National Short Term Debt vs Long Term Investments Analysis

NHC Stock  USD 103.20  0.38  0.37%   
National HealthCare financial indicator trend analysis is infinitely more than just investigating National HealthCare recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether National HealthCare is a good investment. Please check the relationship between National HealthCare Short Term Debt and its Long Term Investments accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in National HealthCare. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate.
For information on how to trade National Stock refer to our How to Trade National Stock guide.

Short Term Debt vs Long Term Investments

Short Term Debt vs Long Term Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of National HealthCare Short Term Debt account and Long Term Investments. At this time, the significance of the direction appears to have almost no relationship.
The correlation between National HealthCare's Short Term Debt and Long Term Investments is 0.17. Overlapping area represents the amount of variation of Short Term Debt that can explain the historical movement of Long Term Investments in the same time period over historical financial statements of National HealthCare, assuming nothing else is changed. The correlation between historical values of National HealthCare's Short Term Debt and Long Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Term Debt of National HealthCare are associated (or correlated) with its Long Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Investments has no effect on the direction of Short Term Debt i.e., National HealthCare's Short Term Debt and Long Term Investments go up and down completely randomly.

Correlation Coefficient

0.17
Relationship DirectionPositive 
Relationship StrengthInsignificant

Short Term Debt

Long Term Investments

Long Term Investments is an item on the asset side of National HealthCare balance sheet that represents investments National HealthCare intends to hold for over a year. National HealthCare long term investments may include different instruments such as stocks, bonds, real estate and cash.
Most indicators from National HealthCare's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into National 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 Correlation Analysis to better understand how to build diversified portfolios, which includes a position in National HealthCare. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate.
For information on how to trade National Stock refer to our How to Trade National Stock guide.At present, National HealthCare'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 16.51, whereas Selling General Administrative is forecasted to decline to about 39.4 M.
 2021 2022 2023 2024 (projected)
Gross Profit381.3M766.7M772.2M810.8M
Total Revenue1.0B1.1B1.1B709.3M

National HealthCare fundamental ratios Correlations

0.250.530.740.790.9-0.120.870.480.960.590.670.910.70.430.89-0.010.920.830.470.78-0.160.030.730.820.78
0.250.32-0.21-0.080.110.740.43-0.020.440.72-0.040.02-0.370.920.02-0.040.420.690.14-0.26-0.68-0.590.210.150.11
0.530.320.190.290.540.10.650.220.610.580.210.370.130.520.510.20.570.580.030.2-0.570.00.290.260.41
0.74-0.210.190.710.52-0.370.470.350.530.330.750.640.82-0.150.82-0.020.480.480.390.970.460.230.520.50.61
0.79-0.080.290.710.7-0.350.710.390.710.240.850.850.740.140.78-0.360.710.560.760.73-0.030.10.920.820.65
0.90.110.540.520.7-0.150.80.390.90.350.480.930.710.370.80.090.890.650.270.64-0.210.230.610.810.77
-0.120.740.1-0.37-0.35-0.150.08-0.680.050.29-0.3-0.31-0.520.57-0.24-0.160.060.28-0.06-0.47-0.41-0.44-0.08-0.13-0.12
0.870.430.650.470.710.80.080.350.910.650.60.80.470.660.81-0.120.920.880.550.51-0.47-0.090.750.80.74
0.48-0.020.220.350.390.39-0.680.350.430.360.350.50.380.140.40.270.380.330.150.44-0.10.050.280.340.31
0.960.440.610.530.710.90.050.910.430.660.560.860.520.630.79-0.030.950.880.450.57-0.41-0.10.730.810.74
0.590.720.580.330.240.350.290.650.360.660.270.30.10.710.50.250.560.830.180.26-0.4-0.310.320.220.42
0.67-0.040.210.750.850.48-0.30.60.350.560.270.620.620.120.77-0.490.540.570.770.710.020.070.790.70.72
0.910.020.370.640.850.93-0.310.80.50.860.30.620.80.260.83-0.060.890.630.50.76-0.080.160.760.910.73
0.7-0.370.130.820.740.71-0.520.470.380.520.10.620.8-0.190.840.150.570.330.280.890.450.550.490.60.72
0.430.920.52-0.150.140.370.570.660.140.630.710.120.26-0.190.24-0.060.620.80.25-0.15-0.83-0.420.370.380.34
0.890.020.510.820.780.8-0.240.810.40.790.50.770.830.840.240.050.790.710.430.840.040.320.630.720.9
-0.01-0.040.2-0.02-0.360.09-0.16-0.120.27-0.030.25-0.49-0.060.15-0.060.05-0.05-0.07-0.760.040.220.38-0.54-0.41-0.04
0.920.420.570.480.710.890.060.920.380.950.560.540.890.570.620.79-0.050.850.460.57-0.38-0.080.750.870.74
0.830.690.580.480.560.650.280.880.330.880.830.570.630.330.80.71-0.070.850.460.46-0.46-0.230.650.650.67
0.470.140.030.390.760.27-0.060.550.150.450.180.770.50.280.250.43-0.760.460.460.36-0.21-0.220.840.710.4
0.78-0.260.20.970.730.64-0.470.510.440.570.260.710.760.89-0.150.840.040.570.460.360.430.310.520.60.64
-0.16-0.68-0.570.46-0.03-0.21-0.41-0.47-0.1-0.41-0.40.02-0.080.45-0.830.040.22-0.38-0.46-0.210.430.45-0.27-0.25-0.1
0.03-0.590.00.230.10.23-0.44-0.090.05-0.1-0.310.070.160.55-0.420.320.38-0.08-0.23-0.220.310.45-0.25-0.010.35
0.730.210.290.520.920.61-0.080.750.280.730.320.790.760.490.370.63-0.540.750.650.840.52-0.27-0.250.840.54
0.820.150.260.50.820.81-0.130.80.340.810.220.70.910.60.380.72-0.410.870.650.710.6-0.25-0.010.840.72
0.780.110.410.610.650.77-0.120.740.310.740.420.720.730.720.340.9-0.040.740.670.40.64-0.10.350.540.72
Click cells to compare fundamentals

