Zapp Property Plant Equipment vs Cash And Short Term Investments Analysis

ZAPP Stock   0.81  0.02  2.41%   
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 Property Plant Equipment and its Cash And Short Term Investments 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.

Property Plant Equipment vs Cash And Short Term Investments

Property Plant Equipment vs Cash And Short Term Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Zapp Electric Vehicles Property Plant Equipment account and Cash And Short Term Investments. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Zapp Electric's Property Plant Equipment and Cash And Short Term Investments is 0.13. Overlapping area represents the amount of variation of Property Plant Equipment that can explain the historical movement of Cash And Short Term Investments 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 Property Plant Equipment and Cash And Short Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant Equipment of Zapp Electric Vehicles are associated (or correlated) with its Cash And Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash And Short Term Investments has no effect on the direction of Property Plant Equipment i.e., Zapp Electric's Property Plant Equipment and Cash And Short Term Investments go up and down completely randomly.

Correlation Coefficient

0.13
Relationship DirectionPositive 
Relationship StrengthInsignificant

Property Plant Equipment

Cash And Short Term Investments

Short Term Investments is an account in the current assets section of Zapp Electric Vehicles balance sheet. This account contains Zapp Electric investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Zapp Electric Vehicles fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.
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.
At this time, Zapp Electric's Selling General Administrative is relatively stable compared to the past year. As of 02/27/2025, Issuance Of Capital Stock is likely to grow to about 1.4 M, while Enterprise Value Multiple is likely to drop (1.85).
 2022 2023 2024 2025 (projected)
Interest Expense561.0K1.2M1.3M1.4M
Interest Income9.3K2.1K2.4K4.2K

Zapp Electric fundamental ratios Correlations

-0.330.250.45-0.370.23-0.27-0.370.23-0.22-0.170.06-0.59-0.280.39-0.420.31-0.34-0.01-0.90.07-0.91-0.01-0.24-0.83-0.42
-0.33-0.73-0.981.0-0.811.01.0-0.810.950.990.270.881.0-0.980.83-0.970.980.650.650.620.430.650.850.540.84
0.25-0.730.72-0.710.97-0.73-0.720.97-0.83-0.7-0.44-0.78-0.710.7-0.890.74-0.65-0.68-0.57-0.67-0.1-0.68-0.91-0.13-0.81
0.45-0.980.72-0.980.78-0.97-0.990.78-0.91-0.94-0.21-0.92-0.970.99-0.850.97-0.96-0.63-0.73-0.6-0.54-0.63-0.85-0.63-0.87
-0.371.0-0.71-0.98-0.790.991.0-0.790.940.980.260.881.0-0.990.82-0.970.990.630.680.60.480.630.830.590.84
0.23-0.810.970.78-0.79-0.81-0.81.0-0.9-0.79-0.29-0.83-0.790.76-0.930.82-0.73-0.74-0.58-0.73-0.1-0.74-0.96-0.16-0.86
-0.271.0-0.73-0.970.99-0.810.99-0.810.960.990.280.861.0-0.980.83-0.960.980.680.610.650.390.680.850.50.85
-0.371.0-0.72-0.991.0-0.80.99-0.80.940.980.270.891.0-0.990.83-0.970.980.640.680.610.480.640.840.580.85
0.23-0.810.970.78-0.791.0-0.81-0.8-0.9-0.79-0.29-0.83-0.790.76-0.930.82-0.73-0.74-0.58-0.73-0.1-0.74-0.96-0.16-0.86
-0.220.95-0.83-0.910.94-0.90.960.94-0.90.940.30.890.94-0.90.92-0.90.880.830.60.810.250.830.910.380.93
-0.170.99-0.7-0.940.98-0.790.990.98-0.790.940.30.810.99-0.960.78-0.950.970.670.520.650.310.670.830.430.8
0.060.27-0.44-0.210.26-0.290.280.27-0.290.30.30.140.27-0.220.15-0.210.260.130.10.130.030.130.160.050.14
-0.590.88-0.78-0.920.88-0.830.860.89-0.830.890.810.140.85-0.880.96-0.870.810.750.840.70.550.750.880.640.97
-0.281.0-0.71-0.971.0-0.791.01.0-0.790.940.990.270.85-0.980.81-0.970.990.640.610.620.410.640.840.520.82
0.39-0.980.70.99-0.990.76-0.98-0.990.76-0.9-0.96-0.22-0.88-0.98-0.810.98-0.98-0.6-0.66-0.57-0.5-0.6-0.84-0.6-0.83
-0.420.83-0.89-0.850.82-0.930.830.83-0.930.920.780.150.960.81-0.81-0.830.740.840.720.810.30.840.950.390.98
0.31-0.970.740.97-0.970.82-0.96-0.970.82-0.9-0.95-0.21-0.87-0.970.98-0.83-0.97-0.63-0.6-0.61-0.39-0.63-0.9-0.5-0.84
-0.340.98-0.65-0.960.99-0.730.980.98-0.730.880.970.260.810.99-0.980.74-0.970.510.620.480.490.510.790.570.75
-0.010.65-0.68-0.630.63-0.740.680.64-0.740.830.670.130.750.64-0.60.84-0.630.510.341.0-0.041.00.780.140.88
-0.90.65-0.57-0.730.68-0.580.610.68-0.580.60.520.10.840.61-0.660.72-0.60.620.340.260.820.340.570.80.71
0.070.62-0.67-0.60.6-0.730.650.61-0.730.810.650.130.70.62-0.570.81-0.610.481.00.26-0.131.00.770.060.85
-0.910.43-0.1-0.540.48-0.10.390.48-0.10.250.310.030.550.41-0.50.3-0.390.49-0.040.82-0.13-0.040.150.970.35
-0.010.65-0.68-0.630.63-0.740.680.64-0.740.830.670.130.750.64-0.60.84-0.630.511.00.341.0-0.040.780.140.88
-0.240.85-0.91-0.850.83-0.960.850.84-0.960.910.830.160.880.84-0.840.95-0.90.790.780.570.770.150.780.250.91
-0.830.54-0.13-0.630.59-0.160.50.58-0.160.380.430.050.640.52-0.60.39-0.50.570.140.80.060.970.140.250.48
-0.420.84-0.81-0.870.84-0.860.850.85-0.860.930.80.140.970.82-0.830.98-0.840.750.880.710.850.350.880.910.48
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Zapp Electric Account Relationship Matchups

