Zedge Stock Based Compensation vs Change To Inventory Analysis

ZDGE Stock

USD 2.68 0.03 1.11%

Zedge financial indicator trend analysis is more than just analyzing Zedge Inc current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Zedge Inc is a good investment. Please check the relationship between Zedge Stock Based Compensation and its Change To Inventory accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Zedge Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.

Stock Based Compensation vs Change To Inventory

Stock Based Compensation vs Change To Inventory Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Zedge Inc Stock Based Compensation account and Change To Inventory. At this time, the significance of the direction appears to have fragmental relationship.

The correlation between Zedge's Stock Based Compensation and Change To Inventory is 0.55. Overlapping area represents the amount of variation of Stock Based Compensation that can explain the historical movement of Change To Inventory in the same time period over historical financial statements of Zedge Inc, assuming nothing else is changed. The correlation between historical values of Zedge's Stock Based Compensation and Change To Inventory is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Stock Based Compensation of Zedge Inc are associated (or correlated) with its Change To Inventory. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Change To Inventory has no effect on the direction of Stock Based Compensation i.e., Zedge's Stock Based Compensation and Change To Inventory go up and down completely randomly.

Correlation Coefficient

0.55

Relationship Direction	Positive
Relationship Strength	Weak

View All Relationships

Stock Based Compensation

Compensation provided to employees in the form of equity or options to purchase company stock. This type of compensation is used to align the interests of employees and shareholders.

Change To Inventory

The increase or decrease in the amount of inventory a company has over a certain period.

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

At present, Zedge's Enterprise Value Over EBITDA is projected to increase significantly based on the last few years of reporting. The current year's Enterprise Value Multiple is expected to grow to 12.57, whereas Issuance Of Capital Stock is forecasted to decline to about 10 M.

	2021	2023	2024 (projected)
Interest Expense	49K	44.1K	41.9K
Depreciation And Amortization	2.0M	2.5M	1.5M

