Zepp Total Assets vs Capital Surpluse Analysis

ZEPP Stock  USD 3.08  0.01  0.32%   
Zepp Health financial indicator trend analysis is more than just analyzing Zepp Health Corp current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Zepp Health Corp is a good investment. Please check the relationship between Zepp Health Total Assets and its Capital Surpluse accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Zepp Health Corp. 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.

Total Assets vs Capital Surpluse

Total Assets vs Capital Surpluse Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Zepp Health Corp Total Assets account and Capital Surpluse. At this time, the significance of the direction appears to have strong relationship.
The correlation between Zepp Health's Total Assets and Capital Surpluse is 0.65. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Capital Surpluse in the same time period over historical financial statements of Zepp Health Corp, assuming nothing else is changed. The correlation between historical values of Zepp Health's Total Assets and Capital Surpluse 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 Assets of Zepp Health Corp are associated (or correlated) with its Capital Surpluse. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capital Surpluse has no effect on the direction of Total Assets i.e., Zepp Health's Total Assets and Capital Surpluse go up and down completely randomly.

Correlation Coefficient

0.65
Relationship DirectionPositive 
Relationship StrengthSignificant

Total Assets

Total assets refers to the total amount of Zepp Health assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Zepp Health Corp books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Capital Surpluse

Most indicators from Zepp Health's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Zepp Health Corp 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 Zepp Health Corp. 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.
As of 12/10/2024, Selling General Administrative is likely to grow to about 207.1 M, though Tax Provision is likely to grow to (15 M).
 2021 2022 2023 2024 (projected)
Gross Profit1.3B803.1M657.8M903.0M
Total Revenue6.3B4.1B2.5B4.1B

Zepp Health fundamental ratios Correlations

0.750.710.880.80.620.960.54-0.40.860.430.920.870.010.810.80.730.390.610.650.890.710.430.990.380.7
0.750.620.570.680.580.74-0.010.290.72-0.110.450.97-0.430.430.380.590.170.890.540.770.830.170.720.670.62
0.710.620.830.840.780.820.46-0.240.88-0.120.680.67-0.250.810.60.77-0.140.40.760.890.820.710.680.620.93
0.880.570.830.910.830.880.69-0.480.940.40.860.71-0.170.950.940.84-0.010.320.850.950.710.750.840.540.85
0.80.680.840.910.960.790.43-0.230.980.230.710.78-0.460.890.790.98-0.220.370.960.950.850.810.720.780.93
0.620.580.780.830.960.620.33-0.110.920.110.530.66-0.630.820.720.93-0.470.240.990.880.80.870.520.880.91
0.960.740.820.880.790.620.6-0.380.860.260.890.840.020.80.760.690.350.620.620.910.740.460.970.40.77
0.54-0.010.460.690.430.330.6-0.760.460.60.710.140.250.670.790.390.19-0.150.360.490.070.480.57-0.070.48
-0.40.29-0.24-0.48-0.23-0.11-0.38-0.76-0.25-0.65-0.720.1-0.59-0.62-0.56-0.27-0.30.38-0.21-0.230.12-0.42-0.410.37-0.17
0.860.720.880.940.980.920.860.46-0.250.210.760.83-0.370.890.810.93-0.120.470.920.990.880.760.790.750.94
0.43-0.11-0.120.40.230.110.260.6-0.650.210.530.10.30.390.660.260.35-0.160.190.19-0.130.170.43-0.220.03
0.920.450.680.860.710.530.890.71-0.720.760.530.610.240.890.80.680.40.290.590.770.490.520.90.140.61
0.870.970.670.710.780.660.840.140.10.830.10.61-0.330.570.560.690.210.850.640.860.870.30.830.660.69
0.01-0.43-0.25-0.17-0.46-0.630.020.25-0.59-0.370.30.24-0.33-0.11-0.1-0.460.72-0.14-0.56-0.33-0.43-0.360.11-0.83-0.45
0.810.430.810.950.890.820.80.67-0.620.890.390.890.57-0.110.870.86-0.060.130.860.880.620.840.750.460.81
0.80.380.60.940.790.720.760.79-0.560.810.660.80.56-0.10.870.720.030.160.750.810.50.670.770.40.69
0.730.590.770.840.980.930.690.39-0.270.930.260.680.69-0.460.860.72-0.270.250.950.870.770.820.630.730.89
0.390.17-0.14-0.01-0.22-0.470.350.19-0.3-0.120.350.40.210.72-0.060.03-0.270.42-0.43-0.05-0.15-0.550.49-0.59-0.3
0.610.890.40.320.370.240.62-0.150.380.47-0.160.290.85-0.140.130.160.250.420.180.530.7-0.170.640.420.36
0.650.540.760.850.960.990.620.36-0.210.920.190.590.64-0.560.860.750.95-0.430.180.870.760.890.530.820.87
0.890.770.890.950.950.880.910.49-0.230.990.190.770.86-0.330.880.810.87-0.050.530.870.880.70.840.710.91
0.710.830.820.710.850.80.740.070.120.88-0.130.490.87-0.430.620.50.77-0.150.70.760.880.540.660.830.84
0.430.170.710.750.810.870.460.48-0.420.760.170.520.3-0.360.840.670.82-0.55-0.170.890.70.540.330.620.79
0.990.720.680.840.720.520.970.57-0.410.790.430.90.830.110.750.770.630.490.640.530.840.660.330.280.64
0.380.670.620.540.780.880.4-0.070.370.75-0.220.140.66-0.830.460.40.73-0.590.420.820.710.830.620.280.77
0.70.620.930.850.930.910.770.48-0.170.940.030.610.69-0.450.810.690.89-0.30.360.870.910.840.790.640.77
Click cells to compare fundamentals

