Zip Common Stock vs Intangible Assets Analysis

ZIP Stock   3.21  0.04  1.26%   
Zip Co financial indicator trend analysis is more than just analyzing Zip Co Limited current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Zip Co Limited is a good investment. Please check the relationship between Zip Co Common Stock and its Intangible Assets accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Zip Co Limited. 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.

Common Stock vs Intangible Assets

Common Stock vs Intangible Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Zip Co Limited Common Stock account and Intangible Assets. At this time, the significance of the direction appears to have strong relationship.
The correlation between Zip Co's Common Stock and Intangible Assets is 0.6. Overlapping area represents the amount of variation of Common Stock that can explain the historical movement of Intangible Assets in the same time period over historical financial statements of Zip Co Limited, assuming nothing else is changed. The correlation between historical values of Zip Co's Common Stock and Intangible Assets 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 of Zip Co Limited are associated (or correlated) with its Intangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Intangible Assets has no effect on the direction of Common Stock i.e., Zip Co's Common Stock and Intangible Assets go up and down completely randomly.

Correlation Coefficient

0.6
Relationship DirectionPositive 
Relationship StrengthSignificant

Common Stock

Intangible Assets

Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.
Most indicators from Zip Co's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Zip Co Limited 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 Zip Co Limited. 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.
At this time, Zip Co's Selling General Administrative is comparatively stable compared to the past year. Tax Provision is likely to gain to about 20.4 M in 2024, whereas Discontinued Operations is likely to drop (49.7 M) in 2024.
 2021 2022 2023 2024 (projected)
Interest Expense30.1M78.1M270.3M283.8M
Depreciation And Amortization68.6M63.4M64.4M67.6M

Zip Co fundamental ratios Correlations

0.990.70.740.750.870.99-0.920.840.970.840.970.990.710.910.93-0.17-0.33-0.40.990.990.970.72-0.68-0.690.38
0.990.730.760.670.881.0-0.930.850.940.790.950.990.630.910.92-0.17-0.25-0.371.00.990.960.66-0.71-0.640.29
0.70.731.00.250.910.74-0.850.930.720.350.730.750.220.80.410.040.160.20.750.750.790.19-1.0-0.71-0.1
0.740.761.00.290.920.77-0.880.950.760.380.760.780.240.840.450.030.150.180.780.780.820.21-0.99-0.74-0.09
0.750.670.250.290.480.66-0.490.440.770.940.770.670.940.60.75-0.16-0.78-0.550.660.690.680.89-0.23-0.570.85
0.870.880.910.920.480.89-0.90.920.830.550.840.90.410.90.67-0.19-0.12-0.190.90.90.880.39-0.9-0.730.11
0.991.00.740.770.660.89-0.940.860.940.770.941.00.610.910.91-0.2-0.24-0.371.01.00.970.64-0.73-0.650.27
-0.92-0.93-0.85-0.88-0.49-0.9-0.94-0.96-0.93-0.61-0.93-0.94-0.43-0.92-0.77-0.02-0.040.09-0.95-0.94-0.97-0.430.830.76-0.02
0.840.850.930.950.440.920.86-0.960.880.490.880.880.330.940.630.00.090.040.870.880.930.29-0.91-0.87-0.03
0.970.940.720.760.770.830.94-0.930.880.831.00.950.70.910.860.0-0.28-0.260.950.960.990.69-0.69-0.80.37
0.840.790.350.380.940.550.77-0.610.490.830.830.760.970.610.84-0.05-0.69-0.510.770.770.760.97-0.32-0.470.78
0.970.950.730.760.770.840.94-0.930.881.00.830.960.70.910.860.0-0.27-0.260.960.960.990.68-0.7-0.80.36
0.990.990.750.780.670.91.0-0.940.880.950.760.960.610.930.91-0.21-0.23-0.361.01.00.970.62-0.73-0.70.26
0.710.630.220.240.940.410.61-0.430.330.70.970.70.610.460.7-0.05-0.8-0.50.620.620.610.97-0.2-0.370.89
0.910.910.80.840.60.90.91-0.920.940.910.610.910.930.460.77-0.2-0.12-0.190.920.940.930.43-0.79-0.850.15
0.930.920.410.450.750.670.91-0.770.630.860.840.860.910.70.77-0.28-0.41-0.620.910.910.850.76-0.39-0.490.43
-0.17-0.170.040.03-0.16-0.19-0.2-0.020.00.0-0.050.0-0.21-0.05-0.2-0.280.330.53-0.17-0.19-0.02-0.06-0.01-0.02-0.16
-0.33-0.250.160.15-0.78-0.12-0.24-0.040.09-0.28-0.69-0.27-0.23-0.8-0.12-0.410.330.73-0.22-0.25-0.17-0.76-0.160.07-0.96
-0.4-0.370.20.18-0.55-0.19-0.370.090.04-0.26-0.51-0.26-0.36-0.5-0.19-0.620.530.73-0.35-0.36-0.22-0.56-0.21-0.03-0.57
0.991.00.750.780.660.91.0-0.950.870.950.770.961.00.620.920.91-0.17-0.22-0.351.00.980.64-0.74-0.670.26
0.990.990.750.780.690.91.0-0.940.880.960.770.961.00.620.940.91-0.19-0.25-0.361.00.980.63-0.73-0.710.28
0.970.960.790.820.680.880.97-0.970.930.990.760.990.970.610.930.85-0.02-0.17-0.220.980.980.6-0.76-0.790.24
0.720.660.190.210.890.390.64-0.430.290.690.970.680.620.970.430.76-0.06-0.76-0.560.640.630.6-0.17-0.250.85
-0.68-0.71-1.0-0.99-0.23-0.9-0.730.83-0.91-0.69-0.32-0.7-0.73-0.2-0.79-0.39-0.01-0.16-0.21-0.74-0.73-0.76-0.170.680.11
-0.69-0.64-0.71-0.74-0.57-0.73-0.650.76-0.87-0.8-0.47-0.8-0.7-0.37-0.85-0.49-0.020.07-0.03-0.67-0.71-0.79-0.250.68-0.13
0.380.29-0.1-0.090.850.110.27-0.02-0.030.370.780.360.260.890.150.43-0.16-0.96-0.570.260.280.240.850.11-0.13
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Zip Co Account Relationship Matchups

