ZEN Total Current Assets vs Total Stockholder Equity Analysis

ZEN Stock

CAD 0.95 0.04 4.04%

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 Total Current Assets and its Total Stockholder Equity 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 producer price index.

Total Current Assets vs Total Stockholder Equity

Total Current Assets vs Total Stockholder Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of ZEN Graphene Solutions Total Current Assets account and Total Stockholder Equity. At this time, the significance of the direction appears to have fragmental relationship.

The correlation between ZEN Graphene's Total Current Assets and Total Stockholder Equity is 0.52. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Total Stockholder Equity 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 Total Current Assets and Total Stockholder Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Current Assets of ZEN Graphene Solutions are associated (or correlated) with its Total Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Stockholder Equity has no effect on the direction of Total Current Assets i.e., ZEN Graphene's Total Current Assets and Total Stockholder Equity go up and down completely randomly.

Correlation Coefficient

0.52

Relationship Direction	Positive
Relationship Strength	Weak

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Total Current Assets

The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.

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 producer price index.

Tax Provision is expected to grow at the current pace this year, whereas Selling General Administrative is likely to drop slightly above 4.6 M in 2025.

	2022	2023	2024	2025 (projected)
Reconciled Depreciation	539.7K	613.7K	600.3K	348.1K
Interest Income	510.3K	405.5K	101.6K	140.3K

