MultiPlan Capital Surpluse vs Total Stockholder Equity Analysis

MPLN Stock

USD 10.03 0.98 8.90%

MultiPlan financial indicator trend analysis is infinitely more than just investigating MultiPlan recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether MultiPlan is a good investment. Please check the relationship between MultiPlan Capital Surpluse and its Total Stockholder Equity accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in MultiPlan. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.

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

Capital Surpluse vs Total Stockholder Equity

Capital Surpluse vs Total Stockholder Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of MultiPlan Capital Surpluse account and Total Stockholder Equity. At this time, the significance of the direction appears to have fragmental relationship.

The correlation between MultiPlan's Capital Surpluse and Total Stockholder Equity is 0.49. Overlapping area represents the amount of variation of Capital Surpluse that can explain the historical movement of Total Stockholder Equity in the same time period over historical financial statements of MultiPlan, assuming nothing else is changed. The correlation between historical values of MultiPlan's Capital Surpluse and Total Stockholder Equity 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 MultiPlan are associated (or correlated) with its Total Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Stockholder Equity has no effect on the direction of Capital Surpluse i.e., MultiPlan's Capital Surpluse and Total Stockholder Equity go up and down completely randomly.

Correlation Coefficient

0.49

Relationship Direction	Positive
Relationship Strength	Weak

View All Relationships

Capital Surpluse

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.

Most indicators from MultiPlan's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into MultiPlan 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 MultiPlan. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.

To learn how to invest in MultiPlan Stock, please use our How to Invest in MultiPlan guide.As of the 24th of October 2024, Selling General Administrative is likely to grow to about 176.4 M, though Tax Provision is likely to grow to (12.2 M).

	2021	2022	2023	2024 (projected)
Depreciation And Amortization	412.1M	415.7M	425.8M	446.2M
Interest Income	30K	3.5M	9.7M	10.1M

