Zedge Total Assets vs Capital Stock Analysis

ZDGE Stock  USD 2.53  0.14  5.86%   
Zedge financial indicator trend analysis is more than just analyzing Zedge Inc current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Zedge Inc is a good investment. Please check the relationship between Zedge Total Assets and its Capital Stock accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Zedge 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 price.

Total Assets vs Capital Stock

Total Assets vs Capital Stock Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Zedge Inc Total Assets account and Capital Stock. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Zedge's Total Assets and Capital Stock is 0.93. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Capital Stock in the same time period over historical financial statements of Zedge Inc, assuming nothing else is changed. The correlation between historical values of Zedge's Total Assets and Capital Stock is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Assets of Zedge Inc are associated (or correlated) with its Capital Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capital Stock has no effect on the direction of Total Assets i.e., Zedge's Total Assets and Capital Stock go up and down completely randomly.

Correlation Coefficient

0.93
Relationship DirectionPositive 
Relationship StrengthVery Strong

Total Assets

Total assets refers to the total amount of Zedge assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Zedge Inc books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Capital Stock

The total amount of a company’s capital funded by shareholders through the issue and subscription of shares.
Most indicators from Zedge's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Zedge Inc 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 Zedge 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 price.
At present, Zedge's Enterprise Value Over EBITDA is projected to increase significantly based on the last few years of reporting. The current year's Enterprise Value Multiple is expected to grow to 1.29, whereas Issuance Of Capital Stock is forecasted to decline to about 10 M.
 2021 2023 2024 (projected)
Interest Expense49K44.1K41.9K
Depreciation And Amortization2.0M3.8M3.9M

Zedge fundamental ratios Correlations

0.820.881.00.630.10.97-0.870.890.950.940.960.350.160.940.830.39-0.390.910.89-0.750.770.90.980.980.95
0.820.920.820.580.340.88-0.740.790.880.730.830.210.070.730.750.5-0.040.870.71-0.40.680.870.830.790.74
0.880.920.870.570.030.91-0.790.880.930.780.890.250.090.780.80.58-0.30.930.75-0.560.590.920.910.820.78
1.00.820.870.660.110.96-0.880.890.940.950.950.380.190.950.840.37-0.390.910.88-0.750.760.90.970.980.96
0.630.580.570.660.170.62-0.910.480.60.840.410.890.80.840.620.04-0.070.740.3-0.230.190.750.490.650.82
0.10.340.030.110.170.2-0.06-0.160.150.110.07-0.02-0.060.110.13-0.30.70.160.250.160.30.170.090.230.13
0.970.880.910.960.620.2-0.840.820.970.890.940.320.120.890.760.46-0.250.930.87-0.670.720.90.970.940.89
-0.87-0.74-0.79-0.88-0.91-0.06-0.84-0.77-0.83-0.97-0.71-0.73-0.59-0.97-0.78-0.260.3-0.88-0.590.51-0.46-0.89-0.77-0.85-0.96
0.890.790.880.890.48-0.160.82-0.770.860.780.90.220.070.780.740.63-0.490.770.72-0.610.680.780.880.80.79
0.950.880.930.940.60.150.97-0.830.860.860.940.310.140.860.720.57-0.30.910.83-0.590.650.880.960.910.86
0.940.730.780.950.840.110.89-0.970.780.860.80.630.461.00.820.2-0.340.90.73-0.650.610.90.850.941.0
0.960.830.890.950.410.070.94-0.710.90.940.80.1-0.10.80.760.53-0.40.840.93-0.760.820.820.990.920.81
0.350.210.250.380.89-0.020.32-0.730.220.310.630.10.980.630.32-0.1-0.20.45-0.01-0.05-0.130.460.180.390.61
0.160.070.090.190.8-0.060.12-0.590.070.140.46-0.10.980.460.17-0.14-0.140.28-0.220.14-0.310.3-0.020.190.43
0.940.730.780.950.840.110.89-0.970.780.861.00.80.630.460.820.2-0.340.90.73-0.650.610.90.850.941.0
0.830.750.80.840.620.130.76-0.780.740.720.820.760.320.170.820.05-0.330.890.74-0.740.720.920.780.840.83
0.390.50.580.370.04-0.30.46-0.260.630.570.20.53-0.1-0.140.20.05-0.280.310.26-0.030.150.260.490.240.19
-0.39-0.04-0.3-0.39-0.070.7-0.250.3-0.49-0.3-0.34-0.4-0.2-0.14-0.34-0.33-0.28-0.28-0.310.6-0.21-0.27-0.37-0.34-0.33
0.910.870.930.910.740.160.93-0.880.770.910.90.840.450.280.90.890.31-0.280.77-0.640.610.990.880.90.9
0.890.710.750.880.30.250.87-0.590.720.830.730.93-0.01-0.220.730.740.26-0.310.77-0.820.870.760.930.910.75
-0.75-0.4-0.56-0.75-0.230.16-0.670.51-0.61-0.59-0.65-0.76-0.050.14-0.65-0.74-0.030.6-0.64-0.82-0.75-0.63-0.76-0.76-0.67
0.770.680.590.760.190.30.72-0.460.680.650.610.82-0.13-0.310.610.720.15-0.210.610.87-0.750.610.790.790.64
0.90.870.920.90.750.170.9-0.890.780.880.90.820.460.30.90.920.26-0.270.990.76-0.630.610.860.90.9
0.980.830.910.970.490.090.97-0.770.880.960.850.990.18-0.020.850.780.49-0.370.880.93-0.760.790.860.940.86
0.980.790.820.980.650.230.94-0.850.80.910.940.920.390.190.940.840.24-0.340.90.91-0.760.790.90.940.95
0.950.740.780.960.820.130.89-0.960.790.861.00.810.610.431.00.830.19-0.330.90.75-0.670.640.90.860.95
Click cells to compare fundamentals

Zedge Account Relationship Matchups

Zedge fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets12.0M37.5M54.6M46.8M53.9M56.5M
Other Current Liab978K1.7M3.9M2.6M2.9M1.5M
Total Current Liabilities2.8M4.2M8.7M5.8M6.6M3.5M
Total Stockholder Equity8.9M33.2M44.2M38.9M44.7M46.9M
Net Tangible Assets4.7M8.9M30.9M12.4M14.2M10.2M
Property Plant And Equipment Net2.6M2.0M1.7M2.2M2.5M2.5M
Current Deferred Revenue1.3M1.8M3.4M2.4M2.8M2.9M
Net Debt(4.8M)(24.7M)(16.9M)(16.1M)(14.5M)(13.8M)
Retained Earnings(15.8M)(7.6M)2.2M(3.9M)(4.5M)(4.8M)
Accounts Payable290K585K1.2M669K769.4K807.8K
Cash5.1M24.9M17.1M18.1M20.8M21.9M
Non Current Assets Total5.3M9.9M34.7M25.3M29.0M30.5M
Non Currrent Assets Other471K5.1M400K556K639.4K836.7K
Other Assets120K154K5.6M1K1.2K1.1K
Cash And Short Term Investments5.1M24.9M17.1M18.1M20.8M21.9M
Net Receivables1.4M2.5M2.4M3.5M4.0M2.1M
Good Will2.2M2.3M10.8M2.0M2.3M3.6M
Common Stock Total Equity103K104K123K5K5.8K5.5K
Common Stock Shares Outstanding11.1M14.0M14.9M14.1M16.2M12.2M
Liabilities And Stockholders Equity12.0M37.5M54.6M46.8M53.9M56.5M
Non Current Liabilities Total282K145K1.8M2.2M2.5M2.7M
Inventory123K111K1.0(569K)(512.1K)(486.5K)
Other Current Assets113K49K396K569K654.4K687.1K
Other Stockholder Equity25.6M41.6M43.3M44.2M50.8M30.6M
Total Liab3.1M4.3M10.4M8.0M9.2M9.6M
Property Plant And Equipment Gross2.6M8.2M8.9M10.0M11.5M12.0M
Total Current Assets6.8M27.6M19.9M21.6M24.8M26.1M
Accumulated Other Comprehensive Income(1.1M)(997K)(1.4M)(1.5M)(1.4M)(1.5M)
Short Term Debt232K86K142K124K111.6K106.0K
Common Stock104K123K144K151K173.7K106.0K
Property Plant Equipment3.4M2.6M2.0M1.7M1.9M2.5M
Retained Earnings Total Equity(11.9M)(15.2M)(15.8M)(7.6M)(6.8M)(7.1M)
Capital Surpluse22.5M23.1M25.7M41.7M47.9M27.2M
Net Invested Capital9.1M33.2M44.2M40.8M47.0M24.4M

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When determining whether Zedge Inc is a strong investment it is important to analyze Zedge's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Zedge's future performance. For an informed investment choice regarding Zedge Stock, refer to the following important reports:
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Zedge 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 price.
Note that the Zedge Inc information on this page should be used as a complementary analysis to other Zedge'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 USA ETFs module to find actively traded Exchange Traded Funds (ETF) in USA.

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When running Zedge's price analysis, check to measure Zedge's 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 Zedge is operating at the current time. Most of Zedge's value examination focuses on studying past and present price action to predict the probability of Zedge's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Zedge's price. Additionally, you may evaluate how the addition of Zedge to your portfolios can decrease your overall portfolio volatility.
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Is Zedge'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 Zedge. If investors know Zedge 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 Zedge 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
(0.96)
Earnings Share
(1.19)
Revenue Per Share
2.015
Quarterly Revenue Growth
0.113
Return On Assets
0.0123
The market value of Zedge Inc is measured differently than its book value, which is the value of Zedge that is recorded on the company's balance sheet. Investors also form their own opinion of Zedge's value that differs from its market value or its book value, called intrinsic value, which is Zedge'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 Zedge's market value can be influenced by many factors that don't directly affect Zedge'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 Zedge's value and its price as these two are different measures arrived at by different means. Investors typically determine if Zedge is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Zedge'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.