ZOOZ Common Stock Shares Outstanding vs Capital Lease Obligations Analysis
ZOOZ Stock | 2.50 0.07 2.72% |
ZOOZ Power financial indicator trend analysis is more than just analyzing ZOOZ Power current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether ZOOZ Power is a good investment. Please check the relationship between ZOOZ Power Common Stock Shares Outstanding and its Capital Lease Obligations accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in ZOOZ Power Ltd. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.
Common Stock Shares Outstanding vs Capital Lease Obligations
Common Stock Shares Outstanding vs Capital Lease Obligations Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of ZOOZ Power Common Stock Shares Outstanding account and Capital Lease Obligations. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between ZOOZ Power's Common Stock Shares Outstanding and Capital Lease Obligations is -0.65. Overlapping area represents the amount of variation of Common Stock Shares Outstanding that can explain the historical movement of Capital Lease Obligations in the same time period over historical financial statements of ZOOZ Power Ltd, assuming nothing else is changed. The correlation between historical values of ZOOZ Power's Common Stock Shares Outstanding and Capital Lease Obligations 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 ZOOZ Power Ltd are associated (or correlated) with its Capital Lease Obligations. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capital Lease Obligations has no effect on the direction of Common Stock Shares Outstanding i.e., ZOOZ Power's Common Stock Shares Outstanding and Capital Lease Obligations go up and down completely randomly.
Correlation Coefficient | -0.65 |
Relationship Direction | Negative |
Relationship Strength | Weak |
Common Stock Shares Outstanding
The total number of shares of a company's common stock that are currently owned by all its shareholders.Capital Lease Obligations
ZOOZ Power capital lease obligations are the amount due for long-term lease agreements that are nearly equivalent to ZOOZ Power asset purchases. For example, ZOOZ Power can use a capital lease to finance the purchase of an asset without ever buying it. A capital lease gives companies such as ZOOZ Power control over an asset for a big portion of its life. The total obligations of a company under capital leases, which are lease agreements that transfer substantially all risks and rewards of ownership to the lessee.Most indicators from ZOOZ Power's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into ZOOZ Power 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 ZOOZ Power Ltd. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons. Enterprise Value is likely to rise to about 47.3 M in 2024, whereas Selling General Administrative is likely to drop slightly above 2.2 M in 2024.
2021 | 2022 | 2023 | 2024 (projected) | Total Operating Expenses | 10.3M | 10.9M | 11.3M | 10.4M | Cost Of Revenue | 105.2K | 605.6K | 1.9M | 2.0M |
ZOOZ Power fundamental ratios Correlations
Click cells to compare fundamentals
ZOOZ Power Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Additional Tools for ZOOZ Stock Analysis
When running ZOOZ Power's price analysis, check to measure ZOOZ Power'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 ZOOZ Power is operating at the current time. Most of ZOOZ Power's value examination focuses on studying past and present price action to predict the probability of ZOOZ Power's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ZOOZ Power's price. Additionally, you may evaluate how the addition of ZOOZ Power to your portfolios can decrease your overall portfolio volatility.