Zanaga Cash vs Property Plant And Equipment Net Analysis
ZIOC Stock | 4.00 0.16 4.17% |
Zanaga Iron financial indicator trend analysis is more than just analyzing Zanaga Iron Ore current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Zanaga Iron Ore is a good investment. Please check the relationship between Zanaga Iron Cash and its Property Plant And Equipment Net accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Zanaga Iron Ore. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
Cash vs Property Plant And Equipment Net
Cash vs Property Plant And Equipment Net Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Zanaga Iron Ore Cash account and Property Plant And Equipment Net. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Zanaga Iron's Cash and Property Plant And Equipment Net is -0.33. Overlapping area represents the amount of variation of Cash that can explain the historical movement of Property Plant And Equipment Net in the same time period over historical financial statements of Zanaga Iron Ore, assuming nothing else is changed. The correlation between historical values of Zanaga Iron's Cash and Property Plant And Equipment Net is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash of Zanaga Iron Ore are associated (or correlated) with its Property Plant And Equipment Net. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant And Equipment Net has no effect on the direction of Cash i.e., Zanaga Iron's Cash and Property Plant And Equipment Net go up and down completely randomly.
Correlation Coefficient | -0.33 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Cash
Cash refers to the most liquid asset of Zanaga Iron Ore, which is listed under current asset account on Zanaga Iron Ore balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Zanaga Iron customers. The amounts must be unrestricted with restricted cash listed in a different Zanaga Iron account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.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.Most indicators from Zanaga Iron's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Zanaga Iron Ore 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 Zanaga Iron Ore. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. Selling General Administrative is likely to drop to about 2.3 M in 2024. Issuance Of Capital Stock is likely to drop to about 677.2 K in 2024
Zanaga Iron fundamental ratios Correlations
Click cells to compare fundamentals
Zanaga Iron Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Zanaga Iron fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 38.3M | 37.8M | 37.9M | 86.4M | 88.0M | 88.5M | |
Total Current Liabilities | 175K | 184K | 153K | 1.1M | 2.1M | 2.2M | |
Total Stockholder Equity | 38.1M | 37.6M | 37.7M | 85.2M | 85.8M | 88.0M | |
Net Debt | (755K) | (352K) | (387K) | 190K | 901K | 946.1K | |
Retained Earnings | (232.8M) | (234.6M) | (236.5M) | (228.4M) | (231.1M) | (242.7M) | |
Accounts Payable | 175K | 184K | 153K | 279K | 423K | 320.2K | |
Cash | 755K | 352K | 387K | 310K | 899K | 854.1K | |
Non Current Assets Total | 37.5M | 37.4M | 37.3M | 86.0M | 85.9M | 77.7M | |
Non Currrent Assets Other | 37.5M | (37.5K) | (37.4K) | (37.3K) | (33.5K) | (31.9K) | |
Cash And Short Term Investments | 755K | 352K | 387K | 310K | 899K | 854.1K | |
Common Stock Shares Outstanding | 286.0M | 293.0M | 307.0M | 318.8M | 645.0M | 326.1M | |
Liabilities And Stockholders Equity | 38.3M | 37.8M | 37.9M | 86.4M | 88.0M | 88.5M | |
Non Current Liabilities Total | 175K | 184K | 153K | 104K | 93.6K | 88.9K | |
Other Current Assets | 48K | 58K | 233K | 113K | 1.2M | 1.3M | |
Total Liab | 175K | 184K | 153K | 1.2M | 2.2M | 2.3M | |
Total Current Assets | 803K | 410K | 620K | 423K | 2.1M | 2.0M | |
Common Stock | 267.6M | 268.9M | 270.9M | 313.7M | 317.0M | 295.7M | |
Accumulated Other Comprehensive Income | 3.3K | 3.3K | 3.3K | (69.0) | (69K) | (65.6K) | |
Net Tangible Assets | 39.4M | 38.1M | 37.6M | 37.7M | 34.0M | 51.3M | |
Net Invested Capital | 38.1M | 37.6M | 37.7M | 85.6M | 87.5M | 57.7M | |
Net Working Capital | 628K | 226K | 467K | (697K) | (27K) | (25.7K) | |
Capital Stock | 267.6M | 268.9M | 270.9M | 313.7M | 317.0M | 312.6M |
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When running Zanaga Iron's price analysis, check to measure Zanaga Iron's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Zanaga Iron is operating at the current time. Most of Zanaga Iron's value examination focuses on studying past and present price action to predict the probability of Zanaga Iron's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Zanaga Iron's price. Additionally, you may evaluate how the addition of Zanaga Iron to your portfolios can decrease your overall portfolio volatility.