Bank Deferred Long Term Liab vs Net Tangible Assets Analysis

002936 Stock   2.12  0.03  1.44%   
Bank of Zhengzhou financial indicator trend analysis is way more than just evaluating Bank of Zhengzhou prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Bank of Zhengzhou is a good investment. Please check the relationship between Bank of Zhengzhou Deferred Long Term Liab and its Net Tangible Assets accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Bank of Zhengzhou. 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.

Deferred Long Term Liab vs Net Tangible Assets

Deferred Long Term Liab vs Net Tangible Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Bank of Zhengzhou Deferred Long Term Liab account and Net Tangible Assets. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Bank of Zhengzhou's Deferred Long Term Liab and Net Tangible Assets is -0.59. Overlapping area represents the amount of variation of Deferred Long Term Liab that can explain the historical movement of Net Tangible Assets in the same time period over historical financial statements of Bank of Zhengzhou, assuming nothing else is changed. The correlation between historical values of Bank of Zhengzhou's Deferred Long Term Liab and Net Tangible 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 Deferred Long Term Liab of Bank of Zhengzhou are associated (or correlated) with its Net Tangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Tangible Assets has no effect on the direction of Deferred Long Term Liab i.e., Bank of Zhengzhou's Deferred Long Term Liab and Net Tangible Assets go up and down completely randomly.

Correlation Coefficient

-0.59
Relationship DirectionNegative 
Relationship StrengthVery Weak

Deferred Long Term Liab

Liabilities that are due after more than one year, including deferred tax liabilities and deferred revenue.

Net Tangible Assets

The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.
Most indicators from Bank of Zhengzhou's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Bank of Zhengzhou 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 Bank of Zhengzhou. 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 (113.9 M). In addition to that, Selling General Administrative is expected to decline to about 844.3 M
 2021 2022 2023 2024 (projected)
Interest Income25.6B25.1B24.8B23.8B
Net Interest Income11.9B12.2B11.7B10.9B

