Zapp Total Assets vs Net Working Capital 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 Total Assets and its Net Working Capital 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.

Total Assets vs Net Working Capital

Total Assets vs Net Working Capital Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Zapp Electric Vehicles Total Assets account and Net Working Capital. At this time, the significance of the direction appears to have pay attention.
The correlation between Zapp Electric's Total Assets and Net Working Capital is -0.84. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Net Working Capital 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 Total Assets and Net Working Capital is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Assets of Zapp Electric Vehicles are associated (or correlated) with its Net Working Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Working Capital has no effect on the direction of Total Assets i.e., Zapp Electric's Total Assets and Net Working Capital go up and down completely randomly.

Correlation Coefficient

-0.84
Relationship DirectionNegative 
Relationship StrengthSignificant

Total Assets

Total assets refers to the total amount of Zapp Electric assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Zapp Electric Vehicles books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Net Working Capital

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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0.760.64-0.580.91-0.620.610.530.680.30.480.240.80.730.62-0.58-0.990.880.650.80.610.76-0.62-0.910.560.68
0.840.64-0.990.74-1.01.00.30.870.920.910.890.730.841.0-0.99-0.690.791.00.731.00.91-1.0-0.791.00.44
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0.930.910.74-0.69-0.740.740.730.830.480.560.460.970.920.73-0.68-0.910.990.730.970.730.91-0.72-0.940.680.83
-0.86-0.62-1.01.0-0.74-1.0-0.3-0.9-0.93-0.89-0.91-0.75-0.85-1.00.990.66-0.8-0.99-0.75-1.0-0.91.00.77-1.0-0.43
0.840.611.0-0.990.74-1.00.310.870.940.920.910.740.851.0-0.99-0.660.791.00.741.00.91-0.99-0.781.00.44
0.580.530.3-0.210.73-0.30.310.360.090.280.140.790.760.29-0.2-0.580.670.260.790.30.67-0.24-0.70.230.98
0.970.680.87-0.880.83-0.90.870.360.780.610.760.850.80.87-0.88-0.650.890.870.850.870.84-0.89-0.710.860.44
0.690.30.92-0.950.48-0.930.940.090.780.870.990.530.670.93-0.95-0.360.560.920.530.940.74-0.93-0.520.960.18
0.60.480.91-0.890.56-0.890.920.280.610.870.840.540.770.92-0.89-0.590.580.910.550.920.82-0.89-0.730.910.42
0.680.240.89-0.920.46-0.910.910.140.760.990.840.530.680.91-0.92-0.30.540.880.530.910.74-0.9-0.490.930.21
0.960.80.73-0.680.97-0.750.740.790.850.530.540.530.940.73-0.68-0.80.980.711.00.730.92-0.71-0.880.680.84
0.90.730.84-0.790.92-0.850.850.760.80.670.770.680.940.84-0.78-0.790.920.830.950.850.99-0.81-0.930.80.84
0.840.621.0-0.990.73-1.01.00.290.870.930.920.910.730.84-0.99-0.670.781.00.731.00.9-1.0-0.781.00.42
-0.82-0.58-0.991.0-0.680.99-0.99-0.2-0.88-0.95-0.89-0.92-0.68-0.78-0.990.62-0.75-0.99-0.68-0.99-0.861.00.72-1.0-0.33
-0.75-0.99-0.690.63-0.910.66-0.66-0.58-0.65-0.36-0.59-0.3-0.8-0.79-0.670.62-0.88-0.7-0.8-0.66-0.810.660.95-0.62-0.74
0.970.880.79-0.750.99-0.80.790.670.890.560.580.540.980.920.78-0.75-0.880.780.980.780.92-0.78-0.910.740.77
0.830.651.0-0.990.73-0.991.00.260.870.920.910.880.710.831.0-0.99-0.70.780.721.00.89-1.0-0.790.990.41
0.960.80.73-0.690.97-0.750.740.790.850.530.550.531.00.950.73-0.68-0.80.980.720.730.93-0.71-0.890.680.84
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
0.920.760.91-0.860.91-0.90.910.670.840.740.820.740.920.990.9-0.86-0.810.920.890.930.91-0.88-0.940.870.77
-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
-0.82-0.91-0.790.72-0.940.77-0.78-0.7-0.71-0.52-0.73-0.49-0.88-0.93-0.780.720.95-0.91-0.79-0.89-0.78-0.940.75-0.73-0.84
0.810.561.0-1.00.68-1.01.00.230.860.960.910.930.680.81.0-1.0-0.620.740.990.681.00.87-1.0-0.730.36
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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