ZIM Other Current Liab vs Accounts Payable Analysis

ZIM Stock  USD 19.04  0.17  0.90%   
ZIM Integrated financial indicator trend analysis is more than just analyzing ZIM Integrated Shipping current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether ZIM Integrated Shipping is a good investment. Please check the relationship between ZIM Integrated Other Current Liab and its Accounts Payable accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in ZIM Integrated Shipping. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product.

Other Current Liab vs Accounts Payable

Other Current Liab vs Accounts Payable Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of ZIM Integrated Shipping Other Current Liab account and Accounts Payable. At this time, the significance of the direction appears to have no relationship.
The correlation between ZIM Integrated's Other Current Liab and Accounts Payable is 0.0. Overlapping area represents the amount of variation of Other Current Liab that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of ZIM Integrated Shipping, assuming nothing else is changed. The correlation between historical values of ZIM Integrated's Other Current Liab and Accounts Payable is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Current Liab of ZIM Integrated Shipping are associated (or correlated) with its Accounts Payable. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accounts Payable has no effect on the direction of Other Current Liab i.e., ZIM Integrated's Other Current Liab and Accounts Payable go up and down completely randomly.

Correlation Coefficient

0.0
Relationship DirectionFlat 
Relationship StrengthInsignificant

Other Current Liab

Accounts Payable

An accounting item on the balance sheet that represents ZIM Integrated 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 ZIM Integrated Shipping 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.
Most indicators from ZIM Integrated's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into ZIM Integrated Shipping 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 ZIM Integrated Shipping. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product.
At this time, ZIM Integrated's Enterprise Value Over EBITDA is very stable compared to the past year. As of the 15th of May 2024, Enterprise Value Multiple is likely to grow to 6.55, while Selling General Administrative is likely to drop about 213.9 M.
 2021 2022 2023 2024 (projected)
Depreciation And Amortization798.0M1.5B1.5B1.5B
Interest Income150.1M96.5M119.5M125.5M

ZIM Integrated fundamental ratios Correlations

0.340.40.660.070.0-0.460.070.47-0.26-0.26-0.380.130.560.690.470.310.550.190.38-0.020.640.230.40.38-0.58
0.340.950.890.810.880.060.910.930.010.0-0.750.960.930.870.810.970.940.940.970.710.830.950.950.96-0.93
0.40.950.880.820.750.070.780.95-0.15-0.15-0.560.880.910.860.660.940.970.890.960.580.910.870.950.97-0.91
0.660.890.880.760.7-0.110.730.89-0.12-0.13-0.620.810.991.00.790.910.940.850.930.550.890.840.920.92-0.99
0.070.810.820.760.850.260.780.78-0.21-0.21-0.320.90.820.730.480.920.760.950.890.640.650.820.880.9-0.81
0.00.880.750.70.850.350.970.72-0.01-0.02-0.630.970.80.660.680.890.690.930.840.860.50.930.80.84-0.78
-0.460.060.07-0.110.260.350.36-0.2-0.22-0.220.310.280.03-0.17-0.260.08-0.140.13-0.020.65-0.330.29-0.080.130.03
0.070.910.780.730.780.970.360.720.110.1-0.690.970.820.690.740.880.730.890.840.910.530.970.790.85-0.8
0.470.930.950.890.780.72-0.20.72-0.13-0.13-0.690.830.90.890.720.930.970.890.960.430.940.790.970.94-0.91
-0.260.01-0.15-0.12-0.21-0.01-0.220.11-0.131.0-0.27-0.03-0.16-0.110.31-0.08-0.06-0.08-0.070.05-0.120.08-0.09-0.190.12
-0.260.0-0.15-0.13-0.21-0.02-0.220.1-0.131.0-0.27-0.03-0.16-0.110.31-0.08-0.06-0.09-0.080.05-0.120.08-0.09-0.190.12
-0.38-0.75-0.56-0.62-0.32-0.630.31-0.69-0.69-0.27-0.27-0.63-0.63-0.63-0.88-0.63-0.64-0.59-0.64-0.46-0.56-0.65-0.62-0.570.65
0.130.960.880.810.90.970.280.970.83-0.03-0.03-0.630.890.770.710.960.830.970.930.830.670.970.90.94-0.87
0.560.930.910.990.820.80.030.820.9-0.16-0.16-0.630.890.970.780.950.940.910.950.660.850.90.940.96-1.0
0.690.870.861.00.730.66-0.170.690.89-0.11-0.11-0.630.770.970.80.890.940.830.910.510.90.810.910.89-0.98
0.470.810.660.790.480.68-0.260.740.720.310.31-0.880.710.780.80.750.770.710.770.540.680.770.750.68-0.8
0.310.970.940.910.920.890.080.880.93-0.08-0.08-0.630.960.950.890.750.930.990.990.680.830.930.980.98-0.95
0.550.940.970.940.760.69-0.140.730.97-0.06-0.06-0.640.830.940.940.770.930.870.960.490.970.840.970.95-0.95
0.190.940.890.850.950.930.130.890.89-0.08-0.09-0.590.970.910.830.710.990.870.970.70.750.920.960.95-0.9
0.380.970.960.930.890.84-0.020.840.96-0.07-0.08-0.640.930.950.910.770.990.960.970.610.890.911.00.98-0.96
-0.020.710.580.550.640.860.650.910.430.050.05-0.460.830.660.510.540.680.490.70.610.250.880.540.67-0.63
0.640.830.910.890.650.5-0.330.530.94-0.12-0.12-0.560.670.850.90.680.830.970.750.890.250.670.910.86-0.87
0.230.950.870.840.820.930.290.970.790.080.08-0.650.970.90.810.770.930.840.920.910.880.670.870.92-0.89
0.40.950.950.920.880.8-0.080.790.97-0.09-0.09-0.620.90.940.910.750.980.970.961.00.540.910.870.97-0.95
0.380.960.970.920.90.840.130.850.94-0.19-0.19-0.570.940.960.890.680.980.950.950.980.670.860.920.97-0.95
-0.58-0.93-0.91-0.99-0.81-0.780.03-0.8-0.910.120.120.65-0.87-1.0-0.98-0.8-0.95-0.95-0.9-0.96-0.63-0.87-0.89-0.95-0.95
Click cells to compare fundamentals

