Zai Long Term Investments vs Intangible Assets Analysis

ZLAB Stock  USD 19.93  0.92  4.41%   
Zai Lab financial indicator trend analysis is more than just analyzing Zai Lab current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Zai Lab is a good investment. Please check the relationship between Zai Lab Long Term Investments and its Intangible Assets accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Zai Lab. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation.
For information on how to trade Zai Stock refer to our How to Trade Zai Stock guide.

Long Term Investments vs Intangible Assets

Long Term Investments vs Intangible Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Zai Lab Long Term Investments account and Intangible Assets. At this time, the significance of the direction appears to have strong relationship.
The correlation between Zai Lab's Long Term Investments and Intangible Assets is 0.66. Overlapping area represents the amount of variation of Long Term Investments that can explain the historical movement of Intangible Assets in the same time period over historical financial statements of Zai Lab, assuming nothing else is changed. The correlation between historical values of Zai Lab's Long Term Investments and Intangible Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Long Term Investments of Zai Lab are associated (or correlated) with its Intangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Intangible Assets has no effect on the direction of Long Term Investments i.e., Zai Lab's Long Term Investments and Intangible Assets go up and down completely randomly.

Correlation Coefficient

0.66
Relationship DirectionPositive 
Relationship StrengthSignificant

Long Term Investments

Long Term Investments is an item on the asset side of Zai Lab balance sheet that represents investments Zai Lab intends to hold for over a year. Zai Lab long term investments may include different instruments such as stocks, bonds, real estate and cash.

Intangible Assets

Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.
Most indicators from Zai Lab's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Zai Lab 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 Zai Lab. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation.
For information on how to trade Zai Stock refer to our How to Trade Zai Stock guide.At present, Zai Lab's Selling General Administrative is projected to increase significantly based on the last few years of reporting. The current year's Enterprise Value is expected to grow to about 2.4 B, whereas Issuance Of Capital Stock is forecasted to decline to 0.00.
 2021 2022 2023 2024 (projected)
Interest Income2.2M14.6M38.8M40.8M
Net Interest Income2.2M14.6M38.8M40.8M

Zai Lab fundamental ratios Correlations

0.110.861.00.920.950.92-0.91-0.80.880.930.961.00.890.81-0.030.840.840.960.850.840.671.00.770.910.83
0.110.090.090.190.120.07-0.2-0.160.040.190.060.1-0.10.160.28-0.060.080.130.17-0.03-0.210.110.22-0.040.1
0.860.090.840.980.960.87-0.93-0.970.990.870.890.840.80.81-0.040.880.810.910.860.870.570.860.930.870.96
1.00.090.840.910.950.91-0.89-0.780.860.910.951.00.890.78-0.090.840.820.940.810.830.661.00.750.90.81
0.920.190.980.910.980.89-0.96-0.950.970.920.910.910.80.80.00.850.840.940.880.860.570.920.90.870.94
0.950.120.960.950.980.91-0.93-0.910.960.90.940.950.870.8-0.080.90.820.940.840.870.630.950.90.910.93
0.920.070.870.910.890.91-0.91-0.890.850.930.980.890.940.89-0.090.910.960.970.840.950.730.910.830.970.92
-0.91-0.2-0.93-0.89-0.96-0.93-0.910.93-0.9-0.98-0.89-0.89-0.79-0.76-0.02-0.79-0.91-0.95-0.87-0.87-0.59-0.91-0.8-0.86-0.9
-0.8-0.16-0.97-0.78-0.95-0.91-0.890.93-0.92-0.87-0.86-0.77-0.77-0.810.01-0.85-0.88-0.9-0.84-0.89-0.55-0.8-0.92-0.85-0.98
0.880.040.990.860.970.960.85-0.9-0.920.850.890.860.80.78-0.070.870.760.890.850.840.580.870.90.870.92
0.930.190.870.910.920.90.93-0.98-0.870.850.910.910.820.770.030.760.930.970.880.880.620.930.730.880.84
0.960.060.890.950.910.940.98-0.89-0.860.890.910.940.950.89-0.090.930.880.970.850.920.750.950.850.970.89
1.00.10.841.00.910.950.89-0.89-0.770.860.910.940.870.78-0.030.820.810.930.830.810.661.00.740.890.8
0.89-0.10.80.890.80.870.94-0.79-0.770.80.820.950.870.77-0.220.940.820.90.730.950.840.880.770.990.83
0.810.160.810.780.80.80.89-0.76-0.810.780.770.890.780.770.030.790.840.860.810.760.520.80.830.810.83
-0.030.28-0.04-0.090.0-0.08-0.09-0.020.01-0.070.03-0.09-0.03-0.220.03-0.23-0.03-0.040.36-0.170.13-0.03-0.05-0.19-0.09
0.84-0.060.880.840.850.90.91-0.79-0.850.870.760.930.820.940.79-0.230.780.850.70.910.770.830.90.950.92
0.840.080.810.820.840.820.96-0.91-0.880.760.930.880.810.820.84-0.030.780.940.80.890.60.830.730.870.86
0.960.130.910.940.940.940.97-0.95-0.90.890.970.970.930.90.86-0.040.850.940.90.930.670.950.820.940.9
0.850.170.860.810.880.840.84-0.87-0.840.850.880.850.830.730.810.360.70.80.90.790.660.850.770.790.8
0.84-0.030.870.830.860.870.95-0.87-0.890.840.880.920.810.950.76-0.170.910.890.930.790.780.830.830.970.91
0.67-0.210.570.660.570.630.73-0.59-0.550.580.620.750.660.840.520.130.770.60.670.660.780.670.550.810.62
1.00.110.861.00.920.950.91-0.91-0.80.870.930.951.00.880.8-0.030.830.830.950.850.830.670.760.90.82
0.770.220.930.750.90.90.83-0.8-0.920.90.730.850.740.770.83-0.050.90.730.820.770.830.550.760.830.96
0.91-0.040.870.90.870.910.97-0.86-0.850.870.880.970.890.990.81-0.190.950.870.940.790.970.810.90.830.9
0.830.10.960.810.940.930.92-0.9-0.980.920.840.890.80.830.83-0.090.920.860.90.80.910.620.820.960.9
Click cells to compare fundamentals

