Zhuhai Short Long Term Debt vs Other Current Assets Analysis

002975 Stock   35.09  2.09  5.62%   
Zhuhai Bojay financial indicator trend analysis is more than just analyzing Zhuhai Bojay Electronics current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Zhuhai Bojay Electronics is a good investment. Please check the relationship between Zhuhai Bojay Short Long Term Debt and its Other Current Assets accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Zhuhai Bojay Electronics. 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.

Short Long Term Debt vs Other Current Assets

Short Long Term Debt vs Other Current Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Zhuhai Bojay Electronics Short Long Term Debt account and Other Current Assets. At this time, the significance of the direction appears to have strong relationship.
The correlation between Zhuhai Bojay's Short Long Term Debt and Other Current Assets is 0.76. Overlapping area represents the amount of variation of Short Long Term Debt that can explain the historical movement of Other Current Assets in the same time period over historical financial statements of Zhuhai Bojay Electronics, assuming nothing else is changed. The correlation between historical values of Zhuhai Bojay's Short Long Term Debt and Other Current Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Long Term Debt of Zhuhai Bojay Electronics are associated (or correlated) with its Other Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Assets has no effect on the direction of Short Long Term Debt i.e., Zhuhai Bojay's Short Long Term Debt and Other Current Assets go up and down completely randomly.

Correlation Coefficient

0.76
Relationship DirectionPositive 
Relationship StrengthSignificant

Short Long Term Debt

The total of a company's short-term and long-term borrowings.

Other Current Assets

Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.
Most indicators from Zhuhai Bojay's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Zhuhai Bojay Electronics 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 Zhuhai Bojay Electronics. 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 Tax Provision is expected to grow to about (17.7 M). In addition to that, Selling General Administrative is expected to decline to about 131.3 M
 2021 2022 2023 2024 (projected)
Gross Profit597.8M592.7M427.1M487.4M
Total Revenue1.2B1.2B905.4M975.9M

Zhuhai Bojay fundamental ratios Correlations

0.250.290.380.420.270.390.280.560.090.170.410.430.220.330.390.390.580.04-0.110.10.110.3-0.320.330.4
0.250.920.940.950.950.840.970.840.830.890.950.940.910.960.950.860.860.89-0.030.840.880.88-0.840.930.9
0.290.920.930.940.850.870.920.850.90.780.930.890.990.940.950.850.840.96-0.030.910.950.97-0.910.90.97
0.380.940.930.980.940.940.960.910.820.870.990.970.920.990.990.890.870.85-0.020.840.850.89-0.880.940.95
0.420.950.940.980.930.950.970.930.810.860.990.970.920.990.990.910.880.85-0.040.830.850.89-0.890.960.95
0.270.950.850.940.930.850.930.880.850.980.950.920.870.970.930.790.890.83-0.040.870.850.8-0.780.940.85
0.390.840.870.940.950.850.910.90.760.770.940.880.850.930.950.850.760.79-0.060.790.790.82-0.860.940.9
0.280.970.920.960.970.930.910.910.820.870.960.910.910.960.960.920.820.880.10.840.860.84-0.890.980.89
0.560.840.850.910.930.880.90.910.770.830.930.850.860.910.910.890.890.760.160.790.790.76-0.880.950.85
0.090.830.90.820.810.850.760.820.770.860.840.750.950.870.830.620.820.95-0.111.00.990.87-0.740.850.84
0.170.890.780.870.860.980.770.870.830.860.890.840.830.910.860.70.850.8-0.010.870.840.73-0.70.90.76
0.410.950.930.990.990.950.940.960.930.840.890.970.920.991.00.870.90.86-0.070.860.870.9-0.860.960.95
0.430.940.890.970.970.920.880.910.850.750.840.970.850.970.970.840.880.79-0.170.770.790.89-0.80.880.94
0.220.910.990.920.920.870.850.910.860.950.830.920.850.940.930.820.840.980.020.950.980.94-0.90.910.94
0.330.960.940.990.990.970.930.960.910.870.910.990.970.940.990.860.890.89-0.080.890.90.91-0.860.960.95
0.390.950.950.990.990.930.950.960.910.830.861.00.970.930.990.890.870.87-0.070.850.870.92-0.890.950.97
0.390.860.850.890.910.790.850.920.890.620.70.870.840.820.860.890.710.750.320.650.710.73-0.950.880.82
0.580.860.840.870.880.890.760.820.890.820.850.90.880.840.890.870.710.75-0.160.820.820.83-0.720.850.86
0.040.890.960.850.850.830.790.880.760.950.80.860.790.980.890.870.750.75-0.010.950.990.92-0.850.860.89
-0.11-0.03-0.03-0.02-0.04-0.04-0.060.10.16-0.11-0.01-0.07-0.170.02-0.08-0.070.32-0.16-0.01-0.09-0.07-0.24-0.270.06-0.17
0.10.840.910.840.830.870.790.840.791.00.870.860.770.950.890.850.650.820.95-0.090.990.88-0.760.870.85
0.110.880.950.850.850.850.790.860.790.990.840.870.790.980.90.870.710.820.99-0.070.990.92-0.810.880.89
0.30.880.970.890.890.80.820.840.760.870.730.90.890.940.910.920.730.830.92-0.240.880.92-0.80.810.98
-0.32-0.84-0.91-0.88-0.89-0.78-0.86-0.89-0.88-0.74-0.7-0.86-0.8-0.9-0.86-0.89-0.95-0.72-0.85-0.27-0.76-0.81-0.8-0.88-0.86
0.330.930.90.940.960.940.940.980.950.850.90.960.880.910.960.950.880.850.860.060.870.880.81-0.880.87
0.40.90.970.950.950.850.90.890.850.840.760.950.940.940.950.970.820.860.89-0.170.850.890.98-0.860.87
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Zhuhai Bojay Account Relationship Matchups

