Community Other Current Liab from 2010 to 2024

CYH Stock  USD 3.42  0.13  3.95%   
Community Health's Other Current Liabilities is increasing with stable movements from year to year. Other Current Liabilities is predicted to flatten to about 727.8 M. For the period between 2010 and 2024, Community Health, Other Current Liabilities quarterly trend regression had mean deviation of  501,155,531 and range of 2.1 B. View All Fundamentals
 
Other Current Liabilities  
First Reported
2000-03-31
Previous Quarter
1.1 B
Current Value
B
Quarterly Volatility
667.3 M
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Community Health financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Community main balance sheet or income statement drivers, such as Depreciation And Amortization of 581.3 M, Interest Expense of 623.8 M or Selling General Administrative of 303.1 M, as well as many exotic indicators such as Price To Sales Ratio of 0.0311, Dividend Yield of 0.0078 or Days Sales Outstanding of 71.02. Community financial statements analysis is a perfect complement when working with Community Health Valuation or Volatility modules.
  
This module can also supplement Community Health's financial leverage analysis and stock options assessment as well as various Community Health Technical models . Check out the analysis of Community Health Correlation against competitors.

Latest Community Health's Other Current Liab Growth Pattern

Below is the plot of the Other Current Liab of Community Health Systems over the last few years. It is Community Health's Other Current Liabilities historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Community Health's overall financial position and show how it may be relating to other accounts over time.
Other Current Liab10 Years Trend
Pretty Stable
   Other Current Liab   
       Timeline  

Community Other Current Liab Regression Statistics

Arithmetic Mean1,016,857,391
Geometric Mean597,642,350
Coefficient Of Variation60.97
Mean Deviation501,155,531
Median1,227,395,000
Standard Deviation619,934,974
Sample Variance384319.4T
Range2.1B
R-Value0.28
Mean Square Error381981T
R-Squared0.08
Significance0.32
Slope38,485,511
Total Sum of Squares5380471.2T

Community Other Current Liab History

2024727.8 M
2023B
20221.2 B
20201.8 B
20191.3 B
20181.3 B
20171.4 B

About Community Health Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Community Health income statement, its balance sheet, and the statement of cash flows. Community Health investors use historical funamental indicators, such as Community Health's Other Current Liab, to determine how well the company is positioned to perform in the future. Although Community Health investors may use each financial statement separately, they are all related. The changes in Community Health's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Community Health's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Community Health Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Community Health. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Other Current LiabilitiesB727.8 M

Pair Trading with Community Health

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Community Health position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Community Health will appreciate offsetting losses from the drop in the long position's value.

Moving against Community Stock

  0.64RCM R1 RCM IncPairCorr
  0.55HQY HealthEquity Potential GrowthPairCorr
  0.43GDRX Goodrx HoldingsInc Financial Report 8th of May 2024 PairCorr
The ability to find closely correlated positions to Community Health could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Community Health when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Community Health - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Community Health Systems to buy it.
The correlation of Community Health is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Community Health moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Community Health Systems moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Community Health can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Community Health Systems offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Community 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 Community Health Systems Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Community Health Systems Stock:
Check out the analysis of Community Health Correlation against competitors.
You can also try the Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.

Complementary Tools for Community Stock analysis

When running Community Health's price analysis, check to measure Community 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 Community Health is operating at the current time. Most of Community Health's value examination focuses on studying past and present price action to predict the probability of Community 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 Community Health's price. Additionally, you may evaluate how the addition of Community Health to your portfolios can decrease your overall portfolio volatility.
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Is Community 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 Community Health. If investors know Community 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 Community 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
(0.89)
Earnings Share
(0.94)
Revenue Per Share
95.704
Quarterly Revenue Growth
0.01
Return On Assets
0.04
The market value of Community Health Systems is measured differently than its book value, which is the value of Community that is recorded on the company's balance sheet. Investors also form their own opinion of Community Health's value that differs from its market value or its book value, called intrinsic value, which is Community 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 Community Health's market value can be influenced by many factors that don't directly affect Community 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 Community Health's value and its price as these two are different measures arrived at by different means. Investors typically determine if Community Health is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Community 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.