ZoomInfo Net Tangible Assets vs Other Current Assets Analysis

ZI Stock  USD 11.00  0.11  1.01%   
ZoomInfo Technologies financial indicator trend analysis is more than just analyzing ZoomInfo Technologies current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether ZoomInfo Technologies is a good investment. Please check the relationship between ZoomInfo Technologies Net Tangible Assets and its Other Current Assets accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in ZoomInfo Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
For more detail on how to invest in ZoomInfo Stock please use our How to Invest in ZoomInfo Technologies guide.

Net Tangible Assets vs Other Current Assets

Net Tangible Assets vs Other Current Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of ZoomInfo Technologies Net Tangible Assets account and Other Current Assets. At this time, the significance of the direction appears to have strong relationship.
The correlation between ZoomInfo Technologies' Net Tangible Assets and Other Current Assets is 0.78. Overlapping area represents the amount of variation of Net Tangible Assets that can explain the historical movement of Other Current Assets in the same time period over historical financial statements of ZoomInfo Technologies, assuming nothing else is changed. The correlation between historical values of ZoomInfo Technologies' Net Tangible Assets 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 Net Tangible Assets of ZoomInfo Technologies 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 Net Tangible Assets i.e., ZoomInfo Technologies' Net Tangible Assets and Other Current Assets go up and down completely randomly.

Correlation Coefficient

0.78
Relationship DirectionPositive 
Relationship StrengthSignificant

Net Tangible Assets

The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.

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 ZoomInfo Technologies' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into ZoomInfo Technologies 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 ZoomInfo Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
For more detail on how to invest in ZoomInfo Stock please use our How to Invest in ZoomInfo Technologies guide.As of now, ZoomInfo Technologies' Tax Provision is increasing as compared to previous years. The ZoomInfo Technologies' current Sales General And Administrative To Revenue is estimated to increase to 0.14, while Selling General Administrative is projected to decrease to under 93.1 M.
 2023 2024 (projected)
Depreciation And Amortization80.6M65.0M
Interest Income117.8M88.3M

ZoomInfo Technologies fundamental ratios Correlations

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0.950.860.860.920.940.860.910.930.610.960.90.90.950.851.00.850.890.930.920.960.730.950.90.950.31
0.770.50.590.680.830.860.650.710.180.890.740.730.770.710.870.490.740.710.670.820.360.750.780.750.09
0.960.940.971.00.930.910.650.990.680.870.950.960.950.830.910.930.950.991.00.930.940.950.950.960.36
0.980.920.981.00.970.930.710.990.630.890.950.980.980.820.930.910.980.991.00.960.910.970.950.980.39
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0.940.870.920.950.940.90.740.950.950.570.880.940.930.890.890.850.960.970.950.930.820.920.990.930.12
0.960.830.970.980.960.90.730.960.980.470.910.940.950.830.90.821.00.980.970.930.880.920.950.930.34
1.00.90.920.970.990.950.770.950.980.630.880.930.950.750.950.890.940.960.971.00.831.00.931.00.45
0.770.750.820.820.770.850.710.830.820.480.90.890.830.750.850.730.850.850.820.760.690.740.890.76-0.14
0.950.860.860.920.941.00.870.910.930.590.960.890.90.950.850.850.90.930.920.960.730.950.90.950.31
0.891.00.890.910.830.850.490.930.910.90.730.850.820.890.730.850.810.90.930.860.90.920.820.920.41
0.950.830.970.970.960.890.740.950.980.460.910.961.00.940.850.90.810.980.960.930.860.910.960.920.27
0.970.910.971.00.960.930.710.990.990.610.90.970.980.960.850.930.90.980.990.950.910.950.970.960.32
0.980.940.971.00.950.920.671.01.00.680.880.950.970.970.820.920.930.960.990.950.930.970.950.970.38
0.990.870.890.950.990.960.820.930.960.60.90.930.931.00.760.960.860.930.950.950.780.990.940.990.4
0.840.910.950.920.790.730.360.940.910.690.680.820.880.830.690.730.90.860.910.930.780.820.80.840.46
0.990.920.90.960.980.950.750.950.970.690.860.920.921.00.740.950.920.910.950.970.990.820.921.00.44
0.940.830.90.950.950.90.780.950.950.510.90.990.950.930.890.90.820.960.970.950.940.80.920.930.13
1.00.930.920.970.980.950.750.960.980.690.870.930.931.00.760.950.920.920.960.970.990.841.00.930.44
0.430.40.380.390.390.310.090.360.390.360.170.120.340.45-0.140.310.410.270.320.380.40.460.440.130.44
Click cells to compare fundamentals

