Cowealth Net Income vs Stock Based Compensation Analysis

603122 Stock

7.94 0.15 1.93%

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 Net Income and its Stock Based Compensation 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.

Net Income vs Stock Based Compensation

Net Income vs Stock Based Compensation Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Cowealth Medical China Net Income account and Stock Based Compensation. At this time, the significance of the direction appears to have very week relationship.

The correlation between Cowealth Medical's Net Income and Stock Based Compensation is 0.23. Overlapping area represents the amount of variation of Net Income that can explain the historical movement of Stock Based Compensation 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 Net Income and Stock Based Compensation 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 Income of Cowealth Medical China are associated (or correlated) with its Stock Based Compensation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Stock Based Compensation has no effect on the direction of Net Income i.e., Cowealth Medical's Net Income and Stock Based Compensation go up and down completely randomly.

Correlation Coefficient

0.23

Relationship Direction	Positive
Relationship Strength	Very Weak

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Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in Cowealth Medical China financial statement analysis. It represents the amount of money remaining after all of Cowealth Medical China operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.

Stock Based Compensation

Compensation provided to employees in the form of equity or options to purchase company stock. This type of compensation is used to align the interests of employees and shareholders.

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 Expense	4.2M	5.9M	6.8M	5.2M
Interest Income	9.1M	9.3M	10.7M	6.9M

