Zegona Common Stock Total Equity vs Short Term Investments Analysis

ZEG Stock   348.00  4.00  1.14%   
Zegona Communications financial indicator trend analysis is more than just analyzing Zegona Communications Plc current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Zegona Communications Plc is a good investment. Please check the relationship between Zegona Communications Common Stock Total Equity and its Short Term Investments accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Zegona Communications Plc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.

Common Stock Total Equity vs Short Term Investments

Common Stock Total Equity vs Short Term Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Zegona Communications Plc Common Stock Total Equity account and Short Term Investments. At this time, the significance of the direction appears to have no relationship.
The correlation between Zegona Communications' Common Stock Total Equity and Short Term Investments is 0.04. Overlapping area represents the amount of variation of Common Stock Total Equity that can explain the historical movement of Short Term Investments in the same time period over historical financial statements of Zegona Communications Plc, assuming nothing else is changed. The correlation between historical values of Zegona Communications' Common Stock Total Equity 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 Common Stock Total Equity of Zegona Communications Plc are associated (or correlated) with its Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Term Investments has no effect on the direction of Common Stock Total Equity i.e., Zegona Communications' Common Stock Total Equity and Short Term Investments go up and down completely randomly.

Correlation Coefficient

0.04
Relationship DirectionPositive 
Relationship StrengthInsignificant

Common Stock Total Equity

The total value of common stock equity held by shareholders, representing their ownership interest in the company.

Short Term Investments

Short Term Investments is an item under the current assets section of Zegona Communications balance sheet. It contains any investments Zegona Communications Plc undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that Zegona Communications Plc can easily liquidate in the marketplace.
Most indicators from Zegona Communications' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Zegona Communications Plc 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 Zegona Communications Plc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
The current year's Selling General Administrative is expected to grow to about 6.3 M. The current year's Discontinued Operations is expected to grow to about 137.9 M
 2021 2023 2024 (projected)
Discontinued Operations114.2M131.3M137.9M
Interest Income21K5.7M6.0M

Zegona Communications fundamental ratios Correlations

0.380.960.560.88-0.13-0.470.390.650.39-0.590.41-0.050.28-0.390.370.39-0.210.380.430.15-0.180.380.370.690.91
0.380.570.97-0.110.81-0.841.0-0.371.0-0.690.950.430.95-0.930.41.00.211.00.170.51-0.941.00.95-0.380.0
0.960.570.720.730.06-0.70.590.50.59-0.780.61-0.040.43-0.590.460.59-0.260.580.380.17-0.370.580.570.530.82
0.560.970.720.10.67-0.840.97-0.160.97-0.710.950.370.91-0.870.520.970.150.970.290.5-0.850.970.94-0.190.2
0.88-0.110.730.1-0.55-0.07-0.10.88-0.09-0.28-0.05-0.27-0.190.060.18-0.1-0.33-0.110.36-0.10.29-0.1-0.10.930.97
-0.130.810.060.67-0.55-0.550.81-0.680.8-0.310.640.410.84-0.730.170.790.30.8-0.020.49-0.870.80.65-0.75-0.48
-0.47-0.84-0.7-0.84-0.07-0.55-0.860.06-0.860.86-0.83-0.03-0.640.85-0.62-0.860.27-0.86-0.29-0.10.67-0.85-0.820.06-0.25
0.391.00.590.97-0.10.81-0.86-0.351.0-0.690.940.40.95-0.930.421.00.171.00.190.49-0.931.00.94-0.370.01
0.65-0.370.5-0.160.88-0.680.06-0.35-0.34-0.16-0.29-0.48-0.490.280.21-0.35-0.51-0.360.38-0.380.54-0.36-0.330.950.86
0.391.00.590.97-0.090.8-0.861.0-0.34-0.70.950.40.94-0.930.431.00.171.00.190.48-0.931.00.94-0.360.02
-0.59-0.69-0.78-0.71-0.28-0.310.86-0.69-0.16-0.7-0.710.17-0.50.78-0.31-0.70.41-0.69-0.060.030.57-0.68-0.69-0.16-0.47
0.410.950.610.95-0.050.64-0.830.94-0.290.95-0.710.470.89-0.880.440.960.240.950.210.46-0.880.951.0-0.30.07
-0.050.43-0.040.37-0.270.41-0.030.4-0.480.40.170.470.59-0.39-0.060.420.940.410.250.7-0.550.430.49-0.5-0.37
0.280.950.430.91-0.190.84-0.640.95-0.490.94-0.50.890.59-0.850.230.940.440.950.090.67-0.960.950.89-0.51-0.14
-0.39-0.93-0.59-0.870.06-0.730.85-0.930.28-0.930.78-0.88-0.39-0.85-0.25-0.93-0.12-0.93-0.18-0.360.91-0.93-0.880.29-0.06
0.370.40.460.520.180.17-0.620.420.210.43-0.310.44-0.060.23-0.250.43-0.260.410.73-0.05-0.10.420.430.160.25
0.391.00.590.97-0.10.79-0.861.0-0.351.0-0.70.960.420.94-0.930.430.191.00.20.49-0.931.00.95-0.370.01
-0.210.21-0.260.15-0.330.30.270.17-0.510.170.410.240.940.44-0.12-0.260.190.190.050.71-0.390.20.26-0.53-0.47
0.381.00.580.97-0.110.8-0.861.0-0.361.0-0.690.950.410.95-0.930.411.00.190.170.5-0.941.00.95-0.380.01
0.430.170.380.290.36-0.02-0.290.190.380.19-0.060.210.250.09-0.180.730.20.050.17-0.020.040.190.20.310.31
0.150.510.170.5-0.10.49-0.10.49-0.380.480.030.460.70.67-0.36-0.050.490.710.5-0.02-0.580.50.46-0.37-0.15
-0.18-0.94-0.37-0.850.29-0.870.67-0.930.54-0.930.57-0.88-0.55-0.960.91-0.1-0.93-0.39-0.940.04-0.58-0.94-0.880.570.2
0.381.00.580.97-0.10.8-0.851.0-0.361.0-0.680.950.430.95-0.930.421.00.21.00.190.5-0.940.95-0.370.01
0.370.950.570.94-0.10.65-0.820.94-0.330.94-0.691.00.490.89-0.880.430.950.260.950.20.46-0.880.95-0.340.01
0.69-0.380.53-0.190.93-0.750.06-0.370.95-0.36-0.16-0.3-0.5-0.510.290.16-0.37-0.53-0.380.31-0.370.57-0.37-0.340.92
0.910.00.820.20.97-0.48-0.250.010.860.02-0.470.07-0.37-0.14-0.060.250.01-0.470.010.31-0.150.20.010.010.92
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Zegona Communications Account Relationship Matchups

