Zapp Property Plant And Equipment Gross vs Capital Lease Obligations 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 Property Plant And Equipment Gross and its Capital Lease Obligations 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.
Property Plant And Equipment Gross vs Capital Lease Obligations
Property Plant And Equipment Gross vs Capital Lease Obligations Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Zapp Electric Vehicles Property Plant And Equipment Gross account and Capital Lease Obligations. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Zapp Electric's Property Plant And Equipment Gross and Capital Lease Obligations is 0.98. Overlapping area represents the amount of variation of Property Plant And Equipment Gross that can explain the historical movement of Capital Lease Obligations 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 Property Plant And Equipment Gross and Capital Lease Obligations is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant And Equipment Gross of Zapp Electric Vehicles are associated (or correlated) with its Capital Lease Obligations. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capital Lease Obligations has no effect on the direction of Property Plant And Equipment Gross i.e., Zapp Electric's Property Plant And Equipment Gross and Capital Lease Obligations go up and down completely randomly.
Correlation Coefficient | 0.98 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Property Plant And Equipment Gross
Capital Lease Obligations
Zapp Electric Vehicles capital lease obligations are the amount due for long-term lease agreements that are nearly equivalent to Zapp Electric asset purchases. For example, Zapp Electric can use a capital lease to finance the purchase of an asset without ever buying it. A capital lease gives companies such as Zapp Electric control over an asset for a big portion of its life. The total obligations of a company under capital leases, which are lease agreements that transfer substantially all risks and rewards of ownership to the lessee.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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