Zoomcar Net Debt vs Cash Analysis

ZCARW Stock

0.02 0 14.39%

Zoomcar Holdings financial indicator trend analysis is more than just analyzing Zoomcar Holdings current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Zoomcar Holdings is a good investment. Please check the relationship between Zoomcar Holdings Net Debt and its Cash accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Zoomcar Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.

For more information on how to buy Zoomcar Stock please use our How to Invest in Zoomcar Holdings guide.

Net Debt vs Cash

Net Debt vs Cash Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Zoomcar Holdings Net Debt account and Cash. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between Zoomcar Holdings' Net Debt and Cash is -0.27. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Cash in the same time period over historical financial statements of Zoomcar Holdings, assuming nothing else is changed. The correlation between historical values of Zoomcar Holdings' Net Debt 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 Net Debt of Zoomcar Holdings 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 Net Debt i.e., Zoomcar Holdings' Net Debt and Cash go up and down completely randomly.

Correlation Coefficient

-0.27

Relationship Direction	Negative
Relationship Strength	Insignificant

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Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.

Cash

Cash refers to the most liquid asset of Zoomcar Holdings, which is listed under current asset account on Zoomcar Holdings balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Zoomcar Holdings customers. The amounts must be unrestricted with restricted cash listed in a different Zoomcar Holdings 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 Zoomcar Holdings' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Zoomcar Holdings 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 Zoomcar Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.

For more information on how to buy Zoomcar Stock please use our How to Invest in Zoomcar Holdings guide.Selling General Administrative is likely to drop to about 13 M in 2024. Issuance Of Capital Stock is expected to grow at the current pace this year

	2021	2022	2023	2024 (projected)
Depreciation And Amortization	3.2M	795.4K	1.0M	971.9K
Interest Income	142.6K	28.9K	47.9K	84.7K

