Zanaga Net Receivables vs Retained Earnings 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 Net Receivables and its Retained Earnings 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.

Net Receivables vs Retained Earnings

Net Receivables vs Retained Earnings Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Zanaga Iron Ore Net Receivables account and Retained Earnings. At this time, the significance of the direction appears to have weak contrarian relationship.

The correlation between Zanaga Iron's Net Receivables and Retained Earnings is -0.14. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Retained Earnings 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 Net Receivables and Retained Earnings is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Receivables of Zanaga Iron Ore are associated (or correlated) with its Retained Earnings. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Retained Earnings has no effect on the direction of Net Receivables i.e., Zanaga Iron's Net Receivables and Retained Earnings go up and down completely randomly.

Correlation Coefficient

-0.14

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Net Receivables

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.

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

	Total Assets	Total Current Liabilities	Total Stockholder Equity	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Common Stock Total Equity	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Common Stock	Other Current Liab	Property Plant And Equipment Net	Property Plant And Equipment Gross	Property Plant Equipment	Short Term Investments	Net Tangible Assets	Long Term Investments	Net Receivables
Total Assets		0.35	1.0	-0.81	0.96	0.76	0.82	0.99	0.91	0.82	-0.36	-0.22	0.76	-0.05	-0.28	0.33	0.82	-0.32	-0.35	-0.08	-0.07	0.75	0.79	0.97	0.97	-0.2
Total Current Liabilities	0.35		0.35	-0.17	0.1	0.54	0.2	0.34	0.02	0.2	0.53	0.59	0.31	0.81	-0.37	1.0	0.23	0.6	-0.5	0.79	0.82	0.26	0.22	0.14	0.17	-0.24
Total Stockholder Equity	1.0	0.35		-0.81	0.96	0.75	0.82	0.99	0.91	0.82	-0.36	-0.22	0.76	-0.05	-0.28	0.33	0.82	-0.33	-0.34	-0.09	-0.08	0.75	0.79	0.97	0.98	-0.2
Net Debt	-0.81	-0.17	-0.81		-0.8	-0.82	-1.0	-0.74	-0.77	-1.0	0.18	0.25	-0.91	0.22	0.4	-0.14	-1.0	0.27	0.4	0.37	0.36	-0.71	-0.73	-0.83	-0.82	0.04
Retained Earnings	0.96	0.1	0.96	-0.8		0.66	0.8	0.95	0.96	0.8	-0.57	-0.41	0.73	-0.26	-0.25	0.08	0.79	-0.57	-0.23	-0.32	-0.32	0.7	0.84	0.99	0.99	-0.14
Accounts Payable	0.76	0.54	0.75	-0.82	0.66		0.84	0.7	0.63	0.84	0.04	0.04	0.96	0.1	-0.4	0.52	0.84	0.01	-0.4	-0.02	0.01	0.83	0.68	0.7	0.7	-0.18
Cash	0.82	0.2	0.82	-1.0	0.8	0.84		0.74	0.77	1.0	-0.16	-0.22	0.91	-0.18	-0.42	0.18	1.0	-0.25	-0.42	-0.33	-0.32	0.71	0.73	0.83	0.82	-0.04
Non Current Assets Total	0.99	0.34	0.99	-0.74	0.95	0.7	0.74		0.9	0.74	-0.39	-0.21	0.7	-0.05	-0.24	0.33	0.75	-0.33	-0.3	-0.05	-0.04	0.73	0.76	0.96	0.96	-0.22
Non Currrent Assets Other	0.91	0.02	0.91	-0.77	0.96	0.63	0.77	0.9		0.77	-0.56	-0.45	0.71	-0.29	-0.04	0.0	0.76	-0.6	-0.28	-0.41	-0.4	0.79	0.72	0.96	0.96	-0.07
Cash And Short Term Investments	0.82	0.2	0.82	-1.0	0.8	0.84	1.0	0.74	0.77		-0.16	-0.22	0.91	-0.18	-0.42	0.18	1.0	-0.25	-0.42	-0.33	-0.32	0.71	0.73	0.83	0.82	-0.04
Common Stock Total Equity	-0.36	0.53	-0.36	0.18	-0.57	0.04	-0.16	-0.39	-0.56	-0.16		0.85	-0.12	0.65	0.0	0.54	-0.14	0.89	-0.31	0.54	0.58	-0.13	-0.53	-0.51	-0.5	-0.03
Common Stock Shares Outstanding	-0.22	0.59	-0.22	0.25	-0.41	0.04	-0.22	-0.21	-0.45	-0.22	0.85		-0.17	0.7	-0.07	0.6	-0.2	0.79	-0.27	0.63	0.66	-0.16	-0.38	-0.39	-0.38	-0.1
Non Current Liabilities Total	0.76	0.31	0.76	-0.91	0.73	0.96	0.91	0.7	0.71	0.91	-0.12	-0.17		-0.13	-0.38	0.28	0.91	-0.19	-0.32	-0.27	-0.25	0.84	0.73	0.77	0.77	-0.13
Other Current Assets	-0.05	0.81	-0.05	0.22	-0.26	0.1	-0.18	-0.05	-0.29	-0.18	0.65	0.7	-0.13		-0.1	0.81	-0.15	0.58	-0.54	0.75	0.79	-0.1	-0.14	-0.22	-0.2	0.08
Other Stockholder Equity	-0.28	-0.37	-0.28	0.4	-0.25	-0.4	-0.42	-0.24	-0.04	-0.42	0.0	-0.07	-0.38	-0.1		-0.36	-0.42	-0.06	0.15	-0.19	-0.17	0.11	-0.64	-0.23	-0.24	0.19
Total Liab	0.33	1.0	0.33	-0.14	0.08	0.52	0.18	0.33	0.0	0.18	0.54	0.6	0.28	0.81	-0.36		0.2	0.61	-0.48	0.81	0.84	0.24	0.2	0.12	0.14	-0.24
Total Current Assets	0.82	0.23	0.82	-1.0	0.79	0.84	1.0	0.75	0.76	1.0	-0.14	-0.2	0.91	-0.15	-0.42	0.2		-0.23	-0.43	-0.31	-0.3	0.72	0.73	0.83	0.82	-0.04
Common Stock	-0.32	0.6	-0.33	0.27	-0.57	0.01	-0.25	-0.33	-0.6	-0.25	0.89	0.79	-0.19	0.58	-0.06	0.61	-0.23		-0.15	0.77	0.77	-0.19	-0.51	-0.53	-0.51	-0.08
Other Current Liab	-0.35	-0.5	-0.34	0.4	-0.23	-0.4	-0.42	-0.3	-0.28	-0.42	-0.31	-0.27	-0.32	-0.54	0.15	-0.48	-0.43	-0.15		-0.18	-0.21	-0.32	-0.15	-0.27	-0.26	-0.24
Property Plant And Equipment Net	-0.08	0.79	-0.09	0.37	-0.32	-0.02	-0.33	-0.05	-0.41	-0.33	0.54	0.63	-0.27	0.75	-0.19	0.81	-0.31	0.77	-0.18		1.0	-0.24	-0.21	-0.31	-0.29	-0.18
Property Plant And Equipment Gross	-0.07	0.82	-0.08	0.36	-0.32	0.01	-0.32	-0.04	-0.4	-0.32	0.58	0.66	-0.25	0.79	-0.17	0.84	-0.3	0.77	-0.21	1.0		-0.2	-0.21	-0.3	-0.27	-0.2
Property Plant Equipment	0.75	0.26	0.75	-0.71	0.7	0.83	0.71	0.73	0.79	0.71	-0.13	-0.16	0.84	-0.1	0.11	0.24	0.72	-0.19	-0.32	-0.24	-0.2		0.46	0.74	0.74	-0.12
Short Term Investments	0.79	0.22	0.79	-0.73	0.84	0.68	0.73	0.76	0.72	0.73	-0.53	-0.38	0.73	-0.14	-0.64	0.2	0.73	-0.51	-0.15	-0.21	-0.21	0.46		0.82	0.82	-0.14
Net Tangible Assets	0.97	0.14	0.97	-0.83	0.99	0.7	0.83	0.96	0.96	0.83	-0.51	-0.39	0.77	-0.22	-0.23	0.12	0.83	-0.53	-0.27	-0.31	-0.3	0.74	0.82		1.0	-0.15
Long Term Investments	0.97	0.17	0.98	-0.82	0.99	0.7	0.82	0.96	0.96	0.82	-0.5	-0.38	0.77	-0.2	-0.24	0.14	0.82	-0.51	-0.26	-0.29	-0.27	0.74	0.82	1.0		-0.17
Net Receivables	-0.2	-0.24	-0.2	0.04	-0.14	-0.18	-0.04	-0.22	-0.07	-0.04	-0.03	-0.1	-0.13	0.08	0.19	-0.24	-0.04	-0.08	-0.24	-0.18	-0.2	-0.12	-0.14	-0.15	-0.17

