Amedisys Income Statement Research

AMED Stock  USD 91.05  0.11  0.12%   
Most accounts from Amedisys' income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Amedisys current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Amedisys Valuation and Amedisys Correlation analysis.
For information on how to trade Amedisys Stock refer to our How to Trade Amedisys Stock guide.
  
At present, Amedisys' Selling General Administrative is projected to increase significantly based on the last few years of reporting. The current year's Total Revenue is expected to grow to about 2.3 B, whereas Gross Profit is forecasted to decline to about 447.4 M.
Most accounts from Amedisys' income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Amedisys current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Amedisys Valuation and Amedisys Correlation analysis.
For information on how to trade Amedisys Stock refer to our How to Trade Amedisys Stock guide.At present, Amedisys' Selling General Administrative is projected to increase significantly based on the last few years of reporting. The current year's Total Revenue is expected to grow to about 2.3 B, whereas Gross Profit is forecasted to decline to about 447.4 M.
 2021 2022 2023 2024 (projected)
Gross Profit980.8M962.8M457.1M447.4M
Total Revenue2.2B2.2B2.2B2.3B

Amedisys income statement Correlations

0.20.550.610.850.60.260.250.370.360.610.180.370.150.32-0.44-0.020.26-0.010.240.280.36-0.38-0.260.740.2
0.20.780.730.130.690.40.360.370.88-0.05-0.530.070.390.15-0.240.060.0-0.13-0.240.40.440.69-0.940.64-0.81
0.550.780.970.620.880.580.590.640.940.24-0.320.40.540.45-0.660.070.23-0.310.110.750.670.23-0.730.75-0.5
0.610.730.970.720.960.50.470.530.930.4-0.170.340.490.39-0.690.140.16-0.140.120.650.720.15-0.70.75-0.44
0.850.130.620.720.720.250.240.340.420.760.280.360.220.34-0.750.010.180.050.350.50.48-0.52-0.130.530.28
0.60.690.880.960.720.250.190.270.880.59-0.160.080.250.13-0.730.12-0.090.140.040.470.590.17-0.620.65-0.4
0.260.40.580.50.250.250.950.950.53-0.390.10.920.960.96-0.040.330.89-0.840.270.730.74-0.02-0.540.66-0.3
0.250.360.590.470.240.190.950.990.49-0.44-0.10.90.890.92-0.10.120.85-0.90.310.790.64-0.02-0.460.56-0.25
0.370.370.640.530.340.270.950.990.51-0.34-0.070.910.870.93-0.160.120.85-0.860.330.790.66-0.07-0.470.64-0.21
0.360.880.940.930.420.880.530.490.510.13-0.370.250.520.33-0.510.180.12-0.2-0.020.590.690.46-0.840.71-0.71
0.61-0.050.240.40.760.59-0.39-0.44-0.340.130.28-0.28-0.37-0.31-0.65-0.06-0.430.640.1-0.040.04-0.40.130.130.32
0.18-0.53-0.32-0.170.28-0.160.1-0.1-0.07-0.370.280.320.150.30.10.470.350.060.32-0.080.15-0.730.380.00.57
0.370.070.40.340.360.080.920.90.910.25-0.280.320.850.99-0.040.270.97-0.830.420.680.61-0.37-0.230.540.07
0.150.390.540.490.220.250.960.890.870.52-0.370.150.850.91-0.050.310.82-0.760.330.730.81-0.03-0.510.57-0.31
0.320.150.450.390.340.130.960.920.930.33-0.310.30.990.91-0.040.310.96-0.840.410.710.68-0.3-0.310.57-0.02
-0.44-0.24-0.66-0.69-0.75-0.73-0.04-0.1-0.16-0.51-0.650.1-0.04-0.05-0.040.060.2-0.09-0.18-0.62-0.250.160.08-0.16-0.03
-0.020.060.070.140.010.120.330.120.120.18-0.060.470.270.310.310.060.3-0.210.120.070.37-0.01-0.230.28-0.16
0.260.00.230.160.18-0.090.890.850.850.12-0.430.350.970.820.960.20.3-0.830.370.510.54-0.33-0.210.490.07
-0.01-0.13-0.31-0.140.050.14-0.84-0.9-0.86-0.20.640.06-0.83-0.76-0.84-0.09-0.21-0.83-0.19-0.64-0.410.050.28-0.310.15
0.24-0.240.110.120.350.040.270.310.33-0.020.10.320.420.330.41-0.180.120.37-0.190.280.37-0.370.250.140.25
0.280.40.750.650.50.470.730.790.790.59-0.04-0.080.680.730.71-0.620.070.51-0.640.280.55-0.08-0.350.39-0.18
0.360.440.670.720.480.590.740.640.660.690.040.150.610.810.68-0.250.370.54-0.410.370.55-0.06-0.570.68-0.3
-0.380.690.230.15-0.520.17-0.02-0.02-0.070.46-0.4-0.73-0.37-0.03-0.30.16-0.01-0.330.05-0.37-0.08-0.06-0.570.1-0.86
-0.26-0.94-0.73-0.7-0.13-0.62-0.54-0.46-0.47-0.840.130.38-0.23-0.51-0.310.08-0.23-0.210.280.25-0.35-0.57-0.57-0.760.74
0.740.640.750.750.530.650.660.560.640.710.130.00.540.570.57-0.160.280.49-0.310.140.390.680.1-0.76-0.34
0.2-0.81-0.5-0.440.28-0.4-0.3-0.25-0.21-0.710.320.570.07-0.31-0.02-0.03-0.160.070.150.25-0.18-0.3-0.860.74-0.34
Click cells to compare fundamentals

