Zhuzhou Property Plant And Equipment Net vs Capital Lease Obligations Analysis

688187 Stock   45.66  0.06  0.13%   
Zhuzhou CRRC financial indicator trend analysis is more than just analyzing Zhuzhou CRRC Times current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Zhuzhou CRRC Times is a good investment. Please check the relationship between Zhuzhou CRRC Property Plant And Equipment Net and its Capital Lease Obligations accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Zhuzhou CRRC Times. 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.

Property Plant And Equipment Net vs Capital Lease Obligations

Property Plant And Equipment Net vs Capital Lease Obligations Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Zhuzhou CRRC Times Property Plant And Equipment Net account and Capital Lease Obligations. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Zhuzhou CRRC's Property Plant And Equipment Net and Capital Lease Obligations is 0.95. Overlapping area represents the amount of variation of Property Plant And Equipment Net that can explain the historical movement of Capital Lease Obligations in the same time period over historical financial statements of Zhuzhou CRRC Times, assuming nothing else is changed. The correlation between historical values of Zhuzhou CRRC's Property Plant And Equipment Net and Capital Lease Obligations is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant And Equipment Net of Zhuzhou CRRC Times are associated (or correlated) with its Capital Lease Obligations. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capital Lease Obligations has no effect on the direction of Property Plant And Equipment Net i.e., Zhuzhou CRRC's Property Plant And Equipment Net and Capital Lease Obligations go up and down completely randomly.

Correlation Coefficient

0.95
Relationship DirectionPositive 
Relationship StrengthVery Strong

Property Plant And Equipment Net

The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.

Capital Lease Obligations

Zhuzhou CRRC Times capital lease obligations are the amount due for long-term lease agreements that are nearly equivalent to Zhuzhou CRRC asset purchases. For example, Zhuzhou CRRC can use a capital lease to finance the purchase of an asset without ever buying it. A capital lease gives companies such as Zhuzhou CRRC control over an asset for a big portion of its life. The total obligations of a company under capital leases, which are lease agreements that transfer substantially all risks and rewards of ownership to the lessee.
Most indicators from Zhuzhou CRRC's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Zhuzhou CRRC Times 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 Zhuzhou CRRC Times. 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 Tax Provision is expected to grow to about 202.1 M. The current year's Selling General Administrative is expected to grow to about 874.6 M
 2022 2023 2024 2025 (projected)
Net Interest Income179.8M209.5M240.9M253.0M
Tax Provision349.6M209.5M188.5M202.1M

