Zhejiang Cash vs Long Term Debt Analysis

002236 Stock

16.26 0.20 1.22%

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

Cash vs Long Term Debt

Cash vs Long Term Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Zhejiang Dahua Technology Cash account and Long Term Debt. At this time, the significance of the direction appears to have fragmental relationship.

The correlation between Zhejiang Dahua's Cash and Long Term Debt is 0.56. Overlapping area represents the amount of variation of Cash that can explain the historical movement of Long Term Debt in the same time period over historical financial statements of Zhejiang Dahua Technology, assuming nothing else is changed. The correlation between historical values of Zhejiang Dahua's Cash 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 Cash of Zhejiang Dahua Technology 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 Cash i.e., Zhejiang Dahua's Cash and Long Term Debt go up and down completely randomly.

Correlation Coefficient

0.56

Relationship Direction	Positive
Relationship Strength	Weak

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Cash

Cash refers to the most liquid asset of Zhejiang Dahua Technology, which is listed under current asset account on Zhejiang Dahua Technology balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Zhejiang Dahua customers. The amounts must be unrestricted with restricted cash listed in a different Zhejiang Dahua 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.

Long Term Debt

Long-term debt is a debt that Zhejiang Dahua Technology has held for over one year. Long-term debt appears on Zhejiang Dahua Technology 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 Zhejiang Dahua Technology 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 Zhejiang Dahua's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Zhejiang Dahua Technology 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 Dahua 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 5.9 B. The current year's Tax Provision is expected to grow to about 678.8 M

	2021	2022	2023	2024 (projected)
Operating Income	4.6B	2.2B	3.7B	2.0B
Total Revenue	32.8B	30.6B	32.2B	33.8B

