ZhongchaoInc Long Term Investments vs Capital Surpluse Analysis
ZCMD Stock | USD 1.25 0.06 5.04% |
ZhongchaoInc financial indicator trend analysis is more than just analyzing ZhongchaoInc current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether ZhongchaoInc is a good investment. Please check the relationship between ZhongchaoInc Long Term Investments and its Capital Surpluse accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in ZhongchaoInc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in population. For information on how to trade ZhongchaoInc Stock refer to our How to Trade ZhongchaoInc Stock guide.
Long Term Investments vs Capital Surpluse
Long Term Investments vs Capital Surpluse Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of ZhongchaoInc Long Term Investments account and Capital Surpluse. At this time, the significance of the direction appears to have very week relationship.
The correlation between ZhongchaoInc's Long Term Investments and Capital Surpluse is 0.26. Overlapping area represents the amount of variation of Long Term Investments that can explain the historical movement of Capital Surpluse in the same time period over historical financial statements of ZhongchaoInc, assuming nothing else is changed. The correlation between historical values of ZhongchaoInc's Long Term Investments and Capital Surpluse is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Long Term Investments of ZhongchaoInc are associated (or correlated) with its Capital Surpluse. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capital Surpluse has no effect on the direction of Long Term Investments i.e., ZhongchaoInc's Long Term Investments and Capital Surpluse go up and down completely randomly.
Correlation Coefficient | 0.26 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Long Term Investments
Long Term Investments is an item on the asset side of ZhongchaoInc balance sheet that represents investments ZhongchaoInc intends to hold for over a year. ZhongchaoInc long term investments may include different instruments such as stocks, bonds, real estate and cash.Capital Surpluse
Most indicators from ZhongchaoInc's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into ZhongchaoInc 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 Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in ZhongchaoInc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in population. For information on how to trade ZhongchaoInc Stock refer to our How to Trade ZhongchaoInc Stock guide.The current year's Tax Provision is expected to grow to about (636.3 K). In addition to that, Selling General Administrative is expected to decline to about 4.3 M
2021 | 2022 | 2023 | 2024 (projected) | Interest Income | 176.0K | 142.0K | 237.1K | 176.4K | Net Interest Income | 176.0K | 142.0K | 237.1K | 176.4K |
ZhongchaoInc fundamental ratios Correlations
Click cells to compare fundamentals
ZhongchaoInc Account Relationship Matchups
High Positive Relationship
High Negative Relationship
ZhongchaoInc fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 17.7M | 34.8M | 36.3M | 38.6M | 24.4M | 27.2M | |
Other Current Liab | 1.6M | 2.5M | 3.5M | 3.1M | 919.3K | 873.3K | |
Total Current Liabilities | 2.4M | 3.0M | 3.6M | 4.2M | 2.7M | 3.1M | |
Total Stockholder Equity | 15.4M | 31.8M | 32.6M | 29.9M | 18.0M | 22.7M | |
Net Tangible Assets | 11.0M | 15.0M | 31.8M | 32.5M | 37.4M | 21.0M | |
Property Plant And Equipment Net | 2.1M | 2.8M | 4.3M | 5.8M | 4.0M | 3.1M | |
Current Deferred Revenue | 397.2K | 6.8K | 7.4K | 395.3K | 838.8K | 880.8K | |
Net Debt | (7.6M) | (15.0M) | (13.7M) | (9.8M) | (6.7M) | (7.1M) | |
Retained Earnings | 3.3M | 7.3M | 7.2M | 4.1M | (7.3M) | (6.9M) | |
Accounts Payable | 117.1K | 408.4K | 38.9K | 140.8K | 683.9K | 718.1K | |
Cash | 7.8M | 15.1M | 13.9M | 11.5M | 7.5M | 10.5M | |
Non Current Assets Total | 3.2M | 5.2M | 9.0M | 15.9M | 5.7M | 6.5M | |
Other Assets | 378.0K | 689.0K | 1.9M | 2.7M | 3.1M | 3.3M | |
Cash And Short Term Investments | 7.8M | 17.1M | 14.2M | 12.0M | 13.4M | 12.3M | |
Net Receivables | 5.2M | 10.4M | 12.4M | 9.1M | 3.0M | 2.9M | |
Common Stock Shares Outstanding | 2.2M | 2.4M | 2.5M | 2.6M | 2.6M | 2.6M | |
Short Term Investments | 0.0 | 2.0M | 296.2K | 518.4K | 5.9M | 6.2M | |
