CNET Payout Ratio vs Average Inventory Analysis

CNET Stock  USD 1.60  0.07  4.19%   
ZW Data financial indicator trend analysis is more than just analyzing ZW Data Action current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether ZW Data Action is a good investment. Please check the relationship between ZW Data Payout Ratio and its Average Inventory accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in ZW Data Action. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.

Payout Ratio vs Average Inventory

Payout Ratio vs Average Inventory Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of ZW Data Action Payout Ratio account and Average Inventory. At this time, the significance of the direction appears to have very week relationship.
The correlation between ZW Data's Payout Ratio and Average Inventory is 0.29. Overlapping area represents the amount of variation of Payout Ratio that can explain the historical movement of Average Inventory in the same time period over historical financial statements of ZW Data Action, assuming nothing else is changed. The correlation between historical values of ZW Data's Payout Ratio and Average Inventory is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Payout Ratio of ZW Data Action are associated (or correlated) with its Average Inventory. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Average Inventory has no effect on the direction of Payout Ratio i.e., ZW Data's Payout Ratio and Average Inventory go up and down completely randomly.

Correlation Coefficient

0.29
Relationship DirectionPositive 
Relationship StrengthVery Weak

Payout Ratio

Payout Ratio is the proportion of ZW Data Action earnings paid out as dividends to shareholders. Payout Ratio is typically expressed as a percentage but can be shown as dividends paid out as a proportion of cash flow. The payout ratio is used to determine the sustainability of ZW Data Action dividend payments. A lower payout ratio is generally preferable to a higher payout ratio, with a ratio greater than 100% indicating ZW Data Action is paying out more in dividends than it makes in net income.

Average Inventory

The average amount of inventory a company holds over a certain period, which is used to calculate inventory turnover and efficiency in managing stock levels.
Most indicators from ZW Data's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into ZW Data Action 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 ZW Data Action. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.
At this time, ZW Data's Selling General Administrative is comparatively stable compared to the past year. Sales General And Administrative To Revenue is likely to gain to 0.14 in 2024, whereas Tax Provision is likely to drop (1.1 K) in 2024.
 2020 2021 2023 2024 (projected)
Cost Of Revenue37.8M47.2M31.0M35.1M
Research Development539K326K17K16.2K

ZW Data fundamental ratios Correlations

0.840.590.990.59-0.870.74-0.080.860.980.860.39-0.440.7-0.330.780.240.970.620.86-0.440.740.920.250.560.88
0.840.660.820.29-0.660.70.140.650.840.650.05-0.540.47-0.410.77-0.030.810.380.68-0.420.640.830.160.450.92
0.590.660.510.18-0.390.150.480.420.560.420.35-0.030.250.090.880.070.630.440.47-0.740.330.660.30.80.72
0.990.820.510.58-0.880.77-0.190.870.980.870.39-0.470.69-0.380.710.220.960.60.86-0.380.750.930.260.50.85
0.590.290.180.58-0.510.22-0.180.60.570.60.440.140.930.170.450.80.580.410.66-0.230.530.44-0.190.320.3
-0.87-0.66-0.39-0.88-0.51-0.690.14-0.99-0.83-0.99-0.30.4-0.690.35-0.59-0.2-0.87-0.5-0.610.28-0.79-0.78-0.34-0.39-0.75
0.740.70.150.770.22-0.69-0.140.620.770.62-0.14-0.90.37-0.870.36-0.20.660.360.610.190.440.640.18-0.080.73
-0.080.140.48-0.19-0.180.14-0.14-0.08-0.11-0.08-0.22-0.06-0.070.090.45-0.14-0.090.08-0.18-0.19-0.2-0.150.00.180.25
0.860.650.420.870.6-0.990.62-0.080.831.00.33-0.320.76-0.250.640.290.860.530.63-0.310.780.770.320.430.74
0.980.840.560.980.57-0.830.77-0.110.830.830.33-0.50.64-0.380.760.20.930.610.91-0.40.640.930.290.510.85
0.860.650.420.870.6-0.990.62-0.081.00.830.33-0.320.76-0.250.640.290.860.530.63-0.310.780.770.320.430.74
0.390.050.350.390.44-0.3-0.14-0.220.330.330.330.390.40.480.380.430.450.580.39-0.590.450.310.330.690.19
-0.44-0.54-0.03-0.470.140.4-0.9-0.06-0.32-0.5-0.320.39-0.020.92-0.190.52-0.33-0.24-0.34-0.36-0.12-0.36-0.220.29-0.56
0.70.470.250.690.93-0.690.37-0.070.760.640.760.4-0.020.020.540.670.710.450.63-0.250.750.5-0.130.340.49
-0.33-0.410.09-0.380.170.35-0.870.09-0.25-0.38-0.250.480.920.020.020.49-0.27-0.03-0.23-0.53-0.1-0.29-0.060.45-0.44
0.780.770.880.710.45-0.590.360.450.640.760.640.38-0.190.540.020.220.760.620.66-0.670.480.720.320.750.85
0.24-0.030.070.220.8-0.2-0.2-0.140.290.20.290.430.520.670.490.220.280.290.39-0.230.30.16-0.340.27-0.04
0.970.810.630.960.58-0.870.66-0.090.860.930.860.45-0.330.71-0.270.760.280.570.79-0.50.820.910.190.610.85
0.620.380.440.60.41-0.50.360.080.530.610.530.58-0.240.45-0.030.620.290.570.66-0.310.380.470.480.460.49
0.860.680.470.860.66-0.610.61-0.180.630.910.630.39-0.340.63-0.230.660.390.790.66-0.340.450.820.20.460.65
-0.44-0.42-0.74-0.38-0.230.280.19-0.19-0.31-0.4-0.31-0.59-0.36-0.25-0.53-0.67-0.23-0.5-0.31-0.34-0.4-0.54-0.21-0.97-0.37
0.740.640.330.750.53-0.790.44-0.20.780.640.780.45-0.120.75-0.10.480.30.820.380.45-0.40.60.060.450.63
0.920.830.660.930.44-0.780.64-0.150.770.930.770.31-0.360.5-0.290.720.160.910.470.82-0.540.60.260.630.8
0.250.160.30.26-0.19-0.340.180.00.320.290.320.33-0.22-0.13-0.060.32-0.340.190.480.2-0.210.060.260.290.31
0.560.450.80.50.32-0.39-0.080.180.430.510.430.690.290.340.450.750.270.610.460.46-0.970.450.630.290.47
0.880.920.720.850.3-0.750.730.250.740.850.740.19-0.560.49-0.440.85-0.040.850.490.65-0.370.630.80.310.47
Click cells to compare fundamentals

