Enhabit Cash vs Retained Earnings Analysis
| EHAB Stock | USD 9.19 0.01 0.11% |
Enhabit financial indicator trend analysis is much more than just examining Enhabit latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Enhabit is a good investment. Please check the relationship between Enhabit Cash and its Retained Earnings accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Enhabit. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation. For information on how to trade Enhabit Stock refer to our How to Trade Enhabit Stock guide.
Cash vs Retained Earnings
Cash vs Retained Earnings Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Enhabit Cash account and Retained Earnings. At this time, the significance of the direction appears to have pay attention.
The correlation between Enhabit's Cash and Retained Earnings is -0.81. Overlapping area represents the amount of variation of Cash that can explain the historical movement of Retained Earnings in the same time period over historical financial statements of Enhabit, assuming nothing else is changed. The correlation between historical values of Enhabit's Cash and Retained Earnings is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash of Enhabit are associated (or correlated) with its Retained Earnings. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Retained Earnings has no effect on the direction of Cash i.e., Enhabit's Cash and Retained Earnings go up and down completely randomly.
Correlation Coefficient | -0.81 |
| Relationship Direction | Negative |
| Relationship Strength | Significant |
Cash
Cash refers to the most liquid asset of Enhabit, which is listed under current asset account on Enhabit balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Enhabit customers. The amounts must be unrestricted with restricted cash listed in a different Enhabit account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.Retained Earnings
The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.Most indicators from Enhabit's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Enhabit 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 Enhabit. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation. For information on how to trade Enhabit Stock refer to our How to Trade Enhabit Stock guide.At present, Enhabit's Enterprise Value Over EBITDA is projected to increase based on the last few years of reporting. The current year's Enterprise Value Multiple is expected to grow to 16.69, whereas Tax Provision is projected to grow to (14.2 M).
| 2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 300K | 15M | 43M | 45.2M | Depreciation And Amortization | 42.3M | 34.5M | 30.9M | 30.3M |
Enhabit fundamental ratios Correlations
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Enhabit Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Enhabit offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Enhabit'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 Enhabit Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Enhabit Stock:Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Enhabit. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation. For information on how to trade Enhabit Stock refer to our How to Trade Enhabit Stock guide.Note that the Enhabit information on this page should be used as a complementary analysis to other Enhabit's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Fundamental Analysis module to view fundamental data based on most recent published financial statements.
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When running Enhabit's price analysis, check to measure Enhabit'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 Enhabit is operating at the current time. Most of Enhabit's value examination focuses on studying past and present price action to predict the probability of Enhabit's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Enhabit's price. Additionally, you may evaluate how the addition of Enhabit to your portfolios can decrease your overall portfolio volatility.
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Is Enhabit'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 Enhabit. If investors know Enhabit 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 Enhabit 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 (0.92) | Earnings Share (1.65) | Revenue Per Share 20.882 | Quarterly Revenue Growth (0.01) | Return On Assets 0.0155 |
The market value of Enhabit is measured differently than its book value, which is the value of Enhabit that is recorded on the company's balance sheet. Investors also form their own opinion of Enhabit's value that differs from its market value or its book value, called intrinsic value, which is Enhabit'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 Enhabit's market value can be influenced by many factors that don't directly affect Enhabit'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 Enhabit's value and its price as these two are different measures arrived at by different means. Investors typically determine if Enhabit is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Enhabit'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.