National Other Operating Expenses vs Cost Of Revenue Analysis

NHI Stock  USD 62.78  0.11  0.17%   
National Health financial indicator trend analysis is infinitely more than just investigating National Health Investors recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether National Health Investors is a good investment. Please check the relationship between National Health Other Operating Expenses and its Cost Of Revenue accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in National Health Investors. 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.

Other Operating Expenses vs Cost Of Revenue

Other Operating Expenses vs Cost Of Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of National Health Investors Other Operating Expenses account and Cost Of Revenue. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between National Health's Other Operating Expenses and Cost Of Revenue is -0.32. Overlapping area represents the amount of variation of Other Operating Expenses that can explain the historical movement of Cost Of Revenue in the same time period over historical financial statements of National Health Investors, assuming nothing else is changed. The correlation between historical values of National Health's Other Operating Expenses and Cost Of Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Operating Expenses of National Health Investors are associated (or correlated) with its Cost Of Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cost Of Revenue has no effect on the direction of Other Operating Expenses i.e., National Health's Other Operating Expenses and Cost Of Revenue go up and down completely randomly.

Correlation Coefficient

-0.32
Relationship DirectionNegative 
Relationship StrengthInsignificant

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of National Health Investors. It is also known as National Health overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.

Cost Of Revenue

Cost of Revenue is found on National Health Investors income statement and represents the costs associated with goods and services National Health provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.
Most indicators from National Health's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into National Health Investors 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 Health Investors. 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.
As of now, National Health's Selling General Administrative is increasing as compared to previous years. The National Health's current Enterprise Value is estimated to increase to about 3.7 B, while Discontinued Operations is projected to decrease to under 16.4 M.
 2021 2022 2023 2024 (projected)
Gross Profit287.1M268.4M308.3M169.0M
Total Revenue298.7M278.2M319.8M170.8M

National Health fundamental ratios Correlations

0.990.990.690.93-0.060.20.450.920.930.520.990.581.00.90.88-0.370.90.70.250.210.950.950.36-0.190.99
0.990.960.650.94-0.060.190.450.850.940.511.00.480.980.90.86-0.380.920.690.220.170.920.920.38-0.221.0
0.990.960.720.9-0.060.220.430.950.910.530.960.660.990.890.87-0.340.870.690.270.250.950.940.32-0.160.95
0.690.650.720.670.010.440.160.70.660.350.650.630.720.570.52-0.140.50.50.1-0.040.610.620.10.140.64
0.930.940.90.670.170.130.390.821.00.320.940.350.920.910.87-0.370.90.840.330.190.890.890.36-0.330.96
-0.06-0.06-0.060.010.17-0.28-0.180.040.18-0.87-0.06-0.1-0.070.140.110.090.150.60.360.170.190.2-0.11-0.46-0.03
0.20.190.220.440.13-0.28-0.340.140.120.340.180.290.28-0.11-0.20.39-0.15-0.15-0.58-0.590.060.06-0.40.350.16
0.450.450.430.160.39-0.18-0.340.360.410.380.450.080.40.50.57-0.510.460.210.730.760.390.390.52-0.130.45
0.920.850.950.70.820.040.140.360.830.430.860.770.910.860.85-0.380.810.720.350.340.920.920.34-0.220.85
0.930.940.910.661.00.180.120.410.830.320.940.350.920.910.87-0.380.910.850.360.220.890.90.37-0.340.96
0.520.510.530.350.32-0.870.340.380.430.320.510.350.530.320.34-0.260.29-0.14-0.14-0.020.280.270.260.290.48
0.991.00.960.650.94-0.060.180.450.860.940.510.490.980.90.87-0.390.920.690.220.180.930.930.39-0.221.0
0.580.480.660.630.35-0.10.290.080.770.350.350.490.610.410.41-0.130.390.280.080.20.610.610.060.240.45
1.00.980.990.720.92-0.070.280.40.910.920.530.980.610.860.83-0.340.870.680.210.170.930.930.33-0.130.97
0.90.90.890.570.910.14-0.110.50.860.910.320.90.410.860.99-0.40.960.80.440.350.90.910.4-0.470.91
0.880.860.870.520.870.11-0.20.570.850.870.340.870.410.830.99-0.450.930.770.510.440.890.890.44-0.480.88
-0.37-0.38-0.34-0.14-0.370.090.39-0.51-0.38-0.38-0.26-0.39-0.13-0.34-0.4-0.45-0.45-0.36-0.62-0.61-0.37-0.37-0.990.31-0.39
0.90.920.870.50.90.15-0.150.460.810.910.290.920.390.870.960.93-0.450.790.380.320.910.910.45-0.40.93
0.70.690.690.50.840.6-0.150.210.720.85-0.140.690.280.680.80.77-0.360.790.510.330.810.820.33-0.550.72
0.250.220.270.10.330.36-0.580.730.350.36-0.140.220.080.210.440.51-0.620.380.510.940.350.360.59-0.390.25
0.210.170.25-0.040.190.17-0.590.760.340.22-0.020.180.20.170.350.44-0.610.320.330.940.310.310.58-0.270.18
0.950.920.950.610.890.190.060.390.920.890.280.930.610.930.90.89-0.370.910.810.350.311.00.35-0.330.93
0.950.920.940.620.890.20.060.390.920.90.270.930.610.930.910.89-0.370.910.820.360.311.00.35-0.340.93
0.360.380.320.10.36-0.11-0.40.520.340.370.260.390.060.330.40.44-0.990.450.330.590.580.350.35-0.340.39
-0.19-0.22-0.160.14-0.33-0.460.35-0.13-0.22-0.340.29-0.220.24-0.13-0.47-0.480.31-0.4-0.55-0.39-0.27-0.33-0.34-0.34-0.26
0.991.00.950.640.96-0.030.160.450.850.960.481.00.450.970.910.88-0.390.930.720.250.180.930.930.39-0.26
Click cells to compare fundamentals

