Zscaler Total Stockholder Equity vs Capital Stock Analysis

ZS Stock  USD 181.13  4.31  2.44%   
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 Total Stockholder Equity and its Capital Stock 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.

Total Stockholder Equity vs Capital Stock

Total Stockholder Equity vs Capital Stock Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Zscaler Total Stockholder Equity account and Capital Stock. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Zscaler's Total Stockholder Equity and Capital Stock is 0.94. Overlapping area represents the amount of variation of Total Stockholder Equity that can explain the historical movement of Capital Stock in the same time period over historical financial statements of Zscaler, assuming nothing else is changed. The correlation between historical values of Zscaler's Total Stockholder Equity and Capital Stock 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 Zscaler are associated (or correlated) with its Capital Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capital Stock has no effect on the direction of Total Stockholder Equity i.e., Zscaler's Total Stockholder Equity and Capital Stock go up and down completely randomly.

Correlation Coefficient

0.94
Relationship DirectionPositive 
Relationship StrengthVery 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.

Capital Stock

The total amount of a company’s capital funded by shareholders through the issue and subscription of shares.
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 Income4.6M60.5M69.5M73.0M
Tax Provision6.6M19.8M22.7M23.9M

Zscaler fundamental ratios Correlations

0.970.990.990.970.94-0.960.930.950.991.00.980.810.980.960.991.00.991.00.780.990.990.980.241.00.99
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0.990.980.961.00.91-0.960.940.981.00.971.00.780.970.980.980.991.00.980.731.01.01.00.081.01.0
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0.940.860.910.980.89-0.90.880.830.920.950.90.730.970.890.940.930.920.950.920.910.910.90.340.920.91
-0.96-0.94-0.96-0.94-0.94-0.9-0.97-0.94-0.98-0.95-0.96-0.8-0.97-0.9-0.97-0.97-0.97-0.96-0.78-0.96-0.96-0.96-0.15-0.97-0.97
0.930.90.940.910.910.88-0.970.920.960.920.920.760.960.850.950.930.950.930.780.930.930.930.120.940.95
0.950.960.980.90.980.83-0.940.920.970.910.980.720.920.960.940.950.970.940.630.970.970.98-0.080.970.97
0.990.971.00.970.980.92-0.980.960.970.980.990.790.980.960.990.991.00.990.761.00.990.990.141.01.0
1.00.950.970.990.950.95-0.950.920.910.980.960.820.980.940.990.990.981.00.810.980.980.970.320.980.98
0.980.981.00.961.00.9-0.960.920.980.990.960.780.960.980.980.990.990.980.721.01.01.00.070.991.0
0.810.810.780.790.750.73-0.80.760.720.790.820.780.790.750.850.810.790.810.660.80.80.780.340.810.79
0.980.940.970.990.950.97-0.970.960.920.980.980.960.790.920.990.980.980.980.850.970.970.960.250.980.98
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0.990.970.980.980.960.94-0.970.950.940.990.990.980.850.990.950.990.990.990.790.990.990.980.220.990.99
1.00.970.990.980.970.93-0.970.930.950.990.990.990.810.980.960.990.991.00.761.01.00.990.221.00.99
0.990.971.00.970.990.92-0.970.950.971.00.980.990.790.980.970.990.990.990.761.01.01.00.131.01.0
1.00.960.980.990.970.95-0.960.930.940.991.00.980.810.980.960.991.00.990.790.990.990.980.260.990.99
0.780.660.730.860.70.92-0.780.780.630.760.810.720.660.850.690.790.760.760.790.740.730.720.420.750.75
0.990.981.00.970.990.91-0.960.930.971.00.981.00.80.970.980.991.01.00.990.741.01.00.141.01.0
0.990.981.00.970.990.91-0.960.930.970.990.981.00.80.970.980.991.01.00.990.731.01.00.131.01.0
0.980.981.00.961.00.9-0.960.930.980.990.971.00.780.960.980.980.991.00.980.721.01.00.071.01.0
0.240.10.080.30.010.34-0.150.12-0.080.140.320.070.340.250.060.220.220.130.260.420.140.130.070.160.12
1.00.981.00.970.980.92-0.970.940.971.00.980.990.810.980.970.991.01.00.990.751.01.01.00.161.0
0.990.981.00.970.990.91-0.970.950.971.00.981.00.790.980.970.990.991.00.990.751.01.01.00.121.0
Click cells to compare fundamentals

