NorthWest Payables Turnover vs Operating Cash Flow Per Share Analysis

NWH-UN Stock

CAD 4.86 0.25 5.42%

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

Payables Turnover vs Operating Cash Flow Per Share

Payables Turnover vs Operating Cash Flow Per Share Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of NorthWest Healthcare Payables Turnover account and Operating Cash Flow Per Share. At this time, the significance of the direction appears to have weak relationship.

The correlation between NorthWest Healthcare's Payables Turnover and Operating Cash Flow Per Share is 0.33. Overlapping area represents the amount of variation of Payables Turnover that can explain the historical movement of Operating Cash Flow Per Share in the same time period over historical financial statements of NorthWest Healthcare Properties, assuming nothing else is changed. The correlation between historical values of NorthWest Healthcare's Payables Turnover and Operating Cash Flow Per Share is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Payables Turnover of NorthWest Healthcare Properties are associated (or correlated) with its Operating Cash Flow Per Share. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Operating Cash Flow Per Share has no effect on the direction of Payables Turnover i.e., NorthWest Healthcare's Payables Turnover and Operating Cash Flow Per Share go up and down completely randomly.

Correlation Coefficient

0.33

Relationship Direction	Positive
Relationship Strength	Very Weak

View All Relationships

Payables Turnover

A liquidity ratio that shows how quickly a company pays off its suppliers by dividing total purchases by average accounts payable.

Operating Cash Flow Per Share

A measure of the cash generated from a company's normal business operations per share, indicating how much cash is generated from a company's business operations on a per-share basis.

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

At present, NorthWest Healthcare's Selling General Administrative is projected to increase significantly based on the last few years of reporting. The current year's Enterprise Value is expected to grow to about 4.8 B, whereas Tax Provision is projected to grow to (15.6 M).

	2022	2023	2024	2025 (projected)
Total Revenue	448.8M	508.0M	584.2M	300.9M
Interest Expense	163.9M	233.9M	268.9M	282.4M

