Zhongrun Retained Earnings vs Cash Analysis

000506 Stock

3.53 0.17 5.06%

Zhongrun Resources financial indicator trend analysis is more than just analyzing Zhongrun Resources current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Zhongrun Resources is a good investment. Please check the relationship between Zhongrun Resources Retained Earnings and its Cash accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Zhongrun Resources Investment. 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.

Retained Earnings vs Cash

Retained Earnings vs Cash Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Zhongrun Resources Retained Earnings account and Cash. At this time, the significance of the direction appears to have strong relationship.

The correlation between Zhongrun Resources' Retained Earnings and Cash is 0.63. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Cash in the same time period over historical financial statements of Zhongrun Resources Investment, assuming nothing else is changed. The correlation between historical values of Zhongrun Resources' Retained Earnings and Cash is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Retained Earnings of Zhongrun Resources Investment are associated (or correlated) with its Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash has no effect on the direction of Retained Earnings i.e., Zhongrun Resources' Retained Earnings and Cash go up and down completely randomly.

Correlation Coefficient

0.63

Relationship Direction	Positive
Relationship Strength	Significant

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Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.

Cash

Cash refers to the most liquid asset of Zhongrun Resources, which is listed under current asset account on Zhongrun Resources Investment balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Zhongrun Resources customers. The amounts must be unrestricted with restricted cash listed in a different Zhongrun Resources account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.

Most indicators from Zhongrun Resources' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Zhongrun Resources 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 Zhongrun Resources Investment. 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.

As of December 1, 2024, Selling General Administrative is expected to decline to about 32.1 M. The current year's Tax Provision is expected to grow to about (548.4 K)

