IZ Stock | | | CAD 0.03 0.01 25.00% |
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 Ev To Sales 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.
Ev To Sales vs Average Payables
Ev To Sales vs Average Payables Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
International Zeolite Ev To Sales account and
Average Payables. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between International Zeolite's Ev To Sales and Average Payables is -0.68. Overlapping area represents the amount of variation of Ev To Sales 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 Ev To Sales 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 Ev To Sales 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 Ev To Sales i.e., International Zeolite's Ev To Sales and Average Payables go up and down completely randomly.
Correlation Coefficient | -0.68 |
Relationship Direction | Negative |
Relationship Strength | Weak |
Ev To Sales
The Enterprise Value to Sales ratio, a valuation metric used to compare the value of a company, including debt and excluding cash, to its sales revenue.
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.
International Zeolite fundamental ratios Correlations
Click cells to compare fundamentals
International Zeolite Account Relationship Matchups
High Positive Relationship
High Negative Relationship
International Zeolite fundamental ratios Accounts
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