ZOOZ Cash vs Retained Earnings Analysis
| ZOOZW Stock | 0.09 0.00 0.00% |
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 Cash and its Retained Earnings 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 nation.
Cash vs Retained Earnings
Cash vs Retained Earnings Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of ZOOZ Power Cash account and Retained Earnings. At this time, the significance of the direction appears to have almost identical trend.
The correlation between ZOOZ Power's Cash and Retained Earnings is 0.96. Overlapping area represents the amount of variation of Cash that can explain the historical movement of Retained Earnings 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 Cash and Retained Earnings is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash of ZOOZ Power Ltd are associated (or correlated) with its Retained Earnings. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Retained Earnings has no effect on the direction of Cash i.e., ZOOZ Power's Cash and Retained Earnings go up and down completely randomly.
Correlation Coefficient | 0.96 |
| Relationship Direction | Positive |
| Relationship Strength | Very Strong |
Cash
Cash refers to the most liquid asset of ZOOZ Power, which is listed under current asset account on ZOOZ Power Ltd balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from ZOOZ Power customers. The amounts must be unrestricted with restricted cash listed in a different ZOOZ Power account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.Retained Earnings
The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.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 nation. Selling General Administrative is likely to drop to about 2.6 M in 2024. Issuance Of Capital Stock is expected to grow at the current pace this year
| 2010 | 2022 | 2023 | 2024 (projected) | Reconciled Depreciation | 44K | 131K | 239K | 151.8K | Total Operating Expenses | 4.5M | 8.0M | 11.1M | 8.7M |
ZOOZ Power fundamental ratios Correlations
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ZOOZ Power Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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When running ZOOZ Power's price analysis, check to measure ZOOZ Power's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy ZOOZ Power is operating at the current time. Most of ZOOZ Power's value examination focuses on studying past and present price action to predict the probability of ZOOZ Power's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ZOOZ Power's price. Additionally, you may evaluate how the addition of ZOOZ Power to your portfolios can decrease your overall portfolio volatility.