Zee Accounts Payable vs Total Current Assets Analysis

ZEELEARN   8.64  0.27  3.23%   
Zee Learn financial indicator trend analysis is more than just analyzing Zee Learn Limited current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Zee Learn Limited is a good investment. Please check the relationship between Zee Learn Accounts Payable and its Total Current Assets accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Zee Learn Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.

Accounts Payable vs Total Current Assets

Accounts Payable vs Total Current Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Zee Learn Limited Accounts Payable account and Total Current Assets. At this time, the significance of the direction appears to have very week relationship.
The correlation between Zee Learn's Accounts Payable and Total Current Assets is 0.23. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Total Current Assets in the same time period over historical financial statements of Zee Learn Limited, assuming nothing else is changed. The correlation between historical values of Zee Learn's Accounts Payable and Total 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 Accounts Payable of Zee Learn Limited are associated (or correlated) with its Total Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Assets has no effect on the direction of Accounts Payable i.e., Zee Learn's Accounts Payable and Total Current Assets go up and down completely randomly.

Correlation Coefficient

0.23
Relationship DirectionPositive 
Relationship StrengthVery Weak

Accounts Payable

An accounting item on the balance sheet that represents Zee Learn obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Zee Learn Limited are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.

Total Current Assets

The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.
Most indicators from Zee Learn's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Zee Learn Limited 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 Learn Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.
As of 12/04/2024, Selling General Administrative is likely to drop to about 91.4 M. In addition to that, Tax Provision is likely to drop to about 206.8 M
 2021 2022 2023 2024 (projected)
Gross Profit1.9B1.2B2.6B1.8B
Total Revenue2.5B3.2B3.6B2.6B

Zee Learn fundamental ratios Correlations

0.870.070.710.76-0.420.87-0.250.980.82-0.060.540.920.10.17-0.270.930.530.670.880.58-0.20.960.490.760.79
0.870.140.710.5-0.171.0-0.280.860.670.080.530.860.360.14-0.190.90.460.720.70.75-0.330.870.190.720.5
0.070.140.68-0.18-0.320.140.03-0.04-0.31-0.090.03-0.050.330.86-0.150.230.740.34-0.090.14-0.560.04-0.41-0.15-0.33
0.710.710.680.24-0.570.7-0.040.620.410.10.420.580.370.71-0.330.820.880.630.510.44-0.590.68-0.130.530.25
0.760.5-0.180.24-0.120.51-0.370.80.58-0.420.420.66-0.31-0.08-0.150.490.230.390.80.310.150.730.890.480.86
-0.42-0.17-0.32-0.57-0.12-0.17-0.23-0.36-0.52-0.19-0.04-0.310.12-0.460.27-0.47-0.51-0.09-0.270.110.18-0.320.01-0.29-0.45
0.871.00.140.70.51-0.17-0.330.870.670.030.50.860.360.13-0.220.90.450.710.70.74-0.310.860.20.710.51
-0.25-0.280.03-0.04-0.37-0.23-0.33-0.3-0.060.730.22-0.23-0.080.130.3-0.160.07-0.17-0.18-0.23-0.22-0.14-0.38-0.15-0.18
0.980.86-0.040.620.8-0.360.87-0.30.86-0.080.480.920.030.04-0.270.880.410.590.880.59-0.110.940.550.770.84
0.820.67-0.310.410.58-0.520.67-0.060.860.170.320.78-0.13-0.19-0.260.740.120.280.70.380.050.760.460.810.86
-0.060.08-0.090.1-0.42-0.190.030.73-0.080.170.370.130.260.080.120.120.050.12-0.180.18-0.50.1-0.580.02-0.15
0.540.530.030.420.42-0.040.50.220.480.320.370.570.240.350.00.520.530.640.430.43-0.540.690.10.350.33
0.920.86-0.050.580.66-0.310.86-0.230.920.780.130.570.210.1-0.10.90.430.740.760.76-0.280.930.350.60.72
0.10.360.330.37-0.310.120.36-0.080.03-0.130.260.240.210.29-0.060.340.280.57-0.130.47-0.490.16-0.54-0.04-0.35
0.170.140.860.71-0.08-0.460.130.130.04-0.190.080.350.10.29-0.110.320.90.440.00.1-0.70.2-0.39-0.09-0.19
-0.27-0.19-0.15-0.33-0.150.27-0.220.3-0.27-0.260.120.0-0.1-0.06-0.11-0.25-0.160.04-0.150.09-0.06-0.14-0.14-0.25-0.19
0.930.90.230.820.49-0.470.9-0.160.880.740.120.520.90.340.32-0.250.620.760.720.66-0.410.910.180.710.59
0.530.460.740.880.23-0.510.450.070.410.120.050.530.430.280.9-0.160.620.620.420.27-0.630.55-0.140.230.12
0.670.720.340.630.39-0.090.71-0.170.590.280.120.640.740.570.440.040.760.620.420.75-0.690.760.010.290.27
0.880.7-0.090.510.8-0.270.7-0.180.880.7-0.180.430.76-0.130.0-0.150.720.420.420.350.10.820.620.680.75
0.580.750.140.440.310.110.74-0.230.590.380.180.430.760.470.10.090.660.270.750.35-0.440.640.010.310.25
-0.2-0.33-0.56-0.590.150.18-0.31-0.22-0.110.05-0.5-0.54-0.28-0.49-0.7-0.06-0.41-0.63-0.690.1-0.44-0.380.54-0.060.2
0.960.870.040.680.73-0.320.86-0.140.940.760.10.690.930.160.2-0.140.910.550.760.820.64-0.380.390.730.72
0.490.19-0.41-0.130.890.010.2-0.380.550.46-0.580.10.35-0.54-0.39-0.140.18-0.140.010.620.010.540.390.340.79
0.760.72-0.150.530.48-0.290.71-0.150.770.810.020.350.6-0.04-0.09-0.250.710.230.290.680.31-0.060.730.340.61
0.790.5-0.330.250.86-0.450.51-0.180.840.86-0.150.330.72-0.35-0.19-0.190.590.120.270.750.250.20.720.790.61
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Zee Learn Account Relationship Matchups

