Zee Change To Netincome vs Change In Working Capital Analysis

ZEEL Stock

123.11 0.88 0.72%

Zee Entertainment financial indicator trend analysis is more than just analyzing Zee Entertainment current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Zee Entertainment is a good investment. Please check the relationship between Zee Entertainment Change To Netincome and its Change In Working Capital accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Zee Entertainment Enterprises. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Change To Netincome vs Change In Working Capital

Change To Netincome vs Change In Working Capital Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Zee Entertainment Change To Netincome account and Change In Working Capital. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between Zee Entertainment's Change To Netincome and Change In Working Capital is -0.28. Overlapping area represents the amount of variation of Change To Netincome that can explain the historical movement of Change In Working Capital in the same time period over historical financial statements of Zee Entertainment Enterprises, assuming nothing else is changed. The correlation between historical values of Zee Entertainment's Change To Netincome and Change In Working Capital 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 To Netincome of Zee Entertainment Enterprises are associated (or correlated) with its Change In Working Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Change In Working Capital has no effect on the direction of Change To Netincome i.e., Zee Entertainment's Change To Netincome and Change In Working Capital go up and down completely randomly.

Correlation Coefficient

-0.28

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Change To Netincome

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.

Most indicators from Zee Entertainment's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Zee 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 Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Zee Entertainment Enterprises. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Selling General Administrative is likely to gain to about 6.3 B in 2024, whereas Tax Provision is likely to drop slightly above 1.7 B in 2024.

	2021	2022	2023	2024 (projected)
Interest Expense	204M	702.4M	720.7M	573.4M
Depreciation And Amortization	2.4B	3.1B	3.2B	3.3B

