Humanwell Net Tangible Assets vs Retained Earnings Analysis

600079 Stock

22.22 0.31 1.38%

Humanwell Healthcare financial indicator trend analysis is much more than just examining Humanwell Healthcare latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Humanwell Healthcare is a good investment. Please check the relationship between Humanwell Healthcare Net Tangible Assets and its Retained Earnings accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Humanwell Healthcare Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

Net Tangible Assets vs Retained Earnings

Net Tangible Assets vs Retained Earnings Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Humanwell Healthcare Net Tangible Assets account and Retained Earnings. At this time, the significance of the direction appears to have fragmental relationship.

The correlation between Humanwell Healthcare's Net Tangible Assets and Retained Earnings is 0.58. Overlapping area represents the amount of variation of Net Tangible Assets that can explain the historical movement of Retained Earnings in the same time period over historical financial statements of Humanwell Healthcare Group, assuming nothing else is changed. The correlation between historical values of Humanwell Healthcare's Net Tangible Assets and Retained Earnings 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 Tangible Assets of Humanwell Healthcare Group are associated (or correlated) with its Retained Earnings. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Retained Earnings has no effect on the direction of Net Tangible Assets i.e., Humanwell Healthcare's Net Tangible Assets and Retained Earnings go up and down completely randomly.

Correlation Coefficient

0.58

Relationship Direction	Positive
Relationship Strength	Weak

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Net Tangible Assets

The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.

Most indicators from Humanwell Healthcare's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Humanwell 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Humanwell Healthcare Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

The current year's Selling General Administrative is expected to grow to about 4.1 B, whereas Tax Provision is forecasted to decline to about 479.7 M.

	2021	2022	2023	2024 (projected)
Operating Income	2.7B	2.9B	3.6B	3.8B
Total Revenue	20.4B	22.3B	24.5B	25.8B

