Dalian Change In Working Capital vs Free Cash Flow 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 Change In Working Capital and its Free Cash Flow 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.

Change In Working Capital vs Free Cash Flow

Change In Working Capital vs Free Cash Flow Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Dalian Zeus Entertainment Change In Working Capital account and Free Cash Flow. At this time, the significance of the direction appears to have strong contrarian relationship.

The correlation between Dalian Zeus' Change In Working Capital and Free Cash Flow is -0.58. Overlapping area represents the amount of variation of Change In Working Capital that can explain the historical movement of Free Cash Flow 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' Change In Working Capital and Free Cash Flow is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Change In Working Capital of Dalian Zeus Entertainment are associated (or correlated) with its Free Cash Flow. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Free Cash Flow has no effect on the direction of Change In Working Capital i.e., Dalian Zeus' Change In Working Capital and Free Cash Flow go up and down completely randomly.

Correlation Coefficient

-0.58

Relationship Direction	Negative
Relationship Strength	Very Weak

View All Relationships

Change In Working Capital

The difference in the amount of working capital from one period to the next, indicating the change in a company's short-term assets and liabilities.

Free Cash Flow

The amount of cash a company generates after accounting for cash outflows to support operations and maintain its capital assets.

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 Change In Working Capital vs Free Cash Flow Analysis

Change In Working Capital vs Free Cash Flow

Change In Working Capital vs Free Cash Flow Correlation Analysis

Correlation Coefficient

Change In Working Capital

Free Cash Flow

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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Other Information on Investing in Dalian Stock

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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