Amedisys Minority Interest vs Operating Income Analysis

AMED Stock  USD 91.15  4.86  5.06%   
Amedisys financial indicator trend analysis is way more than just evaluating Amedisys prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Amedisys is a good investment. Please check the relationship between Amedisys Minority Interest and its Operating Income accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Amedisys. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income.
For information on how to trade Amedisys Stock refer to our How to Trade Amedisys Stock guide.

Minority Interest vs Operating Income

Minority Interest vs Operating Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Amedisys Minority Interest account and Operating Income. At this time, the significance of the direction appears to have weak relationship.
The correlation between Amedisys' Minority Interest and Operating Income is 0.33. Overlapping area represents the amount of variation of Minority Interest that can explain the historical movement of Operating Income in the same time period over historical financial statements of Amedisys, assuming nothing else is changed. The correlation between historical values of Amedisys' Minority Interest and Operating Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Minority Interest of Amedisys are associated (or correlated) with its Operating Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Operating Income has no effect on the direction of Minority Interest i.e., Amedisys' Minority Interest and Operating Income go up and down completely randomly.

Correlation Coefficient

0.33
Relationship DirectionPositive 
Relationship StrengthVery Weak

Minority Interest

Minority Interest is the portion of a subsidiary corporation stock that is not owned by the parent corporation. The magnitude of the minority interest in the subsidiary company is generally less than 50% of outstanding shares, otherwise the corporation would generally cease to be a subsidiary of the parent. Minority Interest can also be called non-controlling interest.All shareholders of Amedisys whose combined shares represent less than 50% of the total outstanding shares issued by Amedisys have a minority interest in Amedisys.

Operating Income

Operating Income is the amount of profit realized from Amedisys operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Amedisys is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.
Most indicators from Amedisys' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Amedisys 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Amedisys. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income.
For information on how to trade Amedisys Stock refer to our How to Trade Amedisys Stock guide.At present, Amedisys' Sales General And Administrative To Revenue is projected to increase slightly based on the last few years of reporting. The current year's Enterprise Value Over EBITDA is expected to grow to 16.65, whereas Discontinued Operations is forecasted to decline to (260.8 K).
 2021 2022 2023 2024 (projected)
Gross Profit980.8M962.8M457.1M447.4M
Total Revenue2.2B2.2B2.2B2.3B

Amedisys fundamental ratios Correlations

0.96-0.340.930.990.110.90.950.60.740.99-0.370.740.950.350.960.290.72-0.090.99-0.160.950.90.760.520.53
0.96-0.40.810.930.10.980.950.530.620.97-0.420.620.860.21.00.270.73-0.250.97-0.290.850.890.720.380.39
-0.34-0.4-0.13-0.36-0.03-0.48-0.41-0.420.08-0.381.00.08-0.28-0.1-0.41-0.05-0.350.16-0.310.06-0.2-0.24-0.44-0.15-0.15
0.930.81-0.130.910.160.730.820.580.760.9-0.160.760.910.420.820.440.520.050.93-0.10.930.850.640.570.58
0.990.93-0.360.910.110.860.930.640.750.98-0.380.750.970.410.930.230.75-0.030.97-0.110.950.880.760.570.58
0.110.1-0.030.160.110.14-0.060.15-0.130.17-0.03-0.130.020.460.080.190.320.470.12-0.240.020.2-0.040.460.46
0.90.98-0.480.730.860.140.90.560.440.92-0.50.440.780.190.970.280.68-0.270.91-0.290.740.830.630.370.37
0.950.95-0.410.820.93-0.060.90.470.690.94-0.430.690.870.080.960.170.66-0.390.94-0.090.850.870.810.280.29
0.60.53-0.420.580.640.150.560.470.170.6-0.430.170.660.740.530.110.430.370.580.040.560.430.130.780.78
0.740.620.080.760.75-0.130.440.690.170.690.051.00.760.120.630.090.54-0.060.71-0.160.850.70.740.260.28
0.990.97-0.380.90.980.170.920.940.60.69-0.40.690.920.350.970.250.75-0.10.99-0.170.910.880.750.520.53
-0.37-0.421.0-0.16-0.38-0.03-0.5-0.43-0.430.05-0.40.05-0.3-0.1-0.43-0.06-0.370.17-0.330.07-0.22-0.26-0.46-0.15-0.15
0.740.620.080.760.75-0.130.440.690.171.00.690.050.760.120.630.090.54-0.060.71-0.160.850.70.740.260.28
0.950.86-0.280.910.970.020.780.870.660.760.92-0.30.760.460.870.270.640.040.93-0.010.980.840.70.60.61
0.350.2-0.10.420.410.460.190.080.740.120.35-0.10.120.460.20.20.360.830.30.130.410.13-0.040.960.96
0.961.0-0.410.820.930.080.970.960.530.630.97-0.430.630.870.20.260.72-0.250.97-0.280.850.870.730.390.39
0.290.27-0.050.440.230.190.280.170.110.090.25-0.060.090.270.20.26-0.160.110.35-0.160.350.330.190.240.25
0.720.73-0.350.520.750.320.680.660.430.540.75-0.370.540.640.360.72-0.160.10.67-0.240.630.630.560.450.45
-0.09-0.250.160.05-0.030.47-0.27-0.390.37-0.06-0.10.17-0.060.040.83-0.250.110.1-0.14-0.020.05-0.19-0.310.690.68
0.990.97-0.310.930.970.120.910.940.580.710.99-0.330.710.930.30.970.350.67-0.14-0.210.930.90.730.480.49
-0.16-0.290.06-0.1-0.11-0.24-0.29-0.090.04-0.16-0.170.07-0.16-0.010.13-0.28-0.16-0.24-0.02-0.21-0.1-0.32-0.120.10.09
0.950.85-0.20.930.950.020.740.850.560.850.91-0.220.850.980.410.850.350.630.050.93-0.10.850.730.560.57
0.90.89-0.240.850.880.20.830.870.430.70.88-0.260.70.840.130.870.330.63-0.190.9-0.320.850.740.320.33
0.760.72-0.440.640.76-0.040.630.810.130.740.75-0.460.740.7-0.040.730.190.56-0.310.73-0.120.730.740.150.16
0.520.38-0.150.570.570.460.370.280.780.260.52-0.150.260.60.960.390.240.450.690.480.10.560.320.151.0
0.530.39-0.150.580.580.460.370.290.780.280.53-0.150.280.610.960.390.250.450.680.490.090.570.330.161.0
Click cells to compare fundamentals

