Dezhan Long Term Investments vs Accounts Payable Analysis

000813 Stock   3.19  0.08  2.57%   
Dezhan HealthCare financial indicator trend analysis is much more than just examining Dezhan HealthCare latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Dezhan HealthCare is a good investment. Please check the relationship between Dezhan HealthCare Long Term Investments and its Accounts Payable accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Dezhan HealthCare Co. 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 Investments vs Accounts Payable

Long Term Investments vs Accounts Payable Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Dezhan HealthCare Long Term Investments account and Accounts Payable. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Dezhan HealthCare's Long Term Investments and Accounts Payable is 0.1. Overlapping area represents the amount of variation of Long Term Investments that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of Dezhan HealthCare Co, assuming nothing else is changed. The correlation between historical values of Dezhan HealthCare's Long Term Investments and Accounts Payable 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 Dezhan HealthCare Co are associated (or correlated) with its Accounts Payable. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accounts Payable has no effect on the direction of Long Term Investments i.e., Dezhan HealthCare's Long Term Investments and Accounts Payable go up and down completely randomly.

Correlation Coefficient

0.1
Relationship DirectionPositive 
Relationship StrengthInsignificant

Long Term Investments

Long Term Investments is an item on the asset side of Dezhan HealthCare balance sheet that represents investments Dezhan HealthCare intends to hold for over a year. Dezhan HealthCare Co long term investments may include different instruments such as stocks, bonds, real estate and cash.

Accounts Payable

An accounting item on the balance sheet that represents Dezhan HealthCare obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Dezhan HealthCare are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.
Most indicators from Dezhan HealthCare's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Dezhan HealthCare 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 Dezhan HealthCare Co. 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.
As of November 29, 2024, Selling General Administrative is expected to decline to about 130.3 M. In addition to that, Tax Provision is expected to decline to about 26.2 M
 2021 2022 2023 2024 (projected)
Other Operating Expenses4.3M6.0M5.4M5.2M
Gross Profit491.9M316.7M292.6M277.9M

Dezhan HealthCare fundamental ratios Correlations

0.630.240.920.90.310.760.45-0.610.490.610.10.540.07-0.110.850.730.170.930.430.730.90.68-0.680.50.44
0.630.770.450.440.350.180.25-0.280.780.30.30.70.63-0.060.60.37-0.070.45-0.220.220.580.14-0.22-0.02-0.1
0.240.770.03-0.050.39-0.11-0.050.020.470.050.630.470.930.030.30.12-0.070.05-0.37-0.10.18-0.150.04-0.23-0.34
0.920.450.030.940.250.910.42-0.710.40.6-0.010.45-0.15-0.20.790.610.210.990.630.850.960.75-0.790.560.61
0.90.44-0.050.940.170.830.45-0.680.290.65-0.090.48-0.22-0.130.840.640.240.950.620.880.90.78-0.820.580.6
0.310.350.390.250.170.34-0.16-0.060.12-0.080.080.520.390.180.260.340.180.210.10.10.270.14-0.190.330.12
0.760.18-0.110.910.830.340.19-0.720.170.39-0.140.28-0.29-0.220.680.510.280.90.790.780.850.73-0.750.610.68
0.450.25-0.050.420.45-0.160.19-0.270.080.180.180.08-0.090.090.430.370.230.390.350.450.280.69-0.170.650.6
-0.61-0.280.02-0.71-0.68-0.06-0.72-0.27-0.35-0.41-0.01-0.320.340.67-0.55-0.070.05-0.76-0.44-0.59-0.75-0.530.54-0.4-0.44
0.490.780.470.40.290.120.170.08-0.350.14-0.060.540.3-0.350.270.13-0.290.39-0.330.060.52-0.06-0.06-0.24-0.17
0.610.30.050.60.65-0.080.390.18-0.410.140.30.24-0.09-0.20.540.31-0.040.630.160.580.670.28-0.630.080.08
0.10.30.63-0.01-0.090.08-0.140.18-0.01-0.060.30.170.56-0.110.23-0.08-0.220.03-0.10.110.060.06-0.110.0-0.08
0.540.70.470.450.480.520.280.08-0.320.540.240.170.33-0.140.480.29-0.070.450.00.460.510.29-0.560.180.13
0.070.630.93-0.15-0.220.39-0.29-0.090.340.3-0.090.560.330.350.150.190.1-0.17-0.42-0.24-0.05-0.250.18-0.27-0.39
-0.11-0.060.03-0.2-0.130.18-0.220.090.67-0.35-0.2-0.11-0.140.35-0.010.550.65-0.26-0.01-0.14-0.3-0.030.160.05-0.01
0.850.60.30.790.840.260.680.43-0.550.270.540.230.480.15-0.010.70.240.830.50.750.780.71-0.680.530.51
0.730.370.120.610.640.340.510.37-0.070.130.31-0.080.290.190.550.70.590.590.40.510.50.57-0.450.470.42
0.17-0.07-0.070.210.240.180.280.230.05-0.29-0.04-0.22-0.070.10.650.240.590.170.440.290.070.37-0.220.390.43
0.930.450.050.990.950.210.90.39-0.760.390.630.030.45-0.17-0.260.830.590.170.620.860.960.75-0.810.530.6
0.43-0.22-0.370.630.620.10.790.35-0.44-0.330.16-0.10.0-0.42-0.010.50.40.440.620.780.450.86-0.670.80.89
0.730.22-0.10.850.880.10.780.45-0.590.060.580.110.46-0.24-0.140.750.510.290.860.780.760.87-0.940.660.77
0.90.580.180.960.90.270.850.28-0.750.520.670.060.51-0.05-0.30.780.50.070.960.450.760.58-0.740.360.41
0.680.14-0.150.750.780.140.730.69-0.53-0.060.280.060.29-0.25-0.030.710.570.370.750.860.870.58-0.70.910.91
-0.68-0.220.04-0.79-0.82-0.19-0.75-0.170.54-0.06-0.63-0.11-0.560.180.16-0.68-0.45-0.22-0.81-0.67-0.94-0.74-0.7-0.48-0.59
0.5-0.02-0.230.560.580.330.610.65-0.4-0.240.080.00.18-0.270.050.530.470.390.530.80.660.360.91-0.480.89
0.44-0.1-0.340.610.60.120.680.6-0.44-0.170.08-0.080.13-0.39-0.010.510.420.430.60.890.770.410.91-0.590.89
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Dezhan HealthCare Account Relationship Matchups

