Zurich Depreciation And Amortization vs Non Current Assets Total Analysis

0QP2 Stock   552.00  0.48  0.09%   
Zurich Insurance financial indicator trend analysis is more than just analyzing Zurich Insurance current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Zurich Insurance is a good investment. Please check the relationship between Zurich Insurance Depreciation And Amortization and its Non Current Assets Total accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Zurich Insurance Group. 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.

Depreciation And Amortization vs Non Current Assets Total

Depreciation And Amortization vs Non Current Assets Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Zurich Insurance Depreciation And Amortization account and Non Current Assets Total. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Zurich Insurance's Depreciation And Amortization and Non Current Assets Total is 0.12. Overlapping area represents the amount of variation of Depreciation And Amortization that can explain the historical movement of Non Current Assets Total in the same time period over historical financial statements of Zurich Insurance Group, assuming nothing else is changed. The correlation between historical values of Zurich Insurance's Depreciation And Amortization and Non Current Assets Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Depreciation And Amortization of Zurich Insurance Group are associated (or correlated) with its Non Current Assets Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Assets Total has no effect on the direction of Depreciation And Amortization i.e., Zurich Insurance's Depreciation And Amortization and Non Current Assets Total go up and down completely randomly.

Correlation Coefficient

0.12
Relationship DirectionPositive 
Relationship StrengthInsignificant

Depreciation And Amortization

The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.

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.
Most indicators from Zurich Insurance's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Zurich Insurance 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 Zurich Insurance Group. 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.
Tax Provision is likely to gain to about 1.3 B in 2024, whereas Selling General Administrative is likely to drop slightly above 7.6 B in 2024.
 2021 2022 2023 2024 (projected)
Interest Expense1.1B434M456M810.7M
Depreciation And Amortization849M756M852M967.9M

Zurich Insurance fundamental ratios Correlations

0.550.9-0.90.880.220.7-0.830.250.1-0.560.210.150.380.920.54-0.070.26-0.191.00.15-0.830.75-0.9-0.140.1
0.550.52-0.550.380.460.7-0.350.370.280.22-0.290.720.830.520.78-0.04-0.15-0.620.560.72-0.270.55-0.50.440.76
0.90.52-0.990.650.30.77-0.940.130.25-0.460.050.190.41.00.630.10.14-0.410.920.19-0.810.82-1.0-0.280.2
-0.9-0.55-0.99-0.64-0.28-0.740.94-0.17-0.30.470.01-0.23-0.43-0.99-0.66-0.15-0.080.4-0.92-0.230.79-0.851.00.24-0.25
0.880.380.65-0.640.110.51-0.570.23-0.13-0.640.41-0.010.210.670.29-0.230.370.160.86-0.01-0.740.49-0.650.02-0.1
0.220.460.3-0.280.110.46-0.2-0.64-0.080.320.070.180.140.290.32-0.360.26-0.280.230.18-0.230.44-0.28-0.050.19
0.70.70.77-0.740.510.46-0.620.18-0.1-0.10.190.350.650.740.61-0.320.4-0.640.720.35-0.710.58-0.710.060.38
-0.83-0.35-0.940.94-0.57-0.2-0.62-0.09-0.250.5-0.120.07-0.24-0.95-0.39-0.12-0.120.28-0.840.070.77-0.730.950.37-0.06
0.250.370.13-0.170.23-0.640.18-0.090.2-0.2-0.210.380.610.130.290.23-0.29-0.20.250.38-0.050.04-0.130.470.44
0.10.280.25-0.3-0.13-0.08-0.1-0.250.20.08-0.90.430.250.260.460.89-0.89-0.310.120.430.330.2-0.28-0.020.56
-0.560.22-0.460.47-0.640.32-0.10.5-0.20.08-0.360.30.06-0.470.01-0.16-0.27-0.42-0.540.30.63-0.320.50.150.31
0.21-0.290.050.010.410.070.19-0.12-0.21-0.9-0.36-0.65-0.320.05-0.49-0.820.920.40.19-0.65-0.57-0.02-0.03-0.2-0.68
0.150.720.19-0.23-0.010.180.350.070.380.430.3-0.650.720.180.870.31-0.4-0.620.171.00.090.33-0.180.450.79
0.380.830.4-0.430.210.140.65-0.240.610.250.06-0.320.720.380.710.11-0.18-0.620.390.72-0.210.41-0.380.630.85
0.920.521.0-0.990.670.290.74-0.950.130.26-0.470.050.180.380.630.10.13-0.390.930.18-0.810.82-1.0-0.290.18
0.540.780.63-0.660.290.320.61-0.390.290.460.01-0.490.870.710.630.3-0.24-0.660.570.87-0.320.7-0.620.150.68
-0.07-0.040.1-0.15-0.23-0.36-0.32-0.120.230.89-0.16-0.820.310.110.10.3-0.83-0.11-0.050.310.350.05-0.14-0.020.39
0.26-0.150.14-0.080.370.260.4-0.12-0.29-0.89-0.270.92-0.4-0.180.13-0.24-0.830.150.24-0.4-0.630.08-0.1-0.19-0.53
-0.19-0.62-0.410.40.16-0.28-0.640.28-0.2-0.31-0.420.4-0.62-0.62-0.39-0.66-0.110.15-0.23-0.620.11-0.280.36-0.03-0.59
1.00.560.92-0.920.860.230.72-0.840.250.12-0.540.190.170.390.930.57-0.050.24-0.230.17-0.830.77-0.92-0.160.13
0.150.720.19-0.23-0.010.180.350.070.380.430.3-0.651.00.720.180.870.31-0.4-0.620.170.090.33-0.180.450.79
-0.83-0.27-0.810.79-0.74-0.23-0.710.77-0.050.330.63-0.570.09-0.21-0.81-0.320.35-0.630.11-0.830.09-0.690.810.250.18
0.750.550.82-0.850.490.440.58-0.730.040.2-0.32-0.020.330.410.820.70.050.08-0.280.770.33-0.69-0.85-0.190.27
-0.9-0.5-1.01.0-0.65-0.28-0.710.95-0.13-0.280.5-0.03-0.18-0.38-1.0-0.62-0.14-0.10.36-0.92-0.180.81-0.850.28-0.19
-0.140.44-0.280.240.02-0.050.060.370.47-0.020.15-0.20.450.63-0.290.15-0.02-0.19-0.03-0.160.450.25-0.190.280.56
0.10.760.2-0.25-0.10.190.38-0.060.440.560.31-0.680.790.850.180.680.39-0.53-0.590.130.790.180.27-0.190.56
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Zurich Insurance Account Relationship Matchups

