Community Property Plant Equipment vs Short Term Debt Analysis

CYH Stock

USD 3.29 0.10 2.95%

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 Property Plant Equipment and its Short Term Debt 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.

Property Plant Equipment vs Short Term Debt

Property Plant Equipment vs Short Term Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Community Health Systems Property Plant Equipment account and Short Term Debt. At this time, the significance of the direction appears to have fragmental relationship.

The correlation between Community Health's Property Plant Equipment and Short Term Debt is 0.46. Overlapping area represents the amount of variation of Property Plant Equipment that can explain the historical movement of Short Term Debt 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 Property Plant Equipment and Short Term Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant Equipment of Community Health Systems are associated (or correlated) with its Short Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Term Debt has no effect on the direction of Property Plant Equipment i.e., Community Health's Property Plant Equipment and Short Term Debt go up and down completely randomly.

Correlation Coefficient

0.46

Relationship Direction	Positive
Relationship Strength	Weak

View All Relationships

Property Plant Equipment

Short Term Debt

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

Gross Profit Total Revenue

Community Health fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Total Equity	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Intangible Assets	Common Stock
Total Assets		0.88	0.18	0.94	0.54	0.98	0.88	0.38	0.96	0.18	1.0	0.93	0.18	0.98	0.59	0.49	0.92	0.98	0.92	0.55	0.93	0.76	0.95	0.57	0.37	0.59
Short Long Term Debt Total	0.88		0.3	0.92	0.1	0.79	0.99	-0.08	0.9	0.25	0.86	0.91	0.25	0.91	0.75	0.77	0.99	0.91	0.91	0.86	0.99	0.75	0.91	0.61	0.02	0.75
Other Current Liab	0.18	0.3		0.41	-0.23	0.13	0.25	-0.29	0.29	0.56	0.13	0.2	0.56	0.12	0.36	0.38	0.3	0.19	0.21	0.42	0.32	0.21	0.35	-0.04	0.37	0.36
Total Current Liabilities	0.94	0.92	0.41		0.33	0.88	0.9	0.16	0.94	0.41	0.92	0.93	0.41	0.92	0.7	0.64	0.95	0.93	0.89	0.7	0.96	0.75	0.99	0.65	0.3	0.7
Total Stockholder Equity	0.54	0.1	-0.23	0.33		0.63	0.12	0.98	0.43	-0.11	0.58	0.36	-0.11	0.45	-0.18	-0.37	0.19	0.45	0.36	-0.37	0.21	0.27	0.36	0.14	0.71	-0.18
Property Plant And Equipment Net	0.98	0.79	0.13	0.88	0.63		0.8	0.49	0.94	0.1	0.98	0.86	0.1	0.94	0.55	0.39	0.85	0.97	0.89	0.41	0.86	0.74	0.9	0.46	0.44	0.55
Net Debt	0.88	0.99	0.25	0.9	0.12	0.8		-0.06	0.9	0.15	0.86	0.91	0.15	0.92	0.74	0.76	0.99	0.91	0.9	0.84	0.98	0.77	0.89	0.6	0.02	0.74
Retained Earnings	0.38	-0.08	-0.29	0.16	0.98	0.49	-0.06		0.26	-0.15	0.42	0.19	-0.15	0.28	-0.33	-0.53	0.01	0.29	0.2	-0.53	0.04	0.12	0.2	0.02	0.7	-0.33
Accounts Payable	0.96	0.9	0.29	0.94	0.43	0.94	0.9	0.26		0.17	0.95	0.92	0.17	0.97	0.73	0.61	0.93	0.97	0.91	0.64	0.94	0.83	0.94	0.49	0.32	0.73
Cash	0.18	0.25	0.56	0.41	-0.11	0.1	0.15	-0.15	0.17		0.12	0.16	1.0	0.08	0.14	0.19	0.26	0.15	0.24	0.29	0.29	-0.03	0.43	0.25	0.05	0.14
Non Current Assets Total	1.0	0.86	0.13	0.92	0.58	0.98	0.86	0.42	0.95	0.12		0.92	0.12	0.97	0.57	0.46	0.9	0.97	0.91	0.51	0.91	0.76	0.93	0.55	0.39	0.56
Non Currrent Assets Other	0.93	0.91	0.2	0.93	0.36	0.86	0.91	0.19	0.92	0.16	0.92		0.16	0.96	0.69	0.65	0.93	0.91	0.84	0.69	0.94	0.82	0.92	0.72	0.22	0.69
Cash And Short Term Investments	0.18	0.25	0.56	0.41	-0.11	0.1	0.15	-0.15	0.17	1.0	0.12	0.16		0.08	0.14	0.19	0.26	0.15	0.24	0.29	0.29	-0.03	0.43	0.25	0.05	0.14
Net Receivables	0.98	0.91	0.12	0.92	0.45	0.94	0.92	0.28	0.97	0.08	0.97	0.96	0.08		0.66	0.56	0.94	0.98	0.93	0.63	0.95	0.78	0.93	0.63	0.23	0.66
Common Stock Total Equity	0.59	0.75	0.36	0.7	-0.18	0.55	0.74	-0.33	0.73	0.14	0.57	0.69	0.14	0.66		0.89	0.74	0.65	0.57	0.81	0.74	0.74	0.67	0.38	-0.09	1.0
Common Stock Shares Outstanding	0.49	0.77	0.38	0.64	-0.37	0.39	0.76	-0.53	0.61	0.19	0.46	0.65	0.19	0.56	0.89		0.72	0.56	0.47	0.94	0.72	0.76	0.58	0.42	-0.27	0.89
Non Current Liabilities Total	0.92	0.99	0.3	0.95	0.19	0.85	0.99	0.01	0.93	0.26	0.9	0.93	0.26	0.94	0.74	0.72		0.95	0.93	0.81	1.0	0.77	0.95	0.61	0.1	0.74
Inventory	0.98	0.91	0.19	0.93	0.45	0.97	0.91	0.29	0.97	0.15	0.97	0.91	0.15	0.98	0.65	0.56	0.95		0.94	0.61	0.95	0.78	0.94	0.53	0.27	0.65
Other Current Assets	0.92	0.91	0.21	0.89	0.36	0.89	0.9	0.2	0.91	0.24	0.91	0.84	0.24	0.93	0.57	0.47	0.93	0.94		0.62	0.93	0.59	0.93	0.53	0.17	0.56
Other Stockholder Equity	0.55	0.86	0.42	0.7	-0.37	0.41	0.84	-0.53	0.64	0.29	0.51	0.69	0.29	0.63	0.81	0.94	0.81	0.61	0.62		0.8	0.65	0.67	0.52	-0.28	0.8
Total Liab	0.93	0.99	0.32	0.96	0.21	0.86	0.98	0.04	0.94	0.29	0.91	0.94	0.29	0.95	0.74	0.72	1.0	0.95	0.93	0.8		0.77	0.96	0.62	0.13	0.74
Property Plant And Equipment Gross	0.76	0.75	0.21	0.75	0.27	0.74	0.77	0.12	0.83	-0.03	0.76	0.82	-0.03	0.78	0.74	0.76	0.77	0.78	0.59	0.65	0.77		0.7	0.39	0.2	0.74
Total Current Assets	0.95	0.91	0.35	0.99	0.36	0.9	0.89	0.2	0.94	0.43	0.93	0.92	0.43	0.93	0.67	0.58	0.95	0.94	0.93	0.67	0.96	0.7		0.63	0.27	0.67
Short Term Debt	0.57	0.61	-0.04	0.65	0.14	0.46	0.6	0.02	0.49	0.25	0.55	0.72	0.25	0.63	0.38	0.42	0.61	0.53	0.53	0.52	0.62	0.39	0.63		-0.07	0.38
Intangible Assets	0.37	0.02	0.37	0.3	0.71	0.44	0.02	0.7	0.32	0.05	0.39	0.22	0.05	0.23	-0.09	-0.27	0.1	0.27	0.17	-0.28	0.13	0.2	0.27	-0.07		-0.1
Common Stock	0.59	0.75	0.36	0.7	-0.18	0.55	0.74	-0.33	0.73	0.14	0.56	0.69	0.14	0.66	1.0	0.89	0.74	0.65	0.56	0.8	0.74	0.74	0.67	0.38	-0.1

