Fresenius Change In Working Capital vs Depreciation Analysis

0H9X Stock   45.50  0.05  0.11%   
Fresenius Medical financial indicator trend analysis is much more than just examining Fresenius Medical Care latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Fresenius Medical Care is a good investment. Please check the relationship between Fresenius Medical Change In Working Capital and its Depreciation accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Fresenius Medical Care. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Change In Working Capital vs Depreciation

Change In Working Capital vs Depreciation Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Fresenius Medical Care Change In Working Capital account and Depreciation. At this time, the significance of the direction appears to have strong relationship.
The correlation between Fresenius Medical's Change In Working Capital and Depreciation is 0.61. Overlapping area represents the amount of variation of Change In Working Capital that can explain the historical movement of Depreciation in the same time period over historical financial statements of Fresenius Medical Care, assuming nothing else is changed. The correlation between historical values of Fresenius Medical's Change In Working Capital and Depreciation is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Change In Working Capital of Fresenius Medical Care are associated (or correlated) with its Depreciation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Depreciation has no effect on the direction of Change In Working Capital i.e., Fresenius Medical's Change In Working Capital and Depreciation go up and down completely randomly.

Correlation Coefficient

0.61
Relationship DirectionPositive 
Relationship StrengthSignificant

Change In Working Capital

The difference in the amount of working capital from one period to the next, indicating the change in a company's short-term assets and liabilities.

Depreciation

Depreciation indicates how much of Fresenius Medical Care value has been used up. For tax purposes Fresenius Medical can deduct the cost of the tangible assets it purchases as business expenses. However, Fresenius Medical Care must depreciate these assets in accordance with IRS rules about how and when the deduction may be taken, and how long it will last. The systematic allocation of the cost of a tangible asset over its useful life.
Most indicators from Fresenius Medical's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Fresenius Medical Care current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Fresenius Medical Care. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
Tax Provision is likely to drop to about 397.1 M in 2024. Selling General Administrative is likely to drop to about 2.4 B in 2024
 2019 2020 2023 2024 (projected)
Interest Income429.4M368.0M423.2M401.9M
Tax Provision401.6M500.6M450.5M397.1M

Fresenius Medical fundamental ratios Correlations

0.950.920.880.930.220.930.450.320.920.76-0.36-0.910.930.84-0.220.990.82-0.92-0.470.97-0.660.980.890.88-0.93
0.950.790.70.83-0.030.820.60.060.780.69-0.22-0.880.890.85-0.210.990.69-0.91-0.610.99-0.530.960.880.84-0.91
0.920.790.930.930.460.960.190.530.940.65-0.52-0.830.850.65-0.250.860.84-0.86-0.290.84-0.660.90.820.75-0.87
0.880.70.930.90.590.920.120.680.950.68-0.52-0.780.810.67-0.220.80.87-0.76-0.180.76-0.70.820.750.77-0.78
0.930.830.930.90.50.990.190.550.930.53-0.59-0.940.930.83-0.390.890.86-0.91-0.430.88-0.660.940.920.88-0.89
0.22-0.030.460.590.50.52-0.650.970.45-0.12-0.63-0.260.270.16-0.430.090.46-0.210.310.07-0.240.210.220.22-0.2
0.930.820.960.920.990.520.150.580.910.53-0.55-0.910.890.79-0.410.880.84-0.91-0.370.88-0.630.940.890.82-0.9
0.450.60.190.120.19-0.650.15-0.50.280.690.44-0.430.470.470.430.540.35-0.3-0.740.51-0.40.390.470.53-0.32
0.320.060.530.680.550.970.58-0.50.530.03-0.49-0.340.360.24-0.310.190.59-0.240.240.16-0.320.280.30.31-0.25
0.920.780.940.950.930.450.910.280.530.73-0.51-0.840.920.69-0.080.860.93-0.79-0.340.82-0.740.870.820.86-0.8
0.760.690.650.680.53-0.120.530.690.030.73-0.04-0.580.640.530.30.750.65-0.54-0.390.68-0.720.640.570.66-0.6
-0.36-0.22-0.52-0.52-0.59-0.63-0.550.44-0.49-0.51-0.040.41-0.37-0.310.59-0.29-0.30.5-0.06-0.290.38-0.42-0.38-0.360.45
-0.91-0.88-0.83-0.78-0.94-0.26-0.91-0.43-0.34-0.84-0.580.41-0.95-0.920.27-0.9-0.830.90.72-0.890.76-0.92-0.99-0.960.89
0.930.890.850.810.930.270.890.470.360.920.64-0.37-0.950.85-0.120.920.91-0.84-0.620.9-0.680.910.940.96-0.83
0.840.850.650.670.830.160.790.470.240.690.53-0.31-0.920.85-0.40.850.68-0.83-0.70.84-0.650.850.910.92-0.8
-0.22-0.21-0.25-0.22-0.39-0.43-0.410.43-0.31-0.080.30.590.27-0.12-0.4-0.20.050.42-0.07-0.26-0.08-0.33-0.28-0.130.33
0.990.990.860.80.890.090.880.540.190.860.75-0.29-0.90.920.85-0.20.77-0.92-0.550.99-0.610.980.890.87-0.93
0.820.690.840.870.860.460.840.350.590.930.65-0.3-0.830.910.680.050.77-0.64-0.450.71-0.730.750.820.87-0.66
-0.92-0.91-0.86-0.76-0.91-0.21-0.91-0.3-0.24-0.79-0.540.50.9-0.84-0.830.42-0.92-0.640.51-0.940.6-0.97-0.88-0.80.99
-0.47-0.61-0.29-0.18-0.430.31-0.37-0.740.24-0.34-0.39-0.060.72-0.62-0.7-0.07-0.55-0.450.51-0.530.61-0.51-0.74-0.720.49
0.970.990.840.760.880.070.880.510.160.820.68-0.29-0.890.90.84-0.260.990.71-0.94-0.53-0.540.980.880.84-0.94
-0.66-0.53-0.66-0.7-0.66-0.24-0.63-0.4-0.32-0.74-0.720.380.76-0.68-0.65-0.08-0.61-0.730.60.61-0.54-0.61-0.75-0.790.63
0.980.960.90.820.940.210.940.390.280.870.64-0.42-0.920.910.85-0.330.980.75-0.97-0.510.98-0.610.910.85-0.97
0.890.880.820.750.920.220.890.470.30.820.57-0.38-0.990.940.91-0.280.890.82-0.88-0.740.88-0.750.910.94-0.86
0.880.840.750.770.880.220.820.530.310.860.66-0.36-0.960.960.92-0.130.870.87-0.8-0.720.84-0.790.850.94-0.79
-0.93-0.91-0.87-0.78-0.89-0.2-0.9-0.32-0.25-0.8-0.60.450.89-0.83-0.80.33-0.93-0.660.990.49-0.940.63-0.97-0.86-0.79
Click cells to compare fundamentals

