600568 Stock | | | 1.57 0.01 0.64% |
Zhongzhu Medical financial indicator trend analysis is more than just analyzing Zhongzhu Medical Holdings current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Zhongzhu Medical Holdings is a good investment. Please check the relationship between Zhongzhu Medical Ebitda and its Cost Of Revenue accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Zhongzhu Medical Holdings. 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.
Ebitda vs Cost Of Revenue
Ebitda vs Cost Of Revenue Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Zhongzhu Medical Holdings Ebitda account and
Cost Of Revenue. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Zhongzhu Medical's Ebitda and Cost Of Revenue is 0.13. Overlapping area represents the amount of variation of Ebitda that can explain the historical movement of Cost Of Revenue in the same time period over historical financial statements of Zhongzhu Medical Holdings, assuming nothing else is changed. The correlation between historical values of Zhongzhu Medical's Ebitda and Cost Of Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Ebitda of Zhongzhu Medical Holdings are associated (or correlated) with its Cost Of Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cost Of Revenue has no effect on the direction of Ebitda i.e., Zhongzhu Medical's Ebitda and Cost Of Revenue go up and down completely randomly.
Correlation Coefficient | 0.13 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
Ebitda
Cost Of Revenue
Cost of Revenue is found on Zhongzhu Medical Holdings income statement and represents the costs associated with goods and services Zhongzhu Medical provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.
Most indicators from Zhongzhu Medical's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Zhongzhu Medical Holdings 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 Zhongzhu Medical Holdings. 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
Selling General Administrative is expected to grow to about 86.5
M, whereas
Tax Provision is forecasted to decline to about 15.1
K.
Zhongzhu Medical fundamental ratios Correlations
Click cells to compare fundamentals
Zhongzhu Medical Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Zhongzhu Medical fundamental ratios Accounts
Currently Active Assets on Macroaxis
Other Information on Investing in Zhongzhu Stock
Balance Sheet is a snapshot of the
financial position of Zhongzhu Medical Holdings at a specified time, usually calculated after every quarter, six months, or one year. Zhongzhu Medical Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Zhongzhu 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 Zhongzhu currently owns. An asset can also be divided into two categories, current and non-current.