American Days Payables Outstanding vs Net Income Per Share Analysis
AHR Stock | 27.96 0.39 1.38% |
American Healthcare financial indicator trend analysis is way more than just evaluating American Healthcare REIT, prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether American Healthcare REIT, is a good investment. Please check the relationship between American Healthcare Days Payables Outstanding and its Net Income Per Share accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in American Healthcare REIT,. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate.
Days Payables Outstanding vs Net Income Per Share
Days Payables Outstanding vs Net Income Per Share Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of American Healthcare REIT, Days Payables Outstanding account and Net Income Per Share. At this time, the significance of the direction appears to have strong relationship.
The correlation between American Healthcare's Days Payables Outstanding and Net Income Per Share is 0.71. Overlapping area represents the amount of variation of Days Payables Outstanding that can explain the historical movement of Net Income Per Share in the same time period over historical financial statements of American Healthcare REIT,, assuming nothing else is changed. The correlation between historical values of American Healthcare's Days Payables Outstanding and Net Income Per Share is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Days Payables Outstanding of American Healthcare REIT, are associated (or correlated) with its Net Income Per Share. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income Per Share has no effect on the direction of Days Payables Outstanding i.e., American Healthcare's Days Payables Outstanding and Net Income Per Share go up and down completely randomly.
Correlation Coefficient | 0.71 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Days Payables Outstanding
Net Income Per Share
Most indicators from American Healthcare's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into American Healthcare REIT, 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 American Healthcare REIT,. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate. At this time, American Healthcare's Tax Provision is relatively stable compared to the past year. As of 12/18/2024, Enterprise Value is likely to grow to about 4 B, while Selling General Administrative is likely to drop slightly above 42 M.
2021 | 2022 | 2023 | 2024 (projected) | Total Revenue | 1.3B | 1.6B | 1.9B | 2.0B | Depreciation And Amortization | 1.2B | 1.8B | 237.3M | 225.4M |
American Healthcare fundamental ratios Correlations
Click cells to compare fundamentals
American Healthcare Account Relationship Matchups
High Positive Relationship
High Negative Relationship
American Healthcare fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 1.1B | 3.2B | 1.1B | 539.2M | 4.6B | 4.8B | |
Other Current Liab | 883.0M | 126.8M | 305.6M | 965.1M | 529.4M | 457.0M | |
Total Current Liabilities | 173.7M | 194.7M | 21.2M | 16.3M | 1.5B | 1.5B | |
Total Stockholder Equity | 590.1M | 866.1M | 4.6B | 4.8B | 1.3B | 1.9B | |
Net Debt | 420.1M | 1.7B | (68.0M) | (47.0M) | 3.0B | 3.1B | |
Retained Earnings | (130.6M) | (864.3M) | 1.6B | 1.4B | (1.3B) | (1.2B) | |
Cash | 15.8M | 152.2M | 125.5M | 111.9M | 43.4M | 65.0M | |
Non Current Assets Total | 2.8B | 2.9B | 4.3B | 4.5B | 4.2B | 2.8B | |
Non Currrent Assets Other | 1.4B | (883.3M) | (979.0M) | (1.1B) | 3.4B | 3.6B | |
Other Assets | (1.8B) | (2.1B) | (3.5B) | (4.2B) | 80.7M | 84.8M | |
Cash And Short Term Investments | 15.8M | 152.2M | 125.5M | 111.9M | 44.9M | 65.2M | |
Net Receivables | 12.6M | 163.5M | 163.8M | 184.4M | 232.9M | 244.6M | |
Common Stock Shares Outstanding | 50.0M | 45.5M | 66.0M | 66.2M | 66.2M | 63.0M | |
Liabilities And Stockholders Equity | 1.1B | 3.2B | 2.5B | 2.9B | 4.6B | 4.8B | |
Non Current Liabilities Total | 1.9B | 2.0B | 1.3B | 1.6B | 2.2B | 1.3B | |
Other Current Assets | (28.5M) | 55.6M | 2.8M | (13K) | (203K) | (192.9K) | |
Other Stockholder Equity | 722.1M | 1.7B | 2.5B | 2.5B | 2.5B | 1.3B | |
Total Liab | 476.8M | 2.2B | 2.6M | 661K | 3.1B | 3.3B | |
Total Current Assets | 331.4M | 357.0M | 267.2M | 269.2M | 297.1M | 308.8M | |
Accumulated Other Comprehensive Income | (2.3M) | (2.0M) | 1.8B | 1.6B | (2.4M) | (2.3M) | |
Short Term Debt | 8.3M | 1.7B | 921.9M | 316.7M | 846.8M | 573.7M |
Pair Trading with American Healthcare
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if American Healthcare position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in American Healthcare will appreciate offsetting losses from the drop in the long position's value.Moving together with American Stock
Moving against American Stock
0.82 | WHLR | Wheeler Real Estate | PairCorr |
0.82 | HPP | Hudson Pacific Properties | PairCorr |
0.76 | BNL | Broadstone Net Lease | PairCorr |
0.75 | O | Realty Income Sell-off Trend | PairCorr |
0.67 | EGP | EastGroup Properties | PairCorr |
The ability to find closely correlated positions to American Healthcare could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace American Healthcare when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back American Healthcare - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling American Healthcare REIT, to buy it.
The correlation of American Healthcare is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as American Healthcare moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if American Healthcare REIT, moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for American Healthcare can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Additional Tools for American Stock Analysis
When running American Healthcare's price analysis, check to measure American Healthcare's 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 American Healthcare is operating at the current time. Most of American Healthcare's value examination focuses on studying past and present price action to predict the probability of American Healthcare's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move American Healthcare's price. Additionally, you may evaluate how the addition of American Healthcare to your portfolios can decrease your overall portfolio volatility.