Zedcor Dividend Yield vs Free Cash Flow Yield Analysis

ZDC Stock

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Zedcor Energy financial indicator trend analysis is more than just analyzing Zedcor Energy current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Zedcor Energy is a good investment. Please check the relationship between Zedcor Energy Dividend Yield and its Free Cash Flow Yield accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Zedcor Energy. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.

Dividend Yield vs Free Cash Flow Yield

Dividend Yield vs Free Cash Flow Yield Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Zedcor Energy Dividend Yield account and Free Cash Flow Yield. At this time, the significance of the direction appears to have almost no relationship.

The correlation between Zedcor Energy's Dividend Yield and Free Cash Flow Yield is 0.16. Overlapping area represents the amount of variation of Dividend Yield that can explain the historical movement of Free Cash Flow Yield in the same time period over historical financial statements of Zedcor Energy, assuming nothing else is changed. The correlation between historical values of Zedcor Energy's Dividend Yield and Free Cash Flow Yield is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Dividend Yield of Zedcor Energy are associated (or correlated) with its Free Cash Flow Yield. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Free Cash Flow Yield has no effect on the direction of Dividend Yield i.e., Zedcor Energy's Dividend Yield and Free Cash Flow Yield go up and down completely randomly.

Correlation Coefficient

0.16

Relationship Direction	Positive
Relationship Strength	Insignificant

View All Relationships

Dividend Yield

Dividend Yield is Zedcor Energy dividend as a percentage of Zedcor Energy stock price. Zedcor Energy dividend yield is a measure of Zedcor Energy stock productivity, which can be interpreted as interest rate earned on an Zedcor Energy investment. A financial ratio that shows how much a company pays out in dividends each year relative to its stock price, calculated as annual dividends per share divided by price per share.

Free Cash Flow Yield

A financial solvency ratio that compares the free cash flow per share a company is expected to earn against its market value per share, calculated as free cash flow per share divided by market price per share.

Most indicators from Zedcor Energy's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Zedcor Energy 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 Zedcor Energy. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.

Zedcor Energy reported Tax Provision of (2 Million) in 2023. Enterprise Value Over EBITDA is likely to climb to 10.16 in 2024, whereas Discontinued Operations is likely to drop (2.2 M) in 2024.

	2021	2022	2023	2024 (projected)
Cost Of Revenue	7.4M	11.3M	14.1M	16.7M
Depreciation And Amortization	2.3M	3.4M	4.9M	5.7M

