Goodwill Net Receivables vs Property Plant And Equipment Net Analysis

688246 Stock   24.80  1.20  4.62%   
Goodwill E financial indicator trend analysis is much more than just examining Goodwill E Health latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Goodwill E Health is a good investment. Please check the relationship between Goodwill E Net Receivables and its Property Plant And Equipment Net accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Goodwill E 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.

Net Receivables vs Property Plant And Equipment Net

Net Receivables vs Property Plant And Equipment Net Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Goodwill E Health Net Receivables account and Property Plant And Equipment Net. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Goodwill E's Net Receivables and Property Plant And Equipment Net is 0.95. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Property Plant And Equipment Net in the same time period over historical financial statements of Goodwill E Health, assuming nothing else is changed. The correlation between historical values of Goodwill E's Net Receivables and Property Plant And Equipment Net is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Receivables of Goodwill E Health are associated (or correlated) with its Property Plant And Equipment Net. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant And Equipment Net has no effect on the direction of Net Receivables i.e., Goodwill E's Net Receivables and Property Plant And Equipment Net go up and down completely randomly.

Correlation Coefficient

0.95
Relationship DirectionPositive 
Relationship StrengthVery Strong

Net Receivables

Property Plant And Equipment Net

The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.
Most indicators from Goodwill E's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Goodwill E 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 Goodwill E 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 144 M, whereas Tax Provision is projected to grow to (12.9 M).
 2021 2022 2023 2024 (projected)
Interest Expense6.1M1.7M2.7M2.9M
Depreciation And Amortization12.9M21.8M25.0M26.3M

Goodwill E fundamental ratios Correlations

0.150.950.990.96-0.90.530.960.880.810.950.940.840.840.97-0.820.930.951.00.660.970.930.910.850.990.93
0.150.230.10.02-0.12-0.640.030.26-0.290.330.140.080.420.15-0.39-0.080.240.18-0.48-0.020.20.21-0.190.050.0
0.950.230.910.89-0.780.380.940.760.820.890.840.890.890.98-0.930.91.00.950.690.930.890.880.820.920.93
0.990.10.910.97-0.920.580.950.90.790.950.960.810.790.95-0.750.930.910.990.650.970.90.890.850.990.91
0.960.020.890.97-0.830.650.980.780.840.920.870.90.760.94-0.70.910.890.940.710.970.790.760.950.960.83
-0.9-0.12-0.78-0.92-0.83-0.53-0.77-0.98-0.69-0.88-0.97-0.61-0.64-0.790.66-0.88-0.78-0.92-0.54-0.86-0.86-0.86-0.65-0.93-0.83
0.53-0.640.380.580.65-0.530.60.40.740.450.490.520.240.48-0.20.670.380.50.770.620.350.330.750.60.49
0.960.030.940.950.98-0.770.60.730.860.90.840.920.840.98-0.790.910.940.950.740.970.840.820.940.950.89
0.880.260.760.90.78-0.980.40.730.580.890.960.540.660.76-0.650.810.760.910.40.810.880.880.560.890.8
0.81-0.290.820.790.84-0.690.740.860.580.710.670.870.660.84-0.720.940.820.790.970.860.690.670.90.850.83
0.950.330.890.950.92-0.880.450.90.890.710.880.830.890.92-0.810.880.90.960.530.880.860.850.780.940.82
0.940.140.840.960.87-0.970.490.840.960.670.880.640.670.85-0.680.860.830.950.520.920.90.890.690.940.88
0.840.080.890.810.9-0.610.520.920.540.870.830.640.820.91-0.80.840.890.820.770.850.640.620.930.830.73
0.840.420.890.790.76-0.640.240.840.660.660.890.670.820.9-0.920.760.90.850.50.740.830.820.70.80.79
0.970.150.980.950.94-0.790.480.980.760.840.920.850.910.9-0.870.910.980.960.710.950.890.880.880.950.93
-0.82-0.39-0.93-0.75-0.70.66-0.2-0.79-0.65-0.72-0.81-0.68-0.8-0.92-0.87-0.79-0.94-0.82-0.59-0.75-0.82-0.82-0.64-0.78-0.83
0.93-0.080.90.930.91-0.880.670.910.810.940.880.860.840.760.91-0.790.890.930.840.930.860.850.860.970.91
0.950.241.00.910.89-0.780.380.940.760.820.90.830.890.90.98-0.940.890.950.690.920.890.880.820.920.92
1.00.180.950.990.94-0.920.50.950.910.790.960.950.820.850.96-0.820.930.950.630.960.940.920.820.990.93
0.66-0.480.690.650.71-0.540.770.740.40.970.530.520.770.50.71-0.590.840.690.630.750.550.530.840.720.73
0.97-0.020.930.970.97-0.860.620.970.810.860.880.920.850.740.95-0.750.930.920.960.750.860.840.90.970.92
0.930.20.890.90.79-0.860.350.840.880.690.860.90.640.830.89-0.820.860.890.940.550.861.00.640.920.96
0.910.210.880.890.76-0.860.330.820.880.670.850.890.620.820.88-0.820.850.880.920.530.841.00.610.90.96
0.85-0.190.820.850.95-0.650.750.940.560.90.780.690.930.70.88-0.640.860.820.820.840.90.640.610.860.75
0.990.050.920.990.96-0.930.60.950.890.850.940.940.830.80.95-0.780.970.920.990.720.970.920.90.860.93
0.930.00.930.910.83-0.830.490.890.80.830.820.880.730.790.93-0.830.910.920.930.730.920.960.960.750.93
Click cells to compare fundamentals

