Zapp Long Term Investments vs Cash Analysis
| ZAPPW Stock | 0.01 0.0006 6.19% |
Zapp Electric financial indicator trend analysis is more than just analyzing Zapp Electric Vehicles current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Zapp Electric Vehicles is a good investment. Please check the relationship between Zapp Electric Long Term Investments and its Cash accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Zapp Electric Vehicles. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey.
Long Term Investments vs Cash
Long Term Investments vs Cash Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Zapp Electric Vehicles Long Term Investments account and Cash. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Zapp Electric's Long Term Investments and Cash is -0.58. Overlapping area represents the amount of variation of Long Term Investments that can explain the historical movement of Cash in the same time period over historical financial statements of Zapp Electric Vehicles, assuming nothing else is changed. The correlation between historical values of Zapp Electric's Long Term Investments and Cash is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Long Term Investments of Zapp Electric Vehicles are associated (or correlated) with its Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash has no effect on the direction of Long Term Investments i.e., Zapp Electric's Long Term Investments and Cash go up and down completely randomly.
Correlation Coefficient | -0.58 |
| Relationship Direction | Negative |
| Relationship Strength | Very Weak |
Long Term Investments
Long Term Investments is an item on the asset side of Zapp Electric balance sheet that represents investments Zapp Electric Vehicles intends to hold for over a year. Zapp Electric Vehicles long term investments may include different instruments such as stocks, bonds, real estate and cash.Cash
Cash refers to the most liquid asset of Zapp Electric Vehicles, which is listed under current asset account on Zapp Electric Vehicles balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Zapp Electric customers. The amounts must be unrestricted with restricted cash listed in a different Zapp Electric account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.Most indicators from Zapp Electric's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Zapp Electric Vehicles 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 Zapp Electric Vehicles. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey. Selling General Administrative is likely to drop to about 3.7 M in 2024. Issuance Of Capital Stock is expected to grow at the current pace this year
| 2010 | 2022 | 2023 | 2024 (projected) | Interest Expense | 289.0K | 305.5K | 561.0K | 423.7K | Interest Income | 1.1K | 2.7K | 9.3K | 4.8K |
Zapp Electric fundamental ratios Correlations
Click cells to compare fundamentals
Zapp Electric Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Also Currently Popular
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.Additional Tools for Zapp Stock Analysis
When running Zapp Electric's price analysis, check to measure Zapp Electric'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 Zapp Electric is operating at the current time. Most of Zapp Electric's value examination focuses on studying past and present price action to predict the probability of Zapp Electric's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Zapp Electric's price. Additionally, you may evaluate how the addition of Zapp Electric to your portfolios can decrease your overall portfolio volatility.