Adapthealth Total Revenue vs Net Income Analysis

AHCO Stock

USD 9.29 0.42 4.33%

Adapthealth Corp financial indicator trend analysis is way more than just evaluating Adapthealth Corp prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Adapthealth Corp is a good investment. Please check the relationship between Adapthealth Corp Total Revenue and its Net Income accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Adapthealth Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.

To learn how to invest in Adapthealth Stock, please use our How to Invest in Adapthealth Corp guide.

Total Revenue vs Net Income

Total Revenue vs Net Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Adapthealth Corp Total Revenue account and Net Income. At this time, the significance of the direction appears to have strong contrarian relationship.

The correlation between Adapthealth Corp's Total Revenue and Net Income is -0.61. Overlapping area represents the amount of variation of Total Revenue that can explain the historical movement of Net Income in the same time period over historical financial statements of Adapthealth Corp, assuming nothing else is changed. The correlation between historical values of Adapthealth Corp's Total Revenue and Net Income 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 Revenue of Adapthealth Corp are associated (or correlated) with its Net Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income has no effect on the direction of Total Revenue i.e., Adapthealth Corp's Total Revenue and Net Income go up and down completely randomly.

Correlation Coefficient

-0.61

Relationship Direction	Negative
Relationship Strength	Weak

View All Relationships

Total Revenue

Total revenue comprises all receipts Adapthealth Corp generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in Adapthealth Corp financial statement analysis. It represents the amount of money remaining after all of Adapthealth Corp operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.

Most indicators from Adapthealth Corp's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Adapthealth Corp 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 Adapthealth Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.

To learn how to invest in Adapthealth Stock, please use our How to Invest in Adapthealth Corp guide.As of the 12th of December 2024, Selling General Administrative is likely to grow to about 199.6 M, while Discontinued Operations is likely to drop (249.5 K).

	2021	2022	2023	2024 (projected)
Gross Profit	445.6M	417.4M	479.6M	503.5M
Total Revenue	2.5B	3.0B	3.2B	3.4B

