CNET Accounts Payable vs Total Stockholder Equity Analysis

CNET Stock  USD 1.70  0.04  2.41%   
ZW Data financial indicator trend analysis is more than just analyzing ZW Data Action current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether ZW Data Action is a good investment. Please check the relationship between ZW Data Accounts Payable and its Total Stockholder Equity accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in ZW Data Action. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.

Accounts Payable vs Total Stockholder Equity

Accounts Payable vs Total Stockholder Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of ZW Data Action Accounts Payable account and Total Stockholder Equity. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between ZW Data's Accounts Payable and Total Stockholder Equity is -0.19. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Total Stockholder Equity in the same time period over historical financial statements of ZW Data Action, assuming nothing else is changed. The correlation between historical values of ZW Data's Accounts Payable and Total Stockholder Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Accounts Payable of ZW Data Action are associated (or correlated) with its Total Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Stockholder Equity has no effect on the direction of Accounts Payable i.e., ZW Data's Accounts Payable and Total Stockholder Equity go up and down completely randomly.

Correlation Coefficient

-0.19
Relationship DirectionNegative 
Relationship StrengthInsignificant

Accounts Payable

An accounting item on the balance sheet that represents ZW Data obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of ZW Data Action are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.
Most indicators from ZW Data's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into ZW Data Action 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 ZW Data Action. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.
At this time, ZW Data's Selling General Administrative is comparatively stable compared to the past year. Sales General And Administrative To Revenue is likely to gain to 0.14 in 2024, whereas Tax Provision is likely to drop (1.1 K) in 2024.
 2020 2021 2023 2024 (projected)
Cost Of Revenue37.8M47.2M31.0M35.1M
Research Development539K326K17K16.2K

ZW Data fundamental ratios Correlations

0.810.590.990.59-0.870.74-0.080.860.980.860.39-0.440.7-0.330.780.240.970.620.86-0.440.740.920.250.560.88
0.810.690.790.24-0.630.620.110.60.790.60.07-0.430.42-0.360.73-0.010.810.30.63-0.470.660.830.10.50.89
0.590.690.510.18-0.390.150.480.420.560.420.35-0.030.250.090.880.070.630.440.47-0.740.330.660.30.80.72
0.990.790.510.58-0.880.77-0.190.870.980.870.39-0.470.69-0.380.710.220.960.60.86-0.380.750.930.260.50.85
0.590.240.180.58-0.510.22-0.180.60.570.60.440.140.930.170.450.80.580.410.66-0.230.530.44-0.190.320.3
-0.87-0.63-0.39-0.88-0.51-0.690.14-0.99-0.83-0.99-0.30.4-0.690.35-0.59-0.2-0.87-0.5-0.610.28-0.79-0.78-0.34-0.39-0.75
0.740.620.150.770.22-0.69-0.140.620.770.62-0.14-0.90.37-0.870.36-0.20.660.360.610.190.440.640.18-0.080.73
-0.080.110.48-0.19-0.180.14-0.14-0.08-0.11-0.08-0.22-0.06-0.070.090.45-0.14-0.090.08-0.18-0.19-0.2-0.150.00.180.25
0.860.60.420.870.6-0.990.62-0.080.831.00.33-0.320.76-0.250.640.290.860.530.63-0.310.780.770.320.430.74
0.980.790.560.980.57-0.830.77-0.110.830.830.33-0.50.64-0.380.760.20.930.610.91-0.40.640.930.290.510.85
0.860.60.420.870.6-0.990.62-0.081.00.830.33-0.320.76-0.250.640.290.860.530.63-0.310.780.770.320.430.74
0.390.070.350.390.44-0.3-0.14-0.220.330.330.330.390.40.480.380.430.450.580.39-0.590.450.310.330.690.19
-0.44-0.43-0.03-0.470.140.4-0.9-0.06-0.32-0.5-0.320.39-0.020.92-0.190.52-0.33-0.24-0.34-0.36-0.12-0.36-0.220.29-0.56
0.70.420.250.690.93-0.690.37-0.070.760.640.760.4-0.020.020.540.670.710.450.63-0.250.750.5-0.130.340.49
-0.33-0.360.09-0.380.170.35-0.870.09-0.25-0.38-0.250.480.920.020.020.49-0.27-0.03-0.23-0.53-0.1-0.29-0.060.45-0.44
0.780.730.880.710.45-0.590.360.450.640.760.640.38-0.190.540.020.220.760.620.66-0.670.480.720.320.750.85
0.24-0.010.070.220.8-0.2-0.2-0.140.290.20.290.430.520.670.490.220.280.290.39-0.230.30.16-0.340.27-0.04
0.970.810.630.960.58-0.870.66-0.090.860.930.860.45-0.330.71-0.270.760.280.570.79-0.50.820.910.190.610.85
0.620.30.440.60.41-0.50.360.080.530.610.530.58-0.240.45-0.030.620.290.570.66-0.310.380.470.480.460.49
0.860.630.470.860.66-0.610.61-0.180.630.910.630.39-0.340.63-0.230.660.390.790.66-0.340.450.820.20.460.65
-0.44-0.47-0.74-0.38-0.230.280.19-0.19-0.31-0.4-0.31-0.59-0.36-0.25-0.53-0.67-0.23-0.5-0.31-0.34-0.4-0.54-0.21-0.97-0.37
0.740.660.330.750.53-0.790.44-0.20.780.640.780.45-0.120.75-0.10.480.30.820.380.45-0.40.60.060.450.63
0.920.830.660.930.44-0.780.64-0.150.770.930.770.31-0.360.5-0.290.720.160.910.470.82-0.540.60.260.630.8
0.250.10.30.26-0.19-0.340.180.00.320.290.320.33-0.22-0.13-0.060.32-0.340.190.480.2-0.210.060.260.290.31
0.560.50.80.50.32-0.39-0.080.180.430.510.430.690.290.340.450.750.270.610.460.46-0.970.450.630.290.47
0.880.890.720.850.3-0.750.730.250.740.850.740.19-0.560.49-0.440.85-0.040.850.490.65-0.370.630.80.310.47
Click cells to compare fundamentals

