Zhengzhou Total Current Assets vs Depreciation And Amortization Analysis

001215 Stock

36.20 0.43 1.20%

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

Total Current Assets vs Depreciation And Amortization

Total Current Assets vs Depreciation And Amortization Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Zhengzhou Qianweiyangchu Total Current Assets account and Depreciation And Amortization. At this time, the significance of the direction appears to have almost identical trend.

The correlation between Zhengzhou Qianweiyangchu's Total Current Assets and Depreciation And Amortization is 0.96. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Depreciation And Amortization in the same time period over historical financial statements of Zhengzhou Qianweiyangchu Food, assuming nothing else is changed. The correlation between historical values of Zhengzhou Qianweiyangchu's Total Current Assets and Depreciation And Amortization is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Current Assets of Zhengzhou Qianweiyangchu Food are associated (or correlated) with its Depreciation And Amortization. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Depreciation And Amortization has no effect on the direction of Total Current Assets i.e., Zhengzhou Qianweiyangchu's Total Current Assets and Depreciation And Amortization go up and down completely randomly.

Correlation Coefficient

0.96

Relationship Direction	Positive
Relationship Strength	Very Strong

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Total Current Assets

The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.

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.

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

The current year's Selling General Administrative is expected to grow to about 231.7 M, whereas Tax Provision is forecasted to decline to about 31.4 M.

	2021	2022	2023	2024 (projected)
Gross Profit	284.8M	348.5M	450.5M	284.2M
Total Revenue	1.3B	1.5B	1.9B	1.2B

