GoHealth Capital Surpluse vs Current Deferred Revenue Analysis

GOCO Stock

USD 11.90 0.40 3.48%

GoHealth financial indicator trend analysis is much more than just examining GoHealth latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether GoHealth is a good investment. Please check the relationship between GoHealth Capital Surpluse and its Current Deferred Revenue accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in GoHealth. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.

To learn how to invest in GoHealth Stock, please use our How to Invest in GoHealth guide.

Capital Surpluse vs Current Deferred Revenue

Capital Surpluse vs Current Deferred Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of GoHealth Capital Surpluse account and Current Deferred Revenue. At this time, the significance of the direction appears to have very strong relationship.

The correlation between GoHealth's Capital Surpluse and Current Deferred Revenue is 0.86. Overlapping area represents the amount of variation of Capital Surpluse that can explain the historical movement of Current Deferred Revenue in the same time period over historical financial statements of GoHealth, assuming nothing else is changed. The correlation between historical values of GoHealth's Capital Surpluse and Current Deferred Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Capital Surpluse of GoHealth are associated (or correlated) with its Current Deferred Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Current Deferred Revenue has no effect on the direction of Capital Surpluse i.e., GoHealth's Capital Surpluse and Current Deferred Revenue go up and down completely randomly.

Correlation Coefficient

0.86

Relationship Direction	Positive
Relationship Strength	Strong

View All Relationships

Capital Surpluse

Current Deferred Revenue

Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.

Most indicators from GoHealth's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into GoHealth 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 Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in GoHealth. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.

To learn how to invest in GoHealth Stock, please use our How to Invest in GoHealth guide.At this time, GoHealth's Selling General Administrative is very stable compared to the past year. As of the 24th of November 2024, Sales General And Administrative To Revenue is likely to grow to 0.20, while Tax Provision is likely to drop about 63.6 K.

	2023	2024 (projected)
Depreciation And Amortization	105.7M	100.5M
Interest Income	9.4M	9.9M

