ZFCVINDIA Total Revenue vs Non Current Assets Total Analysis

ZFCVINDIA   10,942  6.80  0.06%   
ZF Commercial financial indicator trend analysis is more than just analyzing ZF Commercial Vehicle current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether ZF Commercial Vehicle is a good investment. Please check the relationship between ZF Commercial Total Revenue and its Non Current Assets Total accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in ZF Commercial Vehicle. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.

Total Revenue vs Non Current Assets Total

Total Revenue vs Non Current Assets Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of ZF Commercial Vehicle Total Revenue account and Non Current Assets Total. At this time, the significance of the direction appears to have almost identical trend.
The correlation between ZF Commercial's Total Revenue and Non Current Assets Total is 0.96. Overlapping area represents the amount of variation of Total Revenue that can explain the historical movement of Non Current Assets Total in the same time period over historical financial statements of ZF Commercial Vehicle, assuming nothing else is changed. The correlation between historical values of ZF Commercial's Total Revenue 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 Total Revenue of ZF Commercial Vehicle 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 Total Revenue i.e., ZF Commercial's Total Revenue and Non Current Assets Total go up and down completely randomly.

Correlation Coefficient

0.96
Relationship DirectionPositive 
Relationship StrengthVery Strong

Total Revenue

Total revenue comprises all receipts ZF Commercial Vehicle generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

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 ZF Commercial's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into ZF Commercial Vehicle 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 ZF Commercial Vehicle. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
The current year's Selling General Administrative is expected to grow to about 681.2 M, whereas Tax Provision is forecasted to decline to about 914.9 M.
 2022 2023 2024 2025 (projected)
Interest Expense56.7M50.1M57.6M36.8M
Depreciation And Amortization1.0B1.1B1.3B1.3B

ZF Commercial fundamental ratios Correlations

0.770.770.741.00.980.250.990.660.020.980.330.990.05-0.620.280.780.620.790.771.00.35-0.62-0.110.26-0.73
0.770.440.360.780.850.430.790.32-0.120.830.020.72-0.43-0.7-0.170.980.440.560.440.740.01-0.70.11-0.09-0.87
0.770.440.860.740.680.180.750.74-0.030.690.580.80.47-0.10.640.430.60.480.870.780.48-0.1-0.010.49-0.31
0.740.360.860.680.61-0.190.680.980.350.630.330.730.51-0.110.470.380.670.560.990.770.34-0.11-0.220.26-0.33
1.00.780.740.680.990.311.00.6-0.040.990.340.990.0-0.630.270.790.60.790.720.990.35-0.63-0.090.27-0.75
0.980.850.680.610.990.340.980.53-0.061.00.270.95-0.13-0.70.140.870.610.770.650.960.34-0.7-0.090.17-0.81
0.250.430.18-0.190.310.340.33-0.3-0.950.350.240.29-0.35-0.270.10.4-0.110.02-0.130.220.17-0.270.660.25-0.33
0.990.790.750.681.00.980.330.6-0.060.990.340.99-0.01-0.630.270.790.570.80.720.990.35-0.63-0.040.28-0.76
0.660.320.740.980.60.53-0.30.60.460.550.170.640.48-0.10.350.350.650.530.970.70.26-0.1-0.270.11-0.32
0.02-0.12-0.030.35-0.04-0.06-0.95-0.060.46-0.07-0.23-0.040.240.04-0.16-0.090.270.220.320.04-0.150.04-0.68-0.270.04
0.980.830.690.630.991.00.350.990.55-0.070.290.97-0.1-0.680.180.840.590.780.670.970.34-0.68-0.070.21-0.8
0.330.020.580.330.340.270.240.340.17-0.230.290.430.580.160.83-0.010.070.070.310.340.50.16-0.010.960.22
0.990.720.80.730.990.950.290.990.64-0.040.970.430.11-0.560.390.720.550.780.760.990.36-0.56-0.060.38-0.67
0.05-0.430.470.510.0-0.13-0.35-0.010.480.24-0.10.580.110.460.85-0.410.1-0.170.440.090.280.46-0.270.570.6
-0.62-0.7-0.1-0.11-0.63-0.7-0.27-0.63-0.10.04-0.680.16-0.560.460.3-0.72-0.18-0.61-0.13-0.6-0.021.0-0.030.20.69
0.28-0.170.640.470.270.140.10.270.35-0.160.180.830.390.850.3-0.190.08-0.020.430.310.380.3-0.030.850.39
0.780.980.430.380.790.870.40.790.35-0.090.84-0.010.72-0.41-0.72-0.190.510.540.460.760.07-0.720.02-0.14-0.87
0.620.440.60.670.60.61-0.110.570.650.270.590.070.550.1-0.180.080.510.370.70.620.27-0.18-0.55-0.09-0.46
0.790.560.480.560.790.770.020.80.530.220.780.070.78-0.17-0.61-0.020.540.370.570.790.34-0.61-0.070.08-0.75
0.770.440.870.990.720.65-0.130.720.970.320.670.310.760.44-0.130.430.460.70.570.790.33-0.13-0.20.23-0.4
1.00.740.780.770.990.960.220.990.70.040.970.340.990.09-0.60.310.760.620.790.790.35-0.6-0.130.27-0.71
0.350.010.480.340.350.340.170.350.26-0.150.340.50.360.28-0.020.380.070.270.340.330.35-0.02-0.040.37-0.07
-0.62-0.7-0.1-0.11-0.63-0.7-0.27-0.63-0.10.04-0.680.16-0.560.461.00.3-0.72-0.18-0.61-0.13-0.6-0.02-0.030.20.69
-0.110.11-0.01-0.22-0.09-0.090.66-0.04-0.27-0.68-0.07-0.01-0.06-0.27-0.03-0.030.02-0.55-0.07-0.2-0.13-0.04-0.030.08-0.07
0.26-0.090.490.260.270.170.250.280.11-0.270.210.960.380.570.20.85-0.14-0.090.080.230.270.370.20.080.27
-0.73-0.87-0.31-0.33-0.75-0.81-0.33-0.76-0.320.04-0.80.22-0.670.60.690.39-0.87-0.46-0.75-0.4-0.71-0.070.69-0.070.27
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ZF Commercial Account Relationship Matchups