Dezhan HealthCare fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets5.9B6.4B5.8B5.7B5.4B2.8B
Other Current Liab219.4M200.9M208.7M186.9M34.0K32.3K
Total Current Liabilities298.8M413.0M250.1M334.8M97.2M92.3M
Total Stockholder Equity5.6B5.9B5.4B5.3B5.2B5.5B
Retained Earnings4.2B4.4B3.9B3.9B3.9B3.4B
Accounts Payable33.0M53.6M31.3M140.8M26.3M49.2M
Cash1.5B2.4B1.5B2.6B2.8B2.9B
Other Assets82.9M65.9M462.6M46.5M53.5M44.2M
Net Receivables952.1M271.9M710.7M334.3M143.6M136.4M
Short Term Investments460.0M2.1B1.1B418.4M481.2M417.7M
Inventory331.7M313.0M300.0M250.9M207.6M213.8M
Other Current Assets153.7M124.8M65.0M412.7M5.5M5.2M
Total Liab316.2M446.4M308.1M390.4M137.1M130.3M
Intangible Assets50.2M196.9M285.0M214.9M185.3M131.9M
Property Plant Equipment608.9M664.4M707.2M708.6M814.9M422.4M
Other Liab17.4M33.3M50.8M48.7M56.0M58.8M
Net Tangible Assets5.5B5.5B4.9B4.9B5.6B4.9B
Total Current Assets5.0B4.8B3.6B4.0B3.5B4.2B
Non Current Assets Total916.6M1.6B2.2B1.7B1.8B1.5B
Non Currrent Assets Other16.1M12.0M411.8M8.9M13.4M12.7M
Non Current Liabilities Total17.4M33.3M57.9M55.6M39.9M35.4M
Deferred Long Term Liab2.5M4.1M19.8M14.7M16.9M17.8M
Net Invested Capital5.6B5.9B5.4B5.3B5.2B5.9B
Net Working Capital4.7B4.4B3.3B3.6B3.4B3.1B

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Other Information on Investing in Dezhan Stock

Balance Sheet is a snapshot of the financial position of Dezhan HealthCare at a specified time, usually calculated after every quarter, six months, or one year. Dezhan HealthCare Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Dezhan HealthCare 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 Dezhan currently owns. An asset can also be divided into two categories, current and non-current.