Total Revenue Interest Expense

NorthWest Healthcare 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	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	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Other Liab	Net Tangible Assets	Retained Earnings	Other Assets	Long Term Debt	Good Will
Total Assets		0.89	0.25	0.91	0.96	-0.72	0.88	0.88	0.64	0.91	0.71	0.64	0.84	0.87	0.97	0.39	0.46	-0.61	0.99	0.62	0.89	0.85	-0.14	0.81	0.96	0.4
Short Long Term Debt Total	0.89		0.03	0.75	0.82	-0.72	1.0	0.99	0.57	0.99	0.82	0.57	0.73	0.96	0.89	0.63	0.34	-0.49	0.9	0.5	0.97	0.93	-0.38	0.9	0.9	0.42
Other Current Liab	0.25	0.03		0.51	0.46	-0.05	0.03	0.11	0.07	0.14	0.1	0.07	0.24	0.21	0.04	-0.42	0.5	-0.25	0.13	0.44	0.13	0.28	0.34	0.22	0.03	-0.35
Total Current Liabilities	0.91	0.75	0.51		0.95	-0.56	0.75	0.78	0.53	0.8	0.67	0.53	0.72	0.81	0.79	0.09	0.69	-0.59	0.85	0.76	0.8	0.81	0.09	0.76	0.79	0.25
Total Stockholder Equity	0.96	0.82	0.46	0.95		-0.59	0.81	0.84	0.58	0.87	0.7	0.58	0.83	0.88	0.86	0.26	0.5	-0.53	0.91	0.61	0.86	0.88	-0.09	0.83	0.85	0.21
Property Plant And Equipment Net	-0.72	-0.72	-0.05	-0.56	-0.59		-0.72	-0.67	-0.48	-0.72	-0.48	-0.48	-0.6	-0.62	-0.77	-0.4	-0.2	0.54	-0.75	-0.38	-0.7	-0.61	0.05	-0.59	-0.77	-0.51
Net Debt	0.88	1.0	0.03	0.75	0.81	-0.72		0.99	0.55	0.99	0.84	0.55	0.72	0.96	0.89	0.63	0.35	-0.47	0.89	0.49	0.96	0.93	-0.38	0.9	0.89	0.42
Accounts Payable	0.88	0.99	0.11	0.78	0.84	-0.67	0.99		0.58	0.98	0.81	0.58	0.69	0.98	0.86	0.6	0.42	-0.51	0.88	0.55	0.96	0.95	-0.43	0.9	0.87	0.3
Cash	0.64	0.57	0.07	0.53	0.58	-0.48	0.55	0.58		0.57	0.11	1.0	0.68	0.56	0.65	0.29	0.17	-0.86	0.64	0.48	0.64	0.52	-0.21	0.38	0.64	0.28
Non Current Assets Total	0.91	0.99	0.14	0.8	0.87	-0.72	0.99	0.98	0.57		0.82	0.57	0.77	0.98	0.88	0.57	0.36	-0.49	0.9	0.51	0.98	0.96	-0.32	0.92	0.89	0.38
Non Currrent Assets Other	0.71	0.82	0.1	0.67	0.7	-0.48	0.84	0.81	0.11	0.82		0.11	0.58	0.8	0.67	0.58	0.39	-0.1	0.7	0.41	0.79	0.82	-0.25	0.91	0.69	0.36
Cash And Short Term Investments	0.64	0.57	0.07	0.53	0.58	-0.48	0.55	0.58	1.0	0.57	0.11		0.68	0.56	0.65	0.29	0.17	-0.86	0.64	0.48	0.64	0.52	-0.21	0.38	0.64	0.28
Net Receivables	0.84	0.73	0.24	0.72	0.83	-0.6	0.72	0.69	0.68	0.77	0.58	0.68		0.73	0.8	0.44	0.17	-0.57	0.81	0.43	0.8	0.72	-0.02	0.75	0.78	0.51
Common Stock Shares Outstanding	0.87	0.96	0.21	0.81	0.88	-0.62	0.96	0.98	0.56	0.98	0.8	0.56	0.73		0.81	0.54	0.38	-0.44	0.84	0.5	0.96	0.99	-0.39	0.92	0.83	0.23
Non Current Liabilities Total	0.97	0.89	0.04	0.79	0.86	-0.77	0.89	0.86	0.65	0.88	0.67	0.65	0.8	0.81		0.5	0.36	-0.62	0.99	0.55	0.86	0.78	-0.22	0.75	0.99	0.51
Inventory	0.39	0.63	-0.42	0.09	0.26	-0.4	0.63	0.6	0.29	0.57	0.58	0.29	0.44	0.54	0.5		-0.18	-0.1	0.45	0.02	0.55	0.52	-0.73	0.62	0.52	0.41
Other Current Assets	0.46	0.34	0.5	0.69	0.5	-0.2	0.35	0.42	0.17	0.36	0.39	0.17	0.17	0.38	0.36	-0.18		-0.52	0.43	0.93	0.34	0.39	0.18	0.4	0.36	0.04
Other Stockholder Equity	-0.61	-0.49	-0.25	-0.59	-0.53	0.54	-0.47	-0.51	-0.86	-0.49	-0.1	-0.86	-0.57	-0.44	-0.62	-0.1	-0.52		-0.62	-0.78	-0.52	-0.4	-0.04	-0.32	-0.59	-0.36
Total Liab	0.99	0.9	0.13	0.85	0.91	-0.75	0.89	0.88	0.64	0.9	0.7	0.64	0.81	0.84	0.99	0.45	0.43	-0.62		0.6	0.88	0.82	-0.18	0.79	0.99	0.46
Total Current Assets	0.62	0.5	0.44	0.76	0.61	-0.38	0.49	0.55	0.48	0.51	0.41	0.48	0.43	0.5	0.55	0.02	0.93	-0.78	0.6		0.51	0.49	0.12	0.51	0.55	0.26
Other Liab	0.89	0.97	0.13	0.8	0.86	-0.7	0.96	0.96	0.64	0.98	0.79	0.64	0.8	0.96	0.86	0.55	0.34	-0.52	0.88	0.51		0.96	-0.3	0.91	0.88	0.35
Net Tangible Assets	0.85	0.93	0.28	0.81	0.88	-0.61	0.93	0.95	0.52	0.96	0.82	0.52	0.72	0.99	0.78	0.52	0.39	-0.4	0.82	0.49	0.96		-0.37	0.95	0.8	0.17
Retained Earnings	-0.14	-0.38	0.34	0.09	-0.09	0.05	-0.38	-0.43	-0.21	-0.32	-0.25	-0.21	-0.02	-0.39	-0.22	-0.73	0.18	-0.04	-0.18	0.12	-0.3	-0.37		-0.31	-0.26	0.21
Other Assets	0.81	0.9	0.22	0.76	0.83	-0.59	0.9	0.9	0.38	0.92	0.91	0.38	0.75	0.92	0.75	0.62	0.4	-0.32	0.79	0.51	0.91	0.95	-0.31		0.77	0.33
Long Term Debt	0.96	0.9	0.03	0.79	0.85	-0.77	0.89	0.87	0.64	0.89	0.69	0.64	0.78	0.83	0.99	0.52	0.36	-0.59	0.99	0.55	0.88	0.8	-0.26	0.77		0.48
Good Will	0.4	0.42	-0.35	0.25	0.21	-0.51	0.42	0.3	0.28	0.38	0.36	0.28	0.51	0.23	0.51	0.41	0.04	-0.36	0.46	0.26	0.35	0.17	0.21	0.33	0.48

