Zillow Good Will vs Other Current Assets Analysis

ZG Stock  USD 43.13  0.72  1.70%   
Zillow financial indicator trend analysis is more than just analyzing Zillow Group current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Zillow Group is a good investment. Please check the relationship between Zillow Good Will and its Other Current Assets accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Zillow Group. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in price.

Good Will vs Other Current Assets

Good Will vs Other Current Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Zillow Group Good Will account and Other Current Assets. At this time, the significance of the direction appears to have strong relationship.
The correlation between Zillow's Good Will and Other Current Assets is 0.76. Overlapping area represents the amount of variation of Good Will that can explain the historical movement of Other Current Assets in the same time period over historical financial statements of Zillow Group, assuming nothing else is changed. The correlation between historical values of Zillow's Good Will 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 Good Will of Zillow Group 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 Good Will i.e., Zillow's Good Will and Other Current Assets go up and down completely randomly.

Correlation Coefficient

0.76
Relationship DirectionPositive 
Relationship StrengthSignificant

Good Will

An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.

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 Zillow's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Zillow Group 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 Zillow Group. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in price.
At this time, Zillow's Issuance Of Capital Stock is most likely to decrease significantly in the upcoming years. The Zillow's current Enterprise Value Over EBITDA is estimated to increase to 115.46, while Sales General And Administrative To Revenue is projected to decrease to 0.23.
 2021 2022 2023 2024 (projected)
Gross Profit1.8B1.6B1.5B1.6B
Total Revenue8.1B2.0B1.9B1.4B

Zillow fundamental ratios Correlations

0.970.910.820.960.860.890.810.920.870.970.740.920.960.770.91-0.920.760.930.90.690.880.910.930.260.9
0.970.910.670.90.940.80.810.920.90.990.780.810.890.620.94-0.930.790.870.970.740.860.910.810.390.97
0.910.910.640.890.830.690.780.960.780.940.90.780.80.540.85-0.950.870.760.880.820.90.90.780.120.88
0.820.670.640.830.50.910.670.670.620.660.380.920.880.930.67-0.630.390.850.530.390.730.630.960.050.53
0.960.90.890.830.720.860.740.930.760.910.720.940.940.830.83-0.920.80.90.780.660.840.920.940.020.78
0.860.940.830.50.720.660.70.770.860.930.780.610.760.440.87-0.860.70.760.990.620.740.820.640.620.99
0.890.80.690.910.860.660.850.750.80.780.460.930.940.860.84-0.710.470.940.70.530.780.710.940.160.7
0.810.810.780.670.740.70.850.820.780.780.620.770.770.510.84-0.70.520.750.760.80.860.630.750.120.76
0.920.920.960.670.930.770.750.820.790.930.810.850.830.580.86-0.920.850.780.840.870.920.880.820.030.84
0.870.90.780.620.760.860.80.780.790.880.580.770.870.550.97-0.790.60.860.880.730.850.740.760.470.88
0.970.990.940.660.910.930.780.780.930.880.820.810.890.620.93-0.960.840.870.970.740.850.940.810.330.97
0.740.780.90.380.720.780.460.620.810.580.820.510.570.330.69-0.860.90.560.820.660.660.820.530.130.82
0.920.810.780.920.940.610.930.770.850.770.810.510.960.880.83-0.780.60.920.660.640.860.770.990.010.66
0.960.890.80.880.940.760.940.770.830.870.890.570.960.870.91-0.850.640.990.790.60.840.840.970.220.79
0.770.620.540.930.830.440.860.510.580.550.620.330.880.870.61-0.610.430.870.470.220.550.660.920.010.47
0.910.940.850.670.830.870.840.840.860.970.930.690.830.910.61-0.860.690.90.90.780.880.80.820.370.9
-0.92-0.93-0.95-0.63-0.92-0.86-0.71-0.7-0.92-0.79-0.96-0.86-0.78-0.85-0.61-0.86-0.91-0.84-0.9-0.7-0.81-0.98-0.79-0.16-0.9
0.760.790.870.390.80.70.470.520.850.60.840.90.60.640.430.69-0.910.620.770.650.630.910.58-0.010.77
0.930.870.760.850.90.760.940.750.780.860.870.560.920.990.870.9-0.840.620.790.540.770.840.940.240.79
0.90.970.880.530.780.990.70.760.840.880.970.820.660.790.470.9-0.90.770.790.690.780.860.680.51.0
0.690.740.820.390.660.620.530.80.870.730.740.660.640.60.220.78-0.70.650.540.690.890.610.570.030.69
0.880.860.90.730.840.740.780.860.920.850.850.660.860.840.550.88-0.810.630.770.780.890.740.840.150.78
0.910.910.90.630.920.820.710.630.880.740.940.820.770.840.660.8-0.980.910.840.860.610.740.780.150.86
0.930.810.780.960.940.640.940.750.820.760.810.530.990.970.920.82-0.790.580.940.680.570.840.780.080.68
0.260.390.120.050.020.620.160.120.030.470.330.130.010.220.010.37-0.16-0.010.240.50.030.150.150.080.5
0.90.970.880.530.780.990.70.760.840.880.970.820.660.790.470.9-0.90.770.791.00.690.780.860.680.5
Click cells to compare fundamentals

