BrightSpring Total Assets vs Selling General Administrative Analysis
| BTSG Stock | 21.19 0.30 1.44% |
BrightSpring Health financial indicator trend analysis is way more than just evaluating BrightSpring Health prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether BrightSpring Health is a good investment. Please check the relationship between BrightSpring Health Total Assets and its Selling General Administrative accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in BrightSpring Health Services,. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.
Total Assets vs Selling General Administrative
Total Assets vs Selling General Administrative Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of BrightSpring Health Total Assets account and Selling General Administrative. At this time, the significance of the direction appears to have almost identical trend.
The correlation between BrightSpring Health's Total Assets and Selling General Administrative is 0.92. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Selling General Administrative in the same time period over historical financial statements of BrightSpring Health Services,, assuming nothing else is changed. The correlation between historical values of BrightSpring Health's Total Assets and Selling General Administrative 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 Assets of BrightSpring Health Services, are associated (or correlated) with its Selling General Administrative. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Selling General Administrative has no effect on the direction of Total Assets i.e., BrightSpring Health's Total Assets and Selling General Administrative go up and down completely randomly.
Correlation Coefficient | 0.92 |
| Relationship Direction | Positive |
| Relationship Strength | Very Strong |
Total Assets
Total assets refers to the total amount of BrightSpring Health assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in BrightSpring Health books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.Selling General Administrative
Most indicators from BrightSpring Health's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into BrightSpring 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 BrightSpring Health Services,. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state. The BrightSpring Health's current Tax Provision is estimated to increase to about (17.6 M). The current Selling General Administrative is estimated to decrease to about 1.2 B
| 2022 | 2023 | 2024 | 2025 (projected) | Interest Expense | 233.6M | 324.6M | 373.3M | 202.4M | Depreciation And Amortization | 204.0M | 202.3M | 232.7M | 187.6M |
BrightSpring Health fundamental ratios Correlations
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BrightSpring Health Account Relationship Matchups
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BrightSpring Health fundamental ratios Accounts
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 (projected) | ||
| Total Assets | 4.7B | 5.5B | 5.6B | 5.5B | 6.4B | 5.6B | |
| Short Long Term Debt Total | 3.0B | 3.8B | 3.7B | 3.7B | 4.2B | 3.6B | |
| Other Current Liab | 265.5M | 340.7M | 260.3M | 452.2M | 520.0M | 350.9M | |
| Total Current Liabilities | 742.8M | 892.2M | 932.5M | 1.2B | 1.4B | 976.3M | |
| Total Stockholder Equity | 705.0M | 774.8M | 754.8M | 584.7M | 526.3M | 556.2M | |
| Property Plant And Equipment Net | 450.7M | 524.6M | 475.3M | 513.4M | 590.4M | 527.2M | |
| Current Deferred Revenue | 22.8M | 10.5M | 29.0M | 30.8M | 35.5M | 21.2M | |
| Net Debt | 2.7B | 3.7B | 3.7B | 3.7B | 4.2B | 3.6B | |
| Retained Earnings | (51.8M) | 971K | (45.7M) | (200.3M) | (180.3M) | (171.3M) | |
| Accounts Payable | 355.8M | 408.1M | 526.9M | 641.6M | 737.8M | 480.7M | |
| Cash | 262.0M | 46.7M | 13.6M | 13.1M | 11.8M | 11.2M | |
| Non Current Assets Total | 3.4B | 4.3B | 4.3B | 4.1B | 4.7B | 4.2B | |
| Non Currrent Assets Other | 30.7M | 12.1M | 31.1M | 72.1M | 82.9M | 87.1M | |
| Cash And Short Term Investments | 262.0M | 46.7M | 13.6M | 13.1M | 11.8M | 11.2M | |
| Net Receivables | 700.8M | 805.0M | 868.4M | 1.0B | 1.2B | 881.6M | |
| Good Will | 1.7B | 2.7B | 2.6B | 2.6B | 3.0B | 2.4B | |
| Liabilities And Stockholders Equity | 4.7B | 5.5B | 5.6B | 5.5B | 6.4B | 5.6B | |
| Non Current Liabilities Total | 3.3B | 3.8B | 3.9B | 3.7B | 4.2B | 3.8B | |
| Inventory | 300.1M | 299.2M | 430.5M | 402.8M | 463.2M | 358.8M | |
| Other Current Assets | 27.5M | 29.7M | 31.8M | 30.0M | 34.5M | 33.1M | |
| Other Stockholder Equity | 11.4M | 772.5M | 778.1M | 771.3M | 887.0M | 514.5M | |
| Total Liab | 4.0B | 4.7B | 4.9B | 4.9B | 5.7B | 4.8B | |
| Total Current Assets | 1.3B | 1.2B | 1.3B | 1.5B | 1.7B | 1.4B | |
| Accumulated Other Comprehensive Income | 185K | 217K | 21.2M | 12.5M | 14.4M | 7.5M | |
| Short Term Debt | 91.0M | 125.2M | 107.9M | 114.5M | 131.6M | 116.2M | |
| Intangible Assets | 1.1B | 1.1B | 975.9M | 881.5M | 793.3M | 821.0M |
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When determining whether BrightSpring Health is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if BrightSpring Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Brightspring Health Services, Stock. Highlighted below are key reports to facilitate an investment decision about Brightspring Health Services, Stock:Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in BrightSpring Health Services,. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state. You can also try the Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.
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 BrightSpring Health. If investors know BrightSpring 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 BrightSpring Health 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 2.333 | Earnings Share (0.22) | Revenue Per Share | Quarterly Revenue Growth 0.288 | Return On Assets |
The market value of BrightSpring Health is measured differently than its book value, which is the value of BrightSpring that is recorded on the company's balance sheet. Investors also form their own opinion of BrightSpring Health's value that differs from its market value or its book value, called intrinsic value, which is BrightSpring Health'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 BrightSpring Health's market value can be influenced by many factors that don't directly affect BrightSpring Health'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 BrightSpring Health's value and its price as these two are different measures arrived at by different means. Investors typically determine if BrightSpring Health is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, BrightSpring Health'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.