Community Total Assets vs Common Stock Shares Outstanding Analysis

CYH Stock  USD 3.77  0.03  0.80%   
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 Total Assets and its Common Stock Shares Outstanding 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.

Total Assets vs Common Stock Shares Outstanding

Total Assets vs Common Stock Shares Outstanding Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Community Health Systems Total Assets account and Common Stock Shares Outstanding. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Community Health's Total Assets and Common Stock Shares Outstanding is 0.49. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Common Stock Shares Outstanding 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 Total Assets and Common Stock Shares Outstanding is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Assets of Community Health Systems are associated (or correlated) with its Common Stock Shares Outstanding. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Shares Outstanding has no effect on the direction of Total Assets i.e., Community Health's Total Assets and Common Stock Shares Outstanding go up and down completely randomly.

Correlation Coefficient

0.49
Relationship DirectionPositive 
Relationship StrengthWeak

Total Assets

Total assets refers to the total amount of Community Health assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Community Health Systems books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.
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 Profit5.1B4.9B5.1B4.9B
Total Revenue12.4B12.2B12.5B10.9B

Community Health fundamental ratios Correlations

0.880.180.940.540.980.880.380.960.181.00.930.180.980.590.490.920.980.920.550.930.760.950.570.370.59
0.880.30.920.10.790.99-0.080.90.250.860.910.250.910.750.770.990.910.910.860.990.750.910.610.020.75
0.180.30.41-0.230.130.25-0.290.290.560.130.20.560.120.360.380.30.190.210.420.320.210.35-0.040.370.36
0.940.920.410.330.880.90.160.940.410.920.930.410.920.70.640.950.930.890.70.960.750.990.650.30.7
0.540.1-0.230.330.630.120.980.43-0.110.580.36-0.110.45-0.18-0.370.190.450.36-0.370.210.270.360.140.71-0.18
0.980.790.130.880.630.80.490.940.10.980.860.10.940.550.390.850.970.890.410.860.740.90.460.440.55
0.880.990.250.90.120.8-0.060.90.150.860.910.150.920.740.760.990.910.90.840.980.770.890.60.020.74
0.38-0.08-0.290.160.980.49-0.060.26-0.150.420.19-0.150.28-0.33-0.530.010.290.2-0.530.040.120.20.020.7-0.33
0.960.90.290.940.430.940.90.260.170.950.920.170.970.730.610.930.970.910.640.940.830.940.490.320.73
0.180.250.560.41-0.110.10.15-0.150.170.120.161.00.080.140.190.260.150.240.290.29-0.030.430.250.050.14
1.00.860.130.920.580.980.860.420.950.120.920.120.970.570.460.90.970.910.510.910.760.930.550.390.56
0.930.910.20.930.360.860.910.190.920.160.920.160.960.690.650.930.910.840.690.940.820.920.720.220.69
0.180.250.560.41-0.110.10.15-0.150.171.00.120.160.080.140.190.260.150.240.290.29-0.030.430.250.050.14
0.980.910.120.920.450.940.920.280.970.080.970.960.080.660.560.940.980.930.630.950.780.930.630.230.66
0.590.750.360.7-0.180.550.74-0.330.730.140.570.690.140.660.890.740.650.570.810.740.740.670.38-0.11.0
0.490.770.380.64-0.370.390.76-0.530.610.190.460.650.190.560.890.720.560.470.940.720.760.580.42-0.280.89
0.920.990.30.950.190.850.990.010.930.260.90.930.260.940.740.720.950.930.811.00.770.950.610.10.74
0.980.910.190.930.450.970.910.290.970.150.970.910.150.980.650.560.950.940.610.950.780.940.530.270.65
0.920.910.210.890.360.890.90.20.910.240.910.840.240.930.570.470.930.940.620.930.590.930.530.170.56
0.550.860.420.7-0.370.410.84-0.530.640.290.510.690.290.630.810.940.810.610.620.80.650.670.52-0.280.8
0.930.990.320.960.210.860.980.040.940.290.910.940.290.950.740.721.00.950.930.80.770.960.620.130.74
0.760.750.210.750.270.740.770.120.83-0.030.760.82-0.030.780.740.760.770.780.590.650.770.70.390.20.74
0.950.910.350.990.360.90.890.20.940.430.930.920.430.930.670.580.950.940.930.670.960.70.630.270.67
0.570.61-0.040.650.140.460.60.020.490.250.550.720.250.630.380.420.610.530.530.520.620.390.63-0.070.38
0.370.020.370.30.710.440.020.70.320.050.390.220.050.23-0.1-0.280.10.270.17-0.280.130.20.27-0.07-0.1
0.590.750.360.7-0.180.550.74-0.330.730.140.560.690.140.661.00.890.740.650.560.80.740.740.670.38-0.1
Click cells to compare fundamentals

