ZKIN Net Invested Capital vs Long Term Investments Analysis

ZKIN Stock

USD 0.66 0.02 2.57%

ZK International financial indicator trend analysis is more than just analyzing ZK International current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether ZK International is a good investment. Please check the relationship between ZK International Net Invested Capital and its Long Term Investments accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in ZK International Group. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product.

Net Invested Capital vs Long Term Investments

Net Invested Capital vs Long Term Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of ZK International Net Invested Capital account and Long Term Investments. At this time, the significance of the direction appears to have almost identical trend.

The correlation between ZK International's Net Invested Capital and Long Term Investments is 0.92. Overlapping area represents the amount of variation of Net Invested Capital that can explain the historical movement of Long Term Investments in the same time period over historical financial statements of ZK International Group, assuming nothing else is changed. The correlation between historical values of ZK International's Net Invested Capital and Long Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Invested Capital of ZK International Group are associated (or correlated) with its Long Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Investments has no effect on the direction of Net Invested Capital i.e., ZK International's Net Invested Capital and Long Term Investments go up and down completely randomly.

Correlation Coefficient

0.92

Relationship Direction	Positive
Relationship Strength	Very Strong

View All Relationships

Net Invested Capital

The total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents.

Long Term Investments

Long Term Investments is an item on the asset side of ZK International balance sheet that represents investments ZK International intends to hold for over a year. ZK International Group long term investments may include different instruments such as stocks, bonds, real estate and cash.

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

At this time, ZK International's Enterprise Value Over EBITDA is very stable compared to the past year. As of the 4th of May 2024, Enterprise Value Multiple is likely to grow to 114.80, though Tax Provision is likely to grow to (1.1 M).

	2020	2021	2023	2024 (projected)
Gross Profit	6.5M	7.6M	6.8M	8.7M
Total Revenue	99.4M	102.4M	117.8M	72.1M

