Zynex Total Current Assets from 2010 to 2024

ZYXI Stock  USD 9.29  0.30  3.13%   
Zynex's Total Current Assets are increasing with slightly volatile movements from year to year. Total Current Assets are estimated to finish at about 92.2 M this year. Total Current Assets is the total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle. View All Fundamentals
 
Total Current Assets  
First Reported
1998-12-31
Previous Quarter
87.9 M
Current Value
78 M
Quarterly Volatility
26.4 M
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
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 Total Current Assets Growth Pattern

Below is the plot of the Total Current Assets of Zynex Inc over the last few years. It is the total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle. Zynex's Total Current Assets 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.
Total Current Assets10 Years Trend
Slightly volatile
   Total Current Assets   
       Timeline  

Zynex Total Current Assets Regression Statistics

Arithmetic Mean33,707,791
Geometric Mean9,178,388
Coefficient Of Variation102.27
Mean Deviation30,244,639
Median18,048,000
Standard Deviation34,473,485
Sample Variance1188.4T
Range92.2M
R-Value0.84
Mean Square Error385.7T
R-Squared0.70
Significance0.0001
Slope6,443,191
Total Sum of Squares16637.9T

Zynex Total Current Assets History

202492.2 M
202387.9 M
202269.6 M
202182.7 M
202063 M
201922.6 M
201814.3 M

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 Total Current Assets, 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
Total Current Assets87.9 M92.2 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 Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.
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.