ZKH Short Term Investments vs Short Term Debt Analysis

ZKH Stock

3.52 0.07 1.95%

ZKH Group financial indicator trend analysis is more than just analyzing ZKH Group Limited current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether ZKH Group Limited is a good investment. Please check the relationship between ZKH Group Short Term Investments and its Short Term Debt accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in ZKH Group 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 industry.

Short Term Investments vs Short Term Debt

Short Term Investments vs Short Term Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of ZKH Group Limited Short Term Investments account and Short Term Debt. At this time, the significance of the direction appears to have very strong relationship.

The correlation between ZKH Group's Short Term Investments and Short Term Debt is 0.86. Overlapping area represents the amount of variation of Short Term Investments that can explain the historical movement of Short Term Debt in the same time period over historical financial statements of ZKH Group Limited, assuming nothing else is changed. The correlation between historical values of ZKH Group's Short Term Investments and Short 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 Short Term Investments of ZKH Group Limited are associated (or correlated) with its Short Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Term Debt has no effect on the direction of Short Term Investments i.e., ZKH Group's Short Term Investments and Short Term Debt go up and down completely randomly.

Correlation Coefficient

0.86

Relationship Direction	Positive
Relationship Strength	Strong

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Short Term Investments

Short Term Investments is an item under the current assets section of ZKH Group balance sheet. It contains any investments ZKH Group Limited undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that ZKH Group Limited can easily liquidate in the marketplace.

Short Term Debt

Most indicators from ZKH Group's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into ZKH Group 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 ZKH Group 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 industry.

As of now, ZKH Group's Issuance Of Capital Stock is decreasing as compared to previous years. The ZKH Group's current Sales General And Administrative To Revenue is estimated to increase to 0.08, while Tax Provision is projected to decrease to under 166.7 K.

	2021	2022	2023	2024 (projected)
Depreciation And Amortization	76.1M	73.5M	84.5M	68.9M
Interest Income	14.6M	53.7M	61.8M	64.8M

