Zenith Historical Balance Sheet

ZENITHSTL   9.04  0.12  1.35%   
Trend analysis of Zenith Steel Pipes balance sheet accounts such as Total Assets of 3.2 B, Short Long Term Debt Total of 2.1 B, Other Current Liabilities of 865 M or Total Current Liabilities of 3.8 B provides information on Zenith Steel's total assets, liabilities, and equity, which is the actual value of Zenith Steel Pipes to its prevalent stockholders. By breaking down trends over time using Zenith Steel balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
 
Yuan Drop
 
Covid
Financial Statement Analysis is much more than just reviewing and examining Zenith Steel Pipes latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Zenith Steel Pipes is a good buy for the upcoming year.

Zenith Steel Inventory

188.71 Million

  
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Zenith Steel Pipes. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.

About Zenith Balance Sheet Analysis

Balance Sheet is a snapshot of the financial position of Zenith Steel Pipes at a specified time, usually calculated after every quarter, six months, or one year. Zenith Steel Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Zenith Steel and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Zenith currently owns. An asset can also be divided into two categories, current and non-current.

Zenith Steel Balance Sheet Chart

At this time, Zenith Steel's Short Term Debt is comparatively stable compared to the past year. Other Assets is likely to gain to about 24.4 M in 2024, whereas Other Current Liabilities is likely to drop slightly above 865 M in 2024.

Total Current Liabilities

Total Current Liabilities is an item on Zenith Steel balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Zenith Steel Pipes 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.

Non Current Assets Total

The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.

Total Liab

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

Intangible Assets

Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.
Most accounts from Zenith Steel's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Zenith Steel Pipes current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Zenith Steel Pipes. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
At this time, Zenith Steel's Short Term Debt is comparatively stable compared to the past year. Other Assets is likely to gain to about 24.4 M in 2024, whereas Other Current Liabilities is likely to drop slightly above 865 M in 2024.
 2021 2022 2023 2024 (projected)
Short and Long Term Debt Total2.1B2.2B2.2B2.1B
Total Assets1.9B1.7B1.8B3.2B

Zenith Steel balance sheet Correlations

-0.530.11-0.260.950.86-0.680.860.940.680.860.9-0.330.720.810.09-0.56-0.010.98-0.34-0.090.640.63-0.510.93-0.23
-0.53-0.620.62-0.63-0.180.97-0.77-0.31-0.47-0.77-0.490.45-0.65-0.860.580.350.52-0.560.440.62-0.59-0.630.29-0.58-0.38
0.11-0.62-0.670.270.04-0.540.310.060.110.310.22-0.490.490.37-0.53-0.48-0.650.12-0.48-0.580.010.17-0.260.27-0.08
-0.260.62-0.67-0.48-0.20.54-0.31-0.110.1-0.31-0.320.84-0.8-0.450.40.610.95-0.280.830.80.17-0.470.37-0.51-0.06
0.95-0.630.27-0.480.82-0.740.860.870.520.860.91-0.490.820.850.03-0.68-0.270.97-0.49-0.280.540.75-0.490.99-0.21
0.86-0.180.04-0.20.82-0.320.540.950.390.540.82-0.310.620.460.4-0.590.020.82-0.330.150.270.45-0.440.83-0.6
-0.680.97-0.540.54-0.74-0.32-0.89-0.47-0.6-0.89-0.630.44-0.69-0.950.520.390.39-0.70.440.56-0.69-0.660.32-0.69-0.29
0.86-0.770.31-0.310.860.54-0.890.70.671.00.84-0.370.640.97-0.26-0.45-0.130.89-0.37-0.350.780.69-0.280.830.06
0.94-0.310.06-0.110.870.95-0.470.70.640.70.86-0.170.60.620.28-0.550.120.9-0.180.150.510.45-0.50.86-0.46
0.68-0.470.110.10.520.39-0.60.670.640.680.490.180.320.65-0.21-0.170.310.590.180.070.740.09-0.520.460.09
0.86-0.770.31-0.310.860.54-0.891.00.70.680.84-0.360.640.97-0.26-0.45-0.130.89-0.37-0.350.780.69-0.280.830.06
0.9-0.490.22-0.320.910.82-0.630.840.860.490.84-0.490.750.79-0.01-0.71-0.090.92-0.5-0.220.550.64-0.30.93-0.38
-0.330.45-0.490.84-0.49-0.310.44-0.37-0.170.18-0.36-0.49-0.79-0.420.30.670.74-0.351.00.780.16-0.510.14-0.540.11
0.72-0.650.49-0.80.820.62-0.690.640.60.320.640.75-0.790.71-0.25-0.83-0.590.71-0.79-0.60.220.59-0.550.84-0.14
0.81-0.860.37-0.450.850.46-0.950.970.620.650.970.79-0.420.71-0.38-0.47-0.270.84-0.42-0.470.760.72-0.360.810.17
0.090.58-0.530.40.030.40.52-0.260.28-0.21-0.26-0.010.3-0.25-0.380.10.390.10.290.64-0.170.07-0.020.06-0.34
-0.560.35-0.480.61-0.68-0.590.39-0.45-0.55-0.17-0.45-0.710.67-0.83-0.470.10.45-0.590.670.44-0.09-0.410.45-0.740.43
-0.010.52-0.650.95-0.270.020.39-0.130.120.31-0.13-0.090.74-0.59-0.270.390.45-0.070.720.790.32-0.390.21-0.3-0.13
0.98-0.560.12-0.280.970.82-0.70.890.90.590.890.92-0.350.710.840.1-0.59-0.07-0.35-0.140.670.73-0.420.96-0.19
-0.340.44-0.480.83-0.49-0.330.44-0.37-0.180.18-0.37-0.51.0-0.79-0.420.290.670.72-0.350.770.16-0.510.14-0.550.12
-0.090.62-0.580.8-0.280.150.56-0.350.150.07-0.35-0.220.78-0.6-0.470.640.440.79-0.140.770.05-0.370.12-0.31-0.37
0.64-0.590.010.170.540.27-0.690.780.510.740.780.550.160.220.76-0.17-0.090.320.670.160.050.5-0.180.470.24
0.63-0.630.17-0.470.750.45-0.660.690.450.090.690.64-0.510.590.720.07-0.41-0.390.73-0.51-0.370.5-0.220.740.13
-0.510.29-0.260.37-0.49-0.440.32-0.28-0.5-0.52-0.28-0.30.14-0.55-0.36-0.020.450.21-0.420.140.12-0.18-0.22-0.480.08
0.93-0.580.27-0.510.990.83-0.690.830.860.460.830.93-0.540.840.810.06-0.74-0.30.96-0.55-0.310.470.74-0.48-0.26
-0.23-0.38-0.08-0.06-0.21-0.6-0.290.06-0.460.090.06-0.380.11-0.140.17-0.340.43-0.13-0.190.12-0.370.240.130.08-0.26
Click cells to compare fundamentals

