Zimmer Retained Earnings vs Short Term Investments Analysis

ZBH Stock

USD 119.56 0.72 0.60%

Zimmer Biomet financial indicator trend analysis is more than just analyzing Zimmer Biomet Holdings current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Zimmer Biomet Holdings is a good investment. Please check the relationship between Zimmer Biomet Retained Earnings and its Short Term Investments accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Zimmer Biomet Holdings. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of labor statistics.

Retained Earnings vs Short Term Investments

Retained Earnings vs Short Term Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Zimmer Biomet Holdings Retained Earnings account and Short Term Investments. At this time, the significance of the direction appears to have weak contrarian relationship.

The correlation between Zimmer Biomet's Retained Earnings and Short Term Investments is -0.18. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Short Term Investments in the same time period over historical financial statements of Zimmer Biomet Holdings, assuming nothing else is changed. The correlation between historical values of Zimmer Biomet's Retained Earnings and Short Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Retained Earnings of Zimmer Biomet Holdings are associated (or correlated) with its Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Term Investments has no effect on the direction of Retained Earnings i.e., Zimmer Biomet's Retained Earnings and Short Term Investments go up and down completely randomly.

Correlation Coefficient

-0.18

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.

Short Term Investments

Short Term Investments is an item under the current assets section of Zimmer Biomet balance sheet. It contains any investments Zimmer Biomet Holdings undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that Zimmer Biomet Holdings can easily liquidate in the marketplace.

Most indicators from Zimmer Biomet's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Zimmer Biomet 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 Zimmer Biomet Holdings. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of labor statistics.

As of now, Zimmer Biomet's Tax Provision is increasing as compared to previous years. The Zimmer Biomet's current Enterprise Value Over EBITDA is estimated to increase to 15.42, while Selling General Administrative is projected to decrease to under 2 B.

	2021	2022	2023	2024 (projected)
Gross Profit	4.9B	4.9B	4.7B	3.6B
Total Revenue	6.8B	6.9B	7.4B	5.0B

