Zomato Net Tangible Assets vs Other Current Assets Analysis

ZOMATO Stock

284.90 6.90 2.36%

Zomato financial indicator trend analysis is more than just analyzing Zomato Limited current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Zomato Limited is a good investment. Please check the relationship between Zomato Net Tangible Assets and its Other Current Assets accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Zomato 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 estimate.

Net Tangible Assets vs Other Current Assets

Net Tangible Assets vs Other Current Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Zomato Limited Net Tangible Assets account and Other Current Assets. At this time, the significance of the direction appears to have very strong relationship.

The correlation between Zomato's Net Tangible Assets and Other Current Assets is 0.85. Overlapping area represents the amount of variation of Net Tangible Assets that can explain the historical movement of Other Current Assets in the same time period over historical financial statements of Zomato Limited, assuming nothing else is changed. The correlation between historical values of Zomato's Net Tangible Assets and Other Current Assets 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 Tangible Assets of Zomato Limited are associated (or correlated) with its Other Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Assets has no effect on the direction of Net Tangible Assets i.e., Zomato's Net Tangible Assets and Other Current Assets go up and down completely randomly.

Correlation Coefficient

0.85

Relationship Direction	Positive
Relationship Strength	Strong

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Net Tangible Assets

The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.

Other Current Assets

Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.

Most indicators from Zomato's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Zomato 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 Zomato 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 estimate.

As of December 13, 2024, Selling General Administrative is expected to decline to about 1.7 B. The current year's Tax Provision is expected to grow to about (570 M)

	2021	2022	2023	2024 (projected)
Gross Profit	36.7B	56.8B	31.3B	28.6B
Total Revenue	41.9B	70.8B	121.1B	127.2B

