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

Short Term Debt vs Intangible Assets

Short Term Debt vs Intangible Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of HCA Healthcare Short Term Debt account and Intangible Assets. At this time, the significance of the direction appears to have very week relationship.
The correlation between HCA Healthcare's Short Term Debt and Intangible Assets is 0.26. Overlapping area represents the amount of variation of Short Term Debt that can explain the historical movement of Intangible Assets 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 Short Term Debt and Intangible Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Term Debt of HCA Healthcare are associated (or correlated) with its Intangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Intangible Assets has no effect on the direction of Short Term Debt i.e., HCA Healthcare's Short Term Debt and Intangible Assets go up and down completely randomly.

Correlation Coefficient

0.26
Relationship DirectionPositive 
Relationship StrengthVery Weak

Short Term Debt

Intangible Assets

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

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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