National Cost Of Revenue vs Net Income Analysis

NHC Stock

USD 122.49 0.36 0.29%

National HealthCare financial indicator trend analysis is infinitely more than just investigating National HealthCare recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether National HealthCare is a good investment. Please check the relationship between National HealthCare Cost Of Revenue and its Net Income accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in National 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 rate.

For information on how to trade National Stock refer to our How to Trade National Stock guide.

Cost Of Revenue vs Net Income

Cost Of Revenue vs Net Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of National HealthCare Cost Of Revenue account and Net Income. At this time, the significance of the direction appears to have weak relationship.

The correlation between National HealthCare's Cost Of Revenue and Net Income is 0.34. Overlapping area represents the amount of variation of Cost Of Revenue that can explain the historical movement of Net Income in the same time period over historical financial statements of National HealthCare, assuming nothing else is changed. The correlation between historical values of National HealthCare's Cost Of Revenue and Net Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cost Of Revenue of National HealthCare are associated (or correlated) with its Net Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income has no effect on the direction of Cost Of Revenue i.e., National HealthCare's Cost Of Revenue and Net Income go up and down completely randomly.

Correlation Coefficient

0.34

Relationship Direction	Positive
Relationship Strength	Very Weak

View All Relationships

Cost Of Revenue

Cost of Revenue is found on National HealthCare income statement and represents the costs associated with goods and services National HealthCare provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in National HealthCare financial statement analysis. It represents the amount of money remaining after all of National HealthCare operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.

Most indicators from National HealthCare's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into National 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 Correlation Analysis to better understand how to build diversified portfolios, which includes a position in National 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 rate.

For information on how to trade National Stock refer to our How to Trade National Stock guide.At present, National HealthCare's Sales General And Administrative To Revenue is projected to slightly decrease based on the last few years of reporting. The current year's Enterprise Value is expected to grow to about 1.3 B, whereas Selling General Administrative is forecasted to decline to about 39.4 M.

	2021	2022	2023	2024 (projected)
Gross Profit	344.9M	388.1M	429.2M	333.8M
Total Revenue	1.0B	1.1B	1.1B	710.2M