Gross Profit Total Revenue

Zhengzhou Qianweiyangchu fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Intangible Assets	Common Stock	Common Stock Shares Outstanding	Short Long Term Debt Total	Other Liab	Net Tangible Assets	Other Assets	Net Receivables
Total Assets		0.26	0.94	0.99	0.98	0.24	1.0	0.99	0.44	0.99	0.4	0.61	0.92	1.0	0.19	0.96	0.96	0.94	0.71	0.95	0.95	0.86	-0.89	0.96	0.92	0.9
Other Current Liab	0.26		0.46	0.2	0.34	0.52	0.22	0.22	-0.2	0.31	0.61	-0.3	0.21	0.24	0.33	0.17	0.37	0.12	-0.3	0.08	0.07	-0.16	-0.24	0.15	0.08	-0.16
Total Current Liabilities	0.94	0.46		0.88	0.98	0.51	0.93	0.94	0.15	0.97	0.36	0.31	0.89	0.94	0.28	0.82	0.98	0.78	0.61	0.8	0.85	0.75	-0.85	0.82	0.75	0.76
Total Stockholder Equity	0.99	0.2	0.88		0.95	0.11	0.99	0.96	0.55	0.96	0.39	0.7	0.86	0.99	0.1	0.99	0.9	0.97	0.71	0.98	0.95	0.86	-0.9	0.99	0.96	0.92
Property Plant And Equipment Net	0.98	0.34	0.98	0.95		0.4	0.98	0.98	0.27	1.0	0.34	0.46	0.93	0.98	0.27	0.9	0.98	0.86	0.71	0.89	0.91	0.81	-0.88	0.9	0.84	0.86
Net Debt	0.24	0.52	0.51	0.11	0.4		0.25	0.33	-0.72	0.37	0.05	-0.56	0.42	0.24	0.44	-0.01	0.48	-0.1	0.16	-0.04	0.1	0.1	-0.23	-0.01	-0.14	0.05
Retained Earnings	1.0	0.22	0.93	0.99	0.98	0.25		0.99	0.42	0.99	0.35	0.62	0.91	1.0	0.16	0.96	0.95	0.93	0.75	0.96	0.95	0.86	-0.9	0.96	0.91	0.92
Accounts Payable	0.99	0.22	0.94	0.96	0.98	0.33	0.99		0.35	0.99	0.35	0.56	0.94	0.99	0.16	0.92	0.97	0.89	0.76	0.92	0.95	0.88	-0.88	0.92	0.87	0.91
Cash	0.44	-0.2	0.15	0.55	0.27	-0.72	0.42	0.35		0.3	0.44	0.9	0.22	0.42	-0.33	0.63	0.18	0.72	0.18	0.63	0.55	0.48	-0.4	0.63	0.7	0.47
Non Current Assets Total	0.99	0.31	0.97	0.96	1.0	0.37	0.99	0.99	0.3		0.35	0.5	0.94	0.99	0.25	0.91	0.98	0.87	0.72	0.91	0.92	0.83	-0.88	0.91	0.86	0.88
Non Currrent Assets Other	0.4	0.61	0.36	0.39	0.34	0.05	0.35	0.35	0.44	0.35		0.26	0.37	0.34	0.19	0.41	0.38	0.47	-0.25	0.32	0.4	0.2	-0.31	0.38	0.37	0.06
Cash And Short Term Investments	0.61	-0.3	0.31	0.7	0.46	-0.56	0.62	0.56	0.9	0.5	0.26		0.44	0.61	-0.27	0.78	0.37	0.81	0.56	0.8	0.69	0.61	-0.48	0.77	0.85	0.73
Non Current Liabilities Total	0.92	0.21	0.89	0.86	0.93	0.42	0.91	0.94	0.22	0.94	0.37	0.44		0.9	0.43	0.81	0.96	0.78	0.72	0.81	0.89	0.82	-0.72	0.8	0.77	0.83
Inventory	1.0	0.24	0.94	0.99	0.98	0.24	1.0	0.99	0.42	0.99	0.34	0.61	0.9		0.14	0.96	0.95	0.93	0.74	0.96	0.95	0.85	-0.9	0.96	0.92	0.91
Other Current Assets	0.19	0.33	0.28	0.1	0.27	0.44	0.16	0.16	-0.33	0.25	0.19	-0.27	0.43	0.14		0.05	0.35	0.02	0.01	0.03	0.05	0.05	-0.09	0.04	0.01	0.03
Other Stockholder Equity	0.96	0.17	0.82	0.99	0.9	-0.01	0.96	0.92	0.63	0.91	0.41	0.78	0.81	0.96	0.05		0.84	0.98	0.69	0.99	0.93	0.81	-0.86	1.0	0.98	0.9
Total Liab	0.96	0.37	0.98	0.9	0.98	0.48	0.95	0.97	0.18	0.98	0.38	0.37	0.96	0.95	0.35	0.84		0.8	0.67	0.83	0.89	0.8	-0.82	0.83	0.78	0.81
Total Current Assets	0.94	0.12	0.78	0.97	0.86	-0.1	0.93	0.89	0.72	0.87	0.47	0.81	0.78	0.93	0.02	0.98	0.8		0.61	0.98	0.94	0.84	-0.85	0.98	0.98	0.88
Intangible Assets	0.71	-0.3	0.61	0.71	0.71	0.16	0.75	0.76	0.18	0.72	-0.25	0.56	0.72	0.74	0.01	0.69	0.67	0.61		0.75	0.71	0.72	-0.55	0.69	0.69	0.91
Common Stock	0.95	0.08	0.8	0.98	0.89	-0.04	0.96	0.92	0.63	0.91	0.32	0.8	0.81	0.96	0.03	0.99	0.83	0.98	0.75		0.93	0.84	-0.85	0.99	0.99	0.94
Common Stock Shares Outstanding	0.95	0.07	0.85	0.95	0.91	0.1	0.95	0.95	0.55	0.92	0.4	0.69	0.89	0.95	0.05	0.93	0.89	0.94	0.71	0.93		0.94	-0.83	0.92	0.91	0.91
Short Long Term Debt Total	0.86	-0.16	0.75	0.86	0.81	0.1	0.86	0.88	0.48	0.83	0.2	0.61	0.82	0.85	0.05	0.81	0.8	0.84	0.72	0.84	0.94		-0.83	0.82	0.78	0.9
Other Liab	-0.89	-0.24	-0.85	-0.9	-0.88	-0.23	-0.9	-0.88	-0.4	-0.88	-0.31	-0.48	-0.72	-0.9	-0.09	-0.86	-0.82	-0.85	-0.55	-0.85	-0.83	-0.83		-0.88	-0.77	-0.8
Net Tangible Assets	0.96	0.15	0.82	0.99	0.9	-0.01	0.96	0.92	0.63	0.91	0.38	0.77	0.8	0.96	0.04	1.0	0.83	0.98	0.69	0.99	0.92	0.82	-0.88		0.98	0.91
Other Assets	0.92	0.08	0.75	0.96	0.84	-0.14	0.91	0.87	0.7	0.86	0.37	0.85	0.77	0.92	0.01	0.98	0.78	0.98	0.69	0.99	0.91	0.78	-0.77	0.98		0.9
Net Receivables	0.9	-0.16	0.76	0.92	0.86	0.05	0.92	0.91	0.47	0.88	0.06	0.73	0.83	0.91	0.03	0.9	0.81	0.88	0.91	0.94	0.91	0.9	-0.8	0.91	0.9

