Chemed Corp Financials

CHE Stock  USD 566.43  5.96  1.04%   
Based on the analysis of Chemed Corp's profitability, liquidity, and operating efficiency, Chemed Corp is doing better financially today then in previous quarter. It has a moderate probability of reporting better financial numbers in January. At present, Chemed Corp's Other Current Liabilities is projected to increase significantly based on the last few years of reporting. The current year's Total Stockholder Equity is expected to grow to about 1.2 B, whereas Total Current Liabilities is forecasted to decline to about 167.5 M. Key indicators impacting Chemed Corp's financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Net Profit Margin0.130.1203
Significantly Up
Slightly volatile
Return On Assets0.170.1634
Sufficiently Up
Slightly volatile
Return On Equity0.140.246
Way Down
Slightly volatile
Debt Equity Ratio0.01350.0142
Sufficiently Down
Slightly volatile
Operating Income357.6 M340.6 M
Sufficiently Up
Slightly volatile
Current Ratio1.391.605
Fairly Down
Very volatile
Investors should never underestimate Chemed Corp's ability to pay suppliers on time, ensure interest payments are not accumulating, and correctly time where and how to reinvest extra cash. Individual investors need to monitor Chemed Corp's cash flow, debt, and profitability to make informed and accurate decisions about investing in Chemed Corp.

Cash And Equivalents

48.26 Million

  
Understanding current and past Chemed Corp Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Chemed Corp's financial statements are interrelated, with each one affecting the others. For example, an increase in Chemed Corp's assets may result in an increase in income on the income statement.
Please note, the presentation of Chemed Corp's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Chemed Corp's management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of Chemed Corp's management manipulating its earnings.

Chemed Corp Stock Summary

Chemed Corp competes with Encompass Health, Pennant, Acadia Healthcare, Select Medical, and Addus HomeCare. Chemed Corporation provides hospice and palliative care services to patients through a network of physicians, registered nurses, home health aides, social workers, clergy, and volunteers primarily in the United States. The company was incorporated in 1970 and is headquartered in Cincinnati, Ohio. Chemed operates under Medical Care Facilities classification in the United States and is traded on New York Stock Exchange. It employs 14137 people.
Foreign Associate
  Germany
Specialization
Health Care, Health Care Equipment & Services
InstrumentUSA Stock View All
ExchangeNew York Stock Exchange
ISINUS16359R1032
CUSIP16359R103 163596109 778787101
LocationOhio; U.S.A
Business Address255 East Fifth
SectorHealth Care Providers & Services
IndustryHealth Care
BenchmarkDow Jones Industrial
Websitewww.chemed.com
Phone513 762 6690
CurrencyUSD - US Dollar

Chemed Corp Key Financial Ratios

Chemed Corp Key Balance Sheet Accounts

201920202021202220232024 (projected)
Total Assets1.3B1.4B1.3B1.4B1.7B1.8B
Other Current Liab43.8M199.2M191.4M192.8M202.5M212.6M
Net Debt209.8M(27.3M)290.6M172.9M(108.8M)(103.4M)
Retained Earnings1.4B1.7B2.0B2.2B2.4B2.6B
Cash6.2M162.7M32.9M74.1M264.0M277.2M
Net Receivables143.8M126.9M137.2M139.4M181.5M93.9M
Good Will577.4M578.6M578.6M581.3M585.0M339.2M
Inventory7.5M7.1M10.1M10.3M12.0M16.1M
Other Current Assets33.2M32.8M50.1M48.8M43.4M31.9M
Total Liab541.7M533.7M719.5M643.3M560.2M362.0M
Total Current Assets190.7M329.4M230.3M272.6M500.8M525.9M
Short Term Debt39.3M36.2M37.9M44.0M54.3M57.1M
Intangible Assets126.4M118.1M108.1M99.7M90.3M87.4M
Accounts Payable51.1M54.2M73.0M41.9M48.3M39.9M
Common Stock35.8M36.3M36.5M36.8M37.2M31.1M
Other Liab102.8M135.4M131.4M143.1M164.5M172.8M
Other Assets86.5M408.8M107.0M58.0M66.7M71.8M
Treasury Stock(1.4B)(1.6B)(1.8B)(2.4B)(2.2B)(2.1B)
Net Tangible Assets22.9M204.5M(63.4M)108.8M125.1M131.4M
Long Term Debt Total90M0.0185M92.5M83.3M91.6M
Capital Surpluse860.7M961.4M1.0B1.1B1.3B757.3M

