Zurn Net Debt vs Short Long Term Debt Analysis

ZWS Stock

USD 37.06 0.16 0.43%

Zurn Elkay financial indicator trend analysis is more than just analyzing Zurn Elkay Water current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Zurn Elkay Water is a good investment. Please check the relationship between Zurn Elkay Net Debt and its Short Long Term Debt accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Zurn Elkay Water. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in housing.

Net Debt vs Short Long Term Debt

Net Debt vs Short Long Term Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Zurn Elkay Water Net Debt account and Short Long Term Debt. At this time, the significance of the direction appears to have weak contrarian relationship.

The correlation between Zurn Elkay's Net Debt and Short Long Term Debt is -0.03. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Short Long Term Debt in the same time period over historical financial statements of Zurn Elkay Water, assuming nothing else is changed. The correlation between historical values of Zurn Elkay's Net Debt and Short Long Term Debt 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 Debt of Zurn Elkay Water are associated (or correlated) with its Short Long Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Long Term Debt has no effect on the direction of Net Debt i.e., Zurn Elkay's Net Debt and Short Long Term Debt go up and down completely randomly.

Correlation Coefficient

-0.03

Relationship Direction	Negative
Relationship Strength	Insignificant

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Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.

Short Long Term Debt

The total of a company's short-term and long-term borrowings.

Most indicators from Zurn Elkay's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Zurn Elkay Water 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 Zurn Elkay Water. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in housing.

At this time, Zurn Elkay's Selling General Administrative is comparatively stable compared to the past year. Discontinued Operations is likely to gain to about 5.7 M in 2025, whereas Tax Provision is likely to drop slightly above 29.1 M in 2025.

	2022	2023	2024	2025 (projected)
Interest Expense	26.9M	38.5M	44.3M	75.3M
Depreciation And Amortization	73.5M	87.9M	101.1M	55.6M

