Fireweed Common Stock vs Accounts Payable Analysis

FWZ Stock

CAD 1.39 0.07 5.30%

Fireweed Zinc financial indicator trend analysis is much more than just examining Fireweed Zinc latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Fireweed Zinc is a good investment. Please check the relationship between Fireweed Zinc Common Stock and its Accounts Payable accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Fireweed Zinc. 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.

Common Stock vs Accounts Payable

Common Stock vs Accounts Payable Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Fireweed Zinc Common Stock account and Accounts Payable. At this time, the significance of the direction appears to have almost identical trend.

The correlation between Fireweed Zinc's Common Stock and Accounts Payable is 0.94. Overlapping area represents the amount of variation of Common Stock that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of Fireweed Zinc, assuming nothing else is changed. The correlation between historical values of Fireweed Zinc's Common Stock and Accounts Payable is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock of Fireweed Zinc are associated (or correlated) with its Accounts Payable. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accounts Payable has no effect on the direction of Common Stock i.e., Fireweed Zinc's Common Stock and Accounts Payable go up and down completely randomly.

Correlation Coefficient

0.94

Relationship Direction	Positive
Relationship Strength	Very Strong

View All Relationships

Common Stock

Accounts Payable

An accounting item on the balance sheet that represents Fireweed Zinc obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Fireweed Zinc are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.

Most indicators from Fireweed Zinc's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Fireweed Zinc 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Fireweed Zinc. 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.

At this time, Fireweed Zinc's Issuance Of Capital Stock is fairly stable compared to the past year. Enterprise Value is likely to climb to about 153.8 M in 2024, whereas Selling General Administrative is likely to drop slightly above 2.1 M in 2024.

	2021	2022	2023	2024 (projected)
Total Operating Expenses	9.6M	16.7M	40.9M	42.9M
Cost Of Revenue	42.7K	40.5K	460.8K	483.9K