Interest Expense Interest Income

Cowealth Medical fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Long Term Debt	Net Receivables	Common Stock Shares Outstanding	Short Term Investments	Non Current Liabilities Total	Inventory	Other Current Assets	Total Liab	Net Invested Capital	Short Long Term Debt	Total Current Assets	Capital Stock	Net Working Capital	Intangible Assets	Property Plant And Equipment Net	Capital Lease Obligations
Total Assets		-0.73	-0.54	0.99	-0.53	0.82	0.92	0.77	0.82	0.85	-0.72	0.99	0.99	-0.7	-0.25	0.89	0.71	-0.53	0.99	-0.85	1.0	0.99	0.99	0.77	0.68	-0.94
Other Current Liab	-0.73		0.41	-0.7	0.47	-0.89	-0.7	-0.92	-0.65	-0.73	0.66	-0.78	-0.75	1.0	-0.29	-0.94	-0.64	0.32	-0.73	0.3	-0.72	-0.75	-0.71	-0.6	-0.48	0.81
Total Current Liabilities	-0.54	0.41		-0.59	0.71	-0.56	-0.26	-0.15	-0.79	-0.8	0.72	-0.59	-0.6	0.38	0.57	-0.54	-0.85	0.99	-0.61	0.46	-0.48	-0.6	-0.54	-0.85	-0.79	0.7
Total Stockholder Equity	0.99	-0.7	-0.59		-0.49	0.82	0.88	0.71	0.86	0.89	-0.71	0.99	0.99	-0.67	-0.29	0.88	0.77	-0.59	1.0	-0.86	0.98	0.99	1.0	0.79	0.72	-0.96
Net Debt	-0.53	0.47	0.71	-0.49		-0.45	-0.41	-0.39	-0.53	-0.48	0.73	-0.52	-0.54	0.46	0.42	-0.5	-0.43	0.68	-0.51	0.45	-0.51	-0.54	-0.47	-0.8	-0.52	0.56
Retained Earnings	0.82	-0.89	-0.56	0.82	-0.45		0.8	0.8	0.68	0.82	-0.54	0.87	0.82	-0.88	0.16	0.97	0.82	-0.48	0.84	-0.46	0.82	0.82	0.84	0.61	0.48	-0.88
Accounts Payable	0.92	-0.7	-0.26	0.88	-0.41	0.8		0.84	0.54	0.62	-0.47	0.89	0.87	-0.69	0.01	0.83	0.49	-0.22	0.88	-0.77	0.95	0.87	0.92	0.54	0.34	-0.8
Cash	0.77	-0.92	-0.15	0.71	-0.39	0.8	0.84		0.49	0.56	-0.55	0.77	0.74	-0.93	0.33	0.88	0.41	-0.07	0.72	-0.42	0.78	0.74	0.74	0.48	0.31	-0.74
Non Current Assets Total	0.82	-0.65	-0.79	0.86	-0.53	0.68	0.54	0.49		0.97	-0.86	0.86	0.88	-0.6	-0.44	0.77	0.86	-0.8	0.86	-0.65	0.76	0.88	0.8	0.88	0.97	-0.9
Non Currrent Assets Other	0.85	-0.73	-0.8	0.89	-0.48	0.82	0.62	0.56	0.97		-0.79	0.91	0.9	-0.68	-0.3	0.86	0.94	-0.78	0.9	-0.63	0.8	0.9	0.86	0.84	0.88	-0.94
Long Term Debt	-0.72	0.66	0.72	-0.71	0.73	-0.54	-0.47	-0.55	-0.86	-0.79		-0.74	-0.77	0.64	0.48	-0.67	-0.62	0.72	-0.72	0.61	-0.67	-0.77	-0.67	-0.96	-0.86	0.82
Net Receivables	0.99	-0.78	-0.59	0.99	-0.52	0.87	0.89	0.77	0.86	0.91	-0.74		0.99	-0.75	-0.21	0.93	0.78	-0.57	1.0	-0.8	0.98	0.99	0.99	0.79	0.72	-0.97
Common Stock Shares Outstanding	0.99	-0.75	-0.6	0.99	-0.54	0.82	0.87	0.74	0.88	0.9	-0.77	0.99		-0.71	-0.28	0.89	0.75	-0.59	0.99	-0.83	0.98	1.0	0.98	0.82	0.76	-0.96
Short Term Investments	-0.7	1.0	0.38	-0.67	0.46	-0.88	-0.69	-0.93	-0.6	-0.68	0.64	-0.75	-0.71		-0.32	-0.93	-0.61	0.28	-0.69	0.27	-0.69	-0.71	-0.68	-0.57	-0.43	0.78
Non Current Liabilities Total	-0.25	-0.29	0.57	-0.29	0.42	0.16	0.01	0.33	-0.44	-0.3	0.48	-0.21	-0.28	-0.32		0.1	-0.23	0.67	-0.27	0.61	-0.21	-0.28	-0.24	-0.59	-0.57	0.26
Inventory	0.89	-0.94	-0.54	0.88	-0.5	0.97	0.83	0.88	0.77	0.86	-0.67	0.93	0.89	-0.93	0.1		0.79	-0.47	0.9	-0.53	0.88	0.89	0.88	0.69	0.59	-0.93
Other Current Assets	0.71	-0.64	-0.85	0.77	-0.43	0.82	0.49	0.41	0.86	0.94	-0.62	0.78	0.75	-0.61	-0.23	0.79		-0.82	0.78	-0.46	0.66	0.75	0.73	0.73	0.76	-0.84
Total Liab	-0.53	0.32	0.99	-0.59	0.68	-0.48	-0.22	-0.07	-0.8	-0.78	0.72	-0.57	-0.59	0.28	0.67	-0.47	-0.82		-0.6	0.51	-0.47	-0.59	-0.53	-0.85	-0.82	0.67
Net Invested Capital	0.99	-0.73	-0.61	1.0	-0.51	0.84	0.88	0.72	0.86	0.9	-0.72	1.0	0.99	-0.69	-0.27	0.9	0.78	-0.6		-0.84	0.98	0.99	0.99	0.79	0.72	-0.96
Short Long Term Debt	-0.85	0.3	0.46	-0.86	0.45	-0.46	-0.77	-0.42	-0.65	-0.63	0.61	-0.8	-0.83	0.27	0.61	-0.53	-0.46	0.51	-0.84		-0.85	-0.83	-0.85	-0.71	-0.59	0.74
Total Current Assets	1.0	-0.72	-0.48	0.98	-0.51	0.82	0.95	0.78	0.76	0.8	-0.67	0.98	0.98	-0.69	-0.21	0.88	0.66	-0.47	0.98	-0.85		0.98	0.99	0.73	0.61	-0.92
Capital Stock	0.99	-0.75	-0.6	0.99	-0.54	0.82	0.87	0.74	0.88	0.9	-0.77	0.99	1.0	-0.71	-0.28	0.89	0.75	-0.59	0.99	-0.83	0.98		0.98	0.82	0.76	-0.96
Net Working Capital	0.99	-0.71	-0.54	1.0	-0.47	0.84	0.92	0.74	0.8	0.86	-0.67	0.99	0.98	-0.68	-0.24	0.88	0.73	-0.53	0.99	-0.85	0.99	0.98		0.74	0.65	-0.94
Intangible Assets	0.77	-0.6	-0.85	0.79	-0.8	0.61	0.54	0.48	0.88	0.84	-0.96	0.79	0.82	-0.57	-0.59	0.69	0.73	-0.85	0.79	-0.71	0.73	0.82	0.74		0.86	-0.87
Property Plant And Equipment Net	0.68	-0.48	-0.79	0.72	-0.52	0.48	0.34	0.31	0.97	0.88	-0.86	0.72	0.76	-0.43	-0.57	0.59	0.76	-0.82	0.72	-0.59	0.61	0.76	0.65	0.86		-0.76
Capital Lease Obligations	-0.94	0.81	0.7	-0.96	0.56	-0.88	-0.8	-0.74	-0.9	-0.94	0.82	-0.97	-0.96	0.78	0.26	-0.93	-0.84	0.67	-0.96	0.74	-0.92	-0.96	-0.94	-0.87	-0.76

