Astrana Health Total Debt vs. Book Value Per Share

ASTH Stock   38.48  0.99  2.51%   
Considering the key profitability indicators obtained from Astrana Health's historical financial statements, Astrana Health is yielding more profit at this time then in previous quarter. It has a moderate probability of reporting better profitability numbers in January. Profitability indicators assess Astrana Health's ability to earn profits and add value for shareholders. As of now, Astrana Health's Price To Sales Ratio is increasing as compared to previous years. The Astrana Health's current Operating Cash Flow Sales Ratio is estimated to increase to 0.05, while Days Sales Outstanding is projected to decrease to 34.21. As of now, Astrana Health's Total Other Income Expense Net is decreasing as compared to previous years. The Astrana Health's current Income Tax Expense is estimated to increase to about 33.6 M, while Accumulated Other Comprehensive Income is forecasted to increase to (13.7 M).
Current ValueLast YearChange From Last Year 10 Year Trend
Gross Profit Margin0.20.155
Significantly Up
Slightly volatile
For Astrana Health profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Astrana Health to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Astrana Health utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Astrana Health's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Astrana Health over time as well as its relative position and ranking within its peers.
  

Astrana Health's Revenue Breakdown by Earning Segment

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Is Health Care Providers & Services 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 Astrana Health. If investors know Astrana 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 Astrana Health 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
(0.30)
Earnings Share
1.3
Revenue Per Share
36.415
Quarterly Revenue Growth
0.375
Return On Assets
0.0449
The market value of Astrana Health is measured differently than its book value, which is the value of Astrana that is recorded on the company's balance sheet. Investors also form their own opinion of Astrana Health's value that differs from its market value or its book value, called intrinsic value, which is Astrana Health'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 Astrana Health's market value can be influenced by many factors that don't directly affect Astrana Health'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 Astrana Health's value and its price as these two are different measures arrived at by different means. Investors typically determine if Astrana Health is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Astrana Health'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.

Astrana Health Book Value Per Share vs. Total Debt Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining Astrana Health's current stock value. Our valuation model uses many indicators to compare Astrana Health value to that of its competitors to determine the firm's financial worth.
Astrana Health is rated below average in total debt category among its peers. It is rated fourth in book value per share category among its peers . The ratio of Total Debt to Book Value Per Share for Astrana Health is about  21,768,088 . As of now, Astrana Health's Book Value Per Share is increasing as compared to previous years. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Astrana Health's earnings, one of the primary drivers of an investment's value.

Astrana Total Debt vs. Competition

Astrana Health is rated below average in total debt category among its peers. Total debt of Health Care industry is presently estimated at about 16.26 Billion. Astrana Health claims roughly 321.01 Million in total debt contributing just under 2% to equities under Health Care industry.
Total debt  Revenue  Workforce  Valuation  Capitalization

Astrana Book Value Per Share vs. Total Debt

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.

Astrana Health

Total Debt

 = 

Bonds

+

Notes

 = 
321.01 M
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.
Book Value per Share (B/S) can be calculated by subtracting liabilities from assets, and then dividing it by the total number of currently outstanding shares. It indicates the level of safety associated with each common share after removing the effects of liabilities. In other words, a shareholder can use this ratio to see how much he or she can sell the stake in the company in the event of a liquidation.

Astrana Health

Book Value per Share

 = 

Common Equity

Average Shares

 = 
14.75 X
The naive approach to look at Book Value per Share is to compare it to current stock price. If Book Value per Share is higher than the currently traded stock price, the company can be considered undervalued. However, investors must be aware that conventional calculation of Book Value does not include intangible assets such as goodwill, intellectual property, trademarks or brands and may not be an appropriate measure for many firms.

Astrana Book Value Per Share Comparison

Astrana Health is currently under evaluation in book value per share category among its peers.

Astrana Health Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in Astrana Health, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Astrana Health will eventually generate negative long term returns. The profitability progress is the general direction of Astrana Health's change in net profit over the period of time. It can combine multiple indicators of Astrana Health, 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 ReportedProjected for Next Year
Accumulated Other Comprehensive Income-14.4 M-13.7 M
Operating Income84.6 M88.8 M
Income Before Tax89.8 M94.3 M
Net Income57.8 M60.7 M
Total Other Income Expense Net5.2 M5.5 M
Income Tax Expense32 M33.6 M
Net Income From Continuing Ops57.8 M31.4 M
Non Operating Income Net Other-11.2 M-10.6 M
Net Income Applicable To Common Shares56.4 M59.2 M
Interest Income14.2 M14.9 M
Net Interest Income-1.9 M-2 M
Change To Netincome-3.3 M-3.5 M
Net Income Per Share 1.30  1.36 
Income Quality 1.18  1.06 
Net Income Per E B T 0.68  0.71 

Astrana Profitability Driver Comparison

Profitability drivers are factors that can directly affect your investment outlook on Astrana Health. 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 Astrana Health 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 Astrana Health's important profitability drivers and their relationship over time.

Use Astrana Health 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 Astrana Health 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 Astrana Health will appreciate offsetting losses from the drop in the long position's value.

Astrana Health Pair Trading

Astrana Health Pair Trading Analysis

The ability to find closely correlated positions to Astrana Health could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Astrana Health 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 Astrana Health - 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 Astrana Health to buy it.
The correlation of Astrana Health 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 Astrana Health moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Astrana Health 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 Astrana Health 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.
Pair CorrelationCorrelation Matching

Use Investing Themes to Complement your Astrana Health position

In addition to having Astrana Health in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

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Run Money Market Funds Thematic Idea Now

Money Market Funds
Money Market Funds Theme
Funds or Etfs investing in various types of short-term (less than one year) fixed income instruments of high-quality and liquidity. The Money Market Funds theme has 38 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Money Market Funds Theme or any other thematic opportunities.
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When determining whether Astrana Health offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Astrana Health's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Astrana Health Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Astrana Health Stock:
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For more detail on how to invest in Astrana Stock please use our How to Invest in Astrana Health guide.
You can also try the Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.
To fully project Astrana Health's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Astrana Health 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 Astrana Health's income statement, its balance sheet, and the statement of cash flows.
Potential Astrana Health investors and stakeholders can use historical trends found within financial statements to determine how well the company is positioned for the future. Although Astrana Health investors may work on each financial statement separately, they are all related. The changes in Astrana Health's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Astrana Health's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.