ZEN Non Current Assets Total vs Property Plant And Equipment Net 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 Non Current Assets Total and its Property Plant And Equipment Net 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.

Non Current Assets Total vs Property Plant And Equipment Net

Non Current Assets Total vs Property Plant And Equipment Net Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of ZEN Graphene Solutions Non Current Assets Total account and Property Plant And Equipment Net. At this time, the significance of the direction appears to have totally related.
The correlation between ZEN Graphene's Non Current Assets Total and Property Plant And Equipment Net is 1.0. Overlapping area represents the amount of variation of Non Current Assets Total that can explain the historical movement of Property Plant And Equipment Net 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 Non Current Assets Total and Property Plant And Equipment Net is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Current Assets Total of ZEN Graphene Solutions are associated (or correlated) with its Property Plant And Equipment Net. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant And Equipment Net has no effect on the direction of Non Current Assets Total i.e., ZEN Graphene's Non Current Assets Total and Property Plant And Equipment Net go up and down completely randomly.

Correlation Coefficient

1.0
Relationship DirectionPositive 
Relationship StrengthVery Strong

Non Current Assets Total

The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.

Property Plant And Equipment Net

The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.
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 Depreciation614.7K539.7K613.7K644.4K
Interest Income20.6K510.3K405.5K425.8K

ZEN Graphene fundamental ratios Correlations

0.320.630.99-0.56-0.590.590.44-0.370.540.650.89-0.040.68-0.450.640.590.45-0.050.640.730.59-0.090.20.740.66
0.320.660.26-0.03-0.220.050.3-0.410.020.020.390.030.150.070.570.040.290.00.270.270.290.290.250.250.03
0.630.660.54-0.61-0.660.65-0.08-0.560.630.70.70.380.780.030.950.69-0.090.520.80.780.79-0.350.330.710.67
0.990.260.54-0.51-0.540.530.5-0.320.480.590.87-0.10.62-0.490.560.520.51-0.130.570.660.52-0.030.160.70.6
-0.56-0.03-0.61-0.510.46-1.00.470.46-0.99-0.85-0.38-0.01-0.770.2-0.67-0.970.46-0.58-0.87-0.63-0.590.60.02-0.8-0.94
-0.59-0.22-0.66-0.540.46-0.530.020.27-0.5-0.67-0.75-0.57-0.750.42-0.81-0.590.02-0.27-0.78-0.91-0.870.42-0.78-0.6-0.68
0.590.050.650.53-1.0-0.53-0.46-0.470.990.870.420.060.8-0.220.710.98-0.450.580.90.670.63-0.610.050.820.96
0.440.3-0.080.50.470.02-0.460.15-0.51-0.330.46-0.28-0.23-0.27-0.13-0.471.0-0.74-0.3-0.01-0.120.670.13-0.11-0.36
-0.37-0.41-0.56-0.320.460.27-0.470.15-0.47-0.48-0.33-0.16-0.54-0.05-0.52-0.50.14-0.26-0.47-0.38-0.380.250.05-0.52-0.45
0.540.020.630.48-0.99-0.50.99-0.51-0.470.860.370.110.78-0.150.70.98-0.490.610.880.630.6-0.630.020.810.95
0.650.020.70.59-0.85-0.670.87-0.33-0.480.860.570.330.96-0.280.730.93-0.320.560.830.80.75-0.730.10.810.93
0.890.390.70.87-0.38-0.750.420.46-0.330.370.570.220.68-0.370.690.460.45-0.040.650.850.78-0.170.520.540.53
-0.040.030.38-0.1-0.01-0.570.06-0.28-0.160.110.330.220.370.170.450.21-0.270.370.240.370.44-0.440.510.110.18
0.680.150.780.62-0.77-0.750.8-0.23-0.540.780.960.680.37-0.290.790.88-0.230.530.850.890.85-0.670.240.790.89
-0.450.070.03-0.490.20.42-0.22-0.27-0.05-0.15-0.28-0.370.17-0.29-0.09-0.2-0.270.37-0.26-0.4-0.310.13-0.3-0.21-0.28
0.640.570.950.56-0.67-0.810.71-0.13-0.520.70.730.690.450.79-0.090.75-0.130.520.870.830.81-0.350.480.80.77
0.590.040.690.52-0.97-0.590.98-0.47-0.50.980.930.460.210.88-0.20.75-0.460.620.90.720.69-0.690.080.830.97
0.450.29-0.090.510.460.02-0.451.00.14-0.49-0.320.45-0.27-0.23-0.27-0.13-0.46-0.74-0.3-0.03-0.150.680.11-0.08-0.35
-0.050.00.52-0.13-0.58-0.270.58-0.74-0.260.610.56-0.040.370.530.370.520.62-0.740.510.350.43-0.530.00.490.56
0.640.270.80.57-0.87-0.780.9-0.3-0.470.880.830.650.240.85-0.260.870.9-0.30.510.880.87-0.590.420.760.92
0.730.270.780.66-0.63-0.910.67-0.01-0.380.630.80.850.370.89-0.40.830.72-0.030.350.880.97-0.530.60.660.78
0.590.290.790.52-0.59-0.870.63-0.12-0.380.60.750.780.440.85-0.310.810.69-0.150.430.870.97-0.590.650.550.71
-0.090.29-0.35-0.030.60.42-0.610.670.25-0.63-0.73-0.17-0.44-0.670.13-0.35-0.690.68-0.53-0.59-0.53-0.59-0.11-0.24-0.62
0.20.250.330.160.02-0.780.050.130.050.020.10.520.510.24-0.30.480.080.110.00.420.60.65-0.110.060.17
0.740.250.710.7-0.8-0.60.82-0.11-0.520.810.810.540.110.79-0.210.80.83-0.080.490.760.660.55-0.240.060.88
0.660.030.670.6-0.94-0.680.96-0.36-0.450.950.930.530.180.89-0.280.770.97-0.350.560.920.780.71-0.620.170.88
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ZEN Graphene Account Relationship Matchups

