Zip Net Borrowings vs Capital Expenditures Analysis

ZIP Stock

3.26 0.09 2.69%

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 Net Borrowings and its Capital Expenditures 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.

Net Borrowings vs Capital Expenditures

Net Borrowings vs Capital Expenditures Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Zip Co Limited Net Borrowings account and Capital Expenditures. At this time, the significance of the direction appears to have strong relationship.

The correlation between Zip Co's Net Borrowings and Capital Expenditures is 0.65. Overlapping area represents the amount of variation of Net Borrowings that can explain the historical movement of Capital Expenditures 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 Net Borrowings and Capital Expenditures 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 Borrowings of Zip Co Limited are associated (or correlated) with its Capital Expenditures. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capital Expenditures has no effect on the direction of Net Borrowings i.e., Zip Co's Net Borrowings and Capital Expenditures go up and down completely randomly.

Correlation Coefficient

0.65

Relationship Direction	Positive
Relationship Strength	Significant

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Net Borrowings

The difference between the amount of new debt a company has taken on and the amount of debt it has paid off during a given period.

Capital Expenditures

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

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 Expense	30.1M	78.1M	270.3M	283.8M
Depreciation And Amortization	68.6M	63.4M	64.4M	67.6M

Interest Expense Depreciation And Amortization

Zip Co fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Cash And Short Term Investments	Net Receivables	Good Will	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Common Stock	Intangible Assets	Current Deferred Revenue	Non Currrent Assets Other	Other Liab
Total Assets		0.99	0.7	0.74	0.75	0.87	0.99	-0.92	0.84	0.97	0.84	0.97	0.99	0.71	0.91	0.93	-0.17	-0.33	-0.4	0.99	0.99	0.97	0.72	-0.68	-0.69	0.38
Short Long Term Debt Total	0.99		0.73	0.76	0.67	0.88	1.0	-0.93	0.85	0.94	0.79	0.95	0.99	0.63	0.91	0.92	-0.17	-0.25	-0.37	1.0	0.99	0.96	0.66	-0.71	-0.64	0.29
Other Current Liab	0.7	0.73		1.0	0.25	0.91	0.74	-0.85	0.93	0.72	0.35	0.73	0.75	0.22	0.8	0.41	0.04	0.16	0.2	0.75	0.75	0.79	0.19	-1.0	-0.71	-0.1
Total Current Liabilities	0.74	0.76	1.0		0.29	0.92	0.77	-0.88	0.95	0.76	0.38	0.76	0.78	0.24	0.84	0.45	0.03	0.15	0.18	0.78	0.78	0.82	0.21	-0.99	-0.74	-0.09
Total Stockholder Equity	0.75	0.67	0.25	0.29		0.48	0.66	-0.49	0.44	0.77	0.94	0.77	0.67	0.94	0.6	0.75	-0.16	-0.78	-0.55	0.66	0.69	0.68	0.89	-0.23	-0.57	0.85
Property Plant And Equipment Net	0.87	0.88	0.91	0.92	0.48		0.89	-0.9	0.92	0.83	0.55	0.84	0.9	0.41	0.9	0.67	-0.19	-0.12	-0.19	0.9	0.9	0.88	0.39	-0.9	-0.73	0.11
