Winner Net Receivables vs Other Stockholder Equity Analysis

300888 Stock   35.20  0.10  0.28%   
Winner Medical Co financial indicator trend analysis is more than just analyzing Winner Medical Co current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Winner Medical Co is a good investment. Please check the relationship between Winner Medical Co Net Receivables and its Other Stockholder Equity accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Winner 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 nation.

Net Receivables vs Other Stockholder Equity

Net Receivables vs Other Stockholder Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Winner Medical Co Net Receivables account and Other Stockholder Equity. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Winner Medical Co's Net Receivables and Other Stockholder Equity is -0.2. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Other Stockholder Equity in the same time period over historical financial statements of Winner Medical Co, assuming nothing else is changed. The correlation between historical values of Winner Medical Co's Net Receivables and Other Stockholder Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Receivables of Winner Medical Co are associated (or correlated) with its Other Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Stockholder Equity has no effect on the direction of Net Receivables i.e., Winner Medical Co's Net Receivables and Other Stockholder Equity go up and down completely randomly.

Correlation Coefficient

-0.2
Relationship DirectionNegative 
Relationship StrengthInsignificant

Net Receivables

Other Stockholder Equity

Most indicators from Winner Medical Co's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Winner Medical Co 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 Winner 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 nation.
The current year's Tax Provision is expected to grow to about 222.6 M, whereas Selling General Administrative is forecasted to decline to about 1.6 B.
 2021 2022 2023 2024 (projected)
Gross Profit4.0B5.4B4.0B3.9B
Total Revenue8.0B11.4B8.2B7.5B

Winner Medical Co fundamental ratios Correlations

0.690.940.990.860.971.00.890.980.90.80.940.780.840.940.910.050.950.740.840.980.820.820.920.830.8
0.690.640.710.340.690.710.410.70.440.440.570.610.280.650.47-0.310.620.450.590.750.480.320.390.270.14
0.940.640.890.870.840.920.920.880.960.730.880.670.810.860.950.311.00.650.810.890.740.890.840.850.75
0.990.710.890.820.991.00.851.00.840.80.940.810.810.940.86-0.080.90.750.821.00.820.760.920.780.78
0.860.340.870.820.780.840.860.820.890.680.80.620.960.780.870.410.880.610.70.80.760.980.90.980.87
0.970.690.840.990.780.980.830.990.80.80.930.810.780.930.83-0.160.860.760.80.990.820.70.920.740.79
1.00.710.921.00.840.980.870.990.870.80.950.820.830.950.89-0.030.930.770.850.990.830.780.910.80.77
0.890.410.920.850.860.830.870.830.940.820.940.720.840.880.980.280.930.780.740.820.830.860.90.890.87
0.980.70.881.00.820.990.990.830.830.790.910.770.80.920.83-0.10.890.70.820.990.780.740.920.760.79
0.90.440.960.840.890.80.870.940.830.730.880.620.860.820.970.40.970.660.820.820.730.910.880.890.85
0.80.440.730.80.680.80.80.820.790.730.890.670.720.870.75-0.140.750.760.80.780.730.640.770.730.68
0.940.570.880.940.80.930.950.940.910.880.890.860.830.980.93-0.010.90.90.830.920.910.760.90.830.8
0.780.610.670.810.620.810.820.720.770.620.670.860.710.920.74-0.20.680.940.710.810.90.550.680.640.52
0.840.280.810.810.960.780.830.840.80.860.720.830.710.830.860.310.830.70.790.780.790.930.890.970.85
0.940.650.860.940.780.930.950.880.920.820.870.980.920.830.88-0.080.870.910.850.930.910.740.850.80.71
0.910.470.950.860.870.830.890.980.830.970.750.930.740.860.880.330.960.790.770.840.840.880.880.890.84
0.05-0.310.31-0.080.41-0.16-0.030.28-0.10.4-0.14-0.01-0.20.31-0.080.330.3-0.12-0.01-0.10.030.550.130.440.27
0.950.621.00.90.880.860.930.930.890.970.750.90.680.830.870.960.30.670.830.890.750.890.860.870.77
0.740.450.650.750.610.760.770.780.70.660.760.90.940.70.910.79-0.120.670.660.730.950.560.710.680.6
0.840.590.810.820.70.80.850.740.820.820.80.830.710.790.850.77-0.010.830.660.810.620.690.710.720.58
0.980.750.891.00.80.990.990.820.990.820.780.920.810.780.930.84-0.10.890.730.810.810.740.890.760.74
0.820.480.740.820.760.820.830.830.780.730.730.910.90.790.910.840.030.750.950.620.810.710.810.80.7
0.820.320.890.760.980.70.780.860.740.910.640.760.550.930.740.880.550.890.560.690.740.710.830.980.81
0.920.390.840.920.90.920.910.90.920.880.770.90.680.890.850.880.130.860.710.710.890.810.830.880.96
0.830.270.850.780.980.740.80.890.760.890.730.830.640.970.80.890.440.870.680.720.760.80.980.880.85
0.80.140.750.780.870.790.770.870.790.850.680.80.520.850.710.840.270.770.60.580.740.70.810.960.85
Click cells to compare fundamentals

Winner Medical Co Account Relationship Matchups

Winner Medical Co fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets4.5B13.0B13.3B18.2B17.1B10.4B
Other Current Liab205.5M1.3B816.2M1.5B19.7M18.7M
Total Current Liabilities1.2B2.4B2.1B5.5B4.3B2.6B
Total Stockholder Equity3.2B10.5B10.7B11.7B11.5B7.4B
Other Liab46.7M107.1M123.0M241.0M277.2M291.1M
Net Tangible Assets3.0B10.2B10.4B9.6B11.1B6.2B
Retained Earnings1.8B5.5B6.0B7.2B6.6B4.1B
Accounts Payable735.8M756.0M770.7M1.1B1.4B904.7M
Cash480.8M4.2B4.3B4.5B4.7B2.7B
Non Current Assets Total1.9B2.0B2.9B6.1B6.6B3.3B
Non Currrent Assets Other19.0M63.8M115.6M83.5M104.9M77.1M
Other Assets253.8M328.3M413.1M422.0M485.3M309.5M
Net Receivables1.0B844.3M1.1B932.6M768.6M827.7M
Non Current Liabilities Total180.9M107.1M504.8M567.5M730.7M767.2M
Inventory992.4M1.2B1.6B1.6B1.4B1.2B
Other Current Assets180.6M159.2M179.1M348.3M383.2M213.7M
Other Stockholder Equity44.6K(1.1M)(1.6M)782.8K704.5K739.7K
Total Liab1.4B2.5B2.6B6.1B5.0B2.9B
Deferred Long Term Liab165.5M121.3M174.8M132.7M152.6M133.6M
Short Long Term Debt294.6M120M150.1M2.3B1.5B755.6M
Total Current Assets2.7B11.0B10.3B12.1B10.6B7.1B
Intangible Assets131.7M208.3M265.7M1.0B995.2M1.0B
Property Plant Equipment1.5B1.5B2.2B3.6B4.1B4.3B
Net Invested Capital3.4B10.6B10.7B14.0B13.2B9.0B
Net Working Capital1.5B8.6B8.3B6.6B6.3B5.1B

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Other Information on Investing in Winner Stock

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