Cowealth Property Plant And Equipment Net vs Short Long Term Debt Analysis
603122 Stock | 7.50 0.15 2.04% |
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 Property Plant And Equipment Net and its Short Long Term Debt 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.
Property Plant And Equipment Net vs Short Long Term Debt
Property Plant And Equipment Net vs Short Long Term Debt Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Cowealth Medical China Property Plant And Equipment Net account and Short Long Term Debt. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Cowealth Medical's Property Plant And Equipment Net and Short Long Term Debt is -0.4. Overlapping area represents the amount of variation of Property Plant And Equipment Net that can explain the historical movement of Short Long Term Debt 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 Property Plant And Equipment Net and Short Long Term Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant And Equipment Net of Cowealth Medical China are associated (or correlated) with its Short Long Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Long Term Debt has no effect on the direction of Property Plant And Equipment Net i.e., Cowealth Medical's Property Plant And Equipment Net and Short Long Term Debt go up and down completely randomly.
Correlation Coefficient | -0.4 |
Relationship Direction | Negative |
Relationship Strength | Very Weak |
Property Plant And Equipment Net
The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.Short Long Term Debt
The total of a company's short-term and long-term borrowings.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 97.7 M.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 4.6M | 4.2M | 5.9M | 5.2M | Interest Income | 4.7M | 9.1M | 9.3M | 6.9M |
Cowealth Medical fundamental ratios Correlations
Click cells to compare fundamentals
Cowealth Medical Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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.