Zuora Total Assets vs Other Current Liab Analysis

ZUO Stock  USD 9.93  0.01  0.10%   
Zuora financial indicator trend analysis is more than just analyzing Zuora Inc current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Zuora Inc is a good investment. Please check the relationship between Zuora Total Assets and its Other Current Liab accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Zuora 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 employment.

Total Assets vs Other Current Liab

Total Assets vs Other Current Liab Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Zuora Inc Total Assets account and Other Current Liab. At this time, the significance of the direction appears to have strong relationship.
The correlation between Zuora's Total Assets and Other Current Liab is 0.65. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Other Current Liab in the same time period over historical financial statements of Zuora Inc, assuming nothing else is changed. The correlation between historical values of Zuora's Total Assets and Other Current Liab is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Assets of Zuora Inc are associated (or correlated) with its Other Current Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Liab has no effect on the direction of Total Assets i.e., Zuora's Total Assets and Other Current Liab go up and down completely randomly.

Correlation Coefficient

0.65
Relationship DirectionPositive 
Relationship StrengthSignificant

Total Assets

Total assets refers to the total amount of Zuora assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Zuora Inc books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Other Current Liab

Most indicators from Zuora's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Zuora 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 Zuora 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 employment.
As of the 1st of December 2024, Tax Provision is likely to grow to about 2.3 M, while Selling General Administrative is likely to drop about 51 M.
 2021 2022 2023 2024 (projected)
Depreciation And Amortization26.5M26.1M18.2M16.9M
Interest Income1.8M9.1M22.1M23.2M

Zuora fundamental ratios Correlations

0.650.960.720.89-0.07-0.930.040.690.940.970.860.880.890.970.930.87-0.60.880.730.680.910.750.820.710.97
0.650.550.410.62-0.4-0.57-0.340.570.520.550.70.520.550.570.520.58-0.520.580.370.730.550.280.580.270.57
0.960.550.730.86-0.01-0.930.160.580.971.00.850.970.870.980.980.84-0.60.840.820.710.970.810.750.780.99
0.720.410.730.650.54-0.670.090.360.850.710.520.690.690.810.730.55-0.190.620.780.330.780.820.450.830.76
0.890.620.860.65-0.21-0.97-0.010.860.830.870.970.80.980.860.850.98-0.610.990.630.680.820.60.950.580.89
-0.07-0.4-0.010.54-0.210.180.22-0.440.18-0.04-0.38-0.01-0.130.070.01-0.320.42-0.230.25-0.380.090.35-0.420.36-0.01
-0.93-0.57-0.93-0.67-0.970.18-0.14-0.8-0.89-0.93-0.95-0.88-0.97-0.92-0.91-0.970.65-0.97-0.73-0.66-0.88-0.7-0.92-0.68-0.95
0.04-0.340.160.09-0.010.22-0.140.070.130.11-0.090.120.010.160.090.05-0.330.060.38-0.30.10.12-0.020.120.17
0.690.570.580.360.86-0.44-0.80.070.520.590.810.460.810.610.520.88-0.620.890.390.40.480.270.930.250.64
0.940.520.970.850.830.18-0.890.130.520.960.780.920.850.970.970.78-0.540.80.80.640.960.830.680.80.97
0.970.551.00.710.87-0.04-0.930.110.590.960.860.970.880.970.980.85-0.590.850.780.740.960.80.770.760.99
0.860.70.850.520.97-0.38-0.95-0.090.810.780.860.830.950.80.830.97-0.640.950.540.810.820.540.940.530.86
0.880.520.970.690.8-0.01-0.880.120.460.920.970.830.820.910.960.79-0.50.770.790.780.980.820.680.80.95
0.890.550.870.690.98-0.13-0.970.010.810.850.880.950.820.850.860.97-0.540.980.60.650.850.670.940.660.89
0.970.570.980.810.860.07-0.920.160.610.970.970.80.910.850.950.82-0.560.830.870.60.930.830.730.80.98
0.930.520.980.730.850.01-0.910.090.520.970.980.830.960.860.950.82-0.590.810.780.710.940.810.720.780.97
0.870.580.840.550.98-0.32-0.970.050.880.780.850.970.790.970.820.82-0.60.990.590.650.790.60.980.590.87
-0.6-0.52-0.6-0.19-0.610.420.65-0.33-0.62-0.54-0.59-0.64-0.5-0.54-0.56-0.59-0.6-0.6-0.35-0.54-0.48-0.08-0.58-0.04-0.61
0.880.580.840.620.99-0.23-0.970.060.890.80.850.950.770.980.830.810.99-0.60.60.610.790.60.980.590.87
0.730.370.820.780.630.25-0.730.380.390.80.780.540.790.60.870.780.59-0.350.60.330.780.830.470.830.82
0.680.730.710.330.68-0.38-0.66-0.30.40.640.740.810.780.650.60.710.65-0.540.610.330.760.370.60.340.68
0.910.550.970.780.820.09-0.880.10.480.960.960.820.980.850.930.940.79-0.480.790.780.760.820.680.80.95
0.750.280.810.820.60.35-0.70.120.270.830.80.540.820.670.830.810.6-0.080.60.830.370.820.491.00.8
0.820.580.750.450.95-0.42-0.92-0.020.930.680.770.940.680.940.730.720.98-0.580.980.470.60.680.490.480.79
0.710.270.780.830.580.36-0.680.120.250.80.760.530.80.660.80.780.59-0.040.590.830.340.81.00.480.77
0.970.570.990.760.89-0.01-0.950.170.640.970.990.860.950.890.980.970.87-0.610.870.820.680.950.80.790.77
Click cells to compare fundamentals

