Zonte Total Assets vs Non Currrent Assets Other 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 Total Assets and its Non Currrent Assets Other 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.

Total Assets vs Non Currrent Assets Other

Total Assets vs Non Currrent Assets Other Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Zonte Metals Total Assets account and Non Currrent Assets Other. At this time, the significance of the direction appears to have totally related.

The correlation between Zonte Metals' Total Assets and Non Currrent Assets Other is 0.99. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Non Currrent Assets Other 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' Total Assets and Non Currrent Assets Other is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Assets of Zonte Metals are associated (or correlated) with its Non Currrent Assets Other. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Currrent Assets Other has no effect on the direction of Total Assets i.e., Zonte Metals' Total Assets and Non Currrent Assets Other go up and down completely randomly.

Correlation Coefficient

0.99

Relationship Direction	Positive
Relationship Strength	Very Strong

View All Relationships

Total Assets

Total assets refers to the total amount of Zonte Metals assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Zonte Metals books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Non Currrent Assets Other

Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.

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

Click cells to compare fundamentals

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

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 Zonte Stock Analysis

When running Zonte Metals' price analysis, check to measure Zonte Metals' 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 Zonte Metals is operating at the current time. Most of Zonte Metals' value examination focuses on studying past and present price action to predict the probability of Zonte Metals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Zonte Metals' price. Additionally, you may evaluate how the addition of Zonte Metals 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