Gross Profit Total Revenue

National HealthCare fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Intangible Assets	Retained Earnings	Common Stock Total Equity	Short Term Investments
Total Assets		0.25	0.62	0.74	0.79	0.9	-0.12	0.87	0.46	0.96	0.64	0.85	0.91	0.7	0.43	0.89	0.06	0.08	0.83	0.47	0.78	-0.05	0.03	0.73	0.82	0.72
Short Long Term Debt Total	0.25		0.31	-0.21	-0.08	0.12	0.74	0.44	-0.02	0.45	0.74	0.05	0.02	-0.37	0.93	0.03	-0.36	-0.34	0.69	0.13	-0.26	-0.64	-0.58	0.2	0.15	0.14
Other Current Liab	0.62	0.31		0.27	0.46	0.57	0.06	0.76	0.25	0.68	0.52	0.56	0.49	0.15	0.55	0.56	-0.32	0.56	0.65	0.37	0.29	-0.54	-0.1	0.51	0.54	0.47
Total Current Liabilities	0.74	-0.21	0.27		0.71	0.52	-0.37	0.47	0.34	0.53	0.36	0.86	0.64	0.82	-0.15	0.82	0.1	0.13	0.48	0.39	0.97	0.56	0.23	0.52	0.5	0.58
Total Stockholder Equity	0.79	-0.08	0.46	0.71		0.7	-0.33	0.71	0.37	0.71	0.38	0.68	0.85	0.74	0.14	0.78	0.1	0.13	0.56	0.76	0.73	0.07	0.1	0.92	0.82	0.58
Property Plant And Equipment Net	0.9	0.12	0.57	0.52	0.7		-0.16	0.8	0.38	0.9	0.36	0.68	0.93	0.71	0.37	0.8	0.19	0.18	0.65	0.27	0.64	-0.13	0.23	0.61	0.81	0.7
Net Debt	-0.12	0.74	0.06	-0.37	-0.33	-0.16		0.09	-0.69	0.05	0.27	-0.27	-0.3	-0.52	0.57	-0.25	-0.65	-0.06	0.28	-0.01	-0.47	-0.38	-0.46	-0.05	-0.1	-0.1
Accounts Payable	0.87	0.44	0.76	0.47	0.71	0.8	0.09		0.34	0.91	0.73	0.67	0.8	0.47	0.66	0.81	-0.08	0.14	0.88	0.55	0.51	-0.38	-0.09	0.75	0.8	0.69
Cash	0.46	-0.02	0.25	0.34	0.37	0.38	-0.69	0.34		0.42	0.38	0.47	0.47	0.37	0.14	0.4	0.57	-0.27	0.33	0.12	0.43	-0.11	0.06	0.25	0.3	0.3
Non Current Assets Total	0.96	0.45	0.68	0.53	0.71	0.9	0.05	0.91	0.42		0.72	0.73	0.86	0.52	0.63	0.79	-0.03	0.02	0.88	0.45	0.57	-0.3	-0.1	0.73	0.81	0.67
Non Currrent Assets Other	0.64	0.74	0.52	0.36	0.38	0.36	0.27	0.73	0.38	0.72		0.56	0.37	0.11	0.75	0.53	-0.23	-0.28	0.89	0.43	0.29	-0.38	-0.39	0.51	0.39	0.5
Cash And Short Term Investments	0.85	0.05	0.56	0.86	0.68	0.68	-0.27	0.67	0.47	0.73	0.56		0.69	0.72	0.19	0.91	-0.07	0.16	0.7	0.39	0.85	0.17	0.17	0.56	0.62	0.8
Net Receivables	0.91	0.02	0.49	0.64	0.85	0.93	-0.3	0.8	0.47	0.86	0.37	0.69		0.8	0.26	0.83	0.28	0.13	0.63	0.5	0.76	0.0	0.16	0.76	0.91	0.63
Common Stock Shares Outstanding	0.7	-0.37	0.15	0.82	0.74	0.71	-0.52	0.47	0.37	0.52	0.11	0.72	0.8		-0.19	0.84	0.42	0.12	0.33	0.28	0.89	0.49	0.55	0.49	0.6	0.7
Non Current Liabilities Total	0.43	0.93	0.55	-0.15	0.14	0.37	0.57	0.66	0.14	0.63	0.75	0.19	0.26	-0.19		0.24	-0.26	-0.19	0.8	0.25	-0.15	-0.79	-0.42	0.37	0.38	0.34
Inventory	0.89	0.03	0.56	0.82	0.78	0.8	-0.25	0.81	0.4	0.79	0.53	0.91	0.83	0.84	0.24		0.09	0.19	0.71	0.43	0.84	0.11	0.32	0.63	0.72	0.89
Other Current Assets	0.06	-0.36	-0.32	0.1	0.1	0.19	-0.65	-0.08	0.57	-0.03	-0.23	-0.07	0.28	0.42	-0.26	0.09		-0.33	-0.17	-0.24	0.23	0.22	0.5	-0.15	0.03	0.04
Other Stockholder Equity	0.08	-0.34	0.56	0.13	0.13	0.18	-0.06	0.14	-0.27	0.02	-0.28	0.16	0.13	0.12	-0.19	0.19	-0.33		-0.09	0.04	0.18	0.0	0.2	0.09	0.17	0.06
Total Liab	0.83	0.69	0.65	0.48	0.56	0.65	0.28	0.88	0.33	0.88	0.89	0.7	0.63	0.33	0.8	0.71	-0.17	-0.09		0.46	0.46	-0.36	-0.23	0.65	0.65	0.66
Property Plant And Equipment Gross	0.47	0.13	0.37	0.39	0.76	0.27	-0.01	0.55	0.12	0.45	0.43	0.39	0.5	0.28	0.25	0.43	-0.24	0.04	0.46		0.36	-0.12	-0.22	0.84	0.71	0.25
Total Current Assets	0.78	-0.26	0.29	0.97	0.73	0.64	-0.47	0.51	0.43	0.57	0.29	0.85	0.76	0.89	-0.15	0.84	0.23	0.18	0.46	0.36		0.53	0.31	0.52	0.6	0.59
Short Term Debt	-0.05	-0.64	-0.54	0.56	0.07	-0.13	-0.38	-0.38	-0.11	-0.3	-0.38	0.17	0.0	0.49	-0.79	0.11	0.22	0.0	-0.36	-0.12	0.53		0.36	-0.15	-0.15	-0.05
Intangible Assets	0.03	-0.58	-0.1	0.23	0.1	0.23	-0.46	-0.09	0.06	-0.1	-0.39	0.17	0.16	0.55	-0.42	0.32	0.5	0.2	-0.23	-0.22	0.31	0.36		-0.25	-0.01	0.4
Retained Earnings	0.73	0.2	0.51	0.52	0.92	0.61	-0.05	0.75	0.25	0.73	0.51	0.56	0.76	0.49	0.37	0.63	-0.15	0.09	0.65	0.84	0.52	-0.15	-0.25		0.84	0.44
Common Stock Total Equity	0.82	0.15	0.54	0.5	0.82	0.81	-0.1	0.8	0.3	0.81	0.39	0.62	0.91	0.6	0.38	0.72	0.03	0.17	0.65	0.71	0.6	-0.15	-0.01	0.84		0.55
Short Term Investments	0.72	0.14	0.47	0.58	0.58	0.7	-0.1	0.69	0.3	0.67	0.5	0.8	0.63	0.7	0.34	0.89	0.04	0.06	0.66	0.25	0.59	-0.05	0.4	0.44	0.55

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National HealthCare Account Relationship Matchups