Interest Expense Depreciation And Amortization

Zedge fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Net Tangible Assets	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Cash And Short Term Investments	Net Receivables	Good Will	Common Stock Total Equity	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets
Total Assets		0.84	0.96	1.0	0.7	0.02	0.95	-0.88	0.76	0.85	0.91	0.92	0.37	0.26	0.91	0.81	0.47	-0.35	0.96	0.81	-0.57	0.71	0.96	0.96	0.86	0.92
Other Current Liab	0.84		0.89	0.83	0.5	0.4	0.83	-0.68	0.57	0.81	0.7	0.83	0.06	-0.03	0.7	0.72	0.47	0.01	0.83	0.78	-0.4	0.82	0.83	0.87	0.77	0.72
Total Current Liabilities	0.96	0.89		0.95	0.57	0.04	0.97	-0.8	0.7	0.89	0.83	0.93	0.21	0.1	0.83	0.78	0.57	-0.3	0.94	0.83	-0.56	0.7	0.92	0.99	0.83	0.84
Total Stockholder Equity	1.0	0.83	0.95		0.73	0.02	0.94	-0.89	0.76	0.83	0.93	0.9	0.41	0.31	0.93	0.81	0.45	-0.35	0.96	0.79	-0.56	0.7	0.96	0.95	0.86	0.93
Net Tangible Assets	0.7	0.5	0.57	0.73		0.17	0.64	-0.87	0.38	0.55	0.89	0.4	0.85	0.8	0.89	0.64	0.03	-0.07	0.77	0.27	-0.23	0.32	0.77	0.52	0.66	0.88
Property Plant And Equipment Net	0.02	0.4	0.04	0.02	0.17		0.06	-0.1	-0.32	0.2	0.07	-0.06	-0.06	-0.06	0.07	0.15	-0.31	0.7	0.15	0.17	0.12	0.27	0.17	0.01	0.23	0.09
Current Deferred Revenue	0.95	0.83	0.97	0.94	0.64	0.06		-0.82	0.64	0.87	0.85	0.9	0.32	0.19	0.85	0.74	0.5	-0.27	0.97	0.82	-0.56	0.61	0.94	0.97	0.83	0.85
Net Debt	-0.88	-0.68	-0.8	-0.89	-0.87	-0.1	-0.82		-0.47	-0.86	-0.96	-0.65	-0.58	-0.51	-0.96	-0.85	-0.19	0.33	-0.93	-0.54	0.62	-0.58	-0.93	-0.77	-0.92	-0.96
Retained Earnings	0.76	0.57	0.7	0.76	0.38	-0.32	0.64	-0.47		0.41	0.56	0.84	0.24	0.17	0.56	0.37	0.7	-0.34	0.57	0.61	-0.15	0.43	0.55	0.72	0.39	0.55
Accounts Payable	0.85	0.81	0.89	0.83	0.55	0.2	0.87	-0.86	0.41		0.77	0.77	0.17	0.08	0.77	0.79	0.43	-0.32	0.9	0.7	-0.7	0.65	0.87	0.86	0.95	0.78
Cash	0.91	0.7	0.83	0.93	0.89	0.07	0.85	-0.96	0.56	0.77		0.68	0.63	0.55	1.0	0.87	0.18	-0.3	0.94	0.58	-0.54	0.61	0.96	0.81	0.85	1.0
Non Current Assets Total	0.92	0.83	0.93	0.9	0.4	-0.06	0.9	-0.65	0.84	0.77	0.68		0.08	-0.04	0.68	0.61	0.69	-0.34	0.83	0.9	-0.5	0.66	0.8	0.96	0.72	0.69
Non Currrent Assets Other	0.37	0.06	0.21	0.41	0.85	-0.06	0.32	-0.58	0.24	0.17	0.63	0.08		0.99	0.63	0.26	-0.08	-0.17	0.44	-0.07	0.06	-0.1	0.42	0.15	0.29	0.6
Other Assets	0.26	-0.03	0.1	0.31	0.8	-0.06	0.19	-0.51	0.17	0.08	0.55	-0.04	0.99		0.55	0.19	-0.13	-0.14	0.33	-0.2	0.14	-0.17	0.32	0.04	0.2	0.52
Cash And Short Term Investments	0.91	0.7	0.83	0.93	0.89	0.07	0.85	-0.96	0.56	0.77	1.0	0.68	0.63	0.55		0.87	0.18	-0.3	0.94	0.58	-0.54	0.61	0.96	0.81	0.85	1.0
Net Receivables	0.81	0.72	0.78	0.81	0.64	0.15	0.74	-0.85	0.37	0.79	0.87	0.61	0.26	0.19	0.87		0.05	-0.33	0.83	0.59	-0.73	0.83	0.89	0.78	0.86	0.89
Good Will	0.47	0.47	0.57	0.45	0.03	-0.31	0.5	-0.19	0.7	0.43	0.18	0.69	-0.08	-0.13	0.18	0.05		-0.26	0.35	0.4	0.01	0.12	0.27	0.56	0.21	0.17
Common Stock Total Equity	-0.35	0.01	-0.3	-0.35	-0.07	0.7	-0.27	0.33	-0.34	-0.32	-0.3	-0.34	-0.17	-0.14	-0.3	-0.33	-0.26		-0.27	-0.22	0.59	-0.18	-0.27	-0.33	-0.34	-0.3
Common Stock Shares Outstanding	0.96	0.83	0.94	0.96	0.77	0.15	0.97	-0.93	0.57	0.9	0.94	0.83	0.44	0.33	0.94	0.83	0.35	-0.27		0.76	-0.6	0.65	0.99	0.92	0.92	0.94
Non Current Liabilities Total	0.81	0.78	0.83	0.79	0.27	0.17	0.82	-0.54	0.61	0.7	0.58	0.9	-0.07	-0.2	0.58	0.59	0.4	-0.22	0.76		-0.58	0.69	0.77	0.88	0.71	0.6
Inventory	-0.57	-0.4	-0.56	-0.56	-0.23	0.12	-0.56	0.62	-0.15	-0.7	-0.54	-0.5	0.06	0.14	-0.54	-0.73	0.01	0.59	-0.6	-0.58		-0.63	-0.63	-0.61	-0.77	-0.56
Other Current Assets	0.71	0.82	0.7	0.7	0.32	0.27	0.61	-0.58	0.43	0.65	0.61	0.66	-0.1	-0.17	0.61	0.83	0.12	-0.18	0.65	0.69	-0.63		0.72	0.72	0.72	0.64
Other Stockholder Equity	0.96	0.83	0.92	0.96	0.77	0.17	0.94	-0.93	0.55	0.87	0.96	0.8	0.42	0.32	0.96	0.89	0.27	-0.27	0.99	0.77	-0.63	0.72		0.92	0.92	0.96
Total Liab	0.96	0.87	0.99	0.95	0.52	0.01	0.97	-0.77	0.72	0.86	0.81	0.96	0.15	0.04	0.81	0.78	0.56	-0.33	0.92	0.88	-0.61	0.72	0.92		0.83	0.82
Property Plant And Equipment Gross	0.86	0.77	0.83	0.86	0.66	0.23	0.83	-0.92	0.39	0.95	0.85	0.72	0.29	0.2	0.85	0.86	0.21	-0.34	0.92	0.71	-0.77	0.72	0.92	0.83		0.87
Total Current Assets	0.92	0.72	0.84	0.93	0.88	0.09	0.85	-0.96	0.55	0.78	1.0	0.69	0.6	0.52	1.0	0.89	0.17	-0.3	0.94	0.6	-0.56	0.64	0.96	0.82	0.87

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Zedge Account Relationship Matchups