Chemed Corp Key Income Statement Accounts

201920202021202220232024 (projected)
Interest Expense4.5M2.4M1.9M4.6M3.1M3.2M
Total Revenue1.9B2.1B2.1B2.1B2.3B2.4B
Gross Profit617.4M701.4M769.8M765.1M796.6M836.4M
Operating Income257.4M389.7M343.0M343.5M340.6M357.6M
Ebit257.4M398.3M352.2M334.3M353.5M371.1M
Ebitda311.3M454.9M411.2M393.4M414.3M435.1M
Cost Of Revenue1.3B1.4B1.4B1.4B1.5B1.5B
Income Before Tax261.6M396.0M350.3M329.7M350.4M367.9M
Net Income219.9M319.5M268.6M249.6M272.5M286.1M
Income Tax Expense41.7M76.5M81.8M80.1M77.9M81.8M
Tax Provision41.7M76.5M81.8M80.1M72.6M66.4M
Interest Income513K757K6.8M14.2M2.9M3.7M
Net Interest Income(4.0M)(1.6M)(1.5M)(4.2M)(1.4M)(1.5M)

Chemed Corp Key Cash Accounts

201920202021202220232024 (projected)
Change To Inventory(1.8M)367K(3.0M)(162K)(1.7M)(1.6M)
Change In Cash1.3M156.5M(129.8M)41.2M189.8M199.3M
Free Cash Flow248.2M430.5M249.9M252.6M273.4M287.1M
Depreciation45.2M56.6M59.1M59.2M60.9M30.9M
Other Non Cash Items7.7M4.2M(7.8M)37.9M13.3M8.8M
Dividends Paid19.8M21.1M22.0M22.0M23.5M16.4M
Capital Expenditures53.0M58.8M58.7M57.3M56.9M33.5M
Net Income219.9M319.5M268.6M249.6M272.5M286.1M
End Period Cash Flow6.2M162.7M32.9M74.1M264.0M277.2M
Change To Netincome26.0M32.2M7.5M34.2M39.4M41.3M
Change Receivables(5.6M)(19.2M)12.8M(8.4M)(9.7M)(10.2M)
Net Borrowings(3.1M)(99.8M)196.9M(99.4M)(114.3M)(108.6M)
Investments(190.8M)(61.6M)(57.8M)(59.4M)(68.5M)(71.9M)

Chemed Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Chemed Corp's current stock value. Our valuation model uses many indicators to compare Chemed Corp value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Chemed Corp competition to find correlations between indicators driving Chemed Corp's intrinsic value. More Info.
Chemed Corp is number one stock in return on equity category among its peers. It also is number one stock in return on asset category among its peers reporting about  0.52  of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Chemed Corp is roughly  1.92 . At present, Chemed Corp's Return On Equity is projected to increase slightly based on the last few years of reporting. Comparative valuation analysis is a catch-all technique that is used if you cannot value Chemed Corp by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.

Chemed Corp Systematic Risk

Chemed Corp's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Chemed Corp volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was thirty-six with a total number of output elements of twenty-five. The Beta measures systematic risk based on how returns on Chemed Corp correlated with the market. If Beta is less than 0 Chemed Corp generally moves in the opposite direction as compared to the market. If Chemed Corp Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Chemed Corp is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Chemed Corp is generally in the same direction as the market. If Beta > 1 Chemed Corp moves generally in the same direction as, but more than the movement of the benchmark.

Chemed Corp Thematic Clasifications

Chemed Corp is part of Healthcare investing theme. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. USA Equities from Healthcare industry as classified by Fama & French. Fama and French investing themes focus on testing asset pricing under different economic assumptions
HealthcareView
This theme covers USA Equities from Healthcare industry as classified by Fama & French. Fama and French investing themes focus on testing asset pricing under different economic assumptions. Get More Thematic Ideas
Today, most investors in Chemed Corp Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Chemed Corp's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Chemed Corp growth as a starting point in their analysis.

Price Earnings To Growth Ratio

4.08

At present, Chemed Corp's Price Earnings To Growth Ratio is projected to slightly decrease based on the last few years of reporting.

Chemed Corp December 2, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Chemed Corp help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Chemed Corp. We use our internally-developed statistical techniques to arrive at the intrinsic value of Chemed Corp based on widely used predictive technical indicators. In general, we focus on analyzing Chemed Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Chemed Corp's daily price indicators and compare them against related drivers.

Complementary Tools for Chemed Stock analysis

When running Chemed Corp's price analysis, check to measure Chemed Corp's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Chemed Corp is operating at the current time. Most of Chemed Corp's value examination focuses on studying past and present price action to predict the probability of Chemed Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Chemed Corp's price. Additionally, you may evaluate how the addition of Chemed Corp to your portfolios can decrease your overall portfolio volatility.
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