Zinc Property Plant And Equipment Net vs Total Liab 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 Property Plant And Equipment Net and its Total Liab 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.

Property Plant And Equipment Net vs Total Liab

Property Plant And Equipment Net vs Total Liab Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Zinc Media Group Property Plant And Equipment Net account and Total Liab. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Zinc Media's Property Plant And Equipment Net and Total Liab is -0.19. Overlapping area represents the amount of variation of Property Plant And Equipment Net that can explain the historical movement of Total Liab 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 Property Plant And Equipment Net and Total Liab is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant And Equipment Net of Zinc Media Group are associated (or correlated) with its Total Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Liab has no effect on the direction of Property Plant And Equipment Net i.e., Zinc Media's Property Plant And Equipment Net and Total Liab go up and down completely randomly.

Correlation Coefficient

-0.19
Relationship DirectionNegative 
Relationship StrengthInsignificant

Property Plant And Equipment Net

The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.

Total Liab

The total amount of all liabilities that a company has, including both short-term and long-term liabilities.
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 Expense241K390K776K814.8K
Depreciation And Amortization1.5M1.7M1.9M1.6M

Zinc Media fundamental ratios Correlations

-0.320.540.430.660.63-0.420.58-0.430.410.7-0.120.42-0.670.81-0.35-0.53-0.01-0.160.410.780.95-0.31-0.720.940.74
-0.320.260.11-0.81-0.420.93-0.050.76-0.520.13-0.17-0.610.25-0.420.930.93-0.29-0.620.6-0.43-0.420.930.3-0.33-0.43
0.540.260.29-0.07-0.030.240.550.25-0.150.630.14-0.21-0.120.40.220.14-0.26-0.40.750.170.550.35-0.430.520.13
0.430.110.29-0.080.090.070.370.02-0.090.420.12-0.04-0.220.47-0.01-0.11-0.24-0.040.620.270.420.29-0.380.490.24
0.66-0.81-0.07-0.080.78-0.90.35-0.870.760.12-0.10.81-0.670.65-0.82-0.890.260.21-0.410.790.7-0.86-0.60.570.79
0.63-0.42-0.030.090.78-0.670.59-0.830.870.09-0.40.88-0.960.65-0.56-0.62-0.18-0.31-0.190.930.64-0.49-0.750.430.93
-0.420.930.240.07-0.9-0.67-0.230.92-0.790.150.02-0.850.54-0.540.950.94-0.17-0.340.59-0.67-0.510.910.49-0.33-0.69
0.58-0.050.550.370.350.59-0.23-0.380.370.36-0.010.36-0.70.77-0.24-0.31-0.28-0.420.280.70.680.02-0.950.450.63
-0.430.760.250.02-0.87-0.830.92-0.38-0.870.180.03-0.920.75-0.590.860.860.05-0.080.54-0.81-0.50.770.61-0.29-0.84
0.41-0.52-0.15-0.090.760.87-0.790.37-0.87-0.2-0.40.99-0.80.44-0.67-0.61-0.07-0.22-0.430.790.44-0.58-0.550.160.84
0.70.130.630.420.120.090.150.360.18-0.20.0-0.2-0.20.420.22-0.020.02-0.210.70.260.520.15-0.330.690.19
-0.12-0.170.140.12-0.1-0.40.02-0.010.03-0.40.0-0.350.340.19-0.17-0.14-0.030.32-0.03-0.18-0.040.050.010.06-0.2
0.42-0.61-0.21-0.040.810.88-0.850.36-0.920.99-0.2-0.35-0.790.48-0.75-0.71-0.03-0.09-0.470.80.47-0.66-0.560.210.85
-0.670.25-0.12-0.22-0.67-0.960.54-0.70.75-0.8-0.20.34-0.79-0.730.440.50.290.49-0.01-0.96-0.660.30.82-0.46-0.96
0.81-0.420.40.470.650.65-0.540.77-0.590.440.420.190.48-0.73-0.58-0.66-0.11-0.130.190.850.87-0.31-0.90.770.81
-0.350.930.22-0.01-0.82-0.560.95-0.240.86-0.670.22-0.17-0.750.44-0.580.93-0.19-0.420.57-0.59-0.490.830.49-0.32-0.61
-0.530.930.14-0.11-0.89-0.620.94-0.310.86-0.61-0.02-0.14-0.710.5-0.660.93-0.13-0.440.44-0.67-0.630.880.57-0.51-0.66
-0.01-0.29-0.26-0.240.26-0.18-0.17-0.280.05-0.070.02-0.03-0.030.29-0.11-0.19-0.130.56-0.34-0.190.0-0.320.210.08-0.18
-0.16-0.62-0.4-0.040.21-0.31-0.34-0.42-0.08-0.22-0.210.32-0.090.49-0.13-0.42-0.440.56-0.45-0.31-0.04-0.550.280.07-0.32
0.410.60.750.62-0.41-0.190.590.280.54-0.430.7-0.03-0.47-0.010.190.570.44-0.34-0.45-0.020.30.67-0.140.45-0.06
0.78-0.430.170.270.790.93-0.670.7-0.810.790.26-0.180.8-0.960.85-0.59-0.67-0.19-0.31-0.020.78-0.44-0.870.60.99
0.95-0.420.550.420.70.64-0.510.68-0.50.440.52-0.040.47-0.660.87-0.49-0.630.0-0.040.30.78-0.38-0.820.920.74
-0.310.930.350.29-0.86-0.490.910.020.77-0.580.150.05-0.660.3-0.310.830.88-0.32-0.550.67-0.44-0.380.24-0.29-0.45
-0.720.3-0.43-0.38-0.6-0.750.49-0.950.61-0.55-0.330.01-0.560.82-0.90.490.570.210.28-0.14-0.87-0.820.24-0.6-0.81
0.94-0.330.520.490.570.43-0.330.45-0.290.160.690.060.21-0.460.77-0.32-0.510.080.070.450.60.92-0.29-0.60.55
0.74-0.430.130.240.790.93-0.690.63-0.840.840.19-0.20.85-0.960.81-0.61-0.66-0.18-0.32-0.060.990.74-0.45-0.810.55
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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.