Medibank Total Current Assets vs Retained Earnings Analysis

MPL Stock

3.78 0.05 1.31%

Medibank Private financial indicator trend analysis is infinitely more than just investigating Medibank Private recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Medibank Private is a good investment. Please check the relationship between Medibank Private Total Current Assets and its Retained Earnings accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Medibank Private. 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 Assets vs Retained Earnings

Total Current Assets vs Retained Earnings Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Medibank Private Total Current Assets account and Retained Earnings. At this time, the significance of the direction appears to have fragmental relationship.

The correlation between Medibank Private's Total Current Assets and Retained Earnings is 0.48. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Retained Earnings in the same time period over historical financial statements of Medibank Private, assuming nothing else is changed. The correlation between historical values of Medibank Private's Total Current Assets and Retained Earnings 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 Assets of Medibank Private are associated (or correlated) with its Retained Earnings. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Retained Earnings has no effect on the direction of Total Current Assets i.e., Medibank Private's Total Current Assets and Retained Earnings go up and down completely randomly.

Correlation Coefficient

0.48

Relationship Direction	Positive
Relationship Strength	Weak

View All Relationships

Total Current Assets

The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.

Most indicators from Medibank Private's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Medibank Private 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 Medibank Private. 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.

Selling General Administrative is likely to gain to about 792.3 M in 2024, whereas Tax Provision is likely to drop slightly above 186.5 M in 2024.

	2021	2022	2023	2024 (projected)
Operating Income	557.9M	730.3M	7.1M	6.7M
Total Revenue	7.2B	7.5B	8.0B	5.6B

