Zoomcar Historical Income Statement
ZCAR Stock | 5.15 0.12 2.28% |
Historical analysis of Zoomcar Holdings income statement accounts such as Tax Provision of 0.0, Interest Income of 84.7 K, Depreciation And Amortization of 978.5 K or Interest Expense of 1.1 M can show how well Zoomcar Holdings performed in making a profits. Evaluating Zoomcar Holdings income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Zoomcar Holdings's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Zoomcar Holdings latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Zoomcar Holdings is a good buy for the upcoming year.
Zoomcar |
About Zoomcar Income Statement Analysis
Zoomcar Holdings Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Zoomcar Holdings shareholders. The income statement also shows Zoomcar investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).
Zoomcar Holdings Income Statement Chart
Add Fundamental
Total Revenue
Total revenue comprises all receipts Zoomcar Holdings generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Zoomcar Holdings. It is also known as Zoomcar Holdings 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.Net Income
Net income is one of the most important fundamental items in finance. It plays a large role in Zoomcar Holdings financial statement analysis. It represents the amount of money remaining after all of Zoomcar Holdings operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.Most accounts from Zoomcar Holdings' income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Zoomcar Holdings current financial condition. On the other hand, looking into the entire matrix of income statement accounts, 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 Zoomcar Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation. To learn how to invest in Zoomcar Stock, please use our How to Invest in Zoomcar Holdings guide.At this time, Zoomcar Holdings' Interest Income is relatively stable compared to the past year. As of 11/28/2024, Selling And Marketing Expenses is likely to grow to about 6.5 M, while Depreciation And Amortization is likely to drop slightly above 978.5 K.
2021 | 2022 | 2023 | 2024 (projected) | Depreciation And Amortization | 3.2M | 795.4K | 1.0M | 978.5K | Interest Income | 142.6K | 28.9K | 47.9K | 84.7K |
Zoomcar Holdings income statement Correlations
Click cells to compare fundamentals
Zoomcar Holdings Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Pair Trading with Zoomcar Holdings
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 Zoomcar Holdings 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 Zoomcar Holdings will appreciate offsetting losses from the drop in the long position's value.Moving against Zoomcar Stock
0.88 | HRI | Herc Holdings | PairCorr |
0.86 | FTAIM | FTAI Aviation | PairCorr |
0.83 | ALTG-PA | Alta Equipment Group | PairCorr |
0.77 | WLFC | Willis Lease Finance | PairCorr |
0.77 | MGRC | McGrath RentCorp | PairCorr |
The ability to find closely correlated positions to Zoomcar Holdings could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Zoomcar Holdings 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 Zoomcar Holdings - 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 Zoomcar Holdings to buy it.
The correlation of Zoomcar Holdings 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 Zoomcar Holdings moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Zoomcar Holdings 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 Zoomcar Holdings 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.Additional Tools for Zoomcar Stock Analysis
When running Zoomcar Holdings' price analysis, check to measure Zoomcar Holdings' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Zoomcar Holdings is operating at the current time. Most of Zoomcar Holdings' value examination focuses on studying past and present price action to predict the probability of Zoomcar Holdings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Zoomcar Holdings' price. Additionally, you may evaluate how the addition of Zoomcar Holdings to your portfolios can decrease your overall portfolio volatility.