Shandong Short Long Term Debt vs Total Stockholder Equity Analysis

300677 Stock   26.28  0.28  1.08%   
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 Short Long Term Debt and its Total Stockholder Equity 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.

Short Long Term Debt vs Total Stockholder Equity

Short Long Term Debt vs Total Stockholder Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Shandong Intco Medical Short Long Term Debt account and Total Stockholder Equity. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Shandong Intco's Short Long Term Debt and Total Stockholder Equity is 0.5. Overlapping area represents the amount of variation of Short Long Term Debt that can explain the historical movement of Total Stockholder Equity 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 Short Long Term Debt and Total Stockholder Equity 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 Long Term Debt of Shandong Intco Medical are associated (or correlated) with its Total Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Stockholder Equity has no effect on the direction of Short Long Term Debt i.e., Shandong Intco's Short Long Term Debt and Total Stockholder Equity go up and down completely randomly.

Correlation Coefficient

0.5
Relationship DirectionPositive 
Relationship StrengthWeak

Short Long Term Debt

The total of a company's short-term and long-term borrowings.

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.
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 November 29, 2024, Tax Provision is expected to decline to about 52 M. In addition to that, Selling General Administrative is expected to decline to about 335.9 M
 2021 2022 2023 2024 (projected)
Gross Profit10.0B868.1M947.7M900.3M
Total Revenue16.2B6.6B6.9B6.9B

Shandong Intco fundamental ratios Correlations

0.380.890.911.01.00.990.880.990.990.230.980.90.90.920.780.240.960.30.770.990.640.90.990.990.16
0.380.030.580.390.430.460.690.460.370.860.350.440.580.620.55-0.280.160.83-0.20.390.520.580.340.320.29
0.890.030.670.860.860.820.590.890.850.080.910.740.640.690.540.40.980.180.970.910.460.650.890.880.07
0.910.580.670.930.940.950.970.90.930.320.880.940.990.990.870.080.780.340.50.890.740.990.90.910.17
1.00.390.860.931.01.00.90.971.00.190.970.90.920.920.80.20.930.260.730.980.620.920.991.00.14
1.00.430.860.941.01.00.910.980.990.250.970.90.920.930.80.190.930.320.720.990.640.920.990.990.16
0.990.460.820.951.01.00.930.970.990.250.960.90.940.940.830.160.90.310.670.970.650.940.980.990.15
0.880.690.590.970.90.910.930.880.890.430.820.920.980.980.8-0.010.720.450.390.860.730.970.850.870.26
0.990.460.890.90.970.980.970.880.960.370.980.890.880.920.750.220.950.450.750.990.670.890.970.960.2
0.990.370.850.931.00.990.990.890.960.160.970.890.920.920.820.240.920.220.720.970.630.920.991.00.14
0.230.860.080.320.190.250.250.430.370.160.250.260.30.410.3-0.170.130.98-0.10.290.390.310.190.140.29
0.980.350.910.880.970.970.960.820.980.970.250.850.870.880.820.350.960.310.80.980.640.870.990.970.16
0.90.440.740.940.90.90.90.920.890.890.260.850.940.950.680.180.830.290.60.90.810.950.890.880.31
0.90.580.640.990.920.920.940.980.880.920.30.870.940.980.850.160.760.310.470.880.781.00.90.90.29
0.920.620.690.990.920.930.940.980.920.920.410.880.950.980.840.080.790.430.510.90.770.980.90.90.21
0.780.550.540.870.80.80.830.80.750.820.30.820.680.850.840.220.640.280.390.730.620.840.80.790.05
0.24-0.280.40.080.20.190.16-0.010.220.24-0.170.350.180.160.080.220.37-0.210.470.240.340.170.320.240.58
0.960.160.980.780.930.930.90.720.950.920.130.960.830.760.790.640.370.220.920.970.550.770.960.940.13
0.30.830.180.340.260.320.310.450.450.220.980.310.290.310.430.28-0.210.220.00.360.330.320.250.210.24
0.77-0.20.970.50.730.720.670.390.750.72-0.10.80.60.470.510.390.470.920.00.790.320.470.780.76-0.01
0.990.390.910.890.980.990.970.860.990.970.290.980.90.880.90.730.240.970.360.790.630.880.980.980.18
0.640.520.460.740.620.640.650.730.670.630.390.640.810.780.770.620.340.550.330.320.630.810.680.610.53
0.90.580.650.990.920.920.940.970.890.920.310.870.951.00.980.840.170.770.320.470.880.810.90.90.31
0.990.340.890.90.990.990.980.850.970.990.190.990.890.90.90.80.320.960.250.780.980.680.90.990.2
0.990.320.880.911.00.990.990.870.961.00.140.970.880.90.90.790.240.940.210.760.980.610.90.990.12
0.160.290.070.170.140.160.150.260.20.140.290.160.310.290.210.050.580.130.24-0.010.180.530.310.20.12
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Shandong Intco Account Relationship Matchups

Shandong Intco fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets3.0B12.9B20.6B21.5B27.1B28.4B
Other Current Liab47.8M1.2B667.9M575.2M3.8M3.6M
Total Current Liabilities867.7M2.2B2.1B3.2B8.6B9.0B
Total Stockholder Equity1.5B9.3B15.9B15.8B16.0B8.4B
Other Liab87.1M1.0B2.2B2.2B2.6B2.7B
Net Tangible Assets1.3B9.0B15.2B15.2B17.5B18.4B
Retained Earnings617.8M7.5B13.9B14.1B14.2B14.9B
Accounts Payable297.8M856.1M1.2B946.4M921.6M675.2M
Cash614.3M5.0B5.0B5.0B7.2B7.6B
Non Current Assets Total1.4B4.4B9.9B11.2B11.5B12.0B
Non Currrent Assets Other101.8M3.9B398.3M379.5M191.6M182.0M
Other Assets130.8M487.9M496.0M864.4M994.0M1.0B
Net Receivables397.7M516.9M805.8M553.5M922.5M549.4M
Non Current Liabilities Total622.5M1.3B2.4B2.3B2.2B1.2B
Inventory233.3M847.5M1.1B1.0B1.1B663.3M
Other Current Assets41.1M690.8M600.9M1.9B884.4M581.5M
Other Stockholder Equity45.7M(2.4M)(15.2M)18.8M21.6M22.7M
Total Liab1.5B3.5B4.5B5.4B10.8B11.3B
Deferred Long Term Liab497.5K14.9M2.9M1.8M2.0M3.6M
Short Long Term Debt462.8M22.2M50.5M1.5B7.0B7.4B
Total Current Assets1.5B8.5B10.8B10.2B15.6B16.4B
Intangible Assets195.3M349.5M629.9M583.5M566.8M339.6M
Common Stock198.3M352.2M549.6M659.6M758.5M796.4M
Property Plant Equipment1.1B3.6B8.3B8.9B10.2B10.8B
Long Term Debt535.4M230.1M201.3M51.6M77.2M134.0M
Common Stock Shares Outstanding297.4M352.2M550.0M659.6M656.0M487.9M
Net Invested Capital2.5B9.6B16.1B17.4B23.1B24.3B
Net Working Capital676.5M6.3B8.7B7.1B7.0B4.8B
Capital Stock198.3M352.2M549.6M659.6M656.0M478.9M

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Other Information on Investing in Shandong Stock

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.