Zynex Long Term Debt vs Current Deferred Revenue Analysis

ZYXI Stock

USD 10.15 0.23 2.32%

Zynex financial indicator trend analysis is more than just analyzing Zynex Inc current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Zynex Inc is a good investment. Please check the relationship between Zynex Long Term Debt and its Current Deferred Revenue accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Zynex Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in interest.

Long Term Debt vs Current Deferred Revenue

Long Term Debt vs Current Deferred Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Zynex Inc Long Term Debt account and Current Deferred Revenue. At this time, the significance of the direction appears to have no relationship.

The correlation between Zynex's Long Term Debt and Current Deferred Revenue is 0.06. Overlapping area represents the amount of variation of Long Term Debt that can explain the historical movement of Current Deferred Revenue in the same time period over historical financial statements of Zynex Inc, assuming nothing else is changed. The correlation between historical values of Zynex's Long Term Debt and Current Deferred Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Long Term Debt of Zynex Inc are associated (or correlated) with its Current Deferred Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Current Deferred Revenue has no effect on the direction of Long Term Debt i.e., Zynex's Long Term Debt and Current Deferred Revenue go up and down completely randomly.

Correlation Coefficient

0.06

Relationship Direction	Positive
Relationship Strength	Insignificant

View All Relationships

Long Term Debt

Long-term debt is a debt that Zynex Inc has held for over one year. Long-term debt appears on Zynex Inc balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on Zynex Inc balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.

Current Deferred Revenue

Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.

Most indicators from Zynex's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Zynex Inc 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 Zynex Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in interest.

As of now, Zynex's Enterprise Value is increasing as compared to previous years.

	2021	2022	2023	2024 (projected)
Interest Expense	95K	440K	1.1M	1.1M
Depreciation And Amortization	2.3M	3.1M	4.2M	4.4M