ZW Data Account Relationship Matchups

ZW Data fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets18.6M20.7M32.6M19.7M11.2M10.7M
Other Current Liab4.0M2.3M2.6M1.1M2.4M3.1M
Total Current Liabilities7.0M8.0M8.8M5.7M4.9M9.3M
Total Stockholder Equity11.5M12.5M21.8M12.3M6.3M5.9M
Property Plant And Equipment Net90K108K2.4M2.0M237K225.2K
Net Debt(912K)(3.9M)(4.8M)(2.3M)(570K)(598.5K)
Retained Earnings(35.8M)(41.0M)(43.7M)(53.5M)(59.7M)(62.7M)
Accounts Payable408K608K1.1M205K201K191.0K
Cash1.6M4.3M7.2M4.4M817K776.2K
Non Current Assets Total6.6M7.8M12.7M7.3M2.3M2.2M
Cash And Short Term Investments1.6M4.3M7.2M4.4M817K776.2K
Common Stock Total Equity14K16K20K26K23.4K22.2K
Common Stock Shares Outstanding3.4M4.3M6.6M7.1M7.2M7.6M
Liabilities And Stockholders Equity18.6M20.7M32.6M19.7M11.2M10.7M
Non Current Liabilities Total125K166K2.0M1.7M124K117.8K
Other Stockholder Equity43.1M49.8M61.8M62.0M62.1M48.0M
Total Liab7.1M8.2M10.9M7.4M5.0M4.7M
Property Plant And Equipment Gross90K60K4.7M2.0M2.1M1.2M
Total Current Assets11.9M12.9M19.9M12.3M9.0M14.6M
Accumulated Other Comprehensive Income4.1M3.7M3.7M3.8M3.9M2.2M
Common Stock20K26K35K7K6.3K6.0K
Intangible Assets1.9M2.6M7.5M3.3M841K799.0K
Short Long Term Debt Total691K387K2.4M2.1M247K234.7K
Net Tangible Assets11.5M10.0M14.2M9.0M8.1M12.5M
Noncontrolling Interest In Consolidated Entity177K(49K)(57K)(66K)(59.4K)(56.4K)
Other Assets713K5.2M516K475K1.00.95
Net Receivables3.3M3.9M3.5M1.7M844K801.8K
Retained Earnings Total Equity(20.5M)(34.5M)(35.8M)(41.0M)(36.9M)(35.0M)
Inventory2.9M1.8M7.6M4.6M4.1M4.0M
Other Current Assets4.1M6.1M9.2M6.2M7.3M7.7M
Long Term Investments35K67K2.3M1.6M794K957.6K
Short Term Debt566K221K354K448K123K116.9K
Property Plant Equipment78K60K2.4M2.0M1.8M1.9M
Current Deferred Revenue2.0M1.4M1.2M739K843K1.5M

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Additional Tools for CNET Stock Analysis

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