Encompass Cash vs Common Stock Shares Outstanding Analysis

EHC Stock  USD 102.84  0.93  0.90%   
Encompass Health financial indicator trend analysis is much more than just examining Encompass Health Corp latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Encompass Health Corp is a good investment. Please check the relationship between Encompass Health Cash and its Common Stock Shares Outstanding accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Encompass Health 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 rate.

Cash vs Common Stock Shares Outstanding

Cash vs Common Stock Shares Outstanding Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Encompass Health Corp Cash account and Common Stock Shares Outstanding. At this time, the significance of the direction appears to have weak relationship.
The correlation between Encompass Health's Cash and Common Stock Shares Outstanding is 0.31. Overlapping area represents the amount of variation of Cash that can explain the historical movement of Common Stock Shares Outstanding in the same time period over historical financial statements of Encompass Health Corp, assuming nothing else is changed. The correlation between historical values of Encompass Health's Cash and Common Stock Shares Outstanding is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash of Encompass Health Corp are associated (or correlated) with its Common Stock Shares Outstanding. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Shares Outstanding has no effect on the direction of Cash i.e., Encompass Health's Cash and Common Stock Shares Outstanding go up and down completely randomly.

Correlation Coefficient

0.31
Relationship DirectionPositive 
Relationship StrengthVery Weak

Cash

Cash refers to the most liquid asset of Encompass Health Corp, which is listed under current asset account on Encompass Health Corp balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Encompass Health customers. The amounts must be unrestricted with restricted cash listed in a different Encompass Health account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.

Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.
Most indicators from Encompass Health's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Encompass Health 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Encompass Health 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 rate.
At present, Encompass Health's Enterprise Value Over EBITDA is projected to increase slightly based on the last few years of reporting. The current year's Enterprise Value Multiple is expected to grow to 9.74, whereas Selling General Administrative is forecasted to decline to about 191.6 M.
 2021 2022 2023 2024 (projected)
Gross Profit4.9B4.1B933.5M886.8M
Total Revenue5.1B4.3B4.8B2.8B

Encompass Health fundamental ratios Correlations

0.960.930.970.850.750.960.450.341.00.570.320.960.540.96-0.140.320.090.980.560.880.80.860.670.70.52
0.960.870.90.750.681.00.350.340.960.590.320.930.560.99-0.110.310.170.990.490.860.780.90.680.610.56
0.930.870.980.850.680.870.340.390.920.660.380.910.590.88-0.080.320.260.910.530.860.720.850.690.660.64
0.970.90.980.890.770.90.450.410.960.60.40.940.550.91-0.130.310.140.940.60.890.820.810.670.740.59
0.850.750.850.890.910.740.70.430.840.40.410.860.290.75-0.110.3-0.10.780.810.830.760.640.440.90.62
0.750.680.680.770.910.670.740.280.740.070.280.820.260.69-0.170.2-0.20.710.950.730.680.450.130.990.66
0.961.00.870.90.740.670.350.30.960.570.270.920.550.99-0.130.310.150.990.480.840.760.90.670.610.55
0.450.350.340.450.70.740.350.060.46-0.10.040.46-0.410.32-0.43-0.2-0.770.350.720.270.560.28-0.030.720.11
0.340.340.390.410.430.280.30.060.310.561.00.380.310.340.290.160.280.350.250.580.510.260.440.290.4
1.00.960.920.960.840.740.960.460.310.550.290.950.510.96-0.190.280.060.970.550.850.80.870.660.680.48
0.570.590.660.60.40.070.57-0.10.560.550.550.440.440.580.170.40.460.59-0.070.60.520.690.930.070.28
0.320.320.380.40.410.280.270.041.00.290.550.360.320.320.270.160.30.340.250.560.50.230.430.290.42
0.960.930.910.940.860.820.920.460.380.950.440.360.570.93-0.10.250.110.950.690.90.720.790.50.790.62
0.540.560.590.550.290.260.55-0.410.310.510.440.320.570.610.330.590.810.60.150.70.240.390.460.250.59
0.960.990.880.910.750.690.990.320.340.960.580.320.930.61-0.140.320.211.00.50.860.770.880.670.620.58
-0.14-0.11-0.08-0.13-0.11-0.17-0.13-0.430.29-0.190.170.27-0.10.33-0.140.650.46-0.14-0.130.25-0.25-0.140.02-0.140.13
0.320.310.320.310.30.20.31-0.20.160.280.40.160.250.590.320.650.510.320.10.590.180.150.420.210.37
0.090.170.260.14-0.1-0.20.15-0.770.280.060.460.30.110.810.210.460.510.2-0.230.33-0.120.150.38-0.170.49
0.980.990.910.940.780.710.990.350.350.970.590.340.950.61.0-0.140.320.20.520.880.790.880.680.650.59
0.560.490.530.60.810.950.480.720.250.55-0.070.250.690.150.5-0.130.1-0.230.520.60.480.27-0.110.970.63
0.880.860.860.890.830.730.840.270.580.850.60.560.90.70.860.250.590.330.880.60.70.690.610.720.69
0.80.780.720.820.760.680.760.560.510.80.520.50.720.240.77-0.250.18-0.120.790.480.70.650.650.610.4
0.860.90.850.810.640.450.90.280.260.870.690.230.790.390.88-0.140.150.150.880.270.690.650.740.390.43
0.670.680.690.670.440.130.67-0.030.440.660.930.430.50.460.670.020.420.380.68-0.110.610.650.740.090.25
0.70.610.660.740.90.990.610.720.290.680.070.290.790.250.62-0.140.21-0.170.650.970.720.610.390.090.67
0.520.560.640.590.620.660.550.110.40.480.280.420.620.590.580.130.370.490.590.630.690.40.430.250.67
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Encompass Health Account Relationship Matchups

