Select Other Operating Expenses vs Ebit Analysis

SEM Stock  USD 28.37  0.38  1.36%   
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 Other Operating Expenses and its Ebit 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.

Other Operating Expenses vs Ebit

Other Operating Expenses vs Ebit Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Select Medical Holdings Other Operating Expenses account and Ebit. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Select Medical's Other Operating Expenses and Ebit is 0.81. Overlapping area represents the amount of variation of Other Operating Expenses that can explain the historical movement of Ebit 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 Other Operating Expenses and Ebit 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 Select Medical Holdings are associated (or correlated) with its Ebit. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ebit has no effect on the direction of Other Operating Expenses i.e., Select Medical's Other Operating Expenses and Ebit go up and down completely randomly.

Correlation Coefficient

0.81
Relationship DirectionPositive 
Relationship StrengthStrong

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Select Medical Holdings. It is also known as Select Medical 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.

Ebit

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 1st 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
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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 Portfolio Dashboard module to portfolio dashboard that provides centralized access to all your investments.

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When running Select Medical's price analysis, check to measure Select Medical'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 Select Medical is operating at the current time. Most of Select Medical's value examination focuses on studying past and present price action to predict the probability of Select Medical's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Select Medical's price. Additionally, you may evaluate how the addition of Select Medical to your portfolios can decrease your overall portfolio volatility.
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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
0.668
Dividend Share
0.5
Earnings Share
1.91
Revenue Per Share
54.133
Quarterly Revenue Growth
0.049
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.