Zodiac Common Stock Shares Outstanding vs Other Assets Analysis

ZODIAC Stock   491.45  4.05  0.83%   
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 Shares Outstanding and its Other Assets 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 Shares Outstanding vs Other Assets

Common Stock Shares Outstanding vs Other Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Zodiac Energy Limited Common Stock Shares Outstanding account and Other Assets. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Zodiac Energy's Common Stock Shares Outstanding and Other Assets is -0.66. Overlapping area represents the amount of variation of Common Stock Shares Outstanding that can explain the historical movement of Other Assets 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 Shares Outstanding 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 Shares Outstanding of Zodiac Energy Limited 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 Shares Outstanding i.e., Zodiac Energy's Common Stock Shares Outstanding and Other Assets go up and down completely randomly.

Correlation Coefficient

-0.66
Relationship DirectionNegative 
Relationship StrengthWeak

Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.

Other Assets

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 66.6 M, whereas Tax Provision is forecasted to decline to (4.9 M).
 2021 2022 2023 2024 (projected)
Gross Profit121.1M116.4M241.7M253.8M
Total Revenue1.4B1.4B2.2B2.3B

Zodiac Energy fundamental ratios Correlations

0.640.980.990.980.960.930.990.840.650.950.920.670.970.62-0.130.920.720.810.991.00.920.96-0.780.71-0.71
0.640.60.630.670.490.520.580.480.520.510.620.60.570.62-0.170.470.710.280.610.660.560.67-0.260.85-0.69
0.980.60.970.940.910.960.960.740.690.980.970.710.940.62-0.040.930.70.750.970.970.960.91-0.710.63-0.7
0.990.630.970.940.960.960.990.830.620.960.910.630.970.58-0.110.930.690.811.00.990.940.92-0.760.71-0.64
0.980.670.940.940.910.860.960.810.630.880.90.670.950.67-0.190.840.720.790.940.980.860.98-0.780.71-0.83
0.960.490.910.960.910.890.960.910.620.910.810.610.920.52-0.120.940.710.80.970.960.860.92-0.780.63-0.54
0.930.520.960.960.860.890.940.660.610.990.950.610.930.480.010.920.570.780.960.920.990.82-0.680.56-0.57
0.990.580.960.990.960.960.940.840.560.950.90.580.990.58-0.160.910.640.870.990.990.920.93-0.830.69-0.66
0.840.480.740.830.810.910.660.840.480.690.580.490.780.52-0.250.80.740.680.830.850.610.84-0.750.69-0.43
0.650.520.690.620.630.620.610.560.480.660.690.990.470.470.220.730.840.150.640.640.630.72-0.150.33-0.54
0.950.510.980.960.880.910.990.950.690.660.960.660.930.490.030.940.590.780.970.930.980.84-0.710.57-0.59
0.920.620.970.910.90.810.950.90.580.690.960.720.90.60.070.860.610.70.910.910.960.85-0.620.57-0.75
0.670.60.710.630.670.610.610.580.490.990.660.720.50.520.180.720.860.150.650.660.630.74-0.160.4-0.61
0.970.570.940.970.950.920.930.990.780.470.930.90.50.58-0.140.850.550.910.960.970.910.89-0.870.69-0.7
0.620.620.620.580.670.520.480.580.520.470.490.60.520.580.040.50.60.380.570.640.490.67-0.430.55-0.66
-0.13-0.17-0.04-0.11-0.19-0.120.01-0.16-0.250.220.030.070.18-0.140.040.05-0.16-0.2-0.08-0.160.02-0.180.25-0.320.12
0.920.470.930.930.840.940.920.910.80.730.940.860.720.850.50.050.730.670.950.910.880.84-0.660.58-0.45
0.720.710.70.690.720.710.570.640.740.840.590.610.860.550.6-0.160.730.210.710.740.570.82-0.260.62-0.55
0.810.280.750.810.790.80.780.870.680.150.780.70.150.910.38-0.20.670.210.80.80.750.69-0.950.53-0.51
0.990.610.971.00.940.970.960.990.830.640.970.910.650.960.57-0.080.950.710.80.980.940.91-0.750.69-0.61
1.00.660.970.990.980.960.920.990.850.640.930.910.660.970.64-0.160.910.740.80.980.90.96-0.780.73-0.73
0.920.560.960.940.860.860.990.920.610.630.980.960.630.910.490.020.880.570.750.940.90.82-0.630.54-0.62
0.960.670.910.920.980.920.820.930.840.720.840.850.740.890.67-0.180.840.820.690.910.960.82-0.690.66-0.81
-0.78-0.26-0.71-0.76-0.78-0.78-0.68-0.83-0.75-0.15-0.71-0.62-0.16-0.87-0.430.25-0.66-0.26-0.95-0.75-0.78-0.63-0.69-0.60.49
0.710.850.630.710.710.630.560.690.690.330.570.570.40.690.55-0.320.580.620.530.690.730.540.66-0.6-0.54
-0.71-0.69-0.7-0.64-0.83-0.54-0.57-0.66-0.43-0.54-0.59-0.75-0.61-0.7-0.660.12-0.45-0.55-0.51-0.61-0.73-0.62-0.810.49-0.54
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Zodiac Energy Account Relationship Matchups

Zodiac Energy fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets432.3M558.4M791.6M947.5M1.2B1.2B
Short Long Term Debt Total787.1M506.2M318.7M561.9M408.1M269.4M
Other Current Liab12.7M15.1M25.2M42.9M40.0M42.0M
Total Current Liabilities194.3M260.0M366.4M480.9M585.3M614.6M
Total Stockholder Equity234.8M274.1M329.1M360.5M475.7M499.5M
Property Plant And Equipment Net5.7M23.4M34.6M27.4M41.4M43.4M
Net Debt56.2M109.4M143.5M403.5M392.4M412.0M
Retained Earnings83.2M122.5M177.5M208.9M319.1M335.1M
Accounts Payable43.1M101.3M197.7M43.6M146.4M153.8M
Cash1.8M25.5M34.0M55.7M15.7M15.4M
Non Current Assets Total18.8M30.5M70.3M159.0M154.0M161.7M
Non Currrent Assets Other4.5M3.8M4.4M13.1M10.4M10.9M
Cash And Short Term Investments9.1M25.5M34.0M55.7M15.7M16.4M
Net Receivables254.9M229.7M306.9M421.6M725.0M761.2M
Short Term Investments7.3M65.4M29.4M325.4M86.4M101.5M
Liabilities And Stockholders Equity432.3M558.4M791.6M947.5M1.2B1.2B
Non Current Liabilities Total3.2M24.3M96.1M106.2M95.0M99.7M
Inventory132.8M262.8M361M301.1M141.2M127.0M
Other Current Assets16.6M9.9M19.4M10.2M124.0M130.1M
Total Liab197.5M284.3M462.5M587.0M681.0M715.1M
Total Current Assets413.5M527.9M721.4M788.6M1.0B1.1B
Short Term Debt58.0M115.9M86.9M360.2M320.4M336.4M
Current Deferred Revenue80.5M27.7M56.7M34.2M67.4M39.6M
Long Term Debt167.2M81.3M53.6M25.9M23.3M22.1M
Long Term Debt Total729.1M390.3M231.8M201.6M231.9M270.4M
Intangible Assets140K203K123K72K351K368.6K
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.