Zai Total Liab vs Good Will Analysis

ZLAB Stock  USD 26.63  0.63  2.42%   
Zai Lab financial indicator trend analysis is more than just analyzing Zai Lab current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Zai Lab is a good investment. Please check the relationship between Zai Lab Total Liab and its Good Will accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Zai Lab. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
For information on how to trade Zai Stock refer to our How to Trade Zai Stock guide.

Total Liab vs Good Will

Total Liab vs Good Will Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Zai Lab Total Liab account and Good Will. At this time, the significance of the direction appears to have strong relationship.
The correlation between Zai Lab's Total Liab and Good Will is 0.64. Overlapping area represents the amount of variation of Total Liab that can explain the historical movement of Good Will in the same time period over historical financial statements of Zai Lab, assuming nothing else is changed. The correlation between historical values of Zai Lab's Total 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 Total Liab of Zai Lab 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 Total Liab i.e., Zai Lab's Total Liab and Good Will go up and down completely randomly.

Correlation Coefficient

0.64
Relationship DirectionPositive 
Relationship StrengthSignificant

Total Liab

The total amount of all liabilities that a company has, including both short-term and long-term liabilities.

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 Zai Lab's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Zai Lab 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 Zai Lab. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
For information on how to trade Zai Stock refer to our How to Trade Zai Stock guide.At present, Zai Lab's Selling General Administrative is projected to increase significantly based on the last few years of reporting. The current year's Enterprise Value Over EBITDA is expected to grow to 1.34, whereas Issuance Of Capital Stock is forecasted to decline to 0.00.
 2022 2024 2025 (projected)
Interest Expense14.6M16.8M17.6M
Depreciation And Amortization17.7M10.4M6.7M

Zai Lab fundamental ratios Correlations

0.140.851.00.940.960.92-0.92-0.840.870.90.961.00.90.78-0.030.860.830.890.80.780.71.00.770.920.85
0.140.140.120.220.150.11-0.23-0.190.090.230.10.13-0.060.220.28-0.030.140.180.220.07-0.180.140.250.00.14
0.850.140.820.970.940.88-0.89-0.960.990.950.880.820.790.92-0.040.870.910.980.950.960.580.840.950.870.97
1.00.120.820.920.960.9-0.91-0.810.840.880.951.00.90.75-0.090.860.810.870.750.760.681.00.740.920.83
0.940.220.970.920.980.9-0.96-0.940.970.980.920.920.820.890.00.860.920.980.930.90.590.930.890.880.94
0.960.150.940.960.980.91-0.93-0.90.950.950.940.950.880.88-0.080.910.880.970.880.890.650.960.880.920.93
0.920.110.880.90.90.91-0.91-0.930.850.90.980.890.940.72-0.070.90.920.920.810.880.740.910.840.970.93
-0.92-0.23-0.89-0.91-0.96-0.93-0.910.93-0.88-0.98-0.9-0.91-0.81-0.74-0.03-0.8-0.93-0.94-0.86-0.84-0.61-0.92-0.78-0.87-0.89
-0.84-0.19-0.96-0.81-0.94-0.9-0.930.93-0.93-0.96-0.89-0.8-0.8-0.820.01-0.84-0.96-0.98-0.92-0.95-0.58-0.83-0.92-0.88-0.97
0.870.090.990.840.970.950.85-0.88-0.930.930.880.840.80.94-0.060.870.870.970.940.930.590.860.930.870.94
0.90.230.950.880.980.950.9-0.98-0.960.930.890.880.790.810.010.830.950.980.910.910.590.90.850.870.94
0.960.10.880.950.920.940.98-0.9-0.890.880.890.940.960.77-0.080.930.870.920.820.860.760.950.850.980.91
1.00.130.821.00.920.950.89-0.91-0.80.840.880.940.890.76-0.030.840.80.870.770.750.691.00.730.90.82
0.9-0.060.790.90.820.880.94-0.81-0.80.80.790.960.890.67-0.220.940.790.830.690.830.850.90.760.990.85
0.780.220.920.750.890.880.72-0.74-0.820.940.810.770.760.670.010.750.710.880.90.840.460.780.910.740.84
-0.030.28-0.04-0.090.0-0.08-0.07-0.030.01-0.060.01-0.08-0.03-0.220.01-0.22-0.04-0.040.26-0.140.13-0.02-0.04-0.18-0.08
0.86-0.030.870.860.860.910.9-0.8-0.840.870.830.930.840.940.75-0.220.840.890.770.910.780.850.880.960.93
0.830.140.910.810.920.880.92-0.93-0.960.870.950.870.80.790.71-0.040.840.950.860.920.580.820.860.860.96
0.890.180.980.870.980.970.92-0.94-0.980.970.980.920.870.830.88-0.040.890.950.940.960.610.890.940.90.99
0.80.220.950.750.930.880.81-0.86-0.920.940.910.820.770.690.90.260.770.860.940.880.580.790.910.770.91
0.780.070.960.760.90.890.88-0.84-0.950.930.910.860.750.830.84-0.140.910.920.960.880.660.770.940.890.98
0.7-0.180.580.680.590.650.74-0.61-0.580.590.590.760.690.850.460.130.780.580.610.580.660.690.550.820.64
1.00.140.841.00.930.960.91-0.92-0.830.860.90.951.00.90.78-0.020.850.820.890.790.770.690.760.920.84
0.770.250.950.740.890.880.84-0.78-0.920.930.850.850.730.760.91-0.040.880.860.940.910.940.550.760.830.96
0.920.00.870.920.880.920.97-0.87-0.880.870.870.980.90.990.74-0.180.960.860.90.770.890.820.920.830.91
0.850.140.970.830.940.930.93-0.89-0.970.940.940.910.820.850.84-0.080.930.960.990.910.980.640.840.960.91
Click cells to compare fundamentals

