Zhong Net Receivables vs Total Liab Analysis

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USD 1.63 0.03 1.81%

Zhong Yang financial indicator trend analysis is more than just analyzing Zhong Yang Financial current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Zhong Yang Financial is a good investment. Please check the relationship between Zhong Yang Net Receivables and its Total Liab accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Zhong Yang Financial. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.

Net Receivables vs Total Liab

Net Receivables vs Total Liab Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Zhong Yang Financial Net Receivables account and Total Liab. At this time, the significance of the direction appears to have fragmental relationship.

The correlation between Zhong Yang's Net Receivables and Total Liab is 0.41. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Total Liab in the same time period over historical financial statements of Zhong Yang Financial, assuming nothing else is changed. The correlation between historical values of Zhong Yang's Net Receivables and Total Liab is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Receivables of Zhong Yang Financial are associated (or correlated) with its Total Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Liab has no effect on the direction of Net Receivables i.e., Zhong Yang's Net Receivables and Total Liab go up and down completely randomly.

Correlation Coefficient

0.41

Relationship Direction	Positive
Relationship Strength	Weak

View All Relationships

Net Receivables

Total Liab

The total amount of all liabilities that a company has, including both short-term and long-term liabilities.

Most indicators from Zhong Yang's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Zhong Yang Financial 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 Zhong Yang Financial. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.

At this time, Zhong Yang's Issuance Of Capital Stock is relatively stable compared to the past year. As of 11/22/2024, Sales General And Administrative To Revenue is likely to grow to 0.29, though Tax Provision is likely to grow to (60.5 K).

	2021	2022	2023	2024 (projected)
Gross Profit	4.5M	5.9M	4.4M	5.3M
Total Revenue	7.8M	9.7M	8.0M	9.4M

