ZhongchaoInc Net Debt vs Net Working Capital 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 Net Debt and its Net Working Capital 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.

Net Debt vs Net Working Capital

Net Debt vs Net Working Capital Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of ZhongchaoInc Net Debt account and Net Working Capital. At this time, the significance of the direction appears to have pay attention.

The correlation between ZhongchaoInc's Net Debt and Net Working Capital is -0.97. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Net Working Capital in the same time period over historical financial statements of ZhongchaoInc, assuming nothing else is changed. The correlation between historical values of ZhongchaoInc's Net Debt and Net Working Capital is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Debt of ZhongchaoInc are associated (or correlated) with its Net Working Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Working Capital has no effect on the direction of Net Debt i.e., ZhongchaoInc's Net Debt and Net Working Capital go up and down completely randomly.

Correlation Coefficient

-0.97

Relationship Direction	Negative
Relationship Strength	Significant

View All Relationships

Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.

Net Working Capital

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

Interest Income Net Interest Income

ZhongchaoInc fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Net Tangible Assets	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Cash And Short Term Investments	Net Receivables	Common Stock Total Equity	Common Stock Shares Outstanding	Short Term Investments	Non Current Liabilities Total	Capital Surpluse	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab
Total Assets		0.94	0.97	0.99	0.82	0.94	0.95	-0.65	-0.92	0.63	-0.49	0.96	0.91	0.7	0.86	0.94	0.9	0.84	0.94	0.08	0.47	0.83	0.5	0.47	0.96	0.91
Other Current Liab	0.94		0.92	0.95	0.74	0.84	0.88	-0.81	-0.92	0.83	-0.69	0.91	0.87	0.59	0.68	0.82	0.98	0.67	0.78	-0.26	0.35	0.72	0.35	0.15	0.83	0.83
Total Current Liabilities	0.97	0.92		0.95	0.81	0.89	0.96	-0.54	-0.85	0.58	-0.55	0.91	0.96	0.73	0.85	0.87	0.84	0.8	0.92	0.04	0.59	0.82	0.41	0.45	0.92	0.97
Total Stockholder Equity	0.99	0.95	0.95		0.8	0.92	0.91	-0.7	-0.95	0.68	-0.51	0.98	0.86	0.69	0.83	0.95	0.93	0.81	0.91	0.04	0.36	0.81	0.52	0.42	0.93	0.85
Other Liab	0.82	0.74	0.81	0.8		0.89	0.84	-0.35	-0.79	0.43	-0.54	0.83	0.68	0.93	0.74	0.87	0.66	0.87	0.86	0.18	0.38	1.0	0.8	0.55	0.86	0.75
Net Tangible Assets	0.94	0.84	0.89	0.92	0.89		0.94	-0.54	-0.85	0.47	-0.35	0.87	0.83	0.71	0.9	0.94	0.8	0.97	0.96	0.24	0.48	0.89	0.62	0.6	0.99	0.85
Property Plant And Equipment Net	0.95	0.88	0.96	0.91	0.84	0.94		-0.5	-0.78	0.47	-0.43	0.84	0.95	0.68	0.91	0.85	0.79	0.88	0.96	0.14	0.63	0.85	0.43	0.53	0.96	0.95
Current Deferred Revenue	-0.65	-0.81	-0.54	-0.7	-0.35	-0.54	-0.5		0.78	-0.9	0.51	-0.68	-0.49	-0.14	-0.31	-0.56	-0.9	-0.33	-0.4	0.48	0.1	-0.32	-0.17	0.21	-0.48	-0.39
Net Debt	-0.92	-0.92	-0.85	-0.95	-0.79	-0.85	-0.78	0.78		-0.8	0.61	-0.98	-0.7	-0.7	-0.66	-0.93	-0.94	-0.71	-0.78	0.11	-0.14	-0.78	-0.6	-0.26	-0.83	-0.7
Retained Earnings	0.63	0.83	0.58	0.68	0.43	0.47	0.47	-0.9	-0.8		-0.8	0.7	0.51	0.34	0.17	0.53	0.87	0.23	0.34	-0.67	-0.02	0.38	0.2	-0.35	0.42	0.44
Accounts Payable	-0.49	-0.69	-0.55	-0.51	-0.54	-0.35	-0.43	0.51	0.61	-0.8		-0.56	-0.47	-0.58	-0.1	-0.37	-0.64	-0.18	-0.27	0.68	-0.12	-0.48	-0.19	0.33	-0.32	-0.47
Cash	0.96	0.91	0.91	0.98	0.83	0.87	0.84	-0.68	-0.98	0.7	-0.56		0.77	0.76	0.76	0.96	0.9	0.76	0.86	0.02	0.25	0.83	0.61	0.4	0.88	0.79
Non Current Assets Total	0.91	0.87	0.96	0.86	0.68	0.83	0.95	-0.49	-0.7	0.51	-0.47	0.77		0.56	0.82	0.73	0.78	0.73	0.87	0.0	0.75	0.69	0.2	0.38	0.87	0.98
Non Currrent Assets Other	0.7	0.59	0.73	0.69	0.93	0.71	0.68	-0.14	-0.7	0.34	-0.58	0.76	0.56		0.61	0.78	0.5	0.72	0.73	0.19	0.32	0.93	0.78	0.52	0.72	0.67
Other Assets	0.86	0.68	0.85	0.83	0.74	0.9	0.91	-0.31	-0.66	0.17	-0.1	0.76	0.82	0.61		0.84	0.62	0.92	0.97	0.51	0.53	0.78	0.47	0.8	0.94	0.83
Cash And Short Term Investments	0.94	0.82	0.87	0.95	0.87	0.94	0.85	-0.56	-0.93	0.53	-0.37	0.96	0.73	0.78	0.84		0.81	0.9	0.92	0.25	0.29	0.88	0.73	0.59	0.95	0.76
Net Receivables	0.9	0.98	0.84	0.93	0.66	0.8	0.79	-0.9	-0.94	0.87	-0.64	0.9	0.78	0.5	0.62	0.81		0.62	0.72	-0.29	0.2	0.63	0.34	0.09	0.78	0.72
Common Stock Total Equity	0.84	0.67	0.8	0.81	0.87	0.97	0.88	-0.33	-0.71	0.23	-0.18	0.76	0.73	0.72	0.92	0.9	0.62		0.95	0.46	0.49	0.89	0.67	0.76	0.96	0.77
Common Stock Shares Outstanding	0.94	0.78	0.92	0.91	0.86	0.96	0.96	-0.4	-0.78	0.34	-0.27	0.86	0.87	0.73	0.97	0.92	0.72	0.95		0.38	0.55	0.88	0.58	0.73	0.98	0.89
Short Term Investments	0.08	-0.26	0.04	0.04	0.18	0.24	0.14	0.48	0.11	-0.67	0.68	0.02	0.0	0.19	0.51	0.25	-0.29	0.46	0.38		0.17	0.26	0.39	0.9	0.3	0.08
Non Current Liabilities Total	0.47	0.35	0.59	0.36	0.38	0.48	0.63	0.1	-0.14	-0.02	-0.12	0.25	0.75	0.32	0.53	0.29	0.2	0.49	0.55	0.17		0.38	-0.06	0.36	0.54	0.78
Capital Surpluse	0.83	0.72	0.82	0.81	1.0	0.89	0.85	-0.32	-0.78	0.38	-0.48	0.83	0.69	0.93	0.78	0.88	0.63	0.89	0.88	0.26	0.38		0.81	0.62	0.88	0.76
Inventory	0.5	0.35	0.41	0.52	0.8	0.62	0.43	-0.17	-0.6	0.2	-0.19	0.61	0.2	0.78	0.47	0.73	0.34	0.67	0.58	0.39	-0.06	0.81		0.59	0.58	0.29
Other Current Assets	0.47	0.15	0.45	0.42	0.55	0.6	0.53	0.21	-0.26	-0.35	0.33	0.4	0.38	0.52	0.8	0.59	0.09	0.76	0.73	0.9	0.36	0.62	0.59		0.65	0.46
Other Stockholder Equity	0.96	0.83	0.92	0.93	0.86	0.99	0.96	-0.48	-0.83	0.42	-0.32	0.88	0.87	0.72	0.94	0.95	0.78	0.96	0.98	0.3	0.54	0.88	0.58	0.65		0.89
Total Liab	0.91	0.83	0.97	0.85	0.75	0.85	0.95	-0.39	-0.7	0.44	-0.47	0.79	0.98	0.67	0.83	0.76	0.72	0.77	0.89	0.08	0.78	0.76	0.29	0.46	0.89