Zip Co fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.3B3.3B3.4B3.4B3.2B3.3B
Short Long Term Debt Total1.1B2.2B2.9B3.1B2.4B2.5B
Other Current Liab19.0M77.7M43.2M1.6B1.2B1.2B
Total Current Liabilities36.3M135.3M180.7M1.8B1.4B1.5B
Total Stockholder Equity205.4M1.0B322.3M119.9M398.5M418.5M
Property Plant And Equipment Net11.7M9.1M9.1M23.7M19.8M20.8M
Net Debt1.1B1.9B2.6B2.8B2.2B2.3B
Retained Earnings(88.4M)(766.5M)(1.9B)(2.2B)(2.3B)(2.1B)
Accounts Payable17.3M53.9M110.1M207.2M255.3M268.1M
Cash32.7M330.2M299.7M275.9M353.0M370.7M
Non Current Assets Total91.4M992.9M494.9M376.9M325.3M341.6M
Cash And Short Term Investments34.2M331.7M303.6M283.1M357.5M375.4M
Net Receivables1.1B2.0B2.6B2.7B2.5B2.6B
Good Will53.4M773.0M222.7M209.2M209.5M119.9M
Common Stock Shares Outstanding375.6M514.0M609.7M720.4M997.0M1.0B
Liabilities And Stockholders Equity1.3B3.3B3.4B3.4B3.2B3.3B
Non Current Liabilities Total1.1B2.0B2.8B1.4B1.4B1.4B
Other Current Assets(1.2B)(2.3B)11.0M10.1M9.7M10.2M
Other Stockholder Equity(185.8M)(124.9M)(117.8M)(1.2M)(33K)(34.7K)
Total Liab1.1B2.3B3.1B3.3B2.8B2.9B
Total Current Assets1.2B2.3B2.9B3.0B2.9B3.0B
Accumulated Other Comprehensive Income19.6M97.1M155.7M159.8M319.2M335.1M
Common Stock274.2M1.7B2.0B2.1B2.3B2.5B
Intangible Assets78.5M976.8M415.1M350.9M96.1M165.3M
Non Currrent Assets Other(91.4M)(802.3M)(261.8M)(295.3M)(2.4B)(2.3B)
Other Liab14.0M70.6M128K1.0M1.2M1.1M
Property Plant And Equipment Gross11.7M9.1M9.1M23.7M19.8M20.8M
Property Plant Equipment11.7M9.1M9.1M23.7M27.3M28.7M
Net Tangible Assets126.9M166.0M21.6M(116.5M)(134.0M)(127.3M)
Other Assets8.4M10.3M39.0M72.3M22.9M23.0M
Long Term Debt1.1B2.1B2.8B2.9B2.4B1.4B
Long Term Debt Total289.7M587.4M1.1B1.7B1.9B2.0B

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Additional Tools for Zip Stock Analysis

When running Zip Co's price analysis, check to measure Zip Co'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 Zip Co is operating at the current time. Most of Zip Co's value examination focuses on studying past and present price action to predict the probability of Zip Co's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Zip Co's price. Additionally, you may evaluate how the addition of Zip Co to your portfolios can decrease your overall portfolio volatility.