McKesson Ptb Ratio vs Inventory Turnover Analysis
MCK Stock | USD 577.67 0.76 0.13% |
McKesson financial indicator trend analysis is infinitely more than just investigating McKesson recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether McKesson is a good investment. Please check the relationship between McKesson Ptb Ratio and its Inventory Turnover accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in McKesson. 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. For more information on how to buy McKesson Stock please use our How to buy in McKesson Stock guide.
Ptb Ratio vs Inventory Turnover
Ptb Ratio vs Inventory Turnover Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of McKesson Ptb Ratio account and Inventory Turnover. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between McKesson's Ptb Ratio and Inventory Turnover is -0.02. Overlapping area represents the amount of variation of Ptb Ratio that can explain the historical movement of Inventory Turnover in the same time period over historical financial statements of McKesson, assuming nothing else is changed. The correlation between historical values of McKesson's Ptb Ratio and Inventory Turnover is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Ptb Ratio of McKesson are associated (or correlated) with its Inventory Turnover. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Inventory Turnover has no effect on the direction of Ptb Ratio i.e., McKesson's Ptb Ratio and Inventory Turnover go up and down completely randomly.
Correlation Coefficient | -0.02 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Ptb Ratio
Price-to-Book ratio, a financial valuation metric used to compare a company's current market price to its book value. It provides insight into the value that market participants place on the company's equity relative to its net asset value.Inventory Turnover
A ratio showing how many times a company's inventory is sold and replaced over a period, indicating the efficiency of inventory management.Most indicators from McKesson's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into McKesson 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 Correlation Analysis to better understand how to build diversified portfolios, which includes a position in McKesson. 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. For more information on how to buy McKesson Stock please use our How to buy in McKesson Stock guide.At this time, McKesson's Issuance Of Capital Stock is quite stable compared to the past year. Enterprise Value Over EBITDA is expected to rise to 28.19 this year, although the value of Tax Provision will most likely fall to about 410.6 M.
2021 | 2022 | 2023 | 2024 (projected) | |
Gross Profit | 13.1B | 12.4B | 12.6B | 7.2B |
Total Revenue | 264.0B | 276.7B | 309.0B | 324.4B |
McKesson fundamental ratios Correlations
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McKesson Account Relationship Matchups
High Positive Relationship
High Negative Relationship
McKesson fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 61.2B | 65.0B | 63.3B | 62.3B | 67.4B | 36.5B | |
Short Long Term Debt Total | 9.4B | 9.4B | 7.5B | 7.3B | 7.4B | 4.8B | |
Other Current Liab | 683M | 3.6B | 9.0B | 3.9B | 4.6B | 2.9B | |
Total Current Liabilities | 42.6B | 44.1B | 48.5B | 48.0B | 52.4B | 55.0B | |
Total Stockholder Equity | 5.1B | (21M) | (2.3B) | (1.9B) | (2.0B) | (1.9B) | |
Property Plant And Equipment Net | 4.3B | 4.7B | 3.6B | 3.8B | 4.0B | 4.2B | |
Net Debt | 5.4B | 3.1B | 4.0B | 2.6B | 2.8B | 2.2B | |
Retained Earnings | 13.0B | 8.2B | 9.0B | 12.3B | 15.0B | 7.5B | |
Accounts Payable | 37.2B | 39.0B | 38.1B | 42.5B | 47.1B | 49.5B | |
Cash | 4.0B | 6.3B | 3.5B | 4.7B | 4.6B | 2.6B | |
Non Current Assets Total | 19.0B | 19.6B | 17.1B | 18.0B | 19.5B | 11.0B | |
Non Currrent Assets Other | 2.3B | 2.6B | 1.9B | 2.0B | 2.8B | 1.7B | |
Cash And Short Term Investments | 4.0B | 6.3B | 3.5B | 4.7B | 4.6B | 2.6B | |
Net Receivables | 20.0B | 19.2B | 18.6B | 19.4B | 21.6B | 11.0B | |
Common Stock Shares Outstanding | 182M | 160.6M | 154.1M | 142.2M | 134.1M | 184.3M | |
Liabilities And Stockholders Equity | 61.2B | 65.0B | 63.3B | 62.3B | 67.4B | 36.5B | |
Non Current Liabilities Total | 11.9B | 19.5B | 16.6B | 15.9B | 16.7B | 17.5B | |
Inventory | 16.7B | 19.2B | 18.7B | 19.7B | 21.1B | 11.2B | |
Other Current Assets | 617M | 677M | 5.4B | 513M | 626M | 676.4M | |
Other Stockholder Equity | (6.2B) | (6.7B) | (9.8B) | (13.3B) | (16.1B) | (15.3B) | |
Total Liab | 54.5B | 63.6B | 65.1B | 63.8B | 69.0B | 72.5B | |
Property Plant And Equipment Gross | 4.3B | 4.7B | 3.6B | 3.8B | 6.5B | 6.8B | |
Total Current Assets | 42.2B | 45.4B | 46.2B | 44.3B | 48.0B | 25.5B | |
Accumulated Other Comprehensive Income | (1.7B) | (1.5B) | (1.5B) | (905M) | (881M) | (925.1M) | |
Short Term Debt | 1.4B | 1.5B | 1.4B | 1.6B | 640M | 696.3M | |
Intangible Assets | 3.2B | 2.9B | 2.1B | 2.3B | 2.1B | 2.0B | |
Other Liab | 3.9B | 11.2B | 10.1B | 9.8B | 11.3B | 11.8B | |
Other Assets | 1.9B | 2.6B | 1.3B | 1.8B | 2.0B | 1.7B | |
Long Term Debt | 6.3B | 6.4B | 5.1B | 4.6B | 5.6B | 4.5B | |
Treasury Stock | (8.9B) | (12.9B) | (13.7B) | (17.0B) | (15.3B) | (14.6B) | |
Property Plant Equipment | 2.4B | 2.6B | 2.1B | 2.2B | 2.5B | 1.5B | |
Good Will | 9.4B | 9.5B | 9.5B | 9.9B | 10.1B | 6.9B | |
Net Tangible Assets | (4.4B) | (9.3B) | (12.4B) | (12.7B) | (11.4B) | (10.8B) | |
Noncontrolling Interest In Consolidated Entity | 217M | 196M | 480M | 367M | 422.1M | 302.3M | |
Retained Earnings Total Equity | 13.0B | 8.2B | 9.0B | 12.3B | 14.1B | 11.7B |
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Try AI Portfolio ArchitectCheck out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in McKesson. 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. For more information on how to buy McKesson Stock please use our How to buy in McKesson Stock guide.You can also try the Commodity Directory module to find actively traded commodities issued by global exchanges.
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 McKesson. If investors know McKesson 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 McKesson 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 (0.62) | Dividend Share 2.57 | Earnings Share 19.32 | Revenue Per Share 2.5 K | Quarterly Revenue Growth 0.213 |
The market value of McKesson is measured differently than its book value, which is the value of McKesson that is recorded on the company's balance sheet. Investors also form their own opinion of McKesson's value that differs from its market value or its book value, called intrinsic value, which is McKesson'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 McKesson's market value can be influenced by many factors that don't directly affect McKesson'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 McKesson's value and its price as these two are different measures arrived at by different means. Investors typically determine if McKesson is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, McKesson'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.