Zodiac Common Stock vs Other Current Liab Analysis

ZODIAC Stock   474.50  43.75  8.44%   
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 Common Stock and its Other Current Liab 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.

Common Stock vs Other Current Liab

Common Stock vs Other Current Liab Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Zodiac Energy Limited Common Stock account and Other Current Liab. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Zodiac Energy's Common Stock and Other Current Liab is 0.91. Overlapping area represents the amount of variation of Common Stock that can explain the historical movement of Other Current Liab 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 Common Stock and Other Current Liab 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 Zodiac Energy Limited are associated (or correlated) with its Other Current Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Liab has no effect on the direction of Common Stock i.e., Zodiac Energy's Common Stock and Other Current Liab go up and down completely randomly.

Correlation Coefficient

0.91
Relationship DirectionPositive 
Relationship StrengthVery Strong

Common Stock

Other Current Liab

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 Profit116.4M241.7M278.0M291.9M
Total Revenue1.4B2.2B2.5B2.7B

Zodiac Energy fundamental ratios Correlations

0.640.980.990.980.970.950.990.880.580.960.940.60.980.62-0.170.940.670.870.991.00.940.94-0.830.76-0.72
0.640.610.630.660.520.550.590.520.520.540.630.590.570.64-0.190.50.720.360.620.660.570.7-0.350.84-0.71
0.980.610.980.960.940.970.970.80.630.980.980.640.960.62-0.090.950.650.830.980.980.970.91-0.780.69-0.71
0.990.630.980.960.970.970.990.870.560.970.940.570.980.58-0.150.940.640.881.00.990.960.91-0.820.75-0.66
0.980.660.960.960.930.90.970.860.580.920.920.60.960.66-0.220.880.670.850.950.990.90.96-0.840.75-0.82
0.970.520.940.970.930.930.980.930.560.930.860.550.940.53-0.170.950.650.870.980.970.90.91-0.830.69-0.58
0.950.550.970.970.90.930.960.750.550.990.960.550.950.5-0.060.940.540.850.970.941.00.83-0.760.64-0.6
0.990.590.970.990.970.980.960.880.50.960.930.510.990.57-0.190.930.590.920.990.990.950.91-0.870.74-0.67
0.880.520.80.870.860.930.750.880.460.770.680.460.840.54-0.270.850.70.760.870.890.710.86-0.810.74-0.49
0.580.520.630.560.580.560.550.50.460.590.640.990.430.480.210.680.840.170.580.580.570.72-0.170.34-0.55
0.960.540.980.970.920.930.990.960.770.590.970.590.950.51-0.040.950.560.850.980.950.990.85-0.780.65-0.62
0.940.630.980.940.920.860.960.930.680.640.970.660.930.610.00.890.580.790.940.930.970.87-0.710.64-0.76
0.60.590.640.570.60.550.550.510.460.990.590.660.440.520.170.670.860.170.590.60.570.74-0.180.39-0.61
0.980.570.960.980.960.940.950.990.840.430.950.930.440.57-0.180.890.50.950.970.980.940.87-0.890.74-0.7
0.620.640.620.580.660.530.50.570.540.480.510.610.520.570.020.520.610.410.570.630.510.69-0.460.57-0.67
-0.17-0.19-0.09-0.15-0.22-0.17-0.06-0.19-0.270.21-0.040.00.17-0.180.02-0.01-0.17-0.23-0.13-0.19-0.04-0.210.28-0.330.15
0.940.50.950.940.880.950.940.930.850.680.950.890.670.890.52-0.010.690.760.960.930.910.86-0.740.65-0.51
0.670.720.650.640.670.650.540.590.70.840.560.580.860.50.61-0.170.690.240.650.680.540.82-0.30.6-0.56
0.870.360.830.880.850.870.850.920.760.170.850.790.170.950.41-0.230.760.240.860.870.830.71-0.940.63-0.55
0.990.620.981.00.950.980.970.990.870.580.980.940.590.970.57-0.130.960.650.860.990.960.91-0.810.74-0.64
1.00.660.980.990.990.970.940.990.890.580.950.930.60.980.63-0.190.930.680.870.990.930.95-0.840.77-0.73
0.940.570.970.960.90.91.00.950.710.570.990.970.570.940.51-0.040.910.540.830.960.930.83-0.720.63-0.64
0.940.70.910.910.960.910.830.910.860.720.850.870.740.870.69-0.210.860.820.710.910.950.83-0.70.7-0.82
-0.83-0.35-0.78-0.82-0.84-0.83-0.76-0.87-0.81-0.17-0.78-0.71-0.18-0.89-0.460.28-0.74-0.3-0.94-0.81-0.84-0.72-0.7-0.70.54
0.760.840.690.750.750.690.640.740.740.340.650.640.390.740.57-0.330.650.60.630.740.770.630.7-0.7-0.58
-0.72-0.71-0.71-0.66-0.82-0.58-0.6-0.67-0.49-0.55-0.62-0.76-0.61-0.7-0.670.15-0.51-0.56-0.55-0.64-0.73-0.64-0.820.54-0.58
Click cells to compare fundamentals

Zodiac Energy Account Relationship Matchups

Zodiac Energy fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets558.4M791.6M947.5M1.2B1.3B1.4B
Short Long Term Debt Total506.2M318.7M561.9M408.1M469.3M269.4M
Other Current Liab15.1M25.2M42.9M40.0M46.0M48.4M
Total Current Liabilities260.0M366.4M480.9M585.3M673.1M706.8M
Total Stockholder Equity274.1M329.1M360.5M475.7M547.1M574.5M
Property Plant And Equipment Net23.4M34.6M27.4M41.4M47.6M49.9M
Net Debt109.4M143.5M403.5M392.4M451.3M473.8M
Retained Earnings122.5M177.5M208.9M319.1M367.0M385.3M
Accounts Payable101.3M197.7M43.6M146.4M168.4M176.8M
Cash25.5M34.0M55.7M15.7M18.1M15.4M
Non Current Assets Total30.5M70.3M159.0M154.0M177.1M185.9M
Non Currrent Assets Other3.8M4.4M13.1M10.4M11.9M12.5M
Cash And Short Term Investments25.5M34.0M55.7M15.7M18.1M16.4M
Net Receivables229.7M306.9M421.6M725.0M833.7M875.4M
Short Term Investments65.4M29.4M325.4M86.4M77.8M101.5M
Liabilities And Stockholders Equity558.4M791.6M947.5M1.2B1.3B1.4B
Non Current Liabilities Total24.3M96.1M106.2M95.0M109.2M114.7M
Inventory262.8M361M301.1M141.2M162.4M127.0M
Other Current Assets9.9M19.4M10.2M124.0M142.5M149.7M
Total Liab284.3M462.5M587.0M681.0M783.2M822.4M
Total Current Assets527.9M721.4M788.6M1.0B1.2B1.2B
Short Term Debt115.9M86.9M360.2M320.4M368.5M386.9M
Current Deferred Revenue27.7M56.7M34.2M67.4M77.5M39.6M
Long Term Debt167.2M81.3M53.6M25.9M23.3M22.1M
Long Term Debt Total729.1M390.3M231.8M201.6M231.9M270.4M
Intangible Assets203K123K72K351K403.7K423.8K
Property Plant Equipment5.7M23.4M34.6M1.1B1.0B1.1B
Other Liab2.7M3.4M5.2M5.5M6.3M4.2M
Net Tangible Assets204.7M234.7M273.9M329M378.4M267.5M

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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.