Zhongshan Non Current Liabilities Total vs Accounts Payable Analysis

000685 Stock   8.91  0.09  1.02%   
Zhongshan Public financial indicator trend analysis is more than just analyzing Zhongshan Public Uti current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Zhongshan Public Uti is a good investment. Please check the relationship between Zhongshan Public Non Current Liabilities Total and its Accounts Payable accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Zhongshan Public Utilities. 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.

Non Current Liabilities Total vs Accounts Payable

Non Current Liabilities Total vs Accounts Payable Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Zhongshan Public Uti Non Current Liabilities Total account and Accounts Payable. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Zhongshan Public's Non Current Liabilities Total and Accounts Payable is 0.9. Overlapping area represents the amount of variation of Non Current Liabilities Total that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of Zhongshan Public Utilities, assuming nothing else is changed. The correlation between historical values of Zhongshan Public's Non Current Liabilities Total and Accounts Payable is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Current Liabilities Total of Zhongshan Public Utilities are associated (or correlated) with its Accounts Payable. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accounts Payable has no effect on the direction of Non Current Liabilities Total i.e., Zhongshan Public's Non Current Liabilities Total and Accounts Payable go up and down completely randomly.

Correlation Coefficient

0.9
Relationship DirectionPositive 
Relationship StrengthVery Strong

Non Current Liabilities Total

Accounts Payable

An accounting item on the balance sheet that represents Zhongshan Public obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Zhongshan Public Uti are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.
Most indicators from Zhongshan Public's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Zhongshan Public Uti 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 Zhongshan Public Utilities. 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.
As of November 30, 2024, Selling General Administrative is expected to decline to about 102.8 M. In addition to that, Tax Provision is expected to decline to about 78.6 M
 2021 2022 2023 2024 (projected)
Operating Income456.7M347.8M534.0M560.7M
Total Revenue2.4B3.6B5.2B5.5B

Zhongshan Public fundamental ratios Correlations

0.950.30.940.970.870.850.860.990.890.911.00.330.910.90.910.4-0.090.030.960.980.880.920.9-0.370.93
0.950.110.960.870.850.90.970.910.970.810.940.360.80.940.950.36-0.1-0.060.980.950.940.940.78-0.430.95
0.30.110.330.310.110.05-0.060.350.130.470.290.30.480.280.110.13-0.2-0.180.270.360.130.30.17-0.010.31
0.940.960.330.850.790.840.90.910.960.840.930.460.830.970.870.37-0.21-0.120.990.950.950.960.73-0.370.98
0.970.870.310.850.850.760.760.980.770.90.980.230.90.790.840.43-0.010.170.870.920.80.830.96-0.320.83
0.870.850.110.790.850.720.810.870.790.730.880.440.750.710.840.37-0.130.050.830.790.780.710.81-0.230.75
0.850.90.050.840.760.720.840.830.860.790.840.470.780.850.940.11-0.12-0.220.90.880.740.890.64-0.270.83
0.860.97-0.060.90.760.810.840.810.960.640.860.30.630.90.890.33-0.03-0.080.920.850.940.880.68-0.450.9
0.990.910.350.910.980.870.830.810.840.920.990.330.920.870.90.35-0.120.00.930.950.830.90.89-0.330.89
0.890.970.130.960.770.790.860.960.840.750.880.420.740.960.90.3-0.19-0.150.970.910.940.940.66-0.450.97
0.910.810.470.840.90.730.790.640.920.750.90.390.990.780.830.32-0.240.00.860.920.70.850.8-0.290.83
1.00.940.290.930.980.880.840.860.990.880.90.320.910.880.90.41-0.10.040.950.970.880.910.91-0.360.91
0.330.360.30.460.230.440.470.30.330.420.390.320.40.380.35-0.08-0.42-0.360.440.350.340.360.110.390.35
0.910.80.480.830.90.750.780.630.920.740.990.910.40.760.830.38-0.26-0.030.860.920.680.830.81-0.310.82
0.90.940.280.970.790.710.850.90.870.960.780.880.380.760.890.21-0.19-0.220.970.930.90.990.65-0.40.98
0.910.950.110.870.840.840.940.890.90.90.830.90.350.830.890.2-0.13-0.170.940.920.780.920.73-0.420.88
0.40.360.130.370.430.370.110.330.350.30.320.41-0.080.380.210.2-0.130.10.320.330.460.260.45-0.460.34
-0.09-0.1-0.2-0.21-0.01-0.13-0.12-0.03-0.12-0.19-0.24-0.1-0.42-0.26-0.19-0.13-0.130.58-0.19-0.06-0.09-0.210.080.02-0.2
0.03-0.06-0.18-0.120.170.05-0.22-0.080.0-0.150.00.04-0.36-0.03-0.22-0.170.10.58-0.14-0.020.04-0.220.40.08-0.12
0.960.980.270.990.870.830.90.920.930.970.860.950.440.860.970.940.32-0.19-0.140.970.920.970.75-0.40.98
0.980.950.360.950.920.790.880.850.950.910.920.970.350.920.930.920.33-0.06-0.020.970.860.960.82-0.40.95
0.880.940.130.950.80.780.740.940.830.940.70.880.340.680.90.780.46-0.090.040.920.860.870.73-0.380.93
0.920.940.30.960.830.710.890.880.90.940.850.910.360.830.990.920.26-0.21-0.220.970.960.870.69-0.40.97
0.90.780.170.730.960.810.640.680.890.660.80.910.110.810.650.730.450.080.40.750.820.730.69-0.280.71
-0.37-0.43-0.01-0.37-0.32-0.23-0.27-0.45-0.33-0.45-0.29-0.360.39-0.31-0.4-0.42-0.460.020.08-0.4-0.4-0.38-0.4-0.28-0.49
0.930.950.310.980.830.750.830.90.890.970.830.910.350.820.980.880.34-0.2-0.120.980.950.930.970.71-0.49
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Zhongshan Public Account Relationship Matchups

