NorthWest Price To Sales Ratio vs Capex To Revenue 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 Price To Sales Ratio and its Capex To Revenue 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.

Price To Sales Ratio vs Capex To Revenue

Price To Sales Ratio vs Capex To Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of NorthWest Healthcare Price To Sales Ratio account and Capex To Revenue. At this time, the significance of the direction appears to have almost no relationship.
The correlation between NorthWest Healthcare's Price To Sales Ratio and Capex To Revenue is 0.13. Overlapping area represents the amount of variation of Price To Sales Ratio that can explain the historical movement of Capex To Revenue 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 Price To Sales Ratio and Capex To Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Price To Sales Ratio of NorthWest Healthcare Properties are associated (or correlated) with its Capex To Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capex To Revenue has no effect on the direction of Price To Sales Ratio i.e., NorthWest Healthcare's Price To Sales Ratio and Capex To Revenue go up and down completely randomly.

Correlation Coefficient

0.13
Relationship DirectionPositive 
Relationship StrengthInsignificant

Price To Sales Ratio

Price to Sales Ratio is figured by comparing NorthWest Healthcare stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on NorthWest Healthcare sales, a figure that is much harder to manipulate than other NorthWest Healthcare Properties multiples. Because sales tend to be more stable P/S ratio can be a good tool for screening cyclical companies fluctuating earnings patterns. A valuation ratio that compares a company's stock price to its revenues, calculated by dividing the company's market cap by its total sales or revenue over a 12-month period.

Capex To Revenue

The ratio of a company's capital expenditures to its total revenue, indicating how much of the revenue is used for acquiring or maintaining physical assets.
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 Revenue448.8M508.0M584.2M300.9M
Interest Expense163.9M233.9M268.9M282.4M

NorthWest Healthcare fundamental ratios Correlations

0.890.250.910.96-0.720.880.880.640.910.710.640.840.870.970.390.46-0.610.990.620.890.85-0.140.810.960.4
0.890.030.750.82-0.721.00.990.570.990.820.570.730.960.890.630.34-0.490.90.50.970.93-0.380.90.90.42
0.250.030.510.46-0.050.030.110.070.140.10.070.240.210.04-0.420.5-0.250.130.440.130.280.340.220.03-0.35
0.910.750.510.95-0.560.750.780.530.80.670.530.720.810.790.090.69-0.590.850.760.80.810.090.760.790.25
0.960.820.460.95-0.590.810.840.580.870.70.580.830.880.860.260.5-0.530.910.610.860.88-0.090.830.850.21
-0.72-0.72-0.05-0.56-0.59-0.72-0.67-0.48-0.72-0.48-0.48-0.6-0.62-0.77-0.4-0.20.54-0.75-0.38-0.7-0.610.05-0.59-0.77-0.51
0.881.00.030.750.81-0.720.990.550.990.840.550.720.960.890.630.35-0.470.890.490.960.93-0.380.90.890.42
0.880.990.110.780.84-0.670.990.580.980.810.580.690.980.860.60.42-0.510.880.550.960.95-0.430.90.870.3
0.640.570.070.530.58-0.480.550.580.570.111.00.680.560.650.290.17-0.860.640.480.640.52-0.210.380.640.28
0.910.990.140.80.87-0.720.990.980.570.820.570.770.980.880.570.36-0.490.90.510.980.96-0.320.920.890.38
0.710.820.10.670.7-0.480.840.810.110.820.110.580.80.670.580.39-0.10.70.410.790.82-0.250.910.690.36
0.640.570.070.530.58-0.480.550.581.00.570.110.680.560.650.290.17-0.860.640.480.640.52-0.210.380.640.28
0.840.730.240.720.83-0.60.720.690.680.770.580.680.730.80.440.17-0.570.810.430.80.72-0.020.750.780.51
0.870.960.210.810.88-0.620.960.980.560.980.80.560.730.810.540.38-0.440.840.50.960.99-0.390.920.830.23
0.970.890.040.790.86-0.770.890.860.650.880.670.650.80.810.50.36-0.620.990.550.860.78-0.220.750.990.51
0.390.63-0.420.090.26-0.40.630.60.290.570.580.290.440.540.5-0.18-0.10.450.020.550.52-0.730.620.520.41
0.460.340.50.690.5-0.20.350.420.170.360.390.170.170.380.36-0.18-0.520.430.930.340.390.180.40.360.04
-0.61-0.49-0.25-0.59-0.530.54-0.47-0.51-0.86-0.49-0.1-0.86-0.57-0.44-0.62-0.1-0.52-0.62-0.78-0.52-0.4-0.04-0.32-0.59-0.36
0.990.90.130.850.91-0.750.890.880.640.90.70.640.810.840.990.450.43-0.620.60.880.82-0.180.790.990.46
0.620.50.440.760.61-0.380.490.550.480.510.410.480.430.50.550.020.93-0.780.60.510.490.120.510.550.26
0.890.970.130.80.86-0.70.960.960.640.980.790.640.80.960.860.550.34-0.520.880.510.96-0.30.910.880.35
0.850.930.280.810.88-0.610.930.950.520.960.820.520.720.990.780.520.39-0.40.820.490.96-0.370.950.80.17
-0.14-0.380.340.09-0.090.05-0.38-0.43-0.21-0.32-0.25-0.21-0.02-0.39-0.22-0.730.18-0.04-0.180.12-0.3-0.37-0.31-0.260.21
0.810.90.220.760.83-0.590.90.90.380.920.910.380.750.920.750.620.4-0.320.790.510.910.95-0.310.770.33
0.960.90.030.790.85-0.770.890.870.640.890.690.640.780.830.990.520.36-0.590.990.550.880.8-0.260.770.48
0.40.42-0.350.250.21-0.510.420.30.280.380.360.280.510.230.510.410.04-0.360.460.260.350.170.210.330.48
Click cells to compare fundamentals

