ZJBC Non Current Assets Total vs Cash Analysis

000889 Stock   2.29  0.05  2.23%   
ZJBC Information financial indicator trend analysis is more than just analyzing ZJBC Information Tec current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether ZJBC Information Tec is a good investment. Please check the relationship between ZJBC Information Non Current Assets Total and its Cash accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in ZJBC Information Technology. 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.

Non Current Assets Total vs Cash

Non Current Assets Total vs Cash Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of ZJBC Information Tec Non Current Assets Total account and Cash. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between ZJBC Information's Non Current Assets Total and Cash is 0.52. Overlapping area represents the amount of variation of Non Current Assets Total that can explain the historical movement of Cash in the same time period over historical financial statements of ZJBC Information Technology, assuming nothing else is changed. The correlation between historical values of ZJBC Information's Non Current Assets Total and Cash is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Current Assets Total of ZJBC Information Technology are associated (or correlated) with its Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash has no effect on the direction of Non Current Assets Total i.e., ZJBC Information's Non Current Assets Total and Cash go up and down completely randomly.

Correlation Coefficient

0.52
Relationship DirectionPositive 
Relationship StrengthWeak

Non Current Assets Total

The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.

Cash

Cash refers to the most liquid asset of ZJBC Information Tec, which is listed under current asset account on ZJBC Information Technology balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from ZJBC Information customers. The amounts must be unrestricted with restricted cash listed in a different ZJBC Information 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 indicators from ZJBC Information's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into ZJBC Information Tec 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 ZJBC Information Technology. 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.
The current year's Selling General Administrative is expected to grow to about 103.8 M, whereas Tax Provision is forecasted to decline to about 3.8 M.
 2021 2022 2023 2024 (projected)
Research Development66.4M60.1M50.2M63.9M
Minority Interest48.6K136.3K180.6K313.2K

ZJBC Information fundamental ratios Correlations

0.470.420.960.610.720.280.77-0.160.250.73-0.320.490.530.27-0.03-0.140.270.960.66-0.430.81-0.030.680.70.87
0.470.670.30.40.240.30.650.25-0.020.190.140.070.65-0.03-0.020.16-0.180.340.04-0.150.48-0.220.470.660.58
0.420.670.190.73-0.150.670.78-0.24-0.50.47-0.350.20.91-0.320.34-0.360.280.3-0.180.370.14-0.770.660.890.7
0.960.30.190.490.820.140.63-0.120.370.63-0.260.480.290.29-0.11-0.040.240.950.79-0.550.830.160.550.510.77
0.610.40.730.490.030.770.79-0.39-0.150.6-0.490.280.66-0.060.47-0.280.590.470.020.270.22-0.650.590.80.71
0.720.24-0.150.820.03-0.390.330.370.520.170.260.38-0.030.28-0.60.35-0.310.790.88-0.890.940.630.280.150.54
0.280.30.670.140.77-0.390.63-0.68-0.410.57-0.7-0.010.55-0.20.84-0.550.710.12-0.220.64-0.24-0.850.330.660.39
0.770.650.780.630.790.330.63-0.26-0.250.62-0.350.330.73-0.180.2-0.290.240.690.35-0.040.52-0.440.620.90.9
-0.160.25-0.24-0.12-0.390.37-0.68-0.260.34-0.720.97-0.23-0.28-0.03-0.720.91-0.83-0.160.08-0.550.380.6-0.12-0.28-0.11
0.25-0.02-0.50.37-0.150.52-0.41-0.250.34-0.020.32-0.09-0.310.7-0.350.54-0.130.220.28-0.580.390.6-0.07-0.25-0.05
0.730.190.470.630.60.170.570.62-0.72-0.02-0.810.370.670.340.42-0.690.680.690.230.110.26-0.460.580.660.62
-0.320.14-0.35-0.26-0.490.26-0.7-0.350.970.32-0.81-0.38-0.4-0.09-0.710.89-0.89-0.290.01-0.490.250.62-0.25-0.39-0.23
0.490.070.20.480.280.38-0.010.33-0.23-0.090.37-0.380.230.07-0.07-0.30.240.540.4-0.210.370.060.220.240.35
0.530.650.910.290.66-0.030.550.73-0.28-0.310.67-0.40.230.040.25-0.420.30.43-0.160.240.24-0.670.710.870.71
0.27-0.03-0.320.29-0.060.28-0.2-0.18-0.030.70.34-0.090.070.04-0.060.10.20.210.06-0.290.180.34-0.11-0.18-0.08
-0.03-0.020.34-0.110.47-0.60.840.2-0.72-0.350.42-0.71-0.070.25-0.06-0.580.75-0.15-0.410.78-0.52-0.760.050.29-0.07
-0.140.16-0.36-0.04-0.280.35-0.55-0.290.910.54-0.690.89-0.3-0.420.1-0.58-0.64-0.190.1-0.520.30.61-0.22-0.34-0.15
0.27-0.180.280.240.59-0.310.710.24-0.83-0.130.68-0.890.240.30.20.75-0.640.16-0.120.52-0.31-0.60.210.320.15
0.960.340.30.950.470.790.120.69-0.160.220.69-0.290.540.430.21-0.15-0.190.160.75-0.510.850.080.650.60.83
0.660.04-0.180.790.020.88-0.220.350.080.280.230.010.4-0.160.06-0.410.1-0.120.75-0.730.760.540.140.090.49
-0.43-0.150.37-0.550.27-0.890.64-0.04-0.55-0.580.11-0.49-0.210.24-0.290.78-0.520.52-0.51-0.73-0.78-0.82-0.10.11-0.24
0.810.480.140.830.220.94-0.240.520.380.390.260.250.370.240.18-0.520.3-0.310.850.76-0.780.410.530.410.71
-0.03-0.22-0.770.16-0.650.63-0.85-0.440.60.6-0.460.620.06-0.670.34-0.760.61-0.60.080.54-0.820.41-0.42-0.64-0.28
0.680.470.660.550.590.280.330.62-0.12-0.070.58-0.250.220.71-0.110.05-0.220.210.650.14-0.10.53-0.420.840.75
0.70.660.890.510.80.150.660.9-0.28-0.250.66-0.390.240.87-0.180.29-0.340.320.60.090.110.41-0.640.840.86
0.870.580.70.770.710.540.390.9-0.11-0.050.62-0.230.350.71-0.08-0.07-0.150.150.830.49-0.240.71-0.280.750.86
Click cells to compare fundamentals

