Zynex Change In Working Capital from 2010 to 2024

ZYXI Stock  USD 8.34  0.08  0.97%   
Zynex's Change In Working Capital is decreasing with stable movements from year to year. Change In Working Capital is estimated to finish at about 6.2 M this year. Change In Working Capital is the difference in the amount of working capital from one period to the next, indicating the change in a company's short-term assets and liabilities. View All Fundamentals
 
Change In Working Capital  
First Reported
1998-03-31
Previous Quarter
-1.6 M
Current Value
3.6 M
Quarterly Volatility
7.3 M
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Zynex financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Zynex's main balance sheet or income statement drivers, such as Depreciation And Amortization of 4.4 M, Interest Expense of 1.1 M or Total Revenue of 193.5 M, as well as many indicators such as Price To Sales Ratio of 2.0, Dividend Yield of 0.0 or PTB Ratio of 7.97. Zynex financial statements analysis is a perfect complement when working with Zynex Valuation or Volatility modules.
  
Check out the analysis of Zynex Correlation against competitors.

Latest Zynex's Change In Working Capital Growth Pattern

Below is the plot of the Change In Working Capital of Zynex Inc over the last few years. It is the difference in the amount of working capital from one period to the next, indicating the change in a company's short-term assets and liabilities. Zynex's Change In Working Capital historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Zynex's overall financial position and show how it may be relating to other accounts over time.
Change In Working Capital10 Years Trend
Pretty Stable
   Change In Working Capital   
       Timeline  

Zynex Change In Working Capital Regression Statistics

Arithmetic Mean(2,088,258)
Geometric Mean2,458,345
Coefficient Of Variation(298.38)
Mean Deviation4,858,727
Median(607,000)
Standard Deviation6,231,014
Sample Variance38.8T
Range21.4M
R-Value(0.13)
Mean Square Error41.1T
R-Squared0.02
Significance0.65
Slope(178,069)
Total Sum of Squares543.6T

Zynex Change In Working Capital History

20246.2 M
20235.9 M
2022-9.1 M
2021-15.2 M
2020-12.2 M
2019-4.3 M
2018-607 K

About Zynex Financial Statements

Investors use fundamental indicators, such as Zynex's Change In Working Capital, to determine how well the company is positioned to perform in the future. Although Zynex's investors may analyze each financial statement separately, they are all interrelated. Understanding these patterns can help investors make the right trading decisions.
Last ReportedProjected for Next Year
Change In Working Capital5.9 M6.2 M

Currently Active Assets on Macroaxis

When determining whether Zynex Inc offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Zynex'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 Zynex Inc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Zynex Inc Stock:
Check out the analysis of Zynex Correlation against competitors.
You can also try the Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.
Is Health Care Equipment & Supplies 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 Zynex. If investors know Zynex 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 Zynex 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
(0.30)
Earnings Share
0.14
Revenue Per Share
5.984
Quarterly Revenue Growth
0.001
Return On Assets
0.0399
The market value of Zynex Inc is measured differently than its book value, which is the value of Zynex that is recorded on the company's balance sheet. Investors also form their own opinion of Zynex's value that differs from its market value or its book value, called intrinsic value, which is Zynex'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 Zynex's market value can be influenced by many factors that don't directly affect Zynex'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 Zynex's value and its price as these two are different measures arrived at by different means. Investors typically determine if Zynex is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Zynex'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.