ZYF Retained Earnings vs Total Current Assets Analysis

002333 Stock

5.75 0.14 2.38%

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

Retained Earnings vs Total Current Assets

Retained Earnings vs Total Current Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of ZYF Lopsking Aluminum Retained Earnings account and Total Current Assets. At this time, the significance of the direction appears to have weak contrarian relationship.

The correlation between ZYF Lopsking's Retained Earnings and Total Current Assets is -0.14. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Total Current Assets in the same time period over historical financial statements of ZYF Lopsking Aluminum, assuming nothing else is changed. The correlation between historical values of ZYF Lopsking's Retained Earnings and Total Current Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Retained Earnings of ZYF Lopsking Aluminum are associated (or correlated) with its Total Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Assets has no effect on the direction of Retained Earnings i.e., ZYF Lopsking's Retained Earnings and Total Current Assets go up and down completely randomly.

Correlation Coefficient

-0.14

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.

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.

Most indicators from ZYF Lopsking's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into ZYF Lopsking Aluminum 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 ZYF Lopsking Aluminum. 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 6.8 M, whereas Selling General Administrative is forecasted to decline to about 27.6 M.

	2021	2022	2023	2024 (projected)
Gross Profit	188.1M	141.7M	230.9M	132.0M
Research Development	43.6M	31.0M	32.5M	23.6M

Gross Profit Research Development

ZYF Lopsking fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Retained Earnings	Accounts Payable	Cash	Other Assets	Long Term Debt	Net Receivables	Inventory	Other Current Assets	Total Liab	Intangible Assets	Common Stock	Property Plant Equipment	Short Term Investments	Net Tangible Assets	Deferred Long Term Liab	Long Term Investments	Total Current Assets	Other Liab	Non Current Assets Total	Non Current Liabilities Total	Non Current Liabilities Other	Common Stock Shares Outstanding
Total Assets		0.42	0.68	0.87	0.27	0.7	0.23	0.41	0.59	0.73	0.94	0.25	0.67	0.37	0.73	0.38	0.27	0.66	0.66	-0.46	0.85	0.8	0.11	0.66	0.58	0.77
Other Current Liab	0.42		0.4	0.26	0.08	0.14	-0.05	0.51	0.27	0.28	0.4	0.55	0.37	0.42	0.18	0.34	0.01	0.03	0.09	-0.12	0.2	0.22	0.21	0.19	0.07	0.15
Total Current Liabilities	0.68	0.4		0.4	-0.13	0.92	0.09	0.25	0.0	0.95	0.67	0.07	1.0	0.13	0.75	0.04	0.08	0.63	0.82	-0.41	0.81	0.72	0.17	0.92	0.68	0.83
Total Stockholder Equity	0.87	0.26	0.4		0.62	0.47	0.26	0.39	0.85	0.51	0.78	0.23	0.38	0.46	0.65	0.59	0.35	0.48	0.48	-0.36	0.56	0.57	0.01	0.38	0.32	0.53
Retained Earnings	0.27	0.08	-0.13	0.62		-0.14	-0.17	0.29	0.65	-0.04	0.24	0.06	-0.16	0.74	0.24	0.78	0.01	0.02	-0.11	-0.01	-0.14	-0.04	0.03	-0.2	-0.2	-0.13
Accounts Payable	0.7	0.14	0.92	0.47	-0.14		0.14	0.16	0.02	0.95	0.71	0.03	0.93	0.04	0.8	-0.08	0.09	0.68	0.91	-0.47	0.88	0.83	0.06	0.91	0.7	0.94
Cash	0.23	-0.05	0.09	0.26	-0.17	0.14		0.11	0.37	0.02	0.03	-0.33	0.08	-0.48	-0.09	-0.13	0.18	0.15	-0.02	0.24	0.11	0.02	0.15	0.14	0.36	0.1
Other Assets	0.41	0.51	0.25	0.39	0.29	0.16	0.11		0.35	0.12	0.31	-0.1	0.22	0.45	0.01	0.35	0.07	0.22	0.07	0.12	0.14	0.08	0.13	0.11	0.29	0.17
Long Term Debt	0.59	0.27	0.0	0.85	0.65	0.02	0.37	0.35		0.07	0.42	0.27	-0.03	0.4	0.3	0.58	0.39	0.02	0.07	-0.21	0.16	0.19	-0.15	-0.02	-0.08	0.06
Net Receivables	0.73	0.28	0.95	0.51	-0.04	0.95	0.02	0.12	0.07		0.74	0.19	0.94	0.16	0.86	0.06	0.11	0.67	0.92	-0.54	0.87	0.83	0.08	0.87	0.62	0.91
Inventory	0.94	0.4	0.67	0.78	0.24	0.71	0.03	0.31	0.42	0.74		0.32	0.67	0.42	0.74	0.35	0.16	0.71	0.7	-0.52	0.83	0.85	0.2	0.69	0.56	0.81
Other Current Assets	0.25	0.55	0.07	0.23	0.06	0.03	-0.33	-0.1	0.27	0.19	0.32		0.05	0.23	0.24	0.24	-0.01	-0.16	0.11	-0.39	0.17	0.32	-0.11	-0.03	-0.27	0.11
Total Liab	0.67	0.37	1.0	0.38	-0.16	0.93	0.08	0.22	-0.03	0.94	0.67	0.05		0.1	0.75	0.02	0.08	0.64	0.83	-0.41	0.82	0.73	0.18	0.94	0.69	0.84
Intangible Assets	0.37	0.42	0.13	0.46	0.74	0.04	-0.48	0.45	0.4	0.16	0.42	0.23	0.1		0.37	0.53	-0.06	-0.02	0.09	-0.31	0.11	0.2	-0.1	0.02	-0.22	0.03
Common Stock	0.73	0.18	0.75	0.65	0.24	0.8	-0.09	0.01	0.3	0.86	0.74	0.24	0.75	0.37		0.11	0.33	0.48	0.88	-0.71	0.8	0.8	-0.25	0.71	0.3	0.77
Property Plant Equipment	0.38	0.34	0.04	0.59	0.78	-0.08	-0.13	0.35	0.58	0.06	0.35	0.24	0.02	0.53	0.11		-0.09	0.2	-0.12	0.09	-0.07	0.0	0.44	-0.02	0.06	-0.04
Short Term Investments	0.27	0.01	0.08	0.35	0.01	0.09	0.18	0.07	0.39	0.11	0.16	-0.01	0.08	-0.06	0.33	-0.09		0.14	0.36	-0.24	0.28	0.02	-0.54	0.14	0.02	0.2
Net Tangible Assets	0.66	0.03	0.63	0.48	0.02	0.68	0.15	0.22	0.02	0.67	0.71	-0.16	0.64	-0.02	0.48	0.2	0.14		0.63	-0.09	0.7	0.59	0.46	0.65	0.89	0.82
Deferred Long Term Liab	0.66	0.09	0.82	0.48	-0.11	0.91	-0.02	0.07	0.07	0.92	0.7	0.11	0.83	0.09	0.88	-0.12	0.36	0.63		-0.69	0.87	0.81	-0.18	0.82	0.51	0.92
Long Term Investments	-0.46	-0.12	-0.41	-0.36	-0.01	-0.47	0.24	0.12	-0.21	-0.54	-0.52	-0.39	-0.41	-0.31	-0.71	0.09	-0.24	-0.09	-0.69		-0.57	-0.72	0.46	-0.39	0.15	-0.47
Total Current Assets	0.85	0.2	0.81	0.56	-0.14	0.88	0.11	0.14	0.16	0.87	0.83	0.17	0.82	0.11	0.8	-0.07	0.28	0.7	0.87	-0.57		0.9	-0.06	0.81	0.65	0.92
Other Liab	0.8	0.22	0.72	0.57	-0.04	0.83	0.02	0.08	0.19	0.83	0.85	0.32	0.73	0.2	0.8	0.0	0.02	0.59	0.81	-0.72	0.9		-0.02	0.69	0.46	0.86
Non Current Assets Total	0.11	0.21	0.17	0.01	0.03	0.06	0.15	0.13	-0.15	0.08	0.2	-0.11	0.18	-0.1	-0.25	0.44	-0.54	0.46	-0.18	0.46	-0.06	-0.02		0.19	0.54	0.1
Non Current Liabilities Total	0.66	0.19	0.92	0.38	-0.2	0.91	0.14	0.11	-0.02	0.87	0.69	-0.03	0.94	0.02	0.71	-0.02	0.14	0.65	0.82	-0.39	0.81	0.69	0.19		0.72	0.83
Non Current Liabilities Other	0.58	0.07	0.68	0.32	-0.2	0.7	0.36	0.29	-0.08	0.62	0.56	-0.27	0.69	-0.22	0.3	0.06	0.02	0.89	0.51	0.15	0.65	0.46	0.54	0.72		0.75
Common Stock Shares Outstanding	0.77	0.15	0.83	0.53	-0.13	0.94	0.1	0.17	0.06	0.91	0.81	0.11	0.84	0.03	0.77	-0.04	0.2	0.82	0.92	-0.47	0.92	0.86	0.1	0.83	0.75

