ZoomerMedia Tax Provision vs Other Operating Expenses Analysis

ZUM Stock

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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 Tax Provision and its Other Operating Expenses 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.

Tax Provision vs Other Operating Expenses

Tax Provision vs Other Operating Expenses Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of ZoomerMedia Limited Tax Provision account and Other Operating Expenses. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between ZoomerMedia's Tax Provision and Other Operating Expenses is -0.47. Overlapping area represents the amount of variation of Tax Provision that can explain the historical movement of Other Operating Expenses 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 Tax Provision and Other Operating Expenses is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Tax Provision of ZoomerMedia Limited are associated (or correlated) with its Other Operating Expenses. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Operating Expenses has no effect on the direction of Tax Provision i.e., ZoomerMedia's Tax Provision and Other Operating Expenses go up and down completely randomly.

Correlation Coefficient

-0.47

Relationship Direction	Negative
Relationship Strength	Very Weak

View All Relationships

Tax Provision

The amount set aside by a company to cover any estimated taxes for the current period. It reflects the company's expected tax liabilities.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of ZoomerMedia Limited. It is also known as ZoomerMedia overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.

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

Total Revenue Depreciation And Amortization

ZoomerMedia fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Short Term Debt	Current Deferred Revenue	Non Current Liabilities Total	Good Will	Intangible Assets	Inventory	Common Stock
Total Assets		0.84	0.53	0.45	0.85	0.86	0.79	-0.13	0.57	0.2	0.95	0.09	0.24	0.53	0.54	0.28	0.17	0.93	0.43	0.11	0.45	0.89	0.7	0.51	0.05	0.38
Short Long Term Debt Total	0.84		0.44	0.42	0.6	0.77	0.8	-0.15	0.47	0.07	0.85	0.2	0.06	0.43	0.37	0.37	0.25	0.87	0.22	0.17	0.37	0.84	0.64	0.48	0.03	0.32
Other Current Liab	0.53	0.44		0.72	0.24	0.55	0.56	-0.68	0.75	-0.11	0.6	0.67	-0.15	0.66	0.57	0.61	0.64	0.63	0.08	0.34	0.1	0.47	0.01	0.86	-0.25	-0.07
Total Current Liabilities	0.45	0.42	0.72		0.19	0.59	0.53	-0.69	0.74	-0.17	0.51	0.78	-0.18	0.6	0.57	0.65	0.23	0.54	0.1	0.83	0.19	0.25	-0.11	0.72	-0.26	-0.28
Total Stockholder Equity	0.85	0.6	0.24	0.19		0.57	0.39	-0.06	0.39	0.4	0.69	-0.28	0.49	0.51	0.64	-0.07	-0.11	0.6	0.63	-0.13	0.69	0.59	0.65	0.24	0.12	0.61
Property Plant And Equipment Net	0.86	0.77	0.55	0.59	0.57		0.81	-0.07	0.6	0.25	0.83	0.31	0.24	0.32	0.37	0.34	0.14	0.92	0.36	0.34	0.31	0.84	0.46	0.42	-0.15	0.23
Net Debt	0.79	0.8	0.56	0.53	0.39	0.81		-0.1	0.4	-0.28	0.92	0.43	-0.27	0.33	0.18	0.44	0.27	0.94	-0.1	0.4	-0.04	0.88	0.65	0.61	-0.04	-0.01
Retained Earnings	-0.13	-0.15	-0.68	-0.69	-0.06	-0.07	-0.1		-0.59	0.27	-0.19	-0.72	0.33	-0.71	-0.62	-0.51	-0.32	-0.12	0.05	-0.47	-0.16	0.12	0.37	-0.75	0.42	0.14
Accounts Payable	0.57	0.47	0.75	0.74	0.39	0.6	0.4	-0.59		0.28	0.48	0.54	0.25	0.7	0.69	0.75	0.45	0.58	0.52	0.3	0.39	0.41	-0.14	0.7	-0.13	-0.04
Cash	0.2	0.07	-0.11	-0.17	0.4	0.25	-0.28	0.27	0.28		-0.11	-0.5	0.97	-0.01	0.25	-0.11	-0.03	0.04	0.89	-0.44	0.63	0.12	-0.09	-0.37	0.22	0.48
Non Current Assets Total	0.95	0.85	0.6	0.51	0.69	0.83	0.92	-0.19	0.48	-0.11		0.28	-0.07	0.52	0.43	0.32	0.22	0.95	0.13	0.25	0.23	0.9	0.73	0.64	-0.05	0.23
Non Currrent Assets Other	0.09	0.2	0.67	0.78	-0.28	0.31	0.43	-0.72	0.54	-0.5	0.28		-0.58	0.38	0.21	0.65	0.36	0.32	-0.37	0.73	-0.26	0.08	-0.34	0.74	-0.53	-0.48
Cash And Short Term Investments	0.24	0.06	-0.15	-0.18	0.49	0.24	-0.27	0.33	0.25	0.97	-0.07	-0.58		0.0	0.3	-0.21	-0.14	0.04	0.92	-0.45	0.67	0.13	0.02	-0.39	0.22	0.54
Net Receivables	0.53	0.43	0.66	0.6	0.51	0.32	0.33	-0.71	0.7	-0.01	0.52	0.38	0.0		0.91	0.45	0.31	0.43	0.36	0.2	0.51	0.29	0.08	0.81	-0.11	0.15
Common Stock Shares Outstanding	0.54	0.37	0.57	0.57	0.64	0.37	0.18	-0.62	0.69	0.25	0.43	0.21	0.3	0.91		0.24	0.1	0.36	0.6	0.14	0.72	0.21	0.06	0.6	-0.18	0.38
Other Current Assets	0.28	0.37	0.61	0.65	-0.07	0.34	0.44	-0.51	0.75	-0.11	0.32	0.65	-0.21	0.45	0.24		0.64	0.46	0.05	0.44	-0.08	0.3	-0.21	0.67	0.14	-0.48
Other Stockholder Equity	0.17	0.25	0.64	0.23	-0.11	0.14	0.27	-0.32	0.45	-0.03	0.22	0.36	-0.14	0.31	0.1	0.64		0.33	-0.05	-0.07	-0.08	0.31	-0.12	0.56	0.18	-0.33
Total Liab	0.93	0.87	0.63	0.54	0.6	0.92	0.94	-0.12	0.58	0.04	0.95	0.32	0.04	0.43	0.36	0.46	0.33		0.22	0.25	0.22	0.95	0.63	0.59	0.01	0.17
Total Current Assets	0.43	0.22	0.08	0.1	0.63	0.36	-0.1	0.05	0.52	0.89	0.13	-0.37	0.92	0.36	0.6	0.05	-0.05	0.22		-0.28	0.79	0.22	0.04	-0.07	0.22	0.51
Short Term Debt	0.11	0.17	0.34	0.83	-0.13	0.34	0.4	-0.47	0.3	-0.44	0.25	0.73	-0.45	0.2	0.14	0.44	-0.07	0.25	-0.28		-0.15	-0.02	-0.15	0.42	-0.24	-0.52
Current Deferred Revenue	0.45	0.37	0.1	0.19	0.69	0.31	-0.04	-0.16	0.39	0.63	0.23	-0.26	0.67	0.51	0.72	-0.08	-0.08	0.22	0.79	-0.15		0.19	0.16	0.08	0.05	0.61
Non Current Liabilities Total	0.89	0.84	0.47	0.25	0.59	0.84	0.88	0.12	0.41	0.12	0.9	0.08	0.13	0.29	0.21	0.3	0.31	0.95	0.22	-0.02	0.19		0.74	0.42	0.1	0.3
Good Will	0.7	0.64	0.01	-0.11	0.65	0.46	0.65	0.37	-0.14	-0.09	0.73	-0.34	0.02	0.08	0.06	-0.21	-0.12	0.63	0.04	-0.15	0.16	0.74		0.07	0.26	0.45
Intangible Assets	0.51	0.48	0.86	0.72	0.24	0.42	0.61	-0.75	0.7	-0.37	0.64	0.74	-0.39	0.81	0.6	0.67	0.56	0.59	-0.07	0.42	0.08	0.42	0.07		-0.25	-0.2
Inventory	0.05	0.03	-0.25	-0.26	0.12	-0.15	-0.04	0.42	-0.13	0.22	-0.05	-0.53	0.22	-0.11	-0.18	0.14	0.18	0.01	0.22	-0.24	0.05	0.1	0.26	-0.25		-0.18
Common Stock	0.38	0.32	-0.07	-0.28	0.61	0.23	-0.01	0.14	-0.04	0.48	0.23	-0.48	0.54	0.15	0.38	-0.48	-0.33	0.17	0.51	-0.52	0.61	0.3	0.45	-0.2	-0.18

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ZoomerMedia Account Relationship Matchups

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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