Community Intangible Assets vs Accounts Payable Analysis

CYH Stock  USD 3.44  0.02  0.58%   
Community Health financial indicator trend analysis is way more than just evaluating Community Health Systems prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Community Health Systems is a good investment. Please check the relationship between Community Health Intangible Assets and its Accounts Payable accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Community Health Systems. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in manufacturing.

Intangible Assets vs Accounts Payable

Intangible Assets vs Accounts Payable Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Community Health Systems Intangible Assets account and Accounts Payable. At this time, the significance of the direction appears to have weak relationship.
The correlation between Community Health's Intangible Assets and Accounts Payable is 0.37. Overlapping area represents the amount of variation of Intangible Assets that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of Community Health Systems, assuming nothing else is changed. The correlation between historical values of Community Health's Intangible Assets and Accounts Payable is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Intangible Assets of Community Health Systems are associated (or correlated) with its Accounts Payable. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accounts Payable has no effect on the direction of Intangible Assets i.e., Community Health's Intangible Assets and Accounts Payable go up and down completely randomly.

Correlation Coefficient

0.37
Relationship DirectionPositive 
Relationship StrengthVery Weak

Intangible Assets

Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.

Accounts Payable

An accounting item on the balance sheet that represents Community Health obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Community Health Systems are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.
Most indicators from Community Health's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Community Health Systems 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 Health Systems. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in manufacturing.
As of now, Community Health's Tax Provision is increasing as compared to previous years. The Community Health's current Enterprise Value Over EBITDA is estimated to increase to 10.81, while Selling General Administrative is projected to decrease to under 303.1 M.
 2021 2022 2023 2024 (projected)
Gross Profit5.1B4.9B5.1B4.9B
Total Revenue12.4B12.2B12.5B10.9B

Community Health fundamental ratios Correlations

0.880.190.940.540.980.880.380.970.181.00.930.180.970.590.490.920.980.750.550.930.760.950.380.370.59
0.880.310.920.10.790.99-0.080.870.250.860.910.250.930.750.770.990.910.90.860.990.750.910.540.020.75
0.190.310.42-0.20.150.26-0.250.260.540.150.210.540.160.360.350.310.20.320.40.320.190.350.080.410.36
0.940.920.420.330.880.90.160.910.410.920.930.410.940.70.640.950.930.820.70.960.750.990.550.30.7
0.540.1-0.20.330.630.120.980.5-0.110.580.36-0.110.42-0.18-0.370.190.45-0.01-0.370.210.270.36-0.150.71-0.18
0.980.790.150.880.630.80.490.970.10.980.860.10.930.550.390.850.970.650.410.860.740.90.230.440.55
0.880.990.260.90.120.8-0.060.870.150.860.910.150.930.740.760.990.910.90.840.980.770.890.510.020.74
0.38-0.08-0.250.160.980.49-0.060.34-0.150.420.19-0.150.24-0.33-0.530.010.29-0.18-0.530.040.120.2-0.270.7-0.33
0.970.870.260.910.50.970.870.340.110.960.90.110.960.650.50.910.980.750.550.910.760.920.260.370.65
0.180.250.540.41-0.110.10.15-0.150.110.120.161.00.110.140.190.260.150.230.290.29-0.030.430.390.050.14
1.00.860.150.920.580.980.860.420.960.120.920.120.970.570.460.90.970.720.510.910.760.930.340.390.56
0.930.910.210.930.360.860.910.190.90.160.920.160.970.690.650.930.910.840.690.940.820.920.60.220.69
0.180.250.540.41-0.110.10.15-0.150.111.00.120.160.110.140.190.260.150.230.290.29-0.030.430.390.050.14
0.970.930.160.940.420.930.930.240.960.110.970.970.110.690.610.950.970.830.660.960.810.940.480.210.69
0.590.750.360.7-0.180.550.74-0.330.650.140.570.690.140.690.890.740.650.820.810.740.740.670.48-0.11.0
0.490.770.350.64-0.370.390.76-0.530.50.190.460.650.190.610.890.720.560.870.940.720.760.580.63-0.280.89
0.920.990.310.950.190.850.990.010.910.260.90.930.260.950.740.720.950.890.811.00.770.950.510.10.74
0.980.910.20.930.450.970.910.290.980.150.970.910.150.970.650.560.950.780.610.950.780.940.350.270.65
0.750.90.320.82-0.010.650.9-0.180.750.230.720.840.230.830.820.870.890.780.90.880.850.80.6-0.070.82
0.550.860.40.7-0.370.410.84-0.530.550.290.510.690.290.660.810.940.810.610.90.80.650.670.65-0.280.8
0.930.990.320.960.210.860.980.040.910.290.910.940.290.960.740.721.00.950.880.80.770.960.520.130.74
0.760.750.190.750.270.740.770.120.76-0.030.760.82-0.030.810.740.760.770.780.850.650.770.70.470.20.74
0.950.910.350.990.360.90.890.20.920.430.930.920.430.940.670.580.950.940.80.670.960.70.50.270.67
0.380.540.080.55-0.150.230.51-0.270.260.390.340.60.390.480.480.630.510.350.60.650.520.470.5-0.230.48
0.370.020.410.30.710.440.020.70.370.050.390.220.050.21-0.1-0.280.10.27-0.07-0.280.130.20.27-0.23-0.1
0.590.750.360.7-0.180.550.74-0.330.650.140.560.690.140.691.00.890.740.650.820.80.740.740.670.48-0.1
Click cells to compare fundamentals