Zillow Account Relationship Matchups

Zillow fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets6.1B7.5B10.7B6.6B6.7B7.0B
Total Stockholder Equity3.4B4.7B5.3B4.5B4.5B4.8B
Property Plant And Equipment Net382.6M384.1M344.5M397M401M421.1M
Net Debt1.4B816.6M2.4B401M340M308.3M
Cash1.1B1.7B2.6B1.5B1.5B1.6B
Non Current Assets Total2.6B2.5B3.0B3.0B3.5B3.7B
Non Currrent Assets Other63.7M57.9M117.1M35M44M25.0M
Other Assets53.7M57.9M42.0M30M34.5M26.4M
Cash And Short Term Investments2.4B3.9B3.1B3.4B2.8B3.0B
Common Stock Shares Outstanding206.4M223.8M249.9M242.2M233.6M153.1M
Liabilities And Stockholders Equity6.1B7.5B10.7B6.6B6.7B7.0B
Other Stockholder Equity4.4B5.9B7.0B6.1B6.3B6.6B
Property Plant And Equipment Gross382.6M384.1M214.6M271M612M642.6M
Total Current Assets3.5B5.0B7.7B3.6B3.1B1.7B
Accumulated Other Comprehensive Income340K164K7.2M(15M)(5M)(4.8M)
Other Current Liab123.2M142.2M269.9M138M154M86.4M
Total Current Liabilities920.5M908.6M3.9B270M971M561.9M
Current Deferred Revenue39.7M49.0M51.5M44M52M29.8M
Retained Earnings(977.1M)(1.1B)(1.7B)(1.6B)(1.8B)(1.7B)
Accounts Payable8.3M19.0M17.2M20M28M29.4M
Net Receivables67.0M69.9M154.9M72M96M51.8M
Short Term Investments1.3B2.2B513.9M1.9B1.3B698.3M
Non Current Liabilities Total1.8B1.8B1.5B1.8B1.2B744.9M
Other Current Assets58.1M75.8M153.6M126M140M147M
Total Liab2.7B2.7B5.4B2.1B2.1B1.3B
Intangible Assets190.6M94.8M180.1M154M241M187.9M
Other Liab12.2M14.9M4.5M12M10.8M10.3M
Net Tangible Assets1.3B2.7B5.3B4.5B5.2B5.4B
Deferred Long Term Liab12.2M14.9M35.5M23M20.7M19.7M
Property Plant Equipment170.5M196.2M214.6M271M311.7M162.5M
Short Long Term Debt Total2.5B2.5B5.0B1.9B1.8B1.9B
Long Term Debt1.5B1.6B1.3B1.7B1B1.1B
Retained Earnings Total Equity(977.1M)(1.1B)(1.7B)(1.6B)(1.5B)(1.5B)
Long Term Debt Total1.5B1.6B1.3B1.7B1.9B1.1B
Capital Surpluse4.4B5.9B7.0B6.1B7.0B5.0B
Inventory836.6M491.3M3.9B43M103M97.9M

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When determining whether Zillow Group is a strong investment it is important to analyze Zillow's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Zillow's future performance. For an informed investment choice regarding Zillow Stock, refer to the following important reports:
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Zillow Group. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in price.
Note that the Zillow Group information on this page should be used as a complementary analysis to other Zillow's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Headlines Timeline module to stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity.

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Is Zillow's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Zillow. If investors know Zillow will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Zillow listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.25)
Earnings Share
(0.68)
Revenue Per Share
8.327
Quarterly Revenue Growth
0.09
Return On Assets
(0.02)
The market value of Zillow Group is measured differently than its book value, which is the value of Zillow that is recorded on the company's balance sheet. Investors also form their own opinion of Zillow's value that differs from its market value or its book value, called intrinsic value, which is Zillow's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Zillow's market value can be influenced by many factors that don't directly affect Zillow's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Zillow's value and its price as these two are different measures arrived at by different means. Investors typically determine if Zillow is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Zillow's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.