ZoomInfo Technologies Account Relationship Matchups

ZoomInfo Technologies fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.6B2.3B6.9B7.1B6.9B4.6B
Short Long Term Debt Total1.2B784.5M1.3B1.3B1.3B1.2B
Other Current Liab63.4M103.6M105.6M139.8M134M101.9M
Total Current Liabilities241.7M320.8M507.6M572.7M638.4M430.2M
Total Stockholder Equity(213.8M)502.8M2.0B2.3B2.1B1.2B
Other Liab95.1M286.1M3.1B3.0B3.4B3.6B
Net Tangible Assets(1.6B)(863M)(8.2M)183.5M211.0M221.6M
Property Plant And Equipment Net60.1M63M101.5M115.1M145.8M90.8M
Current Deferred Revenue157.7M221.3M361.5M416.8M439.6M302.3M
Net Debt1.2B514.7M994.2M895.9M886.4M939.1M
Retained Earnings(207.8M)(4M)112.8M176M283.3M297.5M
Accounts Payable7.9M8.6M15.9M35.6M34.4M19.1M
Cash41.4M269.8M308.3M418M447.1M273.8M
Non Current Assets Total1.4B1.9B6.3B6.3B6.0B4.1B
Non Currrent Assets Other16.2M27.7M5.8M86.4M99.9M104.9M
Other Assets16.2M477M4.2B4.1B4.7B5.0B
Long Term Debt1.2B744.9M1.2B1.2B1.2B1.1B
Cash And Short Term Investments41.4M300.4M326.7M545.7M529.3M321.3M
Net Receivables90.8M123.6M190.7M234.2M281.1M174.5M
Good Will966.8M1.0B1.6B1.7B1.9B1.4B
Common Stock Shares Outstanding154.7M173.8M394.0M403.4M397.5M305.6M
Liabilities And Stockholders Equity1.6B2.3B6.9B7.1B6.9B4.6B
Non Current Liabilities Total1.5B1.1B4.3B4.3B4.1B2.9B
Capital Lease Obligations44.7M39.6M69.6M78.2M101.1M61.1M
Other Current Assets8.3M15.5M27.1M52.1M59.8M30.7M
Total Liab1.8B1.4B4.9B4.9B4.7B3.4B
Deferred Long Term Liab16.2M27.7M77.8M1M1.2M1.1M
Net Invested Capital989.5M1.2B3.2B3.5B3.4B2.4B
Total Current Assets148.2M454.2M545.7M832M864.3M529.7M
Accumulated Other Comprehensive Income(6M)(2.4M)9.5M39.7M27.3M28.7M
Non Current Liabilities Other14.3M278.8M3.0B3.1B3.5M3.3M
Net Working Capital(93.5M)133.4M38.1M259.3M225.9M237.2M
Short Term Debt12.7M12M16.2M20.6M28.4M16.8M
Intangible Assets370.6M365.7M431M395.6M334.6M364.1M
Property Plant Equipment60.1M63M101.5M52.1M59.9M63.0M

Currently Active Assets on Macroaxis

Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in ZoomInfo Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
For more detail on how to invest in ZoomInfo Stock please use our How to Invest in ZoomInfo Technologies guide.
You can also try the Latest Portfolios module to quick portfolio dashboard that showcases your latest portfolios.
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 ZoomInfo Technologies. If investors know ZoomInfo 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 ZoomInfo Technologies 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
(0.12)
Earnings Share
0.04
Revenue Per Share
3.275
Quarterly Revenue Growth
(0.03)
Return On Assets
0.0184
The market value of ZoomInfo Technologies is measured differently than its book value, which is the value of ZoomInfo that is recorded on the company's balance sheet. Investors also form their own opinion of ZoomInfo Technologies' value that differs from its market value or its book value, called intrinsic value, which is ZoomInfo Technologies' 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 ZoomInfo Technologies' market value can be influenced by many factors that don't directly affect ZoomInfo Technologies' 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 ZoomInfo Technologies' value and its price as these two are different measures arrived at by different means. Investors typically determine if ZoomInfo Technologies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ZoomInfo Technologies' 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.