Zhengzhou Total Current Liabilities vs Common Stock Analysis

601717 Stock   13.09  0.02  0.15%   
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 Total Current Liabilities and its Common Stock 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.

Total Current Liabilities vs Common Stock

Total Current Liabilities vs Common Stock Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Zhengzhou Coal Mining Total Current Liabilities account and Common Stock. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Zhengzhou Coal's Total Current Liabilities and Common Stock is 0.44. Overlapping area represents the amount of variation of Total Current Liabilities that can explain the historical movement of Common Stock 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 Total Current Liabilities and Common Stock is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Current Liabilities of Zhengzhou Coal Mining are associated (or correlated) with its Common Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock has no effect on the direction of Total Current Liabilities i.e., Zhengzhou Coal's Total Current Liabilities and Common Stock go up and down completely randomly.

Correlation Coefficient

0.44
Relationship DirectionPositive 
Relationship StrengthWeak

Total Current Liabilities

Total Current Liabilities is an item on Zhengzhou Coal balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Zhengzhou Coal Mining are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.

Common Stock

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 12, 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 Income2.8B3.5B4.2B4.4B
Total Revenue29.3B32.0B36.4B38.2B

Zhengzhou Coal fundamental ratios Correlations

0.140.980.80.880.970.990.640.580.630.970.850.990.690.550.980.940.890.820.92-0.850.940.050.93-0.270.71
0.140.20.090.460.010.140.10.130.240.07-0.230.230.550.040.30.08-0.070.140.38-0.330.37-0.880.180.55-0.16
0.980.20.750.910.930.990.610.540.620.970.841.00.720.440.970.890.880.810.92-0.890.950.010.95-0.220.67
0.80.090.750.660.820.760.770.510.70.720.660.750.660.840.790.760.670.80.77-0.640.810.00.84-0.190.25
0.880.460.910.660.760.890.560.550.750.80.560.910.90.450.940.780.650.620.93-0.950.92-0.370.840.170.45
0.970.010.930.820.760.940.620.520.550.950.880.930.570.610.920.960.920.830.83-0.750.860.180.89-0.410.75
0.990.140.990.760.890.940.630.60.650.970.840.990.70.490.980.910.860.790.93-0.870.940.040.93-0.220.7
0.640.10.610.770.560.620.630.250.620.560.520.590.460.650.670.460.480.570.55-0.580.6-0.010.63-0.060.19
0.580.130.540.510.550.520.60.250.560.470.340.570.670.470.580.530.320.350.75-0.370.61-0.180.470.020.28
0.630.240.620.70.750.550.650.620.560.490.310.620.850.70.730.540.270.340.72-0.770.67-0.340.60.430.09
0.970.070.970.720.80.950.970.560.470.490.910.970.550.390.920.930.940.860.85-0.80.90.190.93-0.40.78
0.85-0.230.840.660.560.880.840.520.340.310.910.830.280.330.760.810.930.80.65-0.610.720.490.83-0.620.75
0.990.231.00.750.910.930.990.590.570.620.970.830.730.440.980.910.880.820.94-0.890.96-0.020.95-0.210.67
0.690.550.720.660.90.570.70.460.670.850.550.280.730.550.780.60.370.460.87-0.820.82-0.570.70.430.12
0.550.040.440.840.450.610.490.650.470.70.390.330.440.550.570.570.330.410.52-0.40.5-0.140.470.040.1
0.980.30.970.790.940.920.980.670.580.730.920.760.980.780.570.90.80.760.94-0.90.95-0.130.91-0.080.62
0.940.080.890.760.780.960.910.460.530.540.930.810.910.60.570.90.870.80.83-0.750.870.090.86-0.320.73
0.89-0.070.880.670.650.920.860.480.320.270.940.930.880.370.330.80.870.880.71-0.660.790.350.88-0.610.77
0.820.140.810.80.620.830.790.570.350.340.860.80.820.460.410.760.80.880.75-0.60.860.170.92-0.490.47
0.920.380.920.770.930.830.930.550.750.720.850.650.940.870.520.940.830.710.75-0.840.97-0.240.9-0.010.47
-0.85-0.33-0.89-0.64-0.95-0.75-0.87-0.58-0.37-0.77-0.8-0.61-0.89-0.82-0.4-0.9-0.75-0.66-0.6-0.84-0.870.24-0.85-0.17-0.45
0.940.370.950.810.920.860.940.60.610.670.90.720.960.820.50.950.870.790.860.97-0.87-0.170.96-0.090.48
0.05-0.880.010.0-0.370.180.04-0.01-0.18-0.340.190.49-0.02-0.57-0.14-0.130.090.350.17-0.240.24-0.170.05-0.810.39
0.930.180.950.840.840.890.930.630.470.60.930.830.950.70.470.910.860.880.920.9-0.850.960.05-0.260.51
-0.270.55-0.22-0.190.17-0.41-0.22-0.060.020.43-0.4-0.62-0.210.430.04-0.08-0.32-0.61-0.49-0.01-0.17-0.09-0.81-0.26-0.53
0.71-0.160.670.250.450.750.70.190.280.090.780.750.670.120.10.620.730.770.470.47-0.450.480.390.51-0.53
Click cells to compare fundamentals

