Zillow Capital Expenditures vs Depreciation Analysis

ZG Stock  USD 80.79  1.53  1.93%   
Zillow financial indicator trend analysis is more than just analyzing Zillow Group current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Zillow Group is a good investment. Please check the relationship between Zillow Capital Expenditures and its Depreciation accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Zillow Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.

Capital Expenditures vs Depreciation

Capital Expenditures vs Depreciation Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Zillow Group Capital Expenditures account and Depreciation. At this time, the significance of the direction appears to have totally related.
The correlation between Zillow's Capital Expenditures and Depreciation is 0.99. Overlapping area represents the amount of variation of Capital Expenditures that can explain the historical movement of Depreciation in the same time period over historical financial statements of Zillow Group, assuming nothing else is changed. The correlation between historical values of Zillow's Capital Expenditures and Depreciation is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Capital Expenditures of Zillow Group are associated (or correlated) with its Depreciation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Depreciation has no effect on the direction of Capital Expenditures i.e., Zillow's Capital Expenditures and Depreciation go up and down completely randomly.

Correlation Coefficient

0.99
Relationship DirectionPositive 
Relationship StrengthVery Strong

Capital Expenditures

Capital Expenditures are funds used by Zillow Group to acquire physical assets such as property, industrial buildings or equipment. This type of outlay is used by management to increase the scope of Zillow operations. These expenditures can include everything from repairing an office equipment, building a brand new facility, or writing new software.

Depreciation

Depreciation indicates how much of Zillow Group value has been used up. For tax purposes Zillow can deduct the cost of the tangible assets it purchases as business expenses. However, Zillow Group must depreciate these assets in accordance with IRS rules about how and when the deduction may be taken, and how long it will last. The systematic allocation of the cost of a tangible asset over its useful life.
Most indicators from Zillow's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Zillow Group 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 Zillow Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.
At this time, Zillow's Issuance Of Capital Stock is most likely to decrease significantly in the upcoming years. The Zillow's current Enterprise Value Over EBITDA is estimated to increase to 116.38, while Sales General And Administrative To Revenue is projected to decrease to 0.23.
 2021 2022 2023 2024 (projected)
Gross Profit1.8B1.6B1.5B1.6B
Total Revenue8.1B2.0B1.9B1.4B

Zillow fundamental ratios Correlations

0.970.910.820.960.860.90.810.920.870.970.740.920.610.770.91-0.920.680.90.90.690.880.810.930.260.9
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0.820.670.640.830.50.930.670.670.620.660.380.920.830.930.67-0.630.260.540.530.390.730.850.960.050.53
0.960.90.890.830.720.870.740.930.760.910.720.940.670.830.83-0.920.710.830.780.660.840.880.940.020.78
0.860.940.830.50.720.660.70.770.860.930.780.610.270.440.87-0.860.680.930.990.620.740.470.640.620.99
0.90.80.710.930.870.660.830.760.80.790.470.940.750.880.84-0.730.370.710.70.540.80.850.960.150.7
0.810.810.780.670.740.70.830.820.780.780.620.770.290.510.84-0.70.490.790.760.80.860.560.750.120.76
0.920.920.960.670.930.770.760.820.790.930.810.850.370.580.86-0.920.810.880.840.870.920.710.820.030.84
0.870.90.780.620.760.860.80.780.790.880.580.770.40.550.97-0.790.550.830.880.730.850.60.760.470.88
0.970.990.940.660.910.930.790.780.930.880.820.810.440.620.93-0.960.790.960.970.740.850.690.810.330.97
0.740.780.90.380.720.780.470.620.810.580.820.510.070.330.69-0.860.920.890.820.660.660.380.530.130.82
0.920.810.780.920.940.610.940.770.850.770.810.510.750.880.83-0.780.490.690.660.640.860.920.990.010.66
0.610.440.30.830.670.270.750.290.370.40.440.070.750.950.42-0.430.070.30.28-0.020.340.860.780.010.28
0.770.620.540.930.830.440.880.510.580.550.620.330.880.950.61-0.610.280.50.470.220.550.930.920.010.47
0.910.940.850.670.830.870.840.840.860.970.930.690.830.420.61-0.860.640.890.90.780.880.670.820.370.9
-0.92-0.93-0.95-0.63-0.92-0.86-0.73-0.7-0.92-0.79-0.96-0.86-0.78-0.43-0.61-0.86-0.86-0.94-0.9-0.7-0.81-0.66-0.79-0.16-0.9
0.680.740.850.260.710.680.370.490.810.550.790.920.490.070.280.64-0.860.830.740.670.590.40.46-0.010.74
0.90.950.920.540.830.930.710.790.880.830.960.890.690.30.50.89-0.940.830.960.70.770.540.70.30.96
0.90.970.880.530.780.990.70.760.840.880.970.820.660.280.470.9-0.90.740.960.690.780.520.680.51.0
0.690.740.820.390.660.620.540.80.870.730.740.660.64-0.020.220.78-0.70.670.70.690.890.410.570.030.69
0.880.860.90.730.840.740.80.860.920.850.850.660.860.340.550.88-0.810.590.770.780.890.630.840.150.78
0.810.690.60.850.880.470.850.560.710.60.690.380.920.860.930.67-0.660.40.540.520.410.630.91-0.020.52
0.930.810.780.960.940.640.960.750.820.760.810.530.990.780.920.82-0.790.460.70.680.570.840.910.080.68
0.260.390.120.050.020.620.150.120.030.470.330.130.010.010.010.37-0.16-0.010.30.50.030.15-0.020.080.5
0.90.970.880.530.780.990.70.760.840.880.970.820.660.280.470.9-0.90.740.961.00.690.780.520.680.5
Click cells to compare fundamentals

