Zurich Good Will vs Retained Earnings 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 Good Will and its Retained Earnings 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.

Good Will vs Retained Earnings

Good Will vs Retained Earnings Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Zurich Insurance Good Will account and Retained Earnings. At this time, the significance of the direction appears to have strong relationship.

The correlation between Zurich Insurance's Good Will and Retained Earnings is 0.65. Overlapping area represents the amount of variation of Good Will that can explain the historical movement of Retained Earnings 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 Good Will and Retained Earnings is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Good Will of Zurich Insurance Group are associated (or correlated) with its Retained Earnings. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Retained Earnings has no effect on the direction of Good Will i.e., Zurich Insurance's Good Will and Retained Earnings go up and down completely randomly.

Correlation Coefficient

0.65

Relationship Direction	Positive
Relationship Strength	Significant

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Good Will

An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.

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 Expense	1.1B	434M	456M	810.7M
Depreciation And Amortization	849M	756M	852M	967.9M

Interest Expense Depreciation And Amortization

Zurich Insurance fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Cash And Short Term Investments	Good Will	Common Stock Shares Outstanding	Short Term Investments	Non Current Liabilities Total	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Short Term Debt	Intangible Assets	Common Stock	Property Plant And Equipment Net	Long Term Debt
Total Assets		0.55	0.9	-0.9	0.88	0.22	0.7	-0.83	0.25	0.1	-0.56	0.21	0.15	0.38	0.92	0.54	-0.07	0.26	-0.19	1.0	0.15	-0.83	0.75	-0.9	-0.14	0.1
Short Long Term Debt Total	0.55		0.52	-0.55	0.38	0.46	0.7	-0.35	0.37	0.28	0.22	-0.29	0.72	0.83	0.52	0.78	-0.04	-0.15	-0.62	0.56	0.72	-0.27	0.55	-0.5	0.44	0.76
Other Current Liab	0.9	0.52		-0.99	0.65	0.3	0.77	-0.94	0.13	0.25	-0.46	0.05	0.19	0.4	1.0	0.63	0.1	0.14	-0.41	0.92	0.19	-0.81	0.82	-1.0	-0.28	0.2
Total Current Liabilities	-0.9	-0.55	-0.99		-0.64	-0.28	-0.74	0.94	-0.17	-0.3	0.47	0.01	-0.23	-0.43	-0.99	-0.66	-0.15	-0.08	0.4	-0.92	-0.23	0.79	-0.85	1.0	0.24	-0.25
Total Stockholder Equity	0.88	0.38	0.65	-0.64		0.11	0.51	-0.57	0.23	-0.13	-0.64	0.41	-0.01	0.21	0.67	0.29	-0.23	0.37	0.16	0.86	-0.01	-0.74	0.49	-0.65	0.02	-0.1
Net Debt	0.22	0.46	0.3	-0.28	0.11		0.46	-0.2	-0.64	-0.08	0.32	0.07	0.18	0.14	0.29	0.32	-0.36	0.26	-0.28	0.23	0.18	-0.23	0.44	-0.28	-0.05	0.19
Retained Earnings	0.7	0.7	0.77	-0.74	0.51	0.46		-0.62	0.18	-0.1	-0.1	0.19	0.35	0.65	0.74	0.61	-0.32	0.4	-0.64	0.72	0.35	-0.71	0.58	-0.71	0.06	0.38