Depreciation And Amortization Interest Income

MultiPlan fundamental ratios Correlations

	Total Current Liabilities	Other Liab	Net Tangible Assets	Retained Earnings	Accounts Payable	Other Assets	Net Receivables	Common Stock Shares Outstanding	Total Current Assets	Property Plant Equipment	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Cash	Non Current Assets Total	Non Currrent Assets Other	Long Term Debt	Cash And Short Term Investments	Good Will	Common Stock Total Equity	Non Current Liabilities Total	Capital Lease Obligations	Inventory
Total Current Liabilities		-0.91	0.94	-0.93	0.8	0.92	0.01	0.97	0.89	0.58	-0.75	-0.8	-0.41	-0.16	0.93	-0.86	0.82	-0.81	-0.55	-0.81	0.82	-0.54	0.95	-0.84	-0.72	0.56
Other Liab	-0.91		-0.73	0.9	-0.73	-0.88	-0.1	-0.81	-0.72	-0.41	0.85	0.73	0.36	0.53	-0.95	0.76	-0.62	0.88	0.49	0.73	-0.62	0.71	-0.81	0.8	0.9	-0.25
Net Tangible Assets	0.94	-0.73		-0.81	0.66	0.83	-0.07	0.95	0.94	0.61	-0.54	-0.71	-0.51	0.13	0.75	-0.79	0.93	-0.63	-0.62	-0.71	0.93	-0.33	0.9	-0.72	-0.46	0.78
Retained Earnings	-0.93	0.9	-0.81		-0.88	-0.91	0.09	-0.89	-0.77	-0.4	0.91	0.92	0.29	0.31	-0.96	0.94	-0.66	0.94	0.44	0.93	-0.66	0.75	-0.93	0.95	0.87	-0.3
Accounts Payable	0.8	-0.73	0.66	-0.88		0.87	-0.23	0.82	0.5	0.33	-0.71	-0.81	0.03	-0.12	0.88	-0.79	0.42	-0.72	-0.11	-0.81	0.42	-0.47	0.91	-0.8	-0.77	0.15
Other Assets	0.92	-0.88	0.83	-0.91	0.87		-0.3	0.86	0.71	0.25	-0.71	-0.72	-0.42	-0.26	0.89	-0.76	0.69	-0.75	-0.54	-0.72	0.69	-0.53	0.89	-0.76	-0.8	0.34
Net Receivables	0.01	-0.1	-0.07	0.09	-0.23	-0.3		0.06	0.14	0.59	-0.07	0.06	0.12	-0.2	0.1	0.04	0.03	-0.08	0.1	0.05	0.03	-0.02	-0.06	0.0	0.03	0.17
Common Stock Shares Outstanding	0.97	-0.81	0.95	-0.89	0.82	0.86	0.06		0.88	0.69	-0.67	-0.81	-0.31	0.02	0.89	-0.86	0.81	-0.74	-0.44	-0.81	0.81	-0.41	0.98	-0.82	-0.62	0.64
Total Current Assets	0.89	-0.72	0.94	-0.77	0.5	0.71	0.14	0.88		0.6	-0.58	-0.66	-0.66	-0.03	0.71	-0.76	0.97	-0.68	-0.75	-0.67	0.97	-0.44	0.79	-0.7	-0.45	0.8
Property Plant Equipment	0.58	-0.41	0.61	-0.4	0.33	0.25	0.59	0.69	0.6		-0.26	-0.46	0.08	0.3	0.48	-0.5	0.5	-0.32	-0.01	-0.47	0.5	0.0	0.6	-0.45	-0.11	0.66
Total Assets	-0.75	0.85	-0.54	0.91	-0.71	-0.71	-0.07	-0.67	-0.58	-0.26		0.89	0.17	0.58	-0.88	0.88	-0.41	0.99	0.31	0.89	-0.41	0.94	-0.73	0.94	0.93	0.0
Short Long Term Debt Total	-0.8	0.73	-0.71	0.92	-0.81	-0.72	0.06	-0.81	-0.66	-0.46	0.89		0.06	0.15	-0.84	0.99	-0.52	0.9	0.21	1.0	-0.52	0.74	-0.87	0.99	0.74	-0.24
Other Current Liab	-0.41	0.36	-0.51	0.29	0.03	-0.42	0.12	-0.31	-0.66	0.08	0.17	0.06		0.22	-0.2	0.17	-0.76	0.25	0.99	0.06	-0.76	0.25	-0.19	0.13	0.17	-0.55
Total Stockholder Equity	-0.16	0.53	0.13	0.31	-0.12	-0.26	-0.2	0.02	-0.03	0.3	0.58	0.15	0.22		-0.4	0.13	0.07	0.54	0.26	0.15	0.07	0.72	-0.01	0.26	0.7	0.48
Property Plant And Equipment Net	0.93	-0.95	0.75	-0.96	0.88	0.89	0.1	0.89	0.71	0.48	-0.88	-0.84	-0.2	-0.4		-0.86	0.59	-0.91	-0.35	-0.85	0.59	-0.69	0.91	-0.89	-0.9	0.26
Net Debt	-0.86	0.76	-0.79	0.94	-0.79	-0.76	0.04	-0.86	-0.76	-0.5	0.88	0.99	0.17	0.13	-0.86		-0.63	0.91	0.32	0.99	-0.63	0.72	-0.9	0.99	0.72	-0.35
Cash	0.82	-0.62	0.93	-0.66	0.42	0.69	0.03	0.81	0.97	0.5	-0.41	-0.52	-0.76	0.07	0.59	-0.63		-0.52	-0.83	-0.52	1.0	-0.28	0.71	-0.55	-0.33	0.87
Non Current Assets Total	-0.81	0.88	-0.63	0.94	-0.72	-0.75	-0.08	-0.74	-0.68	-0.32	0.99	0.9	0.25	0.54	-0.91	0.91	-0.52		0.4	0.9	-0.52	0.92	-0.78	0.95	0.91	-0.12
Non Currrent Assets Other	-0.55	0.49	-0.62	0.44	-0.11	-0.54	0.1	-0.44	-0.75	-0.01	0.31	0.21	0.99	0.26	-0.35	0.32	-0.83	0.4		0.21	-0.83	0.36	-0.33	0.28	0.3	-0.58
Long Term Debt	-0.81	0.73	-0.71	0.93	-0.81	-0.72	0.05	-0.81	-0.67	-0.47	0.89	1.0	0.06	0.15	-0.85	0.99	-0.52	0.9	0.21		-0.52	0.74	-0.88	0.99	0.74	-0.25
Cash And Short Term Investments	0.82	-0.62	0.93	-0.66	0.42	0.69	0.03	0.81	0.97	0.5	-0.41	-0.52	-0.76	0.07	0.59	-0.63	1.0	-0.52	-0.83	-0.52		-0.28	0.71	-0.55	-0.33	0.87
Good Will	-0.54	0.71	-0.33	0.75	-0.47	-0.53	-0.02	-0.41	-0.44	0.0	0.94	0.74	0.25	0.72	-0.69	0.72	-0.28	0.92	0.36	0.74	-0.28		-0.47	0.8	0.85	0.16
Common Stock Total Equity	0.95	-0.81	0.9	-0.93	0.91	0.89	-0.06	0.98	0.79	0.6	-0.73	-0.87	-0.19	-0.01	0.91	-0.9	0.71	-0.78	-0.33	-0.88	0.71	-0.47		-0.88	-0.69	0.5
Non Current Liabilities Total	-0.84	0.8	-0.72	0.95	-0.8	-0.76	0.0	-0.82	-0.7	-0.45	0.94	0.99	0.13	0.26	-0.89	0.99	-0.55	0.95	0.28	0.99	-0.55	0.8	-0.88		0.81	-0.23
Capital Lease Obligations	-0.72	0.9	-0.46	0.87	-0.77	-0.8	0.03	-0.62	-0.45	-0.11	0.93	0.74	0.17	0.7	-0.9	0.72	-0.33	0.91	0.3	0.74	-0.33	0.85	-0.69	0.81		0.13
Inventory	0.56	-0.25	0.78	-0.3	0.15	0.34	0.17	0.64	0.8	0.66	0.0	-0.24	-0.55	0.48	0.26	-0.35	0.87	-0.12	-0.58	-0.25	0.87	0.16	0.5	-0.23	0.13