Click cells to compare fundamentals

NorthWest Healthcare Account Relationship Matchups

NorthWest Healthcare fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	5.8B	7.1B	8.5B	7.6B	8.8B	4.4B
Short Long Term Debt Total	2.8B	2.9B	3.7B	3.9B	4.5B	4.7B
Other Current Liab	36.0M	496.6M	441.7M	(71.1M)	(81.8M)	(77.7M)
Total Current Liabilities	571.8M	752.3M	1.1B	531.6M	611.3M	323.5M
Total Stockholder Equity	1.6B	2.4B	2.5B	2.0B	2.3B	1.2B
Property Plant And Equipment Net	6.4M	6.8M	9.1M	8M	7.2M	6.8M
Net Debt	2.6B	2.9B	3.6B	3.8B	4.4B	4.6B
Accounts Payable	92.3M	90.0M	133.3M	128.7M	148.1M	155.5M
Cash	144.1M	62.7M	88.0M	72.0M	82.8M	60.5M
Non Current Assets Total	5.7B	6.9B	7.4B	7.4B	8.6B	9.0B
Non Currrent Assets Other	7.8M	6.3B	6.7B	6.9B	7.9B	8.3B
Cash And Short Term Investments	144.1M	62.7M	88.0M	72.0M	82.8M	60.5M
Net Receivables	31.5M	73.5M	38.8M	46.0M	52.8M	28.9M
Common Stock Shares Outstanding	200.8M	218.8M	240.4M	244.2M	280.8M	294.8M
Liabilities And Stockholders Equity	5.8B	7.1B	8.5B	7.6B	8.8B	4.4B
Non Current Liabilities Total	2.7B	2.8B	3.7B	3.9B	4.5B	2.3B
Inventory	(15.3M)	(510.0K)	(37.6M)	181.7M	209.0M	219.5M
Other Current Assets	5.9M	7.2M	987.1M	63.7M	73.3M	94.1M
Other Stockholder Equity	39.7M	(1.2B)	(548.8M)	(1.0B)	35.8M	37.5M
Total Liab	3.3B	3.5B	4.8B	4.5B	5.2B	2.6B
Total Current Assets	181.5M	143.4M	1.1B	181.7M	208.9M	211.7M
Other Liab	284.2M	322.2M	287.8M	386.2M	444.1M	466.4M
Net Tangible Assets	819.0M	1.2B	1.5B	2.3B	2.6B	2.8B
Retained Earnings	85.3M	354.2M	229.0M	(277.0M)	(249.3M)	(236.9M)
Other Assets	12.1M	14.7M	14.8M	41.0M	47.1M	49.5M
Long Term Debt	2.3B	2.3B	3.2B	3.5B	4.0B	2.0B
Short Long Term Debt	446.5M	636.0M	506.8M	450.4M	405.3M	299.7M
Short Term Debt	904.8M	637.8M	508.7M	452.5M	520.4M	479.4M
Common Stock	1.7B	2.3B	2.5B	2.5B	2.9B	3.0B
Property Plant Equipment	4.7B	4.9B	5.3B	6.3B	7.2B	7.6B
Intangible Assets	47.3M	47.3M	45.0M	43.8M	50.3M	47.4M
Long Term Investments	298.0M	481.4M	619.6M	439.1M	505.0M	300.7M
Accumulated Other Comprehensive Income	(181.5M)	(291.8M)	(315.8M)	(293.4M)	(264.1M)	(277.3M)
Non Current Liabilities Other	21.5M	23.6M	16.2M	8.7M	7.8M	7.5M
Capital Lease Obligations	12.4M	12.7M	12.9M	14.4M	16.5M	12.0M
Net Invested Capital	4.4B	5.3B	6.1B	5.9B	6.8B	5.2B
Net Working Capital	(408.2M)	(608.9M)	14.4M	(459.8M)	(413.8M)	(393.2M)