Gross Profit Total Revenue

Adapthealth Corp fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Net Tangible Assets	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Long Term Debt	Cash And Short Term Investments	Net Receivables	Good Will	Common Stock Total Equity	Common Stock Shares Outstanding	Capital Surpluse	Inventory	Other Stockholder Equity	Total Liab	Net Invested Capital	Short Long Term Debt
Total Assets		0.99	0.8	0.95	0.99	0.94	-0.98	1.0	-0.46	0.96	0.83	1.0	-0.01	0.93	1.0	0.83	0.99	1.0	-0.15	0.99	0.93	1.0	0.99	1.0	0.85	0.79
Short Long Term Debt Total	0.99		0.81	0.94	0.97	0.95	-0.99	0.99	-0.54	0.95	0.82	0.99	0.06	0.94	1.0	0.82	0.99	0.98	-0.08	0.98	0.95	0.99	0.99	0.99	0.89	0.84
Other Current Liab	0.8	0.81		0.95	0.71	0.86	-0.83	0.8	-0.58	0.93	0.86	0.79	-0.05	0.89	0.81	0.86	0.85	0.77	-0.19	0.76	0.77	0.84	0.79	0.85	0.8	0.71
Total Current Liabilities	0.95	0.94	0.95		0.89	0.94	-0.95	0.94	-0.55	0.99	0.91	0.94	-0.05	0.95	0.95	0.91	0.96	0.92	-0.19	0.91	0.89	0.96	0.93	0.97	0.87	0.78
Total Stockholder Equity	0.99	0.97	0.71	0.89		0.9	-0.95	0.98	-0.38	0.91	0.78	0.99	0.04	0.88	0.97	0.78	0.96	0.99	-0.08	0.98	0.91	0.97	0.98	0.97	0.8	0.76
Other Liab	0.94	0.95	0.86	0.94	0.9		-0.98	0.94	-0.69	0.94	0.84	0.93	-0.02	1.0	0.94	0.84	0.95	0.93	-0.18	0.93	0.98	0.95	0.94	0.95	0.97	0.91
Net Tangible Assets	-0.98	-0.99	-0.83	-0.95	-0.95	-0.98		-0.97	0.57	-0.96	-0.85	-0.98	0.0	-0.98	-0.98	-0.85	-0.97	-0.97	0.15	-0.96	-0.97	-0.98	-0.97	-0.98	-0.92	-0.86
Net Debt	1.0	0.99	0.8	0.94	0.98	0.94	-0.97		-0.51	0.95	0.81	1.0	-0.04	0.93	1.0	0.81	0.99	0.99	-0.18	0.99	0.94	0.99	1.0	1.0	0.87	0.81
Retained Earnings	-0.46	-0.54	-0.58	-0.55	-0.38	-0.69	0.57	-0.51		-0.48	-0.41	-0.45	-0.01	-0.69	-0.51	-0.41	-0.54	-0.42	0.12	-0.5	-0.71	-0.49	-0.51	-0.51	-0.84	-0.86
Accounts Payable	0.96	0.95	0.93	0.99	0.91	0.94	-0.96	0.95	-0.48		0.92	0.95	-0.05	0.95	0.95	0.92	0.96	0.94	-0.19	0.92	0.88	0.97	0.94	0.97	0.85	0.75
Cash	0.83	0.82	0.86	0.91	0.78	0.84	-0.85	0.81	-0.41	0.92		0.82	-0.05	0.85	0.83	1.0	0.83	0.82	-0.17	0.78	0.76	0.84	0.8	0.86	0.73	0.58
Non Current Assets Total	1.0	0.99	0.79	0.94	0.99	0.93	-0.98	1.0	-0.45	0.95	0.82		-0.01	0.92	0.99	0.82	0.99	1.0	-0.14	0.99	0.93	0.99	0.99	0.99	0.85	0.79
Non Currrent Assets Other	-0.01	0.06	-0.05	-0.05	0.04	-0.02	0.0	-0.04	-0.01	-0.05	-0.05	-0.01		-0.01	-0.03	-0.05	0.01	-0.01	0.98	-0.03	-0.01	-0.03	-0.04	-0.04	0.03	0.1
Other Assets	0.93	0.94	0.89	0.95	0.88	1.0	-0.98	0.93	-0.69	0.95	0.85	0.92	-0.01		0.93	0.85	0.94	0.91	-0.17	0.91	0.97	0.94	0.92	0.95	0.96	0.9
Long Term Debt	1.0	1.0	0.81	0.95	0.97	0.94	-0.98	1.0	-0.51	0.95	0.83	0.99	-0.03	0.93		0.83	0.99	0.99	-0.16	0.99	0.94	1.0	1.0	1.0	0.87	0.81
Cash And Short Term Investments	0.83	0.82	0.86	0.91	0.78	0.84	-0.85	0.81	-0.41	0.92	1.0	0.82	-0.05	0.85	0.83		0.83	0.82	-0.17	0.78	0.76	0.84	0.8	0.86	0.73	0.58
Net Receivables	0.99	0.99	0.85	0.96	0.96	0.95	-0.97	0.99	-0.54	0.96	0.83	0.99	0.01	0.94	0.99	0.83		0.98	-0.13	0.99	0.94	0.99	0.99	1.0	0.89	0.83
Good Will	1.0	0.98	0.77	0.92	0.99	0.93	-0.97	0.99	-0.42	0.94	0.82	1.0	-0.01	0.91	0.99	0.82	0.98		-0.14	0.99	0.92	0.99	0.99	0.99	0.83	0.78
Common Stock Total Equity	-0.15	-0.08	-0.19	-0.19	-0.08	-0.18	0.15	-0.18	0.12	-0.19	-0.17	-0.14	0.98	-0.17	-0.16	-0.17	-0.13	-0.14		-0.16	-0.17	-0.17	-0.17	-0.18	-0.13	-0.07
Common Stock Shares Outstanding	0.99	0.98	0.76	0.91	0.98	0.93	-0.96	0.99	-0.5	0.92	0.78	0.99	-0.03	0.91	0.99	0.78	0.99	0.99	-0.16		0.94	0.98	1.0	0.98	0.86	0.82
Capital Surpluse	0.93	0.95	0.77	0.89	0.91	0.98	-0.97	0.94	-0.71	0.88	0.76	0.93	-0.01	0.97	0.94	0.76	0.94	0.92	-0.17	0.94		0.93	0.94	0.93	0.97	0.95
Inventory	1.0	0.99	0.84	0.96	0.97	0.95	-0.98	0.99	-0.49	0.97	0.84	0.99	-0.03	0.94	1.0	0.84	0.99	0.99	-0.17	0.98	0.93		0.99	1.0	0.87	0.8
Other Stockholder Equity	0.99	0.99	0.79	0.93	0.98	0.94	-0.97	1.0	-0.51	0.94	0.8	0.99	-0.04	0.92	1.0	0.8	0.99	0.99	-0.17	1.0	0.94	0.99		0.99	0.87	0.81
Total Liab	1.0	0.99	0.85	0.97	0.97	0.95	-0.98	1.0	-0.51	0.97	0.86	0.99	-0.04	0.95	1.0	0.86	1.0	0.99	-0.18	0.98	0.93	1.0	0.99		0.87	0.8
Net Invested Capital	0.85	0.89	0.8	0.87	0.8	0.97	-0.92	0.87	-0.84	0.85	0.73	0.85	0.03	0.96	0.87	0.73	0.89	0.83	-0.13	0.86	0.97	0.87	0.87	0.87		0.98
Short Long Term Debt	0.79	0.84	0.71	0.78	0.76	0.91	-0.86	0.81	-0.86	0.75	0.58	0.79	0.1	0.9	0.81	0.58	0.83	0.78	-0.07	0.82	0.95	0.8	0.81	0.8	0.98

