Zegona Other Operating Expenses vs Discontinued Operations Analysis

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 Other Operating Expenses and its Discontinued Operations 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.

Other Operating Expenses vs Discontinued Operations

Other Operating Expenses vs Discontinued Operations Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Zegona Communications Plc Other Operating Expenses account and Discontinued Operations. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Zegona Communications' Other Operating Expenses and Discontinued Operations is -0.55. Overlapping area represents the amount of variation of Other Operating Expenses that can explain the historical movement of Discontinued Operations 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' Other Operating Expenses and Discontinued Operations is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Operating Expenses of Zegona Communications Plc are associated (or correlated) with its Discontinued Operations. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Discontinued Operations has no effect on the direction of Other Operating Expenses i.e., Zegona Communications' Other Operating Expenses and Discontinued Operations go up and down completely randomly.

Correlation Coefficient

-0.55
Relationship DirectionNegative 
Relationship StrengthVery Weak

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Zegona Communications Plc. It is also known as Zegona Communications overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.

Discontinued Operations

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
Click cells to compare fundamentals

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.