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 Property Plant And Equipment Net and its Other Current Assets 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.
Property Plant And Equipment Net vs Other Current Assets
Property Plant And Equipment Net vs Other Current Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Zimtu Capital Corp Property Plant And Equipment Net account and
Other Current Assets. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Zimtu Capital's Property Plant And Equipment Net and Other Current Assets is -0.24. Overlapping area represents the amount of variation of Property Plant And Equipment Net that can explain the historical movement of Other Current Assets 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 Property Plant And Equipment Net and Other Current Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant And Equipment Net of Zimtu Capital Corp are associated (or correlated) with its Other Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Assets has no effect on the direction of Property Plant And Equipment Net i.e., Zimtu Capital's Property Plant And Equipment Net and Other Current Assets go up and down completely randomly.
Correlation Coefficient | -0.24 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
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.
Other Current Assets
Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.
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.
Zimtu Capital fundamental ratios Correlations
Click cells to compare fundamentals
Zimtu Capital Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Zimtu Capital fundamental ratios Accounts
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