Shandong Capital Expenditures vs Change To Liabilities Analysis

300677 Stock

25.09 0.34 1.37%

Shandong Intco financial indicator trend analysis is much more than just breaking down Shandong Intco Medical prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Shandong Intco Medical is a good investment. Please check the relationship between Shandong Intco Capital Expenditures and its Change To Liabilities accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Shandong Intco Medical. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

Capital Expenditures vs Change To Liabilities

Capital Expenditures vs Change To Liabilities Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Shandong Intco Medical Capital Expenditures account and Change To Liabilities. At this time, the significance of the direction appears to have fragmental relationship.

The correlation between Shandong Intco's Capital Expenditures and Change To Liabilities is 0.49. Overlapping area represents the amount of variation of Capital Expenditures that can explain the historical movement of Change To Liabilities in the same time period over historical financial statements of Shandong Intco Medical, assuming nothing else is changed. The correlation between historical values of Shandong Intco's Capital Expenditures and Change To Liabilities is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Capital Expenditures of Shandong Intco Medical are associated (or correlated) with its Change To Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Change To Liabilities has no effect on the direction of Capital Expenditures i.e., Shandong Intco's Capital Expenditures and Change To Liabilities go up and down completely randomly.

Correlation Coefficient

0.49

Relationship Direction	Positive
Relationship Strength	Weak

View All Relationships

Capital Expenditures

Capital Expenditures are funds used by Shandong Intco Medical to acquire physical assets such as property, industrial buildings or equipment. This type of outlay is used by management to increase the scope of Shandong Intco operations. These expenditures can include everything from repairing an office equipment, building a brand new facility, or writing new software.

Change To Liabilities

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

As of February 27, 2025, Tax Provision is expected to decline to about 59.8 M. In addition to that, Selling General Administrative is expected to decline to about 319.1 M

	2022	2023	2024	2025 (projected)
Gross Profit	868.1M	947.7M	1.1B	1.0B
Total Revenue	6.6B	6.9B	8.0B	6.9B