Goodwill E Account Relationship Matchups

Goodwill E fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets757.9M996.6M2.4B2.5B2.6B1.6B
Other Current Liab366.8M235.9M286.4M288.6M251.3K238.7K
Total Current Liabilities446.3M449.9M629.4M649.2M783.6M529.8M
Total Stockholder Equity292.6M444.9M1.7B1.8B1.8B1.0B
Property Plant And Equipment Net8.9M7.3M20.8M30.9M31.8M18.3M
Net Debt(177.4M)(97.3M)(1.1B)(745.6M)(671.0M)(637.5M)
Retained Earnings(261.1M)(239.8M)(190.2M)(124.0M)(84.4M)(88.6M)
Accounts Payable79.5M120.6M174.6M263.0M295.4M166.9M
Cash177.5M190.7M1.3B851.8M612.5M538.4M
Non Current Assets Total78.7M86.6M175.9M266.4M433.4M455.1M
Non Currrent Assets Other25.1M24.9M72.1M96.8M58.1M46.3M
Cash And Short Term Investments177.5M190.7M1.3B851.8M979.5M515.9M
Common Stock Shares Outstanding114.0M101.3M103.4M138.8M138.5M124.1M
Liabilities And Stockholders Equity757.9M996.6M2.4B2.5B2.9B3.1B
Non Current Liabilities Total15.9M25.5M20.8M34.2M21.3M20.2M
Inventory174.3M271.0M400.8M529.0M591.3M334.3M
Other Current Assets22.5M23.2M15.0M13.3M15.2M14.4M
Other Stockholder Equity450.2M581.3M1.8B1.8B2.1B2.2B
Total Liab462.3M475.3M650.3M683.4M804.9M550.0M
Total Current Assets679.2M910.0M2.3B2.3B2.2B1.4B
Intangible Assets6.6M11.9M18.1M40.0M120.1M126.1M
Short Long Term Debt Total20K93.4M171.5M106.2M122.1M82.3M
Short Term Debt20K93.4M168.4M97.5M112.2M79.8M

Currently Active Assets on Macroaxis

Other Information on Investing in Goodwill Stock

Balance Sheet is a snapshot of the financial position of Goodwill E Health at a specified time, usually calculated after every quarter, six months, or one year. Goodwill E Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Goodwill E 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 Goodwill currently owns. An asset can also be divided into two categories, current and non-current.