Shandong Dividends Paid vs Free Cash Flow Analysis

603182 Stock

12.53 0.07 0.56%

Shandong Sinoglory financial indicator trend analysis is much more than just breaking down Shandong Sinoglory Health prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Shandong Sinoglory Health is a good investment. Please check the relationship between Shandong Sinoglory Dividends Paid and its Free Cash Flow accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Shandong Sinoglory Health. 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.

Dividends Paid vs Free Cash Flow

Dividends Paid vs Free Cash Flow Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Shandong Sinoglory Health Dividends Paid account and Free Cash Flow. At this time, the significance of the direction appears to have pay attention.

The correlation between Shandong Sinoglory's Dividends Paid and Free Cash Flow is -0.98. Overlapping area represents the amount of variation of Dividends Paid that can explain the historical movement of Free Cash Flow in the same time period over historical financial statements of Shandong Sinoglory Health, assuming nothing else is changed. The correlation between historical values of Shandong Sinoglory's Dividends Paid and Free Cash Flow is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Dividends Paid of Shandong Sinoglory Health are associated (or correlated) with its Free Cash Flow. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Free Cash Flow has no effect on the direction of Dividends Paid i.e., Shandong Sinoglory's Dividends Paid and Free Cash Flow go up and down completely randomly.

Correlation Coefficient

-0.98

Relationship Direction	Negative
Relationship Strength	Significant

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Dividends Paid

The total amount of dividends that a company has paid out to its shareholders over a specific period.

Free Cash Flow

The amount of cash a company generates after accounting for cash outflows to support operations and maintain its capital assets.

Most indicators from Shandong Sinoglory's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Shandong Sinoglory Health 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 Shandong Sinoglory Health. 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.

As of November 30, 2024, Tax Provision is expected to decline to about 32.5 M. In addition to that, Selling General Administrative is expected to decline to about 19.9 M

	2021	2022	2023	2024 (projected)
Interest Expense	4.0M	3.2M	1.6M	2.3M
Interest Income	981.8K	2.8M	7.1M	7.5M