Encompass Health fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets6.1B6.4B6.9B5.6B6.1B3.8B
Short Long Term Debt Total3.3B3.5B3.5B3.0B2.9B2.2B
Other Current Liab506.3M474.4M510.1M366.6M437.5M380.4M
Total Current Liabilities721M717.3M748.8M575.9M656.4M512.4M
Total Stockholder Equity1.4B1.6B1.9B1.3B1.6B1.7B
Property Plant And Equipment Net2.2B2.5B2.8B3.2B3.5B3.7B
Net Debt3.3B3.3B3.5B3.0B2.9B2.1B
Retained Earnings(526.5M)(242.3M)141.8M115.7M406.5M426.8M
Cash94.8M224M54.8M21.8M69.1M111.7M
Non Current Assets Total5.3B5.5B5.9B4.9B5.3B3.0B
Non Currrent Assets Other213.8M295M254.5M(13.3M)82.1M78.0M
Cash And Short Term Investments94.8M224M54.8M21.8M69.1M116.9M
Net Receivables506.1M572.8M502.1M536.8M611.6M436.2M
Liabilities And Stockholders Equity6.1B6.4B6.9B5.6B6.1B3.8B
Non Current Liabilities Total3.4B3.7B3.7B3.2B3.1B2.4B
Inventory57.4M65.4M65.1M31.6M72.7M77.7M
Other Current Assets154.9M151.8M369.9M170.6M161.1M168.3M
Other Stockholder Equity1.9B1.8B1.8B1.2B1.2B1.8B
Total Liab4.1B4.4B4.5B3.8B3.8B2.9B
Property Plant And Equipment Gross2.2B2.5B2.8B3.2B5.4B5.7B
Total Current Assets755.8M948.6M921.4M717.2M841.8M734.0M
Short Term Debt120.1M127.9M104.7M76.4M48.9M59.2M
Intangible Assets476.3M431.3M417.5M282.3M278.2M222.5M
Current Deferred Revenue242.9M300.9M310.3M83M42.6M40.5M
Accounts Payable94.6M115M134M132.9M170M178.5M
Other Liab159.9M266.8M259.9M257.2M231.5M172.7M
Other Assets300.2M542M254.5M222.1M1.00.95
Long Term Debt3.0B3.3B3.2B2.7B2.7B2.0B
Treasury Stock(427.9M)(492.3M)(497.4M)(521.2M)(469.1M)(492.5M)
Property Plant Equipment2.0B2.5B2.8B3.2B3.6B3.8B
Good Will2.3B2.3B2.4B1.3B1.3B1.3B
Net Tangible Assets(1.2B)(699.1M)(934.1M)(235.2M)(211.7M)(222.3M)
Warrants261.7M239.6M31.6M42.2M38.0M36.1M
Noncontrolling Interest In Consolidated Entity280.3M340.9M382M445.7M512.6M538.2M

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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 Encompass Health Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Encompass Health'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 Encompass Health Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Encompass Health Corp Stock:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Encompass Health 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 rate.
You can also try the Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.
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 Encompass Health. If investors know Encompass 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 Encompass 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
0.26
Dividend Share
0.62
Earnings Share
4.25
Revenue Per Share
52.255
Quarterly Revenue Growth
0.119
The market value of Encompass Health Corp is measured differently than its book value, which is the value of Encompass that is recorded on the company's balance sheet. Investors also form their own opinion of Encompass Health's value that differs from its market value or its book value, called intrinsic value, which is Encompass 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 Encompass Health's market value can be influenced by many factors that don't directly affect Encompass 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 Encompass Health's value and its price as these two are different measures arrived at by different means. Investors typically determine if Encompass Health is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Encompass 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.