Gross Profit Total Revenue

Shandong Intco fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Net Tangible Assets	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Net Receivables	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Deferred Long Term Liab	Short Long Term Debt	Total Current Assets	Short Term Debt	Intangible Assets	Common Stock	Property Plant Equipment	Long Term Debt
Total Assets		0.25	0.92	0.99	0.99	0.99	0.99	0.87	0.99	0.99	0.18	0.99	0.89	0.97	0.91	0.78	0.32	0.97	0.24	0.84	1.0	0.65	0.9	0.99	0.99	0.11
Other Current Liab	0.25		-0.06	0.35	0.32	0.36	0.34	0.58	0.32	0.24	0.86	0.28	0.26	0.38	0.47	0.48	-0.29	0.05	0.83	-0.24	0.25	0.47	0.46	0.28	0.26	0.3
Total Current Liabilities	0.92	-0.06		0.86	0.86	0.85	0.86	0.65	0.92	0.89	0.04	0.91	0.81	0.82	0.74	0.58	0.45	0.99	0.12	0.98	0.94	0.5	0.71	0.89	0.88	0.03
Total Stockholder Equity	0.99	0.35	0.86		1.0	1.0	1.0	0.92	0.98	0.99	0.22	0.98	0.89	0.99	0.93	0.82	0.25	0.92	0.28	0.76	0.98	0.67	0.93	0.99	0.99	0.13
Other Liab	0.99	0.32	0.86	1.0		1.0	1.0	0.92	0.97	1.0	0.18	0.97	0.88	0.99	0.93	0.82	0.25	0.92	0.23	0.76	0.97	0.65	0.93	0.99	1.0	0.11
Net Tangible Assets	0.99	0.36	0.85	1.0	1.0		1.0	0.92	0.98	0.99	0.23	0.98	0.89	0.99	0.93	0.83	0.25	0.92	0.28	0.75	0.98	0.67	0.93	0.99	0.99	0.13
Retained Earnings	0.99	0.34	0.86	1.0	1.0	1.0		0.92	0.97	0.99	0.2	0.98	0.89	0.99	0.93	0.83	0.25	0.92	0.26	0.76	0.98	0.66	0.93	0.99	1.0	0.11
Accounts Payable	0.87	0.58	0.65	0.92	0.92	0.92	0.92		0.87	0.88	0.38	0.85	0.91	0.93	0.98	0.82	0.07	0.74	0.4	0.51	0.86	0.76	0.98	0.88	0.89	0.21
Cash	0.99	0.32	0.92	0.98	0.97	0.98	0.97	0.87		0.97	0.3	0.98	0.89	0.96	0.91	0.76	0.3	0.96	0.36	0.83	1.0	0.67	0.88	0.98	0.96	0.14
Non Current Assets Total	0.99	0.24	0.89	0.99	1.0	0.99	0.99	0.88	0.97		0.12	0.98	0.88	0.98	0.91	0.82	0.32	0.94	0.18	0.81	0.98	0.64	0.91	0.99	1.0	0.1
Non Currrent Assets Other	0.18	0.86	0.04	0.22	0.18	0.23	0.2	0.38	0.3	0.12		0.23	0.19	0.22	0.34	0.27	-0.18	0.09	0.98	-0.1	0.22	0.37	0.26	0.17	0.12	0.3
Other Assets	0.99	0.28	0.91	0.98	0.97	0.98	0.98	0.85	0.98	0.98	0.23		0.86	0.96	0.9	0.84	0.39	0.95	0.27	0.83	0.98	0.67	0.89	0.99	0.98	0.13
Net Receivables	0.89	0.26	0.81	0.89	0.88	0.89	0.89	0.91	0.89	0.88	0.19	0.86		0.89	0.96	0.71	0.29	0.85	0.2	0.72	0.89	0.8	0.94	0.89	0.88	0.21
Non Current Liabilities Total	0.97	0.38	0.82	0.99	0.99	0.99	0.99	0.93	0.96	0.98	0.22	0.96	0.89		0.93	0.82	0.3	0.89	0.27	0.72	0.96	0.71	0.95	0.98	0.99	0.23
Inventory	0.91	0.47	0.74	0.93	0.93	0.93	0.93	0.98	0.91	0.91	0.34	0.9	0.96	0.93		0.85	0.18	0.82	0.35	0.63	0.9	0.79	0.98	0.91	0.91	0.15
Other Current Assets	0.78	0.48	0.58	0.82	0.82	0.83	0.83	0.82	0.76	0.82	0.27	0.84	0.71	0.82	0.85		0.27	0.66	0.25	0.47	0.74	0.66	0.86	0.82	0.82	0.03
Other Stockholder Equity	0.32	-0.29	0.45	0.25	0.25	0.25	0.25	0.07	0.3	0.32	-0.18	0.39	0.29	0.3	0.18	0.27		0.43	-0.21	0.5	0.32	0.38	0.25	0.37	0.29	0.55
Total Liab	0.97	0.05	0.99	0.92	0.92	0.92	0.92	0.74	0.96	0.94	0.09	0.95	0.85	0.89	0.82	0.66	0.43		0.16	0.95	0.98	0.57	0.79	0.94	0.93	0.08
Deferred Long Term Liab	0.24	0.83	0.12	0.28	0.23	0.28	0.26	0.4	0.36	0.18	0.98	0.27	0.2	0.27	0.35	0.25	-0.21	0.16		-0.02	0.29	0.31	0.26	0.22	0.18	0.24
Short Long Term Debt	0.84	-0.24	0.98	0.76	0.76	0.75	0.76	0.51	0.83	0.81	-0.1	0.83	0.72	0.72	0.63	0.47	0.5	0.95	-0.02		0.86	0.39	0.59	0.8	0.79	-0.03
Total Current Assets	1.0	0.25	0.94	0.98	0.97	0.98	0.98	0.86	1.0	0.98	0.22	0.98	0.89	0.96	0.9	0.74	0.32	0.98	0.29	0.86		0.64	0.88	0.98	0.97	0.12
Short Term Debt	0.65	0.47	0.5	0.67	0.65	0.67	0.66	0.76	0.67	0.64	0.37	0.67	0.8	0.71	0.79	0.66	0.38	0.57	0.31	0.39	0.64		0.83	0.71	0.64	0.49
Intangible Assets	0.9	0.46	0.71	0.93	0.93	0.93	0.93	0.98	0.88	0.91	0.26	0.89	0.94	0.95	0.98	0.86	0.25	0.79	0.26	0.59	0.88	0.83		0.92	0.92	0.25
Common Stock	0.99	0.28	0.89	0.99	0.99	0.99	0.99	0.88	0.98	0.99	0.17	0.99	0.89	0.98	0.91	0.82	0.37	0.94	0.22	0.8	0.98	0.71	0.92		0.99	0.16
Property Plant Equipment	0.99	0.26	0.88	0.99	1.0	0.99	1.0	0.89	0.96	1.0	0.12	0.98	0.88	0.99	0.91	0.82	0.29	0.93	0.18	0.79	0.97	0.64	0.92	0.99		0.09
Long Term Debt	0.11	0.3	0.03	0.13	0.11	0.13	0.11	0.21	0.14	0.1	0.3	0.13	0.21	0.23	0.15	0.03	0.55	0.08	0.24	-0.03	0.12	0.49	0.25	0.16	0.09

