Primary Net Receivables vs Property Plant And Equipment Net Analysis
| PHP Stock | | | 94.20 0.60 0.64% |
Primary Health financial indicator trend analysis is much more than just breaking down Primary Health Properties prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Primary Health Properties is a good investment. Please check the relationship between Primary Health Net Receivables and its Property Plant And Equipment Net accounts. Check out
Your Equity Center to better understand how to build diversified portfolios, which includes a position in Primary Health Properties. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in industry.
Net Receivables vs Property Plant And Equipment Net
Net Receivables vs Property Plant And Equipment Net Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Primary Health Properties Net Receivables account and
Property Plant And Equipment Net. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Primary Health's Net Receivables and Property Plant And Equipment Net is -0.32. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Property Plant And Equipment Net in the same time period over historical financial statements of Primary Health Properties, assuming nothing else is changed. The correlation between historical values of Primary Health's Net Receivables and Property Plant And Equipment Net is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Receivables of Primary Health Properties are associated (or correlated) with its Property Plant And Equipment Net. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant And Equipment Net has no effect on the direction of Net Receivables i.e., Primary Health's Net Receivables and Property Plant And Equipment Net go up and down completely randomly.
Correlation Coefficient | -0.32 |
| Relationship Direction | Negative |
| Relationship Strength | Insignificant |
Net Receivables
Property Plant And Equipment Net
The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.
Most indicators from Primary Health's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Primary Health Properties 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
Your Equity Center to better understand how to build diversified portfolios, which includes a position in Primary Health Properties. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in industry.
The current year's
Selling General Administrative is expected to grow to about 13.7
M. The current year's
Tax Provision is expected to grow to about 5.9
MPrimary Health fundamental ratios Correlations
Click cells to compare fundamentals
Primary Health Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Primary Health fundamental ratios Accounts
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Other Information on Investing in Primary Stock
Balance Sheet is a snapshot of the
financial position of Primary Health Properties at a specified time, usually calculated after every quarter, six months, or one year. Primary Health Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Primary Health and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Primary currently owns. An asset can also be divided into two categories, current and non-current.