Healthcare Total Stockholder Equity vs Common Stock Shares Outstanding Analysis

HCG Stock   502.40  1.20  0.24%   
Healthcare Global financial indicator trend analysis is much more than just examining Healthcare Global latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Healthcare Global is a good investment. Please check the relationship between Healthcare Global Total Stockholder Equity and its Common Stock Shares Outstanding accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Healthcare Global Enterprises. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Total Stockholder Equity vs Common Stock Shares Outstanding

Total Stockholder Equity vs Common Stock Shares Outstanding Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Healthcare Global Total Stockholder Equity account and Common Stock Shares Outstanding. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Healthcare Global's Total Stockholder Equity and Common Stock Shares Outstanding is 0.94. Overlapping area represents the amount of variation of Total Stockholder Equity that can explain the historical movement of Common Stock Shares Outstanding in the same time period over historical financial statements of Healthcare Global Enterprises, assuming nothing else is changed. The correlation between historical values of Healthcare Global's Total Stockholder Equity 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 Total Stockholder Equity of Healthcare Global Enterprises 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 Total Stockholder Equity i.e., Healthcare Global's Total Stockholder Equity and Common Stock Shares Outstanding go up and down completely randomly.

Correlation Coefficient

0.94
Relationship DirectionPositive 
Relationship StrengthVery Strong

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.

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 Healthcare Global's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Healthcare Global 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 Healthcare Global Enterprises. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
At present, Healthcare Global's Tax Provision is projected to increase significantly based on the last few years of reporting.
 2021 2022 2023 2024 (projected)
Interest Expense838.9M1.0B994.5M686.0M
Depreciation And Amortization1.6B1.6B1.7B1.1B

Healthcare Global fundamental ratios Correlations

0.950.560.960.850.990.89-0.910.930.660.990.730.250.640.960.850.92-0.080.950.920.480.710.970.930.760.44
0.950.50.910.670.970.98-0.840.790.550.960.660.290.550.860.750.78-0.020.990.790.690.520.980.820.840.4
0.560.50.490.620.520.38-0.730.570.940.50.12-0.450.940.510.720.680.020.470.590.010.620.490.690.350.24
0.960.910.490.750.950.86-0.840.940.630.960.740.290.570.950.810.84-0.180.90.930.440.570.960.870.840.32
0.850.670.620.750.810.55-0.830.870.710.80.580.020.740.880.830.940.070.660.850.060.930.710.930.40.5
0.990.970.520.950.810.92-0.890.890.621.00.760.30.60.940.80.88-0.080.970.880.570.660.990.890.780.46
0.890.980.380.860.550.92-0.780.690.410.920.670.40.430.790.620.670.020.980.680.770.40.950.710.850.38
-0.91-0.84-0.73-0.84-0.83-0.89-0.78-0.84-0.78-0.88-0.53-0.03-0.81-0.87-0.79-0.93-0.07-0.85-0.84-0.33-0.77-0.86-0.9-0.64-0.33
0.930.790.570.940.870.890.69-0.840.740.90.70.080.660.950.880.93-0.240.790.990.220.740.870.920.650.38
0.660.550.940.630.710.620.41-0.780.740.610.3-0.390.930.640.790.79-0.170.540.750.060.690.590.770.40.28
0.990.960.50.960.81.00.92-0.880.90.610.780.330.570.950.80.87-0.120.960.890.550.640.990.870.780.44
0.730.660.120.740.580.760.67-0.530.70.30.780.470.230.710.410.53-0.220.680.630.50.380.720.520.550.66
0.250.29-0.450.290.020.30.4-0.030.08-0.390.330.47-0.440.22-0.120.0-0.160.310.050.42-0.170.31-0.040.36-0.03
0.640.550.940.570.740.60.43-0.810.660.930.570.23-0.440.60.710.770.20.520.650.030.750.550.790.410.34
0.960.860.510.950.880.940.79-0.870.950.640.950.710.220.60.870.92-0.110.870.950.320.70.920.920.650.34
0.850.750.720.810.830.80.62-0.790.880.790.80.41-0.120.710.870.9-0.230.750.930.170.730.790.920.50.26
0.920.780.680.840.940.880.67-0.930.930.790.870.530.00.770.920.9-0.060.790.930.180.870.830.970.530.36
-0.08-0.020.02-0.180.07-0.080.02-0.07-0.24-0.17-0.12-0.22-0.160.2-0.11-0.23-0.06-0.09-0.28-0.090.17-0.120.050.010.16
0.950.990.470.90.660.970.98-0.850.790.540.960.680.310.520.870.750.79-0.090.80.710.530.990.810.810.39
0.920.790.590.930.850.880.68-0.840.990.750.890.630.050.650.950.930.93-0.280.80.210.720.870.920.620.29
0.480.690.010.440.060.570.77-0.330.220.060.550.50.420.030.320.170.18-0.090.710.21-0.040.620.220.590.34
0.710.520.620.570.930.660.4-0.770.740.690.640.38-0.170.750.70.730.870.170.530.72-0.040.560.850.270.47
0.970.980.490.960.710.990.95-0.860.870.590.990.720.310.550.920.790.83-0.120.990.870.620.560.850.840.37
0.930.820.690.870.930.890.71-0.90.920.770.870.52-0.040.790.920.920.970.050.810.920.220.850.850.610.4
0.760.840.350.840.40.780.85-0.640.650.40.780.550.360.410.650.50.530.010.810.620.590.270.840.610.19
0.440.40.240.320.50.460.38-0.330.380.280.440.66-0.030.340.340.260.360.160.390.290.340.470.370.40.19
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Healthcare Global Account Relationship Matchups

