Worldwide Other Operating Expenses vs Selling General Administrative 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 Other Operating Expenses and its Selling General Administrative 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.

Other Operating Expenses vs Selling General Administrative

Other Operating Expenses vs Selling General Administrative Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Worldwide Healthcare Other Operating Expenses account and Selling General Administrative. At this time, the significance of the direction appears to have weak relationship.
The correlation between Worldwide Healthcare's Other Operating Expenses and Selling General Administrative is 0.37. Overlapping area represents the amount of variation of Other Operating Expenses that can explain the historical movement of Selling General Administrative 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 Other Operating Expenses and Selling General Administrative 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 Operating Expenses of Worldwide Healthcare Trust are associated (or correlated) with its Selling General Administrative. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Selling General Administrative has no effect on the direction of Other Operating Expenses i.e., Worldwide Healthcare's Other Operating Expenses and Selling General Administrative go up and down completely randomly.

Correlation Coefficient

0.37
Relationship DirectionPositive 
Relationship StrengthVery Weak

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Worldwide Healthcare. It is also known as Worldwide Healthcare overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.

Selling General Administrative

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

1.0-0.290.560.690.090.450.940.550.91-0.30.53-0.140.92-0.060.730.210.890.410.80.260.250.30.370.890.94
1.0-0.30.560.710.110.410.940.550.92-0.260.5-0.170.91-0.060.740.20.90.420.810.260.210.30.360.90.94
-0.29-0.3-0.03-0.23-0.180.01-0.17-0.16-0.220.090.070.02-0.230.09-0.230.65-0.14-0.16-0.17-0.25-0.210.59-0.21-0.15-0.2
0.560.56-0.030.070.170.310.710.030.59-0.120.360.050.70.690.110.270.47-0.360.220.280.070.340.350.50.59
0.690.71-0.230.07-0.01-0.160.60.480.730.2-0.02-0.70.48-0.380.99-0.040.690.80.960.01-0.250.050.10.680.61
0.090.11-0.180.17-0.01-0.240.120.150.140.5-0.43-0.20.10.220.020.170.08-0.210.10.01-0.310.13-0.090.130.15
0.450.410.010.31-0.16-0.240.430.240.27-0.890.920.770.54-0.03-0.110.230.41-0.1-0.030.310.870.210.340.370.43
0.940.94-0.170.710.60.120.430.420.9-0.180.48-0.160.950.150.640.250.930.30.720.150.120.310.240.930.95
0.550.55-0.160.030.480.150.240.420.41-0.130.20.00.32-0.50.570.180.410.440.590.210.20.310.290.280.32
0.910.92-0.220.590.730.140.270.90.41-0.110.34-0.30.820.130.750.220.840.450.830.310.10.310.390.890.92
-0.3-0.260.09-0.120.20.5-0.89-0.18-0.13-0.11-0.91-0.78-0.310.150.18-0.05-0.170.10.14-0.33-0.93-0.07-0.38-0.13-0.22
0.530.50.070.36-0.02-0.430.920.480.20.34-0.910.620.61-0.080.020.280.48-0.050.10.310.780.320.410.430.48
-0.14-0.170.020.05-0.7-0.20.77-0.160.0-0.3-0.780.62-0.020.08-0.650.08-0.22-0.49-0.590.310.840.050.27-0.27-0.17
0.920.91-0.230.70.480.10.540.950.320.82-0.310.61-0.020.150.520.220.910.180.610.270.260.280.360.910.92
-0.06-0.060.090.69-0.380.22-0.030.15-0.50.130.15-0.080.080.15-0.390.16-0.1-0.58-0.30.14-0.120.130.090.030.12
0.730.74-0.230.110.990.02-0.110.640.570.750.180.02-0.650.52-0.390.00.720.790.980.05-0.220.10.140.690.63
0.210.20.650.27-0.040.170.230.250.180.22-0.050.280.080.220.160.00.22-0.110.170.04-0.010.960.10.230.26
0.890.9-0.140.470.690.080.410.930.410.84-0.170.48-0.220.91-0.10.720.220.460.780.090.10.250.180.970.9
0.410.42-0.16-0.360.8-0.21-0.10.30.440.450.1-0.05-0.490.18-0.580.79-0.110.460.72-0.05-0.1-0.08-0.020.450.38
0.80.81-0.170.220.960.1-0.030.720.590.830.140.1-0.590.61-0.30.980.170.780.720.14-0.160.260.230.750.71
0.260.26-0.250.280.010.010.310.150.210.31-0.330.310.310.270.140.050.040.09-0.050.140.540.160.970.050.12
0.250.21-0.210.07-0.25-0.310.870.120.20.1-0.930.780.840.26-0.12-0.22-0.010.1-0.1-0.160.540.00.520.060.16
0.30.30.590.340.050.130.210.310.310.31-0.070.320.050.280.130.10.960.25-0.080.260.160.00.270.240.29
0.370.36-0.210.350.1-0.090.340.240.290.39-0.380.410.270.360.090.140.10.18-0.020.230.970.520.270.120.19
0.890.9-0.150.50.680.130.370.930.280.89-0.130.43-0.270.910.030.690.230.970.450.750.050.060.240.120.97
0.940.94-0.20.590.610.150.430.950.320.92-0.220.48-0.170.920.120.630.260.90.380.710.120.160.290.190.97
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Worldwide Healthcare Account Relationship Matchups

