Zhengzhou Depreciation vs Free Cash Flow Analysis

601717 Stock

12.62 0.02 0.16%

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

Depreciation vs Free Cash Flow

Depreciation vs Free Cash Flow Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Zhengzhou Coal Mining Depreciation account and Free Cash Flow. At this time, the significance of the direction appears to have fragmental relationship.

The correlation between Zhengzhou Coal's Depreciation and Free Cash Flow is 0.49. Overlapping area represents the amount of variation of Depreciation that can explain the historical movement of Free Cash Flow in the same time period over historical financial statements of Zhengzhou Coal Mining, assuming nothing else is changed. The correlation between historical values of Zhengzhou Coal's Depreciation and Free Cash Flow is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Depreciation of Zhengzhou Coal Mining are associated (or correlated) with its Free Cash Flow. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Free Cash Flow has no effect on the direction of Depreciation i.e., Zhengzhou Coal's Depreciation and Free Cash Flow go up and down completely randomly.

Correlation Coefficient

0.49

Relationship Direction	Positive
Relationship Strength	Weak

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Depreciation

Depreciation indicates how much of Zhengzhou Coal Mining value has been used up. For tax purposes Zhengzhou Coal can deduct the cost of the tangible assets it purchases as business expenses. However, Zhengzhou Coal Mining must depreciate these assets in accordance with IRS rules about how and when the deduction may be taken, and how long it will last. The systematic allocation of the cost of a tangible asset over its useful life.

Free Cash Flow

The amount of cash a company generates after accounting for cash outflows to support operations and maintain its capital assets.

Most indicators from Zhengzhou Coal's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Zhengzhou Coal Mining 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 Zhengzhou Coal Mining. 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.

As of December 3, 2024, Selling General Administrative is expected to decline to about 973 M. In addition to that, Tax Provision is expected to decline to about 414.8 M

	2021	2022	2023	2024 (projected)
Operating Income	2.8B	3.5B	4.2B	4.4B
Total Revenue	29.3B	32.0B	36.4B	38.2B

