Zhejiang Total Liab vs Total Stockholder Equity Analysis

002126 Stock

18.43 0.38 2.02%

Zhejiang Yinlun financial indicator trend analysis is more than just analyzing Zhejiang Yinlun Machinery current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Zhejiang Yinlun Machinery is a good investment. Please check the relationship between Zhejiang Yinlun Total Liab and its Total Stockholder Equity accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Zhejiang Yinlun Machinery. 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.

Total Liab vs Total Stockholder Equity

Total Liab vs Total Stockholder Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Zhejiang Yinlun Machinery Total Liab account and Total Stockholder Equity. At this time, the significance of the direction appears to have almost identical trend.

The correlation between Zhejiang Yinlun's Total Liab and Total Stockholder Equity is 0.95. Overlapping area represents the amount of variation of Total Liab that can explain the historical movement of Total Stockholder Equity in the same time period over historical financial statements of Zhejiang Yinlun Machinery, assuming nothing else is changed. The correlation between historical values of Zhejiang Yinlun's Total Liab and Total Stockholder Equity 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 Liab of Zhejiang Yinlun Machinery are associated (or correlated) with its Total Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Stockholder Equity has no effect on the direction of Total Liab i.e., Zhejiang Yinlun's Total Liab and Total Stockholder Equity go up and down completely randomly.

Correlation Coefficient

0.95

Relationship Direction	Positive
Relationship Strength	Very Strong

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Total Liab

The total amount of all liabilities that a company has, including both short-term and long-term liabilities.

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.

Most indicators from Zhejiang Yinlun's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Zhejiang Yinlun Machinery 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 Zhejiang Yinlun Machinery. 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 92.3 M, whereas Selling General Administrative is forecasted to decline to about 317.6 M.

	2021	2022	2023	2024 (projected)
Operating Income	482.7M	561.2M	1.0B	1.1B
Total Revenue	7.8B	8.5B	11.0B	11.6B

