ZincX Common Stock vs Other Assets Analysis

ZNX Stock

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ZincX Resources financial indicator trend analysis is more than just analyzing ZincX Resources Corp current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether ZincX Resources Corp is a good investment. Please check the relationship between ZincX Resources Common Stock and its Other Assets accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in ZincX Resources Corp. 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 Other Assets

Common Stock vs Other Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of ZincX Resources Corp Common Stock account and Other Assets. At this time, the significance of the direction appears to have pay attention.

The correlation between ZincX Resources' Common Stock and Other Assets is -0.83. Overlapping area represents the amount of variation of Common Stock that can explain the historical movement of Other Assets in the same time period over historical financial statements of ZincX Resources Corp, assuming nothing else is changed. The correlation between historical values of ZincX Resources' Common Stock and Other Assets 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 ZincX Resources Corp are associated (or correlated) with its Other Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Assets has no effect on the direction of Common Stock i.e., ZincX Resources' Common Stock and Other Assets go up and down completely randomly.

Correlation Coefficient

-0.83

Relationship Direction	Negative
Relationship Strength	Significant

View All Relationships

Common Stock

Other Assets

Most indicators from ZincX Resources' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into ZincX Resources Corp 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 ZincX Resources Corp. 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 climb to about 1.1 M in 2025, whereas Tax Provision is likely to drop (24.1 K) in 2025.

	2022	2023	2024	2025 (projected)
Interest Income	33.7K	64.5K	58.0K	49.1K
Net Interest Income	33.7K	62.5K	56.3K	46.3K

Interest Income Net Interest Income

ZincX Resources fundamental ratios Correlations

	Other Current Liab	Total Current Liabilities	Other Liab	Net Tangible Assets	Retained Earnings	Accounts Payable	Other Assets	Net Receivables	Other Stockholder Equity	Total Current Assets	Common Stock	Property Plant Equipment	Total Assets	Total Stockholder Equity	Cash	Non Current Assets Total	Common Stock Shares Outstanding	Short Term Investments	Non Current Liabilities Total	Total Liab	Net Invested Capital	Net Working Capital	Capital Stock	Property Plant And Equipment Net	Long Term Debt	Property Plant And Equipment Gross
Other Current Liab		1.0	-0.56	-0.21	-0.61	-0.88	-0.82	-0.02	0.85	-0.79	0.7	0.77	-0.52	-0.53	-0.72	-0.43	0.72	-0.89	-0.42	0.03	-0.53	-0.89	0.45	-0.5	0.7	-0.52
Total Current Liabilities	1.0		-0.58	-0.24	-0.6	-0.87	-0.83	-0.01	0.86	-0.79	0.71	0.78	-0.52	-0.53	-0.72	-0.44	0.72	-0.89	-0.42	0.04	-0.53	-0.89	0.47	-0.5	0.69	-0.51
Other Liab	-0.56	-0.58		0.54	0.49	0.51	0.93	-0.37	-0.75	0.52	-0.74	-0.66	0.52	0.52	0.69	0.47	-0.56	0.54	0.47	0.29	0.52	0.62	-0.57	0.5	-0.5	0.4
Net Tangible Assets	-0.21	-0.24	0.54		0.53	0.23	0.51	0.33	-0.54	0.49	-0.71	-0.65	0.66	0.66	0.36	0.66	-0.64	0.34	0.64	0.36	0.66	0.42	-0.83	0.66	-0.62	0.49
Retained Earnings	-0.61	-0.6	0.49	0.53		0.57	0.64	0.28	-0.72	0.78	-0.71	-0.76	0.98	0.98	0.63	0.96	-0.86	0.67	0.96	0.71	0.98	0.75	-0.64	0.98	-0.85	0.98
Accounts Payable	-0.88	-0.87	0.51	0.23	0.57		0.75	0.24	-0.76	0.82	-0.59	-0.68	0.48	0.5	0.73	0.39	-0.63	0.91	0.39	-0.04	0.49	0.88	-0.34	0.46	-0.65	0.45
Other Assets	-0.82	-0.83	0.93	0.51	0.64	0.75		-0.19	-0.91	0.75	-0.83	-0.82	0.62	0.63	0.83	0.55	-0.73	0.78	0.55	0.21	0.63	0.84	-0.61	0.6	-0.68	0.53
Net Receivables	-0.02	-0.01	-0.37	0.33	0.28	0.24	-0.19		-0.09	0.41	-0.1	-0.22	0.3	0.3	0.08	0.29	-0.29	0.34	0.28	0.09	0.3	0.24	-0.23	0.3	-0.32	0.29
Other Stockholder Equity	0.85	0.86	-0.75	-0.54	-0.72	-0.76	-0.91	-0.09		-0.87	0.94	0.97	-0.7	-0.71	-0.86	-0.63	0.9	-0.89	-0.62	-0.29	-0.71	-0.91	0.77	-0.68	0.84	-0.66
Total Current Assets	-0.79	-0.79	0.52	0.49	0.78	0.82	0.75	0.41	-0.87		-0.74	-0.86	0.73	0.74	0.88	0.65	-0.83	0.93	0.65	0.26	0.74	0.98	-0.59	0.71	-0.83	0.69
Common Stock	0.7	0.71	-0.74	-0.71	-0.71	-0.59	-0.83	-0.1	0.94	-0.74		0.98	-0.75	-0.76	-0.69	-0.71	0.94	-0.72	-0.69	-0.41	-0.76	-0.76	0.94	-0.74	0.88	-0.7
Property Plant Equipment	0.77	0.78	-0.66	-0.65	-0.76	-0.68	-0.82	-0.22	0.97	-0.86	0.98		-0.77	-0.78	-0.77	-0.71	0.97	-0.83	-0.7	-0.38	-0.77	-0.86	0.88	-0.75	0.92	-0.74
Total Assets	-0.52	-0.52	0.52	0.66	0.98	0.48	0.62	0.3	-0.7	0.73	-0.75	-0.77		1.0	0.58	0.99	-0.87	0.6	0.99	0.75	1.0	0.69	-0.74	1.0	-0.85	0.97
Total Stockholder Equity	-0.53	-0.53	0.52	0.66	0.98	0.5	0.63	0.3	-0.71	0.74	-0.76	-0.78	1.0		0.58	0.99	-0.87	0.61	0.99	0.74	1.0	0.7	-0.74	1.0	-0.86	0.97
Cash	-0.72	-0.72	0.69	0.36	0.63	0.73	0.83	0.08	-0.86	0.88	-0.69	-0.77	0.58	0.58		0.49	-0.67	0.85	0.5	0.25	0.58	0.9	-0.46	0.55	-0.62	0.53
Non Current Assets Total	-0.43	-0.44	0.47	0.66	0.96	0.39	0.55	0.29	-0.63	0.65	-0.71	-0.71	0.99	0.99	0.49		-0.83	0.51	1.0	0.79	0.99	0.6	-0.73	1.0	-0.81	0.97
Common Stock Shares Outstanding	0.72	0.72	-0.56	-0.64	-0.86	-0.63	-0.73	-0.29	0.9	-0.83	0.94	0.97	-0.87	-0.87	-0.67	-0.83		-0.77	-0.82	-0.52	-0.87	-0.81	0.89	-0.86	0.96	-0.86
Short Term Investments	-0.89	-0.89	0.54	0.34	0.67	0.91	0.78	0.34	-0.89	0.93	-0.72	-0.83	0.6	0.61	0.85	0.51	-0.77		0.51	0.1	0.61	0.96	-0.51	0.58	-0.73	0.58
Non Current Liabilities Total	-0.42	-0.42	0.47	0.64	0.96	0.39	0.55	0.28	-0.62	0.65	-0.69	-0.7	0.99	0.99	0.5	1.0	-0.82	0.51		0.82	0.99	0.6	-0.71	0.99	-0.8	0.97
Total Liab	0.03	0.04	0.29	0.36	0.71	-0.04	0.21	0.09	-0.29	0.26	-0.41	-0.38	0.75	0.74	0.25	0.79	-0.52	0.1	0.82		0.74	0.19	-0.48	0.76	-0.48	0.79
Net Invested Capital	-0.53	-0.53	0.52	0.66	0.98	0.49	0.63	0.3	-0.71	0.74	-0.76	-0.77	1.0	1.0	0.58	0.99	-0.87	0.61	0.99	0.74		0.7	-0.74	1.0	-0.86	0.97
Net Working Capital	-0.89	-0.89	0.62	0.42	0.75	0.88	0.84	0.24	-0.91	0.98	-0.76	-0.86	0.69	0.7	0.9	0.6	-0.81	0.96	0.6	0.19	0.7		-0.55	0.67	-0.81	0.65
Capital Stock	0.45	0.47	-0.57	-0.83	-0.64	-0.34	-0.61	-0.23	0.77	-0.59	0.94	0.88	-0.74	-0.74	-0.46	-0.73	0.89	-0.51	-0.71	-0.48	-0.74	-0.55		-0.73	0.83	-0.68
Property Plant And Equipment Net	-0.5	-0.5	0.5	0.66	0.98	0.46	0.6	0.3	-0.68	0.71	-0.74	-0.75	1.0	1.0	0.55	1.0	-0.86	0.58	0.99	0.76	1.0	0.67	-0.73		-0.84	0.97
Long Term Debt	0.7	0.69	-0.5	-0.62	-0.85	-0.65	-0.68	-0.32	0.84	-0.83	0.88	0.92	-0.85	-0.86	-0.62	-0.81	0.96	-0.73	-0.8	-0.48	-0.86	-0.81	0.83	-0.84		-0.83
Property Plant And Equipment Gross	-0.52	-0.51	0.4	0.49	0.98	0.45	0.53	0.29	-0.66	0.69	-0.7	-0.74	0.97	0.97	0.53	0.97	-0.86	0.58	0.97	0.79	0.97	0.65	-0.68	0.97	-0.83

