Concord Total Stockholder Equity vs Common Stock Analysis

CCM Stock

USD 0.56 0.06 9.68%

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 Total Stockholder Equity and its Common Stock 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.

Total Stockholder Equity vs Common Stock

Total Stockholder Equity vs Common Stock Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Concord Medical Services Total Stockholder Equity account and Common Stock. At this time, the significance of the direction appears to have weak contrarian relationship.

The correlation between Concord Medical's Total Stockholder Equity and Common Stock is -0.03. Overlapping area represents the amount of variation of Total Stockholder Equity that can explain the historical movement of Common Stock 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 Total Stockholder Equity and Common Stock is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Stockholder Equity of Concord Medical Services are associated (or correlated) with its Common Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock has no effect on the direction of Total Stockholder Equity i.e., Concord Medical's Total Stockholder Equity and Common Stock go up and down completely randomly.

Correlation Coefficient

-0.03

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.

Common Stock

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 10th of May 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

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Cash	Other Assets	Long Term Debt	Good Will	Common Stock Shares Outstanding	Other Current Assets	Total Liab	Intangible Assets	Common Stock	Property Plant Equipment	Short Long Term Debt Total	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Total Equity
Total Assets		0.53	0.5	-0.53	0.74	0.13	0.08	0.76	0.55	-0.58	0.06	0.82	0.78	0.75	0.74	0.78	0.77	0.7	0.77	-0.7	0.44	0.92	-0.1	-0.25	0.21	0.76
Other Current Liab	0.53		0.9	-0.53	0.6	0.0	0.0	0.52	0.56	-0.13	0.45	0.79	0.57	0.49	0.62	0.71	0.54	0.14	0.7	-0.62	0.41	0.45	-0.09	-0.19	-0.28	0.59
Total Current Liabilities	0.5	0.9		-0.41	0.44	-0.16	-0.08	0.39	0.6	-0.15	0.61	0.75	0.42	0.53	0.51	0.68	0.48	0.08	0.69	-0.54	0.64	0.37	-0.1	-0.39	-0.12	0.63
Total Stockholder Equity	-0.53	-0.53	-0.41		-0.85	0.4	0.13	-0.9	-0.69	-0.14	-0.12	-0.81	-0.59	-0.03	-0.92	-0.86	-0.84	-0.69	-0.85	0.95	-0.4	-0.74	0.57	0.39	0.42	-0.14
Other Liab	0.74	0.6	0.44	-0.85		-0.19	0.21	0.86	0.6	-0.27	0.12	0.86	0.82	0.37	0.9	0.81	0.82	0.6	0.81	-0.86	0.28	0.83	-0.41	-0.36	-0.25	0.43
Cash	0.13	0.0	-0.16	0.4	-0.19		0.15	-0.17	-0.42	-0.47	-0.38	-0.17	0.07	0.31	-0.25	-0.2	-0.25	-0.04	-0.3	0.33	-0.4	-0.11	0.28	0.85	0.5	0.23
Other Assets	0.08	0.0	-0.08	0.13	0.21	0.15		-0.11	-0.47	-0.5	-0.1	0.03	0.49	0.19	-0.13	-0.17	-0.28	-0.19	-0.16	0.21	-0.54	-0.02	-0.14	0.07	0.23	0.12
