Zephyr Net Working Capital vs Cash And Short Term Investments Analysis

ZFR Stock

CAD 0.03 0.01 20.00%

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 Net Working Capital and its Cash And Short Term Investments 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.

Net Working Capital vs Cash And Short Term Investments

Net Working Capital vs Cash And Short Term Investments Correlation Analysis

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

The correlation between Zephyr Minerals' Net Working Capital and Cash And Short Term Investments is 0.62. Overlapping area represents the amount of variation of Net Working Capital that can explain the historical movement of Cash And Short Term Investments 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' Net Working Capital and Cash And Short Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Working Capital of Zephyr Minerals are associated (or correlated) with its Cash And Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash And Short Term Investments has no effect on the direction of Net Working Capital i.e., Zephyr Minerals' Net Working Capital and Cash And Short Term Investments go up and down completely randomly.

Correlation Coefficient

0.62

Relationship Direction	Positive
Relationship Strength	Significant

View All Relationships

Net Working Capital

Cash And Short Term Investments

Short Term Investments is an account in the current assets section of Zephyr Minerals balance sheet. This account contains Zephyr Minerals investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Zephyr Minerals 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.

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

	Total Assets	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	Other Stockholder Equity	Total Liab	Total Current Assets	Other Current Liab	Property Plant And Equipment Net	Accounts Payable	Net Tangible Assets	Common Stock	Property Plant Equipment	Other Current Assets	Other Liab	Net Invested Capital	Net Working Capital	Other Assets	Capital Stock
Total Assets		-0.06	1.0	-0.25	-0.77	0.25	0.98	0.05	0.25	0.15	0.96	-0.01	0.56	0.29	-0.64	0.98	0.08	0.97	0.97	0.95	0.33	0.51	0.93	0.72	0.27	0.84
Total Current Liabilities	-0.06		-0.07	0.26	0.06	-0.26	-0.02	0.34	-0.26	0.55	-0.01	0.52	0.67	-0.2	-0.14	-0.02	0.91	-0.08	-0.09	-0.05	0.52	-0.26	-0.24	-0.19	-0.18	-0.24
Total Stockholder Equity	1.0	-0.07		-0.26	-0.77	0.26	0.98	0.04	0.26	0.15	0.96	-0.01	0.55	0.3	-0.64	0.98	0.07	0.97	0.97	0.94	0.33	0.5	0.93	0.72	0.27	0.84
Net Debt	-0.25	0.26	-0.26		-0.13	-1.0	-0.08	0.31	-1.0	0.04	-0.05	-0.18	0.3	-0.99	-0.17	-0.08	0.25	-0.18	-0.14	-0.04	0.03	0.18	-0.28	-0.62	0.24	-0.17
Retained Earnings	-0.77	0.06	-0.77	-0.13		0.14	-0.81	0.04	0.14	-0.05	-0.87	0.38	-0.62	0.13	0.64	-0.82	-0.08	-0.86	-0.88	-0.87	0.04	-0.88	-0.78	-0.29	-0.59	-0.89
Cash	0.25	-0.26	0.26	-1.0	0.14		0.08	-0.31	1.0	-0.04	0.05	0.19	-0.3	0.99	0.17	0.08	-0.25	0.18	0.14	0.04	-0.03	-0.19	0.28	0.62	-0.24	0.17
Non Current Assets Total	0.98	-0.02	0.98	-0.08	-0.81	0.08		0.1	0.08	0.15	0.98	-0.03	0.63	0.12	-0.68	1.0	0.12	0.97	0.97	0.97	0.34	0.54	0.9	0.63	0.34	0.83
