Zonte Non Current Liabilities Total vs Net Working Capital Analysis

ZON Stock

CAD 0.09 0.01 5.56%

Zonte Metals financial indicator trend analysis is more than just analyzing Zonte Metals current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Zonte Metals is a good investment. Please check the relationship between Zonte Metals Non Current Liabilities Total and its Net Working Capital accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Zonte Metals. 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.

Non Current Liabilities Total vs Net Working Capital

Non Current Liabilities Total vs Net Working Capital Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Zonte Metals Non Current Liabilities Total account and Net Working Capital. At this time, the significance of the direction appears to have weak contrarian relationship.

The correlation between Zonte Metals' Non Current Liabilities Total and Net Working Capital is -0.1. Overlapping area represents the amount of variation of Non Current Liabilities Total that can explain the historical movement of Net Working Capital in the same time period over historical financial statements of Zonte Metals, assuming nothing else is changed. The correlation between historical values of Zonte Metals' Non Current Liabilities Total and Net Working Capital is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Current Liabilities Total of Zonte Metals are associated (or correlated) with its Net Working Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Working Capital has no effect on the direction of Non Current Liabilities Total i.e., Zonte Metals' Non Current Liabilities Total and Net Working Capital go up and down completely randomly.

Correlation Coefficient

-0.1

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Non Current Liabilities Total

Net Working Capital

Most indicators from Zonte Metals' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Zonte Metals 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 Zonte Metals. 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 586.9 K in 2024, whereas Selling General Administrative is likely to drop slightly above 187.4 K in 2024.