National HealthCare fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	1.3B	1.4B	1.4B	1.3B	1.3B	772.0M
Short Long Term Debt Total	232.0M	194.0M	166.7M	125.9M	93.4M	76.8M
Other Current Liab	15.0M	200.4M	176.2M	112.8M	134.9M	72.8M
Total Current Liabilities	194.8M	281.2M	263.2M	197.9M	214.5M	165.7M
Total Stockholder Equity	778.6M	795.2M	903.0M	874.3M	908.8M	954.2M
Property Plant And Equipment Net	535.4M	520.3M	521.0M	627.1M	587.5M	349.6M
Net Debt	29.3M	46.9M	59.0M	67.3M	(13.7M)	(13.0M)
Accounts Payable	18.9M	21.1M	22.5M	17.0M	19.2M	14.7M
Cash	202.8M	147.1M	107.6M	58.7M	107.1M	68.6M
Non Current Assets Total	945.6M	905.4M	976.8M	921.5M	904.6M	499.2M
Non Currrent Assets Other	410.2M	385.1M	455.8M	106.2M	125.4M	110.8M
Cash And Short Term Investments	202.8M	323.4M	256.0M	182.6M	223.6M	131.1M
Net Receivables	97.2M	90.6M	96.6M	100.3M	109.0M	78.1M
Common Stock Shares Outstanding	15.4M	15.4M	15.4M	15.4M	15.4M	14.1M
Liabilities And Stockholders Equity	1.3B	1.4B	1.4B	1.3B	1.3B	772.0M
Non Current Liabilities Total	313.3M	285.7M	237.2M	200.0M	185.8M	156.3M
Inventory	7.4M	8.8M	8.6M	7.1M	7.4M	6.4M
Other Current Assets	183.0M	33.9M	7.4M	64.0M	66.2M	76.5M
Other Stockholder Equity	(330.3M)	226.9M	232.2M	227.0M	227.6M	134.4M
Total Liab	508.1M	567.0M	500.4M	397.9M	400.3M	321.9M
Property Plant And Equipment Gross	738.3M	699.4M	1.1B	506.5M	1.2B	1.3B
Total Current Assets	341.1M	456.8M	426.6M	353.9M	406.2M	272.8M
Accumulated Other Comprehensive Income	2.6M	5.1M	1.6M	(9.5M)	(6.6M)	(6.3M)
Short Term Debt	38.4M	59.7M	64.5M	68.1M	60.4M	46.7M
Retained Earnings	553.1M	563.0M	669.1M	656.7M	687.6M	722.0M
Short Term Investments	152.5M	176.4M	148.4M	123.9M	116.5M	114.8M
Other Liab	119.2M	285.7M	237.2M	108.2M	124.4M	89.4M
Other Assets	147.1M	385.1M	455.8M	117.1M	134.6M	114.1M
Property Plant Equipment	535.4M	520.3M	521.0M	506.5M	582.5M	403.6M
Current Deferred Revenue	122.4M	67.3M	24.5M	10.9M	(60.8M)	(57.7M)
Noncontrolling Interest In Consolidated Entity	476K	3.1M	5.5M	3.2M	3.7M	3.9M
Retained Earnings Total Equity	553.1M	563.0M	669.1M	656.7M	755.2M	448.2M
Net Tangible Assets	778.6M	795.2M	903.0M	874.3M	1.0B	815.6M

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When determining whether National HealthCare offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of National 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 National Healthcare Stock. Outlined below are crucial reports that will aid in making a well-informed decision on National Healthcare Stock:

How To Invest In National

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Is National Stock a good investment?

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What is National HealthCare's Net Worth?

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Largest Health Care Providers & Services Companies

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Largest Health Care Equipment & Services Companies

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Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in National 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 rate.

For information on how to trade National Stock refer to our How to Trade National Stock guide.

You can also try the Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.

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 National HealthCare. If investors know National 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 National 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

3.021

Dividend Share

2.4

Earnings Share

7.99

Revenue Per Share

79.613

Quarterly Revenue Growth

0.179

The market value of National HealthCare is measured differently than its book value, which is the value of National that is recorded on the company's balance sheet. Investors also form their own opinion of National HealthCare's value that differs from its market value or its book value, called intrinsic value, which is National 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 National HealthCare's market value can be influenced by many factors that don't directly affect National 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 National HealthCare's value and its price as these two are different measures arrived at by different means. Investors typically determine if National HealthCare is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, National 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.

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National Cost Of Revenue vs Net Income Analysis

Cost Of Revenue vs Net Income

Cost Of Revenue vs Net Income Correlation Analysis

Correlation Coefficient

Cost Of Revenue

Net Income

National HealthCare fundamental ratios Correlations

National HealthCare Account Relationship Matchups

High Positive Relationship

High Negative Relationship

National HealthCare fundamental ratios Accounts

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COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Current Assets	+ 0.97	Total Current Liabilities
Non Current Assets Total	+ 0.96	Total Assets
Non Current Liabilities Total	+ 0.93	Short Long Term Debt Total
Net Receivables	+ 0.93	Property Plant And Equipment Net
Retained Earnings	+ 0.92	Total Stockholder Equity
Net Receivables	+ 0.91	Total Assets

Short Term Debt	- 0.79	Non Current Liabilities Total
Cash	- 0.69	Net Debt
Other Current Assets	- 0.65	Net Debt
Short Term Debt	- 0.64	Short Long Term Debt Total
Intangible Assets	- 0.58	Short Long Term Debt Total
Short Term Debt	- 0.54	Other Current Liab