DaVita Other Stockholder Equity vs Accounts Payable Analysis

DVA Stock

USD 133.51 0.74 0.56%

DaVita HealthCare financial indicator trend analysis is much more than just examining DaVita HealthCare latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether DaVita HealthCare is a good investment. Please check the relationship between DaVita HealthCare Other Stockholder Equity and its Accounts Payable accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in DaVita HealthCare Partners. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in real.

Other Stockholder Equity vs Accounts Payable

Other Stockholder Equity vs Accounts Payable Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of DaVita HealthCare Other Stockholder Equity account and Accounts Payable. At this time, the significance of the direction appears to have fragmental relationship.

The correlation between DaVita HealthCare's Other Stockholder Equity and Accounts Payable is 0.57. Overlapping area represents the amount of variation of Other Stockholder Equity that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of DaVita HealthCare Partners, assuming nothing else is changed. The correlation between historical values of DaVita HealthCare's Other Stockholder Equity and Accounts Payable is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Stockholder Equity of DaVita HealthCare Partners are associated (or correlated) with its Accounts Payable. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accounts Payable has no effect on the direction of Other Stockholder Equity i.e., DaVita HealthCare's Other Stockholder Equity and Accounts Payable go up and down completely randomly.

Correlation Coefficient

0.57

Relationship Direction	Positive
Relationship Strength	Weak

View All Relationships

Other Stockholder Equity

Accounts Payable

An accounting item on the balance sheet that represents DaVita HealthCare obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of DaVita HealthCare are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.

Most indicators from DaVita HealthCare's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into DaVita HealthCare 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in DaVita HealthCare Partners. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in real.

At present, DaVita HealthCare's Discontinued Operations is projected to increase significantly based on the last few years of reporting. The current year's Tax Provision is expected to grow to about 235.8 M, whereas Selling General Administrative is forecasted to decline to about 797.4 M.

	2021	2022	2023	2024 (projected)
Gross Profit	3.6B	3.4B	3.1B	2.1B
Total Revenue	11.6B	11.6B	12.1B	7.1B

