Zonte Non Current Assets Total vs Other Stockholder Equity 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 Non Current Assets Total and its Other Stockholder Equity 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.
Non Current Assets Total vs Other Stockholder Equity
Non Current Assets Total vs Other Stockholder Equity Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Zonte Metals Non Current Assets Total account and Other Stockholder Equity. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Zonte Metals' Non Current Assets Total and Other Stockholder Equity is 0.59. Overlapping area represents the amount of variation of Non Current Assets Total that can explain the historical movement of Other Stockholder Equity 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' Non Current Assets Total and Other Stockholder Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Current Assets Total of Zonte Metals are associated (or correlated) with its Other Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Stockholder Equity has no effect on the direction of Non Current Assets Total i.e., Zonte Metals' Non Current Assets Total and Other Stockholder Equity go up and down completely randomly.
Correlation Coefficient | 0.59 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Non Current Assets Total
The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.Other Stockholder Equity
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
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Zonte Metals Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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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When running Zonte Metals' price analysis, check to measure Zonte Metals' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Zonte Metals is operating at the current time. Most of Zonte Metals' value examination focuses on studying past and present price action to predict the probability of Zonte Metals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Zonte Metals' price. Additionally, you may evaluate how the addition of Zonte Metals to your portfolios can decrease your overall portfolio volatility.