Select Good Will vs Non Current Liabilities Total Analysis

SEM Stock  USD 32.73  0.62  1.93%   
Select Medical financial indicator trend analysis is much more than just breaking down Select Medical Holdings prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Select Medical Holdings is a good investment. Please check the relationship between Select Medical Good Will and its Non Current Liabilities Total accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Select Medical Holdings. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income.

Good Will vs Non Current Liabilities Total

Good Will vs Non Current Liabilities Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Select Medical Holdings Good Will account and Non Current Liabilities Total. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Select Medical's Good Will and Non Current Liabilities Total is 0.97. Overlapping area represents the amount of variation of Good Will that can explain the historical movement of Non Current Liabilities Total in the same time period over historical financial statements of Select Medical Holdings, assuming nothing else is changed. The correlation between historical values of Select Medical's Good Will and Non Current Liabilities Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Good Will of Select Medical Holdings are associated (or correlated) with its Non Current Liabilities Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Liabilities Total has no effect on the direction of Good Will i.e., Select Medical's Good Will and Non Current Liabilities Total go up and down completely randomly.

Correlation Coefficient

0.97
Relationship DirectionPositive 
Relationship StrengthVery Strong

Good Will

An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.

Non Current Liabilities Total

Most indicators from Select Medical's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Select Medical Holdings 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 World Market Map to better understand how to build diversified portfolios, which includes a position in Select Medical Holdings. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income.
At this time, Select Medical's Sales General And Administrative To Revenue is very stable compared to the past year. As of the 8th of May 2024, Enterprise Value Over EBITDA is likely to grow to 9.89, while Tax Provision is likely to drop about 75.6 M.
 2021 2022 2023 2024 (projected)
Interest Expense136.0M169.1M198.6M152.3M
Depreciation And Amortization252.4M232.2M208.7M141.4M

Select Medical fundamental ratios Correlations

0.980.810.940.730.880.970.640.90.611.0-0.390.640.980.98-0.540.160.370.980.36-0.270.110.990.610.970.69
0.980.830.940.660.91.00.630.890.550.98-0.430.580.960.95-0.450.040.460.970.41-0.31-0.040.980.620.940.74
0.810.830.810.490.90.830.740.750.450.81-0.740.480.810.78-0.360.040.60.80.71-0.58-0.130.820.780.790.79
0.940.940.810.690.860.930.70.910.610.93-0.380.650.940.88-0.470.110.370.870.35-0.26-0.050.920.630.950.76
0.730.660.490.690.640.680.70.810.220.74-0.050.230.80.73-0.880.70.240.59-0.020.080.570.630.420.670.47
0.880.90.90.860.640.890.830.810.50.88-0.460.530.860.83-0.560.180.620.840.43-0.28-0.070.870.850.840.89
0.971.00.830.930.680.890.650.90.470.98-0.420.50.950.94-0.460.030.50.950.39-0.29-0.030.970.620.910.75
0.640.630.740.70.70.830.650.70.180.64-0.250.220.70.61-0.730.370.660.520.19-0.030.10.570.840.610.81
0.90.890.750.910.810.810.90.70.390.91-0.280.410.930.89-0.580.250.290.830.22-0.140.20.870.540.850.67
0.610.550.450.610.220.50.470.180.390.58-0.330.990.530.57-0.140.06-0.090.640.37-0.34-0.050.650.330.750.3
1.00.980.810.930.740.880.980.640.910.58-0.380.610.980.98-0.550.160.380.980.36-0.260.120.990.620.960.7
-0.39-0.43-0.74-0.38-0.05-0.46-0.42-0.25-0.28-0.33-0.38-0.36-0.37-0.35-0.110.16-0.38-0.43-0.990.970.32-0.43-0.42-0.4-0.28
0.640.580.480.650.230.530.50.220.410.990.61-0.360.560.6-0.160.04-0.040.660.4-0.37-0.090.670.380.780.34
0.980.960.810.940.80.860.950.70.930.530.98-0.370.560.96-0.610.220.40.930.33-0.240.180.950.60.950.69
0.980.950.780.880.730.830.940.610.890.570.98-0.350.60.96-0.570.190.320.970.33-0.230.240.970.580.940.62
-0.54-0.45-0.36-0.47-0.88-0.56-0.46-0.73-0.58-0.14-0.55-0.11-0.16-0.61-0.57-0.78-0.28-0.410.18-0.28-0.66-0.43-0.52-0.49-0.46
0.160.040.040.110.70.180.030.370.250.060.160.160.040.220.19-0.78-0.120.02-0.210.210.770.040.150.140.03
0.370.460.60.370.240.620.50.660.29-0.090.38-0.38-0.040.40.32-0.28-0.120.350.34-0.19-0.30.360.580.310.67
0.980.970.80.870.590.840.950.520.830.640.98-0.430.660.930.97-0.410.020.350.42-0.320.050.990.580.950.65
0.360.410.710.35-0.020.430.390.190.220.370.36-0.990.40.330.330.18-0.210.340.42-0.98-0.370.410.410.390.26
-0.27-0.31-0.58-0.260.08-0.28-0.29-0.03-0.14-0.34-0.260.97-0.37-0.24-0.23-0.280.21-0.19-0.32-0.980.36-0.32-0.25-0.3-0.09
0.11-0.04-0.13-0.050.57-0.07-0.030.10.2-0.050.120.32-0.090.180.24-0.660.77-0.30.05-0.370.360.03-0.130.07-0.24
0.990.980.820.920.630.870.970.570.870.650.99-0.430.670.950.97-0.430.040.360.990.41-0.320.030.60.970.69
0.610.620.780.630.420.850.620.840.540.330.62-0.420.380.60.58-0.520.150.580.580.41-0.25-0.130.60.580.82
0.970.940.790.950.670.840.910.610.850.750.96-0.40.780.950.94-0.490.140.310.950.39-0.30.070.970.580.66
0.690.740.790.760.470.890.750.810.670.30.7-0.280.340.690.62-0.460.030.670.650.26-0.09-0.240.690.820.66
Click cells to compare fundamentals

