Encompass Net Cash Flow Business Acquisitions and Disposals vs Capital Expenditure Analysis
EHC Stock | USD 78.62 1.07 1.34% |
Trend analysis of Encompass Health Corp balance sheet accounts such as Other Current Liabilities of 297.6 M or Total Current Liabilities of 514.9 M provides information on Encompass Health's total assets, liabilities, and equity, which is the actual value of Encompass Health Corp to its prevalent stockholders. By breaking down trends over time using Encompass Health balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
Encompass |
About Encompass Balance Sheet Analysis
Balance Sheet is a snapshot of the financial position of Encompass Health Corp at a specified time, usually calculated after every quarter, six months, or one year. Encompass Health Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Encompass Health and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Encompass currently owns. An asset can also be divided into two categories, current and non-current.
Encompass Health Balance Sheet Chart
Encompass Health Balance Sheet is one of the main financial statements that report all assets, liabilities, and shareholders' equity for the current year. It provides a basis for different types of computing rates of return, such as return on equity (ROE) or return on asset (ROA), as well as shows how Encompass Health Corp uses and utilizes its capital. It also shows what exactly a company owns and owes.
At present, Encompass Health's Property Plant And Equipment Net is projected to increase significantly based on the last few years of reporting. The current year's Retained Earnings is expected to grow to about 426.8 M, whereas Total Assets are forecasted to decline to about 3.8 B. Add Fundamental
Total Assets
Total assets refers to the total amount of Encompass 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 Encompass Health Corp 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.Total Current Liabilities
Total Current Liabilities is an item on Encompass Health balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Encompass Health Corp are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.Most indicators from Encompass Health's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Encompass Health Corp 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 Encompass Health Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in rate. At present, Encompass Health's Discontinued Operations is projected to decrease significantly based on the last few years of reporting. The current year's Sales General And Administrative To Revenue is expected to grow to 0.63, whereas Tax Provision is forecasted to decline to about 104.1 M.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 4.9B | 4.1B | 933.5M | 886.8M | Total Revenue | 5.1B | 4.3B | 4.8B | 2.8B |
Encompass Health fundamental ratios Correlations
Click cells to compare fundamentals
Encompass Health Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Encompass Health fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 6.1B | 6.4B | 6.9B | 5.6B | 6.1B | 3.8B | |
Short Long Term Debt Total | 3.3B | 3.5B | 3.5B | 3.0B | 2.9B | 2.2B | |
Other Current Liab | 303.8M | 218.3M | 219.7M | 309.2M | 437.5M | 297.6M | |
Total Current Liabilities | 721M | 717.3M | 748.8M | 575.9M | 656.4M | 514.9M | |
Total Stockholder Equity | 1.4B | 1.6B | 1.9B | 1.3B | 1.6B | 1.7B | |
Property Plant And Equipment Net | 2.2B | 2.5B | 2.8B | 3.2B | 3.5B | 3.7B | |
Net Debt | 3.3B | 3.3B | 3.5B | 3.0B | 2.8B | 2.1B | |
Retained Earnings | (526.5M) | (242.3M) | 141.8M | 115.7M | 406.5M | 426.8M | |
Cash | 94.8M | 224M | 54.8M | 21.8M | 104.2M | 120.5M | |
Non Current Assets Total | 5.3B | 5.5B | 5.9B | 4.9B | 5.3B | 3.0B | |
Non Currrent Assets Other | 213.8M | 295M | 254.5M | (13.3M) | 82.1M | 78.0M | |
Cash And Short Term Investments | 94.8M | 224M | 54.8M | 21.8M | 141.8M | 126.1M | |
Net Receivables | 506.1M | 572.8M | 680.3M | 536.8M | 611.6M | 441.3M | |
Liabilities And Stockholders Equity | 6.1B | 6.4B | 6.9B | 5.6B | 6.1B | 3.8B | |
Non Current Liabilities Total | 3.4B | 3.7B | 3.7B | 3.2B | 3.1B | 2.4B | |
Inventory | 57.4M | 65.4M | 65.1M | 31.6M | 36.3M | 72.1M | |
Other Current Assets | 97.5M | 86.4M | 121.2M | 127M | 88.4M | 127.6M | |
Other Stockholder Equity | 1.9B | 1.8B | 1.8B | 1.2B | 1.2B | 1.7B | |
Total Liab | 4.1B | 4.4B | 4.5B | 3.8B | 3.8B | 2.9B | |
Property Plant And Equipment Gross | 2.2B | 2.5B | 2.8B | 3.2B | 5.4B | 5.7B | |
Total Current Assets | 755.8M | 948.6M | 921.4M | 717.2M | 841.8M | 743.6M | |
Short Term Debt | 79.7M | 83.1M | 81.2M | 50.8M | 48.9M | 63.1M | |
Intangible Assets | 476.3M | 431.3M | 417.5M | 282.3M | 278.2M | 222.8M | |
Current Deferred Revenue | 242.9M | 300.9M | 310.3M | 83M | 95.5M | 138.4M | |