Zedge fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	12.0M	37.5M	54.6M	46.8M	38.2M	25.0M
Other Current Liab	978K	1.1M	3.6M	2.3M	2.7M	1.5M
Total Current Liabilities	2.8M	4.2M	8.7M	5.8M	6.3M	3.8M
Total Stockholder Equity	8.9M	33.2M	44.2M	38.9M	30.9M	20.6M
Net Tangible Assets	4.7M	8.9M	30.9M	12.4M	14.2M	10.2M
Property Plant And Equipment Net	2.6M	2.0M	1.7M	2.2M	2.5M	2.5M
Current Deferred Revenue	1.3M	1.8M	3.4M	2.4M	2.2M	1.3M
Net Debt	(4.8M)	(24.7M)	(16.9M)	(16.1M)	(19.8M)	(18.8M)
Retained Earnings	(15.8M)	(7.6M)	2.2M	(3.9M)	(13.1M)	(13.8M)
Accounts Payable	290K	585K	1.2M	669K	1.1M	1.2M
Cash	5.1M	24.9M	17.1M	18.1M	20.0M	10.4M
Non Current Assets Total	5.3M	9.9M	34.7M	25.3M	14.2M	12.0M
Non Currrent Assets Other	471K	5.1M	400K	556K	141K	134.0K
Other Assets	120K	154K	5.6M	1K	1.2K	1.1K
Cash And Short Term Investments	5.1M	24.9M	17.1M	18.1M	20.0M	10.4M
Net Receivables	1.4M	2.5M	2.4M	2.9M	4.0M	2.2M
Good Will	2.2M	2.3M	10.8M	2.0M	1.8M	3.4M
Common Stock Total Equity	103K	104K	123K	5K	5.8K	5.5K
Common Stock Shares Outstanding	11.1M	14.0M	14.9M	14.1M	14.1M	12.5M
Liabilities And Stockholders Equity	12.0M	37.5M	54.6M	46.8M	38.2M	25.0M
Non Current Liabilities Total	282K	145K	1.8M	2.2M	1.0M	690.4K
Inventory	123K	111K	1.0	(569K)	(593K)	(563.4K)
Other Current Assets	113K	160K	396K	569K	593K	307.7K
Other Stockholder Equity	25.6M	41.6M	43.3M	44.2M	45.7M	32.4M
Total Liab	3.1M	4.3M	10.4M	8.0M	7.3M	4.4M
Property Plant And Equipment Gross	2.6M	8.2M	8.9M	10.0M	11.1M	11.7M
Total Current Assets	6.8M	27.6M	19.9M	21.6M	24.0M	13.0M
Accumulated Other Comprehensive Income	(1.1M)	(997K)	(1.4M)	(1.5M)	(1.8M)	(1.7M)
Short Term Debt	232K	86K	142K	124K	85K	80.8K
Common Stock	104K	123K	144K	151K	154K	111.8K
Property Plant Equipment	3.4M	2.6M	2.0M	1.7M	1.9M	2.5M
Retained Earnings Total Equity	(11.9M)	(15.2M)	(15.8M)	(7.6M)	(6.8M)	(7.1M)
Capital Surpluse	22.5M	23.1M	25.7M	41.7M	47.9M	27.2M
Net Invested Capital	9.1M	33.2M	44.2M	40.8M	30.9M	25.6M

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When determining whether Zedge Inc is a strong investment it is important to analyze Zedge's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Zedge's future performance. For an informed investment choice regarding Zedge Stock, refer to the following important reports:

How To Invest In Zedge

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Is Zedge Stock a good investment?

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What is Zedge's Net Worth?

Details

Largest Interactive Media & Services Companies

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Largest Internet Content & Information Companies

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Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Zedge Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.

You can also try the Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.

Is Interactive Media & Services space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Zedge. If investors know Zedge will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Zedge listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Quarterly Earnings Growth

(0.96)

Earnings Share

(0.65)

Revenue Per Share

2.135

Quarterly Revenue Growth

0.143

Return On Assets

0.0023

The market value of Zedge Inc is measured differently than its book value, which is the value of Zedge that is recorded on the company's balance sheet. Investors also form their own opinion of Zedge's value that differs from its market value or its book value, called intrinsic value, which is Zedge's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Zedge's market value can be influenced by many factors that don't directly affect Zedge's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.

Please note, there is a significant difference between Zedge's value and its price as these two are different measures arrived at by different means. Investors typically determine if Zedge is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Zedge's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

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Zedge Stock Based Compensation vs Change To Inventory Analysis

Stock Based Compensation vs Change To Inventory

Stock Based Compensation vs Change To Inventory Correlation Analysis

Correlation Coefficient

Stock Based Compensation

Change To Inventory

Zedge fundamental ratios Correlations

Zedge Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Zedge fundamental ratios Accounts

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COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Stockholder Equity	+ 1.0	Total Assets
Cash And Short Term Investments	+ 1.0	Cash
Total Current Assets	+ 1.0	Cash
Total Current Assets	+ 1.0	Cash And Short Term Investments
Total Liab	+ 0.99	Total Current Liabilities
Other Assets	+ 0.99	Non Currrent Assets Other

Total Current Assets	- 0.96	Net Debt
Cash And Short Term Investments	- 0.96	Net Debt
Cash	- 0.96	Net Debt
Other Stockholder Equity	- 0.93	Net Debt
Common Stock Shares Outstanding	- 0.93	Net Debt
Property Plant And Equipment Gross	- 0.92	Net Debt