International Capex To Depreciation vs Average Payables Analysis

IZ Stock

CAD 0.02 0.01 20.00%

International Zeolite financial indicator trend analysis is infinitely more than just investigating International Zeolite recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether International Zeolite is a good investment. Please check the relationship between International Zeolite Capex To Depreciation and its Average Payables accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in International Zeolite Corp. 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.

Capex To Depreciation vs Average Payables

Capex To Depreciation vs Average Payables Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of International Zeolite Capex To Depreciation account and Average Payables. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between International Zeolite's Capex To Depreciation and Average Payables is -0.32. Overlapping area represents the amount of variation of Capex To Depreciation that can explain the historical movement of Average Payables in the same time period over historical financial statements of International Zeolite Corp, assuming nothing else is changed. The correlation between historical values of International Zeolite's Capex To Depreciation and Average Payables is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Capex To Depreciation of International Zeolite Corp are associated (or correlated) with its Average Payables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Average Payables has no effect on the direction of Capex To Depreciation i.e., International Zeolite's Capex To Depreciation and Average Payables go up and down completely randomly.

Correlation Coefficient

-0.32

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Capex To Depreciation

The ratio of a company's capital expenditures to its depreciation expenses, indicating how much the company is investing in physical assets relative to the aging of existing assets.

Average Payables

The average amount owed to suppliers and creditors over a specific period, reflecting the company's payment cycle and credit terms with suppliers.

Most indicators from International Zeolite's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into International Zeolite 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 Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in International Zeolite Corp. 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.

Enterprise Value is likely to climb to about 3.3 M in 2024, whereas Selling General Administrative is likely to drop slightly above 716 K in 2024.

	2023	2024 (projected)
Interest Expense	102.1K	107.2K
Depreciation And Amortization	75.6K	71.9K

