Zurich Net Income vs Income Tax Expense Analysis

0QP2 Stock   561.80  3.20  0.57%   
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 Net Income and its Income Tax Expense 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.

Net Income vs Income Tax Expense

Net Income vs Income Tax Expense Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Zurich Insurance Net Income account and Income Tax Expense. At this time, the significance of the direction appears to have weak relationship.
The correlation between Zurich Insurance's Net Income and Income Tax Expense is 0.34. Overlapping area represents the amount of variation of Net Income that can explain the historical movement of Income Tax Expense 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 Net Income and Income Tax Expense 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 Income of Zurich Insurance Group are associated (or correlated) with its Income Tax Expense. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Income Tax Expense has no effect on the direction of Net Income i.e., Zurich Insurance's Net Income and Income Tax Expense go up and down completely randomly.

Correlation Coefficient

0.34
Relationship DirectionPositive 
Relationship StrengthVery Weak

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in Zurich Insurance financial statement analysis. It represents the amount of money remaining after all of Zurich Insurance Group operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.

Income Tax Expense

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 2025, whereas Selling General Administrative is likely to drop slightly above 7.6 B in 2025.
 2022 2023 2024 2025 (projected)
Interest Expense434M456M410.4M810.7M
Depreciation And Amortization756M852M979.8M967.9M

Zurich Insurance fundamental ratios Correlations

0.550.9-0.90.840.250.71-0.830.250.15-0.070.10.180.370.90.550.010.34-0.211.00.18-0.780.74-0.9-0.130.24
0.550.5-0.540.280.540.7-0.330.340.440.48-0.450.750.850.580.80.17-0.01-0.650.570.75-0.150.62-0.490.420.84
0.90.5-0.990.630.320.77-0.940.130.220.030.010.190.370.960.610.110.37-0.410.910.19-0.790.79-0.99-0.270.21
-0.9-0.54-0.99-0.61-0.33-0.730.94-0.17-0.3-0.10.08-0.26-0.44-0.96-0.66-0.19-0.280.42-0.91-0.260.75-0.821.00.23-0.28
0.840.280.63-0.610.060.48-0.560.22-0.18-0.410.41-0.070.070.570.21-0.270.360.190.81-0.07-0.760.4-0.630.01-0.06
0.250.540.32-0.330.060.39-0.22-0.570.280.39-0.260.360.30.370.470.00.33-0.40.270.36-0.070.44-0.31-0.080.32
0.710.70.77-0.730.480.39-0.620.18-0.01-0.030.070.360.470.740.6-0.20.56-0.670.730.36-0.630.59-0.710.070.45
-0.83-0.33-0.940.94-0.56-0.22-0.62-0.09-0.220.0-0.070.05-0.24-0.9-0.38-0.13-0.310.28-0.840.050.76-0.70.950.37-0.07
0.250.340.13-0.170.22-0.570.18-0.090.170.08-0.180.360.540.130.280.21-0.41-0.20.250.36-0.050.04-0.130.470.41
0.150.440.22-0.3-0.180.28-0.01-0.220.170.93-0.930.560.690.380.560.92-0.61-0.360.190.560.370.32-0.260.00.61
-0.070.480.03-0.1-0.410.39-0.030.00.080.93-0.950.620.680.190.510.78-0.57-0.48-0.030.620.560.2-0.040.070.65
0.1-0.450.010.080.41-0.260.07-0.07-0.18-0.93-0.95-0.72-0.72-0.15-0.58-0.880.670.440.06-0.72-0.57-0.20.02-0.19-0.7
0.180.750.19-0.26-0.070.360.360.050.360.560.62-0.720.860.280.890.46-0.27-0.640.211.00.160.4-0.190.430.82
0.370.850.37-0.440.070.30.47-0.240.540.690.68-0.720.860.470.820.54-0.32-0.70.40.860.070.4-0.370.460.88
0.90.580.96-0.960.570.370.74-0.90.130.380.19-0.150.280.470.660.250.24-0.440.920.28-0.680.84-0.96-0.250.37
0.550.80.61-0.660.210.470.6-0.380.280.560.51-0.580.890.820.660.43-0.05-0.680.570.89-0.230.71-0.610.160.73
0.010.170.11-0.19-0.270.0-0.2-0.130.210.920.78-0.880.460.540.250.43-0.71-0.20.040.460.390.2-0.150.00.48
0.34-0.010.37-0.280.360.330.56-0.31-0.41-0.61-0.570.67-0.27-0.320.24-0.05-0.71-0.150.33-0.27-0.650.13-0.31-0.33-0.31
-0.21-0.65-0.410.420.19-0.4-0.670.28-0.2-0.36-0.480.44-0.64-0.7-0.44-0.68-0.2-0.15-0.25-0.640.08-0.350.37-0.05-0.6
1.00.570.91-0.910.810.270.73-0.840.250.19-0.030.060.210.40.920.570.040.33-0.250.21-0.770.76-0.91-0.140.27
0.180.750.19-0.26-0.070.360.360.050.360.560.62-0.721.00.860.280.890.46-0.27-0.640.210.160.4-0.190.430.82
-0.78-0.15-0.790.75-0.76-0.07-0.630.76-0.050.370.56-0.570.160.07-0.68-0.230.39-0.650.08-0.770.16-0.540.780.270.19
0.740.620.79-0.820.40.440.59-0.70.040.320.2-0.20.40.40.840.710.20.13-0.350.760.4-0.54-0.81-0.160.4
-0.9-0.49-0.991.0-0.63-0.31-0.710.95-0.13-0.26-0.040.02-0.19-0.37-0.96-0.61-0.15-0.310.37-0.91-0.190.78-0.810.28-0.21
-0.130.42-0.270.230.01-0.080.070.370.470.00.07-0.190.430.46-0.250.160.0-0.33-0.05-0.140.430.27-0.160.280.53
0.240.840.21-0.28-0.060.320.45-0.070.410.610.65-0.70.820.880.370.730.48-0.31-0.60.270.820.190.4-0.210.53
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Zurich Insurance Account Relationship Matchups

