Zepp Accounts Payable vs Cash Analysis

ZEPP Stock  USD 0.88  0  0.23%   
Zepp Health financial indicator trend analysis is more than just analyzing Zepp Health Corp current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Zepp Health Corp is a good investment. Please check the relationship between Zepp Health Accounts Payable and its Cash accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Zepp Health Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in american community survey.

Accounts Payable vs Cash

Accounts Payable vs Cash Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Zepp Health Corp Accounts Payable account and Cash. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Zepp Health's Accounts Payable and Cash is 0.85. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Cash in the same time period over historical financial statements of Zepp Health Corp, assuming nothing else is changed. The correlation between historical values of Zepp Health's Accounts Payable and Cash is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Accounts Payable of Zepp Health Corp are associated (or correlated) with its Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash has no effect on the direction of Accounts Payable i.e., Zepp Health's Accounts Payable and Cash go up and down completely randomly.

Correlation Coefficient

0.85
Relationship DirectionPositive 
Relationship StrengthStrong

Accounts Payable

An accounting item on the balance sheet that represents Zepp Health obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Zepp Health Corp are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.

Cash

Cash refers to the most liquid asset of Zepp Health Corp, which is listed under current asset account on Zepp Health Corp balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Zepp Health customers. The amounts must be unrestricted with restricted cash listed in a different Zepp Health account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.
Most indicators from Zepp Health's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Zepp Health Corp 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 Zepp Health Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in american community survey.
As of 05/10/2024, Selling General Administrative is likely to grow to about 207.1 M, though Tax Provision is likely to grow to (15 M).
 2021 2022 2023 2024 (projected)
Gross Profit1.3B803.1M657.8M903.0M
Total Revenue6.3B4.1B2.5B4.1B

Zepp Health fundamental ratios Correlations

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0.990.940.910.960.920.55-0.150.980.640.890.880.570.890.810.980.640.610.960.950.830.990.960.780.930.94
0.940.90.830.960.840.690.010.920.470.810.880.450.820.750.930.70.630.990.880.80.950.90.880.910.86
0.950.850.940.920.840.51-0.220.970.730.890.780.620.870.810.820.80.580.820.980.840.870.980.660.930.94
0.550.580.560.550.690.51-0.110.50.330.580.420.480.570.610.550.610.210.670.460.360.550.540.510.660.56
-0.17-0.32-0.42-0.150.01-0.22-0.11-0.18-0.79-0.550.3-0.81-0.55-0.48-0.180.020.59-0.09-0.180.04-0.13-0.20.48-0.08-0.42
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0.690.750.850.640.470.730.33-0.790.70.850.270.90.850.850.590.44-0.030.520.710.470.580.730.060.580.84
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0.860.740.650.880.880.780.420.30.850.270.570.160.570.520.850.570.90.830.820.850.870.820.930.880.68
0.60.660.790.570.450.620.48-0.810.590.90.840.160.840.80.570.3-0.190.520.590.270.530.630.00.520.78
0.90.90.950.890.820.870.57-0.550.890.851.00.570.840.870.860.60.220.860.880.670.860.890.460.810.97
0.850.910.940.810.750.810.61-0.480.830.850.880.520.80.870.760.640.20.780.830.540.760.870.440.730.93
0.940.920.840.980.930.820.55-0.180.930.590.860.850.570.860.760.490.560.950.870.770.990.880.730.890.88
0.710.620.720.640.70.80.610.020.720.440.620.570.30.60.640.490.510.640.760.690.590.770.650.730.69
0.610.450.360.610.630.580.210.590.62-0.030.230.9-0.190.220.20.560.510.540.60.790.590.590.870.690.37
0.940.920.850.960.990.820.67-0.090.920.520.850.830.520.860.780.950.640.540.870.760.960.890.820.870.89
0.980.90.950.950.880.980.46-0.180.990.710.890.820.590.880.830.870.760.60.870.850.910.990.710.910.95
0.850.780.730.830.80.840.360.040.880.470.680.850.270.670.540.770.690.790.760.850.790.850.780.870.75
0.960.910.850.990.950.870.55-0.130.950.580.860.870.530.860.760.990.590.590.960.910.790.90.770.910.89
0.990.930.960.960.90.980.54-0.20.990.730.890.820.630.890.870.880.770.590.890.990.850.90.720.930.96
0.760.660.540.780.880.660.510.480.750.060.460.930.00.460.440.730.650.870.820.710.780.770.720.770.57
0.940.840.850.930.910.930.66-0.080.940.580.820.880.520.810.730.890.730.690.870.910.870.910.930.770.87
0.960.950.990.940.860.940.56-0.420.960.840.980.680.780.970.930.880.690.370.890.950.750.890.960.570.87
Click cells to compare fundamentals