Zscaler Account Relationship Matchups

Zscaler fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.8B2.3B2.8B3.6B4.1B4.4B
Other Current Liab65.8M116.5M158.4M201.8M232.0M243.6M
Total Current Liabilities423.9M720.2M1.1B1.5B1.8B1.9B
Total Stockholder Equity484.8M528.9M573.3M725.1M833.9M875.6M
Other Liab35.1M63.8M105.3M169.7M195.1M204.9M
Net Tangible Assets430.7M437.8M462.9M603.1M693.5M728.2M
Retained Earnings(339.6M)(601.6M)(991.9M)(1.1B)(981.3M)(932.3M)
Accounts Payable5.2M12.5M26.2M18.5M21.3M22.3M
Cash141.9M275.9M1.0B1.3B1.5B1.5B
Other Assets85.7M165.3M232.7M275.1M316.4M332.2M
Cash And Short Term Investments1.4B1.5B1.7B2.1B2.4B2.5B
Net Receivables147.6M257.1M399.7M582.6M670.0M703.5M
Common Stock Shares Outstanding129.3M135.7M140.9M144.9M166.7M128.0M
Capital Surpluse532.6M823.8M1.1B1.6B1.8B1.9B
Other Current Assets31.4M31.3M39.4M91.6M105.4M110.6M
Other Stockholder Equity823.8M1.1B1.6B1.8B2.1B2.2B
Total Liab1.3B1.7B2.3B2.9B3.3B3.5B
Deferred Long Term Liab77.7M149.7M210.8M259.4M298.3M313.2M
Total Current Assets1.6B1.8B2.3B2.9B3.3B3.5B
Common Stock133K139K143K147K169.1K105.1K
Property Plant Equipment111.9M152.9M233.0M313.0M360.0M378.0M
Property Plant And Equipment Net111.9M152.9M233.0M313.0M360.0M378.0M
Current Deferred Revenue337.3M571.3M923.7M1.3B1.5B1.5B
Net Debt763.4M688.7M32.5M(51.7M)(59.4M)(56.4M)
Non Current Assets Total251.7M409.3M576.0M718.0M825.7M867.0M
Non Currrent Assets Other85.7M165.3M232.7M289.9M333.4M350.1M
Common Stock Total Equity127K133K139K143K164.5K109.2K
Liabilities And Stockholders Equity1.8B2.3B2.8B3.6B4.1B4.4B
Non Current Liabilities Total924.7M1.0B1.1B1.3B1.5B1.6B
Inventory32.2M57.4M86.2M115.8M133.2M139.9M
Property Plant And Equipment Gross111.9M152.9M233.0M313.0M360.0M378.0M
Accumulated Other Comprehensive Income463K(650K)(25.9M)(1.6M)(1.8M)(1.9M)
Non Current Liabilities Other2.6M4.5M7.9M12.7M14.6M15.4M
Net Invested Capital1.3B1.4B1.5B1.9B2.1B2.2B
Net Working Capital1.2B1.1B1.1B1.4B1.6B820.8M
Good Will30.1M59.0M78.5M89.2M102.6M107.7M
Retained Earnings Total Equity(224.5M)(339.6M)(601.6M)(991.9M)(892.7M)(848.1M)
Short Term Investments1.2B1.2B718.1M838.0M963.7M817.8M

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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 Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.

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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
(0.95)
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.