GoHealth Historical Financial Ratios
GOCO Stock | USD 11.84 0.34 2.96% |
GoHealth is recently reporting on over 102 different financial statement accounts. To analyze all of these accounts together requires a lot of time and effort. However, using these accounts to derive some meaningful and actionable indicators such as PTB Ratio of 0.56 or Days Sales Outstanding of 476 will help investors to properly organize and evaluate GoHealth financial condition quickly.
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About GoHealth Financial Ratios Analysis
GoHealthFinancial ratios are relationships based on a company's financial information. They can serve as useful tools to evaluate GoHealth investment potential. Financial ratio analysis can also be defined as the process of presenting financial ratios, which are mathematical indicators calculated by comparing key financial information appearing on GoHealth financial statements. Financial ratios are useful tools that help investors analyze and compare relationships between different pieces of financial information across GoHealth history.
GoHealth Financial Ratios Chart
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Price To Sales Ratio
Price to Sales Ratio is figured by comparing GoHealth stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on GoHealth sales, a figure that is much harder to manipulate than other GoHealth multiples. Because sales tend to be more stable P/S ratio can be a good tool for screening cyclical companies fluctuating earnings patterns. A valuation ratio that compares a company's stock price to its revenues, calculated by dividing the company's market cap by its total sales or revenue over a 12-month period.Dividend Yield
Dividend Yield is GoHealth dividend as a percentage of GoHealth stock price. GoHealth dividend yield is a measure of GoHealth stock productivity, which can be interpreted as interest rate earned on an GoHealth investment. A financial ratio that shows how much a company pays out in dividends each year relative to its stock price, calculated as annual dividends per share divided by price per share.Ev To Sales
The Enterprise Value to Sales ratio, a valuation metric used to compare the value of a company, including debt and excluding cash, to its sales revenue.Most ratios from GoHealth's fundamentals are interrelated and interconnected. However, analyzing fundamentals ratios one by one will only give a small insight into GoHealth current financial condition. On the other hand, looking into the entire matrix of fundamentals ratios, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in GoHealth. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators. To learn how to invest in GoHealth Stock, please use our How to Invest in GoHealth guide.At this time, GoHealth's Payables Turnover is very stable compared to the past year. As of the 22nd of November 2024, Sales General And Administrative To Revenue is likely to grow to 0.20, while Price To Sales Ratio is likely to drop 0.16.
2021 | 2023 | 2024 (projected) | Dividend Yield | 0.0288 | 0.0259 | 0.0272 | Price To Sales Ratio | 0.38 | 0.17 | 0.16 |
GoHealth fundamentals Correlations
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GoHealth Account Relationship Matchups
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GoHealth fundamentals Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Price To Sales Ratio | 3.04 | 1.31 | 0.38 | 0.14 | 0.17 | 0.16 | |
Ptb Ratio | 1.9 | 3.04 | 1.14 | 0.28 | 0.54 | 0.56 | |
Days Sales Outstanding | 84.93 | 85.59 | 98.24 | 196.75 | 453.07 | 475.73 | |
Book Value Per Share | 153.26 | 249.29 | 126.31 | 70.07 | 43.66 | 41.47 | |
Free Cash Flow Yield | (0.004895) | (0.11) | (0.79) | 0.54 | 0.77 | 0.81 | |
Operating Cash Flow Per Share | (5.35E-4) | (20.35) | (42.32) | 7.21 | 11.75 | 12.33 | |
Pb Ratio | 1.9 | 3.04 | 1.14 | 0.28 | 0.54 | 0.56 | |
Ev To Sales | 3.55 | 1.6 | 0.95 | 1.0 | 0.85 | 0.81 | |
Free Cash Flow Per Share | (1.43) | (22.94) | (45.12) | 5.61 | 10.27 | 10.78 | |
Roic | 0.0403 | (0.0571) | (0.0993) | (0.34) | (0.11) | (0.12) | |
Net Income Per Share | (7.32) | (17.32) | (75.6) | (44.57) | (6.81) | (7.15) | |
Payables Turnover | 2.91 | 2.28 | 1.66 | 1.37 | 1.17 | 2.22 | |
Sales General And Administrative To Revenue | 0.34 | 0.22 | 0.0924 | 0.18 | 0.13 | 0.2 | |
