Worldwide Ebit vs Operating Income Analysis

WWH Stock

330.00 4.20 1.29%

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 Ebit and its Operating Income 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.

Ebit vs Operating Income

Ebit vs Operating Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Worldwide Healthcare Ebit account and Operating Income. At this time, the significance of the direction appears to have almost identical trend.

The correlation between Worldwide Healthcare's Ebit and Operating Income is 0.92. Overlapping area represents the amount of variation of Ebit that can explain the historical movement of Operating Income 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 Ebit and Operating 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 Ebit of Worldwide Healthcare Trust are associated (or correlated) with its Operating Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Operating Income has no effect on the direction of Ebit i.e., Worldwide Healthcare's Ebit and Operating Income go up and down completely randomly.

Correlation Coefficient

0.92

Relationship Direction	Positive
Relationship Strength	Very Strong

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Ebit

Operating Income

Operating Income is the amount of profit realized from Worldwide Healthcare operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Worldwide Healthcare Trust is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.

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

	Total Assets	Total Stockholder Equity	Other Liab	Retained Earnings	Cash	Other Assets	Total Liab	Common Stock	Accounts Payable	Common Stock Shares Outstanding	Other Current Liab	Total Current Liabilities	Net Debt	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Total Equity	Other Stockholder Equity	Total Current Assets	Short Long Term Debt Total	Non Current Liabilities Total	Other Current Assets	Short Term Debt	Net Tangible Assets	Long Term Investments
Total Assets		1.0	-0.29	0.56	0.69	0.09	0.45	0.94	0.55	0.91	-0.65	0.53	-0.14	0.92	-0.06	0.73	0.19	0.89	0.27	0.8	0.26	0.25	0.04	0.37	0.89	0.94
Total Stockholder Equity	1.0		-0.3	0.56	0.71	0.11	0.41	0.94	0.55	0.92	-0.65	0.5	-0.17	0.91	-0.06	0.74	0.18	0.9	0.27	0.81	0.26	0.21	0.05	0.36	0.9	0.94
Other Liab	-0.29	-0.3		-0.03	-0.23	-0.18	0.01	-0.17	-0.16	-0.22	0.32	0.07	0.02	-0.23	0.09	-0.23	0.65	-0.14	-0.06	-0.17	-0.25	-0.21	0.54	-0.21	-0.15	-0.2
Retained Earnings	0.56	0.56	-0.03		0.07	0.17	0.31	0.71	0.03	0.59	-0.24	0.36	0.05	0.7	0.69	0.11	0.26	0.47	-0.45	0.22	0.28	0.07	0.36	0.35	0.5	0.59
Cash	0.69	0.71	-0.23	0.07		-0.01	-0.16	0.6	0.48	0.73	-0.58	-0.02	-0.7	0.48	-0.38	0.99	-0.05	0.69	0.6	0.96	0.01	-0.25	0.06	0.1	0.68	0.61
Other Assets	0.09	0.11	-0.18	0.17	-0.01		-0.24	0.12	0.15	0.14	0.03	-0.43	-0.2	0.1	0.22	0.02	0.2	0.08	-0.36	0.1	0.01	-0.31	0.25	-0.09	0.13	0.15
Total Liab	0.45	0.41	0.01	0.31	-0.16	-0.24		0.43	0.24	0.27	-0.22	0.92	0.77	0.54	-0.03	-0.11	0.23	0.41	0.07	-0.03	0.31	0.87	-0.09	0.34	0.37	0.43
Common Stock	0.94	0.94	-0.17	0.71	0.6	0.12	0.43		0.42	0.9	-0.65	0.48	-0.16	0.95	0.15	0.64	0.24	0.93	0.19	0.72	0.15	0.12	0.2	0.24	0.93	0.95
Accounts Payable	0.55	0.55	-0.16	0.03	0.48	0.15	0.24	0.42		0.41	-0.07	0.2	0.0	0.32	-0.5	0.57	0.18	0.41	0.41	0.59	0.21	0.2	-0.08	0.29	0.28	0.32
Common Stock Shares Outstanding	0.91	0.92	-0.22	0.59	0.73	0.14	0.27	0.9	0.41		-0.68	0.34	-0.3	0.82	0.13	0.75	0.21	0.84	0.18	0.83	0.31	0.1	0.31	0.39	0.89	0.92
Other Current Liab	-0.65	-0.65	0.32	-0.24	-0.58	0.03	-0.22	-0.65	-0.07	-0.68		-0.21	0.27	-0.56	0.01	-0.54	0.03	-0.65	-0.54	-0.55	0.13	-0.06	-0.17	0.12	-0.75	-0.77
Total Current Liabilities	0.53	0.5	0.07	0.36	-0.02	-0.43	0.92	0.48	0.2	0.34	-0.21		0.62	0.61	-0.08	0.02	0.26	0.48	0.08	0.1	0.31	0.78	-0.12	0.41	0.43	0.48
Net Debt	-0.14	-0.17	0.02	0.05	-0.7	-0.2	0.77	-0.16	0.0	-0.3	0.27	0.62		-0.02	0.08	-0.65	0.09	-0.22	-0.27	-0.59	0.31	0.84	-0.23	0.27	-0.27	-0.17
Non Current Assets Total	0.92	0.91	-0.23	0.7	0.48	0.1	0.54	0.95	0.32	0.82	-0.56	0.61	-0.02		0.15	0.52	0.21	0.91	0.05	0.61	0.27	0.26	0.04	0.36	0.91	0.92
Non Currrent Assets Other	-0.06	-0.06	0.09	0.69	-0.38	0.22	-0.03	0.15	-0.5	0.13	0.01	-0.08	0.08	0.15		-0.39	0.16	-0.1	-0.72	-0.3	0.14	-0.12	0.4	0.09	0.03	0.12
Cash And Short Term Investments	0.73	0.74	-0.23	0.11	0.99	0.02	-0.11	0.64	0.57	0.75	-0.54	0.02	-0.65	0.52	-0.39		-0.01	0.72	0.59	0.98	0.05	-0.22	0.05	0.14	0.69	0.63
Net Receivables	0.19	0.18	0.65	0.26	-0.05	0.2	0.23	0.24	0.18	0.21	0.03	0.26	0.09	0.21	0.16	-0.01		0.2	-0.16	0.16	0.03	-0.02	0.63	0.09	0.22	0.25
Common Stock Total Equity	0.89	0.9	-0.14	0.47	0.69	0.08	0.41	0.93	0.41	0.84	-0.65	0.48	-0.22	0.91	-0.1	0.72	0.2		0.35	0.78	0.09	0.1	0.14	0.18	0.97	0.9
Other Stockholder Equity	0.27	0.27	-0.06	-0.45	0.6	-0.36	0.07	0.19	0.41	0.18	-0.54	0.08	-0.27	0.05	-0.72	0.59	-0.16	0.35		0.49	-0.36	0.0	-0.14	-0.32	0.3	0.23
Total Current Assets	0.8	0.81	-0.17	0.22	0.96	0.1	-0.03	0.72	0.59	0.83	-0.55	0.1	-0.59	0.61	-0.3	0.98	0.16	0.78	0.49		0.14	-0.16	0.17	0.23	0.75	0.71
Short Long Term Debt Total	0.26	0.26	-0.25	0.28	0.01	0.01	0.31	0.15	0.21	0.31	0.13	0.31	0.31	0.27	0.14	0.05	0.03	0.09	-0.36	0.14		0.54	-0.12	0.97	0.05	0.12
Non Current Liabilities Total	0.25	0.21	-0.21	0.07	-0.25	-0.31	0.87	0.12	0.2	0.1	-0.06	0.78	0.84	0.26	-0.12	-0.22	-0.02	0.1	0.0	-0.16	0.54		-0.32	0.52	0.06	0.16
Other Current Assets	0.04	0.05	0.54	0.36	0.06	0.25	-0.09	0.2	-0.08	0.31	-0.17	-0.12	-0.23	0.04	0.4	0.05	0.63	0.14	-0.14	0.17	-0.12	-0.32		-0.12	0.2	0.19
Short Term Debt	0.37	0.36	-0.21	0.35	0.1	-0.09	0.34	0.24	0.29	0.39	0.12	0.41	0.27	0.36	0.09	0.14	0.09	0.18	-0.32	0.23	0.97	0.52	-0.12		0.12	0.19
Net Tangible Assets	0.89	0.9	-0.15	0.5	0.68	0.13	0.37	0.93	0.28	0.89	-0.75	0.43	-0.27	0.91	0.03	0.69	0.22	0.97	0.3	0.75	0.05	0.06	0.2	0.12		0.97
Long Term Investments	0.94	0.94	-0.2	0.59	0.61	0.15	0.43	0.95	0.32	0.92	-0.77	0.48	-0.17	0.92	0.12	0.63	0.25	0.9	0.23	0.71	0.12	0.16	0.19	0.19	0.97

