EHealth Cash vs Common Stock Shares Outstanding Analysis

EHTH Stock  USD 5.50  0.13  2.42%   
EHealth financial indicator trend analysis is much more than just examining eHealth latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether eHealth is a good investment. Please check the relationship between EHealth Cash and its Common Stock Shares Outstanding accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in eHealth. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
For more detail on how to invest in EHealth Stock please use our How to Invest in EHealth guide.

Cash vs Common Stock Shares Outstanding

Cash vs Common Stock Shares Outstanding Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of eHealth Cash account and Common Stock Shares Outstanding. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between EHealth's Cash and Common Stock Shares Outstanding is 0.47. Overlapping area represents the amount of variation of Cash that can explain the historical movement of Common Stock Shares Outstanding in the same time period over historical financial statements of eHealth, assuming nothing else is changed. The correlation between historical values of EHealth's Cash and Common Stock Shares Outstanding is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash of eHealth are associated (or correlated) with its Common Stock Shares Outstanding. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Shares Outstanding has no effect on the direction of Cash i.e., EHealth's Cash and Common Stock Shares Outstanding go up and down completely randomly.

Correlation Coefficient

0.47
Relationship DirectionPositive 
Relationship StrengthWeak

Cash

Cash refers to the most liquid asset of eHealth, which is listed under current asset account on eHealth balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from EHealth customers. The amounts must be unrestricted with restricted cash listed in a different EHealth account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.

Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.
Most indicators from EHealth's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into eHealth 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in eHealth. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
For more detail on how to invest in EHealth Stock please use our How to Invest in EHealth guide.As of now, EHealth's Tax Provision is decreasing as compared to previous years. The EHealth's current Sales General And Administrative To Revenue is estimated to increase to 0.35, while Selling General Administrative is projected to decrease to under 46.8 M.
 2021 2022 2023 2024 (projected)
Gross Profit536.2M403.7M451.1M473.7M
Total Revenue538.2M405.4M452.9M475.5M

EHealth fundamental ratios Correlations

1.00.430.810.740.90.920.810.740.670.780.50.530.530.221.00.930.420.760.720.870.690.90.98-0.170.56
1.00.410.80.770.920.880.780.710.640.770.530.470.510.280.990.940.480.750.740.830.730.890.99-0.120.56
0.430.410.690.510.120.470.580.720.90.680.220.450.77-0.370.460.17-0.17-0.040.470.340.380.550.34-0.5-0.15
0.810.80.690.650.620.750.660.760.770.890.720.50.660.020.810.680.250.240.610.710.770.810.76-0.280.22
0.740.770.510.650.650.540.590.730.590.690.40.090.520.470.720.630.60.440.960.390.630.70.790.140.51
0.90.920.120.620.650.70.50.420.370.570.490.270.320.460.860.980.650.760.630.720.740.730.940.080.6
0.920.880.470.750.540.70.910.80.740.760.310.780.58-0.080.940.780.080.720.540.960.460.870.82-0.380.5
0.810.780.580.660.590.50.910.860.810.670.280.710.51-0.150.840.58-0.040.660.60.80.320.770.72-0.450.43
0.740.710.720.760.730.420.80.860.840.880.320.620.76-0.120.770.510.040.40.740.640.470.850.64-0.220.26
0.670.640.90.770.590.370.740.810.840.730.270.670.7-0.330.70.43-0.130.30.60.640.430.680.57-0.570.12
0.780.770.680.890.690.570.760.670.880.730.510.510.87-0.020.80.660.240.310.640.640.750.940.71-0.110.12
0.50.530.220.720.40.490.310.280.320.270.510.050.10.270.480.520.420.040.370.310.760.420.550.010.05
0.530.470.450.50.090.270.780.710.620.670.510.050.48-0.640.60.4-0.510.450.20.770.10.570.35-0.490.17
0.530.510.770.660.520.320.580.510.760.70.870.10.48-0.230.570.390.030.130.450.450.50.790.43-0.17-0.06
0.220.28-0.370.020.470.46-0.08-0.15-0.12-0.33-0.020.27-0.64-0.230.140.340.940.220.36-0.060.310.040.40.50.51
1.00.990.460.810.720.860.940.840.770.70.80.480.60.570.140.910.340.760.710.890.670.920.95-0.210.54
0.930.940.170.680.630.980.780.580.510.430.660.520.40.390.340.910.550.770.620.790.760.810.940.030.54
0.420.48-0.170.250.60.650.08-0.040.04-0.130.240.42-0.510.030.940.340.550.290.480.080.590.290.590.470.43
0.760.75-0.040.240.440.760.720.660.40.30.310.040.450.130.220.760.770.290.480.720.260.590.75-0.060.65
0.720.740.470.610.960.630.540.60.740.60.640.370.20.450.360.710.620.480.480.40.540.660.750.170.53
0.870.830.340.710.390.720.960.80.640.640.640.310.770.45-0.060.890.790.080.720.40.430.770.78-0.440.52
0.690.730.380.770.630.740.460.320.470.430.750.760.10.50.310.670.760.590.260.540.430.710.740.090.05
0.90.890.550.810.70.730.870.770.850.680.940.420.570.790.040.920.810.290.590.660.770.710.84-0.090.3
0.980.990.340.760.790.940.820.720.640.570.710.550.350.430.40.950.940.590.750.750.780.740.84-0.070.6
-0.17-0.12-0.5-0.280.140.08-0.38-0.45-0.22-0.57-0.110.01-0.49-0.170.5-0.210.030.47-0.060.17-0.440.09-0.09-0.070.14
0.560.56-0.150.220.510.60.50.430.260.120.120.050.17-0.060.510.540.540.430.650.530.520.050.30.60.14
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EHealth Account Relationship Matchups