Zhongrun Resources fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Accounts Payable	Cash	Other Assets	Net Receivables	Inventory	Other Current Assets	Total Liab	Intangible Assets	Common Stock	Property Plant Equipment	Short Term Investments	Retained Earnings	Other Liab	Long Term Debt	Net Tangible Assets	Other Stockholder Equity	Long Term Investments	Short Long Term Debt	Total Current Assets	Short Term Debt	Non Current Assets Total	Non Currrent Assets Other
Total Assets		0.93	0.93	0.71	0.85	0.65	0.0	0.43	0.94	0.72	0.94	-0.02	0.18	-0.67	-0.45	0.65	0.05	0.67	0.5	0.09	-0.46	-0.25	0.5	-0.48	-0.3	0.47
Other Current Liab	0.93		0.93	0.57	0.89	0.67	-0.13	0.37	0.99	0.78	0.93	-0.27	-0.02	-0.79	-0.22	0.65	-0.21	0.72	0.55	-0.07	-0.63	-0.42	0.64	-0.66	-0.45	0.63
Total Current Liabilities	0.93	0.93		0.45	0.81	0.62	0.1	0.18	0.93	0.85	0.99	-0.12	0.06	-0.67	-0.37	0.42	-0.15	0.77	0.32	-0.05	-0.38	-0.25	0.39	-0.42	-0.32	0.34
Total Stockholder Equity	0.71	0.57	0.45		0.66	0.58	-0.38	0.84	0.6	0.17	0.46	0.01	0.32	-0.43	-0.46	0.89	0.17	0.06	0.71	0.34	-0.56	-0.05	0.63	-0.48	-0.43	0.56
Accounts Payable	0.85	0.89	0.81	0.66		0.62	-0.21	0.43	0.91	0.7	0.8	-0.3	0.1	-0.68	-0.28	0.69	-0.16	0.5	0.58	-0.05	-0.55	-0.35	0.63	-0.65	-0.48	0.58
Cash	0.65	0.67	0.62	0.58	0.62		-0.32	0.47	0.65	0.56	0.59	-0.36	0.07	-0.4	-0.16	0.63	-0.23	0.24	0.54	0.39	-0.59	-0.16	0.65	-0.43	-0.46	0.56
Other Assets	0.0	-0.13	0.1	-0.38	-0.21	-0.32		-0.63	-0.15	0.05	0.14	0.38	0.34	0.28	-0.45	-0.65	0.3	0.38	-0.74	-0.18	0.79	-0.06	-0.81	0.57	0.76	-0.54
Net Receivables	0.43	0.37	0.18	0.84	0.43	0.47	-0.63		0.38	-0.11	0.19	-0.24	0.18	-0.29	-0.2	0.86	0.01	-0.12	0.7	0.42	-0.62	0.12	0.7	-0.41	-0.6	0.51
Inventory	0.94	0.99	0.93	0.6	0.91	0.65	-0.15	0.38		0.77	0.93	-0.25	-0.02	-0.79	-0.23	0.67	-0.15	0.71	0.58	-0.04	-0.63	-0.37	0.64	-0.65	-0.46	0.6
Other Current Assets	0.72	0.78	0.85	0.17	0.7	0.56	0.05	-0.11	0.77		0.83	-0.17	-0.1	-0.53	-0.11	0.25	-0.12	0.67	0.28	-0.11	-0.34	-0.25	0.33	-0.37	-0.24	0.32
Total Liab	0.94	0.93	0.99	0.46	0.8	0.59	0.14	0.19	0.93	0.83		-0.12	0.02	-0.69	-0.34	0.44	-0.1	0.83	0.35	-0.02	-0.37	-0.26	0.38	-0.42	-0.29	0.37
Intangible Assets	-0.02	-0.27	-0.12	0.01	-0.3	-0.36	0.38	-0.24	-0.25	-0.17	-0.12		0.15	0.11	-0.21	-0.24	0.46	-0.04	-0.23	-0.12	0.41	-0.07	-0.42	0.22	0.65	-0.34
Common Stock	0.18	-0.02	0.06	0.32	0.1	0.07	0.34	0.18	-0.02	-0.1	0.02	0.15		0.51	-0.89	-0.05	0.56	-0.25	-0.33	0.14	0.33	0.26	-0.33	0.46	0.33	-0.33
Property Plant Equipment	-0.67	-0.79	-0.67	-0.43	-0.68	-0.4	0.28	-0.29	-0.79	-0.53	-0.69	0.11	0.51		-0.21	-0.62	0.41	-0.67	-0.65	0.27	0.69	0.56	-0.68	0.87	0.53	-0.71
Short Term Investments	-0.45	-0.22	-0.37	-0.46	-0.28	-0.16	-0.45	-0.2	-0.23	-0.11	-0.34	-0.21	-0.89	-0.21		-0.04	-0.46	-0.05	0.26	-0.09	-0.29	-0.21	0.29	-0.33	-0.2	0.28
Retained Earnings	0.65	0.65	0.42	0.89	0.69	0.63	-0.65	0.86	0.67	0.25	0.44	-0.24	-0.05	-0.62	-0.04		-0.07	0.13	0.93	0.31	-0.83	-0.19	0.9	-0.74	-0.64	0.81
Other Liab	0.05	-0.21	-0.15	0.17	-0.16	-0.23	0.3	0.01	-0.15	-0.12	-0.1	0.46	0.56	0.41	-0.46	-0.07		-0.11	-0.13	0.12	0.32	0.37	-0.37	0.41	0.5	-0.35
Long Term Debt	0.67	0.72	0.77	0.06	0.5	0.24	0.38	-0.12	0.71	0.67	0.83	-0.04	-0.25	-0.67	-0.05	0.13	-0.11		0.13	-0.25	-0.15	-0.41	0.13	-0.33	-0.02	0.26
Net Tangible Assets	0.5	0.55	0.32	0.71	0.58	0.54	-0.74	0.7	0.58	0.28	0.35	-0.23	-0.33	-0.65	0.26	0.93	-0.13	0.13		0.31	-0.85	-0.21	0.93	-0.79	-0.64	0.85
Other Stockholder Equity	0.09	-0.07	-0.05	0.34	-0.05	0.39	-0.18	0.42	-0.04	-0.11	-0.02	-0.12	0.14	0.27	-0.09	0.31	0.12	-0.25	0.31		-0.04	0.48	0.21	0.25	-0.09	0.13
Long Term Investments	-0.46	-0.63	-0.38	-0.56	-0.55	-0.59	0.79	-0.62	-0.63	-0.34	-0.37	0.41	0.33	0.69	-0.29	-0.83	0.32	-0.15	-0.85	-0.04		0.28	-0.94	0.82	0.77	-0.81
Short Long Term Debt	-0.25	-0.42	-0.25	-0.05	-0.35	-0.16	-0.06	0.12	-0.37	-0.25	-0.26	-0.07	0.26	0.56	-0.21	-0.19	0.37	-0.41	-0.21	0.48	0.28		-0.27	0.66	-0.11	-0.56
Total Current Assets	0.5	0.64	0.39	0.63	0.63	0.65	-0.81	0.7	0.64	0.33	0.38	-0.42	-0.33	-0.68	0.29	0.9	-0.37	0.13	0.93	0.21	-0.94	-0.27		-0.83	-0.77	0.86
Short Term Debt	-0.48	-0.66	-0.42	-0.48	-0.65	-0.43	0.57	-0.41	-0.65	-0.37	-0.42	0.22	0.46	0.87	-0.33	-0.74	0.41	-0.33	-0.79	0.25	0.82	0.66	-0.83		0.59	-0.85
Non Current Assets Total	-0.3	-0.45	-0.32	-0.43	-0.48	-0.46	0.76	-0.6	-0.46	-0.24	-0.29	0.65	0.33	0.53	-0.2	-0.64	0.5	-0.02	-0.64	-0.09	0.77	-0.11	-0.77	0.59		-0.53
Non Currrent Assets Other	0.47	0.63	0.34	0.56	0.58	0.56	-0.54	0.51	0.6	0.32	0.37	-0.34	-0.33	-0.71	0.28	0.81	-0.35	0.26	0.85	0.13	-0.81	-0.56	0.86	-0.85	-0.53