Accounts Payable | 94.6M | 115M | 137.6M | 132.9M | 170M | 86.9M | |
Other Liab | 159.9M | 266.8M | 259.9M | 257.2M | 231.5M | 172.7M | |
Other Assets | 300.2M | 542M | 254.5M | 222.1M | 1.0 | 0.95 | |
Long Term Debt | 3.0B | 3.3B | 3.2B | 2.7B | 2.7B | 2.0B | |
Treasury Stock | (427.9M) | (492.3M) | (497.4M) | (521.2M) | (469.1M) | (492.5M) | |
Property Plant Equipment | 2.0B | 2.5B | 2.8B | 3.2B | 3.6B | 3.8B | |
Good Will | 2.3B | 2.3B | 2.4B | 1.3B | 1.3B | 1.3B | |
Net Tangible Assets | (1.2B) | (699.1M) | (934.1M) | (235.2M) | (211.7M) | (222.3M) | |
Warrants | 261.7M | 239.6M | 31.6M | 42.2M | 38.0M | 36.1M | |
Noncontrolling Interest In Consolidated Entity | 280.3M | 340.9M | 382M | 445.7M | 512.6M | 538.2M |
Pair Trading with Encompass 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 Encompass 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 Encompass Health will appreciate offsetting losses from the drop in the long position's value.Moving together with Encompass Stock
0.67 | ELMD | Electromed | PairCorr |
0.71 | BAX | Baxter International Financial Report 25th of April 2024 | PairCorr |
Moving against Encompass Stock
0.85 | EMBC | Embecta Corp Financial Report 10th of May 2024 | PairCorr |
0.84 | NVST | Envista Holdings Corp Financial Report 1st of May 2024 | PairCorr |
0.83 | IVP | Inspire Veterinary | PairCorr |
0.78 | TFX | Teleflex Incorporated Financial Report 2nd of May 2024 | PairCorr |
0.75 | MMSI | Merit Medical Systems Financial Report 24th of April 2024 | PairCorr |
The ability to find closely correlated positions to Encompass 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 Encompass 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 Encompass 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 Encompass Health Corp to buy it.
The correlation of Encompass 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 Encompass Health moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Encompass Health Corp 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 Encompass 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.Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Encompass Health Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in rate. Note that the Encompass Health Corp information on this page should be used as a complementary analysis to other Encompass Health'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 Efficient Frontier module to plot and analyze your portfolio and positions against risk-return landscape of the market..
Complementary Tools for Encompass Stock analysis
When running Encompass Health's price analysis, check to measure Encompass 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 Encompass Health is operating at the current time. Most of Encompass Health's value examination focuses on studying past and present price action to predict the probability of Encompass 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 Encompass Health's price. Additionally, you may evaluate how the addition of Encompass Health to your portfolios can decrease your overall portfolio volatility.
Companies Directory Evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals | |
Crypto Correlations Use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins | |
Economic Indicators Top statistical indicators that provide insights into how an economy is performing | |
Volatility Analysis Get historical volatility and risk analysis based on latest market data | |
Commodity Directory Find actively traded commodities issued by global exchanges |
Is Encompass 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 Encompass Health. If investors know Encompass 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 Encompass 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 (0.03) | Dividend Share 0.6 | Earnings Share 3.59 | Revenue Per Share 48.253 | Quarterly Revenue Growth 0.096 |
The market value of Encompass Health Corp is measured differently than its book value, which is the value of Encompass that is recorded on the company's balance sheet. Investors also form their own opinion of Encompass Health's value that differs from its market value or its book value, called intrinsic value, which is Encompass 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 Encompass Health's market value can be influenced by many factors that don't directly affect Encompass 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 Encompass Health's value and its price as these two are different measures arrived at by different means. Investors typically determine if Encompass Health is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Encompass 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.