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ZincX Resources Account Relationship Matchups

ZincX Resources fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Other Current Liab	621.8K	1.4M	2.0M	1.4M	1.6M	1.1M
Total Current Liabilities	2.1M	1.5M	1.5M	1.5M	1.7M	1.3M
Other Liab	1.6M	1.8M	1.8M	1.8M	1.6M	1.4M
Net Tangible Assets	76.5M	75.7M	76.4M	75.5M	68.0M	61.0M
Retained Earnings	(42.1M)	(42.9M)	(94.9M)	(95.7M)	(86.2M)	(81.9M)
Accounts Payable	24.4K	10.0K	11.5K	35.9K	32.3K	28.3K
Net Receivables	32.8K	8.7K	51.4K	9.2K	8.3K	7.9K
Other Stockholder Equity	14.9M	15.1M	15.1M	15.1M	17.4M	15.9M
Total Current Assets	3.2M	875.5K	1.3M	717.9K	646.1K	613.8K
Common Stock	101.8M	101.9M	103.3M	103.3M	118.8M	111.5M
Property Plant Equipment	75.0M	76.0M	76.8M	77.6M	89.3M	81.7M
Total Assets	80.3M	78.8M	26.1M	25.5M	22.9M	21.8M
Total Stockholder Equity	76.4M	75.5M	24.6M	24.0M	21.6M	20.5M
Cash	3.1M	804.8K	1.3M	688.6K	619.7K	588.7K
Non Current Assets Total	77.1M	77.9M	24.8M	24.8M	22.3M	21.2M
Common Stock Shares Outstanding	170.3M	177.9M	177.9M	187.9M	216.1M	192.5M
Non Current Liabilities Total	1.6M	1.8M	1.8M	1.8M	38.1K	0.0
Total Liab	3.9M	3.3M	1.5M	1.5M	1.3M	2.1M
Net Invested Capital	76.4M	75.6M	24.6M	24.0M	21.6M	20.5M
Net Working Capital	1.1M	(589.1K)	(158.2K)	(757.2K)	(681.5K)	(647.4K)
Capital Stock	101.9M	103.3M	103.3M	104.3M	120.0M	113.3M
Property Plant And Equipment Net	76.8M	77.6M	24.5M	24.4M	22.0M	20.9M
Property Plant And Equipment Gross	77.8M	78.7M	25.5M	25.5M	23.0M	45.5M

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