Zions Net Receivables vs Other Current Liab Analysis
ZIONL Stock | USD 25.49 0.04 0.16% |
Zions Bancorporation financial indicator trend analysis is more than just analyzing Zions Bancorporation current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Zions Bancorporation is a good investment. Please check the relationship between Zions Bancorporation Net Receivables and its Other Current Liab accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Zions Bancorporation NA. 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. For more information on how to buy Zions Stock please use our How to buy in Zions Stock guide.
Net Receivables vs Other Current Liab
Net Receivables vs Other Current Liab Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Zions Bancorporation Net Receivables account and Other Current Liab. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Zions Bancorporation's Net Receivables and Other Current Liab is -0.02. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Other Current Liab in the same time period over historical financial statements of Zions Bancorporation NA, assuming nothing else is changed. The correlation between historical values of Zions Bancorporation's Net Receivables and Other Current Liab is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Receivables of Zions Bancorporation NA are associated (or correlated) with its Other Current Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Liab has no effect on the direction of Net Receivables i.e., Zions Bancorporation's Net Receivables and Other Current Liab go up and down completely randomly.
Correlation Coefficient | -0.02 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Net Receivables
Other Current Liab
Most indicators from Zions Bancorporation's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Zions Bancorporation 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 Zions Bancorporation NA. 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. For more information on how to buy Zions Stock please use our How to buy in Zions Stock guide.At this time, Zions Bancorporation's Enterprise Value Over EBITDA is quite stable compared to the past year. Enterprise Value Multiple is expected to rise to 7.06 this year, although the value of Selling General Administrative will most likely fall to about 677.4 M.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 2.9B | 3.3B | 2.7B | 1.7B | Total Revenue | 2.9B | 3.3B | 2.7B | 1.7B |
Zions Bancorporation fundamental ratios Correlations
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Zions Bancorporation Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Zions Bancorporation fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 69.2B | 81.5B | 93.2B | 89.5B | 87.2B | 91.6B | |
Short Long Term Debt Total | 2.7B | 3.2B | 1.0B | 7.8B | 2.1B | 1.8B | |
Other Current Liab | 54.1B | (1B) | 69.7B | 5.5B | 12.7B | 20.8B | |
Total Current Liabilities | 1B | 1.9B | 802M | 1.3B | 14.2B | 14.9B | |
Total Stockholder Equity | 7.4B | 7.9B | 7.5B | 4.9B | 5.5B | 3.8B | |
Property Plant And Equipment Net | 1.1B | 1.2B | 1.3B | 1.4B | 1.6B | 1.7B | |
Net Debt | 275M | (281M) | (9.9B) | 5.8B | 2.5B | 2.7B | |
Retained Earnings | 4.0B | 4.3B | 5.2B | 5.8B | 6.2B | 6.5B | |
Non Currrent Assets Other | (310M) | (360M) | (28.0B) | (24.7B) | (4.6B) | (4.4B) | |
Other Assets | 36.1B | 44.1B | 29.9B | 80.9B | (662M) | (628.9M) | |
Common Stock Shares Outstanding | 186.5M | 165.6M | 160.2M | 150.3M | 147.8M | 120.4M | |
Liabilities And Stockholders Equity | 69.2B | 81.5B | 93.2B | 89.5B | 87.2B | 91.6B | |
Non Current Liabilities Total | 1.7B | 1.3B | 1.0B | 82.5B | 67.3B | 70.7B | |
Other Stockholder Equity | 7.5B | 7.6B | 7.9B | 1.5B | 5.3B | 5.5B | |
Total Liab | 61.8B | 1.3B | 1.0B | 84.7B | 81.5B | 85.6B | |
Common Stock | 2.7B | 2.7B | 1.9B | 1.8B | 1.7B | 2.3B | |
Non Current Assets Total | 17.6B | 19.7B | 28.0B | 2.4B | 83.6B | 87.8B | |
Cash | 1.4B | 1.6B | 10.9B | 2.0B | 1.7B | 2.9B | |
Cash And Short Term Investments | 15.2B | 17.3B | 34.9B | 13.9B | 662M | 628.9M | |
Total Current Assets | 15.5B | 17.7B | 35.3B | 6.2B | 4.2B | 4.0B | |
Short Term Debt | 1B | 1.9B | 802M | 7.1B | 1.5B | 812.5M | |
Accumulated Other Comprehensive Income | 43M | 325M | (80M) | (3.1B) | (2.8B) | (2.7B) | |
Other Current Assets | 2.1B | 7.9B | 13.6B | (8.1B) | 3.6B | 3.4B | |
Short Term Investments | 13.7B | 15.7B | 24.0B | 11.9B | (991M) | (941.5M) | |
Net Receivables | 327M | 334M | 320M | 386M | 383M | 316.4M | |
Net Tangible Assets | 6.1B | 6.0B | 5.8B | 6.3B | 7.2B | 6.0B | |
Long Term Debt | 383M | 724M | 1.7B | 1.3B | 1.2B | 997.4M | |
Retained Earnings Total Equity | 2.8B | 3.5B | 4.0B | 4.3B | 5.0B | 2.8B | |
Long Term Debt Total | 383M | 724M | 1.7B | 1.3B | 1.2B | 997.4M | |
Long Term Investments | 45.5B | 48.1B | 50.0B | 17.5B | 15.8B | 15.0B | |
Non Current Liabilities Other | 5.6B | 6.3B | 3.0B | 2.6B | 3.0B | 2.8B |
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Try AI Portfolio ArchitectCheck out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Zions Bancorporation NA. 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. For more information on how to buy Zions Stock please use our How to buy in Zions Stock guide.You can also try the Efficient Frontier module to plot and analyze your portfolio and positions against risk-return landscape of the market..
Is Oil & Gas Exploration & Production 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 Zions Bancorporation. If investors know Zions 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 Zions Bancorporation listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Zions Bancorporation is measured differently than its book value, which is the value of Zions that is recorded on the company's balance sheet. Investors also form their own opinion of Zions Bancorporation's value that differs from its market value or its book value, called intrinsic value, which is Zions Bancorporation'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 Zions Bancorporation's market value can be influenced by many factors that don't directly affect Zions Bancorporation'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 Zions Bancorporation's value and its price as these two are different measures arrived at by different means. Investors typically determine if Zions Bancorporation is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Zions Bancorporation'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.