Long Term Debt	0.76	0.52	0.39	-0.9	0.86	-0.17	-0.11		0.66	-0.2	0.04	0.88	0.64	0.32	0.98	0.94	0.93	0.83	0.92	-0.94	0.4	0.87	-0.38	-0.34	-0.19	0.38
Good Will	0.55	0.56	0.6	-0.69	0.6	-0.42	-0.47	0.66		0.11	0.28	0.69	0.35	0.32	0.75	0.75	0.83	0.52	0.78	-0.83	0.83	0.64	-0.27	-0.58	-0.34	0.43
Common Stock Shares Outstanding	-0.58	-0.13	-0.15	-0.14	-0.27	-0.47	-0.5	-0.2	0.11		0.05	-0.33	-0.45	-0.77	-0.13	-0.22	-0.15	-0.16	-0.2	0.01	0.1	-0.32	-0.23	-0.02	-0.65	-0.67
Other Current Assets	0.06	0.45	0.61	-0.12	0.12	-0.38	-0.1	0.04	0.28	0.05		0.33	-0.04	0.29	0.15	0.25	0.12	-0.13	0.3	-0.21	0.28	-0.03	-0.26	-0.53	-0.19	0.38
Total Liab	0.82	0.79	0.75	-0.81	0.86	-0.17	0.03	0.88	0.69	-0.33	0.33		0.74	0.54	0.91	0.96	0.85	0.61	0.96	-0.9	0.53	0.81	-0.35	-0.43	-0.1	0.62
Intangible Assets	0.78	0.57	0.42	-0.59	0.82	0.07	0.49	0.64	0.35	-0.45	-0.04	0.74		0.47	0.63	0.62	0.52	0.51	0.6	-0.61	0.17	0.76	-0.34	-0.12	0.12	0.49
Common Stock	0.75	0.49	0.53	-0.03	0.37	0.31	0.19	0.32	0.32	-0.77	0.29	0.54	0.47		0.35	0.45	0.41	0.19	0.46	-0.29	0.23	0.48	0.19	-0.22	0.32	0.99
Property Plant Equipment	0.74	0.62	0.51	-0.92	0.9	-0.25	-0.13	0.98	0.75	-0.13	0.15	0.91	0.63	0.35		0.95	0.96	0.74	0.95	-0.97	0.45	0.85	-0.38	-0.41	-0.33	0.43
Short Long Term Debt Total	0.78	0.71	0.68	-0.86	0.81	-0.2	-0.17	0.94	0.75	-0.22	0.25	0.96	0.62	0.45	0.95		0.93	0.68	0.99	-0.94	0.57	0.83	-0.29	-0.43	-0.17	0.54
Property Plant And Equipment Net	0.77	0.54	0.48	-0.84	0.82	-0.25	-0.28	0.93	0.83	-0.15	0.12	0.85	0.52	0.41	0.96	0.93		0.75	0.93	-0.94	0.58	0.88	-0.25	-0.47	-0.29	0.49
Current Deferred Revenue	0.7	0.14	0.08	-0.69	0.6	-0.04	-0.19	0.83	0.52	-0.16	-0.13	0.61	0.51	0.19	0.74	0.68	0.75		0.66	-0.74	0.37	0.81	-0.5	-0.15	0.08	0.21
Net Debt	0.77	0.7	0.69	-0.85	0.81	-0.3	-0.16	0.92	0.78	-0.2	0.3	0.96	0.6	0.46	0.95	0.99	0.93	0.66		-0.94	0.6	0.82	-0.29	-0.53	-0.2	0.54
Retained Earnings	-0.7	-0.62	-0.54	0.95	-0.86	0.33	0.21	-0.94	-0.83	0.01	-0.21	-0.9	-0.61	-0.29	-0.97	-0.94	-0.94	-0.74	-0.94		-0.55	-0.83	0.47	0.46	0.33	-0.39
Accounts Payable	0.44	0.41	0.64	-0.4	0.28	-0.4	-0.54	0.4	0.83	0.1	0.28	0.53	0.17	0.23	0.45	0.57	0.58	0.37	0.6	-0.55		0.46	-0.08	-0.52	-0.03	0.31
Non Current Assets Total	0.92	0.45	0.37	-0.74	0.83	-0.11	-0.02	0.87	0.64	-0.32	-0.03	0.81	0.76	0.48	0.85	0.83	0.88	0.81	0.82	-0.83	0.46		-0.21	-0.35	-0.03	0.52
Non Currrent Assets Other	-0.1	-0.09	-0.1	0.57	-0.41	0.28	-0.14	-0.38	-0.27	-0.23	-0.26	-0.35	-0.34	0.19	-0.38	-0.29	-0.25	-0.5	-0.29	0.47	-0.08	-0.21		0.17	0.17	0.12
Cash And Short Term Investments	-0.25	-0.19	-0.39	0.39	-0.36	0.85	0.07	-0.34	-0.58	-0.02	-0.53	-0.43	-0.12	-0.22	-0.41	-0.43	-0.47	-0.15	-0.53	0.46	-0.52	-0.35	0.17		0.29	-0.29
Net Receivables	0.21	-0.28	-0.12	0.42	-0.25	0.5	0.23	-0.19	-0.34	-0.65	-0.19	-0.1	0.12	0.32	-0.33	-0.17	-0.29	0.08	-0.2	0.33	-0.03	-0.03	0.17	0.29		0.19
Common Stock Total Equity	0.76	0.59	0.63	-0.14	0.43	0.23	0.12	0.38	0.43	-0.67	0.38	0.62	0.49	0.99	0.43	0.54	0.49	0.21	0.54	-0.39	0.31	0.52	0.12	-0.29	0.19