Zurich Insurance fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets404.7B439.3B435.8B377.8B361.4B397.1B
Short Long Term Debt Total13.9B15.9B17.0B15.7B15.5B14.4B
Other Current Liab(661M)(770M)(622M)(721M)(1.5B)(1.6B)
Total Current Liabilities844M1.0B225M192M500M475M
Total Stockholder Equity35.0B38.3B37.9B26.6B24.9B30.5B
Net Debt6.0B4.8B8.3B8.1B8.2B4.3B
Retained Earnings38.6B39.0B41.7B42.9B32.8B25.5B
Accounts Payable844M773M15.3B4.2B3.7B3.6B
Cash7.9B11.1B8.7B7.6B7.3B7.4B
Non Current Assets Total180.1B196.6B180.0B133.9B473.8B497.4B
Non Currrent Assets Other(180.1B)(196.6B)(180.0B)(133.9B)(132.9B)(139.5B)
Other Assets202.8B216.7B95.2B129.5B(212.6B)(202.0B)
Cash And Short Term Investments21.8B26.0B160.6B114.4B100.2B105.3B
Good Will3.6B4.1B4.3B4.4B4.5B2.3B
Common Stock Shares Outstanding149.8M150.0M150.1M149.6M146.4M151.1M
Liabilities And Stockholders Equity404.7B439.3B435.8B377.8B361.4B397.1B
Non Current Liabilities Total23.6B26.1B27.0B192M337.6B354.5B
Other Current Assets33.4B37.4B46.8B58.0B(101.1B)(96.1B)
Other Stockholder Equity(8.1B)1.4B(9.1B)(28.0B)(17.3B)(16.5B)
Total Liab368.1B399.5B396.7B349.9B335.1B364.9B
Total Current Assets21.8B26.0B160.6B114.4B100.2B105.3B
Intangible Assets5.4B5.3B7.1B7.1B7.0B5.5B
Accumulated Other Comprehensive Income(4.7B)(2.2B)(5.3B)(10.8B)(9.3B)(8.9B)
Property Plant And Equipment Net2.6B2.7B2.4B2.2B2.1B1.5B
Long Term Debt10.8B12.0B12B13.8B15.8B13.2B
Capital Surpluse1.2B1.2B1.2B1.4B1.7B1.4B
Property Plant Equipment2.6B2.7B2.4B2.2B2.6B2.0B
Other Liab309.8B334.4B323.1B276.6B248.9B245.6B
Net Tangible Assets26.5B29.3B26.8B15.5B13.9B19.5B
Net Receivables8.3B8.3B8.4B9.0B10.3B9.1B
Deferred Long Term Liab400M426M441M431M387.9M343.6M

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