ZUM Stock | | | CAD 0.07 0.01 6.25% |
ZoomerMedia financial indicator trend analysis is more than just analyzing ZoomerMedia Limited current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether ZoomerMedia Limited is a good investment. Please check the relationship between ZoomerMedia Net Interest Income and its Ebit accounts. Check out
Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in ZoomerMedia 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.
Net Interest Income vs Ebit
Net Interest Income vs Ebit Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
ZoomerMedia Limited Net Interest Income account and
Ebit. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between ZoomerMedia's Net Interest Income and Ebit is -0.26. Overlapping area represents the amount of variation of Net Interest Income that can explain the historical movement of Ebit in the same time period over historical financial statements of ZoomerMedia Limited, assuming nothing else is changed. The correlation between historical values of ZoomerMedia's Net Interest Income and Ebit 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 Interest Income of ZoomerMedia Limited are associated (or correlated) with its Ebit. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ebit has no effect on the direction of Net Interest Income i.e., ZoomerMedia's Net Interest Income and Ebit go up and down completely randomly.
Correlation Coefficient | -0.26 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Net Interest Income
The difference between the revenue generated from a bank's interest-bearing assets and the expenses associated with paying its interest-bearing liabilities.
Ebit
Most indicators from ZoomerMedia's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into ZoomerMedia 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 ZoomerMedia 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, ZoomerMedia's
Discontinued Operations is fairly stable compared to the past year.
Enterprise Value Over EBITDA is likely to climb to 4.63 in 2024, whereas
Tax Provision is likely to drop slightly above 338
K in 2024.
ZoomerMedia fundamental ratios Correlations
Click cells to compare fundamentals
ZoomerMedia Account Relationship Matchups
High Positive Relationship
High Negative Relationship
ZoomerMedia fundamental ratios Accounts
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