Zhejiang Net Receivables vs Long Term Debt Analysis

688203 Stock

10.49 0.21 2.04%

Zhejiang HISUN financial indicator trend analysis is more than just analyzing Zhejiang HISUN Bioma current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Zhejiang HISUN Bioma is a good investment. Please check the relationship between Zhejiang HISUN Net Receivables and its Long Term Debt accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Zhejiang HISUN Biomaterials. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Net Receivables vs Long Term Debt

Net Receivables vs Long Term Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Zhejiang HISUN Bioma Net Receivables account and Long Term Debt. At this time, the significance of the direction appears to have pay attention.

The correlation between Zhejiang HISUN's Net Receivables and Long Term Debt is -0.94. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Long Term Debt in the same time period over historical financial statements of Zhejiang HISUN Biomaterials, assuming nothing else is changed. The correlation between historical values of Zhejiang HISUN's Net Receivables 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 Net Receivables of Zhejiang HISUN Biomaterials 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 Net Receivables i.e., Zhejiang HISUN's Net Receivables and Long Term Debt go up and down completely randomly.

Correlation Coefficient

-0.94

Relationship Direction	Negative
Relationship Strength	Significant

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Net Receivables

Long Term Debt

Long-term debt is a debt that Zhejiang HISUN Bioma has held for over one year. Long-term debt appears on Zhejiang HISUN Biomaterials 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 HISUN Biomaterials 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 HISUN's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Zhejiang HISUN Bioma 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 HISUN Biomaterials. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

As of November 30, 2024, Tax Provision is expected to decline to about 6.5 M. In addition to that, Selling General Administrative is expected to decline to about 14.3 M

	2021	2022	2023	2024 (projected)
Interest Expense	10.8M	9.6M	7.5M	9.6M
Interest Income	3.5M	10.6M	19.9M	20.9M

