Zoom Non Current Assets Total vs Cash And Short Term Investments 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 Non Current Assets Total and its Cash And Short Term Investments 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.

Non Current Assets Total vs Cash And Short Term Investments

Non Current Assets Total vs Cash And Short Term Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Zoom Video Communications Non Current Assets Total account and Cash And Short Term Investments. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Zoom Video's Non Current Assets Total and Cash And Short Term Investments is 0.97. Overlapping area represents the amount of variation of Non Current Assets Total that can explain the historical movement of Cash And Short Term Investments 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 Non Current Assets Total and Cash And Short Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Current Assets Total of Zoom Video Communications are associated (or correlated) with its Cash And Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash And Short Term Investments has no effect on the direction of Non Current Assets Total i.e., Zoom Video's Non Current Assets Total and Cash And Short Term Investments go up and down completely randomly.

Correlation Coefficient

0.97
Relationship DirectionPositive 
Relationship StrengthVery Strong

Non Current Assets Total

The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.

Cash And Short Term Investments

Short Term Investments is an account in the current assets section of Zoom Video Communications balance sheet. This account contains Zoom Video investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Zoom Video Communications fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.
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

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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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When running Zoom Video's price analysis, check to measure Zoom Video's 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 Zoom Video is operating at the current time. Most of Zoom Video's value examination focuses on studying past and present price action to predict the probability of Zoom Video's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Zoom Video's price. Additionally, you may evaluate how the addition of Zoom Video to your portfolios can decrease your overall portfolio volatility.