Zepp Non Current Assets Total vs Inventory Analysis
ZEPP Stock | USD 0.86 0.02 2.87% |
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 Non Current Assets Total and its Inventory 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.
Non Current Assets Total vs Inventory
Non Current Assets Total vs Inventory Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Zepp Health Corp Non Current Assets Total account and Inventory. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Zepp Health's Non Current Assets Total and Inventory is 0.82. Overlapping area represents the amount of variation of Non Current Assets Total that can explain the historical movement of Inventory 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 Non Current Assets Total and Inventory is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Current Assets Total of Zepp Health Corp are associated (or correlated) with its Inventory. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Inventory has no effect on the direction of Non Current Assets Total i.e., Zepp Health's Non Current Assets Total and Inventory go up and down completely randomly.
Correlation Coefficient | 0.82 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Non Current Assets Total
The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.Inventory
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 05/09/2024, 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 Profit | 1.3B | 803.1M | 657.8M | 903.0M | Total Revenue | 6.3B | 4.1B | 2.5B | 4.1B |
Zepp Health fundamental ratios Correlations
Click cells to compare fundamentals
Zepp Health Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Zepp Health fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 5.2B | 5.9B | 6.1B | 5.3B | 4.5B | 4.1B | |
Short Long Term Debt Total | 111.3M | 680.9M | 1.3B | 1.7B | 1.4B | 1.5B | |
Other Current Liab | 402.1M | 291.2M | 368.8M | 233.8M | 265.8M | 250.2M | |
Total Current Liabilities | 2.5B | 2.8B | 2.2B | 1.7B | 1.1B | 1.6B | |
Total Stockholder Equity | 2.5B | 2.7B | 2.9B | 2.7B | 2.5B | 1.9B | |
Other Liab | 61.2M | 119.0M | 207.5M | 202.0M | 232.3M | 243.9M | |
Net Tangible Assets | 1.7B | 2.4B | 2.5B | 2.7B | 3.1B | 3.3B | |
Property Plant And Equipment Net | 173.0M | 275.8M | 242.3M | 166.2M | 111.8M | 128.5M | |
Current Deferred Revenue | 44.8M | 42.5M | 4.2M | 2.1M | 55.6M | 58.4M | |
Net Debt | (1.7B) | (1.6B) | (208.7M) | 797.7M | 440.9M | 463.0M | |
Retained Earnings | 910.6M | 1.1B | 1.3B | 942.8M | 730.7M | 675.6M | |
Accounts Payable | 2.0B | 2.0B | 1.3B | 464.3M | 264.7M | 251.5M | |
Cash | 1.8B | 2.3B | 1.5B | 886.6M | 949.0M | 1.2B | |
Non Current Assets Total | 782.3M | 1.1B | 2.2B | 2.3B | 2.3B | 1.1B | |
Non Currrent Assets Other | 8.8M | 28.2M | 19.6M | 56.7M | 89.8M | 94.3M | |
Other Assets | 82.4M | 111.5M | 148.4M | 19.6M | 22.5M | 21.4M | |
Cash And Short Term Investments | 1.8B | 2.3B | 1.5B | 920.9M | 985.6M | 1.2B | |
Net Receivables | 1.6B | 1.2B | 832.7M | 820.7M | 581.9M | 859.8M | |
Common Stock Shares Outstanding | 64.0M | 65.1M | 66.1M | 61.6M | 60.8M | 67.5M | |
Short Term Investments | 17.2M | 23.4M | 24.4M | 34.3M | 36.6M | 37.4M | |
Liabilities And Stockholders Equity | 5.2B | 5.9B | 6.1B | 5.3B | 4.5B | 4.1B | |
Non Current Liabilities Total | 195.4M | 383.8M | 999.9M | 914.1M | 906.3M | 537.8M | |
Capital Lease Obligations | 109.2M | 116.2M | 71.1M | 31.7M | 50.2M | 46.2M | |
Inventory | 893.8M | 1.2B | 1.2B | 1.0B | 602.7M | 733.6M | |
Other Current Assets | 67.4M | 152.9M | 315.0M | 108.3M | 168.2M | 113.8M | |
Other Stockholder Equity | 1.5B | 1.6B | 1.6B | 1.6B | 1.7B | 1.1B | |
Total Liab | 2.7B | 3.2B | 3.2B | 2.6B | 2.0B | 2.2B | |
Long Term Investments | 406.1M | 444.0M | 1.6B | 1.7B | 1.7B | 1.8B | |
Property Plant And Equipment Gross | 173.0M | 275.8M | 242.3M | 166.2M | 260.8M | 146.7M | |
Short Long Term Debt | 2.2M | 504.7M | 461.8M | 968.4M | 487.6M | 307.0M | |
Total Current Assets | 4.4B | 4.8B | 3.9B | 3.0B | 2.2B | 2.9B | |
Accumulated Other Comprehensive Income | 111.1M | 44.6M | 29.3M | 105.8M | 96.3M | 64.0M | |
Non Current Liabilities Other | 113.6M | 185.2M | 175.1M | 162.6M | 1.9M | 1.8M | |
Short Term Debt | 35.0M | 504.7M | 461.8M | 968.4M | 515.1M | 316.9M | |
Intangible Assets | 85.8M | 145.2M | 135.6M | 123.3M | 70.1M | 77.0M | |
Common Stock | 155K | 157K | 159K | 162K | 164K | 136.4K |
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.
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.CRM | Salesforce | |
MSFT | Microsoft | |
S | SentinelOne |
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 Headlines Timeline module to stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity.
Complementary Tools for Zepp Stock analysis
When running Zepp Health's price analysis, check to measure Zepp Health'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 Zepp Health is operating at the current time. Most of Zepp Health's value examination focuses on studying past and present price action to predict the probability of Zepp Health's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Zepp Health's price. Additionally, you may evaluate how the addition of Zepp Health to your portfolios can decrease your overall portfolio volatility.
Portfolio Backtesting Avoid under-diversification and over-optimization by backtesting your portfolios | |
Portfolio Dashboard Portfolio dashboard that provides centralized access to all your investments | |
Theme Ratings Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
Competition Analyzer Analyze and compare many basic indicators for a group of related or unrelated entities | |
Cryptocurrency Center Build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency | |
Portfolio Holdings Check your current holdings and cash postion to detemine if your portfolio needs rebalancing | |
Bollinger Bands Use Bollinger Bands indicator to analyze target price for a given investing horizon | |
Positions Ratings Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
Fundamental Analysis View fundamental data based on most recent published financial statements | |
Idea Breakdown Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes | |
Premium Stories Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope | |
Content Syndication Quickly integrate customizable finance content to your own investment portal | |
Stocks Directory Find actively traded stocks across global markets |
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.