Worldwide Healthcare fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.7B2.5B2.4B2.2B2.2B2.3B
Total Stockholder Equity1.5B2.4B2.3B2.2B2.1B2.2B
Retained Earnings1.1B1.6B1.4B1.3B20.8M19.8M
Cash3.8M29.6M26.6M58.9M73.8M77.5M
Other Assets3.5M18.9M283K209K3.7M4.4M
Total Liab164.7M101.2M153.2M99.2M112.8M79.0M
Common Stock13.4M16.1M16.4M16.3M15.0M13.6M
Common Stock Shares Outstanding531.5M594.9M653.1M644.7M585.3M614.6M
Other Current Liab(154.3M)(49.9M)(113.6M)(55.9M)(68.9M)(72.4M)
Total Current Liabilities164.7M101.2M153.2M99.2M120.2M79.0M
Net Debt150.5M20.3M87.0M(3.0M)(4.9M)(4.6M)
Non Current Assets Total1.7B2.4B2.4B2.2B2.1B1.1B
Non Currrent Assets Other(3.5M)(18.9M)(283K)(209K)(2.1B)(2.0B)
Cash And Short Term Investments3.8M29.6M26.6M58.9M73.8M77.5M
Net Receivables7.9M13.0M10.6M88K6.5M5.0M
Common Stock Total Equity12.5M13.2M13.4M16.1M18.5M13.7M
Liabilities And Stockholders Equity1.7B2.5B2.4B2.2B2.2B1.1B
Other Stockholder Equity397.5M(661.5M)(746.3M)841.6M2.0B2.1B
Total Current Assets18.4M47.8M41.3M63.3M84.0M88.2M
Non Current Liabilities Total154.3M49.9M113.6M55.9M68.9M81.6M
Other Current Assets14.6M18.2M14.7M4.4M10.2M11.9M
Net Tangible Assets1.4B1.5B2.4B2.3B2.6B1.6B
Long Term Investments1.7B2.4B2.4B2.2B2.1B1.8B
Capital Surpluse317.4M389.2M418.4M796.4M915.8M474.1M
Inventory(7.9M)(13.0M)(10.6M)(88K)82.0M86.1M
Short Term Investments(3.5M)(18.9M)(283K)(209K)(240.4K)(252.4K)
Capital Stock13.4M16.1M16.4M16.3M15.0M16.6M

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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.