Interest Expense Depreciation And Amortization

Zee Entertainment fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Common Stock	Intangible Assets	Retained Earnings	Short Term Investments	Current Deferred Revenue	Good Will
Total Assets		-0.01	0.71	0.95	0.98	0.01	-0.48	0.91	0.53	0.76	-0.12	0.29	0.62	0.4	0.31	0.81	0.36	-0.08	0.85	1.0	-0.25	-0.42	0.97	-0.45	-0.05	-0.76
Short Long Term Debt Total	-0.01		-0.33	0.02	-0.1	0.06	-0.62	-0.31	0.63	0.32	0.61	0.67	0.16	-0.11	0.56	-0.37	0.01	0.06	0.27	-0.05	-0.24	-0.25	0.01	0.44	0.39	0.14
Other Current Liab	0.71	-0.33		0.58	0.73	0.24	-0.16	0.68	0.25	0.33	-0.31	0.05	0.1	0.22	0.13	0.75	0.49	0.11	0.49	0.73	-0.33	0.12	0.75	-0.29	-0.33	-0.79
Total Current Liabilities	0.95	0.02	0.58		0.9	-0.06	-0.47	0.91	0.48	0.8	-0.11	0.34	0.77	0.36	0.33	0.7	0.24	-0.17	0.9	0.94	-0.21	-0.47	0.91	-0.33	0.16	-0.63
Total Stockholder Equity	0.98	-0.1	0.73	0.9		-0.03	-0.38	0.91	0.42	0.71	-0.18	0.17	0.54	0.43	0.14	0.85	0.37	-0.05	0.74	0.98	-0.22	-0.41	0.95	-0.56	-0.12	-0.74
Property Plant And Equipment Net	0.01	0.06	0.24	-0.06	-0.03		0.23	-0.04	-0.07	0.18	-0.41	-0.28	0.09	-0.59	0.31	0.02	0.0	0.0	0.1	-0.01	-0.23	0.73	0.09	0.16	-0.06	-0.14
Net Debt	-0.48	-0.62	-0.16	-0.47	-0.38	0.23		-0.17	-0.98	-0.41	-0.57	-0.93	-0.29	-0.34	-0.73	-0.13	-0.29	-0.03	-0.69	-0.47	0.16	0.54	-0.49	-0.14	-0.12	0.46
Accounts Payable	0.91	-0.31	0.68	0.91	0.91	-0.04	-0.17		0.2	0.63	-0.27	0.05	0.6	0.36	0.1	0.81	0.26	-0.22	0.73	0.92	-0.22	-0.3	0.87	-0.48	-0.08	-0.67
Cash	0.53	0.63	0.25	0.48	0.42	-0.07	-0.98	0.2		0.44	0.5	0.89	0.27	0.25	0.79	0.16	0.37	0.03	0.73	0.52	-0.22	-0.43	0.54	0.15	0.07	-0.54
Non Current Assets Total	0.76	0.32	0.33	0.8	0.71	0.18	-0.41	0.63	0.44		0.01	0.29	0.79	0.26	0.35	0.55	0.03	0.07	0.76	0.71	-0.14	-0.39	0.75	-0.27	0.24	-0.33
Non Currrent Assets Other	-0.12	0.61	-0.31	-0.11	-0.18	-0.41	-0.57	-0.27	0.5	0.01		0.72	-0.16	0.15	0.39	-0.35	0.03	-0.03	0.09	-0.14	-0.03	-0.4	-0.13	0.47	0.13	0.15
Cash And Short Term Investments	0.29	0.67	0.05	0.34	0.17	-0.28	-0.93	0.05	0.89	0.29	0.72		0.2	0.22	0.75	-0.1	0.22	-0.03	0.6	0.29	-0.18	-0.45	0.29	0.45	0.27	-0.28
Net Receivables	0.62	0.16	0.1	0.77	0.54	0.09	-0.29	0.6	0.27	0.79	-0.16	0.2		0.16	0.3	0.35	-0.34	-0.21	0.71	0.58	-0.03	-0.34	0.58	-0.18	0.43	-0.19
Common Stock Shares Outstanding	0.4	-0.11	0.22	0.36	0.43	-0.59	-0.34	0.36	0.25	0.26	0.15	0.22	0.16		-0.05	0.58	0.06	0.52	0.25	0.4	0.02	-0.6	0.43	-0.57	-0.46	-0.36
Non Current Liabilities Total	0.31	0.56	0.13	0.33	0.14	0.31	-0.73	0.1	0.79	0.35	0.39	0.75	0.3	-0.05		0.0	0.24	-0.07	0.71	0.29	-0.22	-0.03	0.35	0.41	0.05	-0.46
Inventory	0.81	-0.37	0.75	0.7	0.85	0.02	-0.13	0.81	0.16	0.55	-0.35	-0.1	0.35	0.58	0.0		0.38	0.2	0.52	0.81	-0.21	-0.21	0.86	-0.76	-0.49	-0.77
Other Current Assets	0.36	0.01	0.49	0.24	0.37	0.0	-0.29	0.26	0.37	0.03	0.03	0.22	-0.34	0.06	0.24	0.38		-0.04	0.29	0.39	-0.22	-0.16	0.37	-0.17	-0.36	-0.63
Other Stockholder Equity	-0.08	0.06	0.11	-0.17	-0.05	0.0	-0.03	-0.22	0.03	0.07	-0.03	-0.03	-0.21	0.52	-0.07	0.2	-0.04		-0.16	-0.1	-0.18	0.04	0.03	-0.21	-0.4	0.01
Total Liab	0.85	0.27	0.49	0.9	0.74	0.1	-0.69	0.73	0.73	0.76	0.09	0.6	0.71	0.25	0.71	0.52	0.29	-0.16		0.84	-0.26	-0.37	0.84	-0.06	0.14	-0.69
Total Current Assets	1.0	-0.05	0.73	0.94	0.98	-0.01	-0.47	0.92	0.52	0.71	-0.14	0.29	0.58	0.4	0.29	0.81	0.39	-0.1	0.84		-0.25	-0.4	0.97	-0.46	-0.08	-0.79
Common Stock	-0.25	-0.24	-0.33	-0.21	-0.22	-0.23	0.16	-0.22	-0.22	-0.14	-0.03	-0.18	-0.03	0.02	-0.22	-0.21	-0.22	-0.18	-0.26	-0.25		-0.22	-0.38	-0.12	0.05	0.28
Intangible Assets	-0.42	-0.25	0.12	-0.47	-0.41	0.73	0.54	-0.3	-0.43	-0.39	-0.4	-0.45	-0.34	-0.6	-0.03	-0.21	-0.16	0.04	-0.37	-0.4	-0.22		-0.32	0.32	-0.17	0.1
Retained Earnings	0.97	0.01	0.75	0.91	0.95	0.09	-0.49	0.87	0.54	0.75	-0.13	0.29	0.58	0.43	0.35	0.86	0.37	0.03	0.84	0.97	-0.38	-0.32		-0.47	-0.16	-0.82
Short Term Investments	-0.45	0.44	-0.29	-0.33	-0.56	0.16	-0.14	-0.48	0.15	-0.27	0.47	0.45	-0.18	-0.57	0.41	-0.76	-0.17	-0.21	-0.06	-0.46	-0.12	0.32	-0.47		0.52	0.39
Current Deferred Revenue	-0.05	0.39	-0.33	0.16	-0.12	-0.06	-0.12	-0.08	0.07	0.24	0.13	0.27	0.43	-0.46	0.05	-0.49	-0.36	-0.4	0.14	-0.08	0.05	-0.17	-0.16	0.52		0.49
Good Will	-0.76	0.14	-0.79	-0.63	-0.74	-0.14	0.46	-0.67	-0.54	-0.33	0.15	-0.28	-0.19	-0.36	-0.46	-0.77	-0.63	0.01	-0.69	-0.79	0.28	0.1	-0.82	0.39	0.49

