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 Property Plant And Equipment Net and its Net Receivables 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.
Property Plant And Equipment Net vs Net Receivables
Property Plant And Equipment Net vs Net Receivables Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Capitol Health Property Plant And Equipment Net account and
Net Receivables. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Capitol Health's Property Plant And Equipment Net and Net Receivables is 0.55. Overlapping area represents the amount of variation of Property Plant And Equipment Net that can explain the historical movement of Net Receivables 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 Property Plant And Equipment Net and Net Receivables is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant And Equipment Net of Capitol Health are associated (or correlated) with its Net Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Receivables has no effect on the direction of Property Plant And Equipment Net i.e., Capitol Health's Property Plant And Equipment Net and Net Receivables go up and down completely randomly.
Correlation Coefficient | 0.55 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Property Plant And Equipment Net
The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.
Net Receivables
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.
Capitol Health fundamental ratios Correlations
Click cells to compare fundamentals
Capitol Health Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Capitol Health fundamental ratios Accounts
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Additional Tools for Capitol Stock Analysis
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measure Capitol Health'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 Capitol Health is operating at the current time. Most of Capitol Health's value examination focuses on studying past and present price action to
predict the probability of Capitol Health's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Capitol Health's price. Additionally, you may evaluate how the addition of Capitol Health to your portfolios can decrease your overall portfolio volatility.