Fresenius Other Operating Expenses vs Income Before Tax Analysis
FMS Stock | USD 20.10 0.11 0.54% |
Fresenius Medical financial indicator trend analysis is much more than just examining Fresenius Medical Care latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Fresenius Medical Care is a good investment. Please check the relationship between Fresenius Medical Other Operating Expenses and its Income Before Tax accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Fresenius Medical Care. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in population.
Other Operating Expenses vs Income Before Tax
Other Operating Expenses vs Income Before Tax Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Fresenius Medical Care Other Operating Expenses account and Income Before Tax. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Fresenius Medical's Other Operating Expenses and Income Before Tax is 0.52. Overlapping area represents the amount of variation of Other Operating Expenses that can explain the historical movement of Income Before Tax in the same time period over historical financial statements of Fresenius Medical Care, assuming nothing else is changed. The correlation between historical values of Fresenius Medical's Other Operating Expenses and Income Before Tax is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Operating Expenses of Fresenius Medical Care are associated (or correlated) with its Income Before Tax. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Income Before Tax has no effect on the direction of Other Operating Expenses i.e., Fresenius Medical's Other Operating Expenses and Income Before Tax go up and down completely randomly.
Correlation Coefficient | 0.52 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Fresenius Medical Care. It is also known as Fresenius Medical overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.Income Before Tax
Income Before Tax which can also be referred as pre-tax income is reported on Fresenius Medical income statement and is an important metric when analyzing Fresenius Medical Care profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability.Most indicators from Fresenius Medical's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Fresenius Medical Care 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 Fresenius Medical Care. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in population. At this time, Fresenius Medical's Tax Provision is comparatively stable compared to the past year. Enterprise Value Over EBITDA is likely to gain to 6.94 in 2024, whereas Selling General Administrative is likely to drop slightly above 3 B in 2024.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 5.1B | 5.3B | 4.9B | 3.7B | Total Revenue | 17.6B | 19.4B | 19.5B | 11.4B |
Fresenius Medical fundamental ratios Correlations
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Fresenius Medical Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Fresenius Medical fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Common Stock Shares Outstanding | 302.7M | 294.3M | 293.1M | 293.2M | 293.4M | 405.8M | |
Total Assets | 32.9B | 31.7B | 34.4B | 35.8B | 33.9B | 18.7B | |
Short Long Term Debt Total | 13.8B | 12.4B | 13.3B | 13.2B | 12.1B | 6.2B | |
Other Current Liab | 2.7B | 3.0B | 3.3B | 3.4B | 3.6B | 3.8B | |
Total Current Liabilities | 7.0B | 6.2B | 7.3B | 6.5B | 6.1B | 3.6B | |
Total Stockholder Equity | 13.2B | 12.3B | 14.0B | 15.4B | 13.6B | 7.8B | |
Property Plant And Equipment Net | 8.5B | 4.1B | 4.3B | 4.2B | 7.5B | 7.8B | |
Net Debt | 12.8B | 11.3B | 11.8B | 11.9B | 10.6B | 5.7B | |
Retained Earnings | 9.5B | 10.3B | 10.8B | 10.7B | 10.9B | 11.5B | |
Accounts Payable | 835.2M | 827.4M | 857.5M | 931.3M | 885.1M | 550.9M | |
Cash | 1.0B | 1.1B | 1.5B | 1.3B | 1.4B | 1.5B | |
Non Current Assets Total | 25.8B | 24.4B | 26.4B | 27.6B | 25.2B | 13.8B | |
Non Currrent Assets Other | 752.5M | 4.8B | 5.2B | 5.0B | 223.6M | 212.4M | |
Cash And Short Term Investments | 1.1B | 1.2B | 1.6B | 1.4B | 1.5B | 1.6B | |