Select Medical Account Relationship Matchups

Select Medical fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets7.3B7.7B7.4B7.7B7.7B4.9B
Short Long Term Debt Total4.5B4.5B4.7B5.1B5.0B2.9B
Other Current Liab535.4M623.8M708.4M687.3M735.7M772.5M
Total Current Liabilities914.3M1.4B1.3B1.2B1.2B713.0M
Total Stockholder Equity929.0M1.1B1.3B1.3B1.3B788.0M
Property Plant And Equipment Net2.0B2.0B2.0B2.2B2.2B2.3B
Net Debt4.2B3.9B4.6B5.0B4.9B2.8B
Retained Earnings279.8M553.2M593.3M581.0M751.9M789.4M
Accounts Payable145.7M177.1M233.8M186.7M174.3M131.2M
Cash335.9M577.1M74.3M97.9M84.0M110.8M
Non Current Assets Total6.1B6.1B6.2B6.4B6.4B4.0B
Non Currrent Assets Other323.9M319.2M356.7M341.7M39.6M37.7M
Cash And Short Term Investments335.9M577.1M74.3M97.9M143.0M115.1M
Net Receivables762.7M896.8M889.3M941.3M940.3M597.3M
Good Will3.4B3.4B3.4B3.5B3.5B2.5B
Common Stock Shares Outstanding130.3M129.8M130.2M124.6M123.1M134.7M
Liabilities And Stockholders Equity7.3B7.7B7.4B7.9B7.7B4.9B
Non Current Liabilities Total5.5B5.0B4.8B5.2B4.9B3.3B
Other Current Assets114.4M114.5M175.8M232.1M151.6M233.2M
Other Stockholder Equity649.1M509.1M720.2M647.8M493.4M584.2M
Total Liab6.4B6.4B6.0B6.3B6.1B4.1B
Property Plant And Equipment Gross2.0B2.0B2.0B1.0B3.6B3.8B
Total Current Assets1.2B1.6B1.1B1.3B1.3B829.8M
Accumulated Other Comprehensive Income0.0(2.0M)12.3M88.6M42.9M45.1M
Short Term Debt233.1M233.0M246.9M281.1M346.0M363.3M
Intangible Assets409.1M387.5M374.9M351.7M329.9M233.3M
Other Liab249.6M301.1M249.2M275.9M317.3M200.2M
Other Assets93.2M1.4B356.7M94.3M108.5M202.7M
Long Term Debt3.4B3.4B3.6B3.8B3.6B2.6B
Property Plant Equipment998.4M943.4M961.5M2.2B2.5B2.6B
Net Tangible Assets(2.1B)(2.3B)(2.7B)804.3M723.9M760.1M
Noncontrolling Interest In Consolidated Entity158.1M192.5M215.9M234.6M269.8M283.3M
Retained Earnings Total Equity279.8M553.2M593.3M581.0M668.2M401.2M
Long Term Debt Total3.4B3.4B3.6B3.8B4.4B2.9B
Capital Surpluse491.0M509.1M504.3M452.2M520.0M521.3M

Select Medical Investors Sentiment

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

Currently Active Assets on Macroaxis

When determining whether Select Medical Holdings is a strong investment it is important to analyze Select Medical's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Select Medical's future performance. For an informed investment choice regarding Select Stock, refer to the following important reports:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Select Medical Holdings. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income.
Note that the Select Medical Holdings information on this page should be used as a complementary analysis to other Select Medical'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 Content Syndication module to quickly integrate customizable finance content to your own investment portal.

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Is Select Medical'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 Select Medical. If investors know Select 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 Select Medical 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
0.356
Dividend Share
0.5
Earnings Share
2.1
Revenue Per Share
54.993
Quarterly Revenue Growth
0.074
The market value of Select Medical Holdings is measured differently than its book value, which is the value of Select that is recorded on the company's balance sheet. Investors also form their own opinion of Select Medical's value that differs from its market value or its book value, called intrinsic value, which is Select Medical'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 Select Medical's market value can be influenced by many factors that don't directly affect Select Medical'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 Select Medical's value and its price as these two are different measures arrived at by different means. Investors typically determine if Select Medical is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Select Medical'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.