Zions Historical Balance Sheet
ZION Stock | USD 59.14 0.48 0.82% |
Trend analysis of Zions Bancorporation balance sheet accounts such as Total Assets of 91.6 B, Short Long Term Debt Total of 1.8 B, Other Current Liabilities of 23.9 B or Total Current Liabilities of 14.9 B provides information on Zions Bancorporation's total assets, liabilities, and equity, which is the actual value of Zions Bancorporation to its prevalent stockholders. By breaking down trends over time using Zions Bancorporation balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
Financial Statement Analysis is much more than just reviewing and examining Zions Bancorporation 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 Zions Bancorporation is a good buy for the upcoming year.
Zions Bancorporation Inventory |
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Zions |
About Zions Balance Sheet Analysis
Balance Sheet is a snapshot of the financial position of Zions Bancorporation at a specified time, usually calculated after every quarter, six months, or one year. Zions Bancorporation Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Zions Bancorporation and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Zions currently owns. An asset can also be divided into two categories, current and non-current.
Zions Bancorporation Balance Sheet Chart
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Total Assets
Total assets refers to the total amount of Zions Bancorporation 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 Zions Bancorporation 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.Total Current Liabilities
Total Current Liabilities is an item on Zions Bancorporation balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Zions Bancorporation are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.Total Stockholder Equity
The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.Most accounts from Zions Bancorporation's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Zions Bancorporation current financial condition. On the other hand, looking into the entire matrix of balance sheet 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 Zions Bancorporation. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons. To learn how to invest in Zions Stock, please use our How to Invest in Zions Bancorporation guide.At this time, Zions Bancorporation's Liabilities And Stockholders Equity is very stable compared to the past year. As of the 21st of November 2024, Non Current Liabilities Total is likely to grow to about 70.7 B, while Short and Long Term Debt Total is likely to drop about 1.8 B.
2021 | 2022 | 2023 | 2024 (projected) | Short and Long Term Debt Total | 1.8B | 7.8B | 2.1B | 1.8B | Total Assets | 93.2B | 89.5B | 87.2B | 91.6B |
Zions Bancorporation balance sheet Correlations
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Zions Bancorporation Account Relationship Matchups
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Zions Bancorporation balance sheet Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 69.2B | 81.5B | 93.2B | 89.5B | 87.2B | 91.6B | |
Short Long Term Debt Total | 2.7B | 3.2B | 1.8B | 7.8B | 2.1B | 1.8B | |
Other Current Liab | (1B) | 69.7B | 82.8B | 5.5B | 12.7B | 23.9B | |
Total Current Liabilities | 1B | 1.9B | 802M | 1.3B | 14.2B | 14.9B | |
Total Stockholder Equity | 7.4B | 7.9B | 7.5B | 4.9B | 5.5B | 3.8B | |
Property Plant And Equipment Net | 1.1B | 1.2B | 1.3B | 1.4B | 1.6B | 1.7B | |
Net Debt | 275M | (281M) | (9.9B) | 5.8B | 2.5B | 2.7B | |
Retained Earnings | 4.0B | 4.3B | 5.2B | 5.8B | 6.2B | 6.5B | |
Non Currrent Assets Other | (310M) | (360M) | (28.0B) | (24.7B) | (4.6B) | (4.4B) | |
Other Assets | 36.1B | 44.1B | 29.9B | 80.9B | (662M) | (628.9M) | |
Common Stock Shares Outstanding | 186.5M | 165.6M | 160.2M | 150.3M | 147.8M | 120.4M | |
Liabilities And Stockholders Equity | 69.2B | 81.5B | 93.2B | 89.5B | 87.2B | 91.6B | |
Non Current Liabilities Total | 1.7B | 1.3B | 1.0B | 82.5B | 67.3B | 70.7B | |
