Zoo Net Receivables vs Common Stock Total Equity Analysis

ZOO Stock   37.00  1.50  4.23%   
Zoo Digital financial indicator trend analysis is more than just analyzing Zoo Digital Group current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Zoo Digital Group is a good investment. Please check the relationship between Zoo Digital Net Receivables and its Common Stock Total Equity accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Zoo Digital Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.

Net Receivables vs Common Stock Total Equity

Net Receivables vs Common Stock Total Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Zoo Digital Group Net Receivables account and Common Stock Total Equity. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Zoo Digital's Net Receivables and Common Stock Total Equity is -0.59. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Common Stock Total Equity in the same time period over historical financial statements of Zoo Digital Group, assuming nothing else is changed. The correlation between historical values of Zoo Digital's Net Receivables and Common Stock Total Equity 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 Receivables of Zoo Digital Group are associated (or correlated) with its Common Stock Total Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Total Equity has no effect on the direction of Net Receivables i.e., Zoo Digital's Net Receivables and Common Stock Total Equity go up and down completely randomly.

Correlation Coefficient

-0.59
Relationship DirectionNegative 
Relationship StrengthVery Weak

Net Receivables

Common Stock Total Equity

The total value of common stock equity held by shareholders, representing their ownership interest in the company.
Most indicators from Zoo Digital's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Zoo Digital Group 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 Zoo Digital Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
At present, Zoo Digital's Issuance Of Capital Stock is projected to increase significantly based on the last few years of reporting.
 2021 2022 2023 2024 (projected)
Interest Expense519K620K566K103.6K
Depreciation And Amortization4.7M5.7M7.3M200K

Zoo Digital fundamental ratios Correlations

0.890.920.980.590.950.620.440.350.890.960.91-0.380.760.810.340.76-0.160.96-0.140.92-0.58-0.560.840.580.76
0.890.670.90.70.810.690.270.080.960.830.89-0.120.550.610.360.55-0.30.88-0.310.94-0.61-0.60.840.70.88
0.920.670.870.310.870.360.30.410.640.890.79-0.60.850.830.270.85-0.030.880.140.72-0.49-0.470.670.290.58
0.980.90.870.60.980.710.410.320.910.980.87-0.240.660.790.380.66-0.290.9-0.270.92-0.5-0.480.840.690.83
0.590.70.310.60.530.770.530.220.790.530.450.210.120.360.180.12-0.170.59-0.50.8-0.45-0.440.630.670.53
0.950.810.870.980.530.690.390.420.840.990.8-0.220.590.820.350.59-0.330.82-0.310.85-0.37-0.350.750.640.78
0.620.690.360.710.770.690.460.390.80.680.490.170.160.40.330.16-0.340.52-0.740.74-0.44-0.420.560.740.69
0.440.270.30.410.530.390.460.510.520.390.36-0.010.250.360.010.250.180.46-0.220.5-0.27-0.260.450.430.08
0.350.080.410.320.220.420.390.510.220.450.26-0.230.210.47-0.310.210.380.27-0.330.26-0.24-0.23-0.02-0.05-0.08
0.890.960.640.910.790.840.80.520.220.850.86-0.040.50.620.350.5-0.280.87-0.410.97-0.56-0.550.870.80.81
0.960.830.890.980.530.990.680.390.450.850.83-0.260.640.820.280.64-0.260.85-0.310.86-0.46-0.440.720.620.79
0.910.890.790.870.450.80.490.360.260.860.83-0.390.740.70.260.74-0.040.92-0.080.86-0.63-0.610.780.470.69
-0.38-0.12-0.6-0.240.21-0.220.17-0.01-0.23-0.04-0.26-0.39-0.85-0.25-0.07-0.85-0.3-0.47-0.6-0.090.460.47-0.180.37-0.02
0.760.550.850.660.120.590.160.250.210.50.640.74-0.850.540.241.00.140.830.410.53-0.63-0.620.610.110.42
0.810.610.830.790.360.820.40.360.470.620.820.7-0.250.540.390.540.040.73-0.080.72-0.36-0.340.580.310.53
0.340.360.270.380.180.350.330.01-0.310.350.280.26-0.070.240.390.24-0.410.30.050.36-0.06-0.050.550.360.48
0.760.550.850.660.120.590.160.250.210.50.640.74-0.851.00.540.240.140.830.410.53-0.63-0.620.610.110.42
-0.16-0.3-0.03-0.29-0.17-0.33-0.340.180.38-0.28-0.26-0.04-0.30.140.04-0.410.140.00.4-0.16-0.35-0.36-0.25-0.6-0.55
0.960.880.880.90.590.820.520.460.270.870.850.92-0.470.830.730.30.830.00.020.9-0.7-0.690.850.490.69
-0.14-0.310.14-0.27-0.5-0.31-0.74-0.22-0.33-0.41-0.31-0.08-0.60.41-0.080.050.410.40.02-0.310.040.030.0-0.55-0.4
0.920.940.720.920.80.850.740.50.260.970.860.86-0.090.530.720.360.53-0.160.9-0.31-0.59-0.570.880.710.77
-0.58-0.61-0.49-0.5-0.45-0.37-0.44-0.27-0.24-0.56-0.46-0.630.46-0.63-0.36-0.06-0.63-0.35-0.70.04-0.591.0-0.41-0.11-0.49
-0.56-0.6-0.47-0.48-0.44-0.35-0.42-0.26-0.23-0.55-0.44-0.610.47-0.62-0.34-0.05-0.62-0.36-0.690.03-0.571.0-0.39-0.09-0.48
0.840.840.670.840.630.750.560.45-0.020.870.720.78-0.180.610.580.550.61-0.250.850.00.88-0.41-0.390.720.68
0.580.70.290.690.670.640.740.43-0.050.80.620.470.370.110.310.360.11-0.60.49-0.550.71-0.11-0.090.720.72
0.760.880.580.830.530.780.690.08-0.080.810.790.69-0.020.420.530.480.42-0.550.69-0.40.77-0.49-0.480.680.72
Click cells to compare fundamentals

