Zodiac Inventory vs Net Receivables Analysis

ZODIAC Stock

497.85 12.05 2.48%

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 Inventory and its Net Receivables 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.

Inventory vs Net Receivables

Inventory vs Net Receivables Correlation Analysis

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

The correlation between Zodiac Energy's Inventory and Net Receivables is 0.58. Overlapping area represents the amount of variation of Inventory that can explain the historical movement of Net Receivables 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 Inventory and Net Receivables is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Inventory of Zodiac Energy Limited are associated (or correlated) with its Net Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Receivables has no effect on the direction of Inventory i.e., Zodiac Energy's Inventory and Net Receivables go up and down completely randomly.

Correlation Coefficient

0.58

Relationship Direction	Positive
Relationship Strength	Weak

View All Relationships

Inventory

Net Receivables

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 Profit	121.1M	116.4M	241.7M	253.8M
Total Revenue	1.4B	1.4B	2.2B	2.3B

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	0.96	0.93	0.99	0.84	0.65	0.95	0.92	0.67	0.97	0.62	-0.13	0.92	0.75	0.81	0.99	1.0	0.92	0.96	-0.78	0.71	-0.71
Short Long Term Debt Total	0.64		0.6	0.63	0.67	0.49	0.52	0.58	0.48	0.52	0.51	0.62	0.6	0.57	0.62	-0.17	0.47	0.72	0.28	0.61	0.66	0.56	0.67	-0.26	0.85	-0.69
Other Current Liab	0.98	0.6		0.97	0.94	0.91	0.96	0.96	0.74	0.69	0.98	0.97	0.71	0.94	0.62	-0.04	0.93	0.72	0.75	0.97	0.97	0.96	0.91	-0.71	0.63	-0.7
Total Current Liabilities	0.99	0.63	0.97		0.94	0.96	0.96	0.99	0.83	0.62	0.96	0.91	0.63	0.97	0.58	-0.11	0.93	0.72	0.81	1.0	0.99	0.94	0.92	-0.76	0.71	-0.64
Total Stockholder Equity	0.98	0.67	0.94	0.94		0.91	0.86	0.96	0.81	0.63	0.88	0.9	0.67	0.95	0.67	-0.19	0.84	0.75	0.79	0.94	0.98	0.86	0.98	-0.78	0.71	-0.83
Property Plant And Equipment Net	0.96	0.49	0.91	0.96	0.91		0.89	0.96	0.91	0.62	0.91	0.81	0.61	0.92	0.52	-0.12	0.94	0.74	0.8	0.97	0.96	0.86	0.92	-0.78	0.63	-0.54
Net Debt	0.93	0.52	0.96	0.96	0.86	0.89		0.94	0.66	0.61	0.99	0.95	0.61	0.93	0.48	0.01	0.92	0.6	0.78	0.96	0.92	0.99	0.82	-0.68	0.56	-0.57
Retained Earnings	0.99	0.58	0.96	0.99	0.96	0.96	0.94		0.84	0.56	0.95	0.9	0.58	0.99	0.58	-0.16	0.91	0.67	0.87	0.99	0.99	0.92	0.93	-0.83	0.69	-0.66
Accounts Payable	0.84	0.48	0.74	0.83	0.81	0.91	0.66	0.84		0.48	0.69	0.58	0.49	0.78	0.52	-0.25	0.8	0.76	0.68	0.83	0.85	0.61	0.84	-0.75	0.69	-0.43
Cash	0.65	0.52	0.69	0.62	0.63	0.62	0.61	0.56	0.48		0.66	0.69	0.99	0.48	0.47	0.22	0.73	0.83	0.15	0.64	0.64	0.63	0.72	-0.15	0.33	-0.54
Non Current Assets Total	0.95	0.51	0.98	0.96	0.88	0.91	0.99	0.95	0.69	0.66		0.96	0.66	0.93	0.49	0.03	0.94	0.62	0.78	0.97	0.93	0.98	0.84	-0.71	0.57	-0.59
Non Currrent Assets Other	0.92	0.62	0.97	0.91	0.9	0.81	0.95	0.9	0.58	0.69	0.96		0.72	0.9	0.6	0.07	0.86	0.64	0.7	0.91	0.91	0.96	0.85	-0.62	0.57	-0.75
Cash And Short Term Investments	0.67	0.6	0.71	0.63	0.67	0.61	0.61	0.58	0.49	0.99	0.66	0.72		0.5	0.52	0.18	0.72	0.86	0.15	0.65	0.66	0.63	0.74	-0.16	0.4	-0.61
Net Receivables	0.97	0.57	0.94	0.97	0.95	0.92	0.93	0.99	0.78	0.48	0.93	0.9	0.5		0.58	-0.14	0.85	0.58	0.91	0.96	0.97	0.91	0.89	-0.87	0.69	-0.7
Common Stock Shares Outstanding	0.62	0.62	0.62	0.58	0.67	0.52	0.48	0.58	0.52	0.47	0.49	0.6	0.52	0.58		0.04	0.5	0.61	0.38	0.57	0.64	0.49	0.67	-0.43	0.55	-0.66
Short Term Investments	-0.13	-0.17	-0.04	-0.11	-0.19	-0.12	0.01	-0.16	-0.25	0.22	0.03	0.07	0.18	-0.14	0.04		0.05	-0.16	-0.2	-0.08	-0.16	0.02	-0.18	0.25	-0.32	0.12
Non Current Liabilities Total	0.92	0.47	0.93	0.93	0.84	0.94	0.92	0.91	0.8	0.73	0.94	0.86	0.72	0.85	0.5	0.05		0.75	0.67	0.95	0.91	0.88	0.84	-0.66	0.58	-0.45
Inventory	0.75	0.72	0.72	0.72	0.75	0.74	0.6	0.67	0.76	0.83	0.62	0.64	0.86	0.58	0.61	-0.16	0.75		0.25	0.73	0.77	0.6	0.84	-0.3	0.64	-0.57
Other Current Assets	0.81	0.28	0.75	0.81	0.79	0.8	0.78	0.87	0.68	0.15	0.78	0.7	0.15	0.91	0.38	-0.2	0.67	0.25		0.8	0.8	0.75	0.69	-0.95	0.53	-0.51
Total Liab	0.99	0.61	0.97	1.0	0.94	0.97	0.96	0.99	0.83	0.64	0.97	0.91	0.65	0.96	0.57	-0.08	0.95	0.73	0.8		0.98	0.94	0.91	-0.75	0.69	-0.61
Total Current Assets	1.0	0.66	0.97	0.99	0.98	0.96	0.92	0.99	0.85	0.64	0.93	0.91	0.66	0.97	0.64	-0.16	0.91	0.77	0.8	0.98		0.9	0.96	-0.78	0.73	-0.73
Short Term Debt	0.92	0.56	0.96	0.94	0.86	0.86	0.99	0.92	0.61	0.63	0.98	0.96	0.63	0.91	0.49	0.02	0.88	0.6	0.75	0.94	0.9		0.82	-0.63	0.54	-0.62
Common Stock	0.96	0.67	0.91	0.92	0.98	0.92	0.82	0.93	0.84	0.72	0.84	0.85	0.74	0.89	0.67	-0.18	0.84	0.84	0.69	0.91	0.96	0.82		-0.69	0.66	-0.81
Other Stockholder Equity	-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	-0.43	0.25	-0.66	-0.3	-0.95	-0.75	-0.78	-0.63	-0.69		-0.6	0.49
Current Deferred Revenue	0.71	0.85	0.63	0.71	0.71	0.63	0.56	0.69	0.69	0.33	0.57	0.57	0.4	0.69	0.55	-0.32	0.58	0.64	0.53	0.69	0.73	0.54	0.66	-0.6		-0.54
Other Assets	-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	-0.66	0.12	-0.45	-0.57	-0.51	-0.61	-0.73	-0.62	-0.81	0.49	-0.54