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ZhongchaoInc Account Relationship Matchups

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

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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:

How To Invest In ZhongchaoInc

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Is ZhongchaoInc Stock a good investment?

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What is ZhongchaoInc's Net Worth?

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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.

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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.

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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.

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ZhongchaoInc Net Debt vs Net Working Capital Analysis

Net Debt vs Net Working Capital

Net Debt vs Net Working Capital Correlation Analysis

Correlation Coefficient

Net Debt

Net Working Capital

ZhongchaoInc fundamental ratios Correlations

ZhongchaoInc Account Relationship Matchups

High Positive Relationship

High Negative Relationship

ZhongchaoInc fundamental ratios Accounts

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COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Capital Surpluse	+ 1.0	Other Liab
Total Stockholder Equity	+ 0.99	Total Assets
Other Stockholder Equity	+ 0.99	Net Tangible Assets
Net Receivables	+ 0.98	Other Current Liab
Cash	+ 0.98	Total Stockholder Equity
Total Liab	+ 0.98	Non Current Assets Total

Cash	- 0.98	Net Debt
Net Debt	- 0.95	Total Stockholder Equity
Net Receivables	- 0.94	Net Debt
Cash And Short Term Investments	- 0.93	Net Debt
Net Debt	- 0.92	Other Current Liab
Net Debt	- 0.92	Total Assets