Dalian Capital Expenditures vs Depreciation Analysis

002354 Stock

4.90 0.24 5.15%

Dalian Zeus financial indicator trend analysis is much more than just examining Dalian Zeus Entertainment latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Dalian Zeus Entertainment is a good investment. Please check the relationship between Dalian Zeus Capital Expenditures and its Depreciation accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Dalian Zeus Entertainment. 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.

Capital Expenditures vs Depreciation

Capital Expenditures vs Depreciation Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Dalian Zeus Entertainment Capital Expenditures account and Depreciation. At this time, the significance of the direction appears to have weak contrarian relationship.

The correlation between Dalian Zeus' Capital Expenditures and Depreciation is -0.05. Overlapping area represents the amount of variation of Capital Expenditures that can explain the historical movement of Depreciation in the same time period over historical financial statements of Dalian Zeus Entertainment, assuming nothing else is changed. The correlation between historical values of Dalian Zeus' Capital Expenditures and Depreciation is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Capital Expenditures of Dalian Zeus Entertainment are associated (or correlated) with its Depreciation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Depreciation has no effect on the direction of Capital Expenditures i.e., Dalian Zeus' Capital Expenditures and Depreciation go up and down completely randomly.

Correlation Coefficient

-0.05

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Capital Expenditures

Capital Expenditures are funds used by Dalian Zeus Entertainment to acquire physical assets such as property, industrial buildings or equipment. This type of outlay is used by management to increase the scope of Dalian Zeus operations. These expenditures can include everything from repairing an office equipment, building a brand new facility, or writing new software.

Depreciation

Depreciation indicates how much of Dalian Zeus Entertainment value has been used up. For tax purposes Dalian Zeus can deduct the cost of the tangible assets it purchases as business expenses. However, Dalian Zeus Entertainment must depreciate these assets in accordance with IRS rules about how and when the deduction may be taken, and how long it will last. The systematic allocation of the cost of a tangible asset over its useful life.

Most indicators from Dalian Zeus' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Dalian Zeus Entertainment 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 Dalian Zeus Entertainment. 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 Selling General Administrative is expected to grow to about 165.9 M. The current year's Tax Provision is expected to grow to about 65.8 M

	2021	2023	2024 (projected)
Other Operating Expenses	841.5K	757.4K	719.5K
Gross Profit	339.1M	388.2M	661.3M

