Zoomcar Total Cash From Operating Activities vs Total Current Liabilities Analysis
| ZCARW Stock | 0.01 0 31.13% |
Zoomcar Holdings financial indicator trend analysis is more than just analyzing Zoomcar Holdings current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Zoomcar Holdings is a good investment. Please check the relationship between Zoomcar Holdings Total Cash From Operating Activities and its Total Current Liabilities accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Zoomcar Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. For more information on how to buy Zoomcar Stock please use our How to Invest in Zoomcar Holdings guide.
Total Cash From Operating Activities vs Total Current Liabilities
Total Cash From Operating Activities vs Total Current Liabilities Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Zoomcar Holdings Total Cash From Operating Activities account and Total Current Liabilities. At this time, the significance of the direction appears to have totally related.
The correlation between Zoomcar Holdings' Total Cash From Operating Activities and Total Current Liabilities is 0.99. Overlapping area represents the amount of variation of Total Cash From Operating Activities that can explain the historical movement of Total Current Liabilities in the same time period over historical financial statements of Zoomcar Holdings, assuming nothing else is changed. The correlation between historical values of Zoomcar Holdings' Total Cash From Operating Activities and Total Current Liabilities 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 Cash From Operating Activities of Zoomcar Holdings are associated (or correlated) with its Total Current Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Liabilities has no effect on the direction of Total Cash From Operating Activities i.e., Zoomcar Holdings' Total Cash From Operating Activities and Total Current Liabilities go up and down completely randomly.
Correlation Coefficient | 0.99 |
| Relationship Direction | Positive |
| Relationship Strength | Very Strong |
Total Cash From Operating Activities
Total Current Liabilities
Total Current Liabilities is an item on Zoomcar Holdings balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Zoomcar Holdings are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.Most indicators from Zoomcar Holdings' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Zoomcar Holdings 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 Zoomcar Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. For more information on how to buy Zoomcar Stock please use our How to Invest in Zoomcar Holdings guide.Selling General Administrative is likely to drop to about 11.1 M in 2024. Issuance Of Capital Stock is likely to drop to 0.00 in 2024
| 2021 | 2022 | 2023 | 2024 (projected) | Depreciation And Amortization | 3.2M | 795.4K | 715.8K | 680.0K | Interest Income | 142.6K | 28.9K | 26.0K | 24.7K |
Zoomcar Holdings fundamental ratios Correlations
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Zoomcar Holdings Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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When running Zoomcar Holdings' price analysis, check to measure Zoomcar Holdings' 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 Zoomcar Holdings is operating at the current time. Most of Zoomcar Holdings' value examination focuses on studying past and present price action to predict the probability of Zoomcar Holdings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Zoomcar Holdings' price. Additionally, you may evaluate how the addition of Zoomcar Holdings to your portfolios can decrease your overall portfolio volatility.