Ziprecruiter Operating Income vs Tax Provision Analysis

ZIP Stock

USD 8.28 0.05 0.60%

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

To learn how to invest in Ziprecruiter Stock, please use our How to Invest in Ziprecruiter guide.

Operating Income vs Tax Provision

Operating Income vs Tax Provision Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Ziprecruiter Operating Income account and Tax Provision. At this time, the significance of the direction appears to have fragmental relationship.

The correlation between Ziprecruiter's Operating Income and Tax Provision is 0.41. Overlapping area represents the amount of variation of Operating Income that can explain the historical movement of Tax Provision in the same time period over historical financial statements of Ziprecruiter, assuming nothing else is changed. The correlation between historical values of Ziprecruiter's Operating Income and Tax Provision is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Operating Income of Ziprecruiter are associated (or correlated) with its Tax Provision. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Tax Provision has no effect on the direction of Operating Income i.e., Ziprecruiter's Operating Income and Tax Provision go up and down completely randomly.

Correlation Coefficient

0.41

Relationship Direction	Positive
Relationship Strength	Weak

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Operating Income

Operating Income is the amount of profit realized from Ziprecruiter operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Ziprecruiter is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.

Tax Provision

The amount set aside by a company to cover any estimated taxes for the current period. It reflects the company's expected tax liabilities.

Most indicators from Ziprecruiter's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Ziprecruiter 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 Ziprecruiter. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.

To learn how to invest in Ziprecruiter Stock, please use our How to Invest in Ziprecruiter guide.As of 12/11/2024, Tax Provision is likely to grow to about 23.2 M, while Selling General Administrative is likely to drop slightly above 94.9 M.

	2021	2022	2023	2024 (projected)
Depreciation And Amortization	14.9M	10.7M	11.6M	13.6M
Interest Income	916K	28.5M	19.9M	11.2M