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Zhengzhou Qianweiyangchu Account Relationship Matchups

Zhengzhou Qianweiyangchu fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	838.2M	955.6M	1.3B	1.6B	1.8B	1.2B
Other Current Liab	172.6M	143.8M	157.3M	132.2M	1.2M	1.1M
Total Current Liabilities	330.5M	304.5M	326.4M	350.2M	375.8M	315.9M
Total Stockholder Equity	405.8M	582.4M	953.7M	1.1B	1.2B	758.2M
Property Plant And Equipment Net	494.1M	543.7M	651.5M	745.6M	963.3M	583.8M
Net Debt	(49.0M)	(43.7M)	(264.4M)	(200.9M)	(180.8M)	(189.8M)
Retained Earnings	182.6M	254.7M	336.2M	417.1M	526.2M	298.2M
Accounts Payable	127.9M	141.8M	143.7M	191.3M	221.9M	156.7M
Cash	79.0M	117.4M	332.1M	381.1M	282.2M	248.2M
Non Current Assets Total	574.9M	622.5M	747.5M	917.4M	1.2B	703.9M
Non Currrent Assets Other	39.6M	36.0M	52.5M	119.9M	13.8M	13.1M
Cash And Short Term Investments	79.0M	117.4M	332.1M	381.1M	438.3M	237.8M
Liabilities And Stockholders Equity	838.2M	955.6M	1.3B	1.6B	1.8B	1.1B
Non Current Liabilities Total	102.0M	68.7M	61.3M	175.9M	217.5M	114.2M
Inventory	99.1M	116.2M	162.1M	182.4M	228.5M	139.2M
Other Current Assets	29.3M	29.5M	23.8M	24.2M	23.2M	24.7M
Other Stockholder Equity	165.9M	263.9M	530.9M	557.2M	640.7M	335.5M
Total Liab	432.5M	373.2M	387.7M	526.1M	593.3M	430.0M
Total Current Assets	263.4M	333.1M	593.4M	669.6M	651.0M	484.3M
Intangible Assets	39.4M	39.2M	38.3M	37.6M	75.1M	47.1M
Common Stock Shares Outstanding	63.9M	61.8M	70.8M	86.4M	86.6M	78.3M

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Other Information on Investing in Zhengzhou Stock

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

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Zhengzhou Total Current Assets vs Depreciation And Amortization Analysis

Total Current Assets vs Depreciation And Amortization

Total Current Assets vs Depreciation And Amortization Correlation Analysis

Correlation Coefficient

Total Current Assets

Depreciation And Amortization

Zhengzhou Qianweiyangchu fundamental ratios Correlations

Zhengzhou Qianweiyangchu Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Zhengzhou Qianweiyangchu fundamental ratios Accounts

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Other Information on Investing in Zhengzhou Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Retained Earnings	+ 1.0	Total Assets
Inventory	+ 1.0	Total Assets
Non Current Assets Total	+ 1.0	Property Plant And Equipment Net
Inventory	+ 1.0	Retained Earnings
Net Tangible Assets	+ 1.0	Other Stockholder Equity
Total Stockholder Equity	+ 0.99	Total Assets

Other Liab	- 0.9	Inventory
Other Liab	- 0.9	Retained Earnings
Other Liab	- 0.9	Total Stockholder Equity
Other Liab	- 0.89	Total Assets
Net Tangible Assets	- 0.88	Other Liab
Other Liab	- 0.88	Non Current Assets Total