ZOOZ Net Invested Capital vs Short Term Investments Analysis

ZOOZ Stock   2.57  0.12  4.46%   
ZOOZ Power financial indicator trend analysis is more than just analyzing ZOOZ Power current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether ZOOZ Power is a good investment. Please check the relationship between ZOOZ Power Net Invested Capital and its Short Term Investments accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in ZOOZ Power Ltd. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.

Net Invested Capital vs Short Term Investments

Net Invested Capital vs Short Term Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of ZOOZ Power Net Invested Capital account and Short Term Investments. At this time, the significance of the direction appears to have very strong relationship.
The correlation between ZOOZ Power's Net Invested Capital and Short Term Investments is 0.88. Overlapping area represents the amount of variation of Net Invested Capital that can explain the historical movement of Short Term Investments in the same time period over historical financial statements of ZOOZ Power Ltd, assuming nothing else is changed. The correlation between historical values of ZOOZ Power's Net Invested Capital and Short 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 Invested Capital of ZOOZ Power Ltd are associated (or correlated) with its Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Term Investments has no effect on the direction of Net Invested Capital i.e., ZOOZ Power's Net Invested Capital and Short Term Investments go up and down completely randomly.

Correlation Coefficient

0.88
Relationship DirectionPositive 
Relationship StrengthStrong

Net Invested Capital

The total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents.

Short Term Investments

Short Term Investments is an item under the current assets section of ZOOZ Power balance sheet. It contains any investments ZOOZ Power Ltd undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that ZOOZ Power can easily liquidate in the marketplace.
Most indicators from ZOOZ Power's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into ZOOZ Power 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 ZOOZ Power Ltd. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.
Enterprise Value is likely to rise to about 47.3 M in 2024, whereas Selling General Administrative is likely to drop slightly above 2.2 M in 2024.
 2021 2022 2023 2024 (projected)
Total Operating Expenses10.3M10.9M11.3M10.4M
Cost Of Revenue105.2K605.6K1.9M2.0M

ZOOZ Power fundamental ratios Correlations

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0.761.00.660.99-0.4-0.94-0.560.560.980.56-0.160.890.990.030.920.980.670.96-0.610.820.670.78-0.73-0.8-0.68
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0.990.660.680.71-0.94-0.72-0.70.990.720.99-0.430.810.730.50.890.721.00.85-0.230.30.990.35-0.35-0.72-0.35
0.810.990.990.71-0.47-0.93-0.590.631.00.63-0.080.850.96-0.030.921.00.720.96-0.550.720.70.7-0.67-0.78-0.63
-0.88-0.4-0.42-0.94-0.470.430.47-0.96-0.48-0.960.38-0.61-0.49-0.56-0.7-0.49-0.93-0.65-0.120.0-0.91-0.010.010.450.01
-0.79-0.94-0.95-0.72-0.930.430.79-0.63-0.93-0.630.33-0.89-0.94-0.15-0.92-0.93-0.72-0.930.78-0.79-0.75-0.870.860.950.85
-0.71-0.56-0.58-0.7-0.590.470.79-0.68-0.6-0.680.4-0.6-0.57-0.25-0.67-0.62-0.7-0.650.73-0.37-0.74-0.650.730.890.79
0.960.560.580.990.63-0.96-0.63-0.680.641.0-0.390.720.630.480.810.650.990.77-0.140.160.970.23-0.25-0.65-0.27
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0.960.560.580.990.63-0.96-0.63-0.681.00.64-0.390.720.630.480.810.650.990.77-0.140.160.970.24-0.25-0.65-0.27
-0.37-0.16-0.15-0.43-0.080.380.330.4-0.39-0.06-0.39-0.57-0.31-0.94-0.43-0.07-0.41-0.310.37-0.41-0.53-0.440.440.550.42
0.850.890.880.810.85-0.61-0.89-0.60.720.840.72-0.570.950.480.970.840.810.95-0.550.790.840.74-0.7-0.87-0.65
0.810.990.980.730.96-0.49-0.94-0.570.630.960.63-0.310.950.190.960.960.730.98-0.590.830.740.78-0.72-0.83-0.67
0.40.030.010.5-0.03-0.56-0.15-0.250.48-0.040.48-0.940.480.190.37-0.030.470.24-0.050.170.560.15-0.14-0.36-0.13
0.930.920.920.890.92-0.7-0.92-0.670.810.910.81-0.430.970.960.370.920.890.99-0.510.690.90.68-0.65-0.87-0.61
0.820.980.990.721.0-0.49-0.93-0.620.651.00.65-0.070.840.96-0.030.920.740.96-0.550.70.720.69-0.66-0.79-0.63
0.990.670.691.00.72-0.93-0.72-0.70.990.730.99-0.410.810.730.470.890.740.85-0.230.30.990.35-0.36-0.73-0.36
0.910.960.960.850.96-0.65-0.93-0.650.770.960.77-0.310.950.980.240.990.960.85-0.510.70.860.68-0.65-0.84-0.61
-0.3-0.61-0.61-0.23-0.55-0.120.780.73-0.14-0.54-0.140.37-0.55-0.59-0.05-0.51-0.55-0.23-0.51-0.76-0.32-0.950.980.840.99
0.390.820.80.30.720.0-0.79-0.370.160.70.16-0.410.790.830.170.690.70.30.7-0.760.360.92-0.85-0.73-0.78
0.980.670.680.990.7-0.91-0.75-0.740.970.710.97-0.530.840.740.560.90.720.990.86-0.320.360.43-0.43-0.78-0.44
0.430.780.770.350.7-0.01-0.87-0.650.230.690.24-0.440.740.780.150.680.690.350.68-0.950.920.43-0.99-0.88-0.97
-0.43-0.73-0.73-0.35-0.670.010.860.73-0.25-0.66-0.250.44-0.7-0.72-0.14-0.65-0.66-0.36-0.650.98-0.85-0.43-0.990.90.99
-0.77-0.8-0.81-0.72-0.780.450.950.89-0.65-0.78-0.650.55-0.87-0.83-0.36-0.87-0.79-0.73-0.840.84-0.73-0.78-0.880.90.9
-0.42-0.68-0.68-0.35-0.630.010.850.79-0.27-0.62-0.270.42-0.65-0.67-0.13-0.61-0.63-0.36-0.610.99-0.78-0.44-0.970.990.9
Click cells to compare fundamentals

ZOOZ Power Account Relationship Matchups

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