Accounts Payable	-0.83	-0.35	-0.94	0.94	-0.57	-0.2	-0.62		-0.09	-0.25	0.5	-0.12	0.07	-0.24	-0.95	-0.39	-0.12	-0.12	0.28	-0.84	0.07	0.77	-0.73	0.95	0.37	-0.06
Cash	0.25	0.37	0.13	-0.17	0.23	-0.64	0.18	-0.09		0.2	-0.2	-0.21	0.38	0.61	0.13	0.29	0.23	-0.29	-0.2	0.25	0.38	-0.05	0.04	-0.13	0.47	0.44
Non Current Assets Total	0.1	0.28	0.25	-0.3	-0.13	-0.08	-0.1	-0.25	0.2		0.08	-0.9	0.43	0.25	0.26	0.46	0.89	-0.89	-0.31	0.12	0.43	0.33	0.2	-0.28	-0.02	0.56
Non Currrent Assets Other	-0.56	0.22	-0.46	0.47	-0.64	0.32	-0.1	0.5	-0.2	0.08		-0.36	0.3	0.06	-0.47	0.01	-0.16	-0.27	-0.42	-0.54	0.3	0.63	-0.32	0.5	0.15	0.31
Other Assets	0.21	-0.29	0.05	0.01	0.41	0.07	0.19	-0.12	-0.21	-0.9	-0.36		-0.65	-0.32	0.05	-0.49	-0.82	0.92	0.4	0.19	-0.65	-0.57	-0.02	-0.03	-0.2	-0.68
Cash And Short Term Investments	0.15	0.72	0.19	-0.23	-0.01	0.18	0.35	0.07	0.38	0.43	0.3	-0.65		0.72	0.18	0.87	0.31	-0.4	-0.62	0.17	1.0	0.09	0.33	-0.18	0.45	0.79
Good Will	0.38	0.83	0.4	-0.43	0.21	0.14	0.65	-0.24	0.61	0.25	0.06	-0.32	0.72		0.38	0.71	0.11	-0.18	-0.62	0.39	0.72	-0.21	0.41	-0.38	0.63	0.85
Common Stock Shares Outstanding	0.92	0.52	1.0	-0.99	0.67	0.29	0.74	-0.95	0.13	0.26	-0.47	0.05	0.18	0.38		0.63	0.1	0.13	-0.39	0.93	0.18	-0.81	0.82	-1.0	-0.29	0.18
Short Term Investments	0.54	0.78	0.63	-0.66	0.29	0.32	0.61	-0.39	0.29	0.46	0.01	-0.49	0.87	0.71	0.63		0.3	-0.24	-0.66	0.57	0.87	-0.32	0.7	-0.62	0.15	0.68
Non Current Liabilities Total	-0.07	-0.04	0.1	-0.15	-0.23	-0.36	-0.32	-0.12	0.23	0.89	-0.16	-0.82	0.31	0.11	0.1	0.3		-0.83	-0.11	-0.05	0.31	0.35	0.05	-0.14	-0.02	0.39
Other Current Assets	0.26	-0.15	0.14	-0.08	0.37	0.26	0.4	-0.12	-0.29	-0.89	-0.27	0.92	-0.4	-0.18	0.13	-0.24	-0.83		0.15	0.24	-0.4	-0.63	0.08	-0.1	-0.19	-0.53
Other Stockholder Equity	-0.19	-0.62	-0.41	0.4	0.16	-0.28	-0.64	0.28	-0.2	-0.31	-0.42	0.4	-0.62	-0.62	-0.39	-0.66	-0.11	0.15		-0.23	-0.62	0.11	-0.28	0.36	-0.03	-0.59
Total Liab	1.0	0.56	0.92	-0.92	0.86	0.23	0.72	-0.84	0.25	0.12	-0.54	0.19	0.17	0.39	0.93	0.57	-0.05	0.24	-0.23		0.17	-0.83	0.77	-0.92	-0.16	0.13
Total Current Assets	0.15	0.72	0.19	-0.23	-0.01	0.18	0.35	0.07	0.38	0.43	0.3	-0.65	1.0	0.72	0.18	0.87	0.31	-0.4	-0.62	0.17		0.09	0.33	-0.18	0.45	0.79
Short Term Debt	-0.83	-0.27	-0.81	0.79	-0.74	-0.23	-0.71	0.77	-0.05	0.33	0.63	-0.57	0.09	-0.21	-0.81	-0.32	0.35	-0.63	0.11	-0.83	0.09		-0.69	0.81	0.25	0.18
Intangible Assets	0.75	0.55	0.82	-0.85	0.49	0.44	0.58	-0.73	0.04	0.2	-0.32	-0.02	0.33	0.41	0.82	0.7	0.05	0.08	-0.28	0.77	0.33	-0.69		-0.85	-0.19	0.27
Common Stock	-0.9	-0.5	-1.0	1.0	-0.65	-0.28	-0.71	0.95	-0.13	-0.28	0.5	-0.03	-0.18	-0.38	-1.0	-0.62	-0.14	-0.1	0.36	-0.92	-0.18	0.81	-0.85		0.28	-0.19
Property Plant And Equipment Net	-0.14	0.44	-0.28	0.24	0.02	-0.05	0.06	0.37	0.47	-0.02	0.15	-0.2	0.45	0.63	-0.29	0.15	-0.02	-0.19	-0.03	-0.16	0.45	0.25	-0.19	0.28		0.56
Long Term Debt	0.1	0.76	0.2	-0.25	-0.1	0.19	0.38	-0.06	0.44	0.56	0.31	-0.68	0.79	0.85	0.18	0.68	0.39	-0.53	-0.59	0.13	0.79	0.18	0.27	-0.19	0.56

