Ehealth Stock Total Asset
| EHTH Stock | USD 4.61 0.27 6.22% |
eHealth fundamentals help investors to digest information that contributes to EHealth's financial success or failures. It also enables traders to predict the movement of EHealth Stock. The fundamental analysis module provides a way to measure EHealth'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 EHealth stock.
| Last Reported | Projected for Next Year | ||
| Total Assets | 1.3 B | 1.4 B | |
| Intangibles To Total Assets | 0.48 | 0.50 |
EHealth | Total Asset |
eHealth Company Total Asset Analysis
EHealth's Total Asset is everything that a business owns. It is the sum of current and long-term assets owned by a firm at a given time. These assets are listed on a balance sheet and typically valued based on their purchasing prices, not the current market value.
Current EHealth Total Asset | 1.32 B |
Most of EHealth's fundamental indicators, such as Total 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, eHealth is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
EHealth Total Asset Driver Correlations
Understanding the fundamental principles of building solid financial models for EHealth is extremely important. It helps to project a fair market value of EHealth Stock properly, considering its historical fundamentals such as Total Asset. Since EHealth'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 EHealth'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 EHealth's interrelated accounts and indicators.
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EHealth Total Asset Historical Pattern
Today, most investors in EHealth Stock are looking for potential investment opportunities by analyzing not only static indicators but also various EHealth's growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's total asset growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of EHealth total asset as a starting point in their analysis.
EHealth Total Asset |
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Total Asset is typically divided on the balance sheet on current asset and long-term asset. Long-term is the value of company property and other capital assets that are expected to be useable for more than one year. Long term assets are reported net of depreciation. On the other hand current assets are assets that are expected to be sold or converted to cash as part of normal business operation.
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EHealth Total Assets
Total Assets |
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Based on the latest financial disclosure, eHealth has a Total Asset of 1.32 B. This is 99.46% lower than that of the Insurance sector and 87.6% lower than that of the Financials industry. The total asset for all United States stocks is 95.53% higher than that of the company.
EHealth Total Asset Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses EHealth's direct or indirect competition against its Total Asset to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of EHealth could also be used in its relative valuation, which is a method of valuing EHealth by comparing valuation metrics of similar companies.EHealth is currently under evaluation in total asset category among related companies.
EHealth Institutional Holders
Institutional Holdings refers to the ownership stake in EHealth that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of EHealth'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 EHealth's value.| Shares | G2 Investment Partners Management Llc | 2023-12-31 | 442.6 K | Dsc Advisors Lp | 2023-09-30 | 410 K | Millennium Management Llc | 2023-12-31 | 381.7 K | Assenagon Asset Management Sa | 2023-12-31 | 381.3 K | Northern Trust Corp | 2023-12-31 | 250 K | Two Sigma Advisers, Llc | 2023-12-31 | 215.5 K | Soros Fund Management Llc | 2023-12-31 | 205 K | Bank Of New York Mellon Corp | 2023-12-31 | 166.7 K | Morgan Stanley - Brokerage Accounts | 2023-12-31 | 156 K | Palo Alto Investors, Llc | 2023-12-31 | 2.7 M | Blackrock Inc | 2023-12-31 | 2.7 M |
EHealth Fundamentals
| Return On Equity | -0.031 | ||||
| Return On Asset | -0.0163 | ||||
| Profit Margin | (0.06) % | ||||
| Operating Margin | 0.24 % | ||||
| Current Valuation | 412.96 M | ||||
| Shares Outstanding | 28.94 M | ||||
| Shares Owned By Insiders | 5.77 % | ||||
| Shares Owned By Institutions | 76.54 % | ||||
| Number Of Shares Shorted | 1.11 M | ||||
| Price To Earning | 2.54 X | ||||
| Price To Book | 0.23 X | ||||
| Price To Sales | 0.31 X | ||||
| Revenue | 452.87 M | ||||
| Gross Profit | 403.71 M | ||||
| EBITDA | (9.16 M) | ||||
| Net Income | (28.21 M) | ||||
| Cash And Equivalents | 164.75 M | ||||
| Cash Per Share | 6.01 X | ||||
| Total Debt | 103.16 M | ||||
| Debt To Equity | 0.12 % | ||||
| Current Ratio | 10.36 X | ||||
| Book Value Per Share | 21.17 X | ||||
| Cash Flow From Operations | (6.69 M) | ||||
| Short Ratio | 5.18 X | ||||
| Earnings Per Share | (2.37) X | ||||
| Price To Earnings To Growth | 0.72 X | ||||
| Target Price | 8.33 | ||||
| Number Of Employees | 1.9 K | ||||
| Beta | 0.4 | ||||
| Market Capitalization | 133.41 M | ||||
| Total Asset | 1.32 B | ||||
| Retained Earnings | 7.28 M | ||||
| Working Capital | 303.81 M | ||||
| Current Asset | 77.54 M | ||||
| Current Liabilities | 31.94 M | ||||
| Net Asset | 1.32 B |
About EHealth Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze eHealth's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of EHealth using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of eHealth 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.
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 EHealth 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, EHealth's short interest history, or implied volatility extrapolated from EHealth options trading.
Pair Trading with EHealth
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 EHealth 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 EHealth will appreciate offsetting losses from the drop in the long position's value.Moving together with EHealth Stock
| 0.68 | FANH | Fanhua Inc | PairCorr |
Moving against EHealth Stock
| 0.6 | DIST | Distoken Acquisition | PairCorr |
| 0.55 | C | Citigroup Financial Report 12th of July 2024 | PairCorr |
| 0.44 | BRP | Brp Group Financial Report 14th of May 2024 | PairCorr |
| 0.43 | ERIE | Erie Indemnity Earnings Call This Week | PairCorr |
The ability to find closely correlated positions to EHealth could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace EHealth 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 EHealth - 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 eHealth to buy it.
The correlation of EHealth 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 EHealth moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if eHealth 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 EHealth 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 EHealth Piotroski F Score and EHealth Altman Z Score analysis. For more detail on how to invest in EHealth Stock please use our How to Invest in EHealth guide.You can also try the Sign In To Macroaxis module to sign in to explore Macroaxis' wealth optimization platform and fintech modules.
Complementary Tools for EHealth Stock analysis
When running EHealth's price analysis, check to measure EHealth'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 EHealth is operating at the current time. Most of EHealth's value examination focuses on studying past and present price action to predict the probability of EHealth's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move EHealth's price. Additionally, you may evaluate how the addition of EHealth to your portfolios can decrease your overall portfolio volatility.
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Is EHealth'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 EHealth. If investors know EHealth 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 EHealth 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 2.108 | Earnings Share (2.37) | Revenue Per Share 16.165 | Quarterly Revenue Growth 0.262 | Return On Assets (0.02) |
The market value of eHealth is measured differently than its book value, which is the value of EHealth that is recorded on the company's balance sheet. Investors also form their own opinion of EHealth's value that differs from its market value or its book value, called intrinsic value, which is EHealth'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 EHealth's market value can be influenced by many factors that don't directly affect EHealth'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 EHealth's value and its price as these two are different measures arrived at by different means. Investors typically determine if EHealth is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, EHealth'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.