Pair Trading with NorthWest Healthcare

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if NorthWest Healthcare position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in NorthWest Healthcare will appreciate offsetting losses from the drop in the long position's value.

Moving together with NorthWest Stock

0.71	EBM	Eastwood Bio Medical	Pair Corr
0.76	DFR	Diamond Fields Resources	Pair Corr

Moving against NorthWest Stock

0.86	OIII	O3 Mining	Pair Corr
0.72	IVS	Inventus Mining Corp	Pair Corr

The ability to find closely correlated positions to NorthWest Healthcare could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace NorthWest Healthcare when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back NorthWest Healthcare - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling NorthWest Healthcare Properties to buy it.

The correlation of NorthWest Healthcare is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as NorthWest Healthcare moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if NorthWest Healthcare moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for NorthWest Healthcare can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

Other Information on Investing in NorthWest Stock

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

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NorthWest Payables Turnover vs Operating Cash Flow Per Share Analysis

Payables Turnover vs Operating Cash Flow Per Share

Payables Turnover vs Operating Cash Flow Per Share Correlation Analysis

Correlation Coefficient

Payables Turnover

Operating Cash Flow Per Share

NorthWest Healthcare fundamental ratios Correlations

NorthWest Healthcare Account Relationship Matchups

High Positive Relationship

High Negative Relationship

NorthWest Healthcare fundamental ratios Accounts

Pair Trading with NorthWest Healthcare

Moving together with NorthWest Stock

Moving against NorthWest Stock

Other Information on Investing in NorthWest Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Net Debt	+ 1.0	Short Long Term Debt Total
Cash And Short Term Investments	+ 1.0	Cash
Total Liab	+ 0.99	Total Assets
Accounts Payable	+ 0.99	Short Long Term Debt Total
Non Current Assets Total	+ 0.99	Short Long Term Debt Total
Accounts Payable	+ 0.99	Net Debt

Other Stockholder Equity	- 0.86	Cash And Short Term Investments
Other Stockholder Equity	- 0.86	Cash
Total Current Assets	- 0.78	Other Stockholder Equity
Long Term Debt	- 0.77	Property Plant And Equipment Net
Non Current Liabilities Total	- 0.77	Property Plant And Equipment Net
Total Liab	- 0.75	Property Plant And Equipment Net