Zimtu Other Assets vs Good Will Analysis

ZC Stock  CAD 0.04  0.00  0.00%   
Zimtu Capital financial indicator trend analysis is more than just analyzing Zimtu Capital Corp current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Zimtu Capital Corp is a good investment. Please check the relationship between Zimtu Capital Other Assets and its Good Will accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Zimtu Capital 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.

Other Assets vs Good Will

Other Assets vs Good Will Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Zimtu Capital Corp Other Assets account and Good Will. At this time, the significance of the direction appears to have very week relationship.
The correlation between Zimtu Capital's Other Assets and Good Will is 0.22. Overlapping area represents the amount of variation of Other Assets that can explain the historical movement of Good Will in the same time period over historical financial statements of Zimtu Capital Corp, assuming nothing else is changed. The correlation between historical values of Zimtu Capital's Other Assets and Good Will is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Assets of Zimtu Capital Corp are associated (or correlated) with its Good Will. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Good Will has no effect on the direction of Other Assets i.e., Zimtu Capital's Other Assets and Good Will go up and down completely randomly.

Correlation Coefficient

0.22
Relationship DirectionPositive 
Relationship StrengthVery Weak

Other Assets

Good Will

An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.
Most indicators from Zimtu Capital's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Zimtu Capital Corp 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 Zimtu Capital 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, Zimtu Capital's Tax Provision is fairly stable compared to the past year. Issuance Of Capital Stock is likely to climb to about 2.6 M in 2024, whereas Selling General Administrative is likely to drop slightly above 547.2 K in 2024.
 2021 2023 2024 (projected)
Research Development1.512.712.85
Interest Income1.2K1.1K1.5K

Zimtu Capital fundamental ratios Correlations

0.311.00.170.350.130.220.570.30.37-0.410.460.990.110.46-0.580.94-0.60.05-0.83-0.31-0.03-0.490.66-0.530.39
0.310.23-0.31-0.370.770.530.190.50.280.160.950.34-0.08-0.11-0.40.24-0.330.7-0.45-0.02-0.03-0.60.32-0.440.36
1.00.230.190.40.070.180.580.260.34-0.440.380.980.10.47-0.560.95-0.59-0.01-0.81-0.31-0.02-0.440.63-0.490.35
0.17-0.310.19-0.15-0.73-0.85-0.40.50.530.01-0.180.180.63-0.12-0.030.110.010.03-0.01-0.02-0.38-0.30.3-0.190.36
0.35-0.370.4-0.15-0.180.150.65-0.57-0.5-0.84-0.350.36-0.420.210.230.510.17-0.44-0.4-0.060.360.39-0.040.1-0.46
0.130.770.07-0.73-0.180.80.36-0.01-0.10.180.690.14-0.410.04-0.320.1-0.350.23-0.25-0.10.27-0.160.06-0.060.04
0.220.530.18-0.850.150.80.38-0.2-0.11-0.180.520.19-0.340.35-0.040.19-0.11-0.01-0.38-0.30.40.010.23-0.180.04
0.570.190.58-0.40.650.360.38-0.31-0.51-0.510.10.61-0.690.05-0.450.71-0.5-0.02-0.570.020.32-0.06-0.12-0.12-0.42
0.30.50.260.5-0.57-0.01-0.2-0.310.720.240.570.330.49-0.17-0.330.13-0.290.53-0.33-0.07-0.36-0.880.5-0.570.64
0.370.280.340.53-0.5-0.1-0.11-0.510.720.210.470.320.880.29-0.140.19-0.170.18-0.24-0.36-0.46-0.540.83-0.490.85
-0.410.16-0.440.01-0.840.18-0.18-0.510.240.210.12-0.470.220.01-0.34-0.57-0.230.30.650.33-0.38-0.05-0.270.30.22
0.460.950.38-0.18-0.350.690.520.10.570.470.120.470.120.1-0.420.32-0.310.6-0.55-0.18-0.04-0.640.55-0.530.6
0.990.340.980.180.360.140.190.610.330.32-0.470.470.050.33-0.570.96-0.590.1-0.88-0.3-0.01-0.540.62-0.570.34
0.11-0.080.10.63-0.42-0.41-0.34-0.690.490.880.220.120.050.290.12-0.020.140.060.04-0.21-0.62-0.240.66-0.260.72
0.46-0.110.47-0.120.210.040.350.05-0.170.290.010.10.330.29-0.180.3-0.16-0.32-0.12-0.2-0.030.20.450.060.35
-0.58-0.4-0.56-0.030.23-0.32-0.04-0.45-0.33-0.14-0.34-0.42-0.570.12-0.18-0.470.89-0.350.27-0.10.180.49-0.060.22-0.26
0.940.240.950.110.510.10.190.710.130.19-0.570.320.96-0.020.3-0.47-0.540.02-0.83-0.27-0.04-0.380.53-0.470.16
-0.6-0.33-0.590.010.17-0.35-0.11-0.5-0.29-0.17-0.23-0.31-0.590.14-0.160.89-0.54-0.10.320.070.090.46-0.140.22-0.11
0.050.7-0.010.03-0.440.23-0.01-0.020.530.180.30.60.10.06-0.32-0.350.02-0.1-0.130.41-0.41-0.55-0.01-0.360.22
-0.83-0.45-0.81-0.01-0.4-0.25-0.38-0.57-0.33-0.240.65-0.55-0.880.04-0.120.27-0.830.32-0.130.47-0.190.56-0.630.68-0.3
-0.31-0.02-0.31-0.02-0.06-0.1-0.30.02-0.07-0.360.33-0.18-0.3-0.21-0.2-0.1-0.270.070.410.47-0.410.22-0.550.52-0.43
-0.03-0.03-0.02-0.380.360.270.40.32-0.36-0.46-0.38-0.04-0.01-0.62-0.030.18-0.040.09-0.41-0.19-0.410.17-0.18-0.07-0.31
-0.49-0.6-0.44-0.30.39-0.160.01-0.06-0.88-0.54-0.05-0.64-0.54-0.240.20.49-0.380.46-0.550.560.220.17-0.460.79-0.54
0.660.320.630.3-0.040.060.23-0.120.50.83-0.270.550.620.660.45-0.060.53-0.14-0.01-0.63-0.55-0.18-0.46-0.580.75
-0.53-0.44-0.49-0.190.1-0.06-0.18-0.12-0.57-0.490.3-0.53-0.57-0.260.060.22-0.470.22-0.360.680.52-0.070.79-0.58-0.5
0.390.360.350.36-0.460.040.04-0.420.640.850.220.60.340.720.35-0.260.16-0.110.22-0.3-0.43-0.31-0.540.75-0.5
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Zimtu Capital Account Relationship Matchups

