Zhongchao Ev To Sales vs Capex To Operating Cash Flow Analysis

ZCMD Stock  USD 1.34  0.04  3.08%   
Zhongchao financial indicator trend analysis is more than just analyzing Zhongchao current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Zhongchao is a good investment. Please check the relationship between Zhongchao Ev To Sales and its Capex To Operating Cash Flow accounts. 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.

Ev To Sales vs Capex To Operating Cash Flow

Ev To Sales vs Capex To Operating Cash Flow Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Zhongchao Ev To Sales account and Capex To Operating Cash Flow. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Zhongchao's Ev To Sales and Capex To Operating Cash Flow is -0.6. Overlapping area represents the amount of variation of Ev To Sales that can explain the historical movement of Capex To Operating Cash Flow in the same time period over historical financial statements of Zhongchao, assuming nothing else is changed. The correlation between historical values of Zhongchao's Ev To Sales and Capex To Operating Cash Flow is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Ev To Sales of Zhongchao are associated (or correlated) with its Capex To Operating Cash Flow. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capex To Operating Cash Flow has no effect on the direction of Ev To Sales i.e., Zhongchao's Ev To Sales and Capex To Operating Cash Flow go up and down completely randomly.

Correlation Coefficient

-0.6
Relationship DirectionNegative 
Relationship StrengthWeak

Ev To Sales

The Enterprise Value to Sales ratio, a valuation metric used to compare the value of a company, including debt and excluding cash, to its sales revenue.

Capex To Operating Cash Flow

Most indicators from Zhongchao's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Zhongchao 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 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.The current year's Tax Provision is expected to grow to about (636.3 K). In addition to that, Selling General Administrative is expected to decline to about 4.3 M
 2021 2022 2023 2024 (projected)
Interest Income176.0K142.0K237.1K176.4K
Net Interest Income176.0K142.0K237.1K176.4K

Zhongchao fundamental ratios Correlations

0.360.970.990.820.940.95-0.65-0.920.63-0.490.960.910.70.860.940.90.840.940.080.470.830.50.790.960.91
0.360.410.340.710.420.47-0.04-0.320.14-0.420.370.320.670.340.360.210.440.450.090.160.720.64-0.030.380.37
0.970.410.950.810.890.96-0.54-0.850.58-0.550.910.960.730.850.870.840.80.920.040.590.820.410.70.920.97
0.990.340.950.80.920.91-0.7-0.950.68-0.510.980.860.690.830.950.930.810.910.040.360.810.520.810.930.85
0.820.710.810.80.890.84-0.35-0.790.43-0.540.830.680.930.740.870.660.870.860.180.381.00.80.510.860.75
0.940.420.890.920.890.94-0.54-0.850.47-0.350.870.830.710.90.940.80.970.960.240.480.890.620.710.990.85
0.950.470.960.910.840.94-0.5-0.780.47-0.430.840.950.680.910.850.790.880.960.140.630.850.430.640.960.95
-0.65-0.04-0.54-0.7-0.35-0.54-0.50.78-0.90.51-0.68-0.49-0.14-0.31-0.56-0.9-0.33-0.40.480.1-0.32-0.17-0.74-0.48-0.39
-0.92-0.32-0.85-0.95-0.79-0.85-0.780.78-0.80.61-0.98-0.7-0.7-0.66-0.93-0.94-0.71-0.780.11-0.14-0.78-0.6-0.83-0.83-0.7
0.630.140.580.680.430.470.47-0.9-0.8-0.80.70.510.340.170.530.870.230.34-0.67-0.020.380.20.710.420.44
-0.49-0.42-0.55-0.51-0.54-0.35-0.430.510.61-0.8-0.56-0.47-0.58-0.1-0.37-0.64-0.18-0.270.68-0.12-0.48-0.19-0.32-0.32-0.47
0.960.370.910.980.830.870.84-0.68-0.980.7-0.560.770.760.760.960.90.760.860.020.250.830.610.80.880.79
0.910.320.960.860.680.830.95-0.49-0.70.51-0.470.770.560.820.730.780.730.870.00.750.690.20.660.870.98
0.70.670.730.690.930.710.68-0.14-0.70.34-0.580.760.560.610.780.50.720.730.190.320.930.780.380.720.67
0.860.340.850.830.740.90.91-0.31-0.660.17-0.10.760.820.610.840.620.920.970.510.530.780.470.520.940.83
0.940.360.870.950.870.940.85-0.56-0.930.53-0.370.960.730.780.840.810.90.920.250.290.880.730.780.950.76
0.90.210.840.930.660.80.79-0.9-0.940.87-0.640.90.780.50.620.810.620.72-0.290.20.630.340.810.780.72
0.840.440.80.810.870.970.88-0.33-0.710.23-0.180.760.730.720.920.90.620.950.460.490.890.670.570.960.77
0.940.450.920.910.860.960.96-0.4-0.780.34-0.270.860.870.730.970.920.720.950.380.550.880.580.640.980.89
0.080.090.040.040.180.240.140.480.11-0.670.680.020.00.190.510.25-0.290.460.380.170.260.39-0.090.30.08
0.470.160.590.360.380.480.630.1-0.14-0.02-0.120.250.750.320.530.290.20.490.550.170.38-0.060.30.540.78
0.830.720.820.811.00.890.85-0.32-0.780.38-0.480.830.690.930.780.880.630.890.880.260.380.810.50.880.76
0.50.640.410.520.80.620.43-0.17-0.60.2-0.190.610.20.780.470.730.340.670.580.39-0.060.810.390.580.29
0.79-0.030.70.810.510.710.64-0.74-0.830.71-0.320.80.660.380.520.780.810.570.64-0.090.30.50.390.720.63
0.960.380.920.930.860.990.96-0.48-0.830.42-0.320.880.870.720.940.950.780.960.980.30.540.880.580.720.89
0.910.370.970.850.750.850.95-0.39-0.70.44-0.470.790.980.670.830.760.720.770.890.080.780.760.290.630.89
Click cells to compare fundamentals

Zhongchao Account Relationship Matchups

Zhongchao fundamental ratios 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 Bollinger Bands module to use Bollinger Bands indicator to analyze target price for a given investing horizon.
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.