Lizhi Property Plant And Equipment Gross vs Short Term Debt Analysis

SOGP Stock

1.86 0.04 2.20%

Lizhi financial indicator trend analysis is infinitely more than just investigating Lizhi Inc recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Lizhi Inc is a good investment. Please check the relationship between Lizhi Property Plant And Equipment Gross and its Short Term Debt accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Lizhi Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.

Property Plant And Equipment Gross vs Short Term Debt

Property Plant And Equipment Gross vs Short Term Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Lizhi Inc Property Plant And Equipment Gross account and Short Term Debt. At this time, the significance of the direction appears to have almost identical trend.

The correlation between Lizhi's Property Plant And Equipment Gross and Short Term Debt is 0.98. Overlapping area represents the amount of variation of Property Plant And Equipment Gross that can explain the historical movement of Short Term Debt in the same time period over historical financial statements of Lizhi Inc, assuming nothing else is changed. The correlation between historical values of Lizhi's Property Plant And Equipment Gross and Short 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 Gross of Lizhi Inc are associated (or correlated) with its Short Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Term Debt has no effect on the direction of Property Plant And Equipment Gross i.e., Lizhi's Property Plant And Equipment Gross and Short Term Debt go up and down completely randomly.

Correlation Coefficient

0.98

Relationship Direction	Positive
Relationship Strength	Very Strong

View All Relationships

Property Plant And Equipment Gross

Short Term Debt

Most indicators from Lizhi's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Lizhi Inc 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 World Market Map to better understand how to build diversified portfolios, which includes a position in Lizhi Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.

At this time, Lizhi's Tax Provision is relatively stable compared to the past year. As of 11/28/2024, Selling General Administrative is likely to grow to about 453.1 M, while Issuance Of Capital Stock is likely to drop 0.00.

	2021	2022	2023	2024 (projected)
Gross Profit	95.7M	106.4M	585.4M	614.6M
Total Revenue	328.6M	324.5M	2.1B	2.2B