Zillow Account Relationship Matchups

Zillow fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets6.1B7.5B10.7B6.6B6.7B7.0B
Total Stockholder Equity3.4B4.7B5.3B4.5B4.5B4.8B
Property Plant And Equipment Net382.6M384.1M344.5M397M401M421.1M
Net Debt1.4B816.6M2.4B401M340M308.3M
Cash1.1B1.7B2.6B1.5B1.5B1.6B
Non Current Assets Total2.6B2.5B3.0B3.0B3.5B3.7B
Non Currrent Assets Other63.7M57.9M117.1M35M44M24.4M
Other Assets53.7M57.9M42.0M30M34.5M26.4M
Cash And Short Term Investments2.4B3.9B3.1B3.4B2.8B3.0B
Common Stock Shares Outstanding206.4M223.8M249.9M242.2M233.6M153.1M
Liabilities And Stockholders Equity6.1B7.5B10.7B6.6B6.7B7.0B
Other Stockholder Equity4.4B5.9B7.0B6.1B6.3B6.6B
Property Plant And Equipment Gross382.6M384.1M214.6M271M612M642.6M
Total Current Assets3.5B5.0B7.7B3.6B3.1B1.7B
Accumulated Other Comprehensive Income340K164K7.2M(15M)(5M)(4.8M)
Other Current Liab123.2M136.0M3.7B138M154M146.3M
Total Current Liabilities920.5M908.6M3.9B270M971M561.9M
Current Deferred Revenue39.7M49.0M51.5M44M52M29.8M
Retained Earnings(977.1M)(1.1B)(1.7B)(1.6B)(1.8B)(1.7B)
Accounts Payable8.3M19.0M11M20M28M29.4M
Net Receivables67.0M69.9M77M72M96M100.8M
Short Term Investments1.3B2.2B513.9M1.9B1.3B698.3M
Non Current Liabilities Total1.8B1.8B1.5B1.8B1.2B744.9M
Other Current Assets58.1M482.4M861.3M169M243M145.2M
Total Liab2.7B2.7B5.4B2.1B2.1B1.3B
Intangible Assets190.6M94.8M180.1M154M241M187.9M
Other Liab12.2M14.9M4.5M12M10.8M10.3M
Net Tangible Assets1.3B2.7B5.3B4.5B5.2B5.4B
Inventory836.6M491.3M3.9B43M103M97.9M
Deferred Long Term Liab12.2M14.9M35.5M23M20.7M19.7M
Property Plant Equipment170.5M196.2M214.6M271M311.7M162.5M
Short Long Term Debt Total2.5B2.5B5.0B1.9B1.8B1.9B
Long Term Debt1.5B1.6B1.3B1.7B1B1.1B
Retained Earnings Total Equity(977.1M)(1.1B)(1.7B)(1.6B)(1.5B)(1.5B)
Long Term Debt Total1.5B1.6B1.3B1.7B1.9B1.1B
Capital Surpluse4.4B5.9B7.0B6.1B7.0B5.0B

Currently Active Assets on Macroaxis

Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Zillow Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.
You can also try the ETF Categories module to list of ETF categories grouped based on various criteria, such as the investment strategy or type of investments.
Is Real Estate Management & Development space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Zillow. If investors know Zillow will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Zillow listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.25)
Earnings Share
(0.58)
Revenue Per Share
9.29
Quarterly Revenue Growth
0.171
Return On Assets
(0.02)
The market value of Zillow Group is measured differently than its book value, which is the value of Zillow that is recorded on the company's balance sheet. Investors also form their own opinion of Zillow's value that differs from its market value or its book value, called intrinsic value, which is Zillow's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Zillow's market value can be influenced by many factors that don't directly affect Zillow's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Zillow's value and its price as these two are different measures arrived at by different means. Investors typically determine if Zillow is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Zillow's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.