Depreciation And Amortization Interest Income

GoHealth fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Net Tangible Assets	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Cash And Short Term Investments	Net Receivables	Common Stock Total Equity	Common Stock Shares Outstanding	Long Term Debt Total	Non Current Liabilities Total	Capital Lease Obligations	Other Current Assets	Other Stockholder Equity	Total Liab
Total Assets		0.94	0.76	0.77	0.89	-0.47	-0.57	0.69	0.54	0.91	-0.33	0.9	0.82	0.99	0.93	0.92	0.82	0.62	0.25	-0.99	0.94	0.94	0.58	0.87	0.93	0.92
Short Long Term Debt Total	0.94		0.9	0.91	0.77	-0.46	-0.32	0.89	0.66	0.99	-0.5	0.99	0.76	0.91	0.97	0.99	0.76	0.73	0.08	-0.91	1.0	0.98	0.38	0.96	1.0	0.99
Other Current Liab	0.76	0.9		0.99	0.58	-0.51	-0.14	0.91	0.79	0.89	-0.65	0.92	0.69	0.7	0.81	0.89	0.69	0.86	-0.05	-0.74	0.91	0.81	0.26	0.87	0.89	0.91
Total Current Liabilities	0.77	0.91	0.99		0.61	-0.47	-0.1	0.93	0.83	0.92	-0.7	0.94	0.63	0.71	0.82	0.89	0.63	0.85	-0.02	-0.76	0.91	0.84	0.22	0.89	0.91	0.93
Total Stockholder Equity	0.89	0.77	0.58	0.61		-0.12	-0.48	0.42	0.5	0.77	-0.41	0.72	0.57	0.92	0.7	0.69	0.57	0.48	0.66	-0.94	0.77	0.82	0.37	0.59	0.76	0.78
Other Liab	-0.47	-0.46	-0.51	-0.47	-0.12		0.55	-0.46	-0.4	-0.37	-0.03	-0.46	-0.77	-0.42	-0.51	-0.53	-0.77	-0.59	0.56	0.4	-0.45	-0.34	-0.77	-0.61	-0.43	-0.4
Net Tangible Assets	-0.57	-0.32	-0.14	-0.1	-0.48	0.55		0.03	0.1	-0.21	-0.46	-0.24	-0.75	-0.6	-0.38	-0.35	-0.75	-0.05	-0.15	0.55	-0.34	-0.28	-0.95	-0.31	-0.28	-0.23
Property Plant And Equipment Net	0.69	0.89	0.91	0.93	0.42	-0.46	0.03		0.71	0.9	-0.59	0.93	0.56	0.62	0.86	0.9	0.56	0.74	-0.27	-0.63	0.88	0.84	0.13	0.93	0.9	0.9
Current Deferred Revenue	0.54	0.66	0.79	0.83	0.5	-0.4	0.1	0.71		0.69	-0.88	0.72	0.32	0.49	0.53	0.59	0.32	0.88	0.03	-0.58	0.64	0.61	0.05	0.64	0.66	0.71
Net Debt	0.91	0.99	0.89	0.92	0.77	-0.37	-0.21	0.9	0.69		-0.57	0.99	0.67	0.88	0.96	0.97	0.67	0.72	0.11	-0.89	0.99	0.98	0.27	0.94	1.0	1.0
Retained Earnings	-0.33	-0.5	-0.65	-0.7	-0.41	-0.03	-0.46	-0.59	-0.88	-0.57		-0.56	0.01	-0.29	-0.34	-0.4	0.01	-0.75	-0.22	0.39	-0.48	-0.5	0.39	-0.4	-0.51	-0.59
Accounts Payable	0.9	0.99	0.92	0.94	0.72	-0.46	-0.24	0.93	0.72	0.99	-0.56		0.71	0.86	0.96	0.98	0.71	0.75	0.02	-0.87	0.99	0.97	0.33	0.97	0.99	0.99
Cash	0.82	0.76	0.69	0.63	0.57	-0.77	-0.75	0.56	0.32	0.67	0.01	0.71		0.79	0.78	0.8	1.0	0.59	-0.11	-0.76	0.77	0.67	0.81	0.76	0.73	0.69
Non Current Assets Total	0.99	0.91	0.7	0.71	0.92	-0.42	-0.6	0.62	0.49	0.88	-0.29	0.86	0.79		0.9	0.88	0.79	0.57	0.33	-0.99	0.91	0.92	0.58	0.82	0.9	0.88
Non Currrent Assets Other	0.93	0.97	0.81	0.82	0.7	-0.51	-0.38	0.86	0.53	0.96	-0.34	0.96	0.78	0.9		0.99	0.78	0.63	-0.03	-0.88	0.97	0.97	0.45	0.97	0.98	0.95
Other Assets	0.92	0.99	0.89	0.89	0.69	-0.53	-0.35	0.9	0.59	0.97	-0.4	0.98	0.8	0.88	0.99		0.8	0.7	-0.04	-0.87	0.99	0.95	0.43	0.97	0.99	0.97
Cash And Short Term Investments	0.82	0.76	0.69	0.63	0.57	-0.77	-0.75	0.56	0.32	0.67	0.01	0.71	1.0	0.79	0.78	0.8		0.59	-0.11	-0.76	0.77	0.67	0.81	0.76	0.73	0.69
Net Receivables	0.62	0.73	0.86	0.85	0.48	-0.59	-0.05	0.74	0.88	0.72	-0.75	0.75	0.59	0.57	0.63	0.7	0.59		-0.09	-0.63	0.72	0.65	0.2	0.7	0.71	0.75
Common Stock Total Equity	0.25	0.08	-0.05	-0.02	0.66	0.56	-0.15	-0.27	0.03	0.11	-0.22	0.02	-0.11	0.33	-0.03	-0.04	-0.11	-0.09		-0.38	0.09	0.18	-0.11	-0.19	0.07	0.12
Common Stock Shares Outstanding	-0.99	-0.91	-0.74	-0.76	-0.94	0.4	0.55	-0.63	-0.58	-0.89	0.39	-0.87	-0.76	-0.99	-0.88	-0.87	-0.76	-0.63	-0.38		-0.91	-0.92	-0.53	-0.8	-0.9	-0.9
Long Term Debt Total	0.94	1.0	0.91	0.91	0.77	-0.45	-0.34	0.88	0.64	0.99	-0.48	0.99	0.77	0.91	0.97	0.99	0.77	0.72	0.09	-0.91		0.97	0.39	0.95	1.0	0.99
Non Current Liabilities Total	0.94	0.98	0.81	0.84	0.82	-0.34	-0.28	0.84	0.61	0.98	-0.5	0.97	0.67	0.92	0.97	0.95	0.67	0.65	0.18	-0.92	0.97		0.31	0.91	0.99	0.98
Capital Lease Obligations	0.58	0.38	0.26	0.22	0.37	-0.77	-0.95	0.13	0.05	0.27	0.39	0.33	0.81	0.58	0.45	0.43	0.81	0.2	-0.11	-0.53	0.39	0.31		0.45	0.35	0.29
Other Current Assets	0.87	0.96	0.87	0.89	0.59	-0.61	-0.31	0.93	0.64	0.94	-0.4	0.97	0.76	0.82	0.97	0.97	0.76	0.7	-0.19	-0.8	0.95	0.91	0.45		0.96	0.94
Other Stockholder Equity	0.93	1.0	0.89	0.91	0.76	-0.43	-0.28	0.9	0.66	1.0	-0.51	0.99	0.73	0.9	0.98	0.99	0.73	0.71	0.07	-0.9	1.0	0.99	0.35	0.96		0.99
Total Liab	0.92	0.99	0.91	0.93	0.78	-0.4	-0.23	0.9	0.71	1.0	-0.59	0.99	0.69	0.88	0.95	0.97	0.69	0.75	0.12	-0.9	0.99	0.98	0.29	0.94	0.99