Depreciation And Amortization Interest Income

Ziprecruiter fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Net Tangible Assets	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Long Term Debt	Cash And Short Term Investments	Net Receivables	Good Will	Common Stock Shares Outstanding	Long Term Debt Total	Non Current Liabilities Total	Capital Surpluse	Capital Lease Obligations	Inventory
Total Assets		0.9	0.8	0.72	0.7	0.64	0.72	-0.91	-0.26	0.69	0.95	0.74	0.94	0.93	0.99	0.94	0.9	1.0	0.73	-0.52	0.58	0.88	0.82	0.22	-0.92	0.53
Short Long Term Debt Total	0.9		0.61	0.5	0.41	0.52	0.44	-0.96	-0.53	0.91	0.88	0.5	0.76	0.78	0.86	0.75	1.0	0.91	0.56	-0.75	0.57	1.0	0.9	-0.12	-0.96	0.19
Other Current Liab	0.8	0.61		0.98	0.85	0.43	0.84	-0.54	0.28	0.34	0.74	0.94	0.8	0.76	0.85	0.78	0.61	0.78	0.99	-0.31	0.87	0.58	0.4	0.58	-0.57	0.71
Total Current Liabilities	0.72	0.5	0.98		0.9	0.41	0.89	-0.44	0.37	0.19	0.68	0.96	0.78	0.73	0.78	0.75	0.5	0.69	0.97	-0.27	0.85	0.47	0.25	0.71	-0.47	0.73
Total Stockholder Equity	0.7	0.41	0.85	0.9		0.6	1.0	-0.46	0.23	0.01	0.72	0.94	0.87	0.85	0.73	0.86	0.41	0.67	0.79	-0.28	0.63	0.4	0.17	0.83	-0.48	0.75
Other Liab	0.64	0.52	0.43	0.41	0.6		0.62	-0.56	-0.43	0.26	0.82	0.65	0.73	0.78	0.53	0.79	0.52	0.63	0.3	-0.4	0.39	0.52	0.43	0.18	-0.53	0.66
Net Tangible Assets	0.72	0.44	0.84	0.89	1.0	0.62		-0.5	0.17	0.05	0.75	0.93	0.89	0.87	0.75	0.88	0.44	0.69	0.78	-0.33	0.63	0.44	0.21	0.81	-0.52	0.72
Property Plant And Equipment Net	-0.91	-0.96	-0.54	-0.44	-0.46	-0.56	-0.5		0.59	-0.83	-0.89	-0.47	-0.83	-0.84	-0.87	-0.81	-0.97	-0.91	-0.47	0.75	-0.41	-0.97	-0.89	0.04	1.0	-0.16
Current Deferred Revenue	-0.26	-0.53	0.28	0.37	0.23	-0.43	0.17	0.59		-0.6	-0.4	0.23	-0.2	-0.28	-0.13	-0.21	-0.54	-0.28	0.38	0.66	0.17	-0.57	-0.57	0.6	0.55	0.36
Net Debt	0.69	0.91	0.34	0.19	0.01	0.26	0.05	-0.83	-0.6		0.64	0.16	0.45	0.46	0.65	0.43	0.91	0.72	0.32	-0.63	0.37	0.9	0.92	-0.48	-0.82	-0.07
Retained Earnings	0.95	0.88	0.74	0.68	0.72	0.82	0.75	-0.89	-0.4	0.64		0.78	0.94	0.96	0.9	0.95	0.88	0.94	0.65	-0.65	0.64	0.88	0.74	0.21	-0.89	0.55
Accounts Payable	0.74	0.5	0.94	0.96	0.94	0.65	0.93	-0.47	0.23	0.16	0.78		0.84	0.82	0.77	0.84	0.5	0.72	0.89	-0.29	0.82	0.48	0.27	0.68	-0.49	0.84
Cash	0.94	0.76	0.8	0.78	0.87	0.73	0.89	-0.83	-0.2	0.45	0.94	0.84		0.99	0.92	0.99	0.77	0.92	0.72	-0.54	0.57	0.77	0.61	0.48	-0.84	0.6
Non Current Assets Total	0.93	0.78	0.76	0.73	0.85	0.78	0.87	-0.84	-0.28	0.46	0.96	0.82	0.99		0.9	0.99	0.78	0.91	0.66	-0.59	0.56	0.78	0.62	0.43	-0.85	0.57
Non Currrent Assets Other	0.99	0.86	0.85	0.78	0.73	0.53	0.75	-0.87	-0.13	0.65	0.9	0.77	0.92	0.9		0.91	0.86	0.98	0.81	-0.47	0.62	0.85	0.77	0.31	-0.88	0.53
Other Assets	0.94	0.75	0.78	0.75	0.86	0.79	0.88	-0.81	-0.21	0.43	0.95	0.84	0.99	0.99	0.91		0.75	0.92	0.69	-0.48	0.55	0.74	0.62	0.45	-0.81	0.66
Long Term Debt	0.9	1.0	0.61	0.5	0.41	0.52	0.44	-0.97	-0.54	0.91	0.88	0.5	0.77	0.78	0.86	0.75		0.91	0.56	-0.75	0.57	1.0	0.9	-0.12	-0.96	0.19
Cash And Short Term Investments	1.0	0.91	0.78	0.69	0.67	0.63	0.69	-0.91	-0.28	0.72	0.94	0.72	0.92	0.91	0.98	0.92	0.91		0.72	-0.51	0.56	0.89	0.85	0.18	-0.92	0.51
Net Receivables	0.73	0.56	0.99	0.97	0.79	0.3	0.78	-0.47	0.38	0.32	0.65	0.89	0.72	0.66	0.81	0.69	0.56	0.72		-0.24	0.86	0.52	0.35	0.57	-0.5	0.67
Good Will	-0.52	-0.75	-0.31	-0.27	-0.28	-0.4	-0.33	0.75	0.66	-0.63	-0.65	-0.29	-0.54	-0.59	-0.47	-0.48	-0.75	-0.51	-0.24		-0.48	-0.79	-0.48	0.07	0.73	0.18
Common Stock Shares Outstanding	0.58	0.57	0.87	0.85	0.63	0.39	0.63	-0.41	0.17	0.37	0.64	0.82	0.57	0.56	0.62	0.55	0.57	0.56	0.86	-0.48		0.55	0.25	0.37	-0.42	0.53
Long Term Debt Total	0.88	1.0	0.58	0.47	0.4	0.52	0.44	-0.97	-0.57	0.9	0.88	0.48	0.77	0.78	0.85	0.74	1.0	0.89	0.52	-0.79	0.55		0.89	-0.12	-0.97	0.15
Non Current Liabilities Total	0.82	0.9	0.4	0.25	0.17	0.43	0.21	-0.89	-0.57	0.92	0.74	0.27	0.61	0.62	0.77	0.62	0.9	0.85	0.35	-0.48	0.25	0.89		-0.34	-0.89	0.14
Capital Surpluse	0.22	-0.12	0.58	0.71	0.83	0.18	0.81	0.04	0.6	-0.48	0.21	0.68	0.48	0.43	0.31	0.45	-0.12	0.18	0.57	0.07	0.37	-0.12	-0.34		0.01	0.56
Capital Lease Obligations	-0.92	-0.96	-0.57	-0.47	-0.48	-0.53	-0.52	1.0	0.55	-0.82	-0.89	-0.49	-0.84	-0.85	-0.88	-0.81	-0.96	-0.92	-0.5	0.73	-0.42	-0.97	-0.89	0.01		-0.17
Inventory	0.53	0.19	0.71	0.73	0.75	0.66	0.72	-0.16	0.36	-0.07	0.55	0.84	0.6	0.57	0.53	0.66	0.19	0.51	0.67	0.18	0.53	0.15	0.14	0.56	-0.17

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Ziprecruiter Account Relationship Matchups

Pair Trading with Ziprecruiter

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Ziprecruiter position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Ziprecruiter will appreciate offsetting losses from the drop in the long position's value.

Moving together with Ziprecruiter Stock

0.63

GLXG

Galaxy Payroll Group

Pair Corr

Moving against Ziprecruiter Stock

0.56	T	ATT Inc Sell-off Trend	Pair Corr
0.51	OB	Outbrain	Pair Corr
0.5	SE	Sea	Pair Corr
0.49	NIXX	Nixxy, Inc Symbol Change	Pair Corr
0.43	KT	KT Corporation	Pair Corr

The ability to find closely correlated positions to Ziprecruiter could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Ziprecruiter when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Ziprecruiter - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Ziprecruiter to buy it.

The correlation of Ziprecruiter is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Ziprecruiter moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Ziprecruiter moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for Ziprecruiter can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

Additional Tools for Ziprecruiter Stock Analysis

When running Ziprecruiter's price analysis, check to measure Ziprecruiter's 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 Ziprecruiter is operating at the current time. Most of Ziprecruiter's value examination focuses on studying past and present price action to predict the probability of Ziprecruiter's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ziprecruiter's price. Additionally, you may evaluate how the addition of Ziprecruiter to your portfolios can decrease your overall portfolio volatility.

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