Zoomd Roic vs Pb Ratio Analysis

ZOMD Stock  CAD 0.80  0.04  5.26%   
Zoomd Technologies financial indicator trend analysis is more than just analyzing Zoomd Technologies current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Zoomd Technologies is a good investment. Please check the relationship between Zoomd Technologies Roic and its Pb Ratio accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Zoomd 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 unemployment.

Roic vs Pb Ratio

Roic vs Pb Ratio Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Zoomd Technologies Roic account and Pb Ratio. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Zoomd Technologies' Roic and Pb Ratio is -0.08. Overlapping area represents the amount of variation of Roic that can explain the historical movement of Pb Ratio in the same time period over historical financial statements of Zoomd Technologies, assuming nothing else is changed. The correlation between historical values of Zoomd Technologies' Roic and Pb Ratio is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Roic of Zoomd Technologies are associated (or correlated) with its Pb Ratio. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Pb Ratio has no effect on the direction of Roic i.e., Zoomd Technologies' Roic and Pb Ratio go up and down completely randomly.

Correlation Coefficient

-0.08
Relationship DirectionNegative 
Relationship StrengthInsignificant

Roic

Return on Invested Capital, a profitability ratio that measures the return that an investment generates for those who have provided capital, such as debt holders and equity holders.

Pb Ratio

Most indicators from Zoomd Technologies' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Zoomd 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 Zoomd 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 unemployment.
Enterprise Value is likely to climb to about 13.1 M in 2024, whereas Selling General Administrative is likely to drop slightly above 8.1 M in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit16.3M16.6M12.0M12.9M
Interest Income1K13K19K28K

Zoomd Technologies fundamental ratios Correlations

0.530.570.99-0.710.97-0.850.690.970.860.850.980.890.981.00.910.720.910.760.53-0.970.97-0.86-0.760.130.32
0.53-0.230.53-0.420.49-0.610.10.410.240.020.620.560.50.510.190.190.530.690.42-0.610.64-0.54-0.550.540.44
0.57-0.230.5-0.490.55-0.560.780.560.810.850.520.640.650.550.80.290.640.430.49-0.530.52-0.59-0.530.020.23
0.990.530.5-0.640.98-0.80.650.980.80.820.960.830.931.00.90.790.880.70.42-0.950.94-0.79-0.70.050.24
-0.71-0.42-0.49-0.64-0.60.89-0.35-0.58-0.66-0.64-0.78-0.72-0.77-0.68-0.56-0.1-0.67-0.76-0.730.82-0.80.920.9-0.1-0.6
0.970.490.550.98-0.6-0.80.720.980.860.820.950.880.930.980.930.80.920.720.5-0.930.94-0.77-0.720.080.34
-0.85-0.61-0.56-0.80.89-0.8-0.6-0.75-0.79-0.68-0.91-0.93-0.89-0.83-0.74-0.29-0.89-0.94-0.80.95-0.930.940.98-0.33-0.67
0.690.10.780.65-0.350.72-0.60.730.850.790.620.690.730.690.830.530.670.670.56-0.640.63-0.52-0.580.390.33
0.970.410.560.98-0.580.98-0.750.730.840.870.920.80.910.980.930.840.840.660.42-0.910.9-0.73-0.660.020.22
0.860.240.810.8-0.660.86-0.790.850.840.910.850.870.920.840.90.550.840.720.73-0.820.85-0.82-0.770.210.5
0.850.020.850.82-0.640.82-0.680.790.870.910.780.720.870.850.940.650.740.540.48-0.780.77-0.74-0.63-0.090.21
0.980.620.520.96-0.780.95-0.910.620.920.850.780.930.980.970.850.610.930.820.62-0.991.0-0.92-0.830.190.44
0.890.560.640.83-0.720.88-0.930.690.80.870.720.930.920.860.830.440.980.850.74-0.920.94-0.91-0.870.320.58
0.980.50.650.93-0.770.93-0.890.730.910.920.870.980.920.960.890.590.910.810.66-0.960.97-0.93-0.830.230.42
1.00.510.551.0-0.680.98-0.830.690.980.840.850.970.860.960.920.760.90.730.48-0.960.96-0.83-0.730.090.28
0.910.190.80.9-0.560.93-0.740.830.930.90.940.850.830.890.920.740.880.620.45-0.850.84-0.73-0.65-0.010.23
0.720.190.290.79-0.10.8-0.290.530.840.550.650.610.440.590.760.740.540.22-0.04-0.570.57-0.29-0.17-0.24-0.18
0.910.530.640.88-0.670.92-0.890.670.840.840.740.930.980.910.90.880.540.780.62-0.920.93-0.87-0.80.20.46
0.760.690.430.7-0.760.72-0.940.670.660.720.540.820.850.810.730.620.220.780.84-0.860.85-0.82-0.940.610.73
0.530.420.490.42-0.730.5-0.80.560.420.730.480.620.740.660.480.45-0.040.620.84-0.640.67-0.75-0.890.520.93
-0.97-0.61-0.53-0.950.82-0.930.95-0.64-0.91-0.82-0.78-0.99-0.92-0.96-0.96-0.85-0.57-0.92-0.86-0.64-0.990.910.88-0.19-0.47
0.970.640.520.94-0.80.94-0.930.630.90.850.771.00.940.970.960.840.570.930.850.67-0.99-0.93-0.870.220.5
-0.86-0.54-0.59-0.790.92-0.770.94-0.52-0.73-0.82-0.74-0.92-0.91-0.93-0.83-0.73-0.29-0.87-0.82-0.750.91-0.930.9-0.24-0.56
-0.76-0.55-0.53-0.70.9-0.720.98-0.58-0.66-0.77-0.63-0.83-0.87-0.83-0.73-0.65-0.17-0.8-0.94-0.890.88-0.870.9-0.37-0.8
0.130.540.020.05-0.10.08-0.330.390.020.21-0.090.190.320.230.09-0.01-0.240.20.610.52-0.190.22-0.24-0.370.46
0.320.440.230.24-0.60.34-0.670.330.220.50.210.440.580.420.280.23-0.180.460.730.93-0.470.5-0.56-0.80.46
Click cells to compare fundamentals

