Zonte Capital Expenditures vs Net Borrowings Analysis

ZON Stock

CAD 0.09 0.01 5.56%

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

Capital Expenditures vs Net Borrowings

Capital Expenditures vs Net Borrowings Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Zonte Metals Capital Expenditures account and Net Borrowings. At this time, the significance of the direction appears to have strong relationship.

The correlation between Zonte Metals' Capital Expenditures and Net Borrowings is 0.61. Overlapping area represents the amount of variation of Capital Expenditures that can explain the historical movement of Net Borrowings in the same time period over historical financial statements of Zonte Metals, assuming nothing else is changed. The correlation between historical values of Zonte Metals' Capital Expenditures and Net Borrowings is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Capital Expenditures of Zonte Metals are associated (or correlated) with its Net Borrowings. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Borrowings has no effect on the direction of Capital Expenditures i.e., Zonte Metals' Capital Expenditures and Net Borrowings go up and down completely randomly.

Correlation Coefficient

0.61

Relationship Direction	Positive
Relationship Strength	Significant

View All Relationships

Capital Expenditures

Capital Expenditures are funds used by Zonte Metals to acquire physical assets such as property, industrial buildings or equipment. This type of outlay is used by management to increase the scope of Zonte Metals operations. These expenditures can include everything from repairing an office equipment, building a brand new facility, or writing new software.

Net Borrowings

The difference between the amount of new debt a company has taken on and the amount of debt it has paid off during a given period.

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

Issuance Of Capital Stock is likely to climb to about 586.9 K in 2024, whereas Selling General Administrative is likely to drop slightly above 187.4 K in 2024.

