ZEN Cash And Short Term Investments vs Net Working Capital Analysis

ZEN Stock

CAD 1.65 0.03 1.79%

ZEN Graphene financial indicator trend analysis is more than just analyzing ZEN Graphene Solutions current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether ZEN Graphene Solutions is a good investment. Please check the relationship between ZEN Graphene Cash And Short Term Investments and its Net Working Capital accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in ZEN Graphene Solutions. 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.

Cash And Short Term Investments vs Net Working Capital

Cash And Short Term Investments vs Net Working Capital Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of ZEN Graphene Solutions Cash And Short Term Investments account and Net Working Capital. At this time, the significance of the direction appears to have almost identical trend.

The correlation between ZEN Graphene's Cash And Short Term Investments and Net Working Capital is 0.95. Overlapping area represents the amount of variation of Cash And Short Term Investments that can explain the historical movement of Net Working Capital in the same time period over historical financial statements of ZEN Graphene Solutions, assuming nothing else is changed. The correlation between historical values of ZEN Graphene's Cash And Short Term Investments and Net Working Capital is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash And Short Term Investments of ZEN Graphene Solutions are associated (or correlated) with its Net Working Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Working Capital has no effect on the direction of Cash And Short Term Investments i.e., ZEN Graphene's Cash And Short Term Investments and Net Working Capital go up and down completely randomly.

Correlation Coefficient

0.95

Relationship Direction	Positive
Relationship Strength	Very Strong

View All Relationships

Cash And Short Term Investments

Short Term Investments is an account in the current assets section of ZEN Graphene Solutions balance sheet. This account contains ZEN Graphene investments that will expire within one year. These investments include stocks and bonds that can be liquidated by ZEN Graphene Solutions fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.

Net Working Capital

Most indicators from ZEN Graphene's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into ZEN Graphene Solutions 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 ZEN Graphene Solutions. 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.

Issuance Of Capital Stock is likely to climb to about 37.4 M in 2024, whereas Selling General Administrative is likely to drop slightly above 4.3 M in 2024.

	2021	2022	2023	2024 (projected)
Reconciled Depreciation	614.7K	539.7K	613.7K	644.4K
Interest Income	20.6K	510.3K	405.5K	425.8K

