Cowealth Change To Inventory vs Dividends Paid Analysis

603122 Stock   7.61  0.03  0.40%   
Cowealth Medical financial indicator trend analysis is way more than just evaluating Cowealth Medical China prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Cowealth Medical China is a good investment. Please check the relationship between Cowealth Medical Change To Inventory and its Dividends Paid accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Cowealth Medical China. 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.

Change To Inventory vs Dividends Paid

Change To Inventory vs Dividends Paid Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Cowealth Medical China Change To Inventory account and Dividends Paid. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Cowealth Medical's Change To Inventory and Dividends Paid is 0.14. Overlapping area represents the amount of variation of Change To Inventory that can explain the historical movement of Dividends Paid in the same time period over historical financial statements of Cowealth Medical China, assuming nothing else is changed. The correlation between historical values of Cowealth Medical's Change To Inventory and Dividends Paid is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Change To Inventory of Cowealth Medical China are associated (or correlated) with its Dividends Paid. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Dividends Paid has no effect on the direction of Change To Inventory i.e., Cowealth Medical's Change To Inventory and Dividends Paid go up and down completely randomly.

Correlation Coefficient

0.14
Relationship DirectionPositive 
Relationship StrengthInsignificant

Change To Inventory

The increase or decrease in the amount of inventory a company has over a certain period.

Dividends Paid

The total amount of dividends that a company has paid out to its shareholders over a specific period.
Most indicators from Cowealth Medical's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Cowealth Medical China 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 Cowealth Medical China. 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 20.9 M, whereas Selling General Administrative is forecasted to decline to about 40.4 M.
 2022 2023 2024 2025 (projected)
Interest Expense4.2M5.9M6.8M5.2M
Interest Income9.1M9.3M10.7M6.9M

