Zapp Long Term Debt vs Net Receivables Analysis

ZAPP Stock

1.78 0.11 6.59%

Zapp Electric financial indicator trend analysis is more than just analyzing Zapp Electric Vehicles current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Zapp Electric Vehicles is a good investment. Please check the relationship between Zapp Electric Long Term Debt and its Net Receivables accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Zapp Electric Vehicles. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey.

Long Term Debt vs Net Receivables

Long Term Debt vs Net Receivables Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Zapp Electric Vehicles Long Term Debt account and Net Receivables. At this time, the significance of the direction appears to have almost identical trend.

The correlation between Zapp Electric's Long Term Debt and Net Receivables is 0.95. Overlapping area represents the amount of variation of Long Term Debt that can explain the historical movement of Net Receivables in the same time period over historical financial statements of Zapp Electric Vehicles, assuming nothing else is changed. The correlation between historical values of Zapp Electric's Long Term Debt and Net Receivables is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Long Term Debt of Zapp Electric Vehicles are associated (or correlated) with its Net Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Receivables has no effect on the direction of Long Term Debt i.e., Zapp Electric's Long Term Debt and Net Receivables go up and down completely randomly.

Correlation Coefficient

0.95

Relationship Direction	Positive
Relationship Strength	Very Strong

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Long Term Debt

Long-term debt is a debt that Zapp Electric Vehicles has held for over one year. Long-term debt appears on Zapp Electric Vehicles 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 Zapp Electric Vehicles 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.

Net Receivables

Most indicators from Zapp Electric's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Zapp Electric Vehicles 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 Zapp Electric Vehicles. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey.

As of 11/29/2024, Enterprise Value is likely to grow to about 11.7 M, while Selling General Administrative is likely to drop 6,962.

	2021	2022	2023	2024 (projected)
Interest Expense	305.5K	561.0K	645.2K	423.7K
Interest Income	2.7K	9.3K	10.7K	11.2K