Cost Of Revenue Depreciation And Amortization

Zedcor Energy fundamental ratios Correlations

	Total Assets	Total Current Liabilities	Total Stockholder Equity	Net Debt	Retained Earnings	Accounts Payable	Cash	Cash And Short Term Investments	Common Stock Shares Outstanding	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Short Long Term Debt Total	Property Plant And Equipment Net	Non Current Assets Total	Non Currrent Assets Other	Net Receivables	Non Current Liabilities Total	Inventory	Short Term Debt	Other Current Liab	Common Stock	Intangible Assets	Other Liab	Net Tangible Assets
Total Assets		0.36	0.97	0.66	0.32	0.58	0.2	0.2	-0.15	0.43	0.79	0.83	0.88	0.74	0.96	1.0	0.75	0.8	0.56	0.58	0.08	0.22	0.26	0.75	0.0	0.87
Total Current Liabilities	0.36		0.32	0.36	-0.05	0.07	0.11	0.11	0.05	0.71	0.54	0.36	0.43	0.38	0.29	0.33	0.6	0.04	-0.4	-0.27	0.93	-0.17	0.26	0.07	-0.12	0.26
Total Stockholder Equity	0.97	0.32		0.48	0.4	0.52	0.3	0.3	-0.22	0.38	0.84	0.68	0.87	0.58	0.93	0.97	0.79	0.78	0.44	0.58	0.07	0.21	0.18	0.77	0.06	0.93
Net Debt	0.66	0.36	0.48		-0.17	0.38	-0.25	-0.25	0.21	0.45	0.38	0.94	0.48	0.97	0.71	0.66	0.41	0.42	0.66	0.22	0.18	0.06	0.5	0.28	-0.35	0.32
Retained Earnings	0.32	-0.05	0.4	-0.17		0.47	0.02	0.02	-0.93	0.21	0.33	0.05	0.44	-0.15	0.22	0.31	0.12	0.51	0.1	0.54	-0.22	-0.3	-0.82	0.78	0.89	0.59
Accounts Payable	0.58	0.07	0.52	0.38	0.47		-0.26	-0.26	-0.26	0.22	0.18	0.6	0.7	0.31	0.43	0.54	0.02	0.91	0.54	0.8	-0.3	0.42	-0.18	0.74	0.47	0.38
Cash	0.2	0.11	0.3	-0.25	0.02	-0.26		1.0	0.04	-0.09	0.39	-0.1	0.27	-0.03	0.22	0.18	0.4	-0.07	-0.18	-0.1	0.16	0.01	0.18	-0.08	-0.19	0.35
Cash And Short Term Investments	0.2	0.11	0.3	-0.25	0.02	-0.26	1.0		0.04	-0.09	0.39	-0.1	0.27	-0.03	0.22	0.18	0.4	-0.07	-0.18	-0.1	0.16	0.01	0.18	-0.08	-0.19	0.35
Common Stock Shares Outstanding	-0.15	0.05	-0.22	0.21	-0.93	-0.26	0.04	0.04		-0.2	-0.25	0.07	-0.25	0.21	-0.07	-0.14	-0.08	-0.3	0.01	-0.3	0.15	0.56	0.84	-0.65	-0.84	-0.44
Other Current Assets	0.43	0.71	0.38	0.45	0.21	0.22	-0.09	-0.09	-0.2		0.52	0.46	0.6	0.46	0.33	0.39	0.45	0.21	-0.07	-0.01	0.6	-0.17	0.02	0.37	0.1	0.39
Other Stockholder Equity	0.79	0.54	0.84	0.38	0.33	0.18	0.39	0.39	-0.25	0.52		0.5	0.7	0.49	0.76	0.79	0.89	0.41	0.09	0.25	0.4	-0.1	0.17	0.54	-0.03	0.86
