Nanhua Long Term Debt vs Good Will Analysis

000504 Stock

10.27 0.02 0.20%

Nanhua Bio financial indicator trend analysis is infinitely more than just investigating Nanhua Bio Medicine recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Nanhua Bio Medicine is a good investment. Please check the relationship between Nanhua Bio Long Term Debt and its Good Will accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Nanhua Bio Medicine. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Long Term Debt vs Good Will

Long Term Debt vs Good Will Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Nanhua Bio Medicine Long Term Debt account and Good Will. At this time, the significance of the direction appears to have almost no relationship.

The correlation between Nanhua Bio's Long Term Debt and Good Will is 0.11. Overlapping area represents the amount of variation of Long Term Debt that can explain the historical movement of Good Will in the same time period over historical financial statements of Nanhua Bio Medicine, assuming nothing else is changed. The correlation between historical values of Nanhua Bio's Long Term Debt and Good Will 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 Debt of Nanhua Bio Medicine are associated (or correlated) with its Good Will. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Good Will has no effect on the direction of Long Term Debt i.e., Nanhua Bio's Long Term Debt and Good Will go up and down completely randomly.

Correlation Coefficient

0.11

Relationship Direction	Positive
Relationship Strength	Insignificant

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Long Term Debt

Long-term debt is a debt that Nanhua Bio Medicine has held for over one year. Long-term debt appears on Nanhua Bio Medicine balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on Nanhua Bio Medicine balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.

Good Will

An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.

Most indicators from Nanhua Bio's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Nanhua Bio Medicine 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 Nanhua Bio Medicine. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

The current year's Tax Provision is expected to grow to about 3.2 M, whereas Selling General Administrative is forecasted to decline to about 43 M.

	2021	2022	2023	2024 (projected)
Cost Of Revenue	45.7M	70.5M	43.7M	69.4M
Total Revenue	156.6M	200.3M	136.8M	117.7M

