Capitol Cash vs Cash And Short Term Investments Analysis

CAJ Stock

0.37 0.01 2.78%

Capitol Health financial indicator trend analysis is way more than just evaluating Capitol Health prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Capitol Health is a good investment. Please check the relationship between Capitol Health Cash and its Cash And Short Term Investments accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Capitol Health. 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.

Cash vs Cash And Short Term Investments

Cash vs Cash And Short Term Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Capitol Health Cash account and Cash And Short Term Investments. At this time, the significance of the direction appears to have almost identical trend.

The correlation between Capitol Health's Cash and Cash And Short Term Investments is 0.94. Overlapping area represents the amount of variation of Cash that can explain the historical movement of Cash And Short Term Investments in the same time period over historical financial statements of Capitol Health, assuming nothing else is changed. The correlation between historical values of Capitol Health's Cash and Cash And Short Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash of Capitol Health are associated (or correlated) with its Cash And Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash And Short Term Investments has no effect on the direction of Cash i.e., Capitol Health's Cash and Cash And Short Term Investments go up and down completely randomly.

Correlation Coefficient

0.94

Relationship Direction	Positive
Relationship Strength	Very Strong

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Cash

Cash refers to the most liquid asset of Capitol Health, which is listed under current asset account on Capitol Health balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Capitol Health customers. The amounts must be unrestricted with restricted cash listed in a different Capitol Health account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.

Cash And Short Term Investments

Short Term Investments is an account in the current assets section of Capitol Health balance sheet. This account contains Capitol Health investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Capitol Health fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.

Most indicators from Capitol Health's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Capitol Health 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 Capitol Health. 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.

At this time, Capitol Health's Selling General Administrative is comparatively stable compared to the past year. Discontinued Operations is likely to gain to about 172.7 K in 2024, whereas Issuance Of Capital Stock is likely to drop slightly above 442.9 K in 2024.

	2021	2022	2023	2024 (projected)
Cost Of Revenue	145.9M	172.4M	190.1M	199.6M
Total Revenue	184.2M	209.6M	234.8M	246.6M

