Chemed Retained Earnings vs Property Plant And Equipment Net Analysis
CHE Stock | USD 565.29 3.08 0.54% |
Chemed Corp financial indicator trend analysis is way more than just evaluating Chemed Corp prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Chemed Corp is a good investment. Please check the relationship between Chemed Corp Retained Earnings and its Property Plant And Equipment Net accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Chemed Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in rate. For information on how to trade Chemed Stock refer to our How to Trade Chemed Stock guide.
Retained Earnings vs Property Plant And Equipment Net
Retained Earnings vs Property Plant And Equipment Net Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Chemed Corp Retained Earnings account and Property Plant And Equipment Net. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Chemed Corp's Retained Earnings and Property Plant And Equipment Net is 0.96. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Property Plant And Equipment Net in the same time period over historical financial statements of Chemed Corp, assuming nothing else is changed. The correlation between historical values of Chemed Corp's Retained Earnings and Property Plant And Equipment Net is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Retained Earnings of Chemed Corp are associated (or correlated) with its Property Plant And Equipment Net. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant And Equipment Net has no effect on the direction of Retained Earnings i.e., Chemed Corp's Retained Earnings and Property Plant And Equipment Net go up and down completely randomly.
Correlation Coefficient | 0.96 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Retained Earnings
The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.Property Plant And Equipment Net
The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.Most indicators from Chemed Corp's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Chemed Corp 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Chemed Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in rate. For information on how to trade Chemed Stock refer to our How to Trade Chemed Stock guide.At present, Chemed Corp's Enterprise Value is projected to increase significantly based on the last few years of reporting.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 769.8M | 765.1M | 738.0M | 370.4M | Total Revenue | 2.1B | 2.1B | 2.3B | 2.4B |
Chemed Corp fundamental ratios Correlations
Click cells to compare fundamentals
Chemed Corp Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Chemed Corp fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 1.3B | 1.4B | 1.3B | 1.4B | 1.8B | 1.8B | |
Short Long Term Debt Total | 215.9M | 135.4M | 323.5M | 247.0M | 155.1M | 148.7M | |
Other Current Liab | 43.8M | 42.6M | 39.0M | 172.7M | 202.5M | 212.6M | |
Total Current Liabilities | 262.2M | 299.1M | 302.4M | 297.2M | 312.1M | 167.5M | |
Total Stockholder Equity | 726.6M | 901.2M | 623.3M | 798.7M | 1.1B | 1.2B | |
Property Plant And Equipment Net | 287.4M | 311.3M | 318.7M | 335.4M | 330.2M | 346.7M | |
Net Debt | 209.8M | (27.3M) | 290.6M | 172.9M | (108.8M) | (103.4M) | |
Retained Earnings | 1.4B | 1.7B | 2.0B | 2.2B | 2.4B | 2.6B | |
Cash | 6.2M | 162.7M | 32.9M | 74.1M | 264.0M | 277.2M | |
Non Current Assets Total | 1.1B | 1.1B | 1.1B | 1.2B | 1.3B | 1.3B | |
Non Currrent Assets Other | (9.5M) | (11.9M) | (88.2M) | (37.3M) | 55.6M | 33.5M | |
Cash And Short Term Investments | 6.2M | 162.7M | 32.9M | 74.1M | 264.0M | 277.2M | |
Net Receivables | 143.8M | 126.9M | 137.2M | 139.4M | 181.5M | 93.9M | |
Good Will | 577.4M | 578.6M | 578.6M | 581.3M | 585.0M | 339.2M | |
Common Stock Shares Outstanding | 16.5M | 16.4M | 15.9M | 15.1M | 15.2M | 15.9M | |
Liabilities And Stockholders Equity | 1.3B | 1.4B | 1.3B | 1.4B | 1.8B | 1.8B | |
