Zscaler Net Debt vs Total Assets Analysis
| ZS Stock | USD 177.11 0.74 0.42% |
Zscaler financial indicator trend analysis is more than just analyzing Zscaler current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Zscaler is a good investment. Please check the relationship between Zscaler Net Debt and its Total Assets accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Zscaler. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state. For more information on how to buy Zscaler Stock please use our How to Invest in Zscaler guide.
Net Debt vs Total Assets
Net Debt vs Total Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Zscaler Net Debt account and Total Assets. At this time, the significance of the direction appears to have very week relationship.
The correlation between Zscaler's Net Debt and Total Assets is 0.24. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Total Assets in the same time period over historical financial statements of Zscaler, assuming nothing else is changed. The correlation between historical values of Zscaler's Net Debt and Total 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 Net Debt of Zscaler are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Net Debt i.e., Zscaler's Net Debt and Total Assets go up and down completely randomly.
Correlation Coefficient | 0.24 |
| Relationship Direction | Positive |
| Relationship Strength | Very Weak |
Net Debt
The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.Total Assets
Total assets refers to the total amount of Zscaler 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 Zscaler 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.Most indicators from Zscaler's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Zscaler 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 Zscaler. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state. For more information on how to buy Zscaler Stock please use our How to Invest in Zscaler guide.At this time, Zscaler's Tax Provision is comparatively stable compared to the past year. Selling General Administrative is likely to gain to about 214.4 M in 2024, whereas Enterprise Value Over EBITDA is likely to drop (275.64) in 2024.
| 2021 | 2022 | 2023 | 2024 (projected) | Interest Income | 4.6M | 60.5M | 69.5M | 73.0M | Tax Provision | 6.6M | 19.8M | 22.7M | 23.9M |
Zscaler fundamental ratios Correlations
Click cells to compare fundamentals
Zscaler Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Zscaler fundamental ratios Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Total Assets | 1.8B | 2.3B | 2.8B | 3.6B | 4.1B | 4.4B | |
| Other Current Liab | 65.8M | 116.5M | 158.4M | 201.8M | 232.0M | 243.6M | |
| Total Current Liabilities | 423.9M | 720.2M | 1.1B | 1.5B | 1.8B | 1.9B | |
| Total Stockholder Equity | 484.8M | 528.9M | 573.3M | 725.1M | 833.9M | 875.6M | |
| Other Liab | 35.1M | 63.8M | 105.3M | 169.7M | 195.1M | 204.9M | |
| Net Tangible Assets | 430.7M | 437.8M | 462.9M | 603.1M | 693.5M | 728.2M | |
| Retained Earnings | (339.6M) | (601.6M) | (991.9M) | (1.1B) | (981.3M) | (932.3M) | |
| Accounts Payable | 5.2M | 12.5M | 26.2M | 18.5M | 21.3M | 22.3M | |
| Cash | 141.9M | 275.9M | 1.0B | 1.3B | 1.5B | 1.5B | |
| Other Assets | 85.7M | 165.3M | 232.7M | 275.1M | 316.4M | 332.2M | |
| Cash And Short Term Investments | 1.4B | 1.5B | 1.7B | 2.1B | 2.4B | 2.5B | |
| Net Receivables | 147.6M | 257.1M | 399.7M | 582.6M | 670.0M | 703.5M | |
| Common Stock Shares Outstanding | 129.3M | 135.7M | 140.9M | 144.9M | 166.7M | 128.0M | |
| Capital Surpluse | 532.6M | 823.8M | 1.1B | 1.6B | 1.8B | 1.9B | |
| Other Current Assets | 31.4M | 31.3M | 39.4M | 91.6M | 105.4M | 110.6M | |
| Other Stockholder Equity | 823.8M | 1.1B | 1.6B | 1.8B | 2.1B | 2.2B | |
| Total Liab | 1.3B | 1.7B | 2.3B | 2.9B | 3.3B | 3.5B | |
| Deferred Long Term Liab | 77.7M | 149.7M | 210.8M | 259.4M | 298.3M | 313.2M | |
| Total Current Assets | 1.6B | 1.8B | 2.3B | 2.9B | 3.3B | 3.5B | |
| Common Stock | 133K | 139K | 143K | 147K | 169.1K | 105.1K | |
| Property Plant Equipment | 111.9M | 152.9M | 233.0M | 313.0M | 360.0M | 378.0M | |
| Property Plant And Equipment Net | 111.9M | 152.9M | 233.0M | 313.0M | 360.0M | 378.0M | |
| Current Deferred Revenue | 337.3M | 571.3M | 923.7M | 1.3B | 1.5B | 1.5B | |
| Net Debt | 763.4M | 688.7M | 32.5M | (51.7M) | (59.4M) | (56.4M) | |
| Non Current Assets Total | 251.7M | 409.3M | 576.0M | 718.0M | 825.7M | 867.0M | |
| Non Currrent Assets Other | 85.7M | 165.3M | 232.7M | 289.9M | 333.4M | 350.1M | |
