Zanaga Other Stockholder Equity vs Net Receivables 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 Other Stockholder Equity and its Net Receivables 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.
Other Stockholder Equity vs Net Receivables
Other Stockholder Equity vs Net Receivables Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Zanaga Iron Ore Other Stockholder Equity account and Net Receivables. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Zanaga Iron's Other Stockholder Equity and Net Receivables is 0.19. Overlapping area represents the amount of variation of Other Stockholder Equity that can explain the historical movement of Net Receivables 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 Other Stockholder Equity and Net Receivables is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Stockholder Equity of Zanaga Iron Ore are associated (or correlated) with its Net Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Receivables has no effect on the direction of Other Stockholder Equity i.e., Zanaga Iron's Other Stockholder Equity and Net Receivables go up and down completely randomly.
Correlation Coefficient | 0.19 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
Other Stockholder Equity
Net Receivables
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
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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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