Gross Profit Total Revenue

Zhong Yang fundamental ratios Correlations

	Other Current Liab	Total Current Liabilities	Net Tangible Assets	Retained Earnings	Accounts Payable	Other Assets	Net Receivables	Other Current Assets	Other Stockholder Equity	Total Current Assets	Common Stock	Property Plant Equipment	Total Assets	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Total Liab	Net Invested Capital	Long Term Investments
Other Current Liab		-0.01	-0.66	-0.68	-0.01	-0.74	-0.39	-0.47	-0.76	-0.33	0.59	-0.76	-0.67	-0.63	-0.55	0.86	-0.86	-0.93	-0.93	-0.86	0.84	-0.71	-0.85	-0.81	-0.63	-0.61
Total Current Liabilities	-0.01		-0.38	-0.3	1.0	-0.01	-0.08	0.46	-0.09	-0.08	0.67	-0.27	0.15	-0.02	-0.24	-0.03	0.02	0.18	0.25	0.02	-0.07	0.62	0.13	0.49	-0.02	-0.18
Net Tangible Assets	-0.66	-0.38		0.97	-0.4	0.72	0.74	-0.01	0.77	0.68	-0.75	0.89	0.79	0.84	0.89	-0.75	0.73	0.61	0.54	0.73	-0.43	0.1	0.66	0.32	0.84	0.89
Retained Earnings	-0.68	-0.3	0.97		-0.32	0.85	0.85	0.1	0.88	0.82	-0.7	0.92	0.88	0.93	0.96	-0.85	0.83	0.7	0.62	0.83	-0.54	0.2	0.77	0.42	0.93	0.96
Accounts Payable	-0.01	1.0	-0.4	-0.32		-0.04	-0.13	0.49	-0.12	-0.12	0.69	-0.28	0.12	-0.06	-0.27	-0.01	-0.01	0.16	0.24	-0.01	-0.05	0.61	0.1	0.48	-0.06	-0.21
Other Assets	-0.74	-0.01	0.72	0.85	-0.04		0.86	0.38	0.99	0.85	-0.51	0.86	0.91	0.93	0.88	-0.98	0.98	0.89	0.83	0.98	-0.82	0.55	0.97	0.73	0.93	0.91
Net Receivables	-0.39	-0.08	0.74	0.85	-0.13	0.86		0.0	0.86	0.97	-0.46	0.72	0.89	0.93	0.91	-0.78	0.76	0.58	0.51	0.76	-0.46	0.22	0.74	0.41	0.93	0.92
Other Current Assets	-0.47	0.46	-0.01	0.1	0.49	0.38	0.0		0.31	0.16	0.35	0.29	0.34	0.28	0.19	-0.43	0.44	0.51	0.53	0.44	-0.48	0.55	0.47	0.56	0.28	0.22
Other Stockholder Equity	-0.76	-0.09	0.77	0.88	-0.12	0.99	0.86	0.31		0.84	-0.6	0.88	0.9	0.93	0.89	-0.98	0.98	0.88	0.83	0.98	-0.82	0.52	0.96	0.71	0.93	0.92
Total Current Assets	-0.33	-0.08	0.68	0.82	-0.12	0.85	0.97	0.16	0.84		-0.33	0.71	0.87	0.93	0.93	-0.75	0.73	0.53	0.45	0.73	-0.43	0.15	0.7	0.35	0.93	0.93
Common Stock	0.59	0.67	-0.75	-0.7	0.69	-0.51	-0.46	0.35	-0.6	-0.33		-0.65	-0.38	-0.46	-0.54	0.54	-0.55	-0.48	-0.43	-0.55	0.49	-0.06	-0.48	-0.21	-0.46	-0.54
Property Plant Equipment	-0.76	-0.27	0.89	0.92	-0.28	0.86	0.72	0.29	0.88	0.71	-0.65		0.79	0.84	0.9	-0.88	0.88	0.79	0.72	0.88	-0.71	0.32	0.83	0.55	0.84	0.88
Total Assets	-0.67	0.15	0.79	0.88	0.12	0.91	0.89	0.34	0.9	0.87	-0.38	0.79		0.98	0.9	-0.91	0.88	0.79	0.74	0.88	-0.59	0.48	0.87	0.65	0.98	0.94
Total Stockholder Equity	-0.63	-0.02	0.84	0.93	-0.06	0.93	0.93	0.28	0.93	0.93	-0.46	0.84	0.98		0.96	-0.9	0.87	0.74	0.68	0.87	-0.57	0.35	0.85	0.55	1.0	0.98
Property Plant And Equipment Net	-0.55	-0.24	0.89	0.96	-0.27	0.88	0.91	0.19	0.89	0.93	-0.54	0.9	0.9	0.96		-0.84	0.82	0.65	0.56	0.82	-0.52	0.16	0.77	0.4	0.96	0.99
Net Debt	0.86	-0.03	-0.75	-0.85	-0.01	-0.98	-0.78	-0.43	-0.98	-0.75	0.54	-0.88	-0.91	-0.9	-0.84		-1.0	-0.95	-0.92	-1.0	0.87	-0.64	-0.99	-0.81	-0.9	-0.88
Cash	-0.86	0.02	0.73	0.83	-0.01	0.98	0.76	0.44	0.98	0.73	-0.55	0.88	0.88	0.87	0.82	-1.0		0.96	0.92	1.0	-0.89	0.66	0.99	0.82	0.87	0.85
Non Current Assets Total	-0.93	0.18	0.61	0.7	0.16	0.89	0.58	0.51	0.88	0.53	-0.48	0.79	0.79	0.74	0.65	-0.95	0.96		0.99	0.96	-0.93	0.82	0.97	0.93	0.74	0.7
Non Currrent Assets Other	-0.93	0.25	0.54	0.62	0.24	0.83	0.51	0.53	0.83	0.45	-0.43	0.72	0.74	0.68	0.56	-0.92	0.92	0.99		0.92	-0.93	0.87	0.95	0.96	0.68	0.62
Cash And Short Term Investments	-0.86	0.02	0.73	0.83	-0.01	0.98	0.76	0.44	0.98	0.73	-0.55	0.88	0.88	0.87	0.82	-1.0	1.0	0.96	0.92		-0.89	0.66	0.99	0.82	0.87	0.85
Common Stock Shares Outstanding	0.84	-0.07	-0.43	-0.54	-0.05	-0.82	-0.46	-0.48	-0.82	-0.43	0.49	-0.71	-0.59	-0.57	-0.52	0.87	-0.89	-0.93	-0.93	-0.89		-0.78	-0.91	-0.88	-0.57	-0.55
Non Current Liabilities Total	-0.71	0.62	0.1	0.2	0.61	0.55	0.22	0.55	0.52	0.15	-0.06	0.32	0.48	0.35	0.16	-0.64	0.66	0.82	0.87	0.66	-0.78		0.73	0.96	0.35	0.23
Inventory	-0.85	0.13	0.66	0.77	0.1	0.97	0.74	0.47	0.96	0.7	-0.48	0.83	0.87	0.85	0.77	-0.99	0.99	0.97	0.95	0.99	-0.91	0.73		0.87	0.85	0.81
Total Liab	-0.81	0.49	0.32	0.42	0.48	0.73	0.41	0.56	0.71	0.35	-0.21	0.55	0.65	0.55	0.4	-0.81	0.82	0.93	0.96	0.82	-0.88	0.96	0.87		0.55	0.45
Net Invested Capital	-0.63	-0.02	0.84	0.93	-0.06	0.93	0.93	0.28	0.93	0.93	-0.46	0.84	0.98	1.0	0.96	-0.9	0.87	0.74	0.68	0.87	-0.57	0.35	0.85	0.55		0.98
Long Term Investments	-0.61	-0.18	0.89	0.96	-0.21	0.91	0.92	0.22	0.92	0.93	-0.54	0.88	0.94	0.98	0.99	-0.88	0.85	0.7	0.62	0.85	-0.55	0.23	0.81	0.45	0.98

Click cells to compare fundamentals

Zhong Yang Account Relationship Matchups

Zhong Yang fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Other Current Liab	722.4K	(3.4M)	(3.3M)	688.6K	(10.3M)	(9.7M)
Total Current Liabilities	6.9M	3.5M	3.4M	4.2M	10.9M	6.9M
Retained Earnings	3.4M	3.8M	7.3M	10.7M	11.7M	7.0M
Accounts Payable	6.1M	3.3M	3.3M	3.5M	10.3M	6.3M
Other Assets	190.8K	155.6K	296.5K	26.6M	30.6M	32.1M
Net Receivables	8.0M	2.7M	3.6M	17.4M	13.8M	9.1M
Other Current Assets	(12.9M)	2.0M	1.8M	1.9M	12.8M	13.4M
Total Current Assets	12.9M	9.5M	11.6M	35.2M	25.9M	19.8M

Pair Trading with Zhong Yang

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 Zhong Yang 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 Zhong Yang will appreciate offsetting losses from the drop in the long position's value.

Moving against Zhong Stock

0.55	V	Visa Class A	Pair Corr
0.47	BX	Blackstone Group Normal Trading	Pair Corr
0.41	MA	Mastercard	Pair Corr
0.35	DIST	Distoken Acquisition	Pair Corr
0.35	MC	Moelis Potential Growth	Pair Corr

The ability to find closely correlated positions to Zhong Yang could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Zhong Yang 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 Zhong Yang - 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 Zhong Yang Financial to buy it.

The correlation of Zhong Yang 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 Zhong Yang moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Zhong Yang Financial 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 Zhong Yang 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 Zhong Stock Analysis

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

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