International Other Current Liab vs Inventory Analysis

IZ Stock  CAD 0.03  0.00  0.00%   
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 Other Current Liab and its Inventory 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.

Other Current Liab vs Inventory

Other Current Liab vs Inventory Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of International Zeolite Other Current Liab account and Inventory. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between International Zeolite's Other Current Liab and Inventory is -0.04. Overlapping area represents the amount of variation of Other Current Liab that can explain the historical movement of Inventory 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 Other Current Liab and Inventory is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Current Liab of International Zeolite Corp are associated (or correlated) with its Inventory. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Inventory has no effect on the direction of Other Current Liab i.e., International Zeolite's Other Current Liab and Inventory go up and down completely randomly.

Correlation Coefficient

-0.04
Relationship DirectionNegative 
Relationship StrengthInsignificant

Other Current Liab

Inventory

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 Expense102.1K107.2K
Depreciation And Amortization75.6K71.9K

International Zeolite fundamental ratios Correlations

-0.44-0.480.8-0.310.31-0.340.140.920.140.46-0.05-0.470.18-0.330.340.120.72-0.57-0.260.72-0.420.420.060.160.24
-0.440.93-0.710.65-0.320.62-0.17-0.36-0.170.090.35-0.040.120.76-0.170.19-0.170.380.62-0.350.22-0.260.25-0.67-0.73
-0.480.93-0.80.77-0.470.64-0.24-0.42-0.240.170.50.120.140.85-0.15-0.06-0.160.280.72-0.440.34-0.310.4-0.71-0.8
0.8-0.71-0.8-0.750.71-0.620.10.790.10.14-0.56-0.370.07-0.820.090.240.56-0.66-0.750.61-0.580.67-0.460.570.66
-0.310.650.77-0.75-0.710.67-0.32-0.26-0.320.250.80.2-0.150.93-0.08-0.06-0.180.50.94-0.410.43-0.60.7-0.76-0.86
0.31-0.32-0.470.71-0.71-0.48-0.180.47-0.180.13-0.91-0.540.16-0.75-0.370.340.54-0.51-0.810.2-0.750.87-0.860.410.47
-0.340.620.64-0.620.67-0.48-0.27-0.27-0.270.00.480.06-0.260.65-0.18-0.09-0.240.350.61-0.270.26-0.480.4-0.63-0.5
0.14-0.17-0.240.1-0.32-0.18-0.27-0.221.00.050.17-0.010.22-0.030.88-0.23-0.170.130.030.420.33-0.020.180.550.14
0.92-0.36-0.420.79-0.260.47-0.27-0.22-0.220.4-0.21-0.520.11-0.38-0.040.270.77-0.59-0.340.55-0.630.48-0.13-0.010.25
0.14-0.17-0.240.1-0.32-0.18-0.271.0-0.220.050.17-0.010.22-0.030.88-0.23-0.170.130.030.420.33-0.020.180.550.14
0.460.090.170.140.250.130.00.050.40.050.16-0.560.240.270.29-0.040.76-0.260.290.15-0.10.430.2-0.15-0.56
-0.050.350.5-0.560.8-0.910.480.17-0.210.170.160.37-0.070.820.45-0.3-0.280.40.9-0.040.63-0.710.94-0.45-0.61
-0.47-0.040.12-0.370.2-0.540.06-0.01-0.52-0.01-0.560.37-0.290.120.05-0.1-0.760.120.2-0.350.66-0.510.320.120.04
0.180.120.140.07-0.150.16-0.260.220.110.220.24-0.07-0.290.060.21-0.250.34-0.16-0.080.08-0.320.24-0.05-0.09-0.06
-0.330.760.85-0.820.93-0.750.65-0.03-0.38-0.030.270.820.120.060.15-0.2-0.20.530.96-0.310.5-0.580.73-0.7-0.88
0.34-0.17-0.150.09-0.08-0.37-0.180.88-0.040.880.290.450.050.210.15-0.340.020.00.250.50.49-0.070.520.38-0.06
0.120.19-0.060.24-0.060.34-0.09-0.230.27-0.23-0.04-0.3-0.1-0.25-0.2-0.340.00.03-0.15-0.17-0.250.17-0.37-0.06-0.05
0.72-0.17-0.160.56-0.180.54-0.24-0.170.77-0.170.76-0.28-0.760.34-0.20.020.0-0.56-0.230.44-0.540.7-0.15-0.04-0.07
-0.570.380.28-0.660.5-0.510.350.13-0.590.13-0.260.40.12-0.160.530.00.03-0.560.56-0.360.34-0.70.3-0.3-0.39
-0.260.620.72-0.750.94-0.810.610.03-0.340.030.290.90.2-0.080.960.25-0.15-0.230.56-0.270.58-0.630.81-0.61-0.86
0.72-0.35-0.440.61-0.410.2-0.270.420.550.420.15-0.04-0.350.08-0.310.5-0.170.44-0.36-0.27-0.150.360.060.430.35
-0.420.220.34-0.580.43-0.750.260.33-0.630.33-0.10.630.66-0.320.50.49-0.25-0.540.340.58-0.15-0.50.680.03-0.39
0.42-0.26-0.310.67-0.60.87-0.48-0.020.48-0.020.43-0.71-0.510.24-0.58-0.070.170.7-0.7-0.630.36-0.5-0.640.480.25
0.060.250.4-0.460.7-0.860.40.18-0.130.180.20.940.32-0.050.730.52-0.37-0.150.30.810.060.68-0.64-0.41-0.53
0.16-0.67-0.710.57-0.760.41-0.630.55-0.010.55-0.15-0.450.12-0.09-0.70.38-0.06-0.04-0.3-0.610.430.030.48-0.410.62
0.24-0.73-0.80.66-0.860.47-0.50.140.250.14-0.56-0.610.04-0.06-0.88-0.06-0.05-0.07-0.39-0.860.35-0.390.25-0.530.62
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International Zeolite Account Relationship Matchups

