Zhejiang Interest Income vs Ebitda Analysis

002648 Stock

17.73 0.16 0.89%

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

Interest Income vs Ebitda

Interest Income vs Ebitda Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Zhejiang Satellite Interest Income account and Ebitda. At this time, the significance of the direction appears to have strong relationship.

The correlation between Zhejiang Satellite's Interest Income and Ebitda is 0.75. Overlapping area represents the amount of variation of Interest Income that can explain the historical movement of Ebitda in the same time period over historical financial statements of Zhejiang Satellite Petrochemical, assuming nothing else is changed. The correlation between historical values of Zhejiang Satellite's Interest Income and Ebitda is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Interest Income of Zhejiang Satellite Petrochemical are associated (or correlated) with its Ebitda. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ebitda has no effect on the direction of Interest Income i.e., Zhejiang Satellite's Interest Income and Ebitda go up and down completely randomly.

Correlation Coefficient

0.75

Relationship Direction	Positive
Relationship Strength	Significant

View All Relationships

Interest Income

Income earned from the investment of cash or from lending money to others, including interest from bank accounts, bonds, or other interest-bearing investments.

Ebitda

Most indicators from Zhejiang Satellite's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Zhejiang Satellite 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 Satellite Petrochemical. 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.

As of November 28, 2024, Selling General Administrative is expected to decline to about 310.3 M. In addition to that, Discontinued Operations is expected to decline to about 10.1 M

	2023	2024 (projected)
Discontinued Operations	19.8M	10.1M
Research Development	1.6B	1.7B

