Health Inventory vs Total Stockholder Equity Analysis

HPP Stock

0.04 0.00 0.00%

Health financial indicator trend analysis is much more than just examining Health and Plant latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Health and Plant is a good investment. Please check the relationship between Health Inventory and its Total Stockholder Equity accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Health and Plant. 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.

Inventory vs Total Stockholder Equity

Inventory vs Total Stockholder Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Health and Plant Inventory account and Total Stockholder Equity. At this time, the significance of the direction appears to have almost identical trend.

The correlation between Health's Inventory and Total Stockholder Equity is 0.94. Overlapping area represents the amount of variation of Inventory that can explain the historical movement of Total Stockholder Equity in the same time period over historical financial statements of Health and Plant, assuming nothing else is changed. The correlation between historical values of Health's Inventory and Total Stockholder Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Inventory of Health and Plant are associated (or correlated) with its Total Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Stockholder Equity has no effect on the direction of Inventory i.e., Health's Inventory and Total Stockholder Equity go up and down completely randomly.

Correlation Coefficient

0.94

Relationship Direction	Positive
Relationship Strength	Very Strong

View All Relationships

Inventory

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.

Most indicators from Health's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Health and Plant 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 Health and Plant. 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 this time, Health's Tax Provision is comparatively stable compared to the past year. Issuance Of Capital Stock is likely to gain to about 7.6 M in 2024, whereas Selling General Administrative is likely to drop slightly above 1 M in 2024.

	2021	2022	2023	2024 (projected)
Interest Expense	1.5M	3.5M	4.0M	4.2M
Depreciation And Amortization	209K	131K	1.1M	1.6M

