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 Depreciation and its Dividends Paid 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.
Depreciation vs Dividends Paid
Depreciation vs Dividends Paid Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
HCA Healthcare Depreciation account and
Dividends Paid. At this time, the significance of the direction appears to have no relationship.
The correlation between HCA Healthcare's Depreciation and Dividends Paid is 0.09. Overlapping area represents the amount of variation of Depreciation that can explain the historical movement of Dividends Paid 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 Depreciation and Dividends Paid is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Depreciation of HCA Healthcare are associated (or correlated) with its Dividends Paid. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Dividends Paid has no effect on the direction of Depreciation i.e., HCA Healthcare's Depreciation and Dividends Paid go up and down completely randomly.
Correlation Coefficient | 0.09 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
Depreciation
Depreciation indicates how much of HCA Healthcare value has been used up. For tax purposes HCA Healthcare can deduct the cost of the tangible assets it purchases as business expenses. However, HCA Healthcare 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.
Dividends Paid
The total amount of dividends that a company has paid out to its shareholders over a specific period.
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
HCA Healthcare fundamental ratios Correlations
Click cells to compare fundamentals
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
When running HCA Healthcare's price analysis, check to
measure HCA Healthcare'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 HCA Healthcare is operating at the current time. Most of HCA Healthcare's value examination focuses on studying past and present price action to
predict the probability of HCA Healthcare's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move HCA Healthcare's price. Additionally, you may evaluate how the addition of HCA Healthcare to your portfolios can decrease your overall portfolio volatility.