Operating Income Total Revenue

Zhejiang Dahua fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Retained Earnings	Accounts Payable	Cash	Other Assets	Net Receivables	Inventory	Other Current Assets	Total Liab	Intangible Assets	Common Stock	Property Plant Equipment	Short Term Investments	Other Liab	Treasury Stock	Net Tangible Assets	Other Stockholder Equity	Deferred Long Term Liab	Long Term Investments	Total Current Assets	Non Current Assets Total	Non Currrent Assets Other	Long Term Debt
Total Assets		0.39	0.97	0.99	0.99	0.84	0.92	0.94	0.94	0.85	0.99	0.96	0.99	0.75	0.96	-0.11	0.64	0.79	0.91	0.79	0.89	0.84	0.95	0.93	-0.58	0.7
Other Current Liab	0.39		0.58	0.25	0.34	0.76	0.02	0.54	0.53	0.72	0.3	0.6	0.46	0.63	0.21	-0.02	0.56	0.57	0.46	0.55	0.07	0.65	0.46	0.46	-0.68	0.48
Total Current Liabilities	0.97	0.58		0.92	0.94	0.93	0.8	0.96	0.97	0.91	0.95	1.0	0.98	0.84	0.88	-0.08	0.68	0.88	0.9	0.81	0.8	0.9	0.93	0.92	-0.71	0.71
Total Stockholder Equity	0.99	0.25	0.92		0.99	0.75	0.97	0.9	0.9	0.77	0.99	0.9	0.95	0.67	0.98	-0.12	0.58	0.71	0.89	0.74	0.93	0.77	0.92	0.91	-0.47	0.64
Retained Earnings	0.99	0.34	0.94	0.99		0.8	0.94	0.92	0.91	0.82	0.99	0.93	0.97	0.69	0.98	-0.14	0.63	0.74	0.92	0.79	0.91	0.81	0.94	0.94	-0.52	0.69
Accounts Payable	0.84	0.76	0.93	0.75	0.8		0.59	0.89	0.89	0.98	0.79	0.94	0.88	0.89	0.72	-0.08	0.7	0.86	0.89	0.84	0.59	0.93	0.9	0.88	-0.72	0.74
Cash	0.92	0.02	0.8	0.97	0.94	0.59		0.79	0.78	0.62	0.94	0.78	0.86	0.54	0.95	-0.13	0.46	0.59	0.8	0.66	0.93	0.64	0.84	0.82	-0.32	0.56
Other Assets	0.94	0.54	0.96	0.9	0.92	0.89	0.79		0.97	0.83	0.94	0.96	0.96	0.83	0.83	-0.15	0.8	0.86	0.86	0.77	0.75	0.92	0.91	0.87	-0.79	0.66
Net Receivables	0.94	0.53	0.97	0.9	0.91	0.89	0.78	0.97		0.83	0.94	0.97	0.96	0.86	0.83	0.0	0.68	0.91	0.83	0.69	0.78	0.89	0.88	0.84	-0.76	0.6
Inventory	0.85	0.72	0.91	0.77	0.82	0.98	0.62	0.83	0.83		0.79	0.92	0.87	0.82	0.77	-0.11	0.64	0.77	0.93	0.86	0.64	0.89	0.92	0.92	-0.58	0.76
Other Current Assets	0.99	0.3	0.95	0.99	0.99	0.79	0.94	0.94	0.94	0.79		0.93	0.98	0.72	0.96	-0.14	0.64	0.78	0.89	0.73	0.92	0.81	0.93	0.91	-0.58	0.63
Total Liab	0.96	0.6	1.0	0.9	0.93	0.94	0.78	0.96	0.97	0.92	0.93		0.98	0.84	0.87	-0.09	0.7	0.87	0.9	0.83	0.77	0.9	0.93	0.91	-0.72	0.74
Intangible Assets	0.99	0.46	0.98	0.95	0.97	0.88	0.86	0.96	0.96	0.87	0.98	0.98		0.76	0.93	-0.15	0.7	0.81	0.91	0.8	0.84	0.88	0.95	0.94	-0.67	0.72
Common Stock	0.75	0.63	0.84	0.67	0.69	0.89	0.54	0.83	0.86	0.82	0.72	0.84	0.76		0.59	0.11	0.57	0.92	0.74	0.62	0.55	0.87	0.77	0.69	-0.68	0.51
Property Plant Equipment	0.96	0.21	0.88	0.98	0.98	0.72	0.95	0.83	0.83	0.77	0.96	0.87	0.93	0.59		-0.17	0.51	0.63	0.89	0.73	0.95	0.71	0.91	0.92	-0.38	0.64
Short Term Investments	-0.11	-0.02	-0.08	-0.12	-0.14	-0.08	-0.13	-0.15	0.0	-0.11	-0.14	-0.09	-0.15	0.11	-0.17		-0.58	0.26	-0.25	-0.2	-0.13	-0.2	-0.24	-0.28	0.23	-0.17
Other Liab	0.64	0.56	0.68	0.58	0.63	0.7	0.46	0.8	0.68	0.64	0.64	0.7	0.7	0.57	0.51	-0.58		0.5	0.66	0.68	0.37	0.8	0.7	0.67	-0.82	0.62
Treasury Stock	0.79	0.57	0.88	0.71	0.74	0.86	0.59	0.86	0.91	0.77	0.78	0.87	0.81	0.92	0.63	0.26	0.5		0.68	0.6	0.61	0.81	0.73	0.66	-0.73	0.52
Net Tangible Assets	0.91	0.46	0.9	0.89	0.92	0.89	0.8	0.86	0.83	0.93	0.89	0.9	0.91	0.74	0.89	-0.25	0.66	0.68		0.85	0.8	0.89	0.99	0.99	-0.47	0.72
Other Stockholder Equity	0.79	0.55	0.81	0.74	0.79	0.84	0.66	0.77	0.69	0.86	0.73	0.83	0.8	0.62	0.73	-0.2	0.68	0.6	0.85		0.52	0.77	0.86	0.85	-0.48	0.96
Deferred Long Term Liab	0.89	0.07	0.8	0.93	0.91	0.59	0.93	0.75	0.78	0.64	0.92	0.77	0.84	0.55	0.95	-0.13	0.37	0.61	0.8	0.52		0.63	0.82	0.82	-0.31	0.39
Long Term Investments	0.84	0.65	0.9	0.77	0.81	0.93	0.64	0.92	0.89	0.89	0.81	0.9	0.88	0.87	0.71	-0.2	0.8	0.81	0.89	0.77	0.63		0.91	0.87	-0.75	0.63
Total Current Assets	0.95	0.46	0.93	0.92	0.94	0.9	0.84	0.91	0.88	0.92	0.93	0.93	0.95	0.77	0.91	-0.24	0.7	0.73	0.99	0.86	0.82	0.91		0.99	-0.55	0.73
Non Current Assets Total	0.93	0.46	0.92	0.91	0.94	0.88	0.82	0.87	0.84	0.92	0.91	0.91	0.94	0.69	0.92	-0.28	0.67	0.66	0.99	0.85	0.82	0.87	0.99		-0.5	0.74
Non Currrent Assets Other	-0.58	-0.68	-0.71	-0.47	-0.52	-0.72	-0.32	-0.79	-0.76	-0.58	-0.58	-0.72	-0.67	-0.68	-0.38	0.23	-0.82	-0.73	-0.47	-0.48	-0.31	-0.75	-0.55	-0.5		-0.44
Long Term Debt	0.7	0.48	0.71	0.64	0.69	0.74	0.56	0.66	0.6	0.76	0.63	0.74	0.72	0.51	0.64	-0.17	0.62	0.52	0.72	0.96	0.39	0.63	0.73	0.74	-0.44

