Sino Other Non Cash Items vs Net Borrowings Analysis

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 Other Non Cash Items and its Net Borrowings 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.

Other Non Cash Items vs Net Borrowings

Other Non Cash Items vs Net Borrowings Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Sino Medical Sciences Other Non Cash Items account and Net Borrowings. At this time, the significance of the direction appears to have very strong relationship.

The correlation between Sino Medical's Other Non Cash Items and Net Borrowings is 0.88. Overlapping area represents the amount of variation of Other Non Cash Items that can explain the historical movement of Net Borrowings 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 Other Non Cash Items and Net Borrowings is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Non Cash Items of Sino Medical Sciences are associated (or correlated) with its Net Borrowings. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Borrowings has no effect on the direction of Other Non Cash Items i.e., Sino Medical's Other Non Cash Items and Net Borrowings go up and down completely randomly.

Correlation Coefficient

0.88

Relationship Direction	Positive
Relationship Strength	Strong

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Other Non Cash Items

Net Borrowings

The difference between the amount of new debt a company has taken on and the amount of debt it has paid off during a given period.

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 M

	2021	2022	2023	2024 (projected)
Gross Profit	143.5M	121.7M	202.2M	190.1M
Total Revenue	194.4M	192.9M	343.3M	246.2M

Gross Profit Total Revenue

Sino Medical fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Net Tangible Assets	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Net Receivables	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Deferred Long Term Liab	Short Long Term Debt	Total Current Assets	Non Current Liabilities Other	Intangible Assets	Common Stock	Property Plant Equipment	Common Stock Shares Outstanding
Total Assets		-0.58	0.78	0.99	0.92	1.0	0.04	0.83	0.83	0.88	0.45	0.87	-0.64	0.61	0.91	0.7	-0.1	0.72	0.91	0.63	0.85	0.35	0.94	0.98	0.92	0.84
Other Current Liab	-0.58		-0.35	-0.57	-0.45	-0.61	-0.06	-0.44	-0.58	-0.38	-0.69	-0.34	0.27	-0.64	-0.44	-0.32	0.05	-0.47	-0.39	-0.41	-0.64	0.03	-0.42	-0.56	-0.39	-0.57
Total Current Liabilities	0.78	-0.35		0.68	0.79	0.73	-0.52	0.83	0.34	0.92	0.67	0.94	-0.8	0.77	0.93	0.4	-0.03	0.95	0.91	0.87	0.39	-0.08	0.88	0.83	0.89	0.87
Total Stockholder Equity	0.99	-0.57	0.68		0.88	0.99	0.17	0.78	0.89	0.8	0.36	0.79	-0.55	0.52	0.84	0.72	-0.1	0.6	0.84	0.53	0.91	0.44	0.89	0.95	0.86	0.76
Other Liab	0.92	-0.45	0.79	0.88		0.89	-0.07	0.73	0.69	0.92	0.43	0.89	-0.75	0.64	0.89	0.84	-0.28	0.77	0.92	0.65	0.66	0.43	0.96	0.92	0.94	0.86
Net Tangible Assets	1.0	-0.61	0.73	0.99	0.89		0.12	0.81	0.87	0.83	0.42	0.82	-0.57	0.56	0.87	0.68	-0.06	0.67	0.87	0.58	0.89	0.38	0.91	0.97	0.88	0.8
