Zota Cash vs Total Assets Analysis

ZOTA Stock

662.80 19.80 3.08%

Zota Health financial indicator trend analysis is more than just analyzing Zota Health Care current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Zota Health Care is a good investment. Please check the relationship between Zota Health Cash and its Total Assets accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Zota Health Care. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Cash vs Total Assets

Cash vs Total Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Zota Health Care Cash account and Total Assets. At this time, the significance of the direction appears to have very week relationship.

The correlation between Zota Health's Cash and Total Assets is 0.2. Overlapping area represents the amount of variation of Cash that can explain the historical movement of Total Assets in the same time period over historical financial statements of Zota Health Care, assuming nothing else is changed. The correlation between historical values of Zota Health's Cash and Total 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 Cash of Zota Health Care are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Cash i.e., Zota Health's Cash and Total Assets go up and down completely randomly.

Correlation Coefficient

0.2

Relationship Direction	Positive
Relationship Strength	Very Weak

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Cash

Cash refers to the most liquid asset of Zota Health Care, which is listed under current asset account on Zota Health Care balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Zota Health customers. The amounts must be unrestricted with restricted cash listed in a different Zota Health account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.

Total Assets

Total assets refers to the total amount of Zota Health assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Zota Health Care books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Most indicators from Zota Health's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Zota Health Care 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 Zota Health Care. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

At this time, Zota Health's Selling General Administrative is comparatively stable compared to the past year. Issuance Of Capital Stock is likely to gain to about 273.9 M in 2024, despite the fact that Tax Provision is likely to grow to (17.2 M).

	2021	2022	2023	2024 (projected)
Interest Expense	141K	25.6M	47.9M	50.3M
Depreciation And Amortization	36.7M	119.6M	201.7M	211.8M