Depreciation And Amortization Interest Income

ZKH Group fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Net Tangible Assets	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Good Will	Common Stock Shares Outstanding	Short Term Investments	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Short Term Debt
Total Assets		0.74	0.74	0.96	-0.08	-0.87	-0.89	-0.48	0.65	-0.93	0.96	-0.67	-0.53	0.77	0.09	0.97	-0.65	-0.52	0.88	0.13	0.84	-0.83	0.78	0.4	1.0	0.95
Short Long Term Debt Total	0.74		0.94	0.89	-0.42	-0.9	-0.8	0.14	0.98	-0.8	0.89	-0.97	0.09	0.54	-0.6	0.87	-0.48	-0.31	0.61	0.41	0.97	-0.42	0.51	0.64	0.71	0.86
Other Current Liab	0.74	0.94		0.89	-0.49	-0.96	-0.89	0.06	0.92	-0.87	0.89	-0.89	0.05	0.58	-0.54	0.87	-0.6	-0.34	0.62	0.51	0.97	-0.52	0.54	0.75	0.71	0.83
Total Current Liabilities	0.96	0.89	0.89		-0.29	-0.97	-0.95	-0.24	0.82	-0.96	1.0	-0.82	-0.28	0.67	-0.19	1.0	-0.58	-0.4	0.8	0.32	0.96	-0.76	0.66	0.59	0.94	0.97
Total Stockholder Equity	-0.08	-0.42	-0.49	-0.29		0.46	0.41	-0.67	-0.35	0.27	-0.31	0.26	-0.71	0.23	0.63	-0.26	-0.22	-0.34	0.32	-0.99	-0.46	0.03	0.34	-0.93	-0.04	-0.13
Other Liab	-0.87	-0.9	-0.96	-0.97	0.46		0.98	0.12	-0.84	0.97	-0.97	0.81	0.12	-0.59	0.33	-0.96	0.56	0.3	-0.7	-0.49	-0.97	0.72	-0.56	-0.74	-0.85	-0.91
Net Tangible Assets	-0.89	-0.8	-0.89	-0.95	0.41	0.98		0.26	-0.73	0.99	-0.95	0.69	0.24	-0.56	0.17	-0.94	0.54	0.25	-0.72	-0.46	-0.9	0.84	-0.55	-0.71	-0.88	-0.91
Property Plant And Equipment Net	-0.48	0.14	0.06	-0.24	-0.67	0.12	0.26		0.17	0.36	-0.24	-0.12	0.98	-0.51	-0.81	-0.28	0.5	0.4	-0.68	0.61	0.02	0.68	-0.6	0.41	-0.52	-0.35
Net Debt	0.65	0.98	0.92	0.82	-0.35	-0.84	-0.73	0.17		-0.74	0.82	-0.99	0.13	0.49	-0.66	0.8	-0.46	-0.28	0.59	0.33	0.92	-0.34	0.48	0.56	0.62	0.81
Retained Earnings	-0.93	-0.8	-0.87	-0.96	0.27	0.97	0.99	0.36	-0.74		-0.96	0.72	0.35	-0.64	0.11	-0.96	0.61	0.33	-0.82	-0.31	-0.89	0.87	-0.64	-0.59	-0.92	-0.95
Accounts Payable	0.96	0.89	0.89	1.0	-0.31	-0.97	-0.95	-0.24	0.82	-0.96		-0.81	-0.27	0.67	-0.19	1.0	-0.58	-0.39	0.79	0.34	0.96	-0.76	0.66	0.6	0.94	0.97
Cash	-0.67	-0.97	-0.89	-0.82	0.26	0.81	0.69	-0.12	-0.99	0.72	-0.81		-0.06	-0.54	0.62	-0.8	0.5	0.35	-0.64	-0.24	-0.9	0.33	-0.54	-0.48	-0.64	-0.82
Non Current Assets Total	-0.53	0.09	0.05	-0.28	-0.71	0.12	0.24	0.98	0.13	0.35	-0.27	-0.06		-0.6	-0.8	-0.31	0.55	0.53	-0.72	0.65	-0.02	0.62	-0.69	0.45	-0.56	-0.37
Non Currrent Assets Other	0.77	0.54	0.58	0.67	0.23	-0.59	-0.56	-0.51	0.49	-0.64	0.67	-0.54	-0.6		0.13	0.68	-0.95	-0.93	0.84	-0.17	0.62	-0.47	0.99	0.09	0.76	0.64
Cash And Short Term Investments	0.09	-0.6	-0.54	-0.19	0.63	0.33	0.17	-0.81	-0.66	0.11	-0.19	0.62	-0.8	0.13		-0.15	-0.07	-0.17	0.18	-0.57	-0.46	-0.34	0.2	-0.57	0.14	-0.13
Net Receivables	0.97	0.87	0.87	1.0	-0.26	-0.96	-0.94	-0.28	0.8	-0.96	1.0	-0.8	-0.31	0.68	-0.15		-0.58	-0.4	0.81	0.3	0.94	-0.78	0.67	0.56	0.96	0.98
Good Will	-0.65	-0.48	-0.6	-0.58	-0.22	0.56	0.54	0.5	-0.46	0.61	-0.58	0.5	0.55	-0.95	-0.07	-0.58		0.88	-0.79	0.16	-0.55	0.43	-0.94	-0.11	-0.63	-0.55
Common Stock Shares Outstanding	-0.52	-0.31	-0.34	-0.4	-0.34	0.3	0.25	0.4	-0.28	0.33	-0.39	0.35	0.53	-0.93	-0.17	-0.4	0.88		-0.62	0.28	-0.37	0.16	-0.91	0.09	-0.51	-0.34
Short Term Investments	0.88	0.61	0.62	0.8	0.32	-0.7	-0.72	-0.68	0.59	-0.82	0.79	-0.64	-0.72	0.84	0.18	0.81	-0.79	-0.62		-0.27	0.66	-0.76	0.89	0.05	0.88	0.86
Non Current Liabilities Total	0.13	0.41	0.51	0.32	-0.99	-0.49	-0.46	0.61	0.33	-0.31	0.34	-0.24	0.65	-0.17	-0.57	0.3	0.16	0.28	-0.27		0.48	-0.08	-0.28	0.94	0.09	0.16
Inventory	0.84	0.97	0.97	0.96	-0.46	-0.97	-0.9	0.02	0.92	-0.89	0.96	-0.9	-0.02	0.62	-0.46	0.94	-0.55	-0.37	0.66	0.48		-0.56	0.58	0.72	0.81	0.89
Other Current Assets	-0.83	-0.42	-0.52	-0.76	0.03	0.72	0.84	0.68	-0.34	0.87	-0.76	0.33	0.62	-0.47	-0.34	-0.78	0.43	0.16	-0.76	-0.08	-0.56		-0.52	-0.33	-0.85	-0.8
Other Stockholder Equity	0.78	0.51	0.54	0.66	0.34	-0.56	-0.55	-0.6	0.48	-0.64	0.66	-0.54	-0.69	0.99	0.2	0.67	-0.94	-0.91	0.89	-0.28	0.58	-0.52		-0.01	0.77	0.66
Total Liab	0.4	0.64	0.75	0.59	-0.93	-0.74	-0.71	0.41	0.56	-0.59	0.6	-0.48	0.45	0.09	-0.57	0.56	-0.11	0.09	0.05	0.94	0.72	-0.33	-0.01		0.36	0.44
Total Current Assets	1.0	0.71	0.71	0.94	-0.04	-0.85	-0.88	-0.52	0.62	-0.92	0.94	-0.64	-0.56	0.76	0.14	0.96	-0.63	-0.51	0.88	0.09	0.81	-0.85	0.77	0.36		0.94
Short Term Debt	0.95	0.86	0.83	0.97	-0.13	-0.91	-0.91	-0.35	0.81	-0.95	0.97	-0.82	-0.37	0.64	-0.13	0.98	-0.55	-0.34	0.86	0.16	0.89	-0.8	0.66	0.44	0.94

