DaVita HealthCare Financials

DVA Stock  USD 138.05  1.20  0.88%   
Based on the measurements of operating efficiency obtained from DaVita HealthCare's historical financial statements, DaVita HealthCare Partners may be sliding down financialy. It has an above-average probability of going through some form of financial hardship next quarter. At present, DaVita HealthCare's Common Stock Shares Outstanding is projected to decrease significantly based on the last few years of reporting. The current year's Other Current Liabilities is expected to grow to about 1.7 B, whereas Total Assets are forecasted to decline to about 10.6 B. Key indicators impacting DaVita HealthCare's financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Net Profit Margin0.04710.057
Significantly Down
Pretty Stable
Return On Assets0.0350.0392
Fairly Down
Very volatile
Return On Equity0.690.6548
Notably Up
Slightly volatile
Debt Equity Ratio8.528.1138
Sufficiently Up
Slightly volatile
Operating Income998.6 M1.6 B
Way Down
Slightly volatile
Current Ratio2.191.1876
Way Up
Slightly volatile
The financial analysis of DaVita HealthCare is a critical element in measuring its lifeblood. The essential information of the day-to-day investment outlook for DaVita HealthCare includes many different criteria found on its balance sheet. For example, investors should never minimize DaVita HealthCare's ability to pay suppliers or employees on time, making sure interest payments are not accumulating or correctly timing where and how to re-invest extra cash. Any individual investor needs to monitor DaVita HealthCare's cash flow, debt, and profitability to effectively and accurately make more informed decisions on whether to invest in DaVita HealthCare.

Cash And Equivalents

415.93 Million

With this module, you can analyze DaVita financials for your investing period. You should be able to track the changes in DaVita HealthCare individual financial statements over time to develop the understanding of its risk, liquidity, profitability, or other critical and vital indicators.
  
Understanding current and past DaVita HealthCare Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of DaVita HealthCare's financial statements are interrelated, with each one affecting the others. For example, an increase in DaVita HealthCare's assets may result in an increase in income on the income statement.
Evaluating DaVita HealthCare's financials involves analyzing a range of financial metrics and ratios to gain insights into the company's financial health and performance. However, considering all of DaVita HealthCare's profitability, liquidity ratios, and efficiency indicators at the same time could be an enormous task, and our Financial Distress score can provide you with a snapshot of the DaVita HealthCare's relative financial performance

Chance Of Distress

Less than 9

 
100  
 
Zero
Low
DaVita HealthCare Partners has less than 9 (%) percent chance of experiencing financial distress in the next two years of operations. The calculation of odds of distress for DaVita HealthCare stock is tightly coupled with the Probability of Bankruptcy. It complements the equity performance score by supplying investors with insight into company financials without requiring them to know too much about all of the complex accounting and financial indicators surrounding the entity.
Please note, DaVita HealthCare's odds of distress score SHOULD NOT be confused with the real chance of DaVita HealthCare Partners filing for bankruptcy protection for chapters 7, 11, 12, or 13. We define Financial Distress as an operational condition where an entity such as DaVita is having difficulty meeting its current financial obligations towards its creditors or delivering on the expectations of its investors. Macroaxis derives these conditions daily from public financial statements and analysis of stock prices reacting to market conditions or economic downturns, including short-term and long-term historical volatility. Other factors considered include DaVita HealthCare's liquidity analysis, revenue patterns, R&D expenses, and commitments, as well as public headlines and social sentiment.
More Info
The data published in DaVita HealthCare's official financial statements usually reflect DaVita HealthCare's business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of DaVita HealthCare. For example, before you start analyzing numbers published by DaVita accountants, it's critical to develop an understanding of what DaVita HealthCare's liquidity, profitability, and earnings quality are in the context of the Health Care Providers & Services space in which it operates.
Please note, the presentation of DaVita HealthCare's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, DaVita HealthCare's management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in DaVita HealthCare's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of DaVita HealthCare Partners. Please utilize our Beneish M Score to check the likelihood of DaVita HealthCare's management manipulating its earnings.

DaVita HealthCare Company Summary

DaVita HealthCare competes with ModivCare, Enhabit, Regional Health, Oncology Institute, and Novo Integrated. DaVita Inc. provides kidney dialysis services for patients suffering from chronic kidney failure. DaVita Inc. was incorporated in 1994 and is headquartered in Denver, Colorado. Davita Healthcare operates under Medical Care Facilities classification in the United States and is traded on New York Stock Exchange. It employs 69000 people.
Specialization
Health Care, Health Care Equipment & Services
InstrumentUSA Stock View All
ExchangeNew York Stock Exchange
CIK Number0000927066
ISINUS23918K1088
CUSIP23918K108 89151A107
RegionNorth America
LocationColorado; U.S.A
Business Address2000 16th Street,
SectorHealth Care Providers & Services
IndustryHealth Care
BenchmarkNYSE Composite
Websitewww.davita.com
Phone720 631 2100
CurrencyUSD - US Dollar
You should never invest in DaVita HealthCare without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of DaVita Stock, because this is throwing your money away. Analyzing the key information contained in DaVita HealthCare's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.

