HCA Accounts Payable vs Total Stockholder Equity Analysis

0J1R Stock   327.06  3.07  0.93%   
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 Total Stockholder Equity 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 Total Stockholder Equity

Accounts Payable vs Total Stockholder Equity 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 Total Stockholder Equity. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between HCA Healthcare's Accounts Payable and Total Stockholder Equity is 0.44. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Total Stockholder Equity 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 Total Stockholder Equity 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 Total Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Stockholder Equity has no effect on the direction of Accounts Payable i.e., HCA Healthcare's Accounts Payable and Total Stockholder Equity go up and down completely randomly.

Correlation Coefficient

0.44
Relationship DirectionPositive 
Relationship StrengthWeak

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.

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.
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 Profit49.3B50.9B55.1B57.8B
Total Revenue58.8B60.2B65.0B68.2B

HCA Healthcare fundamental ratios Correlations

0.940.820.750.240.840.930.280.830.741.00.110.70.810.240.940.880.90.130.960.840.22-0.22-0.720.990.64
0.940.720.63-0.110.71.0-0.060.690.610.930.310.530.730.511.00.80.890.111.00.750.16-0.05-0.470.920.38
0.820.720.980.320.990.720.360.960.560.83-0.110.720.990.220.730.960.810.390.760.990.61-0.21-0.80.830.8
0.750.630.980.350.970.630.380.950.50.75-0.220.690.970.150.630.90.780.520.670.970.73-0.14-0.790.750.82
0.24-0.110.320.350.42-0.140.990.440.390.26-0.550.470.27-0.76-0.10.290.070.05-0.030.290.15-0.52-0.720.270.74
0.840.70.990.970.420.690.460.980.60.84-0.150.750.980.120.710.970.790.360.740.980.55-0.26-0.840.840.86
0.931.00.720.63-0.140.69-0.080.670.580.920.310.50.720.510.990.790.880.110.990.740.17-0.04-0.460.910.37
0.28-0.060.360.380.990.46-0.080.490.40.3-0.490.480.32-0.75-0.050.350.10.00.020.340.12-0.59-0.740.320.75
0.830.690.960.950.440.980.670.490.650.84-0.140.790.960.080.690.950.810.380.730.980.51-0.29-0.810.840.85
0.740.610.560.50.390.60.580.40.650.740.190.940.510.120.640.660.66-0.060.660.610.01-0.15-0.520.730.55
1.00.930.830.750.260.840.920.30.840.740.10.70.810.220.930.890.90.140.960.840.22-0.22-0.731.00.66
0.110.31-0.11-0.22-0.55-0.150.31-0.49-0.140.190.10.06-0.090.560.330.070.04-0.550.27-0.05-0.450.170.380.1-0.46
0.70.530.720.690.470.750.50.480.790.940.70.060.670.10.560.770.660.110.590.760.25-0.18-0.610.690.71
0.810.730.990.970.270.980.720.320.960.510.81-0.090.670.220.730.960.810.390.760.990.59-0.26-0.740.810.77
0.240.510.220.15-0.760.120.51-0.750.080.120.220.560.10.220.520.260.390.030.460.240.090.470.280.19-0.26
0.941.00.730.63-0.10.710.99-0.050.690.640.930.330.560.730.520.810.890.070.990.760.12-0.07-0.470.920.39
0.880.80.960.90.290.970.790.350.950.660.890.070.770.960.260.810.80.210.830.970.39-0.29-0.760.890.74
0.90.890.810.780.070.790.880.10.810.660.90.040.660.810.390.890.80.340.910.840.40.0-0.580.90.58
0.130.110.390.520.050.360.110.00.38-0.060.14-0.550.110.390.030.070.210.340.120.360.770.33-0.260.120.4
0.961.00.760.67-0.030.740.990.020.730.660.960.270.590.760.460.990.830.910.120.780.18-0.08-0.540.950.45
0.840.750.990.970.290.980.740.340.980.610.84-0.050.760.990.240.760.970.840.360.780.55-0.23-0.750.840.78
0.220.160.610.730.150.550.170.120.510.010.22-0.450.250.590.090.120.390.40.770.180.550.26-0.450.210.52
-0.22-0.05-0.21-0.14-0.52-0.26-0.04-0.59-0.29-0.15-0.220.17-0.18-0.260.47-0.07-0.290.00.33-0.08-0.230.260.35-0.24-0.31
-0.72-0.47-0.8-0.79-0.72-0.84-0.46-0.74-0.81-0.52-0.730.38-0.61-0.740.28-0.47-0.76-0.58-0.26-0.54-0.75-0.450.35-0.74-0.88
0.990.920.830.750.270.840.910.320.840.731.00.10.690.810.190.920.890.90.120.950.840.21-0.24-0.740.65
0.640.380.80.820.740.860.370.750.850.550.66-0.460.710.77-0.260.390.740.580.40.450.780.52-0.31-0.880.65
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HCA Healthcare Account Relationship Matchups

HCA Healthcare fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets45.1B47.5B50.7B52.4B56.2B28.2B
Short Long Term Debt Total35.2B32.7B36.3B39.8B41.9B21.4B
Other Current Liab4.0B4.2B4.5B4.6B5.3B5.5B
Total Current Liabilities7.8B8.7B9.6B9.9B12.7B13.3B
Total Stockholder Equity(2.8B)572M(933M)(2.8B)(1.8B)(1.9B)
Property Plant And Equipment Net24.5B25.2B26.2B27.6B29.9B31.4B
Net Debt34.6B30.9B34.9B38.9B40.9B20.9B
Retained Earnings(2.4B)777M(532M)(2.3B)(1.4B)(1.4B)
Accounts Payable2.9B3.5B4.1B4.2B4.2B4.4B
Cash621M1.8B1.5B908M935M485.2M
Non Current Assets Total33.9B35.2B37.2B38.8B41.3B21.0B
Non Currrent Assets Other480M546M598M298M150M142.5M
Cash And Short Term Investments621M1.8B1.5B908M1.0B1.1B
Net Receivables7.4B7.1B8.1B8.9B10.0B10.5B
Common Stock Shares Outstanding348.2M343.6M328.8M294.7M276.4M342.7M
Liabilities And Stockholders Equity45.1B47.5B50.7B52.4B56.2B28.2B
Non Current Liabilities Total37.9B35.9B39.7B42.6B42.5B23.3B
Inventory1.8B2.0B2.0B2.1B2.0B2.1B
Other Current Assets1.2B1.3B1.9B1.8B1.9B1.2B
Other Stockholder Equity(460M)294M(404M)2.8B2.5B2.6B
Total Liab45.6B44.6B49.3B52.5B55.2B28.5B
Total Current Assets11.2B12.3B13.5B13.6B14.9B15.7B
Short Term Debt495M588M637M734M2.8B2.9B
Intangible Assets342M330M369M403M339M556.1M
Accumulated Other Comprehensive Income(460M)(502M)(404M)(490M)(425M)(446.3M)
Good Will7.9B8.2B9.1B9.3B9.6B5.8B
Other Assets480M546M598M298M268.2M254.8M
Short Term Investments147M116M103M381M87M111.4M
Other Liab2.8B3.4B3.6B3.1B3.6B3.3B
Net Tangible Assets(11.1B)(8.0B)(10.5B)(12.4B)(14.3B)(15.0B)
Long Term Debt32.0B33.1B30.3B34.3B39.5B35.8B
Property Plant Equipment24.5B25.2B26.2B27.6B31.8B25.9B

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