DaVita Cash And Short Term Investments vs Intangible Assets Analysis
DVA Stock | USD 139.82 3.34 2.45% |
DaVita HealthCare financial indicator trend analysis is much more than just examining DaVita HealthCare latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether DaVita HealthCare is a good investment. Please check the relationship between DaVita HealthCare Cash And Short Term Investments and its Intangible Assets accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in DaVita HealthCare Partners. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in real.
Cash And Short Term Investments vs Intangible Assets
Cash And Short Term Investments vs Intangible Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of DaVita HealthCare Cash And Short Term Investments account and Intangible Assets. At this time, the significance of the direction appears to have strong relationship.
The correlation between DaVita HealthCare's Cash And Short Term Investments and Intangible Assets is 0.66. Overlapping area represents the amount of variation of Cash And Short Term Investments that can explain the historical movement of Intangible Assets in the same time period over historical financial statements of DaVita HealthCare Partners, assuming nothing else is changed. The correlation between historical values of DaVita HealthCare's Cash And Short Term Investments and Intangible Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash And Short Term Investments of DaVita HealthCare Partners are associated (or correlated) with its Intangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Intangible Assets has no effect on the direction of Cash And Short Term Investments i.e., DaVita HealthCare's Cash And Short Term Investments and Intangible Assets go up and down completely randomly.
Correlation Coefficient | 0.66 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Cash And Short Term Investments
Short Term Investments is an account in the current assets section of DaVita HealthCare balance sheet. This account contains DaVita HealthCare investments that will expire within one year. These investments include stocks and bonds that can be liquidated by DaVita HealthCare Partners fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.Intangible Assets
Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.Most indicators from DaVita HealthCare's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into DaVita HealthCare 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in DaVita HealthCare Partners. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in real. At present, DaVita HealthCare's Discontinued Operations is projected to increase significantly based on the last few years of reporting. The current year's Tax Provision is expected to grow to about 235.8 M, whereas Selling General Administrative is forecasted to decline to about 797.4 M.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 3.6B | 3.4B | 3.1B | 2.1B | Total Revenue | 11.6B | 11.6B | 12.1B | 7.1B |
DaVita HealthCare fundamental ratios Correlations
Click cells to compare fundamentals
DaVita HealthCare Account Relationship Matchups
High Positive Relationship
High Negative Relationship
DaVita HealthCare fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 17.3B | 17.0B | 17.1B | 16.9B | 17.6B | 10.2B | |
Short Long Term Debt Total | 11.2B | 11.2B | 12.0B | 11.8B | 11.1B | 5.7B | |
Other Current Liab | 756.2M | 810.5M | 709.3M | 730.4M | 1.6B | 1.7B | |
Total Current Liabilities | 2.4B | 2.5B | 2.4B | 2.6B | 2.6B | 1.6B | |
Total Stockholder Equity | 2.1B | 1.4B | 755.5M | 712.3M | 1.1B | 1.9B | |
Property Plant And Equipment Net | 6.3B | 6.4B | 6.3B | 5.9B | 5.6B | 5.9B | |
Net Debt | 10.1B | 10.9B | 11.5B | 11.6B | 10.7B | 11.2B | |
Retained Earnings | 1.4B | 852.5M | 354.3M | 174.5M | 598.3M | 568.4M | |
Accounts Payable | 403.8M | 434.3M | 402.0M | 479.8M | 514.5M | 284.0M | |
Cash | 1.1B | 325.0M | 461.9M | 244.1M | 464.6M | 453.4M | |
Non Current Assets Total | 13.6B | 13.8B | 14.0B | 13.8B | 14.5B | 7.6B | |
Non Currrent Assets Other | (461.6M) | (730.1M) | (694.3M) | (467.2M) | 236.8M | 248.7M | |
Cash And Short Term Investments | 1.1B | 345.1M | 484.2M | 321.8M | 476.2M | 504.8M | |
Net Receivables | 2.3B | 2.4B | 2.4B | 2.6B | 2.4B | 1.4B | |
Common Stock Shares Outstanding | 153.8M | 122.6M | 109.9M | 95.8M | 93.2M | 149.6M | |
Liabilities And Stockholders Equity | 17.3B | 17.0B | 17.1B | 16.9B | 17.6B | 10.2B | |
Non Current Liabilities Total | 11.4B | 11.6B | 12.4B | 12.1B | 12.2B | 6.1B | |
Inventory | 97.9M | 111.6M | 107.4M | 109.1M | 143.1M | 83.8M | |
Other Current Assets | 173.2M | 253.2M | 165.6M | 78.8M | 102.6M | 97.8M | |
Other Stockholder Equity | 749.0M | 597.1M | 540.3M | 606.9M | 509.8M | 367.2M | |
Total Liab | 13.8B | 14.1B | 14.8B | 14.7B | 14.9B | 7.7B | |
