ZincX Resources Financials
| ZNX Stock | CAD 0.08 0.01 11.11% |
Short Ratio 0.01 | Return On Equity (0.04) |
ZincX | Select Account or Indicator |
Understanding current and past ZincX Resources Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of ZincX Resources' financial statements are interrelated, with each one affecting the others. For example, an increase in ZincX Resources' assets may result in an increase in income on the income statement.
Please note, the imprecision that can be found in ZincX Resources' accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of ZincX Resources Corp. Check ZincX Resources' Beneish M Score to see the likelihood of ZincX Resources' management manipulating its earnings.
ZincX Resources Stock Summary
ZincX Resources competes with Kiplin Metals, Pure Energy, and Noram Lithium. ZincX Resources Corp. explores for and evaluates mineral resource properties in Canada. ZincX Resources Corp. was incorporated in 1988 and is headquartered in Vancouver, Canada. ZINCX RESOURCES operates under Industrial Metals Minerals classification in Canada and is traded on TSX Venture Exchange.Specialization | Basic Materials, Other Industrial Metals & Mining |
| Instrument | Canada Stock View All |
| Exchange | TSX Venture Exchange |
| ISIN | CA98959V1067 |
| Business Address | Royal Centre, Vancouver, |
| Sector | Metals & Mining |
| Industry | Materials |
| Benchmark | Dow Jones Industrial |
| Website | www.zincxresources.com |
| Phone | 604 684 2181 |
| Currency | CAD - Canadian Dollar |
You should never invest in ZincX Resources without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of ZincX Stock, because this is throwing your money away. Analyzing the key information contained in ZincX Resources' financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
ZincX Resources Key Financial Ratios
There are many critical financial ratios that ZincX Resources' investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that ZincX Resources Corp reports annually and quarterly.| EBITDA | (948.81 K) | ||||
| Net Income | (564.66 K) | ||||
| Total Asset | 26.1 M | ||||
| Retained Earnings | (94.85 M) |
ZincX Resources Key Balance Sheet Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Other Current Liab | 621.8K | 1.4M | 2.0M | 1.4M | 1.6M | 1.1M | |
| Other Liab | 1.6M | 1.8M | 1.8M | 1.8M | 1.6M | 1.4M | |
| Net Tangible Assets | 76.5M | 75.7M | 76.4M | 75.5M | 68.0M | 61.0M | |
| Retained Earnings | (41.3M) | (42.1M) | (42.9M) | (94.9M) | (85.4M) | (81.1M) | |
| Accounts Payable | 25.0K | 24.4K | 10.0K | 11.5K | 10.3K | 9.8K | |
| Net Receivables | 32.8K | 8.7K | 51.4K | 9.2K | 8.3K | 7.9K | |
| Total Current Assets | 2.7M | 3.2M | 875.5K | 1.3M | 1.2M | 1.1M | |
| Common Stock | 101.8M | 101.9M | 103.3M | 103.3M | 118.8M | 111.5M | |
| Total Assets | 79.0M | 80.3M | 78.8M | 26.1M | 23.5M | 22.3M | |
| Cash | 208.9K | 3.1M | 804.8K | 1.3M | 1.1M | 1.3M | |
| Total Liab | 3.4M | 3.9M | 3.3M | 1.5M | 1.7M | 3.0M | |
| Net Invested Capital | 75.7M | 76.4M | 75.6M | 24.6M | 22.2M | 21.1M | |
| Net Working Capital | 1.2M | 1.1M | (589.1K) | (158.2K) | (142.4K) | (135.3K) |
ZincX Resources Key Cash Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Capital Expenditures | 1.3M | 244.2K | 1.4M | 3.0K | 2.7K | 2.6K | |
| End Period Cash Flow | 208.9K | 3.1M | 804.8K | 1.3M | 1.1M | 1.4M | |
| Change To Netincome | (63.1K) | 160.5K | (141.2K) | (15.5K) | (13.9K) | (13.2K) | |
| Investments | 133.6K | 2.6M | (1.4M) | (3.0K) | (2.7K) | (2.6K) | |
| Change In Cash | (593.7K) | 2.9M | (2.3M) | 450.2K | 517.7K | 543.6K | |
| Free Cash Flow | (822.3K) | (1.1M) | (2.2M) | (549.8K) | (632.3K) | (663.9K) | |
| Depreciation | 86.2K | 87.5K | 37.1K | 32.7K | 37.6K | 39.7K | |
| Other Non Cash Items | (37.9K) | (20.6K) | 4.5K | (34.1K) | (39.2K) | (41.2K) | |
| Net Income | (1.2M) | (733.6K) | (844.0K) | (564.7K) | (649.4K) | (681.8K) |
ZincX Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining ZincX Resources's current stock value. Our valuation model uses many indicators to compare ZincX Resources value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across ZincX Resources competition to find correlations between indicators driving ZincX Resources's intrinsic value. More Info.ZincX Resources Corp is rated second in return on equity category among its peers. It is rated second in return on asset category among its peers . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the ZincX Resources' earnings, one of the primary drivers of an investment's value.ZincX Resources Corp Systematic Risk
ZincX Resources' systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. ZincX Resources volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was ten with a total number of output elements of fifty-one. The Beta measures systematic risk based on how returns on ZincX Resources Corp correlated with the market. If Beta is less than 0 ZincX Resources generally moves in the opposite direction as compared to the market. If ZincX Resources Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one ZincX Resources Corp is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of ZincX Resources is generally in the same direction as the market. If Beta > 1 ZincX Resources moves generally in the same direction as, but more than the movement of the benchmark.
ZincX Resources Corp Other Current Liab Over Time
ZincX Resources November 30, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of ZincX Resources help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of ZincX Resources Corp. We use our internally-developed statistical techniques to arrive at the intrinsic value of ZincX Resources Corp based on widely used predictive technical indicators. In general, we focus on analyzing ZincX Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build ZincX Resources's daily price indicators and compare them against related drivers.
| Information Ratio | (0.06) | |||
| Maximum Drawdown | 23.61 | |||
| Value At Risk | (10.00) | |||
| Potential Upside | 11.11 |
Additional Tools for ZincX Stock Analysis
When running ZincX Resources' price analysis, check to measure ZincX Resources' 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 ZincX Resources is operating at the current time. Most of ZincX Resources' value examination focuses on studying past and present price action to predict the probability of ZincX Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ZincX Resources' price. Additionally, you may evaluate how the addition of ZincX Resources to your portfolios can decrease your overall portfolio volatility.