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Shandong Intco Account Relationship Matchups

Shandong Intco fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	12.9B	20.6B	21.5B	27.1B	31.1B	32.7B
Other Current Liab	1.2B	667.9M	575.2M	3.8M	4.3M	4.1M
Total Current Liabilities	2.2B	2.1B	3.2B	8.6B	9.9B	10.4B
Total Stockholder Equity	9.3B	15.9B	15.8B	16.0B	18.4B	19.4B
Other Liab	87.1M	1.0B	2.2B	2.2B	2.6B	2.7B
Net Tangible Assets	1.3B	9.0B	15.2B	15.2B	17.5B	18.4B
Retained Earnings	7.5B	13.9B	14.1B	14.2B	16.3B	17.1B
Accounts Payable	856.1M	1.2B	946.4M	921.6M	1.1B	675.2M
Cash	5.0B	5.0B	5.0B	7.2B	8.3B	8.7B
Non Current Assets Total	4.4B	9.9B	11.2B	11.5B	13.2B	13.9B
Non Currrent Assets Other	3.9B	398.3M	379.5M	191.6M	220.3M	209.3M
Other Assets	130.8M	487.9M	496.0M	864.4M	994.0M	1.0B
Net Receivables	516.9M	775.1M	553.5M	922.5M	1.1B	545.1M
Non Current Liabilities Total	1.3B	2.4B	2.3B	2.2B	2.5B	2.6B
Inventory	847.5M	1.1B	1.0B	1.1B	1.3B	663.3M
Other Current Assets	690.8M	600.9M	1.9B	884.4M	1.0B	581.5M
Other Stockholder Equity	45.7M	(2.4M)	(15.2M)	18.8M	21.6M	22.7M
Total Liab	3.5B	4.5B	5.4B	10.8B	12.4B	13.0B
Deferred Long Term Liab	497.5K	14.9M	2.9M	1.8M	2.0M	3.6M
Short Long Term Debt	22.2M	50.5M	1.5B	7.0B	8.1B	8.5B
Total Current Assets	8.5B	10.8B	10.2B	15.6B	17.9B	18.8B
Intangible Assets	349.5M	629.9M	583.5M	566.8M	651.9M	339.6M
Common Stock	198.3M	352.2M	549.6M	659.6M	758.5M	796.4M
Property Plant Equipment	1.1B	3.6B	8.3B	8.9B	10.2B	10.8B
Long Term Debt	230.1M	201.3M	51.6M	77.2M	69.5M	134.0M
Common Stock Shares Outstanding	352.2M	550.0M	659.6M	656.0M	754.4M	487.9M
Net Invested Capital	9.6B	16.1B	17.4B	23.1B	26.6B	27.9B
Net Working Capital	6.3B	8.7B	7.1B	7.0B	8.0B	4.8B
Capital Stock	352.2M	549.6M	659.6M	656.0M	754.4M	478.9M
Property Plant And Equipment Net	3.6B	8.3B	8.9B	9.2B	10.6B	6.8B
Short Term Investments	1.4B	3.3B	1.6B	5.2B	6.0B	6.3B
Property Plant And Equipment Gross	4.1B	9.0B	10.2B	11.2B	12.9B	7.9B

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

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Shandong Capital Expenditures vs Change To Liabilities Analysis

Capital Expenditures vs Change To Liabilities

Capital Expenditures vs Change To Liabilities Correlation Analysis

Correlation Coefficient

Capital Expenditures

Change To Liabilities

Shandong Intco fundamental ratios Correlations

Shandong Intco Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Shandong Intco fundamental ratios Accounts

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Other Information on Investing in Shandong Stock

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COMPANY

Total Current Assets	+ 1.0	Total Assets
Other Liab	+ 1.0	Total Stockholder Equity
Net Tangible Assets	+ 1.0	Total Stockholder Equity
Retained Earnings	+ 1.0	Total Stockholder Equity
Net Tangible Assets	+ 1.0	Other Liab
Retained Earnings	+ 1.0	Other Liab

Other Stockholder Equity	- 0.29	Other Current Liab
Short Long Term Debt	- 0.24	Other Current Liab
Deferred Long Term Liab	- 0.21	Other Stockholder Equity
Other Stockholder Equity	- 0.18	Non Currrent Assets Other
Short Long Term Debt	- 0.1	Non Currrent Assets Other
Total Current Liabilities	- 0.06	Other Current Liab