Molina Interest Expense vs Gross Profit Analysis
MOH Stock | USD 342.23 10.07 2.86% |
Molina Healthcare financial indicator trend analysis is infinitely more than just investigating Molina Healthcare recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Molina Healthcare is a good investment. Please check the relationship between Molina Healthcare Interest Expense and its Gross Profit accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Molina Healthcare. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in persons. For more detail on how to invest in Molina Stock please use our How to Invest in Molina Healthcare guide.
Interest Expense vs Gross Profit
Interest Expense vs Gross Profit Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Molina Healthcare Interest Expense account and Gross Profit. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Molina Healthcare's Interest Expense and Gross Profit is 0.83. Overlapping area represents the amount of variation of Interest Expense that can explain the historical movement of Gross Profit in the same time period over historical financial statements of Molina Healthcare, assuming nothing else is changed. The correlation between historical values of Molina Healthcare's Interest Expense and Gross Profit is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Interest Expense of Molina Healthcare are associated (or correlated) with its Gross Profit. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Gross Profit has no effect on the direction of Interest Expense i.e., Molina Healthcare's Interest Expense and Gross Profit go up and down completely randomly.
Correlation Coefficient | 0.83 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Interest Expense
The cost incurred by an entity for borrowed funds, including loans, bonds, or lines of credit.Gross Profit
Gross profit is a required income statement account that reflects total revenue of Molina Healthcare minus its cost of goods sold. It is profit before Molina Healthcare operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.Most indicators from Molina Healthcare's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Molina Healthcare 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. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Molina Healthcare. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in persons. For more detail on how to invest in Molina Stock please use our How to Invest in Molina Healthcare guide.As of now, Molina Healthcare's Selling General Administrative is increasing as compared to previous years. The Molina Healthcare's current Sales General And Administrative To Revenue is estimated to increase to 0.1, while Tax Provision is projected to decrease to under 233.1 M.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 3.3B | 3.9B | 4.3B | 4.6B | Total Revenue | 27.8B | 32.0B | 34.1B | 35.8B |
Molina Healthcare fundamental ratios Correlations
Click cells to compare fundamentals
Molina Healthcare Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Molina Healthcare fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 6.8B | 9.5B | 12.2B | 12.3B | 14.9B | 15.6B | |
Short Long Term Debt Total | 1.5B | 2.4B | 2.4B | 2.4B | 2.4B | 2.5B | |
Other Current Liab | 2.5B | 1.3B | 5.8B | 5.6B | 6.5B | 6.8B | |
Total Current Liabilities | 3.3B | 5.0B | 7.0B | 6.9B | 8.2B | 8.6B | |
Total Stockholder Equity | 2.0B | 2.1B | 2.6B | 3.0B | 4.2B | 4.4B | |
Net Debt | (966M) | (1.8B) | (2.0B) | (1.6B) | (2.5B) | (2.3B) | |
Cash | 2.5B | 4.2B | 4.4B | 4.0B | 4.8B | 5.1B | |
Other Assets | 198M | 324M | 497M | 581M | 668.2M | 701.6M | |
Cash And Short Term Investments | 4.4B | 6.0B | 7.6B | 7.5B | 9.1B | 9.6B | |
Common Stock Shares Outstanding | 64.2M | 59.9M | 58.6M | 58.5M | 58.1M | 51.5M | |
Liabilities And Stockholders Equity | 6.8B | 9.5B | 12.2B | 12.3B | 14.9B | 15.6B | |
Other Stockholder Equity | 175M | 199M | 236M | 328M | 410M | 341.2M | |
Total Liab | 4.8B | 7.4B | 9.6B | 9.4B | 10.7B | 11.2B | |
Total Current Assets | 6.0B | 7.9B | 10.1B | 10.1B | 12.5B | 13.2B | |
Short Term Debt | 18M | 2.7B | 35M | 41M | 20M | 19M | |
Other Liab | 42M | 77M | 140M | 27M | 31.1M | 29.5M | |
Retained Earnings | 1.8B | 1.9B | 2.4B | 2.8B | 3.9B | 4.1B | |
Accounts Payable | 455M | 641M | 842M | 889M | 1.3B | 1.3B | |
Long Term Debt | 1.2B | 2.1B | 2.2B | 2.2B | 2.2B | 2.3B | |
Non Current Liabilities Total | 1.6B | 2.5B | 2.5B | 2.5B | 2.5B | 2.6B | |
Other Current Assets | 2.1B | 2.1B | 3.4B | 277M | 331M | 521.9M | |
Intangible Assets | 29M | 249M | 270M | 275M | 208M | 120.3M | |
Property Plant Equipment | 380M | 372M | 396M | 259M | 297.9M | 215.8M | |
Property Plant And Equipment Net | 385M | 391M | 396M | 259M | 270M | 230.1M | |
Non Current Assets Total | 820M | 1.7B | 2.1B | 2.2B | 2.4B | 2.5B | |
Non Currrent Assets Other | 105M | 119M | 179M | 81M | 98M | 107.1M | |
Short Term Investments | 1.9B | 1.9B | 3.2B | 3.5B | 4.3B | 4.5B | |
Property Plant And Equipment Gross | 385M | 391M | 1.0B | 954M | 999M | 1.0B | |
Net Receivables | 1.4B | 1.7B | 2.2B | 2.3B | 3.1B | 3.3B | |
Accumulated Other Comprehensive Income | (8M) | 4M | 37M | (160M) | (82M) | (77.9M) | |
Current Deferred Revenue | 249M | 375M | 370M | 359M | 418M | 438.9M | |
Net Tangible Assets | 1.8B | 1.2B | 1.4B | 1.6B | 1.8B | 1.1B | |
Retained Earnings Total Equity | 1.8B | 1.9B | 2.4B | 2.8B | 3.2B | 3.4B | |
Long Term Debt Total | 1.2B | 2.1B | 2.4B | 2.4B | 2.7B | 2.9B | |
Capital Surpluse | 175M | 199M | 236M | 328M | 295.2M | 370.5M |
Molina Healthcare Investors Sentiment
The influence of Molina Healthcare's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Molina. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Molina Healthcare's public news can be used to forecast risks associated with an investment in Molina. The trend in average sentiment can be used to explain how an investor holding Molina can time the market purely based on public headlines and social activities around Molina Healthcare. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Molina Healthcare's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Molina Healthcare's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Molina Healthcare's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Molina Healthcare.
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 Molina Healthcare 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, Molina Healthcare's short interest history, or implied volatility extrapolated from Molina Healthcare options trading.
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Try AI Portfolio ArchitectCheck out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Molina Healthcare. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in persons. For more detail on how to invest in Molina Stock please use our How to Invest in Molina Healthcare guide.You can also try the Earnings Calls module to check upcoming earnings announcements updated hourly across public exchanges.
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Is Molina 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 Molina Healthcare. If investors know Molina 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 Molina 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 2.842 | Earnings Share 18.77 | Revenue Per Share 571.976 | Quarterly Revenue Growth 0.063 | Return On Assets 0.0743 |
The market value of Molina Healthcare is measured differently than its book value, which is the value of Molina that is recorded on the company's balance sheet. Investors also form their own opinion of Molina Healthcare's value that differs from its market value or its book value, called intrinsic value, which is Molina 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 Molina Healthcare's market value can be influenced by many factors that don't directly affect Molina 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 Molina Healthcare's value and its price as these two are different measures arrived at by different means. Investors typically determine if Molina Healthcare is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Molina 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.