Zodiac Change To Inventory vs Change To Netincome Analysis

ZODIACLOTH   116.58  1.04  0.90%   
Zodiac Clothing financial indicator trend analysis is more than just analyzing Zodiac Clothing current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Zodiac Clothing is a good investment. Please check the relationship between Zodiac Clothing Change To Inventory and its Change To Netincome accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Zodiac Clothing. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

Change To Inventory vs Change To Netincome

Change To Inventory vs Change To Netincome Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Zodiac Clothing Change To Inventory account and Change To Netincome. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Zodiac Clothing's Change To Inventory and Change To Netincome is -0.5. Overlapping area represents the amount of variation of Change To Inventory that can explain the historical movement of Change To Netincome in the same time period over historical financial statements of Zodiac Clothing, assuming nothing else is changed. The correlation between historical values of Zodiac Clothing's Change To Inventory and Change To Netincome is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Change To Inventory of Zodiac Clothing are associated (or correlated) with its Change To Netincome. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Change To Netincome has no effect on the direction of Change To Inventory i.e., Zodiac Clothing's Change To Inventory and Change To Netincome go up and down completely randomly.

Correlation Coefficient

-0.5
Relationship DirectionNegative 
Relationship StrengthVery Weak

Change To Inventory

The increase or decrease in the amount of inventory a company has over a certain period.

Change To Netincome

Most indicators from Zodiac Clothing's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Zodiac Clothing 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 Zodiac Clothing. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
Selling General Administrative is expected to rise to about 516.5 M this year, although the value of Tax Provision will most likely fall to about 620.8 K.
 2021 2022 2023 2024 (projected)
Gross Profit649.2M952.4M180.9M171.9M
Total Revenue1.2B1.7B1.4B2.2B

Zodiac Clothing fundamental ratios Correlations

0.48-0.230.820.950.90.380.40.320.350.930.35-0.39-0.950.17-0.590.210.880.26-0.070.810.810.820.180.550.09
0.48-0.780.180.250.660.97-0.27-0.32-0.020.60.42-0.34-0.320.28-0.30.880.37-0.32-0.460.780.150.460.09-0.020.22
-0.23-0.780.24-0.09-0.3-0.80.650.480.21-0.4-0.570.050.17-0.56-0.08-0.870.020.140.37-0.430.12-0.490.20.37-0.16
0.820.180.240.760.770.040.750.660.530.69-0.05-0.41-0.77-0.24-0.71-0.130.870.080.010.70.80.450.320.720.1
0.950.25-0.090.760.750.180.450.30.260.860.39-0.35-0.940.16-0.49-0.040.830.520.070.580.820.80.20.570.03
0.90.66-0.30.770.750.530.330.230.430.870.18-0.45-0.840.09-0.690.420.84-0.08-0.210.920.690.70.20.620.1
0.380.97-0.80.040.180.53-0.4-0.42-0.260.550.51-0.38-0.230.33-0.190.840.22-0.23-0.370.64-0.010.440.05-0.150.13
0.4-0.270.650.750.450.33-0.40.580.570.14-0.34-0.1-0.31-0.64-0.46-0.570.60.22-0.080.180.72-0.090.630.720.12
0.32-0.320.480.660.30.23-0.420.580.460.23-0.36-0.04-0.38-0.29-0.33-0.360.290.050.20.270.380.11-0.020.31-0.27
0.35-0.020.210.530.260.43-0.260.570.460.13-0.430.22-0.31-0.37-0.42-0.010.55-0.31-0.280.420.610.050.170.540.43
0.930.6-0.40.690.860.870.550.140.230.130.43-0.5-0.910.3-0.550.360.730.20.050.810.550.89-0.040.36-0.02
0.350.42-0.57-0.050.390.180.51-0.34-0.36-0.430.43-0.3-0.330.48-0.010.30.170.370.030.170.120.580.03-0.050.05
-0.39-0.340.05-0.41-0.35-0.45-0.38-0.1-0.040.22-0.5-0.30.41-0.030.79-0.05-0.47-0.09-0.1-0.36-0.11-0.3-0.18-0.340.04
-0.95-0.320.17-0.77-0.94-0.84-0.23-0.31-0.38-0.31-0.91-0.330.41-0.30.57-0.12-0.81-0.3-0.11-0.7-0.74-0.87-0.01-0.570.06
0.170.28-0.56-0.240.160.090.33-0.64-0.29-0.370.30.48-0.03-0.30.210.46-0.070.070.090.14-0.090.46-0.43-0.31-0.31
-0.59-0.3-0.08-0.71-0.49-0.69-0.19-0.46-0.33-0.42-0.55-0.010.790.570.21-0.04-0.780.110.08-0.6-0.48-0.31-0.27-0.66-0.24
0.210.88-0.87-0.13-0.040.420.84-0.57-0.36-0.010.360.3-0.05-0.120.46-0.040.05-0.5-0.440.62-0.110.36-0.22-0.280.13
0.880.370.020.870.830.840.220.60.290.550.730.17-0.47-0.81-0.07-0.780.050.1-0.140.730.880.550.370.750.35
0.26-0.320.140.080.52-0.08-0.230.220.05-0.310.20.37-0.09-0.30.070.11-0.50.10.26-0.290.280.290.150.01-0.26
-0.07-0.460.370.010.07-0.21-0.37-0.080.2-0.280.050.03-0.1-0.110.090.08-0.44-0.140.26-0.31-0.250.17-0.610.03-0.39
0.810.78-0.430.70.580.920.640.180.270.420.810.17-0.36-0.70.14-0.60.620.73-0.29-0.310.560.610.10.360.18
0.810.150.120.80.820.69-0.010.720.380.610.550.12-0.11-0.74-0.09-0.48-0.110.880.28-0.250.560.450.490.70.25
0.820.46-0.490.450.80.70.44-0.090.110.050.890.58-0.3-0.870.46-0.310.360.550.290.170.610.45-0.260.26-0.05
0.180.090.20.320.20.20.050.63-0.020.17-0.040.03-0.18-0.01-0.43-0.27-0.220.370.15-0.610.10.49-0.260.460.23
0.55-0.020.370.720.570.62-0.150.720.310.540.36-0.05-0.34-0.57-0.31-0.66-0.280.750.010.030.360.70.260.460.14
0.090.22-0.160.10.030.10.130.12-0.270.43-0.020.050.040.06-0.31-0.240.130.35-0.26-0.390.180.25-0.050.230.14
Click cells to compare fundamentals

