DaVita Total Permanent Equity vs Total Stockholder Equity 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 Total Permanent Equity and its Total Stockholder Equity 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.

Total Permanent Equity vs Total Stockholder Equity

Total Permanent Equity vs Total Stockholder Equity Correlation Analysis

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

The correlation between DaVita HealthCare's Total Permanent Equity and Total Stockholder Equity is -0.01. Overlapping area represents the amount of variation of Total Permanent Equity that can explain the historical movement of Total Stockholder Equity 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 Total Permanent Equity and Total Stockholder Equity 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 Permanent Equity of DaVita HealthCare Partners are associated (or correlated) with its Total Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Stockholder Equity has no effect on the direction of Total Permanent Equity i.e., DaVita HealthCare's Total Permanent Equity and Total Stockholder Equity go up and down completely randomly.

Correlation Coefficient

-0.01

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Total Permanent Equity

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.

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

	Common Stock Shares Outstanding	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	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
Common Stock Shares Outstanding		0.45	0.07	0.0	0.27	0.93	-0.37	-0.02	0.95	0.45	0.68	0.34	-0.26	0.68	0.22	0.14	0.47	0.31	0.19	0.19	0.43	-0.15	0.7	-0.53	0.9	0.91
Total Assets	0.45		0.9	0.45	0.82	0.53	0.45	0.86	0.41	0.97	0.5	0.92	-0.51	0.48	0.93	0.91	0.8	0.44	0.63	0.95	0.66	0.33	0.31	0.22	0.45	0.44
Short Long Term Debt Total	0.07	0.9		0.4	0.73	0.11	0.73	0.99	0.01	0.85	0.27	0.9	-0.49	0.23	0.96	0.98	0.62	0.43	0.51	0.99	0.46	0.4	0.02	0.52	0.04	0.03
Other Current Liab	0.0	0.45	0.4		0.77	0.16	0.39	0.42	-0.04	0.44	-0.13	0.17	0.08	-0.15	0.43	0.31	0.4	-0.33	0.45	0.45	0.75	0.74	-0.33	0.36	0.12	0.09
Total Current Liabilities	0.27	0.82	0.73	0.77		0.39	0.36	0.73	0.25	0.77	0.15	0.59	-0.42	0.12	0.78	0.66	0.57	0.0	0.6	0.79	0.84	0.76	-0.01	0.17	0.31	0.3
Total Stockholder Equity	0.93	0.53	0.11	0.16	0.39		-0.39	0.03	0.94	0.52	0.67	0.37	-0.26	0.7	0.24	0.17	0.59	0.25	0.44	0.24	0.57	-0.1	0.72	-0.54	0.95	0.95
Property Plant And Equipment Net	-0.37	0.45	0.73	0.39	0.36	-0.39		0.75	-0.54	0.41	-0.02	0.52	-0.16	-0.07	0.66	0.69	0.27	0.29	0.26	0.65	0.09	0.37	-0.44	0.88	-0.36	-0.37
Net Debt	-0.02	0.86	0.99	0.42	0.73	0.03	0.75		-0.07	0.82	0.15	0.85	-0.47	0.12	0.95	0.97	0.56	0.37	0.47	0.97	0.45	0.45	-0.06	0.56	-0.05	-0.06
Retained Earnings	0.95	0.41	0.01	-0.04	0.25	0.94	-0.54	-0.07		0.43	0.62	0.28	-0.28	0.65	0.15	0.08	0.49	0.22	0.16	0.13	0.46	-0.21	0.72	-0.67	0.86	0.87
Accounts Payable	0.45	0.97	0.85	0.44	0.77	0.52	0.41	0.82	0.43		0.47	0.89	-0.44	0.47	0.92	0.89	0.86	0.39	0.53	0.92	0.62	0.24	0.3	0.24	0.45	0.42
Cash	0.68	0.5	0.27	-0.13	0.15	0.67	-0.02	0.15	0.62	0.47		0.54	-0.3	0.98	0.33	0.35	0.57	0.57	0.36	0.32	0.17	-0.28	0.63	-0.21	0.73	0.72
Non Current Assets Total	0.34	0.92	0.9	0.17	0.59	0.37	0.52	0.85	0.28	0.89	0.54		-0.46	0.52	0.9	0.94	0.68	0.69	0.51	0.92	0.3	0.14	0.42	0.33	0.32	0.3
