Concord Other Stockholder Equity vs Property Plant Equipment Analysis

CCM Stock  USD 0.59  0.09  18.00%   
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 Other Stockholder Equity and its Property Plant Equipment 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 tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators.

Other Stockholder Equity vs Property Plant Equipment

Other Stockholder Equity vs Property Plant Equipment Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Concord Medical Services Other Stockholder Equity account and Property Plant Equipment. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Concord Medical's Other Stockholder Equity and Property Plant Equipment is -0.28. Overlapping area represents the amount of variation of Other Stockholder Equity that can explain the historical movement of Property Plant Equipment 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 Other Stockholder Equity and Property Plant Equipment is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Stockholder Equity of Concord Medical Services are associated (or correlated) with its Property Plant Equipment. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant Equipment has no effect on the direction of Other Stockholder Equity i.e., Concord Medical's Other Stockholder Equity and Property Plant Equipment go up and down completely randomly.

Correlation Coefficient

-0.28
Relationship DirectionNegative 
Relationship StrengthInsignificant

Other Stockholder Equity

Property Plant Equipment

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 tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators.
As of the 29th of April 2024, Enterprise Value is likely to grow to about 3.8 B, while Selling General Administrative is likely to drop about 186.8 M.

Concord Medical fundamental ratios Correlations

0.530.5-0.530.740.130.080.760.55-0.580.060.820.780.750.740.780.770.70.77-0.70.440.92-0.1-0.250.210.76
0.530.9-0.530.60.00.00.520.56-0.130.450.790.570.490.620.710.540.140.7-0.620.410.45-0.09-0.19-0.280.59
0.50.9-0.410.44-0.16-0.080.390.6-0.150.610.750.420.530.510.680.480.080.69-0.540.640.37-0.1-0.39-0.120.63
-0.53-0.53-0.41-0.850.40.13-0.9-0.69-0.14-0.12-0.81-0.59-0.03-0.92-0.86-0.84-0.69-0.850.95-0.4-0.740.570.390.42-0.14
0.740.60.44-0.85-0.190.210.860.6-0.270.120.860.820.370.90.810.820.60.81-0.860.280.83-0.41-0.36-0.250.43
0.130.0-0.160.4-0.190.15-0.17-0.42-0.47-0.38-0.170.070.31-0.25-0.2-0.25-0.04-0.30.33-0.4-0.110.280.850.50.23
0.080.0-0.080.130.210.15-0.11-0.47-0.5-0.10.030.490.19-0.13-0.17-0.28-0.19-0.160.21-0.54-0.02-0.140.070.230.12
0.760.520.39-0.90.86-0.17-0.110.66-0.20.040.880.640.320.980.940.930.830.92-0.940.40.87-0.38-0.34-0.190.38
0.550.560.6-0.690.6-0.42-0.470.660.110.280.690.350.320.750.750.830.520.78-0.830.830.64-0.27-0.58-0.340.43
-0.58-0.13-0.15-0.14-0.27-0.47-0.5-0.20.110.05-0.33-0.45-0.77-0.13-0.22-0.15-0.16-0.20.010.1-0.32-0.23-0.02-0.65-0.67
0.060.450.61-0.120.12-0.38-0.10.040.280.050.33-0.040.290.150.250.12-0.130.3-0.210.28-0.03-0.26-0.53-0.190.38
0.820.790.75-0.810.86-0.170.030.880.69-0.330.330.740.540.910.960.850.610.96-0.90.530.81-0.35-0.43-0.10.62
0.780.570.42-0.590.820.070.490.640.35-0.45-0.040.740.470.630.620.520.510.6-0.610.170.76-0.34-0.120.120.49
0.750.490.53-0.030.370.310.190.320.32-0.770.290.540.470.350.450.410.190.46-0.290.230.480.19-0.220.320.99
0.740.620.51-0.920.9-0.25-0.130.980.75-0.130.150.910.630.350.950.960.740.95-0.970.450.85-0.38-0.41-0.330.43
0.780.710.68-0.860.81-0.2-0.170.940.75-0.220.250.960.620.450.950.930.680.99-0.940.570.83-0.29-0.43-0.170.54
0.770.540.48-0.840.82-0.25-0.280.930.83-0.150.120.850.520.410.960.930.750.93-0.940.580.88-0.25-0.47-0.290.49
0.70.140.08-0.690.6-0.04-0.190.830.52-0.16-0.130.610.510.190.740.680.750.66-0.740.370.81-0.5-0.150.080.21
0.770.70.69-0.850.81-0.3-0.160.920.78-0.20.30.960.60.460.950.990.930.66-0.940.60.82-0.29-0.53-0.20.54
-0.7-0.62-0.540.95-0.860.330.21-0.94-0.830.01-0.21-0.9-0.61-0.29-0.97-0.94-0.94-0.74-0.94-0.55-0.830.470.460.33-0.39
0.440.410.64-0.40.28-0.4-0.540.40.830.10.280.530.170.230.450.570.580.370.6-0.550.46-0.08-0.52-0.030.31
0.920.450.37-0.740.83-0.11-0.020.870.64-0.32-0.030.810.760.480.850.830.880.810.82-0.830.46-0.21-0.35-0.030.52
-0.1-0.09-0.10.57-0.410.28-0.14-0.38-0.27-0.23-0.26-0.35-0.340.19-0.38-0.29-0.25-0.5-0.290.47-0.08-0.210.170.170.12
-0.25-0.19-0.390.39-0.360.850.07-0.34-0.58-0.02-0.53-0.43-0.12-0.22-0.41-0.43-0.47-0.15-0.530.46-0.52-0.350.170.29-0.29
0.21-0.28-0.120.42-0.250.50.23-0.19-0.34-0.65-0.19-0.10.120.32-0.33-0.17-0.290.08-0.20.33-0.03-0.030.170.290.19
0.760.590.63-0.140.430.230.120.380.43-0.670.380.620.490.990.430.540.490.210.54-0.390.310.520.12-0.290.19
Click cells to compare fundamentals

