ZFCVINDIA Total Stockholder Equity vs Retained Earnings Analysis

ZFCVINDIA   12,006  294.65  2.40%   
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 Stockholder Equity and its Retained Earnings 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 Stockholder Equity vs Retained Earnings

Total Stockholder Equity vs Retained Earnings Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of ZF Commercial Vehicle Total Stockholder Equity account and Retained Earnings. At this time, the significance of the direction appears to have totally related.
The correlation between ZF Commercial's Total Stockholder Equity and Retained Earnings is 1.0. Overlapping area represents the amount of variation of Total Stockholder Equity that can explain the historical movement of Retained Earnings 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 Stockholder Equity and Retained Earnings 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 Stockholder Equity of ZF Commercial Vehicle are associated (or correlated) with its Retained Earnings. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Retained Earnings has no effect on the direction of Total Stockholder Equity i.e., ZF Commercial's Total Stockholder Equity and Retained Earnings go up and down completely randomly.

Correlation Coefficient

1.0
Relationship DirectionPositive 
Relationship StrengthVery Strong

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.
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 592.4 M, whereas Tax Provision is forecasted to decline to about 914.9 M.
 2021 2022 2023 2024 (projected)
Interest Expense19.0M56.7M50.1M36.8M
Depreciation And Amortization924.3M1.0B1.1B587.3M

ZF Commercial fundamental ratios Correlations

0.450.90.850.870.970.080.860.750.050.980.580.90.51-0.20.660.470.630.570.870.890.42-0.2-0.180.52-0.36
0.450.390.270.680.560.390.70.22-0.130.530.10.62-0.3-0.76-0.060.970.290.380.350.64-0.04-0.760.1-0.01-0.82
0.90.390.840.760.840.130.770.71-0.020.850.650.810.63-0.080.760.380.540.430.860.810.48-0.08-0.030.57-0.19
0.850.270.840.680.72-0.270.680.980.380.740.390.730.68-0.090.580.290.620.521.00.780.33-0.09-0.240.33-0.2
0.870.680.760.680.870.231.00.59-0.030.870.470.990.22-0.620.470.690.530.720.710.990.37-0.62-0.140.41-0.65
0.970.560.840.720.870.20.860.61-0.051.00.570.870.35-0.270.560.580.640.520.760.860.45-0.27-0.170.48-0.45
0.080.390.13-0.270.230.20.26-0.39-0.960.210.270.22-0.31-0.280.150.35-0.23-0.1-0.230.130.15-0.280.670.28-0.26
0.860.70.770.681.00.860.260.58-0.060.870.470.990.21-0.630.460.70.490.720.710.980.38-0.63-0.070.42-0.66
0.750.220.710.980.590.61-0.390.580.490.630.220.630.64-0.080.450.260.60.490.970.70.24-0.08-0.30.16-0.19
0.05-0.13-0.020.38-0.03-0.05-0.96-0.060.49-0.06-0.24-0.030.250.07-0.16-0.10.310.260.350.06-0.150.07-0.68-0.270.04
0.980.530.850.740.871.00.210.870.63-0.060.580.880.38-0.250.60.540.610.530.770.870.44-0.25-0.140.51-0.43
0.580.10.650.390.470.570.270.470.22-0.240.580.550.580.180.840.070.150.150.390.460.520.180.00.960.19
0.90.620.810.730.990.870.220.990.63-0.030.880.550.33-0.520.570.610.470.710.750.990.37-0.52-0.090.52-0.56
0.51-0.30.630.680.220.35-0.310.210.640.250.380.580.330.520.85-0.280.310.00.650.320.330.52-0.270.560.53
-0.2-0.76-0.08-0.09-0.62-0.27-0.28-0.63-0.080.07-0.250.18-0.520.520.33-0.76-0.16-0.61-0.12-0.56-0.021.0-0.040.220.93
0.66-0.060.760.580.470.560.150.460.45-0.160.60.840.570.850.33-0.080.210.110.560.50.410.33-0.010.850.34
0.470.970.380.290.690.580.350.70.26-0.10.540.070.61-0.28-0.76-0.080.390.350.370.650.04-0.76-0.01-0.07-0.82
0.630.290.540.620.530.64-0.230.490.60.310.610.150.470.31-0.160.210.390.220.640.570.25-0.16-0.66-0.02-0.27
0.570.380.430.520.720.52-0.10.720.490.260.530.150.710.0-0.610.110.350.220.510.720.36-0.61-0.110.18-0.66
0.870.350.861.00.710.76-0.230.710.970.350.770.390.750.65-0.120.560.370.640.510.80.33-0.12-0.240.31-0.25
0.890.640.810.780.990.860.130.980.70.060.870.460.990.32-0.560.50.650.570.720.80.37-0.56-0.170.4-0.6
0.42-0.040.480.330.370.450.150.380.24-0.150.440.520.370.33-0.020.410.040.250.360.330.37-0.02-0.040.38-0.02
-0.2-0.76-0.08-0.09-0.62-0.27-0.28-0.63-0.080.07-0.250.18-0.520.521.00.33-0.76-0.16-0.61-0.12-0.56-0.02-0.040.220.93
-0.180.1-0.03-0.24-0.14-0.170.67-0.07-0.3-0.68-0.140.0-0.09-0.27-0.04-0.01-0.01-0.66-0.11-0.24-0.17-0.04-0.040.09-0.05
0.52-0.010.570.330.410.480.280.420.16-0.270.510.960.520.560.220.85-0.07-0.020.180.310.40.380.220.090.24
-0.36-0.82-0.19-0.2-0.65-0.45-0.26-0.66-0.190.04-0.430.19-0.560.530.930.34-0.82-0.27-0.66-0.25-0.6-0.020.93-0.050.24
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ZF Commercial Account Relationship Matchups