Operating Income Total Revenue

Zhejiang Yinlun fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Long Term Debt	Cash And Short Term Investments	Net Receivables	Short Term Investments	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Short Term Debt	Common Stock
Total Assets		0.99	0.58	0.99	0.98	0.98	1.0	0.72	0.96	0.99	0.99	0.89	0.99	0.8	0.72	0.94	1.0	0.62	0.83	0.99	0.14	0.54	0.99	1.0	0.97	0.66
Short Long Term Debt Total	0.99		0.6	0.99	0.94	0.96	0.98	0.68	0.94	0.97	0.99	0.93	0.97	0.79	0.77	0.96	0.98	0.59	0.87	0.99	0.05	0.44	1.0	0.99	0.96	0.56
Other Current Liab	0.58	0.6		0.58	0.54	0.52	0.59	-0.12	0.71	0.56	0.58	0.41	0.59	0.52	0.46	0.48	0.56	0.4	0.52	0.64	0.1	0.33	0.59	0.57	0.57	0.38
Total Current Liabilities	0.99	0.99	0.58		0.96	0.97	0.98	0.71	0.94	0.98	1.0	0.91	0.98	0.81	0.7	0.96	1.0	0.62	0.82	0.99	0.08	0.47	1.0	1.0	0.98	0.6
Total Stockholder Equity	0.98	0.94	0.54	0.96		0.96	0.97	0.73	0.94	0.99	0.95	0.81	0.99	0.77	0.65	0.87	0.97	0.59	0.76	0.96	0.27	0.67	0.95	0.97	0.94	0.77
Other Liab	0.98	0.96	0.52	0.97	0.96		0.97	0.74	0.93	0.98	0.98	0.87	0.97	0.86	0.71	0.95	0.98	0.72	0.82	0.97	0.03	0.5	0.97	0.98	0.94	0.66
Property Plant And Equipment Net	1.0	0.98	0.59	0.98	0.97	0.97		0.71	0.96	0.99	0.99	0.89	0.99	0.78	0.77	0.93	0.99	0.59	0.87	0.99	0.13	0.52	0.99	0.99	0.94	0.65
Current Deferred Revenue	0.72	0.68	-0.12	0.71	0.73	0.74	0.71		0.56	0.74	0.72	0.72	0.71	0.5	0.53	0.72	0.74	0.38	0.6	0.67	0.07	0.35	0.71	0.73	0.66	0.49
Net Debt	0.96	0.94	0.71	0.94	0.94	0.93	0.96	0.56		0.95	0.95	0.76	0.96	0.86	0.74	0.86	0.94	0.7	0.83	0.96	0.19	0.54	0.95	0.95	0.91	0.7
Retained Earnings	0.99	0.97	0.56	0.98	0.99	0.98	0.99	0.74	0.95		0.98	0.86	0.99	0.8	0.68	0.92	0.99	0.63	0.8	0.98	0.14	0.56	0.98	0.99	0.96	0.71
Accounts Payable	0.99	0.99	0.58	1.0	0.95	0.98	0.99	0.72	0.95	0.98		0.91	0.98	0.82	0.74	0.96	1.0	0.63	0.85	0.99	0.05	0.45	1.0	1.0	0.96	0.6
Cash	0.89	0.93	0.41	0.91	0.81	0.87	0.89	0.72	0.76	0.86	0.91		0.85	0.62	0.7	0.95	0.9	0.41	0.81	0.9	-0.1	0.28	0.92	0.91	0.9	0.32
Non Current Assets Total	0.99	0.97	0.59	0.98	0.99	0.97	0.99	0.71	0.96	0.99	0.98	0.85		0.79	0.73	0.9	0.98	0.6	0.83	0.98	0.19	0.58	0.98	0.98	0.94	0.72
Non Currrent Assets Other	0.8	0.79	0.52	0.81	0.77	0.86	0.78	0.5	0.86	0.8	0.82	0.62	0.79		0.6	0.83	0.81	0.95	0.68	0.81	-0.12	0.37	0.81	0.81	0.77	0.58
Long Term Debt	0.72	0.77	0.46	0.7	0.65	0.71	0.77	0.53	0.74	0.68	0.74	0.7	0.73	0.6		0.72	0.71	0.44	0.98	0.76	-0.15	0.17	0.75	0.71	0.57	0.35
Cash And Short Term Investments	0.94	0.96	0.48	0.96	0.87	0.95	0.93	0.72	0.86	0.92	0.96	0.95	0.9	0.83	0.72		0.95	0.66	0.83	0.95	-0.14	0.33	0.96	0.96	0.94	0.45
Net Receivables	1.0	0.98	0.56	1.0	0.97	0.98	0.99	0.74	0.94	0.99	1.0	0.9	0.98	0.81	0.71	0.95		0.62	0.82	0.99	0.09	0.5	0.99	1.0	0.97	0.64
Short Term Investments	0.62	0.59	0.4	0.62	0.59	0.72	0.59	0.38	0.7	0.63	0.63	0.41	0.6	0.95	0.44	0.66	0.62		0.51	0.61	-0.24	0.26	0.62	0.62	0.58	0.53
Non Current Liabilities Total	0.83	0.87	0.52	0.82	0.76	0.82	0.87	0.6	0.83	0.8	0.85	0.81	0.83	0.68	0.98	0.83	0.82	0.51		0.86	-0.12	0.25	0.86	0.83	0.71	0.41
Inventory	0.99	0.99	0.64	0.99	0.96	0.97	0.99	0.67	0.96	0.98	0.99	0.9	0.98	0.81	0.76	0.95	0.99	0.61	0.86		0.09	0.49	1.0	0.99	0.96	0.61
Other Current Assets	0.14	0.05	0.1	0.08	0.27	0.03	0.13	0.07	0.19	0.14	0.05	-0.1	0.19	-0.12	-0.15	-0.14	0.09	-0.24	-0.12	0.09		0.7	0.05	0.1	0.14	0.48
Other Stockholder Equity	0.54	0.44	0.33	0.47	0.67	0.5	0.52	0.35	0.54	0.56	0.45	0.28	0.58	0.37	0.17	0.33	0.5	0.26	0.25	0.49	0.7		0.45	0.51	0.51	0.8
Total Liab	0.99	1.0	0.59	1.0	0.95	0.97	0.99	0.71	0.95	0.98	1.0	0.92	0.98	0.81	0.75	0.96	0.99	0.62	0.86	1.0	0.05	0.45		1.0	0.96	0.59
Total Current Assets	1.0	0.99	0.57	1.0	0.97	0.98	0.99	0.73	0.95	0.99	1.0	0.91	0.98	0.81	0.71	0.96	1.0	0.62	0.83	0.99	0.1	0.51	1.0		0.97	0.62
Short Term Debt	0.97	0.96	0.57	0.98	0.94	0.94	0.94	0.66	0.91	0.96	0.96	0.9	0.94	0.77	0.57	0.94	0.97	0.58	0.71	0.96	0.14	0.51	0.96	0.97		0.58
Common Stock	0.66	0.56	0.38	0.6	0.77	0.66	0.65	0.49	0.7	0.71	0.6	0.32	0.72	0.58	0.35	0.45	0.64	0.53	0.41	0.61	0.48	0.8	0.59	0.62	0.58

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Zhejiang Yinlun Account Relationship Matchups

