Zhangzhou Other Stockholder Equity vs Long Term Debt Analysis

600436 Stock   233.11  0.65  0.28%   
Zhangzhou Pientzehuang financial indicator trend analysis is more than just analyzing Zhangzhou Pientzehuang current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Zhangzhou Pientzehuang is a good investment. Please check the relationship between Zhangzhou Pientzehuang Other Stockholder Equity and its Long Term Debt accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Zhangzhou Pientzehuang Pharmaceutical. 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.

Other Stockholder Equity vs Long Term Debt

Other Stockholder Equity vs Long Term Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Zhangzhou Pientzehuang Other Stockholder Equity account and Long Term Debt. At this time, the significance of the direction appears to have very week relationship.
The correlation between Zhangzhou Pientzehuang's Other Stockholder Equity and Long Term Debt is 0.27. Overlapping area represents the amount of variation of Other Stockholder Equity that can explain the historical movement of Long Term Debt in the same time period over historical financial statements of Zhangzhou Pientzehuang Pharmaceutical, assuming nothing else is changed. The correlation between historical values of Zhangzhou Pientzehuang's Other Stockholder Equity and Long Term Debt 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 Stockholder Equity of Zhangzhou Pientzehuang Pharmaceutical are associated (or correlated) with its Long Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Debt has no effect on the direction of Other Stockholder Equity i.e., Zhangzhou Pientzehuang's Other Stockholder Equity and Long Term Debt go up and down completely randomly.

Correlation Coefficient

0.27
Relationship DirectionPositive 
Relationship StrengthVery Weak

Other Stockholder Equity

Long Term Debt

Long-term debt is a debt that Zhangzhou Pientzehuang has held for over one year. Long-term debt appears on Zhangzhou Pientzehuang Pharmaceutical balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on Zhangzhou Pientzehuang Pharmaceutical balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.
Most indicators from Zhangzhou Pientzehuang's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Zhangzhou Pientzehuang 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 Zhangzhou Pientzehuang Pharmaceutical. 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.
The current year's Selling General Administrative is expected to grow to about 735.8 M, whereas Tax Provision is forecasted to decline to about 328.2 M.
 2021 2022 2023 2024 (projected)
Operating Income2.8B2.9B3.3B3.4B
Total Revenue8.0B8.7B10.1B10.6B