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ZKH Group Account Relationship Matchups

Currently Active Assets on Macroaxis

C	Citigroup
GM	General Motors
F	Ford Motor
GM	General Motors
V	Visa Class A

When determining whether ZKH Group Limited offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of ZKH Group's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Zkh Group Limited Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Zkh Group Limited Stock:

How To Invest In ZKH

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Is ZKH Stock a good investment?

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What is ZKH Group's Net Worth?

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Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in ZKH Group 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 industry.

You can also try the Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.

Is Industrial Machinery & Supplies & Components space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of ZKH Group. If investors know ZKH will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about ZKH Group listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Earnings Share

(2.46)

Revenue Per Share

82.533

Quarterly Revenue Growth

0.085

Return On Assets

(0.04)

Return On Equity

(0.18)

The market value of ZKH Group Limited is measured differently than its book value, which is the value of ZKH that is recorded on the company's balance sheet. Investors also form their own opinion of ZKH Group's value that differs from its market value or its book value, called intrinsic value, which is ZKH Group's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because ZKH Group's market value can be influenced by many factors that don't directly affect ZKH Group's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.

Please note, there is a significant difference between ZKH Group's value and its price as these two are different measures arrived at by different means. Investors typically determine if ZKH Group is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ZKH Group's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

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ZKH Short Term Investments vs Short Term Debt Analysis

Short Term Investments vs Short Term Debt

Short Term Investments vs Short Term Debt Correlation Analysis

Correlation Coefficient

Short Term Investments

Short Term Debt

ZKH Group fundamental ratios Correlations

ZKH Group Account Relationship Matchups

High Positive Relationship

High Negative Relationship

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Total Current Assets	+ 1.0	Total Assets
Accounts Payable	+ 1.0	Total Current Liabilities
Net Receivables	+ 1.0	Total Current Liabilities
Net Receivables	+ 1.0	Accounts Payable
Retained Earnings	+ 0.99	Net Tangible Assets
Other Stockholder Equity	+ 0.99	Non Currrent Assets Other

Cash	- 0.99	Net Debt
Non Current Liabilities Total	- 0.99	Total Stockholder Equity
Inventory	- 0.97	Other Liab
Accounts Payable	- 0.97	Other Liab
Other Liab	- 0.97	Total Current Liabilities
Cash	- 0.97	Short Long Term Debt Total