Cost Of Revenue Total Revenue

Capitol Health fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Accounts Payable	Cash	Long Term Debt	Net Receivables	Good Will	Short Term Investments	Inventory	Total Liab	Intangible Assets	Common Stock	Property Plant Equipment	Short Long Term Debt Total	Property Plant And Equipment Net	Net Debt	Retained Earnings	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Common Stock Total Equity	Common Stock Shares Outstanding	Non Current Liabilities Total	Property Plant And Equipment Gross
Total Assets		0.89	0.9	0.82	0.71	0.71	0.7	0.75	0.95	-0.19	-0.14	0.95	0.52	0.86	0.92	0.94	0.92	0.92	-0.64	0.97	-0.04	0.61	0.96	0.82	0.95	0.87
Other Current Liab	0.89		0.98	0.56	0.83	0.65	0.71	0.55	0.88	-0.14	-0.12	0.93	0.12	0.67	0.88	0.88	0.84	0.87	-0.86	0.87	0.18	0.48	0.88	0.66	0.89	0.86
Total Current Liabilities	0.9	0.98		0.55	0.87	0.63	0.68	0.54	0.89	-0.19	-0.27	0.95	0.21	0.66	0.94	0.92	0.91	0.91	-0.87	0.91	0.14	0.45	0.87	0.68	0.92	0.93
Total Stockholder Equity	0.82	0.56	0.55		0.28	0.52	0.34	0.77	0.72	-0.13	0.07	0.62	0.61	0.97	0.67	0.6	0.72	0.57	-0.21	0.78	-0.42	0.57	0.87	0.9	0.62	0.56
Accounts Payable	0.71	0.83	0.87	0.28		0.58	0.68	0.4	0.71	-0.16	-0.36	0.83	0.12	0.43	0.77	0.81	0.72	0.8	-0.89	0.69	0.44	0.41	0.64	0.43	0.81	0.84
Cash	0.71	0.65	0.63	0.52	0.58		0.71	0.57	0.7	0.24	-0.2	0.71	0.4	0.54	0.55	0.71	0.54	0.6	-0.41	0.62	0.17	0.94	0.63	0.41	0.71	0.52
Long Term Debt	0.7	0.71	0.68	0.34	0.68	0.71		0.57	0.76	-0.07	0.12	0.81	0.32	0.42	0.5	0.84	0.47	0.81	-0.57	0.62	0.57	0.6	0.55	0.29	0.81	0.52
Net Receivables	0.75	0.55	0.54	0.77	0.4	0.57	0.57		0.58	-0.07	0.07	0.65	0.55	0.77	0.53	0.66	0.55	0.63	-0.25	0.62	0.03	0.61	0.7	0.63	0.66	0.45
Good Will	0.95	0.88	0.89	0.72	0.71	0.7	0.76	0.58		-0.13	-0.11	0.94	0.49	0.77	0.88	0.94	0.88	0.92	-0.65	0.96	0.04	0.6	0.88	0.76	0.94	0.84
Short Term Investments	-0.19	-0.14	-0.19	-0.13	-0.16	0.24	-0.07	-0.07	-0.13		-0.04	-0.21	-0.06	-0.2	-0.26	-0.21	-0.26	-0.29	0.28	-0.21	-0.06	0.29	-0.18	-0.22	-0.23	-0.31
Inventory	-0.14	-0.12	-0.27	0.07	-0.36	-0.2	0.12	0.07	-0.11	-0.04		-0.24	-0.22	0.05	-0.42	-0.24	-0.42	-0.23	0.19	-0.24	0.06	-0.14	-0.02	-0.06	-0.25	-0.45
Total Liab	0.95	0.93	0.95	0.62	0.83	0.71	0.81	0.65	0.94	-0.21	-0.24		0.42	0.7	0.91	0.99	0.9	0.98	-0.77	0.94	0.19	0.57	0.86	0.67	0.99	0.9
Intangible Assets	0.52	0.12	0.21	0.61	0.12	0.4	0.32	0.55	0.49	-0.06	-0.22	0.42		0.54	0.38	0.49	0.46	0.47	0.14	0.51	-0.29	0.5	0.37	0.46	0.5	0.31
Common Stock	0.86	0.67	0.66	0.97	0.43	0.54	0.42	0.77	0.77	-0.2	0.05	0.7	0.54		0.74	0.68	0.78	0.66	-0.4	0.82	-0.32	0.58	0.9	0.94	0.7	0.66
Property Plant Equipment	0.92	0.88	0.94	0.67	0.77	0.55	0.5	0.53	0.88	-0.26	-0.42	0.91	0.38	0.74		0.88	0.99	0.89	-0.74	0.96	-0.09	0.41	0.88	0.79	0.9	0.98
Short Long Term Debt Total	0.94	0.88	0.92	0.6	0.81	0.71	0.84	0.66	0.94	-0.21	-0.24	0.99	0.49	0.68	0.88		0.87	0.99	-0.71	0.92	0.22	0.58	0.82	0.63	1.0	0.87
Property Plant And Equipment Net	0.92	0.84	0.91	0.72	0.72	0.54	0.47	0.55	0.88	-0.26	-0.42	0.9	0.46	0.78	0.99	0.87		0.87	-0.68	0.97	-0.16	0.42	0.88	0.82	0.89	0.96
Net Debt	0.92	0.87	0.91	0.57	0.8	0.6	0.81	0.63	0.92	-0.29	-0.23	0.98	0.47	0.66	0.89	0.99	0.87		-0.73	0.92	0.22	0.47	0.8	0.63	0.99	0.88
Retained Earnings	-0.64	-0.86	-0.87	-0.21	-0.89	-0.41	-0.57	-0.25	-0.65	0.28	0.19	-0.77	0.14	-0.4	-0.74	-0.71	-0.68	-0.73		-0.64	-0.32	-0.21	-0.64	-0.42	-0.72	-0.81
Non Current Assets Total	0.97	0.87	0.91	0.78	0.69	0.62	0.62	0.62	0.96	-0.21	-0.24	0.94	0.51	0.82	0.96	0.92	0.97	0.92	-0.64		-0.09	0.51	0.92	0.83	0.93	0.91
Non Currrent Assets Other	-0.04	0.18	0.14	-0.42	0.44	0.17	0.57	0.03	0.04	-0.06	0.06	0.19	-0.29	-0.32	-0.09	0.22	-0.16	0.22	-0.32	-0.09		0.07	-0.17	-0.38	0.17	0.01
Cash And Short Term Investments	0.61	0.48	0.45	0.57	0.41	0.94	0.6	0.61	0.6	0.29	-0.14	0.57	0.5	0.58	0.41	0.58	0.42	0.47	-0.21	0.51	0.07		0.54	0.44	0.58	0.37
Common Stock Total Equity	0.96	0.88	0.87	0.87	0.64	0.63	0.55	0.7	0.88	-0.18	-0.02	0.86	0.37	0.9	0.88	0.82	0.88	0.8	-0.64	0.92	-0.17	0.54		0.86	0.84	0.82
Common Stock Shares Outstanding	0.82	0.66	0.68	0.9	0.43	0.41	0.29	0.63	0.76	-0.22	-0.06	0.67	0.46	0.94	0.79	0.63	0.82	0.63	-0.42	0.83	-0.38	0.44	0.86		0.66	0.73
Non Current Liabilities Total	0.95	0.89	0.92	0.62	0.81	0.71	0.81	0.66	0.94	-0.23	-0.25	0.99	0.5	0.7	0.9	1.0	0.89	0.99	-0.72	0.93	0.17	0.58	0.84	0.66		0.89
Property Plant And Equipment Gross	0.87	0.86	0.93	0.56	0.84	0.52	0.52	0.45	0.84	-0.31	-0.45	0.9	0.31	0.66	0.98	0.87	0.96	0.88	-0.81	0.91	0.01	0.37	0.82	0.73	0.89

