ZOOZ Ebit vs Gross Profit Analysis

ZOOZ Stock

2.77 0.07 2.59%

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

Ebit vs Gross Profit

Ebit vs Gross Profit Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of ZOOZ Power Ebit account and Gross Profit. At this time, the significance of the direction appears to have almost identical trend.

The correlation between ZOOZ Power's Ebit and Gross Profit is 0.9. Overlapping area represents the amount of variation of Ebit that can explain the historical movement of Gross Profit in the same time period over historical financial statements of ZOOZ Power Ltd, assuming nothing else is changed. The correlation between historical values of ZOOZ Power's Ebit 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 Ebit of ZOOZ Power Ltd 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 Ebit i.e., ZOOZ Power's Ebit and Gross Profit go up and down completely randomly.

Correlation Coefficient

0.9

Relationship Direction	Positive
Relationship Strength	Very Strong

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Ebit

Gross Profit

Gross profit is a required income statement account that reflects total revenue of ZOOZ Power Ltd minus its cost of goods sold. It is profit before ZOOZ Power 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 ZOOZ Power's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into ZOOZ Power 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 ZOOZ Power Ltd. 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.

Enterprise Value is likely to rise to about 47.3 M in 2024, whereas Selling General Administrative is likely to drop slightly above 2.2 M in 2024.

	2021	2022	2023	2024 (projected)
Total Operating Expenses	10.3M	10.9M	11.1M	10.3M
Cost Of Revenue	105.2K	605.6K	1.9M	2.0M

Total Operating Expenses Cost Of Revenue

ZOOZ Power fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Common Stock	Short Long Term Debt Total	Current Deferred Revenue	Non Currrent Assets Other	Other Assets	Non Current Liabilities Total	Short Term Debt	Capital Lease Obligations
Total Assets		0.76	0.77	0.99	0.8	-0.89	-0.79	-0.71	0.97	0.81	0.97	-0.43	0.85	0.83	0.49	0.93	0.82	0.99	0.91	-0.3	0.38	0.98	-0.42	-0.43	-0.77	-0.42
Other Current Liab	0.76		1.0	0.66	0.99	-0.4	-0.94	-0.56	0.56	0.98	0.56	-0.37	0.89	0.99	0.46	0.92	0.98	0.67	0.96	-0.61	0.82	0.67	-0.65	-0.73	-0.8	-0.68
Total Current Liabilities	0.77	1.0		0.68	0.99	-0.42	-0.95	-0.58	0.58	0.99	0.58	-0.35	0.88	0.98	0.44	0.92	0.99	0.68	0.96	-0.61	0.8	0.68	-0.66	-0.73	-0.81	-0.68
Total Stockholder Equity	0.99	0.66	0.68		0.71	-0.94	-0.72	-0.7	0.99	0.72	0.99	-0.46	0.81	0.75	0.51	0.89	0.73	1.0	0.85	-0.23	0.3	0.99	-0.35	-0.35	-0.72	-0.35
Property Plant And Equipment Net	0.8	0.99	0.99	0.71		-0.47	-0.93	-0.59	0.63	1.0	0.62	-0.27	0.85	0.97	0.36	0.92	1.0	0.72	0.96	-0.55	0.72	0.7	-0.61	-0.67	-0.78	-0.63
Net Debt	-0.89	-0.4	-0.42	-0.94	-0.47		0.43	0.47	-0.96	-0.48	-0.96	0.32	-0.61	-0.52	-0.42	-0.7	-0.49	-0.93	-0.65	-0.12	0.0	-0.91	0.01	0.01	0.45	0.01
Retained Earnings	-0.79	-0.94	-0.95	-0.72	-0.93	0.43		0.79	-0.63	-0.93	-0.63	0.53	-0.89	-0.94	-0.51	-0.92	-0.93	-0.72	-0.93	0.78	-0.79	-0.75	0.83	0.86	0.95	0.85
Accounts Payable	-0.71	-0.56	-0.58	-0.7	-0.59	0.47	0.79		-0.68	-0.6	-0.68	0.51	-0.6	-0.59	-0.31	-0.67	-0.62	-0.7	-0.65	0.73	-0.37	-0.74	0.81	0.73	0.89	0.79
Cash	0.97	0.56	0.58	0.99	0.63	-0.96	-0.63	-0.68		0.64	1.0	-0.39	0.72	0.66	0.43	0.81	0.65	0.99	0.77	-0.14	0.16	0.97	-0.27	-0.25	-0.65	-0.27
Non Current Assets Total	0.81	0.98	0.99	0.72	1.0	-0.48	-0.93	-0.6	0.64		0.63	-0.26	0.84	0.96	0.34	0.91	1.0	0.72	0.96	-0.54	0.7	0.71	-0.6	-0.66	-0.78	-0.62
Cash And Short Term Investments	0.97	0.56	0.58	0.99	0.62	-0.96	-0.63	-0.68	1.0	0.63		-0.39	0.71	0.65	0.42	0.81	0.65	0.99	0.77	-0.14	0.15	0.97	-0.27	-0.25	-0.65	-0.26
Net Receivables	-0.43	-0.37	-0.35	-0.46	-0.27	0.32	0.53	0.51	-0.39	-0.26	-0.39		-0.7	-0.48	-0.93	-0.56	-0.26	-0.44	-0.46	0.58	-0.62	-0.56	0.62	0.65	0.71	0.63
Common Stock Shares Outstanding	0.85	0.89	0.88	0.81	0.85	-0.61	-0.89	-0.6	0.72	0.84	0.71	-0.7		0.95	0.79	0.97	0.84	0.8	0.95	-0.55	0.79	0.84	-0.62	-0.7	-0.87	-0.65
Inventory	0.83	0.99	0.98	0.75	0.97	-0.52	-0.94	-0.59	0.66	0.96	0.65	-0.48	0.95		0.58	0.97	0.96	0.75	0.99	-0.58	0.81	0.77	-0.63	-0.71	-0.84	-0.66
Other Current Assets	0.49	0.46	0.44	0.51	0.36	-0.42	-0.51	-0.31	0.43	0.34	0.42	-0.93	0.79	0.58		0.64	0.34	0.49	0.56	-0.4	0.67	0.59	-0.44	-0.52	-0.62	-0.47
Other Stockholder Equity	0.93	0.92	0.92	0.89	0.92	-0.7	-0.92	-0.67	0.81	0.91	0.81	-0.56	0.97	0.97	0.64		0.92	0.88	0.99	-0.51	0.69	0.9	-0.59	-0.65	-0.87	-0.61
Total Liab	0.82	0.98	0.99	0.73	1.0	-0.49	-0.93	-0.62	0.65	1.0	0.65	-0.26	0.84	0.96	0.34	0.92		0.74	0.96	-0.55	0.69	0.72	-0.61	-0.66	-0.79	-0.62
Total Current Assets	0.99	0.67	0.68	1.0	0.72	-0.93	-0.72	-0.7	0.99	0.72	0.99	-0.44	0.8	0.75	0.49	0.88	0.74		0.85	-0.23	0.29	0.99	-0.35	-0.35	-0.72	-0.35
Common Stock	0.91	0.96	0.96	0.85	0.96	-0.65	-0.93	-0.65	0.77	0.96	0.77	-0.46	0.95	0.99	0.56	0.99	0.96	0.85		-0.51	0.7	0.86	-0.59	-0.65	-0.84	-0.61
Short Long Term Debt Total	-0.3	-0.61	-0.61	-0.23	-0.55	-0.12	0.78	0.73	-0.14	-0.54	-0.14	0.58	-0.55	-0.58	-0.4	-0.51	-0.55	-0.23	-0.51		-0.76	-0.32	0.99	0.98	0.84	0.99
Current Deferred Revenue	0.38	0.82	0.8	0.3	0.72	0.0	-0.79	-0.37	0.16	0.7	0.15	-0.62	0.79	0.81	0.67	0.69	0.69	0.29	0.7	-0.76		0.36	-0.75	-0.85	-0.73	-0.78
Non Currrent Assets Other	0.98	0.67	0.68	0.99	0.7	-0.91	-0.75	-0.74	0.97	0.71	0.97	-0.56	0.84	0.77	0.59	0.9	0.72	0.99	0.86	-0.32	0.36		-0.43	-0.43	-0.78	-0.44
Other Assets	-0.42	-0.65	-0.66	-0.35	-0.61	0.01	0.83	0.81	-0.27	-0.6	-0.27	0.62	-0.62	-0.63	-0.44	-0.59	-0.61	-0.35	-0.59	0.99	-0.75	-0.43		0.98	0.9	1.0
Non Current Liabilities Total	-0.43	-0.73	-0.73	-0.35	-0.67	0.01	0.86	0.73	-0.25	-0.66	-0.25	0.65	-0.7	-0.71	-0.52	-0.65	-0.66	-0.35	-0.65	0.98	-0.85	-0.43	0.98		0.9	0.99
Short Term Debt	-0.77	-0.8	-0.81	-0.72	-0.78	0.45	0.95	0.89	-0.65	-0.78	-0.65	0.71	-0.87	-0.84	-0.62	-0.87	-0.79	-0.72	-0.84	0.84	-0.73	-0.78	0.9	0.9		0.9
Capital Lease Obligations	-0.42	-0.68	-0.68	-0.35	-0.63	0.01	0.85	0.79	-0.27	-0.62	-0.26	0.63	-0.65	-0.66	-0.47	-0.61	-0.62	-0.35	-0.61	0.99	-0.78	-0.44	1.0	0.99	0.9

