Zoomcar Total Stockholder Equity vs Non Currrent Assets Other 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 Total Stockholder Equity and its Non Currrent Assets Other 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.

Total Stockholder Equity vs Non Currrent Assets Other

Total Stockholder Equity vs Non Currrent Assets Other Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Zoomcar Holdings Total Stockholder Equity account and Non Currrent Assets Other. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Zoomcar Holdings' Total Stockholder Equity and Non Currrent Assets Other is -0.34. Overlapping area represents the amount of variation of Total Stockholder Equity that can explain the historical movement of Non Currrent Assets Other 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' Total Stockholder Equity and Non Currrent Assets Other 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 Stockholder Equity of Zoomcar Holdings are associated (or correlated) with its Non Currrent Assets Other. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Currrent Assets Other has no effect on the direction of Total Stockholder Equity i.e., Zoomcar Holdings' Total Stockholder Equity and Non Currrent Assets Other go up and down completely randomly.

Correlation Coefficient

-0.34
Relationship DirectionNegative 
Relationship StrengthInsignificant

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.

Non Currrent Assets Other

Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.
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.