ZKIN Cash Flow To Debt Ratio from 2010 to 2024
| ZKIN Stock | USD 0.54 0.03 5.88% |
Cash Flow To Debt Ratio | First Reported 2010-12-31 | Previous Quarter (0.17) | Current Value (0.17) | Quarterly Volatility 0.19311291 |
Check ZK International financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among ZK International's main balance sheet or income statement drivers, such as Interest Income of 31.4 K, Discontinued Operations of 0.0 or Depreciation And Amortization of 1 M, as well as many indicators such as Price To Sales Ratio of 0.22, Dividend Yield of 0.0 or PTB Ratio of 0.97. ZKIN financial statements analysis is a perfect complement when working with ZK International Valuation or Volatility modules.
ZKIN | Cash Flow To Debt Ratio |
Latest ZK International's Cash Flow To Debt Ratio Growth Pattern
Below is the plot of the Cash Flow To Debt Ratio of ZK International Group over the last few years. It is ZK International's Cash Flow To Debt Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in ZK International's overall financial position and show how it may be relating to other accounts over time.
| Cash Flow To Debt Ratio | 10 Years Trend |
|
Cash Flow To Debt Ratio |
| Timeline |
ZKIN Cash Flow To Debt Ratio Regression Statistics
| Arithmetic Mean | (0.09) | |
| Geometric Mean | 0.11 | |
| Coefficient Of Variation | (227.11) | |
| Mean Deviation | 0.11 | |
| Median | (0.10) | |
| Standard Deviation | 0.19 | |
| Sample Variance | 0.04 | |
| Range | 0.9635 | |
| R-Value | (0.19) | |
| Mean Square Error | 0.04 | |
| R-Squared | 0.04 | |
| Significance | 0.49 | |
| Slope | (0.01) | |
| Total Sum of Squares | 0.52 |
ZKIN Cash Flow To Debt Ratio History
About ZK International Financial Statements
ZK International investors utilize fundamental indicators, such as Cash Flow To Debt Ratio, to predict how ZKIN Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
| Last Reported | Projected for Next Year | ||
| Cash Flow To Debt Ratio | (0.15) | (0.17) |
Pair Trading with ZK International
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if ZK International position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in ZK International will appreciate offsetting losses from the drop in the long position's value.Moving against ZKIN Stock
| 0.78 | HLP | Hongli Group Ordinary | PairCorr |
| 0.6 | GURE | Gulf Resources | PairCorr |
| 0.4 | PFH | Prudential Financial 4125 | PairCorr |
| 0.38 | PKX | POSCO Holdings | PairCorr |
| 0.32 | BAK | Braskem SA Class | PairCorr |
The ability to find closely correlated positions to ZK International could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace ZK International when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back ZK International - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling ZK International Group to buy it.
The correlation of ZK International is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as ZK International moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if ZK International moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for ZK International can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out the analysis of ZK International Correlation against competitors. You can also try the CEOs Directory module to screen CEOs from public companies around the world.
Is Metals & Mining space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of ZK International. If investors know ZKIN will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about ZK International listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.98) | Earnings Share (1.95) | Revenue Per Share 3.592 | Quarterly Revenue Growth 0.065 | Return On Assets (0.05) |
The market value of ZK International is measured differently than its book value, which is the value of ZKIN that is recorded on the company's balance sheet. Investors also form their own opinion of ZK International's value that differs from its market value or its book value, called intrinsic value, which is ZK International's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because ZK International's market value can be influenced by many factors that don't directly affect ZK International's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between ZK International's value and its price as these two are different measures arrived at by different means. Investors typically determine if ZK International is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ZK International's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.