Interest Expense Depreciation And Amortization

International Zeolite fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Inventory	Other Stockholder Equity	Total Liab	Total Current Assets	Property Plant And Equipment Net	Non Currrent Assets Other	Non Current Liabilities Total	Short Long Term Debt Total	Other Current Assets	Short Term Debt	Current Deferred Revenue	Common Stock	Net Tangible Assets	Other Assets
Total Assets		-0.44	-0.48	0.8	-0.31	0.31	-0.34	0.14	0.92	0.14	0.46	-0.05	-0.47	0.18	-0.33	0.34	0.12	0.72	-0.57	-0.26	0.72	-0.42	0.42	0.06	0.16	0.24
Other Current Liab	-0.44		0.93	-0.71	0.65	-0.32	0.62	-0.17	-0.36	-0.17	0.09	0.35	-0.04	0.12	0.76	-0.17	0.19	-0.17	0.38	0.62	-0.35	0.22	-0.26	0.25	-0.67	-0.73
Total Current Liabilities	-0.48	0.93		-0.8	0.77	-0.47	0.64	-0.24	-0.42	-0.24	0.17	0.5	0.12	0.14	0.85	-0.15	-0.06	-0.16	0.28	0.72	-0.44	0.34	-0.31	0.4	-0.71	-0.8
Total Stockholder Equity	0.8	-0.71	-0.8		-0.75	0.71	-0.62	0.1	0.79	0.1	0.14	-0.56	-0.37	0.07	-0.82	0.09	0.24	0.56	-0.66	-0.75	0.61	-0.58	0.67	-0.46	0.57	0.66
Net Debt	-0.31	0.65	0.77	-0.75		-0.71	0.67	-0.32	-0.26	-0.32	0.25	0.8	0.2	-0.15	0.93	-0.08	-0.06	-0.18	0.5	0.94	-0.41	0.43	-0.6	0.7	-0.76	-0.86
Retained Earnings	0.31	-0.32	-0.47	0.71	-0.71		-0.48	-0.18	0.47	-0.18	0.13	-0.91	-0.54	0.16	-0.75	-0.37	0.34	0.54	-0.51	-0.81	0.2	-0.75	0.87	-0.86	0.41	0.47
Accounts Payable	-0.34	0.62	0.64	-0.62	0.67	-0.48		-0.27	-0.27	-0.27	0.0	0.48	0.06	-0.26	0.65	-0.18	-0.09	-0.24	0.35	0.61	-0.27	0.26	-0.48	0.4	-0.63	-0.5
Cash	0.14	-0.17	-0.24	0.1	-0.32	-0.18	-0.27		-0.22	1.0	0.05	0.17	-0.01	0.22	-0.03	0.88	-0.23	-0.17	0.13	0.03	0.42	0.33	-0.02	0.18	0.55	0.14
Non Current Assets Total	0.92	-0.36	-0.42	0.79	-0.26	0.47	-0.27	-0.22		-0.22	0.4	-0.21	-0.52	0.11	-0.38	-0.04	0.27	0.77	-0.59	-0.34	0.55	-0.63	0.48	-0.13	-0.01	0.25
Cash And Short Term Investments	0.14	-0.17	-0.24	0.1	-0.32	-0.18	-0.27	1.0	-0.22		0.05	0.17	-0.01	0.22	-0.03	0.88	-0.23	-0.17	0.13	0.03	0.42	0.33	-0.02	0.18	0.55	0.14
Net Receivables	0.46	0.09	0.17	0.14	0.25	0.13	0.0	0.05	0.4	0.05		0.16	-0.56	0.24	0.27	0.29	-0.04	0.76	-0.26	0.29	0.15	-0.1	0.43	0.2	-0.15	-0.56
Common Stock Shares Outstanding	-0.05	0.35	0.5	-0.56	0.8	-0.91	0.48	0.17	-0.21	0.17	0.16		0.37	-0.07	0.82	0.45	-0.3	-0.28	0.4	0.9	-0.04	0.63	-0.71	0.94	-0.45	-0.61
Inventory	-0.47	-0.04	0.12	-0.37	0.2	-0.54	0.06	-0.01	-0.52	-0.01	-0.56	0.37		-0.29	0.12	0.05	-0.1	-0.76	0.12	0.2	-0.35	0.66	-0.51	0.32	0.12	0.04
Other Stockholder Equity	0.18	0.12	0.14	0.07	-0.15	0.16	-0.26	0.22	0.11	0.22	0.24	-0.07	-0.29		0.06	0.21	-0.25	0.34	-0.16	-0.08	0.08	-0.32	0.24	-0.05	-0.09	-0.06
Total Liab	-0.33	0.76	0.85	-0.82	0.93	-0.75	0.65	-0.03	-0.38	-0.03	0.27	0.82	0.12	0.06		0.15	-0.2	-0.2	0.53	0.96	-0.31	0.5	-0.58	0.73	-0.7	-0.88
Total Current Assets	0.34	-0.17	-0.15	0.09	-0.08	-0.37	-0.18	0.88	-0.04	0.88	0.29	0.45	0.05	0.21	0.15		-0.34	0.02	0.0	0.25	0.5	0.49	-0.07	0.52	0.38	-0.06
Property Plant And Equipment Net	0.12	0.19	-0.06	0.24	-0.06	0.34	-0.09	-0.23	0.27	-0.23	-0.04	-0.3	-0.1	-0.25	-0.2	-0.34		0.0	0.03	-0.15	-0.17	-0.25	0.17	-0.37	-0.06	-0.05
Non Currrent Assets Other	0.72	-0.17	-0.16	0.56	-0.18	0.54	-0.24	-0.17	0.77	-0.17	0.76	-0.28	-0.76	0.34	-0.2	0.02	0.0		-0.56	-0.23	0.44	-0.54	0.7	-0.15	-0.04	-0.07
Non Current Liabilities Total	-0.57	0.38	0.28	-0.66	0.5	-0.51	0.35	0.13	-0.59	0.13	-0.26	0.4	0.12	-0.16	0.53	0.0	0.03	-0.56		0.56	-0.36	0.34	-0.7	0.3	-0.3	-0.39
Short Long Term Debt Total	-0.26	0.62	0.72	-0.75	0.94	-0.81	0.61	0.03	-0.34	0.03	0.29	0.9	0.2	-0.08	0.96	0.25	-0.15	-0.23	0.56		-0.27	0.58	-0.63	0.81	-0.61	-0.86
Other Current Assets	0.72	-0.35	-0.44	0.61	-0.41	0.2	-0.27	0.42	0.55	0.42	0.15	-0.04	-0.35	0.08	-0.31	0.5	-0.17	0.44	-0.36	-0.27		-0.15	0.36	0.06	0.43	0.35
Short Term Debt	-0.42	0.22	0.34	-0.58	0.43	-0.75	0.26	0.33	-0.63	0.33	-0.1	0.63	0.66	-0.32	0.5	0.49	-0.25	-0.54	0.34	0.58	-0.15		-0.5	0.68	0.03	-0.39
Current Deferred Revenue	0.42	-0.26	-0.31	0.67	-0.6	0.87	-0.48	-0.02	0.48	-0.02	0.43	-0.71	-0.51	0.24	-0.58	-0.07	0.17	0.7	-0.7	-0.63	0.36	-0.5		-0.64	0.48	0.25
Common Stock	0.06	0.25	0.4	-0.46	0.7	-0.86	0.4	0.18	-0.13	0.18	0.2	0.94	0.32	-0.05	0.73	0.52	-0.37	-0.15	0.3	0.81	0.06	0.68	-0.64		-0.41	-0.53
Net Tangible Assets	0.16	-0.67	-0.71	0.57	-0.76	0.41	-0.63	0.55	-0.01	0.55	-0.15	-0.45	0.12	-0.09	-0.7	0.38	-0.06	-0.04	-0.3	-0.61	0.43	0.03	0.48	-0.41		0.62
Other Assets	0.24	-0.73	-0.8	0.66	-0.86	0.47	-0.5	0.14	0.25	0.14	-0.56	-0.61	0.04	-0.06	-0.88	-0.06	-0.05	-0.07	-0.39	-0.86	0.35	-0.39	0.25	-0.53	0.62

