Winner Total Assets vs Total Current Liabilities Analysis

300888 Stock   38.73  0.03  0.08%   
Winner Medical Co financial indicator trend analysis is more than just analyzing Winner Medical Co current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Winner Medical Co is a good investment. Please check the relationship between Winner Medical Co Total Assets and its Total Current Liabilities accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Winner Medical 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.

Total Assets vs Total Current Liabilities

Total Assets vs Total Current Liabilities Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Winner Medical Co Total Assets account and Total Current Liabilities. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Winner Medical Co's Total Assets and Total Current Liabilities is 0.96. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Total Current Liabilities in the same time period over historical financial statements of Winner Medical Co, assuming nothing else is changed. The correlation between historical values of Winner Medical Co's Total Assets and Total Current Liabilities is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Assets of Winner Medical Co are associated (or correlated) with its Total Current Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Liabilities has no effect on the direction of Total Assets i.e., Winner Medical Co's Total Assets and Total Current Liabilities go up and down completely randomly.

Correlation Coefficient

0.96
Relationship DirectionPositive 
Relationship StrengthVery Strong

Total Assets

Total assets refers to the total amount of Winner Medical Co assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Winner Medical Co books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Total Current Liabilities

Total Current Liabilities is an item on Winner Medical Co balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Winner Medical Co are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.
Most indicators from Winner Medical Co's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Winner Medical Co 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 Winner Medical 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 Tax Provision is expected to grow to about 222.6 M, whereas Selling General Administrative is forecasted to decline to about 1.5 B.
 2022 2023 2024 2025 (projected)
Gross Profit5.4B4.0B4.6B3.9B
Total Revenue11.4B8.2B9.4B7.5B

Winner Medical Co fundamental ratios Correlations

0.520.960.990.890.971.00.910.930.840.840.950.80.850.950.850.20.90.740.850.980.820.840.940.860.83
0.520.480.550.250.590.560.220.440.150.330.480.520.140.520.19-0.340.340.40.420.620.420.170.340.2-0.02
0.960.480.910.890.870.930.930.860.870.790.90.750.830.880.870.410.930.660.820.910.750.890.860.880.8
0.990.550.910.860.991.00.880.940.80.840.950.80.830.950.820.080.870.750.831.00.830.790.940.820.8
0.890.250.890.860.810.870.870.940.990.740.830.70.970.830.970.480.990.620.850.840.770.990.90.980.83
0.970.590.870.990.810.990.830.930.740.830.940.80.780.950.76-0.030.810.770.810.990.830.720.920.770.75
1.00.560.931.00.870.990.890.940.820.840.960.820.840.960.830.120.880.770.850.990.840.810.930.840.79
0.910.220.930.880.870.830.890.830.880.850.920.770.860.890.90.40.890.740.750.850.790.870.880.890.91
0.930.440.860.940.940.930.940.830.890.810.890.750.910.90.890.170.930.710.860.940.830.880.940.90.78
0.840.150.870.80.990.740.820.880.890.740.810.680.970.80.990.560.980.630.830.780.770.990.861.00.83
0.840.330.790.840.740.830.840.850.810.740.910.630.760.90.760.020.770.760.830.820.750.70.820.780.73
0.950.480.90.950.830.940.960.920.890.810.910.870.830.990.860.110.860.890.850.940.910.780.90.850.78
0.80.520.750.80.70.80.820.770.750.680.630.870.70.890.770.10.750.920.660.80.930.650.750.710.57
0.850.140.830.830.970.780.840.860.910.970.760.830.70.840.960.430.940.690.890.80.790.950.880.980.83
0.950.520.880.950.830.950.960.890.90.80.90.990.890.840.850.060.860.90.880.950.910.770.90.840.73
0.850.190.870.820.970.760.830.90.890.990.760.860.770.960.850.510.970.730.810.80.850.970.870.990.82
0.2-0.340.410.080.48-0.030.120.40.170.560.020.110.10.430.060.510.47-0.050.190.050.110.610.190.50.41
0.90.340.930.870.990.810.880.890.930.980.770.860.750.940.860.970.470.670.870.860.80.980.880.980.78
0.740.40.660.750.620.770.770.740.710.630.760.890.920.690.90.73-0.050.670.70.740.950.570.720.690.55
0.850.420.820.830.850.810.850.750.860.830.830.850.660.890.880.810.190.870.70.830.720.820.80.870.63
0.980.620.911.00.840.990.990.850.940.780.820.940.80.80.950.80.050.860.740.830.820.770.920.80.75
0.820.420.750.830.770.830.840.790.830.770.750.910.930.790.910.850.110.80.950.720.820.720.820.810.64
0.840.170.890.790.990.720.810.870.880.990.70.780.650.950.770.970.610.980.570.820.770.720.840.980.81
0.940.340.860.940.90.920.930.880.940.860.820.90.750.880.90.870.190.880.720.80.920.820.840.880.89
0.860.20.880.820.980.770.840.890.91.00.780.850.710.980.840.990.50.980.690.870.80.810.980.880.81
0.83-0.020.80.80.830.750.790.910.780.830.730.780.570.830.730.820.410.780.550.630.750.640.810.890.81
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Winner Medical Co Account Relationship Matchups

Winner Medical Co fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets13.0B13.3B18.2B17.1B19.7B10.4B
Other Current Liab1.3B816.2M1.5B19.7M22.7M21.5M
Total Current Liabilities2.4B2.1B5.5B4.3B4.9B2.6B
Total Stockholder Equity10.5B10.7B11.7B11.5B13.3B7.4B
Other Liab46.7M107.1M123.0M241.0M277.2M291.1M
Net Tangible Assets3.0B10.2B10.4B9.6B11.1B6.2B
Retained Earnings5.5B6.0B7.2B6.6B7.6B4.1B
Accounts Payable756.0M770.7M1.1B1.4B1.6B904.7M
Cash4.2B4.3B4.5B4.7B5.4B5.7B
Non Current Assets Total2.0B2.9B6.1B6.6B7.5B7.9B
Non Currrent Assets Other63.8M115.6M83.5M104.9M120.6M77.1M
Other Assets253.8M328.3M413.1M422.0M485.3M309.5M
Net Receivables844.3M775.5M932.6M768.6M883.9M781.1M
Non Current Liabilities Total107.1M504.8M567.5M730.7M840.3M882.3M
Inventory1.2B1.6B1.6B1.4B1.6B1.2B
Other Current Assets159.2M179.1M348.3M383.2M440.7M462.8M
Other Stockholder Equity44.6K(1.1M)(1.6M)782.8K704.5K739.7K
Total Liab2.5B2.6B6.1B5.0B5.8B6.0B
Deferred Long Term Liab165.5M121.3M174.8M132.7M152.6M133.6M
Short Long Term Debt120M150.1M2.3B1.5B1.7B1.8B
Total Current Assets11.0B10.3B12.1B10.6B12.1B7.1B
Intangible Assets208.3M265.7M1.0B995.2M1.1B1.2B
Property Plant Equipment1.5B1.5B2.2B3.6B4.1B4.3B
Net Invested Capital10.6B10.7B14.0B13.2B15.2B9.0B
Net Working Capital8.6B8.3B6.6B6.3B7.2B5.1B
Property Plant And Equipment Net1.5B2.2B3.6B4.2B4.8B2.8B
Property Plant And Equipment Gross2.2B3.0B3.6B5.5B6.3B3.6B

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Other Information on Investing in Winner Stock

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