Zee Learn fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets15.2B14.7B14.5B10.2B10.8B9.5B
Short Long Term Debt Total4.6B4.4B4.4B4.6B3.6B3.4B
Other Current Liab467.0M848.8M1.6B881.5M3.1B3.3B
Total Current Liabilities3.5B3.8B4.1B4.3B5.1B5.3B
Total Stockholder Equity4.7B4.6B4.6B183.0M1.8B2.8B
Property Plant And Equipment Net1.4B972.9M686.0M615.0M273.3M259.7M
Net Debt4.5B4.4B4.1B4.4B3.4B3.2B
Cash80.9M56.6M256.3M257.1M190.6M188.6M
Non Current Assets Total13.6B12.7B12.5B8.6B7.0B8.1B
Non Currrent Assets Other6.9B6.6B6.8B6.3B213.5M202.8M
Cash And Short Term Investments186.1M60.0M256.3M529.5M225.7M248.7M
Common Stock Shares Outstanding326.1M326.1M326.1M326.2M326.8M330.7M
Liabilities And Stockholders Equity15.2B14.7B14.5B10.2B10.8B9.5B
Non Current Liabilities Total5.4B4.8B4.4B4.6B4.0B3.8B
Inventory177.0M106.6M49.3M262.0M272.5M153.7M
Other Current Assets79.1M824.4M441.2M636.2M2.9B3.1B
Other Stockholder Equity2.8B3.6B(3.2B)1.3B1.2B1.2B
Total Liab8.9B8.6B8.5B8.8B9.0B6.2B
Total Current Assets1.6B2.0B2.0B1.6B3.8B4.0B
Accumulated Other Comprehensive Income(1.2B)1.6B1.6B1.6B1.6B1.7B
Net Receivables1.2B962.8M1.2B356.7M377.0M628.7M
Short Term Investments105.2M3.4M1K272.5M35.1M36.9M
Intangible Assets1.2B1.2B1.1B922.8M896.4M914.4M
Current Deferred Revenue1.3B1.3B1.5B799.5M585.3M594.4M
Retained Earnings1.5B1.4B1.4B(3.0B)(1.4B)(1.3B)
Accounts Payable519.3M921.6M737.4M702.0M128.8M122.4M
Short Term Debt1.2B1.5B1.8B1.8B1.2B994.2M
Other Liab2.0B1.9B1.7B1.7B1.9B1.5B
Net Tangible Assets331.6M342.2M396.4M(730.4M)(657.4M)(624.5M)
Other Assets2.3B1.9B2.1B913.9M1.1B1.4B
Long Term Debt2.7B2.5B2.3B2.5B2.1B2.1B
Short Long Term Debt951.4M492.3M1.7B1.7B1.1B1.1B
Property Plant Equipment6.9B6.5B6.2B626.3M720.3M684.3M
Long Term Debt Total3.4B2.9B2.6B2.9B2.6B2.3B
Non Current Liabilities Other1.8B1.6B1.5B1.5B1.3B1.4B
Cash And Equivalents80.0M56.3M256.3M257.1M295.6M310.4M

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