Huadong Other Current Liab vs Accounts Payable Analysis

000963 Stock

32.63 0.25 0.77%

Huadong Medicine financial indicator trend analysis is much more than just examining Huadong Medicine latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Huadong Medicine is a good investment. Please check the relationship between Huadong Medicine Other Current Liab and its Accounts Payable accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Huadong Medicine Co. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

Other Current Liab vs Accounts Payable

Other Current Liab vs Accounts Payable Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Huadong Medicine Other Current Liab account and Accounts Payable. At this time, the significance of the direction appears to have no relationship.

The correlation between Huadong Medicine's Other Current Liab and Accounts Payable is 0.08. Overlapping area represents the amount of variation of Other Current Liab that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of Huadong Medicine Co, assuming nothing else is changed. The correlation between historical values of Huadong Medicine's Other Current Liab and Accounts Payable 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 Current Liab of Huadong Medicine Co are associated (or correlated) with its Accounts Payable. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accounts Payable has no effect on the direction of Other Current Liab i.e., Huadong Medicine's Other Current Liab and Accounts Payable go up and down completely randomly.

Correlation Coefficient

0.08

Relationship Direction	Positive
Relationship Strength	Insignificant

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Other Current Liab

Accounts Payable

An accounting item on the balance sheet that represents Huadong Medicine obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Huadong Medicine are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.

Most indicators from Huadong Medicine's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Huadong Medicine 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 Huadong Medicine Co. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

The current year's Selling General Administrative is expected to grow to about 6.1 B, whereas Tax Provision is forecasted to decline to about 543.9 M.

	2022	2023	2024	2025 (projected)
Operating Income	3.3B	3.8B	4.3B	4.5B
Total Revenue	37.7B	40.6B	46.7B	49.1B