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ZYF Lopsking Account Relationship Matchups

ZYF Lopsking fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	1.4B	1.6B	2.3B	2.8B	3.3B	1.7B
Other Current Liab	55.4M	133.9M	157.9M	288.9M	190.0M	168.0M
Total Current Liabilities	87.7M	317.2M	452.2M	863.0M	1.2B	1.2B
Total Stockholder Equity	1.3B	1.3B	1.8B	1.7B	1.9B	1.3B
Retained Earnings	309.6M	336.4M	400.7M	253.0M	301.6M	332.8M
Accounts Payable	17.6M	146.6M	244.7M	335.7M	377.6M	396.5M
Cash	217.4M	387.4M	228.3M	326.2M	473.5M	275.3M
Other Assets	14.0M	21.2M	22.2M	33.7M	38.8M	22.3M
Net Receivables	72.0M	216.3M	634.2M	681.2M	950.8M	998.3M
Inventory	100.1M	118.1M	220.5M	287.0M	273.8M	152.8M
Other Current Assets	18.5M	45.0M	79.5M	75.8M	8.9M	8.5M
Total Liab	92.6M	326.8M	465.6M	1.0B	1.3B	1.4B
Intangible Assets	93.3M	106.2M	100.2M	107.9M	93.0M	81.4M
Property Plant Equipment	820.3M	393.2M	438.5M	620.9M	714.0M	634.2M
Short Term Investments	117M	438.7M	36.0M	180.2M	207.2M	146.7M
Net Tangible Assets	1.2B	1.0B	1.5B	1.5B	1.7B	1.4B
Deferred Long Term Liab	4.5M	8.1M	4.3M	12.4M	14.2M	14.9M
Total Current Assets	846.8M	891.7M	1.3B	1.7B	2.2B	1.2B
Other Liab	8.0M	4.9M	9.6M	11.9M	13.7M	8.8M
Non Current Assets Total	516.2M	742.7M	925.4M	1.1B	1.1B	1.0B
Non Currrent Assets Other	516.2M	515.3K	5.2M	7.0M	6.3M	6.0M
Non Current Liabilities Total	4.9M	9.6M	13.4M	160.8M	147.2M	154.6M
Net Invested Capital	1.3B	1.3B	1.8B	2.0B	2.4B	1.8B
Net Working Capital	759.1M	574.5M	890.5M	804.4M	972.0M	747.4M

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Other Information on Investing in ZYF Stock

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

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ZYF Retained Earnings vs Total Current Assets Analysis

Retained Earnings vs Total Current Assets

Retained Earnings vs Total Current Assets Correlation Analysis

Correlation Coefficient

Retained Earnings

Total Current Assets

ZYF Lopsking fundamental ratios Correlations

ZYF Lopsking Account Relationship Matchups

High Positive Relationship

High Negative Relationship

ZYF Lopsking fundamental ratios Accounts

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Other Information on Investing in ZYF Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Liab	+ 1.0	Total Current Liabilities
Net Receivables	+ 0.95	Total Current Liabilities
Net Receivables	+ 0.95	Accounts Payable
Inventory	+ 0.94	Total Assets
Common Stock Shares Outstanding	+ 0.94	Accounts Payable
Total Liab	+ 0.94	Net Receivables

Other Liab	- 0.72	Long Term Investments
Long Term Investments	- 0.71	Common Stock
Long Term Investments	- 0.69	Deferred Long Term Liab
Total Current Assets	- 0.57	Long Term Investments
Non Current Assets Total	- 0.54	Short Term Investments
Long Term Investments	- 0.54	Net Receivables