Concord Medical Account Relationship Matchups

Concord Medical fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets4.6B4.3B5.3B6.0B6.1B4.0B
Other Current Liab400.7M274.7M243.2M325.2M674.1M707.8M
Total Current Liabilities870.3M627.5M512.1M1.1B2.0B2.0B
Total Stockholder Equity437.4M(122.8M)(663.0M)(1.9B)(2.1B)(2.0B)
Other Liab287.0M270.2M230.1M268.9M309.2M324.7M
Cash404.7M74.3M334.3M158.3M58.1M55.2M
Other Assets661.1M409.9M250.6M24.0M27.6M26.2M
Long Term Debt1.3B2.0B2.2B2.5B2.0B2.1B
Good Will165.2M210.4M213.7M575.4M661.7M694.8M
Common Stock Shares Outstanding43.4M43.4M43.4M43.7M50.2M47.0M
Other Current Assets5.1M4.3M31.4M24.3M412.9M433.6M
Total Liab2.3B2.4B2.9B4.0B4.3B4.5B
Intangible Assets895.2M532.5M522.8M762.1M721.1M425.8M
Property Plant Equipment2.5B3.2B3.8B3.9B4.4B4.7B
Short Long Term Debt Total938.1M1.9B2.4B3.2B3.3B3.5B
Property Plant And Equipment Net1.2B2.5B3.2B3.4B3.7B3.9B
Current Deferred Revenue23.6M3.2M87.7M100.8M59.4M32.8M
Net Debt533.4M1.8B2.0B3.1B3.2B3.4B
Retained Earnings(1.2B)(1.8B)(2.5B)(3.8B)(4.1B)(3.9B)
Accounts Payable5.4M8.3M18.6M146.7M129.2M135.7M
Non Current Assets Total3.4B4.0B4.7B5.2B5.4B3.2B
Non Currrent Assets Other4.9M661.1M107.5M23.2M6.3M6.0M
Cash And Short Term Investments454.7M74.3M334.3M158.3M58.1M55.2M
Net Receivables343.1M199.6M280.4M512.8M73.5M69.8M
Liabilities And Stockholders Equity4.6B4.3B5.3B6.0B6.1B4.2B
Non Current Liabilities Total1.4B1.8B2.4B2.9B2.4B1.3B
Other Stockholder Equity1.8B1.8B1.8B1.9B2.0B1.6B
Property Plant And Equipment Gross2.5B3.4B3.6B3.8B4.1B4.3B
Total Current Assets1.2B282.5M676.0M759.8M617.2M741.5M
Accumulated Other Comprehensive Income(88.6M)(97.3M)(46.4M)(27.8M)(65.4M)(62.1M)
Short Term Debt440.6M341.3M162.5M548.5M1.1B1.1B
Short Term Investments50M35.2M25.0M2.7M2.4M2.3M
Inventory3.4M4.3M21.6M84.8M40.3M27.4M
Net Tangible Assets(865.7M)(1.4B)(2.6B)(2.8B)(2.5B)(2.4B)
Long Term Investments64.9M313.0M390.6M437.9M394.7M319.4M
Short Long Term Debt328.4M148.9M299.4M512.6M1.0B537.8M
When determining whether Concord Medical Services is a strong investment it is important to analyze Concord Medical's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Concord Medical's future performance. For an informed investment choice regarding Concord Stock, refer to the following important reports:
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 tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators.
Note that the Concord Medical Services information on this page should be used as a complementary analysis to other Concord Medical's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Funds Screener module to find actively-traded funds from around the world traded on over 30 global exchanges.

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Is Concord Medical's industry 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
(0.94)
Revenue Per Share
12.302
Quarterly Revenue Growth
(0.23)
Return On Assets
(0.05)
Return On Equity
(0.28)
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.