Zonte Metals fundamental ratios Correlations

	Total Assets	Total Current Liabilities	Total Stockholder Equity	Other Liab	Net Tangible Assets	Retained Earnings	Accounts Payable	Cash	Net Receivables	Total Liab	Short Long Term Debt	Total Current Assets	Short Term Debt	Common Stock	Property Plant Equipment	Other Stockholder Equity	Other Current Liab	Non Current Assets Total	Non Currrent Assets Other	Non Current Liabilities Total	Common Stock Shares Outstanding	Net Invested Capital	Net Working Capital	Capital Stock	Property Plant And Equipment Net	Property Plant And Equipment Gross
Total Assets		0.23	0.98	0.86	0.94	-0.89	0.63	0.58	0.51	0.84	-0.68	0.61	-0.68	0.99	0.91	0.65	0.12	0.96	0.99	0.91	0.91	0.97	0.14	0.85	0.75	0.78
Total Current Liabilities	0.23		0.08	0.45	0.09	-0.3	0.61	0.66	0.49	0.65	-0.46	0.66	-0.46	0.17	0.05	0.15	0.89	0.05	0.16	0.09	0.13	0.16	0.53	0.07	-0.12	-0.11
Total Stockholder Equity	0.98	0.08		0.78	0.95	-0.83	0.56	0.5	0.48	0.73	-0.57	0.54	-0.57	0.97	0.91	0.61	-0.01	0.96	0.99	0.9	0.89	0.96	0.1	0.84	0.76	0.78
Other Liab	0.86	0.45	0.78		0.72	-0.87	0.59	0.65	0.46	0.95	-0.92	0.66	-0.92	0.88	0.72	0.7	0.36	0.79	0.85	0.73	0.72	0.77	0.16	0.64	0.58	0.6
Net Tangible Assets	0.94	0.09	0.95	0.72		-0.91	0.54	0.42	0.46	0.72	-0.58	0.51	-0.58	0.93	0.98	0.59	-0.08	0.95	0.93	0.92	0.94	0.97	0.06	0.92	0.84	0.82
Retained Earnings	-0.89	-0.3	-0.83	-0.87	-0.91		-0.59	-0.49	-0.39	-0.88	0.83	-0.58	0.83	-0.9	-0.91	-0.71	-0.1	-0.89	-0.86	-0.9	-0.91	-0.89	-0.06	-0.88	-0.8	-0.79
Accounts Payable	0.63	0.61	0.56	0.59	0.54	-0.59		0.89	0.78	0.69	-0.48	0.91	-0.48	0.58	0.4	0.67	0.33	0.42	0.58	0.45	0.48	0.51	0.7	0.4	0.1	0.14
Cash	0.58	0.66	0.5	0.65	0.42	-0.49	0.89		0.75	0.68	-0.56	0.98	-0.56	0.52	0.27	0.48	0.48	0.32	0.52	0.3	0.33	0.44	0.84	0.2	-0.05	-0.02
Net Receivables	0.51	0.49	0.48	0.46	0.46	-0.39	0.78	0.75		0.49	-0.4	0.79	-0.4	0.44	0.32	0.42	0.3	0.33	0.51	0.23	0.3	0.45	0.67	0.26	-0.01	-0.03
Total Liab	0.84	0.65	0.73	0.95	0.72	-0.88	0.69	0.68	0.49		-0.88	0.71	-0.88	0.83	0.71	0.63	0.51	0.75	0.8	0.75	0.75	0.77	0.23	0.69	0.56	0.59
Short Long Term Debt	-0.68	-0.46	-0.57	-0.92	-0.58	0.83	-0.48	-0.56	-0.4	-0.88		-0.59	1.0	-0.69	-0.6	-0.62	-0.35	-0.63	-0.66	-0.58	-0.58	-0.62	-0.14	-0.53	-0.48	-0.47
Total Current Assets	0.61	0.66	0.54	0.66	0.51	-0.58	0.91	0.98	0.79	0.71	-0.59		-0.59	0.56	0.37	0.51	0.44	0.38	0.56	0.37	0.41	0.5	0.82	0.29	0.03	0.05
Short Term Debt	-0.68	-0.46	-0.57	-0.92	-0.58	0.83	-0.48	-0.56	-0.4	-0.88	1.0	-0.59		-0.69	-0.6	-0.62	-0.35	-0.63	-0.66	-0.58	-0.58	-0.62	-0.14	-0.53	-0.48	-0.47
Common Stock	0.99	0.17	0.97	0.88	0.93	-0.9	0.58	0.52	0.44	0.83	-0.69	0.56	-0.69		0.91	0.69	0.06	0.96	0.99	0.93	0.92	0.95	0.07	0.86	0.78	0.82
Property Plant Equipment	0.91	0.05	0.91	0.72	0.98	-0.91	0.4	0.27	0.32	0.71	-0.6	0.37	-0.6	0.91		0.56	-0.07	0.97	0.9	0.94	0.95	0.97	-0.13	0.95	0.93	0.91
Other Stockholder Equity	0.65	0.15	0.61	0.7	0.59	-0.71	0.67	0.48	0.42	0.63	-0.62	0.51	-0.62	0.69	0.56		-0.11	0.59	0.66	0.61	0.58	0.53	0.1	0.52	0.43	0.46
Other Current Liab	0.12	0.89	-0.01	0.36	-0.08	-0.1	0.33	0.48	0.3	0.51	-0.35	0.44	-0.35	0.06	-0.07	-0.11		-0.02	0.07	-0.06	-0.04	0.06	0.34	-0.08	-0.18	-0.17
Non Current Assets Total	0.96	0.05	0.96	0.79	0.95	-0.89	0.42	0.32	0.33	0.75	-0.63	0.38	-0.63	0.96	0.97	0.59	-0.02		0.96	0.95	0.94	0.97	-0.13	0.93	0.9	0.91
Non Currrent Assets Other	0.99	0.16	0.99	0.85	0.93	-0.86	0.58	0.52	0.51	0.8	-0.66	0.56	-0.66	0.99	0.9	0.66	0.07	0.96		0.9	0.9	0.96	0.09	0.85	0.76	0.79
Non Current Liabilities Total	0.91	0.09	0.9	0.73	0.92	-0.9	0.45	0.3	0.23	0.75	-0.58	0.37	-0.58	0.93	0.94	0.61	-0.06	0.95	0.9		0.99	0.94	-0.1	0.97	0.91	0.94
Common Stock Shares Outstanding	0.91	0.13	0.89	0.72	0.94	-0.91	0.48	0.33	0.3	0.75	-0.58	0.41	-0.58	0.92	0.95	0.58	-0.04	0.94	0.9	0.99		0.95	-0.04	0.98	0.89	0.91
Net Invested Capital	0.97	0.16	0.96	0.77	0.97	-0.89	0.51	0.44	0.45	0.77	-0.62	0.5	-0.62	0.95	0.97	0.53	0.06	0.97	0.96	0.94	0.95		0.05	0.92	0.84	0.84
Net Working Capital	0.14	0.53	0.1	0.16	0.06	-0.06	0.7	0.84	0.67	0.23	-0.14	0.82	-0.14	0.07	-0.13	0.1	0.34	-0.13	0.09	-0.1	-0.04	0.05		-0.17	-0.45	-0.43
Capital Stock	0.85	0.07	0.84	0.64	0.92	-0.88	0.4	0.2	0.26	0.69	-0.53	0.29	-0.53	0.86	0.95	0.52	-0.08	0.93	0.85	0.97	0.98	0.92	-0.17		0.93	0.93
Property Plant And Equipment Net	0.75	-0.12	0.76	0.58	0.84	-0.8	0.1	-0.05	-0.01	0.56	-0.48	0.03	-0.48	0.78	0.93	0.43	-0.18	0.9	0.76	0.91	0.89	0.84	-0.45	0.93		0.98
Property Plant And Equipment Gross	0.78	-0.11	0.78	0.6	0.82	-0.79	0.14	-0.02	-0.03	0.59	-0.47	0.05	-0.47	0.82	0.91	0.46	-0.17	0.91	0.79	0.94	0.91	0.84	-0.43	0.93	0.98