Fresenius Medical Account Relationship Matchups

Fresenius Medical fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets24.0B26.2B32.9B31.7B36.4B30.9B
Short Long Term Debt Total5.8B5.0B10.5B10.7B12.3B8.6B
Total Current Liabilities7.1B6.1B7.3B6.5B7.4B6.9B
Total Stockholder Equity9.8B11.8B12.0B11.2B12.9B12.0B
Retained Earnings9.5B10.3B10.8B10.7B12.3B9.9B
Cash358.0M1.3B239.0M334.7M384.9M503.2M
Other Assets1.1B1.1B1.2B1.1B1.3B1.1B
Long Term Debt5.8B5.0B6.5B6.8B7.8B6.8B
Cash And Short Term Investments993.6M2.3B1.1B1.2B1.4B1.5B
Net Receivables4.0B3.6B3.9B4.0B4.6B4.1B
Good Will12.1B12.2B14.0B13.0B14.9B14.1B
Short Term Investments15.5M119.5M133.3M161.7M145.5M108.9M
Capital Surpluse4.0B3.9B3.6B2.9B2.6B2.9B
Inventory1.7B1.9B2.0B2.3B2.6B1.9B
Other Current Assets306.6M462.2M346.3M370.8M426.5M361.6M
Other Stockholder Equity(1.0B)(2.2B)(1.3B)(388.5M)(349.6M)(367.1M)
Total Liab14.2B14.5B21.0B20.5B23.5B18.8B
Total Current Assets7.2B7.3B8.0B8.2B9.4B8.1B
Short Term Debt769.3M1.4B1.2B79.3M71.3M67.8M
Intangible Assets683.1M681.3M1.4B1.4B1.6B1.1B
Common Stock304.4M292.9M293.0M293.4M264.1M240.8M
Property Plant Equipment8.5B8.2B8.6B8.3B9.6B7.0B
Other Current Liab1.8B2.4B2.6B2.3B2.7B2.4B
Other Liab2.1B2.6B2.4B2.7B3.1B2.6B
Net Tangible Assets(3.5B)(3.1B)(3.1B)(3.3B)(3.0B)(3.1B)
Accounts Payable756.2M794.9M818.5M892.6M1.0B872.3M

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

Additional Tools for Fresenius Stock Analysis

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