Zhonghong Short Term Investments vs Short Long Term 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 Short Term Investments and its Short Long Term 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.

Short Term Investments vs Short Long Term Debt

Short Term Investments vs Short Long Term Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Zhonghong Pulin Medical Short Term Investments account and Short Long Term Debt. At this time, the significance of the direction appears to have pay attention.
The correlation between Zhonghong Pulin's Short Term Investments and Short Long Term Debt is -0.8. Overlapping area represents the amount of variation of Short Term Investments that can explain the historical movement of Short Long Term 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 Short Term Investments and Short Long Term 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 Short Term Investments of Zhonghong Pulin Medical are associated (or correlated) with its Short Long Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Long Term Debt has no effect on the direction of Short Term Investments i.e., Zhonghong Pulin's Short Term Investments and Short Long Term Debt go up and down completely randomly.

Correlation Coefficient

-0.8
Relationship DirectionNegative 
Relationship StrengthSignificant

Short Term Investments

Short Term Investments is an item under the current assets section of Zhonghong Pulin balance sheet. It contains any investments Zhonghong Pulin Medical undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that Zhonghong Pulin Medical can easily liquidate in the marketplace.

Short Long Term Debt

The total of a company's short-term and long-term borrowings.
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 Expense1.6M1.7M15.4M21.9M
Interest Income18.4M28.7M44.7M46.9M

Zhonghong Pulin fundamental ratios Correlations

-0.810.551.0-0.510.990.890.810.950.880.780.990.350.990.80.571.0-0.790.990.820.990.770.950.270.90.93
-0.81-0.74-0.810.33-0.86-0.91-0.94-0.62-0.52-0.8-0.74-0.03-0.82-0.44-0.57-0.790.89-0.87-0.38-0.84-0.32-0.6-0.31-0.75-0.56
0.55-0.740.5-0.420.580.870.890.480.230.940.540.230.610.560.910.49-0.490.560.390.490.40.38-0.180.230.4
1.0-0.810.5-0.480.990.860.790.940.890.730.980.320.980.770.511.0-0.80.990.81.00.740.940.320.930.92
-0.510.33-0.42-0.48-0.47-0.51-0.44-0.58-0.7-0.54-0.57-0.92-0.55-0.54-0.57-0.5-0.02-0.46-0.6-0.44-0.57-0.640.56-0.39-0.66
0.99-0.860.580.99-0.470.910.850.920.840.780.970.280.980.750.560.99-0.841.00.760.990.70.910.320.910.88
0.89-0.910.870.86-0.510.910.970.80.630.960.870.290.910.740.80.86-0.770.90.660.860.630.750.10.680.74
0.81-0.940.890.79-0.440.850.970.70.510.940.790.220.850.590.80.78-0.770.840.520.80.470.640.060.610.63
0.95-0.620.480.94-0.580.920.80.70.910.740.990.530.960.90.620.96-0.590.910.950.910.910.980.10.790.99
0.88-0.520.230.89-0.70.840.630.510.910.520.90.610.870.730.360.9-0.480.840.850.860.80.970.090.870.96
0.78-0.80.940.73-0.540.780.960.940.740.520.790.390.830.760.940.74-0.590.770.660.720.640.67-0.120.470.68
0.99-0.740.540.98-0.570.970.870.790.990.90.790.470.990.850.630.98-0.690.960.890.950.840.970.140.840.97
0.35-0.030.230.32-0.920.280.290.220.530.610.390.470.410.520.530.350.270.260.630.250.60.58-0.720.190.62
0.99-0.820.610.98-0.550.980.910.850.960.870.830.990.410.810.650.99-0.750.980.830.970.770.940.170.860.93
0.8-0.440.560.77-0.540.750.740.590.90.730.760.850.520.810.710.78-0.410.720.960.710.980.84-0.010.520.87
0.57-0.570.910.51-0.570.560.80.80.620.360.940.630.530.650.710.53-0.30.540.620.480.60.53-0.420.190.56
1.0-0.790.491.0-0.50.990.860.780.960.90.740.980.350.990.780.53-0.780.990.820.990.770.950.290.920.93
-0.790.89-0.49-0.8-0.02-0.84-0.77-0.77-0.59-0.48-0.59-0.690.27-0.75-0.41-0.3-0.78-0.85-0.35-0.85-0.31-0.56-0.68-0.8-0.51
0.99-0.870.560.99-0.461.00.90.840.910.840.770.960.260.980.720.540.99-0.850.741.00.680.90.340.920.87
0.82-0.380.390.8-0.60.760.660.520.950.850.660.890.630.830.960.620.82-0.350.740.740.990.92-0.050.60.95
0.99-0.840.491.0-0.440.990.860.80.910.860.720.950.250.970.710.480.99-0.851.00.740.680.910.370.950.88
0.77-0.320.40.74-0.570.70.630.470.910.80.640.840.60.770.980.60.77-0.310.680.990.680.87-0.050.530.9
0.95-0.60.380.94-0.640.910.750.640.980.970.670.970.580.940.840.530.95-0.560.90.920.910.870.090.851.0
0.27-0.31-0.180.320.560.320.10.060.10.09-0.120.14-0.720.17-0.01-0.420.29-0.680.34-0.050.37-0.050.090.480.03
0.9-0.750.230.93-0.390.910.680.610.790.870.470.840.190.860.520.190.92-0.80.920.60.950.530.850.480.8
0.93-0.560.40.92-0.660.880.740.630.990.960.680.970.620.930.870.560.93-0.510.870.950.880.91.00.030.8
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Zhonghong Pulin Account Relationship Matchups

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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.