NorthWest Healthcare Account Relationship Matchups

NorthWest Healthcare fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets5.8B7.1B8.5B7.6B8.8B4.4B
Short Long Term Debt Total2.8B2.9B3.7B3.9B4.5B4.7B
Other Current Liab36.0M496.6M441.7M(71.1M)(81.8M)(77.7M)
Total Current Liabilities571.8M752.3M1.1B531.6M611.3M323.5M
Total Stockholder Equity1.6B2.4B2.5B2.0B2.3B1.2B
Property Plant And Equipment Net6.4M6.8M9.1M8M7.2M6.8M
Net Debt2.6B2.9B3.6B3.8B4.4B4.6B
Accounts Payable92.3M90.0M133.3M128.7M148.1M155.5M
Cash144.1M62.7M88.0M72.0M82.8M60.5M
Non Current Assets Total5.7B6.9B7.4B7.4B8.6B9.0B
Non Currrent Assets Other7.8M6.3B6.7B6.9B7.9B8.3B
Cash And Short Term Investments144.1M62.7M88.0M72.0M82.8M60.5M
Net Receivables31.5M73.5M38.8M46.0M52.8M28.9M
Common Stock Shares Outstanding200.8M218.8M240.4M244.2M280.8M294.8M
Liabilities And Stockholders Equity5.8B7.1B8.5B7.6B8.8B4.4B
Non Current Liabilities Total2.7B2.8B3.7B3.9B4.5B2.3B
Inventory(15.3M)(510.0K)(37.6M)181.7M209.0M219.5M
Other Current Assets5.9M7.2M987.1M63.7M73.3M94.1M
Other Stockholder Equity39.7M(1.2B)(548.8M)(1.0B)35.8M37.5M
Total Liab3.3B3.5B4.8B4.5B5.2B2.6B
Total Current Assets181.5M143.4M1.1B181.7M208.9M211.7M
Other Liab284.2M322.2M287.8M386.2M444.1M466.4M
Net Tangible Assets819.0M1.2B1.5B2.3B2.6B2.8B
Retained Earnings85.3M354.2M229.0M(277.0M)(249.3M)(236.9M)
Other Assets12.1M14.7M14.8M41.0M47.1M49.5M
Long Term Debt2.3B2.3B3.2B3.5B4.0B2.0B
Short Long Term Debt446.5M636.0M506.8M450.4M405.3M299.7M
Short Term Debt904.8M637.8M508.7M452.5M520.4M479.4M
Common Stock1.7B2.3B2.5B2.5B2.9B3.0B
Property Plant Equipment4.7B4.9B5.3B6.3B7.2B7.6B
Intangible Assets47.3M47.3M45.0M43.8M50.3M47.4M
Long Term Investments298.0M481.4M619.6M439.1M505.0M300.7M
Accumulated Other Comprehensive Income(181.5M)(291.8M)(315.8M)(293.4M)(264.1M)(277.3M)
Non Current Liabilities Other21.5M23.6M16.2M8.7M7.8M7.5M
Capital Lease Obligations12.4M12.7M12.9M14.4M16.5M12.0M
Net Invested Capital4.4B5.3B6.1B5.9B6.8B5.2B
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

  0.71EBM Eastwood Bio MedicalPairCorr
  0.76DFR Diamond Fields ResourcesPairCorr

Moving against NorthWest Stock

  0.86OIII O3 MiningPairCorr
  0.72IVS Inventus Mining CorpPairCorr
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 CorrelationCorrelation 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.