Zions Total Operating Expenses 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 Total Operating Expenses 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.

Total Operating Expenses vs Ebit

Total Operating Expenses vs Ebit Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Zions Bancorporation Total Operating Expenses account and Ebit. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Zions Bancorporation's Total Operating Expenses and Ebit is -0.35. Overlapping area represents the amount of variation of Total Operating Expenses 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 Total Operating Expenses 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 Total Operating Expenses 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 Total Operating Expenses i.e., Zions Bancorporation's Total Operating Expenses and Ebit go up and down completely randomly.

Correlation Coefficient

-0.35
Relationship DirectionNegative 
Relationship StrengthInsignificant

Total Operating Expenses

The total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses.

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 17th 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 Profit2.9B3.3B2.7B1.7B
Total Revenue2.9B3.3B4.6B4.9B

Zions Bancorporation fundamental ratios Correlations

0.510.120.410.480.960.20.88-0.420.490.270.340.530.190.390.880.030.560.040.36-0.140.58-0.460.810.88-0.22
0.51-0.620.46-0.310.550.580.64-0.240.38-0.14-0.260.940.00.620.7-0.370.4-0.13-0.34-0.570.69-0.650.730.38-0.1
0.12-0.62-0.390.67-0.05-0.72-0.230.17-0.020.350.54-0.640.0-0.51-0.190.54-0.240.50.70.73-0.380.6-0.250.20.16
0.410.46-0.39-0.320.60.560.66-0.270.4-0.16-0.340.690.30.470.63-0.370.94-0.39-0.56-0.560.55-0.460.710.23-0.49
0.48-0.310.67-0.320.34-0.420.070.150.250.570.93-0.380.160.060.040.73-0.130.30.660.67-0.10.36-0.040.510.18
0.960.55-0.050.60.340.390.94-0.480.540.220.230.640.30.510.91-0.060.71-0.170.15-0.290.68-0.550.870.81-0.39
0.20.58-0.720.56-0.420.390.52-0.540.37-0.24-0.370.690.080.470.39-0.50.37-0.88-0.52-0.730.77-0.710.50.1-0.52
0.880.64-0.230.660.070.940.52-0.650.380.0-0.080.740.180.390.95-0.390.72-0.270.07-0.560.74-0.770.90.77-0.45
-0.42-0.240.17-0.270.15-0.48-0.54-0.65-0.120.240.31-0.360.110.07-0.580.63-0.250.52-0.290.56-0.610.72-0.48-0.480.6
0.490.38-0.020.40.250.540.370.38-0.120.250.390.430.180.670.410.290.37-0.24-0.080.10.58-0.030.420.31-0.25
0.27-0.140.35-0.160.570.22-0.240.00.240.250.67-0.130.480.280.020.65-0.040.190.270.52-0.070.360.010.27-0.07
0.34-0.260.54-0.340.930.23-0.37-0.080.310.390.67-0.350.230.28-0.080.88-0.210.270.510.78-0.070.52-0.150.310.19
0.530.94-0.640.69-0.380.640.690.74-0.360.43-0.13-0.350.20.640.79-0.440.62-0.29-0.44-0.670.76-0.70.830.39-0.4
0.190.00.00.30.160.30.080.180.110.180.480.230.20.410.20.320.36-0.09-0.20.10.070.110.290.09-0.56
0.390.62-0.510.470.060.510.470.390.070.670.280.280.640.410.420.240.41-0.23-0.41-0.070.57-0.140.440.16-0.21
0.880.7-0.190.630.040.910.390.95-0.580.410.02-0.080.790.20.42-0.340.71-0.070.1-0.470.69-0.680.920.77-0.43
0.03-0.370.54-0.370.73-0.06-0.5-0.390.630.290.650.88-0.440.320.24-0.34-0.270.370.250.88-0.310.77-0.32-0.090.26
0.560.4-0.240.94-0.130.710.370.72-0.250.37-0.04-0.210.620.360.410.71-0.27-0.2-0.37-0.470.4-0.440.780.39-0.4
0.04-0.130.5-0.390.3-0.17-0.88-0.270.52-0.240.190.27-0.29-0.09-0.23-0.070.37-0.20.410.55-0.550.48-0.180.070.56
0.36-0.340.7-0.560.660.15-0.520.07-0.29-0.080.270.51-0.44-0.2-0.410.10.25-0.370.410.47-0.130.14-0.130.480.11
-0.14-0.570.73-0.560.67-0.29-0.73-0.560.560.10.520.78-0.670.1-0.07-0.470.88-0.470.550.47-0.440.91-0.55-0.130.34
0.580.69-0.380.55-0.10.680.770.74-0.610.58-0.07-0.070.760.070.570.69-0.310.4-0.55-0.13-0.44-0.580.630.45-0.56
-0.46-0.650.6-0.460.36-0.55-0.71-0.770.72-0.030.360.52-0.70.11-0.14-0.680.77-0.440.480.140.91-0.58-0.68-0.450.34
0.810.73-0.250.71-0.040.870.50.9-0.480.420.01-0.150.830.290.440.92-0.320.78-0.18-0.13-0.550.63-0.680.68-0.39
0.880.380.20.230.510.810.10.77-0.480.310.270.310.390.090.160.77-0.090.390.070.48-0.130.45-0.450.68-0.19
-0.22-0.10.16-0.490.18-0.39-0.52-0.450.6-0.25-0.070.19-0.4-0.56-0.21-0.430.26-0.40.560.110.34-0.560.34-0.39-0.19
Click cells to compare fundamentals

