Zoom2u Good Will vs Retained Earnings Analysis

Z2U Stock

0.07 0 1.41%

Zoom2u Technologies financial indicator trend analysis is more than just analyzing Zoom2u Technologies current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Zoom2u Technologies is a good investment. Please check the relationship between Zoom2u Technologies Good Will and its Retained Earnings accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Zoom2u Technologies. 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 Zoom2u Technologies Good Will account and Retained Earnings. At this time, the significance of the direction appears to have pay attention.

The correlation between Zoom2u Technologies' Good Will and Retained Earnings is -0.83. 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 Zoom2u Technologies, assuming nothing else is changed. The correlation between historical values of Zoom2u Technologies' 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 Zoom2u Technologies 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., Zoom2u Technologies' Good Will and Retained Earnings go up and down completely randomly.

Correlation Coefficient

-0.83

Relationship Direction	Negative
Relationship Strength	Significant

View All Relationships

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 Zoom2u Technologies' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Zoom2u Technologies 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 Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Zoom2u Technologies. 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 expected to grow at the current pace this year. Selling General Administrative is likely to drop to about 3.2 M in 2024

	2021	2022	2023	2024 (projected)
Depreciation And Amortization	283.3K	987.2K	1.3M	1.4M
Interest Income	76.1K	315.3K	362.6K	380.7K

