Zota Interest Income vs Reconciled Depreciation Analysis

ZOTA Stock

826.15 42.45 5.42%

Zota Health financial indicator trend analysis is more than just analyzing Zota Health Care current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Zota Health Care is a good investment. Please check the relationship between Zota Health Interest Income and its Reconciled Depreciation accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Zota Health Care. 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.

Interest Income vs Reconciled Depreciation

Interest Income vs Reconciled Depreciation Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Zota Health Care Interest Income account and Reconciled Depreciation. At this time, the significance of the direction appears to have fragmental relationship.

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

Correlation Coefficient

0.41

Relationship Direction	Positive
Relationship Strength	Weak

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Interest Income

Income earned from the investment of cash or from lending money to others, including interest from bank accounts, bonds, or other interest-bearing investments.

Reconciled Depreciation

Most indicators from Zota Health's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Zota Health Care 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 Zota Health Care. 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.

At this time, Zota Health's Selling General Administrative is comparatively stable compared to the past year. Issuance Of Capital Stock is likely to gain to about 273.9 M in 2024, despite the fact that Tax Provision is likely to grow to (17.2 M).

	2021	2022	2023	2024 (projected)
Interest Expense	141K	25.6M	47.9M	50.3M
Depreciation And Amortization	36.7M	119.6M	201.7M	211.8M