Zepp Health Account Relationship Matchups

Zepp Health fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets5.2B5.9B6.1B5.3B4.5B4.1B
Short Long Term Debt Total111.3M680.9M1.3B1.7B1.4B1.5B
Other Current Liab402.1M291.2M368.8M233.8M265.8M250.2M
Total Current Liabilities2.5B2.8B2.2B1.7B1.1B1.6B
Total Stockholder Equity2.5B2.7B2.9B2.7B2.5B1.9B
Other Liab61.2M119.0M207.5M202.0M232.3M243.9M
Net Tangible Assets1.7B2.4B2.5B2.7B3.1B3.3B
Property Plant And Equipment Net173.0M275.8M242.3M166.2M111.8M128.5M
Current Deferred Revenue44.8M42.5M4.2M2.1M55.6M58.4M
Net Debt(1.7B)(1.6B)(208.7M)797.7M440.9M463.0M
Retained Earnings910.6M1.1B1.3B942.8M730.7M675.6M
Accounts Payable2.0B2.0B1.3B464.3M264.7M251.5M
Cash1.8B2.3B1.5B886.6M949.0M1.2B
Non Current Assets Total782.3M1.1B2.2B2.3B2.3B1.1B
Non Currrent Assets Other8.8M28.2M19.6M56.7M89.8M94.3M
Other Assets82.4M111.5M148.4M19.6M22.5M21.4M
Cash And Short Term Investments1.8B2.3B1.5B920.9M985.6M1.2B
Net Receivables1.6B1.2B832.7M820.7M581.9M859.8M
Common Stock Shares Outstanding64.0M65.1M66.1M61.6M60.8M67.5M
Short Term Investments17.2M23.4M24.4M34.3M36.6M37.4M
Liabilities And Stockholders Equity5.2B5.9B6.1B5.3B4.5B4.1B
Non Current Liabilities Total195.4M383.8M999.9M914.1M906.3M537.8M
Capital Lease Obligations109.2M116.2M71.1M31.7M50.2M46.2M
Inventory893.8M1.2B1.2B1.0B602.7M733.6M
Other Current Assets67.4M152.9M315.0M108.3M168.2M113.8M
Other Stockholder Equity1.5B1.6B1.6B1.6B1.7B1.1B
Total Liab2.7B3.2B3.2B2.6B2.0B2.2B
Long Term Investments406.1M444.0M1.6B1.7B1.7B1.8B
Property Plant And Equipment Gross173.0M275.8M242.3M166.2M260.8M146.7M
Short Long Term Debt2.2M504.7M461.8M968.4M487.6M307.0M
Total Current Assets4.4B4.8B3.9B3.0B2.2B2.9B
Accumulated Other Comprehensive Income111.1M44.6M29.3M105.8M96.3M64.0M
Non Current Liabilities Other113.6M185.2M175.1M162.6M1.9M1.8M
Short Term Debt35.0M504.7M461.8M968.4M515.1M316.9M
Intangible Assets85.8M145.2M135.6M123.3M70.1M77.0M
Common Stock155K157K159K162K164K136.4K
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 Zepp Health 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, Zepp Health's short interest history, or implied volatility extrapolated from Zepp Health options trading.

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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 Zepp Health Corp is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Zepp Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Zepp Health Corp Stock. Highlighted below are key reports to facilitate an investment decision about Zepp Health Corp Stock:
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Zepp Health Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in american community survey.
You can also try the ETFs module to find actively traded Exchange Traded Funds (ETF) from around the world.

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Is Zepp Health'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 Zepp Health. If investors know Zepp 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 Zepp Health 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
(0.68)
Earnings Share
(0.49)
Revenue Per Share
41.052
Quarterly Revenue Growth
(0.44)
Return On Assets
(0.03)
The market value of Zepp Health Corp is measured differently than its book value, which is the value of Zepp that is recorded on the company's balance sheet. Investors also form their own opinion of Zepp Health's value that differs from its market value or its book value, called intrinsic value, which is Zepp Health'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 Zepp Health's market value can be influenced by many factors that don't directly affect Zepp Health'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 Zepp Health's value and its price as these two are different measures arrived at by different means. Investors typically determine if Zepp Health is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Zepp Health'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.