Amedisys Account Relationship Matchups

Amedisys income statement Accounts

201920202021202220232024 (projected)
Interest Expense14.5M11.0M9.5M22.2M31.3M32.8M
Total Revenue2.0B2.1B2.2B2.2B2.2B2.3B
Gross Profit805.3M886.2M980.8M962.8M457.1M447.4M
Operating Income177.5M219.3M251.9M180.8M193.1M202.7M
Ebit177.5M219.3M251.9M180.8M193.1M202.7M
Ebitda240.7M294.0M329.9M256.4M216.9M227.8M
Cost Of Revenue1.2B1.2B1.2B1.3B1.8B1.9B
Net Income126.8M183.6M209.1M118.6M(9.7M)(9.3M)
Income Tax Expense42.5M25.6M70.1M42.5M50.6M53.1M
Income Before Tax170.4M210.8M280.2M160.2M39.6M45.7M
Minority Interest1.1M1.6M1.1M(910K)1.1M1.1M
Tax Provision42.5M25.6M70.1M42.5M50.2M42.3M
Interest Income78K292K49K178K2.5M2.6M
Net Interest Income(14.4M)(10.7M)(9.5M)(22.1M)(26.3M)(25.0M)

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 Amedisys 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, Amedisys' short interest history, or implied volatility extrapolated from Amedisys options trading.

Pair Trading with Amedisys

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 Amedisys 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 Amedisys will appreciate offsetting losses from the drop in the long position's value.

Moving together with Amedisys Stock

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The ability to find closely correlated positions to Amedisys could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Amedisys 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 Amedisys - 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 Amedisys to buy it.
The correlation of Amedisys 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 Amedisys moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Amedisys 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 Amedisys 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 Amedisys is a strong investment it is important to analyze Amedisys' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Amedisys' future performance. For an informed investment choice regarding Amedisys Stock, refer to the following important reports:
Check out Amedisys Valuation and Amedisys Correlation analysis.
For information on how to trade Amedisys Stock refer to our How to Trade Amedisys Stock guide.
Note that the Amedisys information on this page should be used as a complementary analysis to other Amedisys' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Cryptocurrency Center module to build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency.

Complementary Tools for Amedisys Stock analysis

When running Amedisys' price analysis, check to measure Amedisys' 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 Amedisys is operating at the current time. Most of Amedisys' value examination focuses on studying past and present price action to predict the probability of Amedisys' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Amedisys' price. Additionally, you may evaluate how the addition of Amedisys to your portfolios can decrease your overall portfolio volatility.
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Is Amedisys' 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 Amedisys. If investors know Amedisys 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 Amedisys 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
(0.40)
Earnings Share
(0.30)
Revenue Per Share
68.603
Quarterly Revenue Growth
0.016
Return On Assets
0.0598
The market value of Amedisys is measured differently than its book value, which is the value of Amedisys that is recorded on the company's balance sheet. Investors also form their own opinion of Amedisys' value that differs from its market value or its book value, called intrinsic value, which is Amedisys' 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 Amedisys' market value can be influenced by many factors that don't directly affect Amedisys' 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 Amedisys' value and its price as these two are different measures arrived at by different means. Investors typically determine if Amedisys is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Amedisys' 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.