Zota Retained Earnings vs Property Plant And Equipment 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 Retained Earnings and its Property Plant And Equipment 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.
Retained Earnings vs Property Plant And Equipment Net
Retained Earnings vs Property Plant And Equipment Net Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Zota Health Care Retained Earnings account and Property Plant And Equipment Net. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Zota Health's Retained Earnings and Property Plant And Equipment Net is -0.57. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Property Plant And Equipment 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 Retained Earnings and Property Plant And Equipment 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 Retained Earnings of Zota Health Care are associated (or correlated) with its Property Plant And Equipment Net. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant And Equipment Net has no effect on the direction of Retained Earnings i.e., Zota Health's Retained Earnings and Property Plant And Equipment Net go up and down completely randomly.
Correlation Coefficient | -0.57 |
Relationship Direction | Negative |
Relationship Strength | Very Weak |
Retained Earnings
The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.Property Plant And Equipment Net
The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.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.