Zegona Communications fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets365.5M345.7M16.0M10.9M1.2B1.3B
Other Current Liab2.3M1.9M1.2M194K16.4M17.3M
Total Current Liabilities2.6M13.3M1.6M402K17.6M11.4M
Total Stockholder Equity351.3M332.5M14.5M10.5M1.2B1.2B
Net Tangible Assets351.3M332.5M14.5M10.5M12.1M11.5M
Net Debt(15.5M)(4.3M)(10.5M)(5.9M)(4.6M)(4.4M)
Retained Earnings32M46.1M14.8M11.5M(9.2M)(8.8M)
Accounts Payable267K372K250K208K1.2M1.1M
Cash27.0M15.2M10.6M5.9M4.6M4.4M
Non Current Assets Total334.3M322.7M5.3M5.0M5.1M4.8M
Non Currrent Assets Other4.0M7.5M5.2M5.0M5.1M5.0M
Cash And Short Term Investments31.0M22.7M10.6M5.9M4.6M4.4M
Net Receivables22K128K151K56K50.4K47.9K
Common Stock Shares Outstanding211.2M219.7M168.6M5.4M105.6M125.2M
Short Term Investments5.1M4.8M4.0M7.5M8.6M9.1M
Liabilities And Stockholders Equity365.5M345.7M16.0M10.9M1.2B1.3B
Non Current Liabilities Total180K11.6M11.3M356K208K0.0
Other Current Assets4.1M7.7M197K75K1.2B1.2B
Other Stockholder Equity108.8M108.8M(629K)(1.2M)1.2B1.2B
Total Liab14.1M13.3M1.6M402K17.6M16.7M
Total Current Assets31.1M23.0M10.8M6.0M1.2B1.3B
Accumulated Other Comprehensive Income207.7K174.8K(2.2K)(4.3K)200K190K
Common Stock2.9M2.8M301K311K8.3M8.7M
Net Invested Capital362.9M343.4M14.6M10.5M1.2B1.2B
Net Working Capital28.6M9.7M9.2M5.6M1.2B1.2B
Capital Stock2.9M2.8M301K311K8.3M8.7M

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Other Information on Investing in Zegona Stock

Balance Sheet is a snapshot of the financial position of Zegona Communications Plc at a specified time, usually calculated after every quarter, six months, or one year. Zegona Communications Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Zegona Communications and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Zegona currently owns. An asset can also be divided into two categories, current and non-current.