Click cells to compare fundamentals

GoHealth Account Relationship Matchups

GoHealth fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	1.6B	2.1B	2.1B	1.7B	1.5B	1.7B
Short Long Term Debt Total	291.7M	400.6M	696.3M	557.4M	592.4M	466.3M
Other Current Liab	25.3M	35.3M	55.0M	54.5M	94.6M	50.9M
Total Current Liabilities	113.1M	127.4M	217.1M	265.5M	370.0M	209.2M
Total Stockholder Equity	860.1M	378.8M	353.1M	318.1M	231.0M	358.3M
Other Liab	340.9M	185.8M	274.4M	259.0M	233.1M	214.6M
Net Tangible Assets	(309.2M)	(694.9M)	(241.6M)	(182.6M)	(209.9M)	(220.4M)
Property Plant And Equipment Net	6.3M	17.4M	47.7M	46.8M	48.8M	32.8M
Current Deferred Revenue	15.2M	736K	536K	50.6M	52.4M	55.0M
Net Debt	279.4M	256.3M	611.9M	541.0M	501.5M	402.4M
Retained Earnings	(312.6M)	(18.8M)	(208.3M)	(357.0M)	(420.3M)	(399.3M)
Accounts Payable	69.6M	87.2M	144.0M	137.2M	136.4M	110.6M
Cash	12.3M	144.2M	84.4M	16.5M	90.8M	63.9M
Non Current Assets Total	1.5B	1.7B	1.6B	1.2B	1.0B	1.3B
Non Currrent Assets Other	282.9M	624.3M	997.5M	697.4M	577.7M	597.1M
Other Assets	282.9M	624.3M	997.5M	697.4M	802.0M	589.4M
Cash And Short Term Investments	12.3M	144.2M	84.4M	16.5M	90.8M	63.9M
Net Receivables	125.5M	205.7M	285.9M	340.5M	911.9M	957.5M
Common Stock Shares Outstanding	5.6M	5.6M	7.1M	8.4M	9.3M	7.6M
Long Term Debt Total	288.7M	396.4M	665.1M	504.8M	580.5M	408.1M
Liabilities And Stockholders Equity	1.6B	2.1B	2.1B	1.7B	1.5B	1.7B
Non Current Liabilities Total	629.1M	582.3M	959.3M	802.1M	674.6M	720.3M
Capital Lease Obligations	421K	396.4M	25.9M	47.3M	45.3M	68.7M
Other Current Assets	6.0M	41.9M	58.7M	57.6M	49.2M	40.0M
Other Stockholder Equity	312.6M	399.2M	769.8M	625.9M	602.1M	500.4M
Total Liab	742.2M	709.6M	1.2B	1.1B	1.1B	938.5M
Net Invested Capital	603.8M	781.0M	1.0B	778.8M	728.7M	684.6M
Total Current Assets	143.8M	391.8M	429.0M	414.6M	476.4M	350.1M
Accumulated Other Comprehensive Income	(17K)	(18.8M)	(208.4M)	(144K)	(127K)	(133.4K)
Non Current Liabilities Other	242.7M	3.3M	294.2M	297.3M	9.1M	8.6M
Net Working Capital	30.7M	264.5M	211.9M	149.1M	106.4M	140.9M
Short Term Debt	3M	4.2M	17.5M	23.2M	86.6M	90.9M
Property Plant Equipment	6.3M	17.4M	47.7M	46.8M	53.8M	28.6M