Net Receivables | 4.0B | 3.6B | 3.9B | 4.0B | 4.1B | 2.6B | |
Common Stock Total Equity | 308.1M | 307.9M | 304.4M | 292.9M | 336.8M | 304.7M | |
Liabilities And Stockholders Equity | 32.9B | 31.7B | 34.4B | 35.8B | 33.9B | 18.7B | |
Non Current Liabilities Total | 12.7B | 13.2B | 13.1B | 13.8B | 13.0B | 7.2B | |
Inventory | 1.7B | 1.9B | 2.0B | 2.3B | 2.2B | 2.3B | |
Other Current Assets | 320.7M | 455.7M | 342.9M | 351.1M | 332.6M | 348.1M | |
Other Stockholder Equity | 4.5B | 4.0B | 4.2B | 4.8B | 3.4B | 3.2B | |
Total Liab | 19.7B | 19.4B | 20.4B | 20.3B | 19.1B | 10.8B | |
Property Plant And Equipment Gross | 8.5B | 8.2B | 4.3B | 4.2B | 17.9B | 17.0B | |
Total Current Assets | 7.2B | 7.3B | 8.0B | 8.2B | 8.7B | 4.9B | |
Accumulated Other Comprehensive Income | (1.0B) | (2.2B) | (1.3B) | (388.5M) | (975.2M) | (926.4M) | |
Short Term Debt | 3.3B | 1.7B | 2.6B | 2.0B | 1.6B | 1.1B | |
Intangible Assets | 1.4B | 1.4B | 1.5B | 1.5B | 1.4B | 1.7B | |
Common Stock | 304.4M | 292.9M | 293.0M | 293.4M | 337.4M | 281.4M | |
Current Deferred Revenue | 201.0M | 606.3M | 518.0M | 105.7M | 85.8M | 81.5M | |
Other Liab | 2.1B | 2.5B | 2.4B | 2.7B | 3.1B | 3.2B | |
Other Assets | 1.1B | 1.1B | 1.2B | 1.1B | 1.3B | 1.4B | |
Long Term Debt | 6.5B | 6.8B | 6.6B | 7.2B | 7.0B | 5.7B | |
Property Plant Equipment | 8.5B | 8.2B | 8.6B | 8.3B | 9.6B | 10.1B | |
Good Will | 14.0B | 13.0B | 14.4B | 15.8B | 14.7B | 13.9B | |
Net Tangible Assets | (3.5B) | (3.1B) | (3.1B) | (3.3B) | (3.8B) | (4.0B) | |
Short Term Investments | 133.3M | 161.7M | 136.4M | 170.0M | 136.3M | 152.7M | |
Long Term Investments | 696.9M | 761.1M | 786.9M | 773.7M | 1.3B | 853.1M | |
Short Long Term Debt | 2.6B | 1.1B | 1.9B | 1.4B | 944.6M | 1.7B |
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Try AI Portfolio ArchitectCheck out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Fresenius Medical Care. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in population. You can also try the Portfolio Comparator module to compare the composition, asset allocations and performance of any two portfolios in your account.
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When running Fresenius Medical's price analysis, check to measure Fresenius Medical'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 Fresenius Medical is operating at the current time. Most of Fresenius Medical's value examination focuses on studying past and present price action to predict the probability of Fresenius Medical's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Fresenius Medical's price. Additionally, you may evaluate how the addition of Fresenius Medical to your portfolios can decrease your overall portfolio volatility.
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Is Fresenius Medical'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 Fresenius Medical. If investors know Fresenius 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 Fresenius Medical 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 0.353 | Dividend Share 1.19 | Earnings Share 0.91 | Revenue Per Share 33.1505 | Quarterly Revenue Growth (0) |
The market value of Fresenius Medical Care is measured differently than its book value, which is the value of Fresenius that is recorded on the company's balance sheet. Investors also form their own opinion of Fresenius Medical's value that differs from its market value or its book value, called intrinsic value, which is Fresenius Medical'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 Fresenius Medical's market value can be influenced by many factors that don't directly affect Fresenius Medical'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 Fresenius Medical's value and its price as these two are different measures arrived at by different means. Investors typically determine if Fresenius Medical is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Fresenius Medical'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.