Total Liab	0.83	0.36	0.68	0.94	0.05	0.6	-0.1	-0.1	0.07	0.46	0.5		0.72	0.95	0.82	0.81	0.47	0.67	0.72	0.45	0.09	0.18	0.39	0.5	-0.17	0.51
Total Current Assets	0.88	0.43	0.87	0.48	0.44	0.7	0.27	0.27	-0.25	0.6	0.7	0.72		0.56	0.76	0.84	0.58	0.81	0.39	0.6	0.12	0.25	0.07	0.76	0.21	0.78
Short Long Term Debt Total	0.74	0.38	0.58	0.97	-0.15	0.31	-0.03	-0.03	0.21	0.46	0.49	0.95	0.56		0.79	0.73	0.53	0.42	0.64	0.21	0.22	0.07	0.54	0.29	-0.4	0.43
Property Plant And Equipment Net	0.96	0.29	0.93	0.71	0.22	0.43	0.22	0.22	-0.07	0.33	0.76	0.82	0.76	0.79		0.98	0.78	0.69	0.6	0.51	0.06	0.12	0.34	0.62	-0.15	0.84
Non Current Assets Total	1.0	0.33	0.97	0.66	0.31	0.54	0.18	0.18	-0.14	0.39	0.79	0.81	0.84	0.73	0.98		0.77	0.78	0.57	0.56	0.06	0.21	0.28	0.73	-0.03	0.87
Non Currrent Assets Other	0.75	0.6	0.79	0.41	0.12	0.02	0.4	0.4	-0.08	0.45	0.89	0.47	0.58	0.53	0.78	0.77		0.31	0.03	0.08	0.51	-0.14	0.38	0.4	-0.26	0.8
Net Receivables	0.8	0.04	0.78	0.42	0.51	0.91	-0.07	-0.07	-0.3	0.21	0.41	0.67	0.81	0.42	0.69	0.78	0.31		0.63	0.84	-0.32	0.42	-0.07	0.88	0.37	0.65
Non Current Liabilities Total	0.56	-0.4	0.44	0.66	0.1	0.54	-0.18	-0.18	0.01	-0.07	0.09	0.72	0.39	0.64	0.6	0.57	0.03	0.63		0.65	-0.6	0.3	0.17	0.46	-0.06	0.32
Inventory	0.58	-0.27	0.58	0.22	0.54	0.8	-0.1	-0.1	-0.3	-0.01	0.25	0.45	0.6	0.21	0.51	0.56	0.08	0.84	0.65		-0.57	0.36	-0.23	0.72	0.4	0.55
Short Term Debt	0.08	0.93	0.07	0.18	-0.22	-0.3	0.16	0.16	0.15	0.6	0.4	0.09	0.12	0.22	0.06	0.06	0.51	-0.32	-0.6	-0.57		-0.32	0.29	-0.23	-0.26	0.06
Other Current Liab	0.22	-0.17	0.21	0.06	-0.3	0.42	0.01	0.01	0.56	-0.17	-0.1	0.18	0.25	0.07	0.12	0.21	-0.14	0.42	0.3	0.36	-0.32		0.42	0.08	-0.21	-0.04
Common Stock	0.26	0.26	0.18	0.5	-0.82	-0.18	0.18	0.18	0.84	0.02	0.17	0.39	0.07	0.54	0.34	0.28	0.38	-0.07	0.17	-0.23	0.29	0.42		-0.35	-0.92	-0.04
Intangible Assets	0.75	0.07	0.77	0.28	0.78	0.74	-0.08	-0.08	-0.65	0.37	0.54	0.5	0.76	0.29	0.62	0.73	0.4	0.88	0.46	0.72	-0.23	0.08	-0.35		0.59	0.79
Other Liab	0.0	-0.12	0.06	-0.35	0.89	0.47	-0.19	-0.19	-0.84	0.1	-0.03	-0.17	0.21	-0.4	-0.15	-0.03	-0.26	0.37	-0.06	0.4	-0.26	-0.21	-0.92	0.59		0.19
Net Tangible Assets	0.87	0.26	0.93	0.32	0.59	0.38	0.35	0.35	-0.44	0.39	0.86	0.51	0.78	0.43	0.84	0.87	0.8	0.65	0.32	0.55	0.06	-0.04	-0.04	0.79	0.19

