SunLink Other Assets vs Other Liab Analysis

SSY Stock  USD 0.71  0.01  1.43%   
SunLink Health financial indicator trend analysis is much more than just breaking down SunLink Health Systems prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether SunLink Health Systems is a good investment. Please check the relationship between SunLink Health Other Assets and its Other Liab accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in SunLink Health Systems. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.

Other Assets vs Other Liab

Other Assets vs Other Liab Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of SunLink Health Systems Other Assets account and Other Liab. At this time, the significance of the direction appears to have strong relationship.
The correlation between SunLink Health's Other Assets and Other Liab is 0.65. Overlapping area represents the amount of variation of Other Assets that can explain the historical movement of Other Liab in the same time period over historical financial statements of SunLink Health Systems, assuming nothing else is changed. The correlation between historical values of SunLink Health's Other Assets and Other Liab is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Assets of SunLink Health Systems are associated (or correlated) with its Other Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Liab has no effect on the direction of Other Assets i.e., SunLink Health's Other Assets and Other Liab go up and down completely randomly.

Correlation Coefficient

0.65
Relationship DirectionPositive 
Relationship StrengthSignificant

Other Assets

Other Liab

Most indicators from SunLink Health's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into SunLink Health Systems 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 SunLink Health Systems. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.
Selling General Administrative is likely to rise to about 30.3 M in 2024, despite the fact that Discontinued Operations is likely to grow to (119.7 K).
 2021 2023 2024 (projected)
Total Revenue41.3M43.2M78.5M
Interest Expense15K13.5K12.8K

SunLink Health fundamental ratios Correlations

0.930.340.810.580.810.880.77-0.60.830.45-0.580.610.480.840.290.730.30.90.650.670.690.710.650.860.62
0.930.320.850.340.70.70.55-0.570.690.39-0.50.370.480.610.20.60.350.940.530.730.80.620.660.790.46
0.340.320.62-0.28-0.160.250.21-0.46-0.16-0.07-0.420.71-0.560.310.96-0.24-0.750.590.87-0.070.53-0.370.040.07-0.16
0.810.850.620.060.40.660.34-0.590.450.5-0.540.550.10.550.540.45-0.050.960.750.670.770.310.410.670.29
0.580.34-0.280.060.750.680.84-0.120.840.27-0.180.410.70.72-0.230.750.580.170.120.38-0.090.830.390.540.7
0.810.7-0.160.40.750.780.76-0.450.920.34-0.480.310.70.72-0.150.80.590.530.210.590.470.880.740.860.65
0.880.70.250.660.680.780.76-0.680.880.62-0.720.720.460.930.30.820.220.70.550.590.430.740.490.860.73
0.770.550.210.340.840.760.76-0.390.750.09-0.420.710.410.830.230.560.220.480.540.30.320.640.540.590.56
-0.6-0.57-0.46-0.59-0.12-0.45-0.68-0.39-0.45-0.40.99-0.48-0.08-0.54-0.47-0.30.11-0.65-0.4-0.26-0.65-0.3-0.58-0.59-0.38
0.830.69-0.160.450.840.920.880.75-0.450.58-0.480.390.760.82-0.150.930.630.550.230.650.310.960.610.850.82
0.450.39-0.070.50.270.340.620.09-0.40.58-0.430.210.420.460.00.70.310.420.130.570.150.560.10.550.69
-0.58-0.5-0.42-0.54-0.18-0.48-0.72-0.420.99-0.48-0.43-0.53-0.08-0.58-0.47-0.340.13-0.59-0.4-0.23-0.59-0.32-0.54-0.6-0.42
0.610.370.710.550.410.310.720.71-0.480.390.21-0.53-0.140.780.770.31-0.40.540.880.160.290.170.140.410.32
0.480.48-0.560.10.70.70.460.41-0.080.760.42-0.08-0.140.37-0.560.750.930.2-0.230.630.060.890.390.590.67
0.840.610.310.550.720.720.930.83-0.540.820.46-0.580.780.370.350.730.130.640.620.360.340.670.410.750.75
0.290.20.960.54-0.23-0.150.30.23-0.47-0.150.0-0.470.77-0.560.35-0.22-0.790.490.86-0.120.44-0.36-0.060.07-0.09
0.730.6-0.240.450.750.80.820.56-0.30.930.7-0.340.310.750.73-0.220.630.480.170.740.170.90.420.860.78
0.30.35-0.75-0.050.580.590.220.220.110.630.310.13-0.40.930.13-0.790.630.04-0.460.55-0.040.80.390.410.5
0.90.940.590.960.170.530.70.48-0.650.550.42-0.590.540.20.640.490.480.040.730.610.840.410.560.720.38
0.650.530.870.750.120.210.550.54-0.40.230.13-0.40.88-0.230.620.860.17-0.460.730.250.560.020.140.40.14
0.670.73-0.070.670.380.590.590.3-0.260.650.57-0.230.160.630.36-0.120.740.550.610.250.410.670.370.740.34
0.690.80.530.77-0.090.470.430.32-0.650.310.15-0.590.290.060.340.440.17-0.040.840.560.410.210.630.580.16
0.710.62-0.370.310.830.880.740.64-0.30.960.56-0.320.170.890.67-0.360.90.80.410.020.670.210.530.770.81
0.650.660.040.410.390.740.490.54-0.580.610.1-0.540.140.390.41-0.060.420.390.560.140.370.630.530.580.29
0.860.790.070.670.540.860.860.59-0.590.850.55-0.60.410.590.750.070.860.410.720.40.740.580.770.580.65
0.620.46-0.160.290.70.650.730.56-0.380.820.69-0.420.320.670.75-0.090.780.50.380.140.340.160.810.290.65
Click cells to compare fundamentals

