HCA Total Assets 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 Total Assets 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.

Total Assets vs Total Stockholder Equity

Total Assets 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 Total Assets account and Total Stockholder Equity. At this time, the significance of the direction appears to have very week relationship.
The correlation between HCA Healthcare's Total Assets and Total Stockholder Equity is 0.24. Overlapping area represents the amount of variation of Total Assets 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 Total Assets 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 Total Assets 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 Total Assets i.e., HCA Healthcare's Total Assets and Total Stockholder Equity go up and down completely randomly.

Correlation Coefficient

0.24
Relationship DirectionPositive 
Relationship StrengthVery Weak

Total Assets

Total assets refers to the total amount of HCA Healthcare assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in HCA Healthcare books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

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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