Click cells to compare fundamentals

Zedcor Energy Account Relationship Matchups

Zedcor Energy fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	42.2M	32.5M	19.8M	32.6M	43.0M	47.1M
Total Current Liabilities	4.9M	6.1M	6.0M	7.4M	9.5M	9.8M
Total Stockholder Equity	8.2M	4.0M	398K	8.5M	12.1M	21.8M
Net Debt	32.9M	26.1M	16.9M	20.1M	26.1M	20.4M
Retained Earnings	(104.0M)	(108.6M)	(112.5M)	(107.9M)	(105.2M)	(100.0M)
Accounts Payable	911K	1.6M	2.4M	3.4M	3.2M	2.8M
Cash	170K	761K	108K	571K	1.5M	869.8K
Cash And Short Term Investments	170K	761K	108K	571K	1.5M	869.8K
Common Stock Shares Outstanding	53.6M	55.2M	57.9M	72.9M	79.1M	83.1M
Liabilities And Stockholders Equity	42.2M	32.5M	19.8M	32.6M	43.0M	47.1M
Other Stockholder Equity	1.5M	1.6M	1.7M	1.8M	2.2M	2.1M
Total Liab	34.0M	28.5M	19.4M	24.1M	30.9M	25.3M
Total Current Assets	3.4M	4.8M	4.4M	7.5M	7.3M	8.5M
Short Long Term Debt Total	33.1M	26.9M	17.0M	20.7M	27.6M	22.6M
Property Plant And Equipment Net	37.6M	24.4M	12.4M	20.5M	31.7M	33.7M
Non Current Assets Total	38.8M	27.7M	15.4M	25.0M	35.7M	40.7M
Non Currrent Assets Other	1.2M	3.3M	109K	2.5M	179K	170.1K
Net Receivables	2.9M	3.7M	3.7M	5.2M	4.7M	5.7M
Non Current Liabilities Total	29.1M	22.4M	13.4M	16.7M	21.4M	16.4M
Short Term Debt	4.0M	4.5M	3.6M	4.0M	6.2M	6.7M
Other Current Liab	911K	1.6M	2.4M	3.4M	3.9M	4.1M
Common Stock	107.3M	107.6M	107.8M	113.2M	114.0M	102.3M
Net Tangible Assets	5.3M	1.2M	(2.5M)	8.5M	7.6M	7.3M
Other Assets	30.0M	3.4M	3.0M	4.5M	1.0	0.95
Long Term Debt	19.7M	17.1M	8.8M	11.5M	16.1M	11.9M
Short Long Term Debt	2.7M	2.9M	2.2M	2.2M	3.8M	7.4M
Property Plant Equipment	8.8M	24.4M	12.4M	20.5M	23.6M	24.8M
Capital Lease Obligations	10.7M	6.9M	6.0M	7.0M	7.7M	5.5M
Net Invested Capital	27.8M	21.2M	8.6M	22.2M	32.0M	23.5M
Net Working Capital	(1.5M)	(1.2M)	(1.5M)	163K	(2.2M)	(2.3M)
Capital Stock	110.2M	110.5M	110.7M	113.2M	114.0M	122.6M

Pair Trading with Zedcor Energy

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Zedcor Energy position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Zedcor Energy will appreciate offsetting losses from the drop in the long position's value.

Moving together with Zedcor Stock

0.86

ARA

Aclara Resources

Pair Corr

Moving against Zedcor Stock

0.85	DELX	DelphX Capital Markets	Pair Corr
0.56	SBN	S Split Corp	Pair Corr

The ability to find closely correlated positions to Zedcor Energy could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Zedcor Energy when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Zedcor Energy - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Zedcor Energy to buy it.

The correlation of Zedcor Energy is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Zedcor Energy moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Zedcor Energy moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for Zedcor Energy can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Zedcor Energy. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.

You can also try the CEOs Directory module to screen CEOs from public companies around the world.

Complementary Tools for Zedcor Stock analysis

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

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Please note, there is a significant difference between Zedcor Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if Zedcor Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Zedcor Energy's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

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Zedcor Dividend Yield vs Free Cash Flow Yield Analysis

Dividend Yield vs Free Cash Flow Yield

Dividend Yield vs Free Cash Flow Yield Correlation Analysis

Correlation Coefficient

Dividend Yield

Free Cash Flow Yield

Zedcor Energy fundamental ratios Correlations

Zedcor Energy Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Zedcor Energy fundamental ratios Accounts

Pair Trading with Zedcor Energy

Moving together with Zedcor Stock

Moving against Zedcor Stock

Complementary Tools for Zedcor Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Non Current Assets Total	+ 1.0	Total Assets
Cash And Short Term Investments	+ 1.0	Cash
Non Current Assets Total	+ 0.98	Property Plant And Equipment Net
Total Stockholder Equity	+ 0.97	Total Assets
Non Current Assets Total	+ 0.97	Total Stockholder Equity
Short Long Term Debt Total	+ 0.97	Net Debt

Common Stock Shares Outstanding	- 0.93	Retained Earnings
Other Liab	- 0.92	Common Stock
Other Liab	- 0.84	Common Stock Shares Outstanding
Common Stock	- 0.82	Retained Earnings
Intangible Assets	- 0.65	Common Stock Shares Outstanding
Short Term Debt	- 0.6	Non Current Liabilities Total