Zscaler Other Stockholder Equity vs Other Current Assets Analysis

ZS Stock  USD 180.79  5.99  3.21%   
Zscaler financial indicator trend analysis is more than just analyzing Zscaler current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Zscaler is a good investment. Please check the relationship between Zscaler Other Stockholder Equity and its Other Current Assets accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Zscaler. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.
For more information on how to buy Zscaler Stock please use our How to Invest in Zscaler guide.

Other Stockholder Equity vs Other Current Assets

Other Stockholder Equity vs Other Current Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Zscaler Other Stockholder Equity account and Other Current Assets. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Zscaler's Other Stockholder Equity and Other Current Assets is 0.96. Overlapping area represents the amount of variation of Other Stockholder Equity that can explain the historical movement of Other Current Assets in the same time period over historical financial statements of Zscaler, assuming nothing else is changed. The correlation between historical values of Zscaler's Other Stockholder Equity 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 Other Stockholder Equity of Zscaler 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 Other Stockholder Equity i.e., Zscaler's Other Stockholder Equity and Other Current Assets go up and down completely randomly.

Correlation Coefficient

0.96
Relationship DirectionPositive 
Relationship StrengthVery Strong

Other Stockholder Equity

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 Zscaler's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Zscaler 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 Zscaler. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.
For more information on how to buy Zscaler Stock please use our How to Invest in Zscaler guide.At this time, Zscaler's Tax Provision is comparatively stable compared to the past year. Selling General Administrative is likely to gain to about 222.7 M in 2024, despite the fact that Enterprise Value Over EBITDA is likely to grow to (624.27).
 2021 2022 2023 2024 (projected)
Interest Income4.6M60.5M109.1M114.6M
Tax Provision6.6M19.8M28.5M29.9M

Zscaler fundamental ratios Correlations

0.960.960.980.980.930.990.08-0.970.940.950.970.980.390.990.990.790.980.970.991.00.990.990.750.990.99
0.960.940.930.960.830.97-0.06-0.940.890.960.950.960.320.930.970.780.910.950.960.960.950.940.60.970.97
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0.980.930.980.960.930.980.03-0.920.890.920.980.980.230.950.970.720.940.960.970.960.960.960.740.960.97
0.980.960.970.960.890.99-0.11-0.970.920.980.970.980.360.951.00.740.950.990.980.980.990.960.690.991.0
0.930.830.840.930.890.890.23-0.90.890.830.850.880.490.950.890.740.970.880.930.930.920.950.930.910.89
0.990.970.990.980.990.89-0.05-0.950.920.970.991.00.280.961.00.750.940.980.980.980.980.970.680.991.0
0.08-0.06-0.150.03-0.110.23-0.05-0.01-0.01-0.2-0.1-0.090.380.2-0.070.30.14-0.070.060.090.010.140.360.02-0.08
-0.97-0.94-0.9-0.92-0.97-0.9-0.95-0.01-0.98-0.97-0.91-0.94-0.53-0.97-0.97-0.8-0.98-0.94-0.97-0.98-0.99-0.98-0.76-0.98-0.97
0.940.890.870.890.920.890.92-0.01-0.980.930.890.910.520.930.930.760.970.870.950.940.960.940.770.940.93
0.950.960.940.920.980.830.97-0.2-0.970.930.940.960.370.910.980.710.920.960.950.950.970.940.630.970.98
0.970.951.00.980.970.850.99-0.1-0.910.890.941.00.160.920.980.70.910.960.960.950.950.940.630.960.98
0.980.960.990.980.980.881.0-0.09-0.940.910.961.00.230.940.990.720.930.970.970.970.970.950.660.970.99
0.390.320.130.230.360.490.280.38-0.530.520.370.160.230.480.340.540.520.310.40.440.450.470.610.420.34
0.990.930.90.950.950.950.960.2-0.970.930.910.920.940.480.960.820.980.940.980.990.981.00.810.980.96
0.990.970.970.971.00.891.0-0.07-0.970.930.980.980.990.340.960.750.950.990.980.980.990.970.690.991.0
0.790.780.670.720.740.740.750.3-0.80.760.710.70.720.540.820.750.790.730.830.810.780.810.640.80.75
0.980.910.890.940.950.970.940.14-0.980.970.920.910.930.520.980.950.790.920.980.980.980.990.860.970.95
0.970.950.960.960.990.880.98-0.07-0.940.870.960.960.970.310.940.990.730.920.960.970.960.960.680.980.98
0.990.960.950.970.980.930.980.06-0.970.950.950.960.970.40.980.980.830.980.960.990.990.990.760.990.99
1.00.960.940.960.980.930.980.09-0.980.940.950.950.970.440.990.980.810.980.970.990.991.00.751.00.98
0.990.950.940.960.990.920.980.01-0.990.960.970.950.970.450.980.990.780.980.960.990.990.990.751.00.99
0.990.940.920.960.960.950.970.14-0.980.940.940.940.950.471.00.970.810.990.960.991.00.990.790.990.97
0.750.60.60.740.690.930.680.36-0.760.770.630.630.660.610.810.690.640.860.680.760.750.750.790.730.69
0.990.970.950.960.990.910.990.02-0.980.940.970.960.970.420.980.990.80.970.980.991.01.00.990.730.99
0.990.970.980.971.00.891.0-0.08-0.970.930.980.980.990.340.961.00.750.950.980.990.980.990.970.690.99
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Zscaler Account Relationship Matchups