Zimtu Capital fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets10.6M20.8M13.5M11.8M13.6M10.8M
Total Current Liabilities900.8K411.7K1.5M632.9K727.8K715.1K
Total Stockholder Equity9.7M20.1M11.7M10.8M12.5M9.9M
Net Debt(66.7K)214.1K(959.1K)330.8K380.4K399.4K
Retained Earnings(4.8M)5.4M(5.0M)(8.7M)(7.8M)(7.4M)
Accounts Payable470.2K129.1K1.2M115.1K132.3K125.7K
Cash218.9K253.5K1.3M47.7K43.0K40.8K
Cash And Short Term Investments9.0M14.6M10.1M47.7K54.9K52.1K
Net Receivables1.1M1.1M1.0M2.0M2.2M2.4M
Common Stock Shares Outstanding16.1M16.2M24.1M48.0M55.2M57.9M
Liabilities And Stockholders Equity10.6M20.8M13.5M11.8M13.6M10.8M
Other Stockholder Equity4.8M(5.4M)5.0M8.7M7.8M4.5M
Total Liab922.4K678.0K1.7M987.6K1.1M801.5K
Total Current Assets10.3M19.3M11.7M10.2M11.7M9.7M
Property Plant And Equipment Net16.4K12.8K47.3K1.7M1.5M1.6M
Non Current Assets Total282.2K1.6M1.8M1.7M1.5M797.2K
Short Term Investments8.8M14.3M8.8M6.9M7.9M8.1M
Other Current Liab15.4K3.6K3.9K103.8K93.4K92.9K
Current Deferred Revenue284.6K22.5K238.5K294.7K265.2K208.0K
Non Currrent Assets Other(10.6M)(20.8M)(13.5M)(8.1M)(7.3M)(7.7M)
Non Current Liabilities Total21.5K266.3K217.0K354.7K319.2K406.3K
Inventory151.4K3.3M460.0K(7.7M)(8.8M)(8.4M)
Other Current Assets108.3K255.5K109.5K(2.0M)(1.8M)(1.7M)
Net Tangible Assets8.5M6.0M9.7M20.1M23.2M24.3M
Property Plant Equipment142.4K168.9K16.4K12.8K11.5K10.9K
Long Term Investments265.8K1.5M1.7M336.9K387.5K769.3K
Short Long Term Debt Total152.2K467.6K328.5K378.5K435.3K457.0K
Short Long Term Debt83.1K67.1K19.1K103.8K93.4K64.2K
Short Term Debt130.7K256.5K111.6K119.4K137.3K129.2K
Net Invested Capital9.7M20.3M12.0M11.0M12.7M12.8M
Net Working Capital9.4M18.9M10.2M9.6M11.0M11.8M

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