Interest Expense Interest Income

Zapp Electric fundamental ratios Correlations

	Other Current Liab	Total Current Liabilities	Net Tangible Assets	Retained Earnings	Accounts Payable	Other Assets	Net Receivables	Other Stockholder Equity	Deferred Long Term Liab	Total Current Assets	Common Stock	Property Plant Equipment	Total Assets	Short Long Term Debt Total	Total Stockholder Equity	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Cash	Non Current Assets Total	Non Currrent Assets Other	Long Term Debt	Cash And Short Term Investments	Common Stock Shares Outstanding	Non Current Liabilities Total	Capital Lease Obligations
Other Current Liab		-0.98	0.63	1.0	-0.99	0.72	-0.98	-0.98	0.72	-0.86	-0.98	-0.25	-0.88	-0.98	1.0	-0.79	0.96	-0.97	-0.32	-0.97	-0.17	-0.96	-0.32	-0.72	-0.95	-0.87
Total Current Liabilities	-0.98		-0.71	-0.99	1.0	-0.8	1.0	1.0	-0.8	0.91	1.0	0.31	0.87	1.0	-0.98	0.81	-0.97	0.98	0.36	1.0	0.23	0.95	0.36	0.78	0.94	0.91
Net Tangible Assets	0.63	-0.71		0.69	-0.67	0.96	-0.71	-0.69	0.96	-0.85	-0.7	-0.48	-0.72	-0.68	0.65	-0.86	0.72	-0.6	-0.57	-0.7	-0.51	-0.48	-0.57	-0.93	-0.44	-0.8
Retained Earnings	1.0	-0.99	0.69		-0.99	0.77	-0.99	-0.99	0.77	-0.89	-0.99	-0.26	-0.9	-0.99	1.0	-0.83	0.97	-0.96	-0.36	-0.98	-0.22	-0.94	-0.36	-0.77	-0.93	-0.9
Accounts Payable	-0.99	1.0	-0.67	-0.99		-0.77	1.0	1.0	-0.77	0.89	1.0	0.3	0.86	1.0	-0.98	0.79	-0.96	0.98	0.35	1.0	0.21	0.97	0.35	0.75	0.95	0.9
Other Assets	0.72	-0.8	0.96	0.77	-0.77		-0.8	-0.78	1.0	-0.91	-0.79	-0.31	-0.8	-0.78	0.73	-0.92	0.81	-0.7	-0.58	-0.8	-0.52	-0.58	-0.58	-0.98	-0.54	-0.88
Net Receivables	-0.98	1.0	-0.71	-0.99	1.0	-0.8		1.0	-0.8	0.92	1.0	0.3	0.88	1.0	-0.98	0.83	-0.96	0.97	0.41	1.0	0.28	0.95	0.41	0.78	0.93	0.93
Other Stockholder Equity	-0.98	1.0	-0.69	-0.99	1.0	-0.78	1.0		-0.78	0.91	1.0	0.3	0.87	1.0	-0.98	0.81	-0.96	0.98	0.37	1.0	0.24	0.96	0.37	0.76	0.95	0.91
Deferred Long Term Liab	0.72	-0.8	0.96	0.77	-0.77	1.0	-0.8	-0.78		-0.91	-0.79	-0.31	-0.8	-0.78	0.73	-0.92	0.81	-0.7	-0.58	-0.8	-0.52	-0.58	-0.58	-0.98	-0.54	-0.88
Total Current Assets	-0.86	0.91	-0.85	-0.89	0.89	-0.91	0.92	0.91	-0.91		0.91	0.32	0.89	0.9	-0.85	0.94	-0.85	0.8	0.71	0.93	0.61	0.78	0.71	0.88	0.77	1.0
Common Stock	-0.98	1.0	-0.7	-0.99	1.0	-0.79	1.0	1.0	-0.79	0.91		0.32	0.87	1.0	-0.98	0.81	-0.96	0.97	0.37	1.0	0.24	0.96	0.37	0.77	0.94	0.92
Property Plant Equipment	-0.25	0.31	-0.48	-0.26	0.3	-0.31	0.3	0.3	-0.31	0.32	0.32		0.16	0.3	-0.26	0.16	-0.25	0.29	0.1	0.31	0.09	0.3	0.1	0.17	0.3	0.27
Total Assets	-0.88	0.87	-0.72	-0.9	0.86	-0.8	0.88	0.87	-0.8	0.89	0.87	0.16		0.86	-0.87	0.95	-0.89	0.79	0.55	0.87	0.41	0.78	0.55	0.86	0.77	0.89
Short Long Term Debt Total	-0.98	1.0	-0.68	-0.99	1.0	-0.78	1.0	1.0	-0.78	0.9	1.0	0.3	0.86		-0.98	0.8	-0.97	0.98	0.34	1.0	0.21	0.96	0.34	0.76	0.95	0.9
Total Stockholder Equity	1.0	-0.98	0.65	1.0	-0.98	0.73	-0.98	-0.98	0.73	-0.85	-0.98	-0.26	-0.87	-0.98		-0.79	0.97	-0.98	-0.27	-0.97	-0.13	-0.96	-0.27	-0.74	-0.93	-0.86
Property Plant And Equipment Net	-0.79	0.81	-0.86	-0.83	0.79	-0.92	0.83	0.81	-0.92	0.94	0.81	0.16	0.95	0.8	-0.79		-0.83	0.7	0.7	0.82	0.6	0.64	0.7	0.95	0.63	0.93
Current Deferred Revenue	0.96	-0.97	0.72	0.97	-0.96	0.81	-0.96	-0.96	0.81	-0.85	-0.96	-0.25	-0.89	-0.97	0.97	-0.83		-0.96	-0.26	-0.95	-0.12	-0.9	-0.26	-0.83	-0.87	-0.85
Net Debt	-0.97	0.98	-0.6	-0.96	0.98	-0.7	0.97	0.98	-0.7	0.8	0.97	0.29	0.79	0.98	-0.98	0.7	-0.96		0.16	0.96	0.02	0.97	0.16	0.68	0.95	0.8
Cash	-0.32	0.36	-0.57	-0.36	0.35	-0.58	0.41	0.37	-0.58	0.71	0.37	0.1	0.55	0.34	-0.27	0.7	-0.26	0.16		0.42	0.99	0.2	1.0	0.58	0.24	0.71
Non Current Assets Total	-0.97	1.0	-0.7	-0.98	1.0	-0.8	1.0	1.0	-0.8	0.93	1.0	0.31	0.87	1.0	-0.97	0.82	-0.95	0.96	0.42		0.29	0.95	0.42	0.78	0.94	0.93
Non Currrent Assets Other	-0.17	0.23	-0.51	-0.22	0.21	-0.52	0.28	0.24	-0.52	0.61	0.24	0.09	0.41	0.21	-0.13	0.6	-0.12	0.02	0.99	0.29		0.06	0.99	0.49	0.1	0.61
Long Term Debt	-0.96	0.95	-0.48	-0.94	0.97	-0.58	0.95	0.96	-0.58	0.78	0.96	0.3	0.78	0.96	-0.96	0.64	-0.9	0.97	0.2	0.95	0.06		0.2	0.56	1.0	0.8
Cash And Short Term Investments	-0.32	0.36	-0.57	-0.36	0.35	-0.58	0.41	0.37	-0.58	0.71	0.37	0.1	0.55	0.34	-0.27	0.7	-0.26	0.16	1.0	0.42	0.99	0.2		0.58	0.24	0.71
Common Stock Shares Outstanding	-0.72	0.78	-0.93	-0.77	0.75	-0.98	0.78	0.76	-0.98	0.88	0.77	0.17	0.86	0.76	-0.74	0.95	-0.83	0.68	0.58	0.78	0.49	0.56	0.58		0.52	0.86
Non Current Liabilities Total	-0.95	0.94	-0.44	-0.93	0.95	-0.54	0.93	0.95	-0.54	0.77	0.94	0.3	0.77	0.95	-0.93	0.63	-0.87	0.95	0.24	0.94	0.1	1.0	0.24	0.52		0.8
Capital Lease Obligations	-0.87	0.91	-0.8	-0.9	0.9	-0.88	0.93	0.91	-0.88	1.0	0.92	0.27	0.89	0.9	-0.86	0.93	-0.85	0.8	0.71	0.93	0.61	0.8	0.71	0.86	0.8

