Zoomd Capex To Depreciation vs Ev To Sales Analysis

ZOMD Stock  CAD 0.53  0.03  6.00%   
Zoomd Technologies financial indicator trend analysis is more than just analyzing Zoomd Technologies current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Zoomd Technologies is a good investment. Please check the relationship between Zoomd Technologies Capex To Depreciation and its Ev To Sales accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Zoomd Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment.

Capex To Depreciation vs Ev To Sales

Capex To Depreciation vs Ev To Sales Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Zoomd Technologies Capex To Depreciation account and Ev To Sales. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Zoomd Technologies' Capex To Depreciation and Ev To Sales is -0.11. Overlapping area represents the amount of variation of Capex To Depreciation that can explain the historical movement of Ev To Sales in the same time period over historical financial statements of Zoomd Technologies, assuming nothing else is changed. The correlation between historical values of Zoomd Technologies' Capex To Depreciation and Ev To Sales is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Capex To Depreciation of Zoomd Technologies are associated (or correlated) with its Ev To Sales. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ev To Sales has no effect on the direction of Capex To Depreciation i.e., Zoomd Technologies' Capex To Depreciation and Ev To Sales go up and down completely randomly.

Correlation Coefficient

-0.11
Relationship DirectionNegative 
Relationship StrengthInsignificant

Capex To Depreciation

The ratio of a company's capital expenditures to its depreciation expenses, indicating how much the company is investing in physical assets relative to the aging of existing assets.

Ev To Sales

The Enterprise Value to Sales ratio, a valuation metric used to compare the value of a company, including debt and excluding cash, to its sales revenue.
Most indicators from Zoomd Technologies' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Zoomd Technologies 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 Zoomd Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment.
Enterprise Value is likely to climb to about 13.1 M in 2024, whereas Selling General Administrative is likely to drop slightly above 8.1 M in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit16.3M16.6M12.0M12.9M
Interest Income1K13K19K28K

