ZTE Total Current Liabilities vs Other Current Liab Analysis

000063 Stock   37.71  0.66  1.72%   
ZTE Corp financial indicator trend analysis is more than just analyzing ZTE Corp current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether ZTE Corp is a good investment. Please check the relationship between ZTE Corp Total Current Liabilities and its Other Current Liab accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in ZTE Corp. 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.

Total Current Liabilities vs Other Current Liab

Total Current Liabilities vs Other Current Liab Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of ZTE Corp Total Current Liabilities account and Other Current Liab. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between ZTE Corp's Total Current Liabilities and Other Current Liab is 0.53. Overlapping area represents the amount of variation of Total Current Liabilities that can explain the historical movement of Other Current Liab in the same time period over historical financial statements of ZTE Corp, assuming nothing else is changed. The correlation between historical values of ZTE Corp's Total Current Liabilities and Other Current 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 Total Current Liabilities of ZTE Corp are associated (or correlated) with its Other Current Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Liab has no effect on the direction of Total Current Liabilities i.e., ZTE Corp's Total Current Liabilities and Other Current Liab go up and down completely randomly.

Correlation Coefficient

0.53
Relationship DirectionPositive 
Relationship StrengthWeak

Total Current Liabilities

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

Other Current Liab

Most indicators from ZTE Corp's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into ZTE Corp 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 ZTE Corp. 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.
As of January 11, 2025, Selling General Administrative is expected to decline to about 9.7 B. In addition to that, Tax Provision is expected to decline to about 919.1 M
 2022 2023 2024 2025 (projected)
Operating Income10.6B11.0B12.6B13.3B
Total Revenue123.0B124.3B142.9B73.0B

ZTE Corp fundamental ratios Correlations

0.920.730.850.970.980.36-0.60.240.940.950.940.890.96-0.350.991.00.660.95-0.10.880.910.130.970.810.83
0.920.740.650.930.940.16-0.45-0.090.970.840.970.780.88-0.590.910.930.660.79-0.370.950.96-0.030.840.690.94
0.730.740.530.770.67-0.29-0.6-0.010.80.540.790.650.65-0.230.70.780.510.58-0.510.70.82-0.360.650.250.7
0.850.650.530.720.790.54-0.380.590.650.860.650.930.750.070.890.830.780.930.190.510.580.340.810.740.44
0.970.930.770.720.970.24-0.690.070.980.90.980.790.96-0.490.930.980.550.87-0.230.930.97-0.010.960.750.89
0.980.940.670.790.970.39-0.550.150.940.960.950.830.96-0.450.970.970.610.92-0.10.920.920.170.950.840.87
0.360.16-0.290.540.240.39-0.110.430.160.580.170.320.43-0.050.410.30.240.490.60.130.060.620.430.770.04
-0.6-0.45-0.6-0.38-0.69-0.55-0.11-0.07-0.65-0.49-0.65-0.35-0.650.28-0.52-0.62-0.06-0.470.19-0.55-0.640.28-0.71-0.38-0.5
0.24-0.09-0.010.590.070.150.43-0.07-0.070.28-0.070.450.140.750.30.220.170.490.7-0.14-0.090.60.240.22-0.19
0.940.970.80.650.980.940.16-0.65-0.070.841.00.750.92-0.580.910.950.580.79-0.370.950.99-0.110.90.680.93
0.950.840.540.860.90.960.58-0.490.280.840.850.820.94-0.350.960.920.640.940.110.80.80.340.940.930.73
0.940.970.790.650.980.950.17-0.65-0.071.00.850.750.92-0.580.910.950.580.8-0.360.960.99-0.10.910.690.93
0.890.780.650.930.790.830.32-0.350.450.750.820.750.74-0.040.910.890.830.93-0.070.630.710.150.810.650.59
0.960.880.650.750.960.960.43-0.650.140.920.940.920.74-0.480.930.940.50.88-0.040.890.90.150.960.860.83
-0.35-0.59-0.230.07-0.49-0.45-0.050.280.75-0.58-0.35-0.58-0.04-0.48-0.29-0.35-0.13-0.110.53-0.63-0.580.33-0.38-0.42-0.64
0.990.910.70.890.930.970.41-0.520.30.910.960.910.910.93-0.290.980.70.96-0.040.840.870.210.940.810.79
1.00.930.780.830.980.970.3-0.620.220.950.920.950.890.94-0.350.980.660.93-0.160.880.930.070.960.760.84
0.660.660.510.780.550.610.24-0.060.170.580.640.580.830.5-0.130.70.660.68-0.20.410.510.030.560.510.37
0.950.790.580.930.870.920.49-0.470.490.790.940.80.930.88-0.110.960.930.680.140.720.760.340.920.820.66
-0.1-0.37-0.510.19-0.23-0.10.60.190.7-0.370.11-0.36-0.07-0.040.53-0.04-0.16-0.20.14-0.32-0.40.88-0.040.25-0.38
0.880.950.70.510.930.920.13-0.55-0.140.950.80.960.630.89-0.630.840.880.410.72-0.320.970.00.830.660.99
0.910.960.820.580.970.920.06-0.64-0.090.990.80.990.710.9-0.580.870.930.510.76-0.40.97-0.140.870.630.95
0.13-0.03-0.360.34-0.010.170.620.280.6-0.110.34-0.10.150.150.330.210.070.030.340.880.0-0.140.110.43-0.05
0.970.840.650.810.960.950.43-0.710.240.90.940.910.810.96-0.380.940.960.560.92-0.040.830.870.110.840.76
0.810.690.250.740.750.840.77-0.380.220.680.930.690.650.86-0.420.810.760.510.820.250.660.630.430.840.58
0.830.940.70.440.890.870.04-0.5-0.190.930.730.930.590.83-0.640.790.840.370.66-0.380.990.95-0.050.760.58
Click cells to compare fundamentals