Interest Expense Depreciation And Amortization

Health fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Non Current Liabilities Total	Inventory	Other Current Assets	Total Liab	Total Current Assets	Short Term Debt	Common Stock	Common Stock Shares Outstanding	Intangible Assets	Good Will	Short Term Investments
Total Assets		0.37	0.89	0.86	0.97	0.22	0.56	0.82	0.47	0.73	0.41	0.96	0.35	0.41	0.51	0.67	0.97	0.4	0.98	0.96	0.64	-0.16	-0.45	0.16	0.3	0.59
Short Long Term Debt Total	0.37		0.27	0.43	0.25	0.6	0.4	0.48	-0.33	0.26	0.17	0.28	-0.19	0.14	0.05	0.25	0.37	0.45	0.44	0.42	0.44	0.52	0.36	-0.17	0.09	0.12
Other Current Liab	0.89	0.27		0.75	0.88	0.27	0.67	0.73	0.52	0.57	0.24	0.86	0.27	0.25	0.56	0.61	0.87	0.33	0.87	0.86	0.51	-0.24	-0.5	0.18	0.51	0.33
Total Current Liabilities	0.86	0.43	0.75		0.8	-0.02	0.55	0.73	0.49	0.69	0.45	0.76	0.49	0.44	0.5	0.25	0.82	0.53	0.87	0.89	0.93	-0.23	-0.51	0.06	0.34	0.54
Total Stockholder Equity	0.97	0.25	0.88	0.8		0.22	0.61	0.68	0.58	0.78	0.48	0.94	0.44	0.5	0.62	0.62	0.94	0.21	0.91	0.93	0.54	-0.23	-0.54	0.04	0.38	0.67
Property Plant And Equipment Net	0.22	0.6	0.27	-0.02	0.22		0.38	0.16	-0.45	0.11	0.04	0.26	-0.49	0.06	0.14	0.44	0.2	-0.13	0.21	0.16	-0.15	0.67	0.51	-0.05	0.04	-0.05
Current Deferred Revenue	0.56	0.4	0.67	0.55	0.61	0.38		0.38	0.42	0.48	0.2	0.55	0.46	0.21	0.7	0.15	0.47	0.02	0.49	0.52	0.43	-0.12	-0.33	-0.51	0.76	0.31
Net Debt	0.82	0.48	0.73	0.73	0.68	0.16	0.38		0.2	0.33	-0.01	0.84	0.16	-0.03	0.13	0.68	0.81	0.58	0.89	0.74	0.64	-0.06	-0.2	0.34	0.23	0.15
Retained Earnings	0.47	-0.33	0.52	0.49	0.58	-0.45	0.42	0.2		0.46	0.25	0.44	0.8	0.25	0.57	0.01	0.44	-0.04	0.37	0.47	0.35	-0.9	-0.98	-0.15	0.61	0.47
Accounts Payable	0.73	0.26	0.57	0.69	0.78	0.11	0.48	0.33	0.46		0.54	0.61	0.37	0.54	0.79	0.29	0.69	0.18	0.67	0.79	0.45	-0.1	-0.39	-0.16	0.15	0.82
Cash	0.41	0.17	0.24	0.45	0.48	0.04	0.2	-0.01	0.25	0.54		0.29	0.3	0.99	0.26	-0.01	0.4	-0.05	0.34	0.49	0.38	0.04	-0.26	-0.28	0.1	0.69
Non Current Assets Total	0.96	0.28	0.86	0.76	0.94	0.26	0.55	0.84	0.44	0.61	0.29		0.33	0.3	0.46	0.73	0.92	0.24	0.94	0.85	0.54	-0.16	-0.41	0.21	0.36	0.46
Non Currrent Assets Other	0.35	-0.19	0.27	0.49	0.44	-0.49	0.46	0.16	0.8	0.37	0.3	0.33		0.31	0.38	-0.21	0.32	-0.01	0.26	0.34	0.49	-0.69	-0.78	-0.46	0.51	0.58
Cash And Short Term Investments	0.41	0.14	0.25	0.44	0.5	0.06	0.21	-0.03	0.25	0.54	0.99	0.3	0.31		0.27	0.01	0.41	-0.06	0.33	0.49	0.36	0.04	-0.26	-0.29	0.08	0.71
Net Receivables	0.51	0.05	0.56	0.5	0.62	0.14	0.7	0.13	0.57	0.79	0.26	0.46	0.38	0.27		0.07	0.4	-0.12	0.41	0.51	0.3	-0.27	-0.47	-0.28	0.51	0.48
Non Current Liabilities Total	0.67	0.25	0.61	0.25	0.62	0.44	0.15	0.68	0.01	0.29	-0.01	0.73	-0.21	0.01	0.07		0.7	0.25	0.69	0.56	-0.03	0.17	0.04	0.41	-0.04	0.18
Inventory	0.97	0.37	0.87	0.82	0.94	0.2	0.47	0.81	0.44	0.69	0.4	0.92	0.32	0.41	0.4	0.7		0.41	0.96	0.95	0.59	-0.14	-0.42	0.17	0.24	0.59
Other Current Assets	0.4	0.45	0.33	0.53	0.21	-0.13	0.02	0.58	-0.04	0.18	-0.05	0.24	-0.01	-0.06	-0.12	0.25	0.41		0.52	0.52	0.54	0.04	-0.02	0.27	-0.23	0.13
Total Liab	0.98	0.44	0.87	0.87	0.91	0.21	0.49	0.89	0.37	0.67	0.34	0.94	0.26	0.33	0.41	0.69	0.96	0.52		0.95	0.68	-0.09	-0.36	0.25	0.23	0.5
Total Current Assets	0.96	0.42	0.86	0.89	0.93	0.16	0.52	0.74	0.47	0.79	0.49	0.85	0.34	0.49	0.51	0.56	0.95	0.52	0.95		0.68	-0.15	-0.45	0.1	0.22	0.66
Short Term Debt	0.64	0.44	0.51	0.93	0.54	-0.15	0.43	0.64	0.35	0.45	0.38	0.54	0.49	0.36	0.3	-0.03	0.59	0.54	0.68	0.68		-0.2	-0.41	0.01	0.3	0.36
Common Stock	-0.16	0.52	-0.24	-0.23	-0.23	0.67	-0.12	-0.06	-0.9	-0.1	0.04	-0.16	-0.69	0.04	-0.27	0.17	-0.14	0.04	-0.09	-0.15	-0.2		0.92	-0.01	-0.46	-0.16
Common Stock Shares Outstanding	-0.45	0.36	-0.5	-0.51	-0.54	0.51	-0.33	-0.2	-0.98	-0.39	-0.26	-0.41	-0.78	-0.26	-0.47	0.04	-0.42	-0.02	-0.36	-0.45	-0.41	0.92		0.04	-0.54	-0.42
Intangible Assets	0.16	-0.17	0.18	0.06	0.04	-0.05	-0.51	0.34	-0.15	-0.16	-0.28	0.21	-0.46	-0.29	-0.28	0.41	0.17	0.27	0.25	0.1	0.01	-0.01	0.04		-0.38	-0.35
Good Will	0.3	0.09	0.51	0.34	0.38	0.04	0.76	0.23	0.61	0.15	0.1	0.36	0.51	0.08	0.51	-0.04	0.24	-0.23	0.23	0.22	0.3	-0.46	-0.54	-0.38		-0.01
Short Term Investments	0.59	0.12	0.33	0.54	0.67	-0.05	0.31	0.15	0.47	0.82	0.69	0.46	0.58	0.71	0.48	0.18	0.59	0.13	0.5	0.66	0.36	-0.16	-0.42	-0.35	-0.01