Click cells to compare fundamentals

Zanaga Iron Account Relationship Matchups

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

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

V	Visa Class A
GOOG	Alphabet Inc Class C
GOOG	Alphabet Inc Class C

Additional Tools for Zanaga Stock Analysis

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.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

Zanaga Net Receivables vs Retained Earnings Analysis

Net Receivables vs Retained Earnings

Net Receivables vs Retained Earnings Correlation Analysis

Correlation Coefficient

Net Receivables

Retained Earnings

Zanaga Iron fundamental ratios Correlations

Zanaga Iron Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Zanaga Iron fundamental ratios Accounts

Also Currently Popular

Additional Tools for Zanaga Stock Analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Stockholder Equity	+ 1.0	Total Assets
Total Liab	+ 1.0	Total Current Liabilities
Cash And Short Term Investments	+ 1.0	Cash
Total Current Assets	+ 1.0	Cash
Total Current Assets	+ 1.0	Cash And Short Term Investments
Property Plant And Equipment Gross	+ 1.0	Property Plant And Equipment Net

Total Current Assets	- 1.0	Net Debt
Cash And Short Term Investments	- 1.0	Net Debt
Cash	- 1.0	Net Debt
Non Current Liabilities Total	- 0.91	Net Debt
Net Tangible Assets	- 0.83	Net Debt
Long Term Investments	- 0.82	Net Debt