Zebra Net Income vs Income Tax Expense Analysis

ZBRA Stock  USD 300.01  2.80  0.94%   
Zebra Technologies financial indicator trend analysis is more than just analyzing Zebra Technologies current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Zebra Technologies is a good investment. Please check the relationship between Zebra Technologies Net Income and its Income Tax Expense accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Zebra Technologies. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area.
For information on how to trade Zebra Stock refer to our How to Trade Zebra Stock guide.

Net Income vs Income Tax Expense

Net Income vs Income Tax Expense Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Zebra Technologies Net Income account and Income Tax Expense. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Zebra Technologies' Net Income and Income Tax Expense is 0.82. Overlapping area represents the amount of variation of Net Income that can explain the historical movement of Income Tax Expense in the same time period over historical financial statements of Zebra Technologies, assuming nothing else is changed. The correlation between historical values of Zebra Technologies' Net Income and Income Tax Expense is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Income of Zebra Technologies are associated (or correlated) with its Income Tax Expense. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Income Tax Expense has no effect on the direction of Net Income i.e., Zebra Technologies' Net Income and Income Tax Expense go up and down completely randomly.

Correlation Coefficient

0.82
Relationship DirectionPositive 
Relationship StrengthStrong

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in Zebra Technologies financial statement analysis. It represents the amount of money remaining after all of Zebra Technologies operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.

Income Tax Expense

Most indicators from Zebra Technologies' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Zebra Technologies 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 Zebra Technologies. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area.
For information on how to trade Zebra Stock refer to our How to Trade Zebra Stock guide.At present, Zebra Technologies' Selling General Administrative is projected to increase significantly based on the last few years of reporting. The current year's Sales General And Administrative To Revenue is expected to grow to 0.09, whereas Discontinued Operations is forecasted to decline to about 113.7 K.
 2021 2022 2023 2024 (projected)
Total Revenue5.6B5.8B4.6B4.8B
Depreciation And Amortization256M204M176M184.8M

Zebra Technologies fundamental ratios Correlations

0.00.910.920.820.960.780.820.860.461.00.72-0.120.91-0.310.810.950.89-0.70.950.960.620.830.71-0.790.69
0.0-0.16-0.25-0.1-0.050.210.01-0.310.17-0.05-0.250.620.04-0.550.22-0.030.04-0.310.050.2-0.330.030.150.230.07
0.91-0.160.970.770.870.60.750.950.450.90.67-0.160.89-0.030.630.860.75-0.590.840.880.650.60.68-0.740.67
0.92-0.250.970.840.930.570.810.970.330.930.79-0.260.85-0.020.590.910.8-0.610.820.860.780.70.71-0.750.73
0.82-0.10.770.840.890.310.990.750.250.810.860.00.62-0.240.350.860.91-0.810.590.80.720.860.57-0.420.63
0.96-0.050.870.930.890.660.880.860.340.960.84-0.160.84-0.260.670.940.89-0.710.850.90.740.880.76-0.720.75
0.780.210.60.570.310.660.350.540.430.790.31-0.190.8-0.410.990.670.55-0.380.930.730.250.560.57-0.820.45
0.820.010.750.810.990.880.350.70.220.820.860.030.6-0.340.380.880.93-0.90.60.810.70.880.56-0.380.61
0.86-0.310.950.970.750.860.540.70.330.860.71-0.30.870.120.550.830.69-0.460.790.810.70.570.73-0.780.76
0.460.170.450.330.250.340.430.220.330.42-0.110.550.57-0.160.530.190.3-0.110.510.59-0.080.150.24-0.380.19
1.0-0.050.90.930.810.960.790.820.860.420.74-0.190.89-0.290.80.950.88-0.690.950.930.650.840.71-0.810.68
0.72-0.250.670.790.860.840.310.860.71-0.110.74-0.370.52-0.160.30.830.82-0.70.530.60.760.820.63-0.460.63
-0.120.62-0.16-0.260.0-0.16-0.190.03-0.30.55-0.19-0.37-0.08-0.42-0.1-0.26-0.05-0.11-0.180.13-0.38-0.13-0.150.47-0.15
0.910.040.890.850.620.840.80.60.870.570.890.52-0.08-0.140.830.780.69-0.450.930.920.420.570.77-0.850.7
-0.31-0.55-0.03-0.02-0.24-0.26-0.41-0.340.12-0.16-0.29-0.16-0.42-0.14-0.42-0.28-0.440.54-0.3-0.360.05-0.490.04-0.070.12
0.810.220.630.590.350.670.990.380.550.530.80.3-0.10.83-0.420.670.58-0.40.940.780.210.560.56-0.810.45
0.95-0.030.860.910.860.940.670.880.830.190.950.83-0.260.78-0.280.670.9-0.80.850.880.730.870.69-0.690.7
0.890.040.750.80.910.890.550.930.690.30.880.82-0.050.69-0.440.580.9-0.870.740.840.60.920.56-0.550.55
-0.7-0.31-0.59-0.61-0.81-0.71-0.38-0.9-0.46-0.11-0.69-0.7-0.11-0.450.54-0.4-0.8-0.87-0.53-0.72-0.52-0.81-0.440.2-0.47
0.950.050.840.820.590.850.930.60.790.510.950.53-0.180.93-0.30.940.850.74-0.530.90.470.690.68-0.880.61
0.960.20.880.860.80.90.730.810.810.590.930.60.130.92-0.360.780.880.84-0.720.90.50.740.71-0.670.69
0.62-0.330.650.780.720.740.250.70.7-0.080.650.76-0.380.420.050.210.730.6-0.520.470.50.660.5-0.450.58
0.830.030.60.70.860.880.560.880.570.150.840.82-0.130.57-0.490.560.870.92-0.810.690.740.660.54-0.510.55
0.710.150.680.710.570.760.570.560.730.240.710.63-0.150.770.040.560.690.56-0.440.680.710.50.54-0.650.94
-0.790.23-0.74-0.75-0.42-0.72-0.82-0.38-0.78-0.38-0.81-0.460.47-0.85-0.07-0.81-0.69-0.550.2-0.88-0.67-0.45-0.51-0.65-0.58
0.690.070.670.730.630.750.450.610.760.190.680.63-0.150.70.120.450.70.55-0.470.610.690.580.550.94-0.58
Click cells to compare fundamentals

