HCA Accounts Payable vs Good Will Analysis

0J1R Stock

325.63 1.43 0.44%

HCA Healthcare financial indicator trend analysis is much more than just examining HCA Healthcare latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether HCA Healthcare is a good investment. Please check the relationship between HCA Healthcare Accounts Payable and its Good Will accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in HCA Healthcare. 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.

Accounts Payable vs Good Will

Accounts Payable vs Good Will Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of HCA Healthcare Accounts Payable account and Good Will. At this time, the significance of the direction appears to have very strong relationship.

The correlation between HCA Healthcare's Accounts Payable and Good Will is 0.84. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Good Will in the same time period over historical financial statements of HCA Healthcare, assuming nothing else is changed. The correlation between historical values of HCA Healthcare's Accounts Payable and Good Will is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Accounts Payable of HCA Healthcare are associated (or correlated) with its Good Will. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Good Will has no effect on the direction of Accounts Payable i.e., HCA Healthcare's Accounts Payable and Good Will go up and down completely randomly.

Correlation Coefficient

0.84

Relationship Direction	Positive
Relationship Strength	Strong

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Accounts Payable

An accounting item on the balance sheet that represents HCA Healthcare obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of HCA Healthcare are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.

Good Will

An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.

Most indicators from HCA Healthcare's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into HCA Healthcare 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 HCA Healthcare. 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.

Selling General Administrative is likely to drop to about 19.5 B in 2024. Tax Provision is likely to drop to about 1.6 B in 2024

	2021	2022	2023	2024 (projected)
Gross Profit	49.3B	50.9B	9.6B	9.1B
Total Revenue	58.8B	60.2B	65.0B	68.2B