Capex To Revenue | 0.0149 | 0.0166 | 0.0186 | 0.0214 | 0.0187 | 0.0216 | |
Cash Per Share | 2.19 | 25.7 | 11.94 | 1.95 | 9.77 | 6.88 | |
Pocfratio | (546.1K) | (10.07) | (1.34) | 1.45 | 1.14 | 1.19 | |
Interest Coverage | 5.65 | (1.35) | (3.05) | (4.93) | (1.18) | (1.12) | |
Pfcf Ratio | (204.29) | (8.93) | (1.26) | 1.86 | 1.3 | 1.36 | |
Days Payables Outstanding | 125.4 | 159.8 | 219.61 | 266.78 | 313.28 | 162.3 | |
Income Quality | 7.3E-5 | 1.18 | 0.56 | (0.16) | (1.73) | (1.64) | |
Roe | (0.0477) | (0.26) | (1.51) | (1.18) | (0.27) | (0.29) | |
Ev To Operating Cash Flow | (639.2K) | (12.31) | (3.39) | 10.33 | 5.73 | 6.02 | |
Pe Ratio | (39.89) | (11.83) | (0.75) | (0.23) | (1.96) | (1.86) | |
Return On Tangible Assets | (0.0949) | (0.094) | (0.36) | (0.32) | (0.0573) | (0.0602) | |
Ev To Free Cash Flow | (239.13) | (10.92) | (3.18) | 13.28 | 6.56 | 6.88 | |
Earnings Yield | (0.0251) | (0.0845) | (1.33) | (4.26) | (0.51) | (0.54) | |
Net Debt To E B I T D A | 3.52 | 7.46 | (1.56) | (3.11) | 20.81 | 21.85 | |
Current Ratio | 1.27 | 3.08 | 1.98 | 1.56 | 1.29 | 1.38 | |
Tangible Book Value Per Share | (55.09) | 57.71 | 42.15 | 10.79 | 0.98 | 0.93 | |
Receivables Turnover | 4.3 | 4.26 | 3.72 | 1.86 | 0.81 | 0.77 | |
Graham Number | 158.85 | 162.16 | 291.55 | 194.34 | 61.71 | 118.01 | |
Shareholders Equity Per Share | 153.26 | 67.48 | 49.97 | 37.66 | 24.86 | 23.62 | |
Debt To Equity | 0.34 | 1.06 | 1.92 | 1.63 | 2.18 | 2.29 | |
Capex Per Share | 1.43 | 2.59 | 2.8 | 1.6 | 1.48 | 1.36 | |
Graham Net Net | (113.27) | (73.25) | (124.19) | (94.23) | (34.35) | (36.06) | |
Revenue Per Share | 96.13 | 156.32 | 150.35 | 74.8 | 79.06 | 75.66 |
Pair Trading with GoHealth
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if GoHealth position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in GoHealth will appreciate offsetting losses from the drop in the long position's value.Moving together with GoHealth Stock
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Moving against GoHealth Stock
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0.6 | MMC | Marsh McLennan Companies Fiscal Year End 23rd of January 2025 | PairCorr |
0.52 | SLQT | Selectquote | PairCorr |
0.51 | ZBAO | Zhibao Technology Class | PairCorr |
The ability to find closely correlated positions to GoHealth could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace GoHealth when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back GoHealth - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling GoHealth to buy it.
The correlation of GoHealth is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as GoHealth moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if GoHealth moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for GoHealth can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in GoHealth. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators. To learn how to invest in GoHealth Stock, please use our How to Invest in GoHealth guide.You can also try the Pattern Recognition module to use different Pattern Recognition models to time the market across multiple global exchanges.
Is Property & Casualty Insurance space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of GoHealth. If investors know GoHealth will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about GoHealth listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 4.241 | Earnings Share (3.29) | Revenue Per Share 69.776 | Quarterly Revenue Growth (0.10) | Return On Assets (0.03) |
The market value of GoHealth is measured differently than its book value, which is the value of GoHealth that is recorded on the company's balance sheet. Investors also form their own opinion of GoHealth's value that differs from its market value or its book value, called intrinsic value, which is GoHealth's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because GoHealth's market value can be influenced by many factors that don't directly affect GoHealth's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between GoHealth's value and its price as these two are different measures arrived at by different means. Investors typically determine if GoHealth is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, GoHealth's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.