GEHC Roic vs Book Value Per Share Analysis

GEHC Stock   82.79  0.43  0.52%   
GE HealthCare financial indicator trend analysis is much more than just examining GE HealthCare Techno latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether GE HealthCare Techno is a good investment. Please check the relationship between GE HealthCare Roic and its Book Value Per Share accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in GE HealthCare Technologies. 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.

Roic vs Book Value Per Share

Roic vs Book Value Per Share Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of GE HealthCare Techno Roic account and Book Value Per Share. At this time, the significance of the direction appears to have almost identical trend.
The correlation between GE HealthCare's Roic and Book Value Per Share is 0.94. Overlapping area represents the amount of variation of Roic that can explain the historical movement of Book Value Per Share in the same time period over historical financial statements of GE HealthCare Technologies, assuming nothing else is changed. The correlation between historical values of GE HealthCare's Roic and Book Value Per Share is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Roic of GE HealthCare Technologies are associated (or correlated) with its Book Value Per Share. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Book Value Per Share has no effect on the direction of Roic i.e., GE HealthCare's Roic and Book Value Per Share go up and down completely randomly.

Correlation Coefficient

0.94
Relationship DirectionPositive 
Relationship StrengthVery Strong

Roic

Return on Invested Capital, a profitability ratio that measures the return that an investment generates for those who have provided capital, such as debt holders and equity holders.

Book Value Per Share

The ratio of equity available to common shareholders divided by the number of outstanding shares. This measure represents the value per share of a company according to its financial statements.
Most indicators from GE HealthCare's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into GE HealthCare Techno 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 Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in GE HealthCare Technologies. 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.
As of December 11, 2024, Tax Provision is expected to decline to about 653 M. In addition to that, Discontinued Operations is expected to decline to about 15.4 M
 2021 2022 2023 2024 (projected)
Interest Expense40M77M542M569.1M
Depreciation And Amortization625M633M610M513.9M

GE HealthCare fundamental ratios Correlations

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0.560.90.890.99-0.89-0.96-0.880.960.850.890.930.850.980.920.860.870.850.930.870.93-0.670.830.510.630.95
0.330.90.730.89-0.97-0.85-0.960.830.691.00.920.890.820.910.861.00.890.860.710.99-0.540.820.710.860.98
0.510.890.730.95-0.79-0.75-0.680.880.670.690.660.90.940.930.930.670.90.650.620.82-0.390.490.110.30.84
0.530.990.890.95-0.91-0.9-0.850.950.80.870.870.910.990.960.930.850.910.850.790.94-0.570.730.410.570.96
-0.46-0.89-0.97-0.79-0.910.820.97-0.88-0.74-0.96-0.87-0.93-0.85-0.92-0.93-0.96-0.93-0.78-0.69-0.970.56-0.74-0.64-0.8-0.97
-0.65-0.96-0.85-0.75-0.90.820.87-0.94-0.92-0.86-0.97-0.69-0.92-0.78-0.71-0.84-0.69-0.97-0.97-0.850.82-0.94-0.65-0.69-0.87
-0.52-0.88-0.96-0.68-0.850.970.87-0.88-0.81-0.97-0.93-0.83-0.81-0.83-0.82-0.97-0.83-0.85-0.79-0.940.7-0.86-0.8-0.89-0.93
0.750.960.830.880.95-0.88-0.94-0.880.940.820.880.810.970.850.850.810.810.860.90.86-0.770.80.510.590.89
0.880.850.690.670.8-0.74-0.92-0.810.940.70.860.560.840.620.630.690.560.830.960.69-0.940.850.620.590.71
0.330.891.00.690.87-0.96-0.86-0.970.820.70.940.860.810.880.821.00.860.880.730.98-0.560.850.750.890.97
0.520.930.920.660.87-0.87-0.97-0.930.880.860.940.710.850.780.70.920.710.980.910.9-0.780.970.780.830.9
0.30.850.890.90.91-0.93-0.69-0.830.810.560.860.710.840.980.990.861.00.650.510.94-0.290.520.340.580.94
0.610.980.820.940.99-0.85-0.92-0.810.970.840.810.850.840.910.880.790.840.860.840.88-0.630.740.370.490.9
0.320.920.910.930.96-0.92-0.78-0.830.850.620.880.780.980.910.970.870.980.750.610.96-0.360.610.360.570.97
0.420.860.860.930.93-0.93-0.71-0.820.850.630.820.70.990.880.970.820.990.640.550.91-0.360.520.310.530.92
0.320.871.00.670.85-0.96-0.84-0.970.810.691.00.920.860.790.870.820.860.860.710.97-0.560.840.760.90.96
0.30.850.890.90.91-0.93-0.69-0.830.810.560.860.711.00.840.980.990.860.650.510.94-0.290.520.340.580.94
0.480.930.860.650.85-0.78-0.97-0.850.860.830.880.980.650.860.750.640.860.650.920.85-0.750.960.70.740.86
0.770.870.710.620.79-0.69-0.97-0.790.90.960.730.910.510.840.610.550.710.510.920.7-0.930.930.660.620.72
0.340.930.990.820.94-0.97-0.85-0.940.860.690.980.90.940.880.960.910.970.940.850.7-0.50.770.60.771.0
-0.87-0.67-0.54-0.39-0.570.560.820.7-0.77-0.94-0.56-0.78-0.29-0.63-0.36-0.36-0.56-0.29-0.75-0.93-0.5-0.85-0.71-0.6-0.51
0.530.830.820.490.73-0.74-0.94-0.860.80.850.850.970.520.740.610.520.840.520.960.930.77-0.850.840.830.77
0.350.510.710.110.41-0.64-0.65-0.80.510.620.750.780.340.370.360.310.760.340.70.660.6-0.710.840.950.57
0.260.630.860.30.57-0.8-0.69-0.890.590.590.890.830.580.490.570.530.90.580.740.620.77-0.60.830.950.75
0.380.950.980.840.96-0.97-0.87-0.930.890.710.970.90.940.90.970.920.960.940.860.721.0-0.510.770.570.75
Click cells to compare fundamentals

GE HealthCare Account Relationship Matchups

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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 GE HealthCare Techno offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of GE 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 Ge Healthcare Technologies Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Ge Healthcare Technologies Stock:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in GE HealthCare Technologies. 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 Portfolio Dashboard module to portfolio dashboard that provides centralized access to all your investments.
Is Health Care Equipment & Supplies 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 GE HealthCare. If investors know GEHC 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 GE 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
0.242
Dividend Share
0.12
Earnings Share
3.65
Revenue Per Share
42.916
Quarterly Revenue Growth
0.009
The market value of GE HealthCare Techno is measured differently than its book value, which is the value of GEHC that is recorded on the company's balance sheet. Investors also form their own opinion of GE HealthCare's value that differs from its market value or its book value, called intrinsic value, which is GE 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 GE HealthCare's market value can be influenced by many factors that don't directly affect GE 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 GE HealthCare's value and its price as these two are different measures arrived at by different means. Investors typically determine if GE HealthCare is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, GE 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.