Primary Research Development vs Selling General Administrative Analysis

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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 Research Development and its Selling General Administrative 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 bureau of economic analysis.

Research Development vs Selling General Administrative

Research Development vs Selling General Administrative Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Primary Health Properties Research Development account and Selling General Administrative. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Primary Health's Research Development and Selling General Administrative is -0.41. Overlapping area represents the amount of variation of Research Development that can explain the historical movement of Selling General Administrative 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 Research Development and Selling General Administrative is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Research Development of Primary Health Properties are associated (or correlated) with its Selling General Administrative. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Selling General Administrative has no effect on the direction of Research Development i.e., Primary Health's Research Development and Selling General Administrative go up and down completely randomly.

Correlation Coefficient

-0.41
Relationship DirectionNegative 
Relationship StrengthVery Weak

Research Development

Selling General Administrative

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 bureau of economic analysis.
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 M
 2022 2023 2024 2025 (projected)
Research Development0.370.150.140.13
Interest Income2.3M4.9M5.6M5.9M

Primary Health fundamental ratios Correlations

0.380.650.99-0.070.480.770.410.380.780.620.40.990.990.94-0.170.650.990.530.470.990.99-0.710.80.970.93
0.380.230.35-0.6-0.10.040.23-0.120.170.56-0.10.40.420.38-0.340.480.410.16-0.060.40.4-0.390.390.430.32
0.650.230.65-0.23-0.270.230.32-0.050.680.53-0.060.740.720.58-0.770.860.640.45-0.070.740.64-0.460.620.670.72
0.990.350.65-0.090.470.790.40.380.780.650.40.980.980.92-0.160.640.950.450.470.980.96-0.770.80.940.93
-0.07-0.6-0.23-0.090.30.34-0.430.670.07-0.450.65-0.1-0.15-0.030.42-0.59-0.040.160.6-0.12-0.040.23-0.41-0.03-0.09
0.48-0.1-0.270.470.30.740.240.470.20.00.50.350.370.520.76-0.20.470.240.610.340.47-0.220.260.390.34
0.770.040.230.790.340.740.210.630.450.240.670.720.70.770.340.110.730.280.750.710.74-0.620.470.70.71
0.410.230.320.4-0.430.240.21-0.340.160.36-0.320.390.420.39-0.080.510.420.37-0.230.390.41-0.140.50.360.39
0.38-0.12-0.050.380.670.470.63-0.340.41-0.031.00.340.290.370.36-0.360.360.020.980.330.36-0.440.090.360.26
0.780.170.680.780.070.20.450.160.410.640.390.80.810.78-0.320.540.760.430.380.790.76-0.560.550.790.79
0.620.560.530.65-0.450.00.240.36-0.030.64-0.040.650.710.53-0.390.650.560.170.00.660.56-0.620.460.570.59
0.4-0.1-0.060.40.650.50.67-0.321.00.39-0.040.360.310.390.37-0.350.380.030.990.350.38-0.460.120.380.28
0.990.40.740.98-0.10.350.720.390.340.80.650.360.990.91-0.30.710.970.520.411.00.97-0.740.810.970.93
0.990.420.720.98-0.150.370.70.420.290.810.710.310.990.93-0.280.730.970.510.370.990.97-0.730.790.960.94
0.940.380.580.92-0.030.520.770.390.370.780.530.390.910.93-0.080.560.930.480.460.910.94-0.660.690.930.93
-0.17-0.34-0.77-0.160.420.760.34-0.080.36-0.32-0.390.37-0.3-0.28-0.08-0.74-0.19-0.190.45-0.31-0.20.16-0.3-0.27-0.27
0.650.480.860.64-0.59-0.20.110.51-0.360.540.65-0.350.710.730.56-0.740.650.45-0.320.720.65-0.410.740.660.69
0.990.410.640.95-0.040.470.730.420.360.760.560.380.970.970.93-0.190.650.620.440.971.0-0.620.780.990.9
0.530.160.450.450.160.240.280.370.020.430.170.030.520.510.48-0.190.450.620.050.520.60.170.380.60.44
0.47-0.06-0.070.470.60.610.75-0.230.980.380.00.990.410.370.460.45-0.320.440.050.40.45-0.50.180.430.33
0.990.40.740.98-0.120.340.710.390.330.790.660.351.00.990.91-0.310.720.970.520.40.97-0.740.810.970.93
0.990.40.640.96-0.040.470.740.410.360.760.560.380.970.970.94-0.20.651.00.60.450.97-0.640.790.990.91
-0.71-0.39-0.46-0.770.23-0.22-0.62-0.14-0.44-0.56-0.62-0.46-0.74-0.73-0.660.16-0.41-0.620.17-0.5-0.74-0.64-0.64-0.64-0.7
0.80.390.620.8-0.410.260.470.50.090.550.460.120.810.790.69-0.30.740.780.380.180.810.79-0.640.750.74
0.970.430.670.94-0.030.390.70.360.360.790.570.380.970.960.93-0.270.660.990.60.430.970.99-0.640.750.91
0.930.320.720.93-0.090.340.710.390.260.790.590.280.930.940.93-0.270.690.90.440.330.930.91-0.70.740.91
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Primary Health Account Relationship Matchups