Operating Income Total Revenue

Huadong Medicine fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Retained Earnings	Accounts Payable	Cash	Other Assets	Net Receivables	Short Term Investments	Inventory	Other Current Assets	Total Liab	Intangible Assets	Common Stock	Property Plant Equipment	Long Term Debt	Good Will	Net Tangible Assets	Deferred Long Term Liab	Long Term Investments	Short Long Term Debt	Total Current Assets	Short Term Debt	Non Current Assets Total
Total Assets		0.07	0.97	0.99	0.94	0.99	0.98	0.99	0.95	0.95	0.88	0.95	-0.04	0.97	0.98	0.94	0.98	0.25	0.96	0.89	-0.73	0.89	0.81	0.93	0.82	0.9
Other Current Liab	0.07		0.1	0.04	0.05	0.01	0.08	0.05	0.07	0.23	0.28	0.28	0.89	0.12	-0.06	0.22	0.17	0.22	0.03	0.31	-0.11	0.2	0.43	0.1	0.39	0.07
Total Current Liabilities	0.97	0.1		0.94	0.88	0.94	0.98	0.94	0.91	0.96	0.81	0.94	0.03	0.99	0.93	0.9	0.96	0.28	0.9	0.82	-0.7	0.83	0.75	0.86	0.75	0.84
Total Stockholder Equity	0.99	0.04	0.94		0.95	0.99	0.95	0.98	0.96	0.92	0.88	0.93	-0.09	0.93	0.98	0.95	0.98	0.18	0.97	0.91	-0.74	0.9	0.83	0.94	0.83	0.91
Other Liab	0.94	0.05	0.88	0.95		0.95	0.88	0.92	0.95	0.84	0.83	0.85	-0.09	0.89	0.97	0.91	0.92	0.17	0.98	0.84	-0.66	0.86	0.77	0.9	0.77	0.91
Retained Earnings	0.99	0.01	0.94	0.99	0.95		0.94	0.97	0.98	0.9	0.85	0.9	-0.13	0.93	0.98	0.94	0.98	0.13	0.98	0.89	-0.76	0.88	0.82	0.93	0.78	0.92
Accounts Payable	0.98	0.08	0.98	0.95	0.88	0.94		0.96	0.88	0.97	0.83	0.96	0.04	0.99	0.93	0.89	0.94	0.38	0.89	0.83	-0.66	0.85	0.73	0.88	0.78	0.82
Cash	0.99	0.05	0.94	0.98	0.92	0.97	0.96		0.94	0.94	0.86	0.93	-0.08	0.95	0.96	0.9	0.96	0.29	0.92	0.89	-0.68	0.87	0.81	0.93	0.81	0.87
Other Assets	0.95	0.07	0.91	0.96	0.95	0.98	0.88	0.94		0.83	0.79	0.84	-0.11	0.9	0.95	0.9	0.96	0.09	0.96	0.87	-0.76	0.83	0.84	0.9	0.73	0.92
Net Receivables	0.95	0.23	0.96	0.92	0.84	0.9	0.97	0.94	0.83		0.88	0.99	0.16	0.97	0.87	0.91	0.93	0.38	0.85	0.85	-0.64	0.87	0.78	0.86	0.84	0.78
Short Term Investments	0.88	0.28	0.81	0.88	0.83	0.85	0.83	0.86	0.79	0.88		0.92	0.12	0.82	0.82	0.94	0.88	0.26	0.85	0.89	-0.73	0.93	0.84	0.86	0.89	0.78
Inventory	0.95	0.28	0.94	0.93	0.85	0.9	0.96	0.93	0.84	0.99	0.92		0.19	0.95	0.87	0.93	0.94	0.37	0.86	0.89	-0.7	0.9	0.83	0.88	0.89	0.79
Other Current Assets	-0.04	0.89	0.03	-0.09	-0.09	-0.13	0.04	-0.08	-0.11	0.16	0.12	0.19		0.08	-0.16	0.07	0.03	0.44	-0.1	0.12	0.08	0.06	0.19	-0.03	0.26	-0.08
Total Liab	0.97	0.12	0.99	0.93	0.89	0.93	0.99	0.95	0.9	0.97	0.82	0.95	0.08		0.93	0.89	0.94	0.38	0.89	0.82	-0.66	0.83	0.73	0.86	0.75	0.83
Intangible Assets	0.98	-0.06	0.93	0.98	0.97	0.98	0.93	0.96	0.95	0.87	0.82	0.87	-0.16	0.93		0.91	0.94	0.18	0.98	0.84	-0.68	0.86	0.74	0.92	0.75	0.92
Common Stock	0.94	0.22	0.9	0.95	0.91	0.94	0.89	0.9	0.9	0.91	0.94	0.93	0.07	0.89	0.91		0.97	0.09	0.94	0.91	-0.81	0.94	0.88	0.9	0.88	0.87
Property Plant Equipment	0.98	0.17	0.96	0.98	0.92	0.98	0.94	0.96	0.96	0.93	0.88	0.94	0.03	0.94	0.94	0.97		0.15	0.95	0.92	-0.79	0.9	0.88	0.92	0.83	0.91
Long Term Debt	0.25	0.22	0.28	0.18	0.17	0.13	0.38	0.29	0.09	0.38	0.26	0.37	0.44	0.38	0.18	0.09	0.15		0.09	0.17	0.12	0.18	0.06	0.22	0.25	0.08
Good Will	0.96	0.03	0.9	0.97	0.98	0.98	0.89	0.92	0.96	0.85	0.85	0.86	-0.1	0.89	0.98	0.94	0.95	0.09		0.86	-0.74	0.88	0.8	0.91	0.79	0.93
Net Tangible Assets	0.89	0.31	0.82	0.91	0.84	0.89	0.83	0.89	0.87	0.85	0.89	0.89	0.12	0.82	0.84	0.91	0.92	0.17	0.86		-0.68	0.94	0.93	0.96	0.94	0.92
Deferred Long Term Liab	-0.73	-0.11	-0.7	-0.74	-0.66	-0.76	-0.66	-0.68	-0.76	-0.64	-0.73	-0.7	0.08	-0.66	-0.68	-0.81	-0.79	0.12	-0.74	-0.68		-0.71	-0.81	-0.64	-0.62	-0.65
Long Term Investments	0.89	0.2	0.83	0.9	0.86	0.88	0.85	0.87	0.83	0.87	0.93	0.9	0.06	0.83	0.86	0.94	0.9	0.18	0.88	0.94	-0.71		0.86	0.95	0.94	0.89
Short Long Term Debt	0.81	0.43	0.75	0.83	0.77	0.82	0.73	0.81	0.84	0.78	0.84	0.83	0.19	0.73	0.74	0.88	0.88	0.06	0.8	0.93	-0.81	0.86		0.82	0.89	0.81
Total Current Assets	0.93	0.1	0.86	0.94	0.9	0.93	0.88	0.93	0.9	0.86	0.86	0.88	-0.03	0.86	0.92	0.9	0.92	0.22	0.91	0.96	-0.64	0.95	0.82		0.89	0.96
Short Term Debt	0.82	0.39	0.75	0.83	0.77	0.78	0.78	0.81	0.73	0.84	0.89	0.89	0.26	0.75	0.75	0.88	0.83	0.25	0.79	0.94	-0.62	0.94	0.89	0.89		0.8
Non Current Assets Total	0.9	0.07	0.84	0.91	0.91	0.92	0.82	0.87	0.92	0.78	0.78	0.79	-0.08	0.83	0.92	0.87	0.91	0.08	0.93	0.92	-0.65	0.89	0.81	0.96	0.8

