| PHA Stock | | | CAD 0.14 0.01 7.69% |
Premier Health financial indicator trend analysis is much more than just breaking down Premier Health prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Premier Health is a good investment. Please check the relationship between Premier Health Net Income From Continuing Ops and its Tax Provision accounts. Check out
Your Equity Center to better understand how to build diversified portfolios, which includes a position in Premier Health of. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in board of governors.
Net Income From Continuing Ops vs Tax Provision
Net Income From Continuing Ops vs Tax Provision Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Premier Health Net Income From Continuing Ops account and
Tax Provision. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Premier Health's Net Income From Continuing Ops and Tax Provision is -0.44. Overlapping area represents the amount of variation of Net Income From Continuing Ops that can explain the historical movement of Tax Provision in the same time period over historical financial statements of Premier Health of, assuming nothing else is changed. The correlation between historical values of Premier Health's Net Income From Continuing Ops and Tax Provision 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 From Continuing Ops of Premier Health of are associated (or correlated) with its Tax Provision. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Tax Provision has no effect on the direction of Net Income From Continuing Ops i.e., Premier Health's Net Income From Continuing Ops and Tax Provision go up and down completely randomly.
Correlation Coefficient | -0.44 |
| Relationship Direction | Negative |
| Relationship Strength | Very Weak |
Net Income From Continuing Ops
Tax Provision
The amount set aside by a company to cover any estimated taxes for the current period. It reflects the company's expected tax liabilities.
Most indicators from Premier Health's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Premier Health 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
Your Equity Center to better understand how to build diversified portfolios, which includes a position in Premier Health of. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in board of governors.
At this time, Premier Health's
Selling General Administrative is fairly stable compared to the past year.
Sales General And Administrative To Revenue is likely to climb to 0.21 in 2024, whereas Tax Provision is likely to drop slightly above 1.1
M in 2024.
Premier Health fundamental ratios Correlations
Click cells to compare fundamentals
Premier Health Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Premier Health fundamental ratios Accounts
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Additional Tools for Premier Stock Analysis
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measure Premier 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 Premier Health is operating at the current time. Most of Premier Health's value examination focuses on studying past and present price action to
predict the probability of Premier 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 Premier Health's price. Additionally, you may evaluate how the addition of Premier Health to your portfolios can decrease your overall portfolio volatility.