Zepp Health Account Relationship Matchups

Zepp Health fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets5.2B5.9B6.1B5.3B636.5M604.7M
Short Long Term Debt Total111.3M680.9M1.3B1.7B196.1M186.3M
Other Current Liab402.1M1.9B1.4B638.2M949.0M708.9M
Total Current Liabilities2.5B2.8B2.2B1.7B1.1B1.6B
Total Stockholder Equity2.5B2.7B2.9B2.7B2.5B1.9B
Other Liab61.2M119.0M207.5M202.0M232.3M243.9M
Net Tangible Assets1.7B2.4B2.5B2.7B3.1B3.3B
Property Plant And Equipment Net173.0M275.8M242.3M166.2M15.8M15.0M
Current Deferred Revenue44.8M42.5M4.2M2.1M7.8M7.5M
Net Debt(1.7B)(1.6B)(208.7M)797.7M62.2M65.3M
Retained Earnings910.6M1.1B1.3B942.8M730.7M675.6M
Accounts Payable2.0B298.7M206.7M464.3M44.5M42.2M
Cash1.8B2.3B1.5B886.6M133.9M127.2M
Non Current Assets Total782.3M1.1B2.2B2.3B319.3M303.3M
Non Currrent Assets Other8.8M28.2M19.6M56.7M45.1M47.4M
Other Assets111.5M148.4M19.6M(1.9B)(1.7B)(1.7B)
Cash And Short Term Investments1.8B2.3B1.5B920.9M985.6M1.2B
Net Receivables1.6B1.2B825.8M802.4M466.5M842.3M
Common Stock Shares Outstanding64.0M65.1M66.1M61.6M15.2M14.4M
Short Term Investments17.2M23.4M24.4M34.3M36.6M37.4M
Liabilities And Stockholders Equity5.2B5.9B6.1B5.3B636.5M604.7M
Non Current Liabilities Total195.4M383.8M999.9M914.1M127.9M121.5M
Capital Lease Obligations109.2M116.2M71.1M31.7M50.2M46.2M
Inventory893.8M1.2B1.2B1.0B602.7M733.6M
Other Current Assets67.4M157.8M363.0M213.3M169.6M133.3M
Other Stockholder Equity1.5B1.6B1.1B144.7M1.7B1.8B
Total Liab2.7B3.2B3.2B2.6B283.2M269.1M
Long Term Investments406.1M444.0M1.6B1.7B1.7B1.8B
Property Plant And Equipment Gross173.0M275.8M242.3M166.2M260.8M146.7M
Short Long Term Debt2.2M504.7M461.8M968.4M487.6M307.0M
Total Current Assets4.4B4.8B3.9B3.0B2.2B2.9B
Accumulated Other Comprehensive Income111.1M44.6M29.3M105.8M13.6M12.9M
Non Current Liabilities Other113.6M185.2M175.1M162.6M1.9M1.8M
Short Term Debt35.0M512.0M511.9M554.3M96.3M91.5M
Intangible Assets85.8M145.2M135.6M123.3M9.9M9.4M
Common Stock155K157K159K162K23.1K22.0K

Pair Trading with Zepp Health

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Zepp Health position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Zepp Health will appreciate offsetting losses from the drop in the long position's value.

Moving against Zepp Stock

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The ability to find closely correlated positions to Zepp Health could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Zepp Health when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Zepp Health - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Zepp Health Corp to buy it.
The correlation of Zepp Health is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Zepp Health moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Zepp Health Corp moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Zepp Health can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Additional Tools for Zepp Stock Analysis

When running Zepp Health's price analysis, check to measure Zepp Health'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 Zepp Health is operating at the current time. Most of Zepp Health's value examination focuses on studying past and present price action to predict the probability of Zepp Health's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Zepp Health's price. Additionally, you may evaluate how the addition of Zepp Health to your portfolios can decrease your overall portfolio volatility.