Zoomcar Capital Lease Obligations vs Long Term Debt Analysis

ZCARW Stock   0.02  0  14.39%   
Zoomcar Holdings financial indicator trend analysis is more than just analyzing Zoomcar Holdings current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Zoomcar Holdings is a good investment. Please check the relationship between Zoomcar Holdings Capital Lease Obligations and its Long Term Debt accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Zoomcar Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
For more information on how to buy Zoomcar Stock please use our How to Invest in Zoomcar Holdings guide.

Capital Lease Obligations vs Long Term Debt

Capital Lease Obligations vs Long Term Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Zoomcar Holdings Capital Lease Obligations account and Long Term Debt. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Zoomcar Holdings' Capital Lease Obligations and Long Term Debt is -0.58. Overlapping area represents the amount of variation of Capital Lease Obligations that can explain the historical movement of Long Term Debt in the same time period over historical financial statements of Zoomcar Holdings, assuming nothing else is changed. The correlation between historical values of Zoomcar Holdings' Capital Lease Obligations and Long Term Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Capital Lease Obligations of Zoomcar Holdings are associated (or correlated) with its Long Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Debt has no effect on the direction of Capital Lease Obligations i.e., Zoomcar Holdings' Capital Lease Obligations and Long Term Debt go up and down completely randomly.

Correlation Coefficient

-0.58
Relationship DirectionNegative 
Relationship StrengthVery Weak

Capital Lease Obligations

Zoomcar Holdings capital lease obligations are the amount due for long-term lease agreements that are nearly equivalent to Zoomcar Holdings asset purchases. For example, Zoomcar Holdings can use a capital lease to finance the purchase of an asset without ever buying it. A capital lease gives companies such as Zoomcar Holdings 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.

Long Term Debt

Long-term debt is a debt that Zoomcar Holdings has held for over one year. Long-term debt appears on Zoomcar Holdings balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on Zoomcar Holdings balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.
Most indicators from Zoomcar Holdings' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Zoomcar Holdings 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 Zoomcar Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
For more information on how to buy Zoomcar Stock please use our How to Invest in Zoomcar Holdings guide.Selling General Administrative is likely to drop to about 13 M in 2024. Issuance Of Capital Stock is expected to grow at the current pace this year
 2021 2022 2023 2024 (projected)
Depreciation And Amortization3.2M795.4K1.0M971.9K
Interest Income142.6K28.9K47.9K84.7K

Zoomcar Holdings fundamental ratios Correlations

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-0.64-0.24-0.73-0.69-0.21-0.520.190.55-0.58-0.09-0.69-0.58-0.80.11-0.69-0.6-0.480.19-0.58-0.30.510.03-0.26-0.53-0.59
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0.550.450.470.09-1.00.33-0.110.010.62-0.860.530.340.34-0.880.190.520.180.550.440.3-0.40.98-1.00.640.32
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-0.91-0.93-0.81-0.90.44-0.99-0.43-0.16-0.90.53-0.88-0.99-0.870.740.51-0.88-0.96-0.97-0.4-0.980.18-0.580.31-0.92-0.99
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-0.47-0.37-0.40.010.99-0.240.150.0-0.540.85-0.45-0.25-0.260.84-0.26-0.45-0.08-0.47-1.0-0.35-0.330.31-0.95-0.56-0.22
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Click cells to compare fundamentals

Zoomcar Holdings Account Relationship Matchups

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When running Zoomcar Holdings' price analysis, check to measure Zoomcar Holdings' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Zoomcar Holdings is operating at the current time. Most of Zoomcar Holdings' value examination focuses on studying past and present price action to predict the probability of Zoomcar Holdings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Zoomcar Holdings' price. Additionally, you may evaluate how the addition of Zoomcar Holdings to your portfolios can decrease your overall portfolio volatility.