ZKIN Other Assets from 2010 to 2024

ZKIN Stock  USD 0.50  0.02  3.85%   
ZK International Other Assets yearly trend continues to be very stable with very little volatility. Other Assets are likely to grow to about 22.1 M this year. During the period from 2010 to 2024, ZK International Other Assets quarterly data regression pattern had sample variance of 78.7 T and median of  327,220. View All Fundamentals
 
Other Assets  
First Reported
2015-09-30
Previous Quarter
18.7 M
Current Value
1
Quarterly Volatility
6.4 M
 
Yuan Drop
 
Covid
Check ZK International financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among ZK International's main balance sheet or income statement drivers, such as Interest Income of 93.4 K, Discontinued Operations of 0.0 or Interest Expense of 4 M, as well as many indicators such as Price To Sales Ratio of 0.26, Ptb Ratio of 0.32 or Days Sales Outstanding of 184. ZKIN financial statements analysis is a perfect complement when working with ZK International Valuation or Volatility modules.
  
Check out the analysis of ZK International Correlation against competitors.

Latest ZK International's Other Assets Growth Pattern

Below is the plot of the Other Assets of ZK International Group over the last few years. It is ZK International's Other Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in ZK International's overall financial position and show how it may be relating to other accounts over time.
Other Assets10 Years Trend
Slightly volatile
   Other Assets   
       Timeline  

ZKIN Other Assets Regression Statistics

Arithmetic Mean7,401,180
Geometric Mean0.00
Coefficient Of Variation119.83
Mean Deviation7,981,366
Median327,220
Standard Deviation8,868,688
Sample Variance78.7T
Range22.1M
R-Value0.88
Mean Square Error19.7T
R-Squared0.77
Significance0.000018
Slope1,737,664
Total Sum of Squares1101.2T

ZKIN Other Assets History

202422.1 M
202321 M
202118.3 M
202012.8 M
2019null
201811.7 M
20174.5 M

About ZK International Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include ZK International income statement, its balance sheet, and the statement of cash flows. ZK International investors use historical funamental indicators, such as ZK International's Other Assets, to determine how well the company is positioned to perform in the future. Although ZK International investors may use each financial statement separately, they are all related. The changes in ZK International's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on ZK International's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on ZK International Financial Statements. Understanding these patterns can help to make the right decision on long term investment in ZK International. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Other Assets21 M22.1 M

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Additional Information and Resources on Investing in ZKIN Stock

When determining whether ZK International offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of ZK International's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Zk International Group Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Zk International Group Stock:
Check out the analysis of ZK International Correlation against competitors.
You can also try the Crypto Correlations module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins.
Is Metals & Mining space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of ZK International. If investors know ZKIN will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about ZK International listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.98)
Earnings Share
(0.21)
Revenue Per Share
3.657
Quarterly Revenue Growth
0.158
Return On Assets
(0.01)
The market value of ZK International is measured differently than its book value, which is the value of ZKIN that is recorded on the company's balance sheet. Investors also form their own opinion of ZK International's value that differs from its market value or its book value, called intrinsic value, which is ZK International's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because ZK International's market value can be influenced by many factors that don't directly affect ZK International's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between ZK International's value and its price as these two are different measures arrived at by different means. Investors typically determine if ZK International is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ZK International'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.