Discontinued Operations Research Development

Zhejiang Satellite 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	Long Term Debt	Other Liab	Good Will	Treasury Stock	Net Tangible Assets	Short Term Investments	Other Stockholder Equity	Deferred Long Term Liab	Long Term Investments	Short Long Term Debt	Total Current Assets
Total Assets		0.46	0.94	0.99	0.99	0.97	0.87	0.97	0.07	0.99	0.35	1.0	0.96	0.96	0.99	0.93	0.95	0.7	0.62	0.99	-0.09	-0.59	0.96	0.85	0.1	0.86
Other Current Liab	0.46		0.47	0.45	0.37	0.48	0.67	0.46	0.43	0.43	0.84	0.46	0.32	0.29	0.38	0.61	0.5	-0.25	0.57	0.48	0.01	-0.75	0.33	0.53	0.2	0.75
Total Current Liabilities	0.94	0.47		0.94	0.91	0.95	0.86	0.97	0.12	0.88	0.45	0.93	0.97	0.89	0.91	0.84	0.96	0.62	0.79	0.94	-0.08	-0.58	0.81	0.94	0.4	0.84
Total Stockholder Equity	0.99	0.45	0.94		0.99	0.96	0.88	0.96	0.13	0.97	0.35	0.98	0.97	0.95	0.98	0.91	0.95	0.71	0.66	1.0	-0.03	-0.6	0.94	0.87	0.17	0.87
Retained Earnings	0.99	0.37	0.91	0.99		0.94	0.82	0.94	0.07	0.99	0.25	0.99	0.96	0.97	0.99	0.9	0.92	0.76	0.58	0.98	-0.1	-0.53	0.97	0.82	0.08	0.82
Accounts Payable	0.97	0.48	0.95	0.96	0.94		0.86	0.97	-0.05	0.93	0.43	0.97	0.95	0.91	0.96	0.92	0.96	0.63	0.65	0.96	-0.12	-0.57	0.9	0.85	0.14	0.85
Cash	0.87	0.67	0.86	0.88	0.82	0.86		0.87	0.28	0.81	0.62	0.85	0.79	0.7	0.8	0.93	0.91	0.42	0.68	0.89	-0.05	-0.88	0.74	0.86	0.26	0.96
Other Assets	0.97	0.46	0.97	0.96	0.94	0.97	0.87		0.01	0.93	0.41	0.96	0.97	0.9	0.94	0.9	0.99	0.64	0.67	0.96	-0.1	-0.59	0.88	0.87	0.25	0.85
Net Receivables	0.07	0.43	0.12	0.13	0.07	-0.05	0.28	0.01		0.08	0.4	0.04	0.04	0.02	0.0	0.1	0.04	-0.14	0.41	0.11	0.21	-0.5	-0.04	0.26	0.3	0.31
Inventory	0.99	0.43	0.88	0.97	0.99	0.93	0.81	0.93	0.08		0.29	0.99	0.94	0.96	0.99	0.91	0.91	0.71	0.56	0.97	-0.08	-0.54	0.98	0.77	0.01	0.82
Other Current Assets	0.35	0.84	0.45	0.35	0.25	0.43	0.62	0.41	0.4	0.29		0.35	0.26	0.17	0.26	0.54	0.46	-0.25	0.48	0.35	-0.13	-0.77	0.18	0.47	0.23	0.65
Total Liab	1.0	0.46	0.93	0.98	0.99	0.97	0.85	0.96	0.04	0.99	0.35		0.96	0.95	0.99	0.93	0.94	0.7	0.6	0.99	-0.12	-0.58	0.97	0.83	0.06	0.85
Intangible Assets	0.96	0.32	0.97	0.97	0.96	0.95	0.79	0.97	0.04	0.94	0.26	0.96		0.96	0.96	0.83	0.95	0.76	0.69	0.96	-0.05	-0.47	0.9	0.87	0.25	0.78
Common Stock	0.96	0.29	0.89	0.95	0.97	0.91	0.7	0.9	0.02	0.96	0.17	0.95	0.96		0.98	0.8	0.86	0.78	0.6	0.94	-0.03	-0.35	0.94	0.78	0.08	0.71
Property Plant Equipment	0.99	0.38	0.91	0.98	0.99	0.96	0.8	0.94	0.0	0.99	0.26	0.99	0.96	0.98		0.9	0.91	0.75	0.56	0.98	-0.11	-0.49	0.98	0.8	0.04	0.8
Long Term Debt	0.93	0.61	0.84	0.91	0.9	0.92	0.93	0.9	0.1	0.91	0.54	0.93	0.83	0.8	0.9		0.91	0.52	0.53	0.92	-0.11	-0.78	0.89	0.75	-0.03	0.93
Other Liab	0.95	0.5	0.96	0.95	0.92	0.96	0.91	0.99	0.04	0.91	0.46	0.94	0.95	0.86	0.91	0.91		0.59	0.68	0.95	-0.1	-0.65	0.85	0.9	0.3	0.88
Good Will	0.7	-0.25	0.62	0.71	0.76	0.63	0.42	0.64	-0.14	0.71	-0.25	0.7	0.76	0.78	0.75	0.52	0.59		0.27	0.69	-0.08	-0.1	0.75	0.51	-0.05	0.41
Treasury Stock	0.62	0.57	0.79	0.66	0.58	0.65	0.68	0.67	0.41	0.56	0.48	0.6	0.69	0.6	0.56	0.53	0.68	0.27		0.66	0.3	-0.54	0.42	0.8	0.61	0.71
Net Tangible Assets	0.99	0.48	0.94	1.0	0.98	0.96	0.89	0.96	0.11	0.97	0.35	0.99	0.96	0.94	0.98	0.92	0.95	0.69	0.66		-0.02	-0.62	0.94	0.88	0.16	0.89
Short Term Investments	-0.09	0.01	-0.08	-0.03	-0.1	-0.12	-0.05	-0.1	0.21	-0.08	-0.13	-0.12	-0.05	-0.03	-0.11	-0.11	-0.1	-0.08	0.3	-0.02		-0.02	-0.13	-0.09	0.08	0.01
Other Stockholder Equity	-0.59	-0.75	-0.58	-0.6	-0.53	-0.57	-0.88	-0.59	-0.5	-0.54	-0.77	-0.58	-0.47	-0.35	-0.49	-0.78	-0.65	-0.1	-0.54	-0.62	-0.02		-0.47	-0.62	-0.16	-0.86
Deferred Long Term Liab	0.96	0.33	0.81	0.94	0.97	0.9	0.74	0.88	-0.04	0.98	0.18	0.97	0.9	0.94	0.98	0.89	0.85	0.75	0.42	0.94	-0.13	-0.47		0.68	-0.14	0.75
Long Term Investments	0.85	0.53	0.94	0.87	0.82	0.85	0.86	0.87	0.26	0.77	0.47	0.83	0.87	0.78	0.8	0.75	0.9	0.51	0.8	0.88	-0.09	-0.62	0.68		0.58	0.84
Short Long Term Debt	0.1	0.2	0.4	0.17	0.08	0.14	0.26	0.25	0.3	0.01	0.23	0.06	0.25	0.08	0.04	-0.03	0.3	-0.05	0.61	0.16	0.08	-0.16	-0.14	0.58		0.21
Total Current Assets	0.86	0.75	0.84	0.87	0.82	0.85	0.96	0.85	0.31	0.82	0.65	0.85	0.78	0.71	0.8	0.93	0.88	0.41	0.71	0.89	0.01	-0.86	0.75	0.84	0.21