Operating Income Total Revenue

Medibank Private fundamental ratios Correlations

	Total Assets	Total Stockholder Equity	Other Liab	Retained Earnings	Accounts Payable	Cash	Other Assets	Short Term Investments	Total Liab	Intangible Assets	Property Plant Equipment	Common Stock	Good Will	Other Current Liab	Total Current Liabilities	Property Plant And Equipment Net	Net Debt	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Common Stock Shares Outstanding	Other Current Assets	Other Stockholder Equity	Total Current Assets	Net Tangible Assets	Net Receivables
Total Assets		0.97	0.05	0.97	0.44	0.48	0.02	0.39	0.51	0.61	0.41	-0.07	0.69	0.14	0.6	0.14	0.57	0.01	-0.72	-0.24	-0.07	0.74	-0.63	0.54	0.76	-0.48
Total Stockholder Equity	0.97		0.01	1.0	0.42	0.47	-0.04	0.36	0.45	0.63	0.32	-0.11	0.71	0.14	0.47	0.12	0.55	0.04	-0.7	-0.21	-0.11	0.77	-0.55	0.48	0.78	-0.49
Other Liab	0.05	0.01		-0.02	0.15	0.52	-0.04	-0.11	-0.32	-0.2	0.25	-0.02	0.13	0.11	-0.3	0.1	-0.22	0.16	0.31	0.18	-0.02	-0.32	0.26	-0.17	-0.19	0.15
Retained Earnings	0.97	1.0	-0.02		0.43	0.45	0.01	0.41	0.45	0.66	0.3	-0.09	0.69	0.15	0.5	0.06	0.55	-0.01	-0.7	-0.24	-0.09	0.78	-0.56	0.48	0.78	-0.47
Accounts Payable	0.44	0.42	0.15	0.43		0.4	0.46	0.33	-0.32	0.61	0.72	0.28	-0.16	-0.33	0.01	-0.09	0.4	-0.42	-0.04	-0.56	0.28	0.16	0.13	-0.25	-0.05	0.19
Cash	0.48	0.47	0.52	0.45	0.4		-0.04	0.12	0.14	0.39	0.62	-0.06	0.51	-0.24	0.16	0.25	-0.25	0.12	-0.1	0.4	-0.06	0.14	-0.22	0.21	0.13	-0.2
Other Assets	0.02	-0.04	-0.04	0.01	0.46	-0.04		0.75	-0.4	0.46	0.17	0.89	-0.45	-0.07	0.16	-0.67	-0.05	-0.97	0.31	-0.48	0.89	-0.06	0.28	-0.55	-0.39	0.76
Short Term Investments	0.39	0.36	-0.11	0.41	0.33	0.12	0.75		0.04	0.65	0.04	0.6	-0.02	0.12	0.49	-0.64	0.08	-0.69	-0.09	-0.35	0.6	0.44	-0.15	-0.09	0.12	0.35
Total Liab	0.51	0.45	-0.32	0.45	-0.32	0.14	-0.4	0.04		0.24	0.04	-0.48	0.68	0.37	0.8	0.25	0.21	0.45	-0.75	0.23	-0.48	0.49	-0.93	0.93	0.67	-0.74
Intangible Assets	0.61	0.63	-0.2	0.66	0.61	0.39	0.46	0.65	0.24		0.49	0.25	0.13	-0.05	0.46	-0.35	0.27	-0.46	-0.32	-0.39	0.25	0.45	-0.28	0.09	0.17	0.02
Property Plant Equipment	0.41	0.32	0.25	0.3	0.72	0.62	0.17	0.04	0.04	0.49		0.08	0.03	-0.27	0.18	0.38	0.16	-0.09	-0.09	-0.12	0.08	-0.02	-0.16	0.07	-0.08	-0.04
Common Stock	-0.07	-0.11	-0.02	-0.09	0.28	-0.06	0.89	0.6	-0.48	0.25	0.08		-0.37	-0.09	-0.03	-0.44	-0.25	-0.9	0.5	-0.2	1.0	-0.23	0.42	-0.66	-0.44	0.84
Good Will	0.69	0.71	0.13	0.69	-0.16	0.51	-0.45	-0.02	0.68	0.13	0.03	-0.37		0.26	0.44	0.38	0.08	0.48	-0.58	0.42	-0.37	0.48	-0.66	0.71	0.75	-0.68
Other Current Liab	0.14	0.14	0.11	0.15	-0.33	-0.24	-0.07	0.12	0.37	-0.05	-0.27	-0.09	0.26		0.31	-0.14	0.17	0.14	-0.2	-0.09	-0.09	0.06	-0.35	0.34	0.32	-0.12
Total Current Liabilities	0.6	0.47	-0.3	0.5	0.01	0.16	0.16	0.49	0.8	0.46	0.18	-0.03	0.44	0.31		-0.1	0.3	-0.08	-0.71	-0.11	-0.03	0.58	-0.88	0.72	0.55	-0.42
Property Plant And Equipment Net	0.14	0.12	0.1	0.06	-0.09	0.25	-0.67	-0.64	0.25	-0.35	0.38	-0.44	0.38	-0.14	-0.1		0.04	0.67	-0.18	0.46	-0.44	-0.04	-0.24	0.38	0.26	-0.51
Net Debt	0.57	0.55	-0.22	0.55	0.4	-0.25	-0.05	0.08	0.21	0.27	0.16	-0.25	0.08	0.17	0.3	0.04		0.01	-0.7	-0.78	-0.25	0.61	-0.38	0.33	0.58	-0.43
Non Current Assets Total	0.01	0.04	0.16	-0.01	-0.42	0.12	-0.97	-0.69	0.45	-0.46	-0.09	-0.9	0.48	0.14	-0.08	0.67	0.01		-0.29	0.5	-0.9	0.02	-0.33	0.61	0.38	-0.75
Non Currrent Assets Other	-0.72	-0.7	0.31	-0.7	-0.04	-0.1	0.31	-0.09	-0.75	-0.32	-0.09	0.5	-0.58	-0.2	-0.71	-0.18	-0.7	-0.29		0.24	0.5	-0.85	0.87	-0.84	-0.88	0.83
Cash And Short Term Investments	-0.24	-0.21	0.18	-0.24	-0.56	0.4	-0.48	-0.35	0.23	-0.39	-0.12	-0.2	0.42	-0.09	-0.11	0.46	-0.78	0.5	0.24		-0.2	-0.29	-0.07	0.2	-0.06	-0.18
Common Stock Shares Outstanding	-0.07	-0.11	-0.02	-0.09	0.28	-0.06	0.89	0.6	-0.48	0.25	0.08	1.0	-0.37	-0.09	-0.03	-0.44	-0.25	-0.9	0.5	-0.2		-0.23	0.42	-0.66	-0.44	0.84
Other Current Assets	0.74	0.77	-0.32	0.78	0.16	0.14	-0.06	0.44	0.49	0.45	-0.02	-0.23	0.48	0.06	0.58	-0.04	0.61	0.02	-0.85	-0.29	-0.23		-0.65	0.57	0.84	-0.58
Other Stockholder Equity	-0.63	-0.55	0.26	-0.56	0.13	-0.22	0.28	-0.15	-0.93	-0.28	-0.16	0.42	-0.66	-0.35	-0.88	-0.24	-0.38	-0.33	0.87	-0.07	0.42	-0.65		-0.95	-0.76	0.77
Total Current Assets	0.54	0.48	-0.17	0.48	-0.25	0.21	-0.55	-0.09	0.93	0.09	0.07	-0.66	0.71	0.34	0.72	0.38	0.33	0.61	-0.84	0.2	-0.66	0.57	-0.95		0.78	-0.9
Net Tangible Assets	0.76	0.78	-0.19	0.78	-0.05	0.13	-0.39	0.12	0.67	0.17	-0.08	-0.44	0.75	0.32	0.55	0.26	0.58	0.38	-0.88	-0.06	-0.44	0.84	-0.76	0.78		-0.79
Net Receivables	-0.48	-0.49	0.15	-0.47	0.19	-0.2	0.76	0.35	-0.74	0.02	-0.04	0.84	-0.68	-0.12	-0.42	-0.51	-0.43	-0.75	0.83	-0.18	0.84	-0.58	0.77	-0.9	-0.79

