Jianzhi Capital Lease Obligations vs Total Current Liabilities Analysis
| JZ Stock | USD 1.05 0.11 9.48% |
Jianzhi Education financial indicator trend analysis is infinitely more than just investigating Jianzhi Education recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Jianzhi Education is a good investment. Please check the relationship between Jianzhi Education Capital Lease Obligations and its Total Current Liabilities accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Jianzhi Education Technology. 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.
Capital Lease Obligations vs Total Current Liabilities
Capital Lease Obligations vs Total Current Liabilities Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Jianzhi Education Capital Lease Obligations account and Total Current Liabilities. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Jianzhi Education's Capital Lease Obligations and Total Current Liabilities is -0.65. Overlapping area represents the amount of variation of Capital Lease Obligations that can explain the historical movement of Total Current Liabilities in the same time period over historical financial statements of Jianzhi Education Technology, assuming nothing else is changed. The correlation between historical values of Jianzhi Education's Capital Lease Obligations and Total Current Liabilities is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Capital Lease Obligations of Jianzhi Education Technology are associated (or correlated) with its Total Current Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Liabilities has no effect on the direction of Capital Lease Obligations i.e., Jianzhi Education's Capital Lease Obligations and Total Current Liabilities go up and down completely randomly.
Correlation Coefficient | -0.65 |
| Relationship Direction | Negative |
| Relationship Strength | Weak |
Capital Lease Obligations
Jianzhi Education capital lease obligations are the amount due for long-term lease agreements that are nearly equivalent to Jianzhi Education asset purchases. For example, Jianzhi Education can use a capital lease to finance the purchase of an asset without ever buying it. A capital lease gives companies such as Jianzhi Education 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.Total Current Liabilities
Total Current Liabilities is an item on Jianzhi Education balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Jianzhi Education Technology are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.Most indicators from Jianzhi Education's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Jianzhi Education 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 Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Jianzhi Education Technology. 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. At this time, Jianzhi Education's Tax Provision is fairly stable compared to the past year. Sales General And Administrative To Revenue is likely to rise to 0.1 in 2024, whereas Selling General Administrative is likely to drop slightly above 21.1 M in 2024.
| 2021 | 2023 | 2024 (projected) | Interest Expense | 4.4M | 5.1M | 3.7M | Depreciation And Amortization | 54.4M | 66.5M | 49.0M |
Jianzhi Education fundamental ratios Correlations
Click cells to compare fundamentals
Jianzhi Education Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Additional Tools for Jianzhi Stock Analysis
When running Jianzhi Education's price analysis, check to measure Jianzhi Education's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Jianzhi Education is operating at the current time. Most of Jianzhi Education's value examination focuses on studying past and present price action to predict the probability of Jianzhi Education's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Jianzhi Education's price. Additionally, you may evaluate how the addition of Jianzhi Education to your portfolios can decrease your overall portfolio volatility.