ZincX Historical Balance Sheet
ZNX Stock | CAD 0.08 0.00 0.00% |
Trend analysis of ZincX Resources Corp balance sheet accounts such as Other Current Liabilities of 1.1 M, Total Current Liabilities of 1.2 M, Other Liabilities of 1.4 M or Net Tangible Assets of 61 M provides information on ZincX Resources' total assets, liabilities, and equity, which is the actual value of ZincX Resources Corp to its prevalent stockholders. By breaking down trends over time using ZincX Resources balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
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About ZincX Balance Sheet Analysis
Balance Sheet is a snapshot of the financial position of ZincX Resources Corp at a specified time, usually calculated after every quarter, six months, or one year. ZincX Resources Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of ZincX Resources 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 ZincX currently owns. An asset can also be divided into two categories, current and non-current.
ZincX Resources Balance Sheet Chart
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Total Current Liabilities
Total Current Liabilities is an item on ZincX Resources balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of ZincX Resources Corp are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.Net Tangible Assets
The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.Accounts Payable
An accounting item on the balance sheet that represents ZincX Resources obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of ZincX Resources Corp are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.Most accounts from ZincX Resources' balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into ZincX Resources Corp current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, 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 ZincX Resources 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, ZincX Resources' Cash is fairly stable compared to the past year. Short Term Investments is likely to climb to about 2.6 M in 2024, whereas Total Current Liabilities is likely to drop slightly above 1.2 M in 2024.
2021 | 2023 | 2024 (projected) | Total Current Liabilities | 1.5M | 1.7M | 1.2M | Other Current Liabilities | 1.4M | 1.6M | 1.1M |
ZincX Resources balance sheet Correlations
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ZincX Resources Account Relationship Matchups
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ZincX Resources balance sheet Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Other Current Liab | 621.8K | 1.4M | 2.0M | 1.4M | 1.6M | 1.1M | |
Total Current Liabilities | 1.5M | 2.1M | 1.5M | 1.5M | 1.7M | 1.2M | |
Other Liab | 1.6M | 1.8M | 1.8M | 1.8M | 1.6M | 1.4M | |
Net Tangible Assets | 76.5M | 75.7M | 76.4M | 75.5M | 68.0M | 61.0M | |
Retained Earnings | (41.3M) | (42.1M) | (42.9M) | (94.9M) | (85.4M) | (81.1M) | |
Accounts Payable | 25.0K | 24.4K | 10.0K | 11.5K | 10.3K | 9.8K | |
Net Receivables | 32.8K | 8.7K | 51.4K | 9.2K | 8.3K | 7.9K | |
Other Stockholder Equity | 14.9M | 15.1M | 15.1M | 15.1M | 17.4M | 15.9M | |
Total Current Assets | 2.7M | 3.2M | 875.5K | 1.3M | 1.2M | 1.1M | |
Common Stock | 101.8M | 101.9M | 103.3M | 103.3M | 118.8M | 111.5M | |
Property Plant Equipment | 75.0M | 76.0M | 76.8M | 77.6M | 89.3M | 81.7M | |
Total Assets | 79.0M | 80.3M | 78.8M | 26.1M | 23.5M | 22.3M | |
Total Stockholder Equity | 75.7M | 76.4M | 75.5M | 24.6M | 22.1M | 21.0M | |
Cash | 208.9K | 3.1M | 804.8K | 1.3M | 1.1M | 1.3M | |
Non Current Assets Total | 76.3M | 77.1M | 77.9M | 24.8M | 22.3M | 21.2M | |
Common Stock Shares Outstanding | 170.3M | 177.9M | 177.9M | 187.9M | 216.1M | 190.4M | |
Non Current Liabilities Total | 1.8M | 1.8M | 1.8M | 38.1K | 34.3K | 32.5K | |
Total Liab | 3.4M | 3.9M | 3.3M | 1.5M | 1.7M | 3.0M | |
Net Invested Capital | 75.7M | 76.4M | 75.6M | 24.6M | 22.2M | 21.1M | |
Net Working Capital | 1.2M | 1.1M | (589.1K) | (158.2K) | (142.4K) | (135.3K) |
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When running ZincX Resources' price analysis, check to measure ZincX Resources' 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 ZincX Resources is operating at the current time. Most of ZincX Resources' value examination focuses on studying past and present price action to predict the probability of ZincX Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ZincX Resources' price. Additionally, you may evaluate how the addition of ZincX Resources to your portfolios can decrease your overall portfolio volatility.