Click cells to compare fundamentals

Adapthealth Corp Account Relationship Matchups

Adapthealth Corp fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	227.8M	1.8B	5.3B	5.2B	4.5B	2.7B
Other Current Liab	23.3M	174.0M	102.4M	98.3M	156.8M	87.3M
Total Current Liabilities	52.8M	434.8M	499.8M	456.2M	537.0M	311.4M
Total Stockholder Equity	(73.3M)	394.8M	2.1B	2.2B	1.5B	982.1M
Other Liab	29.3M	209.0M	380.3M	344.0M	395.6M	415.4M
Net Tangible Assets	(290.2M)	(696.5M)	(1.6B)	(1.6B)	(1.4B)	(1.3B)
Net Debt	151.6M	707.0M	2.2B	2.3B	2.2B	1.2B
Retained Earnings	(74.8M)	(91.1M)	(43.0M)	26.3M	(652.6M)	(620.0M)
Accounts Payable	26.5M	191.0M	248.0M	222.5M	211.5M	141.4M
Cash	9.8M	100.0M	149.6M	46.3M	77.1M	60.3M
Non Current Assets Total	169.7M	1.5B	4.6B	4.6B	3.9B	2.3B
Non Currrent Assets Other	2.4M	16.5M	15.1M	18.7M	20.1M	37.3M
Other Assets	34.8M	224.9M	319.3M	300.5M	345.5M	362.8M
Long Term Debt	395.1M	776.6M	2.2B	2.2B	2.1B	1.2B
Cash And Short Term Investments	9.8M	100.0M	149.6M	46.3M	77.1M	60.3M
Net Receivables	27.0M	171.1M	359.9M	359.1M	388.9M	217.5M
Good Will	110.4M	1.0B	3.5B	3.5B	2.7B	1.7B
Common Stock Total Equity	240.6M	7.2K	9K	13K	11.7K	11.1K
Common Stock Shares Outstanding	22.6M	52.5M	133.0M	139.0M	134.4M	85.5M
Liabilities And Stockholders Equity	198.0M	1.8B	5.3B	5.2B	4.5B	2.7B
Non Current Liabilities Total	159.9M	996.7M	2.7B	2.6B	2.5B	1.4B
Capital Surpluse	2.9M	11.3M	558.5M	2.1B	2.4B	2.5B
Inventory	18.2M	58.8M	123.1M	127.8M	113.6M	71.4M
Other Stockholder Equity	73.3M	558.5M	2.1B	2.1B	2.1B	1.1B
Total Liab	212.7M	1.4B	3.2B	3.1B	3.0B	1.7B
Net Invested Capital	382.3M	1.2B	2.2B	2.2B	3.6B	3.8B
Short Long Term Debt	1.7M	8.1M	20M	35M	53.4M	56.0M
Total Current Assets	58.1M	372.8M	670.1M	585.3M	649.0M	367.2M
Net Working Capital	30.5M	(58.8M)	170.2M	129.1M	112.0M	60.2M
Short Term Debt	1.7M	52.7M	113.7M	99.4M	130.2M	136.7M
Common Stock	240.6M	7.2K	9K	13K	11.7K	11.1K
Property Plant Equipment	63.6M	110.5M	546.3M	622.0M	715.3M	751.1M
Other Current Assets	3.2M	33.4M	74.9M	52.1M	69.3M	42.7M