ZIM Integrated Account Relationship Matchups

ZIM Integrated fundamental ratios Accounts

201920202021202220232024 (projected)
Other Current Liab78.5M21.4M28.3M50.2M203M213.2M
Total Current Liabilities926.3M1.2B2.8B2.7B2.5B1.7B
Other Liab68.3M67.0M186.2M196.6M226.1M113.2M
Net Tangible Assets(322.6M)200.8M4.5B5.8B6.7B7.0B
Retained Earnings(2.0B)(1.5B)2.6B3.9B437.2M459.1M
Accounts Payable350.8M398.9M1.1B896.2M414.6M558.5M
Other Assets6.4M6.8M134.1M2.3M2.6M2.5M
Net Receivables291.5M520.0M1.3B825.7M562.5M585.8M
Inventory60.3M52.2M119.0M190.7M179.3M106.9M
Other Current Assets37.1M579.0B3.4B24.9M34M32.3M
Other Stockholder Equity(1.1B)1.8T(923.2M)(925.9M)(1.1B)(1.0B)
Total Current Assets630.8M1.2B5.1B4.3B2.6B2.1B
Property Plant Equipment1.2B1.5B4.4B5.8B6.6B6.9B
Common Stock Shares Outstanding117.5M120.1M118.9M120.4M120.2M126.0M
Total Assets1.9B2.8B9.8B11.6B8.3B6.7B
Short Long Term Debt Total1.5B1.8B3.3B4.3B5.0B3.2B
Total Stockholder Equity(257.7M)267.3M4.6B5.9B2.5B2.3B
Property Plant And Equipment Net1.2B1.5B4.4B5.8B4.6B3.4B
Current Deferred Revenue141.5M230.5M618.3M238.9M207.6M292.4M
Net Debt1.4B1.3B1.8B3.3B4.1B2.4B
Cash182.8M570.4M1.5B1.0B921.5M811.5M
Non Current Assets Total1.3B1.6B4.8B7.4B5.8B4.0B
Non Currrent Assets Other5.3M5.3M107.0M112.1M102M63.0M
Long Term Debt541.9M519.5M120.8M78.2M62.1M59.0M
Cash And Short Term Investments241.8M629.4M3.7B3.3B1.8B1.8B
Short Term Investments59.0M59.0M2.1B2.2B874.1M997.0M
Long Term Debt Total1.2B1.3B2.3B2.9B3.3B1.9B
Liabilities And Stockholders Equity1.9B2.8B9.8B11.6B8.3B6.7B
Non Current Liabilities Total1.3B1.4B2.5B3.1B3.4B2.3B
Capital Lease Obligations857.3M1.2B3.1B4.2B4.9B2.7B
Total Liab2.2B2.5B5.2B5.7B5.9B4.3B
Net Invested Capital424.3M925.3M4.8B6.1B2.6B2.8B
Long Term Investments11.2M13.3M181.4M1.4B935.1M981.9M
Property Plant And Equipment Gross1.2B1.5B4.4B5.8B10.9B11.5B
Short Long Term Debt140.1M138.6M130.7M96.1M48.2M45.8M
Accumulated Other Comprehensive Income1.8B1.8B2.0B2.0B1.1B1.4B
Net Working Capital(295.5M)50.1M2.3B1.6B53.3M50.6M

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When determining whether ZIM Integrated Shipping is a strong investment it is important to analyze ZIM Integrated'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 ZIM Integrated's future performance. For an informed investment choice regarding ZIM 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 ZIM Integrated Shipping. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product.
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Is ZIM Integrated'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 ZIM Integrated. If investors know ZIM 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 ZIM Integrated 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
(0.76)
Earnings Share
(22.42)
Revenue Per Share
42.942
Quarterly Revenue Growth
(0.45)
Return On Assets
(0.03)
The market value of ZIM Integrated Shipping is measured differently than its book value, which is the value of ZIM that is recorded on the company's balance sheet. Investors also form their own opinion of ZIM Integrated's value that differs from its market value or its book value, called intrinsic value, which is ZIM Integrated'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 ZIM Integrated's market value can be influenced by many factors that don't directly affect ZIM Integrated'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 ZIM Integrated's value and its price as these two are different measures arrived at by different means. Investors typically determine if ZIM Integrated is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ZIM Integrated'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.