| 688108 Stock | | | 11.00 0.21 1.87% |
Sino Medical financial indicator trend analysis is much more than just breaking down Sino Medical Sciences prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Sino Medical Sciences is a good investment. Please check the relationship between Sino Medical Change In Working Capital and its Begin Period Cash Flow accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Sino Medical Sciences. 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.
Change In Working Capital vs Begin Period Cash Flow
Change In Working Capital vs Begin Period Cash Flow Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Sino Medical Sciences Change In Working Capital account and
Begin Period Cash Flow. At this time, the significance of the direction appears to have weak relationship.
The correlation between Sino Medical's Change In Working Capital and Begin Period Cash Flow is 0.36. Overlapping area represents the amount of variation of Change In Working Capital that can explain the historical movement of Begin Period Cash Flow in the same time period over historical financial statements of Sino Medical Sciences, assuming nothing else is changed. The correlation between historical values of Sino Medical's Change In Working Capital and Begin Period Cash Flow 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 In Working Capital of Sino Medical Sciences are associated (or correlated) with its Begin Period Cash Flow. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Begin Period Cash Flow has no effect on the direction of Change In Working Capital i.e., Sino Medical's Change In Working Capital and Begin Period Cash Flow go up and down completely randomly.
Correlation Coefficient | 0.36 |
| Relationship Direction | Positive |
| Relationship Strength | Very Weak |
Change In Working Capital
The difference in the amount of working capital from one period to the next, indicating the change in a company's short-term assets and liabilities.
Begin Period Cash Flow
The amount of cash a company has at the beginning of a financial reporting period. It serves as the starting point for calculating the period's cash flow from operations, investing, and financing activities.
Most indicators from Sino Medical's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Sino Medical Sciences 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 Sino Medical Sciences. 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.
The current year's
Tax Provision is expected to grow to about (23.2
M). In addition to that,
Selling General Administrative is expected to decline to about 82.7
MSino Medical fundamental ratios Correlations
Click cells to compare fundamentals
Sino Medical Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Sino Medical fundamental ratios Accounts
Currently Active Assets on Macroaxis
Other Information on Investing in Sino Stock
Balance Sheet is a snapshot of the
financial position of Sino Medical Sciences at a specified time, usually calculated after every quarter, six months, or one year. Sino Medical Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Sino 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 Sino currently owns. An asset can also be divided into two categories, current and non-current.