Dezhan Net Income vs Change To Netincome Analysis

000813 Stock   3.17  0.08  2.59%   
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 Net Income and its Change To Netincome 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.

Net Income vs Change To Netincome

Net Income vs Change To Netincome Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Dezhan HealthCare Net Income account and Change To Netincome. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Dezhan HealthCare's Net Income and Change To Netincome is -0.48. Overlapping area represents the amount of variation of Net Income that can explain the historical movement of Change To Netincome 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 Net Income and Change To Netincome 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 Income of Dezhan HealthCare Co are associated (or correlated) with its Change To Netincome. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Change To Netincome has no effect on the direction of Net Income i.e., Dezhan HealthCare's Net Income and Change To Netincome go up and down completely randomly.

Correlation Coefficient

-0.48
Relationship DirectionNegative 
Relationship StrengthVery Weak

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in Dezhan HealthCare financial statement analysis. It represents the amount of money remaining after all of Dezhan HealthCare Co operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.

Change To Netincome

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 26, 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
Click cells to compare fundamentals

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

Also Currently Popular

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.

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.