ZincX Historical Balance Sheet

ZNX Stock  CAD 0.08  0.01  11.11%   
Trend analysis of ZincX Resources Corp balance sheet accounts such as Other Current Liabilities of 1.1 M, Total Current Liabilities of 1.2 M, Other Liabilities of 1.4 M or Net Tangible Assets of 61 M provides information on ZincX Resources' total assets, liabilities, and equity, which is the actual value of ZincX Resources Corp to its prevalent stockholders. By breaking down trends over time using ZincX Resources 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.
  
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in ZincX Resources Corp. 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.

About ZincX Balance Sheet Analysis

Balance Sheet is a snapshot of the financial position of ZincX Resources Corp at a specified time, usually calculated after every quarter, six months, or one year. ZincX Resources Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of ZincX Resources 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 ZincX currently owns. An asset can also be divided into two categories, current and non-current.

ZincX Resources Balance Sheet Chart

At this time, ZincX Resources' Cash is fairly stable compared to the past year. Short Term Investments is likely to climb to about 2.6 M in 2024, whereas Total Current Liabilities is likely to drop slightly above 1.2 M in 2024.

Total Current Liabilities

Total Current Liabilities is an item on ZincX Resources balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of ZincX Resources Corp 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.

Net Tangible Assets

The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.
Most accounts from ZincX Resources' balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into ZincX Resources Corp 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 ZincX Resources Corp. 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.
At this time, ZincX Resources' Cash is fairly stable compared to the past year. Short Term Investments is likely to climb to about 2.6 M in 2024, whereas Total Current Liabilities is likely to drop slightly above 1.2 M in 2024.
 2021 2023 2024 (projected)
Total Current Liabilities1.5M1.7M1.2M
Other Current Liabilities1.4M1.6M1.1M

ZincX Resources balance sheet Correlations

1.0-0.57-0.24-0.58-0.89-0.810.010.85-0.780.710.77-0.47-0.49-0.7-0.380.71-0.88-0.360.26-0.49-0.890.47-0.450.68-0.57
1.0-0.59-0.25-0.57-0.89-0.820.020.85-0.780.710.77-0.47-0.49-0.7-0.370.7-0.88-0.350.28-0.49-0.890.47-0.450.67-0.56
-0.57-0.590.540.550.630.93-0.38-0.760.52-0.74-0.670.560.560.670.51-0.560.550.520.050.560.63-0.570.55-0.520.5
-0.24-0.250.540.650.470.520.35-0.550.51-0.72-0.660.770.770.290.77-0.660.370.740.040.770.44-0.840.77-0.660.63
-0.58-0.570.550.650.740.660.25-0.750.73-0.78-0.80.980.980.540.96-0.870.650.960.430.980.71-0.740.98-0.860.85
-0.89-0.890.630.470.740.830.27-0.880.9-0.78-0.840.670.680.750.58-0.790.950.57-0.110.680.94-0.590.65-0.810.8
-0.81-0.820.930.520.660.83-0.21-0.910.74-0.83-0.810.630.640.80.55-0.710.780.55-0.060.640.84-0.620.61-0.670.63
0.010.02-0.380.350.250.27-0.21-0.070.39-0.09-0.210.270.270.020.27-0.270.320.25-0.040.270.21-0.230.27-0.30.33
0.850.85-0.76-0.55-0.75-0.88-0.91-0.07-0.870.940.97-0.71-0.72-0.82-0.630.9-0.89-0.62-0.04-0.72-0.910.78-0.690.84-0.72
-0.78-0.780.520.510.730.90.740.39-0.87-0.73-0.840.660.670.850.56-0.790.940.56-0.070.670.97-0.580.64-0.80.8
0.710.71-0.74-0.72-0.78-0.78-0.83-0.090.94-0.730.98-0.8-0.81-0.63-0.750.95-0.73-0.74-0.15-0.81-0.760.94-0.790.9-0.75
0.770.77-0.67-0.66-0.8-0.84-0.81-0.210.97-0.840.98-0.79-0.8-0.71-0.730.97-0.83-0.72-0.12-0.8-0.850.89-0.780.92-0.79
-0.47-0.470.560.770.980.670.630.27-0.710.66-0.8-0.791.00.460.99-0.860.560.990.441.00.62-0.811.0-0.850.84
-0.49-0.490.560.770.980.680.640.27-0.720.67-0.81-0.81.00.460.99-0.870.570.990.431.00.64-0.821.0-0.850.84
-0.7-0.70.670.290.540.750.80.02-0.820.85-0.63-0.710.460.460.35-0.580.830.360.00.460.88-0.390.43-0.530.56
-0.38-0.370.510.770.960.580.550.27-0.630.56-0.75-0.730.990.990.35-0.820.461.00.50.990.52-0.81.0-0.80.79
0.710.7-0.56-0.66-0.87-0.79-0.71-0.270.9-0.790.950.97-0.86-0.87-0.58-0.82-0.76-0.81-0.25-0.87-0.770.91-0.850.96-0.82
-0.88-0.880.550.370.650.950.780.32-0.890.94-0.73-0.830.560.570.830.46-0.760.45-0.150.570.96-0.520.54-0.710.66
-0.36-0.350.520.740.960.570.550.25-0.620.56-0.74-0.720.990.990.361.0-0.810.450.540.990.51-0.780.99-0.790.79
0.260.280.050.040.43-0.11-0.06-0.04-0.04-0.07-0.15-0.120.440.430.00.5-0.25-0.150.540.43-0.13-0.220.45-0.20.24
-0.49-0.490.560.770.980.680.640.27-0.720.67-0.81-0.81.01.00.460.99-0.870.570.990.430.63-0.821.0-0.850.84
-0.89-0.890.630.440.710.940.840.21-0.910.97-0.76-0.850.620.640.880.52-0.770.960.51-0.130.63-0.550.6-0.770.75
0.470.47-0.57-0.84-0.74-0.59-0.62-0.230.78-0.580.940.89-0.81-0.82-0.39-0.80.91-0.52-0.78-0.22-0.82-0.55-0.810.86-0.7
-0.45-0.450.550.770.980.650.610.27-0.690.64-0.79-0.781.01.00.431.0-0.850.540.990.451.00.6-0.81-0.830.82
0.680.67-0.52-0.66-0.86-0.81-0.67-0.30.84-0.80.90.92-0.85-0.85-0.53-0.80.96-0.71-0.79-0.2-0.85-0.770.86-0.83-0.93
-0.57-0.560.50.630.850.80.630.33-0.720.8-0.75-0.790.840.840.560.79-0.820.660.790.240.840.75-0.70.82-0.93
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ZincX Resources Account Relationship Matchups

ZincX Resources balance sheet Accounts

201920202021202220232024 (projected)
Other Current Liab621.8K1.4M2.0M1.4M1.6M1.1M
Total Current Liabilities1.5M2.1M1.5M1.5M1.7M1.2M
Other Liab1.6M1.8M1.8M1.8M1.6M1.4M
Net Tangible Assets76.5M75.7M76.4M75.5M68.0M61.0M
Retained Earnings(41.3M)(42.1M)(42.9M)(94.9M)(85.4M)(81.1M)
Accounts Payable25.0K24.4K10.0K11.5K10.3K9.8K
Net Receivables32.8K8.7K51.4K9.2K8.3K7.9K
Other Stockholder Equity14.9M15.1M15.1M15.1M17.4M15.9M
Total Current Assets2.7M3.2M875.5K1.3M1.2M1.1M
Common Stock101.8M101.9M103.3M103.3M118.8M111.5M
Property Plant Equipment75.0M76.0M76.8M77.6M89.3M81.7M
Total Assets79.0M80.3M78.8M26.1M23.5M22.3M
Total Stockholder Equity75.7M76.4M75.5M24.6M22.1M21.0M
Cash208.9K3.1M804.8K1.3M1.1M1.3M
Non Current Assets Total76.3M77.1M77.9M24.8M22.3M21.2M
Common Stock Shares Outstanding170.3M177.9M177.9M187.9M216.1M190.4M
Non Current Liabilities Total1.8M1.8M1.8M38.1K34.3K32.5K
Total Liab3.4M3.9M3.3M1.5M1.7M3.0M
Net Invested Capital75.7M76.4M75.6M24.6M22.2M21.1M
Net Working Capital1.2M1.1M(589.1K)(158.2K)(142.4K)(135.3K)

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When running ZincX Resources' price analysis, check to measure ZincX Resources' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy ZincX Resources is operating at the current time. Most of ZincX Resources' value examination focuses on studying past and present price action to predict the probability of ZincX Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ZincX Resources' price. Additionally, you may evaluate how the addition of ZincX Resources to your portfolios can decrease your overall portfolio volatility.