Zomedica Market Cap vs Enterprise Value Analysis
ZOM Stock | USD 0.15 0.01 7.14% |
Zomedica Pharmaceuticals financial indicator trend analysis is more than just analyzing Zomedica Pharmaceuticals current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Zomedica Pharmaceuticals is a good investment. Please check the relationship between Zomedica Pharmaceuticals Market Cap and its Enterprise Value accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Zomedica Pharmaceuticals Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.
Market Cap vs Enterprise Value
Market Cap vs Enterprise Value Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Zomedica Pharmaceuticals Market Cap account and Enterprise Value. At this time, the significance of the direction appears to have strong relationship.
The correlation between Zomedica Pharmaceuticals' Market Cap and Enterprise Value is 0.78. Overlapping area represents the amount of variation of Market Cap that can explain the historical movement of Enterprise Value in the same time period over historical financial statements of Zomedica Pharmaceuticals Corp, assuming nothing else is changed. The correlation between historical values of Zomedica Pharmaceuticals' Market Cap and Enterprise Value is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Market Cap of Zomedica Pharmaceuticals Corp are associated (or correlated) with its Enterprise Value. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Enterprise Value has no effect on the direction of Market Cap i.e., Zomedica Pharmaceuticals' Market Cap and Enterprise Value go up and down completely randomly.
Correlation Coefficient | 0.78 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Market Cap
Enterprise Value
Enterprise Value (or EV) is usually referred to as Zomedica Pharmaceuticals theoretical takeover price. In the event of an acquisition, an acquirer would have to take on Zomedica Pharmaceuticals debt, but would also pocket its cash. Enterprise Value is more accurate representation of Zomedica Pharmaceuticals value than its market capitalization because it takes into account all of Zomedica Pharmaceuticals Corp existing debt. A measure of a company's total value, often used as a more comprehensive alternative to equity market capitalization that includes the market capitalization, plus total debt, minority interest and preferred shares, minus total cash and cash equivalents.Most indicators from Zomedica Pharmaceuticals' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Zomedica Pharmaceuticals 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 Zomedica Pharmaceuticals Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons. At this time, Zomedica Pharmaceuticals' Selling General Administrative is very stable compared to the past year. As of the 5th of January 2025, Enterprise Value is likely to grow to about 175.7 M, though Tax Provision is likely to grow to (2.4 M).
2022 | 2023 | 2024 | 2025 (projected) | Depreciation And Amortization | 4.0M | 6.3M | 7.2M | 7.6M | Interest Income | 2.5M | 5.6M | 6.5M | 6.8M |
Zomedica Pharmaceuticals fundamental ratios Correlations
Click cells to compare fundamentals
Zomedica Pharmaceuticals Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Zomedica Pharmaceuticals fundamental ratios Accounts
2020 | 2021 | 2022 | 2023 | 2024 | 2025 (projected) | ||
Total Assets | 66.1M | 280.4M | 279.6M | 253.2M | 291.2M | 305.7M | |
Other Current Liab | 1.2M | 45.1K | (1.0M) | 107K | 96.3K | 91.5K | |
Total Current Liabilities | 2.0M | 4.3M | 7.8M | 9.0M | 10.4M | 10.9M | |
Total Stockholder Equity | 51.1M | 270.9M | 267.4M | 240.0M | 276.0M | 289.8M | |
Net Debt | (60.1M) | (193.6M) | (25.7M) | (10.2M) | (9.2M) | (9.7M) | |
Retained Earnings | (69.0M) | (119.4M) | (136.4M) | (170.9M) | (153.8M) | (146.1M) | |
Cash | 62.0M | 195.0M | 27.4M | 13.0M | 14.9M | 28.1M | |
Non Current Assets Total | 3.3M | 80.0M | 156.1M | 153.3M | 176.3M | 185.1M | |
Non Currrent Assets Other | 1M | 659.1K | 453K | 1.1M | 1.2M | 1.3M | |
Cash And Short Term Investments | 62.0M | 195.0M | 115.1M | 90.5M | 104.1M | 109.3M | |
Liabilities And Stockholders Equity | 66.1M | 280.4M | 279.6M | 253.2M | 291.2M | 305.7M | |
Other Stockholder Equity | 2.8M | 9.3M | 23.7M | 29.9M | 34.4M | 36.1M | |
Total Liab | 15.1M | 9.5M | 12.2M | 13.2M | 15.2M | 15.9M | |
Total Current Assets | 62.9M | 200.4M | 123.5M | 99.9M | 114.9M | 120.6M | |
Net Receivables | 146.2K | 765.5K | 1.9M | 2.2M | 2.5M | 2.7M | |
Common Stock Shares Outstanding | 364.4M | 956.5M | 979.9M | 979.9M | 1.1B | 1.2B | |
Other Current Assets | 727.8K | 1.8M | 3.8M | 2.1M | 2.4M | 1.4M | |
Accumulated Other Comprehensive Income | 459.6K | 1.7K | (843K) | 48K | 43.2K | 59.2K | |
Common Stock | 38.6M | 104.8M | 381.0M | 381.0M | 342.9M | 325.7M | |
Net Tangible Assets | (10.4M) | 50.7M | 194.1M | 161.6M | 185.9M | 195.1M | |
Property Plant And Equipment Net | 1.9M | 2.5M | 9.2M | 25.3M | 29.1M | 30.5M | |
Accounts Payable | 1.2M | 3.2M | 6.7M | 7.7M | 8.8M | 9.3M | |
Common Stock Total Equity | 38.6M | 459.6 | 381.0M | 381.0M | 438.1M | 460.0M | |
Retained Earnings Total Equity | (52.1M) | (69.0M) | (119.4M) | (136.4M) | (122.8M) | (116.6M) | |
Non Current Liabilities Total | 13.0M | 5.2M | 4.4M | 4.1M | 4.8M | 3.3M | |
Property Plant And Equipment Gross | 583.01 | 3.4M | 10.4M | 27.3M | 31.4M | 33.0M | |
Short Term Debt | 780.1K | 829.7K | 1.3M | 916K | 1.1M | 1.1M | |
Intangible Assets | 376.6K | 33.5M | 41.8M | 55.4M | 63.7M | 66.9M | |
Property Plant Equipment | 1.8M | 583.0K | 2.5M | 6.8M | 7.8M | 8.2M | |
Cash And Equivalents | 510.6K | 62.0M | 195.0M | 27.4M | 31.5M | 46.1M | |
Capital Surpluse | 3.6M | 14.8M | 9.3M | 23.7M | 27.2M | 28.6M |
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Is Pharmaceuticals 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 Zomedica Pharmaceuticals. If investors know Zomedica 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 Zomedica Pharmaceuticals listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.06) | Revenue Per Share | Quarterly Revenue Growth 0.018 | Return On Assets | Return On Equity |
The market value of Zomedica Pharmaceuticals is measured differently than its book value, which is the value of Zomedica that is recorded on the company's balance sheet. Investors also form their own opinion of Zomedica Pharmaceuticals' value that differs from its market value or its book value, called intrinsic value, which is Zomedica Pharmaceuticals' 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 Zomedica Pharmaceuticals' market value can be influenced by many factors that don't directly affect Zomedica Pharmaceuticals' 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 Zomedica Pharmaceuticals' value and its price as these two are different measures arrived at by different means. Investors typically determine if Zomedica Pharmaceuticals is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Zomedica Pharmaceuticals' 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.