Zions Common Stock Shares Outstanding vs Total Assets Analysis
ZIONL Stock | USD 25.01 0.02 0.08% |
Zions Bancorporation financial indicator trend analysis is more than just analyzing Zions Bancorporation current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Zions Bancorporation is a good investment. Please check the relationship between Zions Bancorporation Common Stock Shares Outstanding and its Total Assets accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Zions Bancorporation NA. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. For more information on how to buy Zions Stock please use our How to buy in Zions Stock guide.
Common Stock Shares Outstanding vs Total Assets
Common Stock Shares Outstanding vs Total Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Zions Bancorporation Common Stock Shares Outstanding account and Total Assets. At this time, the significance of the direction appears to have weak relationship.
The correlation between Zions Bancorporation's Common Stock Shares Outstanding and Total Assets is 0.34. Overlapping area represents the amount of variation of Common Stock Shares Outstanding that can explain the historical movement of Total Assets in the same time period over historical financial statements of Zions Bancorporation NA, assuming nothing else is changed. The correlation between historical values of Zions Bancorporation's Common Stock Shares Outstanding and Total Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock Shares Outstanding of Zions Bancorporation NA are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Common Stock Shares Outstanding i.e., Zions Bancorporation's Common Stock Shares Outstanding and Total Assets go up and down completely randomly.
Correlation Coefficient | 0.34 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Common Stock Shares Outstanding
The total number of shares of a company's common stock that are currently owned by all its shareholders.Total Assets
Total assets refers to the total amount of Zions Bancorporation 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 Zions Bancorporation 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.Most indicators from Zions Bancorporation's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Zions Bancorporation 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 Zions Bancorporation NA. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. For more information on how to buy Zions Stock please use our How to buy in Zions Stock guide.At this time, Zions Bancorporation's Enterprise Value Over EBITDA is quite stable compared to the past year. Enterprise Value Multiple is expected to rise to 6.49 this year, although the value of Selling General Administrative will most likely fall to about 677.4 M.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 2.9B | 3.3B | 2.7B | 1.7B | Total Revenue | 2.9B | 3.3B | 2.7B | 1.7B |
Zions Bancorporation fundamental ratios Correlations
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Zions Bancorporation Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Zions Bancorporation fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 69.2B | 81.5B | 93.2B | 89.5B | 87.2B | 91.6B | |
Short Long Term Debt Total | 2.7B | 3.2B | 1.0B | 7.8B | 2.1B | 1.8B | |
Other Current Liab | 54.1B | (1B) | 69.7B | 5.5B | 12.7B | 20.8B | |
Total Current Liabilities | 1B | 1.9B | 802M | 1.3B | 14.2B | 14.9B | |
Total Stockholder Equity | 7.4B | 7.9B | 7.5B | 4.9B | 5.7B | 3.8B | |
Property Plant And Equipment Net | 1.1B | 1.2B | 1.3B | 1.4B | 1.6B | 1.7B | |
Net Debt | 275M | (281M) | (9.9B) | 5.8B | (137M) | (143.9M) | |
Retained Earnings | 4.0B | 4.3B | 5.2B | 5.8B | 6.2B | 6.5B | |
Non Currrent Assets Other | (310M) | (360M) | (28.0B) | (24.7B) | (3.5B) | (3.4B) | |
Other Assets | 36.1B | 44.1B | 29.9B | 80.9B | 81.9B | 86.0B | |
Common Stock Shares Outstanding | 186.5M | 165.6M | 160.2M | 150.3M | 147.8M | 120.4M | |
Liabilities And Stockholders Equity | 69.2B | 81.5B | 93.2B | 89.5B | 87.2B | 91.6B | |
Non Current Liabilities Total | 1.7B | 1.3B | 1.0B | 82.5B | 67.3B | 70.7B | |
Other Stockholder Equity | 7.5B | 7.6B | 7.9B | 1.5B | 146M | 138.7M | |
Total Liab | 61.8B | 1.3B | 1.0B | 84.7B | 81.5B | 85.6B | |
Common Stock | 2.7B | 2.7B | 1.9B | 1.8B | 1.7B | 2.3B | |
Non Current Assets Total | 17.6B | 19.7B | 28.0B | 2.4B | 1.1B | 1.0B | |
Cash | 1.4B | 1.6B | 10.9B | 2.0B | 2.2B | 2.9B | |
Cash And Short Term Investments | 15.2B | 17.3B | 34.9B | 13.9B | 662M | 628.9M | |
Total Current Assets | 15.5B | 17.7B | 35.3B | 6.2B | 4.2B | 4.0B | |
Short Term Debt | 1B | 1.9B | 802M | 7.1B | 1.5B | 812.5M | |
Accumulated Other Comprehensive Income | 43M | 325M | (80M) | (3.1B) | (2.8B) | (2.7B) | |
Other Current Assets | 2.1B | 7.9B | 13.6B | (8.1B) | 3.6B | 3.4B | |
Short Term Investments | 13.7B | 15.7B | 24.0B | 11.9B | (1.5B) | (1.5B) | |
Net Receivables | 327M | 334M | 320M | 386M | 383M | 316.4M | |
Net Tangible Assets | 6.1B | 6.0B | 5.8B | 6.3B | 7.2B | 6.0B | |
Long Term Debt | 383M | 724M | 1.7B | 1.3B | 1.2B | 997.4M | |
Retained Earnings Total Equity | 2.8B | 3.5B | 4.0B | 4.3B | 5.0B | 2.8B | |
Long Term Debt Total | 383M | 724M | 1.7B | 1.3B | 1.2B | 997.4M | |
Long Term Investments | 45.5B | 48.1B | 50.0B | 17.5B | 15.8B | 15.0B | |
Non Current Liabilities Other | 5.6B | 6.3B | 3.0B | 2.6B | 3.0B | 2.8B |
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Try AI Portfolio ArchitectCheck out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Zions Bancorporation NA. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. For more information on how to buy Zions Stock please use our How to buy in Zions Stock guide.You can also try the Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.
Is Oil & Gas Exploration & Production 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 Zions Bancorporation. If investors know Zions 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 Zions Bancorporation listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Zions Bancorporation is measured differently than its book value, which is the value of Zions that is recorded on the company's balance sheet. Investors also form their own opinion of Zions Bancorporation's value that differs from its market value or its book value, called intrinsic value, which is Zions Bancorporation'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 Zions Bancorporation's market value can be influenced by many factors that don't directly affect Zions Bancorporation'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 Zions Bancorporation's value and its price as these two are different measures arrived at by different means. Investors typically determine if Zions Bancorporation is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Zions Bancorporation'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.