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Worldwide Healthcare Account Relationship Matchups

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	10.4M	(49.9M)	(113.6M)	(55.9M)	(68.9M)	(65.5M)
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	5.1M
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	(1.0B)	(1.1B)	(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	8.3M
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

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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.

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Worldwide Ebit vs Operating Income Analysis

Ebit vs Operating Income

Ebit vs Operating Income Correlation Analysis

Correlation Coefficient

Ebit

Operating Income

Worldwide Healthcare fundamental ratios Correlations

Worldwide Healthcare Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Worldwide Healthcare fundamental ratios Accounts

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Other Information on Investing in Worldwide Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Stockholder Equity	+ 1.0	Total Assets
Cash And Short Term Investments	+ 0.99	Cash
Total Current Assets	+ 0.98	Cash And Short Term Investments
Net Tangible Assets	+ 0.97	Common Stock Total Equity
Short Term Debt	+ 0.97	Short Long Term Debt Total
Long Term Investments	+ 0.97	Net Tangible Assets

Long Term Investments	- 0.77	Other Current Liab
Net Tangible Assets	- 0.75	Other Current Liab
Other Stockholder Equity	- 0.72	Non Currrent Assets Other
Net Debt	- 0.7	Cash
Other Current Liab	- 0.68	Common Stock Shares Outstanding
Cash And Short Term Investments	- 0.65	Net Debt