Zhongrun Interest Income vs Minority Interest Analysis

000506 Stock

5.63 0.30 5.06%

Zhongrun Resources financial indicator trend analysis is more than just analyzing Zhongrun Resources current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Zhongrun Resources is a good investment. Please check the relationship between Zhongrun Resources Interest Income and its Minority Interest accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Zhongrun Resources Investment. 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.

Interest Income vs Minority Interest

Interest Income vs Minority Interest Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Zhongrun Resources Interest Income account and Minority Interest. At this time, the significance of the direction appears to have strong relationship.

The correlation between Zhongrun Resources' Interest Income and Minority Interest is 0.74. Overlapping area represents the amount of variation of Interest Income that can explain the historical movement of Minority Interest in the same time period over historical financial statements of Zhongrun Resources Investment, assuming nothing else is changed. The correlation between historical values of Zhongrun Resources' Interest Income and Minority Interest is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Interest Income of Zhongrun Resources Investment are associated (or correlated) with its Minority Interest. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Minority Interest has no effect on the direction of Interest Income i.e., Zhongrun Resources' Interest Income and Minority Interest go up and down completely randomly.

Correlation Coefficient

0.74

Relationship Direction	Positive
Relationship Strength	Significant

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Interest Income

Income earned from the investment of cash or from lending money to others, including interest from bank accounts, bonds, or other interest-bearing investments.

Minority Interest

Minority Interest is the portion of a subsidiary corporation stock that is not owned by the parent corporation. The magnitude of the minority interest in the subsidiary company is generally less than 50% of outstanding shares, otherwise the corporation would generally cease to be a subsidiary of the parent. Minority Interest can also be called non-controlling interest.All shareholders of Zhongrun Resources Investment whose combined shares represent less than 50% of the total outstanding shares issued by Zhongrun Resources have a minority interest in Zhongrun Resources.

Most indicators from Zhongrun Resources' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Zhongrun Resources 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 Zhongrun Resources Investment. 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.

The current year's Selling General Administrative is expected to grow to about 75.2 M, whereas Tax Provision is projected to grow to (493.6 K).