Non Currrent Assets Other	0.05	0.34	0.04	0.31	0.04	-0.31	0.1		-0.31	0.39	0.04	0.25	0.3	-0.24	-0.21	0.1	0.39	0.01	-0.01	0.06	0.72	-0.22	-0.15	-0.12	-0.11	-0.27
Cash And Short Term Investments	0.25	-0.26	0.26	-1.0	0.14	1.0	0.08	-0.31		-0.04	0.05	0.19	-0.3	0.99	0.17	0.08	-0.25	0.18	0.14	0.04	-0.03	-0.19	0.28	0.62	-0.24	0.17
Net Receivables	0.15	0.55	0.15	0.04	-0.05	-0.04	0.15	0.39	-0.04		0.11	0.21	0.44	0.02	0.05	0.16	0.57	0.13	0.13	0.15	0.55	-0.15	0.11	0.16	-0.26	0.09
Common Stock Shares Outstanding	0.96	-0.01	0.96	-0.05	-0.87	0.05	0.98	0.04	0.05	0.11		-0.11	0.66	0.09	-0.7	0.98	0.12	0.99	0.99	0.99	0.25	0.63	0.87	0.56	0.45	0.86
Other Stockholder Equity	-0.01	0.52	-0.01	-0.18	0.38	0.19	-0.03	0.25	0.19	0.21	-0.11		0.2	0.25	-0.22	-0.05	0.49	-0.16	-0.17	-0.19	0.54	-0.56	-0.24	0.08	-0.37	-0.38
Total Liab	0.56	0.67	0.55	0.3	-0.62	-0.3	0.63	0.3	-0.3	0.44	0.66	0.2		-0.26	-0.52	0.63	0.7	0.6	0.6	0.65	0.41	0.42	0.38	0.09	0.4	0.44
Total Current Assets	0.29	-0.2	0.3	-0.99	0.13	0.99	0.12	-0.24	0.99	0.02	0.09	0.25	-0.26		0.12	0.12	-0.19	0.21	0.17	0.07	0.08	-0.23	0.29	0.66	-0.29	0.16
Other Current Liab	-0.64	-0.14	-0.64	-0.17	0.64	0.17	-0.68	-0.21	0.17	0.05	-0.7	-0.22	-0.52	0.12		-0.68	-0.31	-0.62	-0.62	-0.62	-0.4	-0.35	-0.49	-0.3	-0.18	-0.45
Property Plant And Equipment Net	0.98	-0.02	0.98	-0.08	-0.82	0.08	1.0	0.1	0.08	0.16	0.98	-0.05	0.63	0.12	-0.68		0.12	0.97	0.97	0.97	0.34	0.56	0.91	0.63	0.33	0.83
Accounts Payable	0.08	0.91	0.07	0.25	-0.08	-0.25	0.12	0.39	-0.25	0.57	0.12	0.49	0.7	-0.19	-0.31	0.12		0.05	0.04	0.08	0.59	-0.12	-0.11	-0.13	-0.15	-0.11
Net Tangible Assets	0.97	-0.08	0.97	-0.18	-0.86	0.18	0.97	0.01	0.18	0.13	0.99	-0.16	0.6	0.21	-0.62	0.97	0.05		1.0	0.99	0.21	0.63	0.9	0.63	0.44	0.89
Common Stock	0.97	-0.09	0.97	-0.14	-0.88	0.14	0.97	-0.01	0.14	0.13	0.99	-0.17	0.6	0.17	-0.62	0.97	0.04	1.0		0.99	0.18	0.66	0.92	0.61	0.46	0.91
Property Plant Equipment	0.95	-0.05	0.94	-0.04	-0.87	0.04	0.97	0.06	0.04	0.15	0.99	-0.19	0.65	0.07	-0.62	0.97	0.08	0.99	0.99		0.23	0.65	0.87	0.55	0.49	0.88
Other Current Assets	0.33	0.52	0.33	0.03	0.04	-0.03	0.34	0.72	-0.03	0.55	0.25	0.54	0.41	0.08	-0.4	0.34	0.59	0.21	0.18	0.23		-0.43	0.1	0.33	-0.47	-0.14
Other Liab	0.51	-0.26	0.5	0.18	-0.88	-0.19	0.54	-0.22	-0.19	-0.15	0.63	-0.56	0.42	-0.23	-0.35	0.56	-0.12	0.63	0.66	0.65	-0.43		0.6	0.05	0.77	0.79
Net Invested Capital	0.93	-0.24	0.93	-0.28	-0.78	0.28	0.9	-0.15	0.28	0.11	0.87	-0.24	0.38	0.29	-0.49	0.91	-0.11	0.9	0.92	0.87	0.1	0.6		0.75	0.25	0.92
Net Working Capital	0.72	-0.19	0.72	-0.62	-0.29	0.62	0.63	-0.12	0.62	0.16	0.56	0.08	0.09	0.66	-0.3	0.63	-0.13	0.63	0.61	0.55	0.33	0.05	0.75		-0.16	0.56
Other Assets	0.27	-0.18	0.27	0.24	-0.59	-0.24	0.34	-0.11	-0.24	-0.26	0.45	-0.37	0.4	-0.29	-0.18	0.33	-0.15	0.44	0.46	0.49	-0.47	0.77	0.25	-0.16		0.52
Capital Stock	0.84	-0.24	0.84	-0.17	-0.89	0.17	0.83	-0.27	0.17	0.09	0.86	-0.38	0.44	0.16	-0.45	0.83	-0.11	0.89	0.91	0.88	-0.14	0.79	0.92	0.56	0.52

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Zephyr Minerals Account Relationship Matchups

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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