ZJBC Information Account Relationship Matchups

ZJBC Information fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets3.9B3.7B1.5B1.3B904.9M859.7M
Other Current Liab527.5M525.5M477.0M475.7M32.2M30.6M
Total Current Liabilities1.5B1.4B1.1B1.0B754.3M963.7M
Total Stockholder Equity2.3B2.3B337.9M261.3M135.7M129.0M
Other Liab9.7M11.3M10.3M4.6M5.3M5.4M
Retained Earnings(101.1M)(80.9M)(2.1B)(2.3B)(2.4B)(2.3B)
Accounts Payable478.4M502.8M467.8M429.6M392.6M322.3M
Cash830.1M725.8M383.7M267.8M137.6M130.7M
Other Assets32.3M39.5M26.9M10.5M9.4M8.9M
Net Receivables956.9M841.9M516.9M439.0M450.1M467.6M
Inventory31.7M29.4M53.6M50.5M38.7M36.8M
Other Current Assets120.0M127.8M55.1M39.7M38.8M69.8M
Total Liab1.6B1.4B1.1B1.0B769.0M1.1B
Intangible Assets68.3M56.1M19.6M10.6M3.1M3.0M
Property Plant Equipment77.3M98.9M88.5M49.0M44.1M41.9M
Net Tangible Assets550.6M485.0M517.3M191.1M172.0M163.4M
Deferred Long Term Liab894.2K2.8M3.4M10.8M12.4M13.0M
Non Current Assets Total2.0B2.0B466.6M419.1M195.9M186.1M
Non Current Liabilities Total77.6M10.3M6.0M10.4M14.7M14.0M
Short Long Term Debt301.7M206.0M152.0M55.9M30.0M28.5M
Total Current Assets1.9B1.8B1.0B879.0M709.1M1.1B
Net Invested Capital2.7B2.5B489.9M322.2M165.8M157.5M
Net Working Capital431.2M400.2M(122.2M)(147.1M)(45.2M)(43.0M)

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 ZJBC Stock

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