Reconciled Depreciation Interest Income

ZEN Graphene fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Short Term Investments	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Property Plant And Equipment Net	Accounts Payable	Non Current Liabilities Total	Common Stock	Net Tangible Assets	Property Plant Equipment	Other Assets	Net Invested Capital	Net Working Capital
Total Assets		0.32	0.63	0.99	-0.56	-0.59	0.59	0.44	-0.37	0.54	0.65	0.89	-0.04	0.68	-0.45	0.64	0.59	0.45	-0.05	0.64	0.73	0.59	-0.09	0.2	0.74	0.66
Other Current Liab	0.32		0.66	0.26	-0.03	-0.22	0.05	0.3	-0.41	0.02	0.02	0.39	0.03	0.15	0.07	0.57	0.04	0.29	0.0	0.27	0.27	0.29	0.29	0.25	0.25	0.03
Total Current Liabilities	0.63	0.66		0.54	-0.61	-0.66	0.65	-0.08	-0.56	0.63	0.7	0.7	0.38	0.78	0.03	0.95	0.69	-0.09	0.52	0.8	0.78	0.79	-0.35	0.33	0.71	0.67
Total Stockholder Equity	0.99	0.26	0.54		-0.51	-0.54	0.53	0.5	-0.32	0.48	0.59	0.87	-0.1	0.62	-0.49	0.56	0.52	0.51	-0.13	0.57	0.66	0.52	-0.03	0.16	0.7	0.6
Net Debt	-0.56	-0.03	-0.61	-0.51		0.46	-1.0	0.47	0.46	-0.99	-0.85	-0.38	-0.01	-0.77	0.2	-0.67	-0.97	0.46	-0.58	-0.87	-0.63	-0.59	0.6	0.02	-0.8	-0.94
Retained Earnings	-0.59	-0.22	-0.66	-0.54	0.46		-0.53	0.02	0.27	-0.5	-0.67	-0.75	-0.57	-0.75	0.42	-0.81	-0.59	0.02	-0.27	-0.78	-0.91	-0.87	0.42	-0.78	-0.6	-0.68
Cash	0.59	0.05	0.65	0.53	-1.0	-0.53		-0.46	-0.47	0.99	0.87	0.42	0.06	0.8	-0.22	0.71	0.98	-0.45	0.58	0.9	0.67	0.63	-0.61	0.05	0.82	0.96
Non Current Assets Total	0.44	0.3	-0.08	0.5	0.47	0.02	-0.46		0.15	-0.51	-0.33	0.46	-0.28	-0.23	-0.27	-0.13	-0.47	1.0	-0.74	-0.3	-0.01	-0.12	0.67	0.13	-0.11	-0.36
Non Currrent Assets Other	-0.37	-0.41	-0.56	-0.32	0.46	0.27	-0.47	0.15		-0.47	-0.48	-0.33	-0.16	-0.54	-0.05	-0.52	-0.5	0.14	-0.26	-0.47	-0.38	-0.38	0.25	0.05	-0.52	-0.45
Cash And Short Term Investments	0.54	0.02	0.63	0.48	-0.99	-0.5	0.99	-0.51	-0.47		0.86	0.37	0.11	0.78	-0.15	0.7	0.98	-0.49	0.61	0.88	0.63	0.6	-0.63	0.02	0.81	0.95
Net Receivables	0.65	0.02	0.7	0.59	-0.85	-0.67	0.87	-0.33	-0.48	0.86		0.57	0.33	0.96	-0.28	0.73	0.93	-0.32	0.56	0.83	0.8	0.75	-0.73	0.1	0.81	0.93
Common Stock Shares Outstanding	0.89	0.39	0.7	0.87	-0.38	-0.75	0.42	0.46	-0.33	0.37	0.57		0.22	0.68	-0.37	0.69	0.46	0.45	-0.04	0.65	0.85	0.78	-0.17	0.52	0.54	0.53
Short Term Investments	-0.04	0.03	0.38	-0.1	-0.01	-0.57	0.06	-0.28	-0.16	0.11	0.33	0.22		0.37	0.17	0.45	0.21	-0.27	0.37	0.24	0.37	0.44	-0.44	0.51	0.11	0.18
Other Current Assets	0.68	0.15	0.78	0.62	-0.77	-0.75	0.8	-0.23	-0.54	0.78	0.96	0.68	0.37		-0.29	0.79	0.88	-0.23	0.53	0.85	0.89	0.85	-0.67	0.24	0.79	0.89
Other Stockholder Equity	-0.45	0.07	0.03	-0.49	0.2	0.42	-0.22	-0.27	-0.05	-0.15	-0.28	-0.37	0.17	-0.29		-0.09	-0.2	-0.27	0.37	-0.26	-0.4	-0.31	0.13	-0.3	-0.21	-0.28
Total Liab	0.64	0.57	0.95	0.56	-0.67	-0.81	0.71	-0.13	-0.52	0.7	0.73	0.69	0.45	0.79	-0.09		0.75	-0.13	0.52	0.87	0.83	0.81	-0.35	0.48	0.8	0.77
Total Current Assets	0.59	0.04	0.69	0.52	-0.97	-0.59	0.98	-0.47	-0.5	0.98	0.93	0.46	0.21	0.88	-0.2	0.75		-0.46	0.62	0.9	0.72	0.69	-0.69	0.08	0.83	0.97
Property Plant And Equipment Net	0.45	0.29	-0.09	0.51	0.46	0.02	-0.45	1.0	0.14	-0.49	-0.32	0.45	-0.27	-0.23	-0.27	-0.13	-0.46		-0.74	-0.3	-0.03	-0.15	0.68	0.11	-0.08	-0.35
Accounts Payable	-0.05	0.0	0.52	-0.13	-0.58	-0.27	0.58	-0.74	-0.26	0.61	0.56	-0.04	0.37	0.53	0.37	0.52	0.62	-0.74		0.51	0.35	0.43	-0.53	0.0	0.49	0.56
Non Current Liabilities Total	0.64	0.27	0.8	0.57	-0.87	-0.78	0.9	-0.3	-0.47	0.88	0.83	0.65	0.24	0.85	-0.26	0.87	0.9	-0.3	0.51		0.88	0.87	-0.59	0.42	0.76	0.92
Common Stock	0.73	0.27	0.78	0.66	-0.63	-0.91	0.67	-0.01	-0.38	0.63	0.8	0.85	0.37	0.89	-0.4	0.83	0.72	-0.03	0.35	0.88		0.97	-0.53	0.6	0.66	0.78
Net Tangible Assets	0.59	0.29	0.79	0.52	-0.59	-0.87	0.63	-0.12	-0.38	0.6	0.75	0.78	0.44	0.85	-0.31	0.81	0.69	-0.15	0.43	0.87	0.97		-0.59	0.65	0.55	0.71
Property Plant Equipment	-0.09	0.29	-0.35	-0.03	0.6	0.42	-0.61	0.67	0.25	-0.63	-0.73	-0.17	-0.44	-0.67	0.13	-0.35	-0.69	0.68	-0.53	-0.59	-0.53	-0.59		-0.11	-0.24	-0.62
Other Assets	0.2	0.25	0.33	0.16	0.02	-0.78	0.05	0.13	0.05	0.02	0.1	0.52	0.51	0.24	-0.3	0.48	0.08	0.11	0.0	0.42	0.6	0.65	-0.11		0.06	0.17
Net Invested Capital	0.74	0.25	0.71	0.7	-0.8	-0.6	0.82	-0.11	-0.52	0.81	0.81	0.54	0.11	0.79	-0.21	0.8	0.83	-0.08	0.49	0.76	0.66	0.55	-0.24	0.06		0.88
Net Working Capital	0.66	0.03	0.67	0.6	-0.94	-0.68	0.96	-0.36	-0.45	0.95	0.93	0.53	0.18	0.89	-0.28	0.77	0.97	-0.35	0.56	0.92	0.78	0.71	-0.62	0.17	0.88