Depreciation And Amortization Interest Income

Zoom2u Technologies fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Net Tangible Assets	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Long Term Debt	Cash And Short Term Investments	Net Receivables	Good Will	Common Stock Shares Outstanding	Long Term Debt Total	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets
Total Assets		0.11	0.57	-0.31	0.79	0.56	0.26	-0.45	-0.52	0.15	0.86	0.69	0.18	-0.18	-0.06	0.86	-0.08	0.56	0.46	0.45	0.43	0.57	-0.52	0.49	0.24	0.77
Short Long Term Debt Total	0.11		-0.1	0.05	-0.46	-0.56	-0.59	0.78	0.03	-0.56	-0.25	0.06	0.1	-0.11	0.77	-0.25	0.36	0.37	0.27	0.69	0.77	-0.25	0.24	0.02	0.92	0.09
Other Current Liab	0.57	-0.1		0.33	0.34	0.11	0.78	-0.46	-0.92	0.52	0.72	0.86	0.59	-0.48	-0.38	0.72	-0.8	0.76	0.71	0.05	-0.01	0.87	-0.48	0.84	0.29	0.0
Total Current Liabilities	-0.31	0.05	0.33		-0.45	-0.62	0.14	0.11	-0.27	0.27	-0.1	0.12	0.08	-0.08	-0.34	-0.1	-0.57	0.08	0.09	-0.52	-0.54	0.21	0.57	0.12	0.23	-0.58
Total Stockholder Equity	0.79	-0.46	0.34	-0.45		0.89	0.38	-0.82	-0.24	0.29	0.81	0.38	-0.11	0.12	-0.38	0.81	-0.05	0.13	0.04	-0.01	-0.01	0.46	-0.5	0.19	-0.4	0.72
Net Tangible Assets	0.56	-0.56	0.11	-0.62	0.89		0.25	-0.72	0.0	0.25	0.56	0.11	-0.06	0.09	-0.42	0.56	0.18	-0.12	-0.12	-0.01	-0.03	0.22	-0.48	-0.03	-0.57	0.69
Property Plant And Equipment Net	0.26	-0.59	0.78	0.14	0.38	0.25		-0.67	-0.76	0.63	0.57	0.63	0.46	-0.36	-0.54	0.57	-0.87	0.46	0.47	-0.25	-0.34	0.77	-0.65	0.73	-0.25	-0.22
Net Debt	-0.45	0.78	-0.46	0.11	-0.82	-0.72	-0.67		0.28	-0.68	-0.75	-0.26	0.14	-0.19	0.69	-0.75	0.43	0.02	0.1	0.45	0.43	-0.66	0.48	-0.19	0.6	-0.33
Retained Earnings	-0.52	0.03	-0.92	-0.27	-0.24	0.0	-0.76	0.28		-0.35	-0.6	-0.96	-0.74	0.7	0.27	-0.6	0.79	-0.83	-0.9	-0.19	-0.02	-0.73	0.49	-0.97	-0.31	0.1
Accounts Payable	0.15	-0.56	0.52	0.27	0.29	0.25	0.63	-0.68	-0.35		0.6	0.22	0.11	-0.12	-0.78	0.6	-0.59	-0.11	0.02	-0.36	-0.47	0.8	-0.38	0.26	-0.29	0.06
Cash	0.86	-0.25	0.72	-0.1	0.81	0.56	0.57	-0.75	-0.6	0.6		0.68	0.14	-0.15	-0.43	1.0	-0.42	0.4	0.37	0.11	0.06	0.86	-0.6	0.54	-0.01	0.6
Non Current Assets Total	0.69	0.06	0.86	0.12	0.38	0.11	0.63	-0.26	-0.96	0.22	0.68		0.68	-0.68	-0.17	0.68	-0.63	0.85	0.91	0.34	0.17	0.67	-0.5	0.95	0.35	0.12
Non Currrent Assets Other	0.18	0.1	0.59	0.08	-0.11	-0.06	0.46	0.14	-0.74	0.11	0.14	0.68		-0.94	-0.15	0.14	-0.43	0.63	0.86	0.42	0.17	0.31	-0.4	0.78	0.34	-0.2
Other Assets	-0.18	-0.11	-0.48	-0.08	0.12	0.09	-0.36	-0.19	0.7	-0.12	-0.15	-0.68	-0.94		0.18	-0.15	0.37	-0.51	-0.87	-0.45	-0.12	-0.27	0.34	-0.76	-0.3	0.13
Long Term Debt	-0.06	0.77	-0.38	-0.34	-0.38	-0.42	-0.54	0.69	0.27	-0.78	-0.43	-0.17	-0.15	0.18		-0.43	0.48	0.24	0.04	0.6	0.77	-0.49	0.06	-0.13	0.57	-0.01
Cash And Short Term Investments	0.86	-0.25	0.72	-0.1	0.81	0.56	0.57	-0.75	-0.6	0.6	1.0	0.68	0.14	-0.15	-0.43		-0.42	0.4	0.37	0.11	0.06	0.86	-0.6	0.54	-0.01	0.6
Net Receivables	-0.08	0.36	-0.8	-0.57	-0.05	0.18	-0.87	0.43	0.79	-0.59	-0.42	-0.63	-0.43	0.37	0.48	-0.42		-0.49	-0.51	0.36	0.45	-0.73	0.3	-0.73	0.01	0.47
Good Will	0.56	0.37	0.76	0.08	0.13	-0.12	0.46	0.02	-0.83	-0.11	0.4	0.85	0.63	-0.51	0.24	0.4	-0.49		0.86	0.46	0.45	0.47	-0.43	0.85	0.61	-0.04
Common Stock Shares Outstanding	0.46	0.27	0.71	0.09	0.04	-0.12	0.47	0.1	-0.9	0.02	0.37	0.91	0.86	-0.87	0.04	0.37	-0.51	0.86		0.53	0.32	0.45	-0.45	0.94	0.51	-0.06
Long Term Debt Total	0.45	0.69	0.05	-0.52	-0.01	-0.01	-0.25	0.45	-0.19	-0.36	0.11	0.34	0.42	-0.45	0.6	0.11	0.36	0.46	0.53		0.91	-0.02	-0.41	0.33	0.65	0.44
Non Current Liabilities Total	0.43	0.77	-0.01	-0.54	-0.01	-0.03	-0.34	0.43	-0.02	-0.47	0.06	0.17	0.17	-0.12	0.77	0.06	0.45	0.45	0.32	0.91		-0.08	-0.33	0.14	0.69	0.44
Inventory	0.57	-0.25	0.87	0.21	0.46	0.22	0.77	-0.66	-0.73	0.8	0.86	0.67	0.31	-0.27	-0.49	0.86	-0.73	0.47	0.45	-0.02	-0.08		-0.61	0.66	0.1	0.18
Other Current Assets	-0.52	0.24	-0.48	0.57	-0.5	-0.48	-0.65	0.48	0.49	-0.38	-0.6	-0.5	-0.4	0.34	0.06	-0.6	0.3	-0.43	-0.45	-0.41	-0.33	-0.61		-0.59	0.07	-0.31
Other Stockholder Equity	0.49	0.02	0.84	0.12	0.19	-0.03	0.73	-0.19	-0.97	0.26	0.54	0.95	0.78	-0.76	-0.13	0.54	-0.73	0.85	0.94	0.33	0.14	0.66	-0.59		0.33	-0.1
Total Liab	0.24	0.92	0.29	0.23	-0.4	-0.57	-0.25	0.6	-0.31	-0.29	-0.01	0.35	0.34	-0.3	0.57	-0.01	0.01	0.61	0.51	0.65	0.69	0.1	0.07	0.33		0.01
Total Current Assets	0.77	0.09	0.0	-0.58	0.72	0.69	-0.22	-0.33	0.1	0.06	0.6	0.12	-0.2	0.13	-0.01	0.6	0.47	-0.04	-0.06	0.44	0.44	0.18	-0.31	-0.1	0.01