Total Current Assets | 3.7B | 3.1B | 3.2B | 3.2B | 3.1B | 2.6B | |
Short Term Debt | 474.6M | 538.0M | 573.4M | 626.8M | 517.7M | 543.6M | |
Intangible Assets | 135.7M | 166.6M | 177.7M | 182.7M | 203.2M | 193.1M | |
Property Plant And Equipment Gross | 6.3B | 6.4B | 11.1B | 11.2B | 11.3B | 11.9B | |
Accumulated Other Comprehensive Income | (47.5M) | (66.2M) | (139.2M) | (69.2M) | (52.1M) | (54.7M) | |
Common Stock Total Equity | 126K | 110K | 97K | 90K | 103.5K | 149.1K | |
Common Stock | 126K | 110K | 97K | 90K | 89K | 147.1K | |
Other Liab | 738.4M | 959.7M | 950.1M | 888.0M | 1.0B | 1.1B | |
Other Assets | 91.5M | 79.5M | 136.7M | 1K | 900.0 | 855.0 | |
Long Term Debt | 8.0B | 7.9B | 8.7B | 8.7B | 8.3B | 6.2B | |
Property Plant Equipment | 3.5B | 3.5B | 3.5B | 3.3B | 3.7B | 2.0B | |
Good Will | 6.8B | 6.9B | 7.0B | 7.1B | 7.1B | 6.3B | |
Short Term Investments | 11.6M | 20.1M | 22.3M | 77.7M | 11.6M | 11.0M | |
Net Tangible Assets | (3.6B) | (4.4B) | (5.0B) | (5.2B) | (4.7B) | (4.9B) | |
Noncontrolling Interest In Consolidated Entity | 185.8M | 183.2M | 180.6M | 163.6M | 147.2M | 139.8M | |
Retained Earnings Total Equity | 1.4B | 852.5M | 354.3M | 174.5M | 157.0M | 149.2M |
Also Currently Popular
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 DaVita HealthCare offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of DaVita HealthCare'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 Davita Healthcare Partners Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Davita Healthcare Partners Stock:Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in DaVita HealthCare Partners. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in real. You can also try the Price Ceiling Movement module to calculate and plot Price Ceiling Movement for different equity instruments.
Complementary Tools for DaVita Stock analysis
When running DaVita HealthCare's price analysis, check to measure DaVita HealthCare'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 DaVita HealthCare is operating at the current time. Most of DaVita HealthCare's value examination focuses on studying past and present price action to predict the probability of DaVita HealthCare's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move DaVita HealthCare's price. Additionally, you may evaluate how the addition of DaVita HealthCare to your portfolios can decrease your overall portfolio volatility.
Correlation Analysis Reduce portfolio risk simply by holding instruments which are not perfectly correlated | |
ETF Categories List of ETF categories grouped based on various criteria, such as the investment strategy or type of investments | |
Portfolio Suggestion Get suggestions outside of your existing asset allocation including your own model portfolios | |
Stock Screener Find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook. | |
Crypto Correlations Use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins | |
Price Ceiling Movement Calculate and plot Price Ceiling Movement for different equity instruments | |
Volatility Analysis Get historical volatility and risk analysis based on latest market data | |
Sectors List of equity sectors categorizing publicly traded companies based on their primary business activities | |
ETFs Find actively traded Exchange Traded Funds (ETF) from around the world | |
Earnings Calls Check upcoming earnings announcements updated hourly across public exchanges | |
Money Flow Index Determine momentum by analyzing Money Flow Index and other technical indicators | |
Pattern Recognition Use different Pattern Recognition models to time the market across multiple global exchanges |
Is DaVita HealthCare'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 DaVita HealthCare. If investors know DaVita 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 DaVita HealthCare 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 1.12 | Earnings Share 8.82 | Revenue Per Share 136.922 | Quarterly Revenue Growth 0.069 | Return On Assets 0.0636 |
The market value of DaVita HealthCare is measured differently than its book value, which is the value of DaVita that is recorded on the company's balance sheet. Investors also form their own opinion of DaVita HealthCare's value that differs from its market value or its book value, called intrinsic value, which is DaVita HealthCare'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 DaVita HealthCare's market value can be influenced by many factors that don't directly affect DaVita HealthCare'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 DaVita HealthCare's value and its price as these two are different measures arrived at by different means. Investors typically determine if DaVita HealthCare is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, DaVita HealthCare'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.