Zhuhai Net Receivables vs Capital Lease Obligations Analysis

688175 Stock   17.19  0.36  2.14%   
Zhuhai Comleader financial indicator trend analysis is more than just analyzing Zhuhai Comleader Inf current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Zhuhai Comleader Inf is a good investment. Please check the relationship between Zhuhai Comleader Net Receivables and its Capital Lease Obligations accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Zhuhai Comleader Information. 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.

Net Receivables vs Capital Lease Obligations

Net Receivables vs Capital Lease Obligations Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Zhuhai Comleader Inf Net Receivables account and Capital Lease Obligations. At this time, the significance of the direction appears to have pay attention.
The correlation between Zhuhai Comleader's Net Receivables and Capital Lease Obligations is -0.71. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Capital Lease Obligations in the same time period over historical financial statements of Zhuhai Comleader Information, assuming nothing else is changed. The correlation between historical values of Zhuhai Comleader's Net Receivables and Capital Lease Obligations is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Receivables of Zhuhai Comleader Information are associated (or correlated) with its Capital Lease Obligations. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capital Lease Obligations has no effect on the direction of Net Receivables i.e., Zhuhai Comleader's Net Receivables and Capital Lease Obligations go up and down completely randomly.

Correlation Coefficient

-0.71
Relationship DirectionNegative 
Relationship StrengthWeak

Net Receivables

Capital Lease Obligations

Zhuhai Comleader Inf capital lease obligations are the amount due for long-term lease agreements that are nearly equivalent to Zhuhai Comleader asset purchases. For example, Zhuhai Comleader can use a capital lease to finance the purchase of an asset without ever buying it. A capital lease gives companies such as Zhuhai Comleader control over an asset for a big portion of its life. The total obligations of a company under capital leases, which are lease agreements that transfer substantially all risks and rewards of ownership to the lessee.
Most indicators from Zhuhai Comleader's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Zhuhai Comleader Inf 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 Zhuhai Comleader Information. 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 (283.5 K). In addition to that, Selling General Administrative is expected to decline to about 63.8 M
 2021 2022 2023 2024 (projected)
Interest Expense347.3K212.2K127.7K121.3K
Interest Income3.8M4.4M5.2M4.0M

Zhuhai Comleader fundamental ratios Correlations

-0.82-0.91.00.940.990.820.770.990.970.960.8-0.90.49-0.891.01.00.991.00.960.58-0.690.930.910.67
-0.820.66-0.81-0.94-0.87-0.88-0.67-0.73-0.92-0.69-0.530.55-0.820.66-0.81-0.82-0.81-0.81-0.92-0.520.34-0.81-0.84-0.55
-0.90.66-0.91-0.84-0.89-0.55-0.75-0.93-0.82-0.95-0.70.97-0.41.0-0.91-0.91-0.87-0.91-0.88-0.740.65-0.97-0.91-0.66
1.0-0.81-0.910.930.990.80.760.990.960.960.79-0.910.48-0.891.01.00.981.00.960.58-0.680.930.910.65
0.94-0.94-0.840.930.970.840.750.880.980.860.72-0.780.75-0.830.930.930.930.931.00.54-0.460.930.970.63
0.99-0.87-0.890.990.970.840.780.960.990.930.8-0.870.6-0.870.990.990.990.980.990.55-0.620.940.940.67
0.82-0.88-0.550.80.840.840.780.720.910.620.74-0.550.66-0.530.80.790.870.780.830.27-0.580.720.730.71
0.77-0.67-0.750.760.750.780.780.710.790.640.86-0.770.52-0.740.760.730.830.720.750.41-0.780.850.790.99
0.99-0.73-0.930.990.880.960.720.710.910.990.75-0.940.36-0.920.990.990.950.990.920.64-0.710.920.870.61
0.97-0.92-0.820.960.980.990.910.790.910.870.79-0.790.66-0.80.960.960.980.950.980.49-0.590.910.920.69
0.96-0.69-0.950.960.860.930.620.640.990.870.68-0.940.34-0.940.960.970.910.980.90.68-0.630.910.870.52
0.8-0.53-0.70.790.720.80.740.860.750.790.68-0.80.43-0.670.790.740.870.740.720.11-0.710.750.760.85
-0.90.550.97-0.91-0.78-0.87-0.55-0.77-0.94-0.79-0.94-0.8-0.260.96-0.91-0.9-0.89-0.9-0.82-0.610.76-0.92-0.85-0.7
0.49-0.82-0.40.480.750.60.660.520.360.660.340.43-0.26-0.390.480.470.530.460.690.150.070.560.720.45
-0.890.661.0-0.89-0.83-0.87-0.53-0.74-0.92-0.8-0.94-0.670.96-0.39-0.89-0.9-0.85-0.9-0.87-0.770.64-0.96-0.9-0.64
1.0-0.81-0.911.00.930.990.80.760.990.960.960.79-0.910.48-0.891.00.981.00.960.58-0.680.930.910.65
1.0-0.82-0.911.00.930.990.790.730.990.960.970.74-0.90.47-0.91.00.971.00.960.63-0.670.930.90.62
0.99-0.81-0.870.980.930.990.870.830.950.980.910.87-0.890.53-0.850.980.970.970.950.47-0.710.920.910.75
1.0-0.81-0.911.00.930.980.780.720.990.950.980.74-0.90.46-0.91.01.00.970.960.63-0.660.930.90.61
0.96-0.92-0.880.961.00.990.830.750.920.980.90.72-0.820.69-0.870.960.960.950.960.59-0.510.940.960.63
0.58-0.52-0.740.580.540.550.270.410.640.490.680.11-0.610.15-0.770.580.630.470.630.59-0.460.710.550.3
-0.690.340.65-0.68-0.46-0.62-0.58-0.78-0.71-0.59-0.63-0.710.760.070.64-0.68-0.67-0.71-0.66-0.51-0.46-0.66-0.47-0.78
0.93-0.81-0.970.930.930.940.720.850.920.910.910.75-0.920.56-0.960.930.930.920.930.940.71-0.660.960.76
0.91-0.84-0.910.910.970.940.730.790.870.920.870.76-0.850.72-0.90.910.90.910.90.960.55-0.470.960.69
0.67-0.55-0.660.650.630.670.710.990.610.690.520.85-0.70.45-0.640.650.620.750.610.630.3-0.780.760.69
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Zhuhai Comleader Account Relationship Matchups

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Other Information on Investing in Zhuhai Stock

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