Zscaler fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.8B2.3B2.8B3.6B4.7B4.9B
Other Current Liab65.8M116.5M158.4M201.8M252.5M265.1M
Total Current Liabilities423.9M720.2M1.1B1.5B3.1B3.3B
Total Stockholder Equity484.8M528.9M573.3M725.1M1.3B1.3B
Other Liab35.1M63.8M105.3M169.7M195.1M204.9M
Net Tangible Assets430.7M437.8M462.9M603.1M693.5M728.2M
Property Plant And Equipment Net111.9M152.9M233.0M313.0M472.9M496.5M
Net Debt763.4M688.7M32.5M(51.7M)(185.1M)(175.9M)
Retained Earnings(339.6M)(601.6M)(991.9M)(1.1B)(1.1B)(1.1B)
Accounts Payable5.2M12.5M26.2M18.5M23.3M24.5M
Cash141.9M275.9M1.0B1.3B1.4B1.5B
Non Current Assets Total251.7M409.3M576.0M718.0M1.5B1.5B
Non Currrent Assets Other85.7M165.3M232.7M289.9M503.5M528.7M
Other Assets85.7M165.3M232.7M275.1M1.00.95
Cash And Short Term Investments1.4B1.5B1.7B2.1B2.4B2.5B
Net Receivables147.6M257.1M399.7M582.6M736.5M773.4M
Common Stock Shares Outstanding129.3M135.7M140.9M144.9M149.6M131.7M
Liabilities And Stockholders Equity1.8B2.3B2.8B3.6B4.7B4.9B
Capital Surpluse532.6M823.8M1.1B1.6B1.8B1.9B
Other Current Assets31.4M31.3M39.4M91.6M101.6M106.6M
Other Stockholder Equity823.8M1.1B1.6B1.8B2.4B2.5B
Total Liab1.3B1.7B2.3B2.9B3.4B3.6B
Deferred Long Term Liab77.7M149.7M210.8M259.4M298.3M313.2M
Total Current Assets1.6B1.8B2.3B2.9B3.2B3.4B
Accumulated Other Comprehensive Income463K(650K)(25.9M)(1.6M)(4.8M)(5.0M)
Common Stock133K139K143K147K152K111.3K
Property Plant Equipment111.9M152.9M233.0M313.0M360.0M378.0M
Current Deferred Revenue337.3M571.3M923.7M1.3B1.6B1.7B
Common Stock Total Equity127K133K139K143K164.5K109.2K
Non Current Liabilities Total924.7M1.0B1.1B1.3B318.0M587.1M
Inventory32.2M57.4M86.2M115.8M133.2M139.9M
Property Plant And Equipment Gross111.9M152.9M233.0M313.0M723.2M759.3M
Non Current Liabilities Other2.6M4.5M7.9M12.7M22.1M23.2M
Net Invested Capital1.3B1.4B1.5B1.9B2.4B1.2B
Net Working Capital1.2B1.1B1.1B1.4B283.7M269.5M
Good Will30.1M59.0M78.5M89.2M417.0M437.9M
Retained Earnings Total Equity(224.5M)(339.6M)(601.6M)(991.9M)(892.7M)(848.1M)
Short Term Investments1.2B1.2B718.1M838.0M986.6M856.0M

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