Goodwill Short Term Debt vs Common Stock 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 Short Term Debt and its Common Stock 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.

Short Term Debt vs Common Stock

Short Term Debt vs Common Stock Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Goodwill E Health Short Term Debt account and Common Stock. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Goodwill E's Short Term Debt and Common Stock is 0.84. Overlapping area represents the amount of variation of Short Term Debt that can explain the historical movement of Common Stock 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 Short Term Debt and Common Stock 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 Goodwill E Health are associated (or correlated) with its Common Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock has no effect on the direction of Short Term Debt i.e., Goodwill E's Short Term Debt and Common Stock go up and down completely randomly.

Correlation Coefficient

0.84
Relationship DirectionPositive 
Relationship StrengthStrong

Short Term Debt

Common Stock

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
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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

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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.