Zinc Accounts Payable vs Non Current Liabilities Total Analysis

ZIN Stock

50.00 1.00 2.04%

Zinc Media financial indicator trend analysis is more than just analyzing Zinc Media Group current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Zinc Media Group is a good investment. Please check the relationship between Zinc Media Accounts Payable and its Non Current Liabilities Total accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Zinc Media Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.

Accounts Payable vs Non Current Liabilities Total

Accounts Payable vs Non Current Liabilities Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Zinc Media Group Accounts Payable account and Non Current Liabilities Total. At this time, the significance of the direction appears to have very strong relationship.

The correlation between Zinc Media's Accounts Payable and Non Current Liabilities Total is 0.86. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Non Current Liabilities Total in the same time period over historical financial statements of Zinc Media Group, assuming nothing else is changed. The correlation between historical values of Zinc Media's Accounts Payable and Non Current Liabilities Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Accounts Payable of Zinc Media Group are associated (or correlated) with its Non Current Liabilities Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Liabilities Total has no effect on the direction of Accounts Payable i.e., Zinc Media's Accounts Payable and Non Current Liabilities Total go up and down completely randomly.

Correlation Coefficient

0.86

Relationship Direction	Positive
Relationship Strength	Strong

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Accounts Payable

An accounting item on the balance sheet that represents Zinc Media obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Zinc Media Group are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.

Non Current Liabilities Total

Most indicators from Zinc Media's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Zinc Media Group 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 Zinc Media Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.

At present, Zinc Media's Tax Provision is projected to decrease significantly based on the last few years of reporting.

	2021	2022	2023	2024 (projected)
Interest Expense	241K	390K	776K	814.8K
Depreciation And Amortization	1.5M	1.7M	1.9M	1.6M