Gross Profit Total Revenue

HCA Healthcare fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Short Term Debt	Intangible Assets	Common Stock	Good Will	Current Deferred Revenue
Total Assets		0.94	0.82	0.75	0.24	0.84	0.93	0.28	0.83	0.74	1.0	0.11	0.7	0.81	0.24	0.94	0.88	0.9	0.13	0.96	0.84	0.22	-0.22	-0.72	0.99	0.64
Short Long Term Debt Total	0.94		0.72	0.63	-0.11	0.7	1.0	-0.06	0.69	0.61	0.93	0.31	0.53	0.73	0.51	1.0	0.8	0.89	0.11	1.0	0.75	0.16	-0.05	-0.47	0.92	0.38
Other Current Liab	0.82	0.72		0.98	0.32	0.99	0.72	0.36	0.96	0.56	0.83	-0.11	0.72	0.99	0.22	0.73	0.96	0.81	0.39	0.76	0.99	0.61	-0.21	-0.8	0.83	0.8
Total Current Liabilities	0.75	0.63	0.98		0.35	0.97	0.63	0.38	0.95	0.5	0.75	-0.22	0.69	0.97	0.15	0.63	0.9	0.78	0.52	0.67	0.97	0.73	-0.14	-0.79	0.75	0.82
Total Stockholder Equity	0.24	-0.11	0.32	0.35		0.42	-0.14	0.99	0.44	0.39	0.26	-0.55	0.47	0.27	-0.76	-0.1	0.29	0.07	0.05	-0.03	0.29	0.15	-0.52	-0.72	0.27	0.74
Property Plant And Equipment Net	0.84	0.7	0.99	0.97	0.42		0.69	0.46	0.98	0.6	0.84	-0.15	0.75	0.98	0.12	0.71	0.97	0.79	0.36	0.74	0.98	0.55	-0.26	-0.84	0.84	0.86
Net Debt	0.93	1.0	0.72	0.63	-0.14	0.69		-0.08	0.67	0.58	0.92	0.31	0.5	0.72	0.51	0.99	0.79	0.88	0.11	0.99	0.74	0.17	-0.04	-0.46	0.91	0.37
Retained Earnings	0.28	-0.06	0.36	0.38	0.99	0.46	-0.08		0.49	0.4	0.3	-0.49	0.48	0.32	-0.75	-0.05	0.35	0.1	0.0	0.02	0.34	0.12	-0.59	-0.74	0.32	0.75
Accounts Payable	0.83	0.69	0.96	0.95	0.44	0.98	0.67	0.49		0.65	0.84	-0.14	0.79	0.96	0.08	0.69	0.95	0.81	0.38	0.73	0.98	0.51	-0.29	-0.81	0.84	0.85
Cash	0.74	0.61	0.56	0.5	0.39	0.6	0.58	0.4	0.65		0.74	0.19	0.94	0.51	0.12	0.64	0.66	0.66	-0.06	0.66	0.61	0.01	-0.15	-0.52	0.73	0.55
Non Current Assets Total	1.0	0.93	0.83	0.75	0.26	0.84	0.92	0.3	0.84	0.74		0.1	0.7	0.81	0.22	0.93	0.89	0.9	0.14	0.96	0.84	0.22	-0.22	-0.73	1.0	0.66
Non Currrent Assets Other	0.11	0.31	-0.11	-0.22	-0.55	-0.15	0.31	-0.49	-0.14	0.19	0.1		0.06	-0.09	0.56	0.33	0.07	0.04	-0.55	0.27	-0.05	-0.45	0.17	0.38	0.1	-0.46
Cash And Short Term Investments	0.7	0.53	0.72	0.69	0.47	0.75	0.5	0.48	0.79	0.94	0.7	0.06		0.67	0.1	0.56	0.77	0.66	0.11	0.59	0.76	0.25	-0.18	-0.61	0.69	0.71
Net Receivables	0.81	0.73	0.99	0.97	0.27	0.98	0.72	0.32	0.96	0.51	0.81	-0.09	0.67		0.22	0.73	0.96	0.81	0.39	0.76	0.99	0.59	-0.26	-0.74	0.81	0.77
Common Stock Shares Outstanding	0.24	0.51	0.22	0.15	-0.76	0.12	0.51	-0.75	0.08	0.12	0.22	0.56	0.1	0.22		0.52	0.26	0.39	0.03	0.46	0.24	0.09	0.47	0.28	0.19	-0.26
Non Current Liabilities Total	0.94	1.0	0.73	0.63	-0.1	0.71	0.99	-0.05	0.69	0.64	0.93	0.33	0.56	0.73	0.52		0.81	0.89	0.07	0.99	0.76	0.12	-0.07	-0.47	0.92	0.39
Inventory	0.88	0.8	0.96	0.9	0.29	0.97	0.79	0.35	0.95	0.66	0.89	0.07	0.77	0.96	0.26	0.81		0.8	0.21	0.83	0.97	0.39	-0.29	-0.76	0.89	0.74
Other Current Assets	0.9	0.89	0.81	0.78	0.07	0.79	0.88	0.1	0.81	0.66	0.9	0.04	0.66	0.81	0.39	0.89	0.8		0.34	0.91	0.84	0.4	0.0	-0.58	0.9	0.58
Other Stockholder Equity	0.13	0.11	0.39	0.52	0.05	0.36	0.11	0.0	0.38	-0.06	0.14	-0.55	0.11	0.39	0.03	0.07	0.21	0.34		0.12	0.36	0.77	0.33	-0.26	0.12	0.4
Total Liab	0.96	1.0	0.76	0.67	-0.03	0.74	0.99	0.02	0.73	0.66	0.96	0.27	0.59	0.76	0.46	0.99	0.83	0.91	0.12		0.78	0.18	-0.08	-0.54	0.95	0.45
Total Current Assets	0.84	0.75	0.99	0.97	0.29	0.98	0.74	0.34	0.98	0.61	0.84	-0.05	0.76	0.99	0.24	0.76	0.97	0.84	0.36	0.78		0.55	-0.23	-0.75	0.84	0.78
Short Term Debt	0.22	0.16	0.61	0.73	0.15	0.55	0.17	0.12	0.51	0.01	0.22	-0.45	0.25	0.59	0.09	0.12	0.39	0.4	0.77	0.18	0.55		0.26	-0.45	0.21	0.52
Intangible Assets	-0.22	-0.05	-0.21	-0.14	-0.52	-0.26	-0.04	-0.59	-0.29	-0.15	-0.22	0.17	-0.18	-0.26	0.47	-0.07	-0.29	0.0	0.33	-0.08	-0.23	0.26		0.35	-0.24	-0.31
Common Stock	-0.72	-0.47	-0.8	-0.79	-0.72	-0.84	-0.46	-0.74	-0.81	-0.52	-0.73	0.38	-0.61	-0.74	0.28	-0.47	-0.76	-0.58	-0.26	-0.54	-0.75	-0.45	0.35		-0.74	-0.88
Good Will	0.99	0.92	0.83	0.75	0.27	0.84	0.91	0.32	0.84	0.73	1.0	0.1	0.69	0.81	0.19	0.92	0.89	0.9	0.12	0.95	0.84	0.21	-0.24	-0.74		0.65
Current Deferred Revenue	0.64	0.38	0.8	0.82	0.74	0.86	0.37	0.75	0.85	0.55	0.66	-0.46	0.71	0.77	-0.26	0.39	0.74	0.58	0.4	0.45	0.78	0.52	-0.31	-0.88	0.65

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HCA Healthcare Account Relationship Matchups

HCA Healthcare fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	45.1B	47.5B	50.7B	52.4B	56.2B	28.2B
Short Long Term Debt Total	35.2B	32.7B	36.3B	39.8B	41.9B	21.4B
Other Current Liab	4.0B	4.2B	4.5B	4.6B	5.3B	5.5B
Total Current Liabilities	7.8B	8.7B	9.6B	9.9B	12.7B	13.3B
Total Stockholder Equity	(2.8B)	572M	(933M)	(2.8B)	(1.8B)	(1.9B)
Property Plant And Equipment Net	24.5B	25.2B	26.2B	27.6B	29.9B	31.4B
Net Debt	34.6B	30.9B	34.9B	38.9B	40.9B	20.9B
Retained Earnings	(2.4B)	777M	(532M)	(2.3B)	(1.4B)	(1.4B)
Accounts Payable	2.9B	3.5B	4.1B	4.2B	4.2B	4.4B
Cash	621M	1.8B	1.5B	908M	935M	485.2M
Non Current Assets Total	33.9B	35.2B	37.2B	38.8B	41.3B	21.0B
Non Currrent Assets Other	480M	546M	598M	298M	150M	142.5M
Cash And Short Term Investments	621M	1.8B	1.5B	908M	1.0B	1.1B
Net Receivables	7.4B	7.1B	8.1B	8.9B	10.0B	10.5B
Common Stock Shares Outstanding	348.2M	343.6M	328.8M	294.7M	276.4M	342.7M
Liabilities And Stockholders Equity	45.1B	47.5B	50.7B	52.4B	56.2B	28.2B
Non Current Liabilities Total	37.9B	35.9B	39.7B	42.6B	42.5B	23.3B
Inventory	1.8B	2.0B	2.0B	2.1B	2.0B	2.1B
Other Current Assets	1.2B	1.3B	1.9B	1.8B	1.9B	1.2B
Other Stockholder Equity	(460M)	294M	(404M)	2.8B	2.5B	2.6B
Total Liab	45.6B	44.6B	49.3B	52.5B	55.2B	28.5B
Total Current Assets	11.2B	12.3B	13.5B	13.6B	14.9B	15.7B
Short Term Debt	495M	588M	637M	734M	2.8B	2.9B
Intangible Assets	342M	330M	369M	403M	339M	556.1M
Accumulated Other Comprehensive Income	(460M)	(502M)	(404M)	(490M)	(425M)	(446.3M)
Good Will	7.9B	8.2B	9.1B	9.3B	9.6B	5.8B
Other Assets	480M	546M	598M	298M	268.2M	254.8M
Short Term Investments	147M	116M	103M	381M	87M	111.4M
Other Liab	2.8B	3.4B	3.6B	3.1B	3.6B	3.3B
Net Tangible Assets	(11.1B)	(8.0B)	(10.5B)	(12.4B)	(14.3B)	(15.0B)
Long Term Debt	32.0B	33.1B	30.3B	34.3B	39.5B	35.8B
Property Plant Equipment	24.5B	25.2B	26.2B	27.6B	31.8B	25.9B

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HCA Accounts Payable vs Good Will Analysis

Accounts Payable vs Good Will

Accounts Payable vs Good Will Correlation Analysis

Correlation Coefficient

Accounts Payable

Good Will

HCA Healthcare fundamental ratios Correlations

HCA Healthcare Account Relationship Matchups

High Positive Relationship

High Negative Relationship

HCA Healthcare fundamental ratios Accounts

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Additional Tools for HCA Stock Analysis

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Non Current Assets Total	+ 1.0	Total Assets
Net Debt	+ 1.0	Short Long Term Debt Total
Non Current Liabilities Total	+ 1.0	Short Long Term Debt Total
Total Liab	+ 1.0	Short Long Term Debt Total
Good Will	+ 1.0	Non Current Assets Total
Good Will	+ 0.99	Total Assets

Current Deferred Revenue	- 0.88	Common Stock
Common Stock	- 0.84	Property Plant And Equipment Net
Common Stock	- 0.81	Accounts Payable
Common Stock	- 0.8	Other Current Liab
Common Stock	- 0.79	Total Current Liabilities
Common Stock	- 0.76	Inventory