Operating Income Total Revenue

Zhengzhou Coal fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Retained Earnings	Accounts Payable	Cash	Other Assets	Net Receivables	Inventory	Other Current Assets	Total Liab	Intangible Assets	Common Stock	Property Plant Equipment	Long Term Debt	Short Term Investments	Net Tangible Assets	Non Current Assets Total	Non Currrent Assets Other	Non Current Liabilities Total	Other Stockholder Equity	Total Current Assets	Good Will	Common Stock Shares Outstanding
Total Assets		0.14	0.98	0.8	0.88	0.97	0.99	0.64	0.58	0.63	0.97	0.85	0.99	0.69	0.55	0.98	0.94	0.89	0.82	0.92	-0.85	0.94	0.05	0.93	-0.27	0.71
Other Current Liab	0.14		0.2	0.09	0.46	0.01	0.14	0.1	0.13	0.24	0.07	-0.23	0.23	0.55	0.04	0.3	0.08	-0.07	0.14	0.38	-0.33	0.37	-0.88	0.18	0.55	-0.16
Total Current Liabilities	0.98	0.2		0.75	0.91	0.93	0.99	0.61	0.54	0.62	0.97	0.84	1.0	0.72	0.44	0.97	0.89	0.88	0.81	0.92	-0.89	0.95	0.01	0.95	-0.22	0.67
Total Stockholder Equity	0.8	0.09	0.75		0.66	0.82	0.76	0.77	0.51	0.7	0.72	0.66	0.75	0.66	0.84	0.79	0.76	0.67	0.8	0.77	-0.64	0.81	0.0	0.84	-0.19	0.25
Other Liab	0.88	0.46	0.91	0.66		0.76	0.89	0.56	0.55	0.75	0.8	0.56	0.91	0.9	0.45	0.94	0.78	0.65	0.62	0.93	-0.95	0.92	-0.37	0.84	0.17	0.45
Retained Earnings	0.97	0.01	0.93	0.82	0.76		0.94	0.62	0.52	0.55	0.95	0.88	0.93	0.57	0.61	0.92	0.96	0.92	0.83	0.83	-0.75	0.86	0.18	0.89	-0.41	0.75
Accounts Payable	0.99	0.14	0.99	0.76	0.89	0.94		0.63	0.6	0.65	0.97	0.84	0.99	0.7	0.49	0.98	0.91	0.86	0.79	0.93	-0.87	0.94	0.04	0.93	-0.22	0.7
Cash	0.64	0.1	0.61	0.77	0.56	0.62	0.63		0.25	0.62	0.56	0.52	0.59	0.46	0.65	0.67	0.46	0.48	0.57	0.55	-0.58	0.6	-0.01	0.63	-0.06	0.19
Other Assets	0.58	0.13	0.54	0.51	0.55	0.52	0.6	0.25		0.56	0.47	0.34	0.57	0.67	0.47	0.58	0.53	0.32	0.35	0.75	-0.37	0.61	-0.18	0.47	0.02	0.28
Net Receivables	0.63	0.24	0.62	0.7	0.75	0.55	0.65	0.62	0.56		0.49	0.31	0.62	0.85	0.7	0.73	0.54	0.27	0.34	0.72	-0.77	0.67	-0.34	0.6	0.43	0.09
Inventory	0.97	0.07	0.97	0.72	0.8	0.95	0.97	0.56	0.47	0.49		0.91	0.97	0.55	0.39	0.92	0.93	0.94	0.86	0.85	-0.8	0.9	0.19	0.93	-0.4	0.78
Other Current Assets	0.85	-0.23	0.84	0.66	0.56	0.88	0.84	0.52	0.34	0.31	0.91		0.83	0.28	0.33	0.76	0.81	0.93	0.8	0.65	-0.61	0.72	0.49	0.83	-0.62	0.75
Total Liab	0.99	0.23	1.0	0.75	0.91	0.93	0.99	0.59	0.57	0.62	0.97	0.83		0.73	0.44	0.98	0.91	0.88	0.82	0.94	-0.89	0.96	-0.02	0.95	-0.21	0.67
Intangible Assets	0.69	0.55	0.72	0.66	0.9	0.57	0.7	0.46	0.67	0.85	0.55	0.28	0.73		0.55	0.78	0.6	0.37	0.46	0.87	-0.82	0.82	-0.57	0.7	0.43	0.12
Common Stock	0.55	0.04	0.44	0.84	0.45	0.61	0.49	0.65	0.47	0.7	0.39	0.33	0.44	0.55		0.57	0.57	0.33	0.41	0.52	-0.4	0.5	-0.14	0.47	0.04	0.1
Property Plant Equipment	0.98	0.3	0.97	0.79	0.94	0.92	0.98	0.67	0.58	0.73	0.92	0.76	0.98	0.78	0.57		0.9	0.8	0.76	0.94	-0.9	0.95	-0.13	0.91	-0.08	0.62
Long Term Debt	0.94	0.08	0.89	0.76	0.78	0.96	0.91	0.46	0.53	0.54	0.93	0.81	0.91	0.6	0.57	0.9		0.87	0.8	0.83	-0.75	0.87	0.09	0.86	-0.32	0.73
Short Term Investments	0.89	-0.07	0.88	0.67	0.65	0.92	0.86	0.48	0.32	0.27	0.94	0.93	0.88	0.37	0.33	0.8	0.87		0.88	0.71	-0.66	0.79	0.35	0.88	-0.61	0.77
Net Tangible Assets	0.82	0.14	0.81	0.8	0.62	0.83	0.79	0.57	0.35	0.34	0.86	0.8	0.82	0.46	0.41	0.76	0.8	0.88		0.75	-0.6	0.86	0.17	0.92	-0.49	0.47
Non Current Assets Total	0.92	0.38	0.92	0.77	0.93	0.83	0.93	0.55	0.75	0.72	0.85	0.65	0.94	0.87	0.52	0.94	0.83	0.71	0.75		-0.84	0.97	-0.24	0.9	-0.01	0.47
Non Currrent Assets Other	-0.85	-0.33	-0.89	-0.64	-0.95	-0.75	-0.87	-0.58	-0.37	-0.77	-0.8	-0.61	-0.89	-0.82	-0.4	-0.9	-0.75	-0.66	-0.6	-0.84		-0.87	0.24	-0.85	-0.17	-0.45
Non Current Liabilities Total	0.94	0.37	0.95	0.81	0.92	0.86	0.94	0.6	0.61	0.67	0.9	0.72	0.96	0.82	0.5	0.95	0.87	0.79	0.86	0.97	-0.87		-0.17	0.96	-0.09	0.48
Other Stockholder Equity	0.05	-0.88	0.01	0.0	-0.37	0.18	0.04	-0.01	-0.18	-0.34	0.19	0.49	-0.02	-0.57	-0.14	-0.13	0.09	0.35	0.17	-0.24	0.24	-0.17		0.05	-0.81	0.39
Total Current Assets	0.93	0.18	0.95	0.84	0.84	0.89	0.93	0.63	0.47	0.6	0.93	0.83	0.95	0.7	0.47	0.91	0.86	0.88	0.92	0.9	-0.85	0.96	0.05		-0.26	0.51
Good Will	-0.27	0.55	-0.22	-0.19	0.17	-0.41	-0.22	-0.06	0.02	0.43	-0.4	-0.62	-0.21	0.43	0.04	-0.08	-0.32	-0.61	-0.49	-0.01	-0.17	-0.09	-0.81	-0.26		-0.53
Common Stock Shares Outstanding	0.71	-0.16	0.67	0.25	0.45	0.75	0.7	0.19	0.28	0.09	0.78	0.75	0.67	0.12	0.1	0.62	0.73	0.77	0.47	0.47	-0.45	0.48	0.39	0.51	-0.53

