Zoomcar Historical Financial Ratios
| ZCAR Stock | 5.19 0.04 0.78% |
Zoomcar Holdings is currently reporting on over 78 different financial statement accounts. To analyze all of these accounts together requires a lot of time and effort. However, using these accounts to derive some meaningful and actionable indicators such as Price To Sales Ratio of 0.93, Dividend Yield of 0.0, Days Sales Outstanding of 58.45 or Invested Capital of 0.0 will help investors to properly organize and evaluate Zoomcar Holdings financial condition quickly.
Zoomcar |
About Zoomcar Financial Ratios Analysis
Zoomcar HoldingsFinancial ratios are relationships based on a company's financial information. They can serve as useful tools to evaluate Zoomcar Holdings investment potential. Financial ratio analysis can also be defined as the process of presenting financial ratios, which are mathematical indicators calculated by comparing key financial information appearing on Zoomcar financial statements. Financial ratios are useful tools that help investors analyze and compare relationships between different pieces of financial information across Zoomcar Holdings history.
Zoomcar Holdings Financial Ratios Chart
Add Fundamental
Price To Sales Ratio
Price to Sales Ratio is figured by comparing Zoomcar Holdings stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Zoomcar Holdings sales, a figure that is much harder to manipulate than other Zoomcar Holdings multiples. Because sales tend to be more stable P/S ratio can be a good tool for screening cyclical companies fluctuating earnings patterns. A valuation ratio that compares a company's stock price to its revenues, calculated by dividing the company's market cap by its total sales or revenue over a 12-month period.Dividend Yield
Dividend Yield is Zoomcar Holdings dividend as a percentage of Zoomcar Holdings stock price. Zoomcar Holdings dividend yield is a measure of Zoomcar Holdings stock productivity, which can be interpreted as interest rate earned on an Zoomcar Holdings investment. A financial ratio that shows how much a company pays out in dividends each year relative to its stock price, calculated as annual dividends per share divided by price per share.Free Cash Flow Yield
A financial solvency ratio that compares the free cash flow per share a company is expected to earn against its market value per share, calculated as free cash flow per share divided by market price per share.Average Payables
The average amount owed to suppliers and creditors over a specific period, reflecting the company's payment cycle and credit terms with suppliers.Net Profit Margin
The percentage of revenue left after all expenses have been deducted from sales. The measure is calculated by dividing net profit by revenue.Most ratios from Zoomcar Holdings' fundamentals are interrelated and interconnected. However, analyzing fundamentals ratios one by one will only give a small insight into Zoomcar Holdings current financial condition. On the other hand, looking into the entire matrix of fundamentals ratios, 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 Zoomcar Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation. To learn how to invest in Zoomcar Stock, please use our How to Invest in Zoomcar Holdings guide.At this time, Zoomcar Holdings' Interest Debt Per Share is relatively stable compared to the past year.
| 2010 | 2023 | 2024 (projected) | Inventory Turnover | 425.99 | 383.39 | 340.79 | ROIC | 0.23 | 1.68 | 1.76 |
Zoomcar Holdings fundamentals Correlations
Click cells to compare fundamentals
Zoomcar Holdings Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Pair Trading with Zoomcar Holdings
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 Zoomcar Holdings 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 Zoomcar Holdings will appreciate offsetting losses from the drop in the long position's value.Moving against Zoomcar Stock
| 0.88 | HRI | Herc Holdings | PairCorr |
| 0.86 | FTAIM | FTAI Aviation | PairCorr |
| 0.78 | MGRC | McGrath RentCorp | PairCorr |
| 0.77 | WLFC | Willis Lease Finance | PairCorr |
| 0.77 | HEES | HE Equipment Services | PairCorr |
The ability to find closely correlated positions to Zoomcar Holdings could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Zoomcar Holdings 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 Zoomcar Holdings - 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 Zoomcar Holdings to buy it.
The correlation of Zoomcar Holdings 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 Zoomcar Holdings moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Zoomcar Holdings 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 Zoomcar Holdings 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.Additional Tools for Zoomcar Stock Analysis
When running Zoomcar Holdings' price analysis, check to measure Zoomcar Holdings' 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 Zoomcar Holdings is operating at the current time. Most of Zoomcar Holdings' value examination focuses on studying past and present price action to predict the probability of Zoomcar Holdings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Zoomcar Holdings' price. Additionally, you may evaluate how the addition of Zoomcar Holdings to your portfolios can decrease your overall portfolio volatility.