Gross Profit Total Revenue

Zimmer Biomet fundamental ratios Correlations

	Common Stock Shares Outstanding	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Accounts Payable	Non Current Assets Total	Non Currrent Assets Other	Net Receivables	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Other Liab	Other Assets	Property Plant Equipment	Short Long Term Debt Total	Net Debt	Retained Earnings	Cash	Long Term Debt	Cash And Short Term Investments
Common Stock Shares Outstanding		0.65	0.39	0.75	0.66	0.56	0.74	0.69	0.19	0.55	0.5	0.66	0.18	0.68	0.57	0.23	0.28	0.38	0.04	0.57	0.59	0.64	0.43	-0.5	0.52	-0.7
Total Assets	0.65		0.78	0.86	0.91	0.94	0.92	1.0	0.31	0.95	0.92	0.96	0.67	0.79	0.96	0.32	0.82	0.84	0.27	0.95	0.96	0.95	0.8	0.1	0.93	-0.24
Other Current Liab	0.39	0.78		0.62	0.67	0.79	0.77	0.78	-0.11	0.79	0.75	0.74	0.28	0.47	0.77	-0.05	0.64	0.65	0.01	0.76	0.78	0.76	0.67	0.2	0.77	-0.05
Total Current Liabilities	0.75	0.86	0.62		0.93	0.84	0.91	0.87	0.51	0.81	0.62	0.88	0.5	0.8	0.73	0.48	0.64	0.51	0.4	0.87	0.73	0.76	0.82	-0.24	0.65	-0.47
Total Stockholder Equity	0.66	0.91	0.67	0.93		0.95	0.92	0.89	0.46	0.91	0.67	0.97	0.63	0.77	0.76	0.52	0.81	0.55	0.51	0.96	0.75	0.76	0.93	-0.01	0.69	-0.26
Property Plant And Equipment Net	0.56	0.94	0.79	0.84	0.95		0.91	0.92	0.31	0.98	0.78	0.97	0.65	0.69	0.84	0.4	0.89	0.7	0.42	1.0	0.83	0.82	0.92	0.19	0.8	-0.1
Accounts Payable	0.74	0.92	0.77	0.91	0.92	0.91		0.93	0.19	0.89	0.75	0.94	0.45	0.84	0.82	0.44	0.66	0.63	0.36	0.9	0.83	0.85	0.78	-0.17	0.78	-0.45
Non Current Assets Total	0.69	1.0	0.78	0.87	0.89	0.92	0.93		0.27	0.93	0.92	0.94	0.62	0.82	0.97	0.32	0.76	0.83	0.24	0.93	0.97	0.97	0.76	0.02	0.93	-0.32
Non Currrent Assets Other	0.19	0.31	-0.11	0.51	0.46	0.31	0.19	0.27		0.29	0.1	0.34	0.57	0.19	0.18	0.3	0.47	0.12	0.37	0.38	0.15	0.15	0.51	0.11	0.08	0.07
Net Receivables	0.55	0.95	0.79	0.81	0.91	0.98	0.89	0.93	0.29		0.84	0.94	0.69	0.68	0.88	0.36	0.89	0.77	0.39	0.97	0.86	0.85	0.88	0.2	0.84	-0.09
Non Current Liabilities Total	0.5	0.92	0.75	0.62	0.67	0.78	0.75	0.92	0.1	0.84		0.79	0.61	0.66	0.99	0.09	0.71	0.97	0.01	0.79	0.99	0.97	0.55	0.22	1.0	-0.14
Inventory	0.66	0.96	0.74	0.88	0.97	0.97	0.94	0.94	0.34	0.94	0.79		0.63	0.8	0.85	0.43	0.84	0.69	0.43	0.97	0.85	0.84	0.88	0.08	0.81	-0.23
Other Current Assets	0.18	0.67	0.28	0.5	0.63	0.65	0.45	0.62	0.57	0.69	0.61	0.63		0.39	0.63	0.36	0.82	0.63	0.38	0.68	0.59	0.55	0.67	0.44	0.59	0.22
Other Stockholder Equity	0.68	0.79	0.47	0.8	0.77	0.69	0.84	0.82	0.19	0.68	0.66	0.8	0.39		0.73	0.65	0.43	0.56	0.48	0.71	0.75	0.78	0.52	-0.35	0.7	-0.66
Total Liab	0.57	0.96	0.77	0.73	0.76	0.84	0.82	0.97	0.18	0.88	0.99	0.85	0.63	0.73		0.16	0.74	0.94	0.09	0.85	1.0	0.99	0.64	0.15	0.99	-0.21
Property Plant And Equipment Gross	0.23	0.32	-0.05	0.48	0.52	0.4	0.44	0.32	0.3	0.36	0.09	0.43	0.36	0.65	0.16		0.25	0.05	0.88	0.41	0.16	0.19	0.41	-0.33	0.11	-0.4
Total Current Assets	0.28	0.82	0.64	0.64	0.81	0.89	0.66	0.76	0.47	0.89	0.71	0.84	0.82	0.43	0.74	0.25		0.69	0.39	0.9	0.71	0.66	0.89	0.56	0.71	0.3
Other Liab	0.38	0.84	0.65	0.51	0.55	0.7	0.63	0.83	0.12	0.77	0.97	0.69	0.63	0.56	0.94	0.05	0.69		0.0	0.71	0.93	0.91	0.46	0.32	0.95	-0.03
Other Assets	0.04	0.27	0.01	0.4	0.51	0.42	0.36	0.24	0.37	0.39	0.01	0.43	0.38	0.48	0.09	0.88	0.39	0.0		0.43	0.06	0.07	0.51	-0.02	0.03	-0.08
Property Plant Equipment	0.57	0.95	0.76	0.87	0.96	1.0	0.9	0.93	0.38	0.97	0.79	0.97	0.68	0.71	0.85	0.41	0.9	0.71	0.43		0.84	0.83	0.93	0.18	0.8	-0.11
Short Long Term Debt Total	0.59	0.96	0.78	0.73	0.75	0.83	0.83	0.97	0.15	0.86	0.99	0.85	0.59	0.75	1.0	0.16	0.71	0.93	0.06	0.84		1.0	0.61	0.1	0.99	-0.26
Net Debt	0.64	0.95	0.76	0.76	0.76	0.82	0.85	0.97	0.15	0.85	0.97	0.84	0.55	0.78	0.99	0.19	0.66	0.91	0.07	0.83	1.0		0.59	0.01	0.98	-0.34
Retained Earnings	0.43	0.8	0.67	0.82	0.93	0.92	0.78	0.76	0.51	0.88	0.55	0.88	0.67	0.52	0.64	0.41	0.89	0.46	0.51	0.93	0.61	0.59		0.24	0.57	0.05
Cash	-0.5	0.1	0.2	-0.24	-0.01	0.19	-0.17	0.02	0.11	0.2	0.22	0.08	0.44	-0.35	0.15	-0.33	0.56	0.32	-0.02	0.18	0.1	0.01	0.24		0.18	0.92
Long Term Debt	0.52	0.93	0.77	0.65	0.69	0.8	0.78	0.93	0.08	0.84	1.0	0.81	0.59	0.7	0.99	0.11	0.71	0.95	0.03	0.8	0.99	0.98	0.57	0.18		-0.18
Cash And Short Term Investments	-0.7	-0.24	-0.05	-0.47	-0.26	-0.1	-0.45	-0.32	0.07	-0.09	-0.14	-0.23	0.22	-0.66	-0.21	-0.4	0.3	-0.03	-0.08	-0.11	-0.26	-0.34	0.05	0.92	-0.18