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Zhongrun Resources Account Relationship Matchups

Zhongrun Resources fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	2.6B	2.3B	1.7B	1.7B	2.3B	2.6B
Other Current Liab	445.7M	673.3M	538.7M	143.3M	164.8M	156.5M
Total Current Liabilities	1.1B	1.7B	1.3B	915.7M	907.0M	1.5B
Total Stockholder Equity	1.0B	534.7M	374.6M	642.3M	696.8M	896.7M
Accounts Payable	157.6M	134.1M	149.1M	124.1M	70.5M	67.0M
Cash	101.1M	124.6M	10.2M	7.8M	5.2M	5.0M
Other Assets	738.8M	706.0M	674.9M	658.4M	757.2M	795.1M
Net Receivables	477.8M	2.0M	50.3M	17.8M	20.4M	19.4M
Inventory	393.4M	577.7M	180.5M	188.2M	83.3M	79.1M
Other Current Assets	41.3M	79.9M	132.0M	37.6M	19.6M	18.6M
Total Liab	1.5B	1.7B	1.3B	1.0B	997.6M	1.7B
Intangible Assets	209.2M	149.3M	68.4M	62.0M	1.4B	1.4B
Property Plant Equipment	591.4M	554.6M	525.9M	561.3M	645.4M	359.2M
Retained Earnings	57.5M	(435.4M)	(564.5M)	(311.5M)	(365.9M)	(347.6M)
Other Liab	85.0M	26.1M	30.2M	119.2M	137.1M	71.3M
Net Tangible Assets	838.6M	385.4M	306.2M	580.4M	522.3M	593.1M
Other Stockholder Equity	10.1M	(10.3M)	(41.2M)	(26.5M)	(23.9M)	(22.7M)
Short Long Term Debt	116.0M	100.9M	92.2M	280.3M	85.2M	158.4M
Total Current Assets	1.0B	865.2M	372.9M	386.2M	229.4M	217.9M
Non Current Assets Total	1.6B	1.5B	1.3B	1.3B	2.1B	1.5B
Non Currrent Assets Other	2.2M	27.3M	9.9M	8.2M	4.2M	3.9M
Non Current Liabilities Total	455.0M	26.1M	33.5M	129.9M	90.6M	110.8M
Non Current Liabilities Other	200.3M	21.9M	26.2M	115.4M	79.2M	66.1M
Net Debt	345.1M	264.9M	82.0M	272.5M	80.0M	76.0M
Net Invested Capital	1.4B	635.5M	466.8M	922.6M	782.0M	809.8M
Net Working Capital	(59.4M)	(858.2M)	(880.0M)	(529.5M)	(677.6M)	(643.7M)

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Other Information on Investing in Zhongrun Stock

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

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Zhongrun Retained Earnings vs Cash Analysis

Retained Earnings vs Cash

Retained Earnings vs Cash Correlation Analysis

Correlation Coefficient

Retained Earnings

Cash

Zhongrun Resources fundamental ratios Correlations

Zhongrun Resources Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Zhongrun Resources fundamental ratios Accounts

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Other Information on Investing in Zhongrun Stock

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COMPANY

Inventory	+ 0.99	Other Current Liab
Total Liab	+ 0.99	Total Current Liabilities
Inventory	+ 0.94	Total Assets
Total Liab	+ 0.94	Total Assets
Other Current Liab	+ 0.93	Total Assets
Total Current Liabilities	+ 0.93	Total Assets

Total Current Assets	- 0.94	Long Term Investments
Short Term Investments	- 0.89	Common Stock
Non Currrent Assets Other	- 0.85	Short Term Debt
Long Term Investments	- 0.85	Net Tangible Assets
Short Term Debt	- 0.83	Total Current Assets
Long Term Investments	- 0.83	Retained Earnings