Zoomd Technologies Account Relationship Matchups

Zoomd Technologies fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets26.0M19.4M26.6M25.0M18.6M18.2M
Other Current Liab3.3M3.9M151K3.2M3.6M2.3M
Total Current Liabilities6.4M5.9M11.0M9.1M7.8M8.7M
Total Stockholder Equity17.9M12.3M15.0M13.1M8.7M10.5M
Other Liab633K601K471K520K468K437.7K
Net Tangible Assets5.3M1.2M3.7M1.9M2.2M1.3M
Retained Earnings(26.0M)(31.7M)(29.2M)(32.0M)(36.7M)(38.5M)
Accounts Payable3.2M2.0M3.2M3.4M3.0M3.2M
Cash5.9M2.6M5.2M3.8M2.6M3.2M
Non Current Assets Total14.5M12.6M12.4M14.6M10.8M12.5M
Other Assets159K47K296K220K253K148.9K
Net Receivables5.2M3.7M8.5M5.8M4.7M5.4M
Common Stock Shares Outstanding93.3M94.8M95.6M97.3M98.3M75.5M
Non Current Liabilities Total1.7M1.2M567K2.8M2.2M1.4M
Other Stockholder Equity4.8M5.0M5.1M5.6M6.4M5.0M
Total Liab8.2M7.1M11.6M11.9M10.0M7.6M
Net Invested Capital17.9M12.3M17.0M15.1M10.7M11.5M
Total Current Assets11.5M6.9M14.1M10.4M7.9M9.7M
Net Working Capital5.0M922K3.1M1.3M81K77.0K
Property Plant Equipment1.8M1.4M814K3.2M3.7M3.9M
Capital Lease Obligations1.1M1.4M770K2.8M2.4M1.5M
Intangible Assets7.2M5.8M5.7M5.4M2.1M2.0M

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Additional Tools for Zoomd Stock Analysis

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