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Zapp Electric Account Relationship Matchups

Zapp Electric fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Other Current Liab	325.7K	1.4M	1.2M	(19.8M)	(17.8M)	(16.9M)
Total Current Liabilities	525.8K	2.1M	1.3M	23.7M	27.3M	28.6M
Retained Earnings	(2.4M)	(4.0M)	(7.5M)	(229.6M)	(206.7M)	(196.3M)
Accounts Payable	149.5K	167.9K	11.3K	19.8M	22.7M	23.9M
Net Receivables	14.4K	39.8K	115.1K	865.5K	995.3K	1.0M
Other Stockholder Equity	3.0M	3.7M	9.0M	198.6M	228.4M	239.8M
Total Current Assets	466.2K	486.6K	2.3M	2.7M	3.0M	3.2M
Common Stock	822.0	841.0	940.0	5.8K	6.7K	7.0K

Pair Trading with Zapp Electric

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Zapp Electric position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Zapp Electric will appreciate offsetting losses from the drop in the long position's value.

Moving against Zapp Stock

0.78	GM	General Motors	Pair Corr
0.75	RL	Ralph Lauren Corp	Pair Corr
0.71	XPEV	Xpeng Inc	Pair Corr
0.54	HD	Home Depot	Pair Corr
0.51	MTEN	Mingteng International	Pair Corr

The ability to find closely correlated positions to Zapp Electric could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Zapp Electric when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Zapp Electric - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Zapp Electric Vehicles to buy it.

The correlation of Zapp Electric is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Zapp Electric moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Zapp Electric Vehicles moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for Zapp Electric can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

Additional Tools for Zapp Stock Analysis

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

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