ZEN Graphene fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets26.2M30.3M38.0M33.3M22.6M24.0M
Other Current Liab136.7K2.0M160K381.0K628.0K349.0K
Total Current Liabilities527.6K2.5M2.3M2.4M1.8M1.0M
Total Stockholder Equity25.7M27.5M34.5M30.4M20.2M22.9M
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)
Cash805.9K3.1M26.7M10.4M3.5M4.1M
Non Current Assets Total25.2M26.9M6.0M15.3M16.3M17.5M
Cash And Short Term Investments805.9K3.1M26.7M10.4M3.5M5.2M
Net Receivables77.5K119.3K3.6M3.6M839.8K721.6K
Common Stock Shares Outstanding76.9M84.0M92.1M99.4M100.9M67.8M
Liabilities And Stockholders Equity26.2M30.3M38.0M33.3M22.6M24.0M
Other Current Assets190.6K174.5K1.0M1.2M465.8K245.3K
Other Stockholder Equity1.2M2.4M4.2M1.00.90.86
Total Liab527.6K2.8M3.4M2.9M2.4M2.5M
Total Current Assets1.1M3.4M32.0M18.0M6.2M6.6M
Property Plant And Equipment Net25.2M26.9M6.0M15.3M15.0M18.4M
Accounts Payable390.9K348.1K1.0M911.5K541.3K500.3K
Accumulated Other Comprehensive Income2.4M4.2M8.2M10.8M10.7M5.8M
Common Stock40.2M43.8M85.5M85.8M86.1M50.6M
Net Tangible Assets24.9M25.7M27.5M41.5M47.8M27.8M
Property Plant Equipment24.1M25.2M26.9M13.0M15.0M23.5M
Net Invested Capital25.7M27.5M35.5M31.4M20.9M29.5M
Net Working Capital546.5K879.2K29.7M15.5M4.4M8.2M
Capital Stock40.2M43.8M85.5M85.8M86.1M69.6M

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