Lepu Tax Provision vs Interest Income Analysis

300003 Stock   11.88  0.03  0.25%   
Lepu Medical financial indicator trend analysis is infinitely more than just investigating Lepu Medical Tech recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Lepu Medical Tech is a good investment. Please check the relationship between Lepu Medical Tax Provision and its Interest Income accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Lepu Medical Tech. 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.

Tax Provision vs Interest Income

Tax Provision vs Interest Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Lepu Medical Tech Tax Provision account and Interest Income. At this time, the significance of the direction appears to have strong relationship.
The correlation between Lepu Medical's Tax Provision and Interest Income is 0.73. Overlapping area represents the amount of variation of Tax Provision that can explain the historical movement of Interest Income in the same time period over historical financial statements of Lepu Medical Tech, assuming nothing else is changed. The correlation between historical values of Lepu Medical's Tax Provision and Interest Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Tax Provision of Lepu Medical Tech are associated (or correlated) with its Interest Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Interest Income has no effect on the direction of Tax Provision i.e., Lepu Medical's Tax Provision and Interest Income go up and down completely randomly.

Correlation Coefficient

0.73
Relationship DirectionPositive 
Relationship StrengthSignificant

Tax Provision

The amount set aside by a company to cover any estimated taxes for the current period. It reflects the company's expected tax liabilities.

Interest Income

Income earned from the investment of cash or from lending money to others, including interest from bank accounts, bonds, or other interest-bearing investments.
Most indicators from Lepu Medical's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Lepu Medical Tech 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 Lepu Medical Tech. 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 305.9 M, whereas Selling General Administrative is forecasted to decline to about 1.1 B.
 2021 2022 2023 2024 (projected)
Operating Income2.7B2.9B1.8B1.3B
Total Revenue10.7B10.6B8.0B4.7B

Lepu Medical fundamental ratios Correlations

0.260.80.970.920.980.870.850.960.710.810.970.580.850.970.80.980.950.810.870.870.880.950.910.940.81
0.260.570.080.020.190.440.220.190.65-0.110.130.580.620.270.50.180.410.160.550.150.250.370.10.21-0.15
0.80.570.670.550.720.860.750.740.940.380.670.40.960.810.870.690.870.590.820.640.760.860.720.770.45
0.970.080.670.970.980.80.840.950.560.890.990.550.720.930.70.990.890.840.760.850.860.880.910.930.84
0.920.020.550.970.960.780.810.90.410.960.980.60.640.880.590.970.840.870.740.850.870.830.910.920.82
0.980.190.720.980.960.850.830.970.60.870.990.60.780.960.721.00.920.860.820.830.910.930.920.960.8
0.870.440.860.80.780.850.940.790.730.710.840.630.920.840.820.830.930.850.850.750.920.840.920.890.47
0.850.220.750.840.810.830.940.760.610.780.850.580.80.770.780.820.890.870.730.760.870.740.940.860.52
0.960.190.740.950.90.970.790.760.630.770.950.540.770.940.730.970.880.820.790.770.870.930.870.940.81
0.710.650.940.560.410.60.730.610.630.220.540.40.920.740.890.580.780.410.80.590.60.780.530.620.41
0.81-0.110.380.890.960.870.710.780.770.220.910.550.490.750.440.890.720.830.610.80.780.680.870.820.73
0.970.130.670.990.980.990.840.850.950.540.910.60.740.930.690.990.90.880.780.840.890.890.940.940.8
0.580.580.40.550.60.60.630.580.540.40.550.60.580.530.590.630.660.70.680.470.650.530.520.590.3
0.850.620.960.720.640.780.920.80.770.920.490.740.580.850.920.760.920.690.930.740.830.90.770.830.5
0.970.270.810.930.880.960.840.770.940.740.750.930.530.850.790.950.920.760.880.860.860.960.860.930.82
0.80.50.870.70.590.720.820.780.730.890.440.690.590.920.790.710.880.660.870.70.760.820.70.750.5
0.980.180.690.990.971.00.830.820.970.580.890.990.630.760.950.710.910.860.820.850.90.920.910.950.82
0.950.410.870.890.840.920.930.890.880.780.720.90.660.920.920.880.910.830.880.790.910.910.880.910.66
0.810.160.590.840.870.860.850.870.820.410.830.880.70.690.760.660.860.830.690.660.940.740.930.920.57
0.870.550.820.760.740.820.850.730.790.80.610.780.680.930.880.870.820.880.690.860.810.930.750.840.64
0.870.150.640.850.850.830.750.760.770.590.80.840.470.740.860.70.850.790.660.860.730.840.820.820.81
0.880.250.760.860.870.910.920.870.870.60.780.890.650.830.860.760.90.910.940.810.730.870.940.970.64
0.950.370.860.880.830.930.840.740.930.780.680.890.530.90.960.820.920.910.740.930.840.870.830.930.77
0.910.10.720.910.910.920.920.940.870.530.870.940.520.770.860.70.910.880.930.750.820.940.830.950.66
0.940.210.770.930.920.960.890.860.940.620.820.940.590.830.930.750.950.910.920.840.820.970.930.950.77
0.81-0.150.450.840.820.80.470.520.810.410.730.80.30.50.820.50.820.660.570.640.810.640.770.660.77
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Lepu Medical Account Relationship Matchups

