Ziprecruiter Total Stockholder Equity vs Accounts Payable Analysis
| ZIP Stock | USD 9.92 0.19 1.88% |
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 Total Stockholder Equity and its Accounts Payable 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.
Total Stockholder Equity vs Accounts Payable
Total Stockholder Equity vs Accounts Payable Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Ziprecruiter Total Stockholder Equity account and Accounts Payable. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Ziprecruiter's Total Stockholder Equity and Accounts Payable is 0.94. Overlapping area represents the amount of variation of Total Stockholder Equity that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of Ziprecruiter, assuming nothing else is changed. The correlation between historical values of Ziprecruiter's Total Stockholder Equity and Accounts Payable 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 Stockholder Equity of Ziprecruiter are associated (or correlated) with its Accounts Payable. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accounts Payable has no effect on the direction of Total Stockholder Equity i.e., Ziprecruiter's Total Stockholder Equity and Accounts Payable go up and down completely randomly.
Correlation Coefficient | 0.94 |
| Relationship Direction | Positive |
| Relationship Strength | Very Strong |
Total Stockholder Equity
The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.Accounts Payable
An accounting item on the balance sheet that represents Ziprecruiter obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Ziprecruiter are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.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 Amortization | 9.5M | 16.0M | 11.6M | 12.5M | Interest Income | 916K | 28.5M | 19.9M | 11.2M |
Ziprecruiter fundamental ratios Correlations
Click cells to compare fundamentals
Ziprecruiter Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Building efficient market-beating portfolios requires time, education, and a lot of computing power!
The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.
Try AI Portfolio ArchitectAdditional 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.