Interest Expense Depreciation And Amortization

Zynex fundamental ratios Correlations

	Common Stock Shares Outstanding	Total Assets	Total Stockholder Equity	Retained Earnings	Common Stock Total Equity	Other Current Assets	Other Stockholder Equity	Total Current Assets	Common Stock	Total Liab	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Accounts Payable	Non Current Assets Total	Long Term Debt	Net Receivables	Non Current Liabilities Total	Inventory	Property Plant And Equipment Gross	Short Term Debt	Property Plant Equipment	Non Currrent Assets Other
Common Stock Shares Outstanding		0.31	0.38	0.17	-0.91	0.12	0.42	0.34	-0.91	0.21	0.14	0.44	0.48	0.33	0.3	-0.13	0.35	0.25	0.09	0.36	0.13	0.32	0.3	0.43	0.38	0.07
Total Assets	0.31		0.91	0.75	-0.11	0.82	0.69	0.99	-0.19	0.94	0.89	0.81	0.91	0.99	0.47	0.4	0.91	0.98	0.75	0.95	0.91	0.95	0.99	0.43	0.46	-0.6
Total Stockholder Equity	0.38	0.91		0.7	-0.1	0.6	0.86	0.93	-0.14	0.72	0.63	0.82	0.84	0.92	0.67	0.02	0.73	0.85	0.48	0.9	0.66	0.89	0.9	0.47	0.56	-0.25
Retained Earnings	0.17	0.75	0.7		-0.08	0.82	0.25	0.79	-0.16	0.69	0.69	0.48	0.52	0.69	0.41	0.25	0.74	0.65	0.74	0.68	0.7	0.78	0.72	-0.01	0.03	-0.61
Common Stock Total Equity	-0.91	-0.11	-0.1	-0.08		-0.08	-0.08	-0.14	0.99	-0.11	-0.07	-0.21	-0.31	-0.11	-0.08	-0.01	-0.28	-0.06	-0.07	-0.17	-0.05	-0.17	-0.11	-0.31	-0.12	0.01
Other Current Assets	0.12	0.82	0.6	0.82	-0.08		0.21	0.83	-0.19	0.9	0.94	0.5	0.61	0.75	0.13	0.58	0.92	0.79	0.97	0.67	0.93	0.76	0.8	0.0	0.04	-0.89
Other Stockholder Equity	0.42	0.69	0.86	0.25	-0.08	0.21		0.69	-0.08	0.45	0.33	0.76	0.74	0.74	0.65	-0.2	0.44	0.66	0.09	0.73	0.36	0.64	0.69	0.64	0.73	0.12
Total Current Assets	0.34	0.99	0.93	0.79	-0.14	0.83	0.69		-0.22	0.91	0.86	0.8	0.88	0.97	0.51	0.32	0.91	0.94	0.74	0.93	0.87	0.95	0.98	0.39	0.45	-0.57
Common Stock	-0.91	-0.19	-0.14	-0.16	0.99	-0.19	-0.08	-0.22		-0.21	-0.18	-0.25	-0.37	-0.19	-0.07	-0.1	-0.37	-0.15	-0.19	-0.23	-0.15	-0.24	-0.19	-0.31	-0.12	0.13
Total Liab	0.21	0.94	0.72	0.69	-0.11	0.9	0.45	0.91	-0.21		0.99	0.7	0.85	0.91	0.25	0.67	0.94	0.96	0.88	0.86	0.99	0.88	0.94	0.35	0.32	-0.8
Short Long Term Debt Total	0.14	0.89	0.63	0.69	-0.07	0.94	0.33	0.86	-0.18	0.99		0.62	0.76	0.85	0.16	0.72	0.93	0.91	0.93	0.78	1.0	0.82	0.89	0.24	0.23	-0.88
Other Current Liab	0.44	0.81	0.82	0.48	-0.21	0.5	0.76	0.8	-0.25	0.7	0.62		0.85	0.84	0.27	0.17	0.6	0.8	0.44	0.82	0.63	0.75	0.82	0.5	0.73	-0.29
Total Current Liabilities	0.48	0.91	0.84	0.52	-0.31	0.61	0.74	0.88	-0.37	0.85	0.76	0.85		0.93	0.41	0.42	0.81	0.91	0.52	0.96	0.77	0.92	0.92	0.74	0.55	-0.42
Property Plant And Equipment Net	0.33	0.99	0.92	0.69	-0.11	0.75	0.74	0.97	-0.19	0.91	0.85	0.84	0.93		0.53	0.38	0.87	0.98	0.67	0.96	0.87	0.95	1.0	0.52	0.55	-0.52
Current Deferred Revenue	0.3	0.47	0.67	0.41	-0.08	0.13	0.65	0.51	-0.07	0.25	0.16	0.27	0.41	0.53		-0.29	0.32	0.4	0.06	0.52	0.2	0.51	0.49	0.37	0.39	0.15
Net Debt	-0.13	0.4	0.02	0.25	-0.01	0.58	-0.2	0.32	-0.1	0.67	0.72	0.17	0.42	0.38	-0.29		0.56	0.53	0.65	0.39	0.7	0.4	0.43	0.19	-0.15	-0.81
Accounts Payable	0.35	0.91	0.73	0.74	-0.28	0.92	0.44	0.91	-0.37	0.94	0.93	0.6	0.81	0.87	0.32	0.56		0.89	0.86	0.83	0.93	0.88	0.9	0.31	0.17	-0.77
Non Current Assets Total	0.25	0.98	0.85	0.65	-0.06	0.79	0.66	0.94	-0.15	0.96	0.91	0.8	0.91	0.98	0.4	0.53	0.89		0.74	0.94	0.92	0.91	0.98	0.48	0.46	-0.61
Long Term Debt	0.09	0.75	0.48	0.74	-0.07	0.97	0.09	0.74	-0.19	0.88	0.93	0.44	0.52	0.67	0.06	0.65	0.86	0.74		0.57	0.92	0.65	0.73	-0.1	0.05	-0.93
Net Receivables	0.36	0.95	0.9	0.68	-0.17	0.67	0.73	0.93	-0.23	0.86	0.78	0.82	0.96	0.96	0.52	0.39	0.83	0.94	0.57		0.8	0.97	0.95	0.63	0.45	-0.45
Non Current Liabilities Total	0.13	0.91	0.66	0.7	-0.05	0.93	0.36	0.87	-0.15	0.99	1.0	0.63	0.77	0.87	0.2	0.7	0.93	0.92	0.92	0.8		0.83	0.9	0.24	0.25	-0.86
Inventory	0.32	0.95	0.89	0.78	-0.17	0.76	0.64	0.95	-0.24	0.88	0.82	0.75	0.92	0.95	0.51	0.4	0.88	0.91	0.65	0.97	0.83		0.95	0.55	0.36	-0.54
Property Plant And Equipment Gross	0.3	0.99	0.9	0.72	-0.11	0.8	0.69	0.98	-0.19	0.94	0.89	0.82	0.92	1.0	0.49	0.43	0.9	0.98	0.73	0.95	0.9	0.95		0.48	0.5	-0.59
Short Term Debt	0.43	0.43	0.47	-0.01	-0.31	0.0	0.64	0.39	-0.31	0.35	0.24	0.5	0.74	0.52	0.37	0.19	0.31	0.48	-0.1	0.63	0.24	0.55	0.48		0.52	0.1
Property Plant Equipment	0.38	0.46	0.56	0.03	-0.12	0.04	0.73	0.45	-0.12	0.32	0.23	0.73	0.55	0.55	0.39	-0.15	0.17	0.46	0.05	0.45	0.25	0.36	0.5	0.52		0.12
Non Currrent Assets Other	0.07	-0.6	-0.25	-0.61	0.01	-0.89	0.12	-0.57	0.13	-0.8	-0.88	-0.29	-0.42	-0.52	0.15	-0.81	-0.77	-0.61	-0.93	-0.45	-0.86	-0.54	-0.59	0.1	0.12