Interest Expense Interest Income

Shandong Sinoglory fundamental ratios Correlations

	Long Term Debt	Short Long Term Debt	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Net Receivables	Common Stock Shares Outstanding	Short Term Investments	Non Current Liabilities Total	Inventory	Other Current Assets	Total Liab	Net Invested Capital	Property Plant And Equipment Gross	Total Current Assets	Capital Stock	Net Working Capital	Intangible Assets
Long Term Debt		-0.44	0.78	0.57	0.61	0.74	0.6	0.79	0.7	0.68	0.66	-0.66	0.74	0.7	0.84	-0.65	0.83	0.73	0.23	0.75	0.7	0.78	0.7	0.73	0.68
Short Long Term Debt	-0.44		-0.88	-0.88	-0.05	-0.92	-0.67	-0.86	-0.27	-0.89	-0.79	0.92	-0.78	-0.93	-0.66	0.87	-0.76	-0.74	0.41	-0.92	-0.78	-0.87	-0.93	-0.91	-0.92
Total Assets	0.78	-0.88		0.85	0.47	0.99	0.78	1.0	0.64	0.93	0.87	-0.95	0.91	0.97	0.91	-0.93	0.97	0.89	-0.09	0.99	0.9	0.99	0.97	0.98	0.96
Other Current Liab	0.57	-0.88	0.85		0.19	0.87	0.91	0.85	0.17	0.7	0.95	-0.82	0.92	0.95	0.66	-0.76	0.74	0.91	-0.23	0.88	0.94	0.79	0.95	0.81	0.95
Total Current Liabilities	0.61	-0.05	0.47	0.19		0.36	0.49	0.51	0.84	0.23	0.45	-0.26	0.54	0.31	0.71	-0.3	0.65	0.58	0.68	0.38	0.51	0.45	0.31	0.33	0.31
Total Stockholder Equity	0.74	-0.92	0.99	0.87	0.36		0.75	0.98	0.56	0.95	0.86	-0.97	0.89	0.98	0.87	-0.94	0.94	0.86	-0.18	1.0	0.88	0.99	0.98	0.99	0.97
Property Plant And Equipment Net	0.6	-0.67	0.78	0.91	0.49	0.75		0.8	0.29	0.51	0.98	-0.69	0.95	0.84	0.68	-0.66	0.74	0.97	0.02	0.78	0.97	0.7	0.84	0.66	0.86
Retained Earnings	0.79	-0.86	1.0	0.85	0.51	0.98	0.8		0.65	0.91	0.89	-0.93	0.93	0.97	0.92	-0.92	0.98	0.92	-0.04	0.99	0.92	0.99	0.97	0.97	0.95
Accounts Payable	0.7	-0.27	0.64	0.17	0.84	0.56	0.29	0.65		0.59	0.36	-0.5	0.49	0.43	0.83	-0.54	0.79	0.49	0.45	0.56	0.43	0.68	0.43	0.59	0.41
Cash	0.68	-0.89	0.93	0.7	0.23	0.95	0.51	0.91	0.59		0.66	-0.95	0.71	0.88	0.79	-0.94	0.87	0.67	-0.28	0.94	0.69	0.96	0.88	0.98	0.87
Non Current Assets Total	0.66	-0.79	0.87	0.95	0.45	0.86	0.98	0.89	0.36	0.66		-0.81	0.98	0.93	0.75	-0.78	0.82	0.99	-0.07	0.88	1.0	0.81	0.93	0.79	0.94
Non Currrent Assets Other	-0.66	0.92	-0.95	-0.82	-0.26	-0.97	-0.69	-0.93	-0.5	-0.95	-0.81		-0.8	-0.94	-0.75	0.99	-0.87	-0.79	0.38	-0.96	-0.83	-0.95	-0.94	-0.97	-0.95
Net Receivables	0.74	-0.78	0.91	0.92	0.54	0.89	0.95	0.93	0.49	0.71	0.98	-0.8		0.94	0.86	-0.77	0.89	0.99	0.09	0.91	0.99	0.86	0.94	0.83	0.93
Common Stock Shares Outstanding	0.7	-0.93	0.97	0.95	0.31	0.98	0.84	0.97	0.43	0.88	0.93	-0.94	0.94		0.81	-0.91	0.89	0.91	-0.21	0.99	0.94	0.94	1.0	0.95	0.99
Short Term Investments	0.84	-0.66	0.91	0.66	0.71	0.87	0.68	0.92	0.83	0.79	0.75	-0.75	0.86	0.81		-0.73	0.97	0.83	0.33	0.87	0.79	0.91	0.81	0.86	0.77
Non Current Liabilities Total	-0.65	0.87	-0.93	-0.76	-0.3	-0.94	-0.66	-0.92	-0.54	-0.94	-0.78	0.99	-0.77	-0.91	-0.73		-0.87	-0.76	0.38	-0.94	-0.8	-0.93	-0.91	-0.94	-0.93
Inventory	0.83	-0.76	0.97	0.74	0.65	0.94	0.74	0.98	0.79	0.87	0.82	-0.87	0.89	0.89	0.97	-0.87		0.88	0.12	0.94	0.86	0.97	0.89	0.93	0.88
Other Current Assets	0.73	-0.74	0.89	0.91	0.58	0.86	0.97	0.92	0.49	0.67	0.99	-0.79	0.99	0.91	0.83	-0.76	0.88		0.08	0.88	0.99	0.84	0.91	0.8	0.92
Total Liab	0.23	0.41	-0.09	-0.23	0.68	-0.18	0.02	-0.04	0.45	-0.28	-0.07	0.38	0.09	-0.21	0.33	0.38	0.12	0.08		-0.16	-0.02	-0.09	-0.21	-0.2	-0.26
Net Invested Capital	0.75	-0.92	0.99	0.88	0.38	1.0	0.78	0.99	0.56	0.94	0.88	-0.96	0.91	0.99	0.87	-0.94	0.94	0.88	-0.16		0.9	0.99	0.99	0.99	0.98
Property Plant And Equipment Gross	0.7	-0.78	0.9	0.94	0.51	0.88	0.97	0.92	0.43	0.69	1.0	-0.83	0.99	0.94	0.79	-0.8	0.86	0.99	-0.02	0.9		0.84	0.94	0.81	0.94
Total Current Assets	0.78	-0.87	0.99	0.79	0.45	0.99	0.7	0.99	0.68	0.96	0.81	-0.95	0.86	0.94	0.91	-0.93	0.97	0.84	-0.09	0.99	0.84		0.94	0.99	0.93
Capital Stock	0.7	-0.93	0.97	0.95	0.31	0.98	0.84	0.97	0.43	0.88	0.93	-0.94	0.94	1.0	0.81	-0.91	0.89	0.91	-0.21	0.99	0.94	0.94		0.95	0.99
Net Working Capital	0.73	-0.91	0.98	0.81	0.33	0.99	0.66	0.97	0.59	0.98	0.79	-0.97	0.83	0.95	0.86	-0.94	0.93	0.8	-0.2	0.99	0.81	0.99	0.95		0.93
Intangible Assets	0.68	-0.92	0.96	0.95	0.31	0.97	0.86	0.95	0.41	0.87	0.94	-0.95	0.93	0.99	0.77	-0.93	0.88	0.92	-0.26	0.98	0.94	0.93	0.99	0.93

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Shandong Sinoglory Account Relationship Matchups

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Other Information on Investing in Shandong Stock

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

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Shandong Dividends Paid vs Free Cash Flow Analysis

Dividends Paid vs Free Cash Flow

Dividends Paid vs Free Cash Flow Correlation Analysis

Correlation Coefficient

Dividends Paid

Free Cash Flow

Shandong Sinoglory fundamental ratios Correlations

Shandong Sinoglory Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Currently Active Assets on Macroaxis

Other Information on Investing in Shandong Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Retained Earnings	+ 1.0	Total Assets
Net Invested Capital	+ 1.0	Total Stockholder Equity
Property Plant And Equipment Gross	+ 1.0	Non Current Assets Total
Capital Stock	+ 1.0	Common Stock Shares Outstanding
Total Stockholder Equity	+ 0.99	Total Assets
Net Invested Capital	+ 0.99	Total Assets

Net Working Capital	- 0.97	Non Currrent Assets Other
Non Currrent Assets Other	- 0.97	Total Stockholder Equity
Net Invested Capital	- 0.96	Non Currrent Assets Other
Intangible Assets	- 0.95	Non Currrent Assets Other
Total Current Assets	- 0.95	Non Currrent Assets Other
Non Currrent Assets Other	- 0.95	Cash