Zumiez Short Term Debt vs Total Revenue Analysis
ZUMZ Stock | USD 20.42 0.32 1.59% |
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 Short Term Debt and its Total Revenue 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.
Short Term Debt vs Total Revenue
Short Term Debt vs Total Revenue Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Zumiez Inc Short Term Debt account and Total Revenue. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Zumiez's Short Term Debt and Total Revenue is 0.44. Overlapping area represents the amount of variation of Short Term Debt that can explain the historical movement of Total Revenue 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 Short Term Debt and Total Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Term Debt of Zumiez Inc are associated (or correlated) with its Total Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Revenue has no effect on the direction of Short Term Debt i.e., Zumiez's Short Term Debt and Total Revenue go up and down completely randomly.
Correlation Coefficient | 0.44 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Short Term Debt
Total Revenue
Total revenue comprises all receipts Zumiez Inc generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.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 Profit | 456.7M | 324.7M | 280.9M | 231.2M | Total Revenue | 1.2B | 958.4M | 875.5M | 664.4M |
Zumiez fundamental ratios Correlations
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Zumiez Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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