ZUM Stock | | | CAD 0.07 0.01 6.25% |
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 Selling And Marketing Expenses and its Depreciation And Amortization 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.
Selling And Marketing Expenses vs Depreciation And Amortization
Selling And Marketing Expenses vs Depreciation And Amortization Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
ZoomerMedia Limited Selling And Marketing Expenses account and
Depreciation And Amortization. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between ZoomerMedia's Selling And Marketing Expenses and Depreciation And Amortization is -0.38. Overlapping area represents the amount of variation of Selling And Marketing Expenses that can explain the historical movement of Depreciation And Amortization 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 Selling And Marketing Expenses and Depreciation And Amortization is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Selling And Marketing Expenses of ZoomerMedia Limited are associated (or correlated) with its Depreciation And Amortization. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Depreciation And Amortization has no effect on the direction of Selling And Marketing Expenses i.e., ZoomerMedia's Selling And Marketing Expenses and Depreciation And Amortization go up and down completely randomly.
Correlation Coefficient | -0.38 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Selling And Marketing Expenses
Depreciation And Amortization
The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.
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
Click cells to compare fundamentals
ZoomerMedia Account Relationship Matchups
High Positive Relationship
High Negative Relationship
ZoomerMedia fundamental ratios Accounts
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