Non Currrent Assets Other	-0.26	-0.51	-0.49	0.08	-0.42	-0.26	-0.16	-0.47	-0.28	-0.44	-0.3	-0.46		-0.32	-0.53	-0.46	-0.4	-0.39	-0.3	-0.48	-0.35	-0.12	-0.12	0.17	-0.2	-0.24
Cash And Short Term Investments	0.68	0.48	0.23	-0.15	0.12	0.7	-0.07	0.12	0.65	0.47	0.98	0.52	-0.32		0.32	0.32	0.62	0.56	0.37	0.29	0.16	-0.31	0.65	-0.22	0.76	0.75
Net Receivables	0.22	0.93	0.96	0.43	0.78	0.24	0.66	0.95	0.15	0.92	0.33	0.9	-0.53	0.32		0.96	0.73	0.4	0.47	0.98	0.53	0.41	0.05	0.44	0.19	0.17
Non Current Liabilities Total	0.14	0.91	0.98	0.31	0.66	0.17	0.69	0.97	0.08	0.89	0.35	0.94	-0.46	0.32	0.96		0.67	0.51	0.48	0.98	0.4	0.26	0.12	0.49	0.11	0.09
Inventory	0.47	0.8	0.62	0.4	0.57	0.59	0.27	0.56	0.49	0.86	0.57	0.68	-0.4	0.62	0.73	0.67		0.27	0.5	0.69	0.63	0.0	0.23	0.13	0.56	0.54
Other Current Assets	0.31	0.44	0.43	-0.33	0.0	0.25	0.29	0.37	0.22	0.39	0.57	0.69	-0.39	0.56	0.4	0.51	0.27		0.22	0.42	-0.25	-0.28	0.59	0.07	0.25	0.25
Other Stockholder Equity	0.19	0.63	0.51	0.45	0.6	0.44	0.26	0.47	0.16	0.53	0.36	0.51	-0.3	0.37	0.47	0.48	0.5	0.22		0.54	0.54	0.27	0.24	0.1	0.46	0.45
Total Liab	0.19	0.95	0.99	0.45	0.79	0.24	0.65	0.97	0.13	0.92	0.32	0.92	-0.48	0.29	0.98	0.98	0.69	0.42	0.54		0.54	0.41	0.09	0.44	0.17	0.15
Total Current Assets	0.43	0.66	0.46	0.75	0.84	0.57	0.09	0.45	0.46	0.62	0.17	0.3	-0.35	0.16	0.53	0.4	0.63	-0.25	0.54	0.54		0.51	-0.05	-0.09	0.48	0.48
Short Term Debt	-0.15	0.33	0.4	0.74	0.76	-0.1	0.37	0.45	-0.21	0.24	-0.28	0.14	-0.12	-0.31	0.41	0.26	0.0	-0.28	0.27	0.41	0.51		-0.37	0.3	-0.12	-0.12
Intangible Assets	0.7	0.31	0.02	-0.33	-0.01	0.72	-0.44	-0.06	0.72	0.3	0.63	0.42	-0.12	0.65	0.05	0.12	0.23	0.59	0.24	0.09	-0.05	-0.37		-0.46	0.69	0.69
Property Plant And Equipment Gross	-0.53	0.22	0.52	0.36	0.17	-0.54	0.88	0.56	-0.67	0.24	-0.21	0.33	0.17	-0.22	0.44	0.49	0.13	0.07	0.1	0.44	-0.09	0.3	-0.46		-0.46	-0.49
Common Stock Total Equity	0.9	0.45	0.04	0.12	0.31	0.95	-0.36	-0.05	0.86	0.45	0.73	0.32	-0.2	0.76	0.19	0.11	0.56	0.25	0.46	0.17	0.48	-0.12	0.69	-0.46		1.0
Common Stock	0.91	0.44	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	0.09	0.54	0.25	0.45	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)
Common Stock Shares Outstanding	153.8M	122.6M	109.9M	95.8M	93.2M	149.6M
Total Assets	17.3B	17.0B	17.1B	16.9B	17.6B	10.6B
Short Long Term Debt Total	11.2B	11.2B	12.0B	11.8B	11.1B	5.9B
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	2.0B
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	5.4B
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	293.6M
Cash	1.1B	325.0M	461.9M	244.1M	464.6M	468.9M
Non Current Assets Total	13.6B	13.8B	14.0B	13.8B	14.5B	7.9B
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	522.1M
Net Receivables	2.3B	2.4B	2.4B	2.6B	2.4B	1.5B
Liabilities And Stockholders Equity	17.3B	17.0B	17.1B	16.9B	17.6B	10.6B
Non Current Liabilities Total	11.4B	11.6B	12.4B	12.1B	12.2B	6.3B
Inventory	97.9M	111.6M	107.4M	109.1M	143.1M	86.7M
Other Current Assets	173.2M	253.2M	165.6M	78.8M	102.6M	101.1M
Other Stockholder Equity	749.0M	597.1M	540.3M	606.9M	509.8M	379.5M
Total Liab	13.8B	14.1B	14.8B	14.7B	14.9B	8.0B
Total Current Assets	3.7B	3.1B	3.2B	3.2B	3.1B	2.7B
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

