Zapp Non Current Liabilities Total vs Intangible Assets Analysis
ZAPPW Stock | 0.01 0.0003 3.00% |
Zapp Electric financial indicator trend analysis is more than just analyzing Zapp Electric Vehicles current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Zapp Electric Vehicles is a good investment. Please check the relationship between Zapp Electric Non Current Liabilities Total and its Intangible Assets accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Zapp Electric Vehicles. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey.
Non Current Liabilities Total vs Intangible Assets
Non Current Liabilities Total vs Intangible Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Zapp Electric Vehicles Non Current Liabilities Total account and Intangible Assets. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Zapp Electric's Non Current Liabilities Total and Intangible Assets is -0.49. Overlapping area represents the amount of variation of Non Current Liabilities Total that can explain the historical movement of Intangible Assets in the same time period over historical financial statements of Zapp Electric Vehicles, assuming nothing else is changed. The correlation between historical values of Zapp Electric's Non Current Liabilities Total and Intangible 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 Non Current Liabilities Total of Zapp Electric Vehicles are associated (or correlated) with its Intangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Intangible Assets has no effect on the direction of Non Current Liabilities Total i.e., Zapp Electric's Non Current Liabilities Total and Intangible Assets go up and down completely randomly.
Correlation Coefficient | -0.49 |
Relationship Direction | Negative |
Relationship Strength | Very Weak |
Non Current Liabilities Total
Intangible Assets
Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.Most indicators from Zapp Electric's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Zapp Electric Vehicles 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 Zapp Electric Vehicles. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey. Selling General Administrative is likely to drop to about 3.7 M in 2024. Issuance Of Capital Stock is expected to grow at the current pace this year
2010 | 2022 | 2023 | 2024 (projected) | Interest Expense | 289.0K | 305.5K | 561.0K | 423.7K | Interest Income | 1.1K | 2.7K | 9.3K | 4.8K |
Zapp Electric fundamental ratios Correlations
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Zapp Electric Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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