Mednax Cost Of Revenue vs Operating Income Analysis

MD Stock  USD 8.22  0.05  0.61%   
Mednax financial indicator trend analysis is infinitely more than just investigating Mednax Inc recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Mednax Inc is a good investment. Please check the relationship between Mednax Cost Of Revenue and its Operating Income accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Mednax Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in unemployment.

Cost Of Revenue vs Operating Income

Cost Of Revenue vs Operating Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Mednax Inc Cost Of Revenue account and Operating Income. At this time, the significance of the direction appears to have strong relationship.
The correlation between Mednax's Cost Of Revenue and Operating Income is 0.65. Overlapping area represents the amount of variation of Cost Of Revenue that can explain the historical movement of Operating Income in the same time period over historical financial statements of Mednax Inc, assuming nothing else is changed. The correlation between historical values of Mednax's Cost Of Revenue 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 Cost Of Revenue of Mednax Inc 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 Cost Of Revenue i.e., Mednax's Cost Of Revenue and Operating Income go up and down completely randomly.

Correlation Coefficient

0.65
Relationship DirectionPositive 
Relationship StrengthSignificant

Cost Of Revenue

Cost of Revenue is found on Mednax Inc income statement and represents the costs associated with goods and services Mednax provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.

Operating Income

Operating Income is the amount of profit realized from Mednax Inc 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 Mednax Inc 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 Mednax's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Mednax Inc 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 Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Mednax Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in unemployment.
At present, Mednax's Discontinued Operations is projected to decrease significantly based on the last few years of reporting. The current year's Issuance Of Capital Stock is expected to grow to about 6.9 M, whereas Sales General And Administrative To Revenue is forecasted to decline to 0.11.
 2021 2022 2023 2024 (projected)
Gross Profit513.2M467.0M421.6M542.2M
Total Revenue1.9B2.0B2.0B1.5B

Mednax fundamental ratios Correlations

0.790.540.640.86-0.160.860.740.80.00.98-0.09-0.010.950.590.850.220.820.850.10.42-0.260.670.710.630.22
0.790.080.560.38-0.320.920.250.740.370.70.190.370.780.10.99-0.060.650.990.260.670.00.550.570.730.48
0.540.080.220.770.10.30.70.04-0.520.63-0.22-0.490.480.520.14-0.040.40.150.22-0.25-0.150.360.350.34-0.35
0.640.560.220.450.390.530.280.450.160.58-0.460.160.710.620.60.40.80.640.250.490.330.590.60.560.31
0.860.380.770.450.030.550.950.58-0.340.91-0.3-0.350.780.750.450.350.630.46-0.080.03-0.450.490.530.31-0.05
-0.16-0.320.10.390.03-0.290.05-0.4-0.14-0.13-0.92-0.14-0.160.22-0.310.32-0.1-0.3-0.07-0.170.3-0.34-0.34-0.24-0.16
0.860.920.30.530.55-0.290.450.68-0.020.840.09-0.020.890.150.92-0.180.630.920.240.35-0.070.530.550.690.52
0.740.250.70.280.950.050.450.52-0.430.82-0.37-0.440.650.650.310.330.430.31-0.3-0.12-0.630.30.340.06-0.09
0.80.740.040.450.58-0.40.680.520.30.720.150.270.750.440.780.360.640.78-0.120.59-0.440.590.640.380.36
0.00.37-0.520.16-0.34-0.14-0.02-0.430.3-0.20.271.0-0.14-0.110.350.290.170.350.080.90.150.150.160.230.0
0.980.70.630.580.91-0.130.840.820.72-0.2-0.14-0.210.950.590.760.160.750.760.070.23-0.30.610.650.560.2
-0.090.19-0.22-0.46-0.3-0.920.09-0.370.150.27-0.140.28-0.08-0.40.16-0.4-0.040.150.310.2-0.060.220.20.230.15
-0.010.37-0.490.16-0.35-0.14-0.02-0.440.271.0-0.210.28-0.14-0.120.350.270.180.340.140.90.170.160.170.250.0
0.950.780.480.710.78-0.160.890.650.75-0.140.95-0.08-0.140.550.820.10.830.840.180.31-0.10.710.740.670.4
0.590.10.520.620.750.220.150.650.44-0.110.59-0.4-0.120.550.20.690.740.25-0.120.18-0.160.560.580.23-0.22
0.850.990.140.60.45-0.310.920.310.780.350.760.160.350.820.20.00.721.00.230.68-0.020.620.640.750.43
0.22-0.06-0.040.40.350.32-0.180.330.360.290.16-0.40.270.10.690.00.360.03-0.360.37-0.340.140.18-0.23-0.1
0.820.650.40.80.63-0.10.630.430.640.170.75-0.040.180.830.740.720.360.760.230.550.090.860.860.740.11
0.850.990.150.640.46-0.30.920.310.780.350.760.150.340.840.251.00.030.760.250.680.00.660.680.770.44
0.10.260.220.25-0.08-0.070.24-0.3-0.120.080.070.310.140.18-0.120.23-0.360.230.250.20.570.280.220.610.29
0.420.67-0.250.490.03-0.170.35-0.120.590.90.230.20.90.310.180.680.370.550.680.20.10.470.490.510.16
-0.260.0-0.150.33-0.450.3-0.07-0.63-0.440.15-0.3-0.060.17-0.1-0.16-0.02-0.340.090.00.570.10.090.050.430.09
0.670.550.360.590.49-0.340.530.30.590.150.610.220.160.710.560.620.140.860.660.280.470.090.990.70.08
0.710.570.350.60.53-0.340.550.340.640.160.650.20.170.740.580.640.180.860.680.220.490.050.990.690.08
0.630.730.340.560.31-0.240.690.060.380.230.560.230.250.670.230.75-0.230.740.770.610.510.430.70.690.15
0.220.48-0.350.31-0.05-0.160.52-0.090.360.00.20.150.00.4-0.220.43-0.10.110.440.290.160.090.080.080.15
Click cells to compare fundamentals