Zions Bancorporation Account Relationship Matchups

Zions Bancorporation fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets69.2B81.5B93.2B89.5B87.2B91.6B
Short Long Term Debt Total1.7B1.3B1.0B7.8B4.7B5.0B
Other Current Liab(1B)69.7B82.8B(5.8B)9.8B9.3B
Total Current Liabilities1B1.9B802M1.3B13.8B14.5B
Total Stockholder Equity7.4B7.9B7.5B4.9B5.5B3.8B
Property Plant And Equipment Net1.1B1.2B1.3B1.4B1.6B1.7B
Net Debt275M(281M)(9.9B)5.8B2.5B2.7B
Retained Earnings4.0B4.3B5.2B5.8B6.2B6.5B
Non Currrent Assets Other(310M)(360M)(28.0B)(24.7B)2.8B3.3B
Other Assets36.1B44.1B29.9B80.9B80.3B84.3B
Common Stock Shares Outstanding186.5M165.6M160.2M150.3M147.8M120.4M
Liabilities And Stockholders Equity69.2B81.5B93.2B89.5B86.8B91.2B
Non Current Liabilities Total1.7B1.3B1.0B82.5B67.3B70.7B
Total Liab61.8B1.3B1.0B84.7B81.1B85.2B
Property Plant And Equipment Gross1.1B1.2B2.3B2.4B2.5B2.6B
Common Stock2.7B2.7B1.9B1.8B1.7B2.4B
Non Current Assets Total17.6B19.7B28.0B2.4B83.6B87.8B
Cash1.4B1.6B10.9B2.0B2.2B2.9B
Cash And Short Term Investments15.2B17.3B34.9B13.9B662M628.9M
Total Current Assets15.5B17.7B35.3B6.2B3.6B3.4B
Short Term Debt1B1.9B802M7.1B4.0B4.2B
Accumulated Other Comprehensive Income43M325M(80M)(3.1B)(2.8B)(2.7B)
Other Current Assets2.1B7.9B13.6B(8.1B)3.6B3.4B
Other Liab693M1.0B1.0B1.3B1.5B1.5B
Accounts Payable57.1B69.7B82.8B71.7B82.4B47.9B
Long Term Debt1.7B1.3B1.0B651M538M511.1M
Short Term Investments13.7B15.7B24.0B11.9B10.3B7.5B
Inventory(2.1B)(7.9B)(13.6B)3M(1.0B)(1.1B)
Property Plant Equipment1.1B1.2B1.3B1.6B1.8B1.9B
Net Receivables327M334M320M386M383M316.4M
Net Tangible Assets5.8B6.3B6.0B3.4B3.9B5.7B
Retained Earnings Total Equity4.0B4.3B5.2B5.8B6.7B7.0B
Long Term Debt Total1.7B1.3B1.0B651M585.9M988.5M
Long Term Investments50.0B17.5B25.7B24.6B21.0B29.0B

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When determining whether Zions Bancorporation offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Zions Bancorporation's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Zions Bancorporation Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Zions Bancorporation Stock:
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.
You can also try the Equity Analysis module to research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities.

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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.