Dezhan Short Term Investments vs Intangible Assets 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 Short Term Investments and its Intangible Assets 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.

Short Term Investments vs Intangible Assets

Short Term Investments vs Intangible Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Dezhan HealthCare Short Term Investments account and Intangible Assets. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Dezhan HealthCare's Short Term Investments and Intangible Assets is -0.2. Overlapping area represents the amount of variation of Short Term Investments that can explain the historical movement of Intangible Assets 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 Short Term Investments and Intangible Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Term Investments of Dezhan HealthCare Co are associated (or correlated) with its Intangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Intangible Assets has no effect on the direction of Short Term Investments i.e., Dezhan HealthCare's Short Term Investments and Intangible Assets go up and down completely randomly.

Correlation Coefficient

-0.2
Relationship DirectionNegative 
Relationship StrengthInsignificant

Short Term Investments

Short Term Investments is an item under the current assets section of Dezhan HealthCare balance sheet. It contains any investments Dezhan HealthCare Co undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that Dezhan HealthCare can easily liquidate in the marketplace.

Intangible Assets

Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.
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
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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.