Healthcare Global Total Debt vs. Gross Profit
| HCG Stock | 502.40 1.20 0.24% |
For Healthcare Global profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Healthcare Global to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Healthcare Global Enterprises utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Healthcare Global's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Healthcare Global Enterprises over time as well as its relative position and ranking within its peers.
Healthcare |
Healthcare Global Gross Profit vs. Total Debt Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Healthcare Global's current stock value. Our valuation model uses many indicators to compare Healthcare Global value to that of its competitors to determine the firm's financial worth. Healthcare Global Enterprises is rated as one of the top companies in total debt category among its peers. It also is one of the top stocks in gross profit category among its peers fabricating about 0.72 of Gross Profit per Total Debt. The ratio of Total Debt to Gross Profit for Healthcare Global Enterprises is roughly 1.39 . At present, Healthcare Global's Gross Profit is projected to increase significantly based on the last few years of reporting. 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 Healthcare Global's earnings, one of the primary drivers of an investment's value.Healthcare Total Debt vs. Competition
Healthcare Global Enterprises is rated as one of the top companies in total debt category among its peers. Total debt of Health Care industry is currently estimated at about 48.04 Billion. Healthcare Global totals roughly 12.74 Billion in total debt claiming about 27% of equities under Health Care industry.
Healthcare Gross Profit 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.
Healthcare Global |
| = | 12.74 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.
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.
Healthcare Global |
| = | 9.2 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.
Healthcare Gross Profit Comparison
Healthcare Global is currently under evaluation in gross profit category among its peers.
Healthcare Global Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Healthcare Global, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Healthcare Global will eventually generate negative long term returns. The profitability progress is the general direction of Healthcare Global's change in net profit over the period of time. It can combine multiple indicators of Healthcare Global, 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 | ||
| Accumulated Other Comprehensive Income | 138.6 M | 145.6 M | |
| Operating Income | 92.8 M | 88.2 M | |
| Income Before Tax | 677.3 M | 711.2 M | |
| Total Other Income Expense Net | 584.5 M | 613.7 M | |
| Net Income | 677.3 M | 711.2 M | |
| Income Tax Expense | 263.9 M | 277.1 M | |
| Net Income From Continuing Ops | 413.2 M | 433.9 M | |
| Net Income Applicable To Common Shares | 264.1 M | 277.3 M | |
| Interest Income | 1.2 B | 786.8 M | |
| Net Interest Income | -1.1 B | -1.1 B | |
| Change To Netincome | 1.2 B | 1.3 B |
Healthcare Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Healthcare Global. 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 Healthcare Global 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 Healthcare Global's important profitability drivers and their relationship over time.
Use Healthcare Global 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 Healthcare Global 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 Healthcare Global will appreciate offsetting losses from the drop in the long position's value.Healthcare Global Pair Trading
Healthcare Global Enterprises Pair Trading Analysis
The ability to find closely correlated positions to Healthcare Global could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Healthcare Global 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 Healthcare Global - 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 Healthcare Global Enterprises to buy it.
The correlation of Healthcare Global 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 Healthcare Global moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Healthcare Global 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 Healthcare Global 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 Healthcare Global position
In addition to having Healthcare Global 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.Did You Try This Idea?
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Insurance Providers
Companies providing all types of insurance and insurance services. The Insurance Providers theme has 37 constituents at this time.
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Other Information on Investing in Healthcare Stock
To fully project Healthcare Global's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Healthcare Global 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 Healthcare Global's income statement, its balance sheet, and the statement of cash flows.