Gross Profit Total Revenue

DaVita HealthCare 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 Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Short Term Debt	Intangible Assets	Property Plant And Equipment Gross	Common Stock Total Equity	Common Stock
Total Assets		0.9	0.44	0.82	0.54	0.44	0.73	0.41	0.97	0.51	0.92	-0.51	0.49	0.93	0.45	0.91	0.8	0.44	0.66	0.95	0.66	0.32	0.32	0.21	0.45	0.43
Short Long Term Debt Total	0.9		0.39	0.73	0.13	0.72	0.87	0.01	0.86	0.29	0.9	-0.5	0.25	0.96	0.07	0.99	0.62	0.43	0.54	0.99	0.46	0.4	0.03	0.51	0.04	0.03
Other Current Liab	0.44	0.39		0.76	0.16	0.39	0.57	-0.04	0.43	-0.13	0.17	0.08	-0.14	0.43	0.01	0.31	0.39	-0.33	0.46	0.44	0.74	0.74	-0.32	0.36	0.12	0.09
Total Current Liabilities	0.82	0.73	0.76		0.4	0.36	0.64	0.26	0.77	0.16	0.59	-0.42	0.14	0.78	0.27	0.66	0.57	0.0	0.62	0.79	0.84	0.76	0.0	0.17	0.31	0.3
Total Stockholder Equity	0.54	0.13	0.16	0.4		-0.38	-0.02	0.94	0.53	0.68	0.38	-0.27	0.7	0.26	0.93	0.19	0.59	0.25	0.46	0.26	0.58	-0.1	0.72	-0.53	0.95	0.95
Property Plant And Equipment Net	0.44	0.72	0.39	0.36	-0.38		0.89	-0.54	0.4	-0.02	0.51	-0.16	-0.06	0.65	-0.37	0.68	0.27	0.29	0.28	0.64	0.09	0.37	-0.43	0.88	-0.35	-0.37
Net Debt	0.73	0.87	0.57	0.64	-0.02	0.89		-0.2	0.69	0.11	0.72	-0.22	0.08	0.83	-0.04	0.84	0.49	0.33	0.46	0.84	0.38	0.48	-0.14	0.77	-0.05	-0.06
Retained Earnings	0.41	0.01	-0.04	0.26	0.94	-0.54	-0.2		0.43	0.63	0.28	-0.28	0.65	0.16	0.95	0.09	0.5	0.22	0.18	0.14	0.46	-0.21	0.72	-0.67	0.86	0.87
Accounts Payable	0.97	0.86	0.43	0.77	0.53	0.4	0.69	0.43		0.49	0.9	-0.44	0.48	0.92	0.45	0.89	0.86	0.39	0.57	0.92	0.63	0.24	0.31	0.23	0.45	0.42
Cash	0.51	0.29	-0.13	0.16	0.68	-0.02	0.11	0.63	0.49		0.56	-0.31	0.98	0.35	0.69	0.37	0.58	0.57	0.38	0.34	0.18	-0.27	0.63	-0.2	0.73	0.72
Non Current Assets Total	0.92	0.9	0.17	0.59	0.38	0.51	0.72	0.28	0.9	0.56		-0.46	0.53	0.9	0.34	0.94	0.68	0.69	0.55	0.92	0.31	0.14	0.43	0.32	0.32	0.3
Non Currrent Assets Other	-0.51	-0.5	0.08	-0.42	-0.27	-0.16	-0.22	-0.28	-0.44	-0.31	-0.46		-0.32	-0.54	-0.26	-0.47	-0.41	-0.4	-0.31	-0.49	-0.35	-0.12	-0.12	0.17	-0.2	-0.24
Cash And Short Term Investments	0.49	0.25	-0.14	0.14	0.7	-0.06	0.08	0.65	0.48	0.98	0.53	-0.32		0.33	0.68	0.33	0.62	0.56	0.39	0.3	0.17	-0.3	0.66	-0.22	0.76	0.75
Net Receivables	0.93	0.96	0.43	0.78	0.26	0.65	0.83	0.16	0.92	0.35	0.9	-0.54	0.33		0.22	0.96	0.73	0.41	0.51	0.98	0.54	0.4	0.06	0.43	0.19	0.17
Common Stock Shares Outstanding	0.45	0.07	0.01	0.27	0.93	-0.37	-0.04	0.95	0.45	0.69	0.34	-0.26	0.68	0.22		0.14	0.47	0.31	0.21	0.18	0.44	-0.15	0.7	-0.53	0.9	0.91
Non Current Liabilities Total	0.91	0.99	0.31	0.66	0.19	0.68	0.84	0.09	0.89	0.37	0.94	-0.47	0.33	0.96	0.14		0.68	0.51	0.51	0.98	0.41	0.26	0.13	0.48	0.11	0.09
Inventory	0.8	0.62	0.39	0.57	0.59	0.27	0.49	0.5	0.86	0.58	0.68	-0.41	0.62	0.73	0.47	0.68		0.27	0.53	0.7	0.64	0.0	0.24	0.13	0.56	0.54
Other Current Assets	0.44	0.43	-0.33	0.0	0.25	0.29	0.33	0.22	0.39	0.57	0.69	-0.4	0.56	0.41	0.31	0.51	0.27		0.24	0.42	-0.24	-0.28	0.59	0.07	0.25	0.25
Other Stockholder Equity	0.66	0.54	0.46	0.62	0.46	0.28	0.46	0.18	0.57	0.38	0.55	-0.31	0.39	0.51	0.21	0.51	0.53	0.24		0.58	0.56	0.28	0.26	0.11	0.47	0.46
Total Liab	0.95	0.99	0.44	0.79	0.26	0.64	0.84	0.14	0.92	0.34	0.92	-0.49	0.3	0.98	0.18	0.98	0.7	0.42	0.58		0.55	0.41	0.1	0.43	0.17	0.15
Total Current Assets	0.66	0.46	0.74	0.84	0.58	0.09	0.38	0.46	0.63	0.18	0.31	-0.35	0.17	0.54	0.44	0.41	0.64	-0.24	0.56	0.55		0.51	-0.04	-0.1	0.48	0.48
Short Term Debt	0.32	0.4	0.74	0.76	-0.1	0.37	0.48	-0.21	0.24	-0.27	0.14	-0.12	-0.3	0.4	-0.15	0.26	0.0	-0.28	0.28	0.41	0.51		-0.37	0.3	-0.12	-0.12
Intangible Assets	0.32	0.03	-0.32	0.0	0.72	-0.43	-0.14	0.72	0.31	0.63	0.43	-0.12	0.66	0.06	0.7	0.13	0.24	0.59	0.26	0.1	-0.04	-0.37		-0.45	0.69	0.69
Property Plant And Equipment Gross	0.21	0.51	0.36	0.17	-0.53	0.88	0.77	-0.67	0.23	-0.2	0.32	0.17	-0.22	0.43	-0.53	0.48	0.13	0.07	0.11	0.43	-0.1	0.3	-0.45		-0.46	-0.49
Common Stock Total Equity	0.45	0.04	0.12	0.31	0.95	-0.35	-0.05	0.86	0.45	0.73	0.32	-0.2	0.76	0.19	0.9	0.11	0.56	0.25	0.47	0.17	0.48	-0.12	0.69	-0.46		1.0
Common Stock	0.43	0.03	0.09	0.3	0.95	-0.37	-0.06	0.87	0.42	0.72	0.3	-0.24	0.75	0.17	0.91	0.09	0.54	0.25	0.46	0.15	0.48	-0.12	0.69	-0.49	1.0

