ZimVie Financials

ZIMV Stock  USD 14.53  0.01  0.07%   
Based on the measurements of operating efficiency obtained from ZimVie's historical financial statements, ZimVie Inc is not in a good financial situation at this time. It has a very high probability of going through financial hardship in December. At this time, ZimVie's Cash And Short Term Investments are fairly stable compared to the past year. Net Receivables is likely to climb to about 110.7 M in 2024, whereas Total Current Liabilities is likely to drop slightly above 159.9 M in 2024. Key indicators impacting ZimVie's financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Debt Equity Ratio1.31.2425
Sufficiently Up
Slightly volatile
Current Ratio2.12.7813
Way Down
Pretty Stable
Investors should never underestimate ZimVie's ability to pay suppliers on time, ensure interest payments are not accumulating, and correctly time where and how to reinvest extra cash. Individual investors need to monitor ZimVie's cash flow, debt, and profitability to make informed and accurate decisions about investing in ZimVie Inc.

Net Income

(412.95 Million)

  
Understanding current and past ZimVie Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of ZimVie's financial statements are interrelated, with each one affecting the others. For example, an increase in ZimVie's assets may result in an increase in income on the income statement.

ZimVie Earnings Geography

Please note, the imprecision that can be found in ZimVie's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of ZimVie Inc. Check ZimVie's Beneish M Score to see the likelihood of ZimVie's management manipulating its earnings.

ZimVie Stock Summary

ZimVie competes with Stryker, Boston Scientific, STERIS Plc, Smith Nephew, and CONMED. ZimVie Inc., a medical technology company, develops, manufactures, and delivers a portfolio of products and solutions designed to treat a range of spine pathologies, and support dental tooth replacement and restoration procedures worldwide. ZimVie Inc. was incorporated in 2021 and is headquartered in Westminster, Colorado. Zimvie operates under Medical Devices classification in the United States and is traded on NASDAQ Exchange. It employs 2700 people.
Specialization
Health Care, Health Care Equipment & Services
InstrumentUSA Stock View All
ExchangeNASDAQ Exchange
ISINUS98888T1079
CUSIP98888T107
LocationColorado; U.S.A
Business Address4555 Riverside Drive,
SectorHealth Care Equipment & Supplies
IndustryHealth Care
BenchmarkDow Jones Industrial
Websitewww.zimvie.com
Phone303 443 7500
CurrencyUSD - US Dollar

ZimVie Key Financial Ratios

ZimVie Key Income Statement Accounts

The reason investors look at the income statement is to determine what ZimVie's earnings per share (EPS) will be in order to see if they want to buy more shares or not. For example, if a company earned $20 million in the last quarter and has 100,000 shares outstanding, its EPS is 20 cents. If you find that this number beats analysts' forecasts or is higher than it was from the same period last year, then you might want to buy more of this stock even though its price per share may not have changed.
201920202021202220232024 (projected)
Tax Provision200K(42.3M)(6M)(46.0M)(21.1M)(22.2M)
Total Revenue1.1B912.4M1.0B913.9M457.4M727.1M
Gross Profit721.6M599.5M628.8M613.1M290.4M476.0M
Operating Income(22.6M)(67.1M)(73.6M)(50.8M)(30.9M)(32.5M)
Ebit(22.6M)(221M)(101M)(43.6M)(30.6M)(32.1M)
Research Development55.6M49.2M61.3M62.7M26.2M41.0M
Ebitda112.5M(86.7M)28.7M79.2M91.1M95.6M
Cost Of Revenue333.9M312.9M385.8M300.8M167.1M251.1M
Income Before Tax(27.7M)(221.3M)(101.3M)(109.9M)(50.8M)(53.4M)
Net Income(27.9M)(179M)(95.3M)(63.9M)(393.3M)(412.9M)
Income Tax Expense200K(42.3M)(6M)(46.0M)5.2M5.5M

ZimVie Key Cash Accounts

201920202021202220232024 (projected)
Change To Inventory(500K)(6.1M)33.1M10.2M25.4M17.8M
Investments(84.6M)(49.5M)(60.3M)(28.7M)(18.0M)(18.9M)
Change In Cash(9.3M)(9.6M)73M(10.8M)(1.8M)(1.7M)
Free Cash Flow66.2M47.7M7.7M(1.9M)24.7M34.4M
Depreciation135.1M134.3M129.7M122.8M121.7M105.5M
Other Non Cash Items268.6M142M213M4.5M295.7M178.1M
Capital Expenditures53M38.3M56.6M26.5M12.5M11.9M
Net Income(27.9M)(179M)(95.3M)(63.9M)(393.3M)(412.9M)
End Period Cash Flow37M27.4M100.4M89.6M87.8M71.2M
Change To Netincome(11.4M)125.2M(14.8M)34.8M31.3M29.8M

ZimVie Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining ZimVie's current stock value. Our valuation model uses many indicators to compare ZimVie value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across ZimVie competition to find correlations between indicators driving ZimVie's intrinsic value. More Info.
ZimVie Inc is rated below average in return on equity category among its peers. It is rated below average in return on asset category among its peers . At this time, ZimVie's Return On Equity is fairly stable compared to the past year. Comparative valuation analysis is a catch-all technique that is used if you cannot value ZimVie by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.

ZimVie Inc Systematic Risk

ZimVie's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. ZimVie volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was twenty-four with a total number of output elements of thirty-seven. The Beta measures systematic risk based on how returns on ZimVie Inc correlated with the market. If Beta is less than 0 ZimVie generally moves in the opposite direction as compared to the market. If ZimVie Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one ZimVie Inc is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of ZimVie is generally in the same direction as the market. If Beta > 1 ZimVie moves generally in the same direction as, but more than the movement of the benchmark.
Today, most investors in ZimVie Stock are looking for potential investment opportunities by analyzing not only static indicators but also various ZimVie's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of ZimVie growth as a starting point in their analysis.

Price Earnings To Growth Ratio

(0.002237)

At this time, ZimVie's Price Earnings To Growth Ratio is fairly stable compared to the past year.

ZimVie November 29, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of ZimVie help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of ZimVie Inc. We use our internally-developed statistical techniques to arrive at the intrinsic value of ZimVie Inc based on widely used predictive technical indicators. In general, we focus on analyzing ZimVie Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build ZimVie's daily price indicators and compare them against related drivers.

Additional Tools for ZimVie Stock Analysis

When running ZimVie's price analysis, check to measure ZimVie's 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 ZimVie is operating at the current time. Most of ZimVie's value examination focuses on studying past and present price action to predict the probability of ZimVie's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ZimVie's price. Additionally, you may evaluate how the addition of ZimVie to your portfolios can decrease your overall portfolio volatility.