Zurich Insurance fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets439.3B435.8B377.8B361.4B415.6B397.1B
Short Long Term Debt Total15.9B17.0B15.7B15.5B17.8B14.4B
Other Current Liab(770M)(622M)(721M)(1.5B)(1.8B)(1.8B)
Total Current Liabilities1.0B225M192M(203M)(182.7M)(173.6M)
Total Stockholder Equity38.3B37.9B26.6B24.9B28.6B30.5B
Net Debt4.8B8.3B8.1B8.2B9.4B9.9B
Retained Earnings39.0B41.7B42.9B32.8B37.8B25.5B
Accounts Payable844M773M15.3B4.2B3.7B3.6B
Cash11.1B8.7B7.6B7.3B6.6B7.4B
Non Current Assets Total196.6B180.0B133.9B473.8B544.8B572.1B
Non Currrent Assets Other(196.6B)(180.0B)(133.9B)339.2B390.0B409.5B
Other Assets216.7B95.2B129.5B(212.6B)(244.5B)(232.3B)
Cash And Short Term Investments26.0B160.6B114.4B100.2B115.3B121.0B
Good Will4.1B4.3B4.4B4.5B5.2B5.5B
Common Stock Shares Outstanding150.0M150.1M149.6M146.4M168.3M151.1M
Short Term Investments14.9B151.9B106.9B93.0B106.9B112.3B
Liabilities And Stockholders Equity439.3B435.8B377.8B361.4B415.6B397.1B
Non Current Liabilities Total26.1B27.0B192M335.1B385.4B404.6B
Other Current Assets37.4B46.8B58.0B886M1.0B968.0M
Other Stockholder Equity1.4B(9.1B)(28.0B)(17.3B)(15.6B)(14.8B)
Total Liab399.5B396.7B349.9B335.1B385.4B364.9B
Total Current Assets26.0B160.6B114.4B100.2B115.3B121.0B
Intangible Assets5.3B7.1B7.1B7.0B8.0B5.5B
Accumulated Other Comprehensive Income(2.2B)(5.3B)(10.8B)(9.3B)(8.4B)(8.8B)
Property Plant And Equipment Net2.7B2.4B2.2B2.1B1.9B1.5B
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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When running Zurich Insurance's price analysis, check to measure Zurich Insurance'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 Zurich Insurance is operating at the current time. Most of Zurich Insurance's value examination focuses on studying past and present price action to predict the probability of Zurich Insurance's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Zurich Insurance's price. Additionally, you may evaluate how the addition of Zurich Insurance to your portfolios can decrease your overall portfolio volatility.