Worldwide Net Debt vs Non Currrent Assets Other 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 Net Debt and its Non Currrent Assets Other 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.
Net Debt vs Non Currrent Assets Other
Net Debt vs Non Currrent Assets Other Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Worldwide Healthcare Net Debt account and Non Currrent Assets Other. At this time, the significance of the direction appears to have no relationship.
The correlation between Worldwide Healthcare's Net Debt and Non Currrent Assets Other is 0.08. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Non Currrent Assets Other 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 Net Debt and Non Currrent Assets Other 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 Debt of Worldwide Healthcare Trust are associated (or correlated) with its Non Currrent Assets Other. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Currrent Assets Other has no effect on the direction of Net Debt i.e., Worldwide Healthcare's Net Debt and Non Currrent Assets Other go up and down completely randomly.
Correlation Coefficient | 0.08 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
Net Debt
The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.Non Currrent Assets Other
Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.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 |
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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.