Zentalis Income Tax Expense vs Net Income Analysis

ZNTL Stock  USD 11.06  0.07  0.64%   
Zentalis PharmaceuticalsL financial indicator trend analysis is more than just analyzing Zentalis PharmaceuticalsL current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Zentalis PharmaceuticalsL is a good investment. Please check the relationship between Zentalis PharmaceuticalsL Income Tax Expense and its Net Income accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Zentalis PharmaceuticalsLlc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate.

Income Tax Expense vs Net Income

Income Tax Expense vs Net Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Zentalis PharmaceuticalsL Income Tax Expense account and Net Income. At this time, the significance of the direction appears to have strong relationship.
The correlation between Zentalis PharmaceuticalsL's Income Tax Expense and Net Income is 0.79. Overlapping area represents the amount of variation of Income Tax Expense that can explain the historical movement of Net Income in the same time period over historical financial statements of Zentalis PharmaceuticalsLlc, assuming nothing else is changed. The correlation between historical values of Zentalis PharmaceuticalsL's Income Tax Expense and Net Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Income Tax Expense of Zentalis PharmaceuticalsLlc are associated (or correlated) with its Net Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income has no effect on the direction of Income Tax Expense i.e., Zentalis PharmaceuticalsL's Income Tax Expense and Net Income go up and down completely randomly.

Correlation Coefficient

0.79
Relationship DirectionPositive 
Relationship StrengthSignificant

Income Tax Expense

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in Zentalis PharmaceuticalsL financial statement analysis. It represents the amount of money remaining after all of Zentalis PharmaceuticalsLlc operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.
Most indicators from Zentalis PharmaceuticalsL's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Zentalis PharmaceuticalsL 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 Zentalis PharmaceuticalsLlc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate.
Tax Provision is expected to rise to about (784.7 K) this year. The value of Selling General Administrative is expected to slide to about 56.4 K
 2010 2019 2023 2024 (projected)
Interest Income355K498K572.7K469.2K
Net Interest Income355K498K572.7K469.2K

Zentalis PharmaceuticalsL fundamental ratios Correlations

0.980.981.00.110.960.910.52-0.880.990.40.880.360.911.00.84-0.47-0.870.960.920.990.980.961.00.761.0
0.981.00.960.220.930.920.58-0.920.980.330.870.380.930.970.89-0.51-0.830.970.960.991.00.990.960.750.97
0.981.00.970.190.940.920.58-0.920.990.340.870.420.930.980.89-0.52-0.840.970.960.991.00.990.970.770.98
1.00.960.970.10.960.890.48-0.870.980.420.860.350.91.00.81-0.46-0.880.950.890.980.970.941.00.741.0
0.110.220.190.1-0.030.02-0.33-0.130.070.42-0.05-0.13-0.010.130.050.05-0.330.310.080.130.190.140.14-0.250.13
0.960.930.940.96-0.030.860.65-0.940.960.270.830.50.970.960.9-0.66-0.820.910.880.950.940.920.950.810.96
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0.520.580.580.48-0.330.650.61-0.720.57-0.480.560.410.770.490.82-0.63-0.140.430.670.590.570.630.450.60.5
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0.990.980.990.980.070.960.910.57-0.910.340.870.480.930.980.86-0.53-0.850.960.940.980.990.970.980.820.98
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0.880.870.870.86-0.050.830.990.56-0.760.870.370.210.850.840.81-0.34-0.730.790.950.920.850.920.870.810.84
0.360.380.420.35-0.130.50.250.41-0.630.480.060.210.530.380.52-0.85-0.40.480.350.310.420.390.360.720.38
0.910.930.930.9-0.010.970.890.77-0.980.930.160.850.530.90.98-0.73-0.740.880.920.930.920.930.890.840.9
1.00.970.981.00.130.960.870.49-0.880.980.390.840.380.90.82-0.48-0.880.970.890.980.980.950.990.731.0
0.840.890.890.810.050.90.860.82-0.970.860.080.810.520.980.82-0.76-0.650.830.90.880.880.910.810.810.83
-0.47-0.51-0.52-0.460.05-0.66-0.39-0.630.8-0.530.0-0.34-0.85-0.73-0.48-0.760.45-0.55-0.46-0.46-0.52-0.5-0.45-0.69-0.48
-0.87-0.83-0.84-0.88-0.33-0.82-0.74-0.140.75-0.85-0.76-0.73-0.4-0.74-0.88-0.650.45-0.92-0.73-0.83-0.84-0.8-0.91-0.68-0.88
0.960.970.970.950.310.910.840.43-0.910.960.480.790.480.880.970.83-0.55-0.920.880.940.980.940.960.740.97
0.920.960.960.890.080.880.980.67-0.880.940.250.950.350.920.890.9-0.46-0.730.880.960.940.990.890.810.89
0.990.990.990.980.130.950.950.59-0.890.980.330.920.310.930.980.88-0.46-0.830.940.960.980.980.980.750.98
0.981.01.00.970.190.940.90.57-0.920.990.330.850.420.920.980.88-0.52-0.840.980.940.980.980.970.750.98
0.960.990.990.940.140.920.960.63-0.910.970.30.920.390.930.950.91-0.5-0.80.940.990.980.980.940.80.95
1.00.960.971.00.140.950.890.45-0.860.980.470.870.360.890.990.81-0.45-0.910.960.890.980.970.940.740.99
0.760.750.770.74-0.250.810.810.6-0.810.820.280.810.720.840.730.81-0.69-0.680.740.810.750.750.80.740.73
1.00.970.981.00.130.960.880.5-0.880.980.390.840.380.91.00.83-0.48-0.880.970.890.980.980.950.990.73
Click cells to compare fundamentals

