China Other Current Assets vs Accounts Payable Analysis
CPHI Stock | USD 0.20 0.01 5.26% |
China Pharma financial indicator trend analysis is way more than just evaluating China Pharma Holdings prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether China Pharma Holdings is a good investment. Please check the relationship between China Pharma Other Current Assets and its Accounts Payable accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in China Pharma Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate.
Other Current Assets vs Accounts Payable
Other Current Assets vs Accounts Payable Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of China Pharma Holdings Other Current Assets account and Accounts Payable. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between China Pharma's Other Current Assets and Accounts Payable is 0.47. Overlapping area represents the amount of variation of Other Current Assets that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of China Pharma Holdings, assuming nothing else is changed. The correlation between historical values of China Pharma's Other Current Assets and Accounts Payable is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Current Assets of China Pharma Holdings are associated (or correlated) with its Accounts Payable. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accounts Payable has no effect on the direction of Other Current Assets i.e., China Pharma's Other Current Assets and Accounts Payable go up and down completely randomly.
Correlation Coefficient | 0.47 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Other Current Assets
Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.Accounts Payable
An accounting item on the balance sheet that represents China Pharma obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of China Pharma Holdings are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.Most indicators from China Pharma's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into China Pharma Holdings 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 China Pharma Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate. As of now, China Pharma's Enterprise Value Over EBITDA is increasing as compared to previous years. The China Pharma's current Enterprise Value Multiple is estimated to increase to 654.35, while Selling General Administrative is projected to decrease to under 1.4 M.
China Pharma fundamental ratios Correlations
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China Pharma Account Relationship Matchups
High Positive Relationship
High Negative Relationship
China Pharma fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 22.2M | 21.1M | 22.6M | 17.8M | 16.5M | 15.6M | |
Short Long Term Debt Total | 4.6M | 7.4M | 12.5M | 8.8M | 4.6M | 7.4M | |
Other Current Liab | 5.8M | 2.9M | 1.3M | 1.7M | 1.6M | 1.6M | |
Total Current Liabilities | 10.0M | 11.4M | 10.5M | 12.7M | 6.8M | 9.2M | |
Total Stockholder Equity | 9.2M | 8.0M | 6.0M | 4.3M | 7.5M | 7.1M | |
Property Plant And Equipment Net | 16.0M | 15.2M | 13.0M | 9.6M | 7.2M | 13.2M | |
Net Debt | 3.5M | 6.5M | 7.6M | 6.7M | 3.2M | 4.3M | |
Retained Earnings | (26.0M) | (28.8M) | (32.2M) | (36.2M) | (39.3M) | (37.3M) | |
Accounts Payable | 1.4M | 1.2M | 926.7K | 667.1K | 966.4K | 1.7M | |
Cash | 1.1M | 957.7K | 4.9M | 2.0M | 1.4M | 2.8M | |
Non Current Assets Total | 16.7M | 15.8M | 13.6M | 11.8M | 10.5M | 9.9M | |
Cash And Short Term Investments | 1.1M | 957.7K | 4.9M | 2.0M | 1.5M | 2.8M | |
Net Receivables | 727.8K | 583.3K | 835.4K | 464.5K | 662.4K | 629.3K | |
Liabilities And Stockholders Equity | 22.2M | 21.1M | 22.6M | 17.8M | 16.5M | 15.6M | |
Non Current Liabilities Total | 3.0M | 1.7M | 6.1M | 754.7K | 2.2M | 3.5M | |
Total Liab | 13.0M | 13.1M | 16.6M | 13.5M | 9.0M | 12.7M | |
Property Plant And Equipment Gross | 16.0M | 15.2M | 41.1M | 38.0M | 37.2M | 39.1M | |
Total Current Assets | 5.6M | 5.3M | 9.1M | 6.0M | 6.0M | 5.7M | |
Accumulated Other Comprehensive Income | 11.6M | 12.3M | 12.6M | 11.6M | 11.5M | 9.9M | |
Short Term Debt | 2.4M | 6.5M | 7.2M | 8.8M | 3.2M | 4.4M | |
Current Deferred Revenue | 505.4K | 719.8K | 210.0K | 520.3K | 90.5K | 86.0K | |
Non Currrent Assets Other | (16.7M) | (15.8M) | (13.6M) | (11.8M) | (397.7K) | (417.6K) | |
Inventory | 3.6M | 3.7M | 3.3M | 2.9M | 3.7M | 3.5M | |
Other Current Assets | 187.4K | 75.9K | 59.3K | 522.3K | 110.3K | 104.7K | |
Intangible Assets | 609.4K | 613.8K | 589.6K | 2.2M | 3.3M | 3.4M | |
Other Liab | 764.4K | 753.4K | 805.6K | 824.4K | 948.1K | 718.4K | |
Property Plant Equipment | 19.3M | 16.3M | 15.6M | 13.4M | 15.4M | 17.9M | |
Net Tangible Assets | 29.9M | 9.0M | 7.8M | 5.9M | 5.3M | 5.0M | |
Long Term Debt | 2.2M | 904.2K | 5.3M | 1.4M | 1.3M | 2.5M | |
Retained Earnings Total Equity | 5.5M | (5.3M) | (26.0M) | (28.8M) | (26.0M) | (24.7M) | |
Short Term Investments | 45.8K | 53.7K | 91.4K | 13.8K | 65.9K | 80.7K | |
Deferred Long Term Liab | 738.2K | 764.4K | 753.4K | 805.6K | 926.4K | 788.0K | |
Short Long Term Debt | 2.3M | 6.5M | 7.1M | 8.7M | 3.1M | 4.3M |
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When determining whether China Pharma Holdings offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of China Pharma's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of China Pharma Holdings Stock. Outlined below are crucial reports that will aid in making a well-informed decision on China Pharma Holdings Stock:Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in China Pharma Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate. You can also try the Analyst Advice module to analyst recommendations and target price estimates broken down by several categories.
Is Pharmaceuticals space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of China Pharma. If investors know China will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about China Pharma listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.69) | Revenue Per Share 0.63 | Quarterly Revenue Growth (0.16) | Return On Assets (0.18) | Return On Equity (0.75) |
The market value of China Pharma Holdings is measured differently than its book value, which is the value of China that is recorded on the company's balance sheet. Investors also form their own opinion of China Pharma's value that differs from its market value or its book value, called intrinsic value, which is China Pharma's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because China Pharma's market value can be influenced by many factors that don't directly affect China Pharma's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between China Pharma's value and its price as these two are different measures arrived at by different means. Investors typically determine if China Pharma is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, China Pharma's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.