Group Ev To Operating Cash Flow vs Income Quality Analysis

ZNG Stock

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Group Eleven financial indicator trend analysis is much more than just examining Group Eleven Resources latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Group Eleven Resources is a good investment. Please check the relationship between Group Eleven Ev To Operating Cash Flow and its Income Quality accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Group Eleven Resources. 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.

Ev To Operating Cash Flow vs Income Quality

Ev To Operating Cash Flow vs Income Quality Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Group Eleven Resources Ev To Operating Cash Flow account and Income Quality. At this time, the significance of the direction appears to have very strong relationship.

The correlation between Group Eleven's Ev To Operating Cash Flow and Income Quality is 0.83. Overlapping area represents the amount of variation of Ev To Operating Cash Flow that can explain the historical movement of Income Quality in the same time period over historical financial statements of Group Eleven Resources, assuming nothing else is changed. The correlation between historical values of Group Eleven's Ev To Operating Cash Flow and Income Quality is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Ev To Operating Cash Flow of Group Eleven Resources are associated (or correlated) with its Income Quality. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Income Quality has no effect on the direction of Ev To Operating Cash Flow i.e., Group Eleven's Ev To Operating Cash Flow and Income Quality go up and down completely randomly.

Correlation Coefficient

0.83

Relationship Direction	Positive
Relationship Strength	Strong

View All Relationships

Ev To Operating Cash Flow

A valuation metric comparing the company's enterprise value to its operating cash flow, indicating how many dollars of EV are generated for each dollar of operating cash flows.

Income Quality

An assessment of the sustainability of a company's earnings over time, considering factors like revenue source diversification and cost structure.

Most indicators from Group Eleven's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Group Eleven Resources 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 Group Eleven Resources. 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.

Issuance Of Capital Stock is likely to climb to about 5.4 M in 2025, whereas Selling General Administrative is likely to drop slightly above 1.2 M in 2025.

	2022	2023	2024	2025 (projected)
Net Interest Income	2.3K	11.2K	10.1K	6.8K
Minority Interest	125.0K	51.3K	46.1K	43.8K

