Zanaga Common Stock vs Common Stock Total Equity Analysis
ZIOC Stock | 3.96 0.01 0.25% |
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 Common Stock and its Common Stock Total Equity 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.
Common Stock vs Common Stock Total Equity
Common Stock vs Common Stock Total Equity Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Zanaga Iron Ore Common Stock account and Common Stock Total Equity. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Zanaga Iron's Common Stock and Common Stock Total Equity is 0.89. Overlapping area represents the amount of variation of Common Stock that can explain the historical movement of Common Stock Total Equity 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 Common Stock and Common Stock Total Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock of Zanaga Iron Ore are associated (or correlated) with its Common Stock Total Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Total Equity has no effect on the direction of Common Stock i.e., Zanaga Iron's Common Stock and Common Stock Total Equity go up and down completely randomly.
Correlation Coefficient | 0.89 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Common Stock
Common Stock Total Equity
The total value of common stock equity held by shareholders, representing their ownership interest in the company.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.