Zee Total Current Assets vs Total Current Liabilities Analysis

ZEELEARN   8.32  0.18  2.12%   
Zee Learn financial indicator trend analysis is more than just analyzing Zee Learn Limited current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Zee Learn Limited is a good investment. Please check the relationship between Zee Learn Total Current Assets and its Total Current Liabilities accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Zee Learn Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.

Total Current Assets vs Total Current Liabilities

Total Current Assets vs Total Current Liabilities Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Zee Learn Limited Total Current Assets account and Total Current Liabilities. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Zee Learn's Total Current Assets and Total Current Liabilities is 0.88. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Total Current Liabilities in the same time period over historical financial statements of Zee Learn Limited, assuming nothing else is changed. The correlation between historical values of Zee Learn's Total Current Assets and Total Current Liabilities 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 Assets of Zee Learn Limited are associated (or correlated) with its Total Current Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Liabilities has no effect on the direction of Total Current Assets i.e., Zee Learn's Total Current Assets and Total Current Liabilities go up and down completely randomly.

Correlation Coefficient

0.88
Relationship DirectionPositive 
Relationship StrengthStrong

Total Current Assets

The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.

Total Current Liabilities

Total Current Liabilities is an item on Zee Learn balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Zee Learn Limited 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.
Most indicators from Zee Learn's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Zee Learn Limited 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 Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Zee Learn Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.
As of 12/22/2024, Selling General Administrative is likely to drop to about 91.4 M. In addition to that, Tax Provision is likely to drop to about 206.8 M
 2021 2022 2023 2024 (projected)
Gross Profit1.9B1.2B2.6B1.8B
Total Revenue2.5B3.2B3.6B2.6B

Zee Learn fundamental ratios Correlations

0.870.070.710.76-0.420.87-0.250.980.82-0.060.540.920.10.17-0.270.930.530.670.880.58-0.20.960.490.760.79
0.870.140.710.5-0.171.0-0.280.860.670.080.530.860.360.14-0.190.90.460.720.70.75-0.330.870.190.720.5
0.070.140.68-0.18-0.320.140.03-0.04-0.31-0.090.03-0.050.330.86-0.150.230.740.34-0.090.14-0.560.04-0.41-0.15-0.33
0.710.710.680.24-0.570.7-0.040.620.410.10.420.580.370.71-0.330.820.880.630.510.44-0.590.68-0.130.530.25
0.760.5-0.180.24-0.120.51-0.370.80.58-0.420.420.66-0.31-0.08-0.150.490.230.390.80.310.150.730.890.480.86
-0.42-0.17-0.32-0.57-0.12-0.17-0.23-0.36-0.52-0.19-0.04-0.310.12-0.460.27-0.47-0.51-0.09-0.270.110.18-0.320.01-0.29-0.45
0.871.00.140.70.51-0.17-0.330.870.670.030.50.860.360.13-0.220.90.450.710.70.74-0.310.860.20.710.51
-0.25-0.280.03-0.04-0.37-0.23-0.33-0.3-0.060.730.22-0.23-0.080.130.3-0.160.07-0.17-0.18-0.23-0.22-0.14-0.38-0.15-0.18
0.980.86-0.040.620.8-0.360.87-0.30.86-0.080.480.920.030.04-0.270.880.410.590.880.59-0.110.940.550.770.84
0.820.67-0.310.410.58-0.520.67-0.060.860.170.320.78-0.13-0.19-0.260.740.120.280.70.380.050.760.460.810.86
-0.060.08-0.090.1-0.42-0.190.030.73-0.080.170.370.130.260.080.120.120.050.12-0.180.18-0.50.1-0.580.02-0.15
0.540.530.030.420.42-0.040.50.220.480.320.370.570.240.350.00.520.530.640.430.43-0.540.690.10.350.33
0.920.86-0.050.580.66-0.310.86-0.230.920.780.130.570.210.1-0.10.90.430.740.760.76-0.280.930.350.60.72
0.10.360.330.37-0.310.120.36-0.080.03-0.130.260.240.210.29-0.060.340.280.57-0.130.47-0.490.16-0.54-0.04-0.35
0.170.140.860.71-0.08-0.460.130.130.04-0.190.080.350.10.29-0.110.320.90.440.00.1-0.70.2-0.39-0.09-0.19
-0.27-0.19-0.15-0.33-0.150.27-0.220.3-0.27-0.260.120.0-0.1-0.06-0.11-0.25-0.160.04-0.150.09-0.06-0.14-0.14-0.25-0.19
0.930.90.230.820.49-0.470.9-0.160.880.740.120.520.90.340.32-0.250.620.760.720.66-0.410.910.180.710.59
0.530.460.740.880.23-0.510.450.070.410.120.050.530.430.280.9-0.160.620.620.420.27-0.630.55-0.140.230.12
0.670.720.340.630.39-0.090.71-0.170.590.280.120.640.740.570.440.040.760.620.420.75-0.690.760.010.290.27
0.880.7-0.090.510.8-0.270.7-0.180.880.7-0.180.430.76-0.130.0-0.150.720.420.420.350.10.820.620.680.75
0.580.750.140.440.310.110.74-0.230.590.380.180.430.760.470.10.090.660.270.750.35-0.440.640.010.310.25
-0.2-0.33-0.56-0.590.150.18-0.31-0.22-0.110.05-0.5-0.54-0.28-0.49-0.7-0.06-0.41-0.63-0.690.1-0.44-0.380.54-0.060.2
0.960.870.040.680.73-0.320.86-0.140.940.760.10.690.930.160.2-0.140.910.550.760.820.64-0.380.390.730.72
0.490.19-0.41-0.130.890.010.2-0.380.550.46-0.580.10.35-0.54-0.39-0.140.18-0.140.010.620.010.540.390.340.79
0.760.72-0.150.530.48-0.290.71-0.150.770.810.020.350.6-0.04-0.09-0.250.710.230.290.680.31-0.060.730.340.61
0.790.5-0.330.250.86-0.450.51-0.180.840.86-0.150.330.72-0.35-0.19-0.190.590.120.270.750.250.20.720.790.61
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Zee Learn Account Relationship Matchups

