DaVita Accounts Payable vs Long Term Investments Analysis

DVA Stock  USD 165.63  2.33  1.39%   
DaVita HealthCare financial indicator trend analysis is much more than just examining DaVita HealthCare latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether DaVita HealthCare is a good investment. Please check the relationship between DaVita HealthCare Accounts Payable and its Long Term Investments accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in DaVita HealthCare Partners. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real.

Accounts Payable vs Long Term Investments

Accounts Payable vs Long Term Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of DaVita HealthCare Accounts Payable account and Long Term Investments. At this time, the significance of the direction appears to have weak relationship.
The correlation between DaVita HealthCare's Accounts Payable and Long Term Investments is 0.38. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Long Term Investments in the same time period over historical financial statements of DaVita HealthCare Partners, assuming nothing else is changed. The correlation between historical values of DaVita HealthCare's Accounts Payable and Long 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 Accounts Payable of DaVita HealthCare Partners are associated (or correlated) with its Long Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Investments has no effect on the direction of Accounts Payable i.e., DaVita HealthCare's Accounts Payable and Long Term Investments go up and down completely randomly.

Correlation Coefficient

0.38
Relationship DirectionPositive 
Relationship StrengthVery Weak

Accounts Payable

An accounting item on the balance sheet that represents DaVita HealthCare 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 DaVita HealthCare 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.

Long Term Investments

Long Term Investments is an item on the asset side of DaVita HealthCare balance sheet that represents investments DaVita HealthCare intends to hold for over a year. DaVita HealthCare Partners long term investments may include different instruments such as stocks, bonds, real estate and cash.
Most indicators from DaVita HealthCare's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into DaVita 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in DaVita HealthCare Partners. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real.
At present, DaVita HealthCare's Discontinued Operations is projected to increase significantly based on the last few years of reporting. The current year's Tax Provision is expected to grow to about 235.8 M, whereas Selling General Administrative is forecasted to decline to about 797.4 M.
 2021 2022 2023 2024 (projected)
Gross Profit3.6B3.4B3.8B2.1B
Total Revenue11.6B11.6B12.1B7.1B

DaVita HealthCare fundamental ratios Correlations

0.90.490.820.550.430.720.430.960.510.92-0.520.490.930.460.910.80.490.670.950.670.320.320.190.460.45
0.90.570.730.130.720.860.010.860.270.89-0.480.240.960.070.990.620.560.540.990.460.40.030.510.040.03
0.490.570.77-0.060.620.75-0.260.47-0.280.27-0.09-0.280.57-0.20.470.37-0.120.460.580.650.78-0.450.57-0.1-0.12
0.820.730.770.40.360.640.260.770.160.59-0.420.130.780.270.660.570.050.620.790.840.760.00.170.310.3
0.550.13-0.060.4-0.38-0.020.940.530.690.39-0.270.710.260.930.190.590.090.460.260.58-0.10.72-0.530.950.95
0.430.720.620.36-0.380.89-0.540.4-0.030.5-0.14-0.070.65-0.370.680.270.440.280.640.090.37-0.430.88-0.35-0.37
0.720.860.750.64-0.020.89-0.210.690.10.71-0.190.060.83-0.050.830.490.460.460.840.380.48-0.140.78-0.05-0.06
0.430.01-0.260.260.94-0.54-0.210.430.640.3-0.280.660.160.950.090.50.040.180.140.46-0.210.72-0.670.860.87
0.960.860.470.770.530.40.690.430.470.89-0.430.470.920.450.890.860.490.570.920.630.240.310.230.450.42
0.510.27-0.280.160.69-0.030.10.640.470.55-0.330.980.340.70.350.560.450.380.320.18-0.270.64-0.220.740.74
0.920.890.270.590.390.50.710.30.890.55-0.480.530.90.360.940.680.780.550.910.320.130.440.30.330.31
-0.52-0.48-0.09-0.42-0.27-0.14-0.19-0.28-0.43-0.33-0.48-0.34-0.52-0.27-0.46-0.4-0.28-0.3-0.48-0.35-0.12-0.130.19-0.2-0.24
0.490.24-0.280.130.71-0.070.060.660.470.980.53-0.340.320.690.320.610.450.380.290.17-0.30.66-0.240.760.76
0.930.960.570.780.260.650.830.160.920.340.9-0.520.320.220.960.730.520.510.980.540.40.060.430.190.17
0.460.07-0.20.270.93-0.37-0.050.950.450.70.36-0.270.690.220.140.470.120.210.180.44-0.150.7-0.530.90.91
0.910.990.470.660.190.680.830.090.890.350.94-0.460.320.960.140.680.640.510.980.410.260.130.480.110.09
0.80.620.370.570.590.270.490.50.860.560.68-0.40.610.730.470.680.310.530.70.640.00.240.130.560.54
0.490.56-0.120.050.090.440.460.040.490.450.78-0.280.450.520.120.640.310.240.53-0.29-0.230.490.30.080.07
0.670.540.460.620.460.280.460.180.570.380.55-0.30.380.510.210.510.530.240.580.560.280.260.110.470.46
0.950.990.580.790.260.640.840.140.920.320.91-0.480.290.980.180.980.70.530.580.550.410.10.430.170.15
0.670.460.650.840.580.090.380.460.630.180.32-0.350.170.540.440.410.64-0.290.560.550.51-0.04-0.10.480.48
0.320.40.780.76-0.10.370.48-0.210.24-0.270.13-0.12-0.30.4-0.150.260.0-0.230.280.410.51-0.370.3-0.12-0.12
0.320.03-0.450.00.72-0.43-0.140.720.310.640.44-0.130.660.060.70.130.240.490.260.1-0.04-0.37-0.450.690.69
0.190.510.570.17-0.530.880.78-0.670.23-0.220.30.19-0.240.43-0.530.480.130.30.110.43-0.10.3-0.45-0.46-0.49
0.460.04-0.10.310.95-0.35-0.050.860.450.740.33-0.20.760.190.90.110.560.080.470.170.48-0.120.69-0.461.0
0.450.03-0.120.30.95-0.37-0.060.870.420.740.31-0.240.760.170.910.090.540.070.460.150.48-0.120.69-0.491.0
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DaVita HealthCare Account Relationship Matchups

