Zenvia Property Plant And Equipment Net vs Other Current Assets Analysis

ZENV Stock  USD 1.64  0.08  4.65%   
Zenvia financial indicator trend analysis is more than just analyzing Zenvia Inc current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Zenvia Inc is a good investment. Please check the relationship between Zenvia Property Plant And Equipment Net and its Other Current Assets accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Zenvia 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 board of governors.

Property Plant And Equipment Net vs Other Current Assets

Property Plant And Equipment Net vs Other Current Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Zenvia Inc Property Plant And Equipment Net account and Other Current Assets. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Zenvia's Property Plant And Equipment Net and Other Current Assets is -0.11. Overlapping area represents the amount of variation of Property Plant And Equipment Net that can explain the historical movement of Other Current Assets in the same time period over historical financial statements of Zenvia Inc, assuming nothing else is changed. The correlation between historical values of Zenvia's Property Plant And Equipment Net and Other Current Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant And Equipment Net of Zenvia Inc are associated (or correlated) with its Other Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Assets has no effect on the direction of Property Plant And Equipment Net i.e., Zenvia's Property Plant And Equipment Net and Other Current Assets go up and down completely randomly.

Correlation Coefficient

-0.11
Relationship DirectionNegative 
Relationship StrengthInsignificant

Property Plant And Equipment Net

The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.

Other Current Assets

Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.
Most indicators from Zenvia's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Zenvia 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 Zenvia 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 board of governors.
Tax Provision is likely to climb to about (79.9 M) in 2024. Selling General Administrative is likely to drop to about 113 M in 2024
 2021 2022 2023 2024 (projected)
Depreciation And Amortization41.1M75.0M87.8M48.5M
Interest Income32.8M33.4M7.3M6.9M

Zenvia fundamental ratios Correlations

0.940.7-0.42-0.720.780.920.040.910.850.950.790.940.780.95-0.36-0.670.720.90.850.750.730.940.890.74-0.79
0.940.86-0.68-0.880.890.980.170.960.690.970.880.960.730.92-0.31-0.420.520.980.920.590.520.990.960.88-0.86
0.70.86-0.91-1.00.990.840.280.80.380.80.820.810.530.74-0.07-0.020.120.880.890.320.130.860.80.83-0.76
-0.42-0.68-0.910.91-0.85-0.65-0.34-0.6-0.04-0.58-0.72-0.58-0.27-0.460.04-0.340.21-0.71-0.730.030.21-0.65-0.67-0.720.65
-0.72-0.88-1.00.91-0.98-0.86-0.22-0.81-0.39-0.82-0.87-0.82-0.53-0.750.110.04-0.14-0.9-0.9-0.33-0.15-0.87-0.83-0.840.78
0.780.890.99-0.85-0.980.870.250.820.490.840.820.850.590.79-0.16-0.150.240.90.940.420.240.890.850.82-0.82
0.920.980.84-0.65-0.860.870.080.990.760.970.880.990.830.96-0.21-0.470.590.980.90.680.590.980.930.93-0.83
0.040.170.28-0.34-0.220.250.080.11-0.120.12-0.20.1-0.060.04-0.010.29-0.250.180.19-0.19-0.250.150.180.19-0.17
0.910.960.8-0.6-0.810.820.990.110.790.980.830.990.870.97-0.11-0.50.620.980.840.730.630.980.880.95-0.76
0.850.690.38-0.04-0.390.490.76-0.120.790.770.50.820.930.88-0.19-0.920.960.690.620.980.960.720.640.63-0.58
0.950.970.8-0.58-0.820.840.970.120.980.770.850.990.780.97-0.15-0.510.60.980.840.690.610.990.880.89-0.74
0.790.880.82-0.72-0.870.820.88-0.20.830.50.850.830.580.78-0.2-0.240.340.870.80.430.340.870.830.79-0.73
0.940.960.81-0.58-0.820.850.990.10.990.820.990.830.860.99-0.13-0.550.650.980.870.760.660.990.880.92-0.77
0.780.730.53-0.27-0.530.590.83-0.060.870.930.780.580.860.89-0.06-0.740.840.760.690.930.840.760.690.81-0.64
0.950.920.74-0.46-0.750.790.960.040.970.880.970.780.990.89-0.1-0.650.740.940.810.830.740.960.830.88-0.71
-0.36-0.31-0.070.040.11-0.16-0.21-0.01-0.11-0.19-0.15-0.2-0.13-0.06-0.10.28-0.24-0.1-0.43-0.04-0.23-0.16-0.530.080.63
-0.67-0.42-0.02-0.340.04-0.15-0.470.29-0.5-0.92-0.51-0.24-0.55-0.74-0.650.28-0.98-0.37-0.34-0.91-0.98-0.44-0.39-0.280.35
0.720.520.120.21-0.140.240.59-0.250.620.960.60.340.650.840.74-0.24-0.980.490.420.951.00.540.490.43-0.42
0.90.980.88-0.71-0.90.90.980.180.980.690.980.870.980.760.94-0.1-0.370.490.870.610.50.990.890.94-0.76
0.850.920.89-0.73-0.90.940.90.190.840.620.840.80.870.690.81-0.43-0.340.420.870.520.420.870.950.78-0.96
0.750.590.320.03-0.330.420.68-0.190.730.980.690.430.760.930.83-0.04-0.910.950.610.520.950.650.510.6-0.45
0.730.520.130.21-0.150.240.59-0.250.630.960.610.340.660.840.74-0.23-0.981.00.50.420.950.550.490.45-0.42
0.940.990.86-0.65-0.870.890.980.150.980.720.990.870.990.760.96-0.16-0.440.540.990.870.650.550.90.91-0.78
0.890.960.8-0.67-0.830.850.930.180.880.640.880.830.880.690.83-0.53-0.390.490.890.950.510.490.90.79-0.96
0.740.880.83-0.72-0.840.820.930.190.950.630.890.790.920.810.880.08-0.280.430.940.780.60.450.910.79-0.68
-0.79-0.86-0.760.650.78-0.82-0.83-0.17-0.76-0.58-0.74-0.73-0.77-0.64-0.710.630.35-0.42-0.76-0.96-0.45-0.42-0.78-0.96-0.68
Click cells to compare fundamentals

Zenvia Account Relationship Matchups

Zenvia fundamental ratios Accounts

201920202021202220232024 (projected)
Other Current Liab15.2M44.6M202.6M102.7M196.1M105.7M
Total Current Liabilities74.8M226.4M429.9M476.3M607.4M346.2M
Other Liab24.6M66.6M65.0M294.4M338.6M355.5M
Net Tangible Assets(49.8M)(166.1M)152.8M(423.9M)(381.5M)(362.4M)
Retained Earnings5.5M(21.4M)(15.6M)(258.6M)(319.6M)(303.6M)
Accounts Payable39.2M100.0M144.4M264.7M354.0M371.7M
Net Receivables64.8M86.0M142.4M156.0M148.8M119.4M
Other Current Assets750K8.7M41.4M48.8M37.8M25.2M
Total Current Assets79.1M154.7M766.1M313.2M250.3M305.7M
Property Plant Equipment17.5M12.5M15.7M19.6M22.5M16.4M

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