Cowealth Total Operating Expenses vs Selling General Administrative 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 Total Operating Expenses and its Selling General Administrative 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.

Total Operating Expenses vs Selling General Administrative

Total Operating Expenses vs Selling General Administrative Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Cowealth Medical China Total Operating Expenses account and Selling General Administrative. At this time, the significance of the direction appears to have strong relationship.

The correlation between Cowealth Medical's Total Operating Expenses and Selling General Administrative is 0.77. Overlapping area represents the amount of variation of Total Operating Expenses that can explain the historical movement of Selling General Administrative 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 Total Operating Expenses and Selling General Administrative 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 Operating Expenses of Cowealth Medical China are associated (or correlated) with its Selling General Administrative. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Selling General Administrative has no effect on the direction of Total Operating Expenses i.e., Cowealth Medical's Total Operating Expenses and Selling General Administrative go up and down completely randomly.

Correlation Coefficient

0.77

Relationship Direction	Positive
Relationship Strength	Significant

View All Relationships

Total Operating Expenses

The total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses.

Selling General Administrative

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

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		-0.69	-0.29	0.99	-0.59	0.78	0.95	0.78	0.66	0.73	-0.58	0.98	0.93	-0.67	0.07	0.84	0.5	-0.26	0.99	-0.81	1.0	0.93	0.99	0.67	0.35	-0.92
Other Current Liab	-0.69		0.26	-0.66	0.53	-0.87	-0.64	-0.91	-0.64	-0.73	0.61	-0.77	-0.71	1.0	-0.59	-0.95	-0.58	0.15	-0.69	0.17	-0.66	-0.71	-0.66	-0.53	-0.35	0.8
Total Current Liabilities	-0.29	0.26		-0.36	0.79	-0.4	-0.05	0.03	-0.69	-0.68	0.6	-0.36	-0.41	0.24	0.3	-0.35	-0.78	0.99	-0.38	0.27	-0.22	-0.41	-0.3	-0.78	-0.69	0.55
Total Stockholder Equity	0.99	-0.66	-0.36		-0.58	0.78	0.9	0.7	0.73	0.8	-0.58	0.99	0.96	-0.63	-0.02	0.83	0.6	-0.34	1.0	-0.82	0.97	0.96	0.99	0.69	0.43	-0.94
Net Debt	-0.59	0.53	0.79	-0.58		-0.48	-0.38	-0.41	-0.76	-0.66	0.9	-0.61	-0.63	0.53	0.13	-0.55	-0.52	0.76	-0.6	0.5	-0.54	-0.63	-0.53	-0.95	-0.72	0.73
Retained Earnings	0.78	-0.87	-0.4	0.78	-0.48		0.76	0.78	0.58	0.79	-0.39	0.85	0.73	-0.87	0.5	0.97	0.77	-0.3	0.81	-0.31	0.76	0.73	0.79	0.48	0.2	-0.84
Accounts Payable	0.95	-0.64	-0.05	0.9	-0.38	0.76		0.82	0.39	0.52	-0.34	0.91	0.78	-0.64	0.27	0.8	0.33	0.0	0.9	-0.72	0.97	0.78	0.94	0.42	0.04	-0.77
Cash	0.78	-0.91	0.03	0.7	-0.41	0.78	0.82		0.43	0.51	-0.48	0.79	0.68	-0.92	0.61	0.89	0.29	0.13	0.73	-0.33	0.79	0.68	0.73	0.38	0.1	-0.72
Non Current Assets Total	0.66	-0.64	-0.69	0.73	-0.76	0.58	0.39	0.43		0.94	-0.87	0.74	0.87	-0.58	-0.23	0.66	0.75	-0.69	0.73	-0.53	0.59	0.87	0.66	0.91	0.91	-0.88
Non Currrent Assets Other	0.73	-0.73	-0.68	0.8	-0.66	0.79	0.52	0.51	0.94		-0.7	0.83	0.88	-0.68	-0.03	0.81	0.91	-0.65	0.82	-0.48	0.67	0.88	0.76	0.8	0.72	-0.93
Long Term Debt	-0.58	0.61	0.6	-0.58	0.9	-0.39	-0.34	-0.48	-0.87	-0.7		-0.62	-0.72	0.58	0.17	-0.55	-0.44	0.59	-0.59	0.48	-0.52	-0.72	-0.52	-0.94	-0.87	0.75
Net Receivables	0.98	-0.77	-0.36	0.99	-0.61	0.85	0.91	0.79	0.74	0.83	-0.62		0.96	-0.75	0.12	0.9	0.62	-0.32	0.99	-0.73	0.97	0.96	0.98	0.7	0.43	-0.96