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ZOOZ Power Account Relationship Matchups

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Additional Tools for ZOOZ Stock Analysis

When running ZOOZ Power's price analysis, check to measure ZOOZ Power's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy ZOOZ Power is operating at the current time. Most of ZOOZ Power's value examination focuses on studying past and present price action to predict the probability of ZOOZ Power's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ZOOZ Power's price. Additionally, you may evaluate how the addition of ZOOZ Power to your portfolios can decrease your overall portfolio volatility.

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ZOOZ Ebit vs Gross Profit Analysis

Ebit vs Gross Profit

Ebit vs Gross Profit Correlation Analysis

Correlation Coefficient

Ebit

Gross Profit

ZOOZ Power fundamental ratios Correlations

ZOOZ Power Account Relationship Matchups

High Positive Relationship

High Negative Relationship

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Additional Tools for ZOOZ Stock Analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Current Liabilities	+ 1.0	Other Current Liab
Total Current Assets	+ 1.0	Total Stockholder Equity
Non Current Assets Total	+ 1.0	Property Plant And Equipment Net
Total Liab	+ 1.0	Property Plant And Equipment Net
Cash And Short Term Investments	+ 1.0	Cash
Total Liab	+ 1.0	Non Current Assets Total

Cash And Short Term Investments	- 0.96	Net Debt
Cash	- 0.96	Net Debt
Retained Earnings	- 0.95	Total Current Liabilities
Inventory	- 0.94	Retained Earnings
Net Debt	- 0.94	Total Stockholder Equity
Retained Earnings	- 0.94	Other Current Liab