Concord Depreciation And Amortization vs Operating Income Analysis
CCM Stock | USD 0.67 0.08 13.56% |
Concord Medical financial indicator trend analysis is way more than just evaluating Concord Medical Services prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Concord Medical Services is a good investment. Please check the relationship between Concord Medical Depreciation And Amortization and its Operating Income accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Concord Medical Services. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators.
Depreciation And Amortization vs Operating Income
Depreciation And Amortization vs Operating Income Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Concord Medical Services Depreciation And Amortization account and Operating Income. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Concord Medical's Depreciation And Amortization and Operating Income is 0.48. Overlapping area represents the amount of variation of Depreciation And Amortization that can explain the historical movement of Operating Income in the same time period over historical financial statements of Concord Medical Services, assuming nothing else is changed. The correlation between historical values of Concord Medical's Depreciation And Amortization and Operating Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Depreciation And Amortization of Concord Medical Services are associated (or correlated) with its Operating Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Operating Income has no effect on the direction of Depreciation And Amortization i.e., Concord Medical's Depreciation And Amortization and Operating Income go up and down completely randomly.
Correlation Coefficient | 0.48 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Depreciation And Amortization
The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.Operating Income
Operating Income is the amount of profit realized from Concord Medical Services operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Concord Medical Services is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.Most indicators from Concord Medical's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Concord Medical Services 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 Concord Medical Services. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators. As of the 28th of May 2024, Enterprise Value is likely to grow to about 3.8 B, while Selling General Administrative is likely to drop about 186.8 M.
Concord Medical fundamental ratios Correlations
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Concord Medical Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Concord Medical fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 4.6B | 4.3B | 5.3B | 6.0B | 6.1B | 4.0B | |
Other Current Liab | 400.7M | 274.7M | 243.2M | 325.2M | 674.1M | 707.8M | |
Total Current Liabilities | 870.3M | 627.5M | 512.1M | 1.1B | 2.0B | 2.0B | |
Total Stockholder Equity | 437.4M | (122.8M) | (663.0M) | (1.9B) | (2.1B) | (2.0B) | |
Other Liab | 287.0M | 270.2M | 230.1M | 268.9M | 309.2M | 324.7M | |
Cash | 404.7M | 74.3M | 334.3M | 158.3M | 58.1M | 55.2M | |
Other Assets | 661.1M | 409.9M | 250.6M | 24.0M | 27.6M | 26.2M | |
Long Term Debt | 1.3B | 2.0B | 2.2B | 2.5B | 2.0B | 2.1B | |
Good Will | 165.2M | 210.4M | 213.7M | 575.4M | 661.7M | 694.8M | |
Common Stock Shares Outstanding | 43.4M | 43.4M | 43.4M | 43.7M | 50.2M | 47.0M | |
Other Current Assets | 5.1M | 4.3M | 31.4M | 24.3M | 412.9M | 433.6M | |
Total Liab | 2.3B | 2.4B | 2.9B | 4.0B | 4.3B | 4.5B | |
Intangible Assets | 895.2M | 532.5M | 522.8M | 762.1M | 721.1M | 425.8M | |
Property Plant Equipment | 2.5B | 3.2B | 3.8B | 3.9B | 4.4B | 4.7B | |
Short Long Term Debt Total | 938.1M | 1.9B | 2.4B | 3.2B | 3.3B | 3.5B | |
Property Plant And Equipment Net | 1.2B | 2.5B | 3.2B | 3.4B | 3.7B | 3.9B | |
Current Deferred Revenue | 23.6M | 3.2M | 87.7M | 100.8M | 59.4M | 32.8M | |
Net Debt | 533.4M | 1.8B | 2.0B | 3.1B | 3.2B | 3.4B | |
Retained Earnings | (1.2B) | (1.8B) | (2.5B) | (3.8B) | (4.1B) | (3.9B) | |
Accounts Payable | 5.4M | 8.3M | 18.6M | 146.7M | 129.2M | 135.7M | |
Non Current Assets Total | 3.4B | 4.0B | 4.7B | 5.2B | 5.4B | 3.2B | |
Non Currrent Assets Other | 4.9M | 661.1M | 107.5M | 23.2M | 6.3M | 6.0M | |
Cash And Short Term Investments | 454.7M | 74.3M | 334.3M | 158.3M | 58.1M | 55.2M | |
Net Receivables | 343.1M | 199.6M | 280.4M | 512.8M | 73.5M | 69.8M | |
Liabilities And Stockholders Equity | 4.6B | 4.3B | 5.3B | 6.0B | 6.1B | 4.2B | |
Non Current Liabilities Total | 1.4B | 1.8B | 2.4B | 2.9B | 2.4B | 1.3B | |
Other Stockholder Equity | 1.8B | 1.8B | 1.8B | 1.9B | 2.0B | 1.6B | |
Property Plant And Equipment Gross | 2.5B | 3.4B | 3.6B | 3.8B | 4.1B | 4.3B | |
Total Current Assets | 1.2B | 282.5M | 676.0M | 759.8M | 617.2M | 741.5M | |
Accumulated Other Comprehensive Income | (88.6M) | (97.3M) | (46.4M) | (27.8M) | (65.4M) | (62.1M) | |
Short Term Debt | 440.6M | 341.3M | 162.5M | 548.5M | 1.1B | 1.1B | |
Short Term Investments | 50M | 35.2M | 25.0M | 2.7M | 2.4M | 2.3M | |
Inventory | 3.4M | 4.3M | 21.6M | 84.8M | 40.3M | 27.4M | |
Net Tangible Assets | (865.7M) | (1.4B) | (2.6B) | (2.8B) | (2.5B) | (2.4B) | |
Long Term Investments | 64.9M | 313.0M | 390.6M | 437.9M | 394.7M | 319.4M | |
Short Long Term Debt | 328.4M | 148.9M | 299.4M | 512.6M | 1.0B | 537.8M |
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Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Concord Medical Services. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators. Note that the Concord Medical Services information on this page should be used as a complementary analysis to other Concord Medical's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Stocks Directory module to find actively traded stocks across global markets.
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When running Concord Medical's price analysis, check to measure Concord Medical's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Concord Medical is operating at the current time. Most of Concord Medical's value examination focuses on studying past and present price action to predict the probability of Concord Medical's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Concord Medical's price. Additionally, you may evaluate how the addition of Concord Medical to your portfolios can decrease your overall portfolio volatility.
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Is Concord Medical's industry 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 Concord Medical. If investors know Concord 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 Concord Medical listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.96) | Revenue Per Share 12.302 | Quarterly Revenue Growth (0.23) | Return On Assets (0.05) | Return On Equity (0.28) |
The market value of Concord Medical Services is measured differently than its book value, which is the value of Concord that is recorded on the company's balance sheet. Investors also form their own opinion of Concord Medical's value that differs from its market value or its book value, called intrinsic value, which is Concord Medical'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 Concord Medical's market value can be influenced by many factors that don't directly affect Concord Medical'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 Concord Medical's value and its price as these two are different measures arrived at by different means. Investors typically determine if Concord Medical is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Concord Medical'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.