Zhonghong Short Long Term Debt vs Total Current Liabilities 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 Short Long Term Debt and its Total Current Liabilities 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.

Short Long Term Debt vs Total Current Liabilities

Short Long Term Debt vs Total Current Liabilities Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Zhonghong Pulin Medical Short Long Term Debt account and Total Current Liabilities. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between Zhonghong Pulin's Short Long Term Debt and Total Current Liabilities is -0.49. Overlapping area represents the amount of variation of Short Long Term Debt that can explain the historical movement of Total Current Liabilities 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 Short Long Term Debt and Total Current Liabilities is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Long Term Debt of Zhonghong Pulin Medical are associated (or correlated) with its Total Current Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Liabilities has no effect on the direction of Short Long Term Debt i.e., Zhonghong Pulin's Short Long Term Debt and Total Current Liabilities go up and down completely randomly.

Correlation Coefficient

-0.49

Relationship Direction	Negative
Relationship Strength	Very Weak

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Short Long Term Debt

The total of a company's short-term and long-term borrowings.

Total Current Liabilities

Total Current Liabilities is an item on Zhonghong Pulin balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Zhonghong Pulin Medical are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.

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

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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 Short Long Term Debt vs Total Current Liabilities Analysis

Short Long Term Debt vs Total Current Liabilities

Short Long Term Debt vs Total Current Liabilities Correlation Analysis

Correlation Coefficient

Short Long Term Debt

Total Current Liabilities

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