Zhejiang Long Term Debt vs Total Stockholder Equity Analysis

002236 Stock   18.66  0.42  2.30%   
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 Long Term Debt and its Total Stockholder Equity 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.

Long Term Debt vs Total Stockholder Equity

Long Term Debt vs Total Stockholder Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Zhejiang Dahua Technology Long Term Debt account and Total Stockholder Equity. At this time, the significance of the direction appears to have strong relationship.
The correlation between Zhejiang Dahua's Long Term Debt and Total Stockholder Equity is 0.61. Overlapping area represents the amount of variation of Long Term Debt that can explain the historical movement of Total Stockholder Equity 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 Long Term Debt 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 Long Term Debt of Zhejiang Dahua Technology 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 Long Term Debt i.e., Zhejiang Dahua's Long Term Debt and Total Stockholder Equity go up and down completely randomly.

Correlation Coefficient

0.61
Relationship DirectionPositive 
Relationship StrengthSignificant

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.

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 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 2.3 B, whereas Tax Provision is forecasted to decline to about 66.8 M.
 2022 2023 2024 2025 (projected)
Operating Income2.2B3.7B2.8B2.0B
Total Revenue30.6B32.2B32.2B16.4B

Zhejiang Dahua fundamental ratios Correlations

0.260.870.980.990.860.940.940.950.860.990.860.980.760.970.550.610.790.920.790.910.850.960.930.520.67
0.260.60.10.180.640.010.460.390.60.150.630.350.540.11-0.390.530.490.310.47-0.040.530.30.19-0.430.44
0.870.60.780.820.990.750.90.90.970.821.00.910.90.760.150.670.870.90.820.670.950.910.840.110.69
0.980.10.781.00.760.960.880.910.780.990.770.950.670.980.650.530.710.90.730.940.770.930.930.630.61
0.990.180.821.00.810.950.910.920.820.990.810.970.690.980.610.580.730.920.780.930.810.950.940.590.65
0.860.640.990.760.810.720.90.890.980.811.00.90.90.750.150.690.860.90.850.640.940.90.830.110.74
0.940.010.750.960.950.720.790.830.740.940.730.890.630.930.520.450.650.870.720.90.720.930.880.510.58
0.940.460.90.880.910.90.790.970.850.920.90.960.830.830.440.790.860.860.780.760.920.90.840.40.66
0.950.390.90.910.920.890.830.970.840.940.890.970.860.860.470.660.90.850.70.810.890.890.840.420.59
0.860.60.970.780.820.980.740.850.840.80.970.890.830.790.150.630.780.920.870.680.890.910.860.120.76
0.990.150.820.990.990.810.940.920.940.80.810.970.730.960.610.60.770.90.730.930.820.940.920.590.6
0.860.631.00.770.811.00.730.90.890.970.810.910.90.750.130.690.870.890.840.650.940.910.830.10.72
0.980.350.910.950.970.90.890.960.970.890.970.910.780.930.470.680.820.920.810.850.890.960.920.440.71
0.760.540.90.670.690.90.630.830.860.830.730.90.780.610.170.560.920.750.630.580.870.760.690.120.51
0.970.110.760.980.980.750.930.830.860.790.960.750.930.610.650.490.640.910.740.950.730.920.940.640.63
0.55-0.390.150.650.610.150.520.440.470.150.610.130.470.170.650.160.250.410.240.70.240.390.541.00.19
0.610.530.670.530.580.690.450.790.660.630.60.690.680.560.490.160.50.630.680.360.780.650.590.140.62
0.790.490.870.710.730.860.650.860.90.780.770.870.820.920.640.250.50.690.610.630.810.740.640.190.52
0.920.310.90.90.920.90.870.860.850.920.90.890.920.750.910.410.630.690.850.830.90.980.980.390.7
0.790.470.820.730.780.850.720.780.70.870.730.840.810.630.740.240.680.610.850.540.780.850.80.220.95
0.91-0.040.670.940.930.640.90.760.810.680.930.650.850.580.950.70.360.630.830.540.660.850.870.690.39
0.850.530.950.770.810.940.720.920.890.890.820.940.890.870.730.240.780.810.90.780.660.90.850.210.63
0.960.30.910.930.950.90.930.90.890.910.940.910.960.760.920.390.650.740.980.850.850.90.960.370.7
0.930.190.840.930.940.830.880.840.840.860.920.830.920.690.940.540.590.640.980.80.870.850.960.520.66
0.52-0.430.110.630.590.110.510.40.420.120.590.10.440.120.641.00.140.190.390.220.690.210.370.520.17
0.670.440.690.610.650.740.580.660.590.760.60.720.710.510.630.190.620.520.70.950.390.630.70.660.17
Click cells to compare fundamentals

Zhejiang Dahua Account Relationship Matchups

Zhejiang Dahua fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets36.6B44.1B46.3B52.9B52.7B55.4B
Other Current Liab2.1B1.9B2.3B155.2M160.2M152.1M
Total Current Liabilities14.7B17.4B18.8B16.3B14.9B8.3B
Total Stockholder Equity19.8B23.6B25.8B34.7B36.0B37.8B
Retained Earnings15.3B17.9B19.4B23.3B24.4B25.6B
Accounts Payable9.7B11.8B11.7B9.1B9.5B5.2B
Cash7.5B7.7B8.0B16.0B11.2B11.7B
Other Assets3.6B3.5B3.3B3.1B3.6B3.8B
Net Receivables12.9B14.7B15.4B16.3B17.0B17.9B
Inventory4.9B6.8B7.3B5.3B5.2B2.9B
Other Current Assets720.7M836.6M953.6M1.2B1.3B1.3B
Total Liab16.4B19.9B20.0B17.0B15.6B8.9B
Intangible Assets406.8M584.1M557.2M594.7M578.0M606.9M
Common Stock3.0B3.0B3.0B3.0B3.5B1.8B
Property Plant Equipment2.0B2.7B4.4B5.4B6.2B6.5B
Other Liab793.7M741.3M690.2M502.7M578.1M548.5M
Net Tangible Assets15.2B19.3B23.0B25.3B29.1B16.4B
Other Stockholder Equity12.3M61.2M76.0M36.9M42.5M28.2M
Deferred Long Term Liab37.3M32.3M45.9M130.6M150.2M157.7M
Total Current Assets29.1B33.5B34.8B41.1B37.2B28.7B
Non Current Assets Total7.5B10.6B11.5B11.8B15.5B9.1B
Non Currrent Assets Other86.4M97.2M141.2M210.8M4.3B4.5B
Long Term Debt153.5M878M1.6B453.8M521.9M549.9M
Non Current Liabilities Total1.7B2.5B1.2B687.6M671.0M1.2B
Short Long Term Debt250.2M325.6M257.9M957.4M995M690.3M
Non Current Liabilities Other673.6M615.2M431.8M343.6M370.5M533.5M
Net Invested Capital20.9B25.5B26.5B35.7B37.0B26.0B
Net Working Capital14.5B16.1B15.9B24.8B22.4B16.6B
Capital Stock3.0B3.0B3.0B3.3B3.3B3.4B
Property Plant And Equipment Net2.7B4.4B5.4B6.2B6.5B5.0B
Property Plant And Equipment Gross3.7B5.7B5.4B8.6B6.5B6.0B

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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.