CHCT Stock | | | USD 18.90 0.11 0.59% |
Community Healthcare financial indicator trend analysis is way more than just evaluating Community Healthcare prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Community Healthcare is a good investment. Please check the relationship between Community Healthcare Asset Turnover and its Total Cash From Operating Activities accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Community Healthcare 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 main economic indicators.
Asset Turnover vs Total Cash From Operating Activities
Asset Turnover vs Total Cash From Operating Activities Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Community Healthcare Asset Turnover account and
Total Cash From Operating Activities. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Community Healthcare's Asset Turnover and Total Cash From Operating Activities is -0.7. Overlapping area represents the amount of variation of Asset Turnover that can explain the historical movement of Total Cash From Operating Activities in the same time period over historical financial statements of Community Healthcare Trust, assuming nothing else is changed. The correlation between historical values of Community Healthcare's Asset Turnover and Total Cash From Operating Activities is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Asset Turnover of Community Healthcare Trust are associated (or correlated) with its Total Cash From Operating Activities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Cash From Operating Activities has no effect on the direction of Asset Turnover i.e., Community Healthcare's Asset Turnover and Total Cash From Operating Activities go up and down completely randomly.
Correlation Coefficient | -0.7 |
Relationship Direction | Negative |
Relationship Strength | Weak |
Asset Turnover
The ratio of net sales to average total assets, indicating how efficiently a company uses its assets to generate sales.
Total Cash From Operating Activities
Most indicators from Community Healthcare's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Community 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 Community Healthcare 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 main economic indicators.
At this time, Community Healthcare's
Selling General Administrative is comparatively stable compared to the past year.
Tax Provision is likely to gain to about 321.3
K in 2024, whereas
Issuance Of Capital Stock is likely to drop slightly above 44
M in 2024.
Community Healthcare fundamental ratios Correlations
Click cells to compare fundamentals
Community Healthcare Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Community Healthcare fundamental ratios Accounts
Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Additional Tools for Community Stock Analysis
When running Community Healthcare's price analysis, check to
measure Community 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 Community Healthcare is operating at the current time. Most of Community Healthcare's value examination focuses on studying past and present price action to
predict the probability of Community 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 Community Healthcare's price. Additionally, you may evaluate how the addition of Community Healthcare to your portfolios can decrease your overall portfolio volatility.