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 Direction | Negative |
Relationship Strength | Very 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 Operations | 114.2M | 131.3M | 137.9M | Interest Income | 21K | 5.7M | 6.0M |
Zegona 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.