Zedge Other Stockholder Equity vs Common Stock Shares Outstanding Analysis

ZDGE Stock  USD 2.77  0.12  4.53%   
Zedge financial indicator trend analysis is more than just analyzing Zedge Inc current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Zedge Inc is a good investment. Please check the relationship between Zedge Other Stockholder Equity and its Common Stock Shares Outstanding accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Zedge Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.

Other Stockholder Equity vs Common Stock Shares Outstanding

Other Stockholder Equity vs Common Stock Shares Outstanding Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Zedge Inc Other Stockholder Equity account and Common Stock Shares Outstanding. At this time, the significance of the direction appears to have totally related.
The correlation between Zedge's Other Stockholder Equity and Common Stock Shares Outstanding is 0.99. Overlapping area represents the amount of variation of Other Stockholder Equity that can explain the historical movement of Common Stock Shares Outstanding in the same time period over historical financial statements of Zedge Inc, assuming nothing else is changed. The correlation between historical values of Zedge's Other Stockholder Equity and Common Stock Shares Outstanding is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Stockholder Equity of Zedge Inc are associated (or correlated) with its Common Stock Shares Outstanding. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Shares Outstanding has no effect on the direction of Other Stockholder Equity i.e., Zedge's Other Stockholder Equity and Common Stock Shares Outstanding go up and down completely randomly.

Correlation Coefficient

0.99
Relationship DirectionPositive 
Relationship StrengthVery Strong

Other Stockholder Equity

Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.
Most indicators from Zedge's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Zedge 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 Zedge Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.
At present, Zedge's Enterprise Value Over EBITDA is projected to increase significantly based on the last few years of reporting. The current year's Enterprise Value Multiple is expected to grow to 12.53, whereas Issuance Of Capital Stock is forecasted to decline to about 10 M.
 2021 2023 2024 (projected)
Interest Expense49K44.1K41.9K
Depreciation And Amortization2.0M2.5M1.5M

Zedge fundamental ratios Correlations

0.890.961.00.7-0.010.95-0.870.760.850.910.920.390.260.910.830.47-0.350.960.81-0.570.630.960.960.850.92
0.890.920.880.580.320.87-0.750.610.830.770.850.180.070.770.750.48-0.050.880.78-0.420.760.880.90.80.78
0.960.920.950.570.00.97-0.80.70.890.830.930.230.10.830.780.57-0.30.940.83-0.560.650.920.990.830.84
1.00.880.950.73-0.010.94-0.890.760.830.930.90.430.310.930.830.45-0.350.960.79-0.560.620.960.950.850.93
0.70.580.570.730.160.64-0.870.380.550.890.40.870.80.890.620.03-0.070.770.27-0.230.180.770.520.650.88
-0.010.320.0-0.010.160.03-0.07-0.310.160.03-0.07-0.05-0.060.030.09-0.30.720.120.150.170.230.13-0.020.20.05
0.950.870.970.940.640.03-0.820.640.870.850.90.330.190.850.750.5-0.270.970.82-0.560.550.940.970.820.85
-0.87-0.75-0.8-0.89-0.87-0.07-0.82-0.46-0.86-0.96-0.65-0.61-0.5-0.96-0.84-0.190.33-0.93-0.540.62-0.47-0.93-0.77-0.92-0.96
0.760.610.70.760.38-0.310.64-0.460.410.560.840.230.170.560.410.7-0.340.570.61-0.150.390.550.720.370.55
0.850.830.890.830.550.160.87-0.860.410.770.770.210.080.770.770.43-0.320.90.7-0.70.60.870.860.950.78
0.910.770.830.930.890.030.85-0.960.560.770.680.650.551.00.870.18-0.30.940.58-0.540.490.960.810.851.0
0.920.850.930.90.4-0.070.9-0.650.840.770.680.09-0.040.680.650.69-0.340.830.9-0.50.630.80.960.710.69
0.390.180.230.430.87-0.050.33-0.610.230.210.650.090.990.650.28-0.09-0.190.47-0.060.02-0.230.450.170.320.62
0.260.070.10.310.8-0.060.19-0.50.170.080.55-0.040.990.550.16-0.13-0.140.33-0.20.14-0.330.320.040.190.52
0.910.770.830.930.890.030.85-0.960.560.771.00.680.650.550.870.18-0.30.940.58-0.540.490.960.810.851.0
0.830.750.780.830.620.090.75-0.840.410.770.870.650.280.160.870.02-0.340.840.67-0.770.790.90.790.870.89
0.470.480.570.450.03-0.30.5-0.190.70.430.180.69-0.09-0.130.180.02-0.260.350.40.010.140.270.560.20.17
-0.35-0.05-0.3-0.35-0.070.72-0.270.33-0.34-0.32-0.3-0.34-0.19-0.14-0.3-0.34-0.26-0.27-0.220.59-0.14-0.27-0.33-0.34-0.3
0.960.880.940.960.770.120.97-0.930.570.90.940.830.470.330.940.840.35-0.270.76-0.60.570.990.920.910.94
0.810.780.830.790.270.150.82-0.540.610.70.580.9-0.06-0.20.580.670.4-0.220.76-0.580.690.770.880.70.6
-0.57-0.42-0.56-0.56-0.230.17-0.560.62-0.15-0.7-0.54-0.50.020.14-0.54-0.770.010.59-0.6-0.58-0.62-0.63-0.61-0.78-0.56
0.630.760.650.620.180.230.55-0.470.390.60.490.63-0.23-0.330.490.790.14-0.140.570.69-0.620.630.680.650.53
0.960.880.920.960.770.130.94-0.930.550.870.960.80.450.320.960.90.27-0.270.990.77-0.630.630.920.910.96
0.960.90.990.950.52-0.020.97-0.770.720.860.810.960.170.040.810.790.56-0.330.920.88-0.610.680.920.820.82
0.850.80.830.850.650.20.82-0.920.370.950.850.710.320.190.850.870.2-0.340.910.7-0.780.650.910.820.86
0.920.780.840.930.880.050.85-0.960.550.781.00.690.620.521.00.890.17-0.30.940.6-0.560.530.960.820.86
Click cells to compare fundamentals

