ZoomerMedia Non Current Assets Total vs Total Assets Analysis

ZUM Stock  CAD 0.08  0.00  0.00%   
ZoomerMedia financial indicator trend analysis is more than just analyzing ZoomerMedia Limited current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether ZoomerMedia Limited is a good investment. Please check the relationship between ZoomerMedia Non Current Assets Total and its Total Assets accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in ZoomerMedia Limited. 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.

Non Current Assets Total vs Total Assets

Non Current Assets Total vs Total Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of ZoomerMedia Limited Non Current Assets Total account and Total Assets. At this time, the significance of the direction appears to have almost identical trend.
The correlation between ZoomerMedia's Non Current Assets Total and Total Assets is 0.95. Overlapping area represents the amount of variation of Non Current Assets Total that can explain the historical movement of Total Assets in the same time period over historical financial statements of ZoomerMedia Limited, assuming nothing else is changed. The correlation between historical values of ZoomerMedia's Non Current Assets Total 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 Non Current Assets Total of ZoomerMedia Limited 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 Non Current Assets Total i.e., ZoomerMedia's Non Current Assets Total and Total Assets go up and down completely randomly.

Correlation Coefficient

0.95
Relationship DirectionPositive 
Relationship StrengthVery Strong

Non Current Assets Total

The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.

Total Assets

Total assets refers to the total amount of ZoomerMedia 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 ZoomerMedia Limited 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 ZoomerMedia's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into ZoomerMedia Limited 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 ZoomerMedia Limited. 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, ZoomerMedia's Discontinued Operations is fairly stable compared to the past year. Enterprise Value Over EBITDA is likely to climb to 4.63 in 2024, whereas Tax Provision is likely to drop slightly above 338 K in 2024.
 2021 2022 2023 2024 (projected)
Total Revenue54.2M63.4M72.9M76.5M
Depreciation And Amortization9.6M10.5M12.0M12.7M

ZoomerMedia fundamental ratios Correlations

0.840.530.450.850.860.79-0.130.570.20.950.090.240.530.540.280.170.930.430.110.450.890.70.510.050.38
0.840.440.420.60.770.8-0.150.470.070.850.20.060.430.370.370.250.870.220.170.370.840.640.480.030.32
0.530.440.720.240.550.56-0.680.75-0.110.60.67-0.150.660.570.610.640.630.080.340.10.470.010.86-0.25-0.07
0.450.420.720.190.590.53-0.690.74-0.170.510.78-0.180.60.570.650.230.540.10.830.190.25-0.110.72-0.26-0.28
0.850.60.240.190.570.39-0.060.390.40.69-0.280.490.510.64-0.07-0.110.60.63-0.130.690.590.650.240.120.61
0.860.770.550.590.570.81-0.070.60.250.830.310.240.320.370.340.140.920.360.340.310.840.460.42-0.150.23
0.790.80.560.530.390.81-0.10.4-0.280.920.43-0.270.330.180.440.270.94-0.10.4-0.040.880.650.61-0.04-0.01
-0.13-0.15-0.68-0.69-0.06-0.07-0.1-0.590.27-0.19-0.720.33-0.71-0.62-0.51-0.32-0.120.05-0.47-0.160.120.37-0.750.420.14
0.570.470.750.740.390.60.4-0.590.280.480.540.250.70.690.750.450.580.520.30.390.41-0.140.7-0.13-0.04
0.20.07-0.11-0.170.40.25-0.280.270.28-0.11-0.50.97-0.010.25-0.11-0.030.040.89-0.440.630.12-0.09-0.370.220.48
0.950.850.60.510.690.830.92-0.190.48-0.110.28-0.070.520.430.320.220.950.130.250.230.90.730.64-0.050.23
0.090.20.670.78-0.280.310.43-0.720.54-0.50.28-0.580.380.210.650.360.32-0.370.73-0.260.08-0.340.74-0.53-0.48
0.240.06-0.15-0.180.490.24-0.270.330.250.97-0.07-0.580.00.3-0.21-0.140.040.92-0.450.670.130.02-0.390.220.54
0.530.430.660.60.510.320.33-0.710.7-0.010.520.380.00.910.450.310.430.360.20.510.290.080.81-0.110.15
0.540.370.570.570.640.370.18-0.620.690.250.430.210.30.910.240.10.360.60.140.720.210.060.6-0.180.38
0.280.370.610.65-0.070.340.44-0.510.75-0.110.320.65-0.210.450.240.640.460.050.44-0.080.3-0.210.670.14-0.48
0.170.250.640.23-0.110.140.27-0.320.45-0.030.220.36-0.140.310.10.640.33-0.05-0.07-0.080.31-0.120.560.18-0.33
0.930.870.630.540.60.920.94-0.120.580.040.950.320.040.430.360.460.330.220.250.220.950.630.590.010.17
0.430.220.080.10.630.36-0.10.050.520.890.13-0.370.920.360.60.05-0.050.22-0.280.790.220.04-0.070.220.51
0.110.170.340.83-0.130.340.4-0.470.3-0.440.250.73-0.450.20.140.44-0.070.25-0.28-0.15-0.02-0.150.42-0.24-0.52
0.450.370.10.190.690.31-0.04-0.160.390.630.23-0.260.670.510.72-0.08-0.080.220.79-0.150.190.160.080.050.61
0.890.840.470.250.590.840.880.120.410.120.90.080.130.290.210.30.310.950.22-0.020.190.740.420.10.3
0.70.640.01-0.110.650.460.650.37-0.14-0.090.73-0.340.020.080.06-0.21-0.120.630.04-0.150.160.740.070.260.45
0.510.480.860.720.240.420.61-0.750.7-0.370.640.74-0.390.810.60.670.560.59-0.070.420.080.420.07-0.25-0.2
0.050.03-0.25-0.260.12-0.15-0.040.42-0.130.22-0.05-0.530.22-0.11-0.180.140.180.010.22-0.240.050.10.26-0.25-0.18
0.380.32-0.07-0.280.610.23-0.010.14-0.040.480.23-0.480.540.150.38-0.48-0.330.170.51-0.520.610.30.45-0.2-0.18
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ZoomerMedia Account Relationship Matchups

ZoomerMedia fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets85.2M88.6M92.5M103.8M119.4M125.3M
Other Current Liab3.5M4.0M2.1M4.4M4.0M3.2M
Total Current Liabilities13.0M14.9M11.5M12.6M14.5M10.0M
Total Stockholder Equity50.2M52.9M54.6M54.2M62.4M65.5M
Property Plant And Equipment Net26.4M25.1M23.7M22.7M26.1M27.4M
Net Debt6.2M6.4M16.1M31.8M36.5M38.3M
Retained Earnings(16.7M)(14.8M)(13.5M)(15.8M)(14.2M)(14.9M)
Accounts Payable4.9M6.8M4.8M4.0M4.6M3.5M
Cash17.7M16.7M11.1M4.4M5.1M4.0M
Non Current Assets Total46.4M44.8M59.2M79.9M91.9M96.4M
Non Currrent Assets Other738.5K406.7K437.3K580.0K522.0K495.9K
Cash And Short Term Investments28.1M33.3M20.9M10.9M12.5M6.8M
Net Receivables10.0M7.9M11.1M11.8M13.5M7.1M
Common Stock Shares Outstanding657.0M658.3M661.4M681.1M783.3M405.4M
Liabilities And Stockholders Equity85.2M88.6M92.5M103.8M119.4M125.3M
Other Current Assets773.1K3.0M2.0M1.3M1.2M1.5M
Other Stockholder Equity3.8M4.1M4.4M4.6M4.2M3.9M
Total Liab37.2M37.7M39.7M51.5M59.3M62.2M
Total Current Assets38.7M43.8M33.2M23.9M27.5M14.8M
Short Term Debt863.4K982.4K1.0M1.3M1.2M2.1M
Current Deferred Revenue3.7M3.1M3.5M2.9M3.3M2.0M
Non Current Liabilities Total24.1M22.8M28.2M38.9M44.8M47.0M
Intangible Assets14.3M13.1M19.8M26.9M24.2M19.8M
Inventory(159.5K)(329.2K)(619.8K)(37.4K)(43.0K)(45.2K)
Other Liab1.6M1.1M772.2K2.1M1.9M1.2M
Net Tangible Assets23.1M33.2M37.0M21.8M25.1M22.4M
Other Assets3.7M3.0M3.8M2.8M2.5M3.8M
Property Plant Equipment3.8M26.4M25.1M23.7M27.2M16.5M
Short Term Investments10.4M16.6M9.8M6.5M7.4M8.7M
Net Invested Capital50.2M52.9M59.6M68.4M78.7M55.8M
Net Working Capital25.7M28.9M21.8M11.3M13.0M20.0M

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