InZinc Net Receivables vs Cash And Short Term Investments Analysis
LTH Stock | 0.79 0.02 2.47% |
InZinc Mining financial indicator trend analysis is infinitely more than just investigating InZinc Mining recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether InZinc Mining is a good investment. Please check the relationship between InZinc Mining Net Receivables and its Cash And Short Term Investments accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in InZinc Mining. 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.
Net Receivables vs Cash And Short Term Investments
Net Receivables vs Cash And Short Term Investments Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of InZinc Mining Net Receivables account and Cash And Short Term Investments. At this time, the significance of the direction appears to have almost identical trend.
The correlation between InZinc Mining's Net Receivables and Cash And Short Term Investments is 0.94. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Cash And Short Term Investments in the same time period over historical financial statements of InZinc Mining, assuming nothing else is changed. The correlation between historical values of InZinc Mining's Net Receivables and Cash And Short Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Receivables of InZinc Mining are associated (or correlated) with its Cash And Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash And Short Term Investments has no effect on the direction of Net Receivables i.e., InZinc Mining's Net Receivables and Cash And Short Term Investments go up and down completely randomly.
Correlation Coefficient | 0.94 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Net Receivables
Cash And Short Term Investments
Short Term Investments is an account in the current assets section of InZinc Mining balance sheet. This account contains InZinc Mining investments that will expire within one year. These investments include stocks and bonds that can be liquidated by InZinc Mining fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.Most indicators from InZinc Mining's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into InZinc Mining 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 Correlation Analysis to better understand how to build diversified portfolios, which includes a position in InZinc Mining. 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, InZinc Mining's Selling General Administrative is fairly stable compared to the past year. Enterprise Value is likely to climb to about 224.1 M in 2024, whereas Issuance Of Capital Stock is likely to drop slightly above 27.1 M in 2024.
2010 | 2023 | 2024 (projected) | Interest Income | 459.5K | 819.9K | 703.7K | Net Interest Income | 454.2K | 785.3K | 681.7K |
InZinc Mining fundamental ratios Correlations
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InZinc Mining Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Thematic Opportunities
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Additional Tools for InZinc Stock Analysis
When running InZinc Mining's price analysis, check to measure InZinc Mining'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 InZinc Mining is operating at the current time. Most of InZinc Mining's value examination focuses on studying past and present price action to predict the probability of InZinc Mining's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move InZinc Mining's price. Additionally, you may evaluate how the addition of InZinc Mining to your portfolios can decrease your overall portfolio volatility.