Dezhan Total Assets vs Net Tangible 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 Total Assets and its Net Tangible 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.

Total Assets vs Net Tangible Assets

Total Assets vs Net Tangible Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Dezhan HealthCare Total Assets account and Net Tangible Assets. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Dezhan HealthCare's Total Assets and Net Tangible Assets is 0.93. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Net Tangible 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 Total Assets and Net Tangible 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 Total Assets of Dezhan HealthCare Co are associated (or correlated) with its Net Tangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Tangible Assets has no effect on the direction of Total Assets i.e., Dezhan HealthCare's Total Assets and Net Tangible Assets go up and down completely randomly.

Correlation Coefficient

0.93
Relationship DirectionPositive 
Relationship StrengthVery Strong

Total Assets

Total assets refers to the total amount of Dezhan HealthCare assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Dezhan HealthCare books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Net Tangible Assets

The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.
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.