Zhende Retained Earnings vs Long Term Debt Analysis

603301 Stock

20.37 0.22 1.07%

Zhende Medical financial indicator trend analysis is more than just analyzing Zhende Medical current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Zhende Medical is a good investment. Please check the relationship between Zhende Medical Retained Earnings and its Long Term Debt accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Zhende Medical Co. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Retained Earnings vs Long Term Debt

Retained Earnings vs Long Term Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Zhende Medical Retained Earnings account and Long Term Debt. At this time, the significance of the direction appears to have fragmental relationship.

The correlation between Zhende Medical's Retained Earnings and Long Term Debt is 0.58. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Long Term Debt in the same time period over historical financial statements of Zhende Medical Co, assuming nothing else is changed. The correlation between historical values of Zhende Medical's Retained Earnings and 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 Retained Earnings of Zhende Medical Co are associated (or correlated) with its Long Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Debt has no effect on the direction of Retained Earnings i.e., Zhende Medical's Retained Earnings and Long Term Debt go up and down completely randomly.

Correlation Coefficient

0.58

Relationship Direction	Positive
Relationship Strength	Weak

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Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.

Long Term Debt

Long-term debt is a debt that Zhende Medical has held for over one year. Long-term debt appears on Zhende Medical Co balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on Zhende Medical Co balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.

Most indicators from Zhende Medical's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Zhende Medical 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 Zhende Medical Co. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

As of January 11, 2025, Tax Provision is expected to decline to about 6 M. In addition to that, Selling General Administrative is expected to decline to about 394.3 M

	2022	2023	2024	2025 (projected)
Gross Profit	2.1B	1.4B	1.6B	1.6B
Total Revenue	6.1B	4.1B	4.7B	4.3B