Zonte Metals fundamental ratios Correlations

	Total Assets	Total Current Liabilities	Total Stockholder Equity	Other Liab	Net Tangible Assets	Retained Earnings	Accounts Payable	Cash	Net Receivables	Total Liab	Short Long Term Debt	Total Current Assets	Short Term Debt	Common Stock	Property Plant Equipment	Other Stockholder Equity	Other Current Liab	Non Current Assets Total	Non Currrent Assets Other	Non Current Liabilities Total	Common Stock Shares Outstanding	Net Invested Capital	Net Working Capital	Capital Stock	Property Plant And Equipment Net	Property Plant And Equipment Gross
Total Assets		0.23	0.98	0.86	0.94	-0.89	0.63	0.58	0.51	0.84	-0.68	0.61	-0.68	0.99	0.91	0.65	0.12	0.96	0.99	0.91	0.91	0.97	0.14	0.85	0.75	0.78
Total Current Liabilities	0.23		0.08	0.45	0.09	-0.3	0.61	0.66	0.49	0.65	-0.46	0.66	-0.46	0.17	0.05	0.15	0.89	0.05	0.16	0.09	0.13	0.16	0.53	0.07	-0.12	-0.11
Total Stockholder Equity	0.98	0.08		0.78	0.95	-0.83	0.56	0.5	0.48	0.73	-0.57	0.54	-0.57	0.97	0.91	0.61	-0.01	0.96	0.99	0.9	0.89	0.96	0.1	0.84	0.76	0.78
Other Liab	0.86	0.45	0.78		0.72	-0.87	0.59	0.65	0.46	0.95	-0.92	0.66	-0.92	0.88	0.72	0.7	0.36	0.79	0.85	0.73	0.72	0.77	0.16	0.64	0.58	0.6
Net Tangible Assets	0.94	0.09	0.95	0.72		-0.91	0.54	0.42	0.46	0.72	-0.58	0.51	-0.58	0.93	0.98	0.59	-0.08	0.95	0.93	0.92	0.94	0.97	0.06	0.92	0.84	0.82
Retained Earnings	-0.89	-0.3	-0.83	-0.87	-0.91		-0.59	-0.49	-0.39	-0.88	0.83	-0.58	0.83	-0.9	-0.91	-0.71	-0.1	-0.89	-0.86	-0.9	-0.91	-0.89	-0.06	-0.88	-0.8	-0.79
Accounts Payable	0.63	0.61	0.56	0.59	0.54	-0.59		0.89	0.78	0.69	-0.48	0.91	-0.48	0.58	0.4	0.67	0.33	0.42	0.58	0.45	0.48	0.51	0.7	0.4	0.1	0.14
Cash	0.58	0.66	0.5	0.65	0.42	-0.49	0.89		0.75	0.68	-0.56	0.98	-0.56	0.52	0.27	0.48	0.48	0.32	0.52	0.3	0.33	0.44	0.84	0.2	-0.05	-0.02
Net Receivables	0.51	0.49	0.48	0.46	0.46	-0.39	0.78	0.75		0.49	-0.4	0.79	-0.4	0.44	0.32	0.42	0.3	0.33	0.51	0.23	0.3	0.45	0.67	0.26	-0.01	-0.03
Total Liab	0.84	0.65	0.73	0.95	0.72	-0.88	0.69	0.68	0.49		-0.88	0.71	-0.88	0.83	0.71	0.63	0.51	0.75	0.8	0.75	0.75	0.77	0.23	0.69	0.56	0.59
Short Long Term Debt	-0.68	-0.46	-0.57	-0.92	-0.58	0.83	-0.48	-0.56	-0.4	-0.88		-0.59	1.0	-0.69	-0.6	-0.62	-0.35	-0.63	-0.66	-0.58	-0.58	-0.62	-0.14	-0.53	-0.48	-0.47
Total Current Assets	0.61	0.66	0.54	0.66	0.51	-0.58	0.91	0.98	0.79	0.71	-0.59		-0.59	0.56	0.37	0.51	0.44	0.38	0.56	0.37	0.41	0.5	0.82	0.29	0.03	0.05
Short Term Debt	-0.68	-0.46	-0.57	-0.92	-0.58	0.83	-0.48	-0.56	-0.4	-0.88	1.0	-0.59		-0.69	-0.6	-0.62	-0.35	-0.63	-0.66	-0.58	-0.58	-0.62	-0.14	-0.53	-0.48	-0.47
Common Stock	0.99	0.17	0.97	0.88	0.93	-0.9	0.58	0.52	0.44	0.83	-0.69	0.56	-0.69		0.91	0.69	0.06	0.96	0.99	0.93	0.92	0.95	0.07	0.86	0.78	0.82
Property Plant Equipment	0.91	0.05	0.91	0.72	0.98	-0.91	0.4	0.27	0.32	0.71	-0.6	0.37	-0.6	0.91		0.56	-0.07	0.97	0.9	0.94	0.95	0.97	-0.13	0.95	0.93	0.91
Other Stockholder Equity	0.65	0.15	0.61	0.7	0.59	-0.71	0.67	0.48	0.42	0.63	-0.62	0.51	-0.62	0.69	0.56		-0.11	0.59	0.66	0.61	0.58	0.53	0.1	0.52	0.43	0.46
Other Current Liab	0.12	0.89	-0.01	0.36	-0.08	-0.1	0.33	0.48	0.3	0.51	-0.35	0.44	-0.35	0.06	-0.07	-0.11		-0.02	0.07	-0.06	-0.04	0.06	0.34	-0.08	-0.18	-0.17
Non Current Assets Total	0.96	0.05	0.96	0.79	0.95	-0.89	0.42	0.32	0.33	0.75	-0.63	0.38	-0.63	0.96	0.97	0.59	-0.02		0.96	0.95	0.94	0.97	-0.13	0.93	0.9	0.91
Non Currrent Assets Other	0.99	0.16	0.99	0.85	0.93	-0.86	0.58	0.52	0.51	0.8	-0.66	0.56	-0.66	0.99	0.9	0.66	0.07	0.96		0.9	0.9	0.96	0.09	0.85	0.76	0.79
Non Current Liabilities Total	0.91	0.09	0.9	0.73	0.92	-0.9	0.45	0.3	0.23	0.75	-0.58	0.37	-0.58	0.93	0.94	0.61	-0.06	0.95	0.9		0.99	0.94	-0.1	0.97	0.91	0.94
Common Stock Shares Outstanding	0.91	0.13	0.89	0.72	0.94	-0.91	0.48	0.33	0.3	0.75	-0.58	0.41	-0.58	0.92	0.95	0.58	-0.04	0.94	0.9	0.99		0.95	-0.04	0.98	0.89	0.91
Net Invested Capital	0.97	0.16	0.96	0.77	0.97	-0.89	0.51	0.44	0.45	0.77	-0.62	0.5	-0.62	0.95	0.97	0.53	0.06	0.97	0.96	0.94	0.95		0.05	0.92	0.84	0.84
Net Working Capital	0.14	0.53	0.1	0.16	0.06	-0.06	0.7	0.84	0.67	0.23	-0.14	0.82	-0.14	0.07	-0.13	0.1	0.34	-0.13	0.09	-0.1	-0.04	0.05		-0.17	-0.45	-0.43
Capital Stock	0.85	0.07	0.84	0.64	0.92	-0.88	0.4	0.2	0.26	0.69	-0.53	0.29	-0.53	0.86	0.95	0.52	-0.08	0.93	0.85	0.97	0.98	0.92	-0.17		0.93	0.93
Property Plant And Equipment Net	0.75	-0.12	0.76	0.58	0.84	-0.8	0.1	-0.05	-0.01	0.56	-0.48	0.03	-0.48	0.78	0.93	0.43	-0.18	0.9	0.76	0.91	0.89	0.84	-0.45	0.93		0.98
Property Plant And Equipment Gross	0.78	-0.11	0.78	0.6	0.82	-0.79	0.14	-0.02	-0.03	0.59	-0.47	0.05	-0.47	0.82	0.91	0.46	-0.17	0.91	0.79	0.94	0.91	0.84	-0.43	0.93	0.98