Click cells to compare fundamentals

Zynex Account Relationship Matchups

Zynex fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Common Stock Shares Outstanding	37.4M	38.4M	43.1M	39.1M	36.1M	30.4M
Total Assets	28.3M	72.2M	133.3M	116.5M	141.1M	148.1M
Total Stockholder Equity	19.7M	56.9M	73.9M	66.4M	46.1M	48.4M
Retained Earnings	14.4M	23.4M	0.0	17.0M	26.8M	28.1M
Other Current Assets	315K	1.4M	689K	868K	3.3M	3.5M
Other Stockholder Equity	5.4M	33.4M	73.9M	49.3M	19.3M	10.8M
Total Current Assets	22.6M	63.0M	82.7M	69.6M	87.9M	92.2M
Liabilities And Stockholders Equity	28.3M	72.2M	133.3M	116.5M	141.1M	148.1M
Total Liab	8.6M	15.3M	59.3M	50.1M	94.9M	99.7M
Short Long Term Debt Total	4.7M	7.3M	35.1M	27.0M	76.2M	80.0M
Other Current Liab	1.8M	3.3M	9.8M	6.0M	5.5M	5.8M
Total Current Liabilities	5.2M	10.1M	22.9M	21.1M	18.5M	19.5M
Property Plant And Equipment Net	4.7M	7.9M	18.5M	15.0M	16.2M	17.0M
Net Debt	(9.4M)	(31.8M)	(7.5M)	6.8M	31.6M	33.2M
Accounts Payable	2.1M	4.7M	4.7M	5.6M	8.4M	8.9M
Non Current Assets Total	5.7M	9.2M	50.6M	46.9M	53.2M	55.9M
Net Receivables	5.8M	13.8M	28.6M	35.1M	26.8M	28.2M
Non Current Liabilities Total	3.4M	5.2M	36.5M	29.0M	76.4M	80.2M
Inventory	2.4M	8.6M	10.8M	13.5M	13.1M	13.8M
Property Plant And Equipment Gross	4.7M	7.9M	18.5M	15.0M	18.4M	19.3M
Short Term Debt	1.3M	2.1M	8.3M	7.9M	3.9M	2.7M
Property Plant Equipment	4.9M	1.9M	18.9M	2.2M	2.5M	3.0M
Non Currrent Assets Other	509K	668K	974K	861K	(7.7M)	(7.4M)
Cash	14.0M	39.2M	42.6M	20.1M	44.6M	46.8M
Other Assets	842K	913K	1.3M	2.2M	1.0	0.95
Cash And Short Term Investments	14.0M	39.2M	42.6M	20.1M	44.6M	46.8M
Net Tangible Assets	19.7M	56.9M	43.5M	36.9M	42.4M	44.5M
Retained Earnings Total Equity	4.9M	14.4M	23.4M	17.0M	19.6M	20.6M
Capital Surpluse	9.2M	37.2M	80.4M	82.4M	94.8M	99.5M
Capital Lease Obligations	4.7M	7.3M	19.2M	16.3M	18.6M	19.5M

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When determining whether Zynex Inc offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Zynex'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 Zynex Inc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Zynex Inc Stock:

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When running Zynex's price analysis, check to measure Zynex'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 Zynex is operating at the current time. Most of Zynex's value examination focuses on studying past and present price action to predict the probability of Zynex's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Zynex's price. Additionally, you may evaluate how the addition of Zynex to your portfolios can decrease your overall portfolio volatility.

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Is Zynex'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 Zynex. If investors know Zynex 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 Zynex 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

(0.99)

Earnings Share

0.23

Revenue Per Share

5.474

Quarterly Revenue Growth

0.103

Return On Assets

0.0581

The market value of Zynex Inc is measured differently than its book value, which is the value of Zynex that is recorded on the company's balance sheet. Investors also form their own opinion of Zynex's value that differs from its market value or its book value, called intrinsic value, which is Zynex'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 Zynex's market value can be influenced by many factors that don't directly affect Zynex'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 Zynex's value and its price as these two are different measures arrived at by different means. Investors typically determine if Zynex is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Zynex'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.

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Zynex Long Term Debt vs Current Deferred Revenue Analysis

Long Term Debt vs Current Deferred Revenue

Long Term Debt vs Current Deferred Revenue Correlation Analysis

Correlation Coefficient

Long Term Debt

Current Deferred Revenue

Zynex fundamental ratios Correlations

Zynex Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Zynex fundamental ratios Accounts

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COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Non Current Liabilities Total	+ 1.0	Short Long Term Debt Total
Property Plant And Equipment Gross	+ 1.0	Property Plant And Equipment Net
Total Current Assets	+ 0.99	Total Assets
Property Plant And Equipment Net	+ 0.99	Total Assets
Property Plant And Equipment Gross	+ 0.99	Total Assets
Common Stock	+ 0.99	Common Stock Total Equity

Non Currrent Assets Other	- 0.93	Long Term Debt
Common Stock	- 0.91	Common Stock Shares Outstanding
Common Stock Total Equity	- 0.91	Common Stock Shares Outstanding
Non Currrent Assets Other	- 0.89	Other Current Assets
Non Currrent Assets Other	- 0.88	Short Long Term Debt Total
Non Currrent Assets Other	- 0.86	Non Current Liabilities Total