Zodiac Clothing Account Relationship Matchups

Zodiac Clothing fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets4.4B3.8B3.6B3.8B3.8B3.6B
Short Long Term Debt Total1.4B898.5M731.5M641.9M860.3M640.3M
Other Current Liab6.2M82.8M92.5M84.2M104.5M167.3M
Total Current Liabilities1.1B837.8M884.2M761.4M960.6M922.3M
Total Stockholder Equity2.6B2.6B2.5B2.8B2.5B2.4B
Property Plant And Equipment Net1.9B1.4B1.1B1.1B1.3B1.2B
Net Debt1.2B726.2M642.3M536.1M785.1M464.2M
Retained Earnings1.2B961.7M801.8M970.8M875.7M1.1B
Accounts Payable225.5M233.1M284.0M234.0M342.0M290.4M
Cash192.6M172.3M89.2M105.8M75.3M128.1M
Non Current Assets Total2.6B2.3B2.3B2.2B2.4B1.9B
Non Currrent Assets Other335.9M398.6M505.1M421.3M444.7M224.6M
Cash And Short Term Investments235.4M237.7M109.2M434.2M282.1M259.2M
Common Stock Shares Outstanding22.1M22.5M24.8M26.0M23.4M28.7M
Short Term Investments42.8M65.4M20.0M328.4M206.8M138.0M
Liabilities And Stockholders Equity4.4B3.8B3.6B3.8B3.8B3.6B
Non Current Liabilities Total729.2M450.8M280.7M255.7M403.2M282.9M
Inventory882.3M769.3M692.8M594.4M597.4M726.3M
Other Current Assets3.1M398.1M298.3M552.0M345.0M288.2M
Other Stockholder Equity551.9M(1.7B)967.3M1.1B1.1B581.3M
Total Liab1.8B1.3B1.2B1.0B1.4B1.2B
Total Current Assets1.8B1.6B1.3B1.6B1.4B1.7B
Accumulated Other Comprehensive Income(1.0B)383.9M444.3M483.8M250.4M262.9M
Common Stock212.9M224.8M247.6M259.9M259.9M187.2M
Net Receivables712.0M179.4M216.1M249.2M210.8M393.5M
Intangible Assets21.1M16.2M15.2M13.7M11.4M18.3M
Current Deferred Revenue160.1M90.4M94.3M18.4M429K407.6K
Short Term Debt691.2M509.0M499.7M440.2M513.7M573.7M
Long Term Debt8.3M167.2M81.3M53.6M25.9M0.0
Short Long Term Debt437.8M356.1M421M344.1M404.4M347.4M
Other Liab65.4M60.5M48.9M54.1M62.2M40.9M
Net Tangible Assets2.6B2.5B2.4B2.8B2.5B2.2B
Other Assets418.5M441.7M548.8M195.7M200K190K
Property Plant Equipment1.9B1.5B1.3B1.1B1.0B1.1B
Long Term Debt Total729.1M390.3M231.8M201.7M232.0M270.4M
Net Invested Capital3.2B3.0B2.9B3.2B2.9B2.6B
Net Working Capital749.7M746.6M432.1M810.8M474.5M556.0M

Also Currently Popular

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 Zodiac Stock

Balance Sheet is a snapshot of the financial position of Zodiac Clothing at a specified time, usually calculated after every quarter, six months, or one year. Zodiac Clothing Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Zodiac Clothing 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 Zodiac currently owns. An asset can also be divided into two categories, current and non-current.