Depreciation And Amortization Interest Income

Zoomcar Holdings fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Long Term Debt	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Capital Lease Obligations	Other Current Assets	Other Stockholder Equity	Total Liab	Net Invested Capital	Long Term Investments	Property Plant And Equipment Gross
Total Assets		0.78	0.95	0.82	-0.56	0.88	0.08	-0.17	0.99	-0.59	0.99	0.92	0.96	-0.8	-0.64	0.99	0.84	0.95	0.55	0.96	0.18	-0.91	0.7	-0.47	0.99	0.91
Short Long Term Debt Total	0.78		0.57	0.84	-0.52	0.95	0.67	0.48	0.8	-0.46	0.7	0.92	0.64	-0.7	-0.24	0.7	0.91	0.93	0.45	0.91	-0.45	-0.93	0.62	-0.37	0.83	0.92
Other Current Liab	0.95	0.57		0.69	-0.45	0.75	-0.18	-0.44	0.92	-0.61	0.98	0.81	0.98	-0.75	-0.73	0.98	0.71	0.82	0.47	0.85	0.42	-0.81	0.6	-0.4	0.91	0.79
Total Current Liabilities	0.82	0.84	0.69		-0.13	0.94	0.5	0.16	0.8	-0.12	0.79	0.94	0.81	-0.42	-0.69	0.79	0.98	0.87	0.09	0.92	-0.31	-0.9	0.3	0.01	0.79	0.96
Total Stockholder Equity	-0.56	-0.52	-0.45	-0.13		-0.38	0.01	-0.1	-0.63	0.85	-0.53	-0.38	-0.34	0.89	-0.21	-0.52	-0.23	-0.59	-1.0	-0.47	-0.21	0.44	-0.98	0.99	-0.65	-0.36
Property Plant And Equipment Net	0.88	0.95	0.75	0.94	-0.38		0.52	0.24	0.88	-0.42	0.84	0.99	0.83	-0.66	-0.52	0.84	0.99	0.96	0.33	0.98	-0.28	-0.99	0.52	-0.24	0.89	1.0
Current Deferred Revenue	0.08	0.67	-0.18	0.5	0.01	0.52		0.92	0.11	0.14	-0.02	0.43	-0.04	-0.03	0.19	-0.02	0.54	0.37	-0.11	0.35	-0.96	-0.43	0.01	0.15	0.14	0.45
Net Debt	-0.17	0.48	-0.44	0.16	-0.1	0.24	0.92		-0.12	0.11	-0.27	0.13	-0.35	0.02	0.55	-0.27	0.22	0.14	0.01	0.08	-0.93	-0.16	0.05	0.0	-0.07	0.16
Retained Earnings	0.99	0.8	0.92	0.8	-0.63	0.88	0.11	-0.12		-0.61	0.98	0.91	0.92	-0.83	-0.58	0.98	0.83	0.96	0.62	0.95	0.16	-0.9	0.76	-0.54	1.0	0.9
Accounts Payable	-0.59	-0.46	-0.61	-0.12	0.85	-0.42	0.14	0.11	-0.61		-0.58	-0.44	-0.49	0.94	-0.09	-0.58	-0.26	-0.57	-0.86	-0.5	-0.36	0.53	-0.86	0.85	-0.65	-0.4
Cash	0.99	0.7	0.98	0.79	-0.53	0.84	-0.02	-0.27	0.98	-0.58		0.89	0.97	-0.78	-0.69	1.0	0.8	0.91	0.53	0.93	0.27	-0.88	0.68	-0.45	0.97	0.87
Non Current Assets Total	0.92	0.92	0.81	0.94	-0.38	0.99	0.43	0.13	0.91	-0.44	0.89		0.88	-0.68	-0.58	0.89	0.98	0.97	0.34	0.99	-0.18	-0.99	0.54	-0.25	0.92	1.0
Non Currrent Assets Other	0.96	0.64	0.98	0.81	-0.34	0.83	-0.04	-0.35	0.92	-0.49	0.97	0.88		-0.67	-0.8	0.97	0.82	0.86	0.34	0.9	0.28	-0.87	0.51	-0.26	0.91	0.87
Other Assets	-0.8	-0.7	-0.75	-0.42	0.89	-0.66	-0.03	0.02	-0.83	0.94	-0.78	-0.68	-0.67		0.11	-0.78	-0.53	-0.8	-0.88	-0.74	-0.23	0.74	-0.94	0.84	-0.86	-0.65
Long Term Debt	-0.64	-0.24	-0.73	-0.69	-0.21	-0.52	0.19	0.55	-0.58	-0.09	-0.69	-0.58	-0.8	0.11		-0.69	-0.6	-0.48	0.19	-0.58	-0.3	0.51	0.03	-0.26	-0.53	-0.59
Cash And Short Term Investments	0.99	0.7	0.98	0.79	-0.52	0.84	-0.02	-0.27	0.98	-0.58	1.0	0.89	0.97	-0.78	-0.69		0.8	0.91	0.52	0.93	0.27	-0.88	0.67	-0.45	0.97	0.87
Net Receivables	0.84	0.91	0.71	0.98	-0.23	0.99	0.54	0.22	0.83	-0.26	0.8	0.98	0.82	-0.53	-0.6	0.8		0.92	0.18	0.95	-0.33	-0.96	0.39	-0.08	0.83	0.99
Common Stock Shares Outstanding	0.95	0.93	0.82	0.87	-0.59	0.96	0.37	0.14	0.96	-0.57	0.91	0.97	0.86	-0.8	-0.48	0.91	0.92		0.55	0.99	-0.11	-0.97	0.72	-0.47	0.97	0.96
Non Current Liabilities Total	0.55	0.45	0.47	0.09	-1.0	0.33	-0.11	0.01	0.62	-0.86	0.53	0.34	0.34	-0.88	0.19	0.52	0.18	0.55		0.44	0.3	-0.4	0.98	-1.0	0.64	0.32
Capital Lease Obligations	0.96	0.91	0.85	0.92	-0.47	0.98	0.35	0.08	0.95	-0.5	0.93	0.99	0.9	-0.74	-0.58	0.93	0.95	0.99	0.44		-0.1	-0.98	0.62	-0.35	0.96	0.99
Other Current Assets	0.18	-0.45	0.42	-0.31	-0.21	-0.28	-0.96	-0.93	0.16	-0.36	0.27	-0.18	0.28	-0.23	-0.3	0.27	-0.33	-0.11	0.3	-0.1		0.18	0.22	-0.33	0.12	-0.22
Other Stockholder Equity	-0.91	-0.93	-0.81	-0.9	0.44	-0.99	-0.43	-0.16	-0.9	0.53	-0.88	-0.99	-0.87	0.74	0.51	-0.88	-0.96	-0.97	-0.4	-0.98	0.18		-0.58	0.31	-0.92	-0.99
Total Liab	0.7	0.62	0.6	0.3	-0.98	0.52	0.01	0.05	0.76	-0.86	0.68	0.54	0.51	-0.94	0.03	0.67	0.39	0.72	0.98	0.62	0.22	-0.58		-0.95	0.78	0.51
Net Invested Capital	-0.47	-0.37	-0.4	0.01	0.99	-0.24	0.15	0.0	-0.54	0.85	-0.45	-0.25	-0.26	0.84	-0.26	-0.45	-0.08	-0.47	-1.0	-0.35	-0.33	0.31	-0.95		-0.56	-0.22
Long Term Investments	0.99	0.83	0.91	0.79	-0.65	0.89	0.14	-0.07	1.0	-0.65	0.97	0.92	0.91	-0.86	-0.53	0.97	0.83	0.97	0.64	0.96	0.12	-0.92	0.78	-0.56		0.91
Property Plant And Equipment Gross	0.91	0.92	0.79	0.96	-0.36	1.0	0.45	0.16	0.9	-0.4	0.87	1.0	0.87	-0.65	-0.59	0.87	0.99	0.96	0.32	0.99	-0.22	-0.99	0.51	-0.22	0.91

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Zoomcar Net Debt vs Cash Analysis

Net Debt vs Cash

Net Debt vs Cash Correlation Analysis

Correlation Coefficient

Net Debt

Cash

Zoomcar Holdings fundamental ratios Correlations

Zoomcar Holdings Account Relationship Matchups

High Positive Relationship

High Negative Relationship

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COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Property Plant And Equipment Gross	+ 1.0	Property Plant And Equipment Net
Long Term Investments	+ 1.0	Retained Earnings
Cash And Short Term Investments	+ 1.0	Cash
Property Plant And Equipment Gross	+ 1.0	Non Current Assets Total
Retained Earnings	+ 0.99	Total Assets
Cash	+ 0.99	Total Assets

Net Invested Capital	- 1.0	Non Current Liabilities Total
Non Current Liabilities Total	- 1.0	Total Stockholder Equity
Property Plant And Equipment Gross	- 0.99	Other Stockholder Equity
Other Stockholder Equity	- 0.99	Non Current Assets Total
Other Stockholder Equity	- 0.99	Property Plant And Equipment Net
Other Stockholder Equity	- 0.98	Capital Lease Obligations