EHealth Income Tax Expense vs Selling General Administrative Analysis

EHTH Stock  USD 5.65  0.15  2.73%   
EHealth financial indicator trend analysis is much more than just examining eHealth latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether eHealth is a good investment. Please check the relationship between EHealth Income Tax Expense and its Selling General Administrative accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in eHealth. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
For more detail on how to invest in EHealth Stock please use our How to Invest in EHealth guide.

Income Tax Expense vs Selling General Administrative

Income Tax Expense vs Selling General Administrative Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of eHealth Income Tax Expense account and Selling General Administrative. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between EHealth's Income Tax Expense and Selling General Administrative is -0.19. Overlapping area represents the amount of variation of Income Tax Expense that can explain the historical movement of Selling General Administrative in the same time period over historical financial statements of eHealth, assuming nothing else is changed. The correlation between historical values of EHealth's Income Tax Expense 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 Income Tax Expense of eHealth 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 Income Tax Expense i.e., EHealth's Income Tax Expense and Selling General Administrative go up and down completely randomly.

Correlation Coefficient

-0.19
Relationship DirectionNegative 
Relationship StrengthInsignificant

Income Tax Expense

Selling General Administrative

Most indicators from EHealth's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into eHealth 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 eHealth. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
For more detail on how to invest in EHealth Stock please use our How to Invest in EHealth guide.As of now, EHealth's Tax Provision is decreasing as compared to previous years. The EHealth's current Sales General And Administrative To Revenue is estimated to increase to 0.35, while Selling General Administrative is projected to decrease to under 46.8 M.
 2021 2022 2023 2024 (projected)
Gross Profit536.2M403.7M451.1M473.7M
Total Revenue538.2M405.4M452.9M475.5M

EHealth fundamental ratios Correlations

1.00.430.810.740.90.920.810.740.670.780.50.530.530.221.00.930.420.760.720.870.690.90.98-0.170.56
1.00.410.80.770.920.880.780.710.640.770.530.470.510.280.990.940.480.750.740.830.730.890.99-0.120.56
0.430.410.690.510.120.470.580.720.90.680.220.450.77-0.370.460.17-0.17-0.040.470.340.380.550.34-0.5-0.15
0.810.80.690.650.620.750.660.760.770.890.720.50.660.020.810.680.250.240.610.710.770.810.76-0.280.22
0.740.770.510.650.650.540.590.730.590.690.40.090.520.470.720.630.60.440.960.390.630.70.790.140.51
0.90.920.120.620.650.70.50.420.370.570.490.270.320.460.860.980.650.760.630.720.740.730.940.080.6
0.920.880.470.750.540.70.910.80.740.760.310.780.58-0.080.940.780.080.720.540.960.460.870.82-0.380.5
0.810.780.580.660.590.50.910.860.810.670.280.710.51-0.150.840.58-0.040.660.60.80.320.770.72-0.450.43
0.740.710.720.760.730.420.80.860.840.880.320.620.76-0.120.770.510.040.40.740.640.470.850.64-0.220.26
0.670.640.90.770.590.370.740.810.840.730.270.670.7-0.330.70.43-0.130.30.60.640.430.680.57-0.570.12
0.780.770.680.890.690.570.760.670.880.730.510.510.87-0.020.80.660.240.310.640.640.750.940.71-0.110.12
0.50.530.220.720.40.490.310.280.320.270.510.050.10.270.480.520.420.040.370.310.760.420.550.010.05
0.530.470.450.50.090.270.780.710.620.670.510.050.48-0.640.60.4-0.510.450.20.770.10.570.35-0.490.17
0.530.510.770.660.520.320.580.510.760.70.870.10.48-0.230.570.390.030.130.450.450.50.790.43-0.17-0.06
0.220.28-0.370.020.470.46-0.08-0.15-0.12-0.33-0.020.27-0.64-0.230.140.340.940.220.36-0.060.310.040.40.50.51
1.00.990.460.810.720.860.940.840.770.70.80.480.60.570.140.910.340.760.710.890.670.920.95-0.210.54
0.930.940.170.680.630.980.780.580.510.430.660.520.40.390.340.910.550.770.620.790.760.810.940.030.54
0.420.48-0.170.250.60.650.08-0.040.04-0.130.240.42-0.510.030.940.340.550.290.480.080.590.290.590.470.43
0.760.75-0.040.240.440.760.720.660.40.30.310.040.450.130.220.760.770.290.480.720.260.590.75-0.060.65
0.720.740.470.610.960.630.540.60.740.60.640.370.20.450.360.710.620.480.480.40.540.660.750.170.53
0.870.830.340.710.390.720.960.80.640.640.640.310.770.45-0.060.890.790.080.720.40.430.770.78-0.440.52
0.690.730.380.770.630.740.460.320.470.430.750.760.10.50.310.670.760.590.260.540.430.710.740.090.05
0.90.890.550.810.70.730.870.770.850.680.940.420.570.790.040.920.810.290.590.660.770.710.84-0.090.3
0.980.990.340.760.790.940.820.720.640.570.710.550.350.430.40.950.940.590.750.750.780.740.84-0.070.6
-0.17-0.12-0.5-0.280.140.08-0.38-0.45-0.22-0.57-0.110.01-0.49-0.170.5-0.210.030.47-0.060.17-0.440.09-0.09-0.070.14
0.560.56-0.150.220.510.60.50.430.260.120.120.050.17-0.060.510.540.540.430.650.530.520.050.30.60.14
Click cells to compare fundamentals