Gross Profit Total Revenue

ZK International fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Net Tangible Assets	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Capital Surpluse	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Long Term Investments	Property Plant And Equipment Gross
Total Assets		-0.65	0.71	0.94	0.93	1.0	0.76	0.65	-0.8	0.7	0.76	0.77	0.88	0.88	0.85	0.8	0.85	0.96	-0.08	0.89	0.91	0.38	0.9	0.94	0.85	0.7
Short Long Term Debt Total	-0.65		-0.82	-0.68	-0.71	-0.67	-0.4	-0.52	0.86	-0.88	-0.76	-0.54	-0.57	-0.76	-0.65	-0.52	-0.85	-0.61	-0.37	-0.83	-0.85	-0.13	-0.6	-0.68	-0.44	-0.3
Other Current Liab	0.71	-0.82		0.79	0.69	0.72	0.26	0.73	-0.97	0.8	0.51	0.86	0.53	0.59	0.56	0.84	0.8	0.6	0.58	0.8	0.77	0.57	0.58	0.79	0.48	0.14
Total Current Liabilities	0.94	-0.68	0.79		0.91	0.92	0.69	0.64	-0.83	0.66	0.78	0.81	0.85	0.84	0.78	0.82	0.88	0.89	-0.01	0.81	0.84	0.42	0.88	1.0	0.83	0.61
Total Stockholder Equity	0.93	-0.71	0.69	0.91		0.93	0.76	0.65	-0.79	0.69	0.84	0.73	0.97	0.96	0.94	0.75	0.82	0.89	-0.14	0.81	0.87	0.4	0.98	0.91	0.93	0.8
Net Tangible Assets	1.0	-0.67	0.72	0.92	0.93		0.76	0.68	-0.82	0.74	0.74	0.77	0.87	0.88	0.84	0.8	0.85	0.95	-0.06	0.91	0.93	0.38	0.88	0.92	0.83	0.69
Property Plant And Equipment Net	0.76	-0.4	0.26	0.69	0.76	0.76		0.47	-0.44	0.53	0.71	0.42	0.77	0.78	0.64	0.47	0.64	0.72	-0.51	0.64	0.72	0.1	0.74	0.7	0.72	0.82
Current Deferred Revenue	0.65	-0.52	0.73	0.64	0.65	0.68	0.47		-0.77	0.79	0.28	0.8	0.48	0.49	0.45	0.83	0.68	0.43	0.26	0.71	0.69	0.74	0.52	0.64	0.46	0.28
Net Debt	-0.8	0.86	-0.97	-0.83	-0.79	-0.82	-0.44	-0.77		-0.87	-0.61	-0.89	-0.64	-0.72	-0.66	-0.87	-0.84	-0.69	-0.45	-0.89	-0.87	-0.54	-0.68	-0.83	-0.58	-0.3
Retained Earnings	0.7	-0.88	0.8	0.66	0.69	0.74	0.53	0.79	-0.87		0.6	0.63	0.51	0.69	0.54	0.64	0.87	0.57	0.31	0.9	0.9	0.31	0.53	0.66	0.39	0.3
Accounts Payable	0.76	-0.76	0.51	0.78	0.84	0.74	0.71	0.28	-0.61	0.6		0.38	0.84	0.93	0.79	0.39	0.81	0.8	-0.26	0.69	0.79	-0.1	0.83	0.78	0.75	0.73
Cash	0.77	-0.54	0.86	0.81	0.73	0.77	0.42	0.8	-0.89	0.63	0.38		0.61	0.56	0.57	1.0	0.63	0.63	0.38	0.71	0.68	0.79	0.66	0.81	0.63	0.29
Non Current Assets Total	0.88	-0.57	0.53	0.85	0.97	0.87	0.77	0.48	-0.64	0.51	0.84	0.61		0.95	0.96	0.64	0.71	0.88	-0.31	0.67	0.76	0.31	1.0	0.85	0.98	0.89
Non Currrent Assets Other	0.88	-0.76	0.59	0.84	0.96	0.88	0.78	0.49	-0.72	0.69	0.93	0.56	0.95		0.94	0.58	0.82	0.89	-0.22	0.79	0.88	0.16	0.94	0.84	0.88	0.83
Other Assets	0.85	-0.65	0.56	0.78	0.94	0.84	0.64	0.45	-0.66	0.54	0.79	0.57	0.96	0.94		0.6	0.67	0.87	-0.17	0.69	0.76	0.3	0.96	0.78	0.93	0.82
Cash And Short Term Investments	0.8	-0.52	0.84	0.82	0.75	0.8	0.47	0.83	-0.87	0.64	0.39	1.0	0.64	0.58	0.6		0.64	0.65	0.32	0.73	0.7	0.8	0.69	0.81	0.66	0.34
Net Receivables	0.85	-0.85	0.8	0.88	0.82	0.85	0.64	0.68	-0.84	0.87	0.81	0.63	0.71	0.82	0.67	0.64		0.78	0.08	0.91	0.93	0.2	0.72	0.88	0.61	0.47
Common Stock Shares Outstanding	0.96	-0.61	0.6	0.89	0.89	0.95	0.72	0.43	-0.69	0.57	0.8	0.63	0.88	0.89	0.87	0.65	0.78		-0.17	0.83	0.86	0.18	0.89	0.88	0.85	0.73
Non Current Liabilities Total	-0.08	-0.37	0.58	-0.01	-0.14	-0.06	-0.51	0.26	-0.45	0.31	-0.26	0.38	-0.31	-0.22	-0.17	0.32	0.08	-0.17		0.2	0.08	0.38	-0.24	-0.01	-0.34	-0.66
Capital Surpluse	0.89	-0.83	0.8	0.81	0.81	0.91	0.64	0.71	-0.89	0.9	0.69	0.71	0.67	0.79	0.69	0.73	0.91	0.83	0.2		0.99	0.26	0.7	0.81	0.58	0.43
Inventory	0.91	-0.85	0.77	0.84	0.87	0.93	0.72	0.69	-0.87	0.9	0.79	0.68	0.76	0.88	0.76	0.7	0.93	0.86	0.08	0.99		0.23	0.77	0.84	0.66	0.56
Other Current Assets	0.38	-0.13	0.57	0.42	0.4	0.38	0.1	0.74	-0.54	0.31	-0.1	0.79	0.31	0.16	0.3	0.8	0.2	0.18	0.38	0.26	0.23		0.36	0.42	0.39	0.12
Other Stockholder Equity	0.9	-0.6	0.58	0.88	0.98	0.88	0.74	0.52	-0.68	0.53	0.83	0.66	1.0	0.94	0.96	0.69	0.72	0.89	-0.24	0.7	0.77	0.36		0.87	0.98	0.85
Total Liab	0.94	-0.68	0.79	1.0	0.91	0.92	0.7	0.64	-0.83	0.66	0.78	0.81	0.85	0.84	0.78	0.81	0.88	0.88	-0.01	0.81	0.84	0.42	0.87		0.82	0.61
Long Term Investments	0.85	-0.44	0.48	0.83	0.93	0.83	0.72	0.46	-0.58	0.39	0.75	0.63	0.98	0.88	0.93	0.66	0.61	0.85	-0.34	0.58	0.66	0.39	0.98	0.82		0.88
Property Plant And Equipment Gross	0.7	-0.3	0.14	0.61	0.8	0.69	0.82	0.28	-0.3	0.3	0.73	0.29	0.89	0.83	0.82	0.34	0.47	0.73	-0.66	0.43	0.56	0.12	0.85	0.61	0.88

