| 600186 Stock | | | 5.64 0.63 10.05% |
Lotus Health financial indicator trend analysis is infinitely more than just investigating Lotus Health Group recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Lotus Health Group is a good investment. Please check the relationship between Lotus Health Total Stockholder Equity and its Accounts Payable accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Lotus Health Group. 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 Stockholder Equity vs Accounts Payable
Total Stockholder Equity vs Accounts Payable Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Lotus Health Group Total Stockholder Equity account and
Accounts Payable. At this time, the significance of the direction appears to have strong relationship.
The correlation between Lotus Health's Total Stockholder Equity and Accounts Payable is 0.75. Overlapping area represents the amount of variation of Total Stockholder Equity that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of Lotus Health Group, assuming nothing else is changed. The correlation between historical values of Lotus Health's Total Stockholder Equity 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 Total Stockholder Equity of Lotus Health Group 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 Total Stockholder Equity i.e., Lotus Health's Total Stockholder Equity and Accounts Payable go up and down completely randomly.
Correlation Coefficient | 0.75 |
| Relationship Direction | Positive |
| Relationship Strength | Significant |
Total Stockholder Equity
The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.
Accounts Payable
An accounting item on the balance sheet that represents Lotus Health 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 Lotus Health Group 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 Lotus Health's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Lotus Health Group 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 Lotus Health Group. 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 145.4
M. The current year's
Tax Provision is expected to grow to about 48.4
MLotus Health fundamental ratios Correlations
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Lotus Health Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Lotus Health fundamental ratios Accounts
Currently Active Assets on Macroaxis
Other Information on Investing in Lotus Stock
Balance Sheet is a snapshot of the
financial position of Lotus Health Group at a specified time, usually calculated after every quarter, six months, or one year. Lotus Health Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Lotus Health 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 Lotus currently owns. An asset can also be divided into two categories, current and non-current.