Zebra Technologies Account Relationship Matchups

Zebra Technologies fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets4.7B5.4B6.2B7.5B7.3B7.7B
Short Long Term Debt Total1.4B1.4B1.1B2.2B2.4B2.5B
Other Current Liab417M578M651M882M469M492.5M
Total Current Liabilities1.4B1.9B1.8B2.3B1.6B1.7B
Total Stockholder Equity1.8B2.1B3.0B2.7B3.0B3.2B
Property Plant And Equipment Net366M409M403M434M478M501.9M
Net Debt1.3B1.2B780M2.1B2.3B2.4B
Retained Earnings2.2B2.7B3.6B4.0B4.3B4.5B
Cash30M168M332M105M138M71.2M
Non Current Assets Total3.5B4.1B4.5B5.6B5.6B5.9B
Non Currrent Assets Other81M87M96M116M134M140.7M
Cash And Short Term Investments30M168M332M105M138M197.4M
Net Receivables645M524M760M794M584M613.2M
Common Stock Shares Outstanding54.6M53.9M53.9M52.6M51.7M48.1M
Liabilities And Stockholders Equity4.7B5.4B6.2B7.5B7.3B7.7B
Non Current Liabilities Total1.5B1.4B1.4B2.5B2.7B2.8B
Inventory474M511M491M860M804M844.2M
Other Current Assets46M70M106M124M146M153.3M
Other Stockholder Equity(350M)(524M)(561M)(1.2B)(1.2B)(1.2B)
Total Liab3.0B2.9B3.2B4.8B4.3B4.5B
Total Current Assets1.2B1.3B1.7B1.9B1.7B1.8B
Short Term Debt197M364M69M214M215M225.8M
Property Plant And Equipment Gross366M409M403M434M900M945M
Accumulated Other Comprehensive Income(44M)(69M)(29M)(66M)(54M)(51.3M)
Other Liab280M370M387M516M593.4M623.1M
Other Assets208M303M288M523M601.5M631.5M
Long Term Debt1.1B881M922M1.8B2.0B1.1B
Good Will2.6B3.0B3.3B3.9B3.9B4.1B
Treasury Stock(613M)(689M)(919M)(1.0B)(920.7M)(874.7M)
Intangible Assets275M402M469M630M527M271.4M
Property Plant Equipment259M274M272M278M319.7M161.4M
Current Deferred Revenue238M308M380M425M458M480.9M
Net Tangible Assets(1.1B)(1.2B)(750M)(1.8B)(1.6B)(1.5B)
Retained Earnings Total Equity2.2B2.7B3.6B4.0B4.6B4.9B
Capital Surpluse339M395M462M561M645.2M677.4M
Deferred Long Term Liab21M23M28M35M40.3M38.2M

Zebra Technologies Investors Sentiment

The influence of Zebra Technologies' investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Zebra. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Zebra Technologies' public news can be used to forecast risks associated with an investment in Zebra. The trend in average sentiment can be used to explain how an investor holding Zebra can time the market purely based on public headlines and social activities around Zebra Technologies. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Zebra Technologies' market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Zebra Technologies' and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Zebra Technologies' news discussions. The higher the estimated score, the more favorable is the investor's outlook on Zebra Technologies.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Zebra Technologies in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Zebra Technologies' short interest history, or implied volatility extrapolated from Zebra Technologies options trading.

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Zebra Technologies offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Zebra Technologies' 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 Zebra Technologies Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Zebra Technologies Stock:
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Zebra Technologies. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area.
For information on how to trade Zebra Stock refer to our How to Trade Zebra Stock guide.
You can also try the Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.

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Is Zebra Technologies' 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 Zebra Technologies. If investors know Zebra 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 Zebra Technologies 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
(0.91)
Earnings Share
5.71
Revenue Per Share
89.221
Quarterly Revenue Growth
(0.33)
Return On Assets
0.0493
The market value of Zebra Technologies is measured differently than its book value, which is the value of Zebra that is recorded on the company's balance sheet. Investors also form their own opinion of Zebra Technologies' value that differs from its market value or its book value, called intrinsic value, which is Zebra Technologies' 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 Zebra Technologies' market value can be influenced by many factors that don't directly affect Zebra Technologies' 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 Zebra Technologies' value and its price as these two are different measures arrived at by different means. Investors typically determine if Zebra Technologies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Zebra Technologies' 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.