Zedge Other Current Assets from 2010 to 2024

ZDGE Stock  USD 2.62  0.06  2.24%   
Zedge's Other Current Assets are increasing over the years with slightly volatile fluctuation. Other Current Assets are expected to dwindle to about 307.7 K. Other Current Assets is assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories. View All Fundamentals
 
Other Current Assets  
First Reported
2014-07-31
Previous Quarter
374 K
Current Value
593 K
Quarterly Volatility
270.4 K
 
Yuan Drop
 
Covid
Check Zedge financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Zedge's main balance sheet or income statement drivers, such as Depreciation And Amortization of 1.5 M, Interest Expense of 41.9 K or Selling General Administrative of 26.9 M, as well as many indicators such as Price To Sales Ratio of 1.61, Dividend Yield of 0.0 or PTB Ratio of 1.57. Zedge financial statements analysis is a perfect complement when working with Zedge Valuation or Volatility modules.
  
Check out the analysis of Zedge Correlation against competitors.

Latest Zedge's Other Current Assets Growth Pattern

Below is the plot of the Other Current Assets of Zedge Inc over the last few years. It is assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories. Zedge's Other Current Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Zedge's overall financial position and show how it may be relating to other accounts over time.
Other Current Assets10 Years Trend
Slightly volatile
   Other Current Assets   
       Timeline  

Zedge Other Current Assets Regression Statistics

Arithmetic Mean251,047
Geometric Mean205,568
Coefficient Of Variation68.37
Mean Deviation145,123
Median160,000
Standard Deviation171,634
Sample Variance29.5B
Range490K
R-Value0.65
Mean Square Error18.4B
R-Squared0.42
Significance0.01
Slope24,910
Total Sum of Squares412.4B

Zedge Other Current Assets History

2024307.7 K
2023593 K
2022569 K
2021396 K
2020160 K
2019113 K
2018103 K

About Zedge Financial Statements

Zedge stakeholders use historical fundamental indicators, such as Zedge's Other Current Assets, to determine how well the company is positioned to perform in the future. Although Zedge investors may analyze each financial statement separately, they are all interrelated. For example, changes in Zedge's assets and liabilities are reflected in the revenues and expenses on Zedge's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Zedge Inc. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Other Current Assets593 K307.7 K

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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 Zedge Inc is a strong investment it is important to analyze Zedge'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 Zedge's future performance. For an informed investment choice regarding Zedge Stock, refer to the following important reports:
Check out the analysis of Zedge Correlation against competitors.
You can also try the Price Ceiling Movement module to calculate and plot Price Ceiling Movement for different equity instruments.
Is Interactive Media & Services space 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 Zedge. If investors know Zedge 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 Zedge 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
(0.96)
Earnings Share
(0.65)
Revenue Per Share
2.135
Quarterly Revenue Growth
0.143
Return On Assets
0.0023
The market value of Zedge Inc is measured differently than its book value, which is the value of Zedge that is recorded on the company's balance sheet. Investors also form their own opinion of Zedge's value that differs from its market value or its book value, called intrinsic value, which is Zedge'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 Zedge's market value can be influenced by many factors that don't directly affect Zedge'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 Zedge's value and its price as these two are different measures arrived at by different means. Investors typically determine if Zedge is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Zedge'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.