Zip Non Current Assets Total vs Other Stockholder Equity Analysis

ZIP Stock   2.91  0.05  1.69%   
Zip Co financial indicator trend analysis is more than just analyzing Zip Co Limited current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Zip Co Limited is a good investment. Please check the relationship between Zip Co Non Current Assets Total and its Other Stockholder Equity accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Zip Co Limited. 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.

Non Current Assets Total vs Other Stockholder Equity

Non Current Assets Total vs Other Stockholder Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Zip Co Limited Non Current Assets Total account and Other Stockholder Equity. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Zip Co's Non Current Assets Total and Other Stockholder Equity is -0.51. Overlapping area represents the amount of variation of Non Current Assets Total that can explain the historical movement of Other Stockholder Equity in the same time period over historical financial statements of Zip Co Limited, assuming nothing else is changed. The correlation between historical values of Zip Co's Non Current Assets Total and Other Stockholder Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Current Assets Total of Zip Co Limited are associated (or correlated) with its Other Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Stockholder Equity has no effect on the direction of Non Current Assets Total i.e., Zip Co's Non Current Assets Total and Other Stockholder Equity go up and down completely randomly.

Correlation Coefficient

-0.51
Relationship DirectionNegative 
Relationship StrengthVery Weak

Non Current Assets Total

The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.

Other Stockholder Equity

Most indicators from Zip Co's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Zip Co Limited 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 Zip Co Limited. 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.
At this time, Zip Co's Selling General Administrative is comparatively stable compared to the past year. Tax Provision is likely to gain to about 20.4 M in 2024, whereas Discontinued Operations is likely to drop (49.7 M) in 2024.
 2021 2022 2023 2024 (projected)
Interest Expense30.1M78.1M270.3M283.8M
Depreciation And Amortization68.6M63.4M64.4M67.6M

Zip Co fundamental ratios Correlations

0.990.710.740.750.870.99-0.920.730.970.840.970.70.710.910.93-0.17-0.33-0.40.990.990.970.72-0.68-0.690.38
0.990.720.760.670.881.0-0.930.790.940.790.950.740.630.910.92-0.17-0.25-0.371.00.990.960.66-0.71-0.640.29
0.710.721.00.280.910.72-0.860.590.740.340.740.220.210.830.410.040.160.210.750.750.80.17-0.99-0.77-0.11
0.740.761.00.290.920.75-0.880.650.760.380.760.290.240.840.450.030.150.180.780.780.820.21-0.99-0.74-0.09
0.750.670.280.290.480.65-0.490.280.770.940.770.480.940.60.75-0.16-0.78-0.550.660.690.680.89-0.23-0.570.85
0.870.880.910.920.480.88-0.90.70.830.550.840.490.410.90.67-0.19-0.12-0.190.90.90.880.39-0.9-0.730.11
0.991.00.720.750.650.88-0.920.810.930.780.930.760.620.890.92-0.21-0.25-0.391.00.990.960.66-0.71-0.610.28
-0.92-0.93-0.86-0.88-0.49-0.9-0.92-0.72-0.93-0.61-0.93-0.51-0.43-0.92-0.77-0.02-0.040.09-0.95-0.94-0.97-0.430.830.76-0.02
0.730.790.590.650.280.70.81-0.720.620.550.630.860.430.550.66-0.07-0.05-0.190.780.730.690.53-0.66-0.150.1
0.970.940.740.760.770.830.93-0.930.620.831.00.550.70.910.860.0-0.28-0.260.950.960.990.69-0.69-0.80.37
0.840.790.340.380.940.550.78-0.610.550.830.830.70.970.610.84-0.05-0.69-0.510.770.770.760.97-0.32-0.470.78
0.970.950.740.760.770.840.93-0.930.631.00.830.550.70.910.860.0-0.27-0.260.960.960.990.68-0.7-0.80.36
0.70.740.220.290.480.490.76-0.510.860.550.70.550.610.420.79-0.29-0.41-0.590.70.670.560.74-0.280.030.41
0.710.630.210.240.940.410.62-0.430.430.70.970.70.610.460.7-0.05-0.8-0.50.620.620.610.97-0.2-0.370.89
0.910.910.830.840.60.90.89-0.920.550.910.610.910.420.460.77-0.2-0.12-0.190.920.940.930.43-0.79-0.850.15
0.930.920.410.450.750.670.92-0.770.660.860.840.860.790.70.77-0.28-0.41-0.620.910.910.850.76-0.39-0.490.43
-0.17-0.170.040.03-0.16-0.19-0.21-0.02-0.070.0-0.050.0-0.29-0.05-0.2-0.280.330.53-0.17-0.19-0.02-0.06-0.01-0.02-0.16
-0.33-0.250.160.15-0.78-0.12-0.25-0.04-0.05-0.28-0.69-0.27-0.41-0.8-0.12-0.410.330.73-0.22-0.25-0.17-0.76-0.160.07-0.96
-0.4-0.370.210.18-0.55-0.19-0.390.09-0.19-0.26-0.51-0.26-0.59-0.5-0.19-0.620.530.73-0.35-0.36-0.22-0.56-0.21-0.03-0.57
0.991.00.750.780.660.91.0-0.950.780.950.770.960.70.620.920.91-0.17-0.22-0.351.00.980.64-0.74-0.670.26
0.990.990.750.780.690.90.99-0.940.730.960.770.960.670.620.940.91-0.19-0.25-0.361.00.980.63-0.73-0.710.28
0.970.960.80.820.680.880.96-0.970.690.990.760.990.560.610.930.85-0.02-0.17-0.220.980.980.6-0.76-0.790.24
0.720.660.170.210.890.390.66-0.430.530.690.970.680.740.970.430.76-0.06-0.76-0.560.640.630.6-0.17-0.250.85
-0.68-0.71-0.99-0.99-0.23-0.9-0.710.83-0.66-0.69-0.32-0.7-0.28-0.2-0.79-0.39-0.01-0.16-0.21-0.74-0.73-0.76-0.170.680.11
-0.69-0.64-0.77-0.74-0.57-0.73-0.610.76-0.15-0.8-0.47-0.80.03-0.37-0.85-0.49-0.020.07-0.03-0.67-0.71-0.79-0.250.68-0.13
0.380.29-0.11-0.090.850.110.28-0.020.10.370.780.360.410.890.150.43-0.16-0.96-0.570.260.280.240.850.11-0.13
Click cells to compare fundamentals

