300146 Stock | | | 12.38 0.12 0.96% |
By Health financial indicator trend analysis is way more than just evaluating By health prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether By health is a good investment. Please check the relationship between By Health Property Plant Equipment and its Cash accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in By health. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in nation.
Property Plant Equipment vs Cash
Property Plant Equipment vs Cash Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
By health Property Plant Equipment account and
Cash. At this time, the significance of the direction appears to have strong relationship.
The correlation between By Health's Property Plant Equipment and Cash is 0.78. Overlapping area represents the amount of variation of Property Plant Equipment that can explain the historical movement of Cash in the same time period over historical financial statements of By health, assuming nothing else is changed. The correlation between historical values of By Health's Property Plant Equipment and Cash is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant Equipment of By health are associated (or correlated) with its Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash has no effect on the direction of Property Plant Equipment i.e., By Health's Property Plant Equipment and Cash go up and down completely randomly.
Correlation Coefficient | 0.78 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Property Plant Equipment
Cash
Cash refers to the most liquid asset of By health, which is listed under current asset account on By health balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from By Health customers. The amounts must be unrestricted with restricted cash listed in a different By Health account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.
Most indicators from By Health's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into By health 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 By health. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in nation.
The current year's
Selling General Administrative is expected to grow to about 3.5
B, whereas
Tax Provision is forecasted to decline to about 250.5
M.
By Health fundamental ratios Correlations
Click cells to compare fundamentals
By Health Account Relationship Matchups
High Positive Relationship
High Negative Relationship
By Health fundamental ratios Accounts
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Other Information on Investing in 300146 Stock
Balance Sheet is a snapshot of the
financial position of By health at a specified time, usually calculated after every quarter, six months, or one year. By Health Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of By Health and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which 300146 currently owns. An asset can also be divided into two categories, current and non-current.