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Medibank Private Account Relationship Matchups

Medibank Private fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	3.7B	3.9B	4.6B	4.4B	4.7B	3.1B
Total Stockholder Equity	1.8B	1.9B	1.9B	2.1B	2.3B	1.5B
Other Liab	117.7M	97.1M	120.5M	177.3M	203.9M	174.3M
Retained Earnings	1.7B	1.8B	1.8B	2.0B	2.1B	1.4B
Accounts Payable	230.2M	239.9M	241.4M	215.7M	163.8M	171.5M
Cash	871.4M	671.7M	596.7M	420.6M	691M	573.5M
Other Assets	2.3B	2.7B	3.5B	3.5B	(6.9B)	(6.6B)
Short Term Investments	2.0B	2.3B	2.9B	2.9B	236.9M	225.1M
Total Liab	1.9B	2.0B	2.6B	2.3B	2.4B	2.5B
Intangible Assets	363.7M	345.3M	332.3M	328.1M	143.3M	218.0M
Property Plant Equipment	112.2M	101.7M	88.4M	70.5M	81.1M	72.4M
Other Current Liab	(315.8M)	(268M)	(388.6M)	1.3B	12.1M	12.7M
Total Current Liabilities	1.1B	1.0B	1.6B	1.3B	364.2M	518.5M
Net Debt	(762.2M)	(578.3M)	(519.8M)	(365.3M)	(472.7M)	(496.3M)
Non Current Assets Total	674.5M	718.1M	876.2M	755.5M	6.9B	7.2B
Non Currrent Assets Other	(2.1B)	(2.4B)	(2.9B)	(3.0B)	(3.5B)	(3.4B)
Cash And Short Term Investments	871.4M	671.7M	596.7M	420.6M	927.9M	702.2M
Liabilities And Stockholders Equity	3.7B	3.9B	4.6B	4.4B	4.7B	3.9B
Other Current Assets	3.1B	3.2B	3.7B	3.4B	3.8B	2.7B
Other Stockholder Equity	(1.8B)	(1.9B)	(1.9B)	(2.1B)	(1.9B)	(1.8B)
Total Current Assets	3.1B	3.2B	3.7B	3.6B	4.7B	5.0B
Accumulated Other Comprehensive Income	22.4M	22.3M	25.7M	27.9M	152.3M	159.9M
Net Tangible Assets	1.4B	1.6B	1.6B	1.8B	2.0B	1.6B
Net Receivables	207.1M	215.9M	225.4M	248.1M	39.5M	37.5M
Short Term Debt	27.9M	28.1M	30.2M	30.9M	66.6M	63.3M
Non Current Liabilities Total	880.1M	978.3M	1.0B	997.2M	2.4B	2.5B
Inventory	(1.1B)	(887.6M)	(822.1M)	(668.7M)	(967.4M)	(1.0B)
Long Term Investments	298.4M	343.8M	338.3M	392.1M	295.6M	334.5M
Long Term Debt Total	81.3M	65.3M	46.7M	24.4M	28.1M	34.2M
Net Invested Capital	1.8B	1.9B	1.9B	2.1B	2.3B	2.1B
Cash And Equivalents	871.4M	671.7M	596.7M	420.6M	378.5M	489.3M

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