Zoomd Technologies Stock Current Asset

ZOMD Stock  CAD 0.87  0.07  8.75%   
Zoomd Technologies fundamentals help investors to digest information that contributes to Zoomd Technologies' financial success or failures. It also enables traders to predict the movement of Zoomd Stock. The fundamental analysis module provides a way to measure Zoomd Technologies' intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Zoomd Technologies stock.
At this time, Zoomd Technologies' Non Current Assets Total are fairly stable compared to the past year. Total Current Assets is likely to climb to about 9.7 M in 2024, whereas Other Current Assets are likely to drop (945.00) in 2024.
  
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Zoomd Technologies Company Current Asset Analysis

Zoomd Technologies' Current Asset is all of the company's assets that can be used to pay off current liabilities within the current fiscal period or over the next 12 months. Current Asset includes cash or cash equivalents, accounts receivable, short-term investments, and the portion of prepaid liabilities which will be paid within the next 12 months. Because these assets are easily turned into cash, they are sometimes referred to as liquid assets.

Current Asset

 = 

Cash

+

Deposits

+

Liquid Assets

More About Current Asset | All Equity Analysis

Zoomd Current Asset Driver Correlations

Understanding the fundamental principles of building solid financial models for Zoomd Technologies is extremely important. It helps to project a fair market value of Zoomd Stock properly, considering its historical fundamentals such as Current Asset. Since Zoomd Technologies' main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Zoomd Technologies' historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Zoomd Technologies' interrelated accounts and indicators.
Current Asset is important to company's creditors and private equity firms as they will often be interested in how much that company has in current assets since these assets can be easily liquidated in case the company goes bankrupt. However, it is usually not enough to know if a company is in good shape just based on current asset alone; the amount of current liabilities should always be considered.
Competition

Zoomd Total Assets

Total Assets

18.19 Million

At this time, Zoomd Technologies' Total Assets are fairly stable compared to the past year.
In accordance with the recently published financial statements, Zoomd Technologies has a Current Asset of 0.0. This is 100.0% lower than that of the Interactive Media & Services sector and about the same as Communication Services (which currently averages 0.0) industry. The current asset for all Canada stocks is 100.0% higher than that of the company.

Zoomd Technologies Current Valuation Drivers

We derive many important indicators used in calculating different scores of Zoomd Technologies from analyzing Zoomd Technologies' financial statements. These drivers represent accounts that assess Zoomd Technologies' ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Zoomd Technologies' important valuation drivers and their relationship over time.
201920202021202220232024 (projected)
Market Cap47.1M19.3M38.7M13.2M5.2M4.9M
Enterprise Value43.0M18.2M36.3M14.2M7.0M13.1M

Zoomd Fundamentals

About Zoomd Technologies Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Zoomd Technologies's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Zoomd Technologies using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Zoomd Technologies based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

Thematic Opportunities

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Additional Tools for Zoomd Stock Analysis

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