Zai Lab Account Relationship Matchups

Zai Lab fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets1.3B1.6B1.2B1.0B1.2B754.6M
Other Current Liab24.0M46.1M45.5M66.0M75.9M79.7M
Total Current Liabilities98.0M192.9M139.8M203.1M233.5M245.2M
Total Stockholder Equity1.2B1.4B1.0B796.1M915.5M623.6M
Other Liab2.9M16.9M27.5M21.4M24.6M25.8M
Net Tangible Assets285.9M1.2B1.4B1.0B1.2B1.3B
Property Plant And Equipment Net47.1M58.3M78.8M68.7M79.0M39.8M
Net Debt(423.5M)(948.6M)(988.1M)(775M)(697.5M)(662.6M)
Retained Earnings(713.6M)(1.4B)(1.9B)(2.2B)(2.0B)(1.9B)
Accounts Payable62.6M126.2M66.0M113.0M129.9M136.4M
Cash442.1M964.1M1.0B790.2M908.7M954.1M
Non Current Assets Total81.6M109.1M95.8M96.7M111.2M61.5M
Cash And Short Term Investments1.2B1.4B1.0B806.5M927.4M644.9M
Common Stock Shares Outstanding776.7M929.9M95.8M966.4M1.1B1.2B
Liabilities And Stockholders Equity1.3B1.6B1.2B1.0B1.2B754.6M
Non Current Liabilities Total30.3M37.1M34.7M37.1M33.4M28.5M
Other Current Assets10.9M18.0M35.7M23.0M26.4M27.8M
Other Stockholder Equity1.9B2.8B2.9B3.0B3.4B3.6B
Total Liab128.3M230M174.5M240.2M276.2M290.0M
Property Plant And Equipment Gross46.9M58.3M78.8M98.8M113.6M119.3M
Total Current Assets1.2B1.5B1.1B939.6M1.1B693.0M
Accumulated Other Comprehensive Income(14.5M)(23.6M)25.7M37.6M43.3M45.4M
Intangible Assets9.4M9.7M8.4M16.5M18.9M19.9M
Common Stock3.5K4.1K5K6K6.9K4.2K
Property Plant Equipment36.4M46.9M57.3M77.4M89.0M93.4M
Non Currrent Assets Other743K803K2.2M2.3M2.1M2.4M
Other Assets15.1M110.1M26.5M3.6M4.1M3.9M
Long Term Investments1.3M15.6M6.4M9.2M10.6M5.5M
Current Deferred Revenue2.9M24.7M27.5M21.4M19.2M18.3M
Net Invested Capital1.2B1.4B1.0B796.1M915.5M814.3M
Net Working Capital1.1B1.3B984.5M736.5M847.0M759.3M
Short Term Debt10.4M11.9M7.1M7.1M6.4M6.1M
Short Long Term Debt Total18.6M15.5M20.4M15.2M17.4M17.4M
Net Receivables5.2M54.8M48.6M65.3M75.1M78.9M
Short Term Investments744.7M445M0.016.3M14.7M13.9M
Inventory13.1M19.0M31.6M44.8M51.6M54.1M
Capital Lease Obligations18.6M15.5M20.4M15.2M17.4M18.7M

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Zai Lab offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Zai Lab's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Zai Lab Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Zai Lab Stock:
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Zai Lab. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
For information on how to trade Zai Stock refer to our How to Trade Zai Stock guide.
You can also try the Watchlist Optimization module to optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm.
Is Biotechnology 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 Zai Lab. If investors know Zai 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 Zai Lab listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(2.80)
Revenue Per Share
3.647
Quarterly Revenue Growth
0.477
Return On Assets
(0.21)
Return On Equity
(0.35)
The market value of Zai Lab is measured differently than its book value, which is the value of Zai that is recorded on the company's balance sheet. Investors also form their own opinion of Zai Lab's value that differs from its market value or its book value, called intrinsic value, which is Zai Lab'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 Zai Lab's market value can be influenced by many factors that don't directly affect Zai Lab'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 Zai Lab's value and its price as these two are different measures arrived at by different means. Investors typically determine if Zai Lab is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Zai Lab'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.