Zscaler Short Term Debt vs Current Deferred Revenue Analysis
ZS Stock | USD 176.82 1.82 1.04% |
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 Short Term Debt and its Current Deferred Revenue 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 tightly coupled 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.
Short Term Debt vs Current Deferred Revenue
Short Term Debt vs Current Deferred Revenue Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Zscaler Short Term Debt account and Current Deferred Revenue. At this time, the significance of the direction appears to have strong relationship.
The correlation between Zscaler's Short Term Debt and Current Deferred Revenue is 0.73. Overlapping area represents the amount of variation of Short Term Debt that can explain the historical movement of Current Deferred Revenue in the same time period over historical financial statements of Zscaler, assuming nothing else is changed. The correlation between historical values of Zscaler's Short Term Debt and Current Deferred Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Term Debt of Zscaler are associated (or correlated) with its Current Deferred Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Current Deferred Revenue has no effect on the direction of Short Term Debt i.e., Zscaler's Short Term Debt and Current Deferred Revenue go up and down completely randomly.
Correlation Coefficient | 0.73 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Short Term Debt
Current Deferred Revenue
Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.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 tightly coupled 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 214.4 M in 2024, whereas Enterprise Value Over EBITDA is likely to drop (275.64) in 2024.
2021 | 2022 | 2023 | 2024 (projected) | Interest Income | 4.6M | 60.5M | 69.5M | 73.0M | Tax Provision | 6.6M | 19.8M | 22.7M | 23.9M |
Zscaler fundamental ratios Correlations
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Zscaler Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Zscaler fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 1.8B | 2.3B | 2.8B | 3.6B | 4.1B | 4.4B | |
Other Current Liab | 65.8M | 116.5M | 158.4M | 201.8M | 232.0M | 243.6M | |
Total Current Liabilities | 423.9M | 720.2M | 1.1B | 1.5B | 1.8B | 1.9B | |
Total Stockholder Equity | 484.8M | 528.9M | 573.3M | 725.1M | 833.9M | 875.6M | |
Other Liab | 35.1M | 63.8M | 105.3M | 169.7M | 195.1M | 204.9M | |
Net Tangible Assets | 430.7M | 437.8M | 462.9M | 603.1M | 693.5M | 728.2M | |
Retained Earnings | (339.6M) | (601.6M) | (991.9M) | (1.1B) | (981.3M) | (932.3M) | |
Accounts Payable | 5.2M | 12.5M | 26.2M | 18.5M | 21.3M | 22.3M | |
Cash | 141.9M | 275.9M | 1.0B | 1.3B | 1.5B | 1.5B | |
Other Assets | 85.7M | 165.3M | 232.7M | 275.1M | 316.4M | 332.2M | |
Cash And Short Term Investments | 1.4B | 1.5B | 1.7B | 2.1B | 2.4B | 2.5B | |
Net Receivables | 147.6M | 257.1M | 399.7M | 582.6M | 670.0M | 703.5M | |
Common Stock Shares Outstanding | 129.3M | 135.7M | 140.9M | 144.9M | 166.7M | 128.0M | |
Capital Surpluse | 532.6M | 823.8M | 1.1B | 1.6B | 1.8B | 1.9B | |
Other Current Assets | 31.4M | 31.3M | 39.4M | 91.6M | 105.4M | 110.6M | |
Other Stockholder Equity | 823.8M | 1.1B | 1.6B | 1.8B | 2.1B | 2.2B | |
Total Liab | 1.3B | 1.7B | 2.3B | 2.9B | 3.3B | 3.5B | |
Deferred Long Term Liab | 77.7M | 149.7M | 210.8M | 259.4M | 298.3M | 313.2M | |
Total Current Assets | 1.6B | 1.8B | 2.3B | 2.9B | 3.3B | 3.5B | |
Common Stock | 133K | 139K | 143K | 147K | 169.1K | 105.1K | |
Property Plant Equipment | 111.9M | 152.9M | 233.0M | 313.0M | 360.0M | 378.0M | |
Property Plant And Equipment Net | 111.9M | 152.9M | 233.0M | 313.0M | 360.0M | 378.0M | |
Current Deferred Revenue | 337.3M | 571.3M | 923.7M | 1.3B | 1.5B | 1.5B | |
Net Debt | 763.4M | 688.7M | 32.5M | (51.7M) | (59.4M) | (56.4M) | |
Non Current Assets Total | 251.7M | 409.3M | 576.0M | 718.0M | 825.7M | 867.0M | |
Non Currrent Assets Other | 85.7M | 165.3M | 232.7M | 289.9M | 333.4M | 350.1M | |
Common Stock Total Equity | 127K | 133K | 139K | 143K | 164.5K | 109.2K | |
Liabilities And Stockholders Equity | 1.8B | 2.3B | 2.8B | 3.6B | 4.1B | 4.4B | |
Non Current Liabilities Total | 924.7M | 1.0B | 1.1B | 1.3B | 1.5B | 1.6B | |
Inventory | 32.2M | 57.4M | 86.2M | 115.8M | 133.2M | 139.9M | |
Property Plant And Equipment Gross | 111.9M | 152.9M | 233.0M | 313.0M | 360.0M | 378.0M | |
Accumulated Other Comprehensive Income | 463K | (650K) | (25.9M) | (1.6M) | (1.8M) | (1.9M) | |
Non Current Liabilities Other | 2.6M | 4.5M | 7.9M | 12.7M | 14.6M | 15.4M | |
Net Invested Capital | 1.3B | 1.4B | 1.5B | 1.9B | 2.1B | 2.2B | |
Net Working Capital | 1.2B | 1.1B | 1.1B | 1.4B | 1.6B | 820.8M | |
Good Will | 30.1M | 59.0M | 78.5M | 89.2M | 102.6M | 107.7M | |
Retained Earnings Total Equity | (224.5M) | (339.6M) | (601.6M) | (991.9M) | (892.7M) | (848.1M) | |
Short Term Investments | 1.2B | 1.2B | 718.1M | 838.0M | 963.7M | 817.8M |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Zscaler is a strong investment it is important to analyze Zscaler's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Zscaler's future performance. For an informed investment choice regarding Zscaler Stock, refer to the following important reports: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 tightly coupled 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.You can also try the Latest Portfolios module to quick portfolio dashboard that showcases your latest portfolios.
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Is Zscaler'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 Zscaler. If investors know Zscaler 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 Zscaler listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.94) | Revenue Per Share 12.887 | Quarterly Revenue Growth 0.354 | Return On Assets (0.03) | Return On Equity (0.19) |
The market value of Zscaler is measured differently than its book value, which is the value of Zscaler that is recorded on the company's balance sheet. Investors also form their own opinion of Zscaler's value that differs from its market value or its book value, called intrinsic value, which is Zscaler'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 Zscaler's market value can be influenced by many factors that don't directly affect Zscaler'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 Zscaler's value and its price as these two are different measures arrived at by different means. Investors typically determine if Zscaler is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Zscaler'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.