PACS Net Income vs Reconciled Depreciation Analysis

PACS Stock   14.86  0.00  0.00%   
PACS Group, financial indicator trend analysis is much more than just breaking down PACS Group, prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether PACS Group, is a good investment. Please check the relationship between PACS Group, Net Income and its Reconciled Depreciation accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in PACS Group,. 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 PACS Stock please use our How to Invest in PACS Group, guide.

Net Income vs Reconciled Depreciation

JavaScript chart by amCharts 3.21.1520142016201820202022202450M60M70M80M90M100M110M120M130M140M150M 8M10M12M14M16M18M20M22M24M
JavaScript chart by amCharts 3.21.15Net Incometotal: 809MReconciled Depreciationtotal: 132.5M

Net Income vs Reconciled Depreciation Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of PACS Group, Net Income account and Reconciled Depreciation. At this time, the significance of the direction appears to have almost identical trend.
Net IncomeReconciled DepreciationDiversified AwayNet IncomeReconciled DepreciationDiversified Away100%
The correlation between PACS Group,'s Net Income and Reconciled Depreciation is 0.95. Overlapping area represents the amount of variation of Net Income that can explain the historical movement of Reconciled Depreciation in the same time period over historical financial statements of PACS Group,, assuming nothing else is changed. The correlation between historical values of PACS Group,'s Net Income and Reconciled Depreciation is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Income of PACS Group, are associated (or correlated) with its Reconciled Depreciation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Reconciled Depreciation has no effect on the direction of Net Income i.e., PACS Group,'s Net Income and Reconciled Depreciation go up and down completely randomly.

Correlation Coefficient

0.95
Relationship DirectionPositive 
Relationship StrengthVery Strong

Net Income

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

Reconciled Depreciation

Most indicators from PACS Group,'s fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into PACS Group, 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 Your Equity Center to better understand how to build diversified portfolios, which includes a position in PACS Group,. 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 PACS Stock please use our How to Invest in PACS Group, guide.At this time, PACS Group,'s Tax Provision is comparatively stable compared to the past year. Sales General And Administrative To Revenue is likely to gain to 0.07 in 2024, whereas Selling General Administrative is likely to drop slightly above 153.8 M in 2024.
 2010 2022 2023 2024 (projected)
Interest Expense5.3M25.5M49.9M29.6M
Depreciation And Amortization7.2M22.3M25.6M20.2M

PACS Group, fundamental ratios Correlations

-0.89-0.880.910.97-0.88-0.89-0.88-0.88-0.92-0.99-0.89-0.92-0.87-0.99-0.89-1.0-0.87-0.89-0.85-0.89-0.88-0.890.85-0.891.0
-0.891.0-0.62-0.761.01.01.01.01.00.951.01.01.00.951.00.891.01.01.01.01.01.0-1.01.0-0.89
-0.881.0-0.61-0.751.01.01.01.01.00.941.01.01.00.941.00.881.01.01.01.01.01.0-1.01.0-0.88
0.91-0.62-0.610.98-0.6-0.62-0.61-0.6-0.69-0.84-0.62-0.68-0.58-0.84-0.62-0.91-0.6-0.62-0.55-0.62-0.61-0.620.56-0.630.91
0.97-0.76-0.750.98-0.75-0.76-0.75-0.75-0.81-0.93-0.76-0.81-0.73-0.93-0.76-0.97-0.74-0.76-0.7-0.76-0.75-0.760.71-0.770.97
-0.881.01.0-0.6-0.751.01.01.00.990.941.01.01.00.941.00.881.01.01.01.01.01.0-1.01.0-0.88
-0.891.01.0-0.62-0.761.01.01.01.00.941.01.01.00.941.00.891.01.01.01.01.01.0-1.01.0-0.89
-0.881.01.0-0.61-0.751.01.01.00.990.941.01.01.00.941.00.881.01.01.01.01.01.0-1.01.0-0.88
-0.881.01.0-0.6-0.751.01.01.00.990.941.01.01.00.941.00.881.01.01.01.01.01.0-1.01.0-0.88
-0.921.01.0-0.69-0.810.991.00.990.990.971.01.00.990.971.00.920.991.00.991.01.01.0-0.991.0-0.92
-0.990.950.94-0.84-0.930.940.940.940.940.970.950.970.931.00.950.990.940.940.910.950.940.94-0.920.95-0.99
-0.891.01.0-0.62-0.761.01.01.01.01.00.951.01.00.951.00.891.01.01.01.01.01.0-1.01.0-0.89
-0.921.01.0-0.68-0.811.01.01.01.01.00.971.00.990.971.00.920.991.00.991.01.01.0-0.991.0-0.92
-0.871.01.0-0.58-0.731.01.01.01.00.990.931.00.990.931.00.861.01.01.01.01.01.0-1.01.0-0.87
-0.990.950.94-0.84-0.930.940.940.940.940.971.00.950.970.930.950.990.940.940.910.950.940.94-0.920.95-0.99
-0.891.01.0-0.62-0.761.01.01.01.01.00.951.01.01.00.950.891.01.01.01.01.01.0-1.01.0-0.89
-1.00.890.88-0.91-0.970.880.890.880.880.920.990.890.920.860.990.890.870.890.840.890.880.88-0.850.89-1.0
-0.871.01.0-0.6-0.741.01.01.01.00.990.941.00.991.00.941.00.871.01.01.01.01.0-1.01.0-0.87
-0.891.01.0-0.62-0.761.01.01.01.01.00.941.01.01.00.941.00.891.01.01.01.01.0-1.01.0-0.89
-0.851.01.0-0.55-0.71.01.01.01.00.990.911.00.991.00.911.00.841.01.01.01.01.0-1.01.0-0.85
-0.891.01.0-0.62-0.761.01.01.01.01.00.951.01.01.00.951.00.891.01.01.01.01.0-1.01.0-0.89
-0.881.01.0-0.61-0.751.01.01.01.01.00.941.01.01.00.941.00.881.01.01.01.01.0-1.01.0-0.88
-0.891.01.0-0.62-0.761.01.01.01.01.00.941.01.01.00.941.00.881.01.01.01.01.0-1.01.0-0.89
0.85-1.0-1.00.560.71-1.0-1.0-1.0-1.0-0.99-0.92-1.0-0.99-1.0-0.92-1.0-0.85-1.0-1.0-1.0-1.0-1.0-1.0-1.00.85
-0.891.01.0-0.63-0.771.01.01.01.01.00.951.01.01.00.951.00.891.01.01.01.01.01.0-1.0-0.89
1.0-0.89-0.880.910.97-0.88-0.89-0.88-0.88-0.92-0.99-0.89-0.92-0.87-0.99-0.89-1.0-0.87-0.89-0.85-0.89-0.88-0.890.85-0.89
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PACS Group, Account Relationship Matchups

Thematic Opportunities

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Additional Tools for PACS Stock Analysis

When running PACS Group,'s price analysis, check to measure PACS Group,'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 PACS Group, is operating at the current time. Most of PACS Group,'s value examination focuses on studying past and present price action to predict the probability of PACS Group,'s future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move PACS Group,'s price. Additionally, you may evaluate how the addition of PACS Group, to your portfolios can decrease your overall portfolio volatility.