Bank of Zhengzhou fundamental ratios Correlations

0.980.890.37-0.891.00.840.980.90.970.830.920.950.950.87-0.89-0.960.8-0.390.57-0.450.950.97-0.490.860.88
0.980.920.47-0.850.970.840.980.860.940.790.910.910.940.87-0.89-0.930.79-0.360.56-0.350.920.94-0.360.810.83
0.890.920.62-0.740.880.890.960.690.780.610.720.860.770.67-0.89-0.80.6-0.120.38-0.310.730.8-0.260.60.62
0.370.470.62-0.070.350.670.540.170.250.110.150.380.230.09-0.53-0.22-0.10.430.47-0.010.160.290.5-0.08-0.07
-0.89-0.85-0.74-0.07-0.9-0.72-0.84-0.89-0.93-0.8-0.89-0.92-0.91-0.840.840.95-0.810.42-0.430.49-0.9-0.930.59-0.86-0.87
1.00.970.880.35-0.90.840.970.90.980.830.920.950.950.87-0.89-0.970.8-0.390.57-0.460.950.97-0.510.870.88
0.840.840.890.67-0.720.840.920.630.780.490.630.910.70.53-0.98-0.760.450.160.64-0.460.660.77-0.180.520.53
0.980.980.960.54-0.840.970.920.830.920.740.850.950.90.79-0.94-0.910.69-0.220.56-0.40.870.92-0.360.740.76
0.90.860.690.17-0.890.90.630.830.940.920.910.850.940.88-0.71-0.950.77-0.560.54-0.470.930.97-0.460.850.86
0.970.940.780.25-0.930.980.780.920.940.880.950.940.980.91-0.86-0.970.81-0.450.62-0.450.980.99-0.50.90.91
0.830.790.610.11-0.80.830.490.740.920.880.880.70.90.85-0.59-0.860.72-0.710.43-0.250.930.89-0.40.850.87
0.920.910.720.15-0.890.920.630.850.910.950.880.840.990.99-0.74-0.910.87-0.590.46-0.240.980.95-0.530.890.91
0.950.910.860.38-0.920.950.910.950.850.940.70.840.890.77-0.96-0.930.69-0.160.58-0.520.860.94-0.470.750.77
0.950.940.770.23-0.910.950.70.90.940.980.90.990.890.96-0.8-0.950.83-0.530.51-0.30.990.98-0.490.880.9
0.870.870.670.09-0.840.870.530.790.880.910.850.990.770.96-0.66-0.860.87-0.640.39-0.160.950.91-0.540.860.89
-0.89-0.89-0.89-0.530.84-0.89-0.98-0.94-0.71-0.86-0.59-0.74-0.96-0.8-0.660.84-0.59-0.02-0.610.46-0.77-0.850.3-0.64-0.65
-0.96-0.93-0.8-0.220.95-0.97-0.76-0.91-0.95-0.97-0.86-0.91-0.93-0.95-0.860.84-0.850.48-0.590.57-0.95-0.970.51-0.91-0.92
0.80.790.6-0.1-0.810.80.450.690.770.810.720.870.690.830.87-0.59-0.85-0.710.36-0.420.860.79-0.660.940.95
-0.39-0.36-0.120.430.42-0.390.16-0.22-0.56-0.45-0.71-0.59-0.16-0.53-0.64-0.020.48-0.71-0.020.08-0.6-0.440.47-0.71-0.72
0.570.560.380.47-0.430.570.640.560.540.620.430.460.580.510.39-0.61-0.590.36-0.02-0.560.520.580.090.470.44
-0.45-0.35-0.31-0.010.49-0.46-0.46-0.4-0.47-0.45-0.25-0.24-0.52-0.3-0.160.460.57-0.420.08-0.56-0.32-0.430.37-0.5-0.46
0.950.920.730.16-0.90.950.660.870.930.980.930.980.860.990.95-0.77-0.950.86-0.60.52-0.320.96-0.530.930.95
0.970.940.80.29-0.930.970.770.920.970.990.890.950.940.980.91-0.85-0.970.79-0.440.58-0.430.96-0.460.860.88
-0.49-0.36-0.260.50.59-0.51-0.18-0.36-0.46-0.5-0.4-0.53-0.47-0.49-0.540.30.51-0.660.470.090.37-0.53-0.46-0.68-0.69
0.860.810.6-0.08-0.860.870.520.740.850.90.850.890.750.880.86-0.64-0.910.94-0.710.47-0.50.930.86-0.681.0
0.880.830.62-0.07-0.870.880.530.760.860.910.870.910.770.90.89-0.65-0.920.95-0.720.44-0.460.950.88-0.691.0
Click cells to compare fundamentals

Bank of Zhengzhou Account Relationship Matchups

Bank of Zhengzhou fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets500.5B547.8B575.0B591.5B630.7B565.6B
Total Stockholder Equity38.6B44.5B57.8B50.8B52.5B46.0B
Retained Earnings19.6B21.7B24.5B25.9B15.3B20.3B
Accounts Payable287.0B311.8B332.6B4.5B6.0B5.7B
Cash43.2B41.9B40.5B30.8B33.8B36.4B
Total Liab460.6B501.8B515.6B538.9B576.4B518.1B
Long Term Investments244.5B233.4B198.3B183.5B187.0B200.1B
Intangible Assets887.6M1.0B1.1B1.1B1.1B909.0M
Other Current Liab14.4B22.2B23.4B24.1B27.7B22.2B
Total Current Liabilities416.6B451.5B490.9B505.0B580.8B491.2B
Other Liab896.0M1.0B1.6B1.5B1.7B1.3B
Net Tangible Assets28.1B29.9B35.7B48.8B56.2B36.6B
Net Debt62.1B51.2B49.5B64.2B68.3B54.1B
Other Assets169.2B204.0B256.9B313.5B360.5B237.6B
Net Receivables406.2M453.2M563.9M1.1B1.2B629.0M
Other Current Assets46.5B39.4B37.6B35.3B31.8B33.1B
Other Stockholder Equity58.7M115.3M(694.5M)9.8B11.3B11.9B
Deferred Long Term Liab138.3M134.5M109.0M93.6M84.2M93.3M
Net Invested Capital136.0B129.8B140.0B65.3B154.5B132.9B
Total Current Assets82.1B67.4B77.3B81.2B73.1B62.1B
Property Plant Equipment2.1B2.8B3.1B3.3B3.8B2.9B

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.

Other Information on Investing in Bank Stock

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