Zota Research Development vs Net Interest Income 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 Research Development and its Net Interest Income 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.
Research Development vs Net Interest Income
Research Development vs Net Interest Income Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Zota Health Care Research Development account and Net Interest Income. At this time, the significance of the direction appears to have strong relationship.
The correlation between Zota Health's Research Development and Net Interest Income is 0.6. Overlapping area represents the amount of variation of Research Development that can explain the historical movement of Net Interest Income 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 Research Development and Net Interest Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Research Development of Zota Health Care are associated (or correlated) with its Net Interest Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Interest Income has no effect on the direction of Research Development i.e., Zota Health's Research Development and Net Interest Income go up and down completely randomly.
Correlation Coefficient | 0.6 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Research Development
Net Interest Income
The difference between the revenue generated from a bank's interest-bearing assets and the expenses associated with paying its interest-bearing liabilities.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 |
Zota Health fundamental ratios Correlations
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Zota Health Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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