Zai Lab Account Relationship Matchups

Zai Lab fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets355.2M1.3B1.6B1.2B1.0B754.6M
Other Current Liab10.3M5.4M33.3M45.5M54.2M56.9M
Total Current Liabilities46.6M98.0M192.9M139.8M203.1M213.2M
Total Stockholder Equity294.7M1.2B1.4B1.0B796.1M623.6M
Other Liab2.9M16.9M27.5M21.4M24.6M25.8M
Net Tangible Assets285.9M1.2B1.4B1.0B1.2B1.3B
Property Plant And Equipment Net36.9M47.1M58.3M78.8M68.7M39.8M
Net Debt(54.2M)(423.5M)(948.6M)(988.1M)(775M)(736.3M)
Retained Earnings(444.7M)(713.6M)(1.4B)(1.9B)(2.2B)(2.1B)
Accounts Payable22.7M62.6M126.2M66.0M113.0M118.6M
Cash75.9M442.1M964.1M1.0B790.2M448.6M
Non Current Assets Total62.7M81.6M109.1M95.8M96.7M61.5M
Cash And Short Term Investments275.9M1.2B1.4B1.0B806.5M644.9M
Common Stock Total Equity3.0K3.5K4K5K5.8K3.0K
Common Stock Shares Outstanding87.8M77.7M93.0M95.8M96.6M76.3M
Liabilities And Stockholders Equity355.2M1.3B1.6B1.2B1.0B754.6M
Non Current Liabilities Total13.9M30.3M37.1M34.7M37.1M28.5M
Other Current Assets6.7M10.9M18.0M35.7M23.0M12.4M
Other Stockholder Equity734.7M1.9B2.8B2.9B3.0B1.5B
Total Liab60.5M128.3M230M174.5M240.2M131.0M
Total Current Assets292.5M1.2B1.5B1.1B939.6M693.0M
Accumulated Other Comprehensive Income4.6M(14.5M)(23.6M)25.7M37.6M39.5M
Intangible Assets8.8M9.4M9.7M8.4M16.5M17.3M
Common Stock3.5K4.1K5K6K6.9K4.2K
Property Plant Equipment36.4M46.9M57.3M77.4M89.0M93.4M
Non Currrent Assets Other510.2K743K803K2.2M4.3M2.6M
Other Assets15.1M110.1M26.5M3.6M4.1M3.9M
Long Term Investments2.4M1.3M15.6M6.4M9.2M5.5M
Current Deferred Revenue2.9M24.7M27.5M21.4M28.7M27.3M
Net Invested Capital301.1M1.2B1.4B1.0B796.1M814.3M
Net Working Capital245.8M1.1B1.3B984.5M736.5M759.3M
Short Term Debt10.8M5.2M5.9M7.1M7.1M6.7M
Short Long Term Debt Total21.8M18.6M15.5M20.4M15.2M17.4M
Net Receivables3.8M5.2M54.8M48.6M65.3M68.6M
Short Term Investments200M744.7M445M0.016.3M15.5M
Inventory6.0M13.1M19.0M31.6M44.8M47.1M

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When determining whether Zai Lab offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Zai Lab'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 Zai Lab Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Zai Lab Stock:
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Zai Lab. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation.
For information on how to trade Zai Stock refer to our How to Trade Zai Stock guide.
Note that the Zai Lab information on this page should be used as a complementary analysis to other Zai Lab's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Portfolio Dashboard module to portfolio dashboard that provides centralized access to all your investments.

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Is Zai Lab's industry 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 Zai Lab. If investors know Zai 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 Zai Lab listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(3.50)
Revenue Per Share
3.003
Quarterly Revenue Growth
0.388
Return On Assets
(0.22)
Return On Equity
(0.38)
The market value of Zai Lab is measured differently than its book value, which is the value of Zai that is recorded on the company's balance sheet. Investors also form their own opinion of Zai Lab's value that differs from its market value or its book value, called intrinsic value, which is Zai Lab'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 Zai Lab's market value can be influenced by many factors that don't directly affect Zai Lab'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 Zai Lab's value and its price as these two are different measures arrived at by different means. Investors typically determine if Zai Lab is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Zai Lab'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.