Common Stock Shares Outstanding	0.93	-0.71	-0.41	0.96	-0.63	0.73	0.78	0.68	0.87	0.88	-0.72	0.96		-0.67	-0.08	0.82	0.64	-0.4	0.96	-0.76	0.89	1.0	0.93	0.78	0.63	-0.97
Short Term Investments	-0.67	1.0	0.24	-0.63	0.53	-0.87	-0.64	-0.92	-0.58	-0.68	0.58	-0.75	-0.67		-0.64	-0.94	-0.54	0.12	-0.67	0.14	-0.65	-0.67	-0.63	-0.49	-0.28	0.77
Non Current Liabilities Total	0.07	-0.59	0.3	-0.02	0.13	0.5	0.27	0.61	-0.23	-0.03	0.17	0.12	-0.08	-0.64		0.48	0.04	0.44	0.03	0.47	0.11	-0.08	0.04	-0.3	-0.48	-0.05
Inventory	0.84	-0.95	-0.35	0.83	-0.55	0.97	0.8	0.89	0.66	0.81	-0.55	0.9	0.82	-0.94	0.48		0.69	-0.24	0.86	-0.38	0.82	0.82	0.83	0.57	0.31	-0.9
Other Current Assets	0.5	-0.58	-0.78	0.6	-0.52	0.77	0.33	0.29	0.75	0.91	-0.44	0.62	0.64	-0.54	0.04	0.69		-0.72	0.62	-0.24	0.45	0.64	0.56	0.61	0.54	-0.75
Total Liab	-0.26	0.15	0.99	-0.34	0.76	-0.3	0.0	0.13	-0.69	-0.65	0.59	-0.32	-0.4	0.12	0.44	-0.24	-0.72		-0.35	0.33	-0.19	-0.4	-0.27	-0.78	-0.73	0.51
Net Invested Capital	0.99	-0.69	-0.38	1.0	-0.6	0.81	0.9	0.73	0.73	0.82	-0.59	0.99	0.96	-0.67	0.03	0.86	0.62	-0.35		-0.8	0.97	0.96	0.99	0.7	0.42	-0.95
Short Long Term Debt	-0.81	0.17	0.27	-0.82	0.5	-0.31	-0.72	-0.33	-0.53	-0.48	0.48	-0.73	-0.76	0.14	0.47	-0.38	-0.24	0.33	-0.8		-0.81	-0.76	-0.81	-0.63	-0.4	0.66
Total Current Assets	1.0	-0.66	-0.22	0.97	-0.54	0.76	0.97	0.79	0.59	0.67	-0.52	0.97	0.89	-0.65	0.11	0.82	0.45	-0.19	0.97	-0.81		0.89	0.99	0.61	0.27	-0.88
Capital Stock	0.93	-0.71	-0.41	0.96	-0.63	0.73	0.78	0.68	0.87	0.88	-0.72	0.96	1.0	-0.67	-0.08	0.82	0.64	-0.4	0.96	-0.76	0.89		0.93	0.78	0.63	-0.97
Net Working Capital	0.99	-0.66	-0.3	0.99	-0.53	0.79	0.94	0.73	0.66	0.76	-0.52	0.98	0.93	-0.63	0.04	0.83	0.56	-0.27	0.99	-0.81	0.99	0.93		0.63	0.34	-0.91
Intangible Assets	0.67	-0.53	-0.78	0.69	-0.95	0.48	0.42	0.38	0.91	0.8	-0.94	0.7	0.78	-0.49	-0.3	0.57	0.61	-0.78	0.7	-0.63	0.61	0.78	0.63		0.87	-0.83
Property Plant And Equipment Net	0.35	-0.35	-0.69	0.43	-0.72	0.2	0.04	0.1	0.91	0.72	-0.87	0.43	0.63	-0.28	-0.48	0.31	0.54	-0.73	0.42	-0.4	0.27	0.63	0.34	0.87		-0.62
Capital Lease Obligations	-0.92	0.8	0.55	-0.94	0.73	-0.84	-0.77	-0.72	-0.88	-0.93	0.75	-0.96	-0.97	0.77	-0.05	-0.9	-0.75	0.51	-0.95	0.66	-0.88	-0.97	-0.91	-0.83	-0.62

Click cells to compare fundamentals

Cowealth Medical Account Relationship Matchups

Currently Active Assets on Macroaxis

V	Visa Class A
GOOG	Alphabet Inc Class C
GOOG	Alphabet Inc Class C
MSFT	Microsoft
GM	General Motors

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.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

Cowealth Total Operating Expenses vs Selling General Administrative Analysis

Total Operating Expenses vs Selling General Administrative

Total Operating Expenses vs Selling General Administrative Correlation Analysis

Correlation Coefficient

Total Operating Expenses

Selling General Administrative

Cowealth Medical fundamental ratios Correlations

Cowealth Medical Account Relationship Matchups

High Positive Relationship

High Negative Relationship

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
Capital Stock	+ 1.0	Common Stock Shares Outstanding
Total Stockholder Equity	+ 0.99	Total Assets
Net Invested Capital	+ 0.99	Total Assets

Capital Lease Obligations	- 0.97	Capital Stock
Capital Lease Obligations	- 0.97	Common Stock Shares Outstanding
Capital Lease Obligations	- 0.96	Net Receivables
Capital Lease Obligations	- 0.95	Net Invested Capital
Intangible Assets	- 0.95	Net Debt
Inventory	- 0.95	Other Current Liab