Total Operating Expenses Cost Of Revenue

Fireweed Zinc fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Net Tangible Assets	Retained Earnings	Net Receivables	Common Stock Shares Outstanding	Other Current Assets	Total Liab	Total Current Assets	Common Stock	Property Plant And Equipment Net	Net Debt	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Other Stockholder Equity	Property Plant Equipment	Short Long Term Debt Total	Current Deferred Revenue	Accounts Payable	Long Term Debt	Net Invested Capital	Short Long Term Debt
Total Assets		0.44	0.55	1.0	0.84	-0.74	0.61	0.74	0.76	0.81	0.87	0.85	0.58	-0.87	0.88	0.82	0.43	0.88	0.5	0.8	0.42	-0.84	0.66	0.86	0.99	0.87
Other Current Liab	0.44		0.99	0.41	0.6	-0.88	0.64	0.89	0.83	0.86	0.52	0.81	-0.16	-0.47	0.37	0.43	1.0	0.37	0.36	0.38	1.0	-0.36	0.94	0.42	0.46	0.53
Total Current Liabilities	0.55	0.99		0.52	0.68	-0.93	0.71	0.94	0.88	0.92	0.63	0.88	-0.09	-0.58	0.49	0.49	0.98	0.49	0.4	0.46	0.98	-0.46	0.98	0.51	0.57	0.61
Total Stockholder Equity	1.0	0.41	0.52		0.84	-0.71	0.6	0.72	0.75	0.79	0.86	0.83	0.61	-0.86	0.87	0.83	0.4	0.87	0.5	0.81	0.39	-0.85	0.63	0.87	0.99	0.87
Net Tangible Assets	0.84	0.6	0.68	0.84		-0.81	0.83	0.82	0.92	0.81	0.69	0.87	0.56	-0.66	0.61	0.85	0.58	0.61	0.55	0.94	0.59	-0.92	0.75	0.92	0.83	0.94
Retained Earnings	-0.74	-0.88	-0.93	-0.71	-0.81		-0.86	-0.99	-0.91	-0.96	-0.79	-0.98	-0.07	0.76	-0.69	-0.58	-0.86	-0.69	-0.48	-0.6	-0.87	0.64	-0.97	-0.68	-0.75	-0.75
Net Receivables	0.61	0.64	0.71	0.6	0.83	-0.86		0.83	0.85	0.74	0.58	0.83	0.23	-0.54	0.49	0.58	0.62	0.49	0.54	0.68	0.63	-0.74	0.76	0.75	0.6	0.79
Common Stock Shares Outstanding	0.74	0.89	0.94	0.72	0.82	-0.99	0.83		0.93	0.98	0.79	0.98	0.11	-0.75	0.67	0.62	0.88	0.67	0.45	0.61	0.88	-0.66	0.98	0.69	0.76	0.76
Other Current Assets	0.76	0.83	0.88	0.75	0.92	-0.91	0.85	0.93		0.91	0.67	0.93	0.35	-0.63	0.55	0.79	0.82	0.55	0.6	0.78	0.82	-0.79	0.9	0.81	0.76	0.87
Total Liab	0.81	0.86	0.92	0.79	0.81	-0.96	0.74	0.98	0.91		0.86	0.98	0.14	-0.83	0.76	0.63	0.85	0.76	0.47	0.6	0.84	-0.63	0.97	0.67	0.83	0.74
Total Current Assets	0.87	0.52	0.63	0.86	0.69	-0.79	0.58	0.79	0.67	0.86		0.87	0.18	-1.0	0.97	0.48	0.52	0.97	0.42	0.52	0.49	-0.57	0.76	0.58	0.9	0.6
Common Stock	0.85	0.81	0.88	0.83	0.87	-0.98	0.83	0.98	0.93	0.98	0.87		0.24	-0.84	0.77	0.69	0.79	0.77	0.51	0.69	0.79	-0.74	0.94	0.77	0.86	0.82
Property Plant And Equipment Net	0.58	-0.16	-0.09	0.61	0.56	-0.07	0.23	0.11	0.35	0.14	0.18	0.24		-0.18	0.21	0.81	-0.19	0.21	0.29	0.73	-0.17	-0.79	-0.04	0.74	0.56	0.67
Net Debt	-0.87	-0.47	-0.58	-0.86	-0.66	0.76	-0.54	-0.75	-0.63	-0.83	-1.0	-0.84	-0.18		-0.98	-0.46	-0.47	-0.98	-0.41	-0.5	-0.44	0.55	-0.72	-0.56	-0.89	-0.59
Cash	0.88	0.37	0.49	0.87	0.61	-0.69	0.49	0.67	0.55	0.76	0.97	0.77	0.21	-0.98		0.44	0.37	1.0	0.39	0.5	0.34	-0.53	0.64	0.56	0.89	0.57
Non Current Assets Total	0.82	0.43	0.49	0.83	0.85	-0.58	0.58	0.62	0.79	0.63	0.48	0.69	0.81	-0.46	0.44		0.4	0.44	0.46	0.9	0.43	-0.93	0.51	0.94	0.8	0.94
Non Currrent Assets Other	0.43	1.0	0.98	0.4	0.58	-0.86	0.62	0.88	0.82	0.85	0.52	0.79	-0.19	-0.47	0.37	0.4		0.37	0.41	0.35	0.99	-0.33	0.93	0.39	0.45	0.5
Cash And Short Term Investments	0.88	0.37	0.49	0.87	0.61	-0.69	0.49	0.67	0.55	0.76	0.97	0.77	0.21	-0.98	1.0	0.44	0.37		0.39	0.5	0.34	-0.53	0.64	0.56	0.89	0.57
Other Stockholder Equity	0.5	0.36	0.4	0.5	0.55	-0.48	0.54	0.45	0.6	0.47	0.42	0.51	0.29	-0.41	0.39	0.46	0.41	0.39		0.49	0.32	-0.45	0.42	0.46	0.44	0.48
Property Plant Equipment	0.8	0.38	0.46	0.81	0.94	-0.6	0.68	0.61	0.78	0.6	0.52	0.69	0.73	-0.5	0.5	0.9	0.35	0.5	0.49		0.37	-0.94	0.51	0.94	0.77	0.93
Short Long Term Debt Total	0.42	1.0	0.98	0.39	0.59	-0.87	0.63	0.88	0.82	0.84	0.49	0.79	-0.17	-0.44	0.34	0.43	0.99	0.34	0.32	0.37		-0.36	0.93	0.42	0.44	0.53
Current Deferred Revenue	-0.84	-0.36	-0.46	-0.85	-0.92	0.64	-0.74	-0.66	-0.79	-0.63	-0.57	-0.74	-0.79	0.55	-0.53	-0.93	-0.33	-0.53	-0.45	-0.94	-0.36		-0.52	-0.99	-0.83	-0.97
Accounts Payable	0.66	0.94	0.98	0.63	0.75	-0.97	0.76	0.98	0.9	0.97	0.76	0.94	-0.04	-0.72	0.64	0.51	0.93	0.64	0.42	0.51	0.93	-0.52		0.57	0.68	0.66
Long Term Debt	0.86	0.42	0.51	0.87	0.92	-0.68	0.75	0.69	0.81	0.67	0.58	0.77	0.74	-0.56	0.56	0.94	0.39	0.56	0.46	0.94	0.42	-0.99	0.57		0.84	0.99
Net Invested Capital	0.99	0.46	0.57	0.99	0.83	-0.75	0.6	0.76	0.76	0.83	0.9	0.86	0.56	-0.89	0.89	0.8	0.45	0.89	0.44	0.77	0.44	-0.83	0.68	0.84		0.84
Short Long Term Debt	0.87	0.53	0.61	0.87	0.94	-0.75	0.79	0.76	0.87	0.74	0.6	0.82	0.67	-0.59	0.57	0.94	0.5	0.57	0.48	0.93	0.53	-0.97	0.66	0.99	0.84