Zoomd Technologies fundamental ratios Correlations

0.530.570.99-0.710.97-0.850.690.970.860.850.980.890.981.00.910.720.910.760.53-0.970.97-0.86-0.760.130.32
0.53-0.230.53-0.420.49-0.610.10.410.240.020.620.560.50.510.190.190.530.690.42-0.610.64-0.54-0.550.540.44
0.57-0.230.5-0.490.55-0.560.780.560.810.850.520.640.650.550.80.290.640.430.49-0.530.52-0.59-0.530.020.23
0.990.530.5-0.640.98-0.80.650.980.80.820.960.830.931.00.90.790.880.70.42-0.950.94-0.79-0.70.050.24
-0.71-0.42-0.49-0.64-0.60.89-0.35-0.58-0.66-0.64-0.78-0.72-0.77-0.68-0.56-0.1-0.67-0.76-0.730.82-0.80.920.9-0.1-0.6
0.970.490.550.98-0.6-0.80.720.980.860.820.950.880.930.980.930.80.920.720.5-0.930.94-0.77-0.720.080.34
-0.85-0.61-0.56-0.80.89-0.8-0.6-0.75-0.79-0.68-0.91-0.93-0.89-0.83-0.74-0.29-0.89-0.94-0.80.95-0.930.940.98-0.33-0.67
0.690.10.780.65-0.350.72-0.60.730.850.790.620.690.730.690.830.530.670.670.56-0.640.63-0.52-0.580.390.33
0.970.410.560.98-0.580.98-0.750.730.840.870.920.80.910.980.930.840.840.660.42-0.910.9-0.73-0.660.020.22
0.860.240.810.8-0.660.86-0.790.850.840.910.850.870.920.840.90.550.840.720.73-0.820.85-0.82-0.770.210.5
0.850.020.850.82-0.640.82-0.680.790.870.910.780.720.870.850.940.650.740.540.48-0.780.77-0.74-0.63-0.090.21
0.980.620.520.96-0.780.95-0.910.620.920.850.780.930.980.970.850.610.930.820.62-0.991.0-0.92-0.830.190.44
0.890.560.640.83-0.720.88-0.930.690.80.870.720.930.920.860.830.440.980.850.74-0.920.94-0.91-0.870.320.58
0.980.50.650.93-0.770.93-0.890.730.910.920.870.980.920.960.890.590.910.810.66-0.960.97-0.93-0.830.230.42
1.00.510.551.0-0.680.98-0.830.690.980.840.850.970.860.960.920.760.90.730.48-0.960.96-0.83-0.730.090.28
0.910.190.80.9-0.560.93-0.740.830.930.90.940.850.830.890.920.740.880.620.45-0.850.84-0.73-0.65-0.010.23
0.720.190.290.79-0.10.8-0.290.530.840.550.650.610.440.590.760.740.540.22-0.04-0.570.57-0.29-0.17-0.24-0.18
0.910.530.640.88-0.670.92-0.890.670.840.840.740.930.980.910.90.880.540.780.62-0.920.93-0.87-0.80.20.46
0.760.690.430.7-0.760.72-0.940.670.660.720.540.820.850.810.730.620.220.780.84-0.860.85-0.82-0.940.610.73
0.530.420.490.42-0.730.5-0.80.560.420.730.480.620.740.660.480.45-0.040.620.84-0.640.67-0.75-0.890.520.93
-0.97-0.61-0.53-0.950.82-0.930.95-0.64-0.91-0.82-0.78-0.99-0.92-0.96-0.96-0.85-0.57-0.92-0.86-0.64-0.990.910.88-0.19-0.47
0.970.640.520.94-0.80.94-0.930.630.90.850.771.00.940.970.960.840.570.930.850.67-0.99-0.93-0.870.220.5
-0.86-0.54-0.59-0.790.92-0.770.94-0.52-0.73-0.82-0.74-0.92-0.91-0.93-0.83-0.73-0.29-0.87-0.82-0.750.91-0.930.9-0.24-0.56
-0.76-0.55-0.53-0.70.9-0.720.98-0.58-0.66-0.77-0.63-0.83-0.87-0.83-0.73-0.65-0.17-0.8-0.94-0.890.88-0.870.9-0.37-0.8
0.130.540.020.05-0.10.08-0.330.390.020.21-0.090.190.320.230.09-0.01-0.240.20.610.52-0.190.22-0.24-0.370.46
0.320.440.230.24-0.60.34-0.670.330.220.50.210.440.580.420.280.23-0.180.460.730.93-0.470.5-0.56-0.80.46
Click cells to compare fundamentals

Zoomd Technologies Account Relationship Matchups

Zoomd Technologies fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets26.0M19.4M26.6M25.0M18.6M18.2M
Other Current Liab3.3M3.9M151K3.2M3.6M2.3M
Total Current Liabilities6.4M5.9M11.0M9.1M7.8M8.7M
Total Stockholder Equity17.9M12.3M15.0M13.1M8.7M10.5M
Other Liab633K601K471K520K468K437.7K
Net Tangible Assets5.3M1.2M3.7M1.9M2.2M1.3M
Retained Earnings(26.0M)(31.7M)(29.2M)(32.0M)(36.7M)(38.5M)
Accounts Payable3.2M2.0M3.2M3.4M3.0M3.2M
Cash5.9M2.6M5.2M3.8M2.6M3.2M
Non Current Assets Total14.5M12.6M12.4M14.6M10.8M12.5M
Other Assets159K47K296K220K253K148.9K
Net Receivables5.2M3.7M8.5M5.8M4.7M5.4M
Common Stock Shares Outstanding93.3M94.8M95.6M97.3M98.3M75.5M
Non Current Liabilities Total1.7M1.2M567K2.8M2.2M1.4M
Other Stockholder Equity4.8M5.0M5.1M5.6M6.4M5.0M
Total Liab8.2M7.1M11.6M11.9M10.0M7.6M
Net Invested Capital17.9M12.3M17.0M15.1M10.7M11.5M
Total Current Assets11.5M6.9M14.1M10.4M7.9M9.7M
Net Working Capital5.0M922K3.1M1.3M81K77.0K
Property Plant Equipment1.8M1.4M814K3.2M3.7M3.9M
Capital Lease Obligations1.1M1.4M770K2.8M2.4M1.5M
Intangible Assets7.2M5.8M5.7M5.4M2.1M2.0M

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