ZenaTech Historical Balance Sheet
| ZENA Stock | 8.85 1.01 12.88% |
Trend analysis of ZenaTech balance sheet accounts such as Total Assets of 12.2 M, Total Current Liabilities of 1.1 M, Total Stockholder Equity of 6 M or Property Plant And Equipment Net of 295.9 K provides information on ZenaTech's total assets, liabilities, and equity, which is the actual value of ZenaTech to its prevalent stockholders. By breaking down trends over time using ZenaTech balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
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About ZenaTech Balance Sheet Analysis
Balance Sheet is a snapshot of the financial position of ZenaTech at a specified time, usually calculated after every quarter, six months, or one year. ZenaTech Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of ZenaTech 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 ZenaTech currently owns. An asset can also be divided into two categories, current and non-current.
ZenaTech Balance Sheet Chart
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Total Assets
Total assets refers to the total amount of ZenaTech assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in ZenaTech books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.Total Current Liabilities
Total Current Liabilities is an item on ZenaTech balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of ZenaTech are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.Total Stockholder Equity
The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.Property Plant And Equipment Net
The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.Most accounts from ZenaTech's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into ZenaTech current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, 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 ZenaTech. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. For information on how to trade ZenaTech Stock refer to our How to Trade ZenaTech Stock guide.At present, ZenaTech's Total Current Liabilities is projected to increase significantly based on the last few years of reporting. The current year's Property Plant And Equipment Net is expected to grow to about 295.9 K, whereas Total Assets are forecasted to decline to about 12.2 M.
| 2021 | 2022 | 2023 | 2024 (projected) | Total Current Liabilities | 1.7M | 1.1M | 1.1M | 1.1M | Total Assets | 10.0M | 13.5M | 16.5M | 12.2M |
ZenaTech balance sheet Correlations
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ZenaTech Account Relationship Matchups
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether ZenaTech offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of ZenaTech's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Zenatech Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Zenatech Stock:Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in ZenaTech. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. For information on how to trade ZenaTech Stock refer to our How to Trade ZenaTech Stock guide.You can also try the Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Is Business Services 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 ZenaTech. If investors know ZenaTech 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 ZenaTech listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of ZenaTech is measured differently than its book value, which is the value of ZenaTech that is recorded on the company's balance sheet. Investors also form their own opinion of ZenaTech's value that differs from its market value or its book value, called intrinsic value, which is ZenaTech'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 ZenaTech's market value can be influenced by many factors that don't directly affect ZenaTech'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 ZenaTech's value and its price as these two are different measures arrived at by different means. Investors typically determine if ZenaTech is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ZenaTech'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.