Zangge Historical Balance Sheet

000408 Stock   28.13  0.38  1.37%   
Trend analysis of Zangge Holding Co balance sheet accounts such as Other Current Liab of 12 M, Total Current Liabilities of 815.4 M or Total Stockholder Equity of 13.7 B provides information on Zangge Holding's total assets, liabilities, and equity, which is the actual value of Zangge Holding to its prevalent stockholders. By breaking down trends over time using Zangge Holding 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.
 
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Financial Statement Analysis is much more than just reviewing and examining Zangge Holding 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 Zangge Holding is a good buy for the upcoming year.

Zangge Holding Inventory

522.87 Million

  
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Zangge Holding Co. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

About Zangge Balance Sheet Analysis

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

Zangge Holding Balance Sheet Chart

At present, Zangge Holding's Total Assets are projected to increase significantly based on the last few years of reporting. The current year's Total Stockholder Equity is expected to grow to about 13.7 B, whereas Other Current Liabilities is forecasted to decline to about 12 M.

Total Assets

Total assets refers to the total amount of Zangge Holding assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Zangge Holding books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Total Current Liabilities

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

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.
Most accounts from Zangge Holding's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Zangge Holding 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Zangge Holding Co. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
At present, Zangge Holding's Total Assets are projected to increase significantly based on the last few years of reporting. The current year's Total Stockholder Equity is expected to grow to about 13.7 B, whereas Other Current Liabilities is forecasted to decline to about 12 M.
 2021 2022 2023 2024 (projected)
Other Current Liabilities722.1M887.8M12.6M12.0M
Total Assets10.6B13.5B14.1B14.8B

Zangge Holding balance sheet Correlations

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0.71-0.290.130.740.760.290.520.82-0.47-0.20.53-0.110.10.30.430.48-0.140.720.530.830.530.410.520.780.88
0.730.230.430.730.70.520.230.57-0.660.380.690.170.390.50.550.61-0.270.760.670.450.530.610.930.730.48
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0.820.280.330.850.90.440.610.82-0.62-0.150.73-0.160.220.490.50.55-0.250.930.650.80.780.730.520.850.82
0.73-0.040.10.770.860.120.660.9-0.44-0.330.51-0.280.050.240.340.39-0.10.710.460.970.880.480.430.480.82
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Zangge Holding Account Relationship Matchups

Zangge Holding balance sheet Accounts

201920202021202220232024 (projected)
Total Assets9.6B8.7B10.6B13.5B14.1B14.8B
Other Current Liab386.4M324.7M722.1M887.8M12.6M12.0M
Total Current Liabilities1.7B734.5M1.1B1.4B935.6M815.4M
Total Stockholder Equity7.8B7.9B9.5B12.1B13.1B13.7B
Retained Earnings4.6B4.8B6.2B8.9B8.8B9.2B
Accounts Payable578.5M313.0M229.7M273.1M355.2M194.3M
Cash82.1M461.7M799.6M2.8B1.6B1.7B
Other Assets89.8M86.3M145.9M234.7M269.9M283.4M
Net Receivables1.9B36.7M1.3B162.3M18.2M17.3M
Inventory511.3M599.4M466.1M564.6M498.0M522.9M
Other Current Assets239.5M223.9M48.6M103.6M15.6M14.8M
Total Liab1.7B760.5M1.2B1.4B1.0B904.0M
Intangible Assets309.2M283.3M370.4M354.8M328.1M165.1M
Property Plant Equipment3.9B3.6B3.2B3.1B3.6B3.8B
Other Liab31.0M26.1M50.2M20.4M23.5M39.4M
Net Tangible Assets7.6B7.6B9.1B11.8B13.5B7.9B
Other Stockholder Equity84.4M59.9M49.7M58.3M67.0M70.4M
Deferred Long Term Liab7.5M7.3M13.4M24.3M28.0M29.4M
Total Current Assets2.7B2.3B2.6B4.9B3.1B3.5B
Non Current Assets Total7.1B6.4B8.0B8.6B10.9B7.5B
Non Currrent Assets Other34.0M41.4M1.6B1.6B3.3B3.4B
Non Current Liabilities Total31.0M26.1M55.6M31.2M105.7M62.2M
Net Invested Capital8.3B7.9B9.5B12.1B13.1B10.3B
Net Working Capital996.2M1.6B1.5B3.5B2.2B2.3B

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Other Information on Investing in Zangge Stock

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