Community Common Stock Total Equity vs Other Current Assets Analysis
CYH Stock | USD 3.63 0.01 0.27% |
Community Health financial indicator trend analysis is way more than just evaluating Community Health Systems prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Community Health Systems is a good investment. Please check the relationship between Community Health Common Stock Total Equity and its Other Current Assets accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Community Health Systems. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in manufacturing.
Common Stock Total Equity vs Other Current Assets
Common Stock Total Equity vs Other Current Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Community Health Systems Common Stock Total Equity account and Other Current Assets. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Community Health's Common Stock Total Equity and Other Current Assets is 0.57. Overlapping area represents the amount of variation of Common Stock Total Equity that can explain the historical movement of Other Current Assets in the same time period over historical financial statements of Community Health Systems, assuming nothing else is changed. The correlation between historical values of Community Health's Common Stock Total Equity and Other Current 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 Common Stock Total Equity of Community Health Systems are associated (or correlated) with its Other Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Assets has no effect on the direction of Common Stock Total Equity i.e., Community Health's Common Stock Total Equity and Other Current Assets go up and down completely randomly.
Correlation Coefficient | 0.57 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Common Stock Total Equity
The total value of common stock equity held by shareholders, representing their ownership interest in the company.Other Current Assets
Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.Most indicators from Community Health's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Community Health Systems 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Community Health Systems. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in manufacturing. As of now, Community Health's Tax Provision is increasing as compared to previous years. The Community Health's current Enterprise Value Over EBITDA is estimated to increase to 9.75, while Selling General Administrative is projected to decrease to under 303.1 M.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 5.1B | 4.9B | 5.1B | 4.9B | Total Revenue | 12.4B | 12.2B | 12.5B | 10.9B |
Community Health fundamental ratios Correlations
Click cells to compare fundamentals
Community Health Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Community Health fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 15.6B | 16.0B | 15.2B | 14.7B | 14.5B | 13.9B | |
Short Long Term Debt Total | 14.0B | 12.9B | 12.8B | 12.4B | 12.2B | 9.5B | |
Other Current Liab | 1.3B | 1.3B | 1.8B | 1.2B | 1.0B | 727.8M | |
Total Current Liabilities | 2.3B | 2.8B | 2.4B | 2.2B | 2.1B | 1.8B | |
Total Stockholder Equity | (2.2B) | (1.6B) | (1.4B) | (1.4B) | (1.4B) | (1.3B) | |
Property Plant And Equipment Net | 5.6B | 5.3B | 5.6B | 5.4B | 5.2B | 5.4B | |
Net Debt | 13.8B | 11.2B | 12.3B | 12.3B | 12.1B | 9.2B | |
Retained Earnings | (4.2B) | (3.7B) | (3.5B) | (3.4B) | (3.6B) | (3.4B) | |
Accounts Payable | 811M | 783M | 830M | 773M | 912M | 673.5M | |
Cash | 216M | 1.7B | 507M | 118M | 38M | 36.1M | |
Non Current Assets Total | 12.2B | 11.5B | 11.7B | 11.6B | 11.2B | 10.9B | |
Non Currrent Assets Other | 1.9B | 1.7B | 1.8B | 1.9B | 1.9B | 1.3B | |
Cash And Short Term Investments | 216M | 1.7B | 507M | 118M | 38M | 36.1M | |
Net Receivables | 2.3B | 1.9B | 2.1B | 2.0B | 2.2B | 1.9B | |
Common Stock Shares Outstanding | 113.7M | 116.5M | 130.6M | 130.1M | 130.4M | 112.2M | |
Liabilities And Stockholders Equity | 15.6B | 16.0B | 15.2B | 14.7B | 14.5B | 13.9B | |
Non Current Liabilities Total | 15.0B | 14.2B | 13.7B | 13.2B | 13.1B | 10.6B | |
Inventory | 354M | 335M | 355M | 353M | 328M | 308.1M | |
Other Current Assets | 358M | 338M | 269M | 235M | 275M | 263.1M | |
Other Stockholder Equity | 2.0B | 2.1B | 2.1B | 2.1B | 2.2B | 1.7B | |
Total Liab | 17.2B | 17.1B | 16.0B | 15.4B | 15.3B | 12.4B | |
Property Plant And Equipment Gross | 5.6B | 5.3B | 9.8B | 9.6B | 9.5B | 6.0B | |
Total Current Assets | 3.4B | 4.5B | 3.5B | 3.1B | 3.2B | 2.9B | |
Accumulated Other Comprehensive Income | (21M) | (10M) | (9M) | (13M) | (14M) | (14.7M) | |
Short Term Debt | 156M | 265M | 178M | 169M | 145M | 123.3M | |
Intangible Assets | 384M | 304M | 269M | 220M | 185M | 175.8M | |
Other Liab | 1.1B | 1.6B | 1.0B | 998M | 1.1B | 940.3M | |
Other Assets | 1.4B | 2.0B | 2.0B | 1.1B | 1.3B | 953.6M | |
Long Term Debt | 13.4B | 12.1B | 12.1B | 11.6B | 11.5B | 9.6B | |
Good Will | 4.6B | 4.3B | 4.2B | 4.2B | 4.0B | 4.2B | |
Property Plant Equipment | 5.6B | 5.3B | 5.6B | 5.4B | 6.2B | 5.6B | |
Net Tangible Assets | (6.0B) | (5.4B) | (5.1B) | (5.0B) | (4.5B) | (4.7B) | |
Warrants | 502M | 484M | 480M | 541M | 622.2M | 532.4M | |
Noncontrolling Interest In Consolidated Entity | 77M | 87M | 82M | 92M | 105.8M | 80.7M | |
Retained Earnings Total Equity | (4.2B) | (3.7B) | (3.5B) | (3.4B) | (3.1B) | (2.9B) | |
Long Term Debt Total | 13.4B | 12.1B | 12.1B | 11.6B | 13.4B | 14.0B |
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When determining whether Community Health Systems offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Community Health'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 Community Health Systems Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Community Health Systems Stock:Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Community Health Systems. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in manufacturing. You can also try the Efficient Frontier module to plot and analyze your portfolio and positions against risk-return landscape of the market..
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When running Community Health's price analysis, check to measure Community Health'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 Community Health is operating at the current time. Most of Community Health's value examination focuses on studying past and present price action to predict the probability of Community Health's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Community Health's price. Additionally, you may evaluate how the addition of Community Health to your portfolios can decrease your overall portfolio volatility.
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Is Community Health'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 Community Health. If investors know Community 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 Community Health 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 (0.89) | Earnings Share (0.94) | Revenue Per Share 95.704 | Quarterly Revenue Growth 0.01 | Return On Assets 0.04 |
The market value of Community Health Systems is measured differently than its book value, which is the value of Community that is recorded on the company's balance sheet. Investors also form their own opinion of Community Health's value that differs from its market value or its book value, called intrinsic value, which is Community Health'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 Community Health's market value can be influenced by many factors that don't directly affect Community Health'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 Community Health's value and its price as these two are different measures arrived at by different means. Investors typically determine if Community Health is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Community Health'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.