Amedisys Account Relationship Matchups

Amedisys fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.3B1.6B1.9B2.0B2.1B2.2B
Short Long Term Debt Total326.1M307.0M545.6M537.9M487.2M511.6M
Other Current Liab(3.1M)313.1M(3.4M)(20.1B)382.9M402.0M
Total Current Liabilities326.9M456.3M374.3M355.5M473.7M497.4M
Total Stockholder Equity640.5M809.2M931.4M1.1B1.1B1.1B
Property Plant And Equipment Net112.9M117.2M119.7M118.9M130.8M76.0M
Net Debt295.8M225.2M502.9M497.4M341.4M358.4M
Retained Earnings246.4M430.0M639.1M757.7M747.9M785.3M
Accounts Payable31.3M42.7M38.2M43.7M28.2M19.0M
Cash30.3M81.8M42.7M40.5M145.9M153.2M
Non Current Assets Total912.2M1.2B1.5B1.6B1.6B1.6B
Non Currrent Assets Other18.9M19M19.9M(20.4B)(35.2M)(37.0M)
Cash And Short Term Investments30.3M81.8M42.7M40.5M145.9M153.2M
Net Receivables237.6M255.1M275.0M296.8M328.2M344.6M
Common Stock Shares Outstanding33.0M33.3M33.0M32.7M32.6M23.4M
Liabilities And Stockholders Equity1.3B1.6B1.9B2.0B2.1B2.2B
Non Current Liabilities Total294.3M300.1M506.4M514.1M466.7M490.0M
Inventory74.4M11.8M13.4M25.2M29.0M30.5M
Other Current Assets8.2M13.3M25.6M26.4M22.9M24.0M
Other Stockholder Equity394.0M379.2M292.3M293.9M318.6M264.1M
Total Liab621.2M756.5M880.6M869.7M940.4M987.4M
Property Plant And Equipment Gross28.1M117.2M216.6M220.2M368.6M350.2M
Total Current Assets350.6M362.0M356.7M389.0M496.9M521.8M
Short Term Debt37.7M40.5M44.2M49.0M62.6M65.7M
Current Deferred Revenue261.1M60M295.2M20.4B23.5B24.6B
Other Liab5.9M33.6M5.0M25.2M29.0M30.5M
Other Assets12K174.6M73.3M39.3M45.2M47.5M
Long Term Debt232.3M204.5M432.1M419.4M361.9M380.0M
Treasury Stock(251.2M)(319.1M)(435.9M)(461.2M)(415.1M)(394.3M)
Property Plant Equipment28.1M23.7M119.7M16.0M18.4M17.5M
Good Will658.5M932.7M1.2B1.3B1.2B1.3B
Intangible Assets64.7M74.2M111.2M101.2M102.7M64.1M
Net Tangible Assets(82.8M)(197.6M)(375.9M)(337.0M)(303.3M)(288.1M)
Noncontrolling Interest In Consolidated Entity1.1M1.5M45.0M55M63.3M66.4M
Retained Earnings Total Equity246.4M430.0M639.1M757.7M871.3M914.9M
Long Term Debt Total232.3M204.5M432.1M419.4M482.3M506.4M

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When determining whether Amedisys is a strong investment it is important to analyze Amedisys' 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 Amedisys' future performance. For an informed investment choice regarding Amedisys Stock, refer to the following important reports:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Amedisys. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income.
For information on how to trade Amedisys Stock refer to our How to Trade Amedisys Stock guide.
Note that the Amedisys information on this page should be used as a complementary analysis to other Amedisys' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.

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Is Amedisys' 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 Amedisys. If investors know Amedisys 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 Amedisys 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
(0.43)
Earnings Share
(0.64)
Revenue Per Share
69.004
Quarterly Revenue Growth
0.027
Return On Assets
0.0626
The market value of Amedisys is measured differently than its book value, which is the value of Amedisys that is recorded on the company's balance sheet. Investors also form their own opinion of Amedisys' value that differs from its market value or its book value, called intrinsic value, which is Amedisys' 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 Amedisys' market value can be influenced by many factors that don't directly affect Amedisys' 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 Amedisys' value and its price as these two are different measures arrived at by different means. Investors typically determine if Amedisys is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Amedisys' 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.