Cost Of Revenue Total Revenue

Nanhua Bio fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Accounts Payable	Cash	Net Receivables	Short Term Investments	Inventory	Other Current Assets	Total Liab	Common Stock	Property Plant Equipment	Other Assets	Intangible Assets	Retained Earnings	Net Tangible Assets	Non Current Assets Total	Non Currrent Assets Other	Long Term Debt	Good Will	Non Current Liabilities Total	Deferred Long Term Liab	Short Long Term Debt	Total Current Assets
Total Assets		0.16	0.79	0.6	-0.13	0.91	0.76	0.77	0.22	0.37	0.37	0.79	-0.62	0.17	-0.28	-0.41	-0.04	0.57	-0.17	-0.55	0.0	-0.58	0.53	0.73	-0.69	0.78
Other Current Liab	0.16		0.45	-0.12	-0.17	0.31	-0.19	0.54	-0.08	-0.03	0.57	0.45	0.31	0.21	0.02	-0.07	0.09	0.22	0.05	-0.16	-0.2	-0.19	0.27	0.35	-0.2	0.28
Total Current Liabilities	0.79	0.45		0.17	-0.02	0.9	0.52	0.88	-0.21	0.02	0.64	1.0	-0.19	-0.07	-0.29	-0.61	-0.26	0.61	-0.09	-0.56	0.0	-0.52	0.61	0.86	-0.76	0.89
Total Stockholder Equity	0.6	-0.12	0.17		-0.41	0.32	0.43	0.33	0.76	0.65	-0.16	0.16	-0.47	0.6	-0.12	0.3	0.49	0.16	-0.26	-0.1	-0.11	-0.32	0.03	0.2	-0.09	0.31
Other Liab	-0.13	-0.17	-0.02	-0.41		-0.08	-0.06	-0.19	-0.37	-0.11	-0.05	-0.01	0.11	-0.21	0.22	-0.11	-0.28	-0.33	0.46	-0.15	0.09	0.43	0.04	0.01	-0.1	-0.16
Accounts Payable	0.91	0.31	0.9	0.32	-0.08		0.76	0.8	-0.05	0.07	0.47	0.9	-0.55	-0.01	-0.2	-0.61	-0.27	0.65	-0.16	-0.61	-0.06	-0.65	0.63	0.86	-0.74	0.88
Cash	0.76	-0.19	0.52	0.43	-0.06	0.76		0.29	-0.05	-0.08	-0.03	0.53	-0.88	-0.13	-0.05	-0.6	-0.46	0.53	-0.15	-0.49	0.05	-0.64	0.55	0.71	-0.54	0.71
Net Receivables	0.77	0.54	0.88	0.33	-0.19	0.8	0.29		0.12	0.31	0.72	0.86	-0.09	0.2	-0.31	-0.32	0.12	0.59	-0.3	-0.53	-0.2	-0.52	0.32	0.64	-0.7	0.75
Short Term Investments	0.22	-0.08	-0.21	0.76	-0.37	-0.05	-0.05	0.12		0.84	-0.32	-0.22	-0.13	0.82	-0.16	0.72	0.88	-0.18	-0.11	0.23	-0.1	0.04	-0.19	-0.26	0.35	-0.22
Inventory	0.37	-0.03	0.02	0.65	-0.11	0.07	-0.08	0.31	0.84		-0.06	0.02	0.0	0.7	-0.39	0.58	0.83	-0.14	0.12	0.05	0.08	0.16	-0.03	-0.11	0.06	-0.13
Other Current Assets	0.37	0.57	0.64	-0.16	-0.05	0.47	-0.03	0.72	-0.32	-0.06		0.63	0.12	-0.15	-0.21	-0.4	-0.13	0.46	-0.35	-0.31	-0.11	-0.3	0.1	0.3	-0.61	0.55
Total Liab	0.79	0.45	1.0	0.16	-0.01	0.9	0.53	0.86	-0.22	0.02	0.63		-0.19	-0.07	-0.28	-0.61	-0.27	0.61	-0.06	-0.54	0.03	-0.52	0.64	0.86	-0.75	0.89
Common Stock	-0.62	0.31	-0.19	-0.47	0.11	-0.55	-0.88	-0.09	-0.13	0.0	0.12	-0.19		0.03	-0.05	0.37	0.32	-0.35	0.27	0.42	0.11	0.52	-0.24	-0.39	0.38	-0.45
Property Plant Equipment	0.17	0.21	-0.07	0.6	-0.21	-0.01	-0.13	0.2	0.82	0.7	-0.15	-0.07	0.03		-0.31	0.67	0.79	-0.16	-0.05	0.14	-0.2	0.03	-0.13	-0.11	0.25	-0.1
Other Assets	-0.28	0.02	-0.29	-0.12	0.22	-0.2	-0.05	-0.31	-0.16	-0.39	-0.21	-0.28	-0.05	-0.31		0.03	-0.26	-0.15	0.04	0.17	0.0	0.07	-0.05	-0.15	0.24	-0.16
Intangible Assets	-0.41	-0.07	-0.61	0.3	-0.11	-0.61	-0.6	-0.32	0.72	0.58	-0.4	-0.61	0.37	0.67	0.03		0.82	-0.71	0.2	0.53	-0.08	0.62	-0.48	-0.66	0.7	-0.66
Retained Earnings	-0.04	0.09	-0.26	0.49	-0.28	-0.27	-0.46	0.12	0.88	0.83	-0.13	-0.27	0.32	0.79	-0.26	0.82		-0.27	-0.04	0.4	-0.03	0.25	-0.31	-0.46	0.45	-0.39
Net Tangible Assets	0.57	0.22	0.61	0.16	-0.33	0.65	0.53	0.59	-0.18	-0.14	0.46	0.61	-0.35	-0.16	-0.15	-0.71	-0.27		-0.59	-0.31	0.12	-0.94	0.41	0.54	-0.58	0.7
Non Current Assets Total	-0.17	0.05	-0.09	-0.26	0.46	-0.16	-0.15	-0.3	-0.11	0.12	-0.35	-0.06	0.27	-0.05	0.04	0.2	-0.04	-0.59		0.11	0.39	0.67	0.41	0.06	0.23	-0.34
Non Currrent Assets Other	-0.55	-0.16	-0.56	-0.1	-0.15	-0.61	-0.49	-0.53	0.23	0.05	-0.31	-0.54	0.42	0.14	0.17	0.53	0.4	-0.31	0.11		0.56	0.37	-0.07	-0.72	0.88	-0.55
Long Term Debt	0.0	-0.2	0.0	-0.11	0.09	-0.06	0.05	-0.2	-0.1	0.08	-0.11	0.03	0.11	-0.2	0.0	-0.08	-0.03	0.12	0.39	0.56		0.11	0.61	-0.1	0.27	-0.08
Good Will	-0.58	-0.19	-0.52	-0.32	0.43	-0.65	-0.64	-0.52	0.04	0.16	-0.3	-0.52	0.52	0.03	0.07	0.62	0.25	-0.94	0.67	0.37	0.11		-0.31	-0.56	0.52	-0.71
Non Current Liabilities Total	0.53	0.27	0.61	0.03	0.04	0.63	0.55	0.32	-0.19	-0.03	0.1	0.64	-0.24	-0.13	-0.05	-0.48	-0.31	0.41	0.41	-0.07	0.61	-0.31		0.65	-0.26	0.51
Deferred Long Term Liab	0.73	0.35	0.86	0.2	0.01	0.86	0.71	0.64	-0.26	-0.11	0.3	0.86	-0.39	-0.11	-0.15	-0.66	-0.46	0.54	0.06	-0.72	-0.1	-0.56	0.65		-0.77	0.85
Short Long Term Debt	-0.69	-0.2	-0.76	-0.09	-0.1	-0.74	-0.54	-0.7	0.35	0.06	-0.61	-0.75	0.38	0.25	0.24	0.7	0.45	-0.58	0.23	0.88	0.27	0.52	-0.26	-0.77		-0.76
Total Current Assets	0.78	0.28	0.89	0.31	-0.16	0.88	0.71	0.75	-0.22	-0.13	0.55	0.89	-0.45	-0.1	-0.16	-0.66	-0.39	0.7	-0.34	-0.55	-0.08	-0.71	0.51	0.85	-0.76