Zhongshan Public fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets19.1B20.9B22.5B25.5B29.0B30.5B
Short Long Term Debt Total3.6B4.2B3.3B5.0B7.6B8.0B
Other Current Liab526.8M48.6M1.5B1.9B195.5M301.5M
Total Current Liabilities3.3B3.9B4.2B6.6B8.0B8.4B
Total Stockholder Equity13.1B14.1B15.1B15.7B16.4B17.2B
Property Plant And Equipment Net3.2B2.4B2.1B2.3B3.5B3.6B
Current Deferred Revenue561.0M1.3B1.3B803.7M1.9B2.0B
Net Debt2.4B2.5B915.8M2.9B5.4B5.7B
Retained Earnings8.2B9.2B10.3B10.9B11.5B12.1B
Accounts Payable843.8M784.2M696.7M1.6B2.5B2.6B
Cash1.2B1.7B2.4B2.1B2.2B2.3B
Non Current Assets Total16.8B18.2B18.9B21.4B24.4B25.6B
Non Currrent Assets Other1.5B1.3B1.8B192.2M2.9B3.0B
Cash And Short Term Investments1.5B1.7B2.5B2.1B2.2B2.3B
Net Receivables484.5M823.8M860.7M1.8B1.9B2.0B
Liabilities And Stockholders Equity19.1B20.9B22.5B25.5B29.0B30.5B
Non Current Liabilities Total2.4B2.6B2.8B2.9B4.4B4.6B
Inventory235.5M136.9M90.5M117.2M115.5M87.7M
Other Current Assets88.1M97.5M95.2M113.0M129.8M140.9M
Other Stockholder Equity788.1M753.6M753.6M699.8M1.8B991.2M
Total Liab5.7B6.5B7.0B9.5B12.4B13.0B
Total Current Assets2.3B2.7B3.5B4.1B4.6B4.8B
Short Term Debt1.4B1.7B654.0M2.4B3.4B3.6B
Intangible Assets1.2B2.2B2.2B3.7B3.8B4.0B
Other Liab113.4M126.1M183.9M325.1M373.9M392.6M
Short Term Investments310.0M10.8K130M(1.6B)(1.5B)(1.4B)
Property Plant Equipment3.2B2.4B2.1B2.3B2.6B1.5B
Long Term Debt2.3B2.5B2.6B2.6B4.1B4.4B
Net Tangible Assets11.9B11.9B13.0B11.9B13.7B12.7B
Deferred Long Term Liab43.2M35.6M35.7M76.2M87.6M92.0M
Short Long Term Debt1.3B1.6B550.6M980.4M2.2B1.2B
Non Current Liabilities Other2.2B23.1M31.4M109.8M42.3M40.1M
Net Invested Capital16.6B18.2B18.3B19.3B22.7B19.4B
Net Working Capital(1.0B)(1.1B)(684.6M)(2.5B)(3.4B)(3.2B)

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Other Information on Investing in Zhongshan Stock

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