Concord Good Will vs Short Long Term Debt Total Analysis
CCM Stock | USD 5.09 0.16 3.25% |
Concord Medical financial indicator trend analysis is way more than just evaluating Concord Medical Services prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Concord Medical Services is a good investment. Please check the relationship between Concord Medical Good Will and its Short Long Term Debt Total accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Concord Medical Services. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.
Good Will vs Short Long Term Debt Total
Good Will vs Short Long Term Debt Total Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Concord Medical Services Good Will account and Short Long Term Debt Total. At this time, the significance of the direction appears to have strong relationship.
The correlation between Concord Medical's Good Will and Short Long Term Debt Total is 0.79. Overlapping area represents the amount of variation of Good Will that can explain the historical movement of Short Long Term Debt Total in the same time period over historical financial statements of Concord Medical Services, assuming nothing else is changed. The correlation between historical values of Concord Medical's Good Will and Short Long Term Debt Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Good Will of Concord Medical Services are associated (or correlated) with its Short Long Term Debt Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Long Term Debt Total has no effect on the direction of Good Will i.e., Concord Medical's Good Will and Short Long Term Debt Total go up and down completely randomly.
Correlation Coefficient | 0.79 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Good Will
An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.Short Long Term Debt Total
Most indicators from Concord Medical's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Concord Medical Services 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 Concord Medical Services. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators. As of the 29th of November 2024, Enterprise Value is likely to grow to about 6.9 B, while Selling General Administrative is likely to drop about 190.2 M.
Concord Medical fundamental ratios Correlations
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Concord Medical Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Concord Medical fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 4.3B | 5.3B | 6.2B | 6.0B | 6.1B | 4.0B | |
Other Current Liab | 274.7M | 243.2M | 646.0M | 397.2M | 716.3M | 752.2M | |
Total Current Liabilities | 627.5M | 512.1M | 804.5M | 1.1B | 2.0B | 2.0B | |
Total Stockholder Equity | (122.8M) | (663.0M) | (1.4B) | (1.9B) | (2.1B) | (2.0B) | |
Other Liab | 287.0M | 270.2M | 230.1M | 268.9M | 309.2M | 324.7M | |
Cash | 74.3M | 334.3M | 157.4M | 158.3M | 58.1M | 55.2M | |
Other Assets | 661.1M | 409.9M | 250.6M | 24.0M | 27.6M | 26.2M | |
Long Term Debt | 1.3B | 2.0B | 2.2B | 2.5B | 2.0B | 2.1B | |
Good Will | 210.4M | 213.7M | 581.9M | 575.4M | 661.7M | 694.8M | |
Common Stock Shares Outstanding | 43.4M | 43.4M | 43.7M | 4.4M | 3.9M | 3.7M | |
Other Current Assets | 4.3M | 31.4M | 258.4M | 386.4M | 445.2M | 467.5M | |
Total Liab | 2.4B | 2.9B | 3.5B | 4.0B | 4.3B | 4.5B | |
Intangible Assets | 532.5M | 522.8M | 1.1B | 762.1M | 323.3M | 435.8M | |
Property Plant Equipment | 2.5B | 3.2B | 3.8B | 3.9B | 4.4B | 4.7B | |
Short Long Term Debt Total | 1.9B | 2.4B | 2.7B | 3.2B | 3.3B | 3.5B | |
Property Plant And Equipment Net | 2.5B | 3.2B | 3.3B | 3.4B | 4.1B | 4.3B | |
Current Deferred Revenue | 3.2M | 87.7M | 81.0M | 100.8M | 59.4M | 32.4M | |
Net Debt | 1.8B | 2.0B | 2.6B | 3.1B | 3.2B | 3.4B | |
Retained Earnings | (1.8B) | (2.5B) | (3.3B) | (3.8B) | (4.1B) | (3.9B) | |
Accounts Payable | 8.3M | 18.6M | 102.5M | 146.7M | 129.2M | 135.7M | |
Non Current Assets Total | 4.0B | 4.7B | 5.6B | 5.2B | 5.4B | 3.3B | |
Non Currrent Assets Other | 661.1M | 107.5M | 13.6M | 23.2M | 16.1M | 15.3M | |
Cash And Short Term Investments | 74.3M | 334.3M | 157.4M | 158.3M | 58.1M | 55.2M | |
Net Receivables | 199.6M | 280.4M | 130.6M | 130.3M | 73.5M | 69.8M | |
Liabilities And Stockholders Equity | 4.3B | 5.3B | 6.2B | 6.0B | 6.1B | 4.3B | |
Non Current Liabilities Total | 1.8B | 2.4B | 2.7B | 2.9B | 2.4B | 1.3B | |
Other Stockholder Equity | 1.8B | 1.8B | 1.9B | 1.9B | 2.0B | 1.7B | |
Property Plant And Equipment Gross | 2.5B | 3.4B | 3.6B | 3.8B | 4.1B | 4.3B | |
Total Current Assets | 282.5M | 676.0M | 584.5M | 759.8M | 617.2M | 736.9M | |
Accumulated Other Comprehensive Income | (97.3M) | (46.4M) | (29.5M) | (27.8M) | (65.4M) | (62.1M) | |
Short Term Debt | 341.3M | 162.5M | 35.1M | 548.5M | 1.1B | 1.1B | |
Short Term Investments | 50M | 35.2M | 25.0M | 2.7M | 2.4M | 2.3M | |
Inventory | 4.3M | 21.6M | 38.1M | 84.8M | 40.3M | 28.3M | |
Net Tangible Assets | (865.7M) | (1.4B) | (2.6B) | (2.8B) | (2.5B) | (2.4B) | |
Long Term Investments | 64.9M | 313.0M | 390.6M | 437.9M | 394.7M | 319.4M | |
Short Long Term Debt | 328.4M | 148.9M | 299.4M | 512.6M | 1.0B | 537.8M |
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Is Health Care Providers & Services space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Concord Medical. If investors know Concord will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Concord Medical listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (11.96) | Revenue Per Share 107.978 | Quarterly Revenue Growth (0.23) | Return On Assets (0.04) | Return On Equity (0.32) |
The market value of Concord Medical Services is measured differently than its book value, which is the value of Concord that is recorded on the company's balance sheet. Investors also form their own opinion of Concord Medical's value that differs from its market value or its book value, called intrinsic value, which is Concord Medical's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Concord Medical's market value can be influenced by many factors that don't directly affect Concord Medical's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Concord Medical's value and its price as these two are different measures arrived at by different means. Investors typically determine if Concord Medical is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Concord Medical's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.