Mednax Net Income vs Sale Purchase Of Stock Analysis

MD Stock  USD 12.44  0.29  2.28%   
Mednax financial indicator trend analysis is infinitely more than just investigating Mednax Inc recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Mednax Inc is a good investment. Please check the relationship between Mednax Net Income and its Sale Purchase Of Stock accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Mednax Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment.

Net Income vs Sale Purchase Of Stock

Net Income vs Sale Purchase Of Stock Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Mednax Inc Net Income account and Sale Purchase Of Stock. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Mednax's Net Income and Sale Purchase Of Stock is -0.13. Overlapping area represents the amount of variation of Net Income that can explain the historical movement of Sale Purchase Of Stock in the same time period over historical financial statements of Mednax Inc, assuming nothing else is changed. The correlation between historical values of Mednax's Net Income and Sale Purchase Of Stock is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Income of Mednax Inc are associated (or correlated) with its Sale Purchase Of Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Sale Purchase Of Stock has no effect on the direction of Net Income i.e., Mednax's Net Income and Sale Purchase Of Stock go up and down completely randomly.

Correlation Coefficient

-0.13
Relationship DirectionNegative 
Relationship StrengthInsignificant

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in Mednax Inc financial statement analysis. It represents the amount of money remaining after all of Mednax Inc operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.

Sale Purchase Of Stock

Most indicators from Mednax's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Mednax Inc 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 Mednax Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment.
At present, Mednax's Issuance Of Capital Stock is projected to decrease significantly based on the last few years of reporting. The current year's Enterprise Value Over EBITDA is expected to grow to 56.96, whereas Tax Provision is forecasted to decline to about 10.3 M.
 2022 2023 2024 2025 (projected)
Gross Profit467.0M421.6M484.8M542.2M
Total Revenue2.0B2.0B2.3B1.5B

Mednax fundamental ratios Correlations

0.790.660.610.86-0.160.850.740.830.010.98-0.11-0.010.940.590.840.190.770.85-0.010.41-0.310.670.660.620.23
0.790.350.550.38-0.310.920.250.550.370.70.170.370.780.110.99-0.10.630.990.160.670.050.550.540.730.49
0.660.350.430.680.00.370.580.310.010.65-0.160.020.540.610.430.230.710.44-0.030.27-0.130.610.60.5-0.48
0.610.550.430.410.390.520.230.310.150.54-0.420.170.690.550.580.360.810.630.250.490.290.610.610.580.3
0.860.380.680.410.030.540.950.83-0.330.91-0.33-0.350.770.770.450.340.570.46-0.180.03-0.580.480.470.29-0.04
-0.16-0.310.00.390.03-0.290.06-0.28-0.14-0.13-0.91-0.14-0.160.22-0.310.35-0.11-0.3-0.06-0.170.13-0.34-0.34-0.24-0.16
0.850.920.370.520.54-0.290.440.69-0.010.840.08-0.020.890.150.92-0.240.610.920.160.35-0.10.530.530.690.52
0.740.250.580.230.950.060.440.81-0.40.82-0.4-0.430.630.680.320.290.350.31-0.4-0.11-0.750.280.270.03-0.08
0.830.550.310.310.83-0.280.690.81-0.250.87-0.04-0.280.810.530.580.130.450.59-0.20.1-0.630.470.460.230.39
0.010.370.010.15-0.33-0.14-0.01-0.4-0.25-0.190.250.99-0.13-0.10.350.30.150.350.030.890.360.150.140.220.01
0.980.70.650.540.91-0.130.840.820.87-0.19-0.16-0.210.940.60.750.120.70.76-0.040.22-0.390.610.60.550.21
-0.110.17-0.16-0.42-0.33-0.910.08-0.4-0.040.25-0.160.28-0.08-0.430.15-0.380.00.150.350.20.130.230.230.240.14
-0.010.370.020.17-0.35-0.14-0.02-0.43-0.280.99-0.210.28-0.14-0.120.350.270.180.340.120.90.390.170.170.250.0
0.940.780.540.690.77-0.160.890.630.81-0.130.94-0.08-0.140.540.820.050.810.840.110.31-0.170.720.720.670.4
0.590.110.610.550.770.220.150.680.53-0.10.6-0.43-0.120.540.210.690.640.24-0.260.17-0.250.50.490.18-0.2
0.840.990.430.580.45-0.310.920.320.580.350.750.150.350.820.21-0.050.71.00.140.680.030.620.610.750.43
0.19-0.10.230.360.340.35-0.240.290.130.30.12-0.380.270.050.69-0.050.29-0.02-0.230.35-0.180.120.12-0.17-0.12
0.770.630.710.810.57-0.110.610.350.450.150.70.00.180.810.640.70.290.750.260.540.170.870.870.760.1
0.850.990.440.630.46-0.30.920.310.590.350.760.150.340.840.241.0-0.020.750.170.680.060.670.660.770.44
-0.010.16-0.030.25-0.18-0.060.16-0.4-0.20.03-0.040.350.120.11-0.260.14-0.230.260.170.150.450.240.260.560.21
0.410.670.270.490.03-0.170.35-0.110.10.890.220.20.90.310.170.680.350.540.680.150.280.480.480.520.16
-0.310.05-0.130.29-0.580.13-0.1-0.75-0.630.36-0.390.130.39-0.17-0.250.03-0.180.170.060.450.280.130.140.430.02
0.670.550.610.610.48-0.340.530.280.470.150.610.230.170.720.50.620.120.870.670.240.480.131.00.70.08
0.660.540.60.610.47-0.340.530.270.460.140.60.230.170.720.490.610.120.870.660.260.480.141.00.710.08
0.620.730.50.580.29-0.240.690.030.230.220.550.240.250.670.180.75-0.170.760.770.560.520.430.70.710.14
0.230.49-0.480.3-0.04-0.160.52-0.080.390.010.210.140.00.4-0.20.43-0.120.10.440.210.160.020.080.080.14
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Mednax Account Relationship Matchups

