Jiangsu Net Working Capital vs Good Will Analysis

300753 Stock

16.88 1.08 6.01%

Jiangsu Apon financial indicator trend analysis is infinitely more than just investigating Jiangsu Apon Medical recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Jiangsu Apon Medical is a good investment. Please check the relationship between Jiangsu Apon Net Working Capital and its Good Will accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Jiangsu Apon Medical. 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.

Net Working Capital vs Good Will

Net Working Capital vs Good Will Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Jiangsu Apon Medical Net Working Capital account and Good Will. At this time, the significance of the direction appears to have fragmental relationship.

The correlation between Jiangsu Apon's Net Working Capital and Good Will is 0.49. Overlapping area represents the amount of variation of Net Working Capital that can explain the historical movement of Good Will in the same time period over historical financial statements of Jiangsu Apon Medical, assuming nothing else is changed. The correlation between historical values of Jiangsu Apon's Net Working Capital and Good Will 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 Working Capital of Jiangsu Apon Medical are associated (or correlated) with its Good Will. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Good Will has no effect on the direction of Net Working Capital i.e., Jiangsu Apon's Net Working Capital and Good Will go up and down completely randomly.

Correlation Coefficient

0.49

Relationship Direction	Positive
Relationship Strength	Weak

View All Relationships

Net Working Capital

Good Will

An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.

Most indicators from Jiangsu Apon's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Jiangsu Apon Medical 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 Jiangsu Apon Medical. 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 5.4 M, whereas Selling General Administrative is forecasted to decline to about 138 M.

	2022	2023	2024	2025 (projected)
Gross Profit	160.0M	276.7M	318.2M	249.4M
Total Revenue	323.8M	422.2M	485.5M	381.3M