ZF Commercial fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets25.0B26.4B30.2B33.8B38.9B40.8B
Short Long Term Debt Total95.7M38.9M653.5M684.4M787.0M826.4M
Other Current Liab934.4M1.3B1.6B1.1B1.3B692.9M
Total Current Liabilities4.8B5.0B5.3B5.1B5.9B3.5B
Total Stockholder Equity20.0B21.1B24.1B27.9B32.1B33.7B
Property Plant And Equipment Net4.8B5.6B6.5B7.4B8.5B9.0B
Net Debt(1.5B)(853.6M)(204.3M)(460.2M)(414.2M)(434.9M)
Retained Earnings17.4B18.6B21.5B25.3B29.1B30.6B
Accounts Payable3.4B3.5B3.6B3.8B4.4B2.6B
Cash1.6B892.5M857.7M1.1B1.3B1.3B
Non Current Assets Total6.0B6.8B7.8B9.1B10.4B11.0B
Non Currrent Assets Other10.4B10.0B12.6B1.0B1.2B1.1B
Cash And Short Term Investments11.0B10.6B12.7B13.2B15.2B15.9B
Net Receivables6.8B7.5B7.7B246.0M282.9M268.7M
Short Term Investments9.4B9.7B11.8B232.9M267.8M254.4M
Liabilities And Stockholders Equity25.0B26.4B30.2B33.8B38.9B40.8B
Non Current Liabilities Total160.8M241.4M774.9M813.1M935.1M981.8M
Inventory1.1B1.4B1.6B1.8B2.0B1.3B
Other Current Assets6.9B7.5B286.1M9.5B11.0B11.5B
Total Liab5.0B5.2B6.1B5.9B6.8B3.8B
Total Current Assets19.0B19.6B22.4B24.7B28.5B29.9B
Intangible Assets33.0M584.0M115.5M111.7M128.4M72.3M
Short Term Debt51.4M36.2M36.2M71.1M64.0M44.0M
Current Deferred Revenue1.3B870.3M1.1B65.0M74.8M71.0M
Capital Lease Obligations95.7M38.9M653.5M684.4M787.0M826.4M
Net Invested Capital20.0B21.1B24.1B27.9B32.1B24.6B
Property Plant And Equipment Gross8.6B10.3B6.5B7.4B6.7B6.5B
Net Working Capital14.1B14.6B17.0B19.6B22.6B17.2B

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Other Information on Investing in ZFCVINDIA Stock

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