Interest Expense Interest Income

Zhejiang HISUN fundamental ratios Correlations

	Net Debt	Short Term Investments	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Long Term Debt	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Capital Lease Obligations	Inventory	Other Current Assets	Total Liab	Net Invested Capital	Property Plant And Equipment Gross	Short Long Term Debt	Total Current Assets	Capital Stock	Net Working Capital	Intangible Assets
Net Debt		0.96	0.8	0.86	-0.11	0.8	0.89	0.84	0.85	0.37	0.9	-0.7	0.73	0.82	-0.26	-0.84	0.88	0.73	-0.38	0.82	0.89	0.64	0.56	0.82	0.56	0.85
Short Term Investments	0.96		0.7	0.78	-0.31	0.71	0.82	0.73	0.69	0.27	0.82	-0.5	0.54	0.7	-0.01	-0.72	0.82	0.6	-0.36	0.74	0.81	0.61	0.45	0.7	0.49	0.83
Total Assets	0.8	0.7		0.68	-0.18	1.0	0.92	0.94	0.92	0.78	0.92	-0.87	0.85	0.99	-0.35	-0.96	0.9	0.48	-0.53	0.99	0.93	0.34	0.91	0.99	0.91	0.81
Other Current Liab	0.86	0.78	0.68		-0.04	0.67	0.89	0.82	0.81	0.08	0.91	-0.6	0.71	0.72	-0.25	-0.8	0.9	0.92	-0.38	0.72	0.89	0.9	0.32	0.72	0.31	0.9
Total Current Liabilities	-0.11	-0.31	-0.18	-0.04		-0.25	-0.26	-0.14	0.15	-0.09	-0.21	-0.31	0.26	-0.05	-0.79	0.12	-0.31	0.33	0.41	-0.28	-0.23	-0.04	-0.13	-0.05	-0.3	-0.41
Total Stockholder Equity	0.8	0.71	1.0	0.67	-0.25		0.92	0.93	0.89	0.78	0.92	-0.84	0.81	0.98	-0.28	-0.95	0.9	0.45	-0.54	1.0	0.93	0.32	0.91	0.98	0.92	0.82
Property Plant And Equipment Net	0.89	0.82	0.92	0.89	-0.26	0.92		0.97	0.89	0.47	1.0	-0.74	0.81	0.91	-0.24	-0.96	1.0	0.69	-0.59	0.95	1.0	0.67	0.67	0.91	0.69	0.97
Retained Earnings	0.84	0.73	0.94	0.82	-0.14	0.93	0.97		0.9	0.57	0.97	-0.83	0.91	0.93	-0.42	-1.0	0.96	0.65	-0.68	0.95	0.97	0.59	0.75	0.93	0.74	0.9
Accounts Payable	0.85	0.69	0.92	0.81	0.15	0.89	0.89	0.9		0.6	0.91	-0.94	0.91	0.96	-0.55	-0.92	0.86	0.75	-0.32	0.89	0.91	0.5	0.76	0.96	0.7	0.75
Cash	0.37	0.27	0.78	0.08	-0.09	0.78	0.47	0.57	0.6		0.47	-0.74	0.59	0.75	-0.36	-0.62	0.43	-0.08	-0.32	0.72	0.5	-0.32	0.97	0.75	0.95	0.29
Non Current Assets Total	0.9	0.82	0.92	0.91	-0.21	0.92	1.0	0.97	0.91	0.47		-0.77	0.82	0.92	-0.27	-0.96	0.99	0.72	-0.55	0.94	1.0	0.67	0.67	0.92	0.68	0.96
Long Term Debt	-0.7	-0.5	-0.87	-0.6	-0.31	-0.84	-0.74	-0.83	-0.94	-0.74	-0.77		-0.94	-0.92	0.74	0.86	-0.7	-0.59	0.32	-0.82	-0.77	-0.27	-0.83	-0.92	-0.75	-0.55
Net Receivables	0.73	0.54	0.85	0.71	0.26	0.81	0.81	0.91	0.91	0.59	0.82	-0.94		0.88	-0.76	-0.92	0.77	0.68	-0.55	0.82	0.82	0.48	0.72	0.88	0.65	0.67
Common Stock Shares Outstanding	0.82	0.7	0.99	0.72	-0.05	0.98	0.91	0.93	0.96	0.75	0.92	-0.92	0.88		-0.43	-0.95	0.88	0.57	-0.43	0.97	0.93	0.37	0.88	1.0	0.86	0.78
Non Current Liabilities Total	-0.26	-0.01	-0.35	-0.25	-0.79	-0.28	-0.24	-0.42	-0.55	-0.36	-0.27	0.74	-0.76	-0.43		0.44	-0.18	-0.47	0.18	-0.27	-0.26	-0.14	-0.38	-0.43	-0.23	-0.05
Capital Lease Obligations	-0.84	-0.72	-0.96	-0.8	0.12	-0.95	-0.96	-1.0	-0.92	-0.62	-0.96	0.86	-0.92	-0.95	0.44		-0.95	-0.63	0.66	-0.96	-0.97	-0.54	-0.79	-0.95	-0.78	-0.88
Inventory	0.88	0.82	0.9	0.9	-0.31	0.9	1.0	0.96	0.86	0.43	0.99	-0.7	0.77	0.88	-0.18	-0.95		0.68	-0.61	0.94	0.99	0.69	0.64	0.88	0.67	0.98
Other Current Assets	0.73	0.6	0.48	0.92	0.33	0.45	0.69	0.65	0.75	-0.08	0.72	-0.59	0.68	0.57	-0.47	-0.63	0.68		-0.14	0.49	0.7	0.87	0.14	0.57	0.07	0.67
Total Liab	-0.38	-0.36	-0.53	-0.38	0.41	-0.54	-0.59	-0.68	-0.32	-0.32	-0.55	0.32	-0.55	-0.43	0.18	0.66	-0.61	-0.14		-0.58	-0.56	-0.38	-0.42	-0.43	-0.48	-0.63
Net Invested Capital	0.82	0.74	0.99	0.72	-0.28	1.0	0.95	0.95	0.89	0.72	0.94	-0.82	0.82	0.97	-0.27	-0.96	0.94	0.49	-0.58		0.96	0.4	0.87	0.97	0.88	0.86
Property Plant And Equipment Gross	0.89	0.81	0.93	0.89	-0.23	0.93	1.0	0.97	0.91	0.5	1.0	-0.77	0.82	0.93	-0.26	-0.97	0.99	0.7	-0.56	0.96		0.65	0.7	0.93	0.71	0.95
Short Long Term Debt	0.64	0.61	0.34	0.9	-0.04	0.32	0.67	0.59	0.5	-0.32	0.67	-0.27	0.48	0.37	-0.14	-0.54	0.69	0.87	-0.38	0.4	0.65		-0.08	0.37	-0.07	0.76
Total Current Assets	0.56	0.45	0.91	0.32	-0.13	0.91	0.67	0.75	0.76	0.97	0.67	-0.83	0.72	0.88	-0.38	-0.79	0.64	0.14	-0.42	0.87	0.7	-0.08		0.88	0.98	0.5
Capital Stock	0.82	0.7	0.99	0.72	-0.05	0.98	0.91	0.93	0.96	0.75	0.92	-0.92	0.88	1.0	-0.43	-0.95	0.88	0.57	-0.43	0.97	0.93	0.37	0.88		0.86	0.78
Net Working Capital	0.56	0.49	0.91	0.31	-0.3	0.92	0.69	0.74	0.7	0.95	0.68	-0.75	0.65	0.86	-0.23	-0.78	0.67	0.07	-0.48	0.88	0.71	-0.07	0.98	0.86		0.56
Intangible Assets	0.85	0.83	0.81	0.9	-0.41	0.82	0.97	0.9	0.75	0.29	0.96	-0.55	0.67	0.78	-0.05	-0.88	0.98	0.67	-0.63	0.86	0.95	0.76	0.5	0.78	0.56

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

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Zhejiang Net Receivables vs Long Term Debt Analysis

Net Receivables vs Long Term Debt

Net Receivables vs Long Term Debt Correlation Analysis

Correlation Coefficient

Net Receivables

Long Term Debt

Zhejiang HISUN fundamental ratios Correlations

Zhejiang HISUN Account Relationship Matchups

High Positive Relationship

High Negative Relationship

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Other Information on Investing in Zhejiang Stock

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Total Stockholder Equity	+ 1.0	Total Assets
Net Invested Capital	+ 1.0	Total Stockholder Equity
Non Current Assets Total	+ 1.0	Property Plant And Equipment Net
Inventory	+ 1.0	Property Plant And Equipment Net
Property Plant And Equipment Gross	+ 1.0	Property Plant And Equipment Net
Property Plant And Equipment Gross	+ 1.0	Non Current Assets Total

Capital Lease Obligations	- 1.0	Retained Earnings
Property Plant And Equipment Gross	- 0.97	Capital Lease Obligations
Net Invested Capital	- 0.96	Capital Lease Obligations
Capital Lease Obligations	- 0.96	Non Current Assets Total
Capital Lease Obligations	- 0.96	Property Plant And Equipment Net
Capital Lease Obligations	- 0.96	Total Assets