Gross Profit Total Revenue

Lizhi fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Net Invested Capital	Property Plant And Equipment Gross	Total Current Assets	Capital Stock	Net Working Capital	Short Term Debt
Total Assets		-0.02	1.0	1.0	1.0	0.74	-0.7	-0.99	0.48	1.0	1.0	0.89	0.71	0.04	0.99	-0.68	0.65	0.08	0.67	1.0	0.67	0.67	1.0	0.68	0.65	0.7
Other Current Liab	-0.02		-0.04	-0.01	-0.06	0.28	0.04	0.04	-0.36	-0.03	-0.07	0.26	0.01	-0.19	-0.03	0.15	0.09	0.24	-0.13	-0.04	-0.11	0.05	-0.02	-0.11	0.09	0.01
Total Current Liabilities	1.0	-0.04		1.0	1.0	0.71	-0.67	-0.99	0.45	1.0	1.0	0.9	0.68	0.0	0.99	-0.64	0.62	0.03	0.64	1.0	0.64	0.63	1.0	0.65	0.61	0.66
Total Stockholder Equity	1.0	-0.01	1.0		1.0	0.75	-0.72	-0.99	0.5	1.0	1.0	0.88	0.73	0.05	0.98	-0.69	0.66	0.1	0.69	1.0	0.69	0.69	1.0	0.7	0.67	0.71
Property Plant And Equipment Net	1.0	-0.06	1.0	1.0		0.71	-0.68	-0.99	0.47	1.0	1.0	0.89	0.69	0.05	0.99	-0.66	0.64	0.06	0.65	1.0	0.65	0.66	1.0	0.66	0.63	0.68
Current Deferred Revenue	0.74	0.28	0.71	0.75	0.71		-0.85	-0.69	0.58	0.73	0.7	0.59	0.94	0.39	0.65	-0.8	0.93	0.57	0.86	0.71	0.81	0.88	0.74	0.84	0.9	0.93
Net Debt	-0.7	0.04	-0.67	-0.72	-0.68	-0.85		0.6	-0.89	-0.69	-0.67	-0.39	-0.97	-0.67	-0.57	0.97	-0.88	-0.71	-0.97	-0.67	-0.98	-0.99	-0.7	-0.98	-0.98	-0.97
Retained Earnings	-0.99	0.04	-0.99	-0.99	-0.99	-0.69	0.6		-0.37	-0.99	-0.99	-0.92	-0.63	0.07	-1.0	0.58	-0.59	0.04	-0.58	-0.99	-0.58	-0.57	-0.99	-0.59	-0.55	-0.62
Accounts Payable	0.48	-0.36	0.45	0.5	0.47	0.58	-0.89	-0.37		0.47	0.46	0.04	0.83	0.67	0.35	-0.95	0.65	0.6	0.92	0.45	0.94	0.84	0.48	0.93	0.86	0.82
Cash	1.0	-0.03	1.0	1.0	1.0	0.73	-0.69	-0.99	0.47		1.0	0.89	0.7	0.03	0.99	-0.67	0.65	0.07	0.66	1.0	0.66	0.66	1.0	0.67	0.64	0.69
Non Current Assets Total	1.0	-0.07	1.0	1.0	1.0	0.7	-0.67	-0.99	0.46	1.0		0.89	0.68	0.03	0.99	-0.65	0.63	0.05	0.64	1.0	0.64	0.64	1.0	0.65	0.61	0.67
Non Currrent Assets Other	0.89	0.26	0.9	0.88	0.89	0.59	-0.39	-0.92	0.04	0.89	0.89		0.42	-0.23	0.93	-0.31	0.46	-0.11	0.32	0.9	0.31	0.39	0.89	0.32	0.36	0.41
Cash And Short Term Investments	0.71	0.01	0.68	0.73	0.69	0.94	-0.97	-0.63	0.83	0.7	0.68	0.42		0.58	0.59	-0.95	0.93	0.66	0.98	0.68	0.96	0.97	0.71	0.97	0.98	1.0
Net Receivables	0.04	-0.19	0.0	0.05	0.05	0.39	-0.67	0.07	0.67	0.03	0.03	-0.23	0.58		-0.1	-0.58	0.65	0.9	0.59	0.01	0.59	0.7	0.04	0.6	0.62	0.62
Common Stock Shares Outstanding	0.99	-0.03	0.99	0.98	0.99	0.65	-0.57	-1.0	0.35	0.99	0.99	0.93	0.59	-0.1		-0.55	0.55	-0.07	0.55	0.99	0.55	0.54	0.99	0.56	0.52	0.58
Non Current Liabilities Total	-0.68	0.15	-0.64	-0.69	-0.66	-0.8	0.97	0.58	-0.95	-0.67	-0.65	-0.31	-0.95	-0.58	-0.55		-0.8	-0.61	-0.99	-0.65	-1.0	-0.94	-0.68	-1.0	-0.96	-0.94
Inventory	0.65	0.09	0.62	0.66	0.64	0.93	-0.88	-0.59	0.65	0.65	0.63	0.46	0.93	0.65	0.55	-0.8		0.71	0.86	0.63	0.81	0.93	0.65	0.84	0.89	0.95
Other Current Assets	0.08	0.24	0.03	0.1	0.06	0.57	-0.71	0.04	0.6	0.07	0.05	-0.11	0.66	0.9	-0.07	-0.61	0.71		0.62	0.04	0.63	0.77	0.08	0.64	0.73	0.69
Other Stockholder Equity	0.67	-0.13	0.64	0.69	0.65	0.86	-0.97	-0.58	0.92	0.66	0.64	0.32	0.98	0.59	0.55	-0.99	0.86	0.62		0.64	0.99	0.95	0.67	1.0	0.97	0.97
Total Liab	1.0	-0.04	1.0	1.0	1.0	0.71	-0.67	-0.99	0.45	1.0	1.0	0.9	0.68	0.01	0.99	-0.65	0.63	0.04	0.64		0.64	0.64	1.0	0.65	0.62	0.67
Net Invested Capital	0.67	-0.11	0.64	0.69	0.65	0.81	-0.98	-0.58	0.94	0.66	0.64	0.31	0.96	0.59	0.55	-1.0	0.81	0.63	0.99	0.64		0.95	0.67	1.0	0.97	0.95
Property Plant And Equipment Gross	0.67	0.05	0.63	0.69	0.66	0.88	-0.99	-0.57	0.84	0.66	0.64	0.39	0.97	0.7	0.54	-0.94	0.93	0.77	0.95	0.64	0.95		0.67	0.96	0.98	0.98
Total Current Assets	1.0	-0.02	1.0	1.0	1.0	0.74	-0.7	-0.99	0.48	1.0	1.0	0.89	0.71	0.04	0.99	-0.68	0.65	0.08	0.67	1.0	0.67	0.67		0.68	0.65	0.7
Capital Stock	0.68	-0.11	0.65	0.7	0.66	0.84	-0.98	-0.59	0.93	0.67	0.65	0.32	0.97	0.6	0.56	-1.0	0.84	0.64	1.0	0.65	1.0	0.96	0.68		0.98	0.97
Net Working Capital	0.65	0.09	0.61	0.67	0.63	0.9	-0.98	-0.55	0.86	0.64	0.61	0.36	0.98	0.62	0.52	-0.96	0.89	0.73	0.97	0.62	0.97	0.98	0.65	0.98		0.98
Short Term Debt	0.7	0.01	0.66	0.71	0.68	0.93	-0.97	-0.62	0.82	0.69	0.67	0.41	1.0	0.62	0.58	-0.94	0.95	0.69	0.97	0.67	0.95	0.98	0.7	0.97	0.98

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Lizhi Account Relationship Matchups

Pair Trading with Lizhi

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Lizhi position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Lizhi will appreciate offsetting losses from the drop in the long position's value.

Moving together with Lizhi Stock

0.85	BZ	Kanzhun Ltd ADR	Pair Corr
0.82	WB	Weibo Corp	Pair Corr

Moving against Lizhi Stock

0.38	MNY	MoneyHero Limited Class	Pair Corr
0.33	GENI	Genius Sports	Pair Corr

The ability to find closely correlated positions to Lizhi could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Lizhi when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Lizhi - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Lizhi Inc to buy it.

The correlation of Lizhi is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Lizhi moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Lizhi Inc moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for Lizhi can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

Additional Tools for Lizhi Stock Analysis

When running Lizhi's price analysis, check to measure Lizhi'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 Lizhi is operating at the current time. Most of Lizhi's value examination focuses on studying past and present price action to predict the probability of Lizhi's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Lizhi's price. Additionally, you may evaluate how the addition of Lizhi to your portfolios can decrease your overall portfolio volatility.

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