Worldwide Total Operating Expenses vs Other Operating Expenses 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 Total Operating Expenses and its Other Operating Expenses 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.

Total Operating Expenses vs Other Operating Expenses

Total Operating Expenses vs Other Operating Expenses Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Worldwide Healthcare Total Operating Expenses account and Other Operating Expenses. At this time, the significance of the direction appears to have very week relationship.
The correlation between Worldwide Healthcare's Total Operating Expenses and Other Operating Expenses is 0.27. Overlapping area represents the amount of variation of Total Operating Expenses that can explain the historical movement of Other Operating Expenses 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 Total Operating Expenses and Other Operating Expenses is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Operating Expenses of Worldwide Healthcare Trust are associated (or correlated) with its Other Operating Expenses. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Operating Expenses has no effect on the direction of Total Operating Expenses i.e., Worldwide Healthcare's Total Operating Expenses and Other Operating Expenses go up and down completely randomly.

Correlation Coefficient

0.27
Relationship DirectionPositive 
Relationship StrengthVery Weak

Total Operating Expenses

The total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses.

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.
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

1.0-0.290.560.690.090.450.940.550.91-0.650.53-0.140.92-0.060.730.190.890.270.80.260.250.040.370.890.94
1.0-0.30.560.710.110.410.940.550.92-0.650.5-0.170.91-0.060.740.180.90.270.810.260.210.050.360.90.94
-0.29-0.3-0.03-0.23-0.180.01-0.17-0.16-0.220.320.070.02-0.230.09-0.230.65-0.14-0.06-0.17-0.25-0.210.54-0.21-0.15-0.2
0.560.56-0.030.070.170.310.710.030.59-0.240.360.050.70.690.110.260.47-0.450.220.280.070.360.350.50.59
0.690.71-0.230.07-0.01-0.160.60.480.73-0.58-0.02-0.70.48-0.380.99-0.050.690.60.960.01-0.250.060.10.680.61
0.090.11-0.180.17-0.01-0.240.120.150.140.03-0.43-0.20.10.220.020.20.08-0.360.10.01-0.310.25-0.090.130.15
0.450.410.010.31-0.16-0.240.430.240.27-0.220.920.770.54-0.03-0.110.230.410.07-0.030.310.87-0.090.340.370.43
0.940.94-0.170.710.60.120.430.420.9-0.650.48-0.160.950.150.640.240.930.190.720.150.120.20.240.930.95
0.550.55-0.160.030.480.150.240.420.41-0.070.20.00.32-0.50.570.180.410.410.590.210.2-0.080.290.280.32
0.910.92-0.220.590.730.140.270.90.41-0.680.34-0.30.820.130.750.210.840.180.830.310.10.310.390.890.92
-0.65-0.650.32-0.24-0.580.03-0.22-0.65-0.07-0.68-0.210.27-0.560.01-0.540.03-0.65-0.54-0.550.13-0.06-0.170.12-0.75-0.77
0.530.50.070.36-0.02-0.430.920.480.20.34-0.210.620.61-0.080.020.260.480.080.10.310.78-0.120.410.430.48
-0.14-0.170.020.05-0.7-0.20.77-0.160.0-0.30.270.62-0.020.08-0.650.09-0.22-0.27-0.590.310.84-0.230.27-0.27-0.17
0.920.91-0.230.70.480.10.540.950.320.82-0.560.61-0.020.150.520.210.910.050.610.270.260.040.360.910.92
-0.06-0.060.090.69-0.380.22-0.030.15-0.50.130.01-0.080.080.15-0.390.16-0.1-0.72-0.30.14-0.120.40.090.030.12
0.730.74-0.230.110.990.02-0.110.640.570.75-0.540.02-0.650.52-0.39-0.010.720.590.980.05-0.220.050.140.690.63
0.190.180.650.26-0.050.20.230.240.180.210.030.260.090.210.16-0.010.2-0.160.160.03-0.020.630.090.220.25
0.890.9-0.140.470.690.080.410.930.410.84-0.650.48-0.220.91-0.10.720.20.350.780.090.10.140.180.970.9
0.270.27-0.06-0.450.6-0.360.070.190.410.18-0.540.08-0.270.05-0.720.59-0.160.350.49-0.360.0-0.14-0.320.30.23
0.80.81-0.170.220.960.1-0.030.720.590.83-0.550.1-0.590.61-0.30.980.160.780.490.14-0.160.170.230.750.71
0.260.26-0.250.280.010.010.310.150.210.310.130.310.310.270.140.050.030.09-0.360.140.54-0.120.970.050.12
0.250.21-0.210.07-0.25-0.310.870.120.20.1-0.060.780.840.26-0.12-0.22-0.020.10.0-0.160.54-0.320.520.060.16
0.040.050.540.360.060.25-0.090.2-0.080.31-0.17-0.12-0.230.040.40.050.630.14-0.140.17-0.12-0.32-0.120.20.19
0.370.36-0.210.350.1-0.090.340.240.290.390.120.410.270.360.090.140.090.18-0.320.230.970.52-0.120.120.19
0.890.9-0.150.50.680.130.370.930.280.89-0.750.43-0.270.910.030.690.220.970.30.750.050.060.20.120.97
0.940.94-0.20.590.610.150.430.950.320.92-0.770.48-0.170.920.120.630.250.90.230.710.120.160.190.190.97
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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 Liab10.4M(49.9M)(113.6M)(55.9M)(68.9M)(65.5M)
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 Receivables7.9M13.0M10.6M88K6.5M5.1M
Common Stock Total Equity12.5M13.2M13.4M16.1M18.5M13.7M
Liabilities And Stockholders Equity1.7B2.5B2.4B2.2B2.2B1.1B
Other Stockholder Equity(1.0B)(1.1B)(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 Assets14.6M18.2M14.7M4.4M10.2M8.3M
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.