Zions Bancorporation Na Stock Current Ratio

ZIONL Stock  USD 25.50  0.02  0.08%   
Zions Bancorporation NA fundamentals help investors to digest information that contributes to Zions Bancorporation's financial success or failures. It also enables traders to predict the movement of Zions Stock. The fundamental analysis module provides a way to measure Zions Bancorporation's 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 Zions Bancorporation stock.
Last ReportedProjected for Next Year
Current Ratio 0.30  0.28 
The value of Current Ratio is estimated to slide to 0.28.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

Zions Bancorporation NA Company Current Ratio Analysis

Zions Bancorporation's Current Ratio is calculated by dividing the Current Assets of a company by its Current Liabilities. It measures whether or not a company has enough cash or liquid assets to pay its current liability over the next fiscal year. The ratio is regarded as a test of liquidity for a company.

Current Zions Bancorporation Current Ratio

    
  0.28  
Most of Zions Bancorporation's fundamental indicators, such as Current Ratio, 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, Zions Bancorporation NA is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Zions Current Ratio Driver Correlations

Understanding the fundamental principles of building solid financial models for Zions Bancorporation is extremely important. It helps to project a fair market value of Zions Stock properly, considering its historical fundamentals such as Current Ratio. Since Zions Bancorporation's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Zions Bancorporation's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Zions Bancorporation's interrelated accounts and indicators.
0.480.120.880.390.0-0.130.42-0.810.26-0.75-0.80.78-0.47-0.47-0.580.750.54-0.72
0.48-0.380.070.060.50.660.06-0.770.46-0.88-0.460.33-0.42-0.420.250.290.020.09
0.12-0.380.420.4-0.48-0.670.680.17-0.010.11-0.120.37-0.22-0.22-0.180.470.45-0.38
0.880.070.420.39-0.36-0.550.49-0.490.15-0.46-0.730.84-0.42-0.42-0.710.850.69-0.9
0.390.060.40.390.11-0.070.37-0.52-0.44-0.25-0.160.31-0.32-0.320.020.270.51-0.16
0.00.5-0.48-0.360.110.57-0.42-0.42-0.15-0.290.21-0.21-0.07-0.070.27-0.36-0.390.36
-0.130.66-0.67-0.55-0.070.57-0.21-0.340.18-0.380.1-0.31-0.14-0.140.61-0.39-0.310.75
0.420.060.680.490.37-0.42-0.21-0.170.37-0.27-0.370.49-0.39-0.39-0.190.560.41-0.27
-0.81-0.770.17-0.49-0.52-0.42-0.34-0.17-0.060.840.63-0.490.40.40.16-0.42-0.340.29
0.260.46-0.010.15-0.44-0.150.180.37-0.06-0.5-0.40.35-0.36-0.360.090.43-0.03-0.08
-0.75-0.880.11-0.46-0.25-0.29-0.38-0.270.84-0.50.72-0.650.640.64-0.02-0.61-0.330.24
-0.8-0.46-0.12-0.73-0.160.210.1-0.370.63-0.40.72-0.620.370.370.32-0.68-0.560.61
0.780.330.370.840.31-0.21-0.310.49-0.490.35-0.65-0.62-0.76-0.76-0.450.960.7-0.66
-0.47-0.42-0.22-0.42-0.32-0.07-0.14-0.390.4-0.360.640.37-0.761.00.0-0.64-0.610.1
-0.47-0.42-0.22-0.42-0.32-0.07-0.14-0.390.4-0.360.640.37-0.761.00.0-0.64-0.610.1
-0.580.25-0.18-0.710.020.270.61-0.190.160.09-0.020.32-0.450.00.0-0.41-0.290.78
0.750.290.470.850.27-0.36-0.390.56-0.420.43-0.61-0.680.96-0.64-0.64-0.410.72-0.72
0.540.020.450.690.51-0.39-0.310.41-0.34-0.03-0.33-0.560.7-0.61-0.61-0.290.72-0.46
-0.720.09-0.38-0.9-0.160.360.75-0.270.29-0.080.240.61-0.660.10.10.78-0.72-0.46
Click cells to compare fundamentals

Zions Current Ratio Historical Pattern

Today, most investors in Zions Bancorporation Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Zions Bancorporation's growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's current ratio growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Zions Bancorporation current ratio as a starting point in their analysis.
   Zions Bancorporation Current Ratio   
       Timeline  
Typically, short-term creditors will prefer a high current ratio because it reduces their overall risk. However, investors may prefer a lower current ratio since they are more concerned about growing the business using assets of the company. Acceptable current ratios may vary from one sector to another, but the generally accepted benchmark is to have current assets at least as twice as current liabilities (i.e., Current Ration of 2 to 1).
Competition

Zions Price To Sales Ratio

Price To Sales Ratio

2.32

At this time, Zions Bancorporation's Price To Sales Ratio is quite stable compared to the past year.

Did you try this?

Run Equity Search Now

   

Equity Search

Search for actively traded equities including funds and ETFs from over 30 global markets
All  Next Launch Module

Zions Bancorporation ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Zions Bancorporation's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Zions Bancorporation's managers, analysts, and investors.
Environmental
Governance
Social

Zions Fundamentals

About Zions Bancorporation Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Zions Bancorporation NA's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Zions Bancorporation using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Zions Bancorporation NA 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.

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.

Try AI Portfolio Architect
When determining whether Zions Bancorporation is a strong investment it is important to analyze Zions Bancorporation's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Zions Bancorporation's future performance. For an informed investment choice regarding Zions Stock, refer to the following important reports:
Check out Zions Bancorporation Piotroski F Score and Zions Bancorporation Altman Z Score analysis.
For more information on how to buy Zions Stock please use our How to buy in Zions Stock guide.
You can also try the Analyst Advice module to analyst recommendations and target price estimates broken down by several categories.
Is Oil & Gas Exploration & Production 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 Zions Bancorporation. If investors know Zions 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 Zions Bancorporation listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Zions Bancorporation is measured differently than its book value, which is the value of Zions that is recorded on the company's balance sheet. Investors also form their own opinion of Zions Bancorporation's value that differs from its market value or its book value, called intrinsic value, which is Zions Bancorporation'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 Zions Bancorporation's market value can be influenced by many factors that don't directly affect Zions Bancorporation'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 Zions Bancorporation's value and its price as these two are different measures arrived at by different means. Investors typically determine if Zions Bancorporation is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Zions Bancorporation'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.