Zaggle Net Receivables vs Current Deferred Revenue Analysis

ZAGGLE Stock   511.45  2.45  0.48%   
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 Net Receivables and its Current Deferred Revenue 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.

Net Receivables vs Current Deferred Revenue

Net Receivables vs Current Deferred Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Zaggle Prepaid Ocean Net Receivables account and Current Deferred Revenue. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Zaggle Prepaid's Net Receivables and Current Deferred Revenue is 0.91. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Current Deferred Revenue 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 Net Receivables and Current Deferred Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Receivables of Zaggle Prepaid Ocean are associated (or correlated) with its Current Deferred Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Current Deferred Revenue has no effect on the direction of Net Receivables i.e., Zaggle Prepaid's Net Receivables and Current Deferred Revenue go up and down completely randomly.

Correlation Coefficient

0.91
Relationship DirectionPositive 
Relationship StrengthVery Strong

Net Receivables

Current Deferred Revenue

Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.
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.
As of January 15, 2025, Selling General Administrative is expected to decline to about 40.5 M
 2022 2023 2024 2025 (projected)
Total Revenue5.5B7.8B8.9B5.3B
Depreciation And Amortization62.0M83.6M96.2M51.4M

Zaggle Prepaid fundamental ratios Correlations

-0.69-0.780.66-0.680.62-0.66-0.66-0.69-0.66-0.26-0.28-0.56-0.62-0.26-0.24-0.660.32-0.340.25-0.07-0.2-0.66-0.66-0.610.66
-0.690.95-0.950.98-0.971.01.00.751.00.480.660.720.890.480.480.99-0.720.61-0.530.380.471.01.00.95-0.97
-0.780.95-0.970.98-0.880.930.910.890.950.650.710.880.890.650.640.96-0.460.74-0.270.120.620.950.950.96-0.89
0.66-0.95-0.97-0.970.88-0.94-0.93-0.81-0.96-0.6-0.69-0.85-0.89-0.6-0.6-0.960.51-0.710.33-0.18-0.57-0.95-0.96-0.950.91
-0.680.980.98-0.97-0.930.970.960.850.990.650.760.850.910.650.640.99-0.570.75-0.360.230.630.980.990.99-0.92
0.62-0.97-0.880.88-0.93-0.98-0.98-0.64-0.97-0.42-0.59-0.62-0.81-0.42-0.39-0.960.76-0.510.56-0.41-0.41-0.97-0.97-0.90.92
-0.661.00.93-0.940.97-0.981.00.731.00.460.650.690.890.450.460.99-0.750.59-0.560.420.451.01.00.94-0.97
-0.661.00.91-0.930.96-0.981.00.70.990.410.620.660.870.410.420.98-0.780.55-0.60.450.410.990.990.92-0.97
-0.690.750.89-0.810.85-0.640.730.70.770.820.870.950.870.810.840.8-0.210.91-0.070.060.80.770.770.88-0.72
-0.661.00.95-0.960.99-0.971.00.990.770.530.70.750.90.530.531.0-0.70.65-0.50.370.521.01.00.97-0.96
-0.260.480.65-0.60.65-0.420.460.410.820.530.880.90.571.00.990.580.130.960.35-0.31.00.520.530.73-0.37
-0.280.660.71-0.690.76-0.590.650.620.870.70.880.870.810.870.920.73-0.250.96-0.090.180.90.690.70.84-0.64
-0.560.720.88-0.850.85-0.620.690.660.950.750.90.870.820.90.90.79-0.080.950.09-0.120.880.740.750.88-0.66
-0.620.890.89-0.890.91-0.810.890.870.870.90.570.810.820.560.610.9-0.560.75-0.490.450.560.90.90.91-0.94
-0.260.480.65-0.60.65-0.420.450.410.810.531.00.870.90.560.980.580.140.950.37-0.330.990.520.530.72-0.36
-0.240.480.64-0.60.64-0.390.460.420.840.530.990.920.90.610.980.580.090.980.3-0.220.990.520.530.73-0.4
-0.660.990.96-0.960.99-0.960.990.980.81.00.580.730.790.90.580.58-0.650.69-0.450.320.571.01.00.98-0.95
0.32-0.72-0.460.51-0.570.76-0.75-0.78-0.21-0.70.13-0.25-0.08-0.560.140.09-0.65-0.050.93-0.830.1-0.7-0.69-0.530.78
-0.340.610.74-0.710.75-0.510.590.550.910.650.960.960.950.750.950.980.69-0.050.14-0.080.960.640.650.82-0.55
0.25-0.53-0.270.33-0.360.56-0.56-0.6-0.07-0.50.35-0.090.09-0.490.370.3-0.450.930.14-0.950.32-0.51-0.5-0.30.67
-0.070.380.12-0.180.23-0.410.420.450.060.37-0.30.18-0.120.45-0.33-0.220.32-0.83-0.08-0.95-0.250.370.360.21-0.55
-0.20.470.62-0.570.63-0.410.450.410.80.521.00.90.880.560.990.990.570.10.960.32-0.250.510.520.72-0.36
-0.661.00.95-0.950.98-0.971.00.990.771.00.520.690.740.90.520.521.0-0.70.64-0.510.370.511.00.96-0.96
-0.661.00.95-0.960.99-0.971.00.990.771.00.530.70.750.90.530.531.0-0.690.65-0.50.360.521.00.97-0.96
-0.610.950.96-0.950.99-0.90.940.920.880.970.730.840.880.910.720.730.98-0.530.82-0.30.210.720.960.97-0.89
0.66-0.97-0.890.91-0.920.92-0.97-0.97-0.72-0.96-0.37-0.64-0.66-0.94-0.36-0.4-0.950.78-0.550.67-0.55-0.36-0.96-0.96-0.89
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Zaggle Prepaid Account Relationship Matchups

Zaggle Prepaid fundamental ratios Accounts

202020212022202320242025 (projected)
Other Current Liab39.3M34.6M119.2M43.5M39.1M60.7M
Total Stockholder Equity(455.5M)(35.6M)487.5M5.8B6.6B6.9B
Retained Earnings(479.9M)(154.4M)74.6M514.8M592.0M621.6M
Accounts Payable191.0M107.4M92.2M19.6M17.7M16.8M
Net Receivables226.8M429.5M1.1B1.7B2.0B2.1B
Other Current Assets104.5M168.7M513.6M4.0B4.6B4.8B
Other Stockholder Equity22.6M117.1M174.9M5.0B5.7B6.0B
Short Term Debt321.8M168.8M741.5M624.0M717.6M417.1M

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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.