Zhonghong Common Stock Shares Outstanding vs Net Debt Analysis

300981 Stock

13.86 0.73 5.00%

Zhonghong Pulin financial indicator trend analysis is more than just analyzing Zhonghong Pulin Medical current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Zhonghong Pulin Medical is a good investment. Please check the relationship between Zhonghong Pulin Common Stock Shares Outstanding and its Net Debt accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Zhonghong Pulin Medical. 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.

Common Stock Shares Outstanding vs Net Debt

Common Stock Shares Outstanding vs Net Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Zhonghong Pulin Medical Common Stock Shares Outstanding account and Net Debt. At this time, the significance of the direction appears to have strong contrarian relationship.

The correlation between Zhonghong Pulin's Common Stock Shares Outstanding and Net Debt is -0.57. Overlapping area represents the amount of variation of Common Stock Shares Outstanding that can explain the historical movement of Net Debt in the same time period over historical financial statements of Zhonghong Pulin Medical, assuming nothing else is changed. The correlation between historical values of Zhonghong Pulin's Common Stock Shares Outstanding and Net 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 Common Stock Shares Outstanding of Zhonghong Pulin Medical are associated (or correlated) with its Net Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Debt has no effect on the direction of Common Stock Shares Outstanding i.e., Zhonghong Pulin's Common Stock Shares Outstanding and Net Debt go up and down completely randomly.

Correlation Coefficient

-0.57

Relationship Direction	Negative
Relationship Strength	Very Weak

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Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.

Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.

Most indicators from Zhonghong Pulin's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Zhonghong Pulin 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 Zhonghong Pulin Medical. 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 (9.5 M). In addition to that, Selling General Administrative is expected to decline to about 83.2 M

	2021	2022	2023	2024 (projected)
Interest Expense	1.6M	1.7M	15.4M	21.9M
Interest Income	18.4M	28.7M	44.7M	46.9M

