Viemed Net Receivables vs Total Stockholder Equity Analysis
VMD Stock | USD 9.06 0.09 0.98% |
Viemed Healthcare financial indicator trend analysis is much more than just breaking down Viemed Healthcare prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Viemed Healthcare is a good investment. Please check the relationship between Viemed Healthcare Net Receivables and its Total Stockholder Equity accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Viemed Healthcare. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population. For information on how to trade Viemed Stock refer to our How to Trade Viemed Stock guide.
Net Receivables vs Total Stockholder Equity
Net Receivables vs Total Stockholder Equity Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Viemed Healthcare Net Receivables account and Total Stockholder Equity. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Viemed Healthcare's Net Receivables and Total Stockholder Equity is 0.95. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Total Stockholder Equity in the same time period over historical financial statements of Viemed Healthcare, assuming nothing else is changed. The correlation between historical values of Viemed Healthcare's Net Receivables 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 Net Receivables of Viemed Healthcare 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 Net Receivables i.e., Viemed Healthcare's Net Receivables and Total Stockholder Equity go up and down completely randomly.
Correlation Coefficient | 0.95 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Net Receivables
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 Viemed Healthcare's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Viemed Healthcare 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 Viemed Healthcare. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population. For information on how to trade Viemed Stock refer to our How to Trade Viemed Stock guide.At present, Viemed Healthcare's Enterprise Value Over EBITDA is projected to increase based on the last few years of reporting. The current year's Enterprise Value Multiple is expected to grow to 12.56, whereas Selling General Administrative is forecasted to decline to about 50.5 M.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 73.4M | 84.7M | 112.8M | 65.9M | Total Revenue | 117.1M | 138.8M | 183.0M | 101.6M |
Viemed Healthcare fundamental ratios Correlations
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Viemed Healthcare Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Viemed Healthcare fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 82.6M | 112.6M | 118.0M | 117.0M | 154.9M | 88.4M | |
Other Current Liab | 9.1M | 9.9M | 8.4M | 10.6M | 14.3M | 7.6M | |
Total Current Liabilities | 25.9M | 23.0M | 17.8M | 18.9M | 32.1M | 20.2M | |
Total Stockholder Equity | 43.7M | 81.7M | 94.8M | 97.1M | 113.9M | 62.9M | |
Other Liab | 2.3M | 859K | 757K | 889K | 1.0M | 816.6K | |
Net Tangible Assets | 43.7M | 81.7M | 94.8M | 97.1M | 111.7M | 117.2M | |
Retained Earnings | 34.1M | 65.6M | 73.3M | 69.8M | 79.5M | 48.6M | |
Accounts Payable | 4.7M | 2.1M | 3.2M | 2.7M | 7.4M | 3.9M | |
Cash | 13.4M | 31.0M | 28.4M | 16.9M | 12.8M | 15.3M | |
Non Current Assets Total | 54.8M | 65.4M | 70.7M | 77.3M | 116.5M | 122.4M | |
Non Currrent Assets Other | 13K | 863K | 862K | 1.6M | 887K | 842.7K | |
Other Assets | 13K | 9.6M | 5.6M | 4.7M | 1.0 | 0.95 | |
Long Term Debt | 7.6M | 5.8M | 4.3M | 6.0M | 6.9M | 7.2M | |
Cash And Short Term Investments | 13.4M | 31.0M | 28.4M | 16.9M | 12.8M | 15.0M | |
Net Receivables | 11.5M | 12.4M | 14.7M | 15.4M | 18.5M | 12.7M | |
Common Stock Total Equity | 3.4M | 9.2M | 14.0M | 15.1M | 17.4M | 18.3M | |
Common Stock Shares Outstanding | 39.7M | 40.5M | 40.7M | 39.8M | 40.4M | 38.7M | |
Long Term Debt Total | 394K | 10.7M | 5.8M | 4.3M | 5.0M | 3.9M | |
Liabilities And Stockholders Equity | 82.6M | 112.6M | 118.0M | 117.0M | 154.9M | 85.7M | |
Non Current Liabilities Total | 13.0M | 7.9M | 5.3M | 1.1M | 8.9M | 5.0M | |
Capital Surpluse | 6.4M | 7.3M | 7.7M | 12.1M | 13.9M | 14.6M | |
Capital Lease Obligations | 10.1M | 3.5M | 732K | 694K | 3.3M | 2.9M | |
Inventory | 1.4M | 2.3M | 2.5M | 3.6M | 4.6M | 2.7M | |
Other Current Assets | 1.6M | 3.0M | 1.7M | 3.8M | 2.4M | 1.8M | |
Other Stockholder Equity | 6.4M | 7.3M | 7.7M | 12.1M | 15.7M | 9.2M | |
Total Liab | 38.9M | 30.9M | 23.1M | 19.9M | 41M | 25.5M | |
Property Plant And Equipment Gross | 54.8M | 55.1M | 90.9M | 108.3M | 129.8M | 136.3M | |
Short Long Term Debt | 1.8M | 1.8M | 1.5M | 1.1M | 1.2M | 1.1M | |
Total Current Assets | 27.8M | 47.2M | 47.3M | 39.7M | 38.4M | 32.4M | |
Accumulated Other Comprehensive Income | (8.8M) | (157K) | (451K) | (278K) | (319.7K) | (335.7K) | |
Short Term Debt | 8.8M | 7.3M | 2.4M | 990K | 2.0M | 2.9M | |
Common Stock | 3.4M | 9.2M | 14.0M | 15.1M | 18.7M | 19.6M | |
Property Plant Equipment | 54.8M | 55.1M | 62.8M | 68.4M | 78.7M | 43.3M | |
Short Long Term Debt Total | 19.5M | 11.1M | 6.5M | 694K | 10.3M | 8.7M | |
Property Plant And Equipment Net | 54.8M | 55.1M | 62.8M | 68.4M | 76.9M | 52.6M | |
Current Deferred Revenue | 3.3M | 3.4M | 3.8M | 4.6M | 6.2M | 4.1M |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Viemed Healthcare is a strong investment it is important to analyze Viemed Healthcare's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Viemed Healthcare's future performance. For an informed investment choice regarding Viemed Stock, refer to the following important reports:Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Viemed Healthcare. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population. For information on how to trade Viemed Stock refer to our How to Trade Viemed Stock guide.You can also try the Price Ceiling Movement module to calculate and plot Price Ceiling Movement for different equity instruments.
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 Viemed Healthcare. If investors know Viemed 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 Viemed Healthcare 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 0.425 | Earnings Share 0.24 | Revenue Per Share 5.534 | Quarterly Revenue Growth 0.174 | Return On Assets 0.0686 |
The market value of Viemed Healthcare is measured differently than its book value, which is the value of Viemed that is recorded on the company's balance sheet. Investors also form their own opinion of Viemed Healthcare's value that differs from its market value or its book value, called intrinsic value, which is Viemed Healthcare'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 Viemed Healthcare's market value can be influenced by many factors that don't directly affect Viemed Healthcare'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 Viemed Healthcare's value and its price as these two are different measures arrived at by different means. Investors typically determine if Viemed Healthcare is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Viemed Healthcare'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.