Lepu Medical fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets15.9B18.2B20.7B24.5B25.0B26.3B
Other Current Liab473.3M766.7M824.4M109.8M62.5M59.3M
Total Current Liabilities5.1B4.8B3.3B5.3B3.8B2.5B
Total Stockholder Equity7.5B9.9B11.5B15.1B16.0B16.8B
Other Liab237.0M352.9M473.7M1.1B1.2B1.3B
Retained Earnings5.8B7.3B8.7B9.6B10.2B10.7B
Accounts Payable822.3M821.0M1.4B1.5B1.0B542.5M
Cash2.0B2.4B3.8B5.5B4.2B2.2B
Other Assets1.5B2.2B1.7B2.1B2.5B2.6B
Net Receivables2.5B2.1B1.7B1.9B1.8B1.4B
Inventory1.0B1.4B1.9B2.3B2.3B2.4B
Other Current Assets92.7M175.6M288.4M90.4M188.0M119.5M
Total Liab7.9B7.6B8.4B8.1B7.5B4.2B
Intangible Assets2.0B1.9B2.1B2.4B2.7B2.8B
Property Plant Equipment1.8B2.1B2.7B3.5B4.1B4.3B
Good Will2.7B2.8B3.3B3.3B3.5B2.7B
Net Tangible Assets2.9B3.3B5.7B6.8B7.8B4.3B
Long Term Debt2.5B2.3B3.9B2.2B3.1B2.6B
Other Stockholder Equity342.2M113.2M37.5M343.7M395.2M415.0M
Deferred Long Term Liab418.1M698.5M681.9M909.3M1.0B544.2M
Total Current Assets5.6B6.6B8.1B10.7B9.3B7.2B
Non Current Assets Total10.3B11.6B12.6B13.7B15.7B11.9B
Non Currrent Assets Other489.3M241.4M298.4M446.1M1.3B1.3B
Non Current Liabilities Total2.8B2.8B5.1B2.8B3.8B3.4B
Short Long Term Debt1.5B1.9B583.9M380.8M1.0B936.7M
Non Current Liabilities Other2.4B3.2B2.5B680.0M612.0M581.4M
Net Debt2.9B2.0B1.8B669.3M602.3M572.2M
Net Invested Capital11.4B14.1B15.9B17.8B20.1B15.9B
Net Working Capital523.9M1.8B4.8B5.4B5.6B3.2B

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Other Information on Investing in Lepu Stock

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