Net Interest Income Minority Interest

Group Eleven fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Cash And Short Term Investments	Common Stock Shares Outstanding	Other Stockholder Equity	Total Liab	Total Current Assets	Net Tangible Assets	Net Receivables	Common Stock	Property Plant Equipment	Net Invested Capital	Net Working Capital	Capital Stock	Current Deferred Revenue	Property Plant And Equipment Gross	Short Long Term Debt Total	Long Term Debt
Total Assets		0.88	0.95	1.0	0.98	-0.68	-0.82	0.92	0.83	0.98	0.67	0.69	0.42	0.95	0.84	0.97	0.82	0.94	0.98	-0.71	-0.7	0.65	-0.54	0.38	-0.3	-0.3
Other Current Liab	0.88		0.89	0.86	0.91	-0.34	-0.93	0.68	0.63	0.91	0.33	0.83	0.09	0.9	0.63	0.78	0.5	0.97	0.9	-0.76	-0.77	0.84	-0.58	0.44	-0.29	-0.29
Total Current Liabilities	0.95	0.89		0.93	0.95	-0.49	-0.88	0.87	0.72	0.95	0.48	0.75	0.22	1.0	0.73	0.87	0.69	0.95	0.95	-0.78	-0.78	0.74	-0.52	0.44	-0.32	-0.32
Total Stockholder Equity	1.0	0.86	0.93		0.96	-0.72	-0.79	0.93	0.88	0.96	0.71	0.67	0.48	0.93	0.88	0.97	0.83	0.91	0.96	-0.64	-0.64	0.64	-0.51	0.4	-0.3	-0.3
Property Plant And Equipment Net	0.98	0.91	0.95	0.96		-0.57	-0.86	0.85	0.71	1.0	0.57	0.71	0.29	0.96	0.72	0.94	0.76	0.96	1.0	-0.81	-0.82	0.64	-0.58	0.35	-0.28	-0.28
Net Debt	-0.68	-0.34	-0.49	-0.72	-0.57		0.21	-0.77	-0.84	-0.57	-1.0	-0.1	-0.89	-0.49	-0.85	-0.78	-0.88	-0.42	-0.57	0.13	0.12	-0.06	0.14	-0.04	0.05	0.05
Retained Earnings	-0.82	-0.93	-0.88	-0.79	-0.86	0.21		-0.61	-0.53	-0.86	-0.21	-0.94	0.05	-0.89	-0.53	-0.71	-0.4	-0.95	-0.87	0.83	0.82	-0.88	0.73	-0.49	0.46	0.46
Accounts Payable	0.92	0.68	0.87	0.93	0.85	-0.77	-0.61		0.9	0.85	0.75	0.5	0.53	0.86	0.91	0.9	0.86	0.75	0.85	-0.5	-0.48	0.49	-0.31	0.39	-0.29	-0.29
Cash	0.83	0.63	0.72	0.88	0.71	-0.84	-0.53	0.9		0.71	0.82	0.5	0.69	0.71	1.0	0.83	0.79	0.66	0.7	-0.23	-0.21	0.53	-0.28	0.42	-0.29	-0.29
Non Current Assets Total	0.98	0.91	0.95	0.96	1.0	-0.57	-0.86	0.85	0.71		0.57	0.71	0.29	0.96	0.72	0.94	0.76	0.96	1.0	-0.81	-0.82	0.64	-0.58	0.35	-0.28	-0.28
Cash And Short Term Investments	0.67	0.33	0.48	0.71	0.57	-1.0	-0.21	0.75	0.82	0.57		0.09	0.88	0.48	0.83	0.77	0.88	0.41	0.56	-0.14	-0.13	0.04	-0.15	0.01	-0.04	-0.04
Common Stock Shares Outstanding	0.69	0.83	0.75	0.67	0.71	-0.1	-0.94	0.5	0.5	0.71	0.09		-0.1	0.75	0.49	0.59	0.24	0.84	0.72	-0.71	-0.65	0.92	-0.72	0.7	-0.69	-0.69
Other Stockholder Equity	0.42	0.09	0.22	0.48	0.29	-0.89	0.05	0.53	0.69	0.29	0.88	-0.1		0.22	0.7	0.55	0.74	0.15	0.29	0.18	0.18	-0.11	0.12	-0.06	0.06	0.06
Total Liab	0.95	0.9	1.0	0.93	0.96	-0.49	-0.89	0.86	0.71	0.96	0.48	0.75	0.22		0.72	0.87	0.68	0.96	0.96	-0.79	-0.8	0.74	-0.54	0.43	-0.32	-0.32
Total Current Assets	0.84	0.63	0.73	0.88	0.72	-0.85	-0.53	0.91	1.0	0.72	0.83	0.49	0.7	0.72		0.84	0.81	0.67	0.72	-0.25	-0.22	0.52	-0.29	0.41	-0.29	-0.29
Net Tangible Assets	0.97	0.78	0.87	0.97	0.94	-0.78	-0.71	0.9	0.83	0.94	0.77	0.59	0.55	0.87	0.84		0.9	0.86	0.95	-0.65	-0.63	0.5	-0.5	0.32	-0.3	-0.3
Net Receivables	0.82	0.5	0.69	0.83	0.76	-0.88	-0.4	0.86	0.79	0.76	0.88	0.24	0.74	0.68	0.81	0.9		0.6	0.76	-0.37	-0.38	0.18	-0.14	0.08	-0.09	-0.09
Common Stock	0.94	0.97	0.95	0.91	0.96	-0.42	-0.95	0.75	0.66	0.96	0.41	0.84	0.15	0.96	0.67	0.86	0.6		0.96	-0.81	-0.81	0.82	-0.67	0.45	-0.33	-0.33
Property Plant Equipment	0.98	0.9	0.95	0.96	1.0	-0.57	-0.87	0.85	0.7	1.0	0.56	0.72	0.29	0.96	0.72	0.95	0.76	0.96		-0.82	-0.82	0.65	-0.6	0.36	-0.31	-0.31
Net Invested Capital	-0.71	-0.76	-0.78	-0.64	-0.81	0.13	0.83	-0.5	-0.23	-0.81	-0.14	-0.71	0.18	-0.79	-0.25	-0.65	-0.37	-0.81	-0.82		0.99	-0.54	0.68	-0.33	0.41	0.41
Net Working Capital	-0.7	-0.77	-0.78	-0.64	-0.82	0.12	0.82	-0.48	-0.21	-0.82	-0.13	-0.65	0.18	-0.8	-0.22	-0.63	-0.38	-0.81	-0.82	0.99		-0.51	0.63	-0.22	0.27	0.27
Capital Stock	0.65	0.84	0.74	0.64	0.64	-0.06	-0.88	0.49	0.53	0.64	0.04	0.92	-0.11	0.74	0.52	0.5	0.18	0.82	0.65	-0.54	-0.51		-0.6	0.69	-0.49	-0.49
Current Deferred Revenue	-0.54	-0.58	-0.52	-0.51	-0.58	0.14	0.73	-0.31	-0.28	-0.58	-0.15	-0.72	0.12	-0.54	-0.29	-0.5	-0.14	-0.67	-0.6	0.68	0.63	-0.6		-0.4	0.49	0.49
Property Plant And Equipment Gross	0.38	0.44	0.44	0.4	0.35	-0.04	-0.49	0.39	0.42	0.35	0.01	0.7	-0.06	0.43	0.41	0.32	0.08	0.45	0.36	-0.33	-0.22	0.69	-0.4		-0.85	-0.85
Short Long Term Debt Total	-0.3	-0.29	-0.32	-0.3	-0.28	0.05	0.46	-0.29	-0.29	-0.28	-0.04	-0.69	0.06	-0.32	-0.29	-0.3	-0.09	-0.33	-0.31	0.41	0.27	-0.49	0.49	-0.85		1.0
Long Term Debt	-0.3	-0.29	-0.32	-0.3	-0.28	0.05	0.46	-0.29	-0.29	-0.28	-0.04	-0.69	0.06	-0.32	-0.29	-0.3	-0.09	-0.33	-0.31	0.41	0.27	-0.49	0.49	-0.85	1.0

