Zinc Other Operating Expenses vs Net Interest Income Analysis
| ZIN Stock | 50.00 1.00 2.04% |
Zinc Media financial indicator trend analysis is more than just analyzing Zinc Media Group current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Zinc Media Group is a good investment. Please check the relationship between Zinc Media Other Operating Expenses and its Net Interest Income accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Zinc Media Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
Other Operating Expenses vs Net Interest Income
Other Operating Expenses vs Net Interest Income Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Zinc Media Group Other Operating Expenses account and Net Interest Income. At this time, the significance of the direction appears to have pay attention.
The correlation between Zinc Media's Other Operating Expenses and Net Interest Income is -0.77. Overlapping area represents the amount of variation of Other Operating Expenses that can explain the historical movement of Net Interest Income in the same time period over historical financial statements of Zinc Media Group, assuming nothing else is changed. The correlation between historical values of Zinc Media's Other Operating Expenses and Net Interest Income 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 Operating Expenses of Zinc Media Group are associated (or correlated) with its Net Interest Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Interest Income has no effect on the direction of Other Operating Expenses i.e., Zinc Media's Other Operating Expenses and Net Interest Income go up and down completely randomly.
Correlation Coefficient | -0.77 |
| Relationship Direction | Negative |
| Relationship Strength | Weak |
Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Zinc Media Group. It is also known as Zinc Media overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.Net Interest Income
The difference between the revenue generated from a bank's interest-bearing assets and the expenses associated with paying its interest-bearing liabilities.Most indicators from Zinc Media's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Zinc Media Group 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 Zinc Media Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis. At present, Zinc Media's Tax Provision is projected to decrease significantly based on the last few years of reporting.
| 2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 241K | 390K | 776K | 814.8K | Depreciation And Amortization | 1.5M | 1.7M | 1.9M | 1.6M |
Zinc Media fundamental ratios Correlations
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Zinc Media Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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Balance Sheet is a snapshot of the financial position of Zinc Media Group at a specified time, usually calculated after every quarter, six months, or one year. Zinc Media Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Zinc Media 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 Zinc currently owns. An asset can also be divided into two categories, current and non-current.