002637 Stock | | | 11.10 0.40 3.74% |
Zhejiang Zanyu financial indicator trend analysis is more than just analyzing Zhejiang Zanyu Technology current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Zhejiang Zanyu Technology is a good investment. Please check the relationship between Zhejiang Zanyu Other Stockholder Equity and its Long Term Debt accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Zhejiang Zanyu 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.
Other Stockholder Equity vs Long Term Debt
Other Stockholder Equity vs Long Term Debt Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Zhejiang Zanyu Technology Other Stockholder Equity account and
Long Term Debt. At this time, the significance of the direction appears to have pay attention.
The correlation between Zhejiang Zanyu's Other Stockholder Equity and Long Term Debt is -0.83. Overlapping area represents the amount of variation of Other Stockholder Equity that can explain the historical movement of Long Term Debt in the same time period over historical financial statements of Zhejiang Zanyu Technology, assuming nothing else is changed. The correlation between historical values of Zhejiang Zanyu's Other Stockholder Equity 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 Other Stockholder Equity of Zhejiang Zanyu 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 Other Stockholder Equity i.e., Zhejiang Zanyu's Other Stockholder Equity and Long Term Debt go up and down completely randomly.
Correlation Coefficient | -0.83 |
Relationship Direction | Negative |
Relationship Strength | Significant |
Other Stockholder Equity
Long Term Debt
Long-term debt is a debt that Zhejiang Zanyu Technology has held for over one year. Long-term debt appears on Zhejiang Zanyu 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 Zanyu 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 Zanyu's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Zhejiang Zanyu 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 Zanyu 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 205.3
M. The current year's
Tax Provision is expected to grow to about 97.5
MZhejiang Zanyu fundamental ratios Correlations
Click cells to compare fundamentals
Zhejiang Zanyu Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Zhejiang Zanyu fundamental ratios Accounts
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Other Information on Investing in Zhejiang Stock
Balance Sheet is a snapshot of the
financial position of Zhejiang Zanyu Technology at a specified time, usually calculated after every quarter, six months, or one year. Zhejiang Zanyu Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Zhejiang Zanyu 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.