ZENV Stock | | | USD 1.36 0.02 1.49% |
Zenvia financial indicator trend analysis is more than just analyzing Zenvia Inc current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Zenvia Inc is a good investment. Please check the relationship between Zenvia Interest Expense and its Gross Profit accounts. Check out
Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Zenvia 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 board of governors.
Interest Expense vs Gross Profit
Interest Expense vs Gross Profit Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Zenvia Inc Interest Expense account and
Gross Profit. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Zenvia's Interest Expense and Gross Profit is 0.87. Overlapping area represents the amount of variation of Interest Expense that can explain the historical movement of Gross Profit in the same time period over historical financial statements of Zenvia Inc, assuming nothing else is changed. The correlation between historical values of Zenvia's Interest Expense and Gross Profit is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Interest Expense of Zenvia Inc are associated (or correlated) with its Gross Profit. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Gross Profit has no effect on the direction of Interest Expense i.e., Zenvia's Interest Expense and Gross Profit go up and down completely randomly.
Correlation Coefficient | 0.87 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Interest Expense
The cost incurred by an entity for borrowed funds, including loans, bonds, or lines of credit.
Gross Profit
Gross profit is a required income statement account that reflects total revenue of Zenvia Inc minus its cost of goods sold. It is profit before Zenvia operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.
Most indicators from Zenvia's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Zenvia 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 Zenvia 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 board of governors.
Tax Provision is likely to climb to about (79.9
M) in 2024.
Selling General Administrative is likely to drop to about 113
M in 2024
Zenvia fundamental ratios Correlations
Click cells to compare fundamentals
Zenvia Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Zenvia fundamental ratios Accounts
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Additional Tools for Zenvia Stock Analysis
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measure Zenvia's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Zenvia is operating at the current time. Most of Zenvia's value examination focuses on studying past and present price action to
predict the probability of Zenvia's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Zenvia's price. Additionally, you may evaluate how the addition of Zenvia to your portfolios can decrease your overall portfolio volatility.