Retained Earnings	0.04	-0.06	-0.52	0.17	-0.07	0.12		-0.23	0.47	-0.34	-0.67	-0.34	0.63	-0.65	-0.31	0.23	0.05	-0.53	-0.27	-0.73	0.45	0.74	-0.2	-0.07	-0.23	-0.41
Accounts Payable	0.83	-0.44	0.83	0.78	0.73	0.81	-0.23		0.59	0.83	0.51	0.84	-0.67	0.62	0.89	0.44	0.11	0.74	0.85	0.69	0.59	0.07	0.83	0.89	0.83	0.71
Cash	0.83	-0.58	0.34	0.89	0.69	0.87	0.47	0.59		0.51	0.16	0.49	-0.24	0.28	0.58	0.64	0.12	0.29	0.57	0.25	0.95	0.55	0.66	0.77	0.6	0.53
Non Current Assets Total	0.88	-0.38	0.92	0.8	0.92	0.83	-0.34	0.83	0.51		0.56	0.99	-0.88	0.74	0.99	0.59	-0.21	0.9	0.99	0.8	0.5	0.11	0.98	0.93	0.99	0.92
Non Currrent Assets Other	0.45	-0.69	0.67	0.36	0.43	0.42	-0.67	0.51	0.16	0.56		0.53	-0.66	0.96	0.58	0.11	-0.03	0.74	0.51	0.87	0.21	-0.52	0.5	0.51	0.49	0.75
Other Assets	0.87	-0.34	0.94	0.79	0.89	0.82	-0.34	0.84	0.49	0.99	0.53		-0.85	0.7	0.99	0.54	-0.15	0.91	0.99	0.79	0.48	0.09	0.97	0.92	0.99	0.9
Net Receivables	-0.64	0.27	-0.8	-0.55	-0.75	-0.57	0.63	-0.67	-0.24	-0.88	-0.66	-0.85		-0.83	-0.83	-0.48	0.36	-0.81	-0.84	-0.88	-0.2	0.15	-0.82	-0.72	-0.84	-0.85
Non Current Liabilities Total	0.61	-0.64	0.77	0.52	0.64	0.56	-0.65	0.62	0.28	0.74	0.96	0.7	-0.83		0.74	0.32	-0.15	0.83	0.69	0.94	0.3	-0.36	0.69	0.67	0.68	0.88
Inventory	0.91	-0.44	0.93	0.84	0.89	0.87	-0.31	0.89	0.58	0.99	0.58	0.99	-0.83	0.74		0.54	-0.08	0.9	0.99	0.81	0.57	0.08	0.98	0.96	0.98	0.92
Other Current Assets	0.7	-0.32	0.4	0.72	0.84	0.68	0.23	0.44	0.64	0.59	0.11	0.54	-0.48	0.32	0.54		-0.53	0.36	0.59	0.28	0.61	0.75	0.68	0.65	0.64	0.5
Other Stockholder Equity	-0.1	0.05	-0.03	-0.1	-0.28	-0.06	0.05	0.11	0.12	-0.21	-0.03	-0.15	0.36	-0.15	-0.08	-0.53		-0.09	-0.14	-0.02	0.05	-0.28	-0.16	-0.05	-0.19	-0.1
Total Liab	0.72	-0.47	0.95	0.6	0.77	0.67	-0.53	0.74	0.29	0.9	0.74	0.91	-0.81	0.83	0.9	0.36	-0.09		0.88	0.85	0.3	-0.15	0.84	0.8	0.87	0.91
Deferred Long Term Liab	0.91	-0.39	0.91	0.84	0.92	0.87	-0.27	0.85	0.57	0.99	0.51	0.99	-0.84	0.69	0.99	0.59	-0.14	0.88		0.76	0.56	0.16	0.99	0.95	1.0	0.91
Short Long Term Debt	0.63	-0.41	0.87	0.53	0.65	0.58	-0.73	0.69	0.25	0.8	0.87	0.79	-0.88	0.94	0.81	0.28	-0.02	0.85	0.76		0.27	-0.36	0.75	0.7	0.74	0.89
Total Current Assets	0.85	-0.64	0.39	0.91	0.66	0.89	0.45	0.59	0.95	0.5	0.21	0.48	-0.2	0.3	0.57	0.61	0.05	0.3	0.56	0.27		0.52	0.64	0.76	0.57	0.5
Non Current Liabilities Other	0.35	0.03	-0.08	0.44	0.43	0.38	0.74	0.07	0.55	0.11	-0.52	0.09	0.15	-0.36	0.08	0.75	-0.28	-0.15	0.16	-0.36	0.52		0.25	0.26	0.21	-0.05
Intangible Assets	0.94	-0.42	0.88	0.89	0.96	0.91	-0.2	0.83	0.66	0.98	0.5	0.97	-0.82	0.69	0.98	0.68	-0.16	0.84	0.99	0.75	0.64	0.25		0.97	0.99	0.91
Common Stock	0.98	-0.56	0.83	0.95	0.92	0.97	-0.07	0.89	0.77	0.93	0.51	0.92	-0.72	0.67	0.96	0.65	-0.05	0.8	0.95	0.7	0.76	0.26	0.97		0.95	0.87
Property Plant Equipment	0.92	-0.39	0.89	0.86	0.94	0.88	-0.23	0.83	0.6	0.99	0.49	0.99	-0.84	0.68	0.98	0.64	-0.19	0.87	1.0	0.74	0.57	0.21	0.99	0.95		0.91
Common Stock Shares Outstanding	0.84	-0.57	0.87	0.76	0.86	0.8	-0.41	0.71	0.53	0.92	0.75	0.9	-0.85	0.88	0.92	0.5	-0.1	0.91	0.91	0.89	0.5	-0.05	0.91	0.87	0.91