Interest Expense Interest Income

Zhonghong Pulin fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Long Term Debt	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Total Liab	Net Invested Capital	Short Long Term Debt	Total Current Assets	Capital Stock	Net Working Capital	Intangible Assets	Property Plant And Equipment Net	Non Currrent Assets Other	Short Term Investments	Property Plant And Equipment Gross
Total Assets		-0.81	0.55	1.0	-0.51	0.99	0.89	0.81	0.95	0.88	0.78	0.99	0.35	0.99	0.8	0.57	1.0	-0.79	0.99	0.82	0.99	0.77	0.95	0.27	0.9	0.93
Other Current Liab	-0.81		-0.74	-0.81	0.33	-0.86	-0.91	-0.94	-0.62	-0.52	-0.8	-0.74	-0.03	-0.82	-0.44	-0.57	-0.79	0.89	-0.87	-0.38	-0.84	-0.32	-0.6	-0.31	-0.75	-0.56
Total Current Liabilities	0.55	-0.74		0.5	-0.42	0.58	0.87	0.89	0.48	0.23	0.94	0.54	0.23	0.61	0.56	0.91	0.49	-0.49	0.56	0.39	0.49	0.4	0.38	-0.18	0.23	0.4
Total Stockholder Equity	1.0	-0.81	0.5		-0.48	0.99	0.86	0.79	0.94	0.89	0.73	0.98	0.32	0.98	0.77	0.51	1.0	-0.8	0.99	0.8	1.0	0.74	0.94	0.32	0.93	0.92
Net Debt	-0.51	0.33	-0.42	-0.48		-0.47	-0.51	-0.44	-0.58	-0.7	-0.54	-0.57	-0.92	-0.55	-0.54	-0.57	-0.5	-0.02	-0.46	-0.6	-0.44	-0.57	-0.64	0.56	-0.39	-0.66
Retained Earnings	0.99	-0.86	0.58	0.99	-0.47		0.91	0.85	0.92	0.84	0.78	0.97	0.28	0.98	0.75	0.56	0.99	-0.84	1.0	0.76	0.99	0.7	0.91	0.32	0.91	0.88
Accounts Payable	0.89	-0.91	0.87	0.86	-0.51	0.91		0.97	0.8	0.63	0.96	0.87	0.29	0.91	0.74	0.8	0.86	-0.77	0.9	0.66	0.86	0.63	0.75	0.1	0.68	0.74
Cash	0.81	-0.94	0.89	0.79	-0.44	0.85	0.97		0.7	0.51	0.94	0.79	0.22	0.85	0.59	0.8	0.78	-0.77	0.84	0.52	0.8	0.47	0.64	0.06	0.61	0.63
Non Current Assets Total	0.95	-0.62	0.48	0.94	-0.58	0.92	0.8	0.7		0.91	0.74	0.99	0.53	0.96	0.9	0.62	0.96	-0.59	0.91	0.95	0.91	0.91	0.98	0.1	0.79	0.99
Long Term Debt	0.88	-0.52	0.23	0.89	-0.7	0.84	0.63	0.51	0.91		0.52	0.9	0.61	0.87	0.73	0.36	0.9	-0.48	0.84	0.85	0.86	0.8	0.97	0.09	0.87	0.96
Net Receivables	0.78	-0.8	0.94	0.73	-0.54	0.78	0.96	0.94	0.74	0.52		0.79	0.39	0.83	0.76	0.94	0.74	-0.59	0.77	0.66	0.72	0.64	0.67	-0.12	0.47	0.68
Common Stock Shares Outstanding	0.99	-0.74	0.54	0.98	-0.57	0.97	0.87	0.79	0.99	0.9	0.79		0.47	0.99	0.85	0.63	0.98	-0.69	0.96	0.89	0.95	0.84	0.97	0.14	0.84	0.97
Non Current Liabilities Total	0.35	-0.03	0.23	0.32	-0.92	0.28	0.29	0.22	0.53	0.61	0.39	0.47		0.41	0.52	0.53	0.35	0.27	0.26	0.63	0.25	0.6	0.58	-0.72	0.19	0.62
Inventory	0.99	-0.82	0.61	0.98	-0.55	0.98	0.91	0.85	0.96	0.87	0.83	0.99	0.41		0.81	0.65	0.99	-0.75	0.98	0.83	0.97	0.77	0.94	0.17	0.86	0.93
Other Current Assets	0.8	-0.44	0.56	0.77	-0.54	0.75	0.74	0.59	0.9	0.73	0.76	0.85	0.52	0.81		0.71	0.78	-0.41	0.72	0.96	0.71	0.98	0.84	-0.01	0.52	0.87
Total Liab	0.57	-0.57	0.91	0.51	-0.57	0.56	0.8	0.8	0.62	0.36	0.94	0.63	0.53	0.65	0.71		0.53	-0.3	0.54	0.62	0.48	0.6	0.53	-0.42	0.19	0.56
Net Invested Capital	1.0	-0.79	0.49	1.0	-0.5	0.99	0.86	0.78	0.96	0.9	0.74	0.98	0.35	0.99	0.78	0.53		-0.78	0.99	0.82	0.99	0.77	0.95	0.29	0.92	0.93
Short Long Term Debt	-0.79	0.89	-0.49	-0.8	-0.02	-0.84	-0.77	-0.77	-0.59	-0.48	-0.59	-0.69	0.27	-0.75	-0.41	-0.3	-0.78		-0.85	-0.35	-0.85	-0.31	-0.56	-0.68	-0.8	-0.51
Total Current Assets	0.99	-0.87	0.56	0.99	-0.46	1.0	0.9	0.84	0.91	0.84	0.77	0.96	0.26	0.98	0.72	0.54	0.99	-0.85		0.74	1.0	0.68	0.9	0.34	0.92	0.87
Capital Stock	0.82	-0.38	0.39	0.8	-0.6	0.76	0.66	0.52	0.95	0.85	0.66	0.89	0.63	0.83	0.96	0.62	0.82	-0.35	0.74		0.74	0.99	0.92	-0.05	0.6	0.95
Net Working Capital	0.99	-0.84	0.49	1.0	-0.44	0.99	0.86	0.8	0.91	0.86	0.72	0.95	0.25	0.97	0.71	0.48	0.99	-0.85	1.0	0.74		0.68	0.91	0.37	0.95	0.88
Intangible Assets	0.77	-0.32	0.4	0.74	-0.57	0.7	0.63	0.47	0.91	0.8	0.64	0.84	0.6	0.77	0.98	0.6	0.77	-0.31	0.68	0.99	0.68		0.87	-0.05	0.53	0.9
Property Plant And Equipment Net	0.95	-0.6	0.38	0.94	-0.64	0.91	0.75	0.64	0.98	0.97	0.67	0.97	0.58	0.94	0.84	0.53	0.95	-0.56	0.9	0.92	0.91	0.87		0.09	0.85	1.0
Non Currrent Assets Other	0.27	-0.31	-0.18	0.32	0.56	0.32	0.1	0.06	0.1	0.09	-0.12	0.14	-0.72	0.17	-0.01	-0.42	0.29	-0.68	0.34	-0.05	0.37	-0.05	0.09		0.48	0.03
Short Term Investments	0.9	-0.75	0.23	0.93	-0.39	0.91	0.68	0.61	0.79	0.87	0.47	0.84	0.19	0.86	0.52	0.19	0.92	-0.8	0.92	0.6	0.95	0.53	0.85	0.48		0.8
Property Plant And Equipment Gross	0.93	-0.56	0.4	0.92	-0.66	0.88	0.74	0.63	0.99	0.96	0.68	0.97	0.62	0.93	0.87	0.56	0.93	-0.51	0.87	0.95	0.88	0.9	1.0	0.03	0.8

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C	Citigroup
GM	General Motors
F	Ford Motor

Other Information on Investing in Zhonghong Stock

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

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Zhonghong Common Stock Shares Outstanding vs Net Debt Analysis

Common Stock Shares Outstanding vs Net Debt

Common Stock Shares Outstanding vs Net Debt Correlation Analysis

Correlation Coefficient

Common Stock Shares Outstanding

Net Debt

Zhonghong Pulin fundamental ratios Correlations

Zhonghong Pulin Account Relationship Matchups

High Positive Relationship

High Negative Relationship

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Other Information on Investing in Zhonghong Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Stockholder Equity	+ 1.0	Total Assets
Net Invested Capital	+ 1.0	Total Assets
Net Invested Capital	+ 1.0	Total Stockholder Equity
Net Working Capital	+ 1.0	Total Stockholder Equity
Total Current Assets	+ 1.0	Retained Earnings
Net Working Capital	+ 1.0	Total Current Assets

Cash	- 0.94	Other Current Liab
Non Current Liabilities Total	- 0.92	Net Debt
Accounts Payable	- 0.91	Other Current Liab
Total Current Assets	- 0.87	Other Current Liab
Retained Earnings	- 0.86	Other Current Liab
Net Working Capital	- 0.85	Short Long Term Debt