Gross Profit Total Revenue

Jiangsu Apon fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Net Tangible Assets	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Net Receivables	Good Will	Inventory	Other Current Assets	Total Liab	Deferred Long Term Liab	Total Current Assets	Intangible Assets	Common Stock	Property Plant Equipment	Other Liab	Common Stock Shares Outstanding	Net Invested Capital	Net Working Capital	Capital Stock
Total Assets		-0.84	0.78	0.99	1.0	0.95	0.95	0.69	0.95	0.25	0.83	0.92	0.83	0.86	0.16	0.82	0.77	0.95	0.85	0.94	0.97	0.94	0.97	1.0	0.86	0.85
Other Current Liab	-0.84		-0.54	-0.85	-0.83	-0.83	-0.7	-0.65	-0.74	-0.26	-0.77	-0.79	-0.63	-0.65	-0.07	-0.58	-0.68	-0.84	-0.85	-0.73	-0.76	-0.83	-0.87	-0.85	-0.8	-0.69
Total Current Liabilities	0.78	-0.54		0.72	0.77	0.57	0.8	0.23	0.88	-0.11	0.73	0.86	0.77	0.82	-0.33	0.98	0.8	0.61	0.56	0.87	0.85	0.65	0.76	0.76	0.42	0.87
Total Stockholder Equity	0.99	-0.85	0.72		0.99	0.97	0.94	0.75	0.92	0.29	0.81	0.88	0.79	0.82	0.22	0.76	0.72	0.97	0.87	0.91	0.95	0.96	0.97	1.0	0.9	0.8
Net Tangible Assets	1.0	-0.83	0.77	0.99		0.95	0.96	0.72	0.93	0.29	0.81	0.9	0.79	0.83	0.16	0.8	0.72	0.96	0.86	0.92	0.96	0.95	0.97	0.99	0.87	0.81
Retained Earnings	0.95	-0.83	0.57	0.97	0.95		0.87	0.75	0.86	0.24	0.7	0.82	0.77	0.77	0.4	0.64	0.65	0.94	0.86	0.85	0.9	0.89	0.9	0.95	0.9	0.75
Accounts Payable	0.95	-0.7	0.8	0.94	0.96	0.87		0.73	0.88	0.3	0.8	0.81	0.73	0.78	0.04	0.81	0.7	0.93	0.83	0.87	0.92	0.93	0.93	0.95	0.83	0.76
Cash	0.69	-0.65	0.23	0.75	0.72	0.75	0.73		0.43	0.67	0.5	0.37	0.22	0.27	0.3	0.22	0.19	0.88	0.75	0.41	0.52	0.86	0.74	0.72	0.94	0.23
Non Current Assets Total	0.95	-0.74	0.88	0.92	0.93	0.86	0.88	0.43		0.01	0.82	0.97	0.95	0.96	0.09	0.93	0.88	0.8	0.73	0.99	0.99	0.8	0.89	0.93	0.66	0.96
Non Currrent Assets Other	0.25	-0.26	-0.11	0.29	0.29	0.24	0.3	0.67	0.01		0.35	-0.02	-0.09	-0.03	0.21	-0.1	-0.11	0.45	0.29	0.04	0.09	0.49	0.3	0.25	0.54	-0.15
Other Assets	0.83	-0.77	0.73	0.81	0.81	0.7	0.8	0.5	0.82	0.35		0.81	0.77	0.83	-0.11	0.8	0.89	0.76	0.68	0.81	0.79	0.82	0.86	0.83	0.67	0.81
Net Receivables	0.92	-0.79	0.86	0.88	0.9	0.82	0.81	0.37	0.97	-0.02	0.81		0.92	0.94	0.02	0.92	0.87	0.77	0.72	0.97	0.96	0.77	0.87	0.9	0.63	0.94
Good Will	0.83	-0.63	0.77	0.79	0.79	0.77	0.73	0.22	0.95	-0.09	0.77	0.92		0.99	0.2	0.88	0.9	0.63	0.56	0.95	0.91	0.62	0.74	0.81	0.49	0.96
Inventory	0.86	-0.65	0.82	0.82	0.83	0.77	0.78	0.27	0.96	-0.03	0.83	0.94	0.99		0.08	0.92	0.92	0.67	0.63	0.96	0.93	0.68	0.78	0.84	0.52	0.96
Other Current Assets	0.16	-0.07	-0.33	0.22	0.16	0.4	0.04	0.3	0.09	0.21	-0.11	0.02	0.2	0.08		-0.21	-0.14	0.21	0.02	0.11	0.14	0.13	0.07	0.18	0.34	0.02
Total Liab	0.82	-0.58	0.98	0.76	0.8	0.64	0.81	0.22	0.93	-0.1	0.8	0.92	0.88	0.92	-0.21		0.88	0.63	0.58	0.93	0.9	0.66	0.78	0.8	0.44	0.94
Deferred Long Term Liab	0.77	-0.68	0.8	0.72	0.72	0.65	0.7	0.19	0.88	-0.11	0.89	0.87	0.9	0.92	-0.14	0.88		0.58	0.58	0.86	0.81	0.62	0.76	0.76	0.45	0.94
Total Current Assets	0.95	-0.84	0.61	0.97	0.96	0.94	0.93	0.88	0.8	0.45	0.76	0.77	0.63	0.67	0.21	0.63	0.58		0.89	0.79	0.86	0.99	0.96	0.96	0.97	0.65
Intangible Assets	0.85	-0.85	0.56	0.87	0.86	0.86	0.83	0.75	0.73	0.29	0.68	0.72	0.56	0.63	0.02	0.58	0.58	0.89		0.71	0.77	0.85	0.84	0.85	0.82	0.61
Common Stock	0.94	-0.73	0.87	0.91	0.92	0.85	0.87	0.41	0.99	0.04	0.81	0.97	0.95	0.96	0.11	0.93	0.86	0.79	0.71		0.98	0.79	0.88	0.92	0.65	0.96
Property Plant Equipment	0.97	-0.76	0.85	0.95	0.96	0.9	0.92	0.52	0.99	0.09	0.79	0.96	0.91	0.93	0.14	0.9	0.81	0.86	0.77	0.98		0.85	0.91	0.96	0.73	0.91
Other Liab	0.94	-0.83	0.65	0.96	0.95	0.89	0.93	0.86	0.8	0.49	0.82	0.77	0.62	0.68	0.13	0.66	0.62	0.99	0.85	0.79	0.85		0.97	0.95	0.95	0.66
Common Stock Shares Outstanding	0.97	-0.87	0.76	0.97	0.97	0.9	0.93	0.74	0.89	0.3	0.86	0.87	0.74	0.78	0.07	0.78	0.76	0.96	0.84	0.88	0.91	0.97		0.98	0.89	0.81
Net Invested Capital	1.0	-0.85	0.76	1.0	0.99	0.95	0.95	0.72	0.93	0.25	0.83	0.9	0.81	0.84	0.18	0.8	0.76	0.96	0.85	0.92	0.96	0.95	0.98		0.88	0.84
Net Working Capital	0.86	-0.8	0.42	0.9	0.87	0.9	0.83	0.94	0.66	0.54	0.67	0.63	0.49	0.52	0.34	0.44	0.45	0.97	0.82	0.65	0.73	0.95	0.89	0.88		0.5
Capital Stock	0.85	-0.69	0.87	0.8	0.81	0.75	0.76	0.23	0.96	-0.15	0.81	0.94	0.96	0.96	0.02	0.94	0.94	0.65	0.61	0.96	0.91	0.66	0.81	0.84	0.5