Operating Income Total Revenue

Humanwell Healthcare fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Retained Earnings	Accounts Payable	Cash	Other Assets	Long Term Debt	Net Receivables	Short Term Investments	Inventory	Other Current Assets	Total Liab	Intangible Assets	Common Stock	Property Plant Equipment	Other Liab	Good Will	Net Tangible Assets	Other Stockholder Equity	Deferred Long Term Liab	Long Term Investments	Short Long Term Debt	Total Current Assets	Short Term Debt
Total Assets		0.18	0.9	0.95	0.81	0.96	0.94	0.95	0.7	0.98	0.63	0.98	0.39	0.89	0.95	0.95	0.95	0.97	0.44	0.29	0.35	0.77	0.89	0.93	0.92	0.92
Other Current Liab	0.18		0.44	-0.08	-0.32	0.09	0.19	0.12	0.59	0.18	-0.2	0.1	0.92	0.47	0.21	-0.01	0.01	0.1	0.44	-0.29	0.42	-0.21	0.24	0.21	0.1	0.24
Total Current Liabilities	0.9	0.44		0.75	0.54	0.87	0.88	0.8	0.79	0.88	0.41	0.86	0.62	0.99	0.87	0.78	0.79	0.85	0.48	0.28	0.41	0.57	0.9	0.89	0.85	0.93
Total Stockholder Equity	0.95	-0.08	0.75		0.95	0.91	0.9	0.93	0.48	0.91	0.75	0.95	0.12	0.73	0.86	0.97	0.97	0.93	0.27	0.44	0.18	0.87	0.8	0.84	0.88	0.82
Retained Earnings	0.81	-0.32	0.54	0.95		0.76	0.77	0.84	0.23	0.76	0.79	0.84	-0.17	0.5	0.71	0.89	0.9	0.84	0.04	0.58	-0.07	0.92	0.69	0.73	0.81	0.69
Accounts Payable	0.96	0.09	0.87	0.91	0.76		0.88	0.87	0.65	0.98	0.65	0.96	0.34	0.86	0.92	0.93	0.94	0.93	0.41	0.24	0.33	0.71	0.79	0.85	0.85	0.84
Cash	0.94	0.19	0.88	0.9	0.77	0.88		0.87	0.71	0.87	0.58	0.91	0.36	0.87	0.85	0.93	0.92	0.9	0.27	0.45	0.2	0.77	0.87	0.92	0.9	0.9
Other Assets	0.95	0.12	0.8	0.93	0.84	0.87	0.87		0.57	0.93	0.66	0.94	0.29	0.79	0.86	0.9	0.92	0.94	0.35	0.35	0.28	0.83	0.86	0.91	0.92	0.89
Long Term Debt	0.7	0.59	0.79	0.48	0.23	0.65	0.71	0.57		0.67	0.12	0.59	0.74	0.86	0.69	0.56	0.56	0.58	0.67	-0.15	0.58	0.18	0.62	0.68	0.53	0.69
Net Receivables	0.98	0.18	0.88	0.91	0.76	0.98	0.87	0.93	0.67		0.64	0.97	0.41	0.87	0.94	0.91	0.93	0.96	0.47	0.2	0.38	0.71	0.85	0.87	0.87	0.87
Short Term Investments	0.63	-0.2	0.41	0.75	0.79	0.65	0.58	0.66	0.12	0.64		0.7	-0.04	0.38	0.52	0.71	0.74	0.62	0.02	0.42	-0.09	0.67	0.45	0.49	0.57	0.46
Inventory	0.98	0.1	0.86	0.95	0.84	0.96	0.91	0.94	0.59	0.97	0.7		0.32	0.83	0.91	0.95	0.97	0.98	0.31	0.36	0.22	0.83	0.88	0.92	0.94	0.9
Other Current Assets	0.39	0.92	0.62	0.12	-0.17	0.34	0.36	0.29	0.74	0.41	-0.04	0.32		0.66	0.41	0.2	0.2	0.29	0.63	-0.35	0.62	-0.12	0.39	0.37	0.25	0.42
Total Liab	0.89	0.47	0.99	0.73	0.5	0.86	0.87	0.79	0.86	0.87	0.38	0.83	0.66		0.87	0.76	0.77	0.82	0.56	0.19	0.48	0.51	0.88	0.87	0.81	0.91
Intangible Assets	0.95	0.21	0.87	0.86	0.71	0.92	0.85	0.86	0.69	0.94	0.52	0.91	0.41	0.87		0.82	0.85	0.91	0.54	0.17	0.47	0.66	0.85	0.85	0.85	0.86
Common Stock	0.95	-0.01	0.78	0.97	0.89	0.93	0.93	0.9	0.56	0.91	0.71	0.95	0.2	0.76	0.82		0.98	0.93	0.24	0.43	0.14	0.83	0.8	0.86	0.87	0.83
Property Plant Equipment	0.95	0.01	0.79	0.97	0.9	0.94	0.92	0.92	0.56	0.93	0.74	0.97	0.2	0.77	0.85	0.98		0.94	0.23	0.44	0.13	0.85	0.8	0.86	0.88	0.84
Other Liab	0.97	0.1	0.85	0.93	0.84	0.93	0.9	0.94	0.58	0.96	0.62	0.98	0.29	0.82	0.91	0.93	0.94		0.27	0.39	0.19	0.86	0.92	0.95	0.96	0.92
Good Will	0.44	0.44	0.48	0.27	0.04	0.41	0.27	0.35	0.67	0.47	0.02	0.31	0.63	0.56	0.54	0.24	0.23	0.27		-0.56	0.91	-0.15	0.27	0.24	0.16	0.32
Net Tangible Assets	0.29	-0.29	0.28	0.44	0.58	0.24	0.45	0.35	-0.15	0.2	0.42	0.36	-0.35	0.19	0.17	0.43	0.44	0.39	-0.56		-0.57	0.71	0.48	0.43	0.53	0.43
Other Stockholder Equity	0.35	0.42	0.41	0.18	-0.07	0.33	0.2	0.28	0.58	0.38	-0.09	0.22	0.62	0.48	0.47	0.14	0.13	0.19	0.91	-0.57		-0.2	0.22	0.18	0.12	0.27
Deferred Long Term Liab	0.77	-0.21	0.57	0.87	0.92	0.71	0.77	0.83	0.18	0.71	0.67	0.83	-0.12	0.51	0.66	0.83	0.85	0.86	-0.15	0.71	-0.2		0.76	0.81	0.89	0.76
Long Term Investments	0.89	0.24	0.9	0.8	0.69	0.79	0.87	0.86	0.62	0.85	0.45	0.88	0.39	0.88	0.85	0.8	0.8	0.92	0.27	0.48	0.22	0.76		0.95	0.96	0.97
Short Long Term Debt	0.93	0.21	0.89	0.84	0.73	0.85	0.92	0.91	0.68	0.87	0.49	0.92	0.37	0.87	0.85	0.86	0.86	0.95	0.24	0.43	0.18	0.81	0.95		0.98	0.98
Total Current Assets	0.92	0.1	0.85	0.88	0.81	0.85	0.9	0.92	0.53	0.87	0.57	0.94	0.25	0.81	0.85	0.87	0.88	0.96	0.16	0.53	0.12	0.89	0.96	0.98		0.96
Short Term Debt	0.92	0.24	0.93	0.82	0.69	0.84	0.9	0.89	0.69	0.87	0.46	0.9	0.42	0.91	0.86	0.83	0.84	0.92	0.32	0.43	0.27	0.76	0.97	0.98	0.96

