EHealth Net Tangible Assets vs Common Stock Analysis

EHTH Stock  USD 5.46  0.03  0.55%   
EHealth financial indicator trend analysis is much more than just examining eHealth latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether eHealth is a good investment. Please check the relationship between EHealth Net Tangible Assets and its Common Stock accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in eHealth. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate.
For more detail on how to invest in EHealth Stock please use our How to Invest in EHealth guide.

Net Tangible Assets vs Common Stock

Net Tangible Assets vs Common Stock Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of eHealth Net Tangible Assets account and Common Stock. At this time, the significance of the direction appears to have strong relationship.
The correlation between EHealth's Net Tangible Assets and Common Stock is 0.61. Overlapping area represents the amount of variation of Net Tangible Assets that can explain the historical movement of Common Stock in the same time period over historical financial statements of eHealth, assuming nothing else is changed. The correlation between historical values of EHealth's Net Tangible Assets and Common Stock 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 Tangible Assets of eHealth are associated (or correlated) with its Common Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock has no effect on the direction of Net Tangible Assets i.e., EHealth's Net Tangible Assets and Common Stock go up and down completely randomly.

Correlation Coefficient

0.61
Relationship DirectionPositive 
Relationship StrengthSignificant

Net Tangible Assets

The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.

Common Stock

Most indicators from EHealth's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into eHealth 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in eHealth. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate.
For more detail on how to invest in EHealth Stock please use our How to Invest in EHealth guide.As of now, EHealth's Tax Provision is decreasing as compared to previous years. The EHealth's current Sales General And Administrative To Revenue is estimated to increase to 0.35, while Selling General Administrative is projected to decrease to under 46.8 M.
 2021 2022 2023 2024 (projected)
Gross Profit536.2M403.7M431.2M218.0M
Total Revenue538.2M405.4M452.9M475.5M

EHealth fundamental ratios Correlations

0.990.350.730.710.980.90.640.70.620.720.440.530.480.230.990.420.420.840.70.87-0.630.880.97-0.450.6
0.990.410.80.770.980.820.550.710.640.770.530.470.510.280.990.530.480.750.740.83-0.530.890.99-0.430.56
0.350.410.690.510.250.130.460.720.90.680.220.450.77-0.370.460.5-0.17-0.040.470.340.280.550.34-0.56-0.15
0.730.80.690.650.720.420.320.760.770.890.720.50.660.020.810.860.250.240.610.710.060.810.76-0.550.22
0.710.770.510.650.730.460.420.730.590.690.40.090.520.470.720.460.60.440.960.39-0.260.70.79-0.120.51
0.980.980.250.720.730.830.490.620.490.720.490.390.460.380.950.50.570.790.70.81-0.60.860.98-0.320.61
0.90.820.130.420.460.830.790.580.470.490.10.630.320.080.860.030.180.960.50.87-0.850.730.79-0.420.63
0.640.550.460.320.420.490.790.720.670.44-0.220.690.47-0.260.65-0.18-0.210.680.440.68-0.580.60.49-0.490.44
0.70.710.720.760.730.620.580.720.840.880.320.620.76-0.120.770.410.040.40.740.64-0.180.850.64-0.420.26
0.620.640.90.770.590.490.470.670.840.730.270.670.7-0.330.70.46-0.130.30.60.64-0.050.680.57-0.720.12
0.720.770.680.890.690.720.490.440.880.730.510.510.87-0.020.80.710.240.310.640.64-0.060.940.71-0.370.12
0.440.530.220.720.40.490.1-0.220.320.270.510.050.10.270.480.780.420.040.370.310.170.420.55-0.210.05
0.530.470.450.50.090.390.630.690.620.670.510.050.48-0.640.60.16-0.510.450.20.77-0.290.570.35-0.590.17
0.480.510.770.660.520.460.320.470.760.70.870.10.48-0.230.570.520.030.130.450.450.060.790.43-0.31-0.06
0.230.28-0.370.020.470.380.08-0.26-0.12-0.33-0.020.27-0.64-0.230.140.130.940.220.36-0.06-0.240.040.40.330.51
0.990.990.460.810.720.950.860.650.770.70.80.480.60.570.140.50.340.760.710.89-0.520.920.95-0.50.54
0.420.530.50.860.460.50.03-0.180.410.460.710.780.160.520.130.50.37-0.110.390.370.370.550.52-0.270.0
0.420.48-0.170.250.60.570.18-0.210.04-0.130.240.42-0.510.030.940.340.370.290.480.08-0.250.290.590.230.43
0.840.75-0.040.240.440.790.960.680.40.30.310.040.450.130.220.76-0.110.290.480.72-0.950.590.75-0.260.65
0.70.740.470.610.960.70.50.440.740.60.640.370.20.450.360.710.390.480.480.4-0.320.660.75-0.10.53
0.870.830.340.710.390.810.870.680.640.640.640.310.770.45-0.060.890.370.080.720.4-0.520.770.78-0.680.52
-0.63-0.530.280.06-0.26-0.6-0.85-0.58-0.18-0.05-0.060.17-0.290.06-0.24-0.520.37-0.25-0.95-0.32-0.52-0.37-0.540.08-0.59
0.880.890.550.810.70.860.730.60.850.680.940.420.570.790.040.920.550.290.590.660.77-0.370.84-0.360.3
0.970.990.340.760.790.980.790.490.640.570.710.550.350.430.40.950.520.590.750.750.78-0.540.84-0.390.6
-0.45-0.43-0.56-0.55-0.12-0.32-0.42-0.49-0.42-0.72-0.37-0.21-0.59-0.310.33-0.5-0.270.23-0.26-0.1-0.680.08-0.36-0.39-0.05
0.60.56-0.150.220.510.610.630.440.260.120.120.050.17-0.060.510.540.00.430.650.530.52-0.590.30.6-0.05
Click cells to compare fundamentals

