Zonte Net Receivables vs Property Plant And Equipment Net 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 Net Receivables 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 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.

Net Receivables vs Property Plant And Equipment Net

Net Receivables 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 Zonte Metals Net Receivables account and Property Plant And Equipment Net. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Zonte Metals' Net Receivables and Property Plant And Equipment Net is -0.01. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Property Plant And Equipment Net 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' Net Receivables 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 Net Receivables of Zonte Metals 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 Net Receivables i.e., Zonte Metals' Net Receivables and Property Plant And Equipment Net go up and down completely randomly.

Correlation Coefficient

-0.01
Relationship DirectionNegative 
Relationship StrengthInsignificant

Net Receivables

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 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

0.230.980.860.94-0.890.630.580.510.84-0.680.61-0.680.990.910.650.120.960.990.910.910.970.140.850.750.78
0.230.080.450.09-0.30.610.660.490.65-0.460.66-0.460.170.050.150.890.050.160.090.130.160.530.07-0.12-0.11
0.980.080.780.95-0.830.560.50.480.73-0.570.54-0.570.970.910.61-0.010.960.990.90.890.960.10.840.760.78
0.860.450.780.72-0.870.590.650.460.95-0.920.66-0.920.880.720.70.360.790.850.730.720.770.160.640.580.6
0.940.090.950.72-0.910.540.420.460.72-0.580.51-0.580.930.980.59-0.080.950.930.920.940.970.060.920.840.82
-0.89-0.3-0.83-0.87-0.91-0.59-0.49-0.39-0.880.83-0.580.83-0.9-0.91-0.71-0.1-0.89-0.86-0.9-0.91-0.89-0.06-0.88-0.8-0.79
0.630.610.560.590.54-0.590.890.780.69-0.480.91-0.480.580.40.670.330.420.580.450.480.510.70.40.10.14
0.580.660.50.650.42-0.490.890.750.68-0.560.98-0.560.520.270.480.480.320.520.30.330.440.840.2-0.05-0.02
0.510.490.480.460.46-0.390.780.750.49-0.40.79-0.40.440.320.420.30.330.510.230.30.450.670.26-0.01-0.03
0.840.650.730.950.72-0.880.690.680.49-0.880.71-0.880.830.710.630.510.750.80.750.750.770.230.690.560.59
-0.68-0.46-0.57-0.92-0.580.83-0.48-0.56-0.4-0.88-0.591.0-0.69-0.6-0.62-0.35-0.63-0.66-0.58-0.58-0.62-0.14-0.53-0.48-0.47
0.610.660.540.660.51-0.580.910.980.790.71-0.59-0.590.560.370.510.440.380.560.370.410.50.820.290.030.05
-0.68-0.46-0.57-0.92-0.580.83-0.48-0.56-0.4-0.881.0-0.59-0.69-0.6-0.62-0.35-0.63-0.66-0.58-0.58-0.62-0.14-0.53-0.48-0.47
0.990.170.970.880.93-0.90.580.520.440.83-0.690.56-0.690.910.690.060.960.990.930.920.950.070.860.780.82
0.910.050.910.720.98-0.910.40.270.320.71-0.60.37-0.60.910.56-0.070.970.90.940.950.97-0.130.950.930.91
0.650.150.610.70.59-0.710.670.480.420.63-0.620.51-0.620.690.56-0.110.590.660.610.580.530.10.520.430.46
0.120.89-0.010.36-0.08-0.10.330.480.30.51-0.350.44-0.350.06-0.07-0.11-0.020.07-0.06-0.040.060.34-0.08-0.18-0.17
0.960.050.960.790.95-0.890.420.320.330.75-0.630.38-0.630.960.970.59-0.020.960.950.940.97-0.130.930.90.91
0.990.160.990.850.93-0.860.580.520.510.8-0.660.56-0.660.990.90.660.070.960.90.90.960.090.850.760.79
0.910.090.90.730.92-0.90.450.30.230.75-0.580.37-0.580.930.940.61-0.060.950.90.990.94-0.10.970.910.94
0.910.130.890.720.94-0.910.480.330.30.75-0.580.41-0.580.920.950.58-0.040.940.90.990.95-0.040.980.890.91
0.970.160.960.770.97-0.890.510.440.450.77-0.620.5-0.620.950.970.530.060.970.960.940.950.050.920.840.84
0.140.530.10.160.06-0.060.70.840.670.23-0.140.82-0.140.07-0.130.10.34-0.130.09-0.1-0.040.05-0.17-0.45-0.43
0.850.070.840.640.92-0.880.40.20.260.69-0.530.29-0.530.860.950.52-0.080.930.850.970.980.92-0.170.930.93
0.75-0.120.760.580.84-0.80.1-0.05-0.010.56-0.480.03-0.480.780.930.43-0.180.90.760.910.890.84-0.450.930.98
0.78-0.110.780.60.82-0.790.14-0.02-0.030.59-0.470.05-0.470.820.910.46-0.170.910.790.940.910.84-0.430.930.98
Click cells to compare fundamentals

Zonte Metals Account Relationship Matchups

Zonte Metals fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets5.1M5.0M5.0M5.5M5.6M3.5M
Total Current Liabilities522.6K44.9K85.5K249.2K148.4K235.6K
Total Stockholder Equity3.5M3.9M3.7M3.8M4.0M2.2M
Net Tangible Assets3.5M3.9M3.7M3.8M4.4M4.6M
Retained Earnings(4.6M)(4.6M)(5.0M)(5.9M)(5.9M)(6.2M)
Accounts Payable128.5K20.7K29.9K96.0K51.6K55.2K
Cash1.9M550.1K177.9K1.1M360.0K342.0K
Net Receivables43.4K214.8K43.1K21.2K24.4K46.8K
Total Liab1.6M1.2M1.3M1.6M1.6M1.3M
Total Current Assets2.1M608.9K216.0K1.1M495.9K795.3K
Common Stock6.5M6.8M6.9M7.5M8.7M5.0M
Property Plant Equipment3.0M4.4M4.8M4.4M5.0M5.3M
Other Stockholder Equity160.2K194.4K34.2K208.9K240.2K145.0K
Other Current Liab12K222.6K338.0K153.2K32.9K31.2K
Non Current Assets Total3.0M4.4M4.8M4.4M5.1M3.5M
Non Current Liabilities Total1.1M1.1M1.2M1.4M1.5M1.2M
Common Stock Shares Outstanding57.2M58.8M59.3M68.6M72.2M64.7M
Net Invested Capital3.5M3.9M3.7M3.8M4.0M3.5M
Net Working Capital1.6M563.9K130.5K882.2K347.5K640.0K
Capital Stock6.5M6.8M6.9M7.5M7.7M7.5M

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