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Sino Medical Account Relationship Matchups

Sino Medical fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	1.2B	1.2B	1.1B	1.1B	1.2B	1.0B
Other Current Liab	6.3M	8.7M	12.0M	35.5M	137.0K	130.1K
Total Current Liabilities	79.2M	92.2M	92.6M	132.2M	151.3M	107.5M
Total Stockholder Equity	1.1B	1.1B	927.8M	847.1M	820.0M	863.8M
Other Liab	27.9M	47.5M	37.9M	36.1M	41.5M	31.7M
Net Tangible Assets	1.1B	993.2M	853.9M	794.2M	913.3M	800.5M
Retained Earnings	140.8M	122.3M	(8.4M)	(161.3M)	(234.7M)	(223.0M)
Accounts Payable	21.1M	20.1M	23.4M	28.4M	28.2M	25.0M
Cash	638.4M	544.7M	287.8M	203.4M	188.6M	328.5M
Non Current Assets Total	398.7M	494.1M	672.3M	712.7M	841.6M	511.6M
Non Currrent Assets Other	9.1M	6.3M	14.9M	3.1M	134.2M	140.9M
Other Assets	241.0M	265.3M	392.1M	464.1M	533.7M	268.5M
Net Receivables	86.1M	65.0M	11.2M	20.3M	8.9M	8.5M
Non Current Liabilities Total	27.9M	47.5M	65.4M	47.9M	172.9M	181.5M
Inventory	68.4M	64.7M	84.9M	98.1M	118.2M	74.4M
Other Current Assets	5.9M	46.5M	28.4M	15.6M	8.9M	16.9M
Other Stockholder Equity	2.4M	309.8K	(1.1M)	1.5M	1.4M	800.0K
Total Liab	107.1M	139.6M	157.9M	180.1M	324.2M	164.4M
Deferred Long Term Liab	236.0M	253.1M	333.1M	369.2M	424.6M	235.0M
Total Current Assets	806.9M	723.4M	430.8M	354.9M	344.2M	530.2M
Non Current Liabilities Other	12.0M	27.4M	14.5M	11.4M	1.5M	1.4M
Intangible Assets	257.5M	309.3M	321.0M	354.5M	378.1M	271.5M
Property Plant Equipment	116.4M	139.2M	172.6M	176.8M	203.3M	117.2M
Net Invested Capital	1.1B	1.1B	944.6M	893.6M	939.5M	984.4M
Net Working Capital	727.7M	631.3M	338.2M	222.7M	192.9M	341.4M

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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.

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Sino Other Non Cash Items vs Net Borrowings Analysis

Other Non Cash Items vs Net Borrowings

Other Non Cash Items vs Net Borrowings Correlation Analysis

Correlation Coefficient

Other Non Cash Items

Net Borrowings

Sino Medical fundamental ratios Correlations

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

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Net Tangible Assets	+ 1.0	Total Assets
Property Plant Equipment	+ 1.0	Deferred Long Term Liab
Total Stockholder Equity	+ 0.99	Total Assets
Net Tangible Assets	+ 0.99	Total Stockholder Equity
Other Assets	+ 0.99	Non Current Assets Total
Inventory	+ 0.99	Non Current Assets Total

Short Long Term Debt	- 0.88	Net Receivables
Net Receivables	- 0.88	Non Current Assets Total
Common Stock Shares Outstanding	- 0.85	Net Receivables
Net Receivables	- 0.85	Other Assets
Property Plant Equipment	- 0.84	Net Receivables
Deferred Long Term Liab	- 0.84	Net Receivables