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Zonte Metals Account Relationship Matchups

Zonte Metals fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	5.1M	5.0M	5.0M	5.5M	5.6M	3.5M
Total Current Liabilities	522.6K	44.9K	85.5K	249.2K	148.4K	235.6K
Total Stockholder Equity	3.5M	3.9M	3.7M	3.8M	4.0M	2.2M
Net Tangible Assets	3.5M	3.9M	3.7M	3.8M	4.4M	4.6M
Retained Earnings	(4.6M)	(4.6M)	(5.0M)	(5.9M)	(5.9M)	(6.2M)
Accounts Payable	128.5K	20.7K	29.9K	96.0K	51.6K	55.2K
Cash	1.9M	550.1K	177.9K	1.1M	360.0K	342.0K
Net Receivables	43.4K	214.8K	43.1K	21.2K	24.4K	46.8K
Total Liab	1.6M	1.2M	1.3M	1.6M	1.6M	1.3M
Total Current Assets	2.1M	608.9K	216.0K	1.1M	495.9K	795.3K
Common Stock	6.5M	6.8M	6.9M	7.5M	8.7M	5.0M
Property Plant Equipment	3.0M	4.4M	4.8M	4.4M	5.0M	5.3M
Other Stockholder Equity	160.2K	194.4K	34.2K	208.9K	240.2K	145.0K
Other Current Liab	12K	222.6K	338.0K	153.2K	32.9K	31.2K
Non Current Assets Total	3.0M	4.4M	4.8M	4.4M	5.1M	3.5M
Non Current Liabilities Total	1.1M	1.1M	1.2M	1.4M	1.5M	1.2M
Common Stock Shares Outstanding	57.2M	58.8M	59.3M	68.6M	72.2M	64.7M
Net Invested Capital	3.5M	3.9M	3.7M	3.8M	4.0M	3.5M
Net Working Capital	1.6M	563.9K	130.5K	882.2K	347.5K	640.0K
Capital Stock	6.5M	6.8M	6.9M	7.5M	7.7M	7.5M

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