Worldwide Accounts Payable vs Common Stock Total Equity Analysis
WWH Stock | 332.50 2.50 0.76% |
Worldwide Healthcare financial indicator trend analysis is more than just analyzing Worldwide Healthcare current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Worldwide Healthcare is a good investment. Please check the relationship between Worldwide Healthcare Accounts Payable and its Common Stock Total Equity accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Worldwide Healthcare Trust. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
Accounts Payable vs Common Stock Total Equity
Accounts Payable vs Common Stock Total Equity Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Worldwide Healthcare Accounts Payable account and Common Stock Total Equity. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Worldwide Healthcare's Accounts Payable and Common Stock Total Equity is 0.41. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Common Stock Total Equity in the same time period over historical financial statements of Worldwide Healthcare Trust, assuming nothing else is changed. The correlation between historical values of Worldwide Healthcare's Accounts Payable and Common Stock Total Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Accounts Payable of Worldwide Healthcare Trust are associated (or correlated) with its Common Stock Total Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Total Equity has no effect on the direction of Accounts Payable i.e., Worldwide Healthcare's Accounts Payable and Common Stock Total Equity go up and down completely randomly.
Correlation Coefficient | 0.41 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Accounts Payable
An accounting item on the balance sheet that represents Worldwide Healthcare obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Worldwide Healthcare are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.Common Stock Total Equity
The total value of common stock equity held by shareholders, representing their ownership interest in the company.Most indicators from Worldwide Healthcare's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Worldwide 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 Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Worldwide Healthcare Trust. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis. The current year's Selling General Administrative is expected to grow to about 17.1 M, whereas Tax Provision is forecasted to decline to about 2.5 M.
Worldwide Healthcare fundamental ratios Correlations
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Worldwide Healthcare Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Worldwide Healthcare fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 1.7B | 2.5B | 2.4B | 2.2B | 2.2B | 2.3B | |
Total Stockholder Equity | 1.5B | 2.4B | 2.3B | 2.2B | 2.1B | 2.2B | |
Retained Earnings | 1.1B | 1.6B | 1.4B | 1.3B | 20.8M | 19.8M | |
Cash | 3.8M | 29.6M | 26.6M | 58.9M | 73.8M | 77.5M | |
Other Assets | 3.5M | 18.9M | 283K | 209K | 3.7M | 4.4M | |
Total Liab | 164.7M | 101.2M | 153.2M | 99.2M | 112.8M | 79.0M | |
Common Stock | 13.4M | 16.1M | 16.4M | 16.3M | 15.0M | 13.6M | |
Common Stock Shares Outstanding | 531.5M | 594.9M | 653.1M | 644.7M | 585.3M | 614.6M | |
Other Current Liab | (154.3M) | (49.9M) | (113.6M) | (55.9M) | (68.9M) | (72.4M) | |
Total Current Liabilities | 164.7M | 101.2M | 153.2M | 99.2M | 120.2M | 79.0M | |
Net Debt | 150.5M | 20.3M | 87.0M | (3.0M) | (4.9M) | (4.6M) | |
Non Current Assets Total | 1.7B | 2.4B | 2.4B | 2.2B | 2.1B | 1.1B | |
Non Currrent Assets Other | (3.5M) | (18.9M) | (283K) | (209K) | (2.1B) | (2.0B) | |
Cash And Short Term Investments | 3.8M | 29.6M | 26.6M | 58.9M | 73.8M | 77.5M | |
Net Receivables | 7.9M | 13.0M | 10.6M | 88K | 6.5M | 5.0M | |
Common Stock Total Equity | 12.5M | 13.2M | 13.4M | 16.1M | 18.5M | 13.7M | |
Liabilities And Stockholders Equity | 1.7B | 2.5B | 2.4B | 2.2B | 2.2B | 1.1B | |
Other Stockholder Equity | 397.5M | (661.5M) | (746.3M) | 841.6M | 2.0B | 2.1B | |
Total Current Assets | 18.4M | 47.8M | 41.3M | 63.3M | 84.0M | 88.2M | |
Non Current Liabilities Total | 154.3M | 49.9M | 113.6M | 55.9M | 68.9M | 81.6M | |
Other Current Assets | 14.6M | 18.2M | 14.7M | 4.4M | 10.2M | 11.9M | |
Net Tangible Assets | 1.4B | 1.5B | 2.4B | 2.3B | 2.6B | 1.6B | |
Long Term Investments | 1.7B | 2.4B | 2.4B | 2.2B | 2.1B | 1.8B | |
Capital Surpluse | 317.4M | 389.2M | 418.4M | 796.4M | 915.8M | 474.1M | |
Inventory | (7.9M) | (13.0M) | (10.6M) | (88K) | 82.0M | 86.1M | |
Short Term Investments | (3.5M) | (18.9M) | (283K) | (209K) | (240.4K) | (252.4K) | |
Capital Stock | 13.4M | 16.1M | 16.4M | 16.3M | 15.0M | 16.6M |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Other Information on Investing in Worldwide Stock
Balance Sheet is a snapshot of the financial position of Worldwide Healthcare at a specified time, usually calculated after every quarter, six months, or one year. Worldwide Healthcare Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Worldwide 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 Worldwide currently owns. An asset can also be divided into two categories, current and non-current.