Community Health Account Relationship Matchups

Community Health fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets15.6B16.0B15.2B14.7B14.5B13.9B
Short Long Term Debt Total14.0B12.9B12.8B12.4B12.2B9.5B
Other Current Liab1.3B1.3B1.8B1.2B1.0B727.8M
Total Current Liabilities2.3B2.8B2.4B2.2B2.1B1.8B
Total Stockholder Equity(2.2B)(1.6B)(1.4B)(1.4B)(1.4B)(1.3B)
Property Plant And Equipment Net5.6B5.3B5.6B5.4B5.2B5.4B
Net Debt13.8B11.2B12.3B12.3B12.1B9.2B
Retained Earnings(4.2B)(3.7B)(3.5B)(3.4B)(3.6B)(3.4B)
Accounts Payable811M783M830M773M912M673.5M
Cash216M1.7B507M118M38M36.1M
Non Current Assets Total12.2B11.5B11.7B11.6B11.2B10.9B
Non Currrent Assets Other1.9B1.7B1.8B1.9B1.9B1.3B
Cash And Short Term Investments216M1.7B507M118M38M36.1M
Net Receivables2.3B1.9B2.1B2.0B2.2B1.9B
Common Stock Shares Outstanding113.7M116.5M130.6M130.1M130.4M112.2M
Liabilities And Stockholders Equity15.6B16.0B15.2B14.7B14.5B13.9B
Non Current Liabilities Total15.0B14.2B13.7B13.2B13.1B10.6B
Inventory354M335M355M353M328M308.1M
Other Current Assets358M338M269M235M275M263.1M
Other Stockholder Equity2.0B2.1B2.1B2.1B2.2B1.7B
Total Liab17.2B17.1B16.0B15.4B15.3B12.4B
Property Plant And Equipment Gross5.6B5.3B9.8B9.6B9.5B6.0B
Total Current Assets3.4B4.5B3.5B3.1B3.2B2.9B
Accumulated Other Comprehensive Income(21M)(10M)(9M)(13M)(14M)(14.7M)
Short Term Debt156M265M178M169M145M123.3M
Intangible Assets384M304M269M220M185M175.8M
Other Liab1.1B1.6B1.0B998M1.1B940.3M
Other Assets1.4B2.0B2.0B1.1B1.3B953.6M
Long Term Debt13.4B12.1B12.1B11.6B11.5B9.6B
Good Will4.6B4.3B4.2B4.2B4.0B4.2B
Property Plant Equipment5.6B5.3B5.6B5.4B6.2B5.6B
Net Tangible Assets(6.0B)(5.4B)(5.1B)(5.0B)(4.5B)(4.7B)
Warrants502M484M480M541M622.2M532.4M
Noncontrolling Interest In Consolidated Entity77M87M82M92M105.8M80.7M
Retained Earnings Total Equity(4.2B)(3.7B)(3.5B)(3.4B)(3.1B)(2.9B)
Long Term Debt Total13.4B12.1B12.1B11.6B13.4B14.0B

Community Health Investors Sentiment

The influence of Community Health's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Community. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Community Health's public news can be used to forecast risks associated with an investment in Community. The trend in average sentiment can be used to explain how an investor holding Community can time the market purely based on public headlines and social activities around Community Health Systems. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Community Health's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Community Health's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Community Health's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Community Health.
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 Community Health 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, Community Health's short interest history, or implied volatility extrapolated from Community Health options trading.

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 against Community Stock

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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 CorrelationCorrelation 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:
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 Sync Your Broker module to sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors..

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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.