Zynex Current Deferred Revenue vs Revenue Per Share Analysis

ZYXI Stock  USD 7.92  0.07  0.88%   
Zynex financial indicator trend analysis is more than just analyzing Zynex Inc current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Zynex Inc is a good investment. Please check the relationship between Zynex Current Deferred Revenue and its Revenue Per Share accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Zynex 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 interest.

Current Deferred Revenue vs Revenue Per Share

Current Deferred Revenue vs Revenue Per Share Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Zynex Inc Current Deferred Revenue account and Revenue Per Share. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Zynex's Current Deferred Revenue and Revenue Per Share is -0.02. Overlapping area represents the amount of variation of Current Deferred Revenue that can explain the historical movement of Revenue Per Share in the same time period over historical financial statements of Zynex Inc, assuming nothing else is changed. The correlation between historical values of Zynex's Current Deferred Revenue and Revenue Per Share is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Current Deferred Revenue of Zynex Inc are associated (or correlated) with its Revenue Per Share. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Revenue Per Share has no effect on the direction of Current Deferred Revenue i.e., Zynex's Current Deferred Revenue and Revenue Per Share go up and down completely randomly.

Correlation Coefficient

-0.02
Relationship DirectionNegative 
Relationship StrengthInsignificant

Current Deferred Revenue

Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.

Revenue Per Share

The amount of revenue generated by a company per share of stock, calculated by dividing total revenue by the average number of shares outstanding.
Most indicators from Zynex's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Zynex 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 Zynex 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 interest.
As of now, Zynex's Enterprise Value Multiple is increasing as compared to previous years. The Zynex's current Enterprise Value is estimated to increase to about 353.9 M, while Sales General And Administrative To Revenue is projected to decrease to 0.29.
 2022 2023 2024 2025 (projected)
Interest Expense440K1.1M1.3M1.3M
Depreciation And Amortization3.1M4.2M4.9M5.1M

Zynex fundamental ratios Correlations

0.330.390.21-0.880.240.40.35-0.90.240.180.370.460.340.3-0.050.350.280.150.360.180.330.320.450.360.32
0.330.910.81-0.110.810.70.99-0.160.950.910.870.930.990.420.510.930.980.820.960.930.961.00.450.380.54
0.390.910.73-0.10.670.870.92-0.130.750.670.710.850.920.640.140.740.870.560.910.70.890.90.580.510.66
0.210.810.73-0.080.890.310.85-0.130.780.780.670.630.770.360.390.810.720.810.750.780.840.790.05-0.010.36
-0.88-0.11-0.1-0.08-0.17-0.09-0.131.0-0.1-0.07-0.22-0.29-0.11-0.07-0.02-0.24-0.07-0.07-0.16-0.05-0.16-0.1-0.25-0.12-0.06
0.240.810.670.89-0.170.310.85-0.220.830.840.690.710.780.190.490.850.720.840.740.820.850.80.160.110.19
0.40.70.870.31-0.090.310.69-0.090.50.380.520.740.740.64-0.080.460.70.20.740.420.650.690.780.720.66
0.350.990.920.85-0.130.850.69-0.180.930.90.840.910.980.440.450.930.950.820.940.910.960.980.430.360.54
-0.9-0.16-0.13-0.131.0-0.22-0.09-0.18-0.16-0.13-0.27-0.33-0.15-0.07-0.07-0.29-0.11-0.13-0.2-0.11-0.2-0.15-0.25-0.12-0.07
0.240.950.750.78-0.10.830.50.93-0.160.990.890.880.940.220.720.960.960.920.890.990.910.960.310.230.4
0.180.910.670.78-0.070.840.380.9-0.130.990.850.810.880.130.760.960.910.960.821.00.860.920.190.140.34
0.370.870.710.67-0.220.690.520.84-0.270.890.850.870.850.050.650.830.90.770.870.860.830.860.30.280.34
0.460.930.850.63-0.290.710.740.91-0.330.880.810.870.950.370.530.850.940.640.970.830.940.940.670.470.47
0.340.990.920.77-0.110.780.740.98-0.150.940.880.850.950.470.490.90.980.760.970.90.961.00.530.450.54
0.30.420.640.36-0.070.190.640.44-0.070.220.130.050.370.47-0.260.260.370.050.470.170.450.430.530.390.57
-0.050.510.140.39-0.020.49-0.080.45-0.070.720.760.650.530.49-0.260.650.590.710.50.750.520.540.02-0.17-0.07
0.350.930.740.81-0.240.850.460.93-0.290.960.960.830.850.90.260.650.90.910.860.960.910.920.260.10.41
0.280.980.870.72-0.070.720.70.95-0.110.960.910.90.940.980.370.590.90.790.960.930.930.990.480.390.52
0.150.820.560.81-0.070.840.20.82-0.130.920.960.770.640.760.050.710.910.790.670.950.750.81-0.060.00.29
0.360.960.910.75-0.160.740.740.94-0.20.890.820.870.970.970.470.50.860.960.670.850.970.960.580.380.49
0.180.930.70.78-0.050.820.420.91-0.110.991.00.860.830.90.170.750.960.930.950.850.880.930.210.170.37
0.330.960.890.84-0.160.850.650.96-0.20.910.860.830.940.960.450.520.910.930.750.970.880.960.510.290.47
0.321.00.90.79-0.10.80.690.98-0.150.960.920.860.941.00.430.540.920.990.810.960.930.960.480.40.52
0.450.450.580.05-0.250.160.780.43-0.250.310.190.30.670.530.530.020.260.48-0.060.580.210.510.480.70.42
0.360.380.51-0.01-0.120.110.720.36-0.120.230.140.280.470.450.39-0.170.10.390.00.380.170.290.40.70.38
0.320.540.660.36-0.060.190.660.54-0.070.40.340.340.470.540.57-0.070.410.520.290.490.370.470.520.420.38
Click cells to compare fundamentals

