| EPN Stock | | | 0.02 0.00 0.00% |
Epsilon Healthcare financial indicator trend analysis is much more than just examining Epsilon Healthcare latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Epsilon Healthcare is a good investment. Please check the relationship between Epsilon Healthcare Total Current Liabilities and its Net Invested Capital accounts. Check out
Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Epsilon Healthcare. 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.
Total Current Liabilities vs Net Invested Capital
Total Current Liabilities vs Net Invested Capital Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Epsilon Healthcare Total Current Liabilities account and
Net Invested Capital. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Epsilon Healthcare's Total Current Liabilities and Net Invested Capital is -0.41. Overlapping area represents the amount of variation of Total Current Liabilities that can explain the historical movement of Net Invested Capital in the same time period over historical financial statements of Epsilon Healthcare, assuming nothing else is changed. The correlation between historical values of Epsilon Healthcare's Total Current Liabilities and Net Invested Capital is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Current Liabilities of Epsilon Healthcare are associated (or correlated) with its Net Invested Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Invested Capital has no effect on the direction of Total Current Liabilities i.e., Epsilon Healthcare's Total Current Liabilities and Net Invested Capital go up and down completely randomly.
Correlation Coefficient | -0.41 |
| Relationship Direction | Negative |
| Relationship Strength | Very Weak |
Total Current Liabilities
Total Current Liabilities is an item on Epsilon Healthcare balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Epsilon Healthcare are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.
Net Invested Capital
The total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents.
Most indicators from Epsilon Healthcare's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Epsilon 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 Epsilon Healthcare. 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, Epsilon Healthcare's
Tax Provision is comparatively stable compared to the past year.
Selling General Administrative is likely to gain to about 4.7
M in 2024, whereas
Issuance Of Capital Stock is likely to drop slightly above 2.7
M in 2024.
Epsilon Healthcare fundamental ratios Correlations
Click cells to compare fundamentals
Epsilon Healthcare Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Epsilon Healthcare fundamental ratios Accounts
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Additional Tools for Epsilon Stock Analysis
When running Epsilon Healthcare's price analysis, check to
measure Epsilon 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 Epsilon Healthcare is operating at the current time. Most of Epsilon Healthcare's value examination focuses on studying past and present price action to
predict the probability of Epsilon 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 Epsilon Healthcare's price. Additionally, you may evaluate how the addition of Epsilon Healthcare to your portfolios can decrease your overall portfolio volatility.