| Common Stock Total Equity | 127K | 133K | 139K | 143K | 164.5K | 109.2K | |
| Liabilities And Stockholders Equity | 1.8B | 2.3B | 2.8B | 3.6B | 4.1B | 4.4B | |
| Non Current Liabilities Total | 924.7M | 1.0B | 1.1B | 1.3B | 1.5B | 1.6B | |
| Inventory | 32.2M | 57.4M | 86.2M | 115.8M | 133.2M | 139.9M | |
| Property Plant And Equipment Gross | 111.9M | 152.9M | 233.0M | 313.0M | 360.0M | 378.0M | |
| Accumulated Other Comprehensive Income | 463K | (650K) | (25.9M) | (1.6M) | (1.8M) | (1.9M) | |
| Non Current Liabilities Other | 2.6M | 4.5M | 7.9M | 12.7M | 14.6M | 15.4M | |
| Net Invested Capital | 1.3B | 1.4B | 1.5B | 1.9B | 2.1B | 2.2B | |
| Net Working Capital | 1.2B | 1.1B | 1.1B | 1.4B | 1.6B | 820.8M | |
| Good Will | 30.1M | 59.0M | 78.5M | 89.2M | 102.6M | 107.7M | |
| Retained Earnings Total Equity | (224.5M) | (339.6M) | (601.6M) | (991.9M) | (892.7M) | (848.1M) | |
| Short Term Investments | 1.2B | 1.2B | 718.1M | 838.0M | 963.7M | 817.8M |
Zscaler Investors Sentiment
The influence of Zscaler's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Zscaler. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Zscaler's public news can be used to forecast risks associated with an investment in Zscaler. The trend in average sentiment can be used to explain how an investor holding Zscaler can time the market purely based on public headlines and social activities around Zscaler. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Zscaler's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Zscaler's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Zscaler's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Zscaler.
Zscaler Implied Volatility | 69.8 |
Zscaler's implied volatility exposes the market's sentiment of Zscaler stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Zscaler's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Zscaler stock will not fluctuate a lot when Zscaler's options are near their expiration.
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 Zscaler 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, Zscaler's short interest history, or implied volatility extrapolated from Zscaler 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.When determining whether Zscaler is a strong investment it is important to analyze Zscaler'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 Zscaler's future performance. For an informed investment choice regarding Zscaler 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 Zscaler. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state. For more information on how to buy Zscaler Stock please use our How to Invest in Zscaler guide.You can also try the Stock Tickers module to use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites.
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When running Zscaler's price analysis, check to measure Zscaler'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 Zscaler is operating at the current time. Most of Zscaler's value examination focuses on studying past and present price action to predict the probability of Zscaler's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Zscaler's price. Additionally, you may evaluate how the addition of Zscaler to your portfolios can decrease your overall portfolio volatility.
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Is Zscaler'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 Zscaler. If investors know Zscaler 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 Zscaler listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.96) | Revenue Per Share 12.887 | Quarterly Revenue Growth 0.354 | Return On Assets (0.03) | Return On Equity (0.19) |
The market value of Zscaler is measured differently than its book value, which is the value of Zscaler that is recorded on the company's balance sheet. Investors also form their own opinion of Zscaler's value that differs from its market value or its book value, called intrinsic value, which is Zscaler'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 Zscaler's market value can be influenced by many factors that don't directly affect Zscaler'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 Zscaler's value and its price as these two are different measures arrived at by different means. Investors typically determine if Zscaler is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Zscaler'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.