ZC Stock | | | CAD 0.04 0.00 0.00% |
Zimtu Capital financial indicator trend analysis is more than just analyzing Zimtu Capital Corp current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Zimtu Capital Corp is a good investment. Please check the relationship between Zimtu Capital Short Term Investments and its Property Plant And Equipment Net accounts. Check out
Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Zimtu Capital Corp. 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.
Short Term Investments vs Property Plant And Equipment Net
Short Term Investments vs Property Plant And Equipment Net Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Zimtu Capital Corp Short Term Investments account and
Property Plant And Equipment Net. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Zimtu Capital's Short Term Investments and Property Plant And Equipment Net is -0.02. Overlapping area represents the amount of variation of Short Term Investments that can explain the historical movement of Property Plant And Equipment Net in the same time period over historical financial statements of Zimtu Capital Corp, assuming nothing else is changed. The correlation between historical values of Zimtu Capital's Short Term Investments and Property Plant And Equipment Net 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 Zimtu Capital Corp are associated (or correlated) with its Property Plant And Equipment Net. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant And Equipment Net has no effect on the direction of Short Term Investments i.e., Zimtu Capital's Short Term Investments and Property Plant And Equipment Net go up and down completely randomly.
Correlation Coefficient | -0.02 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Short Term Investments
Short Term Investments is an item under the current assets section of Zimtu Capital balance sheet. It contains any investments Zimtu Capital Corp undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that Zimtu Capital Corp can easily liquidate in the marketplace.
Property Plant And Equipment Net
The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.
Most indicators from Zimtu Capital's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Zimtu Capital Corp 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 Zimtu Capital Corp. 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.
At this time, Zimtu Capital's
Tax Provision is fairly stable compared to the past year.
Issuance Of Capital Stock is likely to climb to about 2.6
M in 2024, whereas
Selling General Administrative is likely to drop slightly above 547.2
K in 2024.
Zimtu Capital fundamental ratios Correlations
Click cells to compare fundamentals
Zimtu Capital Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Zimtu Capital fundamental ratios Accounts
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