Zip Non Currrent Assets Other vs Total Stockholder Equity 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 Non Currrent Assets Other and its Total Stockholder Equity 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.

Non Currrent Assets Other vs Total Stockholder Equity

Non Currrent Assets Other vs Total Stockholder Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Zip Co Limited Non Currrent Assets Other account and Total Stockholder Equity. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Zip Co's Non Currrent Assets Other and Total Stockholder Equity is -0.57. Overlapping area represents the amount of variation of Non Currrent Assets Other that can explain the historical movement of Total Stockholder Equity 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 Non Currrent Assets Other and Total Stockholder Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Currrent Assets Other of Zip Co Limited are associated (or correlated) with its Total Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Stockholder Equity has no effect on the direction of Non Currrent Assets Other i.e., Zip Co's Non Currrent Assets Other and Total Stockholder Equity go up and down completely randomly.

Correlation Coefficient

-0.57
Relationship DirectionNegative 
Relationship StrengthVery Weak

Non Currrent Assets Other

Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.
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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