Zions Property Plant And Equipment Gross vs Total Current Assets Analysis
ZION Stock | USD 43.62 0.90 2.11% |
Zions Bancorporation financial indicator trend analysis is more than just analyzing Zions Bancorporation current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Zions Bancorporation is a good investment. Please check the relationship between Zions Bancorporation Property Plant And Equipment Gross and its Total Current Assets accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Zions Bancorporation. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in persons. To learn how to invest in Zions Stock, please use our How to Invest in Zions Bancorporation guide.
Property Plant And Equipment Gross vs Total Current Assets
Property Plant And Equipment Gross vs Total Current Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Zions Bancorporation Property Plant And Equipment Gross account and Total Current Assets. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Zions Bancorporation's Property Plant And Equipment Gross and Total Current Assets is -0.47. Overlapping area represents the amount of variation of Property Plant And Equipment Gross that can explain the historical movement of Total Current Assets in the same time period over historical financial statements of Zions Bancorporation, assuming nothing else is changed. The correlation between historical values of Zions Bancorporation's Property Plant And Equipment Gross and Total Current Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant And Equipment Gross of Zions Bancorporation are associated (or correlated) with its Total Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Assets has no effect on the direction of Property Plant And Equipment Gross i.e., Zions Bancorporation's Property Plant And Equipment Gross and Total Current Assets go up and down completely randomly.
Correlation Coefficient | -0.47 |
Relationship Direction | Negative |
Relationship Strength | Very Weak |
Property Plant And Equipment Gross
Total Current Assets
The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.Most indicators from Zions Bancorporation's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Zions Bancorporation 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 Zions Bancorporation. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in persons. To learn how to invest in Zions Stock, please use our How to Invest in Zions Bancorporation guide.At this time, Zions Bancorporation's Tax Provision is very stable compared to the past year. As of the 5th of May 2024, Sales General And Administrative To Revenue is likely to grow to 0.42, while Selling General Administrative is likely to drop about 677.4 M.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 2.9B | 3.3B | 2.7B | 1.7B | Total Revenue | 2.9B | 3.3B | 4.6B | 4.9B |
Zions Bancorporation fundamental ratios Correlations
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Zions Bancorporation Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Zions Bancorporation fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 69.2B | 81.5B | 93.2B | 89.5B | 87.2B | 91.6B | |
Short Long Term Debt Total | 1.7B | 1.3B | 1.0B | 7.8B | 4.7B | 5.0B | |
Other Current Liab | (1B) | 69.7B | 82.8B | (5.8B) | 9.8B | 9.3B | |
Total Current Liabilities | 1B | 1.9B | 802M | 1.3B | 13.8B | 14.5B | |
Total Stockholder Equity | 7.4B | 7.9B | 7.5B | 4.9B | 5.5B | 3.8B | |
Property Plant And Equipment Net | 1.1B | 1.2B | 1.3B | 1.4B | 1.6B | 1.7B | |
Net Debt | 275M | (281M) | (9.9B) | 5.8B | 2.5B | 2.7B | |
Retained Earnings | 4.0B | 4.3B | 5.2B | 5.8B | 6.2B | 6.5B | |
Non Currrent Assets Other | (310M) | (360M) | (28.0B) | (24.7B) | 2.8B | 3.3B | |
Other Assets | 36.1B | 44.1B | 29.9B | 80.9B | 80.3B | 84.3B | |
Common Stock Shares Outstanding | 186.5M | 165.6M | 160.2M | 150.3M | 147.8M | 120.4M | |
Liabilities And Stockholders Equity | 69.2B | 81.5B | 93.2B | 89.5B | 86.8B | 91.2B | |
Non Current Liabilities Total | 1.7B | 1.3B | 1.0B | 82.5B | 67.3B | 70.7B | |
Total Liab | 61.8B | 1.3B | 1.0B | 84.7B | 81.1B | 85.2B | |
Property Plant And Equipment Gross | 1.1B | 1.2B | 2.3B | 2.4B | 2.5B | 2.6B | |
Common Stock | 2.7B | 2.7B | 1.9B | 1.8B | 1.7B | 2.4B | |
Non Current Assets Total | 17.6B | 19.7B | 28.0B | 2.4B | 83.6B | 87.8B | |
Cash | 1.4B | 1.6B | 10.9B | 2.0B | 2.2B | 2.9B | |
Cash And Short Term Investments | 15.2B | 17.3B | 34.9B | 13.9B | 662M | 628.9M | |
Total Current Assets | 15.5B | 17.7B | 35.3B | 6.2B | 3.6B | 3.4B | |
Short Term Debt | 1B | 1.9B | 802M | 7.1B | 4.0B | 4.2B | |
Accumulated Other Comprehensive Income | 43M | 325M | (80M) | (3.1B) | (2.8B) | (2.7B) | |
Other Current Assets | 2.1B | 7.9B | 13.6B | (8.1B) | 3.6B | 3.4B | |
Other Liab | 693M | 1.0B | 1.0B | 1.3B | 1.5B | 1.5B | |
Accounts Payable | 57.1B | 69.7B | 82.8B | 71.7B | 82.4B | 47.9B | |
Long Term Debt | 1.7B | 1.3B | 1.0B | 651M | 538M | 511.1M | |
Short Term Investments | 13.7B | 15.7B | 24.0B | 11.9B | 10.3B | 7.5B | |
Inventory | (2.1B) | (7.9B) | (13.6B) | 3M | (1.0B) | (1.1B) | |
Property Plant Equipment | 1.1B | 1.2B | 1.3B | 1.6B | 1.8B | 1.9B | |
Net Receivables | 327M | 334M | 320M | 386M | 383M | 316.4M | |
Net Tangible Assets | 5.8B | 6.3B | 6.0B | 3.4B | 3.9B | 5.7B | |
Retained Earnings Total Equity | 4.0B | 4.3B | 5.2B | 5.8B | 6.7B | 7.0B | |
Long Term Debt Total | 1.7B | 1.3B | 1.0B | 651M | 585.9M | 988.5M | |
Long Term Investments | 50.0B | 17.5B | 25.7B | 24.6B | 21.0B | 29.0B |
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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 Zions Bancorporation offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Zions Bancorporation's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Zions Bancorporation Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Zions Bancorporation Stock:Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Zions Bancorporation. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in persons. To learn how to invest in Zions Stock, please use our How to Invest in Zions Bancorporation guide.You can also try the Portfolio Anywhere module to track or share privately all of your investments from the convenience of any device.
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Is Zions Bancorporation'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 Zions Bancorporation. If investors know Zions 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 Zions Bancorporation 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 (0.27) | Dividend Share 1.64 | Earnings Share 3.98 | Revenue Per Share 19.772 | Quarterly Revenue Growth (0.08) |
The market value of Zions Bancorporation is measured differently than its book value, which is the value of Zions that is recorded on the company's balance sheet. Investors also form their own opinion of Zions Bancorporation's value that differs from its market value or its book value, called intrinsic value, which is Zions Bancorporation'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 Zions Bancorporation's market value can be influenced by many factors that don't directly affect Zions Bancorporation'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 Zions Bancorporation's value and its price as these two are different measures arrived at by different means. Investors typically determine if Zions Bancorporation is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Zions Bancorporation'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.