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Zhengzhou Coal Account Relationship Matchups

Zhengzhou Coal fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	29.7B	33.7B	36.6B	44.3B	49.2B	51.6B
Other Current Liab	2.8B	4.1B	5.0B	522.2M	643.3M	611.2M
Total Current Liabilities	12.3B	13.6B	14.0B	19.0B	18.9B	19.9B
Total Stockholder Equity	12.2B	13.1B	14.8B	17.8B	20.4B	10.4B
Other Liab	1.4B	1.4B	1.7B	1.2B	1.4B	1.4B
Retained Earnings	6.3B	7.2B	8.8B	10.6B	12.2B	12.8B
Accounts Payable	6.3B	6.5B	7.3B	9.3B	10.6B	11.1B
Cash	4.7B	3.8B	3.7B	4.4B	5.9B	3.6B
Other Assets	1.7B	1.5B	1.7B	1.6B	1.8B	1.9B
Net Receivables	10.0B	5.8B	5.7B	6.7B	7.9B	5.1B
Inventory	3.6B	4.5B	6.2B	7.8B	9.3B	9.8B
Other Current Assets	447.4M	634.6M	954.6M	2.5B	2.4B	2.5B
Total Liab	16.6B	19.7B	21.0B	25.7B	27.3B	28.7B
Intangible Assets	2.0B	2.0B	1.6B	1.4B	1.4B	821.7M
Property Plant Equipment	4.7B	5.4B	5.3B	5.8B	6.6B	7.0B
Long Term Debt	2.3B	3.6B	4.6B	4.3B	6.2B	6.5B
Short Term Investments	1.4B	3.0B	3.6B	6.2B	6.3B	6.6B
Net Tangible Assets	9.0B	10.1B	11.1B	13.1B	15.1B	11.4B
Non Current Assets Total	9.5B	11.2B	11.3B	10.9B	12.7B	10.5B
Non Currrent Assets Other	101.7M	655.2M	1.1B	311.2M	428.8M	407.4M
Non Current Liabilities Total	4.3B	6.0B	7.0B	6.7B	8.4B	5.4B
Other Stockholder Equity	(78.7M)	(183.5M)	(98.2M)	217.8M	196.1M	205.9M
Total Current Assets	20.2B	22.5B	25.3B	33.4B	36.5B	24.2B
Good Will	677.2M	520.4M	412.9M	131.9M	88.3M	83.9M
Deferred Long Term Liab	581.9M	597.6M	451.7M	601.6M	691.8M	504.6M
Net Invested Capital	15.6B	16.9B	20.3B	22.8B	27.2B	20.6B
Short Long Term Debt	1.1B	179.2M	890.1M	726.4M	662.1M	713.1M
Non Current Liabilities Other	616.7M	587.9M	443.9M	345.6M	316.5M	349.2M
Net Working Capital	7.9B	8.9B	11.3B	14.4B	17.6B	11.4B

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Other Information on Investing in Zhengzhou Stock

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

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Zhengzhou Depreciation vs Free Cash Flow Analysis

Depreciation vs Free Cash Flow

Depreciation vs Free Cash Flow Correlation Analysis

Correlation Coefficient

Depreciation

Free Cash Flow

Zhengzhou Coal fundamental ratios Correlations

Zhengzhou Coal Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Zhengzhou Coal fundamental ratios Accounts

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Other Information on Investing in Zhengzhou Stock

COMMON DESTINATIONS

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COMPANY

Total Liab	+ 1.0	Total Current Liabilities
Accounts Payable	+ 0.99	Total Assets
Total Liab	+ 0.99	Total Assets
Accounts Payable	+ 0.99	Total Current Liabilities
Total Liab	+ 0.99	Accounts Payable
Total Current Liabilities	+ 0.98	Total Assets

Non Currrent Assets Other	- 0.95	Other Liab
Non Currrent Assets Other	- 0.9	Property Plant Equipment
Non Currrent Assets Other	- 0.89	Total Liab
Non Currrent Assets Other	- 0.89	Total Current Liabilities
Other Stockholder Equity	- 0.88	Other Current Liab
Non Current Liabilities Total	- 0.87	Non Currrent Assets Other