Zoom Total Current Assets vs Total Assets Analysis

ZM Stock  USD 85.36  1.95  2.34%   
Zoom Video financial indicator trend analysis is more than just analyzing Zoom Video Communications current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Zoom Video Communications is a good investment. Please check the relationship between Zoom Video Total Current Assets and its Total Assets accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Zoom Video Communications. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.

Total Current Assets vs Total Assets

Total Current Assets vs Total Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Zoom Video Communications Total Current Assets account and Total Assets. At this time, the significance of the direction appears to have totally related.
The correlation between Zoom Video's Total Current Assets and Total Assets is 1.0. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Total Assets in the same time period over historical financial statements of Zoom Video Communications, assuming nothing else is changed. The correlation between historical values of Zoom Video's Total Current Assets and Total 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 Total Current Assets of Zoom Video Communications are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Total Current Assets i.e., Zoom Video's Total Current Assets and Total Assets go up and down completely randomly.

Correlation Coefficient

1.0
Relationship DirectionPositive 
Relationship StrengthVery Strong

Total Current Assets

The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.

Total Assets

Total assets refers to the total amount of Zoom Video 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 Zoom Video Communications 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.
Most indicators from Zoom Video's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Zoom Video Communications 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 Zoom Video Communications. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.
At this time, Zoom Video's Tax Provision is very stable compared to the past year. As of the 28th of November 2024, Sales General And Administrative To Revenue is likely to grow to 0.14, while Selling General Administrative is likely to drop about 292.2 M.
 2021 2023 2024 (projected)
Interest Income24.6M43.2M45.4M
Net Interest Income7.9M9.1M7.9M

Zoom Video fundamental ratios Correlations

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Click cells to compare fundamentals

Zoom Video Account Relationship Matchups

Zoom Video fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.3B5.3B7.6B8.1B9.9B10.4B
Other Current Liab115.0M350.0M319.4M354.6M418.2M221.8M
Total Current Liabilities333.8M1.3B1.6B1.7B1.8B952.1M
Total Stockholder Equity833.9M3.9B5.8B6.2B8.0B8.4B
Other Liab57.3M86.8M106.6M109.1M125.5M65.0M
Net Tangible Assets831.8M3.8B5.8B6.1B7.0B7.3B
Retained Earnings152K672.5M2.0B2.2B2.8B2.9B
Accounts Payable1.6M8.7M7.8M14.4M10.2M7.1M
Cash283.1M2.2B1.1B1.1B1.6B889.0M
Other Assets63.4M208.9M653.8M916.3M1.1B1.1B
Net Receivables120.4M294.7M419.7M557.4M536.1M278.6M
Common Stock Shares Outstanding254.3M298.1M305.8M304.2M308.5M313.1M
Other Current Assets4.1M253.4M344.9M386.3M427.7M449.0M
Total Liab455.9M1.4B1.8B1.9B1.9B1.1B
Deferred Long Term Liab46.2M157.3M164.7M180.0M207.0M217.3M
Total Current Assets1.1B4.8B6.2B6.4B7.9B8.3B
Common Stock277K292K299K294K307K256.9K
Property Plant Equipment125.7M247.6M318.3M333.7M383.8M403.0M
Property Plant And Equipment Net125.7M247.6M318.3M333.7M352.7M224.5M
Current Deferred Revenue209.5M858.3M1.1B1.3B1.3B768.9M
Net Debt(218.3M)(2.1B)(957.1M)(990.4M)(1.5B)(1.4B)
Non Current Assets Total194.3M505.1M1.4B1.8B2.0B2.1B
Non Currrent Assets Other65.6M76.0M271.5M357.9M200.0M161.9M
Cash And Short Term Investments855.2M4.2B5.4B5.4B7.0B3.6B
Common Stock Total Equity277K292K299K294K338.1K272.1K
Short Term Investments572.1M2.0B4.4B4.3B5.4B5.7B
Liabilities And Stockholders Equity1.3B5.3B7.6B8.1B9.9B5.1B
Non Current Liabilities Total122.1M177.3M191.6M182.8M148.2M161.9M
Capital Surpluse832.7M3.2B3.7B4.1B4.7B5.0B
Inventory115.8M247.8M322.2M223.3M403.6M212.6M
Other Stockholder Equity(457.1M)3.2B3.7B4.1B5.2B5.5B
Net Invested Capital833.9M3.9B5.8B6.2B8.0B8.4B
Property Plant And Equipment Gross125.7M247.6M318.3M333.7M589.0M618.4M
Accumulated Other Comprehensive Income809K839K(17.9M)(50.4M)1.1M1.1M
Non Current Liabilities Other2.3M61.6M68.1M67.2M5.3M5.0M
Cash And Equivalents283.1M2.2B1.1B1.1B1.2B875.0M
Net Working Capital761.7M3.5B4.6B4.6B6.2B3.1B
Short Term Debt7.7M15.6M20.7M22.8M24.6M16.7M
Capital Stock277K292K299K294K307K313.7K

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Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Zoom Video Communications. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.
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 Application Software 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 Zoom Video. If investors know Zoom 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 Zoom Video 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
0.173
Earnings Share
3.01
Revenue Per Share
14.962
Quarterly Revenue Growth
0.021
Return On Assets
0.0478
The market value of Zoom Video Communications is measured differently than its book value, which is the value of Zoom that is recorded on the company's balance sheet. Investors also form their own opinion of Zoom Video's value that differs from its market value or its book value, called intrinsic value, which is Zoom Video'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 Zoom Video's market value can be influenced by many factors that don't directly affect Zoom Video'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 Zoom Video's value and its price as these two are different measures arrived at by different means. Investors typically determine if Zoom Video is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Zoom Video'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.