Zinc Income Tax Expense vs Net Income Analysis

ZIN Stock

57.00 4.00 6.56%

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 Income Tax Expense and its Net Income 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.

Income Tax Expense vs Net Income

Income Tax Expense vs Net Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Zinc Media Group Income Tax Expense account and Net Income. At this time, the significance of the direction appears to have weak contrarian relationship.

The correlation between Zinc Media's Income Tax Expense and Net Income is -0.01. Overlapping area represents the amount of variation of Income Tax Expense that can explain the historical movement of Net Income 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 Income Tax Expense and Net Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Income Tax Expense of Zinc Media Group are associated (or correlated) with its Net Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income has no effect on the direction of Income Tax Expense i.e., Zinc Media's Income Tax Expense and Net Income go up and down completely randomly.

Correlation Coefficient

-0.01

Relationship Direction	Negative
Relationship Strength	Insignificant

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Income Tax Expense

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in Zinc Media Group financial statement analysis. It represents the amount of money remaining after all of Zinc Media Group operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.

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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Zinc Media Account Relationship Matchups

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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 Income Tax Expense vs Net Income Analysis

Income Tax Expense vs Net Income

Income Tax Expense vs Net Income Correlation Analysis

Correlation Coefficient

Income Tax Expense

Net Income

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

MAIN CATEGORIES

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