ZW Data Account Relationship Matchups

ZW Data fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets18.6M20.7M32.6M19.7M11.2M10.7M
Other Current Liab4.0M2.3M2.6M1.1M1.1M1.1M
Total Current Liabilities7.0M8.0M8.8M5.7M4.9M9.3M
Total Stockholder Equity11.5M12.5M21.8M12.3M6.3M5.9M
Property Plant And Equipment Net90K108K2.4M2.0M237K225.2K
Net Debt(912K)(3.9M)(4.8M)(2.3M)(570K)(598.5K)
Retained Earnings(35.8M)(41.0M)(43.7M)(53.5M)(59.7M)(62.7M)
Accounts Payable408K608K1.1M205K201K191.0K
Cash1.6M4.3M7.2M4.4M817K776.2K
Non Current Assets Total6.6M7.8M12.7M7.3M2.3M2.2M
Cash And Short Term Investments1.6M4.3M7.2M4.4M817K776.2K
Common Stock Total Equity14K16K20K26K23.4K22.2K
Common Stock Shares Outstanding3.4M4.3M6.6M7.1M7.2M7.6M
Liabilities And Stockholders Equity18.6M20.7M32.6M19.7M11.2M10.7M
Non Current Liabilities Total125K166K2.0M1.7M124K117.8K
Other Stockholder Equity43.1M49.8M61.8M62.0M62.1M48.0M
Total Liab7.1M8.2M10.9M7.4M5.0M4.7M
Property Plant And Equipment Gross90K60K4.7M2.0M2.1M1.2M
Total Current Assets11.9M12.9M19.9M12.3M9.0M14.6M
Accumulated Other Comprehensive Income4.1M3.7M3.7M3.8M3.9M2.2M
Common Stock20K26K35K7K6.3K6.0K
Intangible Assets1.9M2.6M7.5M3.3M841K799.0K
Short Long Term Debt Total691K387K2.4M2.1M247K234.7K
Net Tangible Assets11.5M10.0M14.2M9.0M8.1M12.5M
Noncontrolling Interest In Consolidated Entity177K(49K)(57K)(66K)(59.4K)(56.4K)
Other Assets713K5.2M516K475K1.00.95
Net Receivables3.3M3.9M3.5M1.7M844K801.8K
Retained Earnings Total Equity(20.5M)(34.5M)(35.8M)(41.0M)(36.9M)(35.0M)
Inventory2.9M1.8M7.6M4.6M4.1M4.0M
Other Current Assets4.1M6.1M9.2M6.2M7.3M7.7M
Long Term Investments35K67K2.3M1.6M794K957.6K
Short Term Debt566K221K354K448K123K116.9K
Property Plant Equipment78K60K2.4M2.0M1.8M1.9M
Current Deferred Revenue2.0M1.4M1.2M739K843K1.5M

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Additional Tools for CNET Stock Analysis

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