Healthcare Pretax Profit Margin from 2010 to 2024

HCSG Stock  USD 11.83  0.11  0.92%   
Healthcare Services' Pretax Profit Margin is decreasing over the last several years with slightly volatile swings. Pretax Profit Margin is predicted to flatten to 0.03. During the period from 2010 to 2024 Healthcare Services Group Pretax Profit Margin regressed destribution of quarterly values had coefficient of variationof  47.72 and r-value of (0.64). View All Fundamentals
 
Pretax Profit Margin  
First Reported
2010-12-31
Previous Quarter
0.03174366
Current Value
0.0302
Quarterly Volatility
0.02700286
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Healthcare Services financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Healthcare main balance sheet or income statement drivers, such as Depreciation And Amortization of 15 M, Interest Expense of 8.2 M or Total Revenue of 1.8 B, as well as many exotic indicators such as Price To Sales Ratio of 0.9, Dividend Yield of 0.0671 or PTB Ratio of 2.84. Healthcare financial statements analysis is a perfect complement when working with Healthcare Services Valuation or Volatility modules.
  
This module can also supplement Healthcare Services' financial leverage analysis and stock options assessment as well as various Healthcare Services Technical models . Check out the analysis of Healthcare Services Correlation against competitors.

Latest Healthcare Services' Pretax Profit Margin Growth Pattern

Below is the plot of the Pretax Profit Margin of Healthcare Services Group over the last few years. It is Healthcare Services' Pretax Profit Margin historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Healthcare Services' overall financial position and show how it may be relating to other accounts over time.
Pretax Profit Margin10 Years Trend
Slightly volatile
   Pretax Profit Margin   
       Timeline  

Healthcare Pretax Profit Margin Regression Statistics

Arithmetic Mean0.06
Geometric Mean0.05
Coefficient Of Variation47.72
Mean Deviation0.02
Median0.06
Standard Deviation0.03
Sample Variance0.0007
Range0.1053
R-Value(0.64)
Mean Square Error0.0005
R-Squared0.41
Significance0.01
Slope(0)
Total Sum of Squares0.01

Healthcare Pretax Profit Margin History

2024 0.0302
2023 0.0317
2022 0.0267
2021 0.0377
2020 0.0734
2019 0.0462
2018 0.0497

About Healthcare Services Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Healthcare Services income statement, its balance sheet, and the statement of cash flows. Healthcare Services investors use historical funamental indicators, such as Healthcare Services's Pretax Profit Margin, to determine how well the company is positioned to perform in the future. Although Healthcare Services investors may use each financial statement separately, they are all related. The changes in Healthcare Services's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Healthcare Services's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Healthcare Services Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Healthcare Services. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Pretax Profit Margin 0.03  0.03 
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Healthcare Services in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Healthcare Services' short interest history, or implied volatility extrapolated from Healthcare Services options trading.

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When determining whether Healthcare Services is a strong investment it is important to analyze Healthcare Services' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Healthcare Services' future performance. For an informed investment choice regarding Healthcare Stock, refer to the following important reports:
Check out the analysis of Healthcare Services Correlation against competitors.
You can also try the Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.

Complementary Tools for Healthcare Stock analysis

When running Healthcare Services' price analysis, check to measure Healthcare Services' 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 Healthcare Services is operating at the current time. Most of Healthcare Services' value examination focuses on studying past and present price action to predict the probability of Healthcare Services' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Healthcare Services' price. Additionally, you may evaluate how the addition of Healthcare Services to your portfolios can decrease your overall portfolio volatility.
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Is Healthcare Services' 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 Healthcare Services. If investors know Healthcare 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 Healthcare Services 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
0.458
Earnings Share
0.52
Revenue Per Share
22.499
Return On Assets
0.0397
Return On Equity
0.0877
The market value of Healthcare Services is measured differently than its book value, which is the value of Healthcare that is recorded on the company's balance sheet. Investors also form their own opinion of Healthcare Services' value that differs from its market value or its book value, called intrinsic value, which is Healthcare Services' 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 Healthcare Services' market value can be influenced by many factors that don't directly affect Healthcare Services' 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 Healthcare Services' value and its price as these two are different measures arrived at by different means. Investors typically determine if Healthcare Services is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Healthcare Services' 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.