Zodiac Change To Netincome vs Net Income Analysis

ZODIAC Stock

433.15 3.40 0.78%

Zodiac Energy financial indicator trend analysis is more than just analyzing Zodiac Energy Limited current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Zodiac Energy Limited is a good investment. Please check the relationship between Zodiac Energy Change To Netincome and its Net Income accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Zodiac Energy Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

Change To Netincome vs Net Income

Change To Netincome vs Net Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Zodiac Energy Limited Change To Netincome account and Net Income. At this time, the significance of the direction appears to have strong relationship.

The correlation between Zodiac Energy's Change To Netincome and Net Income is 0.74. Overlapping area represents the amount of variation of Change To Netincome that can explain the historical movement of Net Income in the same time period over historical financial statements of Zodiac Energy Limited, assuming nothing else is changed. The correlation between historical values of Zodiac Energy's Change To Netincome and Net Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Change To Netincome of Zodiac Energy Limited are associated (or correlated) with its Net Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income has no effect on the direction of Change To Netincome i.e., Zodiac Energy's Change To Netincome and Net Income go up and down completely randomly.

Correlation Coefficient

0.74

Relationship Direction	Positive
Relationship Strength	Significant

View All Relationships

Change To Netincome

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in Zodiac Energy Limited financial statement analysis. It represents the amount of money remaining after all of Zodiac Energy Limited operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.

Most indicators from Zodiac Energy's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Zodiac Energy Limited 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 Zodiac Energy Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

The current year's Selling General Administrative is expected to grow to about 76.6 M, whereas Tax Provision is forecasted to decline to (4.9 M).

	2022	2023	2024	2025 (projected)
Gross Profit	116.4M	241.7M	278.0M	291.9M
Total Revenue	1.4B	2.2B	2.5B	2.7B

