Surgery Short Term Coverage Ratios from 2010 to 2024

SGRY Stock  USD 27.60  0.32  1.17%   
Surgery Partners Short Term Coverage Ratios yearly trend continues to be fairly stable with very little volatility. Short Term Coverage Ratios is likely to outpace its year average in 2024. During the period from 2010 to 2024, Surgery Partners Short Term Coverage Ratios regression line of annual values had r-squared of  0.49 and arithmetic mean of  3.14. View All Fundamentals
 
Short Term Coverage Ratios  
First Reported
2010-12-31
Previous Quarter
2.64923354
Current Value
2.77
Quarterly Volatility
1.74689697
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Surgery Partners financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Surgery main balance sheet or income statement drivers, such as Depreciation And Amortization of 79 M, Interest Expense of 151.6 M or Selling General Administrative of 80.8 M, as well as many exotic indicators such as Price To Sales Ratio of 1.52, Dividend Yield of 0.0014 or PTB Ratio of 2.12. Surgery financial statements analysis is a perfect complement when working with Surgery Partners Valuation or Volatility modules.
  
This module can also supplement Surgery Partners' financial leverage analysis and stock options assessment as well as various Surgery Partners Technical models . Check out the analysis of Surgery Partners Correlation against competitors.
For more information on how to buy Surgery Stock please use our How to Invest in Surgery Partners guide.

Latest Surgery Partners' Short Term Coverage Ratios Growth Pattern

Below is the plot of the Short Term Coverage Ratios of Surgery Partners over the last few years. It is Surgery Partners' Short Term Coverage Ratios historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Surgery Partners' overall financial position and show how it may be relating to other accounts over time.
Short Term Coverage Ratios10 Years Trend
Slightly volatile
   Short Term Coverage Ratios   
       Timeline  

Surgery Short Term Coverage Ratios Regression Statistics

Arithmetic Mean3.14
Geometric Mean2.66
Coefficient Of Variation55.62
Mean Deviation1.47
Median2.65
Standard Deviation1.75
Sample Variance3.05
Range4.6839
R-Value(0.70)
Mean Square Error1.68
R-Squared0.49
Significance0
Slope(0.27)
Total Sum of Squares42.72

Surgery Short Term Coverage Ratios History

2024 2.77
2023 2.65
2022 1.6
2021 0.87
2020 2.38
2019 1.39
2018 2.6

About Surgery Partners Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Surgery Partners income statement, its balance sheet, and the statement of cash flows. Surgery Partners investors use historical funamental indicators, such as Surgery Partners's Short Term Coverage Ratios, to determine how well the company is positioned to perform in the future. Although Surgery Partners investors may use each financial statement separately, they are all related. The changes in Surgery Partners's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Surgery Partners's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Surgery Partners Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Surgery Partners. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Short Term Coverage Ratios 2.65  2.77 

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 Surgery Partners offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Surgery Partners' 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 Surgery Partners Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Surgery Partners Stock:
Check out the analysis of Surgery Partners Correlation against competitors.
For more information on how to buy Surgery Stock please use our How to Invest in Surgery Partners guide.
You can also try the Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.

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When running Surgery Partners' price analysis, check to measure Surgery Partners' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Surgery Partners is operating at the current time. Most of Surgery Partners' value examination focuses on studying past and present price action to predict the probability of Surgery Partners' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Surgery Partners' price. Additionally, you may evaluate how the addition of Surgery Partners to your portfolios can decrease your overall portfolio volatility.
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Is Surgery Partners' industry 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 Surgery Partners. If investors know Surgery 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 Surgery Partners listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
0.01
Revenue Per Share
22.213
Quarterly Revenue Growth
0.077
Return On Assets
0.04
Return On Equity
0.0476
The market value of Surgery Partners is measured differently than its book value, which is the value of Surgery that is recorded on the company's balance sheet. Investors also form their own opinion of Surgery Partners' value that differs from its market value or its book value, called intrinsic value, which is Surgery Partners' 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 Surgery Partners' market value can be influenced by many factors that don't directly affect Surgery Partners' 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 Surgery Partners' value and its price as these two are different measures arrived at by different means. Investors typically determine if Surgery Partners is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Surgery Partners' 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.