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Zhejiang Dahua Account Relationship Matchups

Zhejiang Dahua fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	29.6B	36.6B	44.1B	46.3B	52.9B	55.5B
Other Current Liab	1.8B	2.1B	1.9B	2.3B	155.2M	147.4M
Total Current Liabilities	12.5B	14.7B	17.4B	18.8B	16.3B	17.1B
Total Stockholder Equity	15.6B	19.8B	23.6B	25.8B	34.7B	36.5B
Retained Earnings	11.8B	15.3B	17.9B	19.4B	23.3B	24.5B
Accounts Payable	8.1B	9.7B	11.8B	11.7B	9.1B	4.9B
Cash	3.1B	7.5B	7.7B	8.0B	16.0B	16.8B
Other Assets	3.6B	3.5B	3.3B	3.1B	3.6B	3.8B
Net Receivables	15.4B	12.9B	14.7B	15.4B	16.3B	17.1B
Inventory	3.8B	4.9B	6.8B	7.3B	5.3B	2.7B
Other Current Assets	684.5M	720.7M	836.6M	953.6M	1.2B	1.3B
Total Liab	13.6B	16.4B	19.9B	20.0B	17.0B	17.8B
Intangible Assets	411.8M	406.8M	584.1M	557.2M	594.7M	624.4M
Common Stock	3.0B	3.0B	3.0B	3.0B	3.5B	1.8B
Property Plant Equipment	2.0B	2.7B	4.4B	5.4B	6.2B	6.5B
Other Liab	793.7M	741.3M	690.2M	502.7M	578.1M	548.5M
Net Tangible Assets	15.2B	19.3B	23.0B	25.3B	29.1B	16.4B
Other Stockholder Equity	12.3M	61.2M	76.0M	36.9M	42.5M	28.2M
Deferred Long Term Liab	37.3M	32.3M	45.9M	130.6M	150.2M	157.7M
Total Current Assets	23.0B	29.1B	33.5B	34.8B	41.1B	27.3B
Non Current Assets Total	6.6B	7.5B	10.6B	11.5B	11.8B	8.1B
Non Currrent Assets Other	8.6M	86.4M	97.2M	141.2M	210.8M	124.8M
Long Term Debt	153.5M	878M	1.6B	453.8M	521.9M	549.9M
Non Current Liabilities Total	1.1B	1.7B	2.5B	1.2B	687.6M	1.2B
Short Long Term Debt	400.3M	250.2M	325.6M	257.9M	957.4M	677.1M
Non Current Liabilities Other	735.9M	673.6M	615.2M	431.8M	343.6M	549.2M
Common Stock Shares Outstanding	3.0B	3.0B	3.0B	3.0B	3.3B	3.3B
Net Invested Capital	16.2B	20.9B	25.5B	26.5B	35.7B	23.9B
Net Working Capital	10.4B	14.5B	16.1B	15.9B	24.8B	15.4B
Capital Stock	3.0B	3.0B	3.0B	3.0B	3.3B	3.4B

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Other Information on Investing in Zhejiang Stock

Balance Sheet is a snapshot of the financial position of Zhejiang Dahua Technology at a specified time, usually calculated after every quarter, six months, or one year. Zhejiang Dahua Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Zhejiang Dahua 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 Cash vs Long Term Debt Analysis

Cash vs Long Term Debt

Cash vs Long Term Debt Correlation Analysis

Correlation Coefficient

Cash

Long Term Debt

Zhejiang Dahua fundamental ratios Correlations

Zhejiang Dahua Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Zhejiang Dahua fundamental ratios Accounts

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Other Information on Investing in Zhejiang Stock

COMMON DESTINATIONS

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COMPANY

Total Liab	+ 1.0	Total Current Liabilities
Total Stockholder Equity	+ 0.99	Total Assets
Retained Earnings	+ 0.99	Total Assets
Other Current Assets	+ 0.99	Total Assets
Intangible Assets	+ 0.99	Total Assets
Retained Earnings	+ 0.99	Total Stockholder Equity

Non Currrent Assets Other	- 0.82	Other Liab
Non Currrent Assets Other	- 0.79	Other Assets
Non Currrent Assets Other	- 0.76	Net Receivables
Non Currrent Assets Other	- 0.75	Long Term Investments
Non Currrent Assets Other	- 0.73	Treasury Stock
Non Currrent Assets Other	- 0.72	Total Liab