DaVita HealthCare Key Financial Ratios

Generally speaking, DaVita HealthCare's financial ratios allow both analysts and investors to convert raw data from DaVita HealthCare's financial statements into concise, actionable information that can be used to evaluate the performance of DaVita HealthCare over time and compare it to other companies across industries. There are many critical financial ratios that investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that DaVita HealthCare reports annually and quarterly.

DaVita HealthCare Key Balance Sheet Accounts

201920202021202220232024 (projected)
Total Assets17.3B17.0B17.1B16.9B17.6B10.6B
Other Current Liab756.2M810.5M709.3M730.4M1.6B1.7B
Net Debt10.1B10.9B11.5B11.6B10.7B5.4B
Retained Earnings1.4B852.5M354.3M174.5M598.3M568.4M
Accounts Payable403.8M434.3M402.0M479.8M514.5M293.6M
Cash1.1B325.0M461.9M244.1M464.6M468.9M
Net Receivables2.3B2.4B2.4B2.6B2.4B1.5B
Inventory97.9M111.6M107.4M109.1M143.1M86.7M
Other Current Assets173.2M253.2M165.6M78.8M102.6M101.1M
Total Liab13.8B14.1B14.8B14.7B14.9B8.0B
Total Current Assets3.7B3.1B3.2B3.2B3.1B2.7B
Short Term Debt474.6M538.0M573.4M626.8M517.7M543.6M
Intangible Assets135.7M166.6M177.7M182.7M203.2M193.1M
Common Stock126K110K97K90K89K147.1K
Other Liab738.4M959.7M950.1M888.0M1.0B1.1B
Other Assets91.5M79.5M136.7M1K900.0855.0
Long Term Debt8.0B7.9B8.7B8.7B8.3B6.2B
Good Will6.8B6.9B7.0B7.1B7.1B6.3B
Net Tangible Assets(3.6B)(4.4B)(5.0B)(5.2B)(4.7B)(4.9B)

DaVita HealthCare Key Income Statement Accounts

An income statement is very similar to a cash flow statement, but instead of showing net revenue minus expenses, it only includes earnings before interest and taxes (EBIT). This number does not have all of the same line items that are on a cash flow statement, but it leaves out non-cash expenses like depreciation and amortization. For example, if you bought $100 worth of goods from Walmart (WMT) using your debit card that has an interest rate of 20%, then paid off the balance at the end of the month with a credit card that charges 30% interest, you would have an income statement showing EBIT of $80 because your expenses are lower than the amount that went into your pocket. The other reason investors look at the income statement is to determine what DaVita HealthCare's earnings per share (EPS) will be in order to see if they want to buy more shares or not. For example, if a company earned $20 million in the last quarter and has 100,000 shares outstanding, its EPS is 20 cents. If you find that this number beats analysts' forecasts or is higher than it was from the same period last year, then you might want to buy more of this stock even though its price per share may not have changed.
201920202021202220232024 (projected)
Interest Expense443.8M304.1M285.3M357.0M304.2M270.1M
Total Revenue11.4B11.6B11.6B11.6B12.1B7.1B
Gross Profit3.5B3.6B3.6B3.4B3.1B2.1B
Operating Income1.6B1.7B1.8B1.3B1.6B998.6M
Ebit1.6B1.7B1.8B1.3B1.6B1.0B
Ebitda2.4B2.4B2.5B2.1B2.3B1.4B
Cost Of Revenue7.9B8.0B8.0B8.2B9.1B5.0B
Income Before Tax1.2B1.3B1.5B966.3M1.2B731.9M
Net Income811.0M773.6M978.5M768.2M691.5M429.8M
Income Tax Expense279.6M313.9M306.7M198.1M220.1M222.0M
Minority Interest(210.3M)(221.0M)233.3M221.2M(265.4M)(252.2M)
Extraordinary Items105.5M(9.7M)0.013.5M15.5M16.2M
Tax Provision279.6M313.9M306.7M198.1M220.1M235.8M
Interest Income443.8M304.1M285.3M357.0M321.3M317.9M
Net Interest Income(477.2M)(304.1M)(285.3M)(357.0M)(398.6M)(418.5M)

