Zumiez Property Plant Equipment vs Non Current Assets Total Analysis

ZUMZ Stock  USD 19.08  0.09  0.47%   
Zumiez financial indicator trend analysis is more than just analyzing Zumiez Inc current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Zumiez Inc is a good investment. Please check the relationship between Zumiez Property Plant Equipment and its Non Current Assets Total accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Zumiez Inc. 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.

Property Plant Equipment vs Non Current Assets Total

Property Plant Equipment vs Non Current Assets Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Zumiez Inc Property Plant Equipment account and Non Current Assets Total. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Zumiez's Property Plant Equipment and Non Current Assets Total is 0.89. Overlapping area represents the amount of variation of Property Plant Equipment that can explain the historical movement of Non Current Assets Total in the same time period over historical financial statements of Zumiez Inc, assuming nothing else is changed. The correlation between historical values of Zumiez's Property Plant Equipment and Non Current Assets Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant Equipment of Zumiez Inc are associated (or correlated) with its Non Current Assets Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Assets Total has no effect on the direction of Property Plant Equipment i.e., Zumiez's Property Plant Equipment and Non Current Assets Total go up and down completely randomly.

Correlation Coefficient

0.89
Relationship DirectionPositive 
Relationship StrengthStrong

Property Plant Equipment

Non Current Assets Total

The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.
Most indicators from Zumiez's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Zumiez Inc 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 Zumiez Inc. 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, Zumiez's Enterprise Value Over EBITDA is fairly stable compared to the past year. Enterprise Value Multiple is likely to rise to 37.44 in 2024, whereas Selling General Administrative is likely to drop slightly above 190.9 M in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit456.7M324.7M280.9M231.2M
Total Revenue1.2B958.4M875.5M664.4M

Zumiez fundamental ratios Correlations

0.950.08-0.37-0.280.960.590.430.97-0.440.950.170.80.930.940.740.970.950.760.830.930.850.730.530.980.54
0.950.1-0.19-0.280.830.580.470.86-0.160.820.320.60.970.860.590.880.90.820.880.780.880.860.380.950.4
0.080.10.060.220.050.140.670.040.19-0.010.01-0.110.20.13-0.34-0.040.110.07-0.150.03-0.050.08-0.710.08-0.6
-0.37-0.190.060.56-0.49-0.66-0.12-0.510.5-0.51-0.13-0.44-0.07-0.42-0.51-0.47-0.21-0.51-0.44-0.48-0.540.14-0.42-0.3-0.34
-0.28-0.280.220.56-0.26-0.530.24-0.30.02-0.31-0.67-0.16-0.16-0.22-0.48-0.34-0.09-0.56-0.56-0.22-0.57-0.27-0.39-0.24-0.45
0.960.830.05-0.49-0.260.560.360.99-0.650.990.010.910.810.930.80.970.930.650.720.990.750.550.620.930.63
0.590.580.14-0.66-0.530.560.420.64-0.170.540.530.380.510.670.470.560.480.740.690.490.810.330.280.60.23
0.430.470.67-0.120.240.360.420.38-0.040.31-0.050.230.550.52-0.040.290.480.490.220.330.360.2-0.270.48-0.44
0.970.860.04-0.51-0.30.990.640.38-0.60.970.090.860.830.960.820.960.940.710.760.960.810.60.610.950.62
-0.44-0.160.190.50.02-0.65-0.17-0.04-0.6-0.640.51-0.85-0.2-0.53-0.73-0.52-0.5-0.08-0.06-0.71-0.150.16-0.7-0.42-0.64
0.950.82-0.01-0.51-0.310.990.540.310.97-0.640.030.910.790.90.810.990.90.660.740.990.760.540.650.910.66
0.170.320.01-0.13-0.670.010.53-0.050.090.510.03-0.190.240.14-0.020.120.020.480.52-0.070.50.48-0.030.160.04
0.80.6-0.11-0.44-0.160.910.380.230.86-0.850.91-0.190.620.810.80.850.810.420.460.940.50.270.760.770.7
0.930.970.2-0.07-0.160.810.510.550.83-0.20.790.240.620.870.550.820.930.720.760.760.770.850.330.950.33
0.940.860.13-0.42-0.220.930.670.520.96-0.530.90.140.810.870.710.880.950.690.70.90.780.620.520.960.49
0.740.59-0.34-0.51-0.480.80.47-0.040.82-0.730.81-0.020.80.550.710.780.70.550.60.80.650.390.840.720.88
0.970.88-0.04-0.47-0.340.970.560.290.96-0.520.990.120.850.820.880.780.890.720.830.960.820.620.630.920.64
0.950.90.11-0.21-0.090.930.480.480.94-0.50.90.020.810.930.950.70.890.610.670.90.70.710.510.980.5
0.760.820.07-0.51-0.560.650.740.490.71-0.080.660.480.420.720.690.550.720.610.870.580.950.590.330.750.27
0.830.88-0.15-0.44-0.560.720.690.220.76-0.060.740.520.460.760.70.60.830.670.870.650.960.740.480.80.48
0.930.780.03-0.48-0.220.990.490.330.96-0.710.99-0.070.940.760.90.80.960.90.580.650.680.480.640.890.64
0.850.88-0.05-0.54-0.570.750.810.360.81-0.150.760.50.50.770.780.650.820.70.950.960.680.680.460.830.44
0.730.860.080.14-0.270.550.330.20.60.160.540.480.270.850.620.390.620.710.590.740.480.680.180.760.33
0.530.38-0.71-0.42-0.390.620.28-0.270.61-0.70.65-0.030.760.330.520.840.630.510.330.480.640.460.180.520.91
0.980.950.08-0.3-0.240.930.60.480.95-0.420.910.160.770.950.960.720.920.980.750.80.890.830.760.520.51
0.540.4-0.6-0.34-0.450.630.23-0.440.62-0.640.660.040.70.330.490.880.640.50.270.480.640.440.330.910.51
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Zumiez Account Relationship Matchups

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