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Nanhua Bio Account Relationship Matchups

Nanhua Bio fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	268.3M	556.1M	659.2M	553.1M	771.4M	810.0M
Other Current Liab	51.2M	75.8M	398.0M	143.0M	11.5M	10.9M
Total Current Liabilities	149.6M	418.3M	529.0M	455.2M	452.4M	256.0M
Total Stockholder Equity	18.4M	26.6M	16.6M	13.8M	256.9M	155.6M
Other Liab	4.3M	3.4M	3.0M	3.2M	2.9M	2.8M
Accounts Payable	15.6M	60.7M	89.6M	82.0M	82.2M	86.3M
Cash	69.4M	67.0M	153.0M	218.1M	493.8M	518.5M
Net Receivables	52.7M	188.8M	202.2M	158.8M	123.2M	80.5M
Short Term Investments	961.9K	657.3K	501.8K	1.7M	1.7M	3.2M
Inventory	18.4M	14.9M	10.6M	4.5M	10.7M	20.3M
Other Current Assets	1.7M	174.5M	150.3M	5.4M	7.2M	6.9M
Total Liab	153.9M	421.7M	548.9M	473.2M	466.7M	262.8M
Property Plant Equipment	11.7M	11.6M	35.9M	35.9M	32.3M	30.4M
Other Assets	81.8M	45.8M	92.1M	86.6M	99.6M	140.9M
Intangible Assets	2.9M	1.5M	217.8K	361.3K	440.8K	418.8K
Retained Earnings	(445.0M)	(436.8M)	(455.9M)	(468.6M)	(531.1M)	(504.5M)
Net Tangible Assets	4.3M	13.8M	8.0M	5.0M	5.7M	6.0M
Non Current Assets Total	124.7M	76.4M	142.6M	136.8M	116.5M	108.6M
Non Currrent Assets Other	73.2K	3.4M	1.5M	645.1K	38.0K	36.1K
Non Current Liabilities Total	4.3M	3.4M	19.9M	18.0M	14.3M	13.5M
Deferred Long Term Liab	46.8M	41.4M	89.6M	85.7M	98.5M	59.4M
Short Long Term Debt	50.1M	13.0M	32.9M	63.1M	28.1M	53.3M
Total Current Assets	143.6M	479.7M	516.6M	416.2M	654.9M	381.0M
Net Invested Capital	68.5M	39.6M	49.6M	76.9M	285.1M	299.3M
Net Working Capital	(6.0M)	61.4M	(12.4M)	(38.9M)	202.5M	212.6M

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Balance Sheet is a snapshot of the financial position of Nanhua Bio Medicine at a specified time, usually calculated after every quarter, six months, or one year. Nanhua Bio Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Nanhua Bio and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Nanhua currently owns. An asset can also be divided into two categories, current and non-current.

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Nanhua Long Term Debt vs Good Will Analysis

Long Term Debt vs Good Will

Long Term Debt vs Good Will Correlation Analysis

Correlation Coefficient

Long Term Debt

Good Will

Nanhua Bio fundamental ratios Correlations

Nanhua Bio Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Nanhua Bio fundamental ratios Accounts

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Other Information on Investing in Nanhua Stock

COMMON DESTINATIONS

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COMPANY

Total Liab	+ 1.0	Total Current Liabilities
Accounts Payable	+ 0.91	Total Assets
Accounts Payable	+ 0.9	Total Current Liabilities
Total Liab	+ 0.9	Accounts Payable
Total Current Assets	+ 0.89	Total Current Liabilities
Total Current Assets	+ 0.89	Total Liab

Good Will	- 0.94	Net Tangible Assets
Common Stock	- 0.88	Cash
Short Long Term Debt	- 0.77	Deferred Long Term Liab
Total Current Assets	- 0.76	Short Long Term Debt
Short Long Term Debt	- 0.76	Total Current Liabilities
Short Long Term Debt	- 0.75	Total Liab