Total Liab | 61.8B | 1.3B | 1.0B | 84.7B | 81.5B | 85.6B | |
Property Plant And Equipment Gross | 1.1B | 1.2B | 2.3B | 2.4B | 2.5B | 2.6B | |
Common Stock | 2.7B | 2.7B | 1.9B | 1.8B | 1.7B | 2.4B | |
Non Current Assets Total | 17.6B | 19.7B | 28.0B | 2.4B | 83.6B | 87.8B | |
Cash | 1.4B | 1.6B | 10.9B | 2.0B | 662M | 628.9M | |
Cash And Short Term Investments | 15.2B | 17.3B | 34.9B | 13.9B | 662M | 628.9M | |
Total Current Assets | 15.5B | 17.7B | 35.3B | 6.2B | 4.2B | 4.0B | |
Short Term Debt | 1B | 1.9B | 802M | 7.1B | 1.5B | 812.5M | |
Accumulated Other Comprehensive Income | 43M | 325M | (80M) | (3.1B) | (2.8B) | (2.7B) | |
Other Current Assets | 2.1B | 7.9B | 13.6B | (8.1B) | 3.6B | 3.4B | |
Other Liab | 693M | 1.0B | 1.0B | 1.3B | 1.5B | 1.5B | |
Accounts Payable | 57.1B | 69.7B | 82.8B | 71.7B | 82.4B | 47.9B | |
Long Term Debt | 1.7B | 1.3B | 1.0B | 651M | 538M | 511.1M | |
Short Term Investments | 13.7B | 15.7B | 24.0B | 11.9B | (19.1B) | (18.1B) | |
Inventory | (2.1B) | (7.9B) | (13.6B) | 3M | (1.0B) | (1.1B) | |
Property Plant Equipment | 1.1B | 1.2B | 1.3B | 1.6B | 1.8B | 1.9B | |
Net Receivables | 327M | 334M | 320M | 386M | 383M | 316.4M | |
Net Tangible Assets | 5.8B | 6.3B | 6.0B | 3.4B | 3.9B | 5.7B | |
Retained Earnings Total Equity | 4.0B | 4.3B | 5.2B | 5.8B | 6.7B | 7.0B | |
Long Term Debt Total | 1.7B | 1.3B | 1.0B | 651M | 585.9M | 988.5M | |
Long Term Investments | 50.0B | 17.5B | 25.7B | 24.6B | 21.0B | 29.0B |
Pair Trading with Zions Bancorporation
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 Zions Bancorporation 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 Zions Bancorporation will appreciate offsetting losses from the drop in the long position's value.Moving together with Zions Stock
Moving against Zions Stock
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0.48 | CFG-PE | Citizens Financial | PairCorr |
The ability to find closely correlated positions to Zions Bancorporation could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Zions Bancorporation 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 Zions Bancorporation - 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 Zions Bancorporation to buy it.
The correlation of Zions Bancorporation 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 Zions Bancorporation moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Zions Bancorporation 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 Zions Bancorporation 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 Zions Bancorporation. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons. To learn how to invest in Zions Stock, please use our How to Invest in Zions Bancorporation guide.You can also try the Sectors module to list of equity sectors categorizing publicly traded companies based on their primary business activities.
Is Regional Banks 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 Zions Bancorporation. If investors know Zions 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 Zions Bancorporation 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 0.212 | Dividend Share 1.64 | Earnings Share 4.39 | Revenue Per Share 20.433 | Quarterly Revenue Growth 0.076 |
The market value of Zions Bancorporation is measured differently than its book value, which is the value of Zions that is recorded on the company's balance sheet. Investors also form their own opinion of Zions Bancorporation's value that differs from its market value or its book value, called intrinsic value, which is Zions Bancorporation'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 Zions Bancorporation's market value can be influenced by many factors that don't directly affect Zions Bancorporation'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 Zions Bancorporation's value and its price as these two are different measures arrived at by different means. Investors typically determine if Zions Bancorporation is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Zions Bancorporation'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.