Medplus Depreciation vs Other Non Cash Items Analysis

MEDPLUS Stock

782.70 20.65 2.71%

Medplus Health financial indicator trend analysis is infinitely more than just investigating Medplus Health Services recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Medplus Health Services is a good investment. Please check the relationship between Medplus Health Depreciation and its Other Non Cash Items accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Medplus Health Services. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.

Depreciation vs Other Non Cash Items

Depreciation vs Other Non Cash Items Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Medplus Health Services Depreciation account and Other Non Cash Items. At this time, the significance of the direction appears to have strong relationship.

The correlation between Medplus Health's Depreciation and Other Non Cash Items is 0.72. Overlapping area represents the amount of variation of Depreciation that can explain the historical movement of Other Non Cash Items in the same time period over historical financial statements of Medplus Health Services, assuming nothing else is changed. The correlation between historical values of Medplus Health's Depreciation and Other Non Cash Items is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Depreciation of Medplus Health Services are associated (or correlated) with its Other Non Cash Items. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Non Cash Items has no effect on the direction of Depreciation i.e., Medplus Health's Depreciation and Other Non Cash Items go up and down completely randomly.

Correlation Coefficient

0.72

Relationship Direction	Positive
Relationship Strength	Significant

View All Relationships

Depreciation

Depreciation indicates how much of Medplus Health Services value has been used up. For tax purposes Medplus Health can deduct the cost of the tangible assets it purchases as business expenses. However, Medplus Health Services must depreciate these assets in accordance with IRS rules about how and when the deduction may be taken, and how long it will last. The systematic allocation of the cost of a tangible asset over its useful life.

Other Non Cash Items

Most indicators from Medplus Health's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Medplus Health Services 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 Medplus Health Services. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.

At this time, Medplus Health's Tax Provision is comparatively stable compared to the past year. Selling General Administrative is likely to gain to about 6.6 B in 2024, whereas Issuance Of Capital Stock is likely to drop slightly above 68.7 M in 2024.

	2021	2022	2023	2024 (projected)
Depreciation And Amortization	1.2B	1.8B	2.2B	1.4B
Interest Income	137.3M	277.9M	319.6M	335.5M