Zhangzhou Pientzehuang fundamental ratios Correlations

0.310.981.00.970.990.970.440.670.940.990.731.00.820.82-0.60.82-0.25-0.130.89-0.50.830.820.910.70.7
0.310.350.30.380.350.110.810.170.260.3-0.390.320.380.01-0.430.37-0.180.690.460.280.610.380.420.230.46
0.980.350.980.940.980.960.470.650.960.980.690.990.860.74-0.690.8-0.21-0.060.89-0.50.860.880.910.630.66
1.00.30.980.960.990.970.430.680.930.990.740.990.80.82-0.60.81-0.24-0.150.89-0.50.830.810.910.710.71
0.970.380.940.960.960.910.520.690.890.950.650.960.830.77-0.530.87-0.3-0.010.86-0.390.820.790.880.750.77
0.990.350.980.990.960.960.450.680.920.980.690.990.80.79-0.630.8-0.2-0.10.91-0.50.840.810.930.720.74
0.970.110.960.970.910.960.280.670.940.960.830.970.80.83-0.560.78-0.22-0.250.82-0.650.720.820.860.640.6
0.440.810.470.430.520.450.280.230.420.47-0.150.450.560.13-0.480.42-0.280.580.480.250.730.540.460.220.46
0.670.170.650.680.690.680.670.230.50.640.540.680.370.71-0.170.43-0.33-0.290.64-0.250.560.420.650.730.7
0.940.260.960.930.890.920.940.420.50.950.690.950.930.68-0.680.81-0.270.020.79-0.570.770.890.830.440.46
0.990.30.980.990.950.980.960.470.640.950.730.990.850.79-0.610.81-0.29-0.110.87-0.470.850.850.890.640.65
0.73-0.390.690.740.650.690.83-0.150.540.690.730.710.470.73-0.310.48-0.04-0.670.53-0.540.380.50.580.550.38
1.00.320.990.990.960.990.970.450.680.950.990.710.840.81-0.60.83-0.27-0.090.88-0.520.830.850.910.670.68
0.820.380.860.80.830.80.80.560.370.930.850.470.840.5-0.640.85-0.350.30.68-0.480.750.930.70.320.41
0.820.010.740.820.770.790.830.130.710.680.790.730.810.5-0.140.58-0.47-0.380.67-0.540.480.490.690.660.58
-0.6-0.43-0.69-0.6-0.53-0.63-0.56-0.48-0.17-0.68-0.61-0.31-0.6-0.64-0.14-0.41-0.3-0.16-0.630.27-0.71-0.68-0.64-0.22-0.36
0.820.370.80.810.870.80.780.420.430.810.810.480.830.850.58-0.41-0.320.180.68-0.480.650.80.70.570.6
-0.25-0.18-0.21-0.24-0.3-0.2-0.22-0.28-0.33-0.27-0.29-0.04-0.27-0.35-0.47-0.3-0.32-0.22-0.120.07-0.18-0.25-0.130.01-0.04
-0.130.69-0.06-0.15-0.01-0.1-0.250.58-0.290.02-0.11-0.67-0.090.3-0.38-0.160.18-0.220.020.20.20.21-0.02-0.31-0.05
0.890.460.890.890.860.910.820.480.640.790.870.530.880.680.67-0.630.68-0.120.02-0.370.880.781.00.740.81
-0.50.28-0.5-0.5-0.39-0.5-0.650.25-0.25-0.57-0.47-0.54-0.52-0.48-0.540.27-0.480.070.2-0.37-0.13-0.48-0.41-0.17-0.1
0.830.610.860.830.820.840.720.730.560.770.850.380.830.750.48-0.710.65-0.180.20.88-0.130.830.880.60.73
0.820.380.880.810.790.810.820.540.420.890.850.50.850.930.49-0.680.8-0.250.210.78-0.480.830.80.40.49
0.910.420.910.910.880.930.860.460.650.830.890.580.910.70.69-0.640.7-0.13-0.021.0-0.410.880.80.730.79
0.70.230.630.710.750.720.640.220.730.440.640.550.670.320.66-0.220.570.01-0.310.74-0.170.60.40.730.95
0.70.460.660.710.770.740.60.460.70.460.650.380.680.410.58-0.360.6-0.04-0.050.81-0.10.730.490.790.95
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Zhangzhou Pientzehuang Account Relationship Matchups

Zhangzhou Pientzehuang fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets8.8B10.2B12.5B14.6B17.1B17.9B
Other Current Liab540.4M702.8M609.4M699.7M30.6M29.1M
Total Current Liabilities1.7B1.8B2.1B2.5B2.9B3.0B
Total Stockholder Equity6.6B7.9B9.7B11.3B13.4B14.0B
Other Liab94.0M148.7M159.9M160.9M185.1M194.3M
Retained Earnings4.7B5.9B7.8B9.6B10.0B10.5B
Accounts Payable260.6M239.9M387.0M464.9M673.1M706.8M
Cash4.3B5.2B7.1B2.5B1.2B1.5B
Other Assets153.2M396.0M466.8M440.3M506.4M531.7M
Net Receivables695.4M509.5M612.3M744.4M911.7M957.3M
Inventory2.1B2.2B2.4B2.6B3.4B3.5B
Other Current Assets271.9M292.2M261.4M406.6M9.1B9.6B
Total Liab1.8B1.9B2.4B2.8B3.2B3.3B
Property Plant Equipment253.4M275.0M400.1M465.6M535.5M562.2M
Intangible Assets155.7M259.4M221.0M319.4M291.1M305.6M
Short Term Investments46.8K19.2K13.4K8.8M7.9M9.6M
Net Tangible Assets6.5B7.6B9.5B11.0B12.7B6.8B
Other Stockholder Equity257.5M311.6M200.1M74.4M85.6M81.3M
Deferred Long Term Liab32.8M49.4M44.2M37.7M43.3M29.7M
Total Current Assets7.4B8.3B10.6B12.7B15.1B8.5B
Non Current Assets Total1.5B1.9B1.9B1.9B2.0B1.9B
Non Currrent Assets Other10.2M232.5M229.0M212.3M211.7M136.4M
Non Current Liabilities Total94.0M148.7M221.5M269.7M276.8M209.0M
Short Long Term Debt696.8M718.4M775.8M971.0M989.9M765.8M
Net Invested Capital7.3B8.6B10.5B12.3B14.4B9.9B
Net Working Capital5.6B6.5B8.5B10.2B12.2B7.9B

Currently Active Assets on Macroaxis

Other Information on Investing in Zhangzhou Stock

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