Zillow Common Stock Total Equity vs Total Current Liabilities Analysis
ZG Stock | USD 79.26 4.26 5.68% |
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 Common Stock Total Equity and its Total Current Liabilities 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.
Common Stock Total Equity vs Total Current Liabilities
Common Stock Total Equity vs Total Current Liabilities Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Zillow Group Common Stock Total Equity account and Total Current Liabilities. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Zillow's Common Stock Total Equity and Total Current Liabilities is 0.47. Overlapping area represents the amount of variation of Common Stock Total Equity that can explain the historical movement of Total Current Liabilities 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 Common Stock Total Equity and Total Current Liabilities is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock Total Equity of Zillow Group are associated (or correlated) with its Total Current Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Liabilities has no effect on the direction of Common Stock Total Equity i.e., Zillow's Common Stock Total Equity and Total Current Liabilities go up and down completely randomly.
Correlation Coefficient | 0.47 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Common Stock Total Equity
The total value of common stock equity held by shareholders, representing their ownership interest in the company.Total Current Liabilities
Total Current Liabilities is an item on Zillow balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Zillow Group are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.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 Profit | 1.8B | 1.6B | 1.5B | 1.6B | Total Revenue | 8.1B | 2.0B | 1.9B | 1.4B |
Zillow fundamental ratios Correlations
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Zillow Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Zillow fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 6.1B | 7.5B | 10.7B | 6.6B | 6.7B | 7.0B | |
Total Stockholder Equity | 3.4B | 4.7B | 5.3B | 4.5B | 4.5B | 4.8B | |
Property Plant And Equipment Net | 382.6M | 384.1M | 344.5M | 397M | 401M | 421.1M | |
Net Debt | 1.4B | 816.6M | 2.4B | 401M | 340M | 308.3M | |
Cash | 1.1B | 1.7B | 2.6B | 1.5B | 1.5B | 1.6B | |
Non Current Assets Total | 2.6B | 2.5B | 3.0B | 3.0B | 3.5B | 3.7B | |
Non Currrent Assets Other | 63.7M | 57.9M | 117.1M | 35M | 44M | 24.4M | |
Other Assets | 53.7M | 57.9M | 42.0M | 30M | 34.5M | 26.4M | |
Cash And Short Term Investments | 2.4B | 3.9B | 3.1B | 3.4B | 2.8B | 3.0B | |
Common Stock Shares Outstanding | 206.4M | 223.8M | 249.9M | 242.2M | 233.6M | 153.1M | |
Liabilities And Stockholders Equity | 6.1B | 7.5B | 10.7B | 6.6B | 6.7B | 7.0B | |
Other Stockholder Equity | 4.4B | 5.9B | 7.0B | 6.1B | 6.3B | 6.6B | |
Property Plant And Equipment Gross | 382.6M | 384.1M | 214.6M | 271M | 612M | 642.6M | |
Total Current Assets | 3.5B | 5.0B | 7.7B | 3.6B | 3.1B | 1.7B | |
Accumulated Other Comprehensive Income | 340K | 164K | 7.2M | (15M) | (5M) | (4.8M) | |
Other Current Liab | 123.2M | 136.0M | 3.7B | 138M | 154M | 146.3M | |
Total Current Liabilities | 920.5M | 908.6M | 3.9B | 270M | 971M | 561.9M | |
Current Deferred Revenue | 39.7M | 49.0M | 51.5M | 44M | 52M | 29.8M | |
Retained Earnings | (977.1M) | (1.1B) | (1.7B) | (1.6B) | (1.8B) | (1.7B) | |
Accounts Payable | 8.3M | 19.0M | 11M | 20M | 28M | 29.4M | |
Net Receivables | 67.0M | 69.9M | 77M | 72M | 96M | 100.8M | |
Short Term Investments | 1.3B | 2.2B | 513.9M | 1.9B | 1.3B | 698.3M | |
Non Current Liabilities Total | 1.8B | 1.8B | 1.5B | 1.8B | 1.2B | 744.9M | |
Other Current Assets | 58.1M | 482.4M | 861.3M | 169M | 243M | 145.2M | |
Total Liab | 2.7B | 2.7B | 5.4B | 2.1B | 2.1B | 1.3B | |
Intangible Assets | 190.6M | 94.8M | 180.1M | 154M | 241M | 187.9M | |
Other Liab | 12.2M | 14.9M | 4.5M | 12M | 10.8M | 10.3M | |
Net Tangible Assets | 1.3B | 2.7B | 5.3B | 4.5B | 5.2B | 5.4B | |
Inventory | 836.6M | 491.3M | 3.9B | 43M | 103M | 97.9M | |
Deferred Long Term Liab | 12.2M | 14.9M | 35.5M | 23M | 20.7M | 19.7M | |
Property Plant Equipment | 170.5M | 196.2M | 214.6M | 271M | 311.7M | 162.5M | |
Short Long Term Debt Total | 2.5B | 2.5B | 5.0B | 1.9B | 1.8B | 1.9B | |
Long Term Debt | 1.5B | 1.6B | 1.3B | 1.7B | 1B | 1.1B | |
Retained Earnings Total Equity | (977.1M) | (1.1B) | (1.7B) | (1.6B) | (1.5B) | (1.5B) | |
Long Term Debt Total | 1.5B | 1.6B | 1.3B | 1.7B | 1.9B | 1.1B | |
Capital Surpluse | 4.4B | 5.9B | 7.0B | 6.1B | 7.0B | 5.0B |
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 Crypto Correlations module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins.
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.