Zhejiang Yinlun fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	8.4B	9.9B	12.0B	13.5B	16.2B	17.0B
Short Long Term Debt Total	1.4B	1.6B	2.4B	2.8B	3.4B	3.6B
Other Current Liab	34.0M	2.6M	41.8M	562.7M	154.5M	162.2M
Total Current Liabilities	4.0B	5.1B	6.0B	7.1B	8.7B	9.2B
Total Stockholder Equity	3.7B	3.9B	4.4B	4.7B	5.5B	5.7B
Other Liab	101.0M	171.1M	175.4M	219.4M	252.4M	265.0M
Property Plant And Equipment Net	2.2B	2.4B	3.1B	3.6B	4.3B	4.5B
Current Deferred Revenue	287.5M	477.6M	409.5M	34.0M	516.9M	542.7M
Net Debt	781.8M	811.5M	1.5B	1.8B	1.5B	1.6B
Retained Earnings	1.8B	2.0B	2.2B	2.5B	3.0B	3.1B
Accounts Payable	2.5B	3.2B	4.0B	4.7B	5.7B	6.0B
Cash	604.6M	797.9M	934.1M	972.2M	1.9B	2.0B
Non Current Assets Total	3.6B	3.9B	4.8B	5.5B	6.2B	6.6B
Non Currrent Assets Other	535.4M	440.6M	1.0B	808.4M	508.9M	534.4M
Long Term Debt	212.2M	202.4M	828.0M	822.6M	926.4M	972.7M
Cash And Short Term Investments	1.0B	1.1B	1.7B	1.5B	2.1B	2.2B
Net Receivables	2.8B	3.7B	4.0B	4.6B	5.6B	5.9B
Short Term Investments	418.9M	327.7M	734.0M	529.4M	209.4M	153.2M
Liabilities And Stockholders Equity	8.4B	9.9B	12.0B	13.5B	16.2B	17.0B
Non Current Liabilities Total	382.6M	377.8M	1.1B	1.1B	1.3B	1.4B
Inventory	966.1M	1.0B	1.5B	1.9B	2.1B	2.2B
Other Current Assets	23.0M	55.7M	89.5M	57.5M	100.0M	91.8M
Other Stockholder Equity	916.1M	913.0M	966.5M	980.8M	1.1B	681.3M
Total Liab	4.3B	5.5B	7.1B	8.3B	10.1B	10.6B
Total Current Assets	4.8B	6.0B	7.2B	8.0B	9.9B	10.4B
Short Term Debt	1.2B	1.4B	1.6B	1.8B	2.4B	2.5B
Property Plant Equipment	2.2B	2.4B	3.1B	3.6B	4.2B	4.4B
Intangible Assets	455.6M	485.4M	471.4M	767.2M	766.3M	804.6M
Good Will	226.1M	194.7M	165.9M	176.8M	179.0M	120.3M
Net Tangible Assets	3.0B	3.3B	3.8B	3.7B	4.3B	3.2B
Deferred Long Term Liab	19.5M	21.4M	26.4M	25.0M	28.7M	16.8M
Short Long Term Debt	1.2B	1.4B	1.5B	1.6B	2.1B	1.3B
Non Current Liabilities Other	211.5M	15.5M	35.8M	55.9M	80.9M	141.3M
Net Invested Capital	5.1B	5.5B	6.7B	7.1B	8.5B	6.6B
Net Working Capital	838.3M	848.0M	1.2B	859.3M	1.2B	1.0B

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

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Zhejiang Total Liab vs Total Stockholder Equity Analysis

Total Liab vs Total Stockholder Equity

Total Liab vs Total Stockholder Equity Correlation Analysis

Correlation Coefficient

Total Liab

Total Stockholder Equity

Zhejiang Yinlun fundamental ratios Correlations

Zhejiang Yinlun Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Zhejiang Yinlun fundamental ratios Accounts

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Other Information on Investing in Zhejiang Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Property Plant And Equipment Net	+ 1.0	Total Assets
Net Receivables	+ 1.0	Total Assets
Total Current Assets	+ 1.0	Total Assets
Total Liab	+ 1.0	Short Long Term Debt Total
Accounts Payable	+ 1.0	Total Current Liabilities
Net Receivables	+ 1.0	Total Current Liabilities

Other Current Assets	- 0.24	Short Term Investments
Other Current Assets	- 0.15	Long Term Debt
Other Current Assets	- 0.14	Cash And Short Term Investments
Other Current Assets	- 0.12	Non Current Liabilities Total
Other Current Assets	- 0.12	Non Currrent Assets Other
Current Deferred Revenue	- 0.12	Other Current Liab