Zynex Good Will from 2010 to 2024

ZYXI Stock  USD 9.35  0.50  5.08%   
Zynex's Good Will is increasing with slightly volatile movements from year to year. Good Will is estimated to finish at about 24.6 M this year. Good Will is an intangible asset that arises when Zynex Inc acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors. View All Fundamentals
 
Good Will  
First Reported
2012-03-31
Previous Quarter
20.4 M
Current Value
20.4 M
Quarterly Volatility
9.5 M
 
Yuan Drop
 
Covid
Check Zynex financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Zynex's main balance sheet or income statement drivers, such as Depreciation And Amortization of 4.4 M, Interest Expense of 1.1 M or Total Revenue of 193.5 M, as well as many indicators such as Price To Sales Ratio of 2.0, Dividend Yield of 0.0 or PTB Ratio of 7.97. Zynex financial statements analysis is a perfect complement when working with Zynex Valuation or Volatility modules.
  
Check out the analysis of Zynex Correlation against competitors.

Latest Zynex's Good Will Growth Pattern

Below is the plot of the Good Will of Zynex Inc over the last few years. It is an intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors. Zynex's Good Will historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Zynex's overall financial position and show how it may be relating to other accounts over time.
Good Will10 Years Trend
Slightly volatile
   Good Will   
       Timeline  

Zynex Good Will Regression Statistics

Arithmetic Mean6,004,491
Geometric Mean0.00
Coefficient Of Variation169.44
Mean Deviation8,650,586
Median178,000
Standard Deviation10,173,871
Sample Variance103.5T
Range24.6M
R-Value0.77
Mean Square Error45.2T
R-Squared0.59
Significance0.0008
Slope1,753,608
Total Sum of Squares1449.1T

Zynex Good Will History

202424.6 M
202323.5 M
202120.4 M
2017null
201634 K
201574 K
2014131 K

About Zynex Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Zynex income statement, its balance sheet, and the statement of cash flows. Zynex investors use historical funamental indicators, such as Zynex's Good Will, to determine how well the company is positioned to perform in the future. Although Zynex investors may use each financial statement separately, they are all related. The changes in Zynex's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Zynex's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Zynex Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Zynex. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Good Will23.5 M24.6 M

Currently Active Assets on Macroaxis

Additional Information and Resources on Investing in Zynex Stock

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 the analysis of Zynex Correlation against competitors.
You can also try the Money Managers module to screen money managers from public funds and ETFs managed around the world.
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
(0.99)
Earnings Share
0.23
Revenue Per Share
5.474
Quarterly Revenue Growth
0.103
Return On Assets
0.0581
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.