DaVita Non Current Liabilities Total vs Total Current Liabilities Analysis

DVA Stock  USD 147.14  0.45  0.31%   
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 Non Current Liabilities Total and its Total Current Liabilities 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.

Non Current Liabilities Total vs Total Current Liabilities

Non Current Liabilities Total vs Total Current Liabilities Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of DaVita HealthCare Non Current Liabilities Total account and Total Current Liabilities. At this time, the significance of the direction appears to have strong relationship.
The correlation between DaVita HealthCare's Non Current Liabilities Total and Total Current Liabilities is 0.66. Overlapping area represents the amount of variation of Non Current Liabilities Total that can explain the historical movement of Total Current Liabilities 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 Non Current Liabilities Total and Total Current Liabilities is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Current Liabilities Total of DaVita HealthCare Partners are associated (or correlated) with its Total Current Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Liabilities has no effect on the direction of Non Current Liabilities Total i.e., DaVita HealthCare's Non Current Liabilities Total and Total Current Liabilities go up and down completely randomly.

Correlation Coefficient

0.66
Relationship DirectionPositive 
Relationship StrengthSignificant

Non Current Liabilities Total

Total Current Liabilities

Total Current Liabilities is an item on DaVita HealthCare balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of DaVita HealthCare Partners are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.
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 Profit3.6B3.4B3.1B2.1B
Total Revenue11.6B11.6B12.1B7.1B

DaVita HealthCare fundamental ratios Correlations

0.90.440.820.540.440.730.410.970.510.92-0.510.490.930.450.910.80.440.660.950.660.320.320.210.450.43
0.90.390.730.130.720.870.010.860.290.9-0.50.250.960.070.990.620.430.540.990.460.40.030.510.040.03
0.440.390.760.160.390.57-0.040.43-0.130.170.08-0.140.430.010.310.39-0.330.460.440.740.74-0.320.360.120.09
0.820.730.760.40.360.640.260.770.160.59-0.420.140.780.270.660.570.00.620.790.840.760.00.170.310.3
0.540.130.160.4-0.38-0.020.940.530.680.38-0.270.70.260.930.190.590.250.460.260.58-0.10.72-0.530.950.95
0.440.720.390.36-0.380.89-0.540.4-0.020.51-0.16-0.060.65-0.370.680.270.290.280.640.090.37-0.430.88-0.35-0.37
0.730.870.570.64-0.020.89-0.20.690.110.72-0.220.080.83-0.040.840.490.330.460.840.380.48-0.140.77-0.05-0.06
0.410.01-0.040.260.94-0.54-0.20.430.630.28-0.280.650.160.950.090.50.220.180.140.46-0.210.72-0.670.860.87
0.970.860.430.770.530.40.690.430.490.9-0.440.480.920.450.890.860.390.570.920.630.240.310.230.450.42
0.510.29-0.130.160.68-0.020.110.630.490.56-0.310.980.350.690.370.580.570.380.340.18-0.270.63-0.20.730.72
0.920.90.170.590.380.510.720.280.90.56-0.460.530.90.340.940.680.690.550.920.310.140.430.320.320.3
-0.51-0.50.08-0.42-0.27-0.16-0.22-0.28-0.44-0.31-0.46-0.32-0.54-0.26-0.47-0.41-0.4-0.31-0.49-0.35-0.12-0.120.17-0.2-0.24
0.490.25-0.140.140.7-0.060.080.650.480.980.53-0.320.330.680.330.620.560.390.30.17-0.30.66-0.220.760.75
0.930.960.430.780.260.650.830.160.920.350.9-0.540.330.220.960.730.410.510.980.540.40.060.430.190.17
0.450.070.010.270.93-0.37-0.040.950.450.690.34-0.260.680.220.140.470.310.210.180.44-0.150.7-0.530.90.91
0.910.990.310.660.190.680.840.090.890.370.94-0.470.330.960.140.680.510.510.980.410.260.130.480.110.09
0.80.620.390.570.590.270.490.50.860.580.68-0.410.620.730.470.680.270.530.70.640.00.240.130.560.54
0.440.43-0.330.00.250.290.330.220.390.570.69-0.40.560.410.310.510.270.240.42-0.24-0.280.590.070.250.25
0.660.540.460.620.460.280.460.180.570.380.55-0.310.390.510.210.510.530.240.580.560.280.260.110.470.46
0.950.990.440.790.260.640.840.140.920.340.92-0.490.30.980.180.980.70.420.580.550.410.10.430.170.15
0.660.460.740.840.580.090.380.460.630.180.31-0.350.170.540.440.410.64-0.240.560.550.51-0.04-0.10.480.48
0.320.40.740.76-0.10.370.48-0.210.24-0.270.14-0.12-0.30.4-0.150.260.0-0.280.280.410.51-0.370.3-0.12-0.12
0.320.03-0.320.00.72-0.43-0.140.720.310.630.43-0.120.660.060.70.130.240.590.260.1-0.04-0.37-0.450.690.69
0.210.510.360.17-0.530.880.77-0.670.23-0.20.320.17-0.220.43-0.530.480.130.070.110.43-0.10.3-0.45-0.46-0.49
0.450.040.120.310.95-0.35-0.050.860.450.730.32-0.20.760.190.90.110.560.250.470.170.48-0.120.69-0.461.0
0.430.030.090.30.95-0.37-0.060.870.420.720.3-0.240.750.170.910.090.540.250.460.150.48-0.120.69-0.491.0
Click cells to compare fundamentals

