ZincX Property Plant And Equipment Net vs Net Invested Capital Analysis

ZNX Stock

CAD 0.08 0.01 11.11%

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 Property Plant And Equipment Net and its Net Invested Capital 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.

Property Plant And Equipment Net vs Net Invested Capital

Property Plant And Equipment Net vs Net Invested Capital Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of ZincX Resources Corp Property Plant And Equipment Net account and Net Invested Capital. At this time, the significance of the direction appears to have totally related.

The correlation between ZincX Resources' Property Plant And Equipment Net and Net Invested Capital is 1.0. Overlapping area represents the amount of variation of Property Plant And Equipment Net that can explain the historical movement of Net Invested Capital 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' Property Plant And Equipment Net and Net Invested Capital is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant And Equipment Net of ZincX Resources Corp are associated (or correlated) with its Net Invested Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Invested Capital has no effect on the direction of Property Plant And Equipment Net i.e., ZincX Resources' Property Plant And Equipment Net and Net Invested Capital go up and down completely randomly.

Correlation Coefficient

1.0

Relationship Direction	Positive
Relationship Strength	Very Strong

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Property Plant And Equipment Net

The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.

Net Invested Capital

The total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents.

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.

Tax Provision is likely to drop to about (24.1 K) in 2024. Selling General Administrative is likely to drop to about 415.2 K in 2024

	2021	2022	2023	2024 (projected)
Interest Income	13.0K	33.7K	30.3K	48.8K
Net Interest Income	8.4K	33.7K	30.3K	45.8K

