ZTE Other Current Liab vs Long Term Debt 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 Other Current Liab and its Long Term Debt 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.

Other Current Liab vs Long Term Debt

Other Current Liab vs Long Term Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of ZTE Corp Other Current Liab account and Long Term Debt. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between ZTE Corp's Other Current Liab and Long Term Debt is 0.57. Overlapping area represents the amount of variation of Other Current Liab that can explain the historical movement of Long Term Debt 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 Other Current Liab 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 Other Current Liab of ZTE Corp 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 Other Current Liab i.e., ZTE Corp's Other Current Liab and Long Term Debt go up and down completely randomly.

Correlation Coefficient

0.57
Relationship DirectionPositive 
Relationship StrengthWeak

Other Current Liab

Long Term Debt

Long-term debt is a debt that ZTE Corp has held for over one year. Long-term debt appears on ZTE Corp 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 ZTE Corp 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 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 Income8.5B10.6B11.0B11.5B
Total Revenue114.5B123.0B124.3B73.0B

ZTE Corp fundamental ratios Correlations

0.890.620.60.960.980.46-0.580.40.920.950.920.850.95-0.190.990.990.560.70.160.820.880.350.960.790.75
0.890.620.280.90.920.23-0.410.010.950.80.950.70.84-0.490.870.890.550.41-0.160.930.930.180.790.660.91
0.620.620.180.670.53-0.32-0.590.10.710.390.690.530.53-0.050.580.680.360.19-0.370.570.74-0.260.530.10.57
0.60.280.180.410.520.67-0.180.820.280.660.290.740.50.440.670.570.570.930.620.130.20.560.570.590.04
0.960.90.670.410.950.31-0.70.210.970.880.970.720.95-0.370.910.960.410.560.00.90.960.170.960.730.84
0.980.920.530.520.950.49-0.520.290.920.960.930.770.95-0.320.960.960.50.650.150.890.890.390.930.840.82
0.460.23-0.320.670.310.49-0.10.430.210.670.230.390.51-0.050.50.380.290.660.660.180.090.650.520.830.07
-0.58-0.41-0.59-0.18-0.7-0.52-0.1-0.1-0.67-0.45-0.66-0.28-0.630.23-0.49-0.610.05-0.260.12-0.52-0.650.23-0.7-0.33-0.46
0.40.010.10.820.210.290.43-0.10.040.410.050.630.270.760.460.390.280.780.71-0.050.010.590.370.3-0.11
0.920.950.710.280.970.920.21-0.670.040.81.00.660.89-0.480.870.930.430.41-0.170.930.980.070.880.640.9
0.950.80.390.660.880.960.67-0.450.410.80.810.780.93-0.220.950.910.550.750.360.740.750.530.930.930.64
0.920.950.690.290.970.930.23-0.660.051.00.810.660.9-0.480.870.930.430.42-0.160.940.980.080.880.660.9
0.850.70.530.740.720.770.39-0.280.630.660.780.660.670.180.890.860.780.730.170.50.60.340.760.60.44
0.950.840.530.50.950.950.51-0.630.270.890.930.90.67-0.370.910.930.360.630.20.850.870.340.950.850.77
-0.19-0.49-0.050.44-0.37-0.32-0.050.230.76-0.48-0.22-0.480.18-0.37-0.12-0.180.040.30.45-0.56-0.480.25-0.24-0.34-0.56
0.990.870.580.670.910.960.5-0.490.460.870.950.870.890.91-0.120.980.620.730.220.780.820.430.920.80.71
0.990.890.680.570.960.960.38-0.610.390.930.910.930.860.93-0.180.980.550.660.090.830.90.280.940.730.77
0.560.550.360.570.410.50.290.050.280.430.550.430.780.360.040.620.550.42-0.020.210.340.170.440.440.16
0.70.410.190.930.560.650.66-0.260.780.410.750.420.730.630.30.730.660.420.640.350.370.620.690.680.26
0.16-0.16-0.370.620.00.150.660.120.71-0.170.36-0.160.170.20.450.220.09-0.020.64-0.12-0.210.880.210.44-0.2
0.820.930.570.130.90.890.18-0.52-0.050.930.740.940.50.85-0.560.780.830.210.35-0.120.950.190.760.610.99
0.880.930.740.20.960.890.09-0.650.010.980.750.980.60.87-0.480.820.90.340.37-0.210.950.030.830.570.92
0.350.18-0.260.560.170.390.650.230.590.070.530.080.340.340.250.430.280.170.620.880.190.030.290.560.13
0.960.790.530.570.960.930.52-0.70.370.880.930.880.760.95-0.240.920.940.440.690.210.760.830.290.830.68
0.790.660.10.590.730.840.83-0.330.30.640.930.660.60.85-0.340.80.730.440.680.440.610.570.560.830.51
0.750.910.570.040.840.820.07-0.46-0.110.90.640.90.440.77-0.560.710.770.160.26-0.20.990.920.130.680.51
Click cells to compare fundamentals

