InZinc Total Current Liabilities vs Common Stock Analysis
LTH Stock | 0.72 0.01 1.41% |
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 Total Current Liabilities and its Common Stock 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.
Total Current Liabilities vs Common Stock
Total Current Liabilities vs Common Stock Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of InZinc Mining Total Current Liabilities account and Common Stock. At this time, the significance of the direction appears to have almost identical trend.
The correlation between InZinc Mining's Total Current Liabilities and Common Stock is 0.98. Overlapping area represents the amount of variation of Total Current Liabilities that can explain the historical movement of Common Stock 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 Total Current Liabilities and Common Stock 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 Current Liabilities of InZinc Mining are associated (or correlated) with its Common Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock has no effect on the direction of Total Current Liabilities i.e., InZinc Mining's Total Current Liabilities and Common Stock go up and down completely randomly.
Correlation Coefficient | 0.98 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Total Current Liabilities
Total Current Liabilities is an item on InZinc Mining balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of InZinc Mining are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.Common Stock
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.