Zoom Net Tangible Assets vs Total Liab Analysis

0A1O Stock   89.53  4.53  5.33%   
Zoom Video financial indicator trend analysis is more than just analyzing Zoom Video Communications current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Zoom Video Communications is a good investment. Please check the relationship between Zoom Video Net Tangible Assets and its Total Liab accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Zoom Video Communications. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Net Tangible Assets vs Total Liab

Net Tangible Assets vs Total Liab Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Zoom Video Communications Net Tangible Assets account and Total Liab. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Zoom Video's Net Tangible Assets and Total Liab is 0.89. Overlapping area represents the amount of variation of Net Tangible Assets that can explain the historical movement of Total Liab in the same time period over historical financial statements of Zoom Video Communications, assuming nothing else is changed. The correlation between historical values of Zoom Video's Net Tangible Assets and Total Liab 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 Tangible Assets of Zoom Video Communications are associated (or correlated) with its Total Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Liab has no effect on the direction of Net Tangible Assets i.e., Zoom Video's Net Tangible Assets and Total Liab go up and down completely randomly.

Correlation Coefficient

0.89
Relationship DirectionPositive 
Relationship StrengthStrong

Net Tangible Assets

The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.

Total Liab

The total amount of all liabilities that a company has, including both short-term and long-term liabilities.
Most indicators from Zoom Video's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Zoom Video Communications 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Zoom Video Communications. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
Selling General Administrative is likely to drop to about 290.4 M in 2024
 2021 2022 2023 2024 (projected)
Gross Profit3.0B3.0B3.5B3.6B
Total Revenue4.1B4.4B4.5B2.3B

Zoom Video fundamental ratios Correlations

0.910.921.00.870.90.92-0.840.980.860.780.980.990.011.00.920.980.940.990.920.751.00.850.890.940.99
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1.00.90.910.860.890.91-0.830.990.850.760.990.99-0.021.00.910.970.950.990.910.731.00.830.880.931.0
0.870.860.850.860.960.89-0.790.80.790.760.840.880.110.870.850.820.750.840.870.930.870.940.990.850.84
0.90.90.880.890.960.92-0.830.830.770.810.860.890.120.90.870.850.770.850.890.890.90.980.990.880.87
0.920.990.990.910.890.92-0.830.870.920.850.910.890.220.920.990.930.830.871.00.910.920.950.920.990.9
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0.980.850.880.990.80.830.87-0.740.820.670.990.98-0.050.970.890.950.980.990.870.670.980.770.830.91.0
0.860.910.940.850.790.770.92-0.770.820.790.870.840.080.860.950.890.780.810.940.80.860.80.790.940.84
0.780.920.860.760.760.810.85-0.980.670.790.690.770.20.810.810.850.550.680.870.780.80.840.80.850.72
0.980.880.910.990.840.860.91-0.750.990.870.690.97-0.020.970.930.950.980.980.910.720.980.810.860.930.99
0.990.890.890.990.880.890.89-0.840.980.840.770.97-0.070.990.890.950.930.990.890.750.990.830.90.910.98
0.010.190.22-0.020.110.120.22-0.1-0.050.080.2-0.02-0.070.030.140.13-0.02-0.110.230.250.010.240.120.20.0
1.00.920.931.00.870.90.92-0.870.970.860.810.970.990.030.920.980.930.980.930.761.00.860.90.940.99
0.920.970.990.910.850.870.99-0.780.890.950.810.930.890.140.920.920.870.880.990.860.920.90.870.990.91
0.980.940.950.970.820.850.93-0.890.950.890.850.950.950.130.980.920.90.930.940.730.980.830.840.960.96
0.940.790.840.950.750.770.83-0.620.980.780.550.980.93-0.020.930.870.90.970.830.620.930.720.770.870.97
0.990.850.870.990.840.850.87-0.760.990.810.680.980.99-0.110.980.880.930.970.860.690.980.780.850.890.99
0.920.991.00.910.870.891.0-0.840.870.940.870.910.890.230.930.990.940.830.860.880.920.930.891.00.9
0.750.870.870.730.930.890.91-0.730.670.80.780.720.750.250.760.860.730.620.690.880.750.950.920.840.72
1.00.920.921.00.870.90.92-0.860.980.860.80.980.990.011.00.920.980.930.980.920.750.850.90.940.99
0.850.930.910.830.940.980.95-0.820.770.80.840.810.830.240.860.90.830.720.780.930.950.850.970.90.82
0.890.890.880.880.990.990.92-0.820.830.790.80.860.90.120.90.870.840.770.850.890.920.90.970.870.87
0.940.981.00.930.850.880.99-0.840.90.940.850.930.910.20.940.990.960.870.891.00.840.940.90.870.92
0.990.880.911.00.840.870.9-0.781.00.840.720.990.980.00.990.910.960.970.990.90.720.990.820.870.92
Click cells to compare fundamentals

Zoom Video Account Relationship Matchups

Zoom Video fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.3B5.3B7.6B8.1B9.9B10.4B
Other Current Liab115.0M377.4M352.8M388.5M453.6M242.3M
Total Current Liabilities333.8M1.3B1.6B1.7B1.8B952.1M
Total Stockholder Equity833.9M3.9B5.8B6.2B8.0B8.4B
Property Plant And Equipment Net125.7M247.6M318.3M333.7M352.7M197.2M
Net Debt(259.2M)(2.2B)(967.3M)(1.0B)(1.5B)(1.4B)
Retained Earnings152K672.5M2.0B2.2B2.8B2.9B
Accounts Payable1.6M8.7M7.8M14.4M10.2M7.1M
Cash331.7M2.3B1.1B1.1B1.6B905.8M
Non Current Assets Total239.2M641.8M1.6B2.0B2.0B2.1B
Non Currrent Assets Other99.2M315.2M390.8M432.2M627.4M658.7M
Other Assets63.4M214.5M629.8M1.0(208.5M)(198.1M)
Cash And Short Term Investments903.7M4.3B5.4B5.4B7.0B7.3B
Net Receivables120.4M294.7M419.7M557.4M536.1M278.6M
Common Stock Shares Outstanding254.3M298.1M305.8M304.2M308.5M309.3M
Liabilities And Stockholders Equity1.3B5.3B7.6B8.1B9.9B10.4B
Other Current Assets26.5M66.3M135.4M150.0M212.3M222.9M
Total Liab455.9M1.4B1.8B1.9B1.9B1.1B
Total Current Assets1.1B4.7B6.0B6.1B7.9B8.3B
Accumulated Other Comprehensive Income809K839K(17.9M)(50.4M)1.1M1.1M
Common Stock277K292K299K294K307K235.8K
Current Deferred Revenue209.5M858.3M1.1B1.3B1.3B768.9M
Short Term Investments572.1M2.0B4.4B4.3B5.4B5.7B
Non Current Liabilities Total122.1M177.3M191.6M182.8M148.2M139.2M
Other Stockholder Equity832.7M3.2B3.7B4.1B5.2B2.7B
Short Long Term Debt Total72.5M106.0M105.7M96.5M73.0M85.9M
Short Term Debt(131.3M)(842.7M)(1.2B)(1.3B)(1.2B)(1.3B)

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