DaVita HealthCare Investors Sentiment

The influence of DaVita HealthCare'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 DaVita. 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 DaVita HealthCare's public news can be used to forecast risks associated with an investment in DaVita. The trend in average sentiment can be used to explain how an investor holding DaVita can time the market purely based on public headlines and social activities around DaVita HealthCare Partners. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.

DaVita HealthCare'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 DaVita HealthCare'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 DaVita HealthCare's news discussions. The higher the estimated score, the more favorable is the investor's outlook on DaVita HealthCare.

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 DaVita HealthCare 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, DaVita HealthCare's short interest history, or implied volatility extrapolated from DaVita HealthCare options trading.

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 against DaVita Stock

0.77	GH	Guardant Health Financial Report 14th of May 2024	Pair Corr
0.49	DNA	Ginkgo Bioworks Holdings Financial Report 8th of May 2024	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

View

Largest Health Care Equipment & Services Companies

View

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 CEOs Directory module to screen CEOs from public companies around the world.

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.

	Transaction History View history of all your transactions and understand their impact on performance
	Portfolio Backtesting Avoid under-diversification and over-optimization by backtesting your portfolios
	Pattern Recognition Use different Pattern Recognition models to time the market across multiple global exchanges
	Idea Analyzer Analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas
	Performance Analysis Check effects of mean-variance optimization against your current asset allocation
	Portfolio Suggestion Get suggestions outside of your existing asset allocation including your own model portfolios
	Fundamentals Comparison Compare fundamentals across multiple equities to find investing opportunities
	My Watchlist Analysis Analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like
	Commodity Directory Find actively traded commodities issued by global exchanges
	Odds Of Bankruptcy Get analysis of equity chance of financial distress in the next 2 years
	Cryptocurrency Center Build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency
	Portfolio Dashboard Portfolio dashboard that provides centralized access to all your investments

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.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

DaVita Total Permanent Equity vs Total Stockholder Equity Analysis

Total Permanent Equity vs Total Stockholder Equity

Total Permanent Equity vs Total Stockholder Equity Correlation Analysis

Correlation Coefficient

Total Permanent Equity

Total Stockholder Equity

DaVita HealthCare fundamental ratios Correlations

DaVita HealthCare Account Relationship Matchups

High Positive Relationship

High Negative Relationship

DaVita HealthCare fundamental ratios Accounts

DaVita HealthCare Investors Sentiment

Pair Trading with DaVita HealthCare

Moving against DaVita Stock

Complementary Tools for DaVita Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

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

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