Zapp Other Current Assets vs Total Stockholder Equity 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 Other Current Assets and its Total Stockholder Equity 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.

Other Current Assets vs Total Stockholder Equity

Other Current Assets vs Total Stockholder Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Zapp Electric Vehicles Other Current Assets account and Total Stockholder Equity. At this time, the significance of the direction appears to have pay attention.
The correlation between Zapp Electric's Other Current Assets and Total Stockholder Equity is -0.79. Overlapping area represents the amount of variation of Other Current Assets that can explain the historical movement of Total Stockholder Equity 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 Other Current Assets and Total Stockholder Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Current Assets of Zapp Electric Vehicles are associated (or correlated) with its Total Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Stockholder Equity has no effect on the direction of Other Current Assets i.e., Zapp Electric's Other Current Assets and Total Stockholder Equity go up and down completely randomly.

Correlation Coefficient

-0.79
Relationship DirectionNegative 
Relationship StrengthWeak

Other Current Assets

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.

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.
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 Expense289.0K305.5K561.0K423.7K
Interest Income1.1K2.7K9.3K4.8K

Zapp Electric fundamental ratios Correlations

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0.840.611.0-0.990.73-1.01.00.30.870.940.920.910.730.851.0-0.99-0.660.781.00.730.91-1.0-0.781.00.43
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-0.84-0.62-1.01.0-0.721.0-0.99-0.24-0.89-0.93-0.89-0.9-0.71-0.81-1.01.00.66-0.78-1.0-0.71-1.0-0.880.75-1.0-0.37
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0.650.680.44-0.340.83-0.430.440.980.440.180.420.210.840.840.42-0.33-0.740.770.410.840.430.77-0.37-0.840.36
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Zapp Electric Account Relationship Matchups

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