ZOOZ Short Term Debt vs Other Current Assets 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 Short Term Debt and its Other Current Assets 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.

Short Term Debt vs Other Current Assets

Short Term Debt vs Other Current Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of ZOOZ Power Short Term Debt account and Other Current Assets. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between ZOOZ Power's Short Term Debt and Other Current Assets is -0.36. Overlapping area represents the amount of variation of Short Term Debt that can explain the historical movement of Other Current Assets 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 Short Term Debt and Other Current 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 Short Term Debt of ZOOZ Power Ltd are associated (or correlated) with its Other Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Assets has no effect on the direction of Short Term Debt i.e., ZOOZ Power's Short Term Debt and Other Current Assets go up and down completely randomly.

Correlation Coefficient

-0.36
Relationship DirectionNegative 
Relationship StrengthInsignificant

Short Term Debt

Other Current Assets

Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.
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

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ZOOZ Power Account Relationship Matchups

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