ZTE Cash vs Retained Earnings Analysis

000063 Stock

31.16 0.42 1.37%

ZTE Corp financial indicator trend analysis is more than just analyzing ZTE Corp current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether ZTE Corp is a good investment. Please check the relationship between ZTE Corp Cash and its Retained Earnings accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in ZTE Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

Cash vs Retained Earnings

Cash vs Retained Earnings Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of ZTE Corp Cash account and Retained Earnings. At this time, the significance of the direction appears to have almost identical trend.

The correlation between ZTE Corp's Cash and Retained Earnings is 0.98. Overlapping area represents the amount of variation of Cash that can explain the historical movement of Retained Earnings in the same time period over historical financial statements of ZTE Corp, assuming nothing else is changed. The correlation between historical values of ZTE Corp's Cash and Retained Earnings is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash of ZTE Corp are associated (or correlated) with its Retained Earnings. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Retained Earnings has no effect on the direction of Cash i.e., ZTE Corp's Cash and Retained Earnings go up and down completely randomly.

Correlation Coefficient

0.98

Relationship Direction	Positive
Relationship Strength	Very Strong

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Cash

Cash refers to the most liquid asset of ZTE Corp, which is listed under current asset account on ZTE Corp balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from ZTE Corp customers. The amounts must be unrestricted with restricted cash listed in a different ZTE Corp 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.

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.

Most indicators from ZTE Corp's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into ZTE Corp 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 ZTE Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

As of November 29, 2024, Selling General Administrative is expected to decline to about 9.7 B. In addition to that, Tax Provision is expected to decline to about 919.1 M

	2021	2022	2023	2024 (projected)
Operating Income	8.5B	10.6B	11.0B	11.5B
Total Revenue	114.5B	123.0B	124.3B	73.0B