Zhuhai Bojay fundamental ratios Accounts

201920202021202220232024 (projected)
Other Current Liab11.1M44.0M63.8M1.1M4.1M3.9M
Total Current Liabilities184.8M307.4M356.8M365.0M525.5M285.0M
Net Tangible Assets348.0M486.9M1.3B1.5B1.7B1.8B
Retained Earnings233.2M524.5M665.6M731.3M674.3M391.9M
Accounts Payable88.1M167.4M198.6M196.3M201.6M130.6M
Other Assets17.0M20.6M22.5M39.7M45.6M23.1M
Net Receivables244.8M365.7M439.3M521.1M341.3M318.3M
Inventory169.0M209.0M267.6M299.3M324.7M201.8M
Other Current Assets8.5M8.4M16.4M11.0M10.6M8.1M
Other Stockholder Equity(1.2M)(2.2M)(1.3M)101.0M116.1M121.9M
Deferred Long Term Liab12.7M15.5M12.8M24.9M28.7M16.4M
Total Current Assets568.4M1.4B2.0B2.0B1.9B1.1B
Property Plant Equipment35.8M86.5M144.4M235.2M270.5M284.1M
Total Assets741.1M1.7B2.4B2.6B2.7B1.6B
Total Stockholder Equity534.3M1.3B1.6B1.7B1.6B1.1B
Other Liab5.9M13.9M15.5M13.2M15.2M9.6M
Cash71.8M402.4M1.0B411.1M797.7M410.9M
Non Current Assets Total172.7M296.3M467.6M646.7M803.1M843.3M
Non Currrent Assets Other172.7M998.3K6.5M2.8M14.0M26.2M
Non Current Liabilities Total13.9M15.5M463.9M490.4M513.5M539.2M
Total Liab198.8M322.9M820.7M855.4M1.0B1.1B
Short Long Term Debt58.3M46.0M19.1M185.6M213.5M224.2M
Intangible Assets47.4M48.3M113.2M110.4M107.3M66.0M
Net Invested Capital553.4M1.3B2.0B2.1B2.3B1.4B
Net Working Capital383.6M1.1B1.6B1.6B1.4B1.0B

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Other Information on Investing in Zhuhai Stock

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