Zhejiang Change To Liabilities vs Capital Expenditures Analysis

300813 Stock

16.56 0.58 3.38%

Zhejiang Tailin financial indicator trend analysis is more than just analyzing Zhejiang Tailin Bioe current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Zhejiang Tailin Bioe is a good investment. Please check the relationship between Zhejiang Tailin Change To Liabilities and its Capital Expenditures accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Zhejiang Tailin Bioengineering. 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.

Change To Liabilities vs Capital Expenditures

Change To Liabilities vs Capital Expenditures Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Zhejiang Tailin Bioe Change To Liabilities account and Capital Expenditures. At this time, the significance of the direction appears to have fragmental relationship.

The correlation between Zhejiang Tailin's Change To Liabilities and Capital Expenditures is 0.56. Overlapping area represents the amount of variation of Change To Liabilities that can explain the historical movement of Capital Expenditures in the same time period over historical financial statements of Zhejiang Tailin Bioengineering, assuming nothing else is changed. The correlation between historical values of Zhejiang Tailin's Change To Liabilities and Capital Expenditures is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Change To Liabilities of Zhejiang Tailin Bioengineering are associated (or correlated) with its Capital Expenditures. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capital Expenditures has no effect on the direction of Change To Liabilities i.e., Zhejiang Tailin's Change To Liabilities and Capital Expenditures go up and down completely randomly.

Correlation Coefficient

0.56

Relationship Direction	Positive
Relationship Strength	Weak

View All Relationships

Change To Liabilities

Capital Expenditures

Capital Expenditures are funds used by Zhejiang Tailin Bioe to acquire physical assets such as property, industrial buildings or equipment. This type of outlay is used by management to increase the scope of Zhejiang Tailin operations. These expenditures can include everything from repairing an office equipment, building a brand new facility, or writing new software.

Most indicators from Zhejiang Tailin's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Zhejiang Tailin Bioe 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 Zhejiang Tailin Bioengineering. 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 Tax Provision is expected to grow to about 3.4 M, whereas Selling General Administrative is forecasted to decline to about 37.4 M.

	2022	2023	2024	2025 (projected)
Net Interest Income	9.0M	10.5M	12.1M	12.7M
Tax Provision	261.1K	3.5M	3.2M	3.4M

