Zhengzhou Long Term Debt vs Non Current Assets Total Analysis

601717 Stock   13.27  0.37  2.71%   
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 Long Term Debt and its Non Current Assets Total 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.

Long Term Debt vs Non Current Assets Total

Long Term Debt vs Non Current Assets Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Zhengzhou Coal Mining Long Term Debt account and Non Current Assets Total. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Zhengzhou Coal's Long Term Debt and Non Current Assets Total is 0.85. Overlapping area represents the amount of variation of Long Term Debt that can explain the historical movement of Non Current Assets Total 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 Long Term Debt and Non Current Assets Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Long Term Debt of Zhengzhou Coal Mining are associated (or correlated) with its Non Current Assets Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Assets Total has no effect on the direction of Long Term Debt i.e., Zhengzhou Coal's Long Term Debt and Non Current Assets Total go up and down completely randomly.

Correlation Coefficient

0.85
Relationship DirectionPositive 
Relationship StrengthStrong

Long Term Debt

Long-term debt is a debt that Zhengzhou Coal Mining has held for over one year. Long-term debt appears on Zhengzhou Coal Mining 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 Zhengzhou Coal Mining 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.

Non Current Assets Total

The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible 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 March 2, 2025, 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
 2022 2023 2024 2025 (projected)
Operating Income3.5B4.2B4.8B5.1B
Total Revenue32.0B36.4B41.9B44.0B

Zhengzhou Coal fundamental ratios Correlations

0.030.990.960.840.980.990.690.560.650.980.90.990.660.530.960.960.920.840.91-0.840.920.210.92-0.40.75
0.030.09-0.120.42-0.090.03-0.010.110.16-0.04-0.280.110.490.020.25-0.03-0.140.070.26-0.270.24-0.870.050.57-0.22
0.990.090.910.880.940.990.670.540.640.970.881.00.690.440.960.920.910.840.92-0.880.940.170.93-0.360.72
0.96-0.120.910.720.990.940.710.520.620.930.890.910.540.650.890.950.90.790.81-0.720.830.310.84-0.490.77
0.840.420.880.720.740.860.570.560.770.770.580.890.90.470.940.760.650.640.91-0.950.89-0.290.80.090.45
0.98-0.090.940.990.740.960.680.50.580.970.920.950.550.570.90.970.950.840.84-0.750.870.320.89-0.520.79
0.990.030.990.940.860.960.690.570.670.980.890.990.670.480.960.940.90.820.92-0.860.930.20.92-0.360.74
0.69-0.010.670.710.570.680.690.280.680.650.610.660.490.640.70.580.590.680.65-0.610.70.160.74-0.240.54
0.560.110.540.520.560.50.570.280.560.460.350.550.670.480.590.510.340.360.73-0.390.58-0.140.46-0.020.29
0.650.160.640.620.770.580.670.680.560.540.40.640.860.710.760.580.370.450.76-0.790.72-0.20.660.260.34
0.98-0.040.970.930.770.970.980.650.460.540.940.970.540.40.90.950.960.860.86-0.790.890.330.92-0.510.8
0.9-0.280.880.890.580.920.890.610.350.40.940.870.320.340.770.870.950.820.71-0.640.760.560.85-0.680.78
0.990.111.00.910.890.950.990.660.550.640.970.870.70.450.970.930.910.840.93-0.880.940.140.93-0.350.72
0.660.490.690.540.90.550.670.490.670.860.540.320.70.570.80.580.40.510.86-0.830.81-0.470.680.320.24
0.530.020.440.650.470.570.480.640.480.710.40.340.450.570.580.540.340.420.54-0.420.52-0.090.48-0.010.28
0.960.250.960.890.940.90.960.70.590.760.90.770.970.80.580.890.810.770.94-0.910.93-0.040.88-0.160.62
0.96-0.030.920.950.760.970.940.580.510.580.950.870.930.580.540.890.910.820.85-0.750.870.240.87-0.450.78
0.92-0.140.910.90.650.950.90.590.340.370.960.950.910.40.340.810.910.880.75-0.680.820.450.88-0.680.79
0.840.070.840.790.640.840.820.680.360.450.860.820.840.510.420.770.820.880.82-0.640.90.260.94-0.550.74
0.910.260.920.810.910.840.920.650.730.760.860.710.930.860.540.940.850.750.82-0.840.98-0.070.91-0.160.6
-0.84-0.27-0.88-0.72-0.95-0.75-0.86-0.61-0.39-0.79-0.79-0.64-0.88-0.83-0.42-0.91-0.75-0.68-0.64-0.84-0.860.13-0.83-0.06-0.47
0.920.240.940.830.890.870.930.70.580.720.890.760.940.810.520.930.870.820.90.98-0.860.00.97-0.240.63
0.21-0.870.170.31-0.290.320.20.16-0.14-0.20.330.560.14-0.47-0.09-0.040.240.450.26-0.070.130.00.21-0.830.44
0.920.050.930.840.80.890.920.740.460.660.920.850.930.680.480.880.870.880.940.91-0.830.970.21-0.40.7
-0.40.57-0.36-0.490.09-0.52-0.36-0.24-0.020.26-0.51-0.68-0.350.32-0.01-0.16-0.45-0.68-0.55-0.16-0.06-0.24-0.83-0.4-0.57
0.75-0.220.720.770.450.790.740.540.290.340.80.780.720.240.280.620.780.790.740.6-0.470.630.440.7-0.57
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Zhengzhou Coal Account Relationship Matchups