Gross Profit Total Revenue

Zodiac Energy fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Short Term Investments	Non Current Liabilities Total	Inventory	Other Current Assets	Total Liab	Total Current Assets	Short Term Debt	Common Stock	Other Stockholder Equity	Current Deferred Revenue	Other Assets
Total Assets		0.64	0.98	0.99	0.98	0.97	0.95	0.99	0.88	0.58	0.96	0.94	0.6	0.98	0.62	-0.17	0.94	0.67	0.87	0.99	1.0	0.94	0.94	-0.83	0.76	-0.72
Short Long Term Debt Total	0.64		0.61	0.63	0.66	0.52	0.55	0.59	0.52	0.52	0.54	0.63	0.59	0.57	0.64	-0.19	0.5	0.72	0.36	0.62	0.66	0.57	0.7	-0.35	0.84	-0.71
Other Current Liab	0.98	0.61		0.98	0.96	0.94	0.97	0.97	0.8	0.63	0.98	0.98	0.64	0.96	0.62	-0.09	0.95	0.65	0.83	0.98	0.98	0.97	0.91	-0.78	0.69	-0.71
Total Current Liabilities	0.99	0.63	0.98		0.96	0.97	0.97	0.99	0.87	0.56	0.97	0.94	0.57	0.98	0.58	-0.15	0.94	0.64	0.88	1.0	0.99	0.96	0.91	-0.82	0.75	-0.66
Total Stockholder Equity	0.98	0.66	0.96	0.96		0.93	0.9	0.97	0.86	0.58	0.92	0.92	0.6	0.96	0.66	-0.22	0.88	0.67	0.85	0.95	0.99	0.9	0.96	-0.84	0.75	-0.82
Property Plant And Equipment Net	0.97	0.52	0.94	0.97	0.93		0.93	0.98	0.93	0.56	0.93	0.86	0.55	0.94	0.53	-0.17	0.95	0.65	0.87	0.98	0.97	0.9	0.91	-0.83	0.69	-0.58
Net Debt	0.95	0.55	0.97	0.97	0.9	0.93		0.96	0.75	0.55	0.99	0.96	0.55	0.95	0.5	-0.06	0.94	0.54	0.85	0.97	0.94	1.0	0.83	-0.76	0.64	-0.6
Retained Earnings	0.99	0.59	0.97	0.99	0.97	0.98	0.96		0.88	0.5	0.96	0.93	0.51	0.99	0.57	-0.19	0.93	0.59	0.92	0.99	0.99	0.95	0.91	-0.87	0.74	-0.67
Accounts Payable	0.88	0.52	0.8	0.87	0.86	0.93	0.75	0.88		0.46	0.77	0.68	0.46	0.84	0.54	-0.27	0.85	0.7	0.76	0.87	0.89	0.71	0.86	-0.81	0.74	-0.49
Cash	0.58	0.52	0.63	0.56	0.58	0.56	0.55	0.5	0.46		0.59	0.64	0.99	0.43	0.48	0.21	0.68	0.84	0.17	0.58	0.58	0.57	0.72	-0.17	0.34	-0.55
Non Current Assets Total	0.96	0.54	0.98	0.97	0.92	0.93	0.99	0.96	0.77	0.59		0.97	0.59	0.95	0.51	-0.04	0.95	0.56	0.85	0.98	0.95	0.99	0.85	-0.78	0.65	-0.62
Non Currrent Assets Other	0.94	0.63	0.98	0.94	0.92	0.86	0.96	0.93	0.68	0.64	0.97		0.66	0.93	0.61	0.0	0.89	0.58	0.79	0.94	0.93	0.97	0.87	-0.71	0.64	-0.76
Cash And Short Term Investments	0.6	0.59	0.64	0.57	0.6	0.55	0.55	0.51	0.46	0.99	0.59	0.66		0.44	0.52	0.17	0.67	0.86	0.17	0.59	0.6	0.57	0.74	-0.18	0.39	-0.61
Net Receivables	0.98	0.57	0.96	0.98	0.96	0.94	0.95	0.99	0.84	0.43	0.95	0.93	0.44		0.57	-0.18	0.89	0.5	0.95	0.97	0.98	0.94	0.87	-0.89	0.74	-0.7
Common Stock Shares Outstanding	0.62	0.64	0.62	0.58	0.66	0.53	0.5	0.57	0.54	0.48	0.51	0.61	0.52	0.57		0.02	0.52	0.61	0.41	0.57	0.63	0.51	0.69	-0.46	0.57	-0.67
Short Term Investments	-0.17	-0.19	-0.09	-0.15	-0.22	-0.17	-0.06	-0.19	-0.27	0.21	-0.04	0.0	0.17	-0.18	0.02		-0.01	-0.17	-0.23	-0.13	-0.19	-0.04	-0.21	0.28	-0.33	0.15
Non Current Liabilities Total	0.94	0.5	0.95	0.94	0.88	0.95	0.94	0.93	0.85	0.68	0.95	0.89	0.67	0.89	0.52	-0.01		0.69	0.76	0.96	0.93	0.91	0.86	-0.74	0.65	-0.51
Inventory	0.67	0.72	0.65	0.64	0.67	0.65	0.54	0.59	0.7	0.84	0.56	0.58	0.86	0.5	0.61	-0.17	0.69		0.24	0.65	0.68	0.54	0.82	-0.3	0.6	-0.56
Other Current Assets	0.87	0.36	0.83	0.88	0.85	0.87	0.85	0.92	0.76	0.17	0.85	0.79	0.17	0.95	0.41	-0.23	0.76	0.24		0.86	0.87	0.83	0.71	-0.94	0.63	-0.55
Total Liab	0.99	0.62	0.98	1.0	0.95	0.98	0.97	0.99	0.87	0.58	0.98	0.94	0.59	0.97	0.57	-0.13	0.96	0.65	0.86		0.99	0.96	0.91	-0.81	0.74	-0.64
Total Current Assets	1.0	0.66	0.98	0.99	0.99	0.97	0.94	0.99	0.89	0.58	0.95	0.93	0.6	0.98	0.63	-0.19	0.93	0.68	0.87	0.99		0.93	0.95	-0.84	0.77	-0.73
Short Term Debt	0.94	0.57	0.97	0.96	0.9	0.9	1.0	0.95	0.71	0.57	0.99	0.97	0.57	0.94	0.51	-0.04	0.91	0.54	0.83	0.96	0.93		0.83	-0.72	0.63	-0.64
Common Stock	0.94	0.7	0.91	0.91	0.96	0.91	0.83	0.91	0.86	0.72	0.85	0.87	0.74	0.87	0.69	-0.21	0.86	0.82	0.71	0.91	0.95	0.83		-0.7	0.7	-0.82
Other Stockholder Equity	-0.83	-0.35	-0.78	-0.82	-0.84	-0.83	-0.76	-0.87	-0.81	-0.17	-0.78	-0.71	-0.18	-0.89	-0.46	0.28	-0.74	-0.3	-0.94	-0.81	-0.84	-0.72	-0.7		-0.7	0.54
Current Deferred Revenue	0.76	0.84	0.69	0.75	0.75	0.69	0.64	0.74	0.74	0.34	0.65	0.64	0.39	0.74	0.57	-0.33	0.65	0.6	0.63	0.74	0.77	0.63	0.7	-0.7		-0.58
Other Assets	-0.72	-0.71	-0.71	-0.66	-0.82	-0.58	-0.6	-0.67	-0.49	-0.55	-0.62	-0.76	-0.61	-0.7	-0.67	0.15	-0.51	-0.56	-0.55	-0.64	-0.73	-0.64	-0.82	0.54	-0.58