Zedge Account Relationship Matchups

Zedge fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets12.0M37.5M54.6M46.8M38.2M25.0M
Other Current Liab978K1.7M3.9M2.6M2.9M1.7M
Total Current Liabilities2.8M4.2M8.7M5.8M6.3M3.8M
Total Stockholder Equity8.9M33.2M44.2M38.9M30.9M20.6M
Net Tangible Assets4.7M8.9M30.9M12.4M14.2M10.2M
Property Plant And Equipment Net2.6M2.0M1.7M2.2M2.3M2.5M
Current Deferred Revenue1.3M1.8M3.4M2.4M2.2M1.3M
Net Debt(4.8M)(24.7M)(16.9M)(16.1M)(19.9M)(18.9M)
Retained Earnings(15.8M)(7.6M)2.2M(3.9M)(13.1M)(13.8M)
Accounts Payable290K585K1.2M669K1.1M1.2M
Cash5.1M24.9M17.1M18.1M20.0M10.4M
Non Current Assets Total5.3M9.9M34.7M25.3M14.2M12.0M
Non Currrent Assets Other471K5.1M400K556K355K337.3K
Other Assets120K154K5.6M1K1.2K1.1K
Cash And Short Term Investments5.1M24.9M17.1M18.1M20.0M10.4M
Net Receivables1.4M2.5M2.4M3.5M4.0M2.3M
Good Will2.2M2.3M10.8M2.0M1.8M3.4M
Common Stock Total Equity103K104K123K5K5.8K5.5K
Common Stock Shares Outstanding11.1M14.0M14.9M14.1M14.1M12.5M
Liabilities And Stockholders Equity12.0M37.5M54.6M46.8M38.2M25.0M
Non Current Liabilities Total282K145K1.8M2.2M1.0M690.4K
Inventory123K111K1.0(569K)(593K)(563.4K)
Other Current Assets113K49K396K569K593K296.6K
Other Stockholder Equity25.6M41.6M43.3M44.2M45.7M32.4M
Total Liab3.1M4.3M10.4M8.0M7.3M4.4M
Property Plant And Equipment Gross2.6M8.2M8.9M10.0M11.5M12.0M
Total Current Assets6.8M27.6M19.9M21.6M24.0M13.0M
Accumulated Other Comprehensive Income(1.1M)(997K)(1.4M)(1.5M)(1.8M)(1.7M)
Short Term Debt232K86K142K124K85K80.8K
Common Stock104K123K144K151K154K111.8K
Property Plant Equipment3.4M2.6M2.0M1.7M1.9M2.5M
Retained Earnings Total Equity(11.9M)(15.2M)(15.8M)(7.6M)(6.8M)(7.1M)
Capital Surpluse22.5M23.1M25.7M41.7M47.9M27.2M
Net Invested Capital9.1M33.2M44.2M40.8M47.0M24.4M

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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 Zedge Inc is a strong investment it is important to analyze Zedge'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 Zedge's future performance. For an informed investment choice regarding Zedge 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 Zedge Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.
You can also try the Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.
Is Interactive Media & Services space 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 Zedge. If investors know Zedge 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 Zedge 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
(0.96)
Earnings Share
(0.65)
Revenue Per Share
2.135
Quarterly Revenue Growth
0.143
Return On Assets
0.0023
The market value of Zedge Inc is measured differently than its book value, which is the value of Zedge that is recorded on the company's balance sheet. Investors also form their own opinion of Zedge's value that differs from its market value or its book value, called intrinsic value, which is Zedge'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 Zedge's market value can be influenced by many factors that don't directly affect Zedge'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 Zedge's value and its price as these two are different measures arrived at by different means. Investors typically determine if Zedge is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Zedge'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.