EHealth Account Relationship Matchups

EHealth fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets741.6M1.0B1.1B1.1B1.1B1.2B
Total Stockholder Equity527.2M837.6M982.1M914.2M904.1M949.3M
Retained Earnings271.9M316.2M193.2M73.8M7.3M6.9M
Other Assets421.3M603.1M690.3M648.2M202.9M147.4M
Common Stock Shares Outstanding24.5M27.0M26.8M27.4M28.0M21.4M
Liabilities And Stockholders Equity741.6M1.0B1.1B1.1B1.1B1.2B
Other Stockholder Equity(16.7M)521.0M555.9M577.2M598.8M628.7M
Total Liab214.5M202.5M167.2M198.4M209.3M219.7M
Other Current Liab81.1M36.8M50.6M40.9M57.2M60.1M
Total Current Liabilities113.0M84.4M75.5M60.6M78.5M40.2M
Other Liab67.2M76.7M55.9M37.5M43.1M22.7M
Property Plant And Equipment Net47.1M57.2M49.5M32.0M27.6M16.2M
Current Deferred Revenue2.6M308K52.8M32.4M(127K)(120.7K)
Net Debt15.6M2.8M(40.6M)(37.6M)(12.6M)(13.2M)
Accounts Payable24.6M36.9M13.8M6.7M7.2M7.6M
Cash23.5M43.8M81.9M144.4M115.7M85.4M
Non Current Assets Total533.5M709.0M741.7M711.5M731.0M767.5M
Non Currrent Assets Other21.4M603.1M690.3M612.6M679.8M713.8M
Cash And Short Term Investments23.5M93.4M123.2M144.4M121.7M97.3M
Net Receivables176.9M221.0M260.6M245.4M922.2M968.3M
Common Stock Total Equity35K38K39K40K46K29.8K
Non Current Liabilities Total101.5M118.1M91.7M137.8M130.7M137.3M
Other Current Assets2.4M16.7M23.8M11.3M8.6M6.1M
Property Plant And Equipment Gross47.1M57.2M49.5M32.0M38.8M40.7M
Total Current Assets208.1M331.0M407.6M401.1M382.4M401.5M
Accumulated Other Comprehensive Income116K350K390K(73K)(82K)(77.9K)
Short Term Debt4.8M10.4M11.1M13.0M14.1M11.2M
Intangible Assets10.1M8.6M1.9M31.3M23.6M24.8M
Common Stock35K38K39K40K41K30.5K
Property Plant Equipment10.5M14.6M49.5M5.5M6.3M9.4M
Short Long Term Debt Total39.1M46.6M41.4M106.8M103.2M53.8M
Inventory5.5M16.1M22.9M1.00.90.86
Net Tangible Assets511.2M830.1M747.6M914.2M1.1B1.1B
Retained Earnings Total Equity271.9M316.2M193.2M73.8M84.9M101.3M
Capital Surpluse455.2M721.0M755.9M777.2M893.8M472.6M
Deferred Long Term Liab64.1M72.3M50.8M32.4M37.2M26.0M

Currently Active Assets on Macroaxis

When determining whether eHealth offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of EHealth'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 Ehealth Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Ehealth Stock:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in eHealth. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
For more detail on how to invest in EHealth Stock please use our How to Invest in EHealth guide.
You can also try the Technical Analysis module to check basic technical indicators and analysis based on most latest market data.
Is Insurance Brokers 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 EHealth. If investors know EHealth 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 EHealth 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
2.108
Earnings Share
(2.62)
Revenue Per Share
16.016
Quarterly Revenue Growth
(0.1)
Return On Assets
(0.01)
The market value of eHealth is measured differently than its book value, which is the value of EHealth that is recorded on the company's balance sheet. Investors also form their own opinion of EHealth's value that differs from its market value or its book value, called intrinsic value, which is EHealth'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 EHealth's market value can be influenced by many factors that don't directly affect EHealth'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 EHealth's value and its price as these two are different measures arrived at by different means. Investors typically determine if EHealth is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, EHealth'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.