National Minority Interest vs Depreciation And Amortization 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 Minority Interest and its Depreciation And Amortization 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.
Minority Interest vs Depreciation And Amortization
Minority Interest vs Depreciation And Amortization Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of National HealthCare Minority Interest account and Depreciation And Amortization. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between National HealthCare's Minority Interest and Depreciation And Amortization is -0.2. Overlapping area represents the amount of variation of Minority Interest that can explain the historical movement of Depreciation And Amortization 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 Minority Interest and Depreciation And Amortization is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Minority Interest of National HealthCare are associated (or correlated) with its Depreciation And Amortization. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Depreciation And Amortization has no effect on the direction of Minority Interest i.e., National HealthCare's Minority Interest and Depreciation And Amortization go up and down completely randomly.
Correlation Coefficient | -0.2 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Minority Interest
Minority Interest is the portion of a subsidiary corporation stock that is not owned by the parent corporation. The magnitude of the minority interest in the subsidiary company is generally less than 50% of outstanding shares, otherwise the corporation would generally cease to be a subsidiary of the parent. Minority Interest can also be called non-controlling interest.All shareholders of National HealthCare whose combined shares represent less than 50% of the total outstanding shares issued by National HealthCare have a minority interest in National HealthCare.Depreciation And Amortization
The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.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 |
National HealthCare fundamental ratios Correlations
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National HealthCare Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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 |
Also Currently Popular
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 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: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 Manager module to state of the art Portfolio Manager to monitor and improve performance of your invested capital.
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.