Zhongrun Resources fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Accounts Payable	Cash	Other Assets	Net Receivables	Inventory	Other Current Assets	Total Liab	Intangible Assets	Common Stock	Property Plant Equipment	Short Term Investments	Retained Earnings	Other Liab	Long Term Debt	Net Tangible Assets	Other Stockholder Equity	Long Term Investments	Short Long Term Debt	Total Current Assets	Short Term Debt	Non Current Assets Total	Non Currrent Assets Other
Total Assets		0.91	0.92	0.71	0.83	0.63	0.0	0.43	0.93	0.72	0.94	0.4	0.19	-0.65	-0.45	0.64	0.04	0.67	0.5	0.1	-0.45	-0.23	0.48	-0.47	-0.24	0.46
Other Current Liab	0.91		0.93	0.58	0.9	0.69	-0.17	0.4	0.99	0.78	0.93	0.47	-0.04	-0.79	-0.2	0.66	-0.27	0.7	0.57	-0.02	-0.65	-0.34	0.66	-0.67	-0.47	0.65
Total Current Liabilities	0.92	0.93		0.46	0.82	0.63	0.07	0.21	0.93	0.85	0.99	0.27	0.05	-0.67	-0.35	0.45	-0.19	0.76	0.34	-0.01	-0.4	-0.22	0.42	-0.43	-0.33	0.37
Total Stockholder Equity	0.71	0.58	0.46		0.66	0.58	-0.39	0.84	0.61	0.19	0.47	0.8	0.32	-0.44	-0.45	0.89	0.12	0.06	0.71	0.36	-0.56	-0.02	0.63	-0.49	-0.39	0.57
Accounts Payable	0.83	0.9	0.82	0.66		0.65	-0.26	0.47	0.91	0.7	0.8	0.58	0.07	-0.69	-0.26	0.71	-0.24	0.48	0.6	0.0	-0.58	-0.26	0.66	-0.66	-0.51	0.62
Cash	0.63	0.69	0.63	0.58	0.65		-0.36	0.51	0.67	0.56	0.6	0.71	0.04	-0.43	-0.13	0.65	-0.31	0.23	0.57	0.43	-0.62	-0.05	0.68	-0.46	-0.52	0.6
Other Assets	0.0	-0.17	0.07	-0.39	-0.26	-0.36		-0.65	-0.18	0.03	0.11	-0.7	0.35	0.31	-0.45	-0.67	0.35	0.37	-0.75	-0.21	0.8	-0.14	-0.82	0.59	0.69	-0.57
Net Receivables	0.43	0.4	0.21	0.84	0.47	0.51	-0.65		0.42	-0.08	0.22	0.86	0.14	-0.33	-0.18	0.87	-0.09	-0.11	0.72	0.45	-0.64	0.2	0.72	-0.44	-0.59	0.55
Inventory	0.93	0.99	0.93	0.61	0.91	0.67	-0.18	0.42		0.77	0.93	0.47	-0.04	-0.8	-0.21	0.69	-0.21	0.7	0.6	0.0	-0.65	-0.29	0.66	-0.66	-0.46	0.62
Other Current Assets	0.72	0.78	0.85	0.19	0.7	0.56	0.03	-0.08	0.77		0.84	0.1	-0.11	-0.54	-0.1	0.26	-0.15	0.66	0.3	-0.09	-0.35	-0.21	0.34	-0.38	-0.25	0.34
Total Liab	0.94	0.93	0.99	0.47	0.8	0.6	0.11	0.22	0.93	0.84		0.24	0.01	-0.69	-0.33	0.46	-0.15	0.82	0.36	0.01	-0.38	-0.23	0.41	-0.43	-0.31	0.39
Intangible Assets	0.4	0.47	0.27	0.8	0.58	0.71	-0.7	0.86	0.47	0.1	0.24		0.17	-0.3	-0.16	0.85	-0.27	-0.23	0.73	0.5	-0.71	0.14	0.81	-0.5	-0.7	0.67
Common Stock	0.19	-0.04	0.05	0.32	0.07	0.04	0.35	0.14	-0.04	-0.11	0.01	0.17		0.51	-0.89	-0.07	0.55	-0.25	-0.34	0.11	0.34	0.27	-0.34	0.47	0.34	-0.34
Property Plant Equipment	-0.65	-0.79	-0.67	-0.44	-0.69	-0.43	0.31	-0.33	-0.8	-0.54	-0.69	-0.3	0.51		-0.22	-0.64	0.45	-0.66	-0.67	0.22	0.71	0.53	-0.69	0.87	0.53	-0.72
Short Term Investments	-0.45	-0.2	-0.35	-0.45	-0.26	-0.13	-0.45	-0.18	-0.21	-0.1	-0.33	-0.16	-0.89	-0.22		-0.03	-0.45	-0.05	0.27	-0.07	-0.3	-0.19	0.29	-0.34	-0.19	0.28
Retained Earnings	0.64	0.66	0.45	0.89	0.71	0.65	-0.67	0.87	0.69	0.26	0.46	0.85	-0.07	-0.64	-0.03		-0.15	0.13	0.94	0.34	-0.83	-0.1	0.9	-0.75	-0.62	0.82
Other Liab	0.04	-0.27	-0.19	0.12	-0.24	-0.31	0.35	-0.09	-0.21	-0.15	-0.15	-0.27	0.55	0.45	-0.45	-0.15		-0.1	-0.2	0.04	0.38	0.29	-0.45	0.45	0.62	-0.42
Long Term Debt	0.67	0.7	0.76	0.06	0.48	0.23	0.37	-0.11	0.7	0.66	0.82	-0.23	-0.25	-0.66	-0.05	0.13	-0.1		0.13	-0.24	-0.15	-0.41	0.12	-0.33	-0.02	0.25
Net Tangible Assets	0.5	0.57	0.34	0.71	0.6	0.57	-0.75	0.72	0.6	0.3	0.36	0.73	-0.34	-0.67	0.27	0.94	-0.2	0.13		0.34	-0.86	-0.14	0.93	-0.8	-0.61	0.86
Other Stockholder Equity	0.1	-0.02	-0.01	0.36	0.0	0.43	-0.21	0.45	0.0	-0.09	0.01	0.5	0.11	0.22	-0.07	0.34	0.04	-0.24	0.34		-0.08	0.51	0.27	0.2	-0.2	0.18
Long Term Investments	-0.45	-0.65	-0.4	-0.56	-0.58	-0.62	0.8	-0.64	-0.65	-0.35	-0.38	-0.71	0.34	0.71	-0.3	-0.83	0.38	-0.15	-0.86	-0.08		0.18	-0.94	0.83	0.71	-0.82
Short Long Term Debt	-0.23	-0.34	-0.22	-0.02	-0.26	-0.05	-0.14	0.2	-0.29	-0.21	-0.23	0.14	0.27	0.53	-0.19	-0.1	0.29	-0.41	-0.14	0.51	0.18		-0.15	0.59	-0.19	-0.44
Total Current Assets	0.48	0.66	0.42	0.63	0.66	0.68	-0.82	0.72	0.66	0.34	0.41	0.81	-0.34	-0.69	0.29	0.9	-0.45	0.12	0.93	0.27	-0.94	-0.15		-0.83	-0.76	0.87
Short Term Debt	-0.47	-0.67	-0.43	-0.49	-0.66	-0.46	0.59	-0.44	-0.66	-0.38	-0.43	-0.5	0.47	0.87	-0.34	-0.75	0.45	-0.33	-0.8	0.2	0.83	0.59	-0.83		0.56	-0.86
Non Current Assets Total	-0.24	-0.47	-0.33	-0.39	-0.51	-0.52	0.69	-0.59	-0.46	-0.25	-0.31	-0.7	0.34	0.53	-0.19	-0.62	0.62	-0.02	-0.61	-0.2	0.71	-0.19	-0.76	0.56		-0.56
Non Currrent Assets Other	0.46	0.65	0.37	0.57	0.62	0.6	-0.57	0.55	0.62	0.34	0.39	0.67	-0.34	-0.72	0.28	0.82	-0.42	0.25	0.86	0.18	-0.82	-0.44	0.87	-0.86	-0.56

