ZimVie Short Term Debt vs Long Term Debt Analysis

ZIMV Stock

USD 13.87 0.28 1.98%

ZimVie financial indicator trend analysis is more than just analyzing ZimVie Inc current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether ZimVie Inc is a good investment. Please check the relationship between ZimVie Short Term Debt and its Long Term Debt accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in ZimVie 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 population.

Short Term Debt vs Long Term Debt

Short Term Debt vs Long Term Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of ZimVie Inc Short Term Debt account and Long Term Debt. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between ZimVie's Short Term Debt and Long Term Debt is -0.47. Overlapping area represents the amount of variation of Short Term Debt that can explain the historical movement of Long Term Debt in the same time period over historical financial statements of ZimVie Inc, assuming nothing else is changed. The correlation between historical values of ZimVie's Short Term Debt and Long Term Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Term Debt of ZimVie Inc are associated (or correlated) with its Long Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Debt has no effect on the direction of Short Term Debt i.e., ZimVie's Short Term Debt and Long Term Debt go up and down completely randomly.

Correlation Coefficient

-0.47

Relationship Direction	Negative
Relationship Strength	Very Weak

View All Relationships

Short Term Debt

Long Term Debt

Long-term debt is a debt that ZimVie Inc has held for over one year. Long-term debt appears on ZimVie Inc balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on ZimVie Inc balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.

Most indicators from ZimVie's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into ZimVie 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 ZimVie 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 population.

Tax Provision is likely to drop to about (22.2 M) in 2024. Selling General Administrative is likely to drop to about 443.4 M in 2024

	2022	2023	2024 (projected)
Interest Expense	18.3M	20.2M	21.2M
Depreciation And Amortization	122.8M	121.7M	105.5M

