Health Operating Income vs Consolidated Income Analysis

HAAC
 Stock
  

USD 9.94  0.01  0.10%   

Health Assurance financial indicator trend analysis is much more than just examining Health Assurance Acq latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Health Assurance Acq is a good investment. Please check the relationship between Health Assurance Operating Income and its Consolidated Income accounts. Please check Risk vs Return Analysis.

Operating Income vs Consolidated Income

Operating Income vs Consolidated Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Health Assurance Acq Operating Income account and Consolidated Income. At this time, the significance of the direction appears to have pay attention.
The correlation between Health Assurance's Operating Income and Consolidated Income is -1.0. Overlapping area represents the amount of variation of Operating Income that can explain the historical movement of Consolidated Income in the same time period over historical financial statements of Health Assurance Acquisition, assuming nothing else is changed. The correlation between historical values of Health Assurance's Operating Income and Consolidated Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Operating Income of Health Assurance Acquisition are associated (or correlated) with its Consolidated Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Consolidated Income has no effect on the direction of Operating Income i.e., Health Assurance's Operating Income and Consolidated Income go up and down completely randomly.

Correlation Coefficient

-1.0
Relationship DirectionNegative 
Relationship StrengthStrong

Operating Income

Operating Income is the amount of profit realized from Health Assurance Acq operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Health Assurance Acquisition is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Operating income is a measure of financial performance before the deduction of Interest Expense; Income Tax Expense and other Non-Operating items. It is calculated as [GP] minus Operating Expenses.

Consolidated Income

The portion of profit or loss for the period; net of income taxes; which is attributable to the consolidated entity; before the deduction of Net Income Available to Non-controlling Interests.
Most indicators from Health Assurance fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Health Assurance Acq 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. Please check Risk vs Return Analysis.Health Assurance Enterprise Value over EBIT is projected to increase significantly based on the last few years of reporting. The past year's Enterprise Value over EBIT was at 12.00. The current year Enterprise Value over EBITDA is expected to grow to 12.43, whereas Selling General and Administrative Expense is forecasted to decline to about 6.2 M.

Health Assurance fundamental ratios Correlations

Health Assurance Account Relationship Matchups

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Please check Risk vs Return Analysis. Note that the Health Assurance Acq information on this page should be used as a complementary analysis to other Health Assurance'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 Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.

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When running Health Assurance Acq price analysis, check to measure Health Assurance'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 Health Assurance is operating at the current time. Most of Health Assurance's value examination focuses on studying past and present price action to predict the probability of Health Assurance's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Health Assurance's price. Additionally, you may evaluate how the addition of Health Assurance to your portfolios can decrease your overall portfolio volatility.
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Is Health Assurance'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 Health Assurance. If investors know Health 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 Health Assurance listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Market Capitalization
547.9 M
Return On Assets
-0.0077
The market value of Health Assurance Acq is measured differently than its book value, which is the value of Health that is recorded on the company's balance sheet. Investors also form their own opinion of Health Assurance's value that differs from its market value or its book value, called intrinsic value, which is Health Assurance'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 Health Assurance's market value can be influenced by many factors that don't directly affect Health Assurance'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 Health Assurance's value and its price as these two are different measures arrived at by different means. Investors typically determine Health Assurance value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Health Assurance'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.