ZC Stock | | | CAD 0.04 0.00 0.00% |
Zimtu Capital financial indicator trend analysis is more than just analyzing Zimtu Capital Corp current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Zimtu Capital Corp is a good investment. Please check the relationship between Zimtu Capital Good Will and its Other Current Liab accounts. Check out
Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Zimtu Capital 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.
Good Will vs Other Current Liab
Good Will vs Other Current Liab Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Zimtu Capital Corp Good Will account and
Other Current Liab. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Zimtu Capital's Good Will and Other Current Liab is 0.89. Overlapping area represents the amount of variation of Good Will that can explain the historical movement of Other Current Liab in the same time period over historical financial statements of Zimtu Capital Corp, assuming nothing else is changed. The correlation between historical values of Zimtu Capital's Good Will and Other Current Liab is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Good Will of Zimtu Capital Corp are associated (or correlated) with its Other Current Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Liab has no effect on the direction of Good Will i.e., Zimtu Capital's Good Will and Other Current Liab go up and down completely randomly.
Correlation Coefficient | 0.89 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Good Will
An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.
Other Current Liab
Most indicators from Zimtu Capital's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Zimtu Capital Corp 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
Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Zimtu Capital 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.
At this time, Zimtu Capital's
Tax Provision is fairly stable compared to the past year.
Issuance Of Capital Stock is likely to climb to about 2.6
M in 2024, whereas
Selling General Administrative is likely to drop slightly above 547.2
K in 2024.
Zimtu Capital fundamental ratios Correlations
Click cells to compare fundamentals
Zimtu Capital Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Zimtu Capital fundamental ratios Accounts
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Additional Tools for Zimtu Stock Analysis
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