Gross Profit Total Revenue

Zomato fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Net Tangible Assets	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Cash And Short Term Investments	Net Receivables	Good Will	Common Stock Shares Outstanding	Short Term Investments	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab
Total Assets		0.77	0.71	0.82	1.0	0.85	0.94	0.78	0.33	0.56	-0.9	0.94	0.81	0.88	0.05	0.94	0.85	0.84	0.86	0.81	0.84	0.46	0.77	0.93	1.0	0.78
Short Long Term Debt Total	0.77		0.96	0.97	0.75	0.65	0.85	1.0	0.01	0.93	-0.69	0.83	0.52	0.93	-0.02	0.84	0.55	0.95	0.96	0.72	0.54	0.52	0.63	0.79	0.74	0.78
Other Current Liab	0.71	0.96		0.97	0.67	0.68	0.78	0.97	0.11	0.86	-0.71	0.82	0.57	0.91	0.11	0.78	0.43	0.87	0.92	0.68	0.42	0.66	0.72	0.78	0.68	0.84
Total Current Liabilities	0.82	0.97	0.97		0.79	0.8	0.88	0.97	0.22	0.82	-0.81	0.9	0.68	0.95	0.11	0.88	0.61	0.92	0.96	0.81	0.6	0.63	0.8	0.88	0.81	0.86
Total Stockholder Equity	1.0	0.75	0.67	0.79		0.83	0.94	0.76	0.29	0.53	-0.88	0.92	0.81	0.87	0.04	0.94	0.86	0.83	0.84	0.79	0.85	0.39	0.74	0.9	0.99	0.73
Other Liab	0.85	0.65	0.68	0.8	0.83		0.77	0.67	0.61	0.38	-0.86	0.93	0.87	0.74	0.38	0.78	0.75	0.67	0.72	0.91	0.73	0.58	0.95	0.95	0.85	0.82
Net Tangible Assets	0.94	0.85	0.78	0.88	0.94	0.77		0.86	0.15	0.63	-0.86	0.86	0.81	0.96	0.01	0.99	0.8	0.87	0.89	0.77	0.79	0.34	0.73	0.85	0.94	0.67
Property Plant And Equipment Net	0.78	1.0	0.97	0.97	0.76	0.67	0.86		0.02	0.92	-0.7	0.84	0.55	0.94	-0.02	0.85	0.55	0.95	0.96	0.73	0.54	0.53	0.65	0.8	0.75	0.78
Current Deferred Revenue	0.33	0.01	0.11	0.22	0.29	0.61	0.15	0.02		-0.17	-0.58	0.39	0.44	0.1	0.36	0.2	0.5	0.17	0.22	0.42	0.5	0.63	0.68	0.45	0.37	0.52
Net Debt	0.56	0.93	0.86	0.82	0.53	0.38	0.63	0.92	-0.17		-0.42	0.64	0.17	0.75	-0.21	0.6	0.33	0.88	0.85	0.55	0.34	0.47	0.35	0.59	0.5	0.66
Retained Earnings	-0.9	-0.69	-0.71	-0.81	-0.88	-0.86	-0.86	-0.7	-0.58	-0.42		-0.85	-0.87	-0.83	-0.24	-0.91	-0.84	-0.77	-0.83	-0.71	-0.83	-0.6	-0.91	-0.85	-0.92	-0.79
Accounts Payable	0.94	0.83	0.82	0.9	0.92	0.93	0.86	0.84	0.39	0.64	-0.85		0.78	0.86	0.2	0.86	0.73	0.85	0.88	0.9	0.72	0.61	0.86	0.98	0.92	0.9
Cash	0.81	0.52	0.57	0.68	0.81	0.87	0.81	0.55	0.44	0.17	-0.87	0.78		0.75	0.42	0.84	0.7	0.52	0.61	0.68	0.68	0.33	0.87	0.79	0.84	0.59
Non Current Assets Total	0.88	0.93	0.91	0.95	0.87	0.74	0.96	0.94	0.1	0.75	-0.83	0.86	0.75		0.0	0.96	0.66	0.89	0.94	0.74	0.65	0.48	0.73	0.85	0.87	0.75
Non Currrent Assets Other	0.05	-0.02	0.11	0.11	0.04	0.38	0.01	-0.02	0.36	-0.21	-0.24	0.2	0.42	0.0		0.06	0.12	-0.05	0.01	0.08	0.1	0.03	0.5	0.11	0.09	0.11
Other Assets	0.94	0.84	0.78	0.88	0.94	0.78	0.99	0.85	0.2	0.6	-0.91	0.86	0.84	0.96	0.06		0.8	0.86	0.9	0.72	0.79	0.39	0.76	0.84	0.95	0.69
Cash And Short Term Investments	0.85	0.55	0.43	0.61	0.86	0.75	0.8	0.55	0.5	0.33	-0.84	0.73	0.7	0.66	0.12	0.8		0.72	0.7	0.7	1.0	0.26	0.71	0.73	0.87	0.53
Net Receivables	0.84	0.95	0.87	0.92	0.83	0.67	0.87	0.95	0.17	0.88	-0.77	0.85	0.52	0.89	-0.05	0.86	0.72		0.99	0.72	0.72	0.54	0.65	0.81	0.82	0.79
Good Will	0.86	0.96	0.92	0.96	0.84	0.72	0.89	0.96	0.22	0.85	-0.83	0.88	0.61	0.94	0.01	0.9	0.7	0.99		0.73	0.7	0.61	0.73	0.84	0.85	0.84
Common Stock Shares Outstanding	0.81	0.72	0.68	0.81	0.79	0.91	0.77	0.73	0.42	0.55	-0.71	0.9	0.68	0.74	0.08	0.72	0.7	0.72	0.73		0.7	0.51	0.79	0.94	0.79	0.78
Short Term Investments	0.84	0.54	0.42	0.6	0.85	0.73	0.79	0.54	0.5	0.34	-0.83	0.72	0.68	0.65	0.1	0.79	1.0	0.72	0.7	0.7		0.26	0.69	0.72	0.86	0.52
Non Current Liabilities Total	0.46	0.52	0.66	0.63	0.39	0.58	0.34	0.53	0.63	0.47	-0.6	0.61	0.33	0.48	0.03	0.39	0.26	0.54	0.61	0.51	0.26		0.65	0.64	0.45	0.89
Inventory	0.77	0.63	0.72	0.8	0.74	0.95	0.73	0.65	0.68	0.35	-0.91	0.86	0.87	0.73	0.5	0.76	0.71	0.65	0.73	0.79	0.69	0.65		0.86	0.79	0.81
Other Current Assets	0.93	0.79	0.78	0.88	0.9	0.95	0.85	0.8	0.45	0.59	-0.85	0.98	0.79	0.85	0.11	0.84	0.73	0.81	0.84	0.94	0.72	0.64	0.86		0.91	0.9
Other Stockholder Equity	1.0	0.74	0.68	0.81	0.99	0.85	0.94	0.75	0.37	0.5	-0.92	0.92	0.84	0.87	0.09	0.95	0.87	0.82	0.85	0.79	0.86	0.45	0.79	0.91		0.76
Total Liab	0.78	0.78	0.84	0.86	0.73	0.82	0.67	0.78	0.52	0.66	-0.79	0.9	0.59	0.75	0.11	0.69	0.53	0.79	0.84	0.78	0.52	0.89	0.81	0.9	0.76

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Zomato Account Relationship Matchups