National Health Account Relationship Matchups

National Health fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets3.0B3.1B2.8B2.5B2.5B1.3B
Short Long Term Debt Total1.5B1.5B1.3B1.1B1.1B586.0M
Total Stockholder Equity1.5B1.5B1.5B1.3B1.3B729.6M
Net Debt1.4B1.5B1.2B1.1B1.1B1.2B
Retained Earnings(5.3M)(22.0M)(84.6M)(329.6M)2.5B2.6B
Non Currrent Assets Other(308K)6.8M7.5M965K8.4M8.0M
Other Assets304.3M2.8B2.5B45.5M52.4M49.7M
Common Stock Shares Outstanding43.7M44.7M45.7M44.8M43.4M32.0M
Liabilities And Stockholders Equity3.0B3.1B2.8B2.5B2.5B1.3B
Non Current Liabilities Total1.5B1.5B1.3B1.1B1.1B1.2B
Other Stockholder Equity1.5B1.5B1.6B1.6B(1.2B)(1.2B)
Total Liab1.5B1.6B1.3B1.2B1.2B610.1M
Non Current Assets Total2.6B2.7B2.3B2.1B2.1B1.2B
Net Receivables429.4M390.7M399.4M315.0M334.9M238.8M
Total Current Assets463.5M437.1M505.2M379.8M364.5M257.1M
Other Current Liab45.6M(408.6M)(34.1M)(376.4M)(36.4M)(34.5M)
Total Current Liabilities92.9M87.6M70.2M70.0M79.4M53.2M
Accounts Payable26.3M25.2M23.2M25.9M34.3M36.0M
Cash5.2M43.3M37.4M19.3M22.3M34.0M
Cash And Short Term Investments5.2M43.3M37.4M19.3M22.3M21.2M
Common Stock Total Equity446K452K459K434K499.1K351.3K
Accumulated Other Comprehensive Income(3.4M)(7.1M)(84.6M)(329.6M)(350.2M)(332.7M)
Common Stock446K452K459K434K499.1K355.8K
Short Term Debt1.2M458.4M75.4M415.4M75.4M61.4M
Other Liab30.4M23.3M14.6M5.1M4.5M4.3M
Long Term Debt1.4B1.5B1.2B1.1B1.1B663.6M
Current Deferred Revenue19.8M12.6M5.7M5.1M6.0M4.6M
Other Current Assets(431.4M)(431.5M)(433.6M)45.5M(352.3M)(334.7M)
Net Tangible Assets1.5B1.5B1.5B1.3B1.5B1.2B
Capital Surpluse1.5B1.5B1.6B1.6B1.8B1.2B
Deferred Long Term Liab10.1M12.6M5.7M5.1M5.8M4.6M
Long Term Investments141.5M246.1M292.4M300.0M344.9M187.0M

National Health Investors Sentiment

The influence of National Health'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 National. 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 National Health's public news can be used to forecast risks associated with an investment in National. The trend in average sentiment can be used to explain how an investor holding National can time the market purely based on public headlines and social activities around National Health Investors. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
National Health'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 National Health'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 National Health's news discussions. The higher the estimated score, the more favorable is the investor's outlook on National Health.
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 National Health 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, National Health's short interest history, or implied volatility extrapolated from National Health options trading.

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When determining whether National Health Investors offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of National Health'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 Health Investors Stock. Outlined below are crucial reports that will aid in making a well-informed decision on National Health Investors Stock:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in National Health Investors. 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 National Health Investors information on this page should be used as a complementary analysis to other National 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 Investing Opportunities module to build portfolios using our predefined set of ideas and optimize them against your investing preferences.

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When running National Health's price analysis, check to measure National 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 National Health is operating at the current time. Most of National Health's value examination focuses on studying past and present price action to predict the probability of National 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 National Health's price. Additionally, you may evaluate how the addition of National Health to your portfolios can decrease your overall portfolio volatility.
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Is National 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 National Health. 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 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
(0.14)
Dividend Share
3.6
Earnings Share
3.13
Revenue Per Share
7.384
Quarterly Revenue Growth
(0.12)
The market value of National Health Investors 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 Health's value that differs from its market value or its book value, called intrinsic value, which is National 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 National Health's market value can be influenced by many factors that don't directly affect National 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 National Health's value and its price as these two are different measures arrived at by different means. Investors typically determine if National Health is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, National 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.