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Zoom2u Technologies Account Relationship Matchups

Zoom2u Technologies fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	1.8M	3.5M	6.9M	7.9M	5.8M	5.0M
Short Long Term Debt Total	119.7K	2.3M	26.9K	3.4M	3.6M	2.4M
Other Current Liab	233.0K	487.8K	679.2K	627.7K	806.0K	525.4K
Total Current Liabilities	742.1K	1.4M	1.5M	1.1M	1.3M	1.2M
Total Stockholder Equity	897.3K	(290.1K)	5.4M	3.3M	481.5K	457.4K
Net Tangible Assets	647.3K	(551.1K)	3.6M	70.5K	81.0K	77.0K
Property Plant And Equipment Net	174.6K	143.2K	174.8K	117.7K	152.7K	124.9K
Net Debt	(633.9K)	(192.9K)	(4.2M)	(453.1K)	1.6M	1.7M
Retained Earnings	(8.2M)	(9.3M)	(14.2M)	(19.8M)	(22.8M)	(21.7M)
Accounts Payable	435.2K	819.7K	805.8K	435.1K	379.5K	582.6K
Cash	753.7K	2.4M	4.3M	3.9M	2.1M	2.4M
Non Current Assets Total	424.6K	404.2K	1.9M	3.4M	3.1M	3.2M
Cash And Short Term Investments	753.7K	2.4M	4.3M	3.9M	2.1M	2.4M
Net Receivables	525.7K	511.4K	583.0K	537.9K	572.1K	670.5K
Long Term Debt Total	0.0	45.9K	2.2M	3.4M	3.9M	4.1M
Liabilities And Stockholders Equity	1.8M	3.5M	6.9M	7.9M	5.8M	5.0M
Non Current Liabilities Total	196.2K	2.4M	35.2K	3.5M	4.0M	2.1M
Other Current Assets	131.6K	96.1K	139.3K	118.7K	112.8K	118.9K
Total Liab	938.2K	3.7M	1.6M	4.6M	5.3M	3.8M
Total Current Assets	1.4M	3.1M	5.0M	4.6M	2.8M	3.5M
Short Term Debt	73.9K	336.6K	7.8K	6.7K	49.5K	47.0K
Intangible Assets	261K	11K	1.5M	3.2M	2.5M	1.3M
Common Stock	9.1M	9.0M	18.7M	20.8M	23.9M	13.7M
Property Plant Equipment	174.6K	143.2K	174.8K	117.7K	135.4K	117.7K
Other Liab	150.3K	164.5K	35.2K	110.6K	99.5K	117.8K

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