Interest Expense Depreciation And Amortization

Zinc Media fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Common Stock Total Equity	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Common Stock	Net Receivables	Property Plant Equipment
Total Assets		-0.32	0.54	0.43	0.66	0.63	-0.42	0.58	-0.43	0.41	0.7	-0.12	0.42	-0.67	0.81	-0.35	-0.53	-0.01	-0.16	0.41	0.78	0.95	-0.31	-0.72	0.94	0.74
Short Long Term Debt Total	-0.32		0.26	0.11	-0.81	-0.42	0.93	-0.05	0.76	-0.52	0.13	-0.17	-0.61	0.25	-0.42	0.93	0.93	-0.29	-0.62	0.6	-0.43	-0.42	0.93	0.3	-0.33	-0.43
Other Current Liab	0.54	0.26		0.29	-0.07	-0.03	0.24	0.55	0.25	-0.15	0.63	0.14	-0.21	-0.12	0.4	0.22	0.14	-0.26	-0.4	0.75	0.17	0.55	0.35	-0.43	0.52	0.13
Total Current Liabilities	0.43	0.11	0.29		-0.08	0.09	0.07	0.37	0.02	-0.09	0.42	0.12	-0.04	-0.22	0.47	-0.01	-0.11	-0.24	-0.04	0.62	0.27	0.42	0.29	-0.38	0.49	0.24
Total Stockholder Equity	0.66	-0.81	-0.07	-0.08		0.78	-0.9	0.35	-0.87	0.76	0.12	-0.1	0.81	-0.67	0.65	-0.82	-0.89	0.26	0.21	-0.41	0.79	0.7	-0.86	-0.6	0.57	0.79
Property Plant And Equipment Net	0.63	-0.42	-0.03	0.09	0.78		-0.67	0.59	-0.83	0.87	0.09	-0.4	0.88	-0.96	0.65	-0.56	-0.62	-0.18	-0.31	-0.19	0.93	0.64	-0.49	-0.75	0.43	0.93
Net Debt	-0.42	0.93	0.24	0.07	-0.9	-0.67		-0.23	0.92	-0.79	0.15	0.02	-0.85	0.54	-0.54	0.95	0.94	-0.17	-0.34	0.59	-0.67	-0.51	0.91	0.49	-0.33	-0.69
Retained Earnings	0.58	-0.05	0.55	0.37	0.35	0.59	-0.23		-0.38	0.37	0.36	-0.01	0.36	-0.7	0.77	-0.24	-0.31	-0.28	-0.42	0.28	0.7	0.68	0.02	-0.95	0.45	0.63
Accounts Payable	-0.43	0.76	0.25	0.02	-0.87	-0.83	0.92	-0.38		-0.87	0.18	0.03	-0.92	0.75	-0.59	0.86	0.86	0.05	-0.08	0.54	-0.81	-0.5	0.77	0.61	-0.29	-0.84
Cash	0.41	-0.52	-0.15	-0.09	0.76	0.87	-0.79	0.37	-0.87		-0.2	-0.4	0.99	-0.8	0.44	-0.67	-0.61	-0.07	-0.22	-0.43	0.79	0.44	-0.58	-0.55	0.16	0.84
Non Current Assets Total	0.7	0.13	0.63	0.42	0.12	0.09	0.15	0.36	0.18	-0.2		0.0	-0.2	-0.2	0.42	0.22	-0.02	0.02	-0.21	0.7	0.26	0.52	0.15	-0.33	0.69	0.19
Non Currrent Assets Other	-0.12	-0.17	0.14	0.12	-0.1	-0.4	0.02	-0.01	0.03	-0.4	0.0		-0.35	0.34	0.19	-0.17	-0.14	-0.03	0.32	-0.03	-0.18	-0.04	0.05	0.01	0.06	-0.2
Cash And Short Term Investments	0.42	-0.61	-0.21	-0.04	0.81	0.88	-0.85	0.36	-0.92	0.99	-0.2	-0.35		-0.79	0.48	-0.75	-0.71	-0.03	-0.09	-0.47	0.8	0.47	-0.66	-0.56	0.21	0.85
Common Stock Total Equity	-0.67	0.25	-0.12	-0.22	-0.67	-0.96	0.54	-0.7	0.75	-0.8	-0.2	0.34	-0.79		-0.73	0.44	0.5	0.29	0.49	-0.01	-0.96	-0.66	0.3	0.82	-0.46	-0.96
Common Stock Shares Outstanding	0.81	-0.42	0.4	0.47	0.65	0.65	-0.54	0.77	-0.59	0.44	0.42	0.19	0.48	-0.73		-0.58	-0.66	-0.11	-0.13	0.19	0.85	0.87	-0.31	-0.9	0.77	0.81
Non Current Liabilities Total	-0.35	0.93	0.22	-0.01	-0.82	-0.56	0.95	-0.24	0.86	-0.67	0.22	-0.17	-0.75	0.44	-0.58		0.93	-0.19	-0.42	0.57	-0.59	-0.49	0.83	0.49	-0.32	-0.61
Inventory	-0.53	0.93	0.14	-0.11	-0.89	-0.62	0.94	-0.31	0.86	-0.61	-0.02	-0.14	-0.71	0.5	-0.66	0.93		-0.13	-0.44	0.44	-0.67	-0.63	0.88	0.57	-0.51	-0.66
Other Current Assets	-0.01	-0.29	-0.26	-0.24	0.26	-0.18	-0.17	-0.28	0.05	-0.07	0.02	-0.03	-0.03	0.29	-0.11	-0.19	-0.13		0.56	-0.34	-0.19	0.0	-0.32	0.21	0.08	-0.18
Other Stockholder Equity	-0.16	-0.62	-0.4	-0.04	0.21	-0.31	-0.34	-0.42	-0.08	-0.22	-0.21	0.32	-0.09	0.49	-0.13	-0.42	-0.44	0.56		-0.45	-0.31	-0.04	-0.55	0.28	0.07	-0.32
Total Liab	0.41	0.6	0.75	0.62	-0.41	-0.19	0.59	0.28	0.54	-0.43	0.7	-0.03	-0.47	-0.01	0.19	0.57	0.44	-0.34	-0.45		-0.02	0.3	0.67	-0.14	0.45	-0.06
Property Plant And Equipment Gross	0.78	-0.43	0.17	0.27	0.79	0.93	-0.67	0.7	-0.81	0.79	0.26	-0.18	0.8	-0.96	0.85	-0.59	-0.67	-0.19	-0.31	-0.02		0.78	-0.44	-0.87	0.6	0.99
Total Current Assets	0.95	-0.42	0.55	0.42	0.7	0.64	-0.51	0.68	-0.5	0.44	0.52	-0.04	0.47	-0.66	0.87	-0.49	-0.63	0.0	-0.04	0.3	0.78		-0.38	-0.82	0.92	0.74
Short Term Debt	-0.31	0.93	0.35	0.29	-0.86	-0.49	0.91	0.02	0.77	-0.58	0.15	0.05	-0.66	0.3	-0.31	0.83	0.88	-0.32	-0.55	0.67	-0.44	-0.38		0.24	-0.29	-0.45
Common Stock	-0.72	0.3	-0.43	-0.38	-0.6	-0.75	0.49	-0.95	0.61	-0.55	-0.33	0.01	-0.56	0.82	-0.9	0.49	0.57	0.21	0.28	-0.14	-0.87	-0.82	0.24		-0.6	-0.81
Net Receivables	0.94	-0.33	0.52	0.49	0.57	0.43	-0.33	0.45	-0.29	0.16	0.69	0.06	0.21	-0.46	0.77	-0.32	-0.51	0.08	0.07	0.45	0.6	0.92	-0.29	-0.6		0.55
Property Plant Equipment	0.74	-0.43	0.13	0.24	0.79	0.93	-0.69	0.63	-0.84	0.84	0.19	-0.2	0.85	-0.96	0.81	-0.61	-0.66	-0.18	-0.32	-0.06	0.99	0.74	-0.45	-0.81	0.55

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Other Information on Investing in Zinc Stock

Balance Sheet is a snapshot of the financial position of Zinc Media Group at a specified time, usually calculated after every quarter, six months, or one year. Zinc Media Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Zinc Media and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Zinc currently owns. An asset can also be divided into two categories, current and non-current.

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Zinc Accounts Payable vs Non Current Liabilities Total Analysis

Accounts Payable vs Non Current Liabilities Total

Accounts Payable vs Non Current Liabilities Total Correlation Analysis

Correlation Coefficient

Accounts Payable

Non Current Liabilities Total

Zinc Media fundamental ratios Correlations

Zinc Media Account Relationship Matchups

High Positive Relationship

High Negative Relationship

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Cash And Short Term Investments	+ 0.99	Cash
Property Plant Equipment	+ 0.99	Property Plant And Equipment Gross
Total Current Assets	+ 0.95	Total Assets
Non Current Liabilities Total	+ 0.95	Net Debt
Net Receivables	+ 0.94	Total Assets
Inventory	+ 0.94	Net Debt

Property Plant Equipment	- 0.96	Common Stock Total Equity
Property Plant And Equipment Gross	- 0.96	Common Stock Total Equity
Common Stock Total Equity	- 0.96	Property Plant And Equipment Net
Common Stock	- 0.95	Retained Earnings
Cash And Short Term Investments	- 0.92	Accounts Payable
Common Stock	- 0.9	Common Stock Shares Outstanding