Astrana Health Return On Asset vs. Total Debt
| ASTH Stock | 33.48 0.01 0.03% |
| Current Value | Last Year | Change From Last Year | 10 Year Trend | ||||||
|---|---|---|---|---|---|---|---|---|---|
| Gross Profit Margin | 0.2 | 0.155 |
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For Astrana Health profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Astrana Health to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Astrana Health utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Astrana Health's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Astrana Health over time as well as its relative position and ranking within its peers.
Astrana |
Astrana Health's Revenue Breakdown by Earning Segment
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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 Astrana Health. If investors know Astrana 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 Astrana Health 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 (0.30) | Earnings Share 1.3 | Revenue Per Share 36.415 | Quarterly Revenue Growth 0.375 | Return On Assets 0.0449 |
The market value of Astrana Health is measured differently than its book value, which is the value of Astrana that is recorded on the company's balance sheet. Investors also form their own opinion of Astrana Health's value that differs from its market value or its book value, called intrinsic value, which is Astrana 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 Astrana Health's market value can be influenced by many factors that don't directly affect Astrana 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 Astrana Health's value and its price as these two are different measures arrived at by different means. Investors typically determine if Astrana Health is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Astrana 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.
Astrana Health Total Debt vs. Return On Asset Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Astrana Health's current stock value. Our valuation model uses many indicators to compare Astrana Health value to that of its competitors to determine the firm's financial worth. Astrana Health is number one stock in return on asset category among its peers. It also is the top company in total debt category among its peers making up about 7,149,532,294 of Total Debt per Return On Asset. The current Total Debt To Capitalization is estimated to decrease to 0.20. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Astrana Health's earnings, one of the primary drivers of an investment's value.Astrana Total Debt vs. Return On Asset
Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.
Astrana Health |
| = | 0.0449 |
Return on Asset measures overall efficiency of a company in generating profits from its total assets. It is expressed as the percentage of profits earned per dollar of Asset. A low ROA typically means that a company is asset-intensive and therefore will needs more money to continue generating revenue in the future.
Total Debt refers to the amount of long term interest-bearing liabilities that a company carries on its balance sheet. That may include bonds sold to the public, notes written to banks or capital leases. Typically, debt can help a company magnify its earnings, but the burden of interest and principal payments will eventually prevent the firm from borrow excessively.
Astrana Health |
| = | 321.01 M |
In most industries, total debt may also include the current portion of long-term debt. Since debt terms vary widely from one company to another, simply comparing outstanding debt obligations between different companies may not be adequate. It is usually meant to compare total debt amounts between companies that operate within the same sector.
Astrana Total Debt vs Competition
Astrana Health is the top company in total debt category among its peers. Total debt of Health Care industry is presently estimated at about 314.61 Billion. Astrana Health adds roughly 321.01 Million in total debt claiming only tiny portion of equities under Health Care industry.
Astrana Health Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Astrana Health, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Astrana Health will eventually generate negative long term returns. The profitability progress is the general direction of Astrana Health's change in net profit over the period of time. It can combine multiple indicators of Astrana Health, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
| Last Reported | Projected for Next Year | ||
| Accumulated Other Comprehensive Income | -14.4 M | -13.7 M | |
| Operating Income | 84.6 M | 88.8 M | |
| Income Before Tax | 89.8 M | 94.3 M | |
| Net Income | 57.8 M | 60.7 M | |
| Total Other Income Expense Net | 5.2 M | 5.5 M | |
| Income Tax Expense | 32 M | 33.6 M | |
| Net Income From Continuing Ops | 57.8 M | 31.4 M | |
| Non Operating Income Net Other | -11.2 M | -10.6 M | |
| Net Income Applicable To Common Shares | 56.4 M | 59.2 M | |
| Interest Income | 14.2 M | 14.9 M | |
| Net Interest Income | -1.9 M | -2 M | |
| Change To Netincome | -3.3 M | -3.5 M | |
| Net Income Per Share | 1.30 | 1.36 | |
| Income Quality | 1.18 | 1.06 | |
| Net Income Per E B T | 0.68 | 0.71 |
Astrana Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Astrana Health. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Astrana Health position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Astrana Health's important profitability drivers and their relationship over time.
Use Astrana Health in pair-trading
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Astrana Health position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Astrana Health will appreciate offsetting losses from the drop in the long position's value.Astrana Health Pair Trading
Astrana Health Pair Trading Analysis
The ability to find closely correlated positions to Astrana Health could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Astrana Health when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Astrana Health - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Astrana Health to buy it.
The correlation of Astrana Health is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Astrana Health moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Astrana Health moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Astrana Health can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Use Investing Themes to Complement your Astrana Health position
In addition to having Astrana Health in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
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Check out Trending Equities. For more detail on how to invest in Astrana Stock please use our How to Invest in Astrana Health guide.You can also try the Idea Optimizer module to use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio .
To fully project Astrana Health's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Astrana Health at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Astrana Health's income statement, its balance sheet, and the statement of cash flows.