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Zimmer Biomet Account Relationship Matchups

Zimmer Biomet fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Common Stock Shares Outstanding	206.7M	207M	210.4M	210.3M	209.7M	164.9M
Total Assets	24.6B	24.4B	23.5B	21.1B	21.5B	13.7B
Other Current Liab	1.9B	1.6B	511M	985M	1.3B	941.7M
Total Current Liabilities	3.4B	2.6B	3.5B	2.4B	2.9B	1.5B
Total Stockholder Equity	12.4B	12.2B	12.7B	12.0B	12.5B	7.4B
Property Plant And Equipment Net	2.1B	2.0B	1.8B	1.9B	2.3B	1.4B
Accounts Payable	400.9M	330M	306.5M	354.1M	379.8M	228.6M
Non Current Assets Total	19.9B	19.3B	18.6B	16.6B	16.9B	10.3B
Non Currrent Assets Other	980.1M	969.4M	2.3B	630.8M	559.1M	561.5M
Net Receivables	1.4B	1.5B	1.3B	1.4B	1.4B	975.8M
Liabilities And Stockholders Equity	24.6B	24.4B	23.5B	21.1B	21.5B	13.7B
Non Current Liabilities Total	8.8B	9.7B	7.3B	6.7B	6.2B	4.8B
Inventory	2.4B	2.5B	2.1B	2.1B	2.4B	1.4B
Other Current Assets	357.1M	377.8M	607.1M	522.9M	366.1M	363.9M
Other Stockholder Equity	2.2B	2.4B	2.6B	2.6B	2.3B	2.4B
Total Liab	12.2B	12.2B	10.8B	9.0B	9.0B	6.3B
Property Plant And Equipment Gross	2.1B	2.0B	6.1B	6.5B	6.8B	7.1B
Total Current Assets	4.7B	5.1B	4.9B	4.4B	4.6B	3.4B
Accumulated Other Comprehensive Income	(241.9M)	(297.8M)	(231.6M)	(179.3M)	(191M)	(181.5M)
Other Liab	1.9B	2.0B	1.9B	1.1B	1.3B	1.2B
Other Assets	652.9M	969.4M	1.1B	1.1B	1.3B	1.4B
Property Plant Equipment	2.1B	2.0B	2.0B	1.9B	2.2B	1.4B
Short Long Term Debt Total	8.2B	8.1B	7.1B	5.7B	6.0B	4.3B
Net Debt	7.6B	7.3B	6.7B	5.3B	5.6B	3.7B
Retained Earnings	10.4B	10.1B	10.3B	9.6B	10.4B	6.8B
Cash	617.9M	802.1M	378.1M	375.7M	415.8M	591.2M
Long Term Debt	6.7B	7.6B	5.5B	5.2B	5.0B	4.0B
Cash And Short Term Investments	617.9M	802.1M	378.1M	375.7M	415.8M	732.9M
Good Will	9.6B	9.3B	8.9B	8.6B	8.8B	6.0B
Intangible Assets	7.3B	7.1B	5.5B	5.1B	4.9B	4.2B
Treasury Stock	(6.7B)	(6.7B)	(6.7B)	(6.9B)	(6.2B)	(6.5B)
Net Tangible Assets	(4.5B)	(4.1B)	(2.8B)	(1.6B)	(1.5B)	(1.5B)
Noncontrolling Interest In Consolidated Entity	4.7M	5.2M	5.7M	6.7M	6.0M	5.7M
Retained Earnings Total Equity	10.4B	10.1B	10.3B	9.6B	11.0B	9.1B
Capital Surpluse	8.9B	9.1B	9.3B	9.5B	10.9B	7.5B

