Life Healthcare Financials
| LTGHY Stock | USD 3.40 0.08 2.30% |
Life |
Understanding current and past Life Healthcare Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Life Healthcare's financial statements are interrelated, with each one affecting the others. For example, an increase in Life Healthcare's assets may result in an increase in income on the income statement.
The data published in Life Healthcare's official financial statements usually reflect Life Healthcare's business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of Life Healthcare Group. For example, before you start analyzing numbers published by Life accountants, it's critical to develop an understanding of what Life Healthcare's liquidity, profitability, and earnings quality are in the context of the Healthcare space in which it operates.
Please note, the presentation of Life Healthcare's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Life Healthcare's management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in Life Healthcare's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Life Healthcare Group. Please utilize our Beneish M Score to check the likelihood of Life Healthcare's management manipulating its earnings.
Life Healthcare Stock Summary
Life Healthcare competes with Pennant, Encompass Health, Enhabit, Concord Medical, and National HealthCare. Life Healthcare Group Holdings Limited, together with its subsidiaries, operates private hospitals in South Africa, Canada, the United Kingdom, rest of Europe, and Internationally. Life Healthcare Group Holdings Limited was founded in 1983 and is headquartered in Johannesburg, South Africa. Life Healthcare is traded on OTC Exchange in the United States.| Instrument | USA Pink Sheet View All |
| Exchange | PINK Exchange |
| ISIN | US5318501054 |
| Business Address | Oxford Parks, Johannesburg, |
| Sector | Healthcare |
| Industry | Medical Care Facilities |
| Benchmark | NYSE Composite |
| Website | www.lifehealthcare.co.za |
| Phone | 27 11 219 9000 |
| Currency | USD - US Dollar |
You should never invest in Life Healthcare without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Life Pink Sheet, because this is throwing your money away. Analyzing the key information contained in Life Healthcare's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
Life Healthcare Key Financial Ratios
Generally speaking, Life Healthcare's financial ratios allow both analysts and investors to convert raw data from Life Healthcare's financial statements into concise, actionable information that can be used to evaluate the performance of Life Healthcare over time and compare it to other companies across industries. There are many critical financial ratios that investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Life Healthcare Group reports annually and quarterly.Life Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Life Healthcare's current stock value. Our valuation model uses many indicators to compare Life Healthcare value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Life Healthcare competition to find correlations between indicators driving Life Healthcare's intrinsic value. More Info.Life Healthcare Group is currently regarded as number one stock in return on equity category among related companies. It is currently regarded as number one stock in return on asset category among related companies reporting about 0.46 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Life Healthcare Group is roughly 2.17 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Life Healthcare by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Life Healthcare's Pink Sheet. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Life Healthcare's earnings, one of the primary drivers of an investment's value.Life Healthcare Group Systematic Risk
Life Healthcare's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Life Healthcare volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Beta measures systematic risk based on how returns on Life Healthcare Group correlated with the market. If Beta is less than 0 Life Healthcare generally moves in the opposite direction as compared to the market. If Life Healthcare Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Life Healthcare Group is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Life Healthcare is generally in the same direction as the market. If Beta > 1 Life Healthcare moves generally in the same direction as, but more than the movement of the benchmark.
About Life Healthcare Financials
What exactly are Life Healthcare Financials? Typically, a company's financial statements are the reports that show the financial position of the company. Three primary documents fall into the category of financial statements. These documents include Life Healthcare's income statement, its balance sheet, and the statement of cash flows. Potential Life Healthcare investors and stakeholders use financial statements to determine how well the company is positioned to perform in the future. Although Life Healthcare investors may use each financial statement separately, they are all related. The changes in Life Healthcare's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Life Healthcare'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. Please read more on our technical analysis and fundamental analysis pages.Steps to analyze Life Healthcare Financials for Investing
There are several different ways that investors can use financial statements to try and predict whether a stock price will go up or down. Unfortunately, there is no surefire formula, but there are some general guidelines you should consider when looking at the numbers. First, realize what kind of company it is so you know if its revenues are more likely to grow or shrink over time. For example, a software company's revenue is expected to increase yearly due to new products and services that its customers will want to buy. At the same time, a car manufacturer might not be able to sell as many cars when the economy slows down, so it would have less net income during those times. Second, pay attention to its debt-to-equity ratio because this number will tell you how much risk it has. If a company such as Life Healthcare is not taking on any additional risks, its debt-to-equity should be less than one. As a general rule of thumb, if the market value or book value (which can be found in the footnotes) of assets exceeds the company's liabilities, then it is probably in good shape. Finally, use other financial statements to determine if a stock price will go up or down because investors are always looking for growth opportunities when they buy new stocks. For example, if you see that the net revenue of Life has grown by more than 25% over the last five years, then there is a good chance that it will continue growing by at least 20% or more each year. On the other hand, if you see that net revenue has only increased by about 15%, which is barely above inflation levels, then chances are it will not grow much faster than this over time, and investors may shy away from buying it. In summary, you can determine if Life Healthcare's financials are consistent with your investment objective using the following steps:- Review Life Healthcare's balance sheet accounts, such as liabilities and equity, to understand its overall financial position.
- Analyze the income statement and examine the company's revenue, expenses, and profits over time to determine its financial performance.
- Study the cash flow inflows and outflows to understand Life Healthcare's liquidity and solvency.
- Look at the growth rates in revenue, earnings, and cash flow over time to determine its potential for future growth.
- Compare Life Healthcare's financials to those of its peers to see how it stacks up and identify any potential red flags.
- Use valuation ratios to evaluate the company's financials using commonly used ratios such as the price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and enterprise value-to-earnings before interest, taxes, depreciation, and amortization (EV/EBITDA) ratio to determine if Life Healthcare's stock is overvalued or undervalued.
Life Healthcare April 24, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Life Healthcare help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Life Healthcare Group. We use our internally-developed statistical techniques to arrive at the intrinsic value of Life Healthcare Group based on widely used predictive technical indicators. In general, we focus on analyzing Life Pink Sheet price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Life Healthcare's daily price indicators and compare them against related drivers.
| Information Ratio | (0.07) | |||
| Maximum Drawdown | 15.29 | |||
| Value At Risk | (7.01) | |||
| Potential Upside | 6.04 |
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Life Healthcare Group. 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. Note that the Life Healthcare Group information on this page should be used as a complementary analysis to other Life Healthcare'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 Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.
Complementary Tools for Life Pink Sheet analysis
When running Life Healthcare's price analysis, check to measure Life 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 Life Healthcare is operating at the current time. Most of Life Healthcare's value examination focuses on studying past and present price action to predict the probability of Life 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 Life Healthcare's price. Additionally, you may evaluate how the addition of Life Healthcare to your portfolios can decrease your overall portfolio volatility.
| Portfolio Comparator Compare the composition, asset allocations and performance of any two portfolios in your account | |
| Price Transformation Use Price Transformation models to analyze the depth of different equity instruments across global markets | |
| Correlation Analysis Reduce portfolio risk simply by holding instruments which are not perfectly correlated | |
| ETFs Find actively traded Exchange Traded Funds (ETF) from around the world | |
| Risk-Return Analysis View associations between returns expected from investment and the risk you assume | |
| ETF Categories List of ETF categories grouped based on various criteria, such as the investment strategy or type of investments | |
| Balance Of Power Check stock momentum by analyzing Balance Of Power indicator and other technical ratios | |
| CEOs Directory Screen CEOs from public companies around the world | |
| Insider Screener Find insiders across different sectors to evaluate their impact on performance |