Zentalis PharmaceuticalsL Account Relationship Matchups

Zentalis PharmaceuticalsL fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets102.7M365.6M454.5M539.3M562.0M378.6M
Other Current Liab9.8M19.0M30.9M45.4M51.5M29.2M
Total Current Liabilities14.9M28.6M43.9M56.6M69.4M40.3M
Total Stockholder Equity76.8M333.4M364.5M434.0M437.3M306.3M
Other Liab4.2M2.5M1.6M3.5M3.1M2.3M
Net Tangible Assets(92.6M)296.0M360.2M433.8M498.9M523.8M
Property Plant And Equipment Net2.8M3.6M52.8M50.1M41.7M27.8M
Net Debt(81.6M)(53.0M)(13.8M)2.1M17.7M18.6M
Retained Earnings(83.0M)(200.8M)(359.6M)(596.4M)(888.6M)(844.1M)
Accounts Payable4.3M8.7M11.6M11.2M14.9M9.9M
Cash82.4M55.0M59.7M43.1M28.0M39.1M
Non Current Assets Total18.6M20.5M103.7M87.4M65.3M56.8M
Non Currrent Assets Other2.2M2.3M2.6M(1.8M)6.8M7.2M
Other Assets0.04.3M9.7M12.4M14.2M14.9M
Cash And Short Term Investments82.4M338.5M339.9M437.4M482.9M312.8M
Net Receivables140K417K4.4M7.0M8.1M8.5M
Common Stock Total Equity25K41K45K59K53.1K50.4K
Common Stock Shares Outstanding35.9M41.0M42.7M52.9M65.4M46.9M
Liabilities And Stockholders Equity102.7M365.6M454.5M539.3M562.0M378.6M
Non Current Liabilities Total4.2M3.6M46.1M48.6M55.3M29.4M
Capital Lease Obligations781K2.0M45.9M45.2M43.2M25.1M
Other Current Assets1.5M6.2M10.9M14.6M13.8M8.7M
Other Stockholder Equity159.7M534.1M724.1M1.0B1.3B691.8M
Total Liab19.1M32.2M90.0M105.3M124.6M69.6M
Net Invested Capital76.8M308.6M364.0M433.8M437.3M290.6M
Property Plant And Equipment Gross2.8M3.6M53.6M7.7M44.9M47.1M
Total Current Assets84.1M345.1M350.8M451.9M496.7M321.8M
Accumulated Other Comprehensive Income(141.7M)36K(125K)(1.4M)2.2M2.3M
Capital Stock25K41K45K59K70K66.5K
Net Working Capital69.2M316.5M306.8M395.3M427.4M281.5M
Common Stock25K41K45K59K70K66.5K
Property Plant Equipment2.8M3.6M8.1M7.7M8.9M5.0M

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When determining whether Zentalis PharmaceuticalsL is a strong investment it is important to analyze Zentalis PharmaceuticalsL'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 Zentalis PharmaceuticalsL's future performance. For an informed investment choice regarding Zentalis 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 Zentalis PharmaceuticalsLlc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate.
You can also try the Positions Ratings module to 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.

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Is Zentalis PharmaceuticalsL'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 Zentalis PharmaceuticalsL. If investors know Zentalis 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 Zentalis PharmaceuticalsL listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(4.47)
Return On Assets
(0.29)
Return On Equity
(0.67)
The market value of Zentalis PharmaceuticalsL is measured differently than its book value, which is the value of Zentalis that is recorded on the company's balance sheet. Investors also form their own opinion of Zentalis PharmaceuticalsL's value that differs from its market value or its book value, called intrinsic value, which is Zentalis PharmaceuticalsL'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 Zentalis PharmaceuticalsL's market value can be influenced by many factors that don't directly affect Zentalis PharmaceuticalsL'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 Zentalis PharmaceuticalsL's value and its price as these two are different measures arrived at by different means. Investors typically determine if Zentalis PharmaceuticalsL is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Zentalis PharmaceuticalsL'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.