Jianzhi Total Current Liabilities vs Capital Lease Obligations Analysis
JZ Stock | USD 1.02 0.01 0.97% |
Jianzhi Education financial indicator trend analysis is infinitely more than just investigating Jianzhi Education recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Jianzhi Education is a good investment. Please check the relationship between Jianzhi Education Total Current Liabilities and its Capital Lease Obligations accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Jianzhi Education Technology. 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.
Total Current Liabilities vs Capital Lease Obligations
Total Current Liabilities vs Capital Lease Obligations Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Jianzhi Education Total Current Liabilities account and Capital Lease Obligations. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Jianzhi Education's Total Current Liabilities and Capital Lease Obligations is -0.65. Overlapping area represents the amount of variation of Total Current Liabilities that can explain the historical movement of Capital Lease Obligations in the same time period over historical financial statements of Jianzhi Education Technology, assuming nothing else is changed. The correlation between historical values of Jianzhi Education's Total Current Liabilities and Capital Lease Obligations is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Current Liabilities of Jianzhi Education Technology are associated (or correlated) with its Capital Lease Obligations. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capital Lease Obligations has no effect on the direction of Total Current Liabilities i.e., Jianzhi Education's Total Current Liabilities and Capital Lease Obligations go up and down completely randomly.
Correlation Coefficient | -0.65 |
Relationship Direction | Negative |
Relationship Strength | Weak |
Total Current Liabilities
Total Current Liabilities is an item on Jianzhi Education balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Jianzhi Education Technology are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.Capital Lease Obligations
Jianzhi Education capital lease obligations are the amount due for long-term lease agreements that are nearly equivalent to Jianzhi Education asset purchases. For example, Jianzhi Education can use a capital lease to finance the purchase of an asset without ever buying it. A capital lease gives companies such as Jianzhi Education control over an asset for a big portion of its life. The total obligations of a company under capital leases, which are lease agreements that transfer substantially all risks and rewards of ownership to the lessee.Most indicators from Jianzhi Education's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Jianzhi Education 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 Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Jianzhi Education Technology. 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. At this time, Jianzhi Education's Tax Provision is fairly stable compared to the past year. Sales General And Administrative To Revenue is likely to rise to 0.1 in 2024, whereas Selling General Administrative is likely to drop slightly above 21.1 M in 2024.
2021 | 2023 | 2024 (projected) | Interest Expense | 4.4M | 5.1M | 3.7M | Depreciation And Amortization | 54.4M | 66.5M | 49.0M |
Jianzhi Education fundamental ratios Correlations
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Jianzhi Education Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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When running Jianzhi Education's price analysis, check to measure Jianzhi Education's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Jianzhi Education is operating at the current time. Most of Jianzhi Education's value examination focuses on studying past and present price action to predict the probability of Jianzhi Education's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Jianzhi Education's price. Additionally, you may evaluate how the addition of Jianzhi Education to your portfolios can decrease your overall portfolio volatility.