Click cells to compare fundamentals

Health Account Relationship Matchups

Health fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	73.6M	49.9M	56.1M	8.6M	6.3M	5.9M
Short Long Term Debt Total	22.9M	27.8M	20.2M	21.2M	24.4M	13.8M
Other Current Liab	6.1M	2.3M	2.7M	1.3M	112K	106.4K
Total Current Liabilities	29.2M	23.8M	6.7M	1.3M	112K	106.4K
Total Stockholder Equity	26.4M	20.9M	25.0M	7.3M	6.2M	5.8M
Property Plant And Equipment Net	37.8M	27.3M	25.9M	31.9M	36.6M	21.0M
Net Debt	25.1M	17.5M	17.7M	(3.7M)	(1.3M)	(1.2M)
Retained Earnings	(43.6M)	(52.1M)	(51.5M)	(53.3M)	(54.1M)	(51.4M)
Accounts Payable	7.8M	2.6M	2.3M	2.4M	2.7M	4.3M
Cash	2.7M	2.7M	3.5M	3.7M	1.3M	2.2M
Non Current Assets Total	35.2M	40.6M	29.0M	30.3M	32.6M	0.0
Cash And Short Term Investments	2.7M	2.7M	3.5M	3.7M	1.3M	2.2M
Net Receivables	825K	1.7M	2.2M	4.8M	5.0M	7.5M
Liabilities And Stockholders Equity	73.6M	49.9M	56.1M	8.6M	6.3M	5.9M
Non Current Liabilities Total	18.6M	21.8M	18.0M	5.2M	24.4M	0.0
Inventory	15.7M	27.2M	23.7M	13.7M	16.6M	0.0
Other Current Assets	17.4M	2.2M	1.3M	3K	11K	10.5K
Total Liab	47.2M	29.0M	31.1M	1.3M	112K	106.4K
Total Current Assets	44.6M	19.6M	23.5M	8.6M	6.3M	5.9M
Accumulated Other Comprehensive Income	15.2M	12.4M	15.9M	178K	204.7K	194.5K
Short Term Debt	3.7M	9.4M	17.2M	18.9M	1.6M	0.0
Intangible Assets	2.5M	2.3M	1.7M	1.1M	753K	0.0
Short Term Investments	25K	155K	10K	7K	8.1K	7.6K
Long Term Debt	10.3M	13.4M	10.3M	225K	18.6M	0.0
Long Term Debt Total	10.3M	13.4M	10.6M	1.3M	19.6M	0.0
Property Plant Equipment	32.1M	37.8M	27.3M	25.9M	31.9M	0.0
Other Liab	8.3M	7.4M	3.9M	4.9M	4.4M	5.4M
Net Tangible Assets	24.7M	19.8M	24.3M	7.3M	6.6M	6.2M
Other Stockholder Equity	17.5M	15.2M	12.4M	15.9M	18.3M	15.6M
Net Invested Capital	53.4M	39.6M	45.0M	7.3M	6.2M	5.8M
Short Long Term Debt	9.4M	16.8M	18.4M	1.4M	1.6M	1.5M
Cash And Equivalents	2.7M	2.7M	3.5M	3.7M	3.4M	2.8M
Net Working Capital	15.4M	(4.2M)	16.8M	7.3M	6.2M	9.7M

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.

Explore Investing Ideas

Additional Tools for Health Stock Analysis

When running Health's price analysis, check to measure Health's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Health is operating at the current time. Most of Health's value examination focuses on studying past and present price action to predict the probability of Health's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Health's price. Additionally, you may evaluate how the addition of Health to your portfolios can decrease your overall portfolio volatility.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC