FWZ Stock | | | CAD 1.42 0.01 0.70% |
Fireweed Zinc financial indicator trend analysis is much more than just examining Fireweed Zinc latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Fireweed Zinc is a good investment. Please check the relationship between Fireweed Zinc Total Stockholder Equity and its Net Debt accounts. Check out
Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Fireweed Zinc. 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.
Total Stockholder Equity vs Net Debt
Total Stockholder Equity vs Net Debt Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Fireweed Zinc Total Stockholder Equity account and
Net Debt. At this time, the significance of the direction appears to have pay attention.
The correlation between Fireweed Zinc's Total Stockholder Equity and Net Debt is -0.86. Overlapping area represents the amount of variation of Total Stockholder Equity that can explain the historical movement of Net Debt in the same time period over historical financial statements of Fireweed Zinc, assuming nothing else is changed. The correlation between historical values of Fireweed Zinc's Total Stockholder Equity and Net Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Stockholder Equity of Fireweed Zinc are associated (or correlated) with its Net Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Debt has no effect on the direction of Total Stockholder Equity i.e., Fireweed Zinc's Total Stockholder Equity and Net Debt go up and down completely randomly.
Correlation Coefficient | -0.86 |
Relationship Direction | Negative |
Relationship Strength | Significant |
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.
Net Debt
The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.
Most indicators from Fireweed Zinc's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Fireweed Zinc 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
Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Fireweed Zinc. 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, Fireweed Zinc's
Issuance Of Capital Stock is fairly stable compared to the past year.
Enterprise Value is likely to climb to about 153.8
M in 2024, whereas
Selling General Administrative is likely to drop slightly above 2.1
M in 2024.
Fireweed Zinc fundamental ratios Correlations
Click cells to compare fundamentals
Fireweed Zinc Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Fireweed Zinc fundamental ratios Accounts
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Additional Tools for Fireweed Stock Analysis
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measure Fireweed Zinc's 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 Fireweed Zinc is operating at the current time. Most of Fireweed Zinc's value examination focuses on studying past and present price action to
predict the probability of Fireweed Zinc's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Fireweed Zinc's price. Additionally, you may evaluate how the addition of Fireweed Zinc to your portfolios can decrease your overall portfolio volatility.