002822 Stock | | | 4.43 0.04 0.89% |
Shenzhen Zhongzhuang financial indicator trend analysis is much more than just breaking down Shenzhen Zhongzhuang prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Shenzhen Zhongzhuang is a good investment. Please check the relationship between Shenzhen Zhongzhuang Current Deferred Revenue and its Long Term Debt accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Shenzhen Zhongzhuang Construction. 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.
Current Deferred Revenue vs Long Term Debt
Current Deferred Revenue vs Long Term Debt Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Shenzhen Zhongzhuang Current Deferred Revenue account and
Long Term Debt. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Shenzhen Zhongzhuang's Current Deferred Revenue and Long Term Debt is 0.83. Overlapping area represents the amount of variation of Current Deferred Revenue that can explain the historical movement of Long Term Debt in the same time period over historical financial statements of Shenzhen Zhongzhuang Construction, assuming nothing else is changed. The correlation between historical values of Shenzhen Zhongzhuang's Current Deferred Revenue and Long Term Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Current Deferred Revenue of Shenzhen Zhongzhuang Construction are associated (or correlated) with its Long Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Debt has no effect on the direction of Current Deferred Revenue i.e., Shenzhen Zhongzhuang's Current Deferred Revenue and Long Term Debt go up and down completely randomly.
Correlation Coefficient | 0.83 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Current Deferred Revenue
Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.
Long Term Debt
Long-term debt is a debt that Shenzhen Zhongzhuang has held for over one year. Long-term debt appears on Shenzhen Zhongzhuang Construction balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on Shenzhen Zhongzhuang Construction balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.
Most indicators from Shenzhen Zhongzhuang's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Shenzhen Zhongzhuang 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 Shenzhen Zhongzhuang Construction. 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 December 12, 2024,
Selling General Administrative is expected to decline to about 41.2
M. The current year's
Tax Provision is expected to grow to about (17.6
K)
Shenzhen Zhongzhuang fundamental ratios Correlations
Click cells to compare fundamentals
Shenzhen Zhongzhuang Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Shenzhen Zhongzhuang fundamental ratios Accounts
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Other Information on Investing in Shenzhen Stock
Balance Sheet is a snapshot of the
financial position of Shenzhen Zhongzhuang at a specified time, usually calculated after every quarter, six months, or one year. Shenzhen Zhongzhuang Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Shenzhen Zhongzhuang 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 Shenzhen currently owns. An asset can also be divided into two categories, current and non-current.