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Zodiac Energy Account Relationship Matchups

Zodiac Energy fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	558.4M	791.6M	947.5M	1.2B	1.3B	1.4B
Short Long Term Debt Total	506.2M	318.7M	561.9M	408.1M	469.3M	269.4M
Other Current Liab	15.1M	25.2M	42.9M	40.0M	46.0M	48.4M
Total Current Liabilities	260.0M	366.4M	480.9M	585.3M	673.1M	706.8M
Total Stockholder Equity	274.1M	329.1M	360.5M	475.7M	547.1M	574.5M
Property Plant And Equipment Net	23.4M	34.6M	27.4M	41.4M	47.6M	49.9M
Net Debt	109.4M	143.5M	403.5M	392.4M	451.3M	473.8M
Retained Earnings	122.5M	177.5M	208.9M	319.1M	367.0M	385.3M
Accounts Payable	101.3M	197.7M	43.6M	146.4M	168.4M	176.8M
Cash	25.5M	34.0M	55.7M	15.7M	18.1M	15.4M
Non Current Assets Total	30.5M	70.3M	159.0M	154.0M	177.1M	185.9M
Non Currrent Assets Other	3.8M	4.4M	13.1M	10.4M	11.9M	12.5M
Cash And Short Term Investments	25.5M	34.0M	55.7M	15.7M	18.1M	16.4M
Net Receivables	229.7M	306.9M	421.6M	725.0M	833.7M	875.4M
Short Term Investments	65.4M	29.4M	325.4M	86.4M	77.8M	101.5M
Liabilities And Stockholders Equity	558.4M	791.6M	947.5M	1.2B	1.3B	1.4B
Non Current Liabilities Total	24.3M	96.1M	106.2M	95.0M	109.2M	114.7M
Inventory	262.8M	361M	301.1M	141.2M	162.4M	127.0M
Other Current Assets	9.9M	19.4M	10.2M	124.0M	142.5M	149.7M
Total Liab	284.3M	462.5M	587.0M	681.0M	783.2M	822.4M
Total Current Assets	527.9M	721.4M	788.6M	1.0B	1.2B	1.2B
Short Term Debt	115.9M	86.9M	360.2M	320.4M	368.5M	386.9M
Current Deferred Revenue	27.7M	56.7M	34.2M	67.4M	77.5M	39.6M
Long Term Debt	167.2M	81.3M	53.6M	25.9M	23.3M	22.1M
Long Term Debt Total	729.1M	390.3M	231.8M	201.6M	231.9M	270.4M
Intangible Assets	203K	123K	72K	351K	403.7K	423.8K
Property Plant Equipment	5.7M	23.4M	34.6M	1.1B	1.0B	1.1B
Other Liab	2.7M	3.4M	5.2M	5.5M	6.3M	4.2M
Net Tangible Assets	204.7M	234.7M	273.9M	329M	378.4M	267.5M

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Other Information on Investing in Zodiac Stock

Balance Sheet is a snapshot of the financial position of Zodiac Energy Limited at a specified time, usually calculated after every quarter, six months, or one year. Zodiac Energy Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Zodiac Energy and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Zodiac currently owns. An asset can also be divided into two categories, current and non-current.

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Zodiac Change To Netincome vs Net Income Analysis

Change To Netincome vs Net Income

Change To Netincome vs Net Income Correlation Analysis

Correlation Coefficient

Change To Netincome

Net Income

Zodiac Energy fundamental ratios Correlations

Zodiac Energy Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Zodiac Energy fundamental ratios Accounts

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Other Information on Investing in Zodiac Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Current Assets	+ 1.0	Total Assets
Total Liab	+ 1.0	Total Current Liabilities
Short Term Debt	+ 1.0	Net Debt
Total Current Liabilities	+ 0.99	Total Assets
Retained Earnings	+ 0.99	Total Assets
Total Liab	+ 0.99	Total Assets

Other Stockholder Equity	- 0.94	Other Current Assets
Other Stockholder Equity	- 0.89	Net Receivables
Other Stockholder Equity	- 0.87	Retained Earnings
Other Stockholder Equity	- 0.84	Total Current Assets
Other Stockholder Equity	- 0.84	Total Stockholder Equity
Other Stockholder Equity	- 0.83	Property Plant And Equipment Net