Gross Profit Total Revenue

Zhende Medical fundamental ratios Correlations

	Other Liab	Net Tangible Assets	Retained Earnings	Other Assets	Common Stock	Property Plant Equipment	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Long Term Debt	Net Receivables	Good Will	Non Current Liabilities Total	Inventory	Other Current Assets	Total Liab	Short Long Term Debt	Total Current Assets	Short Term Debt	Intangible Assets	Net Debt
Other Liab		0.92	0.95	0.9	0.84	0.98	0.89	-0.03	0.8	0.89	0.8	0.79	0.97	-0.73	0.58	0.85	0.93	0.81	0.82	0.43	0.86	-0.35	0.8	-0.81	0.97	-0.72
Net Tangible Assets	0.92		0.99	1.0	0.93	0.96	0.94	0.31	0.94	0.93	0.92	0.92	0.91	-0.83	0.57	0.94	0.84	0.77	0.96	0.63	0.94	-0.34	0.94	-0.84	0.89	-0.84
Retained Earnings	0.95	0.99		0.98	0.91	0.99	0.95	0.19	0.92	0.94	0.91	0.9	0.95	-0.77	0.58	0.93	0.89	0.79	0.94	0.55	0.94	-0.37	0.92	-0.82	0.94	-0.78
Other Assets	0.9	1.0	0.98		0.93	0.95	0.94	0.34	0.95	0.93	0.93	0.92	0.9	-0.8	0.57	0.94	0.83	0.76	0.97	0.65	0.95	-0.34	0.95	-0.82	0.87	-0.81
Common Stock	0.84	0.93	0.91	0.93		0.89	0.98	0.33	0.93	0.98	0.92	0.92	0.82	-0.82	0.66	0.96	0.74	0.86	0.97	0.59	0.97	-0.34	0.95	-0.7	0.81	-0.86
Property Plant Equipment	0.98	0.96	0.99	0.95	0.89		0.93	0.07	0.86	0.93	0.86	0.84	0.98	-0.78	0.6	0.9	0.93	0.82	0.88	0.5	0.91	-0.36	0.86	-0.85	0.97	-0.77
Total Assets	0.89	0.94	0.95	0.94	0.98	0.93		0.22	0.92	1.0	0.93	0.93	0.88	-0.79	0.65	0.96	0.81	0.87	0.97	0.51	0.97	-0.42	0.94	-0.73	0.87	-0.82
Other Current Liab	-0.03	0.31	0.19	0.34	0.33	0.07	0.22		0.52	0.17	0.44	0.42	-0.1	-0.23	-0.02	0.36	-0.21	-0.05	0.44	0.8	0.36	0.38	0.46	-0.03	-0.15	-0.29
Total Current Liabilities	0.8	0.94	0.92	0.95	0.93	0.86	0.92	0.52		0.9	0.98	0.97	0.75	-0.75	0.54	0.97	0.64	0.71	0.98	0.75	0.97	-0.18	0.98	-0.66	0.73	-0.78
Total Stockholder Equity	0.89	0.93	0.94	0.93	0.98	0.93	1.0	0.17	0.9		0.9	0.91	0.89	-0.78	0.63	0.94	0.82	0.87	0.95	0.45	0.95	-0.46	0.92	-0.72	0.88	-0.81
Accounts Payable	0.8	0.92	0.91	0.93	0.92	0.86	0.93	0.44	0.98	0.9		1.0	0.75	-0.79	0.64	0.99	0.64	0.77	0.97	0.66	0.98	-0.29	0.99	-0.66	0.74	-0.82
Cash	0.79	0.92	0.9	0.92	0.92	0.84	0.93	0.42	0.97	0.91	1.0		0.74	-0.79	0.68	0.98	0.63	0.79	0.97	0.61	0.97	-0.37	0.99	-0.66	0.74	-0.82
Non Current Assets Total	0.97	0.91	0.95	0.9	0.82	0.98	0.88	-0.1	0.75	0.89	0.75	0.74		-0.72	0.57	0.81	0.99	0.8	0.8	0.35	0.82	-0.46	0.76	-0.86	1.0	-0.7
Non Currrent Assets Other	-0.73	-0.83	-0.77	-0.8	-0.82	-0.78	-0.79	-0.23	-0.75	-0.78	-0.79	-0.79	-0.72		-0.69	-0.84	-0.67	-0.76	-0.82	-0.53	-0.81	0.35	-0.8	0.84	-0.73	0.99
Long Term Debt	0.58	0.57	0.58	0.57	0.66	0.6	0.65	-0.02	0.54	0.63	0.64	0.68	0.57	-0.69		0.69	0.53	0.91	0.6	0.16	0.71	-0.56	0.64	-0.57	0.62	-0.68
Net Receivables	0.85	0.94	0.93	0.94	0.96	0.9	0.96	0.36	0.97	0.94	0.99	0.98	0.81	-0.84	0.69		0.71	0.84	0.98	0.64	0.99	-0.31	0.98	-0.72	0.81	-0.87
Good Will	0.93	0.84	0.89	0.83	0.74	0.93	0.81	-0.21	0.64	0.82	0.64	0.63	0.99	-0.67	0.53	0.71		0.77	0.71	0.24	0.73	-0.48	0.66	-0.85	0.98	-0.64
Non Current Liabilities Total	0.81	0.77	0.79	0.76	0.86	0.82	0.87	-0.05	0.71	0.87	0.77	0.79	0.8	-0.76	0.91	0.84	0.77		0.78	0.26	0.86	-0.55	0.77	-0.68	0.83	-0.76
Inventory	0.82	0.96	0.94	0.97	0.97	0.88	0.97	0.44	0.98	0.95	0.97	0.97	0.8	-0.82	0.6	0.98	0.71	0.78		0.65	0.97	-0.34	0.99	-0.73	0.78	-0.85
Other Current Assets	0.43	0.63	0.55	0.65	0.59	0.5	0.51	0.8	0.75	0.45	0.66	0.61	0.35	-0.53	0.16	0.64	0.24	0.26	0.65		0.63	0.44	0.65	-0.4	0.3	-0.56
Total Liab	0.86	0.94	0.94	0.95	0.97	0.91	0.97	0.36	0.97	0.95	0.98	0.97	0.82	-0.81	0.71	0.99	0.73	0.86	0.97	0.63		-0.32	0.98	-0.71	0.82	-0.83
Short Long Term Debt	-0.35	-0.34	-0.37	-0.34	-0.34	-0.36	-0.42	0.38	-0.18	-0.46	-0.29	-0.37	-0.46	0.35	-0.56	-0.31	-0.48	-0.55	-0.34	0.44	-0.32		-0.34	0.42	-0.48	0.34
Total Current Assets	0.8	0.94	0.92	0.95	0.95	0.86	0.94	0.46	0.98	0.92	0.99	0.99	0.76	-0.8	0.64	0.98	0.66	0.77	0.99	0.65	0.98	-0.34		-0.69	0.75	-0.83
Short Term Debt	-0.81	-0.84	-0.82	-0.82	-0.7	-0.85	-0.73	-0.03	-0.66	-0.72	-0.66	-0.66	-0.86	0.84	-0.57	-0.72	-0.85	-0.68	-0.73	-0.4	-0.71	0.42	-0.69		-0.86	0.79
Intangible Assets	0.97	0.89	0.94	0.87	0.81	0.97	0.87	-0.15	0.73	0.88	0.74	0.74	1.0	-0.73	0.62	0.81	0.98	0.83	0.78	0.3	0.82	-0.48	0.75	-0.86		-0.71
Net Debt	-0.72	-0.84	-0.78	-0.81	-0.86	-0.77	-0.82	-0.29	-0.78	-0.81	-0.82	-0.82	-0.7	0.99	-0.68	-0.87	-0.64	-0.76	-0.85	-0.56	-0.83	0.34	-0.83	0.79	-0.71

