ZIM Net Receivables vs Long Term Investments Analysis
ZIM Stock | USD 20.34 0.26 1.26% |
ZIM Integrated financial indicator trend analysis is more than just analyzing ZIM Integrated Shipping current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether ZIM Integrated Shipping is a good investment. Please check the relationship between ZIM Integrated Net Receivables and its Long Term Investments accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in ZIM Integrated Shipping. 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.
Net Receivables vs Long Term Investments
Net Receivables vs Long Term Investments Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of ZIM Integrated Shipping Net Receivables account and Long Term Investments. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between ZIM Integrated's Net Receivables and Long Term Investments is 0.54. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Long Term Investments in the same time period over historical financial statements of ZIM Integrated Shipping, assuming nothing else is changed. The correlation between historical values of ZIM Integrated's Net Receivables and Long Term Investments 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 Receivables of ZIM Integrated Shipping are associated (or correlated) with its Long Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Investments has no effect on the direction of Net Receivables i.e., ZIM Integrated's Net Receivables and Long Term Investments go up and down completely randomly.
Correlation Coefficient | 0.54 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Net Receivables
Long Term Investments
Long Term Investments is an item on the asset side of ZIM Integrated balance sheet that represents investments ZIM Integrated Shipping intends to hold for over a year. ZIM Integrated Shipping long term investments may include different instruments such as stocks, bonds, real estate and cash.Most indicators from ZIM Integrated's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into ZIM Integrated Shipping 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 ZIM Integrated Shipping. 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. As of the 11th of December 2024, Enterprise Value is likely to grow to about 9.1 B, while Tax Provision is likely to drop about 4.1 M.
2021 | 2022 | 2023 | 2024 (projected) | Depreciation And Amortization | 779.2M | 1.4B | 1.5B | 1.5B | Interest Income | 150.1M | 96.5M | 119.5M | 125.5M |
ZIM Integrated fundamental ratios Correlations
Click cells to compare fundamentals
ZIM Integrated Account Relationship Matchups
High Positive Relationship
High Negative Relationship
ZIM Integrated fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Other Current Liab | 78.5M | 107.5M | 1.3B | 507.7M | 203M | 327.9M | |
Total Current Liabilities | 926.3M | 1.2B | 2.8B | 2.7B | 2.5B | 1.7B | |
Other Liab | 68.3M | 67.0M | 186.2M | 196.6M | 226.1M | 113.2M | |
Net Tangible Assets | (322.6M) | 200.8M | 4.5B | 5.8B | 6.7B | 7.0B | |
Retained Earnings | (2.0B) | (1.5B) | 2.6B | 3.9B | 437.2M | 459.1M | |
Accounts Payable | 350.8M | 305.0M | 433.9M | 427.2M | 414.6M | 391.4M | |
Other Assets | 6.4M | 6.8M | 134.1M | 2.3M | 2.6M | 2.5M | |
Net Receivables | 291.5M | 490.0M | 1.2B | 800.8M | 562.5M | 570.5M | |
Inventory | 60.3M | 52.2M | 119.0M | 190.7M | 179.3M | 106.9M | |
Other Current Assets | 37.1M | 30.0M | 55.8M | 24.9M | 34M | 35.2M | |
Other Stockholder Equity | (1.1B) | 1.8T | (923.2M) | (925.9M) | (1.1B) | (1.0B) | |
Total Current Assets | 630.8M | 1.2B | 5.1B | 4.3B | 2.6B | 2.1B | |
Property Plant Equipment | 1.2B | 1.5B | 4.4B | 5.8B | 6.6B | 6.9B | |
Common Stock Shares Outstanding | 117.5M | 120.1M | 118.9M | 120.4M | 120.2M | 126.0M | |
Total Assets | 1.9B | 2.8B | 9.8B | 11.6B | 8.3B | 6.7B | |
Short Long Term Debt Total | 1.5B | 1.8B | 3.3B | 4.3B | 5.0B | 3.2B | |
Total Stockholder Equity | (257.7M) | 267.3M | 4.6B | 5.9B | 2.5B | 2.3B | |
Property Plant And Equipment Net | 1.2B | 1.5B | 4.4B | 5.8B | 4.6B | 3.4B | |
Current Deferred Revenue | 141.5M | 230.5M | 618.3M | 238.9M | 207.6M | 292.4M | |
Net Debt | 1.4B | 1.3B | 1.8B | 3.3B | 4.1B | 2.4B | |
Cash | 182.8M | 570.4M | 1.5B | 1.0B | 921.5M | 811.5M | |
Non Current Assets Total | 1.3B | 1.6B | 4.8B | 7.4B | 5.8B | 4.0B | |
Non Currrent Assets Other | 5.3M | 5.3M | 107.0M | 112.1M | 97.9M | 62.3M | |
Long Term Debt | 541.9M | 519.5M | 120.8M | 78.2M | 62.1M | 59.0M | |
Cash And Short Term Investments | 241.8M | 629.4M | 3.7B | 3.3B | 1.8B | 1.8B | |
Short Term Investments | 59.0M | 59.0M | 2.1B | 2.2B | 874.1M | 997.0M | |
Long Term Debt Total | 1.2B | 1.3B | 2.3B | 2.9B | 3.3B | 1.9B | |
Liabilities And Stockholders Equity | 1.9B | 2.8B | 9.8B | 11.6B | 8.3B | 6.7B | |
Non Current Liabilities Total | 1.3B | 1.4B | 2.5B | 3.1B | 3.4B | 2.3B | |
Capital Lease Obligations | 857.3M | 1.2B | 3.1B | 4.2B | 4.9B | 2.7B | |
Total Liab | 2.2B | 2.5B | 5.2B | 5.7B | 5.9B | 4.3B | |
Net Invested Capital | 424.3M | 925.3M | 4.8B | 6.1B | 2.6B | 2.8B | |
Long Term Investments | 11.2M | 13.3M | 181.4M | 1.4B | 935.1M | 981.9M | |
Property Plant And Equipment Gross | 1.2B | 1.5B | 4.4B | 5.8B | 10.9B | 11.5B | |
Short Long Term Debt | 140.1M | 138.6M | 130.7M | 96.1M | 48.2M | 45.8M | |
Accumulated Other Comprehensive Income | 1.8B | 1.8B | 2.0B | 2.0B | 1.1B | 1.4B | |
Net Working Capital | (295.5M) | 50.1M | 2.3B | 1.6B | 53.3M | 50.6M |
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Try AI Portfolio ArchitectCheck out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in ZIM Integrated Shipping. 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. You can also try the Headlines Timeline module to stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity.
Is Marine Transportation 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 ZIM Integrated. If investors know ZIM 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 ZIM Integrated 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 (0.76) | Earnings Share 11.94 | Revenue Per Share 49.657 | Quarterly Revenue Growth 0.476 | Return On Assets 0.0225 |
The market value of ZIM Integrated Shipping is measured differently than its book value, which is the value of ZIM that is recorded on the company's balance sheet. Investors also form their own opinion of ZIM Integrated's value that differs from its market value or its book value, called intrinsic value, which is ZIM Integrated'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 ZIM Integrated's market value can be influenced by many factors that don't directly affect ZIM Integrated'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 ZIM Integrated's value and its price as these two are different measures arrived at by different means. Investors typically determine if ZIM Integrated is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ZIM Integrated'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.