Zepp Total Assets vs Property Plant And Equipment Gross 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 Total Assets and its Property Plant And Equipment Gross 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.

Total Assets vs Property Plant And Equipment Gross

Total Assets vs Property Plant And Equipment Gross Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Zepp Health Corp Total Assets account and Property Plant And Equipment Gross. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Zepp Health's Total Assets and Property Plant And Equipment Gross is 0.94. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Property Plant And Equipment Gross 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 Total Assets and Property Plant And Equipment Gross 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 Zepp Health Corp are associated (or correlated) with its Property Plant And Equipment Gross. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant And Equipment Gross has no effect on the direction of Total Assets i.e., Zepp Health's Total Assets and Property Plant And Equipment Gross go up and down completely randomly.

Correlation Coefficient

0.94
Relationship DirectionPositive 
Relationship StrengthVery Strong

Total Assets

Total assets refers to the total amount of Zepp Health 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 Zepp Health Corp 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.

Property Plant And Equipment Gross

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

0.950.940.990.940.950.55-0.171.00.690.90.860.60.90.850.940.710.610.940.980.850.960.990.760.940.96
0.950.930.940.90.850.58-0.320.940.750.90.740.660.90.910.920.620.450.920.90.780.910.930.660.840.95
0.940.930.910.830.940.56-0.420.940.850.960.650.790.950.940.840.720.360.850.950.730.850.960.540.850.99
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
1.00.940.940.980.920.970.5-0.180.70.90.850.590.890.830.930.720.620.920.990.880.950.990.750.940.96
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
0.90.90.960.890.810.890.58-0.550.90.850.570.841.00.880.860.620.230.850.890.680.860.890.460.820.98
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 Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.

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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.