DaVita HealthCare Account Relationship Matchups

DaVita HealthCare fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets17.3B17.0B17.1B16.9B17.6B10.2B
Short Long Term Debt Total11.2B11.2B12.0B11.8B11.1B5.7B
Other Current Liab756.2M810.5M709.3M730.4M1.6B1.7B
Total Current Liabilities2.4B2.5B2.4B2.6B2.6B1.6B
Total Stockholder Equity2.1B1.4B755.5M712.3M1.1B1.9B
Property Plant And Equipment Net6.3B6.4B6.3B5.9B5.6B5.9B
Net Debt10.1B10.9B11.5B11.6B10.7B11.2B
Retained Earnings1.4B852.5M354.3M174.5M598.3M568.4M
Accounts Payable403.8M434.3M402.0M479.8M514.5M284.0M
Cash1.1B325.0M461.9M244.1M464.6M453.4M
Non Current Assets Total13.6B13.8B14.0B13.8B14.5B7.6B
Non Currrent Assets Other(461.6M)(730.1M)(694.3M)(467.2M)236.8M248.7M
Cash And Short Term Investments1.1B345.1M484.2M321.8M476.2M504.8M
Net Receivables2.3B2.4B2.4B2.6B2.4B1.4B
Common Stock Shares Outstanding153.8M122.6M109.9M95.8M93.2M149.6M
Liabilities And Stockholders Equity17.3B17.0B17.1B16.9B17.6B10.2B
Non Current Liabilities Total11.4B11.6B12.4B12.1B12.2B6.1B
Inventory97.9M111.6M107.4M109.1M143.1M83.8M
Other Current Assets173.2M253.2M165.6M78.8M102.6M97.8M
Other Stockholder Equity749.0M597.1M540.3M606.9M509.8M367.2M
Total Liab13.8B14.1B14.8B14.7B14.9B7.7B
Total Current Assets3.7B3.1B3.2B3.2B3.1B2.6B
Short Term Debt474.6M538.0M573.4M626.8M517.7M543.6M
Intangible Assets135.7M166.6M177.7M182.7M203.2M193.1M
Property Plant And Equipment Gross6.3B6.4B11.1B11.2B11.3B11.9B
Accumulated Other Comprehensive Income(47.5M)(66.2M)(139.2M)(69.2M)(52.1M)(54.7M)
Common Stock Total Equity126K110K97K90K103.5K149.1K
Common Stock126K110K97K90K89K147.1K
Other Liab738.4M959.7M950.1M888.0M1.0B1.1B
Other Assets91.5M79.5M136.7M1K900.0855.0
Long Term Debt8.0B7.9B8.7B8.7B8.3B6.2B
Property Plant Equipment3.5B3.5B3.5B3.3B3.7B2.0B
Good Will6.8B6.9B7.0B7.1B7.1B6.3B
Short Term Investments11.6M20.1M22.3M77.7M11.6M11.0M
Net Tangible Assets(3.6B)(4.4B)(5.0B)(5.2B)(4.7B)(4.9B)
Noncontrolling Interest In Consolidated Entity185.8M183.2M180.6M163.6M147.2M139.8M
Retained Earnings Total Equity1.4B852.5M354.3M174.5M157.0M149.2M

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 Content Syndication module to quickly integrate customizable finance content to your own investment portal.

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.
Performance Analysis
Check effects of mean-variance optimization against your current asset allocation
Risk-Return Analysis
View associations between returns expected from investment and the risk you assume
FinTech Suite
Use AI to screen and filter profitable investment opportunities
Cryptocurrency Center
Build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency
Odds Of Bankruptcy
Get analysis of equity chance of financial distress in the next 2 years
Share Portfolio
Track or share privately all of your investments from the convenience of any device
Headlines Timeline
Stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity
Funds Screener
Find actively-traded funds from around the world traded on over 30 global exchanges
Equity Analysis
Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities
CEOs Directory
Screen CEOs from public companies around the world
Equity Valuation
Check real value of public entities based on technical and fundamental data
Bonds Directory
Find actively traded corporate debentures issued by US companies
Price Transformation
Use Price Transformation models to analyze the depth of different equity instruments across global markets
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
9.15
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.