Zoomcar Net Receivables vs Other Current Liab 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 Net Receivables and its Other Current Liab 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.

Net Receivables vs Other Current Liab

Net Receivables vs Other Current Liab Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Zoomcar Holdings Net Receivables account and Other Current Liab. At this time, the significance of the direction appears to have strong relationship.
The correlation between Zoomcar Holdings' Net Receivables and Other Current Liab is 0.71. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Other Current Liab 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' Net Receivables and Other Current Liab is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Receivables of Zoomcar Holdings are associated (or correlated) with its Other Current Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Liab has no effect on the direction of Net Receivables i.e., Zoomcar Holdings' Net Receivables and Other Current Liab go up and down completely randomly.

Correlation Coefficient

0.71
Relationship DirectionPositive 
Relationship StrengthSignificant

Net Receivables

Other Current Liab

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

0.780.950.82-0.560.880.08-0.170.99-0.590.990.920.96-0.8-0.640.990.840.950.550.960.18-0.910.7-0.470.990.91
0.780.570.84-0.520.950.670.480.8-0.460.70.920.64-0.7-0.240.70.910.930.450.91-0.45-0.930.62-0.370.830.92
0.950.570.69-0.450.75-0.18-0.440.92-0.610.980.810.98-0.75-0.730.980.710.820.470.850.42-0.810.6-0.40.910.79
0.820.840.69-0.130.940.50.160.8-0.120.790.940.81-0.42-0.690.790.980.870.090.92-0.31-0.90.30.010.790.96
-0.56-0.52-0.45-0.13-0.380.01-0.1-0.630.85-0.53-0.38-0.340.89-0.21-0.52-0.23-0.59-1.0-0.47-0.210.44-0.980.99-0.65-0.36
0.880.950.750.94-0.380.520.240.88-0.420.840.990.83-0.66-0.520.840.990.960.330.98-0.28-0.990.52-0.240.891.0
0.080.67-0.180.50.010.520.920.110.14-0.020.43-0.04-0.030.19-0.020.540.37-0.110.35-0.96-0.430.010.150.140.45
-0.170.48-0.440.16-0.10.240.92-0.120.11-0.270.13-0.350.020.55-0.270.220.140.010.08-0.93-0.160.050.0-0.070.16
0.990.80.920.8-0.630.880.11-0.12-0.610.980.910.92-0.83-0.580.980.830.960.620.950.16-0.90.76-0.541.00.9
-0.59-0.46-0.61-0.120.85-0.420.140.11-0.61-0.58-0.44-0.490.94-0.09-0.58-0.26-0.57-0.86-0.5-0.360.53-0.860.85-0.65-0.4
0.990.70.980.79-0.530.84-0.02-0.270.98-0.580.890.97-0.78-0.691.00.80.910.530.930.27-0.880.68-0.450.970.87
0.920.920.810.94-0.380.990.430.130.91-0.440.890.88-0.68-0.580.890.980.970.340.99-0.18-0.990.54-0.250.921.0
0.960.640.980.81-0.340.83-0.04-0.350.92-0.490.970.88-0.67-0.80.970.820.860.340.90.28-0.870.51-0.260.910.87
-0.8-0.7-0.75-0.420.89-0.66-0.030.02-0.830.94-0.78-0.68-0.670.11-0.78-0.53-0.8-0.88-0.74-0.230.74-0.940.84-0.86-0.65
-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
0.990.70.980.79-0.520.84-0.02-0.270.98-0.581.00.890.97-0.78-0.690.80.910.520.930.27-0.880.67-0.450.970.87
0.840.910.710.98-0.230.990.540.220.83-0.260.80.980.82-0.53-0.60.80.920.180.95-0.33-0.960.39-0.080.830.99
0.950.930.820.87-0.590.960.370.140.96-0.570.910.970.86-0.8-0.480.910.920.550.99-0.11-0.970.72-0.470.970.96
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
0.960.910.850.92-0.470.980.350.080.95-0.50.930.990.9-0.74-0.580.930.950.990.44-0.1-0.980.62-0.350.960.99
0.18-0.450.42-0.31-0.21-0.28-0.96-0.930.16-0.360.27-0.180.28-0.23-0.30.27-0.33-0.110.3-0.10.180.22-0.330.12-0.22
-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
0.70.620.60.3-0.980.520.010.050.76-0.860.680.540.51-0.940.030.670.390.720.980.620.22-0.58-0.950.780.51
-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
0.990.830.910.79-0.650.890.14-0.071.0-0.650.970.920.91-0.86-0.530.970.830.970.640.960.12-0.920.78-0.560.91
0.910.920.790.96-0.361.00.450.160.9-0.40.871.00.87-0.65-0.590.870.990.960.320.99-0.22-0.990.51-0.220.91
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.