DaVita Ptb Ratio vs Price To Sales Ratio Analysis
DVA Stock | USD 166.17 0.54 0.33% |
DaVita HealthCare financial indicator trend analysis is much more than just examining DaVita HealthCare latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether DaVita HealthCare is a good investment. Please check the relationship between DaVita HealthCare Ptb Ratio and its Price To Sales Ratio accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in DaVita HealthCare Partners. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real.
Ptb Ratio vs Price To Sales Ratio
Ptb Ratio vs Price To Sales Ratio Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of DaVita HealthCare Ptb Ratio account and Price To Sales Ratio. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between DaVita HealthCare's Ptb Ratio and Price To Sales Ratio is -0.69. Overlapping area represents the amount of variation of Ptb Ratio that can explain the historical movement of Price To Sales Ratio in the same time period over historical financial statements of DaVita HealthCare Partners, assuming nothing else is changed. The correlation between historical values of DaVita HealthCare's Ptb Ratio and Price To Sales Ratio is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Ptb Ratio of DaVita HealthCare Partners are associated (or correlated) with its Price To Sales Ratio. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Price To Sales Ratio has no effect on the direction of Ptb Ratio i.e., DaVita HealthCare's Ptb Ratio and Price To Sales Ratio go up and down completely randomly.
Correlation Coefficient | -0.69 |
Relationship Direction | Negative |
Relationship Strength | Weak |
Ptb Ratio
Price-to-Book ratio, a financial valuation metric used to compare a company's current market price to its book value. It provides insight into the value that market participants place on the company's equity relative to its net asset value.Price To Sales Ratio
Price to Sales Ratio is figured by comparing DaVita HealthCare stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on DaVita HealthCare sales, a figure that is much harder to manipulate than other DaVita HealthCare Partners multiples. Because sales tend to be more stable P/S ratio can be a good tool for screening cyclical companies fluctuating earnings patterns. A valuation ratio that compares a company's stock price to its revenues, calculated by dividing the company's market cap by its total sales or revenue over a 12-month period.Most indicators from DaVita HealthCare's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into DaVita HealthCare 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in DaVita HealthCare Partners. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real. At present, DaVita HealthCare's Discontinued Operations is projected to increase significantly based on the last few years of reporting. The current year's Tax Provision is expected to grow to about 235.8 M, whereas Selling General Administrative is forecasted to decline to about 797.4 M.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 3.6B | 3.4B | 3.8B | 2.1B | Total Revenue | 11.6B | 11.6B | 12.1B | 7.1B |
DaVita HealthCare fundamental ratios Correlations
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DaVita HealthCare Account Relationship Matchups
High Positive Relationship
High Negative Relationship
DaVita HealthCare fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 17.3B | 17.0B | 17.1B | 16.9B | 16.9B | 10.2B | |
Short Long Term Debt Total | 11.2B | 11.2B | 12.0B | 11.8B | 11.1B | 5.7B | |
Other Current Liab | 756.2M | 1.5B | 1.4B | 1.5B | 1.6B | 1.7B | |
Total Current Liabilities | 2.4B | 2.5B | 2.4B | 2.6B | 2.6B | 1.6B | |
Total Stockholder Equity | 2.1B | 1.4B | 755.5M | 712.3M | 1.1B | 1.9B | |
Property Plant And Equipment Net | 6.3B | 6.4B | 6.3B | 5.9B | 5.6B | 5.9B | |
Net Debt | 10.1B | 10.9B | 11.5B | 11.6B | 10.7B | 11.3B | |
Retained Earnings | 1.4B | 852.5M | 354.3M | 174.5M | 598.3M | 568.4M | |
