Zillow Other Operating Expenses vs Income Before Tax Analysis

ZG Stock  USD 81.87  0.49  0.60%   
Zillow financial indicator trend analysis is more than just analyzing Zillow Group current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Zillow Group is a good investment. Please check the relationship between Zillow Other Operating Expenses and its Income Before Tax accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Zillow Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.

Other Operating Expenses vs Income Before Tax

Other Operating Expenses vs Income Before Tax Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Zillow Group Other Operating Expenses account and Income Before Tax. At this time, the significance of the direction appears to have pay attention.
The correlation between Zillow's Other Operating Expenses and Income Before Tax is -0.9. Overlapping area represents the amount of variation of Other Operating Expenses that can explain the historical movement of Income Before Tax in the same time period over historical financial statements of Zillow Group, assuming nothing else is changed. The correlation between historical values of Zillow's Other Operating Expenses and Income Before Tax is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Operating Expenses of Zillow Group are associated (or correlated) with its Income Before Tax. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Income Before Tax has no effect on the direction of Other Operating Expenses i.e., Zillow's Other Operating Expenses and Income Before Tax go up and down completely randomly.

Correlation Coefficient

-0.9
Relationship DirectionNegative 
Relationship StrengthSignificant

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Zillow Group. It is also known as Zillow overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.

Income Before Tax

Income Before Tax which can also be referred as pre-tax income is reported on Zillow income statement and is an important metric when analyzing Zillow Group profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability.
Most indicators from Zillow's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Zillow Group 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 Zillow Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.
At this time, Zillow's Issuance Of Capital Stock is most likely to decrease significantly in the upcoming years. The Zillow's current Enterprise Value Over EBITDA is estimated to increase to 116.38, while Sales General And Administrative To Revenue is projected to decrease to 0.23.
 2021 2022 2023 2024 (projected)
Gross Profit1.8B1.6B1.5B1.6B
Total Revenue8.1B2.0B1.9B1.4B

Zillow fundamental ratios Correlations

0.970.910.820.960.860.90.810.920.870.970.740.920.610.770.91-0.920.680.90.90.690.880.810.930.260.9
0.970.910.670.90.940.80.810.920.90.990.780.810.440.620.94-0.930.740.950.970.740.860.690.810.390.97
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0.820.670.640.830.50.930.670.670.620.660.380.920.830.930.67-0.630.260.540.530.390.730.850.960.050.53
0.960.90.890.830.720.870.740.930.760.910.720.940.670.830.83-0.920.710.830.780.660.840.880.940.020.78
0.860.940.830.50.720.660.70.770.860.930.780.610.270.440.87-0.860.680.930.990.620.740.470.640.620.99
0.90.80.710.930.870.660.830.760.80.790.470.940.750.880.84-0.730.370.710.70.540.80.850.960.150.7
0.810.810.780.670.740.70.830.820.780.780.620.770.290.510.84-0.70.490.790.760.80.860.560.750.120.76
0.920.920.960.670.930.770.760.820.790.930.810.850.370.580.86-0.920.810.880.840.870.920.710.820.030.84
0.870.90.780.620.760.860.80.780.790.880.580.770.40.550.97-0.790.550.830.880.730.850.60.760.470.88
0.970.990.940.660.910.930.790.780.930.880.820.810.440.620.93-0.960.790.960.970.740.850.690.810.330.97
0.740.780.90.380.720.780.470.620.810.580.820.510.070.330.69-0.860.920.890.820.660.660.380.530.130.82
0.920.810.780.920.940.610.940.770.850.770.810.510.750.880.83-0.780.490.690.660.640.860.920.990.010.66
0.610.440.30.830.670.270.750.290.370.40.440.070.750.950.42-0.430.070.30.28-0.020.340.860.780.010.28
0.770.620.540.930.830.440.880.510.580.550.620.330.880.950.61-0.610.280.50.470.220.550.930.920.010.47
0.910.940.850.670.830.870.840.840.860.970.930.690.830.420.61-0.860.640.890.90.780.880.670.820.370.9
-0.92-0.93-0.95-0.63-0.92-0.86-0.73-0.7-0.92-0.79-0.96-0.86-0.78-0.43-0.61-0.86-0.86-0.94-0.9-0.7-0.81-0.66-0.79-0.16-0.9
0.680.740.850.260.710.680.370.490.810.550.790.920.490.070.280.64-0.860.830.740.670.590.40.46-0.010.74
0.90.950.920.540.830.930.710.790.880.830.960.890.690.30.50.89-0.940.830.960.70.770.540.70.30.96
0.90.970.880.530.780.990.70.760.840.880.970.820.660.280.470.9-0.90.740.960.690.780.520.680.51.0
0.690.740.820.390.660.620.540.80.870.730.740.660.64-0.020.220.78-0.70.670.70.690.890.410.570.030.69
0.880.860.90.730.840.740.80.860.920.850.850.660.860.340.550.88-0.810.590.770.780.890.630.840.150.78
0.810.690.60.850.880.470.850.560.710.60.690.380.920.860.930.67-0.660.40.540.520.410.630.91-0.020.52
0.930.810.780.960.940.640.960.750.820.760.810.530.990.780.920.82-0.790.460.70.680.570.840.910.080.68
0.260.390.120.050.020.620.150.120.030.470.330.130.010.010.010.37-0.16-0.010.30.50.030.15-0.020.080.5
0.90.970.880.530.780.990.70.760.840.880.970.820.660.280.470.9-0.90.740.961.00.690.780.520.680.5
Click cells to compare fundamentals