Zapp Electric fundamental ratios Accounts

202020212022202320242025 (projected)
Other Current Liab1.4M1.2M(19.8M)407.5K366.7K385.1K
Total Current Liabilities2.1M1.3M23.7M26.9M30.9M32.5M
Retained Earnings(4.0M)(7.5M)(229.6M)(238.3M)(214.5M)(203.8M)
Accounts Payable167.9K11.3K19.8M20.5M23.6M24.8M
Net Receivables39.8K115.1K865.5K1.1M1.3M1.4M
Other Stockholder Equity3.7M9.0M198.6M203.7M234.3M246.0M
Total Current Assets486.6K2.3M2.7M3.5M4.0M4.2M
Common Stock841.0940.05.8K9.9K11.3K11.9K
Total Assets2.0M4.2M7.3M5.4M6.2M4.6M
Short Long Term Debt Total589.5K380.2K5.1M6.4M7.4M7.7M
Total Stockholder Equity(223.8K)2.5M(18.4M)(22.5M)(20.3M)(19.3M)
Property Plant And Equipment Net324.3K803.9K949.9K800.4K920.5K643.6K
Current Deferred Revenue20.2K23.1K15.3K12.9K11.6K15.1K
Net Debt429.8K(1.6M)4.3M4.9M5.6M5.9M
Cash159.7K2.0M823.2K1.6M1.8M1.1M
Non Current Assets Total1.6M2.0M4.7M1.9M2.2M2.6M
Non Currrent Assets Other7.7K132.6K37.4K105.5K121.3K67.2K
Long Term Debt57.1K34.9K1.0M319.2K367.1K386.6K
Cash And Short Term Investments159.7K2.0M823.2K1.6M1.8M1.1M
Liabilities And Stockholders Equity2.0M4.2M7.3M5.4M6.2M4.6M
Non Current Liabilities Total156.7K409.7K2.1M1.0M1.2M999.0K
Capital Lease Obligations45.6K332.8K396.7K363.7K418.3K259.8K
Inventory21.1K111.7K566.2K505.2K581.0K610.0K
Other Current Assets266.0K30.4K396.2K261.4K300.6K213.1K
Total Liab2.3M1.7M25.8M27.9M32.1M33.7M
Net Invested Capital320.2K2.6M(13.7M)(16.5M)(14.8M)(14.1M)
Property Plant And Equipment Gross343.7K926.0K1.4M1.6M1.8M939.6K
Short Long Term Debt486.9K12.5K3.7M5.7M6.6M6.9M
Accumulated Other Comprehensive Income6.8K(238.8K)12.6M12.1M13.9M14.6M
Capital Stock841.0940.05.8K9.9K11.3K11.9K
Non Current Liabilities Other1.4K1.1K158.6K179.5K206.4K216.7K
Net Working Capital(1.6M)966.8K(21.0M)(23.4M)(21.1M)(20.0M)
Short Term Debt504.2K74.2K3.8M5.8M6.7M7.0M
Intangible Assets1.2M1.0M1.0M1.0M931.0K920.0K

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 together with Zapp Stock

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Moving against Zapp Stock

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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 CorrelationCorrelation 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.