ZOOZ Depreciation And Amortization vs Net Receivables Analysis

ZOOZ Stock   2.82  0.07  2.55%   
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 Depreciation And Amortization and its Net Receivables 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.

Depreciation And Amortization vs Net Receivables

Depreciation And Amortization vs Net Receivables Correlation Analysis

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

Correlation Coefficient

-0.43
Relationship DirectionNegative 
Relationship StrengthVery Weak

Depreciation And Amortization

The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.

Net Receivables

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 Expenses10.3M10.9M11.3M10.4M
Cost Of Revenue105.2K605.6K1.9M2.0M

ZOOZ Power fundamental ratios Correlations

0.760.770.990.81-0.88-0.79-0.710.960.810.96-0.370.850.810.40.930.820.990.91-0.30.390.980.43-0.43-0.77-0.42
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-0.79-0.94-0.95-0.72-0.930.430.79-0.63-0.93-0.630.33-0.89-0.94-0.15-0.92-0.93-0.72-0.930.78-0.79-0.75-0.870.860.950.85
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0.960.560.580.990.63-0.96-0.63-0.680.641.0-0.390.720.630.480.810.650.990.77-0.140.160.970.23-0.25-0.65-0.27
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0.850.890.880.810.85-0.61-0.89-0.60.720.840.72-0.570.950.480.970.840.810.95-0.550.790.840.74-0.7-0.87-0.65
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0.40.030.010.5-0.03-0.56-0.15-0.250.48-0.040.48-0.940.480.190.37-0.030.470.24-0.050.170.560.15-0.14-0.36-0.13
0.930.920.920.890.92-0.7-0.92-0.670.810.910.81-0.430.970.960.370.920.890.99-0.510.690.90.68-0.65-0.87-0.61
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0.990.670.691.00.72-0.93-0.72-0.70.990.730.99-0.410.810.730.470.890.740.85-0.230.30.990.35-0.36-0.73-0.36
0.910.960.960.850.96-0.65-0.93-0.650.770.960.77-0.310.950.980.240.990.960.85-0.510.70.860.68-0.65-0.84-0.61
-0.3-0.61-0.61-0.23-0.55-0.120.780.73-0.14-0.54-0.140.37-0.55-0.59-0.05-0.51-0.55-0.23-0.51-0.76-0.32-0.950.980.840.99
0.390.820.80.30.720.0-0.79-0.370.160.70.16-0.410.790.830.170.690.70.30.7-0.760.360.92-0.85-0.73-0.78
0.980.670.680.990.7-0.91-0.75-0.740.970.710.97-0.530.840.740.560.90.720.990.86-0.320.360.43-0.43-0.78-0.44
0.430.780.770.350.7-0.01-0.87-0.650.230.690.24-0.440.740.780.150.680.690.350.68-0.950.920.43-0.99-0.88-0.97
-0.43-0.73-0.73-0.35-0.670.010.860.73-0.25-0.66-0.250.44-0.7-0.72-0.14-0.65-0.66-0.36-0.650.98-0.85-0.43-0.990.90.99
-0.77-0.8-0.81-0.72-0.780.450.950.89-0.65-0.78-0.650.55-0.87-0.83-0.36-0.87-0.79-0.73-0.840.84-0.73-0.78-0.880.90.9
-0.42-0.68-0.68-0.35-0.630.010.850.79-0.27-0.62-0.270.42-0.65-0.67-0.13-0.61-0.63-0.36-0.610.99-0.78-0.44-0.970.990.9
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ZOOZ Power Account Relationship Matchups

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