Dalian Inventory vs Total Assets Analysis

002354 Stock   5.39  0.49  10.00%   
Dalian Zeus financial indicator trend analysis is much more than just examining Dalian Zeus Entertainment latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Dalian Zeus Entertainment is a good investment. Please check the relationship between Dalian Zeus Inventory and its Total Assets accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Dalian Zeus Entertainment. 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.

Inventory vs Total Assets

Inventory vs Total Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Dalian Zeus Entertainment Inventory account and Total Assets. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Dalian Zeus' Inventory and Total Assets is -0.39. Overlapping area represents the amount of variation of Inventory that can explain the historical movement of Total Assets in the same time period over historical financial statements of Dalian Zeus Entertainment, assuming nothing else is changed. The correlation between historical values of Dalian Zeus' Inventory and Total 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 Inventory of Dalian Zeus Entertainment are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Inventory i.e., Dalian Zeus' Inventory and Total Assets go up and down completely randomly.

Correlation Coefficient

-0.39
Relationship DirectionNegative 
Relationship StrengthInsignificant

Inventory

Total Assets

Total assets refers to the total amount of Dalian Zeus assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Dalian Zeus Entertainment books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.
Most indicators from Dalian Zeus' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Dalian Zeus Entertainment 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 Dalian Zeus Entertainment. 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 165.9 M. The current year's Tax Provision is expected to grow to about 65.8 M
 2021 2023 2024 (projected)
Other Operating Expenses841.5K757.4K719.5K
Gross Profit339.1M388.2M661.3M

Dalian Zeus fundamental ratios Correlations

0.690.760.870.590.950.870.85-0.390.730.80.840.14-0.440.130.39-0.41-0.130.40.3-0.070.70.550.750.50.46
0.690.980.250.540.530.80.78-0.250.780.980.920.0-0.23-0.10.39-0.31-0.740.20.53-0.090.920.310.670.440.34
0.760.980.340.620.630.870.85-0.220.860.990.960.04-0.19-0.080.44-0.33-0.640.250.5-0.120.940.440.760.460.39
0.870.250.340.390.90.620.59-0.360.430.410.510.14-0.460.290.24-0.340.310.430.040.010.30.470.530.370.42
0.590.540.620.390.610.610.65-0.420.590.60.610.67-0.21-0.550.9-0.780.0-0.270.44-0.690.730.760.440.84-0.15
0.950.530.630.90.610.860.8-0.410.70.670.760.22-0.460.150.43-0.390.120.40.22-0.140.620.710.780.490.46
0.870.80.870.620.610.860.9-0.270.890.860.960.05-0.30.130.39-0.3-0.280.450.39-0.050.870.610.930.440.56
0.850.780.850.590.650.80.9-0.370.790.850.890.18-0.34-0.050.47-0.41-0.30.260.26-0.120.80.50.780.530.33
-0.39-0.25-0.22-0.36-0.42-0.41-0.27-0.370.02-0.27-0.26-0.650.920.51-0.530.69-0.090.4-0.190.55-0.32-0.35-0.05-0.680.37
0.730.780.860.430.590.70.890.790.020.840.88-0.08-0.010.150.32-0.13-0.370.450.460.00.840.550.90.290.59
0.80.980.990.410.60.670.860.85-0.270.840.950.03-0.26-0.050.42-0.32-0.630.260.53-0.10.920.40.750.450.4
0.840.920.960.510.610.760.960.89-0.260.880.950.02-0.280.050.39-0.33-0.490.390.44-0.050.920.510.860.470.51
0.140.00.040.140.670.220.050.18-0.65-0.080.030.02-0.35-0.870.84-0.870.38-0.770.16-0.940.20.56-0.120.85-0.73
-0.44-0.23-0.19-0.46-0.21-0.46-0.3-0.340.92-0.01-0.26-0.28-0.350.18-0.260.44-0.050.09-0.110.24-0.24-0.23-0.11-0.430.09
0.13-0.1-0.080.29-0.550.150.13-0.050.510.15-0.050.05-0.870.18-0.760.740.00.93-0.270.9-0.22-0.270.3-0.720.87
0.390.390.440.240.90.430.390.47-0.530.320.420.390.84-0.26-0.76-0.880.06-0.550.42-0.860.560.660.170.91-0.44
-0.41-0.31-0.33-0.34-0.78-0.39-0.3-0.410.69-0.13-0.32-0.33-0.870.440.74-0.88-0.130.55-0.290.8-0.45-0.51-0.04-0.980.51
-0.13-0.74-0.640.310.00.12-0.28-0.3-0.09-0.37-0.63-0.490.38-0.050.00.06-0.13-0.12-0.41-0.24-0.530.33-0.210.06-0.23
0.40.20.250.43-0.270.40.450.260.40.450.260.39-0.770.090.93-0.550.55-0.12-0.150.790.09-0.020.58-0.50.97
0.30.530.50.040.440.220.390.26-0.190.460.530.440.16-0.11-0.270.42-0.29-0.41-0.15-0.30.630.20.390.390.04
-0.07-0.09-0.120.01-0.69-0.14-0.05-0.120.550.0-0.1-0.05-0.940.240.9-0.860.8-0.240.79-0.3-0.28-0.610.09-0.810.7
0.70.920.940.30.730.620.870.8-0.320.840.920.920.2-0.24-0.220.56-0.45-0.530.090.63-0.280.520.750.590.26
0.550.310.440.470.760.710.610.5-0.350.550.40.510.56-0.23-0.270.66-0.510.33-0.020.2-0.610.520.590.610.08
0.750.670.760.530.440.780.930.78-0.050.90.750.86-0.12-0.110.30.17-0.04-0.210.580.390.090.750.590.210.69
0.50.440.460.370.840.490.440.53-0.680.290.450.470.85-0.43-0.720.91-0.980.06-0.50.39-0.810.590.610.21-0.42
0.460.340.390.42-0.150.460.560.330.370.590.40.51-0.730.090.87-0.440.51-0.230.970.040.70.260.080.69-0.42
Click cells to compare fundamentals

Dalian Zeus Account Relationship Matchups

Dalian Zeus fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets6.4B3.8B3.6B2.8B2.0B3.8B
Other Current Liab3.4B118.4M126.3M2.3M2.1M2.0M
Total Current Liabilities3.9B434.3M366.7M342.1M480.0M456.0M
Total Stockholder Equity776.4M2.8B2.7B2.4B1.5B2.1B
Accounts Payable245.0M264.3M178.4M179.4M291.3M149.1M
Cash401.0M448.6M402.8M321.2M372.9M398.4M
Other Assets250.4M105.6M36.4M9.1M10.5M10.0M
Net Receivables436.2M159.4M220.2M307.8M405.8M335.0M
Inventory41.8M30.0M24.1M24.8M19.3M18.3M
Other Current Assets190.3M86.4M44.2M23.5M24.9M23.7M
Total Liab5.5B915.8M824.9M366.7M497.4M472.5M
Intangible Assets97.8M10.2M2.2M5.0M4.3M4.1M
Property Plant Equipment94.2M88.1M78.0M84.9M76.5M106.7M
Retained Earnings(6.0B)(5.9B)(5.9B)(6.2B)(7.3B)(6.9B)
Other Liab667.7M516.1M481.5M456.4M410.8M544.3M
Net Tangible Assets(736.6M)(1.2B)2.1B2.1B2.4B2.5B
Good Will1.9B620.5M619.0M615.6M576.3M547.5M
Other Stockholder Equity199.5M(11.1M)(65.6M)(141.7M)(127.6M)(121.2M)
Deferred Long Term Liab81.8M61.5M35.8M8.3M9.6M9.1M
Total Current Assets1.6B1.2B1.3B761.1M885.0M1.3B
Non Current Assets Total4.8B2.6B2.2B2.0B1.1B1.1B
Non Currrent Assets Other412.2M262.0M57.4M3.2M63.2M87.1M
Non Current Liabilities Total1.6B481.5M458.2M24.6M17.4M16.5M
Short Long Term Debt568.5M194.8M742.9K425.5K244.8K232.6K
Net Invested Capital2.0B2.8B2.7B2.4B1.5B3.0B
Net Working Capital(2.4B)805.3M974.7M419.0M405.0M425.2M

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Other Information on Investing in Dalian Stock

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