Pair Trading with GoHealth

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

Moving together with GoHealth Stock

0.88	EHTH	eHealth	Pair Corr
0.83	AON	Aon PLC	Pair Corr
0.67	BRO	Brown Brown Fiscal Year End 27th of January 2025	Pair Corr

Moving against GoHealth Stock

0.78	ERIE	Erie Indemnity	Pair Corr
0.68	RELI	Reliance Global Group	Pair Corr
0.58	MMC	Marsh McLennan Companies Fiscal Year End 23rd of January 2025	Pair Corr
0.54	SLQT	Selectquote Buyout Trend	Pair Corr
0.51	ZBAO	Zhibao Technology Class	Pair Corr

The ability to find closely correlated positions to GoHealth could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace GoHealth 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 GoHealth - 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 GoHealth to buy it.

The correlation of GoHealth 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 GoHealth moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if GoHealth 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 GoHealth 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 Correlation Correlation Matching

When determining whether GoHealth offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of GoHealth'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 Gohealth Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Gohealth Stock:

How To Invest In GoHealth

Details

Is GoHealth Stock a good investment?

Details

What is GoHealth's Net Worth?

Details

Largest Property & Casualty Insurance Companies

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Largest Insurance Brokers Companies

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Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in GoHealth. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.

To learn how to invest in GoHealth Stock, please use our How to Invest in GoHealth guide.

You can also try the Bond Analysis module to evaluate and analyze corporate bonds as a potential investment for your portfolios..

Is Property & Casualty Insurance 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 GoHealth. If investors know GoHealth 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 GoHealth 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

4.241

Earnings Share

(3.29)

Revenue Per Share

69.776

Quarterly Revenue Growth

(0.10)

Return On Assets

(0.03)

The market value of GoHealth is measured differently than its book value, which is the value of GoHealth that is recorded on the company's balance sheet. Investors also form their own opinion of GoHealth's value that differs from its market value or its book value, called intrinsic value, which is GoHealth'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 GoHealth's market value can be influenced by many factors that don't directly affect GoHealth'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 GoHealth's value and its price as these two are different measures arrived at by different means. Investors typically determine if GoHealth is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, GoHealth'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.

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GoHealth Capital Surpluse vs Current Deferred Revenue Analysis

Capital Surpluse vs Current Deferred Revenue

Capital Surpluse vs Current Deferred Revenue Correlation Analysis

Correlation Coefficient

Capital Surpluse

Current Deferred Revenue

GoHealth fundamental ratios Correlations

GoHealth Account Relationship Matchups

High Positive Relationship

High Negative Relationship

GoHealth fundamental ratios Accounts

Pair Trading with GoHealth

Moving together with GoHealth Stock

Moving against GoHealth Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Long Term Debt Total	+ 1.0	Short Long Term Debt Total
Other Stockholder Equity	+ 1.0	Short Long Term Debt Total
Other Stockholder Equity	+ 1.0	Net Debt
Total Liab	+ 1.0	Net Debt
Cash And Short Term Investments	+ 1.0	Cash
Other Stockholder Equity	+ 1.0	Long Term Debt Total

Common Stock Shares Outstanding	- 0.99	Non Current Assets Total
Common Stock Shares Outstanding	- 0.99	Total Assets
Capital Lease Obligations	- 0.95	Net Tangible Assets
Common Stock Shares Outstanding	- 0.94	Total Stockholder Equity
Non Current Liabilities Total	- 0.92	Common Stock Shares Outstanding
Long Term Debt Total	- 0.91	Common Stock Shares Outstanding