DaVita HealthCare Key Cash Accounts

Cash flow analysis captures how much money flows into and out of DaVita HealthCare. It measures of how well DaVita is doing because it can show the actual money that comes into and out of the Company from sales instead of measuring expenses against revenue to determine earnings. You have to read the cash flow statement in three sections. The first section shows how much money DaVita HealthCare brought in, usually known as net revenue or sales. This is different from earnings because it does not include expenses when determining net revenue for use on this part of the cash flow statement. Next, are operating activities, which show how much money DaVita had leftover after paying for its expenses. This number can be calculated in two ways: by subtracting the total of all operating expenses from net revenue or by adding up changes to cash and other assets or liabilities on this part of the statement. The third section is about investing activities, which shows what DaVita HealthCare has done with the money that it received from the sale of assets or what it spent to acquire new ones. This section can be broken down into two parts: investing in existing businesses (in other words, buying more stock) and investing in non-business activities like paying off debt or making acquisitions.
201920202021202220232024 (projected)
Change To Inventory10.2M(12.3M)5.7M(757K)(32.1M)(30.5M)
Change In Cash793.3M(706.9M)53.2M(216.0M)125.6M131.9M
Free Cash Flow1.3B1.3B1.3B961.1M1.5B1.6B
Depreciation615.2M630.4M680.6M732.6M745.4M782.7M
Other Non Cash Items239.5M125.8M16.4M30.5M359.4M377.4M
Dividends Paid11.4M253.1M244.0M267.9M308.1M160.2M
Capital Expenditures766.5M674.5M641.5M603.4M568.0M421.6M
Net Income1.0B994.7M1.2B781.6M691.5M478.4M
End Period Cash Flow1.2B501.8M555.0M339.0M464.6M474.0M
Change To Netincome292.6M346.9M179.1M50.2M57.8M54.9M
Investments(14.6M)(19.0M)(14.7M)(83.6M)(816.8M)(775.9M)
Change Receivables(77.2M)(100.4M)(9.5M)(120.9M)(108.8M)(114.2M)
Net Borrowings(2.1B)(63.5M)754.3M(11.3M)(10.2M)(9.6M)

DaVita Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining DaVita HealthCare's current stock value. Our valuation model uses many indicators to compare DaVita HealthCare value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across DaVita HealthCare competition to find correlations between indicators driving DaVita HealthCare's intrinsic value. More Info.
DaVita HealthCare Partners is rated # 2 in retained earnings category among related companies. It is rated # 2 in short ratio category among related companies . The ratio of Retained Earnings to Short Ratio for DaVita HealthCare Partners is about  186,965,000 . At present, DaVita HealthCare's Retained Earnings are projected to decrease significantly based on the last few years of reporting.. Comparative valuation analysis is a catch-all model that can be used if you cannot value DaVita HealthCare by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for DaVita HealthCare's Stock . Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the DaVita HealthCare's earnings, one of the primary drivers of an investment's value.

DaVita HealthCare Systematic Risk

DaVita HealthCare's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. DaVita HealthCare volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Beta measures systematic risk based on how returns on DaVita HealthCare correlated with the market. If Beta is less than 0 DaVita HealthCare generally moves in the opposite direction as compared to the market. If DaVita HealthCare Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one DaVita HealthCare is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of DaVita HealthCare is generally in the same direction as the market. If Beta > 1 DaVita HealthCare moves generally in the same direction as, but more than the movement of the benchmark.

About DaVita HealthCare Financials

What exactly are DaVita HealthCare Financials? Typically, a company's financial statements are the reports that show the financial position of the company. Three primary documents fall into the category of financial statements. These documents include DaVita HealthCare's income statement, its balance sheet, and the statement of cash flows. Potential DaVita HealthCare investors and stakeholders use financial statements to determine how well the company is positioned to perform in the future. Although DaVita HealthCare investors may use each financial statement separately, they are all related. The changes in DaVita HealthCare's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on DaVita HealthCare'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. Please read more on our technical analysis and fundamental analysis pages.