Community Health Account Relationship Matchups

Community Health fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets15.6B16.0B15.2B14.7B14.5B13.9B
Short Long Term Debt Total14.0B12.9B12.8B12.4B12.2B9.5B
Other Current Liab1.3B1.7B1.2B1.1B986M711.9M
Total Current Liabilities2.3B2.8B2.4B2.2B2.1B1.8B
Total Stockholder Equity(2.2B)(1.6B)(1.4B)(1.4B)(1.4B)(1.3B)
Property Plant And Equipment Net5.6B5.3B5.6B5.4B5.2B5.4B
Net Debt13.8B11.2B12.3B12.3B12.1B9.2B
Retained Earnings(4.2B)(3.7B)(3.5B)(3.4B)(3.6B)(3.4B)
Accounts Payable887M811M683M725M686M656.2M
Cash216M1.7B507M118M38M36.1M
Non Current Assets Total12.2B11.5B11.7B11.6B11.2B10.9B
Non Currrent Assets Other1.9B1.7B1.8B1.9B1.9B1.3B
Cash And Short Term Investments216M1.7B507M118M38M36.1M
Net Receivables2.3B2.1B2.2B2.1B2.4B1.9B
Common Stock Shares Outstanding113.7M116.5M130.6M130.1M130.4M112.2M
Liabilities And Stockholders Equity15.6B16.0B15.2B14.7B14.5B13.9B
Non Current Liabilities Total15.0B14.2B13.7B13.2B13.1B10.6B
Inventory354M335M355M353M328M308.1M
Other Current Assets358M436M441M474M557M297.9M
Other Stockholder Equity2.0B2.1B2.1B2.1B2.2B1.7B
Total Liab17.2B17.1B16.0B15.4B15.3B12.4B
Property Plant And Equipment Gross5.6B5.3B9.8B9.6B9.5B6.0B
Total Current Assets3.4B4.5B3.5B3.1B3.2B2.9B
Accumulated Other Comprehensive Income(21M)(10M)(9M)(13M)(14M)(14.7M)
Short Term Debt156M407M325M317M269M148.0M
Intangible Assets384M304M269M220M185M175.8M
Other Liab1.1B1.6B1.0B998M1.1B940.3M
Other Assets1.4B2.0B2.0B1.1B1.3B953.6M
Long Term Debt13.4B12.1B12.1B11.6B11.5B9.6B
Good Will4.6B4.3B4.2B4.2B4.0B4.2B
Property Plant Equipment5.6B5.3B5.6B5.4B6.2B5.6B
Net Tangible Assets(6.0B)(5.4B)(5.1B)(5.0B)(4.5B)(4.7B)
Warrants502M484M480M541M622.2M532.4M
Noncontrolling Interest In Consolidated Entity77M87M82M92M105.8M80.7M
Retained Earnings Total Equity(4.2B)(3.7B)(3.5B)(3.4B)(3.1B)(2.9B)
Long Term Debt Total13.4B12.1B12.1B11.6B13.4B14.0B

Currently Active Assets on Macroaxis

When determining whether Community Health Systems offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Community Health's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Community Health Systems Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Community Health Systems Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Community Health Systems. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in manufacturing.
You can also try the Commodity Channel module to use Commodity Channel Index to analyze current equity momentum.
Is Health Care Providers & Services space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Community Health. If investors know Community will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Community Health listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.89)
Earnings Share
(3.02)
Revenue Per Share
95.314
Quarterly Revenue Growth
0.001
Return On Assets
0.0353
The market value of Community Health Systems is measured differently than its book value, which is the value of Community that is recorded on the company's balance sheet. Investors also form their own opinion of Community Health's value that differs from its market value or its book value, called intrinsic value, which is Community Health's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Community Health's market value can be influenced by many factors that don't directly affect Community Health's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Community Health's value and its price as these two are different measures arrived at by different means. Investors typically determine if Community Health is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Community Health's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.