CNET Common Stock Total Equity vs Property Plant And Equipment Net 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 Common Stock Total Equity and its Property Plant And Equipment Net 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.

Common Stock Total Equity vs Property Plant And Equipment Net

Common Stock Total Equity vs Property Plant And Equipment Net Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of ZW Data Action Common Stock Total Equity account and Property Plant And Equipment Net. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between ZW Data's Common Stock Total Equity and Property Plant And Equipment Net is 0.44. Overlapping area represents the amount of variation of Common Stock Total Equity that can explain the historical movement of Property Plant And Equipment Net 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 Common Stock Total Equity and Property Plant And Equipment Net is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock Total Equity of ZW Data Action are associated (or correlated) with its Property Plant And Equipment Net. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant And Equipment Net has no effect on the direction of Common Stock Total Equity i.e., ZW Data's Common Stock Total Equity and Property Plant And Equipment Net go up and down completely randomly.

Correlation Coefficient

0.44
Relationship DirectionPositive 
Relationship StrengthWeak

Common Stock Total Equity

The total value of common stock equity held by shareholders, representing their ownership interest in the company.

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.
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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