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Capitol Health Account Relationship Matchups

Capitol Health fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	262.3M	279.7M	265.9M	318.2M	319.5M	335.5M
Other Current Liab	25.8M	22.8M	20.0M	27.3M	46.3M	48.6M
Total Current Liabilities	40.2M	37.5M	33.5M	48.4M	70.8M	74.4M
Total Stockholder Equity	143.8M	145.7M	153.0M	137.1M	110.9M	79.7M
Accounts Payable	2.0M	1.2M	3.1M	8.3M	9.2M	9.7M
Cash	13.8M	21.7M	13.4M	19.1M	24.1M	25.3M
Long Term Debt	17M	29M	19M	72.8M	82.8M	86.9M
Net Receivables	5.5M	5.6M	3.1M	6.0M	5.1M	3.2M
Good Will	109.7M	117.8M	116.9M	157.3M	157.1M	165.0M
Short Term Investments	277K	169K	113K	103K	140K	213.4K
Total Liab	118.3M	133.6M	111.8M	180.1M	208.8M	219.3M
Intangible Assets	117.9M	126.0M	125.1M	174.2M	15.9M	15.1M
Common Stock	145.8M	148.6M	153.7M	160.2M	161.1M	84.7M
Property Plant Equipment	95.5M	100.1M	101.2M	114.4M	131.5M	138.1M
Short Long Term Debt Total	79.3M	94.1M	81.2M	135.0M	144.0M	151.2M
Property Plant And Equipment Net	95.5M	100.1M	101.2M	114.4M	115.0M	120.7M
Net Debt	65.6M	72.3M	67.8M	115.9M	119.9M	125.9M
Retained Earnings	(4.7M)	(3.0M)	(1.8M)	(25.8M)	(55.0M)	(52.3M)
Non Current Assets Total	242.0M	251.5M	245.8M	290.7M	288.1M	302.5M
Non Currrent Assets Other	(109.1M)	(117.6M)	(122.0M)	216K	15.9M	16.7M
Cash And Short Term Investments	13.8M	21.7M	13.4M	19.1M	24.2M	12.5M
Common Stock Shares Outstanding	847.4M	1.1B	1.1B	1.1B	1.1B	651.5M
Liabilities And Stockholders Equity	262.3M	279.7M	265.9M	318.2M	319.5M	161.8M
Non Current Liabilities Total	78.1M	96.1M	78.3M	131.7M	138.0M	144.9M
Property Plant And Equipment Gross	95.5M	146.0M	163.7M	197.2M	225.9M	237.2M
Total Current Assets	20.3M	28.2M	20.1M	27.5M	31.4M	22.4M
Accumulated Other Comprehensive Income	2.7M	98K	1.0M	2.7M	4.8M	5.0M
Short Term Debt	9.6M	7.9M	10.3M	11.6M	9.2M	4.8M
Other Liab	8.4M	11.8M	12.7M	8.3M	9.5M	10.0M
Current Deferred Revenue	2.8M	1.9M	(1.0)	1.2M	2.0M	2.1M
Other Assets	6.4M	5.8M	5.6M	216K	1.0	0.95
Other Current Assets	1.0M	852K	3.5M	2.3M	2.0M	1.9M
Net Tangible Assets	25.9M	19.7M	27.9M	(37.1M)	(42.6M)	(40.5M)
Long Term Investments	22.1M	19.5M	19.2M	2.0M	2.2M	2.1M
Other Stockholder Equity	(141.1M)	(145.6M)	(152.0M)	(134.4M)	(120.9M)	(114.9M)
Long Term Debt Total	69.7M	84.3M	70.9M	123.4M	141.9M	71.3M

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