Click cells to compare fundamentals

ZK International Account Relationship Matchups

ZK International fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	78.4M	86.5M	133.7M	128.9M	148.3M	89.0M
Short Long Term Debt Total	16.6M	18.2M	24.6M	20.3M	18.3M	17.3M
Other Current Liab	11.4M	10.2M	12.2M	11.7M	13.5M	12.0M
Total Current Liabilities	34.6M	40.9M	44.5M	43.8M	50.4M	42.7M
Total Stockholder Equity	43.5M	45.0M	88.8M	84.7M	97.4M	102.2M
Net Tangible Assets	42.6M	44.1M	80.0M	73.3M	84.3M	42.6M
Property Plant And Equipment Net	6.6M	7.9M	8.1M	7.2M	8.2M	7.4M
Current Deferred Revenue	2.4M	2.3M	5.7M	1.8M	2.0M	2.7M
Net Debt	13.1M	14.5M	11.0M	12.8M	11.5M	12.5M
Retained Earnings	24.4M	23.5M	19.7M	13.4M	15.4M	15.9M
Accounts Payable	4.2M	10.4M	2.2M	10.1M	11.6M	12.2M
Cash	3.5M	3.8M	13.5M	7.5M	8.6M	6.6M
Non Current Assets Total	19.5M	21.7M	55.0M	62.2M	71.5M	75.1M
Non Currrent Assets Other	11.5M	11.8M	12.5M	18.0M	20.7M	21.7M
Other Assets	11.7M	0.0	12.8M	18.3M	21.0M	22.1M
Cash And Short Term Investments	3.7M	4.1M	16.1M	8.4M	9.7M	7.3M
Net Receivables	27.5M	35.0M	29.3M	30.8M	35.4M	30.0M
Common Stock Shares Outstanding	16.6M	16.6M	21.9M	29.4M	33.8M	17.5M
Short Term Investments	279.8K	294.6K	2.6M	915.6K	1.1M	674.0K
Liabilities And Stockholders Equity	78.4M	86.5M	133.7M	128.9M	148.3M	89.0M
Non Current Liabilities Total	7.2B	269.3K	27.8K	10.3K	9.2K	8.8K
Inventory	20.8M	21.7M	20.7M	21.1M	24.3M	17.1M
Other Current Assets	6.8M	4.1M	12.6M	6.4M	7.4M	8.4M
Total Liab	34.6M	41.1M	44.5M	43.9M	50.4M	42.8M
Long Term Investments	291.5K	306.8K	25.3M	25.3M	29.1M	30.5M
Short Long Term Debt	16.6M	17.9M	24.5M	20.3M	23.4M	20.0M
Total Current Assets	58.9M	64.8M	78.7M	66.8M	76.8M	62.8M
Accumulated Other Comprehensive Income	1.1M	3.4M	5.8M	535.8K	616.2K	585.4K
Short Term Debt	16.6M	17.9M	24.5M	20.3M	18.3M	17.3M
Intangible Assets	918.7K	929.0K	8.7M	11.4M	13.1M	13.8M
Property Plant Equipment	6.6M	7.9M	8.1M	7.2M	8.2M	7.4M
Net Invested Capital	60.1M	63.2M	113.3M	105.0M	120.7M	80.8M
Net Working Capital	24.3M	23.9M	34.2M	22.9M	26.4M	26.7M

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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:

How To Invest In ZKIN

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Is ZKIN Stock a good investment?

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What is ZK International's Net Worth?

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

You can also try the FinTech Suite module to use AI to screen and filter profitable investment opportunities.

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

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Is ZK International's industry 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.

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ZKIN Net Invested Capital vs Long Term Investments Analysis

Net Invested Capital vs Long Term Investments

Net Invested Capital vs Long Term Investments Correlation Analysis

Correlation Coefficient

Net Invested Capital

Long Term Investments

ZK International fundamental ratios Correlations

ZK International Account Relationship Matchups

High Positive Relationship

High Negative Relationship

ZK International fundamental ratios Accounts

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COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Net Tangible Assets	+ 1.0	Total Assets
Total Liab	+ 1.0	Total Current Liabilities
Cash And Short Term Investments	+ 1.0	Cash
Other Stockholder Equity	+ 1.0	Non Current Assets Total
Inventory	+ 0.99	Capital Surpluse
Other Stockholder Equity	+ 0.98	Total Stockholder Equity

Net Debt	- 0.97	Other Current Liab
Capital Surpluse	- 0.89	Net Debt
Cash	- 0.89	Net Debt
Retained Earnings	- 0.88	Short Long Term Debt Total
Inventory	- 0.87	Net Debt
Cash And Short Term Investments	- 0.87	Net Debt