Click cells to compare fundamentals

Zhejiang Satellite Account Relationship Matchups

Zhejiang Satellite fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	17.9B	32.3B	48.7B	56.4B	64.6B	67.8B
Other Current Liab	403.8M	1.2B	2.1B	2.0B	126.7M	120.3M
Total Current Liabilities	7.9B	9.2B	8.8B	10.1B	11.9B	12.5B
Total Stockholder Equity	9.2B	13.6B	19.4B	21.1B	25.5B	26.7B
Retained Earnings	4.0B	5.4B	11.2B	12.8B	16.8B	17.7B
Accounts Payable	2.1B	4.6B	4.0B	5.6B	5.7B	6.0B
Cash	3.3B	7.2B	9.6B	5.5B	6.4B	6.7B
Other Assets	1.3B	1.5B	1.8B	2.0B	2.3B	2.4B
Net Receivables	838.5M	407.8M	2.4B	675.9M	639.4M	1.0B
Inventory	903.0M	1.2B	3.3B	3.9B	4.2B	4.4B
Other Current Assets	382.1M	953.7M	1.2B	753.5M	194.5M	184.8M
Total Liab	8.7B	18.7B	29.3B	35.2B	39.1B	41.0B
Intangible Assets	840.5M	857.1M	998.2M	1.3B	1.8B	1.9B
Common Stock	1.1B	1.2B	1.7B	3.4B	3.9B	4.1B
Property Plant Equipment	8.7B	16.6B	27.1B	39.1B	45.0B	47.2B
Other Liab	244.3M	278.2M	333.5M	313.4M	360.4M	378.4M
Net Tangible Assets	8.4B	12.7B	18.3B	19.8B	22.8B	23.9B
Short Term Investments	58.4M	126.8M	55.4M	27.6M	43.0M	40.8M
Other Stockholder Equity	47.5M	(16.8M)	(83.9M)	28.0M	25.2M	14.6M
Deferred Long Term Liab	256.3M	637.9M	1.4B	1.8B	2.1B	2.2B
Short Long Term Debt	5.3B	2.4B	1.4B	1.1B	1.2B	1.7B
Total Current Assets	5.5B	11.1B	16.6B	11.7B	12.7B	9.1B
Non Current Assets Total	12.5B	21.3B	32.1B	44.7B	51.8B	54.4B
Non Currrent Assets Other	1.0B	812.2M	269.4M	1.6M	36.7M	34.9M
Non Current Liabilities Total	794.2M	9.5B	20.5B	25.2B	27.2B	28.5B
Non Current Liabilities Other	10.9M	39.2M	85.7M	56.5M	42.2M	38.5M
Net Debt	2.5B	4.5B	5.8B	6.1B	5.7B	4.0B
Common Stock Shares Outstanding	1.5B	1.7B	1.7B	3.4B	3.4B	2.3B
Net Invested Capital	15.1B	25.3B	34.8B	32.7B	37.5B	26.1B
Net Working Capital	(2.4B)	1.9B	7.8B	1.7B	818.3M	777.4M
Capital Stock	1.1B	1.2B	1.7B	3.4B	3.4B	2.2B

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

ESRT	Empire State Realty
C	Citigroup
C	Citigroup

Other Information on Investing in Zhejiang Stock

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

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

Zhejiang Interest Income vs Ebitda Analysis

Interest Income vs Ebitda

Interest Income vs Ebitda Correlation Analysis

Correlation Coefficient

Interest Income

Ebitda

Zhejiang Satellite fundamental ratios Correlations

Zhejiang Satellite Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Zhejiang Satellite fundamental ratios Accounts

Also Currently Popular

Other Information on Investing in Zhejiang Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Liab	+ 1.0	Total Assets
Net Tangible Assets	+ 1.0	Total Stockholder Equity
Total Stockholder Equity	+ 0.99	Total Assets
Retained Earnings	+ 0.99	Total Assets
Inventory	+ 0.99	Total Assets
Property Plant Equipment	+ 0.99	Total Assets

Other Stockholder Equity	- 0.88	Cash
Total Current Assets	- 0.86	Other Stockholder Equity
Other Stockholder Equity	- 0.78	Long Term Debt
Other Stockholder Equity	- 0.77	Other Current Assets
Other Stockholder Equity	- 0.75	Other Current Liab
Other Stockholder Equity	- 0.65	Other Liab