ZTE Corp Account Relationship Matchups

ZTE Corp fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets141.2B150.6B168.8B181.0B201.5B211.5B
Short Long Term Debt Total37.9B36.0B40.4B46.5B67.8B71.2B
Other Current Liab2.3B2.3B2.9B20.4B25.0B26.2B
Total Current Liabilities86.4B74.4B78.7B78.4B83.0B44.0B
Total Stockholder Equity35.1B43.3B51.5B58.6B68.0B71.4B
Property Plant And Equipment Net11.6B14.0B13.6B15.0B16.6B17.4B
Current Deferred Revenue29.1B30.9B32.5B17.7B14.9B9.8B
Net Debt4.6B336.5M(10.3B)(9.8B)(10.8B)(10.2B)
Accounts Payable27.7B28.5B33.3B29.7B18.9B18.0B
Cash33.3B35.7B50.7B56.3B78.5B82.5B
Non Current Assets Total38.6B43.7B40.9B43.1B42.9B45.1B
Cash And Short Term Investments33.9B36.7B52.1B56.9B78.7B82.6B
Net Receivables33.3B28.3B31.5B28.1B38.2B40.1B
Liabilities And Stockholders Equity141.2B150.6B168.8B181.0B201.5B211.5B
Inventory27.7B33.7B36.3B45.2B41.1B43.2B
Other Current Assets7.7B8.3B8.0B7.7B460.0M437.0M
Total Liab103.2B104.5B115.5B121.4B133.1B139.8B
Total Current Assets102.6B107.0B127.9B137.9B158.5B166.4B
Short Term Debt27.3B12.7B9.9B10.6B24.2B25.4B
Common Stock4.2B4.6B4.7B4.7B4.8B2.4B
Other Assets19.7B21.8B20.8B22.3B1.00.95
Non Current Liabilities Total16.9B30.1B36.8B43.0B50.1B52.6B
Retained Earnings11.7B14.8B20.7B27.3B34.7B36.5B
Non Currrent Assets Other11.4B12.4B12.0B12.2B3.1B5.3B
Other Stockholder Equity18.0B22.6B24.3B24.4B26.4B27.7B
Intangible Assets9.6B11.4B10.5B9.9B9.0B9.4B
Long Term Debt10.0B22.6B29.9B35.1B42.6B44.7B
Short Term Investments560.7M1.0B1.4B513.8M153.3M160.9M
Property Plant Equipment11.6B14.0B13.6B15.0B17.2B18.1B
Other Liab6.0B6.4B6.1B6.9B7.9B8.3B
Accumulated Other Comprehensive Income1.1B1.3B1.8B2.2B2.1B1.3B
Net Tangible Assets31.6B38.7B47.8B55.6B63.9B42.1B
Deferred Long Term Liab6.3B7.0B6.9B6.8B7.9B6.1B
Short Long Term Debt26.6B10.6B8.9B10.0B12.6B11.4B
Non Current Liabilities Other3.2B4.3B4.2B4.5B3.5B3.3B
Common Stock Shares Outstanding4.2B4.6B4.7B4.7B4.8B4.9B
Net Invested Capital65.5B76.5B90.3B103.7B123.2B87.6B
Net Working Capital16.2B32.6B49.2B59.5B75.5B40.4B

Also Currently Popular

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.

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.