ZEN Capital Stock vs Total Current Assets Analysis
ZTEK Stock | USD 1.15 0.01 0.88% |
ZEN Graphene financial indicator trend analysis is more than just analyzing ZEN Graphene Solutions current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether ZEN Graphene Solutions is a good investment. Please check the relationship between ZEN Graphene Capital Stock and its Total Current Assets accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in ZEN Graphene Solutions. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.
Capital Stock vs Total Current Assets
Capital Stock vs Total Current Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of ZEN Graphene Solutions Capital Stock account and Total Current Assets. At this time, the significance of the direction appears to have strong relationship.
The correlation between ZEN Graphene's Capital Stock and Total Current Assets is 0.77. Overlapping area represents the amount of variation of Capital Stock that can explain the historical movement of Total Current Assets in the same time period over historical financial statements of ZEN Graphene Solutions, assuming nothing else is changed. The correlation between historical values of ZEN Graphene's Capital Stock and Total Current 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 Capital Stock of ZEN Graphene Solutions are associated (or correlated) with its Total Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Assets has no effect on the direction of Capital Stock i.e., ZEN Graphene's Capital Stock and Total Current Assets go up and down completely randomly.
Correlation Coefficient | 0.77 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Capital Stock
The total amount of a company's capital funded by shareholders through the issue and subscription of shares.Total Current Assets
The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.Most indicators from ZEN Graphene's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into ZEN Graphene Solutions 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 ZEN Graphene Solutions. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income. Issuance Of Capital Stock is expected to rise to about 37.4 M this year, although the value of Selling General Administrative will most likely fall to about 4.3 M.
2022 | 2023 | 2024 (projected) | Research Development | 1.6M | 1.8M | 1.8M | Cost Of Revenue | 929.9K | 331.1K | 372.6K |
ZEN Graphene fundamental ratios Correlations
Click cells to compare fundamentals
ZEN Graphene Account Relationship Matchups
High Positive Relationship
High Negative Relationship
ZEN Graphene fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 26.2M | 30.3M | 38.0M | 33.3M | 22.6M | 24.0M | |
Other Current Liab | 136.7K | 2.0M | 160K | 381.0K | 628.0K | 350.9K | |
Total Current Liabilities | 527.6K | 2.5M | 2.3M | 2.4M | 1.8M | 1.0M | |
Total Stockholder Equity | 25.7M | 27.5M | 34.5M | 30.4M | 20.2M | 22.9M | |
Net Debt | (805.9K) | (2.7M) | (24.4M) | (8.7M) | (2.3M) | (2.4M) | |
Retained Earnings | (16.9M) | (20.5M) | (59.2M) | (66.2M) | (76.6M) | (72.8M) | |
Cash | 805.9K | 3.1M | 26.7M | 10.4M | 3.5M | 4.1M | |
Non Current Assets Total | 25.2M | 26.9M | 6.0M | 15.3M | 16.3M | 17.5M | |
Cash And Short Term Investments | 805.9K | 3.1M | 26.7M | 10.4M | 3.5M | 5.2M | |
Net Receivables | 77.5K | 119.3K | 3.6M | 6.5K | 1.4K | 1.4K | |
Common Stock Shares Outstanding | 76.9M | 84.0M | 92.1M | 99.4M | 100.5M | 67.8M | |
Liabilities And Stockholders Equity | 26.2M | 30.3M | 38.0M | 33.3M | 22.6M | 24.0M | |
Other Current Assets | 190.6K | 174.5K | 157.2K | 4.7M | 1.3M | 1.4M | |
Other Stockholder Equity | (23.3M) | (23.3M) | 1.0 | (19.6M) | 10.7M | 6.9M | |
Total Liab | 527.6K | 2.8M | 3.4M | 2.9M | 2.4M | 2.5M | |
Total Current Assets | 1.1M | 3.4M | 32.0M | 18.0M | 6.2M | 6.6M | |
Property Plant And Equipment Net | 25.2M | 26.9M | 6.0M | 15.3M | 15.0M | 18.4M | |
Accounts Payable | 390.9K | 348.1K | 1.0M | 911.5K | 541.3K | 500.3K | |
Accumulated Other Comprehensive Income | 2.4M | 4.2M | 8.2M | 10.8M | 10.7M | 5.8M | |
Net Tangible Assets | 24.9M | 25.7M | 27.5M | 34.5M | 39.7M | 29.6M | |
Net Invested Capital | 25.7M | 27.5M | 35.5M | 31.4M | 20.9M | 29.5M | |
Net Working Capital | 546.5K | 879.2K | 29.7M | 15.5M | 4.4M | 8.2M | |
Common Stock | 40.2M | 43.8M | 85.5M | 85.8M | 86.1M | 65.0M | |
Property Plant Equipment | 24.1M | 25.2M | 26.9M | 6.0M | 5.4M | 5.2M | |
Capital Stock | 40.2M | 43.8M | 85.5M | 85.8M | 86.1M | 69.6M |
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Try AI Portfolio ArchitectCheck out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in ZEN Graphene Solutions. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income. You can also try the Portfolio Comparator module to compare the composition, asset allocations and performance of any two portfolios in your account.
Is Health Care Equipment & Supplies space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of ZEN Graphene. If investors know ZEN will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about ZEN Graphene listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.07) | Quarterly Revenue Growth (0.40) | Return On Assets (0.27) | Return On Equity (0.48) |
The market value of ZEN Graphene Solutions is measured differently than its book value, which is the value of ZEN that is recorded on the company's balance sheet. Investors also form their own opinion of ZEN Graphene's value that differs from its market value or its book value, called intrinsic value, which is ZEN Graphene's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because ZEN Graphene's market value can be influenced by many factors that don't directly affect ZEN Graphene's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between ZEN Graphene's value and its price as these two are different measures arrived at by different means. Investors typically determine if ZEN Graphene is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ZEN Graphene's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.