Amedisys Other Operating Expenses vs Non Operating Income Net Other Analysis
AMED Stock | USD 91.23 0.21 0.23% |
Amedisys financial indicator trend analysis is way more than just evaluating Amedisys prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Amedisys is a good investment. Please check the relationship between Amedisys Other Operating Expenses and its Non Operating Income Net Other accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Amedisys. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income. For information on how to trade Amedisys Stock refer to our How to Trade Amedisys Stock guide.
Other Operating Expenses vs Non Operating Income Net Other
Other Operating Expenses vs Non Operating Income Net Other Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Amedisys Other Operating Expenses account and Non Operating Income Net Other. At this time, the significance of the direction appears to have no relationship.
The correlation between Amedisys' Other Operating Expenses and Non Operating Income Net Other is 0.03. Overlapping area represents the amount of variation of Other Operating Expenses that can explain the historical movement of Non Operating Income Net Other in the same time period over historical financial statements of Amedisys, assuming nothing else is changed. The correlation between historical values of Amedisys' Other Operating Expenses and Non Operating Income Net Other is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Operating Expenses of Amedisys are associated (or correlated) with its Non Operating Income Net Other. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Operating Income Net Other has no effect on the direction of Other Operating Expenses i.e., Amedisys' Other Operating Expenses and Non Operating Income Net Other go up and down completely randomly.
Correlation Coefficient | 0.03 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Amedisys. It is also known as Amedisys overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.Non Operating Income Net Other
Most indicators from Amedisys' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Amedisys 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 Amedisys. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income. For information on how to trade Amedisys Stock refer to our How to Trade Amedisys Stock guide.At present, Amedisys' Enterprise Value Over EBITDA is projected to decrease significantly based on the last few years of reporting. The current year's Enterprise Value Multiple is expected to grow to 23.95, whereas Tax Provision is forecasted to decline to about 42.3 M.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 980.8M | 962.8M | 990.9M | 1.0B | Total Revenue | 2.2B | 2.2B | 2.2B | 2.3B |
Amedisys fundamental ratios Correlations
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Amedisys Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Amedisys fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 1.3B | 1.6B | 1.9B | 2.0B | 2.1B | 2.2B | |
Short Long Term Debt Total | 326.1M | 307.0M | 545.6M | 537.9M | 487.2M | 511.6M | |
Other Current Liab | (3.1M) | 373.1M | 291.8M | 229.3M | 356.6M | 374.4M | |
Total Current Liabilities | 326.9M | 456.3M | 374.3M | 355.5M | 473.7M | 497.4M | |
Total Stockholder Equity | 640.5M | 809.2M | 931.4M | 1.1B | 1.1B | 1.1B | |
Property Plant And Equipment Net | 112.9M | 117.2M | 119.7M | 118.9M | 130.8M | 76.0M | |
Net Debt | 295.8M | 225.2M | 502.9M | 497.4M | 360.8M | 378.8M | |
Retained Earnings | 246.4M | 430.0M | 639.1M | 757.7M | 747.9M | 785.3M | |
Accounts Payable | 31.3M | 42.7M | 38.2M | 43.7M | 28.2M | 19.0M | |
Cash | 30.3M | 81.8M | 42.7M | 40.5M | 126.5M | 132.8M | |
Non Current Assets Total | 912.2M | 1.2B | 1.5B | 1.6B | 1.6B | 1.6B | |
Non Currrent Assets Other | 18.9M | 19M | 19.9M | (20.4B) | 19.0M | 19.9M | |
Cash And Short Term Investments | 30.3M | 81.8M | 42.7M | 40.5M | 126.5M | 132.8M | |
Net Receivables | 237.6M | 255.1M | 275.0M | 296.8M | 313.4M | 329.0M | |
Common Stock Shares Outstanding | 33.0M | 33.3M | 33.0M | 32.7M | 32.6M | 23.4M | |
Liabilities And Stockholders Equity | 1.3B | 1.6B | 1.9B | 2.0B | 2.1B | 2.2B | |
Non Current Liabilities Total | 294.3M | 300.1M | 506.4M | 514.1M | 466.7M | 490.0M | |
Inventory | 74.4M | 11.8M | 13.4M | 25.2M | 29.0M | 30.5M | |
Other Current Assets | 8.2M | 25.0M | 39.0M | 51.6M | 57.1M | 60.0M | |
Other Stockholder Equity | 394.0M | 379.2M | 292.3M | 293.9M | 318.6M | 264.1M | |
Total Liab | 621.2M | 756.5M | 880.6M | 869.7M | 940.4M | 987.4M | |
Property Plant And Equipment Gross | 28.1M | 117.2M | 216.6M | 220.2M | 368.6M | 350.2M | |
Total Current Assets | 350.6M | 362.0M | 356.7M | 389.0M | 496.9M | 521.8M | |
Short Term Debt | 37.7M | 40.5M | 44.2M | 82.5M | 88.9M | 93.3M | |
Current Deferred Revenue | 261.1M | 60M | 295.2M | 20.4B | 106.9M | 101.5M | |
Other Liab | 5.9M | 33.6M | 5.0M | 25.2M | 29.0M | 30.5M | |
Other Assets | 12K | 174.6M | 73.3M | 39.3M | 45.2M | 47.5M | |
Long Term Debt | 232.3M | 204.5M | 432.1M | 419.4M | 361.9M | 380.0M | |
Treasury Stock | (251.2M) | (319.1M) | (435.9M) | (461.2M) | (415.1M) | (394.3M) | |
Property Plant Equipment | 28.1M | 23.7M | 119.7M | 16.0M | 18.4M | 17.5M | |
Good Will | 658.5M | 932.7M | 1.2B | 1.3B | 1.2B | 1.3B | |
Intangible Assets | 64.7M | 74.2M | 111.2M | 101.2M | 102.7M | 64.1M | |
Net Tangible Assets | (82.8M) | (197.6M) | (375.9M) | (337.0M) | (303.3M) | (288.1M) | |
Noncontrolling Interest In Consolidated Entity | 1.1M | 1.5M | 45.0M | 55M | 63.3M | 66.4M | |
Retained Earnings Total Equity | 246.4M | 430.0M | 639.1M | 757.7M | 871.3M | 914.9M |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Amedisys is a strong investment it is important to analyze Amedisys' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Amedisys' future performance. For an informed investment choice regarding Amedisys Stock, refer to the following important reports:Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Amedisys. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income. For information on how to trade Amedisys Stock refer to our How to Trade Amedisys Stock guide.You can also try the Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.
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 Amedisys. If investors know Amedisys 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 Amedisys 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 (0.35) | Earnings Share 2.52 | Revenue Per Share 71.004 | Quarterly Revenue Growth 0.057 | Return On Assets 0.0627 |
The market value of Amedisys is measured differently than its book value, which is the value of Amedisys that is recorded on the company's balance sheet. Investors also form their own opinion of Amedisys' value that differs from its market value or its book value, called intrinsic value, which is Amedisys' 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 Amedisys' market value can be influenced by many factors that don't directly affect Amedisys' 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 Amedisys' value and its price as these two are different measures arrived at by different means. Investors typically determine if Amedisys is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Amedisys' 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.