0JZZ Stock | | | 3.76 0.06 1.57% |
Medical Properties financial indicator trend analysis is infinitely more than just investigating Medical Properties Trust recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Medical Properties Trust is a good investment. Please check the relationship between Medical Properties Other Current Assets and its Total Assets accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Medical Properties 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 board of governors.
Other Current Assets vs Total Assets
Other Current Assets vs Total Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Medical Properties Trust Other Current Assets account and
Total Assets. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Medical Properties' Other Current Assets and Total Assets is -0.04. Overlapping area represents the amount of variation of Other Current Assets that can explain the historical movement of Total Assets in the same time period over historical financial statements of Medical Properties Trust, assuming nothing else is changed. The correlation between historical values of Medical Properties' Other Current Assets and Total Assets 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 Current Assets of Medical Properties Trust are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Other Current Assets i.e., Medical Properties' Other Current Assets and Total Assets go up and down completely randomly.
Correlation Coefficient | -0.04 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Other Current Assets
Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.
Total Assets
Total assets refers to the total amount of Medical Properties assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Medical Properties Trust books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.
Most indicators from Medical Properties' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Medical Properties Trust 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
Trending Equities to better understand how to build diversified portfolios, which includes a position in Medical Properties 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 board of governors.
Tax Provision is likely to gain to about 89.3
M in 2024, whereas
Selling General Administrative is likely to drop slightly above 90.9
M in 2024.
Medical Properties fundamental ratios Correlations
Click cells to compare fundamentals
Medical Properties Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Medical Properties fundamental ratios Accounts
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Additional Tools for Medical Stock Analysis
When running Medical Properties' price analysis, check to
measure Medical Properties' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Medical Properties is operating at the current time. Most of Medical Properties' value examination focuses on studying past and present price action to
predict the probability of Medical Properties' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Medical Properties' price. Additionally, you may evaluate how the addition of Medical Properties to your portfolios can decrease your overall portfolio volatility.