Zanaga Common Stock Shares Outstanding vs Total Current Liabilities 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 Common Stock Shares Outstanding and its Total Current Liabilities 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 Shares Outstanding vs Total Current Liabilities
Common Stock Shares Outstanding vs Total Current Liabilities Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Zanaga Iron Ore Common Stock Shares Outstanding account and Total Current Liabilities. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Zanaga Iron's Common Stock Shares Outstanding and Total Current Liabilities is 0.59. Overlapping area represents the amount of variation of Common Stock Shares Outstanding that can explain the historical movement of Total Current Liabilities 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 Shares Outstanding and Total Current Liabilities 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 Shares Outstanding of Zanaga Iron Ore are associated (or correlated) with its Total Current Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Liabilities has no effect on the direction of Common Stock Shares Outstanding i.e., Zanaga Iron's Common Stock Shares Outstanding and Total Current Liabilities go up and down completely randomly.
Correlation Coefficient | 0.59 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Common Stock Shares Outstanding
The total number of shares of a company's common stock that are currently owned by all its shareholders.Total Current Liabilities
Total Current Liabilities is an item on Zanaga Iron balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Zanaga Iron Ore are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.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.