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Group Eleven Account Relationship Matchups

Group Eleven fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	11.3M	9.9M	10.1M	12.3M	14.2M	9.9M
Other Current Liab	108.8K	117.6K	194.6K	225.6K	259.5K	131.4K
Total Current Liabilities	711.7K	571.2K	711.6K	896.1K	1.0M	640.9K
Total Stockholder Equity	7.5M	6.3M	6.4M	8.6M	9.9M	6.7M
Property Plant And Equipment Net	8.9M	8.9M	8.9M	8.9M	10.3M	7.7M
Net Debt	(862.0K)	(2.2M)	(903.7K)	(1.1M)	(1.2M)	(1.3M)
Retained Earnings	(10.7M)	(12.7M)	(15.1M)	(17.6M)	(15.8M)	(15.0M)
Accounts Payable	356.0K	157.0K	123.4K	404.8K	465.5K	310.6K
Cash	2.3M	943.7K	1.1M	3.4M	3.9M	2.1M
Non Current Assets Total	8.9M	8.9M	8.9M	8.9M	10.3M	7.7M
Cash And Short Term Investments	862.0K	2.3M	943.7K	1.1M	1.0M	1.4M
Common Stock Shares Outstanding	91.9M	137.2M	155.6M	200.0M	230.0M	241.5M
Liabilities And Stockholders Equity	9.9M	11.3M	9.9M	10.1M	11.6M	9.4M
Other Stockholder Equity	620.7K	801.4K	869.8K	1.0M	931.7K	885.2K
Total Liab	751.7K	611.2K	751.6K	896.1K	1.0M	655.6K
Total Current Assets	2.4M	1.0M	1.2M	3.4M	3.9M	2.2M
Accumulated Other Comprehensive Income	620.7K	801.4K	869.8K	1.0M	1.2M	709.5K
Net Tangible Assets	6.1M	7.5M	6.3M	6.4M	7.4M	7.2M
Net Receivables	79.2K	81.7K	23.9K	60.0K	54.0K	56.6K
Common Stock	14.3M	17.4M	18.1M	20.5M	23.6M	15.5M
Property Plant Equipment	8.9M	8.9M	8.9M	8.9M	10.2M	8.4M
Net Invested Capital	7.5M	6.3M	6.5M	8.6M	7.7M	6.0M
Net Working Capital	1.7M	452.8K	496.7K	2.5M	2.3M	1.3M
Capital Stock	17.4M	18.1M	20.5M	24.6M	28.3M	19.8M

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