Mednax fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets3.3B2.7B2.3B2.2B2.6B2.2B
Short Long Term Debt Total1.8B1.1B753.6M701.6M806.9M527.9M
Other Current Liab298.3M300.3M283.4M279.7M321.6M191.8M
Total Current Liabilities423.2M394.1M374.2M388.9M447.3M284.3M
Total Stockholder Equity747.7M896.7M891.6M849.1M976.4M1.2B
Property Plant And Equipment Net56.0M65.5M66.9M145.9M167.8M285.9M
Net Debt680.9M678.4M743.7M628.4M722.6M431.5M
Retained Earnings(286.4M)(155.4M)(89.1M)(149.5M)(171.9M)(163.3M)
Accounts Payable59.8M36.6M31.9M34.6M39.8M37.8M
Cash1.1B387.4M9.8M73.3M84.2M89.9M
Non Current Assets Total1.8B2.0B2.0B1.7B2.0B1.9B
Non Currrent Assets Other107.4M(88.3M)(105.9M)82.2M73.9M77.6M
Cash And Short Term Investments1.2B387.4M9.8M177.7M204.4M106.1M
Net Receivables241.9M301.8M296.8M279.9M321.9M228.1M
Common Stock Shares Outstanding83.4M85.8M84.1M82.2M74.0M77.1M
Liabilities And Stockholders Equity3.3B2.7B2.3B2.2B2.6B2.2B
Non Current Liabilities Total2.2B1.4B1.1B981.8M1.1B731.0M
Other Current Assets78.7M51.7M28.1M25.8M29.7M39.1M
Other Stockholder Equity1.0B1.0B983.6M999.9M1.1B695.6M
Total Liab2.6B1.8B1.5B1.4B1.6B982.2M
Property Plant And Equipment Gross132.2M70.2M73.3M288.6M331.9M348.5M
Total Current Assets1.5B740.8M334.8M483.5M556.0M382.4M
Accumulated Other Comprehensive Income3.5M1.3M(3.7M)(2.2M)(2.0M)(2.1M)
Short Term Debt42.3M44.3M60.5M36.0M41.4M43.5M
Common Stock Total Equity842K856K864K829K953.4K643.9K
Common Stock856K864K829K840K966K655.1K
Other Liab330.2M372.4M365.9M348.7M401.0M421.0M
Other Assets1.8B217.8M219.4M229.1M263.5M212.4M
Intangible Assets26.6M21.6M18.5M21.2M19.1M18.2M
Property Plant Equipment129.1M76.2M70.2M73.3M84.3M64.4M
Long Term Debt1.7B1.0B636.4M611.6M703.3M643.8M
Good Will1.7B1.8B1.8B1.4B1.6B2.2B
Short Term Investments104.9M99.7M93.2M104.5M120.2M126.2M
Net Tangible Assets(9.4M)(757.1M)896.5M891.6M1.0B1.1B
Long Term Debt Total1.7B1.7B1.0B636.4M731.8M1.1B

Also Currently Popular

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.
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Mednax Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment.
You can also try the Transaction History module to view history of all your transactions and understand their impact on performance.
Is Health Care Providers & Services 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 Mednax. If investors know Mednax 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 Mednax 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
(0.11)
Earnings Share
(2.34)
Revenue Per Share
24.174
Quarterly Revenue Growth
0.009
Return On Assets
0.0467
The market value of Mednax Inc is measured differently than its book value, which is the value of Mednax that is recorded on the company's balance sheet. Investors also form their own opinion of Mednax's value that differs from its market value or its book value, called intrinsic value, which is Mednax'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 Mednax's market value can be influenced by many factors that don't directly affect Mednax'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 Mednax's value and its price as these two are different measures arrived at by different means. Investors typically determine if Mednax is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Mednax'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.