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Fireweed Zinc Account Relationship Matchups

Fireweed Zinc fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	25.5M	14.2M	21.0M	54.6M	39.5M	22.1M
Other Current Liab	124.7K	15.0K	196.0K	369.1K	5.5M	5.7M
Total Current Liabilities	288.8K	229.9K	870.2K	1.4M	5.9M	6.2M
Total Stockholder Equity	24.0M	13.7M	18.7M	49.2M	32.6M	19.9M
Net Tangible Assets	20.5M	9.4M	13.7M	18.7M	21.6M	22.6M
Retained Earnings	(4.5M)	(24.8M)	(33.7M)	(47.2M)	(80.5M)	(76.5M)
Net Receivables	30.1K	233.5K	340.8K	140.1K	283.0K	297.2K
Common Stock Shares Outstanding	35.9M	45.8M	63.7M	88.3M	138.6M	145.5M
Liabilities And Stockholders Equity	25.5M	14.2M	21.0M	54.6M	39.5M	22.1M
Other Current Assets	151.2K	110.1K	213.7K	174.1K	358.1K	376.0K
Total Liab	1.4M	506.4K	2.3M	5.5M	6.9M	7.2M
Total Current Assets	965.1K	2.6M	8.7M	40.2M	19.9M	20.9M
Common Stock	26.9M	36.5M	50.0M	93.4M	108.0M	113.4M
Property Plant And Equipment Net	24.5M	11.6M	12.3M	12.9M	2.2M	2.1M
Net Debt	(783.8K)	(2.2M)	(8.1M)	(39.8M)	(18.5M)	(17.5M)
Cash	783.8K	2.3M	8.2M	39.9M	19.2M	10.1M
Non Current Assets Total	24.5M	11.6M	12.3M	14.4M	19.6M	14.4M
Cash And Short Term Investments	783.8K	2.3M	8.2M	39.9M	19.2M	10.1M
Non Current Liabilities Total	1.1M	276.6K	1.4M	4.0M	1.0M	1.2M
Other Stockholder Equity	1.4M	1.7M	2.0M	2.4M	2.8M	2.3M
Accumulated Other Comprehensive Income	1.7M	2.0M	2.4M	3.0M	5.0M	5.3M
Property Plant Equipment	19.7M	9.0M	11.6M	12.3M	14.1M	10.2M
Accounts Payable	164.1K	214.8K	674.2K	1.0M	1.9M	2.0M
Net Invested Capital	24.0M	13.8M	18.8M	49.2M	32.6M	25.6M
Net Working Capital	676.3K	2.4M	7.9M	38.8M	14.0M	10.4M
Capital Stock	26.9M	36.5M	50.0M	93.4M	108.0M	61.8M

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