Zoetis Cost Of Revenue vs Revenue Per Share Analysis

ZTS Stock  USD 176.96  0.25  0.14%   
Zoetis financial indicator trend analysis is more than just analyzing Zoetis Inc current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Zoetis Inc is a good investment. Please check the relationship between Zoetis Cost Of Revenue and its Revenue Per Share accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Zoetis Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.

Cost Of Revenue vs Revenue Per Share

Cost Of Revenue vs Revenue Per Share Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Zoetis Inc Cost Of Revenue account and Revenue Per Share. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Zoetis' Cost Of Revenue and Revenue Per Share is 0.9. Overlapping area represents the amount of variation of Cost Of Revenue that can explain the historical movement of Revenue Per Share in the same time period over historical financial statements of Zoetis Inc, assuming nothing else is changed. The correlation between historical values of Zoetis' Cost Of Revenue and Revenue Per Share is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cost Of Revenue of Zoetis Inc are associated (or correlated) with its Revenue Per Share. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Revenue Per Share has no effect on the direction of Cost Of Revenue i.e., Zoetis' Cost Of Revenue and Revenue Per Share go up and down completely randomly.

Correlation Coefficient

0.9
Relationship DirectionPositive 
Relationship StrengthVery Strong

Cost Of Revenue

Cost of Revenue is found on Zoetis Inc income statement and represents the costs associated with goods and services Zoetis provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.

Revenue Per Share

The amount of revenue generated by a company per share of stock, calculated by dividing total revenue by the average number of shares outstanding.
Most indicators from Zoetis' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Zoetis Inc 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 Zoetis Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
Sales General And Administrative To Revenue is likely to gain to 0.30 in 2024, whereas Selling General Administrative is likely to drop slightly above 1.3 B in 2024.
 2021 2022 2023 2024 (projected)
Interest Expense224M221M239M159.1M
Depreciation And Amortization448M465M491M515.6M

Zoetis fundamental ratios Correlations

-0.39-0.25-0.33-0.29-0.41-0.22-0.430.32-0.18-0.2-0.29-0.41-0.41-0.31-0.23-0.29-0.4-0.37-0.25-0.37-0.430.63-0.27-0.78-0.35
-0.390.90.680.820.560.760.94-0.070.730.60.940.980.490.580.870.940.780.970.880.850.96-0.860.920.750.98
-0.250.90.490.780.150.820.770.080.930.570.880.870.220.260.990.890.750.90.990.720.8-0.861.00.570.89
-0.330.680.490.450.620.380.7-0.630.310.510.620.650.610.630.50.620.550.610.50.710.73-0.560.510.630.69
-0.290.820.780.450.40.440.780.110.610.620.830.750.280.520.680.830.70.740.680.770.72-0.720.790.640.87
-0.410.560.150.620.40.160.69-0.33-0.110.230.460.580.730.810.10.450.320.510.130.560.65-0.310.190.620.52
-0.220.760.820.380.440.160.550.10.760.240.720.80.120.190.840.730.430.850.860.430.65-0.620.820.340.67
-0.430.940.770.70.780.690.55-0.170.60.580.810.920.70.670.730.810.830.870.740.930.97-0.840.790.830.91
0.32-0.070.08-0.630.11-0.330.1-0.170.090.010.05-0.09-0.47-0.090.040.05-0.21-0.040.05-0.29-0.140.170.07-0.4-0.06
-0.180.730.930.310.61-0.110.760.60.090.430.640.730.170.030.940.650.710.760.930.610.63-0.810.910.430.68
-0.20.60.570.510.620.230.240.580.010.430.620.50.160.40.560.620.750.490.560.570.62-0.570.60.490.67
-0.290.940.880.620.830.460.720.810.050.640.620.860.230.50.841.00.650.880.850.710.85-0.750.890.610.97
-0.410.980.870.650.750.580.80.92-0.090.730.50.860.550.560.850.870.740.990.860.80.95-0.830.890.720.91
-0.410.490.220.610.280.730.120.7-0.470.170.160.230.550.680.210.230.510.450.220.680.61-0.480.240.650.4
-0.310.580.260.630.520.810.190.67-0.090.030.40.50.560.680.20.50.350.490.220.610.64-0.350.30.510.56
-0.230.870.990.50.680.10.840.730.040.940.560.840.850.210.20.850.750.881.00.690.79-0.860.990.540.86
-0.290.940.890.620.830.450.730.810.050.650.621.00.870.230.50.850.650.890.860.710.85-0.750.90.610.97
-0.40.780.750.550.70.320.430.83-0.210.710.750.650.740.510.350.750.650.70.740.840.8-0.870.770.780.79
-0.370.970.90.610.740.510.850.87-0.040.760.490.880.990.450.490.880.890.70.90.750.92-0.810.910.660.9
-0.250.880.990.50.680.130.860.740.050.930.560.850.860.220.221.00.860.740.90.690.8-0.850.990.540.86
-0.370.850.720.710.770.560.430.93-0.290.610.570.710.80.680.610.690.710.840.750.690.87-0.840.740.840.86
-0.430.960.80.730.720.650.650.97-0.140.630.620.850.950.610.640.790.850.80.920.80.87-0.840.830.80.92
0.63-0.86-0.86-0.56-0.72-0.31-0.62-0.840.17-0.81-0.57-0.75-0.83-0.48-0.35-0.86-0.75-0.87-0.81-0.85-0.84-0.84-0.87-0.87-0.84
-0.270.921.00.510.790.190.820.790.070.910.60.890.890.240.30.990.90.770.910.990.740.83-0.870.590.91
-0.780.750.570.630.640.620.340.83-0.40.430.490.610.720.650.510.540.610.780.660.540.840.8-0.870.590.74
-0.350.980.890.690.870.520.670.91-0.060.680.670.970.910.40.560.860.970.790.90.860.860.92-0.840.910.74
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Zoetis Account Relationship Matchups

Zoetis fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets11.5B13.6B13.9B14.9B14.3B10.5B
Short Long Term Debt Total6.6B7.4B6.7B8.1B6.8B5.1B
Other Current Liab55M1.1B1.3B1.3B1.4B770.2M
Total Current Liabilities1.8B2.2B1.8B3.2B1.9B1.7B
Total Stockholder Equity2.7B3.8B4.5B4.4B5.0B3.2B
Other Liab917M891M811M585M672.8M614.3M
Property Plant And Equipment Net2.1B2.4B2.6B3.0B3.4B2.0B
Current Deferred Revenue950M1.0B6M5M4.5M4.3M
Net Debt4.7B3.8B3.3B4.5B4.7B3.4B
Accounts Payable301M457M436M405M411M367.5M
Cash1.9B3.6B3.5B3.6B2.0B1.7B
Non Current Assets Total6.8B7.0B7.0B7.4B7.9B5.6B
Other Assets160M392M211M320M368M222.8M
Long Term Debt5.9B6.6B6.6B6.6B6.6B4.8B
Cash And Short Term Investments1.9B3.6B3.5B3.6B2.0B1.7B
Net Receivables1.1B1.0B1.1B1.2B1.3B1.1B
Good Will2.6B2.7B2.7B2.7B2.8B2.0B
Liabilities And Stockholders Equity11.5B13.6B13.9B14.9B14.3B10.5B
Non Current Liabilities Total7.0B7.7B7.6B7.4B7.4B5.6B
Inventory1.4B1.6B1.9B2.3B2.6B1.7B
Other Current Assets318M366M389M365M434M301.3M
Other Stockholder Equity(998M)(1.2B)(1.9B)(3.5B)(4.5B)(4.2B)
Total Liab8.8B9.8B9.4B10.5B9.3B7.3B
Property Plant And Equipment Gross2.1B2.2B4.7B5.3B6.0B6.3B
Total Current Assets4.7B6.6B6.9B7.5B6.3B4.9B
Accumulated Other Comprehensive Income(726M)(730M)(764M)(817M)(839M)(797.1M)
Short Term Debt500M604M41M1.4B3M2.9M
Intangible Assets1.9B1.7B1.5B1.4B1.3B1.4B
Property Plant Equipment1.9B2.2B2.4B2.8B3.2B1.8B
Retained Earnings4.4B5.7B7.2B8.7B10.3B10.8B
Retained Earnings Total Equity4.4B5.7B7.2B8.7B10.0B10.5B
Deferred Long Term Liab434M378M320M142M163.3M290.0M
Treasury Stock(2.0B)(2.2B)(3.0B)(4.5B)(4.1B)(3.9B)
Net Tangible Assets(1.8B)(635M)387M279M320.9M336.9M

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Additional Tools for Zoetis Stock Analysis

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