Community Health Systems Stock Net Asset
| CYH Stock | USD 3.29 0.13 3.80% |
Community Health Systems fundamentals help investors to digest information that contributes to Community Health's financial success or failures. It also enables traders to predict the movement of Community Stock. The fundamental analysis module provides a way to measure Community Health's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Community Health stock.
Community | Net Asset |
Community Health Systems Company Net Asset Analysis
Community Health's Net Asset is the current market value of a fund less its liabilities. In a nutshell, if the fund is liquidated or all of the assets is sold out, the net asset will be the amount that the shareholders would demand back from the fund.
Current Community Health Net Asset | 14.46 B |
Most of Community Health's fundamental indicators, such as Net Asset, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Community Health Systems is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Community Net Asset Driver Correlations
Understanding the fundamental principles of building solid financial models for Community Health is extremely important. It helps to project a fair market value of Community Stock properly, considering its historical fundamentals such as Net Asset. Since Community Health's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Community Health's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Community Health's interrelated accounts and indicators.
Click cells to compare fundamentals
Net Asset is the value used in calculating NAV of a fund. NAV (or Net Asset Value) is computed once a day based on the formula that uses closing prices of all positions in the fund's portfolio.
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Community Total Assets
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Based on the recorded statements, Community Health Systems has a Net Asset of 14.46 B. This is much higher than that of the Health Care Providers & Services sector and significantly higher than that of the Health Care industry. The net asset for all United States stocks is notably lower than that of the firm.
Community Net Asset Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Community Health's direct or indirect competition against its Net Asset to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Community Health could also be used in its relative valuation, which is a method of valuing Community Health by comparing valuation metrics of similar companies.Community Health is currently under evaluation in net asset category among related companies.
Community Health Current Valuation Drivers
We derive many important indicators used in calculating different scores of Community Health from analyzing Community Health's financial statements. These drivers represent accounts that assess Community Health's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Community Health's important valuation drivers and their relationship over time.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Market Cap | 329.8M | 858.1M | 1.7B | 556.5M | 408.3M | 387.9M | |
| Enterprise Value | 14.1B | 12.1B | 14.0B | 12.8B | 12.5B | 7.2B |
Community Health Institutional Holders
Institutional Holdings refers to the ownership stake in Community Health that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Community Health's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Community Health's value.| Shares | Whitebox Advisors, Llc | 2023-12-31 | 2.1 M | Two Sigma Advisers, Llc | 2023-12-31 | 2.1 M | Two Sigma Investments Llc | 2023-12-31 | 1.9 M | Aqr Capital Management Llc | 2023-12-31 | 1.7 M | Arnhold & S. Bleichroeder Advisers, Llc | 2023-12-31 | 1.6 M | Dimensional Fund Advisors, Inc. | 2023-12-31 | 1.6 M | Federated Hermes Inc | 2023-12-31 | 1.5 M | Susquehanna International Group, Llp | 2023-12-31 | 1.3 M | Northern Trust Corp | 2023-12-31 | 1.3 M | Blackrock Inc | 2023-12-31 | 9.8 M | Vanguard Group Inc | 2023-12-31 | 8.1 M |
Community Fundamentals
| Return On Asset | 0.04 | ||||
| Profit Margin | (0.01) % | ||||
| Operating Margin | 0.08 % | ||||
| Current Valuation | 13.18 B | ||||
| Shares Outstanding | 138.97 M | ||||
| Shares Owned By Insiders | 8.10 % | ||||
| Shares Owned By Institutions | 71.59 % | ||||
| Number Of Shares Shorted | 6.5 M | ||||
| Price To Earning | 1.49 X | ||||
| Price To Sales | 0.03 X | ||||
| Revenue | 12.49 B | ||||
| Gross Profit | 4.91 B | ||||
| EBITDA | 1.39 B | ||||
| Net Income | 16 M | ||||
| Cash And Equivalents | 118 M | ||||
| Cash Per Share | 2.32 X | ||||
| Total Debt | 12.17 B | ||||
| Debt To Equity | 759.80 % | ||||
| Current Ratio | 1.37 X | ||||
| Book Value Per Share | (10.79) X | ||||
| Cash Flow From Operations | 210 M | ||||
| Short Ratio | 2.93 X | ||||
| Earnings Per Share | (0.94) X | ||||
| Price To Earnings To Growth | (1.64) X | ||||
| Target Price | 4.35 | ||||
| Number Of Employees | 48 K | ||||
| Beta | 1.55 | ||||
| Market Capitalization | 475.26 M | ||||
| Total Asset | 14.46 B | ||||
| Retained Earnings | (3.56 B) | ||||
| Working Capital | 1.07 B | ||||
| Current Asset | 647.73 M | ||||
| Current Liabilities | 318.43 M | ||||
| Net Asset | 14.46 B |
About Community Health Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Community Health Systems's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Community Health using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Community Health Systems based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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
| 0.68 | RCM | R1 RCM Inc | PairCorr |
| 0.44 | GDRX | Goodrx HoldingsInc Financial Report 8th of May 2024 | PairCorr |
| 0.43 | HQY | HealthEquity Potential Growth | PairCorr |
| 0.43 | HIMS | Hims Hers Health Financial Report 13th 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.Check out Community Health Piotroski F Score and Community Health Altman Z Score analysis. You can also try the Bollinger Bands module to use Bollinger Bands indicator to analyze target price for a given investing horizon.
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.
| Bollinger Bands Use Bollinger Bands indicator to analyze target price for a given investing horizon | |
| Correlation Analysis Reduce portfolio risk simply by holding instruments which are not perfectly correlated | |
| Volatility Analysis Get historical volatility and risk analysis based on latest market data | |
| Equity Forecasting Use basic forecasting models to generate price predictions and determine price momentum | |
| Positions Ratings Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Content Syndication Quickly integrate customizable finance content to your own investment portal | |
| Efficient Frontier Plot and analyze your portfolio and positions against risk-return landscape of the market. | |
| Money Flow Index Determine momentum by analyzing Money Flow Index and other technical indicators |
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.