Interest Expense Depreciation And Amortization

Zota Health fundamental ratios Correlations

	Common Stock Shares Outstanding	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	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	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Short Term Debt	Common Stock	Intangible Assets
Common Stock Shares Outstanding		0.83	0.91	0.72	0.91	0.3	0.93	0.08	0.94	-0.6	0.46	-0.07	0.87	0.02	-0.18	0.04	0.25	0.93	0.45	0.83	0.66	0.93	0.43	0.86	0.37	0.2
Total Assets	0.83		0.94	0.77	0.95	0.76	0.92	0.09	0.89	-0.21	0.81	0.2	0.99	0.13	-0.07	0.48	0.66	0.91	0.82	0.78	0.84	0.94	0.84	0.74	0.75	0.49
Short Long Term Debt Total	0.91	0.94		0.88	0.96	0.53	0.98	-0.07	0.98	-0.51	0.7	0.17	0.96	0.14	-0.15	0.21	0.39	0.98	0.71	0.86	0.77	0.98	0.67	0.92	0.54	0.3
Other Current Liab	0.72	0.77	0.88		0.75	0.46	0.82	-0.4	0.81	-0.46	0.52	0.35	0.8	0.21	-0.13	0.2	0.23	0.8	0.59	0.64	0.69	0.79	0.53	0.86	0.41	0.24
Total Current Liabilities	0.91	0.95	0.96	0.75		0.55	0.97	0.15	0.96	-0.41	0.76	0.13	0.96	0.15	-0.18	0.26	0.47	0.97	0.72	0.85	0.79	0.99	0.71	0.84	0.57	0.28
Total Stockholder Equity	0.3	0.76	0.53	0.46	0.55		0.46	0.05	0.41	0.37	0.78	0.33	0.69	0.05	0.21	0.82	0.93	0.45	0.86	0.35	0.66	0.5	0.93	0.21	0.93	0.75
Property Plant And Equipment Net	0.93	0.92	0.98	0.82	0.97	0.46		0.05	1.0	-0.57	0.69	0.07	0.95	0.14	-0.25	0.14	0.33	1.0	0.67	0.88	0.76	0.99	0.63	0.9	0.49	0.22
Current Deferred Revenue	0.08	0.09	-0.07	-0.4	0.15	0.05	0.05		0.06	0.14	0.13	-0.42	0.1	-0.01	-0.28	0.05	0.17	0.08	0.03	0.0	0.13	0.12	0.11	-0.26	0.08	-0.02
Net Debt	0.94	0.89	0.98	0.81	0.96	0.41	1.0	0.06		-0.61	0.66	0.04	0.93	0.14	-0.25	0.08	0.28	1.0	0.63	0.88	0.73	0.99	0.59	0.92	0.45	0.19
Retained Earnings	-0.6	-0.21	-0.51	-0.46	-0.41	0.37	-0.57	0.14	-0.61		0.01	0.29	-0.32	0.04	0.33	0.63	0.51	-0.58	0.04	-0.53	-0.1	-0.5	0.14	-0.73	0.27	0.31
Accounts Payable	0.46	0.81	0.7	0.52	0.76	0.78	0.69	0.13	0.66	0.01		0.25	0.76	0.09	0.01	0.45	0.71	0.69	0.96	0.57	0.66	0.73	0.94	0.52	0.79	0.41
Cash	-0.07	0.2	0.17	0.35	0.13	0.33	0.07	-0.42	0.04	0.29	0.25		0.18	0.21	-0.31	0.6	0.19	0.05	0.27	0.14	0.37	0.09	0.26	0.12	0.04	-0.19
Non Current Assets Total	0.87	0.99	0.96	0.8	0.96	0.69	0.95	0.1	0.93	-0.32	0.76	0.18		0.17	-0.16	0.41	0.56	0.95	0.77	0.83	0.85	0.96	0.78	0.77	0.68	0.42
Non Currrent Assets Other	0.02	0.13	0.14	0.21	0.15	0.05	0.14	-0.01	0.14	0.04	0.09	0.21	0.17		-0.03	0.18	-0.08	0.14	-0.05	0.24	0.07	0.15	0.03	0.14	0.05	-0.06
Other Assets	-0.18	-0.07	-0.15	-0.13	-0.18	0.21	-0.25	-0.28	-0.25	0.33	0.01	-0.31	-0.16	-0.03		0.02	0.36	-0.26	0.08	-0.28	-0.34	-0.23	0.12	-0.15	0.41	0.7
Cash And Short Term Investments	0.04	0.48	0.21	0.2	0.26	0.82	0.14	0.05	0.08	0.63	0.45	0.6	0.41	0.18	0.02		0.78	0.12	0.51	0.16	0.49	0.19	0.62	-0.11	0.63	0.47
Net Receivables	0.25	0.66	0.39	0.23	0.47	0.93	0.33	0.17	0.28	0.51	0.71	0.19	0.56	-0.08	0.36	0.78		0.32	0.77	0.23	0.53	0.39	0.86	0.06	0.92	0.79
Non Current Liabilities Total	0.93	0.91	0.98	0.8	0.97	0.45	1.0	0.08	1.0	-0.58	0.69	0.05	0.95	0.14	-0.26	0.12	0.32		0.66	0.88	0.76	0.99	0.63	0.9	0.48	0.21
Inventory	0.45	0.82	0.71	0.59	0.72	0.86	0.67	0.03	0.63	0.04	0.96	0.27	0.77	-0.05	0.08	0.51	0.77	0.66		0.5	0.66	0.7	0.98	0.51	0.84	0.53
Other Current Assets	0.83	0.78	0.86	0.64	0.85	0.35	0.88	0.0	0.88	-0.53	0.57	0.14	0.83	0.24	-0.28	0.16	0.23	0.88	0.5		0.66	0.87	0.5	0.79	0.37	0.1
Other Stockholder Equity	0.66	0.84	0.77	0.69	0.79	0.66	0.76	0.13	0.73	-0.1	0.66	0.37	0.85	0.07	-0.34	0.49	0.53	0.76	0.66	0.66		0.78	0.69	0.54	0.53	0.29
Total Liab	0.93	0.94	0.98	0.79	0.99	0.5	0.99	0.12	0.99	-0.5	0.73	0.09	0.96	0.15	-0.23	0.19	0.39	0.99	0.7	0.87	0.78		0.67	0.88	0.53	0.24
Total Current Assets	0.43	0.84	0.67	0.53	0.71	0.93	0.63	0.11	0.59	0.14	0.94	0.26	0.78	0.03	0.12	0.62	0.86	0.63	0.98	0.5	0.69	0.67		0.42	0.91	0.63
Short Term Debt	0.86	0.74	0.92	0.86	0.84	0.21	0.9	-0.26	0.92	-0.73	0.52	0.12	0.77	0.14	-0.15	-0.11	0.06	0.9	0.51	0.79	0.54	0.88	0.42		0.26	0.05
Common Stock	0.37	0.75	0.54	0.41	0.57	0.93	0.49	0.08	0.45	0.27	0.79	0.04	0.68	0.05	0.41	0.63	0.92	0.48	0.84	0.37	0.53	0.53	0.91	0.26		0.85
Intangible Assets	0.2	0.49	0.3	0.24	0.28	0.75	0.22	-0.02	0.19	0.31	0.41	-0.19	0.42	-0.06	0.7	0.47	0.79	0.21	0.53	0.1	0.29	0.24	0.63	0.05	0.85

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Zota Health Account Relationship Matchups

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Zota Cash vs Total Assets Analysis

Cash vs Total Assets

Cash vs Total Assets Correlation Analysis

Correlation Coefficient

Cash

Total Assets

Zota Health fundamental ratios Correlations

Zota Health Account Relationship Matchups

High Positive Relationship

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Net Debt	+ 1.0	Property Plant And Equipment Net
Non Current Liabilities Total	+ 1.0	Property Plant And Equipment Net
Non Current Liabilities Total	+ 1.0	Net Debt
Non Current Assets Total	+ 0.99	Total Assets
Total Liab	+ 0.99	Total Current Liabilities
Total Liab	+ 0.99	Property Plant And Equipment Net

Short Term Debt	- 0.73	Retained Earnings
Retained Earnings	- 0.61	Net Debt
Retained Earnings	- 0.6	Common Stock Shares Outstanding
Non Current Liabilities Total	- 0.58	Retained Earnings
Retained Earnings	- 0.57	Property Plant And Equipment Net
Other Current Assets	- 0.53	Retained Earnings