Mednax Account Relationship Matchups

Mednax fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets4.1B3.3B2.7B2.3B2.2B2.2B
Short Long Term Debt Total1.8B1.8B1.1B753.6M701.6M521.4M
Other Current Liab(23.4M)(21.2M)(22.2M)200.0M350.8M368.3M
Total Current Liabilities511.9M423.2M394.1M374.2M388.9M284.3M
Total Stockholder Equity1.5B747.7M896.7M891.6M849.1M1.2B
Property Plant And Equipment Net82.8M56.0M65.5M66.9M145.9M285.9M
Net Debt1.7B680.9M678.4M743.7M628.4M431.5M
Retained Earnings510.2M(286.4M)(155.4M)(89.1M)(149.5M)(142.0M)
Accounts Payable511.9M423.2M394.1M31.9M34.6M32.9M
Cash112.8M1.1B387.4M9.8M73.3M89.9M
Non Current Assets Total3.5B1.8B2.0B2.0B1.7B1.9B
Non Currrent Assets Other(162.4M)107.4M(88.3M)(105.9M)82.2M86.3M
Cash And Short Term Investments112.8M1.2B387.4M9.8M177.7M106.1M
Net Receivables498.9M241.9M301.8M296.8M279.9M228.1M
Common Stock Shares Outstanding83.5M83.4M85.8M84.1M82.2M77.1M
Liabilities And Stockholders Equity4.1B3.3B2.7B2.3B2.2B2.2B
Non Current Liabilities Total2.1B2.2B1.4B1.1B981.8M731.0M
Other Current Assets45.4M78.7M51.7M28.1M12.3M11.7M
Other Stockholder Equity987.9M1.0B1.0B983.6M999.9M695.6M
Total Liab2.6B2.6B1.8B1.5B1.4B982.2M
Property Plant And Equipment Gross177.3M132.2M70.2M73.3M288.6M303.1M
Total Current Assets657.0M1.5B740.8M334.8M483.5M382.4M
Accumulated Other Comprehensive Income78K3.5M1.3M(3.7M)(2.2M)(2.3M)
Short Term Debt23.4M21.2M22.2M36.5M36.0M37.8M
Common Stock Total Equity842K856K864K829K953.4K643.9K
Common Stock842K856K864K829K840K655.1K
Other Liab330.2M372.4M365.9M348.7M401.0M421.0M
Other Assets1.8B217.8M219.4M229.1M263.5M212.4M
Intangible Assets274.4M26.6M21.6M18.5M21.2M20.2M
Property Plant Equipment129.1M76.2M70.2M73.3M84.3M64.4M
Long Term Debt1.7B1.7B1.0B636.4M611.6M643.8M
Good Will3.1B1.7B1.8B1.8B1.4B2.2B
Short Term Investments74.5M104.9M99.7M93.2M104.5M109.7M
Net Tangible Assets(9.4M)(757.1M)896.5M891.6M1.0B1.1B
Long Term Debt Total1.7B1.7B1.0B636.4M731.8M1.1B

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When determining whether Mednax Inc is a strong investment it is important to analyze Mednax'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 Mednax's future performance. For an informed investment choice regarding Mednax Stock, refer to the following important reports:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Mednax Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in unemployment.
Note that the Mednax Inc information on this page should be used as a complementary analysis to other Mednax's 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 Global Markets Map module to get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes.

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When running Mednax's price analysis, check to measure Mednax'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 Mednax is operating at the current time. Most of Mednax's value examination focuses on studying past and present price action to predict the probability of Mednax's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Mednax's price. Additionally, you may evaluate how the addition of Mednax to your portfolios can decrease your overall portfolio volatility.
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Is Mednax'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 Mednax. If investors know Mednax 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 Mednax 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
(0.71)
Earnings Share
(0.12)
Revenue Per Share
24.244
Quarterly Revenue Growth
0.008
Return On Assets
0.0424
The market value of Mednax Inc is measured differently than its book value, which is the value of Mednax that is recorded on the company's balance sheet. Investors also form their own opinion of Mednax's value that differs from its market value or its book value, called intrinsic value, which is Mednax'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 Mednax's market value can be influenced by many factors that don't directly affect Mednax'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 Mednax's value and its price as these two are different measures arrived at by different means. Investors typically determine if Mednax is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Mednax'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.