Non Current Liabilities Total | 279.5M | 234.6M | 417.1M | 346.1M | 340.9M | 197.1M | |
Inventory | 7.5M | 7.1M | 10.1M | 10.3M | 12.0M | 16.1M | |
Other Current Assets | 33.2M | 32.8M | 50.1M | 48.8M | 43.4M | 31.9M | |
Other Stockholder Equity | (737.3M) | (861.2M) | (1.4B) | (1.4B) | (1.4B) | (1.3B) | |
Total Liab | 541.7M | 533.7M | 719.5M | 643.3M | 652.9M | 364.6M | |
Property Plant And Equipment Gross | 287.4M | 311.3M | 318.7M | 335.4M | 685.1M | 719.4M | |
Total Current Assets | 190.7M | 329.4M | 230.3M | 272.6M | 500.8M | 525.9M | |
Accumulated Other Comprehensive Income | 2.3M | 2.3M | 2.2M | 2.2M | 2.1M | 2.2M | |
Short Term Debt | 39.3M | 36.2M | 37.9M | 44.0M | 54.3M | 57.1M | |
Intangible Assets | 126.4M | 118.1M | 108.1M | 99.7M | 90.3M | 87.4M | |
Accounts Payable | 51.1M | 54.2M | 73.0M | 41.9M | 48.3M | 39.9M | |
Common Stock Total Equity | 35.3M | 35.8M | 36.3M | 36.5M | 42.0M | 30.2M | |
Common Stock | 35.8M | 36.3M | 36.5M | 36.8M | 37.2M | 31.1M | |
Other Liab | 102.8M | 135.4M | 131.4M | 143.1M | 164.5M | 172.8M | |
Other Assets | 86.5M | 408.8M | 107.0M | 58.0M | 66.7M | 71.8M | |
Treasury Stock | (1.4B) | (1.6B) | (1.8B) | (2.4B) | (2.2B) | (2.1B) | |
Property Plant Equipment | 175.8M | 187.8M | 318.7M | 335.4M | 385.7M | 405.0M | |
Current Deferred Revenue | 128.1M | 166.1M | 152.4M | 38.6M | 6.9M | 6.5M | |
Net Tangible Assets | 22.9M | 204.5M | (63.4M) | 108.8M | 125.1M | 131.4M | |
Retained Earnings Total Equity | 1.2B | 1.4B | 1.7B | 2.0B | 2.3B | 2.4B | |
Long Term Debt Total | 90M | 0.0 | 185M | 92.5M | 83.3M | 91.6M | |
Capital Surpluse | 860.7M | 961.4M | 1.0B | 1.1B | 1.3B | 757.3M | |
Deferred Long Term Liab | 95.0M | 109.1M | 121.8M | 1.7M | 2.0M | 1.9M |
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Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Chemed Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in rate. For information on how to trade Chemed Stock refer to our How to Trade Chemed Stock guide.Note that the Chemed Corp information on this page should be used as a complementary analysis to other Chemed Corp's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the ETFs module to find actively traded Exchange Traded Funds (ETF) from around the world.
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When running Chemed Corp's price analysis, check to measure Chemed Corp'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 Chemed Corp is operating at the current time. Most of Chemed Corp's value examination focuses on studying past and present price action to predict the probability of Chemed Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Chemed Corp's price. Additionally, you may evaluate how the addition of Chemed Corp to your portfolios can decrease your overall portfolio volatility.
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Is Chemed Corp's industry 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 Chemed Corp. If investors know Chemed 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 Chemed Corp 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 0.184 | Dividend Share 1.58 | Earnings Share 18.59 | Revenue Per Share 152 | Quarterly Revenue Growth 0.052 |
The market value of Chemed Corp is measured differently than its book value, which is the value of Chemed that is recorded on the company's balance sheet. Investors also form their own opinion of Chemed Corp's value that differs from its market value or its book value, called intrinsic value, which is Chemed Corp'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 Chemed Corp's market value can be influenced by many factors that don't directly affect Chemed Corp'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 Chemed Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Chemed Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Chemed Corp'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.