Click cells to compare fundamentals

Concord Medical Account Relationship Matchups

Concord Medical fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	4.6B	4.3B	5.3B	6.0B	6.1B	4.0B
Other Current Liab	400.7M	274.7M	243.2M	325.2M	674.1M	707.8M
Total Current Liabilities	870.3M	627.5M	512.1M	1.1B	2.0B	2.0B
Total Stockholder Equity	437.4M	(122.8M)	(663.0M)	(1.9B)	(2.1B)	(2.0B)
Other Liab	287.0M	270.2M	230.1M	268.9M	309.2M	324.7M
Cash	404.7M	74.3M	334.3M	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	165.2M	210.4M	213.7M	575.4M	661.7M	694.8M
Common Stock Shares Outstanding	43.4M	43.4M	43.4M	43.7M	50.2M	47.0M
Other Current Assets	5.1M	4.3M	31.4M	24.3M	412.9M	433.6M
Total Liab	2.3B	2.4B	2.9B	4.0B	4.3B	4.5B
Intangible Assets	895.2M	532.5M	522.8M	762.1M	721.1M	425.8M
Property Plant Equipment	2.5B	3.2B	3.8B	3.9B	4.4B	4.7B
Short Long Term Debt Total	938.1M	1.9B	2.4B	3.2B	3.3B	3.5B
Property Plant And Equipment Net	1.2B	2.5B	3.2B	3.4B	3.7B	3.9B
Current Deferred Revenue	23.6M	3.2M	87.7M	100.8M	59.4M	32.8M
Net Debt	533.4M	1.8B	2.0B	3.1B	3.2B	3.4B
Retained Earnings	(1.2B)	(1.8B)	(2.5B)	(3.8B)	(4.1B)	(3.9B)
Accounts Payable	5.4M	8.3M	18.6M	146.7M	129.2M	135.7M
Non Current Assets Total	3.4B	4.0B	4.7B	5.2B	5.4B	3.2B
Non Currrent Assets Other	4.9M	661.1M	107.5M	23.2M	6.3M	6.0M
Cash And Short Term Investments	454.7M	74.3M	334.3M	158.3M	58.1M	55.2M
Net Receivables	343.1M	199.6M	280.4M	512.8M	73.5M	69.8M
Liabilities And Stockholders Equity	4.6B	4.3B	5.3B	6.0B	6.1B	4.2B
Non Current Liabilities Total	1.4B	1.8B	2.4B	2.9B	2.4B	1.3B
Other Stockholder Equity	1.8B	1.8B	1.8B	1.9B	2.0B	1.6B
Property Plant And Equipment Gross	2.5B	3.4B	3.6B	3.8B	4.1B	4.3B
Total Current Assets	1.2B	282.5M	676.0M	759.8M	617.2M	741.5M
Accumulated Other Comprehensive Income	(88.6M)	(97.3M)	(46.4M)	(27.8M)	(65.4M)	(62.1M)
Short Term Debt	440.6M	341.3M	162.5M	548.5M	1.1B	1.1B
Short Term Investments	50M	35.2M	25.0M	2.7M	2.4M	2.3M
Inventory	3.4M	4.3M	21.6M	84.8M	40.3M	27.4M
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

Pair Trading with Concord Medical

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Concord Medical position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Concord Medical will appreciate offsetting losses from the drop in the long position's value.

Moving against Concord Stock

0.77	RCM	R1 RCM Inc	Pair Corr
0.63	CAH	Cardinal Health Fiscal Year End 20th of August 2024	Pair Corr
0.62	FORA	Forian Inc	Pair Corr
0.57	EVH	Evolent Health	Pair Corr
0.5	EW	Edwards Lifesciences Corp	Pair Corr

The ability to find closely correlated positions to Concord Medical could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Concord Medical when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Concord Medical - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Concord Medical Services to buy it.

The correlation of Concord Medical is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Concord Medical moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Concord Medical Services moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for Concord Medical can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

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:

How To Invest In Concord

Details

Is Concord Stock a good investment?

Details

What is Concord Medical's Net Worth?

Details

Largest Health Care Providers & Services Companies

View

Largest Health Care Equipment & Services Companies

View

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 Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.

Complementary Tools for Concord Stock analysis

When running Concord Medical's price analysis, check to measure Concord Medical's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Concord Medical is operating at the current time. Most of Concord Medical's value examination focuses on studying past and present price action to predict the probability of Concord Medical's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Concord Medical's price. Additionally, you may evaluate how the addition of Concord Medical to your portfolios can decrease your overall portfolio volatility.

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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

(0.96)

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.

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Concord Total Stockholder Equity vs Common Stock Analysis

Total Stockholder Equity vs Common Stock

Total Stockholder Equity vs Common Stock Correlation Analysis

Correlation Coefficient

Total Stockholder Equity

Common Stock

Concord Medical fundamental ratios Correlations

Concord Medical Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Concord Medical fundamental ratios Accounts

Pair Trading with Concord Medical

Moving against Concord Stock

Complementary Tools for Concord Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Common Stock Total Equity	+ 0.99	Common Stock
Net Debt	+ 0.99	Short Long Term Debt Total
Property Plant Equipment	+ 0.98	Long Term Debt
Short Long Term Debt Total	+ 0.96	Total Liab
Net Debt	+ 0.96	Total Liab
Property Plant And Equipment Net	+ 0.96	Property Plant Equipment

Retained Earnings	- 0.97	Property Plant Equipment
Retained Earnings	- 0.94	Net Debt
Retained Earnings	- 0.94	Property Plant And Equipment Net
Retained Earnings	- 0.94	Short Long Term Debt Total
Retained Earnings	- 0.94	Long Term Debt
Property Plant Equipment	- 0.92	Total Stockholder Equity