002950 Stock | | | 8.99 0.11 1.21% |
Allmed Medical financial indicator trend analysis is way more than just evaluating Allmed Medical Products prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Allmed Medical Products is a good investment. Please check the relationship between Allmed Medical Short Term Debt and its Intangible Assets accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Allmed Medical Products. 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.
Short Term Debt vs Intangible Assets
Short Term Debt vs Intangible Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Allmed Medical Products Short Term Debt account and
Intangible Assets. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Allmed Medical's Short Term Debt and Intangible Assets is 0.83. Overlapping area represents the amount of variation of Short Term Debt that can explain the historical movement of Intangible Assets in the same time period over historical financial statements of Allmed Medical Products, assuming nothing else is changed. The correlation between historical values of Allmed Medical's Short Term Debt and Intangible Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Term Debt of Allmed Medical Products are associated (or correlated) with its Intangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Intangible Assets has no effect on the direction of Short Term Debt i.e., Allmed Medical's Short Term Debt and Intangible Assets go up and down completely randomly.
Correlation Coefficient | 0.83 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Short Term Debt
Intangible Assets
Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.
Most indicators from Allmed Medical's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Allmed Medical Products 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 Allmed Medical Products. 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
Tax Provision is expected to grow to about 84.1
M. The current year's
Selling General Administrative is expected to grow to about 151.3
MAllmed Medical fundamental ratios Correlations
Click cells to compare fundamentals
Allmed Medical Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Allmed Medical fundamental ratios Accounts
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Other Information on Investing in Allmed Stock
Balance Sheet is a snapshot of the
financial position of Allmed Medical Products at a specified time, usually calculated after every quarter, six months, or one year. Allmed Medical Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Allmed Medical 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 Allmed currently owns. An asset can also be divided into two categories, current and non-current.