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Huadong Medicine Account Relationship Matchups

Huadong Medicine fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	24.2B	27.0B	31.2B	33.5B	38.5B	40.5B
Other Current Liab	1.8B	2.0B	2.3B	16.0M	18.4M	17.5M
Total Current Liabilities	8.6B	9.3B	10.2B	10.8B	12.4B	13.0B
Total Stockholder Equity	14.6B	16.6B	18.6B	21.0B	24.2B	25.4B
Other Liab	397.3M	200.7M	236.6M	569.4M	654.8M	687.6M
Retained Earnings	10.7B	12.6B	13.5B	15.7B	18.0B	19.0B
Accounts Payable	4.5B	4.5B	5.9B	6.1B	7.0B	7.4B
Cash	3.2B	4.0B	4.0B	4.7B	5.4B	5.6B
Other Assets	356.7M	334.3M	876.5M	1.1B	1.2B	1.3B
Net Receivables	6.1B	7.2B	7.2B	7.5B	8.6B	9.0B
Inventory	4.1B	4.0B	4.5B	4.3B	4.9B	5.2B
Other Current Assets	336.2M	316.0M	582.3M	59.9M	68.9M	65.4M
Total Liab	9.0B	10.1B	12.0B	11.9B	13.7B	14.4B
Intangible Assets	1.5B	2.2B	2.9B	3.3B	3.8B	4.0B
Property Plant Equipment	4.0B	4.7B	4.8B	5.0B	5.8B	6.1B
Long Term Debt	151.6M	139.2M	1.1B	520.8M	598.9M	489.6M
Net Tangible Assets	7.0B	9.4B	11.7B	12.2B	14.0B	9.0B
Deferred Long Term Liab	12.5M	12.3M	8.8M	12.4M	11.2M	10.1M
Short Long Term Debt	1.4B	1.2B	947.5M	822.4M	945.7M	808.2M
Total Current Assets	14.7B	15.5B	17.6B	18.5B	21.3B	15.5B
Non Current Assets Total	9.5B	11.5B	13.6B	15.0B	17.3B	9.6B
Non Currrent Assets Other	712.1M	911.1M	1.0B	1.6B	1.8B	1.9B
Non Current Liabilities Total	388.3M	789.5M	1.9B	1.1B	1.3B	1.1B
Non Current Liabilities Other	39.5M	39.1M	111.2M	84.4M	75.9M	72.1M
Net Invested Capital	16.2B	18.0B	20.6B	22.4B	25.7B	17.5B
Net Working Capital	6.0B	6.2B	7.4B	7.7B	8.8B	7.1B
Other Stockholder Equity	22.8M	(2.2M)	(47.8M)	(88.6M)	(79.7M)	(75.7M)
Property Plant And Equipment Net	4.7B	4.8B	5.0B	5.2B	6.0B	5.2B
Property Plant And Equipment Gross	6.3B	6.6B	5.0B	7.8B	9.0B	6.8B

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Balance Sheet is a snapshot of the financial position of Huadong Medicine at a specified time, usually calculated after every quarter, six months, or one year. Huadong Medicine Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Huadong Medicine and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Huadong currently owns. An asset can also be divided into two categories, current and non-current.

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Huadong Other Current Liab vs Accounts Payable Analysis

Other Current Liab vs Accounts Payable

Other Current Liab vs Accounts Payable Correlation Analysis

Correlation Coefficient

Other Current Liab

Accounts Payable

Huadong Medicine fundamental ratios Correlations

Huadong Medicine Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Huadong Medicine fundamental ratios Accounts

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COMPANY

Total Stockholder Equity	+ 0.99	Total Assets
Retained Earnings	+ 0.99	Total Assets
Cash	+ 0.99	Total Assets
Total Liab	+ 0.99	Total Current Liabilities
Retained Earnings	+ 0.99	Total Stockholder Equity
Total Liab	+ 0.99	Accounts Payable

Short Long Term Debt	- 0.81	Deferred Long Term Liab
Deferred Long Term Liab	- 0.81	Common Stock
Deferred Long Term Liab	- 0.79	Property Plant Equipment
Deferred Long Term Liab	- 0.76	Other Assets
Deferred Long Term Liab	- 0.76	Retained Earnings
Deferred Long Term Liab	- 0.74	Good Will