Interest Expense Depreciation And Amortization

Zurn Elkay fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Short Term Debt	Intangible Assets	Accounts Payable	Common Stock	Current Deferred Revenue	Good Will
Total Assets		0.74	0.59	0.83	0.24	0.79	0.57	0.33	0.65	0.81	-0.06	0.65	0.79	0.19	0.75	0.8	0.23	-0.02	0.8	0.94	0.18	0.31	0.65	0.3	-0.01	0.4
Short Long Term Debt Total	0.74		0.76	0.81	-0.26	0.62	0.68	0.55	0.64	0.38	-0.15	0.64	0.53	-0.22	0.86	0.41	0.45	-0.47	0.92	0.82	0.42	-0.13	0.65	-0.22	-0.24	0.27
Other Current Liab	0.59	0.76		0.59	-0.1	0.58	0.46	0.69	0.49	0.3	-0.1	0.49	0.44	-0.16	0.61	0.18	0.39	-0.41	0.67	0.62	0.36	-0.2	0.45	-0.32	-0.72	0.36
Total Current Liabilities	0.83	0.81	0.59		-0.17	0.85	0.81	0.37	0.81	0.72	0.23	0.81	0.87	-0.07	0.9	0.75	0.03	-0.32	0.93	0.93	0.02	0.1	0.86	-0.01	-0.1	0.49
Total Stockholder Equity	0.24	-0.26	-0.1	-0.17		-0.08	-0.45	-0.31	-0.24	0.19	-0.35	-0.24	-0.04	0.83	-0.33	0.17	0.19	0.86	-0.28	-0.01	0.16	0.67	-0.29	0.68	0.2	-0.18
Property Plant And Equipment Net	0.79	0.62	0.58	0.85	-0.08		0.87	0.39	0.83	0.9	0.49	0.83	0.96	-0.05	0.88	0.84	-0.28	-0.25	0.85	0.86	-0.33	0.26	0.92	-0.07	-0.24	0.79
Net Debt	0.57	0.68	0.46	0.81	-0.45	0.87		0.29	0.81	0.69	0.57	0.81	0.82	-0.25	0.95	0.69	-0.33	-0.44	0.89	0.74	-0.37	0.13	0.91	-0.27	-0.21	0.66
Retained Earnings	0.33	0.55	0.69	0.37	-0.31	0.39	0.29		0.38	0.08	-0.15	0.38	0.23	-0.66	0.41	-0.04	0.31	-0.74	0.45	0.4	0.29	-0.59	0.4	-0.7	-0.37	0.55
Cash	0.65	0.64	0.49	0.81	-0.24	0.83	0.81	0.38		0.69	0.45	1.0	0.77	-0.15	0.85	0.65	-0.24	-0.34	0.82	0.84	-0.25	0.09	0.81	-0.15	-0.23	0.68
Non Current Assets Total	0.81	0.38	0.3	0.72	0.19	0.9	0.69	0.08	0.69		0.46	0.69	0.93	0.23	0.7	0.96	-0.37	0.09	0.66	0.78	-0.42	0.54	0.74	0.31	0.03	0.66
Non Currrent Assets Other	-0.06	-0.15	-0.1	0.23	-0.35	0.49	0.57	-0.15	0.45	0.46		0.45	0.52	-0.11	0.33	0.41	-0.91	-0.13	0.19	0.12	-0.91	0.19	0.52	-0.16	-0.21	0.58
Cash And Short Term Investments	0.65	0.64	0.49	0.81	-0.24	0.83	0.81	0.38	1.0	0.69	0.45		0.77	-0.15	0.85	0.65	-0.24	-0.34	0.82	0.84	-0.25	0.09	0.81	-0.15	-0.23	0.68
Net Receivables	0.79	0.53	0.44	0.87	-0.04	0.96	0.82	0.23	0.77	0.93	0.52	0.77		0.06	0.82	0.92	-0.33	-0.14	0.79	0.85	-0.38	0.3	0.91	0.11	-0.11	0.67
Common Stock Shares Outstanding	0.19	-0.22	-0.16	-0.07	0.83	-0.05	-0.25	-0.66	-0.15	0.23	-0.11	-0.15	0.06		-0.19	0.29	0.02	0.94	-0.18	0.03	0.0	0.79	-0.19	0.84	0.12	-0.35
Non Current Liabilities Total	0.75	0.86	0.61	0.9	-0.33	0.88	0.95	0.41	0.85	0.7	0.33	0.85	0.82	-0.19		0.71	-0.06	-0.43	0.99	0.89	-0.1	0.09	0.9	-0.19	-0.2	0.59
Inventory	0.8	0.41	0.18	0.75	0.17	0.84	0.69	-0.04	0.65	0.96	0.41	0.65	0.92	0.29	0.71		-0.32	0.14	0.67	0.79	-0.37	0.54	0.76	0.41	0.18	0.51
Other Current Assets	0.23	0.45	0.39	0.03	0.19	-0.28	-0.33	0.31	-0.24	-0.37	-0.91	-0.24	-0.33	0.02	-0.06	-0.32		-0.06	0.1	0.12	0.99	-0.3	-0.29	0.05	-0.02	-0.51
Other Stockholder Equity	-0.02	-0.47	-0.41	-0.32	0.86	-0.25	-0.44	-0.74	-0.34	0.09	-0.13	-0.34	-0.14	0.94	-0.43	0.14	-0.06		-0.43	-0.22	-0.07	0.8	-0.39	0.82	0.29	-0.39
Total Liab	0.8	0.92	0.67	0.93	-0.28	0.85	0.89	0.45	0.82	0.66	0.19	0.82	0.79	-0.18	0.99	0.67	0.1	-0.43		0.92	0.06	0.05	0.86	-0.16	-0.19	0.51
Total Current Assets	0.94	0.82	0.62	0.93	-0.01	0.86	0.74	0.4	0.84	0.78	0.12	0.84	0.85	0.03	0.89	0.79	0.12	-0.22	0.92		0.08	0.16	0.81	0.11	-0.1	0.49
Short Term Debt	0.18	0.42	0.36	0.02	0.16	-0.33	-0.37	0.29	-0.25	-0.42	-0.91	-0.25	-0.38	0.0	-0.1	-0.37	0.99	-0.07	0.06	0.08		-0.33	-0.34	0.04	-0.01	-0.54
Intangible Assets	0.31	-0.13	-0.2	0.1	0.67	0.26	0.13	-0.59	0.09	0.54	0.19	0.09	0.3	0.79	0.09	0.54	-0.3	0.8	0.05	0.16	-0.33		0.07	0.67	0.26	0.07
Accounts Payable	0.65	0.65	0.45	0.86	-0.29	0.92	0.91	0.4	0.81	0.74	0.52	0.81	0.91	-0.19	0.9	0.76	-0.29	-0.39	0.86	0.81	-0.34	0.07		-0.21	-0.13	0.71
Common Stock	0.3	-0.22	-0.32	-0.01	0.68	-0.07	-0.27	-0.7	-0.15	0.31	-0.16	-0.15	0.11	0.84	-0.19	0.41	0.05	0.82	-0.16	0.11	0.04	0.67	-0.21		0.39	-0.43
Current Deferred Revenue	-0.01	-0.24	-0.72	-0.1	0.2	-0.24	-0.21	-0.37	-0.23	0.03	-0.21	-0.23	-0.11	0.12	-0.2	0.18	-0.02	0.29	-0.19	-0.1	-0.01	0.26	-0.13	0.39		-0.21
Good Will	0.4	0.27	0.36	0.49	-0.18	0.79	0.66	0.55	0.68	0.66	0.58	0.68	0.67	-0.35	0.59	0.51	-0.51	-0.39	0.51	0.49	-0.54	0.07	0.71	-0.43	-0.21