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When determining whether Zimmer Biomet Holdings offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Zimmer Biomet's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Zimmer Biomet Holdings Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Zimmer Biomet Holdings Stock:

How To Invest In Zimmer

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Is Zimmer Stock a good investment?

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What is Zimmer Biomet's Net Worth?

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Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Zimmer Biomet Holdings. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of labor statistics.

Note that the Zimmer Biomet Holdings information on this page should be used as a complementary analysis to other Zimmer Biomet's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Price Transformation module to use Price Transformation models to analyze the depth of different equity instruments across global markets.

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When running Zimmer Biomet's price analysis, check to measure Zimmer Biomet's 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 Zimmer Biomet is operating at the current time. Most of Zimmer Biomet's value examination focuses on studying past and present price action to predict the probability of Zimmer Biomet's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Zimmer Biomet's price. Additionally, you may evaluate how the addition of Zimmer Biomet to your portfolios can decrease your overall portfolio volatility.

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Is Zimmer Biomet'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 Zimmer Biomet. If investors know Zimmer 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 Zimmer Biomet 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

(0.16)

Dividend Share

0.96

Earnings Share

4.88

Revenue Per Share

35.43

Quarterly Revenue Growth

0.063

The market value of Zimmer Biomet Holdings is measured differently than its book value, which is the value of Zimmer that is recorded on the company's balance sheet. Investors also form their own opinion of Zimmer Biomet's value that differs from its market value or its book value, called intrinsic value, which is Zimmer Biomet'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 Zimmer Biomet's market value can be influenced by many factors that don't directly affect Zimmer Biomet'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 Zimmer Biomet's value and its price as these two are different measures arrived at by different means. Investors typically determine if Zimmer Biomet is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Zimmer Biomet'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.

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Zimmer Retained Earnings vs Short Term Investments Analysis

Retained Earnings vs Short Term Investments

Retained Earnings vs Short Term Investments Correlation Analysis

Correlation Coefficient

Retained Earnings

Short Term Investments

Zimmer Biomet fundamental ratios Correlations

Zimmer Biomet Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Zimmer Biomet fundamental ratios Accounts

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COMMON DESTINATIONS

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COMPANY

Non Current Assets Total	+ 1.0	Total Assets
Property Plant Equipment	+ 1.0	Property Plant And Equipment Net
Long Term Debt	+ 1.0	Non Current Liabilities Total
Short Long Term Debt Total	+ 1.0	Total Liab
Net Debt	+ 1.0	Short Long Term Debt Total
Total Liab	+ 0.99	Non Current Liabilities Total

Cash And Short Term Investments	- 0.7	Common Stock Shares Outstanding
Cash And Short Term Investments	- 0.66	Other Stockholder Equity
Cash	- 0.5	Common Stock Shares Outstanding
Cash And Short Term Investments	- 0.47	Total Current Liabilities
Cash And Short Term Investments	- 0.45	Accounts Payable
Cash And Short Term Investments	- 0.4	Property Plant And Equipment Gross