Primary Health fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets2.7B2.9B2.9B2.8B2.8B2.9B
Other Current Liab(7.2M)32.8M23.3M51.7M53.4M56.1M
Total Current Liabilities68.1M70.5M64.1M63.3M213.7M224.4M
Total Stockholder Equity1.4B1.5B1.5B1.4B1.4B1.4B
Property Plant And Equipment Net2.6B300K400K500K600K570K
Net Debt1.1B1.2B1.3B1.3B(3.5M)(3.3M)
Retained Earnings800.6M460.5M430.1M783.2M318.8M187.3M
Accounts Payable700K600K3.3M2.5M1.8M1.4M
Cash103.6M33.4M29.1M3.2M3.5M3.3M
Non Current Assets Total2.6B2.8B2.8B7.6M2.8B2.9B
Cash And Short Term Investments103.6M33.4M29.1M13.7M3.5M3.3M
Common Stock Shares Outstanding1.4B1.4B1.4B1.3B1.5B1.6B
Liabilities And Stockholders Equity2.7B2.9B2.9B2.8B2.8B2.9B
Non Current Liabilities Total1.2B1.3B1.3B1.4B1.2B1.3B
Other Current Assets7.6M5.4M6M7.9M(17.4M)(16.5M)
Other Stockholder Equity68.7M474.9M479.4M473.6M890.1M934.6M
Total Liab1.3B1.4B1.4B1.4B1.4B1.5B
Total Current Assets121M51.7M48.2M40M3.5M3.3M
Common Stock152M164.4M166.6M167.1M192.2M201.8M
Short Long Term Debt Total1.2B1.3B1.3B1.3B1.3B1.4B
Accumulated Other Comprehensive Income(17.3M)397.9M405.6M(5.8M)(6.7M)(6.3M)
Other Liab3.1M3.5M4.4M5.4M6.2M5.9M
Other Assets6.8M2.9B2.9B2.8B2.8B2.9B
Current Deferred Revenue27M28.3M29.2M30.4M35.0M36.7M
Short Term Debt6.2M6.5M2.2M2.4M151.7M159.3M
Inventory113.9M700K1.3M1.4M1.6M1.5M
Net Receivables10.3M12.2M11.8M17M17.4M18.3M
Net Tangible Assets1.2B1.4B1.5B1.5B1.7B930.1M
Property Plant Equipment2.4B2.6B2.8B2.8B3.2B2.0B
Net Invested Capital2.6B2.8B2.8B2.7B2.7B2.6B
Capital Stock152M164.4M166.6M167.1M192.2M169.8M

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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.