ZEG Stock | | | 322.00 6.00 1.83% |
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 Depreciation And Amortization and its Research Development 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.
Depreciation And Amortization vs Research Development
Depreciation And Amortization vs Research Development Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Zegona Communications Plc Depreciation And Amortization account and
Research Development. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Zegona Communications' Depreciation And Amortization and Research Development is -0.49. Overlapping area represents the amount of variation of Depreciation And Amortization that can explain the historical movement of Research Development 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' Depreciation And Amortization and Research Development is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Depreciation And Amortization of Zegona Communications Plc are associated (or correlated) with its Research Development. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Research Development has no effect on the direction of Depreciation And Amortization i.e., Zegona Communications' Depreciation And Amortization and Research Development go up and down completely randomly.
Correlation Coefficient | -0.49 |
Relationship Direction | Negative |
Relationship Strength | Very Weak |
Depreciation And Amortization
The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.
Research Development
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
MZegona Communications fundamental ratios Correlations
Click cells to compare fundamentals
Zegona Communications Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Zegona Communications fundamental ratios Accounts
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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.