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Humanwell Healthcare Account Relationship Matchups

Humanwell Healthcare fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	35.0B	31.6B	34.5B	36.0B	36.2B	38.0B
Other Current Liab	1.9B	1.6B	2.3B	377.7M	44.7M	42.5M
Total Current Liabilities	15.8B	13.3B	15.6B	15.1B	13.2B	6.6B
Total Stockholder Equity	10.2B	10.8B	13.1B	15.0B	17.0B	17.9B
Retained Earnings	3.5B	4.4B	5.5B	7.3B	9.4B	9.8B
Accounts Payable	3.3B	2.4B	2.7B	3.4B	3.2B	3.4B
Cash	3.4B	5.4B	5.1B	5.2B	4.1B	4.3B
Other Assets	2.0B	2.1B	1.6B	2.2B	2.5B	2.6B
Long Term Debt	4.3B	5.1B	3.2B	1.9B	1.7B	1.6B
Net Receivables	8.8B	5.9B	6.8B	7.5B	8.1B	8.5B
Inventory	3.4B	2.7B	3.1B	3.4B	3.6B	3.8B
Other Current Assets	1.0B	799.1M	833.8M	333.2M	182.1M	173.0M
Total Liab	21.0B	18.7B	18.9B	18.1B	16.1B	8.5B
Intangible Assets	2.9B	1.8B	2.5B	2.8B	2.6B	2.7B
Property Plant Equipment	5.8B	5.8B	6.1B	6.9B	7.9B	8.3B
Other Liab	820.8M	929.3M	702.6M	841.0M	967.1M	1.0B
Good Will	3.8B	972.3M	929.3M	974.1M	948.2M	900.8M
Net Tangible Assets	4.3B	3.9B	8.0B	10.1B	11.6B	6.2B
Other Stockholder Equity	2.0B	497.8M	(36.7M)	(48.0M)	(43.2M)	(41.0M)
Deferred Long Term Liab	354.4M	466.4M	483.7M	951.5M	1.1B	1.1B
Short Long Term Debt	6.9B	7.3B	6.9B	6.6B	6.7B	5.9B
Total Current Assets	17.3B	17.0B	18.1B	19.4B	19.6B	17.7B
Non Current Assets Total	17.8B	14.7B	16.6B	16.6B	16.6B	13.6B
Non Currrent Assets Other	466.2M	180.5M	437.6M	1.6B	393.6M	539.7M
Non Current Liabilities Total	5.2B	5.8B	4.1B	2.9B	2.9B	3.6B
Net Debt	7.6B	7.0B	4.9B	3.3B	4.3B	4.3B
Net Invested Capital	21.1B	23.1B	23.2B	23.5B	25.4B	25.0B
Net Working Capital	1.4B	4.1B	3.2B	4.3B	6.4B	3.4B

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Other Information on Investing in Humanwell Stock

Balance Sheet is a snapshot of the financial position of Humanwell Healthcare at a specified time, usually calculated after every quarter, six months, or one year. Humanwell Healthcare Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Humanwell 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 Humanwell currently owns. An asset can also be divided into two categories, current and non-current.

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Humanwell Net Tangible Assets vs Retained Earnings Analysis

Net Tangible Assets vs Retained Earnings

Net Tangible Assets vs Retained Earnings Correlation Analysis

Correlation Coefficient

Net Tangible Assets

Retained Earnings

Humanwell Healthcare fundamental ratios Correlations

Humanwell Healthcare Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Humanwell Healthcare fundamental ratios Accounts

Currently Active Assets on Macroaxis

Other Information on Investing in Humanwell Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Liab	+ 0.99	Total Current Liabilities
Net Receivables	+ 0.98	Total Assets
Inventory	+ 0.98	Total Assets
Net Receivables	+ 0.98	Accounts Payable
Other Liab	+ 0.98	Inventory
Property Plant Equipment	+ 0.98	Common Stock

Other Stockholder Equity	- 0.57	Net Tangible Assets
Net Tangible Assets	- 0.56	Good Will
Net Tangible Assets	- 0.35	Other Current Assets
Retained Earnings	- 0.32	Other Current Liab
Net Tangible Assets	- 0.29	Other Current Liab
Deferred Long Term Liab	- 0.21	Other Current Liab