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Zurn Elkay Account Relationship Matchups

Zurn Elkay fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	3.4B	1.1B	2.9B	2.7B	3.1B	1.7B
Short Long Term Debt Total	2.4B	539.5M	570.1M	543.2M	624.7M	904.1M
Other Current Liab	276.2M	(24.5M)	(195.4M)	93.1M	107.1M	84.9M
Total Current Liabilities	317.5M	240.4M	289.3M	220.9M	254.0M	222.5M
Total Stockholder Equity	1.4B	126.4M	1.6B	1.6B	1.8B	1.9B
Property Plant And Equipment Net	87.7M	64.4M	183.8M	226.7M	260.7M	198.2M
Net Debt	(62.3M)	442.9M	445.3M	406.5M	467.5M	649.6M
Retained Earnings	116M	(1.2B)	(1.2B)	(1.2B)	(1.1B)	(1.0B)
Cash	62.3M	96.6M	124.8M	136.7M	157.2M	161.5M
Non Current Assets Total	532.8M	602.9M	2.1B	2.0B	2.3B	1.2B
Non Currrent Assets Other	(532.8M)	105.3M	(85.4M)	20.8M	18.7M	11.4M
Cash And Short Term Investments	62.3M	96.6M	124.8M	136.7M	157.2M	161.5M
Net Receivables	103.6M	177.2M	238M	227.2M	261.3M	169.9M
Common Stock Shares Outstanding	123.2M	125.1M	153.8M	177.3M	203.8M	214.0M
Liabilities And Stockholders Equity	3.4B	1.1B	2.9B	2.7B	3.1B	1.7B
Non Current Liabilities Total	1.1B	710.9M	959.7M	843.3M	969.8M	1.1B
Inventory	136.1M	184.5M	366.7M	277.6M	319.2M	205.1M
Other Current Assets	605.7M	16.5M	28M	26.3M	30.2M	43.1M
Other Stockholder Equity	1.3B	1.4B	2.9B	2.8B	3.3B	3.4B
Total Liab	2.0B	951.3M	1.2B	1.1B	1.2B	1.3B
Total Current Assets	907.7M	474.8M	757.5M	667.8M	768.0M	539.9M
Short Term Debt	1.2B	5.6M	5.7M	11.5M	13.2M	12.6M
Intangible Assets	200.3M	179.1M	1.0B	952.4M	1.1B	1.2B
Accounts Payable	41.3M	105.1M	116.9M	56.4M	64.9M	113.8M
Common Stock	1.2M	1.3M	1.8M	1.7M	2.0M	1.1M
Good Will	244.8M	254.1M	777M	796M	716.4M	803.9M
Accumulated Other Comprehensive Income	(73M)	(74.9M)	(75M)	(67.7M)	(60.9M)	(64.0M)
Other Assets	76.8M	2.0B	91.2M	93.4M	107.4M	102.0M
Long Term Debt	1.1B	533.9M	529.8M	473.6M	426.2M	824.7M
Long Term Debt Total	1.4B	1.2B	533.9M	530.2M	477.2M	896.6M
Capital Surpluse	1.3B	1.4B	1.4B	2.9B	3.3B	1.7B
Cash And Equivalents	573.4M	255.6M	96.6M	124.8M	112.3M	106.7M
Property Plant Equipment	449.9M	506.1M	78.5M	226.4M	203.8M	279.0M
Other Liab	397.8M	395M	168.1M	395.3M	355.8M	286.4M
Net Tangible Assets	(525.1M)	(458.4M)	(306.8M)	(171.7M)	(197.5M)	(207.3M)
Short Long Term Debt	1.2M	76.4M	5.6M	5.5M	6.3M	6.0M

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