Click cells to compare fundamentals

DaVita HealthCare Account Relationship Matchups

DaVita HealthCare fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	17.3B	17.0B	17.1B	16.9B	17.6B	10.2B
Short Long Term Debt Total	11.2B	11.2B	12.0B	11.8B	11.1B	5.7B
Other Current Liab	756.2M	810.5M	709.3M	730.4M	1.6B	1.7B
Total Current Liabilities	2.4B	2.5B	2.4B	2.6B	2.6B	1.6B
Total Stockholder Equity	2.1B	1.4B	755.5M	712.3M	1.1B	1.9B
Property Plant And Equipment Net	6.3B	6.4B	6.3B	5.9B	5.6B	5.9B
Net Debt	10.1B	10.9B	11.5B	11.6B	10.7B	11.2B
Retained Earnings	1.4B	852.5M	354.3M	174.5M	598.3M	568.4M
Accounts Payable	403.8M	434.3M	402.0M	479.8M	514.5M	284.0M
Cash	1.1B	325.0M	461.9M	244.1M	464.6M	453.4M
Non Current Assets Total	13.6B	13.8B	14.0B	13.8B	14.5B	7.6B
Non Currrent Assets Other	(461.6M)	(730.1M)	(694.3M)	(467.2M)	236.8M	248.7M
Cash And Short Term Investments	1.1B	345.1M	484.2M	321.8M	476.2M	504.8M
Net Receivables	2.3B	2.4B	2.4B	2.6B	2.4B	1.4B
Common Stock Shares Outstanding	153.8M	122.6M	109.9M	95.8M	93.2M	149.6M
Liabilities And Stockholders Equity	17.3B	17.0B	17.1B	16.9B	17.6B	10.2B
Non Current Liabilities Total	11.4B	11.6B	12.4B	12.1B	12.2B	6.1B
Inventory	97.9M	111.6M	107.4M	109.1M	143.1M	83.8M
Other Current Assets	173.2M	253.2M	165.6M	78.8M	102.6M	97.8M
Other Stockholder Equity	749.0M	597.1M	540.3M	606.9M	509.8M	367.2M
Total Liab	13.8B	14.1B	14.8B	14.7B	14.9B	7.7B
Total Current Assets	3.7B	3.1B	3.2B	3.2B	3.1B	2.6B
Short Term Debt	474.6M	538.0M	573.4M	626.8M	517.7M	543.6M
Intangible Assets	135.7M	166.6M	177.7M	182.7M	203.2M	193.1M
Property Plant And Equipment Gross	6.3B	6.4B	11.1B	11.2B	11.3B	11.9B
Accumulated Other Comprehensive Income	(47.5M)	(66.2M)	(139.2M)	(69.2M)	(52.1M)	(54.7M)
Common Stock Total Equity	126K	110K	97K	90K	103.5K	149.1K
Common Stock	126K	110K	97K	90K	89K	147.1K
Other Liab	738.4M	959.7M	950.1M	888.0M	1.0B	1.1B
Other Assets	91.5M	79.5M	136.7M	1K	900.0	855.0
Long Term Debt	8.0B	7.9B	8.7B	8.7B	8.3B	6.2B
Property Plant Equipment	3.5B	3.5B	3.5B	3.3B	3.7B	2.0B
Good Will	6.8B	6.9B	7.0B	7.1B	7.1B	6.3B
Short Term Investments	11.6M	20.1M	22.3M	77.7M	11.6M	11.0M
Net Tangible Assets	(3.6B)	(4.4B)	(5.0B)	(5.2B)	(4.7B)	(4.9B)
Noncontrolling Interest In Consolidated Entity	185.8M	183.2M	180.6M	163.6M	147.2M	139.8M
Retained Earnings Total Equity	1.4B	852.5M	354.3M	174.5M	157.0M	149.2M

Pair Trading with DaVita HealthCare

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 DaVita HealthCare 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 DaVita HealthCare will appreciate offsetting losses from the drop in the long position's value.