Pair Trading with Adapthealth Corp

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Adapthealth Corp position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Adapthealth Corp will appreciate offsetting losses from the drop in the long position's value.

Moving against Adapthealth Stock

0.69	MD	Mednax Inc	Pair Corr
0.68	VREX	Varex Imaging Corp	Pair Corr
0.66	OM	Outset Medical	Pair Corr
0.64	ECOR	Electrocore LLC	Pair Corr
0.61	DOCS	Doximity	Pair Corr

The ability to find closely correlated positions to Adapthealth Corp could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Adapthealth Corp when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Adapthealth Corp - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Adapthealth Corp to buy it.

The correlation of Adapthealth Corp is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Adapthealth Corp moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Adapthealth Corp moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for Adapthealth Corp can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

When determining whether Adapthealth Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Adapthealth Corp's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Adapthealth Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Adapthealth Corp Stock:

How To Invest In Adapthealth

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Is Adapthealth Stock a good investment?

Details

What is Adapthealth Corp's Net Worth?

Details

Largest Health Care Providers & Services Companies

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Largest Health Care Equipment & Services Companies

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Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Adapthealth Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.

To learn how to invest in Adapthealth Stock, please use our How to Invest in Adapthealth Corp guide.

You can also try the Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.

Is Health Care Providers & Services space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Adapthealth Corp. If investors know Adapthealth will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Adapthealth Corp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Quarterly Earnings Growth

0.444

Earnings Share

(1.67)

Revenue Per Share

24.465

Quarterly Revenue Growth

0.002

Return On Assets

0.0411

The market value of Adapthealth Corp is measured differently than its book value, which is the value of Adapthealth that is recorded on the company's balance sheet. Investors also form their own opinion of Adapthealth Corp's value that differs from its market value or its book value, called intrinsic value, which is Adapthealth Corp's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Adapthealth Corp's market value can be influenced by many factors that don't directly affect Adapthealth Corp's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.

Please note, there is a significant difference between Adapthealth Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Adapthealth Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Adapthealth Corp's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

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Adapthealth Total Revenue vs Net Income Analysis

Total Revenue vs Net Income

Total Revenue vs Net Income Correlation Analysis

Correlation Coefficient

Total Revenue

Net Income

Adapthealth Corp fundamental ratios Correlations

Adapthealth Corp Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Adapthealth Corp fundamental ratios Accounts

Pair Trading with Adapthealth Corp

Moving against Adapthealth Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Net Debt	+ 1.0	Total Assets
Non Current Assets Total	+ 1.0	Total Assets
Long Term Debt	+ 1.0	Total Assets
Good Will	+ 1.0	Total Assets
Inventory	+ 1.0	Total Assets
Total Liab	+ 1.0	Total Assets

Net Tangible Assets	- 0.99	Short Long Term Debt Total
Total Liab	- 0.98	Net Tangible Assets
Inventory	- 0.98	Net Tangible Assets
Long Term Debt	- 0.98	Net Tangible Assets
Other Assets	- 0.98	Net Tangible Assets
Non Current Assets Total	- 0.98	Net Tangible Assets