Click cells to compare fundamentals

Community Health Account Relationship Matchups

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	198M	188.1M
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

Pair Trading with Community Health

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Community Health position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Community Health will appreciate offsetting losses from the drop in the long position's value.

Moving together with Community Stock

0.69

TFX

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Pair Corr

The ability to find closely correlated positions to Community Health could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Community Health when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Community Health - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Community Health Systems to buy it.

The correlation of Community Health is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Community Health moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Community Health Systems moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for Community Health can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

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:

How To Invest In Community

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Is Community Stock a good investment?

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What is Community Health's Net Worth?

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Largest Health Care Providers & Services Companies

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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 Watchlist Optimization module to optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm.

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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.

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Community Property Plant Equipment vs Short Term Debt Analysis

Property Plant Equipment vs Short Term Debt

Property Plant Equipment vs Short Term Debt Correlation Analysis

Correlation Coefficient

Property Plant Equipment

Short Term Debt

Community Health fundamental ratios Correlations

Community Health Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Community Health fundamental ratios Accounts

Pair Trading with Community Health

Moving together with Community Stock

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COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Non Current Assets Total	+ 1.0	Total Assets
Cash And Short Term Investments	+ 1.0	Cash
Common Stock	+ 1.0	Common Stock Total Equity
Total Liab	+ 1.0	Non Current Liabilities Total
Net Debt	+ 0.99	Short Long Term Debt Total
Non Current Liabilities Total	+ 0.99	Short Long Term Debt Total

Other Stockholder Equity	- 0.53	Retained Earnings
Common Stock Shares Outstanding	- 0.53	Retained Earnings
Other Stockholder Equity	- 0.37	Total Stockholder Equity
Common Stock Shares Outstanding	- 0.37	Total Stockholder Equity
Common Stock	- 0.33	Retained Earnings
Common Stock Total Equity	- 0.33	Retained Earnings