Ziprecruiter Net Tangible Assets vs Good Will Analysis

ZIP Stock  USD 9.88  0.04  0.40%   
Ziprecruiter financial indicator trend analysis is more than just analyzing Ziprecruiter current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Ziprecruiter is a good investment. Please check the relationship between Ziprecruiter Net Tangible Assets and its Good Will accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Ziprecruiter. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product.
To learn how to invest in Ziprecruiter Stock, please use our How to Invest in Ziprecruiter guide.

Net Tangible Assets vs Good Will

Net Tangible Assets vs Good Will Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Ziprecruiter Net Tangible Assets account and Good Will. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Ziprecruiter's Net Tangible Assets and Good Will is -0.33. Overlapping area represents the amount of variation of Net Tangible Assets that can explain the historical movement of Good Will in the same time period over historical financial statements of Ziprecruiter, assuming nothing else is changed. The correlation between historical values of Ziprecruiter's Net Tangible Assets and Good Will is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Tangible Assets of Ziprecruiter are associated (or correlated) with its Good Will. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Good Will has no effect on the direction of Net Tangible Assets i.e., Ziprecruiter's Net Tangible Assets and Good Will go up and down completely randomly.

Correlation Coefficient

-0.33
Relationship DirectionNegative 
Relationship StrengthInsignificant

Net Tangible Assets

The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.

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.
Most indicators from Ziprecruiter's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Ziprecruiter 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 Ziprecruiter. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product.
To learn how to invest in Ziprecruiter Stock, please use our How to Invest in Ziprecruiter guide.As of 06/04/2024, Tax Provision is likely to grow to about 23.2 M, while Selling General Administrative is likely to drop slightly above 94.9 M.
 2021 2022 2023 2024 (projected)
Depreciation And Amortization9.5M16.0M11.6M12.5M
Interest Income916K28.5M19.9M11.2M

Ziprecruiter fundamental ratios Correlations

0.90.790.720.70.640.72-0.91-0.260.690.950.740.940.93-0.230.940.91.00.73-0.520.580.880.820.22-0.920.53
0.90.580.50.410.520.44-0.96-0.530.910.880.50.760.79-0.490.751.00.910.56-0.750.571.00.9-0.12-0.960.19
0.790.580.990.910.460.9-0.540.280.270.750.960.840.770.130.810.580.770.97-0.320.830.560.350.67-0.560.72
0.720.50.990.90.410.89-0.440.370.190.680.960.780.70.190.750.50.690.97-0.270.850.470.250.71-0.470.73
0.70.410.910.90.61.0-0.460.230.010.720.940.870.820.030.860.410.670.79-0.280.630.40.170.83-0.480.75
0.640.520.460.410.60.62-0.56-0.430.260.820.650.730.77-0.230.790.520.630.3-0.40.390.520.430.18-0.530.66
0.720.440.90.891.00.62-0.50.170.050.750.930.890.85-0.030.880.440.690.78-0.330.630.440.210.81-0.520.72
-0.91-0.96-0.54-0.44-0.46-0.56-0.50.59-0.83-0.89-0.47-0.83-0.860.59-0.81-0.97-0.91-0.470.75-0.41-0.97-0.890.041.0-0.16
-0.26-0.530.280.370.23-0.430.170.59-0.6-0.40.23-0.2-0.320.84-0.21-0.54-0.280.380.660.17-0.57-0.570.60.550.36
0.690.910.270.190.010.260.05-0.83-0.60.640.160.450.48-0.450.430.910.720.32-0.630.370.90.92-0.48-0.82-0.07
0.950.880.750.680.720.820.75-0.89-0.40.640.780.940.96-0.360.950.880.940.65-0.650.640.880.740.21-0.890.55
0.740.50.960.960.940.650.93-0.470.230.160.780.840.780.150.840.50.720.89-0.290.820.480.270.68-0.490.84
0.940.760.840.780.870.730.89-0.83-0.20.450.940.840.99-0.280.990.770.920.72-0.540.570.770.610.48-0.840.6
0.930.790.770.70.820.770.85-0.86-0.320.480.960.780.99-0.380.980.790.910.64-0.60.530.80.640.41-0.870.53
-0.23-0.490.130.190.03-0.23-0.030.590.84-0.45-0.360.15-0.28-0.38-0.23-0.49-0.230.240.840.07-0.55-0.360.250.570.51
0.940.750.810.750.860.790.88-0.81-0.210.430.950.840.990.98-0.230.750.920.69-0.480.550.740.620.45-0.810.66
0.91.00.580.50.410.520.44-0.97-0.540.910.880.50.770.79-0.490.750.910.56-0.750.571.00.9-0.12-0.960.19
1.00.910.770.690.670.630.69-0.91-0.280.720.940.720.920.91-0.230.920.910.72-0.510.560.890.850.18-0.920.51
0.730.560.970.970.790.30.78-0.470.380.320.650.890.720.640.240.690.560.72-0.240.860.520.350.57-0.50.67
-0.52-0.75-0.32-0.27-0.28-0.4-0.330.750.66-0.63-0.65-0.29-0.54-0.60.84-0.48-0.75-0.51-0.24-0.48-0.79-0.480.070.730.18
0.580.570.830.850.630.390.63-0.410.170.370.640.820.570.530.070.550.570.560.86-0.480.550.250.37-0.420.53
0.881.00.560.470.40.520.44-0.97-0.570.90.880.480.770.8-0.550.741.00.890.52-0.790.550.89-0.12-0.970.15
0.820.90.350.250.170.430.21-0.89-0.570.920.740.270.610.64-0.360.620.90.850.35-0.480.250.89-0.34-0.890.14
0.22-0.120.670.710.830.180.810.040.6-0.480.210.680.480.410.250.45-0.120.180.570.070.37-0.12-0.340.010.56
-0.92-0.96-0.56-0.47-0.48-0.53-0.521.00.55-0.82-0.89-0.49-0.84-0.870.57-0.81-0.96-0.92-0.50.73-0.42-0.97-0.890.01-0.17
0.530.190.720.730.750.660.72-0.160.36-0.070.550.840.60.530.510.660.190.510.670.180.530.150.140.56-0.17
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Ziprecruiter Account Relationship Matchups

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Additional Tools for Ziprecruiter Stock Analysis

When running Ziprecruiter's price analysis, check to measure Ziprecruiter's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Ziprecruiter is operating at the current time. Most of Ziprecruiter's value examination focuses on studying past and present price action to predict the probability of Ziprecruiter's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ziprecruiter's price. Additionally, you may evaluate how the addition of Ziprecruiter to your portfolios can decrease your overall portfolio volatility.