PIIIW Other Non Cash Items vs Net Income Analysis

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 Other Non Cash Items and its Net Income 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.

Other Non Cash Items vs Net Income

Other Non Cash Items vs Net Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of P3 Health Partners Other Non Cash Items account and Net Income. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between P3 Health's Other Non Cash Items and Net Income is -0.62. Overlapping area represents the amount of variation of Other Non Cash Items that can explain the historical movement of Net Income 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 Other Non Cash Items and Net Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Non Cash Items of P3 Health Partners are associated (or correlated) with its Net Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income has no effect on the direction of Other Non Cash Items i.e., P3 Health's Other Non Cash Items and Net Income go up and down completely randomly.

Correlation Coefficient

-0.62
Relationship DirectionNegative 
Relationship StrengthWeak

Other Non Cash Items

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in P3 Health Partners financial statement analysis. It represents the amount of money remaining after all of P3 Health Partners operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.
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.
 2020 2021 2023 2024 (projected)
Interest Expense2.5M2.5B16.0M15.2M
Depreciation And Amortization795.2K87.3K86.7M91.0M

P3 Health fundamental ratios Correlations

0.250.560.60.60.360.77-0.470.71-0.790.23-0.060.220.070.56-0.060.680.650.550.66-0.870.240.780.590.460.49
0.250.760.730.740.930.58-0.730.17-0.290.930.831.00.270.760.830.590.820.780.52-0.160.620.730.760.950.79
0.560.761.00.990.650.79-0.920.72-0.80.820.320.750.571.00.320.960.951.00.91-0.350.640.921.00.850.67
0.60.731.01.00.630.81-0.90.75-0.820.780.280.710.560.990.280.980.950.990.94-0.40.590.931.00.840.64
0.60.740.991.00.650.81-0.880.74-0.820.770.290.720.560.990.290.970.960.990.94-0.430.560.941.00.850.64
0.360.930.650.630.650.71-0.570.04-0.20.770.870.92-0.040.650.870.530.720.670.45-0.330.510.680.660.950.84
0.770.580.790.810.810.71-0.690.52-0.650.550.350.560.00.780.350.860.750.780.75-0.590.530.810.810.790.79
-0.47-0.73-0.92-0.9-0.88-0.57-0.69-0.650.7-0.9-0.37-0.71-0.49-0.93-0.37-0.87-0.85-0.94-0.710.11-0.87-0.82-0.9-0.76-0.76
0.710.170.720.750.740.040.52-0.65-0.980.33-0.370.150.690.72-0.370.810.70.70.84-0.510.290.750.730.320.18
-0.79-0.29-0.8-0.82-0.82-0.2-0.650.7-0.98-0.410.24-0.28-0.62-0.80.24-0.88-0.79-0.78-0.90.6-0.33-0.84-0.81-0.46-0.32
0.230.930.820.780.770.770.55-0.90.33-0.410.70.920.410.830.70.660.820.850.530.020.830.730.80.860.8
-0.060.830.320.280.290.870.35-0.37-0.370.240.70.84-0.220.331.00.130.390.360.010.10.520.30.310.730.74
0.221.00.750.710.720.920.56-0.710.15-0.280.920.840.280.750.840.570.80.770.51-0.140.610.720.740.950.77
0.070.270.570.560.56-0.040.0-0.490.69-0.620.41-0.220.280.57-0.220.50.550.560.63-0.010.130.470.560.22-0.13
0.560.761.00.990.990.650.78-0.930.72-0.80.830.330.750.570.330.960.951.00.9-0.330.660.921.00.850.68
-0.060.830.320.280.290.870.35-0.37-0.370.240.71.00.84-0.220.330.130.390.360.010.10.520.30.310.730.74
0.680.590.960.980.970.530.86-0.870.81-0.880.660.130.570.50.960.130.890.950.94-0.450.570.90.970.750.61
0.650.820.950.950.960.720.75-0.850.7-0.790.820.390.80.550.950.390.890.950.88-0.510.550.980.960.880.67
0.550.781.00.990.990.670.78-0.940.7-0.780.850.360.770.561.00.360.950.950.89-0.320.670.920.990.860.69
0.660.520.910.940.940.450.75-0.710.84-0.90.530.010.510.630.90.010.940.880.89-0.570.30.880.930.690.39
-0.87-0.16-0.35-0.4-0.43-0.33-0.590.11-0.510.60.020.1-0.14-0.01-0.330.1-0.45-0.51-0.32-0.570.2-0.63-0.39-0.36-0.21
0.240.620.640.590.560.510.53-0.870.29-0.330.830.520.610.130.660.520.570.550.670.30.20.510.60.590.83
0.780.730.920.930.940.680.81-0.820.75-0.840.730.30.720.470.920.30.90.980.920.88-0.630.510.930.840.68
0.590.761.01.01.00.660.81-0.90.73-0.810.80.310.740.561.00.310.970.960.990.93-0.390.60.930.860.66
0.460.950.850.840.850.950.79-0.760.32-0.460.860.730.950.220.850.730.750.880.860.69-0.360.590.840.860.83
0.490.790.670.640.640.840.79-0.760.18-0.320.80.740.77-0.130.680.740.610.670.690.39-0.210.830.680.660.83
Click cells to compare fundamentals

P3 Health Account Relationship Matchups

P3 Health fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding47.6M39.5M41.6M41.6M294.6M309.3M

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Additional Tools for PIIIW Stock Analysis

When running P3 Health's price analysis, check to 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.