Zinc Retained Earnings vs Cash And Short Term Investments 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 Retained Earnings 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 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.

Retained Earnings vs Cash And Short Term Investments

Retained Earnings 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 Zinc Media Group Retained Earnings account and Cash And Short Term Investments. At this time, the significance of the direction appears to have weak relationship.
The correlation between Zinc Media's Retained Earnings and Cash And Short Term Investments is 0.36. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Cash And Short Term Investments 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 Retained Earnings 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 Retained Earnings of Zinc Media Group 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 Retained Earnings i.e., Zinc Media's Retained Earnings and Cash And Short Term Investments go up and down completely randomly.

Correlation Coefficient

0.36
Relationship DirectionPositive 
Relationship StrengthVery Weak

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.

Cash And Short Term Investments

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