Moving together with DaVita Stock

0.67

DRRX

Durect Earnings Call Next Week

Pair Corr

Moving against DaVita Stock

0.78	TFX	Teleflex Incorporated Earnings Call This Week	Pair Corr
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0.6	DVAX	Dynavax Technologies Financial Report 7th of May 2024	Pair Corr
0.58	ETON	Eton Pharmaceuticals Financial Report 9th of May 2024	Pair Corr
0.45	EVOK	Evoke Pharma	Pair Corr

The ability to find closely correlated positions to DaVita HealthCare could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace DaVita HealthCare 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 DaVita HealthCare - 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 DaVita HealthCare Partners to buy it.

The correlation of DaVita HealthCare 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 DaVita HealthCare moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if DaVita HealthCare 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 DaVita HealthCare 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 DaVita HealthCare offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of DaVita HealthCare'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 Davita Healthcare Partners Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Davita Healthcare Partners Stock:

How To Invest In DaVita

Details

Is DaVita Stock a good investment?

Details

What is DaVita HealthCare's Net Worth?

Details

Largest Health Care Providers & Services Companies

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Largest Health Care Equipment & Services Companies

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Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in DaVita HealthCare Partners. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in real.

You can also try the Portfolio Anywhere module to track or share privately all of your investments from the convenience of any device.

Complementary Tools for DaVita Stock analysis

When running DaVita HealthCare's price analysis, check to measure DaVita 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 DaVita HealthCare is operating at the current time. Most of DaVita HealthCare's value examination focuses on studying past and present price action to predict the probability of DaVita 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 DaVita HealthCare's price. Additionally, you may evaluate how the addition of DaVita HealthCare to your portfolios can decrease your overall portfolio volatility.

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Is DaVita HealthCare'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 DaVita HealthCare. If investors know DaVita 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 DaVita HealthCare 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

1.2

Earnings Share

7.42

Revenue Per Share

133.717

Quarterly Revenue Growth

0.078

Return On Assets

0.0592

The market value of DaVita HealthCare is measured differently than its book value, which is the value of DaVita that is recorded on the company's balance sheet. Investors also form their own opinion of DaVita HealthCare's value that differs from its market value or its book value, called intrinsic value, which is DaVita HealthCare'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 DaVita HealthCare's market value can be influenced by many factors that don't directly affect DaVita HealthCare'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 DaVita HealthCare's value and its price as these two are different measures arrived at by different means. Investors typically determine if DaVita HealthCare is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, DaVita HealthCare'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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DaVita Other Stockholder Equity vs Accounts Payable Analysis

Other Stockholder Equity vs Accounts Payable

Other Stockholder Equity vs Accounts Payable Correlation Analysis

Correlation Coefficient

Other Stockholder Equity

Accounts Payable

DaVita HealthCare fundamental ratios Correlations

DaVita HealthCare Account Relationship Matchups

High Positive Relationship

High Negative Relationship

DaVita HealthCare fundamental ratios Accounts

Pair Trading with DaVita HealthCare

Moving together with DaVita Stock

Moving against DaVita Stock

Complementary Tools for DaVita Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Common Stock	+ 1.0	Common Stock Total Equity
Non Current Liabilities Total	+ 0.99	Short Long Term Debt Total
Total Liab	+ 0.99	Short Long Term Debt Total
Cash And Short Term Investments	+ 0.98	Cash
Total Liab	+ 0.98	Net Receivables
Total Liab	+ 0.98	Non Current Liabilities Total

Property Plant And Equipment Gross	- 0.67	Retained Earnings
Net Receivables	- 0.54	Non Currrent Assets Other
Retained Earnings	- 0.54	Property Plant And Equipment Net
Property Plant And Equipment Gross	- 0.53	Common Stock Shares Outstanding
Property Plant And Equipment Gross	- 0.53	Total Stockholder Equity
Non Currrent Assets Other	- 0.51	Total Assets