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Zee Entertainment Account Relationship Matchups

Zee Entertainment fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	123.7B	128.2B	132.4B	137.3B	134.5B	84.1B
Short Long Term Debt Total	3.9B	400M	763M	2.8B	2.3B	2.2B
Other Current Liab	3.0B	10.1B	6.1B	8.1B	7.4B	4.4B
Total Current Liabilities	25.3B	25.4B	22.2B	26.3B	22.5B	15.7B
Total Stockholder Equity	93.4B	100.9B	108.6B	107.2B	108.7B	63.6B
Property Plant And Equipment Net	7.1B	5.9B	5.9B	7.3B	6.5B	5.9B
Net Debt	(6.4B)	(10.1B)	(11.2B)	(4.4B)	(8.8B)	(8.4B)
Accounts Payable	16.8B	14.0B	13.7B	17.5B	14.4B	7.6B
Cash	7.3B	10.5B	12.0B	7.2B	11.1B	7.8B
Non Current Assets Total	22.8B	21.7B	21.0B	25.0B	22.2B	21.9B
Non Currrent Assets Other	6.4B	6.1B	5.4B	7.1B	5.1B	7.6B
Cash And Short Term Investments	10.1B	18.2B	12.2B	11.7B	11.9B	12.6B
Net Receivables	35.5B	23.1B	21.7B	18.9B	20.5B	21.4B
Common Stock Shares Outstanding	960.5M	960.5M	960.7M	955.8M	1.0B	1.0B
Liabilities And Stockholders Equity	123.7B	128.2B	132.4B	137.3B	134.5B	84.1B
Non Current Liabilities Total	4.9B	1.7B	1.6B	3.7B	3.3B	4.4B
Inventory	53.5B	54.0B	63.9B	73.1B	69.1B	72.6B
Other Current Assets	2.0B	11.6B	12.9B	31.3B	9.9B	6.7B
Other Stockholder Equity	(79.1B)	(24M)	316M	(25.3M)	107.8B	113.2B
Total Liab	30.2B	27.1B	23.8B	30.1B	25.8B	20.2B
Total Current Assets	101.0B	106.5B	111.4B	112.3B	111.4B	62.2B
Accumulated Other Comprehensive Income	(7.2B)	21.0B	25.1B	26.3B	26.4B	27.7B
Intangible Assets	2.0B	2.4B	2.7B	2.7B	1.9B	3.1B
Retained Earnings	75.3B	79.0B	82.2B	79.7B	81.4B	65.0B
Short Term Investments	2.8B	7.7B	242M	4.5B	752M	714.4M
Current Deferred Revenue	5.1B	8.4B	5.0B	4.5B	300K	285K
Good Will	4.1B	3.8B	3.5B	3.3B	3.3B	4.2B
Short Term Debt	404M	204M	207M	653M	681.7M	567.8M
Other Liab	1.4B	1.4B	1.5B	1.0B	1.2B	1.1B
Net Tangible Assets	82.1B	87.4B	94.7B	102.5B	117.8B	71.4B
Other Assets	8.2B	1M	8.5B	847M	974.1M	925.3M
Long Term Debt	3.0B	195.3M	20.6M	40M	32.4M	30.8M
Short Long Term Debt	3.0B	11M	14M	18.9M	22.6M	21.5M
Property Plant Equipment	7.0B	7.1B	5.9B	5.9B	6.8B	6.3B
Long Term Debt Total	7.4B	3.5B	195M	555.8M	500.2M	475.2M
Net Invested Capital	93.5B	101.1B	108.7B	107.3B	108.8B	107.6B
Net Working Capital	75.7B	81.1B	89.3B	86.0B	89.8B	87.5B

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Zee Change To Netincome vs Change In Working Capital Analysis

Change To Netincome vs Change In Working Capital

Change To Netincome vs Change In Working Capital Correlation Analysis

Correlation Coefficient

Change To Netincome

Change In Working Capital

Zee Entertainment fundamental ratios Correlations

Zee Entertainment Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Zee Entertainment fundamental ratios Accounts

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Additional Tools for Zee Stock Analysis

COMMON DESTINATIONS

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COMPANY

Total Current Assets	+ 1.0	Total Assets
Total Stockholder Equity	+ 0.98	Total Assets
Total Current Assets	+ 0.98	Total Stockholder Equity
Retained Earnings	+ 0.97	Total Assets
Retained Earnings	+ 0.97	Total Current Assets
Total Current Liabilities	+ 0.95	Total Assets

Cash	- 0.98	Net Debt
Cash And Short Term Investments	- 0.93	Net Debt
Good Will	- 0.82	Retained Earnings
Good Will	- 0.79	Total Current Assets
Good Will	- 0.79	Other Current Liab
Good Will	- 0.77	Inventory