DaVita HealthCare fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets17.3B17.0B17.1B16.9B16.9B10.2B
Short Long Term Debt Total11.2B11.2B12.0B11.8B11.1B5.7B
Other Current Liab756.2M1.5B1.4B1.5B1.6B1.7B
Total Current Liabilities2.4B2.5B2.4B2.6B2.6B1.6B
Total Stockholder Equity2.1B1.4B755.5M712.3M1.1B1.9B
Property Plant And Equipment Net6.3B6.4B6.3B5.9B5.6B5.9B
Net Debt10.1B10.9B11.5B11.6B10.7B11.3B
Retained Earnings1.4B852.5M354.3M174.5M598.3M568.4M
Accounts Payable403.8M434.3M402.0M479.8M514.5M284.0M
Cash1.1B325.0M461.9M244.1M380.1M450.3M
Non Current Assets Total13.6B13.8B14.0B13.8B13.8B7.6B
Non Currrent Assets Other(461.6M)(730.1M)(694.3M)(467.2M)271.3M284.8M
Cash And Short Term Investments1.1B345.1M484.2M321.8M391.7M501.7M
Net Receivables2.3B2.4B2.4B2.6B2.4B1.4B
Common Stock Shares Outstanding153.8M122.6M109.9M95.8M93.2M149.6M
Liabilities And Stockholders Equity17.3B17.0B17.1B16.9B17.6B10.2B
Non Current Liabilities Total11.4B11.6B12.4B12.1B12.2B6.1B
Inventory97.9M111.6M107.4M109.1M143.1M83.8M
Other Current Assets173.2M253.2M165.6M173.7M187.2M104.4M
Other Stockholder Equity749.0M597.1M540.3M606.9M509.8M367.2M
Total Liab13.8B14.1B14.8B14.7B14.9B7.7B
Total Current Assets3.7B3.1B3.2B3.2B3.1B2.6B
Short Term Debt474.6M538.0M573.4M626.8M517.7M543.6M
Intangible Assets135.7M166.6M177.7M182.7M203.2M193.1M
Property Plant And Equipment Gross6.3B6.4B11.1B11.2B11.3B11.9B
Accumulated Other Comprehensive Income(47.5M)(66.2M)(139.2M)(69.2M)(52.1M)(54.7M)
Common Stock Total Equity126K110K97K90K103.5K149.1K
Common Stock126K110K97K90K89K147.1K
Other Liab738.4M959.7M950.1M888.0M1.0B1.1B
Other Assets91.5M79.5M136.7M1K725.9M762.2M
Long Term Debt8.0B7.9B8.7B8.7B8.3B6.2B
Property Plant Equipment3.5B3.5B3.5B3.3B3.7B2.0B
Good Will6.8B6.9B7.0B7.1B7.1B6.3B
Short Term Investments11.6M20.1M22.3M77.7M11.6M11.0M
Net Tangible Assets(3.6B)(4.4B)(5.0B)(5.2B)(4.7B)(4.9B)
Noncontrolling Interest In Consolidated Entity185.8M183.2M180.6M163.6M147.2M139.8M
Retained Earnings Total Equity1.4B852.5M354.3M174.5M157.0M149.2M

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether DaVita HealthCare offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of DaVita HealthCare'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 Davita Healthcare Partners Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Davita Healthcare Partners Stock:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in DaVita HealthCare Partners. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real.
You can also try the Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.
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 DaVita HealthCare. If investors know DaVita 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 DaVita HealthCare 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
(0.05)
Earnings Share
9.28
Revenue Per Share
145.293
Quarterly Revenue Growth
0.046
Return On Assets
0.0694
The market value of DaVita HealthCare is measured differently than its book value, which is the value of DaVita that is recorded on the company's balance sheet. Investors also form their own opinion of DaVita HealthCare's value that differs from its market value or its book value, called intrinsic value, which is DaVita HealthCare'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 DaVita HealthCare's market value can be influenced by many factors that don't directly affect DaVita HealthCare'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 DaVita HealthCare's value and its price as these two are different measures arrived at by different means. Investors typically determine if DaVita HealthCare is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, DaVita HealthCare'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.