Zoom Cost Of Revenue vs Gross Profit Analysis

ZM Stock  USD 85.36  1.95  2.34%   
Zoom Video financial indicator trend analysis is more than just analyzing Zoom Video Communications current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Zoom Video Communications is a good investment. Please check the relationship between Zoom Video Cost Of Revenue and its Gross Profit accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Zoom Video Communications. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.

Cost Of Revenue vs Gross Profit

Cost Of Revenue vs Gross Profit Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Zoom Video Communications Cost Of Revenue account and Gross Profit. At this time, the significance of the direction appears to have totally related.
The correlation between Zoom Video's Cost Of Revenue and Gross Profit is 0.99. Overlapping area represents the amount of variation of Cost Of Revenue that can explain the historical movement of Gross Profit in the same time period over historical financial statements of Zoom Video Communications, assuming nothing else is changed. The correlation between historical values of Zoom Video's Cost Of Revenue and Gross Profit is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cost Of Revenue of Zoom Video Communications are associated (or correlated) with its Gross Profit. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Gross Profit has no effect on the direction of Cost Of Revenue i.e., Zoom Video's Cost Of Revenue and Gross Profit go up and down completely randomly.

Correlation Coefficient

0.99
Relationship DirectionPositive 
Relationship StrengthVery Strong

Cost Of Revenue

Cost of Revenue is found on Zoom Video Communications income statement and represents the costs associated with goods and services Zoom Video provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Zoom Video Communications minus its cost of goods sold. It is profit before Zoom Video operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.
Most indicators from Zoom Video's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Zoom Video Communications 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 Zoom Video Communications. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.
At this time, Zoom Video's Tax Provision is very stable compared to the past year. As of the 27th of November 2024, Sales General And Administrative To Revenue is likely to grow to 0.14, while Selling General Administrative is likely to drop about 292.2 M.
 2021 2023 2024 (projected)
Interest Income24.6M43.2M45.4M
Net Interest Income7.9M9.1M7.9M

Zoom Video fundamental ratios Correlations

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Click cells to compare fundamentals

Zoom Video Account Relationship Matchups

Zoom Video fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.3B5.3B7.6B8.1B9.9B10.4B
Other Current Liab115.0M350.0M319.4M354.6M418.2M221.8M
Total Current Liabilities333.8M1.3B1.6B1.7B1.8B952.1M
Total Stockholder Equity833.9M3.9B5.8B6.2B8.0B8.4B
Other Liab57.3M86.8M106.6M109.1M125.5M65.0M
Net Tangible Assets831.8M3.8B5.8B6.1B7.0B7.3B
Retained Earnings152K672.5M2.0B2.2B2.8B2.9B
Accounts Payable1.6M8.7M7.8M14.4M10.2M7.1M
Cash283.1M2.2B1.1B1.1B1.6B889.0M
Other Assets63.4M208.9M653.8M916.3M1.1B1.1B
Net Receivables120.4M294.7M419.7M557.4M536.1M278.6M
Common Stock Shares Outstanding254.3M298.1M305.8M304.2M308.5M313.1M
Other Current Assets4.1M253.4M344.9M386.3M427.7M449.0M
Total Liab455.9M1.4B1.8B1.9B1.9B1.1B
Deferred Long Term Liab46.2M157.3M164.7M180.0M207.0M217.3M
Total Current Assets1.1B4.8B6.2B6.4B7.9B8.3B
Common Stock277K292K299K294K307K256.9K
Property Plant Equipment125.7M247.6M318.3M333.7M383.8M403.0M
Property Plant And Equipment Net125.7M247.6M318.3M333.7M352.7M224.5M
Current Deferred Revenue209.5M858.3M1.1B1.3B1.3B768.9M
Net Debt(218.3M)(2.1B)(957.1M)(990.4M)(1.5B)(1.4B)
Non Current Assets Total194.3M505.1M1.4B1.8B2.0B2.1B
Non Currrent Assets Other65.6M76.0M271.5M357.9M200.0M161.9M
Cash And Short Term Investments855.2M4.2B5.4B5.4B7.0B3.6B
Common Stock Total Equity277K292K299K294K338.1K272.1K
Short Term Investments572.1M2.0B4.4B4.3B5.4B5.7B
Liabilities And Stockholders Equity1.3B5.3B7.6B8.1B9.9B5.1B
Non Current Liabilities Total122.1M177.3M191.6M182.8M148.2M161.9M
Capital Surpluse832.7M3.2B3.7B4.1B4.7B5.0B
Inventory115.8M247.8M322.2M223.3M403.6M212.6M
Other Stockholder Equity(457.1M)3.2B3.7B4.1B5.2B5.5B
Net Invested Capital833.9M3.9B5.8B6.2B8.0B8.4B
Property Plant And Equipment Gross125.7M247.6M318.3M333.7M589.0M618.4M
Accumulated Other Comprehensive Income809K839K(17.9M)(50.4M)1.1M1.1M
Non Current Liabilities Other2.3M61.6M68.1M67.2M5.3M5.0M
Cash And Equivalents283.1M2.2B1.1B1.1B1.2B875.0M
Net Working Capital761.7M3.5B4.6B4.6B6.2B3.1B
Short Term Debt7.7M15.6M20.7M22.8M24.6M16.7M
Capital Stock277K292K299K294K307K313.7K

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Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Zoom Video Communications. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.
You can also try the Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.
Is Application Software 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 Zoom Video. If investors know Zoom 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 Zoom Video listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.173
Earnings Share
3.01
Revenue Per Share
14.962
Quarterly Revenue Growth
0.021
Return On Assets
0.0478
The market value of Zoom Video Communications is measured differently than its book value, which is the value of Zoom that is recorded on the company's balance sheet. Investors also form their own opinion of Zoom Video's value that differs from its market value or its book value, called intrinsic value, which is Zoom Video'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 Zoom Video's market value can be influenced by many factors that don't directly affect Zoom Video'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 Zoom Video's value and its price as these two are different measures arrived at by different means. Investors typically determine if Zoom Video is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Zoom Video'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.