Zumiez Total Current Assets vs Property Plant And Equipment Gross Analysis

ZUMZ Stock  USD 22.07  0.87  3.79%   
Zumiez financial indicator trend analysis is more than just analyzing Zumiez Inc current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Zumiez Inc is a good investment. Please check the relationship between Zumiez Total Current Assets and its Property Plant And Equipment Gross accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Zumiez Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.

Total Current Assets vs Property Plant And Equipment Gross

Total Current Assets vs Property Plant And Equipment Gross Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Zumiez Inc Total Current Assets account and Property Plant And Equipment Gross. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Zumiez's Total Current Assets and Property Plant And Equipment Gross is 0.52. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Property Plant And Equipment Gross in the same time period over historical financial statements of Zumiez Inc, assuming nothing else is changed. The correlation between historical values of Zumiez's Total Current Assets and Property Plant And Equipment Gross is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Current Assets of Zumiez Inc are associated (or correlated) with its Property Plant And Equipment Gross. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant And Equipment Gross has no effect on the direction of Total Current Assets i.e., Zumiez's Total Current Assets and Property Plant And Equipment Gross go up and down completely randomly.

Correlation Coefficient

0.52
Relationship DirectionPositive 
Relationship StrengthWeak

Total Current Assets

The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.

Property Plant And Equipment Gross

Most indicators from Zumiez's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Zumiez Inc 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 Zumiez Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.
At this time, Zumiez's Enterprise Value Over EBITDA is fairly stable compared to the past year. Enterprise Value Multiple is likely to rise to 37.44 in 2024, whereas Selling General Administrative is likely to drop slightly above 190.9 M in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit456.7M324.7M280.9M231.2M
Total Revenue1.2B958.4M875.5M664.4M

Zumiez fundamental ratios Correlations

0.950.08-0.37-0.280.960.590.430.97-0.440.950.170.80.930.940.740.970.950.760.830.930.850.730.530.980.54
0.950.1-0.19-0.280.830.580.470.86-0.160.820.320.60.970.860.590.880.90.820.880.780.880.860.380.950.4
0.080.10.060.220.050.140.670.040.19-0.010.01-0.110.20.13-0.34-0.040.110.07-0.150.03-0.050.08-0.710.08-0.6
-0.37-0.190.060.56-0.49-0.66-0.12-0.510.5-0.51-0.13-0.44-0.07-0.42-0.51-0.47-0.21-0.51-0.44-0.48-0.540.14-0.42-0.3-0.34
-0.28-0.280.220.56-0.26-0.530.24-0.30.02-0.31-0.67-0.16-0.16-0.22-0.48-0.34-0.09-0.56-0.56-0.22-0.57-0.27-0.39-0.24-0.45
0.960.830.05-0.49-0.260.560.360.99-0.650.990.010.910.810.930.80.970.930.650.720.990.750.550.620.930.63
0.590.580.14-0.66-0.530.560.420.64-0.170.540.530.380.510.670.470.560.480.740.690.490.810.330.280.60.23
0.430.470.67-0.120.240.360.420.38-0.040.31-0.050.230.550.52-0.040.290.480.490.220.330.360.2-0.270.48-0.44
0.970.860.04-0.51-0.30.990.640.38-0.60.970.090.860.830.960.820.960.940.710.760.960.810.60.610.950.62
-0.44-0.160.190.50.02-0.65-0.17-0.04-0.6-0.640.51-0.85-0.2-0.53-0.73-0.52-0.5-0.08-0.06-0.71-0.150.16-0.7-0.42-0.64
0.950.82-0.01-0.51-0.310.990.540.310.97-0.640.030.910.790.90.810.990.90.660.740.990.760.540.650.910.66
0.170.320.01-0.13-0.670.010.53-0.050.090.510.03-0.190.240.14-0.020.120.020.480.52-0.070.50.48-0.030.160.04
0.80.6-0.11-0.44-0.160.910.380.230.86-0.850.91-0.190.620.810.80.850.810.420.460.940.50.270.760.770.7
0.930.970.2-0.07-0.160.810.510.550.83-0.20.790.240.620.870.550.820.930.720.760.760.770.850.330.950.33
0.940.860.13-0.42-0.220.930.670.520.96-0.530.90.140.810.870.710.880.950.690.70.90.780.620.520.960.49
0.740.59-0.34-0.51-0.480.80.47-0.040.82-0.730.81-0.020.80.550.710.780.70.550.60.80.650.390.840.720.88
0.970.88-0.04-0.47-0.340.970.560.290.96-0.520.990.120.850.820.880.780.890.720.830.960.820.620.630.920.64
0.950.90.11-0.21-0.090.930.480.480.94-0.50.90.020.810.930.950.70.890.610.670.90.70.710.510.980.5
0.760.820.07-0.51-0.560.650.740.490.71-0.080.660.480.420.720.690.550.720.610.870.580.950.590.330.750.27
0.830.88-0.15-0.44-0.560.720.690.220.76-0.060.740.520.460.760.70.60.830.670.870.650.960.740.480.80.48
0.930.780.03-0.48-0.220.990.490.330.96-0.710.99-0.070.940.760.90.80.960.90.580.650.680.480.640.890.64
0.850.88-0.05-0.54-0.570.750.810.360.81-0.150.760.50.50.770.780.650.820.70.950.960.680.680.460.830.44
0.730.860.080.14-0.270.550.330.20.60.160.540.480.270.850.620.390.620.710.590.740.480.680.180.760.33
0.530.38-0.71-0.42-0.390.620.28-0.270.61-0.70.65-0.030.760.330.520.840.630.510.330.480.640.460.180.520.91
0.980.950.08-0.3-0.240.930.60.480.95-0.420.910.160.770.950.960.720.920.980.750.80.890.830.760.520.51
0.540.4-0.6-0.34-0.450.630.23-0.440.62-0.640.660.040.70.330.490.880.640.50.270.480.640.440.330.910.51
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Zumiez Account Relationship Matchups

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