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 Total Current Liabilities and its Total Revenue 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.
Total Current Liabilities vs Total Revenue
Total Current Liabilities vs Total Revenue Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Zoom2u Technologies Total Current Liabilities account and
Total Revenue. At this time, the significance of the direction appears to have pay attention.
The correlation between Zoom2u Technologies' Total Current Liabilities and Total Revenue is -0.71. Overlapping area represents the amount of variation of Total Current Liabilities that can explain the historical movement of Total Revenue 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' Total Current Liabilities and Total Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Current Liabilities of Zoom2u Technologies are associated (or correlated) with its Total Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Revenue has no effect on the direction of Total Current Liabilities i.e., Zoom2u Technologies' Total Current Liabilities and Total Revenue go up and down completely randomly.
Correlation Coefficient | -0.71 |
| Relationship Direction | Negative |
| Relationship Strength | Weak |
Total Current Liabilities
Total Current Liabilities is an item on Zoom2u Technologies balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Zoom2u Technologies are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.
Total Revenue
Total revenue comprises all receipts Zoom2u Technologies generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.
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
Zoom2u Technologies fundamental ratios Correlations
Click cells to compare fundamentals
Zoom2u Technologies Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Zoom2u Technologies fundamental ratios Accounts
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Additional Tools for Zoom2u Stock Analysis
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