Zhengzhou Coal fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets33.7B36.6B44.3B49.2B56.6B59.4B
Other Current Liab4.1B5.0B522.2M643.3M739.8M702.9M
Total Current Liabilities13.6B14.0B19.0B18.9B21.8B22.9B
Total Stockholder Equity13.1B14.8B17.8B20.4B23.4B24.6B
Other Liab1.4B1.4B1.7B1.2B1.4B1.4B
Retained Earnings7.2B8.8B10.6B12.2B14.0B14.7B
Accounts Payable6.5B7.3B9.3B10.6B12.2B12.8B
Cash3.8B3.7B4.4B5.9B6.8B3.6B
Other Assets1.7B1.5B1.7B1.6B1.8B1.9B
Net Receivables5.8B5.7B6.7B7.9B9.0B5.1B
Inventory4.5B6.2B7.8B9.3B10.7B11.2B
Other Current Assets634.6M954.6M2.5B2.4B2.7B2.8B
Total Liab19.7B21.0B25.7B27.3B31.4B33.0B
Intangible Assets2.0B1.6B1.4B1.4B1.6B821.7M
Property Plant Equipment4.7B5.4B5.3B5.8B6.6B7.0B
Long Term Debt3.6B4.6B4.3B6.2B7.1B7.4B
Short Term Investments3.0B3.6B6.2B6.3B7.3B7.6B
Net Tangible Assets9.0B10.1B11.1B13.1B15.1B11.4B
Non Current Assets Total11.2B11.3B10.9B12.7B14.5B10.5B
Non Currrent Assets Other655.2M1.1B311.2M428.8M386.0M366.7M
Non Current Liabilities Total6.0B7.0B6.7B8.4B9.6B5.4B
Other Stockholder Equity(78.7M)(183.5M)(98.2M)217.8M196.1M205.9M
Total Current Assets22.5B25.3B33.4B36.5B42.0B24.2B
Good Will520.4M412.9M131.9M88.3M79.5M75.5M
Deferred Long Term Liab581.9M597.6M451.7M601.6M691.8M504.6M
Net Invested Capital16.9B20.3B22.8B27.2B31.3B20.6B
Short Long Term Debt179.2M890.1M726.4M662.1M761.4M713.1M
Non Current Liabilities Other587.9M443.9M345.6M316.5M284.9M349.2M
Net Working Capital8.9B11.3B14.4B17.6B20.2B11.4B
Property Plant And Equipment Net5.3B5.8B6.4B7.2B8.3B6.6B
Capital Lease Obligations688.5M1.1B1.3B1.2B1.4B1.1B
Property Plant And Equipment Gross12.5B13.2B6.4B14.8B13.3B9.5B

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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.