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		0.28	0.39	0.99	-0.56	-0.44	0.58	0.44	-0.37	0.54	0.64	0.77	-0.08	0.63	-0.42	0.48	0.59	0.45	-0.07	0.64	0.55	0.47	-0.05	0.09	0.7	0.66
Other Current Liab	0.28		0.66	0.2	0.04	-0.37	-0.01	0.27	-0.37	0.02	0.03	0.43	0.18	0.23	0.01	0.63	0.03	0.26	0.26	0.27	0.34	0.35	0.22	0.36	0.05	-0.02
Total Current Liabilities	0.39	0.66		0.27	-0.26	-0.85	0.3	-0.09	-0.34	0.44	0.5	0.66	0.62	0.72	-0.13	0.98	0.47	-0.1	0.8	0.59	0.75	0.76	-0.26	0.74	0.08	0.37
Total Stockholder Equity	0.99	0.2	0.27		-0.51	-0.34	0.53	0.51	-0.32	0.47	0.57	0.7	-0.17	0.54	-0.43	0.36	0.52	0.52	-0.17	0.56	0.44	0.35	0.03	0.0	0.7	0.6
Net Debt	-0.56	0.04	-0.26	-0.51		0.27	-1.0	0.44	0.46	-0.97	-0.82	-0.28	0.09	-0.67	0.16	-0.41	-0.96	0.43	-0.13	-0.84	-0.44	-0.46	0.52	0.15	-0.81	-0.96
Retained Earnings	-0.44	-0.37	-0.85	-0.34	0.27		-0.31	0.06	0.2	-0.42	-0.59	-0.78	-0.65	-0.8	0.44	-0.87	-0.49	0.08	-0.67	-0.66	-0.91	-0.88	0.5	-0.73	-0.02	-0.45
Cash	0.58	-0.01	0.3	0.53	-1.0	-0.31		-0.43	-0.47	0.97	0.84	0.32	-0.05	0.7	-0.17	0.45	0.97	-0.42	0.14	0.87	0.48	0.5	-0.54	-0.13	0.81	0.97
Non Current Assets Total	0.44	0.27	-0.09	0.51	0.44	0.06	-0.43		0.14	-0.5	-0.33	0.39	-0.29	-0.23	-0.25	-0.14	-0.46	1.0	-0.44	-0.3	-0.06	-0.16	0.64	0.06	-0.06	-0.36
Non Currrent Assets Other	-0.37	-0.37	-0.34	-0.32	0.46	0.2	-0.47	0.14		-0.47	-0.48	-0.28	-0.13	-0.5	-0.05	-0.4	-0.5	0.14	-0.09	-0.47	-0.3	-0.33	0.21	0.05	-0.51	-0.47
Cash And Short Term Investments	0.54	0.02	0.44	0.47	-0.97	-0.42	0.97	-0.5	-0.47		0.86	0.34	0.09	0.75	-0.15	0.57	0.98	-0.49	0.34	0.88	0.53	0.55	-0.57	0.04	0.71	0.95
Net Receivables	0.64	0.03	0.5	0.57	-0.82	-0.59	0.84	-0.33	-0.48	0.86		0.54	0.32	0.93	-0.29	0.62	0.93	-0.32	0.32	0.83	0.71	0.7	-0.68	0.1	0.7	0.93
Common Stock Shares Outstanding	0.77	0.43	0.66	0.7	-0.28	-0.78	0.32	0.39	-0.28	0.34	0.54		0.35	0.69	-0.4	0.7	0.41	0.37	0.23	0.59	0.87	0.81	-0.28	0.51	0.25	0.45
Short Term Investments	-0.08	0.18	0.62	-0.17	0.09	-0.65	-0.05	-0.29	-0.13	0.09	0.32	0.35		0.48	0.09	0.58	0.18	-0.3	0.62	0.23	0.49	0.53	-0.53	0.45	-0.28	0.05
Other Current Assets	0.63	0.23	0.72	0.54	-0.67	-0.8	0.7	-0.23	-0.5	0.75	0.93	0.69	0.48		-0.33	0.8	0.84	-0.23	0.51	0.83	0.85	0.83	-0.61	0.36	0.54	0.82
Other Stockholder Equity	-0.42	0.01	-0.13	-0.43	0.16	0.44	-0.17	-0.25	-0.05	-0.15	-0.29	-0.4	0.09	-0.33		-0.16	-0.19	-0.24	0.02	-0.25	-0.42	-0.34	0.17	-0.29	-0.04	-0.23
Total Liab	0.48	0.63	0.98	0.36	-0.41	-0.87	0.45	-0.14	-0.4	0.57	0.62	0.7	0.58	0.8	-0.16		0.6	-0.15	0.75	0.73	0.81	0.81	-0.35	0.66	0.21	0.52
Total Current Assets	0.59	0.03	0.47	0.52	-0.96	-0.49	0.97	-0.46	-0.5	0.98	0.93	0.41	0.18	0.84	-0.19	0.6		-0.45	0.33	0.9	0.6	0.61	-0.62	0.03	0.75	0.97
Property Plant And Equipment Net	0.45	0.26	-0.1	0.52	0.43	0.08	-0.42	1.0	0.14	-0.49	-0.32	0.37	-0.3	-0.23	-0.24	-0.15	-0.45		-0.44	-0.3	-0.09	-0.2	0.66	0.04	-0.03	-0.35
Accounts Payable	-0.07	0.26	0.8	-0.17	-0.13	-0.67	0.14	-0.44	-0.09	0.34	0.32	0.23	0.62	0.51	0.02	0.75	0.33	-0.44		0.32	0.5	0.54	-0.28	0.77	-0.17	0.2
Non Current Liabilities Total	0.64	0.27	0.59	0.56	-0.84	-0.66	0.87	-0.3	-0.47	0.88	0.83	0.59	0.23	0.83	-0.25	0.73	0.9	-0.3	0.32		0.74	0.73	-0.58	0.13	0.64	0.9
Common Stock	0.55	0.34	0.75	0.44	-0.44	-0.91	0.48	-0.06	-0.3	0.53	0.71	0.87	0.49	0.85	-0.42	0.81	0.6	-0.09	0.5	0.74		0.99	-0.61	0.59	0.22	0.61
Net Tangible Assets	0.47	0.35	0.76	0.35	-0.46	-0.88	0.5	-0.16	-0.33	0.55	0.7	0.81	0.53	0.83	-0.34	0.81	0.61	-0.2	0.54	0.73	0.99		-0.66	0.58	0.2	0.6
Property Plant Equipment	-0.05	0.22	-0.26	0.03	0.52	0.5	-0.54	0.64	0.21	-0.57	-0.68	-0.28	-0.53	-0.61	0.17	-0.35	-0.62	0.66	-0.28	-0.58	-0.61	-0.66		-0.08	-0.14	-0.6
Other Assets	0.09	0.36	0.74	0.0	0.15	-0.73	-0.13	0.06	0.05	0.04	0.1	0.51	0.45	0.36	-0.29	0.66	0.03	0.04	0.77	0.13	0.59	0.58	-0.08		-0.42	-0.03
Net Invested Capital	0.7	0.05	0.08	0.7	-0.81	-0.02	0.81	-0.06	-0.51	0.71	0.7	0.25	-0.28	0.54	-0.04	0.21	0.75	-0.03	-0.17	0.64	0.22	0.2	-0.14	-0.42		0.81
Net Working Capital	0.66	-0.02	0.37	0.6	-0.96	-0.45	0.97	-0.36	-0.47	0.95	0.93	0.45	0.05	0.82	-0.23	0.52	0.97	-0.35	0.2	0.9	0.61	0.6	-0.6	-0.03	0.81

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ZEN Graphene Account Relationship Matchups

ZEN Graphene fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	30.3M	38.0M	33.3M	22.6M	18.4M	23.8M
Other Current Liab	2.0M	160K	381.0K	628.0K	722.1K	758.3K
Total Current Liabilities	2.5M	2.3M	2.4M	1.8M	3.5M	3.7M
Total Stockholder Equity	27.5M	34.5M	30.4M	20.2M	14.7M	22.4M
Net Debt	(2.7M)	(24.4M)	(8.7M)	(2.3M)	225.3K	236.5K
Retained Earnings	(20.5M)	(59.2M)	(66.2M)	(76.6M)	(83.9M)	(79.7M)
Cash	3.1M	26.7M	10.4M	3.5M	121.5K	115.4K
Non Current Assets Total	26.9M	6.0M	15.3M	16.3M	14.0M	17.4M
Cash And Short Term Investments	3.1M	26.7M	10.4M	3.5M	4.0M	5.2M
Net Receivables	119.3K	3.6M	3.6M	839.8K	853.9K	735.2K
Common Stock Shares Outstanding	84.0M	92.1M	99.4M	100.9M	104.4M	70.8M
Liabilities And Stockholders Equity	30.3M	38.0M	33.3M	22.6M	26.0M	24.0M
Other Current Assets	174.5K	1.0M	1.2M	465.8K	535.6K	562.4K
Other Stockholder Equity	1.2M	2.4M	4.2M	1.0	0.9	0.86
Total Liab	2.8M	3.4M	2.9M	2.4M	3.6M	3.8M
Total Current Assets	3.4M	32.0M	18.0M	6.2M	4.4M	6.5M
Property Plant And Equipment Net	26.9M	6.0M	15.3M	15.0M	12.7M	18.1M
Accounts Payable	348.1K	1.0M	911.5K	541.3K	2.0M	2.1M
Non Current Liabilities Total	281.9K	1.1M	484.9K	592.8K	161.7K	292.9K
Accumulated Other Comprehensive Income	4.2M	8.2M	10.8M	10.7M	12.3M	12.9M
Common Stock	43.8M	85.5M	85.8M	86.1M	99.0M	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	27.5M	35.5M	31.4M	20.9M	15.1M	20.3M
Net Working Capital	879.2K	29.7M	15.5M	4.4M	882.9K	838.7K
Capital Stock	43.8M	85.5M	85.8M	86.1M	89.5M	73.7M
Capital Lease Obligations	404.3K	281.9K	614.1K	484.9K	333.7K	388.5K
Property Plant And Equipment Gross	27.1M	6.8M	16.0M	16.8M	15.1M	14.3M
Short Term Debt	122.5K	1.1M	1.1M	649.7K	747.2K	684.5K

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