Zoo Digital Account Relationship Matchups

Zoo Digital fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets21.4M24.9M64.4M64.2M49.1M22.2M
Total Current Liabilities13.4M20.3M29.7M21.8M17.1M5.7M
Total Stockholder Equity5.3M2.8M26.3M35.1M27.7M16.5M
Property Plant And Equipment Net3.6M4.4M13.3M14.7M11.2M226.8K
Accounts Payable8.0M3.8M12.4M5.4M5.0M1.4M
Non Current Assets Total10.8M11.7M28.8M31.0M29.7M6.2M
Common Stock Shares Outstanding80.7M81.2M74.6M93.6M97.2M2.6M
Liabilities And Stockholders Equity21.4M24.9M64.4M64.2M49.1M22.2M
Non Current Liabilities Total2.6M1.8M8.4M7.3M4.3M2.9M
Other Stockholder Equity41.0M41.0M55.6M55.7M70.6M49.4M
Total Liab16.1M22.0M38.2M29.1M21.5M5.7M
Property Plant And Equipment Gross3.6M4.4M20.7M22.5M23.5M226.8K
Accumulated Other Comprehensive Income19.5M20.2M26.2M22.5M22.9M(1.0M)
Other Current Liab978K11.0M15.4M14.0M10.1M5.7M
Net Debt5.8M3.8M3.2M(3.5M)433K(8.2M)
Cash1.2M2.9M6.0M11.8M5.3M9.7M
Non Currrent Assets Other(8.0M)(8.7M)4.2M4.3M4.2M(9.7M)
Cash And Short Term Investments1.2M2.9M6.0M11.8M5.3M9.7M
Other Current Assets1.1M991K2.1M3.2M2.6M5.5M
Total Current Assets10.5M13.2M35.6M33.2M19.4M16.0M
Retained Earnings(56.2M)(59.3M)(56.7M)(44.3M)(67.2M)(33.2M)
Net Receivables8.3M9.3M24.5M18.1M11.5M1.0
Property Plant Equipment3.6M4.4M13.3M14.7M127K120.7K
Short Long Term Debt Total7.0M6.8M9.1M8.4M5.7M1.5M
Long Term Debt3.6M3.3M500K0.0243K757K
Short Term Debt4.4M5.0M1.3M1.4M1.4M1.5M
Intangible Assets2.7M2.8M2.9M4.8M1.4M6.0M
Net Tangible Assets940K(1.5M)16.7M28.1M32.3M33.9M
Capital Lease Obligations3.4M3.3M9.1M8.4M5.5M4.4M

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.

Other Information on Investing in Zoo Stock

Balance Sheet is a snapshot of the financial position of Zoo Digital Group at a specified time, usually calculated after every quarter, six months, or one year. Zoo Digital Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Zoo Digital 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 Zoo currently owns. An asset can also be divided into two categories, current and non-current.