Fresenius Intangible Assets vs Short Term Debt 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 Intangible Assets and its Short Term Debt 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.

Intangible Assets vs Short Term Debt

Intangible Assets vs Short Term Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Fresenius Medical Care Intangible Assets account and Short Term Debt. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Fresenius Medical's Intangible Assets and Short Term Debt is -0.53. Overlapping area represents the amount of variation of Intangible Assets that can explain the historical movement of Short Term Debt 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 Intangible Assets and Short Term Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Intangible Assets of Fresenius Medical Care are associated (or correlated) with its Short Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Term Debt has no effect on the direction of Intangible Assets i.e., Fresenius Medical's Intangible Assets and Short Term Debt go up and down completely randomly.

Correlation Coefficient

-0.53
Relationship DirectionNegative 
Relationship StrengthVery Weak

Intangible Assets

Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.

Short Term Debt

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

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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

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