EHealth fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets741.6M1.0B1.1B1.1B1.1B1.2B
Total Stockholder Equity527.2M837.6M982.1M914.2M904.1M949.3M
Retained Earnings271.9M316.2M193.2M73.8M7.3M6.9M
Other Assets421.3M603.1M690.3M648.2M202.9M147.4M
Common Stock Shares Outstanding24.5M27.0M26.8M27.4M28.0M21.4M
Liabilities And Stockholders Equity741.6M1.0B1.1B1.1B1.1B1.2B
Other Stockholder Equity(16.7M)521.0M555.9M577.2M598.8M628.7M
Total Liab214.5M202.5M167.2M198.4M209.3M219.7M
Other Current Liab81.1M36.8M50.6M40.9M57.2M60.1M
Total Current Liabilities113.0M84.4M75.5M60.6M78.5M40.2M
Other Liab67.2M76.7M55.9M37.5M43.1M22.7M
Property Plant And Equipment Net47.1M57.2M49.5M32.0M27.6M16.2M
Current Deferred Revenue2.6M308K52.8M32.4M(127K)(120.7K)
Net Debt15.6M2.8M(40.6M)(37.6M)(12.6M)(13.2M)
Accounts Payable24.6M36.9M13.8M6.7M7.2M7.6M
Cash23.5M43.8M81.9M144.4M115.7M85.4M
Non Current Assets Total533.5M709.0M741.7M711.5M731.0M767.5M
Non Currrent Assets Other21.4M603.1M690.3M612.6M679.8M713.8M
Cash And Short Term Investments23.5M93.4M123.2M144.4M121.7M97.3M
Net Receivables176.9M221.0M260.6M245.4M922.2M968.3M
Common Stock Total Equity35K38K39K40K46K29.8K
Non Current Liabilities Total101.5M118.1M91.7M137.8M130.7M137.3M
Other Current Assets2.4M16.7M23.8M11.3M8.6M6.1M
Property Plant And Equipment Gross47.1M57.2M49.5M32.0M38.8M40.7M
Total Current Assets208.1M331.0M407.6M401.1M382.4M401.5M
Accumulated Other Comprehensive Income116K350K390K(73K)(82K)(77.9K)
Short Term Debt4.8M10.4M11.1M13.0M14.1M11.2M
Intangible Assets10.1M8.6M1.9M31.3M23.6M24.8M
Common Stock35K38K39K40K41K30.5K
Property Plant Equipment10.5M14.6M49.5M5.5M6.3M9.4M
Short Long Term Debt Total39.1M46.6M41.4M106.8M103.2M53.8M
Inventory5.5M16.1M22.9M1.00.90.86
Net Tangible Assets511.2M830.1M747.6M914.2M1.1B1.1B
Retained Earnings Total Equity271.9M316.2M193.2M73.8M84.9M101.3M
Capital Surpluse455.2M721.0M755.9M777.2M893.8M472.6M
Deferred Long Term Liab64.1M72.3M50.8M32.4M37.2M26.0M

Currently Active Assets on Macroaxis

When determining whether eHealth offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of EHealth'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 Ehealth Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Ehealth Stock:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in eHealth. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
For more detail on how to invest in EHealth Stock please use our How to Invest in EHealth guide.
You can also try the FinTech Suite module to use AI to screen and filter profitable investment opportunities.
Is Insurance Brokers space 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
(2.62)
Revenue Per Share
16.016
Quarterly Revenue Growth
(0.1)
Return On Assets
(0.01)
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.