Zomato fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	29.0B	87.0B	173.3B	216.0B	233.6B	123.6B
Short Long Term Debt Total	731.8M	725.9M	703M	5.1B	7.5B	7.9B
Other Current Liab	2.7B	1.6B	500M	3.4B	7.3B	7.7B
Total Current Liabilities	7.2B	5.2B	7.1B	14.4B	20.8B	21.9B
Total Stockholder Equity	7.1B	81.0B	165.1B	194.6B	204.1B	108.4B
Other Liab	632.3M	424.4M	398.1M	656M	754.4M	480.2M
Net Tangible Assets	21.0B	(10.3B)	61.9B	152.2B	175.0B	183.7B
Property Plant And Equipment Net	1.0B	840.4M	1.2B	6.4B	10.0B	10.4B
Current Deferred Revenue	4.4B	2.0B	2.6B	3.4B	390M	370.5M
Net Debt	(940.2M)	(2.3B)	(3.2B)	2.9B	4.4B	4.6B
Retained Earnings	(46.7B)	(56.0B)	(67.3B)	(75.1B)	(60.2B)	(63.3B)
Accounts Payable	2.7B	3.0B	4.3B	6.8B	8.9B	4.7B
Cash	1.7B	3.1B	3.9B	2.2B	3.1B	2.7B
Non Current Assets Total	16.4B	45.5B	97.8B	107.7B	179.0B	187.9B
Non Currrent Assets Other	6.6B	34.4B	(3M)	1.3B	4.1B	3.8B
Other Assets	439.3M	455.3M	30.1B	52.9B	60.8B	63.9B
Cash And Short Term Investments	7.9B	37.4B	67.0B	99.2B	34.1B	44.6B
Net Receivables	1.2B	1.6B	1.6B	9.5B	7.9B	8.3B
Good Will	12.1B	12.5B	12.1B	47.2B	47.2B	49.5B
Common Stock Shares Outstanding	4.6B	2.4B	7.2B	8.1B	8.8B	6.6B
Short Term Investments	6.3B	34.3B	63.1B	97.0B	31.0B	41.9B
Liabilities And Stockholders Equity	29.0B	87.0B	173.3B	216.0B	233.6B	123.6B
Non Current Liabilities Total	14.8B	927.9M	1.2B	7.0B	8.7B	5.4B
Inventory	37.3M	148.0M	397M	827M	880M	924M
Other Current Assets	4.5B	2.1B	7.5B	8.8B	11.7B	6.3B
Other Stockholder Equity	45.6B	124.0B	212.9B	247.3B	247.1B	148.3B
Total Liab	22.0B	6.1B	8.3B	21.5B	29.5B	15.3B
Total Current Assets	12.6B	41.5B	75.5B	108.3B	54.6B	52.4B
Accumulated Other Comprehensive Income	5.6B	8.4B	11.8B	14.0B	8.6B	8.7B
Short Term Debt	(1.3B)	195M	(499M)	1.5B	1.6B	1.7B
Intangible Assets	2.8B	2.1B	799M	9.9B	7.5B	3.8B
Property Plant Equipment	1.3B	1.0B	838.5M	1.2B	1.3B	1.0B
Capital Lease Obligations	717.1M	712.3M	703M	4.7B	7.5B	7.9B
Net Invested Capital	7.1B	81.0B	165.1B	195.0B	204.1B	124.4B
Net Working Capital	5.4B	36.3B	68.3B	93.9B	33.8B	47.7B

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Balance Sheet is a snapshot of the financial position of Zomato Limited at a specified time, usually calculated after every quarter, six months, or one year. Zomato Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Zomato and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Zomato currently owns. An asset can also be divided into two categories, current and non-current.

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Zomato Net Tangible Assets vs Other Current Assets Analysis

Net Tangible Assets vs Other Current Assets

Net Tangible Assets vs Other Current Assets Correlation Analysis

Correlation Coefficient

Net Tangible Assets

Other Current Assets

Zomato fundamental ratios Correlations

Zomato Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Zomato fundamental ratios Accounts

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COMMON DESTINATIONS

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COMPANY

Total Stockholder Equity	+ 1.0	Total Assets
Other Stockholder Equity	+ 1.0	Total Assets
Property Plant And Equipment Net	+ 1.0	Short Long Term Debt Total
Short Term Investments	+ 1.0	Cash And Short Term Investments
Other Stockholder Equity	+ 0.99	Total Stockholder Equity
Other Assets	+ 0.99	Net Tangible Assets

Other Stockholder Equity	- 0.92	Retained Earnings
Inventory	- 0.91	Retained Earnings
Other Assets	- 0.91	Retained Earnings
Retained Earnings	- 0.9	Total Assets
Retained Earnings	- 0.88	Total Stockholder Equity
Cash	- 0.87	Retained Earnings