Steps to analyze DaVita HealthCare Financials for Investing

There are several different ways that investors can use financial statements to try and predict whether a stock price will go up or down. Unfortunately, there is no surefire formula, but there are some general guidelines you should consider when looking at the numbers. First, realize what kind of company it is so you know if its revenues are more likely to grow or shrink over time. For example, a software company's revenue is expected to increase yearly due to new products and services that its customers will want to buy. At the same time, a car manufacturer might not be able to sell as many cars when the economy slows down, so it would have less net income during those times. Second, pay attention to its debt-to-equity ratio because this number will tell you how much risk it has. If a company such as DaVita HealthCare is not taking on any additional risks, its debt-to-equity should be less than one. As a general rule of thumb, if the market value or book value (which can be found in the footnotes) of assets exceeds the company's liabilities, then it is probably in good shape. Finally, use other financial statements to determine if a stock price will go up or down because investors are always looking for growth opportunities when they buy new stocks. For example, if you see that the net revenue of DaVita has grown by more than 25% over the last five years, then there is a good chance that it will continue growing by at least 20% or more each year. On the other hand, if you see that net revenue has only increased by about 15%, which is barely above inflation levels, then chances are it will not grow much faster than this over time, and investors may shy away from buying it.
In summary, you can determine if DaVita HealthCare's financials are consistent with your investment objective using the following steps:
  • Review DaVita HealthCare's balance sheet accounts, such as liabilities and equity, to understand its overall financial position.
  • Analyze the income statement and examine the company's revenue, expenses, and profits over time to determine its financial performance.
  • Study the cash flow inflows and outflows to understand DaVita HealthCare's liquidity and solvency.
  • Look at the growth rates in revenue, earnings, and cash flow over time to determine its potential for future growth.
  • Compare DaVita HealthCare's financials to those of its peers to see how it stacks up and identify any potential red flags.
  • Use valuation ratios to evaluate the company's financials using commonly used ratios such as the price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and enterprise value-to-earnings before interest, taxes, depreciation, and amortization (EV/EBITDA) ratio to determine if DaVita HealthCare's stock is overvalued or undervalued.
Remember, these are just guidelines and should not be the only basis for investment decisions. It is always important to analyze the leading stock market indicators., conduct additional research and seek professional advice if needed.

DaVita HealthCare Thematic Clasifications

DaVita HealthCare Partners is part of several thematic ideas from Healthcare to Warren Buffett Holdings. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. Get More Thematic Ideas
Today, most investors in DaVita HealthCare Stock are looking for potential investment opportunities by analyzing not only static indicators but also various DaVita HealthCare's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of DaVita HealthCare growth as a starting point in their analysis.

Price Earnings To Growth Ratio

(1.69)

At present, DaVita HealthCare's Price Earnings To Growth Ratio is projected to slightly decrease based on the last few years of reporting.

DaVita HealthCare March 29, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of DaVita HealthCare help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of DaVita HealthCare Partners. We use our internally-developed statistical techniques to arrive at the intrinsic value of DaVita HealthCare Partners based on widely used predictive technical indicators. In general, we focus on analyzing DaVita Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build DaVita HealthCare's daily price indicators and compare them against related drivers.
When determining whether DaVita HealthCare offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of DaVita HealthCare'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 Davita Healthcare Partners Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Davita Healthcare Partners Stock:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in DaVita HealthCare Partners. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in real.
You can also try the Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.

Complementary Tools for DaVita Stock analysis

When running DaVita HealthCare's price analysis, check to measure DaVita HealthCare'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 DaVita HealthCare is operating at the current time. Most of DaVita HealthCare's value examination focuses on studying past and present price action to predict the probability of DaVita HealthCare's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move DaVita HealthCare's price. Additionally, you may evaluate how the addition of DaVita HealthCare to your portfolios can decrease your overall portfolio volatility.
Balance Of Power
Check stock momentum by analyzing Balance Of Power indicator and other technical ratios
Companies Directory
Evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals
ETF Categories
List of ETF categories grouped based on various criteria, such as the investment strategy or type of investments
Equity Search
Search for actively traded equities including funds and ETFs from over 30 global markets
Equity Valuation
Check real value of public entities based on technical and fundamental data
Fundamental Analysis
View fundamental data based on most recent published financial statements
Financial Widgets
Easily integrated Macroaxis content with over 30 different plug-and-play financial widgets
Stock Screener
Find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook.
AI Portfolio Architect
Use AI to generate optimal portfolios and find profitable investment opportunities
Equity Analysis
Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities
Crypto Correlations
Use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins
Premium Stories
Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope
Is DaVita HealthCare'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 DaVita HealthCare. If investors know DaVita 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 DaVita HealthCare 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
1.2
Earnings Share
7.42
Revenue Per Share
133.717
Quarterly Revenue Growth
0.078
Return On Assets
0.0592
The market value of DaVita HealthCare is measured differently than its book value, which is the value of DaVita that is recorded on the company's balance sheet. Investors also form their own opinion of DaVita HealthCare's value that differs from its market value or its book value, called intrinsic value, which is DaVita HealthCare'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 DaVita HealthCare's market value can be influenced by many factors that don't directly affect DaVita HealthCare'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 DaVita HealthCare's value and its price as these two are different measures arrived at by different means. Investors typically determine if DaVita HealthCare is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, DaVita HealthCare'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.