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Jiangsu Apon Account Relationship Matchups

Jiangsu Apon fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	827.2M	899.1M	870.2M	859.6M	988.5M	760.3M
Other Current Liab	13.2M	11.9M	36.8M	545.5K	491.0K	466.4K
Total Current Liabilities	85.2M	76.6M	147.1M	129.9M	149.4M	97.5M
Total Stockholder Equity	739.5M	779.6M	685.6M	696.2M	800.6M	643.0M
Net Tangible Assets	555.9M	615.3M	668.0M	677.0M	778.5M	533.3M
Retained Earnings	283.6M	306.0M	188.1M	197.0M	226.5M	199.7M
Accounts Payable	31.4M	27.8M	46.9M	29.9M	34.4M	28.1M
Cash	388.6M	274.7M	249.3M	200.9M	231.0M	313.7M
Non Current Assets Total	303.9M	414.9M	424.8M	417.3M	479.9M	294.4M
Non Currrent Assets Other	1.2M	3.7M	781.4K	144.9K	130.4K	123.8K
Other Assets	20.9M	8.0M	4.8M	20.1M	23.1M	24.2M
Net Receivables	79.2M	130.9M	110.8M	148.4M	170.7M	93.7M
Non Current Liabilities Total	2.2M	42.0M	36.7M	32.5M	37.4M	39.2M
Inventory	31.7M	67.4M	61.0M	55.7M	64.0M	43.2M
Other Current Assets	9.4M	11.2M	1.5M	1.9M	2.1M	2.0M
Total Liab	87.4M	118.5M	183.9M	162.4M	186.7M	113.9M
Deferred Long Term Liab	1.5M	929.1K	1.5M	7.6M	8.8M	9.2M
Total Current Assets	523.3M	484.2M	445.4M	442.3M	508.6M	465.9M
Intangible Assets	37.7M	33.2M	35.6M	34.0M	39.1M	36.6M
Property Plant Equipment	99.2M	143.7M	168.6M	212.8M	244.7M	128.6M
Other Liab	2.6M	2.5M	2.2M	2.1M	2.4M	2.2M
Net Invested Capital	739.5M	779.6M	715.0M	735.4M	845.8M	710.5M
Net Working Capital	438.1M	407.6M	298.3M	312.4M	359.3M	399.6M
Property Plant And Equipment Net	168.6M	212.8M	207.0M	212.8M	244.7M	207.9M
Property Plant And Equipment Gross	195.2M	247.4M	249.2M	265.8M	305.7M	247.1M

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Balance Sheet is a snapshot of the financial position of Jiangsu Apon Medical at a specified time, usually calculated after every quarter, six months, or one year. Jiangsu Apon Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Jiangsu Apon 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 Jiangsu currently owns. An asset can also be divided into two categories, current and non-current.

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Jiangsu Net Working Capital vs Good Will Analysis

Net Working Capital vs Good Will

Net Working Capital vs Good Will Correlation Analysis

Correlation Coefficient

Net Working Capital

Good Will

Jiangsu Apon fundamental ratios Correlations

Jiangsu Apon Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Jiangsu Apon fundamental ratios Accounts

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Net Tangible Assets	+ 1.0	Total Assets
Net Invested Capital	+ 1.0	Total Assets
Net Invested Capital	+ 1.0	Total Stockholder Equity
Total Stockholder Equity	+ 0.99	Total Assets
Net Tangible Assets	+ 0.99	Total Stockholder Equity
Net Invested Capital	+ 0.99	Net Tangible Assets

Common Stock Shares Outstanding	- 0.87	Other Current Liab
Net Invested Capital	- 0.85	Other Current Liab
Intangible Assets	- 0.85	Other Current Liab
Total Stockholder Equity	- 0.85	Other Current Liab
Total Current Assets	- 0.84	Other Current Liab
Other Current Liab	- 0.84	Total Assets