Accounts Payable | 403.8M | 434.3M | 402.0M | 479.8M | 514.5M | 284.0M | |
Cash | 1.1B | 325.0M | 461.9M | 244.1M | 380.1M | 450.3M | |
Non Current Assets Total | 13.6B | 13.8B | 14.0B | 13.8B | 13.8B | 7.6B | |
Non Currrent Assets Other | (461.6M) | (730.1M) | (694.3M) | (467.2M) | 271.3M | 284.8M | |
Cash And Short Term Investments | 1.1B | 345.1M | 484.2M | 321.8M | 391.7M | 501.7M | |
Net Receivables | 2.3B | 2.4B | 2.4B | 2.6B | 2.4B | 1.4B | |
Common Stock Shares Outstanding | 153.8M | 122.6M | 109.9M | 95.8M | 93.2M | 149.6M | |
Liabilities And Stockholders Equity | 17.3B | 17.0B | 17.1B | 16.9B | 16.9B | 10.2B | |
Non Current Liabilities Total | 11.4B | 11.6B | 12.4B | 12.1B | 12.2B | 6.1B | |
Inventory | 97.9M | 111.6M | 107.4M | 109.1M | 143.1M | 83.8M | |
Other Current Assets | 173.2M | 253.2M | 165.6M | 173.7M | 187.2M | 104.4M | |
Other Stockholder Equity | 749.0M | 597.1M | 540.3M | 606.9M | 509.8M | 367.2M | |
Total Liab | 13.8B | 14.1B | 14.8B | 14.7B | 14.2B | 7.7B | |
Total Current Assets | 3.7B | 3.1B | 3.2B | 3.2B | 3.1B | 2.6B | |
Short Term Debt | 474.6M | 538.0M | 573.4M | 626.8M | 517.7M | 543.6M | |
Intangible Assets | 135.7M | 166.6M | 177.7M | 182.7M | 203.2M | 193.1M | |
Property Plant And Equipment Gross | 6.3B | 6.4B | 11.1B | 11.2B | 11.3B | 11.9B | |
Accumulated Other Comprehensive Income | (47.5M) | (66.2M) | (139.2M) | (69.2M) | (52.1M) | (54.7M) | |
Common Stock Total Equity | 126K | 110K | 97K | 90K | 103.5K | 149.1K | |
Common Stock | 126K | 110K | 97K | 90K | 89K | 147.1K | |
Other Liab | 738.4M | 959.7M | 950.1M | 888.0M | 1.0B | 1.1B | |
Other Assets | 91.5M | 79.5M | 136.7M | 1K | 725.9M | 762.2M | |
Long Term Debt | 8.0B | 7.9B | 8.7B | 8.7B | 8.3B | 6.2B | |
Property Plant Equipment | 3.5B | 3.5B | 3.5B | 3.3B | 3.7B | 2.0B | |
Good Will | 6.8B | 6.9B | 7.0B | 7.1B | 7.1B | 6.3B | |
Short Term Investments | 11.6M | 20.1M | 22.3M | 77.7M | 11.6M | 11.0M | |
Net Tangible Assets | (3.6B) | (4.4B) | (5.0B) | (5.2B) | (4.7B) | (4.9B) | |
Noncontrolling Interest In Consolidated Entity | 185.8M | 183.2M | 180.6M | 163.6M | 147.2M | 139.8M | |
Retained Earnings Total Equity | 1.4B | 852.5M | 354.3M | 174.5M | 157.0M | 149.2M |
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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 DaVita HealthCare offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of DaVita HealthCare'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 Davita Healthcare Partners Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Davita Healthcare Partners Stock:Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in DaVita HealthCare Partners. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real. You can also try the Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.
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 DaVita HealthCare. If investors know DaVita 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 DaVita HealthCare 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 (0.05) | Earnings Share 9.27 | Revenue Per Share 145.293 | Quarterly Revenue Growth 0.046 | Return On Assets 0.0694 |
The market value of DaVita HealthCare is measured differently than its book value, which is the value of DaVita that is recorded on the company's balance sheet. Investors also form their own opinion of DaVita HealthCare's value that differs from its market value or its book value, called intrinsic value, which is DaVita HealthCare'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 DaVita HealthCare's market value can be influenced by many factors that don't directly affect DaVita HealthCare'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 DaVita HealthCare's value and its price as these two are different measures arrived at by different means. Investors typically determine if DaVita HealthCare is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, DaVita HealthCare'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.