Other Operating Expenses Gross Profit

Dalian Zeus fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Accounts Payable	Cash	Other Assets	Net Receivables	Inventory	Other Current Assets	Total Liab	Intangible Assets	Common Stock	Property Plant Equipment	Retained Earnings	Long Term Debt	Other Liab	Net Tangible Assets	Good Will	Short Term Investments	Other Stockholder Equity	Deferred Long Term Liab	Long Term Investments	Total Current Assets	Treasury Stock	Non Current Assets Total
Total Assets		0.69	0.76	0.87	0.59	0.95	0.87	0.85	-0.39	0.73	0.8	0.84	0.14	-0.44	0.13	0.39	-0.41	-0.13	0.4	0.3	-0.07	0.7	0.55	0.75	0.5	0.46
Other Current Liab	0.69		0.98	0.25	0.54	0.53	0.8	0.78	-0.25	0.78	0.98	0.92	0.0	-0.23	-0.1	0.39	-0.31	-0.74	0.2	0.53	-0.09	0.92	0.31	0.67	0.44	0.34
Total Current Liabilities	0.76	0.98		0.34	0.62	0.63	0.87	0.85	-0.22	0.86	0.99	0.96	0.04	-0.19	-0.08	0.44	-0.33	-0.64	0.25	0.5	-0.12	0.94	0.44	0.76	0.46	0.39
Total Stockholder Equity	0.87	0.25	0.34		0.39	0.9	0.62	0.59	-0.36	0.43	0.41	0.51	0.14	-0.46	0.29	0.24	-0.34	0.31	0.43	0.04	0.01	0.3	0.47	0.53	0.37	0.42
Accounts Payable	0.59	0.54	0.62	0.39		0.61	0.61	0.65	-0.42	0.59	0.6	0.61	0.67	-0.21	-0.55	0.9	-0.78	0.0	-0.27	0.44	-0.69	0.73	0.76	0.44	0.84	-0.15
Cash	0.95	0.53	0.63	0.9	0.61		0.86	0.8	-0.41	0.7	0.67	0.76	0.22	-0.46	0.15	0.43	-0.39	0.12	0.4	0.22	-0.14	0.62	0.71	0.78	0.49	0.46
Other Assets	0.87	0.8	0.87	0.62	0.61	0.86		0.9	-0.27	0.89	0.86	0.96	0.05	-0.3	0.13	0.39	-0.3	-0.28	0.45	0.39	-0.05	0.87	0.61	0.93	0.44	0.56
Net Receivables	0.85	0.78	0.85	0.59	0.65	0.8	0.9		-0.37	0.79	0.85	0.89	0.18	-0.34	-0.05	0.47	-0.41	-0.3	0.26	0.26	-0.12	0.8	0.5	0.78	0.53	0.33
Inventory	-0.39	-0.25	-0.22	-0.36	-0.42	-0.41	-0.27	-0.37		0.02	-0.27	-0.26	-0.65	0.92	0.51	-0.53	0.69	-0.09	0.4	-0.19	0.55	-0.32	-0.35	-0.05	-0.68	0.37
Other Current Assets	0.73	0.78	0.86	0.43	0.59	0.7	0.89	0.79	0.02		0.84	0.88	-0.08	-0.01	0.15	0.32	-0.13	-0.37	0.45	0.46	0.0	0.84	0.55	0.9	0.29	0.59
Total Liab	0.8	0.98	0.99	0.41	0.6	0.67	0.86	0.85	-0.27	0.84		0.95	0.03	-0.26	-0.05	0.42	-0.32	-0.63	0.26	0.53	-0.1	0.92	0.4	0.75	0.45	0.4
Intangible Assets	0.84	0.92	0.96	0.51	0.61	0.76	0.96	0.89	-0.26	0.88	0.95		0.02	-0.28	0.05	0.39	-0.33	-0.49	0.39	0.44	-0.05	0.92	0.51	0.86	0.47	0.51
Common Stock	0.14	0.0	0.04	0.14	0.67	0.22	0.05	0.18	-0.65	-0.08	0.03	0.02		-0.35	-0.87	0.84	-0.87	0.38	-0.77	0.16	-0.94	0.2	0.56	-0.12	0.85	-0.73
Property Plant Equipment	-0.44	-0.23	-0.19	-0.46	-0.21	-0.46	-0.3	-0.34	0.92	-0.01	-0.26	-0.28	-0.35		0.18	-0.26	0.44	-0.05	0.09	-0.11	0.24	-0.24	-0.23	-0.11	-0.43	0.09
Retained Earnings	0.13	-0.1	-0.08	0.29	-0.55	0.15	0.13	-0.05	0.51	0.15	-0.05	0.05	-0.87	0.18		-0.76	0.74	0.0	0.93	-0.27	0.9	-0.22	-0.27	0.3	-0.72	0.87
Long Term Debt	0.39	0.39	0.44	0.24	0.9	0.43	0.39	0.47	-0.53	0.32	0.42	0.39	0.84	-0.26	-0.76		-0.88	0.06	-0.55	0.42	-0.86	0.56	0.66	0.17	0.91	-0.44
Other Liab	-0.41	-0.31	-0.33	-0.34	-0.78	-0.39	-0.3	-0.41	0.69	-0.13	-0.32	-0.33	-0.87	0.44	0.74	-0.88		-0.13	0.55	-0.29	0.8	-0.45	-0.51	-0.04	-0.98	0.51
Net Tangible Assets	-0.13	-0.74	-0.64	0.31	0.0	0.12	-0.28	-0.3	-0.09	-0.37	-0.63	-0.49	0.38	-0.05	0.0	0.06	-0.13		-0.12	-0.41	-0.24	-0.53	0.33	-0.21	0.06	-0.23
Good Will	0.4	0.2	0.25	0.43	-0.27	0.4	0.45	0.26	0.4	0.45	0.26	0.39	-0.77	0.09	0.93	-0.55	0.55	-0.12		-0.15	0.79	0.09	-0.02	0.58	-0.5	0.97
Short Term Investments	0.3	0.53	0.5	0.04	0.44	0.22	0.39	0.26	-0.19	0.46	0.53	0.44	0.16	-0.11	-0.27	0.42	-0.29	-0.41	-0.15		-0.3	0.63	0.2	0.39	0.39	0.04
Other Stockholder Equity	-0.07	-0.09	-0.12	0.01	-0.69	-0.14	-0.05	-0.12	0.55	0.0	-0.1	-0.05	-0.94	0.24	0.9	-0.86	0.8	-0.24	0.79	-0.3		-0.28	-0.61	0.09	-0.81	0.7
Deferred Long Term Liab	0.7	0.92	0.94	0.3	0.73	0.62	0.87	0.8	-0.32	0.84	0.92	0.92	0.2	-0.24	-0.22	0.56	-0.45	-0.53	0.09	0.63	-0.28		0.52	0.75	0.59	0.26
Long Term Investments	0.55	0.31	0.44	0.47	0.76	0.71	0.61	0.5	-0.35	0.55	0.4	0.51	0.56	-0.23	-0.27	0.66	-0.51	0.33	-0.02	0.2	-0.61	0.52		0.59	0.61	0.08
Total Current Assets	0.75	0.67	0.76	0.53	0.44	0.78	0.93	0.78	-0.05	0.9	0.75	0.86	-0.12	-0.11	0.3	0.17	-0.04	-0.21	0.58	0.39	0.09	0.75	0.59		0.21	0.69
Treasury Stock	0.5	0.44	0.46	0.37	0.84	0.49	0.44	0.53	-0.68	0.29	0.45	0.47	0.85	-0.43	-0.72	0.91	-0.98	0.06	-0.5	0.39	-0.81	0.59	0.61	0.21		-0.42
Non Current Assets Total	0.46	0.34	0.39	0.42	-0.15	0.46	0.56	0.33	0.37	0.59	0.4	0.51	-0.73	0.09	0.87	-0.44	0.51	-0.23	0.97	0.04	0.7	0.26	0.08	0.69	-0.42

