Group Pb Ratio vs Net Income Per Share Analysis

ZNG Stock

CAD 0.17 0.01 5.56%

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 Pb Ratio and its Net Income Per Share 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.

Pb Ratio vs Net Income Per Share

Pb Ratio vs Net Income Per Share Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Group Eleven Resources Pb Ratio account and Net Income Per Share. At this time, the significance of the direction appears to have strong relationship.

The correlation between Group Eleven's Pb Ratio and Net Income Per Share is 0.7. Overlapping area represents the amount of variation of Pb Ratio that can explain the historical movement of Net Income Per Share 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 Pb Ratio and Net Income Per Share is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Pb Ratio of Group Eleven Resources are associated (or correlated) with its Net Income Per Share. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income Per Share has no effect on the direction of Pb Ratio i.e., Group Eleven's Pb Ratio and Net Income Per Share go up and down completely randomly.

Correlation Coefficient

0.7

Relationship Direction	Positive
Relationship Strength	Significant

View All Relationships

Pb Ratio

Net Income Per Share

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.

Selling General Administrative is likely to climb to about 1.2 M in 2024, whereas Issuance Of Capital Stock is likely to drop slightly above 2.3 M in 2024.

	2021	2022	2023	2024 (projected)
Net Interest Income	3.8K	2.3K	11.2K	6.8K
Minority Interest	60.2K	125.0K	51.3K	48.7K

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		0.86	0.94	1.0	0.98	-0.73	-0.79	0.9	0.8	0.98	0.72	0.66	0.46	0.94	0.82	0.98	0.84	0.92	0.98	-0.71	-0.71	0.6	-0.54	0.18	-0.31	-0.31
Other Current Liab	0.86		0.87	0.83	0.89	-0.37	-0.91	0.63	0.56	0.89	0.36	0.84	0.11	0.87	0.56	0.79	0.5	0.96	0.9	-0.76	-0.78	0.83	-0.6	0.12	-0.35	-0.35
Total Current Liabilities	0.94	0.87		0.92	0.96	-0.54	-0.85	0.85	0.66	0.96	0.53	0.71	0.26	1.0	0.68	0.89	0.72	0.94	0.96	-0.79	-0.82	0.68	-0.53	0.19	-0.35	-0.35
Total Stockholder Equity	1.0	0.83	0.92		0.96	-0.78	-0.75	0.92	0.86	0.96	0.77	0.63	0.53	0.92	0.87	0.99	0.87	0.89	0.96	-0.64	-0.65	0.58	-0.51	0.18	-0.32	-0.32
Property Plant And Equipment Net	0.98	0.89	0.96	0.96		-0.6	-0.83	0.83	0.67	1.0	0.6	0.7	0.32	0.96	0.69	0.95	0.77	0.95	1.0	-0.82	-0.83	0.62	-0.58	0.18	-0.29	-0.29
Net Debt	-0.73	-0.37	-0.54	-0.78	-0.6		0.23	-0.82	-0.92	-0.6	-1.0	-0.12	-0.89	-0.53	-0.93	-0.79	-0.89	-0.44	-0.58	0.13	0.12	-0.08	0.14	-0.04	0.05	0.05
Retained Earnings	-0.79	-0.91	-0.85	-0.75	-0.83	0.23		-0.55	-0.45	-0.83	-0.22	-0.97	0.05	-0.86	-0.46	-0.72	-0.39	-0.94	-0.86	0.85	0.83	-0.92	0.77	-0.42	0.61	0.61
Accounts Payable	0.9	0.63	0.85	0.92	0.83	-0.82	-0.55		0.89	0.83	0.81	0.42	0.58	0.83	0.9	0.91	0.9	0.71	0.84	-0.48	-0.48	0.36	-0.29	0.18	-0.3	-0.3
Cash	0.8	0.56	0.66	0.86	0.67	-0.92	-0.45	0.89		0.67	0.9	0.38	0.78	0.65	1.0	0.84	0.84	0.61	0.68	-0.19	-0.18	0.38	-0.27	0.16	-0.32	-0.32
Non Current Assets Total	0.98	0.89	0.96	0.96	1.0	-0.6	-0.83	0.83	0.67		0.6	0.7	0.32	0.96	0.69	0.95	0.77	0.95	1.0	-0.82	-0.83	0.62	-0.58	0.18	-0.29	-0.29
Cash And Short Term Investments	0.72	0.36	0.53	0.77	0.6	-1.0	-0.22	0.81	0.9	0.6		0.11	0.88	0.53	0.91	0.78	0.89	0.43	0.58	-0.14	-0.13	0.06	-0.15	0.06	-0.04	-0.04
Common Stock Shares Outstanding	0.66	0.84	0.71	0.63	0.7	-0.12	-0.97	0.42	0.38	0.7	0.11		-0.1	0.72	0.38	0.6	0.24	0.85	0.74	-0.75	-0.71	0.95	-0.78	0.55	-0.74	-0.74
Other Stockholder Equity	0.46	0.11	0.26	0.53	0.32	-0.89	0.05	0.58	0.78	0.32	0.88	-0.1		0.25	0.78	0.57	0.75	0.17	0.3	0.17	0.18	-0.12	0.12	-0.05	0.07	0.07
Total Liab	0.94	0.87	1.0	0.92	0.96	-0.53	-0.86	0.83	0.65	0.96	0.53	0.72	0.25		0.67	0.89	0.71	0.95	0.97	-0.81	-0.83	0.69	-0.55	0.19	-0.34	-0.34
Total Current Assets	0.82	0.56	0.68	0.87	0.69	-0.93	-0.46	0.9	1.0	0.69	0.91	0.38	0.78	0.67		0.85	0.85	0.62	0.7	-0.21	-0.2	0.38	-0.27	0.16	-0.31	-0.31
Net Tangible Assets	0.98	0.79	0.89	0.99	0.95	-0.79	-0.72	0.91	0.84	0.95	0.78	0.6	0.57	0.89	0.85		0.9	0.86	0.95	-0.63	-0.63	0.52	-0.5	0.22	-0.32	-0.32
Net Receivables	0.84	0.5	0.72	0.87	0.77	-0.89	-0.39	0.9	0.84	0.77	0.89	0.24	0.75	0.71	0.85	0.9		0.6	0.76	-0.37	-0.37	0.17	-0.14	0.08	-0.09	-0.09
Common Stock	0.92	0.96	0.94	0.89	0.95	-0.44	-0.94	0.71	0.61	0.95	0.43	0.85	0.17	0.95	0.62	0.86	0.6		0.96	-0.8	-0.82	0.83	-0.69	0.18	-0.39	-0.39
Property Plant Equipment	0.98	0.9	0.96	0.96	1.0	-0.58	-0.86	0.84	0.68	1.0	0.58	0.74	0.3	0.97	0.7	0.95	0.76	0.96		-0.81	-0.82	0.67	-0.6	0.21	-0.34	-0.34
Net Invested Capital	-0.71	-0.76	-0.79	-0.64	-0.82	0.13	0.85	-0.48	-0.19	-0.82	-0.14	-0.75	0.17	-0.81	-0.21	-0.63	-0.37	-0.8	-0.81		0.99	-0.6	0.67	-0.38	0.38	0.38
Net Working Capital	-0.71	-0.78	-0.82	-0.65	-0.83	0.12	0.83	-0.48	-0.18	-0.83	-0.13	-0.71	0.18	-0.83	-0.2	-0.63	-0.37	-0.82	-0.82	0.99		-0.6	0.62	-0.24	0.26	0.26
Capital Stock	0.6	0.83	0.68	0.58	0.62	-0.08	-0.92	0.36	0.38	0.62	0.06	0.95	-0.12	0.69	0.38	0.52	0.17	0.83	0.67	-0.6	-0.6		-0.72	0.32	-0.61	-0.61
Current Deferred Revenue	-0.54	-0.6	-0.53	-0.51	-0.58	0.14	0.77	-0.29	-0.27	-0.58	-0.15	-0.78	0.12	-0.55	-0.27	-0.5	-0.14	-0.69	-0.6	0.67	0.62	-0.72		-0.43	0.49	0.49
Property Plant And Equipment Gross	0.18	0.12	0.19	0.18	0.18	-0.04	-0.42	0.18	0.16	0.18	0.06	0.55	-0.05	0.19	0.16	0.22	0.08	0.18	0.21	-0.38	-0.24	0.32	-0.43		-0.89	-0.89
Short Long Term Debt Total	-0.31	-0.35	-0.35	-0.32	-0.29	0.05	0.61	-0.3	-0.32	-0.29	-0.04	-0.74	0.07	-0.34	-0.31	-0.32	-0.09	-0.39	-0.34	0.38	0.26	-0.61	0.49	-0.89		1.0
Long Term Debt	-0.31	-0.35	-0.35	-0.32	-0.29	0.05	0.61	-0.3	-0.32	-0.29	-0.04	-0.74	0.07	-0.34	-0.31	-0.32	-0.09	-0.39	-0.34	0.38	0.26	-0.61	0.49	-0.89	1.0