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Zhongrun Resources Account Relationship Matchups

Zhongrun Resources fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	2.3B	1.7B	1.7B	2.3B	2.7B	2.6B
Other Current Liab	445.7M	673.3M	538.7M	143.3M	164.8M	156.5M
Total Current Liabilities	1.7B	1.3B	915.7M	907.0M	1.0B	1.5B
Total Stockholder Equity	534.7M	374.6M	642.3M	696.8M	801.3M	896.7M
Accounts Payable	134.1M	149.1M	124.1M	70.5M	63.5M	60.3M
Cash	124.6M	10.2M	7.8M	5.2M	4.7M	4.5M
Other Assets	738.8M	706.0M	674.9M	658.4M	757.2M	795.1M
Net Receivables	477.8M	2.0M	50.3M	17.8M	20.4M	19.4M
Inventory	577.7M	180.5M	188.2M	83.3M	75.0M	71.2M
Other Current Assets	79.9M	132.0M	37.6M	19.6M	17.6M	16.7M
Total Liab	1.7B	1.3B	1.0B	997.6M	1.1B	1.7B
Intangible Assets	149.3M	68.4M	62.0M	124.9K	112.4K	106.8K
Property Plant Equipment	591.4M	554.6M	525.9M	561.3M	645.4M	359.2M
Retained Earnings	(435.4M)	(564.5M)	(311.5M)	(365.9M)	(329.3M)	(312.9M)
Other Liab	85.0M	26.1M	30.2M	119.2M	137.1M	71.3M
Net Tangible Assets	838.6M	385.4M	306.2M	580.4M	522.3M	593.1M
Other Stockholder Equity	10.1M	(10.3M)	(41.2M)	(26.5M)	(23.9M)	(22.7M)
Short Long Term Debt	100.9M	92.2M	280.3M	85.2M	76.7M	72.8M
Total Current Assets	865.2M	372.9M	386.2M	229.4M	206.5M	196.1M
Non Current Assets Total	1.5B	1.3B	1.3B	2.1B	2.4B	1.5B
Non Current Liabilities Total	26.1M	33.5M	129.9M	90.6M	81.5M	110.8M
Non Current Liabilities Other	21.9M	26.2M	115.4M	79.2M	71.3M	66.1M
Net Invested Capital	635.5M	466.8M	922.6M	782.0M	703.8M	809.8M
Net Working Capital	(858.2M)	(880.0M)	(529.5M)	(677.6M)	(609.8M)	(640.3M)
Property Plant And Equipment Net	554.6M	525.9M	561.3M	1.9B	2.2B	2.3B
Property Plant And Equipment Gross	1.1B	1.0B	561.3M	2.7B	3.1B	3.3B

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Other Information on Investing in Zhongrun Stock

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

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Zhongrun Interest Income vs Minority Interest Analysis

Interest Income vs Minority Interest

Interest Income vs Minority Interest Correlation Analysis

Correlation Coefficient

Interest Income

Minority Interest

Zhongrun Resources fundamental ratios Correlations

Zhongrun Resources Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Zhongrun Resources fundamental ratios Accounts

Also Currently Popular

Other Information on Investing in Zhongrun Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Inventory	+ 0.99	Other Current Liab
Total Liab	+ 0.99	Total Current Liabilities
Total Liab	+ 0.94	Total Assets
Net Tangible Assets	+ 0.94	Retained Earnings
Inventory	+ 0.93	Total Assets
Total Current Liabilities	+ 0.93	Other Current Liab

Total Current Assets	- 0.94	Long Term Investments
Short Term Investments	- 0.89	Common Stock
Non Currrent Assets Other	- 0.86	Short Term Debt
Long Term Investments	- 0.86	Net Tangible Assets
Short Term Debt	- 0.83	Total Current Assets
Long Term Investments	- 0.83	Retained Earnings