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Cowealth Medical Account Relationship Matchups

Cowealth Medical fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	1.1B	1.1B	1.6B	1.5B	1.7B	1.4B
Total Current Liabilities	373.5M	301.6M	361.6M	285.7M	257.2M	264.4M
Total Stockholder Equity	717.0M	795.8M	1.2B	1.2B	1.3B	1.0B
Retained Earnings	74.4M	145.2M	147.5M	131.1M	150.8M	124.5M
Accounts Payable	127.5M	127.8M	240.1M	167.7M	192.8M	173.4M
Cash	247.1M	146.6M	326.9M	197.9M	227.6M	214.4M
Non Current Assets Total	145.0M	150.7M	147.7M	206.6M	237.6M	174.8M
Non Currrent Assets Other	13.3M	20.0M	18.3M	28.1M	32.3M	20.8M
Long Term Debt	7.3M	12.0M	10.8M	2.2M	2.0M	1.9M
Net Receivables	504.5M	545.7M	746.9M	739.6M	850.5M	669.0M
Non Current Liabilities Total	21.5M	23.2M	18.9M	6.8M	6.1M	5.8M
Inventory	140.4M	178.9M	204.8M	196.9M	226.4M	181.8M
Other Current Assets	4.0M	10.2M	6.7M	10.6M	12.2M	8.2M
Total Liab	394.9M	324.8M	380.5M	292.5M	263.2M	277.3M
Net Invested Capital	815.7M	905.5M	1.2B	1.2B	1.4B	1.1B
Short Long Term Debt	91.4M	97.6M	51.3M	53.9M	48.5M	58.9M
Total Current Assets	966.9M	969.8M	1.4B	1.3B	1.4B	1.2B
Net Working Capital	593.4M	668.2M	1.0B	969.1M	1.1B	865.9M
Intangible Assets	1.1M	942.1K	1.8M	7.9M	9.1M	9.5M

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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.

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Cowealth Net Income vs Stock Based Compensation Analysis

Net Income vs Stock Based Compensation

Net Income vs Stock Based Compensation Correlation Analysis

Correlation Coefficient

Net Income

Stock Based Compensation

Cowealth Medical fundamental ratios Correlations

Cowealth Medical Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Cowealth Medical fundamental ratios Accounts

Currently Active Assets on Macroaxis

Other Information on Investing in Cowealth Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Current Assets	+ 1.0	Total Assets
Short Term Investments	+ 1.0	Other Current Liab
Net Invested Capital	+ 1.0	Total Stockholder Equity
Net Working Capital	+ 1.0	Total Stockholder Equity
Net Invested Capital	+ 1.0	Net Receivables
Capital Stock	+ 1.0	Common Stock Shares Outstanding

Capital Lease Obligations	- 0.97	Net Receivables
Capital Lease Obligations	- 0.96	Capital Stock
Capital Lease Obligations	- 0.96	Net Invested Capital
Capital Lease Obligations	- 0.96	Common Stock Shares Outstanding
Intangible Assets	- 0.96	Long Term Debt
Capital Lease Obligations	- 0.96	Total Stockholder Equity