Mednax Net Receivables vs Short Term Investments Analysis

MD Stock

USD 15.00 0.40 2.60%

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 Receivables and its Short Term Investments 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 Receivables vs Short Term Investments

Net Receivables vs Short Term Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Mednax Inc Net Receivables account and Short Term Investments. At this time, the significance of the direction appears to have weak contrarian relationship.

The correlation between Mednax's Net Receivables and Short Term Investments is -0.2. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Short Term Investments 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 Receivables and Short Term Investments 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 Receivables of Mednax Inc are associated (or correlated) with its Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Term Investments has no effect on the direction of Net Receivables i.e., Mednax's Net Receivables and Short Term Investments go up and down completely randomly.

Correlation Coefficient

-0.2

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Net Receivables

Short Term Investments

Short Term Investments is an item under the current assets section of Mednax balance sheet. It contains any investments Mednax Inc undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that Mednax Inc can easily liquidate in the marketplace.

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.

	2022	2023	2024	2025 (projected)
Gross Profit	467.0M	421.6M	2.0B	2.1B
Total Revenue	2.0B	2.0B	2.0B	1.5B

Gross Profit Total Revenue

Mednax fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Common Stock Total Equity	Common Stock	Other Liab	Other Assets
Total Assets		0.8	0.64	0.6	0.86	-0.12	0.86	0.75	0.84	-0.04	0.98	-0.12	-0.07	0.95	0.59	0.84	0.19	0.78	0.85	0.1	0.39	-0.27	0.65	0.67	0.6	0.23
Short Long Term Debt Total	0.8		0.34	0.54	0.39	-0.29	0.92	0.27	0.55	0.34	0.7	0.16	0.31	0.78	0.11	0.99	-0.09	0.64	0.99	0.3	0.66	0.1	0.54	0.55	0.71	0.49
Other Current Liab	0.64	0.34		0.43	0.66	0.02	0.35	0.55	0.29	0.0	0.62	-0.15	0.0	0.52	0.63	0.42	0.22	0.71	0.43	0.03	0.28	-0.08	0.61	0.61	0.51	-0.48
Total Current Liabilities	0.6	0.54	0.43		0.4	0.4	0.5	0.23	0.32	0.14	0.53	-0.42	0.14	0.68	0.6	0.58	0.36	0.8	0.62	0.37	0.49	0.35	0.6	0.6	0.58	0.31
Total Stockholder Equity	0.86	0.39	0.66	0.4		0.06	0.56	0.95	0.83	-0.37	0.92	-0.34	-0.4	0.78	0.75	0.46	0.34	0.59	0.46	-0.13	0.01	-0.56	0.46	0.49	0.28	-0.04
Property Plant And Equipment Net	-0.12	-0.29	0.02	0.4	0.06		-0.26	0.1	-0.25	-0.15	-0.1	-0.94	-0.15	-0.13	0.25	-0.28	0.37	-0.08	-0.28	-0.15	-0.16	0.12	-0.32	-0.33	-0.27	-0.15
Net Debt	0.86	0.92	0.35	0.5	0.56	-0.26		0.47	0.71	-0.05	0.84	0.06	-0.07	0.9	0.16	0.92	-0.22	0.61	0.92	0.26	0.34	-0.08	0.51	0.53	0.66	0.52