Operating Income Total Revenue

ZTE Corp fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Accounts Payable	Cash	Non Current Assets Total	Cash And Short Term Investments	Net Receivables	Inventory	Other Current Assets	Total Liab	Total Current Assets	Short Term Debt	Common Stock	Other Assets	Non Current Liabilities Total	Retained Earnings	Non Currrent Assets Other	Other Stockholder Equity	Intangible Assets	Long Term Debt
Total Assets		0.89	0.62	0.6	0.96	0.98	0.46	-0.58	0.4	0.92	0.95	0.92	0.85	0.95	-0.19	0.99	0.99	0.56	0.7	0.16	0.82	0.88	0.35	0.96	0.79	0.75
Short Long Term Debt Total	0.89		0.62	0.28	0.9	0.92	0.23	-0.41	0.01	0.95	0.8	0.95	0.7	0.84	-0.49	0.87	0.89	0.55	0.41	-0.16	0.93	0.93	0.18	0.79	0.66	0.91
Other Current Liab	0.62	0.62		0.18	0.67	0.53	-0.32	-0.59	0.1	0.71	0.39	0.69	0.53	0.53	-0.05	0.58	0.68	0.36	0.19	-0.37	0.57	0.74	-0.26	0.53	0.1	0.57
Total Current Liabilities	0.6	0.28	0.18		0.41	0.52	0.67	-0.18	0.82	0.28	0.66	0.29	0.74	0.5	0.44	0.67	0.57	0.57	0.93	0.62	0.13	0.2	0.56	0.57	0.59	0.04
Total Stockholder Equity	0.96	0.9	0.67	0.41		0.95	0.31	-0.7	0.21	0.97	0.88	0.97	0.72	0.95	-0.37	0.91	0.96	0.41	0.56	0.0	0.9	0.96	0.17	0.96	0.73	0.84
Property Plant And Equipment Net	0.98	0.92	0.53	0.52	0.95		0.49	-0.52	0.29	0.92	0.96	0.93	0.77	0.95	-0.32	0.96	0.96	0.5	0.65	0.15	0.89	0.89	0.39	0.93	0.84	0.82
Current Deferred Revenue	0.46	0.23	-0.32	0.67	0.31	0.49		-0.1	0.43	0.21	0.67	0.23	0.39	0.51	-0.05	0.5	0.38	0.29	0.66	0.66	0.18	0.09	0.65	0.52	0.83	0.07
Net Debt	-0.58	-0.41	-0.59	-0.18	-0.7	-0.52	-0.1		-0.1	-0.67	-0.45	-0.66	-0.28	-0.63	0.23	-0.49	-0.61	0.05	-0.26	0.12	-0.52	-0.65	0.23	-0.7	-0.33	-0.46
Accounts Payable	0.4	0.01	0.1	0.82	0.21	0.29	0.43	-0.1		0.04	0.41	0.05	0.63	0.27	0.76	0.46	0.39	0.28	0.78	0.71	-0.05	0.01	0.59	0.37	0.3	-0.11
Cash	0.92	0.95	0.71	0.28	0.97	0.92	0.21	-0.67	0.04		0.8	1.0	0.66	0.89	-0.48	0.87	0.93	0.43	0.41	-0.17	0.93	0.98	0.07	0.88	0.64	0.9
Non Current Assets Total	0.95	0.8	0.39	0.66	0.88	0.96	0.67	-0.45	0.41	0.8		0.81	0.78	0.93	-0.22	0.95	0.91	0.55	0.75	0.36	0.74	0.75	0.53	0.93	0.93	0.64
Cash And Short Term Investments	0.92	0.95	0.69	0.29	0.97	0.93	0.23	-0.66	0.05	1.0	0.81		0.66	0.9	-0.48	0.87	0.93	0.43	0.42	-0.16	0.94	0.98	0.08	0.88	0.66	0.9
Net Receivables	0.85	0.7	0.53	0.74	0.72	0.77	0.39	-0.28	0.63	0.66	0.78	0.66		0.67	0.18	0.89	0.86	0.78	0.73	0.17	0.5	0.6	0.34	0.76	0.6	0.44
Inventory	0.95	0.84	0.53	0.5	0.95	0.95	0.51	-0.63	0.27	0.89	0.93	0.9	0.67		-0.37	0.91	0.93	0.36	0.63	0.2	0.85	0.87	0.34	0.95	0.85	0.77
Other Current Assets	-0.19	-0.49	-0.05	0.44	-0.37	-0.32	-0.05	0.23	0.76	-0.48	-0.22	-0.48	0.18	-0.37		-0.12	-0.18	0.04	0.3	0.45	-0.56	-0.48	0.25	-0.24	-0.34	-0.56
Total Liab	0.99	0.87	0.58	0.67	0.91	0.96	0.5	-0.49	0.46	0.87	0.95	0.87	0.89	0.91	-0.12		0.98	0.62	0.73	0.22	0.78	0.82	0.43	0.92	0.8	0.71
Total Current Assets	0.99	0.89	0.68	0.57	0.96	0.96	0.38	-0.61	0.39	0.93	0.91	0.93	0.86	0.93	-0.18	0.98		0.55	0.66	0.09	0.83	0.9	0.28	0.94	0.73	0.77
Short Term Debt	0.56	0.55	0.36	0.57	0.41	0.5	0.29	0.05	0.28	0.43	0.55	0.43	0.78	0.36	0.04	0.62	0.55		0.42	-0.02	0.21	0.34	0.17	0.44	0.44	0.16
Common Stock	0.7	0.41	0.19	0.93	0.56	0.65	0.66	-0.26	0.78	0.41	0.75	0.42	0.73	0.63	0.3	0.73	0.66	0.42		0.64	0.35	0.37	0.62	0.69	0.68	0.26
Other Assets	0.16	-0.16	-0.37	0.62	0.0	0.15	0.66	0.12	0.71	-0.17	0.36	-0.16	0.17	0.2	0.45	0.22	0.09	-0.02	0.64		-0.12	-0.21	0.88	0.21	0.44	-0.2
Non Current Liabilities Total	0.82	0.93	0.57	0.13	0.9	0.89	0.18	-0.52	-0.05	0.93	0.74	0.94	0.5	0.85	-0.56	0.78	0.83	0.21	0.35	-0.12		0.95	0.19	0.76	0.61	0.99
Retained Earnings	0.88	0.93	0.74	0.2	0.96	0.89	0.09	-0.65	0.01	0.98	0.75	0.98	0.6	0.87	-0.48	0.82	0.9	0.34	0.37	-0.21	0.95		0.03	0.83	0.57	0.92
Non Currrent Assets Other	0.35	0.18	-0.26	0.56	0.17	0.39	0.65	0.23	0.59	0.07	0.53	0.08	0.34	0.34	0.25	0.43	0.28	0.17	0.62	0.88	0.19	0.03		0.29	0.56	0.13
Other Stockholder Equity	0.96	0.79	0.53	0.57	0.96	0.93	0.52	-0.7	0.37	0.88	0.93	0.88	0.76	0.95	-0.24	0.92	0.94	0.44	0.69	0.21	0.76	0.83	0.29		0.83	0.68
Intangible Assets	0.79	0.66	0.1	0.59	0.73	0.84	0.83	-0.33	0.3	0.64	0.93	0.66	0.6	0.85	-0.34	0.8	0.73	0.44	0.68	0.44	0.61	0.57	0.56	0.83		0.51
Long Term Debt	0.75	0.91	0.57	0.04	0.84	0.82	0.07	-0.46	-0.11	0.9	0.64	0.9	0.44	0.77	-0.56	0.71	0.77	0.16	0.26	-0.2	0.99	0.92	0.13	0.68	0.51

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ZTE Corp Account Relationship Matchups