Interest Expense Depreciation And Amortization

ZimVie fundamental ratios Correlations

	Common Stock Shares Outstanding	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Net Tangible Assets	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Long Term Debt	Cash And Short Term Investments	Net Receivables	Good Will	Non Current Liabilities Total	Capital Lease Obligations	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab
Common Stock Shares Outstanding		-0.6	0.3	0.31	-0.7	-0.67	-0.48	0.23	-0.74	-0.65	0.6	-0.6	0.31	-0.54	0.74	0.36	0.26	0.31	-0.52	-0.52	0.31	-0.68	-0.77	0.79	0.31	0.34
Total Assets	-0.6		-0.84	-0.61	0.54	0.98	0.95	-0.88	0.97	0.5	-0.88	0.98	-0.72	1.0	-0.67	-0.66	-0.82	-0.72	0.92	0.87	-0.82	0.98	0.93	-0.89	-0.77	-0.81
Short Long Term Debt Total	0.3	-0.84		0.41	-0.18	-0.88	-0.92	0.97	-0.76	-0.1	0.93	-0.77	0.62	-0.85	0.27	0.33	0.76	0.62	-0.69	-0.67	1.0	-0.86	-0.69	0.63	0.6	0.99
Other Current Liab	0.31	-0.61	0.41		-0.58	-0.53	-0.46	0.53	-0.67	-0.83	0.45	-0.74	0.04	-0.59	0.83	0.11	0.22	0.04	-0.83	-0.24	0.42	-0.55	-0.73	0.77	0.15	0.37
Total Current Liabilities	-0.7	0.54	-0.18	-0.58		0.51	0.46	-0.29	0.64	0.85	-0.36	0.66	-0.39	0.49	-0.83	-0.41	-0.35	-0.39	0.71	0.25	-0.19	0.57	0.76	-0.76	-0.41	-0.15
Total Stockholder Equity	-0.67	0.98	-0.88	-0.53	0.51		0.95	-0.87	0.97	0.45	-0.95	0.94	-0.68	0.97	-0.63	-0.56	-0.77	-0.68	0.86	0.84	-0.87	1.0	0.93	-0.89	-0.7	-0.87
Other Liab	-0.48	0.95	-0.92	-0.46	0.46	0.95		-0.95	0.89	0.31	-0.9	0.91	-0.82	0.96	-0.48	-0.63	-0.9	-0.82	0.84	0.81	-0.91	0.96	0.85	-0.78	-0.82	-0.89
Net Tangible Assets	0.23	-0.88	0.97	0.53	-0.29	-0.87	-0.95		-0.78	-0.2	0.87	-0.84	0.69	-0.9	0.35	0.44	0.83	0.69	-0.8	-0.68	0.96	-0.86	-0.73	0.67	0.69	0.93
Property Plant And Equipment Net	-0.74	0.97	-0.76	-0.67	0.64	0.97	0.89	-0.78		0.64	-0.88	0.97	-0.59	0.95	-0.79	-0.56	-0.69	-0.59	0.92	0.8	-0.76	0.98	0.98	-0.97	-0.65	-0.75
Current Deferred Revenue	-0.65	0.5	-0.1	-0.83	0.85	0.45	0.31	-0.2	0.64		-0.3	0.65	-0.03	0.45	-0.97	-0.21	-0.09	-0.03	0.72	0.2	-0.11	0.49	0.75	-0.8	-0.14	-0.08
Net Debt	0.6	-0.88	0.93	0.45	-0.36	-0.95	-0.9	0.87	-0.88	-0.3		-0.82	0.56	-0.87	0.48	0.32	0.66	0.56	-0.72	-0.7	0.94	-0.94	-0.83	0.79	0.53	0.95
Accounts Payable	-0.6	0.98	-0.77	-0.74	0.66	0.94	0.91	-0.84	0.97	0.65	-0.82		-0.64	0.97	-0.78	-0.6	-0.75	-0.64	0.98	0.76	-0.76	0.95	0.97	-0.94	-0.71	-0.74
Cash	0.31	-0.72	0.62	0.04	-0.39	-0.68	-0.82	0.69	-0.59	-0.03	0.56	-0.64		-0.74	0.18	0.86	0.97	1.0	-0.57	-0.77	0.59	-0.7	-0.55	0.44	0.98	0.57
Non Current Assets Total	-0.54	1.0	-0.85	-0.59	0.49	0.97	0.96	-0.9	0.95	0.45	-0.87	0.97	-0.74		-0.62	-0.68	-0.85	-0.74	0.91	0.88	-0.84	0.97	0.9	-0.86	-0.8	-0.82
Non Currrent Assets Other	0.74	-0.67	0.27	0.83	-0.83	-0.63	-0.48	0.35	-0.79	-0.97	0.48	-0.78	0.18	-0.62		0.35	0.25	0.18	-0.82	-0.42	0.28	-0.65	-0.86	0.91	0.29	0.26
Other Assets	0.36	-0.66	0.33	0.11	-0.41	-0.56	-0.63	0.44	-0.56	-0.21	0.32	-0.6	0.86	-0.68	0.35		0.83	0.86	-0.56	-0.83	0.29	-0.57	-0.52	0.45	0.93	0.27
Long Term Debt	0.26	-0.82	0.76	0.22	-0.35	-0.77	-0.9	0.83	-0.69	-0.09	0.66	-0.75	0.97	-0.85	0.25	0.83		0.97	-0.69	-0.82	0.72	-0.78	-0.63	0.53	0.97	0.7
Cash And Short Term Investments	0.31	-0.72	0.62	0.04	-0.39	-0.68	-0.82	0.69	-0.59	-0.03	0.56	-0.64	1.0	-0.74	0.18	0.86	0.97		-0.57	-0.77	0.59	-0.7	-0.55	0.44	0.98	0.57
Net Receivables	-0.52	0.92	-0.69	-0.83	0.71	0.86	0.84	-0.8	0.92	0.72	-0.72	0.98	-0.57	0.91	-0.82	-0.56	-0.69	-0.57		0.65	-0.68	0.88	0.94	-0.92	-0.65	-0.64
Good Will	-0.52	0.87	-0.67	-0.24	0.25	0.84	0.81	-0.68	0.8	0.2	-0.7	0.76	-0.77	0.88	-0.42	-0.83	-0.82	-0.77	0.65		-0.64	0.82	0.69	-0.65	-0.83	-0.65
Non Current Liabilities Total	0.31	-0.82	1.0	0.42	-0.19	-0.87	-0.91	0.96	-0.76	-0.11	0.94	-0.76	0.59	-0.84	0.28	0.29	0.72	0.59	-0.68	-0.64		-0.86	-0.69	0.64	0.56	1.0
Capital Lease Obligations	-0.68	0.98	-0.86	-0.55	0.57	1.0	0.96	-0.86	0.98	0.49	-0.94	0.95	-0.7	0.97	-0.65	-0.57	-0.78	-0.7	0.88	0.82	-0.86		0.94	-0.91	-0.72	-0.85
Inventory	-0.77	0.93	-0.69	-0.73	0.76	0.93	0.85	-0.73	0.98	0.75	-0.83	0.97	-0.55	0.9	-0.86	-0.52	-0.63	-0.55	0.94	0.69	-0.69	0.94		-0.99	-0.6	-0.68
Other Current Assets	0.79	-0.89	0.63	0.77	-0.76	-0.89	-0.78	0.67	-0.97	-0.8	0.79	-0.94	0.44	-0.86	0.91	0.45	0.53	0.44	-0.92	-0.65	0.64	-0.91	-0.99		0.5	0.62
Other Stockholder Equity	0.31	-0.77	0.6	0.15	-0.41	-0.7	-0.82	0.69	-0.65	-0.14	0.53	-0.71	0.98	-0.8	0.29	0.93	0.97	0.98	-0.65	-0.83	0.56	-0.72	-0.6	0.5		0.54
Total Liab	0.34	-0.81	0.99	0.37	-0.15	-0.87	-0.89	0.93	-0.75	-0.08	0.95	-0.74	0.57	-0.82	0.26	0.27	0.7	0.57	-0.64	-0.65	1.0	-0.85	-0.68	0.62	0.54

Click cells to compare fundamentals

ZimVie Account Relationship Matchups

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.

Explore Investing Ideas

Additional Tools for ZimVie Stock Analysis

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

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

ZimVie Short Term Debt vs Long Term Debt Analysis

Short Term Debt vs Long Term Debt

Short Term Debt vs Long Term Debt Correlation Analysis

Correlation Coefficient

Short Term Debt

Long Term Debt

ZimVie fundamental ratios Correlations

ZimVie Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Thematic Opportunities

Explore Investment Opportunities

Additional Tools for ZimVie Stock Analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Non Current Assets Total	+ 1.0	Total Assets
Non Current Liabilities Total	+ 1.0	Short Long Term Debt Total
Capital Lease Obligations	+ 1.0	Total Stockholder Equity
Cash And Short Term Investments	+ 1.0	Cash
Total Liab	+ 1.0	Non Current Liabilities Total
Total Liab	+ 0.99	Short Long Term Debt Total

Other Current Assets	- 0.99	Inventory
Non Currrent Assets Other	- 0.97	Current Deferred Revenue
Other Current Assets	- 0.97	Property Plant And Equipment Net
Net Tangible Assets	- 0.95	Other Liab
Net Debt	- 0.95	Total Stockholder Equity
Other Current Assets	- 0.94	Accounts Payable