Retained Earnings	0.75	0.27	0.55	0.23	0.95	0.1	0.47		0.81	-0.47	0.83	-0.4	-0.51	0.65	0.65	0.33	0.29	0.38	0.32	-0.33	-0.13	-0.69	0.27	0.3	0.02	-0.07
Accounts Payable	0.84	0.55	0.29	0.32	0.83	-0.25	0.71	0.81		-0.31	0.87	-0.04	-0.35	0.83	0.5	0.59	0.13	0.49	0.6	-0.07	0.08	-0.57	0.47	0.5	0.23	0.39
Cash	-0.04	0.34	0.0	0.14	-0.37	-0.15	-0.05	-0.47	-0.31		-0.23	0.3	0.99	-0.17	-0.15	0.32	0.26	0.14	0.31	0.18	0.88	0.43	0.15	0.14	0.28	0.0
Non Current Assets Total	0.98	0.7	0.62	0.53	0.92	-0.1	0.84	0.83	0.87	-0.23		-0.18	-0.26	0.95	0.59	0.76	0.13	0.71	0.76	0.05	0.2	-0.36	0.58	0.61	0.53	0.21
Non Currrent Assets Other	-0.12	0.16	-0.15	-0.42	-0.34	-0.94	0.06	-0.4	-0.04	0.3	-0.18		0.34	-0.1	-0.41	0.14	-0.38	-0.02	0.14	0.33	0.22	0.06	0.23	0.22	0.24	0.14
Cash And Short Term Investments	-0.07	0.31	0.0	0.14	-0.4	-0.15	-0.07	-0.51	-0.35	0.99	-0.26	0.34		-0.19	-0.18	0.29	0.22	0.14	0.29	0.29	0.86	0.44	0.15	0.14	0.32	-0.01
Net Receivables	0.95	0.78	0.52	0.68	0.78	-0.13	0.9	0.65	0.83	-0.17	0.95	-0.1	-0.19		0.56	0.83	0.07	0.81	0.84	0.22	0.29	-0.14	0.7	0.72	0.65	0.4
Common Stock Shares Outstanding	0.59	0.11	0.63	0.6	0.75	0.25	0.16	0.65	0.5	-0.15	0.59	-0.41	-0.18	0.56		0.21	0.68	0.72	0.25	-0.1	0.17	-0.15	0.56	0.57	0.22	-0.21
Non Current Liabilities Total	0.84	0.99	0.42	0.58	0.46	-0.28	0.92	0.33	0.59	0.32	0.76	0.14	0.29	0.83	0.21		-0.04	0.71	1.0	0.28	0.66	0.08	0.61	0.62	0.74	0.43
Other Current Assets	0.19	-0.09	0.22	0.36	0.34	0.37	-0.22	0.29	0.13	0.26	0.13	-0.38	0.22	0.07	0.68	-0.04		0.32	-0.01	-0.19	0.34	-0.14	0.13	0.14	-0.17	-0.12
Other Stockholder Equity	0.78	0.64	0.71	0.8	0.59	-0.08	0.61	0.38	0.49	0.14	0.71	-0.02	0.14	0.81	0.72	0.71	0.32		0.75	0.35	0.55	0.21	0.86	0.86	0.75	0.11
Total Liab	0.85	0.99	0.43	0.62	0.46	-0.28	0.92	0.32	0.6	0.31	0.76	0.14	0.29	0.84	0.25	1.0	-0.01	0.75		0.31	0.67	0.11	0.65	0.67	0.76	0.44
Property Plant And Equipment Gross	0.1	0.3	0.03	0.37	-0.13	-0.15	0.26	-0.33	-0.07	0.18	0.05	0.33	0.29	0.22	-0.1	0.28	-0.19	0.35	0.31		0.29	0.29	0.33	0.32	0.59	0.32
Total Current Assets	0.39	0.66	0.28	0.49	0.01	-0.16	0.34	-0.13	0.08	0.88	0.2	0.22	0.86	0.29	0.17	0.66	0.34	0.55	0.67	0.29		0.34	0.49	0.49	0.53	0.16
Short Term Debt	-0.27	0.1	-0.08	0.35	-0.56	0.12	-0.08	-0.69	-0.57	0.43	-0.36	0.06	0.44	-0.14	-0.15	0.08	-0.14	0.21	0.11	0.29	0.34		0.17	0.16	0.37	0.03
Common Stock Total Equity	0.65	0.54	0.61	0.6	0.46	-0.32	0.51	0.27	0.47	0.15	0.58	0.23	0.15	0.7	0.56	0.61	0.13	0.86	0.65	0.33	0.49	0.17		0.99	0.7	0.08
Common Stock	0.67	0.55	0.61	0.6	0.49	-0.33	0.53	0.3	0.5	0.14	0.61	0.22	0.14	0.72	0.57	0.62	0.14	0.86	0.67	0.32	0.49	0.16	0.99		0.7	0.08
Other Liab	0.6	0.71	0.51	0.58	0.28	-0.27	0.66	0.02	0.23	0.28	0.53	0.24	0.32	0.65	0.22	0.74	-0.17	0.75	0.76	0.59	0.53	0.37	0.7	0.7		0.14
Other Assets	0.23	0.49	-0.48	0.31	-0.04	-0.15	0.52	-0.07	0.39	0.0	0.21	0.14	-0.01	0.4	-0.21	0.43	-0.12	0.11	0.44	0.32	0.16	0.03	0.08	0.08	0.14

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Mednax Account Relationship Matchups

