Zions Short Term Investments vs Property Plant Equipment 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 Short Term Investments and its Property Plant Equipment 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.

Short Term Investments vs Property Plant Equipment

Short Term Investments vs Property Plant Equipment Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Zions Bancorporation Short Term Investments account and Property Plant Equipment. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Zions Bancorporation's Short Term Investments and Property Plant Equipment is 0.43. Overlapping area represents the amount of variation of Short Term Investments that can explain the historical movement of Property Plant Equipment 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 Short Term Investments and Property Plant Equipment is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Term Investments of Zions Bancorporation NA are associated (or correlated) with its Property Plant Equipment. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant Equipment has no effect on the direction of Short Term Investments i.e., Zions Bancorporation's Short Term Investments and Property Plant Equipment go up and down completely randomly.

Correlation Coefficient

0.43
Relationship DirectionPositive 
Relationship StrengthWeak

Short Term Investments

Short Term Investments is an item under the current assets section of Zions Bancorporation balance sheet. It contains any investments Zions Bancorporation NA undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that Zions Bancorporation can easily liquidate in the marketplace.

Property Plant Equipment

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 Profit2.9B3.3B2.7B1.7B
Total Revenue2.9B3.3B2.7B1.7B

Zions Bancorporation fundamental ratios Correlations

0.4-0.050.410.480.960.120.88-0.530.690.340.530.40.390.00.310.040.36-0.130.42-0.46-0.810.26-0.75-0.80.78
0.4-0.010.020.120.390.630.39-0.370.580.190.430.150.42-0.310.01-0.380.11-0.130.94-0.34-0.270.26-0.27-0.390.31
-0.05-0.01-0.270.57-0.14-0.29-0.390.55-0.360.62-0.47-0.19-0.10.490.260.130.140.7-0.10.69-0.330.03-0.35-0.02-0.12
0.410.02-0.27-0.310.60.370.66-0.020.75-0.340.69-0.160.48-0.38-0.37-0.39-0.56-0.550.11-0.46-0.18-0.440.01-0.360.5
0.480.120.57-0.310.35-0.380.070.05-0.120.93-0.370.340.060.50.70.30.660.660.060.36-0.770.46-0.88-0.460.33
0.960.39-0.140.60.350.290.94-0.460.820.230.640.310.51-0.10.19-0.170.15-0.280.45-0.55-0.740.15-0.67-0.780.85
0.120.63-0.290.37-0.380.290.42-0.130.66-0.320.570.010.4-0.48-0.29-0.9-0.42-0.670.68-0.660.17-0.010.11-0.120.37
0.880.39-0.390.660.070.940.42-0.60.9-0.080.740.390.39-0.360.08-0.270.07-0.550.49-0.77-0.490.15-0.46-0.730.84
-0.53-0.370.55-0.020.05-0.46-0.13-0.6-0.450.19-0.43-0.410.060.36-0.24-0.1-0.510.32-0.510.570.08-0.520.180.33-0.46
0.690.58-0.360.75-0.120.820.660.9-0.45-0.20.80.20.49-0.5-0.12-0.52-0.18-0.630.66-0.75-0.310.01-0.26-0.630.73
0.340.190.62-0.340.930.23-0.32-0.080.19-0.2-0.350.060.280.580.530.270.510.780.10.52-0.740.3-0.8-0.290.18
0.530.43-0.470.69-0.370.640.570.74-0.430.8-0.35-0.20.64-0.29-0.56-0.29-0.44-0.660.47-0.7-0.23-0.380.06-0.210.47
0.40.15-0.19-0.160.340.310.010.39-0.410.20.06-0.2-0.45-0.350.7-0.060.62-0.180.15-0.42-0.130.72-0.45-0.650.37
0.390.42-0.10.480.060.510.40.390.060.490.280.64-0.450.11-0.43-0.23-0.41-0.070.37-0.15-0.52-0.44-0.25-0.160.31
0.0-0.310.49-0.380.5-0.1-0.48-0.360.36-0.50.58-0.29-0.350.110.070.470.150.57-0.420.5-0.42-0.15-0.290.21-0.21
0.310.010.26-0.370.70.19-0.290.08-0.24-0.120.53-0.560.7-0.430.070.10.880.410.070.14-0.280.89-0.68-0.50.33
0.04-0.380.13-0.390.3-0.17-0.9-0.27-0.1-0.520.27-0.29-0.06-0.230.470.10.410.55-0.490.48-0.27-0.07-0.080.1-0.37
0.360.110.14-0.560.660.15-0.420.07-0.51-0.180.51-0.440.62-0.410.150.880.410.470.150.14-0.320.87-0.61-0.390.21
-0.13-0.130.7-0.550.66-0.28-0.67-0.550.32-0.630.78-0.66-0.18-0.070.570.410.550.47-0.210.91-0.340.18-0.380.1-0.31
0.420.94-0.10.110.060.450.680.49-0.510.660.10.470.150.37-0.420.07-0.490.15-0.21-0.42-0.170.37-0.27-0.370.49
-0.46-0.340.69-0.460.36-0.55-0.66-0.770.57-0.750.52-0.7-0.42-0.150.50.140.480.140.91-0.42-0.04-0.1-0.020.37-0.54
-0.81-0.27-0.33-0.18-0.77-0.740.17-0.490.08-0.31-0.74-0.23-0.13-0.52-0.42-0.28-0.27-0.32-0.34-0.17-0.04-0.060.840.63-0.49
0.260.260.03-0.440.460.15-0.010.15-0.520.010.3-0.380.72-0.44-0.150.89-0.070.870.180.37-0.1-0.06-0.5-0.40.35
-0.75-0.27-0.350.01-0.88-0.670.11-0.460.18-0.26-0.80.06-0.45-0.25-0.29-0.68-0.08-0.61-0.38-0.27-0.020.84-0.50.72-0.65
-0.8-0.39-0.02-0.36-0.46-0.78-0.12-0.730.33-0.63-0.29-0.21-0.65-0.160.21-0.50.1-0.390.1-0.370.370.63-0.40.72-0.62
0.780.31-0.120.50.330.850.370.84-0.460.730.180.470.370.31-0.210.33-0.370.21-0.310.49-0.54-0.490.35-0.65-0.62
Click cells to compare fundamentals

