Zoje Short Term Investments vs Long Term Debt Analysis

002021 Stock   2.56  0.11  4.49%   
Zoje Resources financial indicator trend analysis is more than just analyzing Zoje Resources Investment current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Zoje Resources Investment is a good investment. Please check the relationship between Zoje Resources Short Term Investments and its Long Term Debt accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Zoje Resources Investment. 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.

Short Term Investments vs Long Term Debt

Short Term Investments vs Long Term Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Zoje Resources Investment Short Term Investments account and Long Term Debt. At this time, the significance of the direction appears to have pay attention.
The correlation between Zoje Resources' Short Term Investments and Long Term Debt is -0.72. Overlapping area represents the amount of variation of Short Term Investments that can explain the historical movement of Long Term Debt in the same time period over historical financial statements of Zoje Resources Investment, assuming nothing else is changed. The correlation between historical values of Zoje Resources' Short Term Investments 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 Short Term Investments of Zoje Resources Investment 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 Short Term Investments i.e., Zoje Resources' Short Term Investments and Long Term Debt go up and down completely randomly.

Correlation Coefficient

-0.72
Relationship DirectionNegative 
Relationship StrengthWeak

Short Term Investments

Short Term Investments is an item under the current assets section of Zoje Resources balance sheet. It contains any investments Zoje Resources Investment undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that Zoje Resources Investment can easily liquidate in the marketplace.

Long Term Debt

Long-term debt is a debt that Zoje Resources Investment has held for over one year. Long-term debt appears on Zoje Resources Investment 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 Zoje Resources Investment 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 Zoje Resources' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Zoje Resources Investment 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 Zoje Resources Investment. 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 Tax Provision is expected to grow to about 12.8 M, whereas Selling General Administrative is forecasted to decline to about 32.9 M.
 2022 2023 2024 2025 (projected)
Gross Profit138.2M122.6M141.0M136.7M
Research Development27.4M28.3M32.6M28.7M

Zoje Resources fundamental ratios Correlations

0.890.970.690.510.40.90.540.720.740.70.880.890.770.230.87-0.38-0.170.560.230.490.48-0.43-0.010.36-0.24
0.890.910.570.630.160.940.20.670.530.540.850.820.74-0.040.79-0.45-0.360.770.350.660.66-0.62-0.280.42-0.29
0.970.910.570.480.490.860.430.630.660.720.90.930.70.110.86-0.32-0.090.650.130.530.52-0.480.020.3-0.29
0.690.570.570.72-0.110.690.530.680.680.20.430.290.660.250.63-0.5-0.50.280.570.40.33-0.24-0.120.52-0.24
0.510.630.480.72-0.320.680.230.760.5-0.010.270.210.56-0.370.63-0.83-0.820.750.860.80.74-0.64-0.440.84-0.27
0.40.160.49-0.11-0.320.10.39-0.050.230.790.460.6-0.030.360.290.30.560.02-0.55-0.14-0.120.10.51-0.360.0
0.90.940.860.690.680.10.370.790.580.480.750.750.790.070.83-0.48-0.460.680.470.650.67-0.61-0.30.48-0.32
0.540.20.430.530.230.390.370.540.710.50.230.390.50.560.58-0.27-0.18-0.040.240.120.090.00.060.290.13
0.720.670.630.680.76-0.050.790.540.60.330.460.510.74-0.030.8-0.72-0.570.60.640.710.72-0.69-0.250.68-0.39
0.740.530.660.680.50.230.580.710.60.430.560.560.540.260.63-0.56-0.330.280.460.210.13-0.020.050.60.21
0.70.540.720.2-0.010.790.480.50.330.430.640.80.350.380.630.00.220.23-0.250.160.15-0.220.08-0.08-0.09
0.880.850.90.430.270.460.750.230.460.560.640.90.590.210.58-0.20.070.48-0.010.280.31-0.260.210.17-0.17
0.890.820.930.290.210.60.750.390.510.560.80.90.60.170.75-0.170.10.54-0.070.370.41-0.390.080.15-0.16
0.770.740.70.660.56-0.030.790.50.740.540.350.590.60.20.73-0.49-0.360.430.40.610.61-0.54-0.230.48-0.24
0.23-0.040.110.25-0.370.360.070.56-0.030.260.380.210.170.20.00.30.21-0.59-0.23-0.5-0.50.480.29-0.320.26
0.870.790.860.630.630.290.830.580.80.630.630.580.750.730.0-0.45-0.320.670.340.70.68-0.65-0.280.44-0.36
-0.38-0.45-0.32-0.5-0.830.3-0.48-0.27-0.72-0.560.0-0.2-0.17-0.490.3-0.450.79-0.6-0.86-0.68-0.590.520.33-0.97-0.06
-0.17-0.36-0.09-0.5-0.820.56-0.46-0.18-0.57-0.330.220.070.1-0.360.21-0.320.79-0.48-0.97-0.58-0.520.450.7-0.79-0.06
0.560.770.650.280.750.020.68-0.040.60.280.230.480.540.43-0.590.67-0.6-0.480.470.870.87-0.82-0.380.56-0.38
0.230.350.130.570.86-0.550.470.240.640.46-0.25-0.01-0.070.4-0.230.34-0.86-0.970.470.570.5-0.39-0.550.890.07
0.490.660.530.40.8-0.140.650.120.710.210.160.280.370.61-0.50.7-0.68-0.580.870.570.97-0.91-0.480.65-0.4
0.480.660.520.330.74-0.120.670.090.720.130.150.310.410.61-0.50.68-0.59-0.520.870.50.97-0.94-0.460.56-0.49
-0.43-0.62-0.48-0.24-0.640.1-0.610.0-0.69-0.02-0.22-0.26-0.39-0.540.48-0.650.520.45-0.82-0.39-0.91-0.940.48-0.420.62
-0.01-0.280.02-0.12-0.440.51-0.30.06-0.250.050.080.210.08-0.230.29-0.280.330.7-0.38-0.55-0.48-0.460.48-0.34-0.01
0.360.420.30.520.84-0.360.480.290.680.6-0.080.170.150.48-0.320.44-0.97-0.790.560.890.650.56-0.42-0.340.16
-0.24-0.29-0.29-0.24-0.270.0-0.320.13-0.390.21-0.09-0.17-0.16-0.240.26-0.36-0.06-0.06-0.380.07-0.4-0.490.62-0.010.16
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Zoje Resources Account Relationship Matchups

