Zhejiang Property Plant And Equipment Net 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 Property Plant And Equipment Net 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.

Property Plant And Equipment Net vs Long Term Debt

Property Plant And Equipment Net 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 Property Plant And Equipment Net account and Long Term Debt. At this time, the significance of the direction appears to have pay attention.
The correlation between Zhejiang HISUN's Property Plant And Equipment Net and Long Term Debt is -0.74. Overlapping area represents the amount of variation of Property Plant And Equipment Net 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 Property Plant And Equipment Net 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 Property Plant And Equipment Net 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 Property Plant And Equipment Net i.e., Zhejiang HISUN's Property Plant And Equipment Net and Long Term Debt go up and down completely randomly.

Correlation Coefficient

-0.74
Relationship DirectionNegative 
Relationship StrengthWeak

Property Plant And Equipment Net

The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.

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 Expense10.8M9.6M7.5M9.6M
Interest Income3.5M10.6M19.9M20.9M

Zhejiang HISUN fundamental ratios Correlations

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-0.38-0.36-0.53-0.380.41-0.54-0.59-0.68-0.32-0.32-0.550.32-0.55-0.430.180.66-0.61-0.14-0.58-0.56-0.38-0.42-0.43-0.48-0.63
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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.