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	Capital Lease Obligations
Other Current Liab		1.0	-0.57	-0.24	-0.58	-0.89	-0.81	0.01	0.85	-0.78	0.71	0.77	-0.47	-0.49	-0.7	-0.38	0.71	-0.88	-0.36	0.26	-0.49	-0.89	0.47	-0.45	0.68	-0.57
Total Current Liabilities	1.0		-0.59	-0.25	-0.57	-0.89	-0.82	0.02	0.85	-0.78	0.71	0.77	-0.47	-0.49	-0.7	-0.37	0.7	-0.88	-0.35	0.28	-0.49	-0.89	0.47	-0.45	0.67	-0.56
Other Liab	-0.57	-0.59		0.54	0.55	0.63	0.93	-0.38	-0.76	0.52	-0.74	-0.67	0.56	0.56	0.67	0.51	-0.56	0.55	0.52	0.05	0.56	0.63	-0.57	0.55	-0.52	0.5
Net Tangible Assets	-0.24	-0.25	0.54		0.65	0.47	0.52	0.35	-0.55	0.51	-0.72	-0.66	0.77	0.77	0.29	0.77	-0.66	0.37	0.74	0.04	0.77	0.44	-0.84	0.77	-0.66	0.63
Retained Earnings	-0.58	-0.57	0.55	0.65		0.74	0.66	0.25	-0.75	0.73	-0.78	-0.8	0.98	0.98	0.54	0.96	-0.87	0.65	0.96	0.43	0.98	0.71	-0.74	0.98	-0.86	0.85
Accounts Payable	-0.89	-0.89	0.63	0.47	0.74		0.83	0.27	-0.88	0.9	-0.78	-0.84	0.67	0.68	0.75	0.58	-0.79	0.95	0.57	-0.11	0.68	0.94	-0.59	0.65	-0.81	0.8
Other Assets	-0.81	-0.82	0.93	0.52	0.66	0.83		-0.21	-0.91	0.74	-0.83	-0.81	0.63	0.64	0.8	0.55	-0.71	0.78	0.55	-0.06	0.64	0.84	-0.62	0.61	-0.67	0.63
Net Receivables	0.01	0.02	-0.38	0.35	0.25	0.27	-0.21		-0.07	0.39	-0.09	-0.21	0.27	0.27	0.02	0.27	-0.27	0.32	0.25	-0.04	0.27	0.21	-0.23	0.27	-0.3	0.33
Other Stockholder Equity	0.85	0.85	-0.76	-0.55	-0.75	-0.88	-0.91	-0.07		-0.87	0.94	0.97	-0.71	-0.72	-0.82	-0.63	0.9	-0.89	-0.62	-0.04	-0.72	-0.91	0.78	-0.69	0.84	-0.72
Total Current Assets	-0.78	-0.78	0.52	0.51	0.73	0.9	0.74	0.39	-0.87		-0.73	-0.84	0.66	0.67	0.85	0.56	-0.79	0.94	0.56	-0.07	0.67	0.97	-0.58	0.64	-0.8	0.8
Common Stock	0.71	0.71	-0.74	-0.72	-0.78	-0.78	-0.83	-0.09	0.94	-0.73		0.98	-0.8	-0.81	-0.63	-0.75	0.95	-0.73	-0.74	-0.15	-0.81	-0.76	0.94	-0.79	0.9	-0.75
Property Plant Equipment	0.77	0.77	-0.67	-0.66	-0.8	-0.84	-0.81	-0.21	0.97	-0.84	0.98		-0.79	-0.8	-0.71	-0.73	0.97	-0.83	-0.72	-0.12	-0.8	-0.85	0.89	-0.78	0.92	-0.79
Total Assets	-0.47	-0.47	0.56	0.77	0.98	0.67	0.63	0.27	-0.71	0.66	-0.8	-0.79		1.0	0.46	0.99	-0.86	0.56	0.99	0.44	1.0	0.62	-0.81	1.0	-0.85	0.84
Total Stockholder Equity	-0.49	-0.49	0.56	0.77	0.98	0.68	0.64	0.27	-0.72	0.67	-0.81	-0.8	1.0		0.46	0.99	-0.87	0.57	0.99	0.43	1.0	0.64	-0.82	1.0	-0.85	0.84
Cash	-0.7	-0.7	0.67	0.29	0.54	0.75	0.8	0.02	-0.82	0.85	-0.63	-0.71	0.46	0.46		0.35	-0.58	0.83	0.36	0.0	0.46	0.88	-0.39	0.43	-0.53	0.56
Non Current Assets Total	-0.38	-0.37	0.51	0.77	0.96	0.58	0.55	0.27	-0.63	0.56	-0.75	-0.73	0.99	0.99	0.35		-0.82	0.46	1.0	0.5	0.99	0.52	-0.8	1.0	-0.8	0.79
Common Stock Shares Outstanding	0.71	0.7	-0.56	-0.66	-0.87	-0.79	-0.71	-0.27	0.9	-0.79	0.95	0.97	-0.86	-0.87	-0.58	-0.82		-0.76	-0.81	-0.25	-0.87	-0.77	0.91	-0.85	0.96	-0.82
Short Term Investments	-0.88	-0.88	0.55	0.37	0.65	0.95	0.78	0.32	-0.89	0.94	-0.73	-0.83	0.56	0.57	0.83	0.46	-0.76		0.45	-0.15	0.57	0.96	-0.52	0.54	-0.71	0.66
Non Current Liabilities Total	-0.36	-0.35	0.52	0.74	0.96	0.57	0.55	0.25	-0.62	0.56	-0.74	-0.72	0.99	0.99	0.36	1.0	-0.81	0.45		0.54	0.99	0.51	-0.78	0.99	-0.79	0.79
Total Liab	0.26	0.28	0.05	0.04	0.43	-0.11	-0.06	-0.04	-0.04	-0.07	-0.15	-0.12	0.44	0.43	0.0	0.5	-0.25	-0.15	0.54		0.43	-0.13	-0.22	0.45	-0.2	0.24
Net Invested Capital	-0.49	-0.49	0.56	0.77	0.98	0.68	0.64	0.27	-0.72	0.67	-0.81	-0.8	1.0	1.0	0.46	0.99	-0.87	0.57	0.99	0.43		0.63	-0.82	1.0	-0.85	0.84
Net Working Capital	-0.89	-0.89	0.63	0.44	0.71	0.94	0.84	0.21	-0.91	0.97	-0.76	-0.85	0.62	0.64	0.88	0.52	-0.77	0.96	0.51	-0.13	0.63		-0.55	0.6	-0.77	0.75
Capital Stock	0.47	0.47	-0.57	-0.84	-0.74	-0.59	-0.62	-0.23	0.78	-0.58	0.94	0.89	-0.81	-0.82	-0.39	-0.8	0.91	-0.52	-0.78	-0.22	-0.82	-0.55		-0.81	0.86	-0.7
Property Plant And Equipment Net	-0.45	-0.45	0.55	0.77	0.98	0.65	0.61	0.27	-0.69	0.64	-0.79	-0.78	1.0	1.0	0.43	1.0	-0.85	0.54	0.99	0.45	1.0	0.6	-0.81		-0.83	0.82
Long Term Debt	0.68	0.67	-0.52	-0.66	-0.86	-0.81	-0.67	-0.3	0.84	-0.8	0.9	0.92	-0.85	-0.85	-0.53	-0.8	0.96	-0.71	-0.79	-0.2	-0.85	-0.77	0.86	-0.83		-0.93
Capital Lease Obligations	-0.57	-0.56	0.5	0.63	0.85	0.8	0.63	0.33	-0.72	0.8	-0.75	-0.79	0.84	0.84	0.56	0.79	-0.82	0.66	0.79	0.24	0.84	0.75	-0.7	0.82	-0.93

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ZincX Resources Account Relationship Matchups

ZincX Resources fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Other Current Liab	621.8K	1.4M	2.0M	1.4M	1.6M	1.1M
Total Current Liabilities	1.5M	2.1M	1.5M	1.5M	1.7M	1.2M
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	(41.3M)	(42.1M)	(42.9M)	(94.9M)	(85.4M)	(81.1M)
Accounts Payable	25.0K	24.4K	10.0K	11.5K	10.3K	9.8K
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	2.7M	3.2M	875.5K	1.3M	1.2M	1.1M
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	79.0M	80.3M	78.8M	26.1M	23.5M	22.3M
Total Stockholder Equity	75.7M	76.4M	75.5M	24.6M	22.1M	21.0M
Cash	208.9K	3.1M	804.8K	1.3M	1.1M	1.3M
Non Current Assets Total	76.3M	77.1M	77.9M	24.8M	22.3M	21.2M
Common Stock Shares Outstanding	170.3M	177.9M	177.9M	187.9M	216.1M	190.4M
Non Current Liabilities Total	1.8M	1.8M	1.8M	38.1K	34.3K	32.5K
Total Liab	3.4M	3.9M	3.3M	1.5M	1.7M	3.0M
Net Invested Capital	75.7M	76.4M	75.6M	24.6M	22.2M	21.1M
Net Working Capital	1.2M	1.1M	(589.1K)	(158.2K)	(142.4K)	(135.3K)

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