Cowealth Medical fundamental ratios Correlations

-0.73-0.540.99-0.530.820.920.770.820.85-0.720.990.99-0.7-0.250.890.71-0.530.99-0.851.00.990.990.770.68-0.94
-0.730.41-0.70.47-0.89-0.7-0.92-0.65-0.730.66-0.78-0.751.0-0.29-0.94-0.640.32-0.730.3-0.72-0.75-0.71-0.6-0.480.81
-0.540.41-0.590.71-0.56-0.26-0.15-0.79-0.80.72-0.59-0.60.380.57-0.54-0.850.99-0.610.46-0.48-0.6-0.54-0.85-0.790.7
0.99-0.7-0.59-0.490.820.880.710.860.89-0.710.990.99-0.67-0.290.880.77-0.591.0-0.860.980.991.00.790.72-0.96
-0.530.470.71-0.49-0.45-0.41-0.39-0.53-0.480.73-0.52-0.540.460.42-0.5-0.430.68-0.510.45-0.51-0.54-0.47-0.8-0.520.56
0.82-0.89-0.560.82-0.450.80.80.680.82-0.540.870.82-0.880.160.970.82-0.480.84-0.460.820.820.840.610.48-0.88
0.92-0.7-0.260.88-0.410.80.840.540.62-0.470.890.87-0.690.010.830.49-0.220.88-0.770.950.870.920.540.34-0.8
0.77-0.92-0.150.71-0.390.80.840.490.56-0.550.770.74-0.930.330.880.41-0.070.72-0.420.780.740.740.480.31-0.74
0.82-0.65-0.790.86-0.530.680.540.490.97-0.860.860.88-0.6-0.440.770.86-0.80.86-0.650.760.880.80.880.97-0.9
0.85-0.73-0.80.89-0.480.820.620.560.97-0.790.910.9-0.68-0.30.860.94-0.780.9-0.630.80.90.860.840.88-0.94
-0.720.660.72-0.710.73-0.54-0.47-0.55-0.86-0.79-0.74-0.770.640.48-0.67-0.620.72-0.720.61-0.67-0.77-0.67-0.96-0.860.82
0.99-0.78-0.590.99-0.520.870.890.770.860.91-0.740.99-0.75-0.210.930.78-0.571.0-0.80.980.990.990.790.72-0.97
0.99-0.75-0.60.99-0.540.820.870.740.880.9-0.770.99-0.71-0.280.890.75-0.590.99-0.830.981.00.980.820.76-0.96
-0.71.00.38-0.670.46-0.88-0.69-0.93-0.6-0.680.64-0.75-0.71-0.32-0.93-0.610.28-0.690.27-0.69-0.71-0.68-0.57-0.430.78
-0.25-0.290.57-0.290.420.160.010.33-0.44-0.30.48-0.21-0.28-0.320.1-0.230.67-0.270.61-0.21-0.28-0.24-0.59-0.570.26
0.89-0.94-0.540.88-0.50.970.830.880.770.86-0.670.930.89-0.930.10.79-0.470.9-0.530.880.890.880.690.59-0.93
0.71-0.64-0.850.77-0.430.820.490.410.860.94-0.620.780.75-0.61-0.230.79-0.820.78-0.460.660.750.730.730.76-0.84
-0.530.320.99-0.590.68-0.48-0.22-0.07-0.8-0.780.72-0.57-0.590.280.67-0.47-0.82-0.60.51-0.47-0.59-0.53-0.85-0.820.67
0.99-0.73-0.611.0-0.510.840.880.720.860.9-0.721.00.99-0.69-0.270.90.78-0.6-0.840.980.990.990.790.72-0.96
-0.850.30.46-0.860.45-0.46-0.77-0.42-0.65-0.630.61-0.8-0.830.270.61-0.53-0.460.51-0.84-0.85-0.83-0.85-0.71-0.590.74
1.0-0.72-0.480.98-0.510.820.950.780.760.8-0.670.980.98-0.69-0.210.880.66-0.470.98-0.850.980.990.730.61-0.92
0.99-0.75-0.60.99-0.540.820.870.740.880.9-0.770.991.0-0.71-0.280.890.75-0.590.99-0.830.980.980.820.76-0.96
0.99-0.71-0.541.0-0.470.840.920.740.80.86-0.670.990.98-0.68-0.240.880.73-0.530.99-0.850.990.980.740.65-0.94
0.77-0.6-0.850.79-0.80.610.540.480.880.84-0.960.790.82-0.57-0.590.690.73-0.850.79-0.710.730.820.740.86-0.87
0.68-0.48-0.790.72-0.520.480.340.310.970.88-0.860.720.76-0.43-0.570.590.76-0.820.72-0.590.610.760.650.86-0.76
-0.940.810.7-0.960.56-0.88-0.8-0.74-0.9-0.940.82-0.97-0.960.780.26-0.93-0.840.67-0.960.74-0.92-0.96-0.94-0.87-0.76
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Cowealth Medical Account Relationship Matchups

Cowealth Medical fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets1.1B1.1B1.6B1.5B1.7B1.4B
Total Current Liabilities373.5M301.6M361.6M285.7M257.2M264.4M
Total Stockholder Equity717.0M795.8M1.2B1.2B1.3B1.0B
Retained Earnings74.4M145.2M147.5M131.1M150.8M124.5M
Accounts Payable127.5M127.8M240.1M167.7M192.8M173.4M
Cash247.1M146.6M326.9M197.9M227.6M214.4M
Non Current Assets Total145.0M150.7M147.7M206.6M237.6M174.8M
Non Currrent Assets Other13.3M20.0M18.3M28.1M32.3M20.8M
Long Term Debt7.3M12.0M10.8M2.2M2.0M1.9M
Net Receivables504.5M545.7M746.9M739.6M850.5M669.0M
Non Current Liabilities Total21.5M23.2M18.9M6.8M6.1M5.8M
Inventory140.4M178.9M204.8M196.9M226.4M181.8M
Other Current Assets4.0M10.2M6.7M10.6M12.2M8.2M
Total Liab394.9M324.8M380.5M292.5M263.2M277.3M
Net Invested Capital815.7M905.5M1.2B1.2B1.4B1.1B
Short Long Term Debt91.4M97.6M51.3M53.9M48.5M58.9M
Total Current Assets966.9M969.8M1.4B1.3B1.4B1.2B
Net Working Capital593.4M668.2M1.0B969.1M1.1B865.9M
Intangible Assets1.1M942.1K1.8M7.9M9.1M9.5M

Currently Active Assets on Macroaxis

Other Information on Investing in Cowealth Stock

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