Zhuzhou CRRC fundamental ratios Correlations

-0.910.920.990.870.980.980.96-0.640.960.990.950.67-0.11-0.830.980.780.910.950.970.31-0.870.940.921.00.98
-0.91-0.75-0.92-0.94-0.92-0.91-0.90.83-0.91-0.9-0.84-0.580.380.94-0.89-0.67-0.81-0.81-0.96-0.050.88-0.77-0.94-0.91-0.91
0.92-0.750.870.650.830.90.83-0.530.770.940.80.770.27-0.570.860.620.850.980.840.64-0.651.00.710.910.91
0.99-0.920.870.90.990.970.96-0.650.980.970.970.61-0.21-0.880.980.820.890.920.980.22-0.90.890.951.00.97
0.87-0.940.650.90.910.90.93-0.790.920.860.840.45-0.5-0.970.880.650.850.740.92-0.15-0.830.690.980.880.89
0.98-0.920.830.990.910.940.94-0.620.990.950.980.53-0.29-0.910.980.850.850.880.980.15-0.930.850.970.980.95
0.98-0.910.90.970.90.940.97-0.690.920.990.90.69-0.11-0.820.930.650.970.950.940.24-0.80.930.920.981.0
0.96-0.90.830.960.930.940.97-0.750.940.950.880.7-0.18-0.860.960.690.960.880.930.12-0.80.870.930.960.97
-0.640.83-0.53-0.65-0.79-0.62-0.69-0.75-0.62-0.65-0.46-0.650.260.73-0.67-0.32-0.69-0.56-0.720.060.54-0.57-0.69-0.65-0.69
0.96-0.910.770.980.920.990.920.94-0.620.920.970.52-0.36-0.930.970.860.840.830.960.05-0.940.80.970.970.93
0.99-0.90.940.970.860.950.990.95-0.650.920.920.69-0.06-0.80.940.690.940.980.950.33-0.820.950.910.991.0
0.95-0.840.80.970.840.980.90.88-0.460.970.920.43-0.28-0.860.940.890.790.860.940.18-0.920.820.930.960.91
0.67-0.580.770.610.450.530.690.7-0.650.520.690.430.4-0.360.640.320.760.740.560.47-0.410.790.440.650.69
-0.110.380.27-0.21-0.5-0.29-0.11-0.180.26-0.36-0.06-0.280.40.62-0.17-0.29-0.020.14-0.280.820.470.23-0.46-0.14-0.11
-0.830.94-0.57-0.88-0.97-0.91-0.82-0.860.73-0.93-0.8-0.86-0.360.62-0.86-0.74-0.73-0.66-0.910.220.92-0.6-0.97-0.85-0.83
0.98-0.890.860.980.880.980.930.96-0.670.970.940.940.64-0.17-0.860.860.860.880.970.23-0.880.880.920.980.94
0.78-0.670.620.820.650.850.650.69-0.320.860.690.890.32-0.29-0.740.860.510.630.80.14-0.890.610.750.790.67
0.91-0.810.850.890.850.850.970.96-0.690.840.940.790.76-0.02-0.730.860.510.90.830.2-0.670.890.850.910.96
0.95-0.810.980.920.740.880.950.88-0.560.830.980.860.740.14-0.660.880.630.90.880.52-0.720.990.80.950.96
0.97-0.960.840.980.920.980.940.93-0.720.960.950.940.56-0.28-0.910.970.80.830.880.19-0.90.860.960.980.95
0.31-0.050.640.22-0.150.150.240.120.060.050.330.180.470.820.220.230.140.20.520.190.010.58-0.050.270.26
-0.870.88-0.65-0.9-0.83-0.93-0.8-0.80.54-0.94-0.82-0.92-0.410.470.92-0.88-0.89-0.67-0.72-0.90.01-0.67-0.9-0.88-0.81
0.94-0.771.00.890.690.850.930.87-0.570.80.950.820.790.23-0.60.880.610.890.990.860.58-0.670.750.930.94
0.92-0.940.710.950.980.970.920.93-0.690.970.910.930.44-0.46-0.970.920.750.850.80.96-0.05-0.90.750.940.92
1.0-0.910.911.00.880.980.980.96-0.650.970.990.960.65-0.14-0.850.980.790.910.950.980.27-0.880.930.940.98
0.98-0.910.910.970.890.951.00.97-0.690.931.00.910.69-0.11-0.830.940.670.960.960.950.26-0.810.940.920.98
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Zhuzhou CRRC Account Relationship Matchups

Zhuzhou CRRC fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets33.9B44.2B48.5B53.4B61.4B46.8B
Total Current Liabilities7.9B9.2B11.7B13.4B15.4B11.3B
Total Stockholder Equity23.9B32.6B34.5B36.9B42.4B33.0B
Property Plant And Equipment Net4.7B5.2B5.7B7.9B9.1B5.9B
Retained Earnings19.5B20.9B19.9B22.0B25.2B21.9B
Accounts Payable5.7B6.7B6.1B6.2B5.6B5.0B
Cash5.1B8.2B7.5B7.9B9.1B7.3B
Non Current Assets Total7.4B9.5B12.1B15.9B18.3B11.2B
Long Term Debt82.7M77.7M72.7M631.9M726.7M763.1M
Net Receivables8.5B8.3B9.9B12.5B14.4B11.5B
Good Will246.9M191.1M185.9M231.4M208.3M203.6M
Short Term Investments3.7B7.6B7.1B5.9B6.8B6.4B
Non Current Liabilities Total1.7B1.7B1.5B2.3B2.6B1.9B
Capital Lease Obligations85.9M120.2M193.7M275.6M316.9M171.6M
Inventory4.3B4.9B5.8B5.4B6.3B5.3B
Total Liab9.6B10.9B13.2B15.7B18.0B13.2B
Net Invested Capital26.1B34.7B37.7B41.9B48.2B36.3B
Property Plant And Equipment Gross7.4B8.2B9.3B12.2B14.0B9.4B
Short Long Term Debt2.1B2.0B3.1B4.4B5.1B3.1B
Total Current Assets26.4B34.6B36.4B37.5B43.1B35.6B
Non Current Liabilities Other26.1M20.4M8.0M5.4M4.9M4.7M
Net Working Capital18.5B25.5B24.7B24.1B27.7B24.3B
Intangible Assets1.2B1.1B1.1B1.7B1.9B1.3B

Currently Active Assets on Macroaxis

Other Information on Investing in Zhuzhou Stock

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