Click cells to compare fundamentals

International Zeolite Account Relationship Matchups

International Zeolite fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	1.3M	1.3M	1.5M	939.2K	845.3K	911.2K
Other Current Liab	43.8K	276.6K	829.3K	962.0K	1.1M	1.2M
Total Current Liabilities	207.8K	455.0K	1.4M	1.8M	2.0M	2.1M
Total Stockholder Equity	90.7K	(279.3K)	(563.9K)	(1.7M)	(1.6M)	(1.5M)
Net Debt	950.3K	996.6K	843.5K	1.6M	1.8M	1.9M
Retained Earnings	(16.9M)	(17.7M)	(18.5M)	(20.2M)	(18.2M)	(17.3M)
Accounts Payable	164.0K	178.4K	442.2K	316.6K	364.1K	382.3K
Cash	36.5K	70.3K	283.5K	112.5K	129.3K	202.7K
Non Current Assets Total	1.0M	1.0M	1.0M	547.8K	493.0K	685.3K
Cash And Short Term Investments	36.5K	70.3K	283.5K	112.5K	129.3K	202.7K
Net Receivables	24.6K	1.8K	22.2K	131.9K	118.7K	124.6K
Liabilities And Stockholders Equity	1.3M	1.3M	1.5M	939.2K	845.3K	911.2K
Inventory	195.0K	140.0K	127.9K	141.4K	162.7K	133.2K
Other Stockholder Equity	2.6M	2.7M	2.9M	3.2M	2.9M	4.3M
Total Liab	1.2M	1.5M	2.0M	2.7M	3.1M	3.2M
Total Current Assets	257.5K	214.2K	438.0K	391.4K	450.2K	310.6K
Property Plant And Equipment Net	282.9K	283.5K	281.5K	425.7K	383.1K	456.0K
Non Current Liabilities Total	1.0M	1.1M	693.1K	900.5K	1.0M	1.1M
Short Long Term Debt Total	986.8K	1.1M	1.1M	1.7M	1.9M	2.0M
Other Current Assets	1.3K	2.1K	4.3K	(1.0)	(0.9)	(0.85)
Net Tangible Assets	(442.1K)	(652.0K)	(1.0M)	(1.2M)	(1.1M)	(1.1M)
Property Plant Equipment	287.0K	282.9K	283.5K	281.5K	323.7K	296.9K
Net Invested Capital	1.1M	787.6K	635.1K	(249.3K)	(224.4K)	(213.1K)
Net Working Capital	49.7K	(240.8K)	(857.2K)	(1.4M)	(1.2M)	(1.2M)

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.

Explore Investing Ideas

Additional Tools for International Stock Analysis

When running International Zeolite's price analysis, check to measure International Zeolite's 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 International Zeolite is operating at the current time. Most of International Zeolite's value examination focuses on studying past and present price action to predict the probability of International Zeolite's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move International Zeolite's price. Additionally, you may evaluate how the addition of International Zeolite to your portfolios can decrease your overall portfolio volatility.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC