Zephyr Average Inventory vs Earnings Yield Analysis
ZFR Stock | CAD 0.03 0.01 16.67% |
Zephyr Minerals financial indicator trend analysis is more than just analyzing Zephyr Minerals current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Zephyr Minerals is a good investment. Please check the relationship between Zephyr Minerals Average Inventory and its Earnings Yield accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Zephyr Minerals. 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.
Average Inventory vs Earnings Yield
Average Inventory vs Earnings Yield Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Zephyr Minerals Average Inventory account and Earnings Yield. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Zephyr Minerals' Average Inventory and Earnings Yield is 0.14. Overlapping area represents the amount of variation of Average Inventory that can explain the historical movement of Earnings Yield in the same time period over historical financial statements of Zephyr Minerals, assuming nothing else is changed. The correlation between historical values of Zephyr Minerals' Average Inventory and Earnings Yield is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Average Inventory of Zephyr Minerals are associated (or correlated) with its Earnings Yield. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Earnings Yield has no effect on the direction of Average Inventory i.e., Zephyr Minerals' Average Inventory and Earnings Yield go up and down completely randomly.
Correlation Coefficient | 0.14 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
Average Inventory
The average amount of inventory a company holds over a certain period, which is used to calculate inventory turnover and efficiency in managing stock levels.Earnings Yield
The inverse of the price-to-earnings ratio, representing the percentage of each dollar invested in the stock that was earned by the company.Most indicators from Zephyr Minerals' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Zephyr Minerals 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 Zephyr Minerals. 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. Selling General Administrative is likely to climb to about 489.8 K in 2024, whereas Issuance Of Capital Stock is likely to drop slightly above 321.6 K in 2024.
Zephyr Minerals fundamental ratios Correlations
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Zephyr Minerals Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Zephyr Minerals fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 4.7M | 7.5M | 7.2M | 6.9M | 5.3M | 3.9M | |
Total Current Liabilities | 52.8K | 43.5K | 93.3K | 52.7K | 64.0K | 62.4K | |
Total Stockholder Equity | 4.6M | 7.4M | 7.1M | 6.8M | 5.1M | 3.8M | |
Net Debt | (98.6K) | (1.4M) | (712.9K) | (403.0K) | (116.8K) | (122.6K) | |
Retained Earnings | (4.0M) | (4.6M) | (5.3M) | (6.0M) | (8.1M) | (7.7M) | |
Cash | 98.6K | 1.4M | 712.9K | 403.0K | 116.8K | 111.0K | |
Non Current Assets Total | 4.5M | 5.9M | 6.3M | 6.5M | 5.1M | 3.4M | |
Non Currrent Assets Other | 53.8K | 53.0K | 38.0K | 99.4K | 99.1K | 94.2K | |
Cash And Short Term Investments | 98.6K | 1.4M | 712.9K | 403.0K | 116.8K | 111.0K | |
Net Receivables | 5.1K | 16.7K | 35.5K | 9.6K | 14.5K | 18.3K | |
Common Stock Shares Outstanding | 50.3M | 63.4M | 67.8M | 67.4M | 72.7M | 44.8M | |
Liabilities And Stockholders Equity | 4.7M | 7.5M | 7.2M | 6.9M | 5.3M | 3.9M | |
Other Stockholder Equity | 1.9M | 2.2M | 2.3M | 2.5M | (1.0) | (0.95) | |
Total Liab | 106.6K | 96.5K | 131.3K | 152.1K | 163.1K | 120.4K | |
Total Current Assets | 195.8K | 1.5M | 846.3K | 423.9K | 137.3K | 130.4K | |
Other Current Liab | 24.2K | 21.6K | 21.6K | 26.1K | 22.0K | 24.3K | |
Property Plant And Equipment Net | 4.4M | 5.9M | 6.3M | 6.4M | 5.0M | 3.6M | |
Accounts Payable | 28.6K | 21.8K | 71.8K | 26.6K | 42.1K | 55.6K | |
Accumulated Other Comprehensive Income | 1.9M | 2.2M | 2.3M | 2.6M | 2.7M | 1.7M | |
Net Tangible Assets | 4.6M | 7.4M | 7.1M | 6.8M | 7.8M | 4.3M | |
Common Stock | 6.7M | 9.8M | 10.0M | 10.2M | 10.5M | 6.8M | |
Property Plant Equipment | 4.4M | 5.9M | 6.3M | 6.4M | 7.3M | 3.8M | |
Other Current Assets | 67.0K | 83.9K | 97.9K | 11.3K | 6.0K | 5.7K | |
Non Current Liabilities Total | 53.8K | 53.0K | 38.0K | 99.4K | 99.1K | 56.2K | |
Other Liab | 53.8K | 53.0K | 38.0K | 99.4K | 114.3K | 120.0K | |
Net Invested Capital | 4.6M | 7.4M | 7.1M | 6.8M | 5.1M | 5.9M | |
Net Working Capital | 142.9K | 1.5M | 752.9K | 371.1K | 73.3K | 69.6K | |
Other Assets | 53.8K | 53.0K | 38.0K | 99.4K | 114.3K | 66.0K | |
Capital Stock | 6.7M | 9.8M | 10.0M | 10.2M | 10.5M | 9.7M |
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