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 Non Current Liabilities Total and its Long Term Debt 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.
Non Current Liabilities Total vs Long Term Debt
Non Current Liabilities Total vs Long Term Debt Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Zurich Insurance Non Current Liabilities Total account and
Long Term Debt. At this time, the significance of the direction appears to have weak relationship.
The correlation between Zurich Insurance's Non Current Liabilities Total and Long Term Debt is 0.39. Overlapping area represents the amount of variation of Non Current Liabilities Total that can explain the historical movement of Long Term Debt 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 Non Current Liabilities Total and Long Term Debt 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 Liabilities Total of Zurich Insurance Group are associated (or correlated) with its Long Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Debt has no effect on the direction of Non Current Liabilities Total i.e., Zurich Insurance's Non Current Liabilities Total and Long Term Debt go up and down completely randomly.
Correlation Coefficient | 0.39 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Non Current Liabilities Total
Long Term Debt
Long-term debt is a debt that Zurich Insurance has held for over one year. Long-term debt appears on Zurich Insurance Group balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on Zurich Insurance Group balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.
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.
Zurich Insurance fundamental ratios Correlations
Click cells to compare fundamentals
Zurich Insurance Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Zurich Insurance fundamental ratios Accounts
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Additional Tools for Zurich Stock Analysis
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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.