Zillow Account Relationship Matchups

Zillow fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets6.1B7.5B10.7B6.6B6.7B7.0B
Total Stockholder Equity3.4B4.7B5.3B4.5B4.5B4.8B
Property Plant And Equipment Net382.6M384.1M344.5M397M401M421.1M
Net Debt1.4B816.6M2.4B401M340M308.3M
Cash1.1B1.7B2.6B1.5B1.5B1.6B
Non Current Assets Total2.6B2.5B3.0B3.0B3.5B3.7B
Non Currrent Assets Other63.7M57.9M117.1M35M44M24.4M
Other Assets53.7M57.9M42.0M30M34.5M26.4M
Cash And Short Term Investments2.4B3.9B3.1B3.4B2.8B3.0B
Common Stock Shares Outstanding206.4M223.8M249.9M242.2M233.6M153.1M
Liabilities And Stockholders Equity6.1B7.5B10.7B6.6B6.7B7.0B
Other Stockholder Equity4.4B5.9B7.0B6.1B6.3B6.6B
Property Plant And Equipment Gross382.6M384.1M214.6M271M612M642.6M
Total Current Assets3.5B5.0B7.7B3.6B3.1B1.7B
Accumulated Other Comprehensive Income340K164K7.2M(15M)(5M)(4.8M)
Other Current Liab123.2M136.0M3.7B138M154M146.3M
Total Current Liabilities920.5M908.6M3.9B270M971M561.9M
Current Deferred Revenue39.7M49.0M51.5M44M52M29.8M
Retained Earnings(977.1M)(1.1B)(1.7B)(1.6B)(1.8B)(1.7B)
Accounts Payable8.3M19.0M11M20M28M29.4M
Net Receivables67.0M69.9M77M72M96M100.8M
Short Term Investments1.3B2.2B513.9M1.9B1.3B698.3M
Non Current Liabilities Total1.8B1.8B1.5B1.8B1.2B744.9M
Other Current Assets58.1M482.4M861.3M169M243M145.2M
Total Liab2.7B2.7B5.4B2.1B2.1B1.3B
Intangible Assets190.6M94.8M180.1M154M241M187.9M
Other Liab12.2M14.9M4.5M12M10.8M10.3M
Net Tangible Assets1.3B2.7B5.3B4.5B5.2B5.4B
Inventory836.6M491.3M3.9B43M103M97.9M
Deferred Long Term Liab12.2M14.9M35.5M23M20.7M19.7M
Property Plant Equipment170.5M196.2M214.6M271M311.7M162.5M
Short Long Term Debt Total2.5B2.5B5.0B1.9B1.8B1.9B
Long Term Debt1.5B1.6B1.3B1.7B1B1.1B
Retained Earnings Total Equity(977.1M)(1.1B)(1.7B)(1.6B)(1.5B)(1.5B)
Long Term Debt Total1.5B1.6B1.3B1.7B1.9B1.1B
Capital Surpluse4.4B5.9B7.0B6.1B7.0B5.0B

Currently Active Assets on Macroaxis

Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Zillow Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.
You can also try the Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.
Is Real Estate Management & Development space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Zillow. If investors know Zillow will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Zillow listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.25)
Earnings Share
(0.58)
Revenue Per Share
9.29
Quarterly Revenue Growth
0.171
Return On Assets
(0.02)
The market value of Zillow Group is measured differently than its book value, which is the value of Zillow that is recorded on the company's balance sheet. Investors also form their own opinion of Zillow's value that differs from its market value or its book value, called intrinsic value, which is Zillow's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Zillow's market value can be influenced by many factors that don't directly affect Zillow's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Zillow's value and its price as these two are different measures arrived at by different means. Investors typically determine if Zillow is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Zillow's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.