Click cells to compare fundamentals

Group Eleven Account Relationship Matchups

Group Eleven fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	9.9M	11.3M	9.9M	10.1M	12.3M	9.9M
Other Current Liab	108.8K	117.6K	194.6K	225.6K	259.5K	131.4K
Total Current Liabilities	932.2K	711.7K	571.2K	711.6K	896.1K	640.9K
Total Stockholder Equity	6.1M	7.5M	6.3M	6.4M	8.6M	6.7M
Property Plant And Equipment Net	8.9M	8.9M	8.9M	8.9M	8.9M	7.7M
Net Debt	(862.0K)	(2.2M)	(903.7K)	(1.1M)	(1.2M)	(1.3M)
Retained Earnings	(8.8M)	(10.7M)	(12.7M)	(15.1M)	(17.6M)	(16.7M)
Accounts Payable	387.9K	356.0K	157.0K	123.4K	404.8K	310.6K
Cash	862.0K	2.3M	943.7K	1.1M	3.4M	2.1M
Non Current Assets Total	8.9M	8.9M	8.9M	8.9M	8.9M	7.7M
Cash And Short Term Investments	862.0K	2.3M	943.7K	1.1M	1.0M	1.4M
Common Stock Shares Outstanding	63.8M	91.9M	137.2M	155.6M	200.0M	210.0M
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	932.2K	751.7K	611.2K	751.6K	896.1K	655.6K
Total Current Assets	995.9K	2.4M	1.0M	1.2M	3.4M	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	6.1M	7.5M	6.3M	6.5M	8.6M	6.0M
Net Working Capital	63.7K	1.7M	452.8K	496.7K	2.5M	1.3M
Capital Stock	14.3M	17.4M	18.1M	20.5M	24.6M	19.8M

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.

Explore Investing Ideas

Additional Tools for Group Stock Analysis

When running Group Eleven's price analysis, check to measure Group Eleven's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Group Eleven is operating at the current time. Most of Group Eleven's value examination focuses on studying past and present price action to predict the probability of Group Eleven's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Group Eleven's price. Additionally, you may evaluate how the addition of Group Eleven to your portfolios can decrease your overall portfolio volatility.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC