Oncology Property Plant And Equipment Gross vs Non Currrent Assets Other Analysis

TOI Stock  USD 0.16  0.01  5.88%   
Oncology Institute financial indicator trend analysis is much more than just breaking down Oncology Institute prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Oncology Institute is a good investment. Please check the relationship between Oncology Institute Property Plant And Equipment Gross and its Non Currrent Assets Other accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Oncology Institute. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.
For more detail on how to invest in Oncology Stock please use our How to Invest in Oncology Institute guide.

Property Plant And Equipment Gross vs Non Currrent Assets Other

Property Plant And Equipment Gross vs Non Currrent Assets Other Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Oncology Institute Property Plant And Equipment Gross account and Non Currrent Assets Other. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Oncology Institute's Property Plant And Equipment Gross and Non Currrent Assets Other is 0.87. Overlapping area represents the amount of variation of Property Plant And Equipment Gross that can explain the historical movement of Non Currrent Assets Other in the same time period over historical financial statements of Oncology Institute, assuming nothing else is changed. The correlation between historical values of Oncology Institute's Property Plant And Equipment Gross and Non Currrent Assets Other is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant And Equipment Gross of Oncology Institute are associated (or correlated) with its Non Currrent Assets Other. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Currrent Assets Other has no effect on the direction of Property Plant And Equipment Gross i.e., Oncology Institute's Property Plant And Equipment Gross and Non Currrent Assets Other go up and down completely randomly.

Correlation Coefficient

0.87
Relationship DirectionPositive 
Relationship StrengthStrong

Property Plant And Equipment Gross

Non Currrent Assets Other

Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.
Most indicators from Oncology Institute's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Oncology Institute 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 World Market Map to better understand how to build diversified portfolios, which includes a position in Oncology Institute. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.
For more detail on how to invest in Oncology Stock please use our How to Invest in Oncology Institute guide.The Oncology Institute's current Selling General Administrative is estimated to increase to about 121.1 M, while Tax Provision is forecasted to increase to (84.5 K).
 2021 2022 2023 2024 (projected)
Interest Expense320K4.1M6.8M7.1M
Depreciation And Amortization3.3M4.4M5.9M3.8M

Oncology Institute fundamental ratios Correlations

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0.790.940.970.860.840.70.980.680.12-0.770.820.860.630.890.880.770.490.910.790.990.930.910.880.660.99
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0.310.450.40.230.750.710.52-0.07-0.410.060.190.590.420.10.20.490.080.25-0.050.510.330.250.4-0.120.42
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0.760.860.880.850.570.170.710.910.61-0.90.660.430.680.980.960.790.97-0.050.950.760.90.950.870.90.86
0.780.910.960.870.810.740.970.640.06-0.770.860.890.580.860.840.990.730.510.870.760.930.890.830.630.98
0.890.960.980.970.770.460.850.820.38-0.880.810.670.740.940.950.930.910.330.960.90.930.980.90.80.96
0.860.970.980.920.780.360.840.880.49-0.870.710.590.80.980.990.910.960.251.00.950.890.980.950.860.96
0.780.980.940.770.890.360.840.830.47-0.720.520.540.90.90.950.880.930.40.970.870.830.90.950.790.92
0.720.790.790.780.55-0.030.621.00.79-0.920.550.280.710.870.830.660.91-0.120.860.90.630.80.860.790.74
0.820.970.990.890.840.60.950.760.25-0.820.80.790.70.940.930.990.850.420.950.860.980.960.960.920.74
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Oncology Institute Account Relationship Matchups

Oncology Institute fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding64.4M59.1M66.2M80.6M73.7M68.4M

Currently Active Assets on Macroaxis

When determining whether Oncology Institute offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Oncology Institute'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 Oncology Institute Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Oncology Institute Stock:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Oncology Institute. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.
For more detail on how to invest in Oncology Stock please use our How to Invest in Oncology Institute guide.
You can also try the My Watchlist Analysis module to analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like.
Is Health Care Equipment & Supplies 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 Oncology Institute. If investors know Oncology 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 Oncology Institute listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.77)
Revenue Per Share
4.873
Quarterly Revenue Growth
0.229
Return On Assets
(0.19)
Return On Equity
(1.26)
The market value of Oncology Institute is measured differently than its book value, which is the value of Oncology that is recorded on the company's balance sheet. Investors also form their own opinion of Oncology Institute's value that differs from its market value or its book value, called intrinsic value, which is Oncology Institute'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 Oncology Institute's market value can be influenced by many factors that don't directly affect Oncology Institute'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 Oncology Institute's value and its price as these two are different measures arrived at by different means. Investors typically determine if Oncology Institute is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Oncology Institute'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.