Cofoe Short Long Term Debt vs Non Currrent Assets Other Analysis

301087 Stock   37.99  0.12  0.31%   
Cofoe Medical financial indicator trend analysis is way more than just evaluating Cofoe Medical Technology prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Cofoe Medical Technology is a good investment. Please check the relationship between Cofoe Medical Short Long Term Debt and its Non Currrent Assets Other accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Cofoe Medical Technology. 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 Long Term Debt vs Non Currrent Assets Other

Short Long Term Debt vs Non Currrent Assets Other Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Cofoe Medical Technology Short Long Term Debt account and Non Currrent Assets Other. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Cofoe Medical's Short Long Term Debt and Non Currrent Assets Other is 0.58. Overlapping area represents the amount of variation of Short Long Term Debt that can explain the historical movement of Non Currrent Assets Other in the same time period over historical financial statements of Cofoe Medical Technology, assuming nothing else is changed. The correlation between historical values of Cofoe Medical's Short Long Term Debt and Non Currrent Assets Other 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 Long Term Debt of Cofoe Medical Technology are associated (or correlated) with its Non Currrent Assets Other. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Currrent Assets Other has no effect on the direction of Short Long Term Debt i.e., Cofoe Medical's Short Long Term Debt and Non Currrent Assets Other go up and down completely randomly.

Correlation Coefficient

0.58
Relationship DirectionPositive 
Relationship StrengthWeak

Short Long Term Debt

The total of a company's short-term and long-term borrowings.

Non Currrent Assets Other

Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.
Most indicators from Cofoe Medical's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Cofoe Medical Technology 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 Cofoe Medical Technology. 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 38.6 M, whereas Selling General Administrative is forecasted to decline to about 581.6 M.
 2021 2022 2023 2024 (projected)
Interest Expense6.8M10.9M13.5M10.1M
Interest Income14.4M45.9M34.3M24.4M

Cofoe Medical fundamental ratios Correlations

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Cofoe Medical Account Relationship Matchups

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Other Information on Investing in Cofoe Stock

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