Zynex Debt Equity Ratio from 2010 to 2024

ZYXI Stock  USD 8.32  0.03  0.36%   
Zynex's Debt Equity Ratio is increasing with slightly volatile movements from year to year. Debt Equity Ratio is estimated to finish at 1.40 this year. For the period between 2010 and 2024, Zynex, Debt Equity Ratio quarterly trend regression had mean deviation of  0.86 and range of 5.4225. View All Fundamentals
 
Debt Equity Ratio  
First Reported
2010-12-31
Previous Quarter
1.33386807
Current Value
1.4
Quarterly Volatility
1.32029806
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Zynex financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Zynex's main balance sheet or income statement drivers, such as Depreciation And Amortization of 4.4 M, Interest Expense of 1.1 M or Total Revenue of 193.5 M, as well as many indicators such as Price To Sales Ratio of 2.0, Dividend Yield of 0.0 or PTB Ratio of 7.97. Zynex financial statements analysis is a perfect complement when working with Zynex Valuation or Volatility modules.
  
Check out the analysis of Zynex Correlation against competitors.

Latest Zynex's Debt Equity Ratio Growth Pattern

Below is the plot of the Debt Equity Ratio of Zynex Inc over the last few years. It is Zynex's Debt Equity Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Zynex's overall financial position and show how it may be relating to other accounts over time.
Debt Equity Ratio10 Years Trend
Slightly volatile
   Debt Equity Ratio   
       Timeline  

Zynex Debt Equity Ratio Regression Statistics

Arithmetic Mean(0.09)
Geometric Mean0.37
Coefficient Of Variation(1,532)
Mean Deviation0.86
Median0.06
Standard Deviation1.32
Sample Variance1.74
Range5.4225
R-Value0.39
Mean Square Error1.60
R-Squared0.15
Significance0.15
Slope0.11
Total Sum of Squares24.40

Zynex Debt Equity Ratio History

2024 1.4
2023 1.33
2022 0.16
2021 0.26
2020 0.0374
2018 0.0636
2017 0.0463

About Zynex Financial Statements

Investors use fundamental indicators, such as Zynex's Debt Equity Ratio, to determine how well the company is positioned to perform in the future. Although Zynex's investors may analyze each financial statement separately, they are all interrelated. Understanding these patterns can help investors make the right trading decisions.
Last ReportedProjected for Next Year
Debt Equity Ratio 1.33  1.40 

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 the analysis of Zynex Correlation against competitors.
You can also try the Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.
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.