.050.12
0.250.21-0.210.08-0.25-0.310.870.120.20.1-0.060.780.840.26-0.12-0.22-0.020.1-0.01-0.160.54-0.320.520.060.16
0.040.050.540.390.060.25-0.090.2-0.080.31-0.17-0.12-0.230.040.40.050.630.14-0.270.17-0.12-0.32-0.120.20.19
0.370.36-0.210.350.1-0.090.340.240.290.390.120.410.270.360.090.140.090.18-0.490.230.970.52-0.120.120.19
0.890.9-0.150.820.680.130.370.930.280.89-0.750.43-0.270.910.030.690.220.97-0.140.750.050.060.20.120.97
0.940.94-0.20.850.610.150.430.950.320.92-0.770.48-0.170.920.120.630.250.9-0.140.710.120.160.190.190.97
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Worldwide Healthcare Account Relationship Matchups

Worldwide Healthcare fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.7B2.5B2.4B2.2B2.2B2.3B
Total Stockholder Equity1.5B2.4B2.3B2.2B2.1B2.2B
Retained Earnings1.1B1.6B1.4B1.3B1.2B1.3B
Cash3.8M29.6M26.6M58.9M73.8M77.5M
Other Assets3.5M18.9M283K209K3.7M4.4M
Total Liab164.7M101.2M153.2M99.2M112.8M79.0M
Common Stock13.4M16.1M16.4M16.3M15.0M13.6M
Common Stock Shares Outstanding531.5M594.9M653.1M644.7M585.3M614.6M
Other Current Liab10.4M(49.9M)(113.6M)(55.9M)(68.9M)(65.5M)
Total Current Liabilities164.7M101.2M153.2M99.2M120.2M79.0M
Net Debt150.5M20.3M87.0M(3.0M)(4.9M)(4.6M)
Non Current Assets Total1.7B2.4B2.4B2.2B2.1B1.1B
Non Currrent Assets Other(3.5M)(18.9M)(283K)(209K)(2.1B)(2.0B)
Cash And Short Term Investments3.8M29.6M26.6M58.9M73.8M77.5M
Net Receivables7.9M13.0M10.6M88K6.5M5.1M
Common Stock Total Equity12.5M13.2M13.4M16.1M18.5M13.7M
Liabilities And Stockholders Equity1.7B2.5B2.4B2.2B2.2B1.1B
Other Stockholder Equity(1.0B)(1.1B)(746.3M)841.6M(351.8M)(334.2M)
Total Current Assets18.4M47.8M41.3M63.3M84.0M88.2M
Non Current Liabilities Total154.3M49.9M113.6M55.9M68.9M81.6M
Other Current Assets14.6M18.2M14.7M4.4M10.2M8.3M
Net Tangible Assets1.4B1.5B2.4B2.3B2.6B1.6B
Long Term Investments1.7B2.4B2.4B2.2B2.1B1.8B
Capital Surpluse317.4M389.2M418.4M796.4M915.8M474.1M
Inventory(7.9M)(13.0M)(10.6M)(88K)82.0M86.1M
Short Term Investments(3.5M)(18.9M)(283K)(209K)(240.4K)(252.4K)
Capital Stock13.4M16.1M16.4M16.3M15.0M16.6M

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Other Information on Investing in Worldwide Stock

Balance Sheet is a snapshot of the financial position of Worldwide Healthcare at a specified time, usually calculated after every quarter, six months, or one year. Worldwide Healthcare Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Worldwide Healthcare 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 Worldwide currently owns. An asset can also be divided into two categories, current and non-current.