Mednax fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	3.3B	2.7B	2.3B	2.2B	2.2B	2.2B
Short Long Term Debt Total	1.8B	1.1B	753.6M	701.6M	662.3M	534.3M
Other Current Liab	298.3M	300.3M	283.4M	279.7M	352.3M	198.1M
Total Current Liabilities	423.2M	394.1M	374.2M	388.9M	434.1M	290.6M
Total Stockholder Equity	747.7M	896.7M	891.6M	849.1M	764.9M	1.2B
Property Plant And Equipment Net	56.0M	65.5M	66.9M	145.9M	78.4M	74.5M
Net Debt	680.9M	678.4M	743.7M	628.4M	432.4M	433.0M
Retained Earnings	(286.4M)	(155.4M)	(89.1M)	(149.5M)	(248.5M)	(236.1M)
Accounts Payable	59.8M	36.6M	31.9M	34.6M	46.4M	44.1M
Cash	1.1B	387.4M	9.8M	73.3M	229.9M	241.4M
Non Current Assets Total	1.8B	2.0B	2.0B	1.7B	1.5B	1.9B
Non Currrent Assets Other	107.4M	(88.3M)	(105.9M)	82.2M	76.6M	80.4M
Cash And Short Term Investments	1.2B	387.4M	9.8M	177.7M	348.5M	365.9M
Net Receivables	241.9M	301.8M	296.8M	279.9M	260.0M	230.0M
Common Stock Shares Outstanding	83.4M	85.8M	84.1M	82.2M	83.3M	76.7M
Liabilities And Stockholders Equity	3.3B	2.7B	2.3B	2.2B	2.2B	2.2B
Non Current Liabilities Total	2.2B	1.4B	1.1B	981.8M	953.7M	741.6M
Other Current Assets	78.7M	51.7M	28.1M	25.8M	31.1M	39.0M
Other Stockholder Equity	1.0B	1.0B	983.6M	999.9M	1.0B	709.6M
Total Liab	2.6B	1.8B	1.5B	1.4B	1.4B	999.8M
Property Plant And Equipment Gross	132.2M	70.2M	73.3M	288.6M	204.9M	215.2M
Total Current Assets	1.5B	740.8M	334.8M	483.5M	639.6M	392.7M
Accumulated Other Comprehensive Income	3.5M	1.3M	(3.7M)	(2.2M)	(1.1M)	(1.1M)
Short Term Debt	42.3M	44.3M	60.5M	36.0M	33.2M	20.9M
Common Stock Total Equity	842K	856K	864K	829K	953.4K	643.9K
Common Stock	856K	864K	829K	840K	859K	666.3K
Other Liab	330.2M	372.4M	365.9M	348.7M	401.0M	421.0M
Other Assets	1.8B	217.8M	219.4M	229.1M	263.5M	212.4M
Intangible Assets	26.6M	21.6M	18.5M	21.2M	11.6M	11.0M
Property Plant Equipment	129.1M	76.2M	70.2M	73.3M	84.3M	64.4M
Long Term Debt	1.7B	1.0B	636.4M	611.6M	593.6M	644.2M
Good Will	1.7B	1.8B	1.8B	1.4B	1.2B	2.2B
Short Term Investments	104.9M	99.7M	93.2M	104.5M	118.6M	124.5M
Net Tangible Assets	(9.4M)	(757.1M)	896.5M	891.6M	1.0B	1.1B
Long Term Debt Total	1.7B	1.7B	1.0B	636.4M	731.8M	1.1B

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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 Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.

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

(1.19)

Revenue Per Share

24.156

Quarterly Revenue Growth

0.012

Return On Assets

0.0525

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.

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Mednax Net Receivables vs Short Term Investments Analysis

Net Receivables vs Short Term Investments

Net Receivables vs Short Term Investments Correlation Analysis

Correlation Coefficient

Net Receivables

Short Term Investments

Mednax fundamental ratios Correlations

Mednax Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Mednax fundamental ratios Accounts

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COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Liab	+ 1.0	Non Current Liabilities Total
Non Current Liabilities Total	+ 0.99	Short Long Term Debt Total
Total Liab	+ 0.99	Short Long Term Debt Total
Cash And Short Term Investments	+ 0.99	Cash
Common Stock	+ 0.99	Common Stock Total Equity
Non Current Assets Total	+ 0.98	Total Assets

Non Currrent Assets Other	- 0.94	Property Plant And Equipment Net
Short Term Debt	- 0.69	Retained Earnings
Short Term Debt	- 0.57	Accounts Payable
Short Term Debt	- 0.56	Total Stockholder Equity
Cash And Short Term Investments	- 0.51	Retained Earnings
Other Assets	- 0.48	Other Current Liab