Zynex Historical Balance Sheet

ZYXI Stock  USD 8.32  0.03  0.36%   
Trend analysis of Zynex Inc balance sheet accounts such as Common Stock Shares Outstanding of 30.4 M, Total Assets of 143.7 M, Total Stockholder Equity of 48.4 M or Retained Earnings of 28.1 M provides information on Zynex's total assets, liabilities, and equity, which is the actual value of Zynex Inc to its prevalent stockholders. By breaking down trends over time using Zynex balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
 
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Financial Statement Analysis is much more than just reviewing and examining Zynex Inc latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Zynex Inc is a good buy for the upcoming year.

Zynex Inventory

13.76 Million

  
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Zynex 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 interest.

About Zynex Balance Sheet Analysis

Balance Sheet is a snapshot of the financial position of Zynex Inc at a specified time, usually calculated after every quarter, six months, or one year. Zynex Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Zynex and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Zynex currently owns. An asset can also be divided into two categories, current and non-current.

Zynex Balance Sheet Chart

As of now, Zynex's Other Current Assets are increasing as compared to previous years. The Zynex's current Total Current Assets is estimated to increase to about 92.2 M, while Common Stock Shares Outstanding is projected to decrease to under 30.4 M.

Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.

Total Assets

Total assets refers to the total amount of Zynex 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 Zynex 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.

Common Stock Total Equity

The total value of common stock equity held by shareholders, representing their ownership interest in the company.

Other Current Assets

Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.
Most accounts from Zynex's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Zynex Inc current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, 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 Zynex 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 interest.
As of now, Zynex's Other Current Assets are increasing as compared to previous years. The Zynex's current Total Current Assets is estimated to increase to about 92.2 M, while Common Stock Shares Outstanding is projected to decrease to under 30.4 M.
 2021 2022 2023 2024 (projected)
Other Current Assets1.4M868K3.3M3.5M
Common Stock Total Equity41K39K44.9K33.8K

Zynex balance sheet Correlations

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Zynex Account Relationship Matchups

Zynex balance sheet Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding37.4M38.4M43.1M39.1M36.1M30.4M
Total Assets28.3M72.2M133.3M116.5M136.9M143.7M
Total Stockholder Equity19.7M56.9M73.9M66.4M46.1M48.4M
Retained Earnings14.4M23.4M0.017.0M26.8M28.1M
Other Current Assets315K2.8M1.4M868K3.3M3.5M
Other Stockholder Equity5.4M33.4M73.9M49.3M19.3M10.8M
Total Current Assets22.6M63.0M82.7M69.6M87.9M92.2M
Liabilities And Stockholders Equity28.3M72.2M133.3M116.5M136.9M143.7M
Total Liab8.6M15.3M59.3M50.1M90.8M95.3M
Short Long Term Debt Total4.7M7.3M35.1M27.0M76.2M80.0M
Other Current Liab1.8M864K4.5M5.5M1.6M1.9M
Total Current Liabilities5.2M10.1M22.9M21.1M18.5M19.5M
Property Plant And Equipment Net4.7M7.9M18.5M15.0M16.2M17.0M
Net Debt(9.4M)(31.8M)(7.5M)6.8M31.6M33.2M
Accounts Payable2.1M4.7M4.7M5.6M8.4M8.9M
Non Current Assets Total5.7M9.2M50.6M46.9M49.0M51.5M
Net Receivables5.8M13.8M28.6M35.1M26.8M28.2M
Non Current Liabilities Total3.4M5.2M36.5M29.0M72.2M75.9M
Inventory2.4M8.6M10.8M13.5M13.1M13.8M
Property Plant And Equipment Gross4.7M7.9M18.5M15.0M18.4M19.3M
Short Term Debt1.3M4.3M11.3M7.9M7.9M8.2M
Property Plant Equipment4.9M1.9M18.9M2.2M2.5M3.0M
Non Currrent Assets Other509K668K974K861K409K429.5K
Cash14.0M39.2M42.6M20.1M44.6M46.8M
Other Assets842K913K1.3M2.2M1.00.95
Cash And Short Term Investments14.0M39.2M42.6M20.1M44.6M46.8M
Net Tangible Assets19.7M56.9M43.5M36.9M42.4M44.5M
Retained Earnings Total Equity4.9M14.4M23.4M17.0M19.6M20.6M
Capital Surpluse9.2M37.2M80.4M82.4M94.8M99.5M
Capital Lease Obligations4.7M7.3M19.2M16.3M18.6M19.5M

Currently Active Assets on Macroaxis

When determining whether Zynex Inc offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Zynex'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 Zynex Inc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Zynex Inc Stock:
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Zynex 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 interest.
You can also try the Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.
Is Health Care Equipment & Supplies 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 Zynex. If investors know Zynex 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 Zynex listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.30)
Earnings Share
0.14
Revenue Per Share
5.984
Quarterly Revenue Growth
0.001
Return On Assets
0.0399
The market value of Zynex Inc is measured differently than its book value, which is the value of Zynex that is recorded on the company's balance sheet. Investors also form their own opinion of Zynex's value that differs from its market value or its book value, called intrinsic value, which is Zynex'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 Zynex's market value can be influenced by many factors that don't directly affect Zynex'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 Zynex's value and its price as these two are different measures arrived at by different means. Investors typically determine if Zynex is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Zynex'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.