Zions Bancorporation Account Relationship Matchups

Zions Bancorporation fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets69.2B81.5B93.2B89.5B87.2B91.6B
Short Long Term Debt Total2.7B3.2B1.0B7.8B2.1B1.8B
Other Current Liab54.1B(1B)69.7B5.5B12.7B20.8B
Total Current Liabilities1B1.9B802M1.3B14.2B14.9B
Total Stockholder Equity7.4B7.9B7.5B4.9B5.7B3.8B
Property Plant And Equipment Net1.1B1.2B1.3B1.4B1.6B1.7B
Net Debt275M(281M)(9.9B)5.8B(137M)(143.9M)
Retained Earnings4.0B4.3B5.2B5.8B6.2B6.5B
Non Currrent Assets Other(310M)(360M)(28.0B)(24.7B)(3.5B)(3.4B)
Other Assets36.1B44.1B29.9B80.9B81.9B86.0B
Common Stock Shares Outstanding186.5M165.6M160.2M150.3M147.8M120.4M
Liabilities And Stockholders Equity69.2B81.5B93.2B89.5B87.2B91.6B
Non Current Liabilities Total1.7B1.3B1.0B82.5B67.3B70.7B
Other Stockholder Equity7.5B7.6B7.9B1.5B146M138.7M
Total Liab61.8B1.3B1.0B84.7B81.5B85.6B
Common Stock2.7B2.7B1.9B1.8B1.7B2.3B
Non Current Assets Total17.6B19.7B28.0B2.4B1.1B1.0B
Cash1.4B1.6B10.9B2.0B2.2B2.9B
Cash And Short Term Investments15.2B17.3B34.9B13.9B662M628.9M
Total Current Assets15.5B17.7B35.3B6.2B4.2B4.0B
Short Term Debt1B1.9B802M7.1B1.5B812.5M
Accumulated Other Comprehensive Income43M325M(80M)(3.1B)(2.8B)(2.7B)
Other Current Assets2.1B7.9B13.6B(8.1B)3.6B3.4B
Short Term Investments13.7B15.7B24.0B11.9B(1.5B)(1.5B)
Net Receivables327M334M320M386M383M316.4M
Net Tangible Assets6.1B6.0B5.8B6.3B7.2B6.0B
Long Term Debt383M724M1.7B1.3B1.2B997.4M
Retained Earnings Total Equity2.8B3.5B4.0B4.3B5.0B2.8B
Long Term Debt Total383M724M1.7B1.3B1.2B997.4M
Long Term Investments45.5B48.1B50.0B17.5B15.8B15.0B
Non Current Liabilities Other5.6B6.3B3.0B2.6B3.0B2.8B

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When determining whether Zions Bancorporation is a strong investment it is important to analyze Zions Bancorporation's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Zions Bancorporation's future performance. For an informed investment choice regarding Zions Stock, refer to the following important reports:
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.
You can also try the Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.
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.