Click cells to compare fundamentals

MultiPlan Account Relationship Matchups

MultiPlan fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Current Liabilities	85.8M	112.5M	141.9M	175.8M	166.7M	137.1M
Other Liab	869.2M	1.0B	828.0M	642.0M	577.8M	692.9M
Net Tangible Assets	(6.2B)	(5.5B)	(5.3B)	(4.9B)	(5.6B)	(5.9B)
Retained Earnings	637.6M	107.9M	225.1M	(347.8M)	(499.3M)	(474.3M)
Accounts Payable	9.6M	15.3M	13.0M	13.3M	19.6M	15.0M
Other Assets	8.2M	14.2M	9.7M	21.9M	25.2M	13.2M
Net Receivables	77.1M	63.2M	99.9M	78.9M	76.6M	87.6M
Total Current Assets	115.6M	208.9M	319.3M	446.7M	193.6M	254.8M
Property Plant Equipment	47.7M	51.1M	243.3M	51.5M	59.2M	91.0M

Pair Trading with MultiPlan

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

Moving together with MultiPlan Stock

0.71

AMN

AMN Healthcare Services

Pair Corr

Moving against MultiPlan Stock

0.82	TFX	Teleflex Incorporated	Pair Corr
0.8	MMSI	Merit Medical Systems	Pair Corr
0.7	DOCS	Doximity	Pair Corr
0.62	EVH	Evolent Health	Pair Corr
0.5	VEEV	Veeva Systems Class	Pair Corr

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

The correlation of MultiPlan 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 MultiPlan moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if MultiPlan 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 MultiPlan 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 MultiPlan offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of MultiPlan'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 Multiplan Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Multiplan Stock:

How To Invest In MultiPlan

Details

Is MultiPlan Stock a good investment?

Details

What is MultiPlan's Net Worth?

Details

Largest Health Care Equipment & Supplies Companies

View

Largest Health Care Equipment & Services Companies

View

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

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

You can also try the Latest Portfolios module to quick portfolio dashboard that showcases your latest portfolios.

Is Health Care Equipment & Supplies 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 MultiPlan. If investors know MultiPlan 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 MultiPlan 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

(0.99)

Earnings Share

(72.40)

Revenue Per Share

59.002

Quarterly Revenue Growth

(0.02)

Return On Assets

0.0139

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

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

MultiPlan Capital Surpluse vs Total Stockholder Equity Analysis

Capital Surpluse vs Total Stockholder Equity

Capital Surpluse vs Total Stockholder Equity Correlation Analysis

Correlation Coefficient

Capital Surpluse

Total Stockholder Equity

MultiPlan fundamental ratios Correlations

MultiPlan Account Relationship Matchups

High Positive Relationship

High Negative Relationship

MultiPlan fundamental ratios Accounts

Pair Trading with MultiPlan

Moving together with MultiPlan Stock

Moving against MultiPlan Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Long Term Debt	+ 1.0	Short Long Term Debt Total
Cash And Short Term Investments	+ 1.0	Cash
Non Current Assets Total	+ 0.99	Total Assets
Net Debt	+ 0.99	Short Long Term Debt Total
Non Current Liabilities Total	+ 0.99	Short Long Term Debt Total
Non Currrent Assets Other	+ 0.99	Other Current Liab

Property Plant And Equipment Net	- 0.96	Retained Earnings
Property Plant And Equipment Net	- 0.95	Other Liab
Common Stock Total Equity	- 0.93	Retained Earnings
Retained Earnings	- 0.93	Total Current Liabilities
Non Current Assets Total	- 0.91	Property Plant And Equipment Net
Other Assets	- 0.91	Retained Earnings