Net Debt	0.99	1.0	0.74	0.77	0.66	0.89		-0.94	0.86	0.94	0.77	0.94	1.0	0.61	0.91	0.91	-0.2	-0.24	-0.37	1.0	1.0	0.97	0.64	-0.73	-0.65	0.27
Retained Earnings	-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	-0.04	0.09	-0.95	-0.94	-0.97	-0.43	0.83	0.76	-0.02
Accounts Payable	0.84	0.85	0.93	0.95	0.44	0.92	0.86	-0.96		0.88	0.49	0.88	0.88	0.33	0.94	0.63	0.0	0.09	0.04	0.87	0.88	0.93	0.29	-0.91	-0.87	-0.03
Cash	0.97	0.94	0.72	0.76	0.77	0.83	0.94	-0.93	0.88		0.83	1.0	0.95	0.7	0.91	0.86	0.0	-0.28	-0.26	0.95	0.96	0.99	0.69	-0.69	-0.8	0.37
Non Current Assets Total	0.84	0.79	0.35	0.38	0.94	0.55	0.77	-0.61	0.49	0.83		0.83	0.76	0.97	0.61	0.84	-0.05	-0.69	-0.51	0.77	0.77	0.76	0.97	-0.32	-0.47	0.78
Cash And Short Term Investments	0.97	0.95	0.73	0.76	0.77	0.84	0.94	-0.93	0.88	1.0	0.83		0.96	0.7	0.91	0.86	0.0	-0.27	-0.26	0.96	0.96	0.99	0.68	-0.7	-0.8	0.36
Net Receivables	0.99	0.99	0.75	0.78	0.67	0.9	1.0	-0.94	0.88	0.95	0.76	0.96		0.61	0.93	0.91	-0.21	-0.23	-0.36	1.0	1.0	0.97	0.62	-0.73	-0.7	0.26
Good Will	0.71	0.63	0.22	0.24	0.94	0.41	0.61	-0.43	0.33	0.7	0.97	0.7	0.61		0.46	0.7	-0.05	-0.8	-0.5	0.62	0.62	0.61	0.97	-0.2	-0.37	0.89
Common Stock Shares Outstanding	0.91	0.91	0.8	0.84	0.6	0.9	0.91	-0.92	0.94	0.91	0.61	0.91	0.93	0.46		0.77	-0.2	-0.12	-0.19	0.92	0.94	0.93	0.43	-0.79	-0.85	0.15
Non Current Liabilities Total	0.93	0.92	0.41	0.45	0.75	0.67	0.91	-0.77	0.63	0.86	0.84	0.86	0.91	0.7	0.77		-0.28	-0.41	-0.62	0.91	0.91	0.85	0.76	-0.39	-0.49	0.43
Inventory	-0.17	-0.17	0.04	0.03	-0.16	-0.19	-0.2	-0.02	0.0	0.0	-0.05	0.0	-0.21	-0.05	-0.2	-0.28		0.33	0.53	-0.17	-0.19	-0.02	-0.06	-0.01	-0.02	-0.16
Other Current Assets	-0.33	-0.25	0.16	0.15	-0.78	-0.12	-0.24	-0.04	0.09	-0.28	-0.69	-0.27	-0.23	-0.8	-0.12	-0.41	0.33		0.73	-0.22	-0.25	-0.17	-0.76	-0.16	0.07	-0.96
Other Stockholder Equity	-0.4	-0.37	0.2	0.18	-0.55	-0.19	-0.37	0.09	0.04	-0.26	-0.51	-0.26	-0.36	-0.5	-0.19	-0.62	0.53	0.73		-0.35	-0.36	-0.22	-0.56	-0.21	-0.03	-0.57
Total Liab	0.99	1.0	0.75	0.78	0.66	0.9	1.0	-0.95	0.87	0.95	0.77	0.96	1.0	0.62	0.92	0.91	-0.17	-0.22	-0.35		1.0	0.98	0.64	-0.74	-0.67	0.26
Total Current Assets	0.99	0.99	0.75	0.78	0.69	0.9	1.0	-0.94	0.88	0.96	0.77	0.96	1.0	0.62	0.94	0.91	-0.19	-0.25	-0.36	1.0		0.98	0.63	-0.73	-0.71	0.28
Common Stock	0.97	0.96	0.79	0.82	0.68	0.88	0.97	-0.97	0.93	0.99	0.76	0.99	0.97	0.61	0.93	0.85	-0.02	-0.17	-0.22	0.98	0.98		0.6	-0.76	-0.79	0.24
Intangible Assets	0.72	0.66	0.19	0.21	0.89	0.39	0.64	-0.43	0.29	0.69	0.97	0.68	0.62	0.97	0.43	0.76	-0.06	-0.76	-0.56	0.64	0.63	0.6		-0.17	-0.25	0.85
Current Deferred Revenue	-0.68	-0.71	-1.0	-0.99	-0.23	-0.9	-0.73	0.83	-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	-0.17		0.68	0.11
Non Currrent Assets Other	-0.69	-0.64	-0.71	-0.74	-0.57	-0.73	-0.65	0.76	-0.87	-0.8	-0.47	-0.8	-0.7	-0.37	-0.85	-0.49	-0.02	0.07	-0.03	-0.67	-0.71	-0.79	-0.25	0.68		-0.13
Other Liab	0.38	0.29	-0.1	-0.09	0.85	0.11	0.27	-0.02	-0.03	0.37	0.78	0.36	0.26	0.89	0.15	0.43	-0.16	-0.96	-0.57	0.26	0.28	0.24	0.85	0.11	-0.13

