InZinc Invested Capital vs Roic Analysis
LTH Stock | 0.79 0.06 7.06% |
InZinc Mining financial indicator trend analysis is infinitely more than just investigating InZinc Mining recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether InZinc Mining is a good investment. Please check the relationship between InZinc Mining Invested Capital and its Roic accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in InZinc Mining. 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.
Invested Capital vs Roic
Invested Capital vs Roic Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of InZinc Mining Invested Capital account and Roic. At this time, the significance of the direction appears to have almost identical trend.
The correlation between InZinc Mining's Invested Capital and Roic is 0.93. Overlapping area represents the amount of variation of Invested Capital that can explain the historical movement of Roic in the same time period over historical financial statements of InZinc Mining, assuming nothing else is changed. The correlation between historical values of InZinc Mining's Invested Capital and Roic is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Invested Capital of InZinc Mining are associated (or correlated) with its Roic. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Roic has no effect on the direction of Invested Capital i.e., InZinc Mining's Invested Capital and Roic go up and down completely randomly.
Correlation Coefficient | 0.93 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Invested Capital
Invested capital represents the total cash investment that shareholders and debt holders have contributed to InZinc Mining. There are two different methods for calculating InZinc Mining invested capital: operating approach and financing approach. Understanding InZinc Mining invested capital allows investors to calculate measures of performance such as return on invested capital or return on capital employed.Roic
Return on Invested Capital, a profitability ratio that measures the return that an investment generates for those who have provided capital, such as debt holders and equity holders.Most indicators from InZinc Mining's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into InZinc Mining 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 Correlation Analysis to better understand how to build diversified portfolios, which includes a position in InZinc Mining. 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. Selling General Administrative is likely to climb to about 7.3 M in 2024, whereas Issuance Of Capital Stock is likely to drop slightly above 27.1 M in 2024.
2010 | 2023 | 2024 (projected) | Interest Income | 459.5K | 819.9K | 703.7K | Net Interest Income | 454.2K | 785.3K | 681.7K |
InZinc Mining fundamental ratios Correlations
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InZinc Mining Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Thematic Opportunities
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Additional Tools for InZinc Stock Analysis
When running InZinc Mining's price analysis, check to measure InZinc Mining'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 InZinc Mining is operating at the current time. Most of InZinc Mining's value examination focuses on studying past and present price action to predict the probability of InZinc Mining's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move InZinc Mining's price. Additionally, you may evaluate how the addition of InZinc Mining to your portfolios can decrease your overall portfolio volatility.