Depreciation And Amortization Interest Income

Medplus Health fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Net Tangible Assets	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Cash And Short Term Investments	Net Receivables	Good Will	Common Stock Shares Outstanding	Short Term Investments	Non Current Liabilities Total	Capital Lease Obligations	Inventory	Other Current Assets	Other Stockholder Equity
Total Assets		0.99	0.98	0.91	1.0	0.93	0.97	0.97	-0.14	0.95	0.92	0.9	0.66	0.97	0.46	-0.7	0.75	-0.36	-0.51	-0.01	0.5	0.98	0.98	0.98	0.8	0.96
Short Long Term Debt Total	0.99		0.98	0.87	0.99	0.91	0.96	0.99	-0.21	0.97	0.94	0.87	0.64	0.99	0.4	-0.74	0.69	-0.41	-0.54	0.06	0.45	0.99	0.99	0.98	0.79	0.96
Other Current Liab	0.98	0.98		0.89	0.98	0.94	0.95	0.98	-0.17	0.91	0.92	0.92	0.74	0.98	0.33	-0.77	0.66	-0.44	-0.54	-0.11	0.37	0.98	0.98	0.99	0.81	0.92
Total Current Liabilities	0.91	0.87	0.89		0.91	0.92	0.92	0.81	-0.15	0.86	0.83	0.93	0.52	0.81	0.61	-0.51	0.84	-0.07	-0.55	-0.31	0.63	0.83	0.82	0.88	0.57	0.86
Total Stockholder Equity	1.0	0.99	0.98	0.91		0.93	0.96	0.97	-0.11	0.95	0.9	0.89	0.65	0.97	0.5	-0.67	0.78	-0.35	-0.48	0.0	0.53	0.97	0.97	0.98	0.79	0.96
Other Liab	0.93	0.91	0.94	0.92	0.93		0.9	0.86	-0.1	0.84	0.82	0.87	0.71	0.86	0.43	-0.58	0.7	-0.36	-0.46	-0.31	0.44	0.88	0.88	0.95	0.67	0.81
Net Tangible Assets	0.97	0.96	0.95	0.92	0.96	0.9		0.93	-0.29	0.93	0.97	0.88	0.62	0.93	0.43	-0.73	0.74	-0.37	-0.69	-0.01	0.48	0.94	0.94	0.95	0.74	0.92
Property Plant And Equipment Net	0.97	0.99	0.98	0.81	0.97	0.86	0.93		-0.2	0.93	0.92	0.86	0.69	1.0	0.29	-0.8	0.6	-0.47	-0.51	0.1	0.34	1.0	1.0	0.97	0.84	0.95
Current Deferred Revenue	-0.14	-0.21	-0.17	-0.15	-0.11	-0.1	-0.29	-0.2		-0.31	-0.46	-0.06	0.19	-0.21	0.27	0.45	0.2	0.13	0.81	-0.22	0.23	-0.2	-0.22	-0.21	0.2	-0.1
Net Debt	0.95	0.97	0.91	0.86	0.95	0.84	0.93	0.93	-0.31		0.91	0.8	0.42	0.94	0.51	-0.63	0.72	-0.24	-0.55	0.17	0.56	0.94	0.94	0.92	0.64	0.95
Retained Earnings	0.92	0.94	0.92	0.83	0.9	0.82	0.97	0.92	-0.46	0.91		0.81	0.58	0.92	0.27	-0.83	0.59	-0.44	-0.8	0.1	0.32	0.92	0.93	0.92	0.7	0.87
Accounts Payable	0.9	0.87	0.92	0.93	0.89	0.87	0.88	0.86	-0.06	0.8	0.81		0.67	0.86	0.42	-0.66	0.72	-0.15	-0.49	-0.32	0.46	0.86	0.86	0.88	0.73	0.88
Cash	0.66	0.64	0.74	0.52	0.65	0.71	0.62	0.69	0.19	0.42	0.58	0.67		0.68	-0.1	-0.71	0.31	-0.74	-0.27	-0.29	-0.09	0.69	0.68	0.72	0.87	0.54
Non Current Assets Total	0.97	0.99	0.98	0.81	0.97	0.86	0.93	1.0	-0.21	0.94	0.92	0.86	0.68		0.29	-0.8	0.6	-0.47	-0.53	0.1	0.34	1.0	1.0	0.97	0.83	0.95
Non Currrent Assets Other	0.46	0.4	0.33	0.61	0.5	0.43	0.43	0.29	0.27	0.51	0.27	0.42	-0.1	0.29		0.26	0.9	0.48	0.06	-0.04	0.99	0.31	0.3	0.33	0.14	0.53
Other Assets	-0.7	-0.74	-0.77	-0.51	-0.67	-0.58	-0.73	-0.8	0.45	-0.63	-0.83	-0.66	-0.71	-0.8	0.26		-0.15	0.68	0.73	-0.1	0.19	-0.79	-0.8	-0.75	-0.74	-0.65
Cash And Short Term Investments	0.75	0.69	0.66	0.84	0.78	0.7	0.74	0.6	0.2	0.72	0.59	0.72	0.31	0.6	0.9	-0.15		0.14	-0.21	-0.09	0.91	0.62	0.61	0.64	0.51	0.78
Net Receivables	-0.36	-0.41	-0.44	-0.07	-0.35	-0.36	-0.37	-0.47	0.13	-0.24	-0.44	-0.15	-0.74	-0.47	0.48	0.68	0.14		0.32	-0.19	0.47	-0.47	-0.46	-0.47	-0.62	-0.22
Good Will	-0.51	-0.54	-0.54	-0.55	-0.48	-0.46	-0.69	-0.51	0.81	-0.55	-0.8	-0.49	-0.27	-0.53	0.06	0.73	-0.21	0.32		-0.03	0.01	-0.52	-0.53	-0.54	-0.26	-0.44
Common Stock Shares Outstanding	-0.01	0.06	-0.11	-0.31	0.0	-0.31	-0.01	0.1	-0.22	0.17	0.1	-0.32	-0.29	0.1	-0.04	-0.1	-0.09	-0.19	-0.03		0.02	0.08	0.08	-0.08	0.1	0.13
Short Term Investments	0.5	0.45	0.37	0.63	0.53	0.44	0.48	0.34	0.23	0.56	0.32	0.46	-0.09	0.34	0.99	0.19	0.91	0.47	0.01	0.02		0.36	0.35	0.36	0.19	0.59
Non Current Liabilities Total	0.98	0.99	0.98	0.83	0.97	0.88	0.94	1.0	-0.2	0.94	0.92	0.86	0.69	1.0	0.31	-0.79	0.62	-0.47	-0.52	0.08	0.36		1.0	0.98	0.83	0.95
Capital Lease Obligations	0.98	0.99	0.98	0.82	0.97	0.88	0.94	1.0	-0.22	0.94	0.93	0.86	0.68	1.0	0.3	-0.8	0.61	-0.46	-0.53	0.08	0.35	1.0		0.98	0.82	0.95
Inventory	0.98	0.98	0.99	0.88	0.98	0.95	0.95	0.97	-0.21	0.92	0.92	0.88	0.72	0.97	0.33	-0.75	0.64	-0.47	-0.54	-0.08	0.36	0.98	0.98		0.78	0.91
Other Current Assets	0.8	0.79	0.81	0.57	0.79	0.67	0.74	0.84	0.2	0.64	0.7	0.73	0.87	0.83	0.14	-0.74	0.51	-0.62	-0.26	0.1	0.19	0.83	0.82	0.78		0.79
Other Stockholder Equity	0.96	0.96	0.92	0.86	0.96	0.81	0.92	0.95	-0.1	0.95	0.87	0.88	0.54	0.95	0.53	-0.65	0.78	-0.22	-0.44	0.13	0.59	0.95	0.95	0.91	0.79

