Zhongrun Other Operating Expenses vs Total Operating Expenses 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 Other Operating Expenses and its Total Operating Expenses 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.

Other Operating Expenses vs Total Operating Expenses

Other Operating Expenses vs Total Operating Expenses Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Zhongrun Resources Other Operating Expenses account and Total Operating Expenses. At this time, the significance of the direction appears to have almost identical trend.

The correlation between Zhongrun Resources' Other Operating Expenses and Total Operating Expenses is 0.95. Overlapping area represents the amount of variation of Other Operating Expenses that can explain the historical movement of Total Operating Expenses 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' Other Operating Expenses and Total Operating Expenses is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Operating Expenses of Zhongrun Resources Investment are associated (or correlated) with its Total Operating Expenses. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Operating Expenses has no effect on the direction of Other Operating Expenses i.e., Zhongrun Resources' Other Operating Expenses and Total Operating Expenses go up and down completely randomly.

Correlation Coefficient

0.95

Relationship Direction	Positive
Relationship Strength	Very Strong

View All Relationships

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Zhongrun Resources. It is also known as Zhongrun Resources overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.

Total Operating Expenses

The total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses.

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

Click cells to compare fundamentals

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

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.

CRM	Salesforce
C	Citigroup
GM	General Motors

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.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

Zhongrun Other Operating Expenses vs Total Operating Expenses Analysis

Other Operating Expenses vs Total Operating Expenses

Other Operating Expenses vs Total Operating Expenses Correlation Analysis

Correlation Coefficient

Other Operating Expenses

Total Operating Expenses

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