International Zeolite fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.3M1.3M1.5M939.2K845.3K911.2K
Other Current Liab43.8K276.6K829.3K962.0K1.1M1.2M
Total Current Liabilities207.8K455.0K1.4M1.8M2.0M2.1M
Total Stockholder Equity90.7K(279.3K)(563.9K)(1.7M)(1.6M)(1.5M)
Net Debt950.3K996.6K843.5K1.6M1.8M1.9M
Retained Earnings(16.9M)(17.7M)(18.5M)(20.2M)(18.2M)(17.3M)
Accounts Payable164.0K178.4K442.2K316.6K364.1K382.3K
Cash36.5K70.3K283.5K112.5K129.3K202.7K
Non Current Assets Total1.0M1.0M1.0M547.8K493.0K685.3K
Cash And Short Term Investments36.5K70.3K283.5K112.5K129.3K202.7K
Net Receivables24.6K1.8K22.2K131.9K118.7K124.6K
Liabilities And Stockholders Equity1.3M1.3M1.5M939.2K845.3K911.2K
Inventory195.0K140.0K127.9K141.4K162.7K133.2K
Other Stockholder Equity2.6M2.7M2.9M3.2M2.9M4.3M
Total Liab1.2M1.5M2.0M2.7M3.1M3.2M
Total Current Assets257.5K214.2K438.0K391.4K450.2K310.6K
Property Plant And Equipment Net282.9K283.5K281.5K425.7K383.1K456.0K
Non Current Liabilities Total1.0M1.1M693.1K900.5K1.0M1.1M
Short Long Term Debt Total986.8K1.1M1.1M1.7M1.9M2.0M
Other Current Assets1.3K2.1K4.3K(1.0)(0.9)(0.85)
Net Tangible Assets(442.1K)(652.0K)(1.0M)(1.2M)(1.1M)(1.1M)
Property Plant Equipment287.0K282.9K283.5K281.5K323.7K296.9K
Net Invested Capital1.1M787.6K635.1K(249.3K)(224.4K)(213.1K)
Net Working Capital49.7K(240.8K)(857.2K)(1.4M)(1.2M)(1.2M)

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