National HealthCare Account Relationship Matchups

National HealthCare fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.3B1.4B1.4B1.3B1.3B772.0M
Short Long Term Debt Total232.0M194.0M166.7M125.9M93.4M76.5M
Other Current Liab15.0M162.9M184.0M136.0M23.0M21.8M
Total Current Liabilities194.8M281.2M263.2M197.9M214.5M165.7M
Total Stockholder Equity778.6M795.2M903.0M874.3M908.8M954.2M
Property Plant And Equipment Net535.4M520.3M521.0M627.1M587.5M349.6M
Net Debt29.3M46.9M59.0M67.3M(31.4M)(29.8M)
Accounts Payable18.9M21.1M22.5M17.0M19.2M14.7M
Cash202.8M147.1M107.6M58.7M124.8M69.2M
Non Current Assets Total945.6M905.4M976.8M921.5M904.6M499.2M
Non Currrent Assets Other410.2M385.1M455.8M106.2M(2.4M)(2.3M)
Cash And Short Term Investments202.8M323.4M256.0M182.6M280.9M295.0M
Net Receivables97.2M90.6M96.6M100.3M109.0M78.1M
Common Stock Shares Outstanding15.4M15.4M15.4M15.4M15.4M14.1M
Liabilities And Stockholders Equity1.3B1.4B1.4B1.3B1.3B772.0M
Non Current Liabilities Total313.3M285.7M237.2M200.0M185.8M156.3M
Inventory7.4M8.8M8.6M7.1M7.4M6.4M
Other Current Assets183.0M(24.9M)(5.3M)10.2M(397.4M)(377.5M)
Other Stockholder Equity222.8M226.9M232.2M227.0M227.6M152.8M
Total Liab508.1M567.0M500.4M397.9M400.3M321.9M
Property Plant And Equipment Gross738.3M699.4M1.1B506.5M1.2B1.3B
Total Current Assets341.1M456.8M426.6M353.9M406.2M272.8M
Accumulated Other Comprehensive Income2.6M5.1M1.6M(9.5M)(6.6M)(6.3M)
Short Term Debt38.4M29.9M32.3M34.1M30.2M42.5M
Retained Earnings553.1M563.0M669.1M656.7M687.6M722.0M
Short Term Investments152.5M176.4M148.4M123.9M156.1M116.6M
Other Liab119.2M285.7M237.2M108.2M124.4M89.4M
Other Assets147.1M385.1M455.8M117.1M134.6M114.1M
Property Plant Equipment535.4M520.3M521.0M506.5M582.5M403.6M
Current Deferred Revenue122.4M67.3M24.5M10.9M142.1M149.2M
Noncontrolling Interest In Consolidated Entity476K3.1M5.5M3.2M3.7M3.9M
Retained Earnings Total Equity553.1M563.0M669.1M656.7M755.2M448.2M
Net Tangible Assets778.6M795.2M903.0M874.3M1.0B815.6M

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Additional Information and Resources on Investing in National Stock

When determining whether National HealthCare offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of National 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 National Healthcare Stock. Outlined below are crucial reports that will aid in making a well-informed decision on National Healthcare Stock:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in National HealthCare. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate.
For information on how to trade National Stock refer to our How to Trade National Stock guide.
You can also try the Portfolio Center module to all portfolio management and optimization tools to improve performance of your portfolios.
Is Health Care Providers & Services space 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 National HealthCare. If investors know National 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 National 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
1.224
Dividend Share
2.36
Earnings Share
5.27
Revenue Per Share
75.942
Quarterly Revenue Growth
0.102
The market value of National HealthCare is measured differently than its book value, which is the value of National that is recorded on the company's balance sheet. Investors also form their own opinion of National HealthCare's value that differs from its market value or its book value, called intrinsic value, which is National 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 National HealthCare's market value can be influenced by many factors that don't directly affect National 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 National HealthCare's value and its price as these two are different measures arrived at by different means. Investors typically determine if National HealthCare is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, National 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.