Zuora Deferred Long Term Liab vs Total Assets Analysis
ZUO Stock | USD 9.94 0.02 0.20% |
Zuora financial indicator trend analysis is more than just analyzing Zuora Inc current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Zuora Inc is a good investment. Please check the relationship between Zuora Deferred Long Term Liab and its Total Assets accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Zuora 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 employment.
Deferred Long Term Liab vs Total Assets
Deferred Long Term Liab vs Total Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Zuora Inc Deferred Long Term Liab account and Total Assets. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Zuora's Deferred Long Term Liab and Total Assets is -0.63. Overlapping area represents the amount of variation of Deferred Long Term Liab that can explain the historical movement of Total Assets in the same time period over historical financial statements of Zuora Inc, assuming nothing else is changed. The correlation between historical values of Zuora's Deferred Long Term Liab 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 Deferred Long Term Liab of Zuora Inc 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 Deferred Long Term Liab i.e., Zuora's Deferred Long Term Liab and Total Assets go up and down completely randomly.
Correlation Coefficient | -0.63 |
Relationship Direction | Negative |
Relationship Strength | Weak |
Deferred Long Term Liab
Liabilities that are due after more than one year, including deferred tax liabilities and deferred revenue.Total Assets
Total assets refers to the total amount of Zuora 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 Zuora Inc 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 Zuora's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Zuora 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 Zuora 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 employment. As of the 28th of November 2024, Tax Provision is likely to grow to about 2.3 M, while Selling General Administrative is likely to drop about 51 M.
2021 | 2022 | 2023 | 2024 (projected) | Depreciation And Amortization | 26.5M | 26.1M | 18.2M | 16.9M | Interest Income | 1.8M | 9.1M | 22.1M | 23.2M |
Zuora fundamental ratios Correlations
Click cells to compare fundamentals
Zuora Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Zuora fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 402.2M | 421.5M | 441.3M | 668.6M | 823.8M | 424.9M | |
Other Current Liab | 41.9M | 30.0M | 32.8M | 120.8M | 59.0M | 50.8M | |
Total Current Liabilities | 165.6M | 188.0M | 219.3M | 235.6M | 279.4M | 177.4M | |
Total Stockholder Equity | 164.7M | 171.9M | 170.6M | 173.2M | 133.7M | 138.9M | |
Other Liab | 3.5M | 6.3M | 5.7M | 11.5M | 13.2M | 13.9M | |
Net Tangible Assets | 141.4M | 150.4M | 149.5M | 30.0M | 34.5M | 32.7M | |
Retained Earnings | (390.8M) | (464.0M) | (563.4M) | (685.4M) | (829.6M) | (788.1M) | |
Accounts Payable | 2.1M | 2.2M | 6.8M | 1.1M | 3.2M | 3.0M | |
Cash | 54.3M | 94.1M | 113.5M | 203.2M | 256.1M | 268.9M | |
Other Assets | 24.4M | 25.8M | 31.5M | 32.9M | 37.9M | 21.2M | |
Net Receivables | 68.9M | 80.2M | 84.8M | 98.9M | 126.0M | 75.1M | |
Good Will | 20.6M | 20.9M | 17.6M | 54.0M | 56.7M | 59.5M | |
Common Stock Shares Outstanding | 111.1M | 117.6M | 124.2M | 131.4M | 140.1M | 110.8M | |
Short Term Investments | 117.7M | 92.5M | 101.9M | 183.0M | 258.1M | 271.0M | |
Other Current Assets | 16.4M | 26.4M | 28.1M | 33.4M | 37.1M | 18.8M | |
Other Stockholder Equity | 555.3M | 635.1M | 734.1M | 859.5M | 964.1M | 585.3M | |
Total Liab | 237.6M | 249.6M | 270.6M | 495.4M | 690.1M | 724.7M | |
Short Long Term Debt | 3.0M | 4.4M | 4.4M | 1.7M | 1.5M | 2.6M | |
Total Current Assets | 266.8M | 293.7M | 328.3M | 518.6M | 677.9M | 711.8M | |
Short Term Debt | 10.2M | 23.7M | 24.6M | 18.5M | 13.5M | 12.6M | |
Intangible Assets | 5.6M | 3.9M | 3.5M | 13.2M | 10.1M | 7.2M | |
Property Plant Equipment | 87.8M | 80.5M | 60.3M | 49.9M | 57.4M | 44.7M | |
Short Long Term Debt Total | 78.6M | 69.3M | 58.8M | 257.6M | 403.4M | 423.6M | |
Property Plant And Equipment Net | 87.8M | 80.5M | 60.3M | 49.9M | 48.4M | 50.3M | |
Current Deferred Revenue | 111.4M | 127.7M | 152.7M | 167.1M | 199.6M | 131.7M | |
Net Debt | 24.3M | (24.8M) | (54.8M) | 54.3M | 147.3M | 154.7M | |
Non Current Assets Total | 135.4M | 127.8M | 112.9M | 150.0M | 145.9M | 108.9M | |
Non Currrent Assets Other | 24.4M | 25.8M | 31.5M | 32.9M | 30.8M | 22.3M | |
Long Term Debt | 6.1M | 1.7M | 0.0 | 210.4M | 359.5M | 377.5M | |
Cash And Short Term Investments | 171.9M | 186.6M | 215.4M | 386.2M | 514.9M | 540.6M | |
Long Term Debt Total | 6.1M | 1.7M | 0.0 | 210.4M | 242.0M | 254.1M | |
Liabilities And Stockholders Equity | 402.2M | 421.5M | 441.3M | 668.6M | 823.8M | 458.2M | |
Non Current Liabilities Total | 71.9M | 61.6M | 51.3M | 259.8M | 410.7M | 431.3M | |
Capital Surpluse | 555.3M | 635.1M | 734.1M | 859.5M | 988.4M | 601.2M | |
Capital Lease Obligations | 68.1M | 63.2M | 57.1M | 47.2M | 43.9M | 39.0M | |
Inventory | 9.6M | 12.7M | 28.5M | 16.3M | 1.0 | 0.95 | |
Property Plant And Equipment Gross | 87.8M | 80.5M | 60.3M | 49.9M | 89.1M | 55.9M | |
Accumulated Other Comprehensive Income | 188K | 796K | (108K) | (919K) | (859.0K) | (816.0K) |
Pair Trading with Zuora
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Zuora position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Zuora will appreciate offsetting losses from the drop in the long position's value.Moving together with Zuora Stock
Moving against Zuora Stock
0.61 | VRAR | Glimpse Group | PairCorr |
0.52 | VRNT | Verint Systems Earnings Call This Week | PairCorr |
0.33 | MQ | Marqeta | PairCorr |
The ability to find closely correlated positions to Zuora could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Zuora when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Zuora - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Zuora Inc to buy it.
The correlation of Zuora is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Zuora moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Zuora Inc moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Zuora can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Zuora 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 employment. You can also try the Economic Indicators module to top statistical indicators that provide insights into how an economy is performing.
Is Systems Software space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Zuora. If investors know Zuora will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Zuora listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.33) | Revenue Per Share 3.064 | Quarterly Revenue Growth 0.068 | Return On Assets (0.02) | Return On Equity (0.31) |
The market value of Zuora Inc is measured differently than its book value, which is the value of Zuora that is recorded on the company's balance sheet. Investors also form their own opinion of Zuora's value that differs from its market value or its book value, called intrinsic value, which is Zuora's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Zuora's market value can be influenced by many factors that don't directly affect Zuora's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Zuora's value and its price as these two are different measures arrived at by different means. Investors typically determine if Zuora is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Zuora's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.