ZoomerMedia Property Plant Equipment vs Net Receivables 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 Property Plant Equipment and its Net Receivables 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.
Property Plant Equipment vs Net Receivables
Property Plant Equipment vs Net Receivables Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of ZoomerMedia Limited Property Plant Equipment account and Net Receivables. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between ZoomerMedia's Property Plant Equipment and Net Receivables is -0.06. Overlapping area represents the amount of variation of Property Plant Equipment that can explain the historical movement of Net Receivables 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 Property Plant Equipment and Net Receivables is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant Equipment of ZoomerMedia Limited are associated (or correlated) with its Net Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Receivables has no effect on the direction of Property Plant Equipment i.e., ZoomerMedia's Property Plant Equipment and Net Receivables go up and down completely randomly.
Correlation Coefficient | -0.06 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Property Plant Equipment
Net Receivables
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 Revenue | 54.2M | 63.4M | 72.9M | 76.5M | Depreciation And Amortization | 9.6M | 10.5M | 12.0M | 12.7M |
ZoomerMedia fundamental ratios Correlations
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ZoomerMedia Account Relationship Matchups
High Positive Relationship
High Negative Relationship
ZoomerMedia fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 85.2M | 88.6M | 92.5M | 103.8M | 119.4M | 125.3M | |
Other Current Liab | 3.5M | 4.0M | 2.1M | 4.4M | 4.0M | 3.2M | |
Total Current Liabilities | 13.0M | 14.9M | 11.5M | 12.6M | 14.5M | 10.0M | |
Total Stockholder Equity | 50.2M | 52.9M | 54.6M | 54.2M | 62.4M | 65.5M | |
Property Plant And Equipment Net | 26.4M | 25.1M | 23.7M | 22.7M | 26.1M | 27.4M | |
Net Debt | 6.2M | 6.4M | 16.1M | 31.8M | 36.5M | 38.3M | |
Retained Earnings | (16.7M) | (14.8M) | (13.5M) | (15.8M) | (14.2M) | (14.9M) | |
Accounts Payable | 4.9M | 6.8M | 4.8M | 4.0M | 4.6M | 3.5M | |
Cash | 17.7M | 16.7M | 11.1M | 4.4M | 5.1M | 4.0M | |
Non Current Assets Total | 46.4M | 44.8M | 59.2M | 79.9M | 91.9M | 96.4M | |
Non Currrent Assets Other | 738.5K | 406.7K | 437.3K | 580.0K | 522.0K | 495.9K | |
Cash And Short Term Investments | 28.1M | 33.3M | 20.9M | 10.9M | 12.5M | 6.8M | |
Net Receivables | 10.0M | 7.9M | 11.1M | 11.8M | 13.5M | 7.1M | |
Common Stock Shares Outstanding | 657.0M | 658.3M | 661.4M | 681.1M | 783.3M | 405.4M | |
Liabilities And Stockholders Equity | 85.2M | 88.6M | 92.5M | 103.8M | 119.4M | 125.3M | |
Other Current Assets | 773.1K | 3.0M | 2.0M | 1.3M | 1.2M | 1.5M | |
Other Stockholder Equity | 3.8M | 4.1M | 4.4M | 4.6M | 4.2M | 3.9M | |
Total Liab | 37.2M | 37.7M | 39.7M | 51.5M | 59.3M | 62.2M | |
Total Current Assets | 38.7M | 43.8M | 33.2M | 23.9M | 27.5M | 14.8M | |
Short Term Debt | 863.4K | 982.4K | 1.0M | 1.3M | 1.2M | 2.1M | |
Current Deferred Revenue | 3.7M | 3.1M | 3.5M | 2.9M | 3.3M | 2.0M | |
Non Current Liabilities Total | 24.1M | 22.8M | 28.2M | 38.9M | 44.8M | 47.0M | |
Intangible Assets | 14.3M | 13.1M | 19.8M | 26.9M | 24.2M | 19.8M | |
Inventory | (159.5K) | (329.2K) | (619.8K) | (37.4K) | (43.0K) | (45.2K) | |
Other Liab | 1.6M | 1.1M | 772.2K | 2.1M | 1.9M | 1.2M | |
Net Tangible Assets | 23.1M | 33.2M | 37.0M | 21.8M | 25.1M | 22.4M | |
Other Assets | 3.7M | 3.0M | 3.8M | 2.8M | 2.5M | 3.8M | |
Property Plant Equipment | 3.8M | 26.4M | 25.1M | 23.7M | 27.2M | 16.5M | |
Short Term Investments | 10.4M | 16.6M | 9.8M | 6.5M | 7.4M | 8.7M | |
Net Invested Capital | 50.2M | 52.9M | 59.6M | 68.4M | 78.7M | 55.8M | |
Net Working Capital | 25.7M | 28.9M | 21.8M | 11.3M | 13.0M | 20.0M |
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