Healthcare Global fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets22.5B20.4B22.2B23.2B27.1B17.5B
Short Long Term Debt Total13.5B9.8B9.1B9.0B12.7B7.5B
Other Current Liab109.1M622.7M1.6B755.1M2.1B2.2B
Total Current Liabilities5.8B4.7B4.7B5.7B7.4B4.4B
Total Stockholder Equity3.8B7.0B8.7B8.6B8.3B5.8B
Property Plant And Equipment Net15.5B12.9B13.6B13.7B16.2B10.9B
Net Debt13.1B9.5B7.2B7.3B10.0B6.7B
Retained Earnings(2.9B)(4.8B)(4.4B)(4.5B)(5.0B)(4.7B)
Accounts Payable1.5B1.5B1.9B2.5B2.8B1.7B
Cash317.5M300.0M2.0B1.7B2.7B2.9B
Non Current Assets Total19.5B16.0B17.2B17.4B20.3B14.0B
Non Currrent Assets Other1.8B1.2B1.2B1.4B1.3B1.3B
Other Assets2.1B1.5B1.2B255.3M(20K)(19K)
Cash And Short Term Investments422.4M1.7B2.0B2.0B3.0B3.2B
Net Receivables2.1B2.1B2.4B3.0B2.9B1.9B
Common Stock Shares Outstanding88.5M113.6M135.2M139.7M140.4M105.6M
Short Term Investments104.9M1.4B66.4M292.3M304.6M366.9M
Liabilities And Stockholders Equity22.5B20.4B22.2B23.2B27.1B17.5B
Non Current Liabilities Total12.6B8.6B8.7B8.8B11.0B6.9B
Inventory232.6M211.1M299.7M382.9M426.7M251.8M
Other Current Assets2.4B463.3M283.0M339.2M400.9M403.8M
Other Stockholder Equity2.0B10.0B11.6B11.6B11.7B6.8B
Total Liab18.3B13.2B13.4B14.5B18.4B11.3B
Total Current Assets3.0B4.3B5.0B5.8B6.8B3.5B
Accumulated Other Comprehensive Income(3.6B)494.7M49.3M87.7M138.6M145.6M
Short Term Debt2.1B1.6B859.0M863.9M2.3B1.2B
Intangible Assets320.1M214.9M298.0M186.7M298.7M210.0M
Common Stock886.9M1.3B1.4B1.4B1.4B1.1B
Other Liab1.2B408.8M372.9M614.8M707.0M695.7M
Net Tangible Assets2.4B5.8B6.6B6.6B7.6B4.4B
Long Term Debt5.3B3.5B3.6B3.6B4.9B3.7B
Short Long Term Debt1.9B670.2M447.6M375.9M1.9B2.0B
Property Plant Equipment15.5B12.9B13.6B13.7B15.8B10.8B
Current Deferred Revenue2.0B946.9M1.1B1.6B181.9M172.8M
Long Term Debt Total11.4B8.2B8.3B8.1B9.4B6.5B
Capital Surpluse5.8B10.0B11.6B11.6B13.4B7.6B
Capital Lease Obligations6.3B5.1B5.1B5.0B6.0B4.0B
Net Invested Capital11.0B11.1B12.8B12.6B15.0B13.0B

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Other Information on Investing in Healthcare Stock

Balance Sheet is a snapshot of the financial position of Healthcare Global at a specified time, usually calculated after every quarter, six months, or one year. Healthcare Global Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Healthcare Global and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Healthcare currently owns. An asset can also be divided into two categories, current and non-current.