Interest Expense Depreciation And Amortization

Zota Health fundamental ratios Correlations

	Common Stock Shares Outstanding	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	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	Cash And Short Term Investments	Net Receivables	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Short Term Debt	Common Stock	Intangible Assets
Common Stock Shares Outstanding		0.83	0.91	0.72	0.91	0.3	0.93	0.08	0.94	-0.6	0.46	-0.07	0.87	0.02	-0.18	0.04	0.25	0.93	0.45	0.83	0.66	0.93	0.43	0.86	0.37	0.2
Total Assets	0.83		0.94	0.77	0.95	0.76	0.92	0.09	0.89	-0.21	0.81	0.2	0.99	0.13	-0.07	0.48	0.66	0.91	0.82	0.78	0.84	0.94	0.84	0.74	0.75	0.49
Short Long Term Debt Total	0.91	0.94		0.88	0.96	0.53	0.98	-0.07	0.98	-0.51	0.7	0.17	0.96	0.14	-0.15	0.21	0.39	0.98	0.71	0.86	0.77	0.98	0.67	0.92	0.54	0.3
Other Current Liab	0.72	0.77	0.88		0.75	0.46	0.82	-0.4	0.81	-0.46	0.52	0.35	0.8	0.21	-0.13	0.2	0.23	0.8	0.59	0.64	0.69	0.79	0.53	0.86	0.41	0.24
Total Current Liabilities	0.91	0.95	0.96	0.75		0.55	0.97	0.15	0.96	-0.41	0.76	0.13	0.96	0.15	-0.18	0.26	0.47	0.97	0.72	0.85	0.79	0.99	0.71	0.84	0.57	0.28
Total Stockholder Equity	0.3	0.76	0.53	0.46	0.55		0.46	0.05	0.41	0.37	0.78	0.33	0.69	0.05	0.21	0.82	0.93	0.45	0.86	0.35	0.66	0.5	0.93	0.21	0.93	0.75
Property Plant And Equipment Net	0.93	0.92	0.98	0.82	0.97	0.46		0.05	1.0	-0.57	0.69	0.07	0.95	0.14	-0.25	0.14	0.33	1.0	0.67	0.88	0.76	0.99	0.63	0.9	0.49	0.22
Current Deferred Revenue	0.08	0.09	-0.07	-0.4	0.15	0.05	0.05		0.06	0.14	0.13	-0.42	0.1	-0.01	-0.28	0.05	0.17	0.08	0.03	0.0	0.13	0.12	0.11	-0.26	0.08	-0.02
Net Debt	0.94	0.89	0.98	0.81	0.96	0.41	1.0	0.06		-0.61	0.66	0.04	0.93	0.14	-0.25	0.08	0.28	1.0	0.63	0.88	0.73	0.99	0.59	0.92	0.45	0.19
Retained Earnings	-0.6	-0.21	-0.51	-0.46	-0.41	0.37	-0.57	0.14	-0.61		0.01	0.29	-0.32	0.04	0.33	0.63	0.51	-0.58	0.04	-0.53	-0.1	-0.5	0.14	-0.73	0.27	0.31
Accounts Payable	0.46	0.81	0.7	0.52	0.76	0.78	0.69	0.13	0.66	0.01		0.25	0.76	0.09	0.01	0.45	0.71	0.69	0.96	0.57	0.66	0.73	0.94	0.52	0.79	0.41
Cash	-0.07	0.2	0.17	0.35	0.13	0.33	0.07	-0.42	0.04	0.29	0.25		0.18	0.21	-0.31	0.6	0.19	0.05	0.27	0.14	0.37	0.09	0.26	0.12	0.04	-0.19
Non Current Assets Total	0.87	0.99	0.96	0.8	0.96	0.69	0.95	0.1	0.93	-0.32	0.76	0.18		0.17	-0.16	0.41	0.56	0.95	0.77	0.83	0.85	0.96	0.78	0.77	0.68	0.42
Non Currrent Assets Other	0.02	0.13	0.14	0.21	0.15	0.05	0.14	-0.01	0.14	0.04	0.09	0.21	0.17		-0.03	0.18	-0.08	0.14	-0.05	0.24	0.07	0.15	0.03	0.14	0.05	-0.06
Other Assets	-0.18	-0.07	-0.15	-0.13	-0.18	0.21	-0.25	-0.28	-0.25	0.33	0.01	-0.31	-0.16	-0.03		0.02	0.36	-0.26	0.08	-0.28	-0.34	-0.23	0.12	-0.15	0.41	0.7
Cash And Short Term Investments	0.04	0.48	0.21	0.2	0.26	0.82	0.14	0.05	0.08	0.63	0.45	0.6	0.41	0.18	0.02		0.78	0.12	0.51	0.16	0.49	0.19	0.62	-0.11	0.63	0.47
Net Receivables	0.25	0.66	0.39	0.23	0.47	0.93	0.33	0.17	0.28	0.51	0.71	0.19	0.56	-0.08	0.36	0.78		0.32	0.77	0.23	0.53	0.39	0.86	0.06	0.92	0.79
Non Current Liabilities Total	0.93	0.91	0.98	0.8	0.97	0.45	1.0	0.08	1.0	-0.58	0.69	0.05	0.95	0.14	-0.26	0.12	0.32		0.66	0.88	0.76	0.99	0.63	0.9	0.48	0.21
Inventory	0.45	0.82	0.71	0.59	0.72	0.86	0.67	0.03	0.63	0.04	0.96	0.27	0.77	-0.05	0.08	0.51	0.77	0.66		0.5	0.66	0.7	0.98	0.51	0.84	0.53
Other Current Assets	0.83	0.78	0.86	0.64	0.85	0.35	0.88	0.0	0.88	-0.53	0.57	0.14	0.83	0.24	-0.28	0.16	0.23	0.88	0.5		0.66	0.87	0.5	0.79	0.37	0.1
Other Stockholder Equity	0.66	0.84	0.77	0.69	0.79	0.66	0.76	0.13	0.73	-0.1	0.66	0.37	0.85	0.07	-0.34	0.49	0.53	0.76	0.66	0.66		0.78	0.69	0.54	0.53	0.29
Total Liab	0.93	0.94	0.98	0.79	0.99	0.5	0.99	0.12	0.99	-0.5	0.73	0.09	0.96	0.15	-0.23	0.19	0.39	0.99	0.7	0.87	0.78		0.67	0.88	0.53	0.24
Total Current Assets	0.43	0.84	0.67	0.53	0.71	0.93	0.63	0.11	0.59	0.14	0.94	0.26	0.78	0.03	0.12	0.62	0.86	0.63	0.98	0.5	0.69	0.67		0.42	0.91	0.63
Short Term Debt	0.86	0.74	0.92	0.86	0.84	0.21	0.9	-0.26	0.92	-0.73	0.52	0.12	0.77	0.14	-0.15	-0.11	0.06	0.9	0.51	0.79	0.54	0.88	0.42		0.26	0.05
Common Stock	0.37	0.75	0.54	0.41	0.57	0.93	0.49	0.08	0.45	0.27	0.79	0.04	0.68	0.05	0.41	0.63	0.92	0.48	0.84	0.37	0.53	0.53	0.91	0.26		0.85
Intangible Assets	0.2	0.49	0.3	0.24	0.28	0.75	0.22	-0.02	0.19	0.31	0.41	-0.19	0.42	-0.06	0.7	0.47	0.79	0.21	0.53	0.1	0.29	0.24	0.63	0.05	0.85

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Zota Interest Income vs Reconciled Depreciation Analysis

Interest Income vs Reconciled Depreciation

Interest Income vs Reconciled Depreciation Correlation Analysis

Correlation Coefficient

Interest Income

Reconciled Depreciation

Zota Health fundamental ratios Correlations

Zota Health Account Relationship Matchups

High Positive Relationship

High Negative Relationship

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COMMON DESTINATIONS

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Net Debt	+ 1.0	Property Plant And Equipment Net
Non Current Liabilities Total	+ 1.0	Property Plant And Equipment Net
Non Current Liabilities Total	+ 1.0	Net Debt
Non Current Assets Total	+ 0.99	Total Assets
Total Liab	+ 0.99	Total Current Liabilities
Total Liab	+ 0.99	Property Plant And Equipment Net

Short Term Debt	- 0.73	Retained Earnings
Retained Earnings	- 0.61	Net Debt
Retained Earnings	- 0.6	Common Stock Shares Outstanding
Non Current Liabilities Total	- 0.58	Retained Earnings
Retained Earnings	- 0.57	Property Plant And Equipment Net
Other Current Assets	- 0.53	Retained Earnings