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Zodiac Energy Account Relationship Matchups

Zodiac Energy fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	432.3M	558.4M	791.6M	947.5M	1.2B	1.2B
Short Long Term Debt Total	787.1M	506.2M	318.7M	561.9M	408.1M	269.4M
Other Current Liab	12.7M	15.1M	25.2M	42.9M	40.0M	42.0M
Total Current Liabilities	194.3M	260.0M	366.4M	480.9M	585.3M	614.6M
Total Stockholder Equity	234.8M	274.1M	329.1M	360.5M	475.7M	499.5M
Property Plant And Equipment Net	5.7M	23.4M	34.6M	27.4M	41.4M	43.4M
Net Debt	56.2M	109.4M	143.5M	403.5M	392.4M	412.0M
Retained Earnings	83.2M	122.5M	177.5M	208.9M	319.1M	335.1M
Accounts Payable	43.1M	101.3M	197.7M	43.6M	146.4M	153.8M
Cash	1.8M	25.5M	34.0M	55.7M	15.7M	15.4M
Non Current Assets Total	18.8M	30.5M	70.3M	159.0M	154.0M	161.7M
Non Currrent Assets Other	4.5M	3.8M	4.4M	13.1M	10.4M	10.9M
Cash And Short Term Investments	9.1M	25.5M	34.0M	55.7M	15.7M	16.4M
Net Receivables	254.9M	229.7M	306.9M	421.6M	722.0M	758.1M
Short Term Investments	7.3M	65.4M	29.4M	325.4M	86.4M	101.5M
Liabilities And Stockholders Equity	432.3M	558.4M	791.6M	947.5M	1.2B	1.2B
Non Current Liabilities Total	3.2M	24.3M	96.1M	106.2M	95.0M	99.7M
Inventory	132.8M	262.8M	361M	301.1M	168.9M	129.5M
Other Current Assets	16.6M	9.9M	19.4M	10.2M	124.0M	130.1M
Total Liab	197.5M	284.3M	462.5M	587.0M	681.0M	715.1M
Total Current Assets	413.5M	527.9M	721.4M	788.6M	1.0B	1.1B
Short Term Debt	58.0M	115.9M	86.9M	360.2M	320.4M	336.4M
Current Deferred Revenue	80.5M	27.7M	56.7M	34.2M	67.4M	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	140K	203K	123K	72K	351K	368.6K
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 Inventory vs Net Receivables Analysis

Inventory vs Net Receivables

Inventory vs Net Receivables Correlation Analysis

Correlation Coefficient

Inventory

Net Receivables

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
Total Current Liabilities	+ 0.99	Total Assets
Retained Earnings	+ 0.99	Total Assets
Total Liab	+ 0.99	Total Assets
Retained Earnings	+ 0.99	Total Current Liabilities

Other Stockholder Equity	- 0.95	Other Current Assets
Other Stockholder Equity	- 0.87	Net Receivables
Other Stockholder Equity	- 0.83	Retained Earnings
Other Assets	- 0.83	Total Stockholder Equity
Other Assets	- 0.81	Common Stock
Other Stockholder Equity	- 0.78	Total Current Assets