Zoetis Total Current Assets vs Total Cash From Operating Activities Analysis
ZTS Stock | USD 158.42 5.06 3.30% |
Zoetis financial indicator trend analysis is more than just analyzing Zoetis Inc current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Zoetis Inc is a good investment. Please check the relationship between Zoetis Total Current Assets and its Total Cash From Operating Activities accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Zoetis Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate.
Total Current Assets vs Total Cash From Operating Activities
Total Current Assets vs Total Cash From Operating Activities Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Zoetis Inc Total Current Assets account and Total Cash From Operating Activities. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Zoetis' Total Current Assets and Total Cash From Operating Activities is 0.92. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Total Cash From Operating Activities in the same time period over historical financial statements of Zoetis Inc, assuming nothing else is changed. The correlation between historical values of Zoetis' Total Current Assets and Total Cash From Operating Activities 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 Current Assets of Zoetis Inc are associated (or correlated) with its Total Cash From Operating Activities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Cash From Operating Activities has no effect on the direction of Total Current Assets i.e., Zoetis' Total Current Assets and Total Cash From Operating Activities go up and down completely randomly.
Correlation Coefficient | 0.92 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Total Current Assets
The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.Total Cash From Operating Activities
Most indicators from Zoetis' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Zoetis Inc 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 Zoetis Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate. Sales General And Administrative To Revenue is likely to gain to 0.29 in 2024, whereas Selling General Administrative is likely to drop slightly above 1.3 B in 2024.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 224M | 221M | 285M | 162.4M | Depreciation And Amortization | 161M | 150M | 491M | 515.6M |
Zoetis fundamental ratios Correlations
Click cells to compare fundamentals
Zoetis Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Zoetis fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 11.5B | 13.6B | 13.9B | 14.9B | 14.3B | 10.5B | |
Short Long Term Debt Total | 6.6B | 7.4B | 6.7B | 8.1B | 6.8B | 5.1B | |
Other Current Liab | 55M | 93M | 1.3B | 1.4B | 1.4B | 1.5B | |
Total Current Liabilities | 1.8B | 2.2B | 1.8B | 3.2B | 1.9B | 1.7B | |
Total Stockholder Equity | 2.7B | 3.8B | 4.5B | 4.4B | 5.0B | 3.2B | |
Other Liab | 917M | 891M | 811M | 585M | 672.8M | 614.3M | |
Property Plant And Equipment Net | 2.1B | 2.4B | 2.6B | 3.0B | 3.4B | 2.0B | |
Current Deferred Revenue | 950M | 1.0B | 6M | 5M | 4.5M | 4.3M | |
Net Debt | 4.7B | 3.8B | 3.3B | 4.5B | 4.8B | 3.4B | |
Accounts Payable | 301M | 457M | 436M | 405M | 411M | 367.5M | |
Cash | 1.9B | 3.6B | 3.5B | 3.6B | 2.0B | 1.7B | |
Non Current Assets Total | 6.8B | 7.0B | 7.0B | 7.4B | 7.9B | 5.6B | |
Other Assets | 160M | 392M | 211M | 320M | 368M | 222.8M | |
Long Term Debt | 5.9B | 6.6B | 6.6B | 6.6B | 6.6B | 4.8B | |
Cash And Short Term Investments | 1.9B | 3.6B | 3.5B | 3.6B | 2.0B | 1.7B | |
Net Receivables | 1.1B | 1.0B | 1.1B | 1.2B | 1.3B | 1.1B | |
Good Will | 2.6B | 2.7B | 2.7B | 2.7B | 2.8B | 2.0B | |
Liabilities And Stockholders Equity | 11.5B | 13.6B | 13.9B | 14.9B | 14.3B | 10.5B | |
Non Current Liabilities Total | 7.0B | 7.7B | 7.6B | 7.4B | 7.4B | 5.6B | |
Inventory | 1.4B | 1.6B | 1.9B | 2.3B | 2.6B | 1.7B | |
Other Current Assets | 318M | 366M | 389M | 365M | 434M | 301.3M | |
Other Stockholder Equity | (998M) | (1.2B) | (1.9B) | (3.5B) | (4.5B) | (4.2B) | |
Total Liab | 8.8B | 9.8B | 9.4B | 10.5B | 9.3B | 7.3B | |
Property Plant And Equipment Gross | 2.1B | 2.2B | 4.7B | 5.3B | 6.0B | 6.3B | |
Total Current Assets | 4.7B | 6.6B | 6.9B | 7.5B | 6.3B | 4.9B | |
Accumulated Other Comprehensive Income | (726M) | (730M) | (764M) | (817M) | (839M) | (797.1M) | |
Short Term Debt | 500M | 604M | 41M | 1.4B | 51M | 48.5M | |
Intangible Assets | 1.9B | 1.7B | 1.5B | 1.4B | 1.3B | 1.4B | |
Property Plant Equipment | 1.9B | 2.2B | 2.4B | 2.8B | 3.2B | 1.8B | |
Retained Earnings | 4.4B | 5.7B | 7.2B | 8.7B | 10.3B | 10.8B | |
Retained Earnings Total Equity | 4.4B | 5.7B | 7.2B | 8.7B | 10.0B | 10.5B | |
Deferred Long Term Liab | 434M | 378M | 320M | 142M | 163.3M | 290.0M | |
Treasury Stock | (2.0B) | (2.2B) | (3.0B) | (4.5B) | (4.1B) | (3.9B) | |
Net Tangible Assets | (1.8B) | (635M) | 387M | 279M | 320.9M | 336.9M |
Also Currently Popular
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 Zoetis Inc is a strong investment it is important to analyze Zoetis' 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 Zoetis' future performance. For an informed investment choice regarding Zoetis 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 Zoetis Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate. You can also try the FinTech Suite module to use AI to screen and filter profitable investment opportunities.
Complementary Tools for Zoetis Stock analysis
When running Zoetis' price analysis, check to measure Zoetis' 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 Zoetis is operating at the current time. Most of Zoetis' value examination focuses on studying past and present price action to predict the probability of Zoetis' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Zoetis' price. Additionally, you may evaluate how the addition of Zoetis to your portfolios can decrease your overall portfolio volatility.
Equity Search Search for actively traded equities including funds and ETFs from over 30 global markets | |
Premium Stories Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope | |
Stocks Directory Find actively traded stocks across global markets | |
Idea Optimizer Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio | |
Idea Breakdown Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes | |
Global Markets Map Get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes | |
Alpha Finder Use alpha and beta coefficients to find investment opportunities after accounting for the risk | |
Theme Ratings Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
Companies Directory Evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals | |
Portfolio Analyzer Portfolio analysis module that provides access to portfolio diagnostics and optimization engine | |
ETF Categories List of ETF categories grouped based on various criteria, such as the investment strategy or type of investments | |
AI Portfolio Architect Use AI to generate optimal portfolios and find profitable investment opportunities |
Is Zoetis' 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 Zoetis. If investors know Zoetis 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 Zoetis listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.164 | Dividend Share 1.5 | Earnings Share 5.07 | Revenue Per Share 18.527 | Quarterly Revenue Growth 0.085 |
The market value of Zoetis Inc is measured differently than its book value, which is the value of Zoetis that is recorded on the company's balance sheet. Investors also form their own opinion of Zoetis' value that differs from its market value or its book value, called intrinsic value, which is Zoetis' 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 Zoetis' market value can be influenced by many factors that don't directly affect Zoetis' 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 Zoetis' value and its price as these two are different measures arrived at by different means. Investors typically determine if Zoetis is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Zoetis' 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.