Zhongchao Historical Balance Sheet

ZCMD Stock  USD 1.30  0.05  4.00%   
Trend analysis of Zhongchao balance sheet accounts such as Total Assets of 27.2 M, Other Current Liab of 645.7 K, Total Current Liabilities of 3.1 M or Total Stockholder Equity of 22.7 M provides information on Zhongchao's total assets, liabilities, and equity, which is the actual value of Zhongchao to its prevalent stockholders. By breaking down trends over time using Zhongchao balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
 
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Financial Statement Analysis is much more than just reviewing and examining Zhongchao latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Zhongchao is a good buy for the upcoming year.

Zhongchao Inventory

1.27 Million

  
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Zhongchao. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.
For information on how to trade Zhongchao Stock refer to our How to Trade Zhongchao Stock guide.

About Zhongchao Balance Sheet Analysis

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

Zhongchao Balance Sheet Chart

At present, Zhongchao's Total Current Liabilities is projected to increase significantly based on the last few years of reporting. The current year's Total Stockholder Equity is expected to grow to about 22.7 M, whereas Net Tangible Assets are forecasted to decline to about 21 M.

Total Assets

Total assets refers to the total amount of Zhongchao 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 Zhongchao 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.

Total Current Liabilities

Total Current Liabilities is an item on Zhongchao balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Zhongchao are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.

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.

Cash

Cash refers to the most liquid asset of Zhongchao, which is listed under current asset account on Zhongchao balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Zhongchao customers. The amounts must be unrestricted with restricted cash listed in a different Zhongchao account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.
Most accounts from Zhongchao's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Zhongchao current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Zhongchao. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.
For information on how to trade Zhongchao Stock refer to our How to Trade Zhongchao Stock guide.At present, Zhongchao's Total Current Liabilities is projected to increase significantly based on the last few years of reporting. The current year's Total Stockholder Equity is expected to grow to about 22.7 M, whereas Net Tangible Assets are forecasted to decline to about 21 M.
 2021 2022 2023 2024 (projected)
Other Current Liabilities269.5K475.8K912.6K645.7K
Total Assets36.3M38.6M24.4M27.2M

Zhongchao balance sheet Correlations

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Click cells to compare fundamentals

Zhongchao Account Relationship Matchups

Zhongchao balance sheet Accounts

201920202021202220232024 (projected)
Total Assets17.7M34.8M36.3M38.6M24.4M27.2M
Other Current Liab1.6M141.5K269.5K475.8K912.6K645.7K
Total Current Liabilities2.4M3.0M3.6M4.2M2.7M3.1M
Total Stockholder Equity15.4M31.8M32.6M29.9M18.0M22.7M
Net Tangible Assets11.0M15.0M31.8M32.5M37.4M21.0M
Property Plant And Equipment Net2.1M2.8M4.3M5.8M4.0M3.1M
Current Deferred Revenue397.2K6.8K7.4K395.3K838.8K880.8K
Net Debt(7.6M)(15.0M)(13.7M)(9.8M)(6.7M)(7.1M)
Retained Earnings3.3M7.3M7.2M4.1M(7.3M)(6.9M)
Accounts Payable117.1K408.4K38.9K140.8K683.9K718.1K
Cash7.8M15.1M13.9M11.5M7.5M10.5M
Non Current Assets Total3.2M5.2M9.0M15.9M5.7M6.5M
Other Assets378.0K689.0K1.9M2.7M3.1M3.3M
Cash And Short Term Investments7.8M17.1M14.2M12.0M13.4M12.3M
Net Receivables5.2M10.4M12.4M9.1M3.0M2.9M
Common Stock Shares Outstanding2.2M2.4M2.5M2.6M2.6M2.6M
Short Term Investments0.02.0M296.2K518.4K5.9M6.2M
Liabilities And Stockholders Equity17.7M34.8M36.3M38.6M24.4M27.2M
Non Current Liabilities Total41.4K62.2K112.6K1.4M700.1K453.9K
Inventory1.5M2.0M644.5K189.1K2.0M1.3M
Other Current Assets16.7K2.1M691.7K1.3M270.1K256.6K
Other Stockholder Equity12.0M22.8M23.0M25.0M25.1M20.2M
Total Liab2.4M3.0M3.7M5.6M3.4M3.5M
Net Invested Capital15.4M31.8M32.6M29.9M18.0M22.8M
Property Plant And Equipment Gross2.3M2.8M4.9M6.2M4.2M3.3M
Total Current Assets14.5M29.6M27.3M22.7M18.7M20.7M
Accumulated Other Comprehensive Income71.0K1.7M2.4M803.2K138.3K131.4K
Net Working Capital12.2M26.6M23.7M18.5M16.0M17.6M
Short Term Debt210.2K124.3K177.9K480.6K236.3K248.0K
Intangible Assets403.7K402.6K383.6K1.2M17.5K16.7K
Property Plant Equipment669.9K2.1M2.1M4.1M4.7M5.0M
Short Long Term Debt Total251.6K62.2K201.6K1.7M808.2K688.1K

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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 Zhongchao is a strong investment it is important to analyze Zhongchao's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Zhongchao's future performance. For an informed investment choice regarding Zhongchao Stock, refer to the following important reports:
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Zhongchao. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.
For information on how to trade Zhongchao Stock refer to our How to Trade Zhongchao Stock guide.
You can also try the Equity Valuation module to check real value of public entities based on technical and fundamental data.
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 Zhongchao. If investors know Zhongchao 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 Zhongchao 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
(0.91)
Earnings Share
(2.51)
Revenue Per Share
6.642
Quarterly Revenue Growth
(0.20)
Return On Assets
(0.02)
The market value of Zhongchao is measured differently than its book value, which is the value of Zhongchao that is recorded on the company's balance sheet. Investors also form their own opinion of Zhongchao's value that differs from its market value or its book value, called intrinsic value, which is Zhongchao'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 Zhongchao's market value can be influenced by many factors that don't directly affect Zhongchao'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 Zhongchao's value and its price as these two are different measures arrived at by different means. Investors typically determine if Zhongchao is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Zhongchao'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.