GoHealth Net Income vs Book Value per Share Analysis

GOCO Stock  USD 10.50  0.09  0.86%   
GoHealth financial indicator trend analysis is much more than just examining GoHealth latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether GoHealth is a good investment. Please check the relationship between GoHealth Net Income and its Book Value Per Share accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in GoHealth. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators.
To learn how to invest in GoHealth Stock, please use our How to Invest in GoHealth guide.

Net Income vs Book Value Per Share

Net Income vs Book Value per Share Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of GoHealth Net Income account and Book Value per Share. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between GoHealth's Net Income and Book Value per Share is -0.39. Overlapping area represents the amount of variation of Net Income that can explain the historical movement of Book Value per Share in the same time period over historical financial statements of GoHealth, assuming nothing else is changed. The correlation between historical values of GoHealth's Net Income and Book Value per Share is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Income of GoHealth are associated (or correlated) with its Book Value per Share. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Book Value per Share has no effect on the direction of Net Income i.e., GoHealth's Net Income and Book Value per Share go up and down completely randomly.

Correlation Coefficient

-0.39
Relationship DirectionNegative 
Relationship StrengthInsignificant

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in GoHealth financial statement analysis. It represents the amount of money remaining after all of GoHealth operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.

Book Value Per Share

The ratio of equity available to common shareholders divided by the number of outstanding shares. This measure represents the value per share of a company according to its financial statements.
Most indicators from GoHealth's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into GoHealth 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 Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in GoHealth. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators.
To learn how to invest in GoHealth Stock, please use our How to Invest in GoHealth guide.At this time, GoHealth's Selling General Administrative is very stable compared to the past year. As of the 19th of April 2024, Sales General And Administrative To Revenue is likely to grow to 0.20, while Tax Provision is likely to drop about 63.6 K.
 2023 2024 (projected)
Depreciation And Amortization105.7M84.0M
Interest Income9.4M9.9M

GoHealth fundamental ratios Correlations

0.940.80.770.89-0.47-0.570.690.530.91-0.330.90.820.990.930.920.820.620.25-0.990.940.940.58-0.340.930.92
0.940.940.910.77-0.46-0.320.890.650.99-0.50.990.760.910.970.990.760.730.08-0.911.00.980.38-0.460.990.99
0.80.940.990.61-0.5-0.140.950.790.94-0.640.970.680.750.870.930.680.84-0.06-0.780.940.880.26-0.630.950.95
0.770.910.990.61-0.47-0.10.930.830.92-0.70.940.630.710.820.890.630.85-0.02-0.760.910.840.22-0.660.940.93
0.890.770.610.61-0.12-0.480.420.470.77-0.410.720.570.920.70.690.570.480.66-0.940.770.820.37-0.260.780.78
-0.47-0.46-0.5-0.47-0.120.55-0.46-0.44-0.37-0.03-0.46-0.77-0.42-0.51-0.53-0.77-0.60.560.4-0.45-0.34-0.770.5-0.47-0.4
-0.57-0.32-0.14-0.1-0.480.550.030.1-0.21-0.46-0.24-0.75-0.6-0.38-0.35-0.75-0.06-0.150.55-0.34-0.28-0.95-0.08-0.31-0.23
0.690.890.950.930.42-0.460.030.70.9-0.590.930.560.620.860.90.560.74-0.27-0.630.880.840.13-0.50.880.9
0.530.650.790.830.47-0.440.10.70.67-0.870.70.350.480.520.580.350.920.0-0.570.630.590.06-0.850.720.7
0.910.990.940.920.77-0.37-0.210.90.67-0.570.990.670.880.960.970.670.720.11-0.890.990.980.27-0.440.981.0
-0.33-0.5-0.64-0.7-0.41-0.03-0.46-0.59-0.87-0.57-0.560.01-0.29-0.34-0.40.01-0.74-0.220.39-0.48-0.50.390.71-0.56-0.59
0.90.990.970.940.72-0.46-0.240.930.70.99-0.560.710.860.960.980.710.760.02-0.870.990.970.33-0.480.990.99
0.820.760.680.630.57-0.77-0.750.560.350.670.010.710.790.780.81.00.59-0.11-0.760.770.670.81-0.420.720.69
0.990.910.750.710.92-0.42-0.60.620.480.88-0.290.860.790.90.880.790.570.33-0.990.910.920.58-0.290.90.88
0.930.970.870.820.7-0.51-0.380.860.520.96-0.340.960.780.90.990.780.64-0.03-0.880.970.970.45-0.330.940.95
0.920.990.930.890.69-0.53-0.350.90.580.97-0.40.980.80.880.990.80.7-0.04-0.870.990.950.43-0.430.960.97
0.820.760.680.630.57-0.77-0.750.560.350.670.010.711.00.790.780.80.59-0.11-0.760.770.670.81-0.420.720.69
0.620.730.840.850.48-0.6-0.060.740.920.72-0.740.760.590.570.640.70.59-0.1-0.630.720.650.21-0.930.750.75
0.250.08-0.06-0.020.660.56-0.15-0.270.00.11-0.220.02-0.110.33-0.03-0.04-0.11-0.1-0.380.090.18-0.110.10.10.12
-0.99-0.91-0.78-0.76-0.940.40.55-0.63-0.57-0.890.39-0.87-0.76-0.99-0.88-0.87-0.76-0.63-0.38-0.91-0.92-0.530.37-0.91-0.9
0.941.00.940.910.77-0.45-0.340.880.630.99-0.480.990.770.910.970.990.770.720.09-0.910.970.39-0.450.980.99
0.940.980.880.840.82-0.34-0.280.840.590.98-0.50.970.670.920.970.950.670.650.18-0.920.970.31-0.350.960.98
0.580.380.260.220.37-0.77-0.950.130.060.270.390.330.810.580.450.430.810.21-0.11-0.530.390.31-0.050.390.29
-0.34-0.46-0.63-0.66-0.260.5-0.08-0.5-0.85-0.440.71-0.48-0.42-0.29-0.33-0.43-0.42-0.930.10.37-0.45-0.35-0.05-0.48-0.48
0.930.990.950.940.78-0.47-0.310.880.720.98-0.560.990.720.90.940.960.720.750.1-0.910.980.960.39-0.480.99
0.920.990.950.930.78-0.4-0.230.90.71.0-0.590.990.690.880.950.970.690.750.12-0.90.990.980.29-0.480.99
Click cells to compare fundamentals

GoHealth Account Relationship Matchups

GoHealth fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.6B2.1B2.1B1.7B1.5B1.7B
Short Long Term Debt Total291.7M400.6M696.3M557.4M592.4M466.3M
Other Current Liab25.3M35.3M61.1M63.4M85.6M52.0M
Total Current Liabilities113.1M127.4M217.1M265.5M370.0M209.2M
Total Stockholder Equity860.1M378.8M353.1M318.1M231.0M358.3M
Other Liab340.9M185.8M274.4M259.0M233.1M214.6M
Net Tangible Assets(309.2M)(694.9M)(241.6M)(182.6M)(209.9M)(220.4M)
Property Plant And Equipment Net6.3M17.4M47.7M46.8M48.8M32.8M
Current Deferred Revenue15.2M736K536K50.6M67.2M70.6M
Net Debt279.4M256.3M611.9M541.0M501.5M402.4M
Retained Earnings(312.6M)(18.8M)(208.3M)(357.0M)(420.3M)(399.3M)
Accounts Payable69.6M87.2M144.0M137.2M136.4M110.6M
Cash12.3M144.2M84.4M16.5M90.8M63.9M
Non Current Assets Total1.5B1.7B1.6B1.2B1.0B1.3B
Non Currrent Assets Other282.9M624.3M997.5M697.4M577.7M597.1M
Other Assets282.9M624.3M997.5M697.4M802.0M589.4M
Cash And Short Term Investments12.3M144.2M84.4M16.5M90.8M63.9M
Net Receivables125.5M218.4M285.9M340.5M911.9M957.5M
Common Stock Shares Outstanding5.6M5.6M7.1M8.4M9.3M7.6M
Long Term Debt Total288.7M396.4M665.1M504.8M580.5M408.1M
Liabilities And Stockholders Equity1.6B2.1B2.1B1.7B1.5B1.7B
Non Current Liabilities Total629.1M582.3M959.3M802.1M674.6M720.3M
Capital Lease Obligations421K396.4M25.9M47.3M45.3M68.7M
Other Current Assets6.0M29.2M58.7M57.6M(1.0B)(952.6M)
Other Stockholder Equity312.6M397.5M561.4M625.9M602.1M461.9M
Total Liab742.2M709.6M1.2B1.1B1.1B938.5M
Net Invested Capital603.8M781.0M1.0B778.8M728.7M684.6M
Total Current Assets143.8M391.8M429.0M414.6M476.4M350.1M
Accumulated Other Comprehensive Income(17K)(18.8M)(208.4M)(144K)(127K)(133.4K)
Non Current Liabilities Other242.7M3.3M294.2M297.3M9.1M8.6M
Net Working Capital30.7M264.5M211.9M149.1M106.4M140.9M
Short Term Debt3M4.2M11.4M14.2M80.8M84.8M
Property Plant Equipment6.3M17.4M47.7M46.8M53.8M28.6M

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When determining whether GoHealth offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of GoHealth'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 Gohealth Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Gohealth Stock:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in GoHealth. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators.
To learn how to invest in GoHealth Stock, please use our How to Invest in GoHealth guide.
Note that the GoHealth information on this page should be used as a complementary analysis to other GoHealth'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 Portfolio Center module to all portfolio management and optimization tools to improve performance of your portfolios.

Complementary Tools for GoHealth Stock analysis

When running GoHealth's price analysis, check to measure GoHealth'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 GoHealth is operating at the current time. Most of GoHealth's value examination focuses on studying past and present price action to predict the probability of GoHealth's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move GoHealth's price. Additionally, you may evaluate how the addition of GoHealth to your portfolios can decrease your overall portfolio volatility.
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Is GoHealth'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 GoHealth. If investors know GoHealth 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 GoHealth 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
4.241
Earnings Share
(7.19)
Revenue Per Share
79.065
Quarterly Revenue Growth
2.988
Return On Assets
(0.03)
The market value of GoHealth is measured differently than its book value, which is the value of GoHealth that is recorded on the company's balance sheet. Investors also form their own opinion of GoHealth's value that differs from its market value or its book value, called intrinsic value, which is GoHealth'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 GoHealth's market value can be influenced by many factors that don't directly affect GoHealth'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 GoHealth's value and its price as these two are different measures arrived at by different means. Investors typically determine if GoHealth is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, GoHealth'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.