Zota Common Stock Shares Outstanding 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 Common Stock Shares Outstanding 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.

Common Stock Shares Outstanding vs Total Assets

Common Stock Shares Outstanding 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 Common Stock Shares Outstanding account and Total Assets. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Zota Health's Common Stock Shares Outstanding and Total Assets is 0.83. Overlapping area represents the amount of variation of Common Stock Shares Outstanding 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 Common Stock Shares Outstanding 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 Common Stock Shares Outstanding 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 Common Stock Shares Outstanding i.e., Zota Health's Common Stock Shares Outstanding and Total Assets go up and down completely randomly.

Correlation Coefficient

0.83
Relationship DirectionPositive 
Relationship StrengthStrong

Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.

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 Expense141K25.6M47.9M50.3M
Depreciation And Amortization36.7M119.6M201.7M211.8M

Zota Health fundamental ratios Correlations

0.830.910.720.910.30.930.080.94-0.60.46-0.070.870.02-0.180.040.250.930.450.830.660.930.430.860.370.2
0.830.940.770.950.760.920.090.89-0.210.810.20.990.13-0.070.480.660.910.820.780.840.940.840.740.750.49
0.910.940.880.960.530.98-0.070.98-0.510.70.170.960.14-0.150.210.390.980.710.860.770.980.670.920.540.3
0.720.770.880.750.460.82-0.40.81-0.460.520.350.80.21-0.130.20.230.80.590.640.690.790.530.860.410.24
0.910.950.960.750.550.970.150.96-0.410.760.130.960.15-0.180.260.470.970.720.850.790.990.710.840.570.28
0.30.760.530.460.550.460.050.410.370.780.330.690.050.210.820.930.450.860.350.660.50.930.210.930.75
0.930.920.980.820.970.460.051.0-0.570.690.070.950.14-0.250.140.331.00.670.880.760.990.630.90.490.22
0.080.09-0.07-0.40.150.050.050.060.140.13-0.420.1-0.01-0.280.050.170.080.030.00.130.120.11-0.260.08-0.02
0.940.890.980.810.960.411.00.06-0.610.660.040.930.14-0.250.080.281.00.630.880.730.990.590.920.450.19
-0.6-0.21-0.51-0.46-0.410.37-0.570.14-0.610.010.29-0.320.040.330.630.51-0.580.04-0.53-0.1-0.50.14-0.730.270.31
0.460.810.70.520.760.780.690.130.660.010.250.760.090.010.450.710.690.960.570.660.730.940.520.790.41
-0.070.20.170.350.130.330.07-0.420.040.290.250.180.21-0.310.60.190.050.270.140.370.090.260.120.04-0.19
0.870.990.960.80.960.690.950.10.93-0.320.760.180.17-0.160.410.560.950.770.830.850.960.780.770.680.42
0.020.130.140.210.150.050.14-0.010.140.040.090.210.17-0.030.18-0.080.14-0.050.240.070.150.030.140.05-0.06
-0.18-0.07-0.15-0.13-0.180.21-0.25-0.28-0.250.330.01-0.31-0.16-0.030.020.36-0.260.08-0.28-0.34-0.230.12-0.150.410.7
0.040.480.210.20.260.820.140.050.080.630.450.60.410.180.020.780.120.510.160.490.190.62-0.110.630.47
0.250.660.390.230.470.930.330.170.280.510.710.190.56-0.080.360.780.320.770.230.530.390.860.060.920.79
0.930.910.980.80.970.451.00.081.0-0.580.690.050.950.14-0.260.120.320.660.880.760.990.630.90.480.21
0.450.820.710.590.720.860.670.030.630.040.960.270.77-0.050.080.510.770.660.50.660.70.980.510.840.53
0.830.780.860.640.850.350.880.00.88-0.530.570.140.830.24-0.280.160.230.880.50.660.870.50.790.370.1
0.660.840.770.690.790.660.760.130.73-0.10.660.370.850.07-0.340.490.530.760.660.660.780.690.540.530.29
0.930.940.980.790.990.50.990.120.99-0.50.730.090.960.15-0.230.190.390.990.70.870.780.670.880.530.24
0.430.840.670.530.710.930.630.110.590.140.940.260.780.030.120.620.860.630.980.50.690.670.420.910.63
0.860.740.920.860.840.210.9-0.260.92-0.730.520.120.770.14-0.15-0.110.060.90.510.790.540.880.420.260.05
0.370.750.540.410.570.930.490.080.450.270.790.040.680.050.410.630.920.480.840.370.530.530.910.260.85
0.20.490.30.240.280.750.22-0.020.190.310.41-0.190.42-0.060.70.470.790.210.530.10.290.240.630.050.85
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Zota Health Account Relationship Matchups

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When running Zota Health's price analysis, check to measure Zota Health'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 Zota Health is operating at the current time. Most of Zota Health's value examination focuses on studying past and present price action to predict the probability of Zota Health's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Zota Health's price. Additionally, you may evaluate how the addition of Zota Health to your portfolios can decrease your overall portfolio volatility.