Max Intangible Assets vs Total Assets Analysis

MAXHEALTH   1,027  23.30  2.22%   
Max Healthcare financial indicator trend analysis is infinitely more than just investigating Max Healthcare Institute recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Max Healthcare Institute is a good investment. Please check the relationship between Max Healthcare Intangible Assets and its Total Assets accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Max Healthcare Institute. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.

Intangible Assets vs Total Assets

Intangible Assets vs Total Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Max Healthcare Institute Intangible Assets account and Total Assets. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Max Healthcare's Intangible Assets and Total Assets is 0.88. Overlapping area represents the amount of variation of Intangible Assets that can explain the historical movement of Total Assets in the same time period over historical financial statements of Max Healthcare Institute, assuming nothing else is changed. The correlation between historical values of Max Healthcare's Intangible Assets and Total Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Intangible Assets of Max Healthcare Institute are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Intangible Assets i.e., Max Healthcare's Intangible Assets and Total Assets go up and down completely randomly.

Correlation Coefficient

0.88
Relationship DirectionPositive 
Relationship StrengthStrong

Intangible Assets

Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.

Total Assets

Total assets refers to the total amount of Max Healthcare assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Max Healthcare Institute books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.
Most indicators from Max Healthcare's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Max Healthcare Institute 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 Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Max Healthcare Institute. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.
At this time, Max Healthcare's Selling General Administrative is quite stable compared to the past year. Tax Provision is expected to rise to about 3.7 B this year, although the value of Discontinued Operations will most likely fall to about 75 M.
 2022 2023 2024 2025 (projected)
Interest Expense838.6M598.9M688.7M954.1M
Depreciation And Amortization2.3B2.4B2.8B3.0B

Max Healthcare fundamental ratios Correlations

0.70.670.670.990.960.120.90.990.881.00.71-0.170.920.720.990.910.80.990.080.980.820.97-0.080.880.9
0.70.510.850.620.670.520.530.660.740.710.68-0.20.50.950.650.720.870.710.420.70.930.630.360.760.71
0.670.510.690.630.650.230.620.720.550.660.65-0.080.590.590.630.580.520.65-0.130.60.630.66-0.170.590.57
0.670.850.690.60.630.480.580.640.60.660.64-0.220.630.950.610.680.670.720.360.670.860.70.440.710.66
0.990.620.630.60.96-0.010.910.980.870.990.68-0.170.930.650.990.90.740.980.00.970.750.97-0.160.850.9
0.960.670.650.630.960.040.970.980.940.960.79-0.40.860.670.940.80.710.950.090.890.740.93-0.070.750.79
0.120.520.230.48-0.010.04-0.090.070.030.130.10.19-0.020.560.030.080.420.160.590.130.480.080.60.230.05
0.90.530.620.580.910.97-0.090.940.860.890.74-0.480.870.570.870.730.580.910.070.810.630.91-0.10.660.7
0.990.660.720.640.980.980.070.940.890.990.75-0.240.90.680.970.860.770.970.040.930.780.96-0.160.830.85
0.880.740.550.60.870.940.030.860.890.890.88-0.50.720.670.870.70.660.860.120.830.690.820.040.660.71
1.00.710.660.660.990.960.130.890.990.890.71-0.160.90.720.990.910.810.980.070.970.820.96-0.10.880.9
0.710.680.650.640.680.790.10.740.750.880.71-0.550.610.620.670.50.510.710.210.640.60.710.130.470.51
-0.17-0.2-0.08-0.22-0.17-0.40.19-0.48-0.24-0.5-0.16-0.55-0.12-0.16-0.110.090.1-0.2-0.16-0.04-0.02-0.2-0.310.160.11
0.920.50.590.630.930.86-0.020.870.90.720.90.61-0.120.610.910.850.630.940.10.910.680.98-0.070.80.85
0.720.950.590.950.650.670.560.570.680.670.720.62-0.160.610.670.750.820.760.450.730.940.70.430.790.72
0.990.650.630.610.990.940.030.870.970.870.990.67-0.110.910.670.920.780.97-0.020.980.780.95-0.160.880.92
0.910.720.580.680.90.80.080.730.860.70.910.50.090.850.750.920.870.890.020.930.870.87-0.160.980.99
0.80.870.520.670.740.710.420.580.770.660.810.510.10.630.820.780.870.770.250.790.960.71-0.020.930.85
0.990.710.650.720.980.950.160.910.970.860.980.71-0.20.940.760.970.890.770.160.970.820.980.020.860.88
0.080.42-0.130.360.00.090.590.070.040.120.070.21-0.160.10.45-0.020.020.250.160.070.320.140.670.08-0.01
0.980.70.60.670.970.890.130.810.930.830.970.64-0.040.910.730.980.930.790.970.070.810.95-0.030.90.93
0.820.930.630.860.750.740.480.630.780.690.820.6-0.020.680.940.780.870.960.820.320.810.760.160.920.85
0.970.630.660.70.970.930.080.910.960.820.960.71-0.20.980.70.950.870.710.980.140.950.76-0.020.830.86
-0.080.36-0.170.44-0.16-0.070.6-0.1-0.160.04-0.10.13-0.31-0.070.43-0.16-0.16-0.020.020.67-0.030.16-0.02-0.11-0.17
0.880.760.590.710.850.750.230.660.830.660.880.470.160.80.790.880.980.930.860.080.90.920.83-0.110.97
0.90.710.570.660.90.790.050.70.850.710.90.510.110.850.720.920.990.850.88-0.010.930.850.86-0.170.97
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Max Healthcare Account Relationship Matchups