Zynex Account Relationship Matchups

Zynex fundamental ratios Accounts

202020212022202320242025 (projected)
Common Stock Shares Outstanding38.4M43.1M39.1M36.1M41.6M28.8M
Total Assets72.2M133.3M116.5M136.9M157.4M165.3M
Total Stockholder Equity56.9M73.9M66.4M46.1M53.0M55.7M
Retained Earnings23.4M0.017.0M26.8M30.8M32.3M
Other Current Assets2.8M1.4M868K3.3M3.8M4.0M
Other Stockholder Equity33.4M73.9M49.3M19.3M22.2M23.3M
Total Current Assets63.0M82.7M69.6M87.9M101.0M106.1M
Liabilities And Stockholders Equity72.2M133.3M116.5M136.9M157.4M165.3M
Total Liab15.3M59.3M50.1M90.8M104.4M109.6M
Short Long Term Debt Total7.3M35.1M27.0M76.2M87.6M92.0M
Other Current Liab864K4.5M5.5M5.5M6.4M6.7M
Total Current Liabilities10.1M22.9M21.1M18.5M21.3M22.4M
Property Plant And Equipment Net7.9M18.5M15.0M16.2M18.6M19.6M
Net Debt(31.8M)(7.5M)6.8M31.6M28.4M29.9M
Accounts Payable4.7M4.7M5.6M8.4M9.7M10.2M
Non Current Assets Total9.2M50.6M46.9M49.0M56.4M59.2M
Net Receivables13.8M28.6M35.1M26.8M30.9M32.4M
Non Current Liabilities Total5.2M36.5M29.0M72.2M83.1M87.2M
Inventory8.6M10.8M13.5M13.1M15.1M15.8M
Property Plant And Equipment Gross7.9M18.5M15.0M18.4M21.1M22.2M
Short Term Debt4.3M11.3M7.9M3.9M4.5M3.0M
Property Plant Equipment4.9M1.9M18.9M2.2M2.5M3.0M
Non Currrent Assets Other668K974K861K409K470.4K493.9K
Cash39.2M42.6M20.1M44.6M51.3M53.8M
Other Assets913K1.3M2.2M1.01.151.09
Cash And Short Term Investments39.2M42.6M20.1M44.6M51.3M53.8M
Net Tangible Assets19.7M56.9M43.5M36.9M42.4M44.5M
Retained Earnings Total Equity4.9M14.4M23.4M17.0M19.6M20.6M
Capital Surpluse9.2M37.2M80.4M82.4M94.8M99.5M
Capital Lease Obligations7.3M19.2M16.3M18.6M21.3M22.4M

Currently Active Assets on Macroaxis

When determining whether Zynex Inc offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Zynex's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Zynex Inc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Zynex Inc Stock:
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Zynex 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 interest.
You can also try the Watchlist Optimization module to optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm.
Is Health Care Equipment & Supplies 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 Zynex. If investors know Zynex 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 Zynex listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.30)
Earnings Share
0.14
Revenue Per Share
5.984
Quarterly Revenue Growth
0.001
Return On Assets
0.0399
The market value of Zynex Inc is measured differently than its book value, which is the value of Zynex that is recorded on the company's balance sheet. Investors also form their own opinion of Zynex's value that differs from its market value or its book value, called intrinsic value, which is Zynex'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 Zynex's market value can be influenced by many factors that don't directly affect Zynex'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 Zynex's value and its price as these two are different measures arrived at by different means. Investors typically determine if Zynex is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Zynex'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.