Zhongchao Other Liab from 2010 to 2024

ZCMD Stock  USD 1.34  0.04  3.08%   
Zhongchao's Other Liabilities is increasing over the years with slightly volatile fluctuation. Other Liabilities is expected to dwindle to about 298.3 K. During the period from 2010 to 2024 Zhongchao Other Liabilities annual values regression line had geometric mean of  262,503 and mean square error of 1.2 B. View All Fundamentals
 
Other Liabilities  
First Reported
2010-12-31
Previous Quarter
376.3 K
Current Value
298.3 K
Quarterly Volatility
61.3 K
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Zhongchao financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Zhongchao's main balance sheet or income statement drivers, such as Net Interest Income of 176.4 K, Interest Income of 176.4 K or Depreciation And Amortization of 479.9 K, as well as many indicators such as Price To Sales Ratio of 0.41, Dividend Yield of 0.0 or PTB Ratio of 0.44. Zhongchao financial statements analysis is a perfect complement when working with Zhongchao Valuation or Volatility modules.
  
Check out the analysis of Zhongchao Correlation against competitors.
For information on how to trade Zhongchao Stock refer to our How to Trade Zhongchao Stock guide.

Latest Zhongchao's Other Liab Growth Pattern

Below is the plot of the Other Liab of Zhongchao over the last few years. It is Zhongchao's Other Liabilities historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Zhongchao's overall financial position and show how it may be relating to other accounts over time.
Other Liab10 Years Trend
Slightly volatile
   Other Liab   
       Timeline  

Zhongchao Other Liab Regression Statistics

Arithmetic Mean268,822
Geometric Mean262,503
Coefficient Of Variation22.78
Mean Deviation57,222
Median215,176
Standard Deviation61,250
Sample Variance3.8B
Range161.2K
R-Value0.84
Mean Square Error1.2B
R-Squared0.71
Significance0.000081
Slope11,536
Total Sum of Squares52.5B

Zhongchao Other Liab History

2024298.3 K
2023376.3 K
2018327.2 K

About Zhongchao Financial Statements

Zhongchao stakeholders use historical fundamental indicators, such as Zhongchao's Other Liab, to determine how well the company is positioned to perform in the future. Although Zhongchao investors may analyze each financial statement separately, they are all interrelated. For example, changes in Zhongchao's assets and liabilities are reflected in the revenues and expenses on Zhongchao's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Zhongchao. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Other Liabilities376.3 K298.3 K

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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 Zhongchao is a strong investment it is important to analyze Zhongchao'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 Zhongchao's future performance. For an informed investment choice regarding Zhongchao Stock, refer to the following important reports:
Check out the analysis of Zhongchao Correlation against competitors.
For information on how to trade Zhongchao Stock refer to our How to Trade Zhongchao Stock guide.
You can also try the Pattern Recognition module to use different Pattern Recognition models to time the market across multiple global exchanges.
Is Health Care Equipment & Supplies 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 Zhongchao. If investors know Zhongchao 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 Zhongchao 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
(2.51)
Revenue Per Share
6.642
Quarterly Revenue Growth
(0.20)
Return On Assets
(0.02)
The market value of Zhongchao is measured differently than its book value, which is the value of Zhongchao that is recorded on the company's balance sheet. Investors also form their own opinion of Zhongchao's value that differs from its market value or its book value, called intrinsic value, which is Zhongchao'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 Zhongchao's market value can be influenced by many factors that don't directly affect Zhongchao'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 Zhongchao's value and its price as these two are different measures arrived at by different means. Investors typically determine if Zhongchao is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Zhongchao'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.