Zincx Resources Corp Stock Retained Earnings
| ZNX Stock | CAD 0.07 0.01 12.50% |
ZincX Resources Corp fundamentals help investors to digest information that contributes to ZincX Resources' financial success or failures. It also enables traders to predict the movement of ZincX Stock. The fundamental analysis module provides a way to measure ZincX Resources' intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to ZincX Resources stock.
| Last Reported | Projected for Next Year | ||
| Retained Earnings | -85.4 M | -81.1 M |
ZincX | Retained Earnings |
ZincX Resources Corp Company Retained Earnings Analysis
ZincX Resources' Retained Earnings is a balance sheet account that refers to the portion of company income that is retained by the firm. In other words, it is a part of earnings that is not paid out as dividends or otherwise distributed to owners. Retained Earnings are calculated by adding net income to last period retained earnings and subtracting any dividends paid to owners.
More About Retained Earnings | All Equity Analysis
Retained Earnings | = | Beginning RE + Income | - | Dividends |
Current ZincX Resources Retained Earnings | (94.85 M) |
Most of ZincX Resources' fundamental indicators, such as Retained Earnings, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, ZincX Resources Corp is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Retained Earnings shows how the firm utilizes its profits over time. In simple terms, investors can think of retained earnings as the amount of profit the company has reinvested in the business since its inceptions. However the methodology to make a decision over how much profit to retain is different between companies in different industries. For example, growing industries tend to retain more of their earnings than more matured industries as they need more assets investment to sustain their growth.
| Competition |
Based on the latest financial disclosure, ZincX Resources Corp has a Retained Earnings of (94.85 Million). This is 100.49% lower than that of the Metals & Mining sector and 101.08% lower than that of the Materials industry. The retained earnings for all Canada stocks is 101.02% higher than that of the company.
ZincX Retained Earnings Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses ZincX Resources' direct or indirect competition against its Retained Earnings to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of ZincX Resources could also be used in its relative valuation, which is a method of valuing ZincX Resources by comparing valuation metrics of similar companies.ZincX Resources is currently under evaluation in retained earnings category among related companies.
ZincX Fundamentals
| Return On Equity | -0.0174 | |||
| Return On Asset | -0.0122 | |||
| Current Valuation | 12.27 M | |||
| Shares Outstanding | 187.9 M | |||
| Shares Owned By Insiders | 26.61 % | |||
| Shares Owned By Institutions | 1.33 % | |||
| Number Of Shares Shorted | 891 | |||
| Price To Book | 0.50 X | |||
| EBITDA | (983.47 K) | |||
| Net Income | (564.66 K) | |||
| Cash And Equivalents | 3.72 M | |||
| Cash Per Share | 0.02 X | |||
| Total Debt | 38.06 K | |||
| Current Ratio | 10.85 X | |||
| Book Value Per Share | 0.13 X | |||
| Cash Flow From Operations | (546.78 K) | |||
| Short Ratio | 0.01 X | |||
| Beta | 1.46 | |||
| Market Capitalization | 13.15 M | |||
| Total Asset | 26.1 M | |||
| Retained Earnings | (94.85 M) | |||
| Working Capital | (158.25 K) | |||
| Net Asset | 26.1 M |
About ZincX Resources Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze ZincX Resources Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of ZincX Resources using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of ZincX Resources Corp based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards ZincX Resources in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, ZincX Resources' short interest history, or implied volatility extrapolated from ZincX Resources options trading.
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in ZincX Resources Corp. 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 Stocks Directory module to find actively traded stocks across global markets.
Complementary Tools for ZincX Stock analysis
When running ZincX Resources' price analysis, check to measure ZincX Resources' 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 ZincX Resources is operating at the current time. Most of ZincX Resources' value examination focuses on studying past and present price action to predict the probability of ZincX Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ZincX Resources' price. Additionally, you may evaluate how the addition of ZincX Resources to your portfolios can decrease your overall portfolio volatility.
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