Zedge Free Cash Flow Per Share vs Days Sales Outstanding Analysis
ZDGE Stock | USD 2.79 0.14 5.28% |
Zedge financial indicator trend analysis is more than just analyzing Zedge Inc current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Zedge Inc is a good investment. Please check the relationship between Zedge Free Cash Flow Per Share and its Days Sales Outstanding accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Zedge Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.
Free Cash Flow Per Share vs Days Sales Outstanding
Free Cash Flow Per Share vs Days Sales Outstanding Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Zedge Inc Free Cash Flow Per Share account and Days Sales Outstanding. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Zedge's Free Cash Flow Per Share and Days Sales Outstanding is -0.58. Overlapping area represents the amount of variation of Free Cash Flow Per Share that can explain the historical movement of Days Sales Outstanding in the same time period over historical financial statements of Zedge Inc, assuming nothing else is changed. The correlation between historical values of Zedge's Free Cash Flow Per Share and Days Sales Outstanding is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Free Cash Flow Per Share of Zedge Inc are associated (or correlated) with its Days Sales Outstanding. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Days Sales Outstanding has no effect on the direction of Free Cash Flow Per Share i.e., Zedge's Free Cash Flow Per Share and Days Sales Outstanding go up and down completely randomly.
Correlation Coefficient | -0.58 |
Relationship Direction | Negative |
Relationship Strength | Very Weak |
Free Cash Flow Per Share
The amount of cash a company generates after accounting for capital expenditures, divided by the number of outstanding shares. It represents the cash available for dividends, share buybacks, or debt repayment per share.Days Sales Outstanding
Most indicators from Zedge's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Zedge Inc 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 Zedge Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price. At present, Zedge's Enterprise Value Over EBITDA is projected to increase significantly based on the last few years of reporting. The current year's Enterprise Value Multiple is expected to grow to 12.57, whereas Issuance Of Capital Stock is forecasted to decline to about 10 M.
2021 | 2023 | 2024 (projected) | Interest Expense | 49K | 44.1K | 41.9K | Depreciation And Amortization | 2.0M | 2.5M | 1.5M |
Zedge fundamental ratios Correlations
Click cells to compare fundamentals
Zedge Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Zedge fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 12.0M | 37.5M | 54.6M | 46.8M | 38.2M | 25.0M | |
Other Current Liab | 978K | 1.1M | 3.6M | 2.3M | 2.7M | 1.5M | |
Total Current Liabilities | 2.8M | 4.2M | 8.7M | 5.8M | 6.3M | 3.8M | |
Total Stockholder Equity | 8.9M | 33.2M | 44.2M | 38.9M | 30.9M | 20.6M | |
Net Tangible Assets | 4.7M | 8.9M | 30.9M | 12.4M | 14.2M | 10.2M | |
Property Plant And Equipment Net | 2.6M | 2.0M | 1.7M | 2.2M | 2.5M | 2.5M | |
Current Deferred Revenue | 1.3M | 1.8M | 3.4M | 2.4M | 2.2M | 1.3M | |
Net Debt | (4.8M) | (24.7M) | (16.9M) | (16.1M) | (19.8M) | (18.8M) | |
Retained Earnings | (15.8M) | (7.6M) | 2.2M | (3.9M) | (13.1M) | (13.8M) | |
Accounts Payable | 290K | 585K | 1.2M | 669K | 1.1M | 1.2M | |
Cash | 5.1M | 24.9M | 17.1M | 18.1M | 20.0M | 10.4M | |
Non Current Assets Total | 5.3M | 9.9M | 34.7M | 25.3M | 14.2M | 12.0M | |
Non Currrent Assets Other | 471K | 5.1M | 400K | 556K | 141K | 134.0K | |
Other Assets | 120K | 154K | 5.6M | 1K | 1.2K | 1.1K | |
Cash And Short Term Investments | 5.1M | 24.9M | 17.1M | 18.1M | 20.0M | 10.4M | |
Net Receivables | 1.4M | 2.5M | 2.4M | 2.9M | 4.0M | 2.2M | |
Good Will | 2.2M | 2.3M | 10.8M | 2.0M | 1.8M | 3.4M | |
Common Stock Total Equity | 103K | 104K | 123K | 5K | 5.8K | 5.5K | |
Common Stock Shares Outstanding | 11.1M | 14.0M | 14.9M | 14.1M | 14.1M | 12.5M | |
Liabilities And Stockholders Equity | 12.0M | 37.5M | 54.6M | 46.8M | 38.2M | 25.0M | |
Non Current Liabilities Total | 282K | 145K | 1.8M | 2.2M | 1.0M | 690.4K | |
Inventory | 123K | 111K | 1.0 | (569K) | (593K) | (563.4K) | |
Other Current Assets | 113K | 160K | 396K | 569K | 593K | 307.7K | |
Other Stockholder Equity | 25.6M | 41.6M | 43.3M | 44.2M | 45.7M | 32.4M | |
Total Liab | 3.1M | 4.3M | 10.4M | 8.0M | 7.3M | 4.4M | |
Property Plant And Equipment Gross | 2.6M | 8.2M | 8.9M | 10.0M | 11.1M | 11.7M | |
Total Current Assets | 6.8M | 27.6M | 19.9M | 21.6M | 24.0M | 13.0M | |
Accumulated Other Comprehensive Income | (1.1M) | (997K) | (1.4M) | (1.5M) | (1.8M) | (1.7M) | |
Short Term Debt | 232K | 86K | 142K | 124K | 85K | 80.8K | |
Common Stock | 104K | 123K | 144K | 151K | 154K | 111.8K | |
Property Plant Equipment | 3.4M | 2.6M | 2.0M | 1.7M | 1.9M | 2.5M | |
Retained Earnings Total Equity | (11.9M) | (15.2M) | (15.8M) | (7.6M) | (6.8M) | (7.1M) | |
Capital Surpluse | 22.5M | 23.1M | 25.7M | 41.7M | 47.9M | 27.2M | |
Net Invested Capital | 9.1M | 33.2M | 44.2M | 40.8M | 30.9M | 25.6M |
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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.When determining whether Zedge Inc is a strong investment it is important to analyze Zedge's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Zedge's future performance. For an informed investment choice regarding Zedge Stock, refer to the following important reports:Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Zedge Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price. You can also try the Equity Search module to search for actively traded equities including funds and ETFs from over 30 global markets.
Is Interactive Media & Services space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Zedge. If investors know Zedge will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Zedge listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.96) | Earnings Share (0.65) | Revenue Per Share 2.135 | Quarterly Revenue Growth 0.143 | Return On Assets 0.0023 |
The market value of Zedge Inc is measured differently than its book value, which is the value of Zedge that is recorded on the company's balance sheet. Investors also form their own opinion of Zedge's value that differs from its market value or its book value, called intrinsic value, which is Zedge's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Zedge's market value can be influenced by many factors that don't directly affect Zedge's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Zedge's value and its price as these two are different measures arrived at by different means. Investors typically determine if Zedge is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Zedge's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.