PIIIW Stock | | | USD 0.01 0 21.17% |
P3 Health financial indicator trend analysis is much more than just breaking down P3 Health Partners prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether P3 Health Partners is a good investment. Please check the relationship between P3 Health Capital Lease Obligations and its Good Will accounts. Check out
Your Equity Center to better understand how to build diversified portfolios, which includes a position in P3 Health Partners. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in gross domestic product.
Capital Lease Obligations vs Good Will
Capital Lease Obligations vs Good Will Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
P3 Health Partners Capital Lease Obligations account and
Good Will. At this time, the significance of the direction appears to have very strong relationship.
The correlation between P3 Health's Capital Lease Obligations and Good Will is 0.88. Overlapping area represents the amount of variation of Capital Lease Obligations that can explain the historical movement of Good Will in the same time period over historical financial statements of P3 Health Partners, assuming nothing else is changed. The correlation between historical values of P3 Health's Capital Lease Obligations and Good Will is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Capital Lease Obligations of P3 Health Partners are associated (or correlated) with its Good Will. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Good Will has no effect on the direction of Capital Lease Obligations i.e., P3 Health's Capital Lease Obligations and Good Will go up and down completely randomly.
Correlation Coefficient | 0.88 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Capital Lease Obligations
P3 Health Partners capital lease obligations are the amount due for long-term lease agreements that are nearly equivalent to P3 Health asset purchases. For example, P3 Health can use a capital lease to finance the purchase of an asset without ever buying it. A capital lease gives companies such as P3 Health control over an asset for a big portion of its life. The total obligations of a company under capital leases, which are lease agreements that transfer substantially all risks and rewards of ownership to the lessee.
Good Will
An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.
Most indicators from P3 Health's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into P3 Health Partners 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 P3 Health Partners. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in gross domestic product.
At this time, P3 Health's
Tax Provision is fairly stable compared to the past year.
Sales General And Administrative To Revenue is likely to climb to 0.19 in 2024, whereas
Issuance Of Capital Stock is likely to drop slightly above 65.1
M in 2024.
P3 Health fundamental ratios Correlations
Click cells to compare fundamentals
P3 Health Account Relationship Matchups
High Positive Relationship
High Negative Relationship
P3 Health fundamental ratios Accounts
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Additional Tools for PIIIW Stock Analysis
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measure P3 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 P3 Health is operating at the current time. Most of P3 Health's value examination focuses on studying past and present price action to
predict the probability of P3 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 P3 Health's price. Additionally, you may evaluate how the addition of P3 Health to your portfolios can decrease your overall portfolio volatility.