Zions Operating Income vs Ebit Analysis
ZION Stock | USD 44.96 0.22 0.49% |
Zions Bancorporation financial indicator trend analysis is more than just analyzing Zions Bancorporation current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Zions Bancorporation is a good investment. Please check the relationship between Zions Bancorporation Operating Income and its Ebit accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Zions Bancorporation. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in persons. To learn how to invest in Zions Stock, please use our How to Invest in Zions Bancorporation guide.
Operating Income vs Ebit
Operating Income vs Ebit Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Zions Bancorporation Operating Income account and Ebit. At this time, the significance of the direction appears to have totally related.
The correlation between Zions Bancorporation's Operating Income and Ebit is 1.0. Overlapping area represents the amount of variation of Operating Income that can explain the historical movement of Ebit in the same time period over historical financial statements of Zions Bancorporation, assuming nothing else is changed. The correlation between historical values of Zions Bancorporation's Operating Income and Ebit is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Operating Income of Zions Bancorporation are associated (or correlated) with its Ebit. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ebit has no effect on the direction of Operating Income i.e., Zions Bancorporation's Operating Income and Ebit go up and down completely randomly.
Correlation Coefficient | 1.0 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Operating Income
Operating Income is the amount of profit realized from Zions Bancorporation operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Zions Bancorporation is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.Ebit
Most indicators from Zions Bancorporation's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Zions Bancorporation 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 Zions Bancorporation. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in persons. To learn how to invest in Zions Stock, please use our How to Invest in Zions Bancorporation guide.At this time, Zions Bancorporation's Tax Provision is very stable compared to the past year. As of the 21st of May 2024, Sales General And Administrative To Revenue is likely to grow to 0.42, while Selling General Administrative is likely to drop about 677.4 M.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 2.9B | 3.3B | 2.7B | 1.7B | Total Revenue | 2.9B | 3.3B | 4.6B | 4.9B |
Zions Bancorporation fundamental ratios Correlations
Click cells to compare fundamentals
Zions Bancorporation Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Zions Bancorporation fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 69.2B | 81.5B | 93.2B | 89.5B | 87.2B | 91.6B | |
Short Long Term Debt Total | 1.7B | 1.3B | 1.0B | 7.8B | 4.7B | 5.0B | |
Other Current Liab | (1B) | 69.7B | 82.8B | (5.8B) | 9.8B | 9.3B | |
Total Current Liabilities | 1B | 1.9B | 802M | 1.3B | 13.8B | 14.5B | |
Total Stockholder Equity | 7.4B | 7.9B | 7.5B | 4.9B | 5.5B | 3.8B | |
Property Plant And Equipment Net | 1.1B | 1.2B | 1.3B | 1.4B | 1.6B | 1.7B | |
Net Debt | 275M | (281M) | (9.9B) | 5.8B | 2.5B | 2.7B | |
Retained Earnings | 4.0B | 4.3B | 5.2B | 5.8B | 6.2B | 6.5B | |
Non Currrent Assets Other | (310M) | (360M) | (28.0B) | (24.7B) | 2.8B | 3.3B | |
Other Assets | 36.1B | 44.1B | 29.9B | 80.9B | 80.3B | 84.3B | |
Common Stock Shares Outstanding | 186.5M | 165.6M | 160.2M | 150.3M | 147.8M | 120.4M | |
Liabilities And Stockholders Equity | 69.2B | 81.5B | 93.2B | 89.5B | 86.8B | 91.2B | |
Non Current Liabilities Total | 1.7B | 1.3B | 1.0B | 82.5B | 67.3B | 70.7B | |
Total Liab | 61.8B | 1.3B | 1.0B | 84.7B | 81.1B | 85.2B | |
Property Plant And Equipment Gross | 1.1B | 1.2B | 2.3B | 2.4B | 2.5B | 2.6B | |
Common Stock | 2.7B | 2.7B | 1.9B | 1.8B | 1.7B | 2.4B | |
Non Current Assets Total | 17.6B | 19.7B | 28.0B | 2.4B | 83.6B | 87.8B | |
Cash | 1.4B | 1.6B | 10.9B | 2.0B | 2.2B | 2.9B | |
Cash And Short Term Investments | 15.2B | 17.3B | 34.9B | 13.9B | 662M | 628.9M | |
Total Current Assets | 15.5B | 17.7B | 35.3B | 6.2B | 3.6B | 3.4B | |
Short Term Debt | 1B | 1.9B | 802M | 7.1B | 4.0B | 4.2B | |
Accumulated Other Comprehensive Income | 43M | 325M | (80M) | (3.1B) | (2.8B) | (2.7B) | |
Other Current Assets | 2.1B | 7.9B | 13.6B | (8.1B) | 3.6B | 3.4B | |
Other Liab | 693M | 1.0B | 1.0B | 1.3B | 1.5B | 1.5B | |
Accounts Payable | 57.1B | 69.7B | 82.8B | 71.7B | 82.4B | 47.9B | |
Long Term Debt | 1.7B | 1.3B | 1.0B | 651M | 538M | 511.1M | |
Short Term Investments | 13.7B | 15.7B | 24.0B | 11.9B | 10.3B | 7.5B | |
Inventory | (2.1B) | (7.9B) | (13.6B) | 3M | (1.0B) | (1.1B) | |
Property Plant Equipment | 1.1B | 1.2B | 1.3B | 1.6B | 1.8B | 1.9B | |
Net Receivables | 327M | 334M | 320M | 386M | 383M | 316.4M | |
Net Tangible Assets | 5.8B | 6.3B | 6.0B | 3.4B | 3.9B | 5.7B | |
Retained Earnings Total Equity | 4.0B | 4.3B | 5.2B | 5.8B | 6.7B | 7.0B | |
Long Term Debt Total | 1.7B | 1.3B | 1.0B | 651M | 585.9M | 988.5M | |
Long Term Investments | 50.0B | 17.5B | 25.7B | 24.6B | 21.0B | 29.0B |
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Try AI Portfolio ArchitectCheck out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Zions Bancorporation. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in persons. To learn how to invest in Zions Stock, please use our How to Invest in Zions Bancorporation guide.You can also try the Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.
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Is Zions Bancorporation'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 Zions Bancorporation. If investors know Zions 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 Zions Bancorporation 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 (0.28) | Dividend Share 1.64 | Earnings Share 3.98 | Revenue Per Share 19.772 | Quarterly Revenue Growth (0.08) |
The market value of Zions Bancorporation is measured differently than its book value, which is the value of Zions that is recorded on the company's balance sheet. Investors also form their own opinion of Zions Bancorporation's value that differs from its market value or its book value, called intrinsic value, which is Zions Bancorporation'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 Zions Bancorporation's market value can be influenced by many factors that don't directly affect Zions Bancorporation'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 Zions Bancorporation's value and its price as these two are different measures arrived at by different means. Investors typically determine if Zions Bancorporation is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Zions Bancorporation'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.