ZTE Corp fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	141.2B	150.6B	168.8B	181.0B	201.5B	211.5B
Short Long Term Debt Total	37.9B	36.0B	40.4B	46.5B	67.8B	71.2B
Other Current Liab	2.3B	2.3B	2.9B	20.4B	25.0B	26.2B
Total Current Liabilities	86.4B	74.4B	78.7B	78.4B	83.0B	44.0B
Total Stockholder Equity	35.1B	43.3B	51.5B	58.6B	68.0B	71.4B
Property Plant And Equipment Net	11.6B	14.0B	13.6B	15.0B	16.6B	17.4B
Current Deferred Revenue	29.1B	30.9B	32.5B	17.7B	14.9B	9.8B
Net Debt	4.6B	336.5M	(10.3B)	(9.8B)	(10.8B)	(10.2B)
Accounts Payable	27.7B	28.5B	33.3B	29.7B	18.9B	18.0B
Cash	33.3B	35.7B	50.7B	56.3B	78.5B	82.5B
Non Current Assets Total	38.6B	43.7B	40.9B	43.1B	42.9B	45.1B
Cash And Short Term Investments	33.9B	36.7B	52.1B	56.9B	78.7B	82.6B
Net Receivables	33.3B	28.3B	31.5B	28.1B	38.2B	40.1B
Liabilities And Stockholders Equity	141.2B	150.6B	168.8B	181.0B	201.5B	211.5B
Inventory	27.7B	33.7B	36.3B	45.2B	41.1B	43.2B
Other Current Assets	7.7B	8.3B	8.0B	7.7B	460.0M	437.0M
Total Liab	103.2B	104.5B	115.5B	121.4B	133.1B	139.8B
Total Current Assets	102.6B	107.0B	127.9B	137.9B	158.5B	166.4B
Short Term Debt	27.3B	12.7B	9.9B	10.6B	24.2B	25.4B
Common Stock	4.2B	4.6B	4.7B	4.7B	4.8B	2.4B
Other Assets	19.7B	21.8B	20.8B	22.3B	1.0	0.95
Non Current Liabilities Total	16.9B	30.1B	36.8B	43.0B	50.1B	52.6B
Retained Earnings	11.7B	14.8B	20.7B	27.3B	34.7B	36.5B
Non Currrent Assets Other	11.4B	12.4B	12.0B	12.2B	3.1B	5.3B
Other Stockholder Equity	18.0B	22.6B	24.3B	24.4B	26.4B	27.7B
Intangible Assets	9.6B	11.4B	10.5B	9.9B	9.0B	9.4B
Long Term Debt	10.0B	22.6B	29.9B	35.1B	42.6B	44.7B
Short Term Investments	560.7M	1.0B	1.4B	513.8M	153.3M	160.9M
Property Plant Equipment	11.6B	14.0B	13.6B	15.0B	17.2B	18.1B
Other Liab	6.0B	6.4B	6.1B	6.9B	7.9B	8.3B
Accumulated Other Comprehensive Income	1.1B	1.3B	1.8B	2.2B	2.1B	1.3B
Net Tangible Assets	31.6B	38.7B	47.8B	55.6B	63.9B	42.1B
Deferred Long Term Liab	6.3B	7.0B	6.9B	6.8B	7.9B	6.1B
Short Long Term Debt	26.6B	10.6B	8.9B	10.0B	12.6B	11.4B
Non Current Liabilities Other	3.2B	4.3B	4.2B	4.5B	3.5B	3.3B
Common Stock Shares Outstanding	4.2B	4.6B	4.7B	4.7B	4.8B	4.9B
Net Invested Capital	65.5B	76.5B	90.3B	103.7B	123.2B	87.6B
Net Working Capital	16.2B	32.6B	49.2B	59.5B	75.5B	40.4B

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Other Information on Investing in ZTE Stock

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

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ZTE Cash vs Retained Earnings Analysis

Cash vs Retained Earnings

Cash vs Retained Earnings Correlation Analysis

Correlation Coefficient

Cash

Retained Earnings

ZTE Corp fundamental ratios Correlations

ZTE Corp Account Relationship Matchups

High Positive Relationship

High Negative Relationship

ZTE Corp fundamental ratios Accounts

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Other Information on Investing in ZTE Stock

COMMON DESTINATIONS

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Cash And Short Term Investments	+ 1.0	Cash
Total Liab	+ 0.99	Total Assets
Total Current Assets	+ 0.99	Total Assets
Long Term Debt	+ 0.99	Non Current Liabilities Total
Property Plant And Equipment Net	+ 0.98	Total Assets
Retained Earnings	+ 0.98	Cash

Other Stockholder Equity	- 0.7	Net Debt
Net Debt	- 0.7	Total Stockholder Equity
Cash	- 0.67	Net Debt
Cash And Short Term Investments	- 0.66	Net Debt
Retained Earnings	- 0.65	Net Debt
Inventory	- 0.63	Net Debt