Zhongchao Short Term Debt from 2010 to 2024

ZCMD Stock  USD 1.34  0.04  3.08%   
Zhongchao's Short Term Debt is increasing over the years with stable fluctuation. Overall, Short Term Debt is expected to go to about 248 K this year. During the period from 2010 to 2024 Zhongchao Short Term Debt annual values regression line had geometric mean of  236,917 and mean square error of 23.1 B. View All Fundamentals
 
Short Term Debt  
First Reported
2010-12-31
Previous Quarter
236.3 K
Current Value
248 K
Quarterly Volatility
149.4 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 Short Term Debt Growth Pattern

Below is the plot of the Short Term Debt of Zhongchao over the last few years. It is Zhongchao's Short Term Debt 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.
Short Term Debt10 Years Trend
Pretty Stable
   Short Term Debt   
       Timeline  

Zhongchao Short Term Debt Regression Statistics

Arithmetic Mean261,003
Geometric Mean236,917
Coefficient Of Variation57.23
Mean Deviation91,446
Median213,796
Standard Deviation149,371
Sample Variance22.3B
Range602.9K
R-Value0.19
Mean Square Error23.1B
R-Squared0.04
Significance0.49
Slope6,440
Total Sum of Squares312.4B

Zhongchao Short Term Debt History

2024248 K
2023236.3 K
2022480.6 K
2021177.9 K
2020124.3 K
2019210.2 K
2018727.2 K

About Zhongchao Financial Statements

Zhongchao stakeholders use historical fundamental indicators, such as Zhongchao's Short Term Debt, 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
Short Term Debt236.3 K248 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 Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.
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.