Zinc Total Operating Expenses vs Operating 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 Total Operating Expenses and its Operating 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.
Total Operating Expenses vs Operating Income
Total Operating Expenses vs Operating Income Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Zinc Media Group Total Operating Expenses account and Operating Income. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Zinc Media's Total Operating Expenses and Operating Income is -0.04. Overlapping area represents the amount of variation of Total Operating Expenses that can explain the historical movement of Operating 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 Total Operating Expenses and Operating 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 Total Operating Expenses of Zinc Media Group are associated (or correlated) with its Operating Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Operating Income has no effect on the direction of Total Operating Expenses i.e., Zinc Media's Total Operating Expenses and Operating Income go up and down completely randomly.
Correlation Coefficient | -0.04 |
| Relationship Direction | Negative |
| Relationship Strength | Insignificant |
Total Operating Expenses
The total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses.Operating Income
Operating Income is the amount of profit realized from Zinc Media Group operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Zinc Media Group is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.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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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Other Information on Investing in Zinc Stock
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.