Max Healthcare fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets85.4B91.9B101.0B120.0B138.0B144.9B
Short Long Term Debt Total13.3B11.3B6.9B15.1B17.3B10.7B
Other Current Liab2.5B1.8B3.8B4.1B4.7B4.9B
Total Current Liabilities7.8B7.6B10.5B12.5B14.4B8.3B
Total Stockholder Equity56.4B62.8B74.1B84.1B96.7B101.5B
Property Plant And Equipment Net17.7B20.6B22.3B36.9B42.4B44.6B
Net Debt7.0B8.2B6.5B5.3B6.1B8.4B
Retained Earnings(4.6B)1.5B12.3B21.9B25.2B26.4B
Accounts Payable4.4B4.4B5.4B6.8B7.8B8.2B
Cash6.3B3.1B427.5M9.8B11.3B11.8B
Non Current Assets Total74.2B81.9B81.6B102.9B118.4B124.3B
Non Currrent Assets Other8.5B(100K)3.2B10.2B11.7B12.3B
Other Assets8.6B10.2B8.7B1.01.151.09
Cash And Short Term Investments6.3B4.9B15.0B9.8B11.3B11.8B
Net Receivables3.9B4.1B3.7B5.0B5.7B3.8B
Common Stock Shares Outstanding863.2M969.4M971.7M975.5M1.1B736.4M
Liabilities And Stockholders Equity85.4B91.9B101.0B120.0B138.0B144.9B
Non Current Liabilities Total21.3B21.5B16.5B23.4B26.9B16.6B
Inventory538M613.6M762.3M798.4M918.2M964.1M
Other Current Assets560.8M480.2M1.3B1.5B1.7B1.8B
Other Stockholder Equity51.0B51.4B51.6B51.8B59.6B62.6B
Total Liab29.1B29.1B26.9B35.9B41.3B24.9B
Total Current Assets11.2B10.0B19.4B17.1B19.6B20.6B
Accumulated Other Comprehensive Income265.1M275.5M465.3M659.8M758.8M796.7M
Short Term Debt886M1.1B845M1.2B1.3B1.9B
Intangible Assets23.3B26.6B26.1B26.3B30.2B15.2B
Common Stock9.7B9.7B9.7B9.7B11.2B7.5B
Current Deferred Revenue1.9B1.2B3.3B491.5M565.2M537.0M
Short Term Investments2M1.8B14.6B1.6B1.8B2.2B
Other Liab2.9B11.2B13.5B10.4B12.0B9.4B
Net Tangible Assets19.9B8.5B11.7B23.4B27.0B28.3B
Long Term Debt8.4B6.3B5.0B10.6B9.5B6.3B
Capital Lease Obligations1.8B1.9B1.2B1.5B1.7B1.4B
Net Invested Capital65.4B70.1B79.7B95.6B109.9B58.7B
Short Long Term Debt542.5M972.4M682.4M887.9M799.1M1.2B
Non Current Liabilities Other2.4B2.3B2.3B2.2B2.6B1.5B
Net Working Capital3.5B2.4B9.0B4.6B5.3B5.5B
Property Plant Equipment3.2B17.7B20.6B22.3B25.6B15.4B
Capital Stock9.7B9.7B9.7B9.7B11.2B9.1B

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Other Information on Investing in Max Stock

Balance Sheet is a snapshot of the financial position of Max Healthcare Institute at a specified time, usually calculated after every quarter, six months, or one year. Max Healthcare Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Max Healthcare 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 Max currently owns. An asset can also be divided into two categories, current and non-current.