Zinc Depreciation And Amortization vs Property Plant Equipment 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 Depreciation And Amortization and its Property Plant Equipment 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.

Depreciation And Amortization vs Property Plant Equipment

Depreciation And Amortization vs Property Plant Equipment Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Zinc Media Group Depreciation And Amortization account and Property Plant Equipment. At this time, the significance of the direction appears to have weak relationship.

The correlation between Zinc Media's Depreciation And Amortization and Property Plant Equipment is 0.33. Overlapping area represents the amount of variation of Depreciation And Amortization that can explain the historical movement of Property Plant Equipment 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 Depreciation And Amortization and Property Plant Equipment is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Depreciation And Amortization of Zinc Media Group are associated (or correlated) with its Property Plant Equipment. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant Equipment has no effect on the direction of Depreciation And Amortization i.e., Zinc Media's Depreciation And Amortization and Property Plant Equipment go up and down completely randomly.

Correlation Coefficient

0.33

Relationship Direction	Positive
Relationship Strength	Very Weak

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Depreciation And Amortization

The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.

Property Plant Equipment

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 Depreciation And Amortization vs Property Plant Equipment Analysis

Depreciation And Amortization vs Property Plant Equipment

Depreciation And Amortization vs Property Plant Equipment Correlation Analysis

Correlation Coefficient

Depreciation And Amortization

Property Plant Equipment

Zinc Media fundamental ratios Correlations

Zinc Media Account Relationship Matchups

High Positive Relationship

High Negative Relationship

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Other Information on Investing in Zinc Stock

COMMON DESTINATIONS

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COMPANY

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