Zoetis Historical Cash Flow
| ZTS Stock | USD 172.05 0.74 0.43% |
Analysis of Zoetis cash flow over time is an excellent tool to project Zoetis Inc future capital expenditures as well as to predict the amount of cash needed to cover cost of sales, R&D expenses or production expansions. Investors should almost always look for trends in cash flow indicators such as Stock Based Compensation of 46.6 M or Free Cash Flow of 947 M as it is a great indicator of Zoetis ability to facilitate future growth, repay debt on time or pay out dividends.
Financial Statement Analysis is much more than just reviewing and examining Zoetis 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 Zoetis Inc is a good buy for the upcoming year.
Zoetis |
About Zoetis Cash Flow Analysis
The Cash Flow Statement is a financial statement that shows how changes in Zoetis balance sheet and income statement accounts affect cash and cash equivalents. It breaks the analysis down to operating, investing, and financing activities. One of the most critical aspects of the cash flow statement is liquidity, which is the degree to which Zoetis's non-liquid assets can be easily converted into cash.
Zoetis Cash Flow Chart
Zoetis Cash Flow Statement became part of mandatory reporting in 1987. It is now one of three main statements in accounting used to measure how well a company manages its liquidity and overall cash position. The rate of cash utilization and preservation is now part of the leading indicators of a healthy entity, and the Zoetis Inc Cash Flow Statement shows how well the company generates cash to payout debt obligations or to cover ongoing operating expenses.
At this time, Zoetis' Begin Period Cash Flow is comparatively stable compared to the past year. Dividends Paid is likely to gain to about 726.6 M in 2024, despite the fact that Change In Cash is likely to grow to (1.5 B). Add Fundamental
Stock Based Compensation
Compensation provided to employees in the form of equity or options to purchase company stock. This type of compensation is used to align the interests of employees and shareholders.Begin Period Cash Flow
The amount of cash a company has at the beginning of a financial reporting period. It serves as the starting point for calculating the period's cash flow from operations, investing, and financing activities.Dividends Paid
The total amount of dividends that a company has paid out to its shareholders over a specific period.Most accounts from Zoetis' cash flow statement are interrelated and interconnected. However, analyzing cash flow statement accounts one by one will only give a small insight into Zoetis Inc current financial condition. On the other hand, looking into the entire matrix of cash flow statement 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 Zoetis Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate. At this time, Zoetis' Begin Period Cash Flow is comparatively stable compared to the past year. Dividends Paid is likely to gain to about 726.6 M in 2024, despite the fact that Change In Cash is likely to grow to (1.5 B).
| 2021 | 2022 | 2023 | 2024 (projected) | Other Non Cash Items | 96M | 259M | 31M | 29.5M | Depreciation | 448M | 465M | 491M | 320.7M |
Zoetis cash flow statement Correlations
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Zoetis Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Zoetis cash flow statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Change In Cash | 332M | 1.7B | (119M) | 96M | (1.5B) | (1.5B) | |
| Stock Based Compensation | 67M | 59M | 58M | 62M | 60M | 46.6M | |
| Free Cash Flow | 1.3B | 1.7B | 1.7B | 1.3B | 1.6B | 947.0M | |
| Change In Working Capital | (151M) | (85M) | (343M) | (699M) | (512M) | (486.4M) | |
| Begin Period Cash Flow | 1.6B | 1.9B | 3.6B | 3.5B | 3.6B | 3.8B | |
| Other Cashflows From Financing Activities | (11M) | 9M | (6M) | 1.3B | 24M | 22.8M | |
| Depreciation | 412M | 441M | 448M | 465M | 491M | 320.7M | |
| Other Non Cash Items | 46M | 137M | 96M | 259M | 31M | 29.5M | |
| Dividends Paid | 314M | 380M | 474M | 611M | 692M | 726.6M | |
| Capital Expenditures | 460M | 453M | 477M | 586M | 732M | 768.6M | |
| Total Cash From Operating Activities | 1.8B | 2.1B | 2.2B | 1.9B | 2.4B | 1.3B | |
| Change To Account Receivables | (69M) | 74M | (155M) | (137M) | (102M) | (96.9M) | |
| Net Income | 1.5B | 1.6B | 2.0B | 2.1B | 2.3B | 2.5B | |
| Total Cash From Financing Activities | (951M) | 123M | (1.9B) | (904M) | (3.1B) | (3.0B) | |
| End Period Cash Flow | 1.9B | 3.6B | 3.5B | 3.6B | 2.0B | 1.6B | |
| Other Cashflows From Investing Activities | (182M) | (92M) | (13M) | (311M) | (279.9M) | (293.9M) | |
| Change To Liabilities | 73M | 255M | 185M | (111M) | (127.7M) | (121.3M) | |
| Sale Purchase Of Stock | (626M) | (250M) | (743M) | (1.6B) | (1.1B) | (1.0B) | |
| Change Receivables | (69M) | 74M | (155M) | (137M) | (123.3M) | (117.1M) | |
| Net Borrowings | (9M) | 732M | (604M) | 1.3B | 1.2B | 1.3B | |
| Total Cashflows From Investing Activities | (504M) | (572M) | (458M) | (883M) | (794.7M) | (834.4M) | |
| Cash And Cash Equivalents Changes | 332M | 1.7B | (107M) | 125M | 143.8M | 136.6M | |
| Cash Flows Other Operating | (48M) | (71M) | (4M) | 152M | 174.8M | 183.5M | |
| Change To Netincome | (57M) | 31M | 137M | (82M) | (73.8M) | (70.1M) | |
| Change To Operating Activities | 32M | 40M | 195M | (47M) | (54.1M) | (51.3M) | |
| Investments | 138M | (27M) | 32M | (883M) | (777M) | (738.2M) |
Pair Trading with Zoetis
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 Zoetis 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 Zoetis will appreciate offsetting losses from the drop in the long position's value.Moving together with Zoetis Stock
| 0.62 | DRMA | Dermata Therapeutics | PairCorr |
| 0.82 | VRAX | Virax Biolabs Group Fiscal Year End 12th of June 2024 | PairCorr |
Moving against Zoetis Stock
| 0.64 | XFOR | X4 Pharmaceuticals | PairCorr |
The ability to find closely correlated positions to Zoetis could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Zoetis 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 Zoetis - 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 Zoetis Inc to buy it.
The correlation of Zoetis 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 Zoetis moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Zoetis 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 Zoetis 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.Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Zoetis Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate. You can also try the Sign In To Macroaxis module to sign in to explore Macroaxis' wealth optimization platform and fintech modules.
Complementary Tools for Zoetis Stock analysis
When running Zoetis' price analysis, check to measure Zoetis' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Zoetis is operating at the current time. Most of Zoetis' value examination focuses on studying past and present price action to predict the probability of Zoetis' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Zoetis' price. Additionally, you may evaluate how the addition of Zoetis to your portfolios can decrease your overall portfolio volatility.
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Is Zoetis' 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 Zoetis. If investors know Zoetis 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 Zoetis 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 0.099 | Dividend Share 1.557 | Earnings Share 5.18 | Revenue Per Share 18.995 | Quarterly Revenue Growth 0.095 |
The market value of Zoetis Inc is measured differently than its book value, which is the value of Zoetis that is recorded on the company's balance sheet. Investors also form their own opinion of Zoetis' value that differs from its market value or its book value, called intrinsic value, which is Zoetis' 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 Zoetis' market value can be influenced by many factors that don't directly affect Zoetis' 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 Zoetis' value and its price as these two are different measures arrived at by different means. Investors typically determine if Zoetis is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Zoetis' 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.