EHealth Account Relationship Matchups

EHealth fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets741.6M1.0B1.1B1.1B1.3B1.4B
Total Stockholder Equity527.2M837.6M982.1M914.2M904.1M949.3M
Retained Earnings271.9M316.2M193.2M73.8M7.3M6.9M
Other Assets421.3M603.1M690.3M648.2M202.9M147.4M
Common Stock Shares Outstanding24.5M27.0M26.8M27.4M28.0M21.4M
Liabilities And Stockholders Equity741.6M1.0B1.1B1.1B1.3B1.4B
Other Stockholder Equity255.2M521.0M555.9M577.2M598.8M628.7M
Total Liab214.5M202.5M167.2M198.4M412.1M432.8M
Other Current Liab81.1M42.0M3.3M15.0M64.4M67.6M
Total Current Liabilities113.0M84.4M75.5M60.6M78.5M40.2M
Other Liab67.2M76.7M55.9M37.5M43.1M22.7M
Property Plant And Equipment Net47.1M57.2M49.5M32.0M27.6M16.2M
Current Deferred Revenue2.6M308K52.8M32.4M(127K)(120.7K)
Net Debt15.6M2.8M(40.6M)(37.6M)(12.6M)(13.2M)
Accounts Payable24.6M36.9M13.8M6.7M7.2M7.6M
Cash23.5M43.8M81.9M144.4M115.7M85.4M
Non Current Assets Total533.5M709.0M741.7M711.5M731.0M767.5M
Non Currrent Assets Other21.4M603.1M690.3M612.6M(134.4M)(127.7M)
Cash And Short Term Investments23.5M93.4M123.2M144.4M121.7M97.3M
Net Receivables176.9M221.0M260.6M245.4M922.2M968.3M
Common Stock Total Equity35K38K39K40K46K29.8K
Non Current Liabilities Total101.5M118.1M91.7M137.8M130.7M137.3M
Other Current Assets2.4M595K922K11.3M(1.0B)(991.6M)
Property Plant And Equipment Gross47.1M57.2M49.5M32.0M38.8M40.7M
Total Current Assets208.1M331.0M407.6M401.1M382.4M401.5M
Accumulated Other Comprehensive Income116K350K390K(73K)(82K)(77.9K)
Short Term Debt4.8M5.2M5.5M6.5M7.1M9.8M
Intangible Assets10.1M8.6M1.9M31.3M23.6M24.8M
Common Stock35K38K39K40K41K30.5K
Property Plant Equipment10.5M14.6M49.5M5.5M6.3M9.4M
Short Long Term Debt Total39.1M46.6M41.4M106.8M103.2M53.8M
Inventory5.5M16.1M22.9M1.00.90.86
Net Tangible Assets511.2M830.1M747.6M914.2M1.1B1.1B
Retained Earnings Total Equity271.9M316.2M193.2M73.8M84.9M101.3M
Capital Surpluse455.2M721.0M755.9M777.2M893.8M472.6M
Deferred Long Term Liab64.1M72.3M50.8M32.4M37.2M26.0M

Currently Active Assets on Macroaxis

When determining whether eHealth offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of EHealth's 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 Ehealth Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Ehealth Stock:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in eHealth. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate.
For more detail on how to invest in EHealth Stock please use our How to Invest in EHealth guide.
You can also try the Portfolio Comparator module to compare the composition, asset allocations and performance of any two portfolios in your account.

Complementary Tools for EHealth Stock analysis

When running EHealth's price analysis, check to measure EHealth's 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 EHealth is operating at the current time. Most of EHealth's value examination focuses on studying past and present price action to predict the probability of EHealth's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move EHealth's price. Additionally, you may evaluate how the addition of EHealth to your portfolios can decrease your overall portfolio volatility.
AI Portfolio Architect
Use AI to generate optimal portfolios and find profitable investment opportunities
Companies Directory
Evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals
USA ETFs
Find actively traded Exchange Traded Funds (ETF) in USA
My Watchlist Analysis
Analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like
Headlines Timeline
Stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity
Aroon Oscillator
Analyze current equity momentum using Aroon Oscillator and other momentum ratios
Price Transformation
Use Price Transformation models to analyze the depth of different equity instruments across global markets
ETF Categories
List of ETF categories grouped based on various criteria, such as the investment strategy or type of investments
Portfolio Rebalancing
Analyze risk-adjusted returns against different time horizons to find asset-allocation targets
Bollinger Bands
Use Bollinger Bands indicator to analyze target price for a given investing horizon
Price Exposure Probability
Analyze equity upside and downside potential for a given time horizon across multiple markets
Financial Widgets
Easily integrated Macroaxis content with over 30 different plug-and-play financial widgets
Portfolio Backtesting
Avoid under-diversification and over-optimization by backtesting your portfolios
Is EHealth's 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 EHealth. If investors know EHealth 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 EHealth 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
2.108
Earnings Share
(2.32)
Revenue Per Share
16.664
Quarterly Revenue Growth
0.261
Return On Assets
(0.01)
The market value of eHealth is measured differently than its book value, which is the value of EHealth that is recorded on the company's balance sheet. Investors also form their own opinion of EHealth's value that differs from its market value or its book value, called intrinsic value, which is EHealth'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 EHealth's market value can be influenced by many factors that don't directly affect EHealth'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 EHealth's value and its price as these two are different measures arrived at by different means. Investors typically determine if EHealth is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, EHealth'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.