ZF Commercial fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets21.8B25.0B26.4B30.2B33.8B17.2B
Other Current Liab870.8M934.4M1.3B1.6B1.1B692.9M
Total Current Liabilities2.6B4.8B5.0B5.3B5.1B3.5B
Total Stockholder Equity18.9B20.0B21.1B24.1B27.9B29.3B
Property Plant And Equipment Net5.0B4.8B5.6B6.5B7.4B4.2B
Net Debt(452.6M)(1.5B)(853.6M)(204.3M)(460.2M)(483.2M)
Retained Earnings16.4B17.4B18.6B21.5B25.3B26.6B
Accounts Payable1.6B3.4B3.5B3.6B3.8B2.6B
Cash607.4M1.6B892.5M857.7M1.1B1.3B
Non Current Assets Total6.2B6.0B6.8B7.8B9.1B4.9B
Non Currrent Assets Other6.6B10.4B10.0B12.6B1.0B968.9M
Cash And Short Term Investments10.0B11.0B10.6B12.7B13.2B13.9B
Net Receivables4.4B6.8B7.5B7.7B246.0M233.7M
Short Term Investments9.4B9.4B9.7B11.8B232.9M221.2M
Liabilities And Stockholders Equity21.8B25.0B26.4B30.2B33.8B17.2B
Non Current Liabilities Total228.7M160.8M241.4M774.9M813.1M853.8M
Inventory1.1B1.1B1.4B1.6B1.8B1.3B
Other Current Assets4.5B6.9B7.5B286.1M9.5B10.0B
Total Liab2.9B5.0B5.2B6.1B5.9B3.8B
Total Current Assets15.6B19.0B19.6B22.4B24.7B26.0B
Intangible Assets40.5M33.0M584.0M115.5M111.7M72.3M
Short Term Debt67.7M51.4M36.2M36.2M71.1M44.0M
Current Deferred Revenue834.8M1.3B870.3M1.1B65.0M61.8M
Other Stockholder Equity1.02.6B2.5B16K(25.3B)(24.1B)

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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.