Zenith Steel Account Relationship Matchups

Zenith Steel balance sheet Accounts

201920202021202220232024 (projected)
Total Assets1.8B1.4B1.9B1.7B1.8B3.2B
Short Long Term Debt Total2.2B2.1B2.1B2.2B2.2B2.1B
Other Current Liab813.8M1.1B3.6M943.5M1.1B865.0M
Total Current Liabilities4.1B3.7B4.1B4.1B4.1B3.8B
Total Stockholder Equity(2.5B)(2.5B)(2.4B)(2.6B)(2.6B)(2.4B)
Property Plant And Equipment Net658.0M479.8M442.6M455.0M444.2M759.7M
Net Debt2.2B2.0B2.0B2.1B2.1B1.8B
Cash25.3M28.7M14.5M52.7M4.3M4.1M
Non Current Assets Total695.0M497.8M466.6M483.7M716.0M836.2M
Non Currrent Assets Other(35K)17.7M1K1.7M271.7M285.3M
Cash And Short Term Investments25.3M28.7M14.5M58.8M10.9M10.4M
Net Receivables891.3M121.3M501.1M470.9M590.8M561.3M
Liabilities And Stockholders Equity1.8B1.4B1.9B1.7B1.8B3.2B
Non Current Liabilities Total252.7M174.0M220.9M177.6M332.5M462.2M
Inventory53.5M108.1M279.9M209.4M198.6M188.7M
Other Current Assets937.0M603.5M657.1M943.2M309.8M294.3M
Total Liab4.3B3.9B4.3B4.3B4.4B4.5B
Total Current Assets1.1B861.6M1.4B1.2B1.1B1.0B
Short Term Debt1.9B2.0B1.9B2.1B1.9B2.0B
Accounts Payable541.6M403.8M898.5M914.5M894.0M640.3M
Intangible Assets643K417K1.2M1.3M119K113.1K
Current Deferred Revenue1.4B1.3B1.2B507.4M214.9M204.1M
Retained Earnings(5.5B)(5.7B)(5.6B)(5.7B)(5.5B)(5.8B)
Accumulated Other Comprehensive Income325.6M326.7M328.4M330.2M85.8M81.5M
Other Liab115.6M110.4M106.1M112.7M101.4M89.5M
Net Tangible Assets(2.5B)(2.5B)(2.4B)(2.6B)(2.3B)(2.4B)
Other Assets36.3M36.2M17.5M22.8M20.5M24.4M
Long Term Debt142.3M68.0M108.2M72.8M223.3M234.5M
Net Invested Capital(263.3M)(477.8M)(364.5M)(366.2M)(417.1M)(396.2M)
Short Long Term Debt2.1B2.0B1.9B2.1B1.9B1.7B
Net Working Capital(3.0B)(2.9B)(2.7B)(2.9B)(3.0B)(3.1B)
Property Plant Equipment889.3M658.0M479.8M442.6M398.4M544.0M

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 Zenith Stock Analysis

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