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Zurich Insurance Account Relationship Matchups

Zurich Insurance fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	404.7B	439.3B	435.8B	377.8B	361.4B	397.1B
Short Long Term Debt Total	13.9B	15.9B	17.0B	15.7B	15.5B	14.4B
Other Current Liab	(661M)	(770M)	(622M)	(721M)	(1.5B)	(1.6B)
Total Current Liabilities	844M	1.0B	225M	192M	500M	475M
Total Stockholder Equity	35.0B	38.3B	37.9B	26.6B	24.9B	30.5B
Net Debt	6.0B	4.8B	8.3B	8.1B	8.2B	4.3B
Retained Earnings	38.6B	39.0B	41.7B	42.9B	32.8B	25.5B
Accounts Payable	844M	773M	15.3B	4.2B	3.7B	3.6B
Cash	7.9B	11.1B	8.7B	7.6B	7.3B	7.4B
Non Current Assets Total	180.1B	196.6B	180.0B	133.9B	473.8B	497.4B
Non Currrent Assets Other	(180.1B)	(196.6B)	(180.0B)	(133.9B)	(132.9B)	(139.5B)
Other Assets	202.8B	216.7B	95.2B	129.5B	(212.6B)	(202.0B)
Cash And Short Term Investments	21.8B	26.0B	160.6B	114.4B	100.2B	105.3B
Good Will	3.6B	4.1B	4.3B	4.4B	4.5B	2.3B
Common Stock Shares Outstanding	149.8M	150.0M	150.1M	149.6M	146.4M	151.1M
Liabilities And Stockholders Equity	404.7B	439.3B	435.8B	377.8B	361.4B	397.1B
Non Current Liabilities Total	23.6B	26.1B	27.0B	192M	337.6B	354.5B
Other Current Assets	33.4B	37.4B	46.8B	58.0B	(101.1B)	(96.1B)
Other Stockholder Equity	(8.1B)	1.4B	(9.1B)	(28.0B)	(17.3B)	(16.5B)
Total Liab	368.1B	399.5B	396.7B	349.9B	335.1B	364.9B
Total Current Assets	21.8B	26.0B	160.6B	114.4B	100.2B	105.3B
Intangible Assets	5.4B	5.3B	7.1B	7.1B	7.0B	5.5B
Accumulated Other Comprehensive Income	(4.7B)	(2.2B)	(5.3B)	(10.8B)	(9.3B)	(8.9B)
Property Plant And Equipment Net	2.6B	2.7B	2.4B	2.2B	2.1B	1.5B
Long Term Debt	10.8B	12.0B	12B	13.8B	15.8B	13.2B
Capital Surpluse	1.2B	1.2B	1.2B	1.4B	1.7B	1.4B
Property Plant Equipment	2.6B	2.7B	2.4B	2.2B	2.6B	2.0B
Other Liab	309.8B	334.4B	323.1B	276.6B	248.9B	245.6B
Net Tangible Assets	26.5B	29.3B	26.8B	15.5B	13.9B	19.5B
Net Receivables	8.3B	8.3B	8.4B	9.0B	10.3B	9.1B
Deferred Long Term Liab	400M	426M	441M	431M	387.9M	343.6M

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Zurich Good Will vs Retained Earnings Analysis

Good Will vs Retained Earnings

Good Will vs Retained Earnings Correlation Analysis

Correlation Coefficient

Good Will

Retained Earnings

Zurich Insurance fundamental ratios Correlations

Zurich Insurance Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Zurich Insurance fundamental ratios Accounts

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Total Liab	+ 1.0	Total Assets
Common Stock Shares Outstanding	+ 1.0	Other Current Liab
Common Stock	+ 1.0	Total Current Liabilities
Total Current Assets	+ 1.0	Cash And Short Term Investments
Common Stock	+ 0.95	Accounts Payable
Accounts Payable	+ 0.94	Total Current Liabilities

Common Stock	- 1.0	Common Stock Shares Outstanding
Common Stock	- 1.0	Other Current Liab
Common Stock Shares Outstanding	- 0.99	Total Current Liabilities
Total Current Liabilities	- 0.99	Other Current Liab
Common Stock Shares Outstanding	- 0.95	Accounts Payable
Accounts Payable	- 0.94	Other Current Liab