Zaggle Cash And Short Term Investments vs Total Liab Analysis
ZAGGLE Stock | 545.95 23.70 4.16% |
Zaggle Prepaid financial indicator trend analysis is more than just analyzing Zaggle Prepaid Ocean current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Zaggle Prepaid Ocean is a good investment. Please check the relationship between Zaggle Prepaid Cash And Short Term Investments and its Total Liab accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Zaggle Prepaid Ocean. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
Cash And Short Term Investments vs Total Liab
Cash And Short Term Investments vs Total Liab Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Zaggle Prepaid Ocean Cash And Short Term Investments account and Total Liab. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Zaggle Prepaid's Cash And Short Term Investments and Total Liab is 0.96. Overlapping area represents the amount of variation of Cash And Short Term Investments that can explain the historical movement of Total Liab in the same time period over historical financial statements of Zaggle Prepaid Ocean, assuming nothing else is changed. The correlation between historical values of Zaggle Prepaid's Cash And Short Term Investments and Total Liab is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash And Short Term Investments of Zaggle Prepaid Ocean are associated (or correlated) with its Total Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Liab has no effect on the direction of Cash And Short Term Investments i.e., Zaggle Prepaid's Cash And Short Term Investments and Total Liab go up and down completely randomly.
Correlation Coefficient | 0.96 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Cash And Short Term Investments
Short Term Investments is an account in the current assets section of Zaggle Prepaid Ocean balance sheet. This account contains Zaggle Prepaid investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Zaggle Prepaid Ocean fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.Total Liab
The total amount of all liabilities that a company has, including both short-term and long-term liabilities.Most indicators from Zaggle Prepaid's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Zaggle Prepaid Ocean current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, 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 Zaggle Prepaid Ocean. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis. The current year's Selling General Administrative is expected to grow to about 40.5 M
2021 | 2022 | 2023 | 2024 (projected) | Total Revenue | 3.7B | 5.5B | 7.8B | 5.3B | Depreciation And Amortization | 21.0M | 62.0M | 83.6M | 51.4M |
Zaggle Prepaid fundamental ratios Correlations
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Zaggle Prepaid Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Other Information on Investing in Zaggle Stock
Balance Sheet is a snapshot of the financial position of Zaggle Prepaid Ocean at a specified time, usually calculated after every quarter, six months, or one year. Zaggle Prepaid Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Zaggle Prepaid 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 Zaggle currently owns. An asset can also be divided into two categories, current and non-current.