Net Interest Income Tax Provision

Zhejiang Tailin fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Net Tangible Assets	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Net Receivables	Non Current Liabilities Total	Inventory	Other Current Assets	Total Liab	Deferred Long Term Liab	Total Current Assets	Intangible Assets	Common Stock	Property Plant Equipment	Common Stock Shares Outstanding	Net Invested Capital	Net Working Capital	Short Term Debt
Total Assets		-0.2	0.89	0.92	0.82	0.86	0.9	0.84	0.87	0.94	-0.6	0.85	0.63	0.93	0.98	0.85	0.98	0.72	0.9	-0.89	0.89	0.81	0.88	0.92	0.91	-0.67
Other Current Liab	-0.2		0.07	-0.06	-0.08	0.12	-0.02	0.17	-0.09	-0.31	-0.23	0.08	0.19	-0.51	-0.15	-0.15	-0.31	-0.05	-0.07	0.33	0.07	0.08	-0.38	-0.18	-0.11	0.32
Total Current Liabilities	0.89	0.07		0.97	0.91	0.96	0.94	0.89	0.9	0.8	-0.66	0.94	0.67	0.75	0.89	0.75	0.85	0.87	0.95	-0.68	0.96	0.85	0.88	0.95	0.92	-0.35
Total Stockholder Equity	0.92	-0.06	0.97		0.88	0.98	0.98	0.91	0.96	0.8	-0.59	0.96	0.66	0.8	0.87	0.73	0.87	0.81	0.99	-0.72	0.97	0.89	0.92	0.99	0.98	-0.35
Other Liab	0.82	-0.08	0.91	0.88		0.85	0.87	0.8	0.84	0.72	-0.47	0.84	0.73	0.74	0.82	0.64	0.81	0.89	0.89	-0.59	0.84	0.78	0.85	0.89	0.86	-0.32
Net Tangible Assets	0.86	0.12	0.96	0.98	0.85		0.97	0.94	0.93	0.72	-0.58	0.97	0.69	0.67	0.81	0.69	0.78	0.76	0.96	-0.66	0.97	0.91	0.84	0.94	0.94	-0.26
Retained Earnings	0.9	-0.02	0.94	0.98	0.87	0.97		0.96	0.9	0.8	-0.49	0.98	0.79	0.76	0.86	0.77	0.84	0.74	0.95	-0.74	0.92	0.96	0.86	0.94	0.93	-0.35
Accounts Payable	0.84	0.17	0.89	0.91	0.8	0.94	0.96		0.8	0.77	-0.49	0.95	0.84	0.63	0.82	0.8	0.76	0.61	0.86	-0.74	0.88	0.98	0.71	0.84	0.83	-0.37
Cash	0.87	-0.09	0.9	0.96	0.84	0.93	0.9	0.8		0.68	-0.63	0.88	0.53	0.77	0.78	0.55	0.82	0.8	0.99	-0.62	0.93	0.78	0.91	0.96	0.99	-0.29
Non Current Assets Total	0.94	-0.31	0.8	0.8	0.72	0.72	0.8	0.77	0.68		-0.47	0.75	0.59	0.92	0.97	0.96	0.95	0.6	0.75	-0.95	0.76	0.74	0.8	0.82	0.74	-0.77
Non Currrent Assets Other	-0.6	-0.23	-0.66	-0.59	-0.47	-0.58	-0.49	-0.49	-0.63	-0.47		-0.5	-0.21	-0.49	-0.58	-0.39	-0.58	-0.51	-0.62	0.41	-0.65	-0.43	-0.52	-0.58	-0.61	0.29
Other Assets	0.85	0.08	0.94	0.96	0.84	0.97	0.98	0.95	0.88	0.75	-0.5		0.79	0.69	0.82	0.73	0.78	0.78	0.93	-0.66	0.91	0.95	0.84	0.92	0.91	-0.28
Net Receivables	0.63	0.19	0.67	0.66	0.73	0.69	0.79	0.84	0.53	0.59	-0.21	0.79		0.46	0.65	0.63	0.57	0.54	0.62	-0.52	0.56	0.86	0.48	0.59	0.59	-0.29
Non Current Liabilities Total	0.93	-0.51	0.75	0.8	0.74	0.67	0.76	0.63	0.77	0.92	-0.49	0.69	0.46		0.91	0.78	0.97	0.69	0.8	-0.86	0.73	0.63	0.9	0.86	0.81	-0.71
Inventory	0.98	-0.15	0.89	0.87	0.82	0.81	0.86	0.82	0.78	0.97	-0.58	0.82	0.65	0.91		0.9	0.98	0.73	0.84	-0.89	0.85	0.77	0.83	0.88	0.83	-0.72
Other Current Assets	0.85	-0.15	0.75	0.73	0.64	0.69	0.77	0.8	0.55	0.96	-0.39	0.73	0.63	0.78	0.9		0.84	0.46	0.65	-0.93	0.71	0.77	0.66	0.72	0.62	-0.72
Total Liab	0.98	-0.31	0.85	0.87	0.81	0.78	0.84	0.76	0.82	0.95	-0.58	0.78	0.57	0.97	0.98	0.84		0.73	0.86	-0.89	0.83	0.73	0.89	0.9	0.86	-0.71
Deferred Long Term Liab	0.72	-0.05	0.87	0.81	0.89	0.76	0.74	0.61	0.8	0.6	-0.51	0.78	0.54	0.69	0.73	0.46	0.73		0.84	-0.4	0.78	0.59	0.85	0.85	0.82	-0.2
Total Current Assets	0.9	-0.07	0.95	0.99	0.89	0.96	0.95	0.86	0.99	0.75	-0.62	0.93	0.62	0.8	0.84	0.65	0.86	0.84		-0.67	0.96	0.84	0.93	0.98	1.0	-0.32
Intangible Assets	-0.89	0.33	-0.68	-0.72	-0.59	-0.66	-0.74	-0.74	-0.62	-0.95	0.41	-0.66	-0.52	-0.86	-0.89	-0.93	-0.89	-0.4	-0.67		-0.71	-0.71	-0.7	-0.73	-0.67	0.85
Common Stock	0.89	0.07	0.96	0.97	0.84	0.97	0.92	0.88	0.93	0.76	-0.65	0.91	0.56	0.73	0.85	0.71	0.83	0.78	0.96	-0.71		0.82	0.86	0.95	0.94	-0.39
Property Plant Equipment	0.81	0.08	0.85	0.89	0.78	0.91	0.96	0.98	0.78	0.74	-0.43	0.95	0.86	0.63	0.77	0.77	0.73	0.59	0.84	-0.71	0.82		0.73	0.83	0.82	-0.3
Common Stock Shares Outstanding	0.88	-0.38	0.88	0.92	0.85	0.84	0.86	0.71	0.91	0.8	-0.52	0.84	0.48	0.9	0.83	0.66	0.89	0.85	0.93	-0.7	0.86	0.73		0.97	0.93	-0.38
Net Invested Capital	0.92	-0.18	0.95	0.99	0.89	0.94	0.94	0.84	0.96	0.82	-0.58	0.92	0.59	0.86	0.88	0.72	0.9	0.85	0.98	-0.73	0.95	0.83	0.97		0.98	-0.38
Net Working Capital	0.91	-0.11	0.92	0.98	0.86	0.94	0.93	0.83	0.99	0.74	-0.61	0.91	0.59	0.81	0.83	0.62	0.86	0.82	1.0	-0.67	0.94	0.82	0.93	0.98		-0.34
Short Term Debt	-0.67	0.32	-0.35	-0.35	-0.32	-0.26	-0.35	-0.37	-0.29	-0.77	0.29	-0.28	-0.29	-0.71	-0.72	-0.72	-0.71	-0.2	-0.32	0.85	-0.39	-0.3	-0.38	-0.38	-0.34