Click cells to compare fundamentals

Medplus Health Account Relationship Matchups

Medplus Health fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	13.5B	15.7B	25.9B	28.0B	30.0B	22.5B
Short Long Term Debt Total	4.8B	5.9B	8.1B	9.0B	10.1B	7.7B
Other Current Liab	678.1M	655.8M	861.4M	1.1B	1.2B	893.8M
Total Current Liabilities	4.8B	4.1B	5.6B	4.8B	5.3B	5.2B
Total Stockholder Equity	5.3B	7.3B	14.2B	14.9B	15.8B	11.1B
Property Plant And Equipment Net	3.8B	4.8B	7.7B	11.1B	12.0B	7.8B
Current Deferred Revenue	820.1M	710.4M	853.3M	1.0B	157.7M	149.8M
Net Debt	3.6B	4.8B	7.9B	6.7B	9.2B	6.7B
Retained Earnings	13.7M	661.6M	1.6B	2.1B	3.1B	3.3B
Accounts Payable	2.3B	1.5B	2.5B	2.6B	2.5B	2.4B
Cash	1.1B	1.1B	214.6M	2.3B	912.1M	1.1B
Non Current Assets Total	5.3B	6.4B	9.6B	13.2B	14.4B	9.9B
Non Currrent Assets Other	951.4M	1.2B	7.0B	845.5M	929.4M	882.9M
Other Assets	1.1B	1.2B	1.4B	1.0	0.9	0.86
Cash And Short Term Investments	1.4B	1.5B	6.6B	3.0B	1.7B	2.7B
Net Receivables	286.9M	108.3M	362.4M	86.5M	175.0M	168.8M
Common Stock Shares Outstanding	21.6M	104.2M	112.0M	119.7M	120.0M	109.4M
Short Term Investments	270.3M	423.2M	6.4B	677.6M	738.3M	701.3M
Liabilities And Stockholders Equity	13.5B	15.7B	25.9B	28.0B	30.0B	22.5B
Non Current Liabilities Total	3.4B	4.2B	6.2B	8.3B	9.0B	6.2B
Capital Lease Obligations	3.7B	4.5B	6.7B	9.0B	10.1B	6.8B
Inventory	6.4B	7.5B	9.1B	11.4B	13.4B	9.5B
Other Current Assets	25.8M	131.6M	229.2M	995.8M	326.6M	315.3M
Other Stockholder Equity	2.8B	2.4B	11.8B	11.9B	12.1B	8.0B
Total Liab	8.2B	8.3B	11.8B	13.1B	14.3B	11.4B
Net Invested Capital	6.3B	8.7B	15.6B	14.9B	15.8B	12.0B
Total Current Assets	8.2B	9.2B	16.3B	14.8B	15.7B	12.6B
Accumulated Other Comprehensive Income	2.5B	4.2B	469.9M	660.3M	304.5M	289.3M
Net Working Capital	3.3B	5.1B	10.7B	10.0B	10.4B	7.4B
Short Term Debt	1.6B	1.9B	2.2B	1.0B	1.4B	1.3B
Intangible Assets	39.4M	38.2M	62.5M	75.4M	100.8M	60.2M

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.

TITAN	Titan Company Limited
U	Unity Software
PAYC	Paycom Soft

Additional Tools for Medplus Stock Analysis

When running Medplus Health's price analysis, check to measure Medplus 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 Medplus Health is operating at the current time. Most of Medplus Health's value examination focuses on studying past and present price action to predict the probability of Medplus 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 Medplus Health's price. Additionally, you may evaluate how the addition of Medplus 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

Medplus Depreciation vs Other Non Cash Items Analysis

Depreciation vs Other Non Cash Items

Depreciation vs Other Non Cash Items Correlation Analysis

Correlation Coefficient

Depreciation

Other Non Cash Items

Medplus Health fundamental ratios Correlations

Medplus Health Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Medplus Health fundamental ratios Accounts

Also Currently Popular

Additional Tools for Medplus Stock Analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Stockholder Equity	+ 1.0	Total Assets
Non Current Assets Total	+ 1.0	Property Plant And Equipment Net
Non Current Liabilities Total	+ 1.0	Property Plant And Equipment Net
Capital Lease Obligations	+ 1.0	Property Plant And Equipment Net
Non Current Liabilities Total	+ 1.0	Non Current Assets Total
Capital Lease Obligations	+ 1.0	Non Current Assets Total

Other Assets	- 0.83	Retained Earnings
Capital Lease Obligations	- 0.8	Other Assets
Other Assets	- 0.8	Non Current Assets Total
Good Will	- 0.8	Retained Earnings
Other Assets	- 0.8	Property Plant And Equipment Net
Non Current Liabilities Total	- 0.79	Other Assets