Zuora Account Relationship Matchups

Zuora fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets402.2M421.5M441.3M668.6M823.8M424.9M
Other Current Liab41.9M30.0M32.8M120.8M59.0M50.8M
Total Current Liabilities165.6M188.0M219.3M235.6M279.4M177.4M
Total Stockholder Equity164.7M171.9M170.6M173.2M133.7M138.9M
Other Liab3.5M6.3M5.7M11.5M13.2M13.9M
Net Tangible Assets141.4M150.4M149.5M30.0M34.5M32.7M
Retained Earnings(390.8M)(464.0M)(563.4M)(685.4M)(829.6M)(788.1M)
Accounts Payable2.1M2.2M6.8M1.1M3.2M3.0M
Cash54.3M94.1M113.5M203.2M256.1M268.9M
Other Assets24.4M25.8M31.5M32.9M37.9M21.2M
Net Receivables68.9M80.2M84.8M98.9M126.0M75.1M
Good Will20.6M20.9M17.6M54.0M56.7M59.5M
Common Stock Shares Outstanding111.1M117.6M124.2M131.4M140.1M110.8M
Short Term Investments117.7M92.5M101.9M183.0M258.1M271.0M
Other Current Assets16.4M26.4M28.1M33.4M37.1M18.8M
Other Stockholder Equity555.3M635.1M734.1M859.5M964.1M585.3M
Total Liab237.6M249.6M270.6M495.4M690.1M724.7M
Short Long Term Debt3.0M4.4M4.4M1.7M1.5M2.6M
Total Current Assets266.8M293.7M328.3M518.6M677.9M711.8M
Short Term Debt10.2M23.7M24.6M18.5M13.5M12.6M
Intangible Assets5.6M3.9M3.5M13.2M10.1M7.2M
Property Plant Equipment87.8M80.5M60.3M49.9M57.4M44.7M
Short Long Term Debt Total78.6M69.3M58.8M257.6M403.4M423.6M
Property Plant And Equipment Net87.8M80.5M60.3M49.9M48.4M50.3M
Current Deferred Revenue111.4M127.7M152.7M167.1M199.6M131.7M
Net Debt24.3M(24.8M)(54.8M)54.3M147.3M154.7M
Non Current Assets Total135.4M127.8M112.9M150.0M145.9M108.9M
Non Currrent Assets Other24.4M25.8M31.5M32.9M30.8M22.3M
Long Term Debt6.1M1.7M0.0210.4M359.5M377.5M
Cash And Short Term Investments171.9M186.6M215.4M386.2M514.9M540.6M
Long Term Debt Total6.1M1.7M0.0210.4M242.0M254.1M
Liabilities And Stockholders Equity402.2M421.5M441.3M668.6M823.8M458.2M
Non Current Liabilities Total71.9M61.6M51.3M259.8M410.7M431.3M
Capital Surpluse555.3M635.1M734.1M859.5M988.4M601.2M
Capital Lease Obligations68.1M63.2M57.1M47.2M43.9M39.0M
Inventory9.6M12.7M28.5M16.3M1.00.95
Property Plant And Equipment Gross87.8M80.5M60.3M49.9M89.1M55.9M
Accumulated Other Comprehensive Income188K796K(108K)(919K)(859.0K)(816.0K)

Pair Trading with Zuora

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Zuora position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Zuora will appreciate offsetting losses from the drop in the long position's value.

Moving together with Zuora Stock

  0.86S SentinelOnePairCorr

Moving against Zuora Stock

  0.68FAAS DigiAsia Corp Symbol ChangePairCorr
  0.63VRAR Glimpse GroupPairCorr
  0.54VRNT Verint Systems Earnings Call This WeekPairCorr
  0.41VHAI VHAIPairCorr
  0.36MQ Marqeta Potential GrowthPairCorr
The ability to find closely correlated positions to Zuora could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Zuora when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Zuora - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Zuora Inc to buy it.
The correlation of Zuora is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Zuora moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Zuora Inc moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Zuora can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Zuora Inc offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Zuora's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Zuora Inc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Zuora Inc Stock:
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Zuora 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 employment.
You can also try the Pattern Recognition module to use different Pattern Recognition models to time the market across multiple global exchanges.
Is Systems Software space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Zuora. If investors know Zuora will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Zuora listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.33)
Revenue Per Share
3.064
Quarterly Revenue Growth
0.068
Return On Assets
(0.02)
Return On Equity
(0.31)
The market value of Zuora Inc is measured differently than its book value, which is the value of Zuora that is recorded on the company's balance sheet. Investors also form their own opinion of Zuora's value that differs from its market value or its book value, called intrinsic value, which is Zuora's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Zuora's market value can be influenced by many factors that don't directly affect Zuora's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Zuora's value and its price as these two are different measures arrived at by different means. Investors typically determine if Zuora is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Zuora's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.