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Dalian Zeus Account Relationship Matchups

Dalian Zeus fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	6.4B	3.8B	3.6B	2.8B	2.0B	3.8B
Other Current Liab	3.4B	118.4M	126.3M	2.3M	2.1M	2.0M
Total Current Liabilities	3.9B	434.3M	366.7M	342.1M	480.0M	456.0M
Total Stockholder Equity	776.4M	2.8B	2.7B	2.4B	1.5B	2.1B
Accounts Payable	245.0M	264.3M	178.4M	179.4M	291.3M	149.1M
Cash	401.0M	448.6M	402.8M	321.2M	372.9M	398.4M
Other Assets	250.4M	105.6M	36.4M	9.1M	10.5M	10.0M
Net Receivables	436.2M	159.4M	220.2M	307.8M	405.8M	335.0M
Inventory	41.8M	30.0M	24.1M	24.8M	19.3M	18.3M
Other Current Assets	190.3M	86.4M	44.2M	23.5M	24.9M	23.7M
Total Liab	5.5B	915.8M	824.9M	366.7M	497.4M	472.5M
Intangible Assets	97.8M	10.2M	2.2M	5.0M	4.3M	4.1M
Property Plant Equipment	94.2M	88.1M	78.0M	84.9M	76.5M	106.7M
Retained Earnings	(6.0B)	(5.9B)	(5.9B)	(6.2B)	(7.3B)	(6.9B)
Other Liab	667.7M	516.1M	481.5M	456.4M	410.8M	544.3M
Net Tangible Assets	(736.6M)	(1.2B)	2.1B	2.1B	2.4B	2.5B
Good Will	1.9B	620.5M	619.0M	615.6M	576.3M	547.5M
Other Stockholder Equity	199.5M	(11.1M)	(65.6M)	(141.7M)	(127.6M)	(121.2M)
Deferred Long Term Liab	81.8M	61.5M	35.8M	8.3M	9.6M	9.1M
Total Current Assets	1.6B	1.2B	1.3B	761.1M	885.0M	1.3B
Non Current Assets Total	4.8B	2.6B	2.2B	2.0B	1.1B	1.1B
Non Currrent Assets Other	412.2M	262.0M	57.4M	3.2M	63.2M	87.1M
Non Current Liabilities Total	1.6B	481.5M	458.2M	24.6M	17.4M	16.5M
Short Long Term Debt	568.5M	194.8M	742.9K	425.5K	244.8K	232.6K
Net Invested Capital	2.0B	2.8B	2.7B	2.4B	1.5B	3.0B
Net Working Capital	(2.4B)	805.3M	974.7M	419.0M	405.0M	425.2M

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

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Dalian Capital Expenditures vs Depreciation Analysis

Capital Expenditures vs Depreciation

Capital Expenditures vs Depreciation Correlation Analysis

Correlation Coefficient

Capital Expenditures

Depreciation

Dalian Zeus fundamental ratios Correlations

Dalian Zeus Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Dalian Zeus fundamental ratios Accounts

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Total Liab	+ 0.99	Total Current Liabilities
Total Current Liabilities	+ 0.98	Other Current Liab
Total Liab	+ 0.98	Other Current Liab
Non Current Assets Total	+ 0.97	Good Will
Intangible Assets	+ 0.96	Total Current Liabilities
Intangible Assets	+ 0.96	Other Assets

Treasury Stock	- 0.98	Other Liab
Other Stockholder Equity	- 0.94	Common Stock
Other Liab	- 0.88	Long Term Debt
Other Liab	- 0.87	Common Stock
Retained Earnings	- 0.87	Common Stock
Other Stockholder Equity	- 0.86	Long Term Debt