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Zip Co Account Relationship Matchups

Zip Co fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	1.3B	3.3B	3.4B	3.4B	3.2B	3.3B
Short Long Term Debt Total	1.1B	2.2B	2.9B	3.1B	2.4B	2.5B
Other Current Liab	19.0M	77.7M	43.2M	1.6B	1.2B	1.2B
Total Current Liabilities	36.3M	135.3M	180.7M	1.8B	1.4B	1.5B
Total Stockholder Equity	205.4M	1.0B	322.3M	119.9M	398.5M	418.5M
Property Plant And Equipment Net	11.7M	9.1M	9.1M	23.7M	19.8M	20.8M
Net Debt	1.1B	1.9B	2.6B	2.8B	2.2B	2.3B
Retained Earnings	(88.4M)	(766.5M)	(1.9B)	(2.2B)	(2.3B)	(2.1B)
Accounts Payable	17.3M	53.9M	110.1M	207.2M	255.3M	268.1M
Cash	32.7M	330.2M	299.7M	275.9M	353.0M	370.7M
Non Current Assets Total	91.4M	992.9M	494.9M	376.9M	325.3M	341.6M
Cash And Short Term Investments	34.2M	331.7M	303.6M	283.1M	357.5M	375.4M
Net Receivables	1.1B	2.0B	2.6B	2.7B	2.5B	2.6B
Good Will	53.4M	773.0M	222.7M	209.2M	209.5M	119.9M
Common Stock Shares Outstanding	375.6M	514.0M	609.7M	720.4M	997.0M	1.0B
Liabilities And Stockholders Equity	1.3B	3.3B	3.4B	3.4B	3.2B	3.3B
Non Current Liabilities Total	1.1B	2.0B	2.8B	1.4B	1.4B	1.4B
Other Current Assets	(1.2B)	(2.3B)	11.0M	10.1M	9.7M	10.2M
Other Stockholder Equity	(185.8M)	(124.9M)	(117.8M)	(1.2M)	(33K)	(34.7K)
Total Liab	1.1B	2.3B	3.1B	3.3B	2.8B	2.9B
Total Current Assets	1.2B	2.3B	2.9B	3.0B	2.9B	3.0B
Accumulated Other Comprehensive Income	19.6M	97.1M	155.7M	159.8M	319.2M	335.1M
Common Stock	274.2M	1.7B	2.0B	2.1B	2.3B	2.5B
Intangible Assets	78.5M	976.8M	415.1M	350.9M	96.1M	165.3M
Non Currrent Assets Other	(91.4M)	(802.3M)	(261.8M)	(295.3M)	(2.4B)	(2.3B)
Other Liab	14.0M	70.6M	128K	1.0M	1.2M	1.1M
Property Plant And Equipment Gross	11.7M	9.1M	9.1M	23.7M	19.8M	20.8M
Property Plant Equipment	11.7M	9.1M	9.1M	23.7M	27.3M	28.7M
Net Tangible Assets	126.9M	166.0M	21.6M	(116.5M)	(134.0M)	(127.3M)
Other Assets	8.4M	10.3M	39.0M	72.3M	22.9M	23.0M
Long Term Debt	1.1B	2.1B	2.8B	2.9B	2.4B	1.4B
Long Term Debt Total	289.7M	587.4M	1.1B	1.7B	1.9B	2.0B

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