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Zonte Metals Account Relationship Matchups

Zonte Metals fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	5.1M	5.0M	5.0M	5.5M	5.6M	3.5M
Total Current Liabilities	522.6K	44.9K	85.5K	249.2K	148.4K	235.6K
Total Stockholder Equity	3.5M	3.9M	3.7M	3.8M	4.0M	2.2M
Net Tangible Assets	3.5M	3.9M	3.7M	3.8M	4.4M	4.6M
Retained Earnings	(4.6M)	(4.6M)	(5.0M)	(5.9M)	(5.9M)	(6.2M)
Accounts Payable	128.5K	20.7K	29.9K	96.0K	51.6K	55.2K
Cash	1.9M	550.1K	177.9K	1.1M	360.0K	342.0K
Net Receivables	43.4K	214.8K	43.1K	21.2K	24.4K	46.8K
Total Liab	1.6M	1.2M	1.3M	1.6M	1.6M	1.3M
Total Current Assets	2.1M	608.9K	216.0K	1.1M	495.9K	795.3K
Common Stock	6.5M	6.8M	6.9M	7.5M	8.7M	5.0M
Property Plant Equipment	3.0M	4.4M	4.8M	4.4M	5.0M	5.3M
Other Stockholder Equity	160.2K	194.4K	34.2K	208.9K	240.2K	145.0K
Other Current Liab	12K	222.6K	338.0K	153.2K	32.9K	31.2K
Non Current Assets Total	3.0M	4.4M	4.8M	4.4M	5.1M	3.5M
Non Current Liabilities Total	1.1M	1.1M	1.2M	1.4M	1.5M	1.2M
Common Stock Shares Outstanding	57.2M	58.8M	59.3M	68.6M	72.2M	64.7M
Net Invested Capital	3.5M	3.9M	3.7M	3.8M	4.0M	3.5M
Net Working Capital	1.6M	563.9K	130.5K	882.2K	347.5K	640.0K
Capital Stock	6.5M	6.8M	6.9M	7.5M	7.7M	7.5M

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