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Zhejiang Tailin Account Relationship Matchups

Zhejiang Tailin fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	540.0M	655.9M	922.7M	973.5M	1.1B	1.2B
Other Current Liab	59.1M	103.8M	4.5M	5.1M	5.9M	5.6M
Total Current Liabilities	95.3M	153.5M	129.3M	161.8M	186.1M	99.5M
Total Stockholder Equity	444.2M	497.4M	647.5M	648.8M	746.1M	402.1M
Net Tangible Assets	182.6M	217.2M	432.6M	485.0M	557.8M	285.1M
Retained Earnings	164.3M	217.4M	254.0M	248.6M	285.9M	170.9M
Accounts Payable	14.1M	16.7M	14.3M	14.8M	17.0M	13.5M
Cash	322.2M	302.5M	577.2M	397.0M	456.5M	251.4M
Non Current Assets Total	113.7M	141.4M	159.1M	334.8M	385.0M	404.2M
Non Currrent Assets Other	1.4M	3.5M	3.0M	7.4M	6.7M	6.4M
Other Assets	13.1M	15.5M	15.9M	23.0M	26.5M	14.6M
Net Receivables	17.9M	57.7M	42.6M	36.1M	41.5M	39.2M
Non Current Liabilities Total	498.6K	5.0M	145.9M	161.5M	185.7M	195.0M
Inventory	63.2M	122.4M	111.2M	160.6M	184.6M	193.9M
Other Current Assets	10.4M	11.8M	4.3M	20.7M	23.8M	25.0M
Total Liab	95.7M	158.5M	275.2M	323.3M	371.8M	390.3M
Deferred Long Term Liab	3.5M	3.2M	3.1M	8.5M	9.7M	4.9M
Total Current Assets	426.3M	514.5M	763.5M	638.8M	734.6M	396.3M
Intangible Assets	11.6M	12.4M	11.8M	11.3M	10.1M	9.6M
Property Plant Equipment	88.2M	89.0M	86.2M	106.0M	121.9M	79.7M
Net Invested Capital	444.2M	497.4M	792.9M	806.4M	927.3M	492.0M
Net Working Capital	331.0M	361.0M	634.2M	476.9M	548.5M	327.3M
Property Plant And Equipment Net	86.2M	106.0M	118.5M	269.1M	309.4M	324.9M
Property Plant And Equipment Gross	108.1M	134.2M	154.1M	314.0M	361.1M	379.1M

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Other Information on Investing in Zhejiang Stock

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

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Zhejiang Change To Liabilities vs Capital Expenditures Analysis

Change To Liabilities vs Capital Expenditures

Change To Liabilities vs Capital Expenditures Correlation Analysis

Correlation Coefficient

Change To Liabilities

Capital Expenditures

Zhejiang Tailin fundamental ratios Correlations

Zhejiang Tailin Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Zhejiang Tailin fundamental ratios Accounts

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Other Information on Investing in Zhejiang Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Net Working Capital	+ 1.0	Total Current Assets
Total Current Assets	+ 0.99	Total Stockholder Equity
Net Invested Capital	+ 0.99	Total Stockholder Equity
Total Current Assets	+ 0.99	Cash
Net Working Capital	+ 0.99	Cash
Inventory	+ 0.98	Total Assets

Intangible Assets	- 0.95	Non Current Assets Total
Intangible Assets	- 0.93	Other Current Assets
Intangible Assets	- 0.89	Total Liab
Intangible Assets	- 0.89	Inventory
Intangible Assets	- 0.89	Total Assets
Intangible Assets	- 0.86	Non Current Liabilities Total