Zaggle Total Stockholder Equity vs Cash And Short Term Investments 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 Total Stockholder Equity and its Cash And Short Term Investments 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.

Total Stockholder Equity vs Cash And Short Term Investments

Total Stockholder Equity vs Cash And Short Term Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Zaggle Prepaid Ocean Total Stockholder Equity account and Cash And Short Term Investments. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Zaggle Prepaid's Total Stockholder Equity and Cash And Short Term Investments is 0.53. Overlapping area represents the amount of variation of Total Stockholder Equity that can explain the historical movement of Cash And Short Term Investments 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 Total Stockholder Equity and Cash And Short Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Stockholder Equity of Zaggle Prepaid Ocean are associated (or correlated) with its Cash And Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash And Short Term Investments has no effect on the direction of Total Stockholder Equity i.e., Zaggle Prepaid's Total Stockholder Equity and Cash And Short Term Investments go up and down completely randomly.

Correlation Coefficient

0.53
Relationship DirectionPositive 
Relationship StrengthWeak

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.

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.
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 Revenue3.7B5.5B7.8B5.3B
Depreciation And Amortization21.0M62.0M83.6M51.4M

Zaggle Prepaid fundamental ratios Correlations

-0.62-0.730.58-0.620.51-0.59-0.58-0.61-0.58-0.17-0.1-0.46-0.53-0.18-0.15-0.560.17-0.230.070.19-0.11-0.58-0.59-0.510.58
-0.620.93-0.940.96-0.941.00.990.681.00.420.540.650.880.410.430.88-0.630.53-0.370.140.391.01.00.92-0.97
-0.730.93-0.960.98-0.810.90.880.860.930.630.620.850.890.630.620.89-0.290.7-0.02-0.20.580.930.930.95-0.85
0.58-0.94-0.96-0.970.84-0.92-0.91-0.74-0.95-0.57-0.59-0.81-0.89-0.56-0.56-0.890.37-0.650.110.13-0.52-0.95-0.95-0.940.88
-0.620.960.98-0.97-0.870.950.930.830.980.640.70.830.920.630.640.91-0.410.73-0.12-0.070.610.970.980.99-0.9
0.51-0.94-0.810.84-0.87-0.94-0.95-0.49-0.93-0.34-0.42-0.5-0.68-0.35-0.31-0.670.69-0.390.38-0.13-0.33-0.93-0.93-0.830.87
-0.591.00.9-0.920.95-0.941.00.650.990.390.530.610.870.380.40.87-0.670.51-0.420.20.361.00.990.91-0.98
-0.580.990.88-0.910.93-0.951.00.60.990.330.490.560.850.320.350.85-0.710.45-0.470.240.310.990.980.88-0.98
-0.610.680.86-0.740.83-0.490.650.60.710.830.830.940.840.820.850.830.020.90.25-0.30.80.710.710.86-0.61
-0.581.00.93-0.950.98-0.930.990.990.710.480.610.70.90.480.50.89-0.60.59-0.320.120.461.01.00.95-0.96
-0.170.420.63-0.570.64-0.340.390.330.830.480.90.910.571.00.990.530.280.970.57-0.541.00.470.480.73-0.28
-0.10.540.62-0.590.7-0.420.530.490.830.610.90.830.740.880.940.7-0.050.960.21-0.120.920.60.60.81-0.48
-0.460.650.85-0.810.83-0.50.610.560.940.70.910.830.80.910.910.780.130.940.39-0.470.880.690.70.87-0.55
-0.530.880.89-0.890.92-0.680.870.850.840.90.570.740.80.550.641.0-0.40.74-0.220.120.550.90.90.93-0.9
-0.180.410.63-0.560.63-0.350.380.320.820.481.00.880.910.550.980.510.290.950.59-0.580.990.460.470.72-0.26
-0.150.430.62-0.560.64-0.310.40.350.850.50.990.940.910.640.980.60.230.990.5-0.440.990.490.50.75-0.32
-0.560.880.89-0.890.91-0.670.870.850.830.890.530.70.781.00.510.6-0.40.7-0.240.120.50.890.890.91-0.9
0.17-0.63-0.290.37-0.410.69-0.67-0.710.02-0.60.28-0.050.13-0.40.290.23-0.40.130.92-0.80.25-0.61-0.59-0.360.72
-0.230.530.7-0.650.73-0.390.510.450.90.590.970.960.940.740.950.990.70.130.4-0.360.960.580.590.82-0.44
0.07-0.37-0.020.11-0.120.38-0.42-0.470.25-0.320.570.210.39-0.220.590.5-0.240.920.4-0.930.55-0.34-0.32-0.060.53
0.190.14-0.20.13-0.07-0.130.20.24-0.30.12-0.54-0.12-0.470.12-0.58-0.440.12-0.8-0.36-0.93-0.490.130.11-0.08-0.33
-0.110.390.58-0.520.61-0.330.360.310.80.461.00.920.880.550.990.990.50.250.960.55-0.490.450.460.71-0.26
-0.581.00.93-0.950.97-0.931.00.990.711.00.470.60.690.90.460.490.89-0.610.58-0.340.130.451.00.94-0.97
-0.591.00.93-0.950.98-0.930.990.980.711.00.480.60.70.90.470.50.89-0.590.59-0.320.110.461.00.95-0.96
-0.510.920.95-0.940.99-0.830.910.880.860.950.730.810.870.930.720.750.91-0.360.82-0.06-0.080.710.940.95-0.86
0.58-0.97-0.850.88-0.90.87-0.98-0.98-0.61-0.96-0.28-0.48-0.55-0.9-0.26-0.32-0.90.72-0.440.53-0.33-0.26-0.97-0.96-0.86
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Zaggle Prepaid Account Relationship Matchups

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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.