Zee Learn fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets15.2B14.7B14.5B10.2B10.8B9.5B
Short Long Term Debt Total4.6B4.4B4.4B4.6B3.6B3.4B
Other Current Liab467.0M848.8M1.6B881.5M3.1B3.3B
Total Current Liabilities3.5B3.8B4.1B4.3B5.1B5.3B
Total Stockholder Equity4.7B4.6B4.6B183.0M1.8B2.8B
Property Plant And Equipment Net1.4B972.9M686.0M615.0M273.3M259.7M
Net Debt4.5B4.4B4.1B4.4B3.4B3.2B
Cash80.9M56.6M256.3M257.1M190.6M188.6M
Non Current Assets Total13.6B12.7B12.5B8.6B7.0B8.1B
Non Currrent Assets Other6.9B6.6B6.8B6.3B213.5M202.8M
Cash And Short Term Investments186.1M60.0M256.3M529.5M225.7M248.7M
Common Stock Shares Outstanding326.1M326.1M326.1M326.2M326.8M330.7M
Liabilities And Stockholders Equity15.2B14.7B14.5B10.2B10.8B9.5B
Non Current Liabilities Total5.4B4.8B4.4B4.6B4.0B3.8B
Inventory177.0M106.6M49.3M262.0M272.5M153.7M
Other Current Assets79.1M824.4M441.2M636.2M2.9B3.1B
Other Stockholder Equity2.8B3.6B(3.2B)1.3B1.2B1.2B
Total Liab8.9B8.6B8.5B8.8B9.0B6.2B
Total Current Assets1.6B2.0B2.0B1.6B3.8B4.0B
Accumulated Other Comprehensive Income(1.2B)1.6B1.6B1.6B1.6B1.7B
Net Receivables1.2B962.8M1.2B356.7M377.0M628.7M
Short Term Investments105.2M3.4M1K272.5M35.1M36.9M
Intangible Assets1.2B1.2B1.1B922.8M896.4M914.4M
Current Deferred Revenue1.3B1.3B1.5B799.5M585.3M594.4M
Retained Earnings1.5B1.4B1.4B(3.0B)(1.4B)(1.3B)
Accounts Payable519.3M921.6M737.4M702.0M128.8M122.4M
Short Term Debt1.2B1.5B1.8B1.8B1.2B994.2M
Other Liab2.0B1.9B1.7B1.7B1.9B1.5B
Net Tangible Assets331.6M342.2M396.4M(730.4M)(657.4M)(624.5M)
Other Assets2.3B1.9B2.1B913.9M1.1B1.4B
Long Term Debt2.7B2.5B2.3B2.5B2.1B2.1B
Short Long Term Debt951.4M492.3M1.7B1.7B1.1B1.1B
Property Plant Equipment6.9B6.5B6.2B626.3M720.3M684.3M
Long Term Debt Total3.4B2.9B2.6B2.9B2.6B2.3B
Non Current Liabilities Other1.8B1.6B1.5B1.5B1.3B1.4B
Cash And Equivalents80.0M56.3M256.3M257.1M295.6M310.4M

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