Zip Co Account Relationship Matchups

Zip Co fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.3B3.3B3.4B3.4B3.2B3.3B
Short Long Term Debt Total1.1B2.2B2.9B3.1B2.4B2.5B
Other Current Liab19.0M77.7M43.2M1.6B1.4B1.4B
Total Current Liabilities36.3M135.3M180.7M1.8B1.4B1.5B
Total Stockholder Equity205.4M1.0B322.3M119.9M398.5M418.5M
Property Plant And Equipment Net11.7M9.1M9.1M23.7M19.8M20.8M
Net Debt1.1B1.9B2.6B2.8B2.1B2.2B
Retained Earnings(88.4M)(766.5M)(1.9B)(2.2B)(2.3B)(2.1B)
Accounts Payable17.3M53.9M110.1M207.2M45.3M25.9M
Cash32.7M330.2M299.7M275.9M353.0M370.7M
Non Current Assets Total91.4M992.9M494.9M376.9M325.3M341.6M
Cash And Short Term Investments34.2M331.7M303.6M283.1M357.5M375.4M
Net Receivables1.1B2.0B2.6B2.7B91.1M86.6M
Good Will53.4M773.0M222.7M209.2M209.5M119.9M
Common Stock Shares Outstanding375.6M514.0M609.7M720.4M997.0M1.0B
Liabilities And Stockholders Equity1.3B3.3B3.4B3.4B3.2B3.3B
Non Current Liabilities Total1.1B2.0B2.8B1.4B1.4B1.4B
Other Current Assets(1.2B)(2.3B)11.0M10.1M9.7M10.2M
Other Stockholder Equity(185.8M)(124.9M)(117.8M)(1.2M)(33K)(34.7K)
Total Liab1.1B2.3B3.1B3.3B2.8B2.9B
Total Current Assets1.2B2.3B2.9B3.0B2.9B3.0B
Accumulated Other Comprehensive Income19.6M97.1M155.7M159.8M319.2M335.1M
Common Stock274.2M1.7B2.0B2.1B2.3B2.5B
Intangible Assets78.5M976.8M415.1M350.9M96.1M165.3M
Non Currrent Assets Other(91.4M)(802.3M)(261.8M)(295.3M)(2.4B)(2.3B)
Other Liab14.0M70.6M128K1.0M1.2M1.1M
Property Plant And Equipment Gross11.7M9.1M9.1M23.7M19.8M20.8M
Property Plant Equipment11.7M9.1M9.1M23.7M27.3M28.7M
Net Tangible Assets126.9M166.0M21.6M(116.5M)(134.0M)(127.3M)
Other Assets8.4M10.3M39.0M72.3M22.9M23.0M
Long Term Debt1.1B2.1B2.8B2.9B2.4B1.4B
Long Term Debt Total289.7M587.4M1.1B1.7B1.9B2.0B

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