Ardent Health Partners, Stock Beta

ARDT Stock

16.36 0.44 2.76%

Ardent Health Partners, fundamentals help investors to digest information that contributes to Ardent Health's financial success or failures. It also enables traders to predict the movement of Ardent Stock. The fundamental analysis module provides a way to measure Ardent Health's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Ardent Health stock.

Short Long Term Debt Total Total Assets

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Ardent Health Partners, Company Beta Analysis

Ardent Health's Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.

Beta

Covariance

Variance

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Ardent Beta Driver Correlations

Understanding the fundamental principles of building solid financial models for Ardent Health is extremely important. It helps to project a fair market value of Ardent Stock properly, considering its historical fundamentals such as Beta. Since Ardent Health's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Ardent Health's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Ardent Health's interrelated accounts and indicators.

	Total Assets	Total Stockholder Equity	Net Debt	Retained Earnings	Accounts Payable	Net Receivables	Good Will	Total Liab	Total Current Assets	Short Term Debt	Common Stock	Current Deferred Revenue	Long Term Debt	Short Term Investments	Net Invested Capital	Short Long Term Debt	Net Working Capital	Intangible Assets
Total Assets		0.98	1.0	0.84	0.84	0.88	0.67	1.0	0.98	0.98	0.91	0.48	0.44	-0.53	0.47	0.53	0.48	-0.31
Total Stockholder Equity	0.98		0.97	0.9	0.89	0.91	0.72	0.98	0.98	0.98	0.85	0.55	0.5	-0.61	0.53	0.61	0.55	-0.33
Net Debt	1.0	0.97		0.82	0.86	0.91	0.69	1.0	0.99	0.97	0.94	0.51	0.46	-0.56	0.49	0.56	0.51	-0.33
Retained Earnings	0.84	0.9	0.82		0.82	0.8	0.74	0.83	0.86	0.86	0.69	0.62	0.58	-0.68	0.61	0.66	0.62	-0.56
Accounts Payable	0.84	0.89	0.86	0.82		0.99	0.83	0.83	0.93	0.8	0.8	0.77	0.69	-0.88	0.74	0.86	0.77	-0.45
Net Receivables	0.88	0.91	0.91	0.8	0.99		0.84	0.87	0.96	0.83	0.88	0.76	0.7	-0.84	0.74	0.84	0.76	-0.48
Good Will	0.67	0.72	0.69	0.74	0.83	0.84		0.66	0.75	0.6	0.76	0.96	0.96	-0.8	0.96	0.92	0.96	-0.79
Total Liab	1.0	0.98	1.0	0.83	0.83	0.87	0.66		0.98	0.98	0.92	0.46	0.42	-0.51	0.44	0.51	0.46	-0.29
Total Current Assets	0.98	0.98	0.99	0.86	0.93	0.96	0.75	0.98		0.95	0.91	0.6	0.55	-0.68	0.58	0.67	0.6	-0.37
Short Term Debt	0.98	0.98	0.97	0.86	0.8	0.83	0.6	0.98	0.95		0.83	0.41	0.36	-0.46	0.39	0.46	0.41	-0.23
Common Stock	0.91	0.85	0.94	0.69	0.8	0.88	0.76	0.92	0.91	0.83		0.6	0.58	-0.58	0.6	0.61	0.6	-0.48
Current Deferred Revenue	0.48	0.55	0.51	0.62	0.77	0.76	0.96	0.46	0.6	0.41	0.6		0.99	-0.86	1.0	0.97	1.0	-0.82
Long Term Debt	0.44	0.5	0.46	0.58	0.69	0.7	0.96	0.42	0.55	0.36	0.58	0.99		-0.78	1.0	0.92	0.99	-0.85
Short Term Investments	-0.53	-0.61	-0.56	-0.68	-0.88	-0.84	-0.8	-0.51	-0.68	-0.46	-0.58	-0.86	-0.78		-0.83	-0.95	-0.86	0.65
Net Invested Capital	0.47	0.53	0.49	0.61	0.74	0.74	0.96	0.44	0.58	0.39	0.6	1.0	1.0	-0.83		0.95	1.0	-0.83
Short Long Term Debt	0.53	0.61	0.56	0.66	0.86	0.84	0.92	0.51	0.67	0.46	0.61	0.97	0.92	-0.95	0.95		0.97	-0.73
Net Working Capital	0.48	0.55	0.51	0.62	0.77	0.76	0.96	0.46	0.6	0.41	0.6	1.0	0.99	-0.86	1.0	0.97		-0.82
Intangible Assets	-0.31	-0.33	-0.33	-0.56	-0.45	-0.48	-0.79	-0.29	-0.37	-0.23	-0.48	-0.82	-0.85	0.65	-0.83	-0.73	-0.82

Click cells to compare fundamentals

In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.

Competition

Predict Ardent Health

In accordance with the recently published financial statements, Ardent Health Partners, has a Beta of 0.0. This is 100.0% lower than that of the Health Care Providers & Services sector and about the same as Health Care (which currently averages 0.0) industry. The beta for all United States stocks is 100.0% lower than that of the firm.

Ardent Beta Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Ardent Health's direct or indirect competition against its Beta to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Ardent Health could also be used in its relative valuation, which is a method of valuing Ardent Health by comparing valuation metrics of similar companies.

Ardent Health is currently under evaluation in beta category among its peers.

Ardent Health ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Ardent Health's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Ardent Health's managers, analysts, and investors.

Environmental

Governance

Social

Ardent Fundamentals

	Profit Margin	0.02 %
	Operating Margin	0.07 %
	Current Valuation	4.51 B
	Shares Outstanding	142.76 M
	Shares Owned By Insiders	22.90 %
	Shares Owned By Institutions	61.80 %
	Number Of Shares Shorted	546.76 K
	Price To Book	3.50 X
	Price To Sales	0.46 X
	Revenue	5.41 B
	EBITDA	350 M
	Net Income	53.9 M
	Total Debt	2.4 B
	Book Value Per Share	1.52 X
	Cash Flow From Operations	221.7 M
	Short Ratio	1.61 X
	Earnings Per Share	0.59 X
	Target Price	22.78
	Number Of Employees	18.4 K
	Market Capitalization	2.59 B
	Total Asset	4.73 B
	Retained Earnings	155.45 M
	Working Capital	623.98 M
	Net Asset	4.73 B

About Ardent Health Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Ardent Health Partners,'s financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Ardent Health using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Ardent Health Partners, based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.

Please read more on our fundamental analysis page.

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Additional Tools for Ardent Stock Analysis

When running Ardent Health's price analysis, check to measure Ardent Health'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 Ardent Health is operating at the current time. Most of Ardent Health's value examination focuses on studying past and present price action to predict the probability of Ardent Health's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ardent Health's price. Additionally, you may evaluate how the addition of Ardent Health to your portfolios can decrease your overall portfolio volatility.

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