Zoje Resources fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets861.9M1.5B1.4B1.6B1.9B1.8B
Other Current Liab13.4M34.4M11.6M28.2M25.4M24.1M
Total Current Liabilities230.6M811.9M685.7M991.3M1.1B960.7M
Total Stockholder Equity630.4M112.4M(296.9M)618.0M710.7M717.7M
Retained Earnings(553.5M)(1.1B)(1.5B)(928.5M)(835.6M)(793.8M)
Accounts Payable182.3M597.5M473.7M539.5M620.4M321.4M
Cash97.3M132.2M121.7M137.7M124.0M117.8M
Other Assets33.7M30.5M32.6M32.7M37.6M29.6M
Net Receivables125.1M134.5M186.1M173.4M199.4M244.7M
Inventory244.0M475.3M367.7M322.2M370.5M306.6M
Other Current Assets6.2M390.5M350.1M386.4M444.4M265.4M
Total Liab231.5M1.3B1.6B1.0B1.2B1.1B
Intangible Assets35.6M37.1M35.7M35.1M40.4M67.7M
Property Plant Equipment245.2M233.0M210.0M213.2M245.2M364.0M
Net Tangible Assets661.4M672.0M594.8M75.2M67.7M64.3M
Other Stockholder Equity(4.4M)(4.5M)(4.3M)(4.9M)(4.5M)(4.7M)
Deferred Long Term Liab4.0M6.5M7.3M6.3M5.7M5.6M
Total Current Assets553.0M1.2B1.0B1.3B1.5B1.1B
Non Current Assets Total308.9M309.6M308.4M285.7M257.2M319.2M
Non Currrent Assets Other3.5M4.0M8.2M463.0K416.7K395.8K
Non Current Liabilities Total868.1K537.3M961.7M11.0M12.6M12.0M
Net Invested Capital630.4M251.0M(154.6M)977.1M879.4M539.9M
Net Working Capital322.4M344.4M360.6M348.0M400.2M366.9M
Property Plant And Equipment Net210.0M213.2M211.7M210.9M189.8M172.6M
Property Plant And Equipment Gross555.3M577.4M594.1M610.4M702.0M638.7M

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Other Information on Investing in Zoje Stock

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