Zions Other Current Liab vs Good Will Analysis
| ZIONL Stock | USD 25.50 0.02 0.08% |
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 Other Current Liab and its Good Will 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.
Other Current Liab vs Good Will
Other Current Liab vs Good Will Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Zions Bancorporation Other Current Liab account and Good Will. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Zions Bancorporation's Other Current Liab and Good Will is -0.33. Overlapping area represents the amount of variation of Other Current Liab that can explain the historical movement of Good Will 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 Other Current Liab and Good Will 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 Current Liab of Zions Bancorporation NA are associated (or correlated) with its Good Will. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Good Will has no effect on the direction of Other Current Liab i.e., Zions Bancorporation's Other Current Liab and Good Will go up and down completely randomly.
Correlation Coefficient | -0.33 |
| Relationship Direction | Negative |
| Relationship Strength | Insignificant |
Other Current Liab
Good Will
An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.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 6.49 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
Click cells to compare fundamentals
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 | 5.7B | 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 | (137M) | (143.9M) | |
| Retained Earnings | 4.0B | 4.3B | 5.2B | 5.8B | 6.2B | 6.5B | |
| Non Currrent Assets Other | (310M) | (360M) | (28.0B) | (24.7B) | (3.5B) | (3.4B) | |
| Other Assets | 36.1B | 44.1B | 29.9B | 80.9B | 81.9B | 86.0B | |
| 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 | 146M | 138.7M | |
| 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 | 1.1B | 1.0B | |
| Cash | 1.4B | 1.6B | 10.9B | 2.0B | 2.2B | 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 | (1.5B) | (1.5B) | |
| 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 |
Building efficient market-beating portfolios requires time, education, and a lot of computing power!
The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.
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 Bollinger Bands module to use Bollinger Bands indicator to analyze target price for a given investing horizon.
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.