Zota Interest Expense vs Total Other Income Expense Net 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 Interest Expense and its Total Other Income Expense Net 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.
Interest Expense vs Total Other Income Expense Net
Interest Expense vs Total Other Income Expense Net Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Zota Health Care Interest Expense account and Total Other Income Expense Net. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Zota Health's Interest Expense and Total Other Income Expense Net is -0.15. Overlapping area represents the amount of variation of Interest Expense that can explain the historical movement of Total Other Income Expense Net 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 Interest Expense and Total Other Income Expense Net is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Interest Expense of Zota Health Care are associated (or correlated) with its Total Other Income Expense Net. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Other Income Expense Net has no effect on the direction of Interest Expense i.e., Zota Health's Interest Expense and Total Other Income Expense Net go up and down completely randomly.
Correlation Coefficient | -0.15 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Interest Expense
The cost incurred by an entity for borrowed funds, including loans, bonds, or lines of credit.Total Other Income Expense Net
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 |
Zota Health fundamental ratios Correlations
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Zota Health Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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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.