Regional Capital Expenditures vs Depreciation Analysis
RHE Stock | USD 1.51 0.01 0.67% |
Regional Health financial indicator trend analysis is much more than just breaking down Regional Health Prop prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Regional Health Prop is a good investment. Please check the relationship between Regional Health Capital Expenditures and its Depreciation accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Regional Health Properties. 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.
Capital Expenditures vs Depreciation
Capital Expenditures vs Depreciation Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Regional Health Prop Capital Expenditures account and Depreciation. At this time, the significance of the direction appears to have strong relationship.
The correlation between Regional Health's Capital Expenditures and Depreciation is 0.65. Overlapping area represents the amount of variation of Capital Expenditures that can explain the historical movement of Depreciation in the same time period over historical financial statements of Regional Health Properties, assuming nothing else is changed. The correlation between historical values of Regional Health's Capital Expenditures and 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 Capital Expenditures of Regional Health Properties are associated (or correlated) with its Depreciation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Depreciation has no effect on the direction of Capital Expenditures i.e., Regional Health's Capital Expenditures and Depreciation go up and down completely randomly.
Correlation Coefficient | 0.65 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Capital Expenditures
Capital Expenditures are funds used by Regional Health Prop to acquire physical assets such as property, industrial buildings or equipment. This type of outlay is used by management to increase the scope of Regional Health operations. These expenditures can include everything from repairing an office equipment, building a brand new facility, or writing new software.Depreciation
Depreciation indicates how much of Regional Health Prop value has been used up. For tax purposes Regional Health can deduct the cost of the tangible assets it purchases as business expenses. However, Regional Health Properties must depreciate these assets in accordance with IRS rules about how and when the deduction may be taken, and how long it will last. The systematic allocation of the cost of a tangible asset over its useful life.Most indicators from Regional Health's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Regional Health Prop 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 Regional Health Properties. 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. At present, Regional Health's Enterprise Value Over EBITDA is projected to decrease significantly based on the last few years of reporting. The current year's Enterprise Value Multiple is expected to grow to 41.58, whereas Tax Provision is forecasted to decline to (41.6 K).
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 10.3M | 10.0M | 4.2M | 4.0M | Total Revenue | 26.7M | 35.9M | 17.2M | 16.3M |
Regional Health fundamental ratios Correlations
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Regional Health Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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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 Regional Health Prop is a strong investment it is important to analyze Regional Health's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Regional Health's future performance. For an informed investment choice regarding Regional Stock, refer to the following important reports:Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Regional Health Properties. 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. You can also try the Portfolio Analyzer module to portfolio analysis module that provides access to portfolio diagnostics and optimization engine.
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 Regional Health. If investors know Regional 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 Regional Health listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (1.55) | Revenue Per Share 8.558 | Quarterly Revenue Growth (0.06) | Return On Assets (0) | Return On Equity (5.34) |
The market value of Regional Health Prop is measured differently than its book value, which is the value of Regional that is recorded on the company's balance sheet. Investors also form their own opinion of Regional Health's value that differs from its market value or its book value, called intrinsic value, which is Regional Health'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 Regional Health's market value can be influenced by many factors that don't directly affect Regional Health'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 Regional Health's value and its price as these two are different measures arrived at by different means. Investors typically determine if Regional Health is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Regional Health'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.