Liabilities And Stockholders Equity | 17.7M | 34.8M | 36.3M | 38.6M | 24.4M | 27.2M | |
Non Current Liabilities Total | 41.4K | 62.2K | 112.6K | 1.4M | 700.1K | 453.9K | |
Inventory | 1.5M | 2.0M | 644.5K | 189.1K | 2.0M | 1.3M | |
Other Current Assets | 16.7K | 94.2K | 47.3K | 69.6K | 270.1K | 283.6K | |
Other Stockholder Equity | 12.0M | 22.8M | 23.0M | 25.0M | 25.1M | 20.2M | |
Total Liab | 2.4M | 3.0M | 3.7M | 5.6M | 3.4M | 3.5M | |
Net Invested Capital | 15.4M | 31.8M | 32.6M | 29.9M | 18.0M | 22.8M | |
Property Plant And Equipment Gross | 2.3M | 2.8M | 4.9M | 6.2M | 4.2M | 3.3M | |
Total Current Assets | 14.5M | 29.6M | 27.3M | 22.7M | 18.7M | 20.7M | |
Accumulated Other Comprehensive Income | 71.0K | 1.7M | 2.4M | 803.2K | 138.3K | 131.4K | |
Net Working Capital | 12.2M | 26.6M | 23.7M | 18.5M | 16.0M | 17.6M | |
Short Term Debt | 210.2K | 62.2K | 89.0K | 480.6K | 236.3K | 230.8K | |
Intangible Assets | 403.7K | 402.6K | 383.6K | 1.2M | 17.5K | 16.7K | |
Property Plant Equipment | 669.9K | 2.1M | 2.1M | 4.1M | 4.7M | 5.0M | |
Short Long Term Debt Total | 251.6K | 62.2K | 201.6K | 1.7M | 808.2K | 688.1K |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether ZhongchaoInc is a strong investment it is important to analyze ZhongchaoInc'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 ZhongchaoInc's future performance. For an informed investment choice regarding ZhongchaoInc Stock, refer to the following important reports:Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in ZhongchaoInc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in population. For information on how to trade ZhongchaoInc Stock refer to our How to Trade ZhongchaoInc Stock guide.You can also try the Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.
Complementary Tools for ZhongchaoInc Stock analysis
When running ZhongchaoInc's price analysis, check to measure ZhongchaoInc'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 ZhongchaoInc is operating at the current time. Most of ZhongchaoInc's value examination focuses on studying past and present price action to predict the probability of ZhongchaoInc's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ZhongchaoInc's price. Additionally, you may evaluate how the addition of ZhongchaoInc to your portfolios can decrease your overall portfolio volatility.
Sign In To Macroaxis Sign in to explore Macroaxis' wealth optimization platform and fintech modules | |
Money Managers Screen money managers from public funds and ETFs managed around the world | |
Portfolio Manager State of the art Portfolio Manager to monitor and improve performance of your invested capital | |
Idea Breakdown Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes | |
Economic Indicators Top statistical indicators that provide insights into how an economy is performing | |
ETFs Find actively traded Exchange Traded Funds (ETF) from around the world | |
Fundamental Analysis View fundamental data based on most recent published financial statements | |
My Watchlist Analysis Analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like | |
Commodity Channel Use Commodity Channel Index to analyze current equity momentum |
Is ZhongchaoInc'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 ZhongchaoInc. If investors know ZhongchaoInc 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 ZhongchaoInc listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.91) | Earnings Share (4.35) | Revenue Per Share 7.465 | Quarterly Revenue Growth 0.321 | Return On Assets (0.11) |
The market value of ZhongchaoInc is measured differently than its book value, which is the value of ZhongchaoInc that is recorded on the company's balance sheet. Investors also form their own opinion of ZhongchaoInc's value that differs from its market value or its book value, called intrinsic value, which is ZhongchaoInc'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 ZhongchaoInc's market value can be influenced by many factors that don't directly affect ZhongchaoInc'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 ZhongchaoInc's value and its price as these two are different measures arrived at by different means. Investors typically determine if ZhongchaoInc is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ZhongchaoInc'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.