SSY Stock | | | USD 0.75 0.01 1.32% |
SunLink Health financial indicator trend analysis is much more than just breaking down SunLink Health Systems prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether SunLink Health Systems is a good investment. Please check the relationship between SunLink Health Property Plant And Equipment Gross and its Short Term Debt accounts. Check out
World Market Map to better understand how to build diversified portfolios, which includes a position in SunLink Health Systems. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in state.
Property Plant And Equipment Gross vs Short Term Debt
Property Plant And Equipment Gross vs Short Term Debt Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
SunLink Health Systems Property Plant And Equipment Gross account and
Short Term Debt. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between SunLink Health's Property Plant And Equipment Gross and Short Term Debt is 0.4. Overlapping area represents the amount of variation of Property Plant And Equipment Gross that can explain the historical movement of Short Term Debt in the same time period over historical financial statements of SunLink Health Systems, assuming nothing else is changed. The correlation between historical values of SunLink Health's Property Plant And Equipment Gross and Short Term Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant And Equipment Gross of SunLink Health Systems are associated (or correlated) with its Short Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Term Debt has no effect on the direction of Property Plant And Equipment Gross i.e., SunLink Health's Property Plant And Equipment Gross and Short Term Debt go up and down completely randomly.
Correlation Coefficient | 0.4 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Property Plant And Equipment Gross
Short Term Debt
Most indicators from SunLink Health's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into SunLink Health Systems 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
World Market Map to better understand how to build diversified portfolios, which includes a position in SunLink Health Systems. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in state.
Selling General Administrative is likely to drop to about 10.4
M in 2024.
Discontinued Operations is likely to rise to about (119.7
K) in 2024
SunLink Health fundamental ratios Correlations
Click cells to compare fundamentals
SunLink Health Account Relationship Matchups
High Positive Relationship
High Negative Relationship
SunLink Health fundamental ratios Accounts
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