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Zhende Medical Account Relationship Matchups

Zhende Medical fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Other Liab	45.6M	49.2M	98.9M	201.6M	231.8M	243.4M
Net Tangible Assets	959.4M	1.1B	3.8B	3.2B	3.7B	3.9B
Retained Earnings	2.9B	3.0B	3.4B	3.1B	3.6B	3.8B
Other Assets	22.6M	42.6M	153.2M	120.3M	138.4M	145.3M
Property Plant Equipment	630.0M	756.8M	1.5B	2.2B	2.5B	2.6B
Total Assets	6.4B	6.4B	7.9B	7.3B	8.4B	4.8B
Other Current Liab	356.8M	176.3M	16.9M	1.4M	1.7M	1.6M
Total Current Liabilities	1.7B	1.6B	1.5B	1.2B	1.3B	1.2B
Total Stockholder Equity	4.2B	4.1B	5.5B	5.4B	6.2B	3.1B
Accounts Payable	636.3M	576.8M	702.7M	412.6M	474.4M	436.2M
Cash	1.8B	1.4B	2.1B	1.1B	1.2B	1.0B
Non Current Assets Total	2.0B	3.2B	3.8B	4.5B	5.2B	5.5B
Non Currrent Assets Other	27.0M	112.8M	60.4M	62.8M	56.5M	53.7M
Long Term Debt	95.1M	145.2M	388.4M	200.2M	230.2M	179.1M
Net Receivables	663.7M	690.4M	767.9M	539.6M	620.6M	511.6M
Good Will	130.4M	398.5M	474.5M	787.8M	906.0M	951.3M
Non Current Liabilities Total	194.0M	379.5M	621.2M	490.0M	563.5M	323.5M
Inventory	1.1B	833.5M	929.6M	800.8M	920.9M	669.6M
Other Current Assets	236.2M	265.6M	41.0M	64.1M	73.8M	117.2M
Total Liab	1.9B	2.0B	2.1B	1.7B	1.9B	1.5B
Short Long Term Debt	358.4M	660.7M	124.0M	220.1M	198.1M	281.6M
Total Current Assets	4.4B	3.2B	4.1B	2.7B	3.1B	2.5B
Intangible Assets	225.6M	444.8M	564.5M	607.1M	698.2M	733.1M
Net Invested Capital	4.6B	4.9B	6.1B	5.8B	6.7B	4.1B
Net Working Capital	2.6B	1.6B	2.6B	1.5B	1.8B	1.5B
Property Plant And Equipment Net	1.5B	2.2B	2.5B	2.8B	3.2B	2.2B
Short Term Investments	203.9M	5.2M	99.7M	155.6M	179.0M	111.1M
Property Plant And Equipment Gross	1.9B	2.8B	3.2B	3.6B	4.1B	2.8B

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Other Information on Investing in Zhende Stock

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

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Zhende Retained Earnings vs Long Term Debt Analysis

Retained Earnings vs Long Term Debt

Retained Earnings vs Long Term Debt Correlation Analysis

Correlation Coefficient

Retained Earnings

Long Term Debt

Zhende Medical fundamental ratios Correlations

Zhende Medical Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Zhende Medical fundamental ratios Accounts

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Other Information on Investing in Zhende Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Other Assets	+ 1.0	Net Tangible Assets
Total Stockholder Equity	+ 1.0	Total Assets
Cash	+ 1.0	Accounts Payable
Intangible Assets	+ 1.0	Non Current Assets Total
Retained Earnings	+ 0.99	Net Tangible Assets
Property Plant Equipment	+ 0.99	Retained Earnings

Net Debt	- 0.87	Net Receivables
Intangible Assets	- 0.86	Short Term Debt
Short Term Debt	- 0.86	Non Current Assets Total
Net Debt	- 0.86	Common Stock
Net Debt	- 0.85	Inventory
Short Term Debt	- 0.85	Good Will