Click cells to compare fundamentals

ZEN Graphene Account Relationship Matchups

ZEN Graphene fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	26.2M	30.3M	38.0M	33.3M	22.6M	24.0M
Other Current Liab	136.7K	2.0M	160K	381.0K	628.0K	349.0K
Total Current Liabilities	527.6K	2.5M	2.3M	2.4M	1.8M	1.0M
Total Stockholder Equity	25.7M	27.5M	34.5M	30.4M	20.2M	22.9M
Net Debt	(805.9K)	(2.7M)	(24.4M)	(8.7M)	(2.3M)	(2.4M)
Retained Earnings	(16.9M)	(20.5M)	(59.2M)	(66.2M)	(76.6M)	(72.8M)
Cash	805.9K	3.1M	26.7M	10.4M	3.5M	4.1M
Non Current Assets Total	25.2M	26.9M	6.0M	15.3M	16.3M	17.5M
Cash And Short Term Investments	805.9K	3.1M	26.7M	10.4M	3.5M	5.2M
Net Receivables	77.5K	119.3K	3.6M	3.6M	839.8K	721.6K
Common Stock Shares Outstanding	76.9M	84.0M	92.1M	99.4M	100.9M	67.8M
Liabilities And Stockholders Equity	26.2M	30.3M	38.0M	33.3M	22.6M	24.0M
Other Current Assets	190.6K	174.5K	1.0M	1.2M	465.8K	245.3K
Other Stockholder Equity	1.2M	2.4M	4.2M	1.0	0.9	0.86
Total Liab	527.6K	2.8M	3.4M	2.9M	2.4M	2.5M
Total Current Assets	1.1M	3.4M	32.0M	18.0M	6.2M	6.6M
Property Plant And Equipment Net	25.2M	26.9M	6.0M	15.3M	15.0M	18.4M
Accounts Payable	390.9K	348.1K	1.0M	911.5K	541.3K	500.3K
Accumulated Other Comprehensive Income	2.4M	4.2M	8.2M	10.8M	10.7M	5.8M
Common Stock	40.2M	43.8M	85.5M	85.8M	86.1M	50.6M
Net Tangible Assets	24.9M	25.7M	27.5M	41.5M	47.8M	27.8M
Property Plant Equipment	24.1M	25.2M	26.9M	13.0M	15.0M	23.5M
Net Invested Capital	25.7M	27.5M	35.5M	31.4M	20.9M	29.5M
Net Working Capital	546.5K	879.2K	29.7M	15.5M	4.4M	8.2M
Capital Stock	40.2M	43.8M	85.5M	85.8M	86.1M	69.6M

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 ZEN Stock Analysis

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