Zhengzhou Coal Account Relationship Matchups

Zhengzhou Coal fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets29.7B33.7B36.6B44.3B49.2B51.6B
Other Current Liab2.8B4.1B5.0B522.2M643.3M611.2M
Total Current Liabilities12.3B13.6B14.0B19.0B18.9B19.9B
Total Stockholder Equity12.2B13.1B14.8B17.8B20.4B10.4B
Other Liab1.4B1.4B1.7B1.2B1.4B1.4B
Retained Earnings6.3B7.2B8.8B10.6B12.2B12.8B
Accounts Payable6.3B6.5B7.3B9.3B10.6B11.1B
Cash4.7B3.8B3.7B4.4B5.9B3.6B
Other Assets1.7B1.5B1.7B1.6B1.8B1.9B
Net Receivables10.0B5.8B5.7B6.7B7.9B5.1B
Inventory3.6B4.5B6.2B7.8B9.3B9.8B
Other Current Assets447.4M634.6M954.6M2.5B2.4B2.5B
Total Liab16.6B19.7B21.0B25.7B27.3B28.7B
Intangible Assets2.0B2.0B1.6B1.4B1.4B821.7M
Property Plant Equipment4.7B5.4B5.3B5.8B6.6B7.0B
Long Term Debt2.3B3.6B4.6B4.3B6.2B6.5B
Short Term Investments1.4B3.0B3.6B6.2B6.3B6.6B
Net Tangible Assets9.0B10.1B11.1B13.1B15.1B11.4B
Non Current Assets Total9.5B11.2B11.3B10.9B12.7B10.5B
Non Currrent Assets Other101.7M655.2M1.1B311.2M428.8M407.4M
Non Current Liabilities Total4.3B6.0B7.0B6.7B8.4B5.4B
Other Stockholder Equity(78.7M)(183.5M)(98.2M)217.8M196.1M205.9M
Total Current Assets20.2B22.5B25.3B33.4B36.5B24.2B
Good Will677.2M520.4M412.9M131.9M88.3M83.9M
Deferred Long Term Liab581.9M597.6M451.7M601.6M691.8M504.6M
Net Invested Capital15.6B16.9B20.3B22.8B27.2B20.6B
Short Long Term Debt1.1B179.2M890.1M726.4M662.1M713.1M
Non Current Liabilities Other616.7M587.9M443.9M345.6M316.5M349.2M
Net Working Capital7.9B8.9B11.3B14.4B17.6B11.4B

Currently Active Assets on Macroaxis

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.