SunLink Health Account Relationship Matchups

SunLink Health fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets28.0M31.6M27.9M23.3M56.5M42.4M
Short Long Term Debt Total4.3M4.3M1.3M1.1M23.7M11.9M
Other Current Liab4.2M4.7M5.4M2.6M12.7M7.2M
Total Current Liabilities11.4M9.7M7.7M4.9M28.2M16.5M
Total Stockholder Equity13.7M20.8M19.1M17.4M9.6M9.1M
Property Plant And Equipment Net6.3M7.8M9.4M9.3M10.7M20.7M
Net Debt(6.9M)(5.6M)(5.5M)(3.4M)(3.1M)(2.9M)
Retained Earnings(82K)6.8M4.8M3.0M3.5M3.4M
Cash11.2M10.0M6.8M4.5M3.3M4.1M
Non Current Assets Total8.0M9.6M11.1M11.0M12.6M12.0M
Non Currrent Assets Other500K591K523K489K440.1K418.1K
Cash And Short Term Investments11.2M10.0M6.8M4.5M5.2M4.1M
Net Receivables4.3M7.8M6.4M4.3M3.8M3.6M
Common Stock Shares Outstanding7.0M7.0M6.9M7.0M8.1M7.2M
Liabilities And Stockholders Equity28.0M31.6M27.9M23.3M20.9M19.9M
Non Current Liabilities Total2.8M1.1M1.1M983K884.7K840.5K
Inventory1.9M1.9M1.7M1.8M4.7M5.0M
Other Current Assets2.6M2.3M1.9M1.8M1.7M1.6M
Other Stockholder Equity10.7M10.7M10.7M10.7M12.4M10.4M
Total Liab14.2M10.8M8.8M5.9M46.9M26.6M
Total Current Assets19.9M21.9M16.8M12.3M24.9M22.4M
Short Term Debt1.8M3.4M392K409K6.3M3.7M
Accounts Payable872K1.1M1.3M1.8M9.2M9.6M
Intangible Assets1.3M1.2M1.2M1.2M1.5M1.4M
Property Plant And Equipment Gross6.3M7.8M25.1M25.2M30.2M26.1M
Accumulated Other Comprehensive Income(339K)(162K)106K150K(6.0M)(5.7M)
Other Liab248K162K261K309K1.3M2.0M
Other Assets500K591K523K489K241K229.0K
Long Term Debt1.9M52K14K17.3M15.6M10.0M
Common Stock Total Equity3.7M3.5M3.5M3.5M2.9M4.0M
Common Stock3.5M3.5M3.5M3.5M3.5M3.9M
Property Plant Equipment6.3M7.8M9.4M9.3M30.2M20.4M
Net Tangible Assets12.5M19.6M17.9M16.2M14.6M17.8M
Capital Surpluse10.7M10.7M10.7M10.7M9.7M9.8M
Non Current Liabilities Other248K162K192K240K216K205.2K
Short Long Term Debt2.8M1.4M3.0M40K36K34.2K

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