ZTE Corp Account Relationship Matchups

ZTE Corp fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets150.6B168.8B181.0B201.5B231.7B243.3B
Short Long Term Debt Total36.0B40.4B46.5B67.8B77.9B81.8B
Other Current Liab2.3B2.9B20.4B25.0B28.7B30.2B
Total Current Liabilities74.4B78.7B78.4B83.0B95.5B100.3B
Total Stockholder Equity43.3B51.5B58.6B68.0B78.2B82.1B
Property Plant And Equipment Net14.0B13.6B15.0B16.6B19.1B20.1B
Current Deferred Revenue30.9B32.5B17.7B14.9B17.1B9.8B
Net Debt336.5M(10.3B)(9.8B)(10.8B)(9.7B)(9.2B)
Accounts Payable28.5B33.3B29.7B18.9B21.8B18.0B
Cash35.7B50.7B56.3B78.5B90.3B94.8B
Non Current Assets Total43.7B40.9B43.1B42.9B49.4B51.9B
Cash And Short Term Investments36.7B52.1B56.9B78.7B90.5B95.0B
Net Receivables28.3B31.5B28.1B38.2B43.9B46.1B
Liabilities And Stockholders Equity150.6B168.8B181.0B201.5B231.7B243.3B
Inventory33.7B36.3B45.2B41.1B47.3B49.7B
Other Current Assets8.3B8.0B7.7B460.0M529.0M502.5M
Total Liab104.5B115.5B121.4B133.1B153.1B160.7B
Total Current Assets107.0B127.9B137.9B158.5B182.3B191.4B
Short Term Debt12.7B9.9B10.6B24.2B27.9B29.2B
Common Stock4.6B4.7B4.7B4.8B5.5B5.8B
Other Assets21.8B20.8B22.3B1.01.151.09
Non Current Liabilities Total30.1B36.8B43.0B50.1B57.6B60.5B
Retained Earnings14.8B20.7B27.3B34.7B39.9B41.9B
Non Currrent Assets Other12.4B12.0B12.2B3.1B3.5B5.3B
Other Stockholder Equity22.6B24.3B24.4B26.4B30.4B31.9B
Intangible Assets11.4B10.5B9.9B9.0B10.3B10.9B
Long Term Debt22.6B29.9B35.1B42.6B49.0B51.4B
Short Term Investments1.0B1.4B513.8M153.3M138.0M144.9M
Property Plant Equipment11.6B14.0B13.6B15.0B17.2B18.1B
Other Liab6.0B6.4B6.1B6.9B7.9B8.3B
Accumulated Other Comprehensive Income1.3B1.8B2.2B2.1B2.4B1.3B
Net Tangible Assets31.6B38.7B47.8B55.6B63.9B42.1B
Deferred Long Term Liab6.3B7.0B6.9B6.8B7.9B6.1B
Short Long Term Debt10.6B8.9B10.0B12.6B11.3B11.4B
Non Current Liabilities Other4.3B4.2B4.5B3.5B3.2B3.3B
Common Stock Shares Outstanding4.6B4.7B4.7B4.8B5.5B4.9B
Net Invested Capital76.5B90.3B103.7B123.2B141.6B87.6B
Net Working Capital32.6B49.2B59.5B75.5B86.8B91.1B

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Other Information on Investing in ZTE Stock

Balance Sheet is a snapshot of the financial position of ZTE Corp at a specified time, usually calculated after every quarter, six months, or one year. ZTE Corp Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of ZTE Corp 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 ZTE currently owns. An asset can also be divided into two categories, current and non-current.