ZenaTech Interest Expense from 2010 to 2024

ZENA Stock   7.00  0.26  3.58%   
ZenaTech's Interest Expense is increasing over the years with slightly volatile fluctuation. Interest Expense is expected to dwindle to about 244.8 K. Interest Expense is the cost incurred by an entity for borrowed funds, including loans, bonds, or lines of credit. View All Fundamentals
 
Interest Expense  
First Reported
2010-12-31
Previous Quarter
470.5 K
Current Value
244.8 K
Quarterly Volatility
128.6 K
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check ZenaTech financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among ZenaTech's main balance sheet or income statement drivers, such as Interest Income of 0.0, Interest Expense of 244.8 K or Selling General Administrative of 1.9 M, as well as many indicators such as . ZenaTech financial statements analysis is a perfect complement when working with ZenaTech Valuation or Volatility modules.
  
Check out the analysis of ZenaTech Correlation against competitors.
For information on how to trade ZenaTech Stock refer to our How to Trade ZenaTech Stock guide.

Latest ZenaTech's Interest Expense Growth Pattern

Below is the plot of the Interest Expense of ZenaTech over the last few years. It is the cost incurred by an entity for borrowed funds, including loans, bonds, or lines of credit. ZenaTech's Interest Expense historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in ZenaTech's overall financial position and show how it may be relating to other accounts over time.
Interest Expense10 Years Trend
Slightly volatile
   Interest Expense   
       Timeline  

ZenaTech Interest Expense Regression Statistics

Arithmetic Mean95,416
Geometric Mean52,656
Coefficient Of Variation134.81
Mean Deviation96,509
Median29,614
Standard Deviation128,634
Sample Variance16.5B
Range440.9K
R-Value0.70
Mean Square Error9B
R-Squared0.49
Significance0
Slope20,232
Total Sum of Squares231.7B

ZenaTech Interest Expense History

2024244.8 K
2023470.5 K
2022219.1 K
2021171 K

About ZenaTech Financial Statements

ZenaTech stakeholders use historical fundamental indicators, such as ZenaTech's Interest Expense, to determine how well the company is positioned to perform in the future. Although ZenaTech investors may analyze each financial statement separately, they are all interrelated. For example, changes in ZenaTech's assets and liabilities are reflected in the revenues and expenses on ZenaTech's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in ZenaTech. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Interest Expense470.5 K244.8 K

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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.
When determining whether ZenaTech offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of ZenaTech'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 Zenatech Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Zenatech Stock:
Check out the analysis of ZenaTech Correlation against competitors.
For information on how to trade ZenaTech Stock refer to our How to Trade ZenaTech Stock guide.
You can also try the Sectors module to list of equity sectors categorizing publicly traded companies based on their primary business activities.
Is Business Services 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 ZenaTech. If investors know ZenaTech 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 ZenaTech listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.03)
Revenue Per Share
0.114
Quarterly Revenue Growth
(0.18)
Return On Assets
0.0098
Return On Equity
(0.04)
The market value of ZenaTech is measured differently than its book value, which is the value of ZenaTech that is recorded on the company's balance sheet. Investors also form their own opinion of ZenaTech's value that differs from its market value or its book value, called intrinsic value, which is ZenaTech'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 ZenaTech's market value can be influenced by many factors that don't directly affect ZenaTech'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 ZenaTech's value and its price as these two are different measures arrived at by different means. Investors typically determine if ZenaTech is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ZenaTech'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.