Meihua Net Debt vs Long Term Debt Analysis
MHUA Stock | USD 0.72 0.03 4.35% |
Meihua International financial indicator trend analysis is infinitely more than just investigating Meihua International recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Meihua International is a good investment. Please check the relationship between Meihua International Net Debt and its Long Term Debt accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Meihua International 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 employment.
Net Debt vs Long Term Debt
Net Debt vs Long Term Debt Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Meihua International Net Debt account and Long Term Debt. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Meihua International's Net Debt and Long Term Debt is -0.2. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Long Term Debt in the same time period over historical financial statements of Meihua International Medical, assuming nothing else is changed. The correlation between historical values of Meihua International's Net Debt and Long Term Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Debt of Meihua International Medical are associated (or correlated) with its Long Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Debt has no effect on the direction of Net Debt i.e., Meihua International's Net Debt and Long Term Debt go up and down completely randomly.
Correlation Coefficient | -0.2 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Net Debt
The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.Long Term Debt
Long-term debt is a debt that Meihua International has held for over one year. Long-term debt appears on Meihua International Medical balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on Meihua International Medical balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.Most indicators from Meihua International's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Meihua International 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 Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Meihua International 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 employment. The current year's Tax Provision is expected to grow to about 3.5 M, whereas Selling General Administrative is forecasted to decline to about 7.3 M.
2021 | 2022 | 2023 | 2024 (projected) | Tax Provision | 5.3M | 4.7M | 3.5M | 3.5M | Income Tax Expense | 5.3M | 4.7M | 3.5M | 4.6M |
Meihua International fundamental ratios Correlations
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Meihua International Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Meihua International fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Other Current Liab | 1.6M | 708.6K | 3.9M | 856.7K | 842.2K | 1.6M | |
Total Current Liabilities | 13.5M | 21.3M | 30.0M | 24.2M | 25.1M | 24.2M | |
Retained Earnings | 39.4M | 56.6M | 76.6M | 83.3M | 94.6M | 71.1M | |
Accounts Payable | 9.4M | 15.6M | 21.0M | 16.1M | 15.8M | 16.8M | |
Net Receivables | 35.4M | 58.6M | 86.5M | 91.0M | 99.5M | 74.1M | |
Inventory | 1.0M | 1.3M | 1.3M | 1.1M | 1.6M | 1.1M | |
Other Current Assets | 107.9K | 496.6K | 1.4M | 16.4M | 14.2M | 14.9M | |
Total Current Assets | 52.6M | 67.6M | 97.3M | 135.3M | 132.2M | 98.1M |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Meihua International offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Meihua International'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 Meihua International Medical Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Meihua International Medical Stock:Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Meihua International 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 employment. You can also try the Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Is Health Care Equipment & Supplies 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 Meihua International. If investors know Meihua 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 Meihua International listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.42) | Earnings Share 0.37 | Revenue Per Share 3.847 | Quarterly Revenue Growth (0.06) | Return On Assets 0.042 |
The market value of Meihua International is measured differently than its book value, which is the value of Meihua that is recorded on the company's balance sheet. Investors also form their own opinion of Meihua International's value that differs from its market value or its book value, called intrinsic value, which is Meihua International'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 Meihua International's market value can be influenced by many factors that don't directly affect Meihua International'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 Meihua International's value and its price as these two are different measures arrived at by different means. Investors typically determine if Meihua International is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Meihua International'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.