Meinian Onehealth Gross Profit vs. Total Debt
| 002044 Stock | 4.92 0.02 0.41% |
Gross Profit | First Reported 2005-09-30 | Previous Quarter 994.2 M | Current Value 1.3 B | Quarterly Volatility 535.4 M |
For Meinian Onehealth profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Meinian Onehealth to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Meinian Onehealth Healthcare utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Meinian Onehealth's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Meinian Onehealth Healthcare over time as well as its relative position and ranking within its peers.
Meinian |
Meinian Onehealth Total Debt vs. Gross Profit Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Meinian Onehealth's current stock value. Our valuation model uses many indicators to compare Meinian Onehealth value to that of its competitors to determine the firm's financial worth. Meinian Onehealth Healthcare is number one stock in gross profit category among its peers. It also is the top company in total debt category among its peers making up about 0.72 of Total Debt per Gross Profit. The ratio of Gross Profit to Total Debt for Meinian Onehealth Healthcare is roughly 1.40 . At present, Meinian Onehealth's Gross Profit is projected to increase significantly based on the last few years of reporting. Comparative valuation analysis is a catch-all model that can be used if you cannot value Meinian Onehealth by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Meinian Onehealth's Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.Meinian Total Debt vs. Gross Profit
Gross Profit is the most basic measure of business operational efficiency. It is simply the difference between sales revenue and the cost associated with making a product or providing a service. It is calculated before deducting administrative expenses, taxes, and interest payments.
Meinian Onehealth |
| = | 2.93 B |
Gross Profit varies significantly from one sector to another and tells an investor how much money a business would have made if it didn't have to pay any overhead expenses such as salary, taxes, or rent.
Total Debt refers to the amount of long term interest-bearing liabilities that a company carries on its balance sheet. That may include bonds sold to the public, notes written to banks or capital leases. Typically, debt can help a company magnify its earnings, but the burden of interest and principal payments will eventually prevent the firm from borrow excessively.
Meinian Onehealth |
| = | 2.1 B |
In most industries, total debt may also include the current portion of long-term debt. Since debt terms vary widely from one company to another, simply comparing outstanding debt obligations between different companies may not be adequate. It is usually meant to compare total debt amounts between companies that operate within the same sector.
Meinian Total Debt vs Competition
Meinian Onehealth Healthcare is the top company in total debt category among its peers. Total debt of Health Care industry is presently estimated at about 15.07 Billion. Meinian Onehealth retains roughly 2.1 Billion in total debt claiming about 14% of equities under Health Care industry.
Meinian Onehealth Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Meinian Onehealth, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Meinian Onehealth will eventually generate negative long term returns. The profitability progress is the general direction of Meinian Onehealth's change in net profit over the period of time. It can combine multiple indicators of Meinian Onehealth, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
| Last Reported | Projected for Next Year | ||
| Net Loss | -613.1 M | -582.5 M | |
| Net Income | 505.6 M | 530.9 M | |
| Operating Income | 1.2 B | 1.3 B | |
| Income Before Tax | 848.1 M | 890.5 M | |
| Income Tax Expense | 58.5 M | 86.2 M | |
| Net Income From Continuing Ops | 668.8 M | 702.3 M | |
| Total Other Income Expense Net | -57.2 M | -54.3 M | |
| Net Interest Income | -151.8 M | -159.4 M | |
| Interest Income | 14.1 M | 17.1 M | |
| Change To Netincome | 582 M | 395 M |
Meinian Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Meinian Onehealth. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Meinian Onehealth position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Meinian Onehealth's important profitability drivers and their relationship over time.
Use Meinian Onehealth in pair-trading
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 Meinian Onehealth 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 Meinian Onehealth will appreciate offsetting losses from the drop in the long position's value.Meinian Onehealth Pair Trading
Meinian Onehealth Healthcare Pair Trading Analysis
The ability to find closely correlated positions to Meinian Onehealth could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Meinian Onehealth 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 Meinian Onehealth - 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 Meinian Onehealth Healthcare to buy it.
The correlation of Meinian Onehealth 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 Meinian Onehealth moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Meinian Onehealth 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 Meinian Onehealth 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.Use Investing Themes to Complement your Meinian Onehealth position
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Other Information on Investing in Meinian Stock
To fully project Meinian Onehealth's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Meinian Onehealth at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Meinian Onehealth's income statement, its balance sheet, and the statement of cash flows.