Zions Common Stock Shares Outstanding vs Total Stockholder Equity Analysis
ZION Stock | USD 60.21 0.52 0.87% |
Zions Bancorporation financial indicator trend analysis is more than just analyzing Zions Bancorporation current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Zions Bancorporation is a good investment. Please check the relationship between Zions Bancorporation Common Stock Shares Outstanding and its Total Stockholder Equity accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Zions Bancorporation. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons. To learn how to invest in Zions Stock, please use our How to Invest in Zions Bancorporation guide.
Common Stock Shares Outstanding vs Total Stockholder Equity
Common Stock Shares Outstanding vs Total Stockholder Equity Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Zions Bancorporation Common Stock Shares Outstanding account and Total Stockholder Equity. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Zions Bancorporation's Common Stock Shares Outstanding and Total Stockholder Equity is 0.93. Overlapping area represents the amount of variation of Common Stock Shares Outstanding that can explain the historical movement of Total Stockholder Equity in the same time period over historical financial statements of Zions Bancorporation, assuming nothing else is changed. The correlation between historical values of Zions Bancorporation's Common Stock Shares Outstanding and Total Stockholder Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock Shares Outstanding of Zions Bancorporation are associated (or correlated) with its Total Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Stockholder Equity has no effect on the direction of Common Stock Shares Outstanding i.e., Zions Bancorporation's Common Stock Shares Outstanding and Total Stockholder Equity go up and down completely randomly.
Correlation Coefficient | 0.93 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Common Stock Shares Outstanding
The total number of shares of a company's common stock that are currently owned by all its shareholders.Total Stockholder Equity
The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.Most indicators from Zions Bancorporation's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Zions Bancorporation 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 Zions Bancorporation. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons. To learn how to invest in Zions Stock, please use our How to Invest in Zions Bancorporation guide.At this time, Zions Bancorporation's Tax Provision is very stable compared to the past year. As of the 14th of November 2024, Enterprise Value Over EBITDA is likely to grow to 8.07, while Selling General Administrative is likely to drop about 677.4 M.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 2.9B | 3.3B | 2.7B | 1.7B | Total Revenue | 2.9B | 3.3B | 2.7B | 1.7B |
Zions Bancorporation fundamental ratios Correlations
Click cells to compare fundamentals
Zions Bancorporation Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Zions Bancorporation fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 69.2B | 81.5B | 93.2B | 89.5B | 87.2B | 91.6B | |
Short Long Term Debt Total | 2.7B | 3.2B | 1.8B | 7.8B | 2.1B | 1.8B | |
Other Current Liab | (1B) | 69.7B | 82.8B | 5.5B | 12.7B | 23.9B | |
Total Current Liabilities | 1B | 1.9B | 802M | 1.3B | 14.2B | 14.9B | |
Total Stockholder Equity | 7.4B | 7.9B | 7.5B | 4.9B | 5.5B | 3.8B | |
Property Plant And Equipment Net | 1.1B | 1.2B | 1.3B | 1.4B | 1.6B | 1.7B | |
Net Debt | 275M | (281M) | (9.9B) | 5.8B | 2.5B | 2.7B | |
Retained Earnings | 4.0B | 4.3B | 5.2B | 5.8B | 6.2B | 6.5B | |
Non Currrent Assets Other | (310M) | (360M) | (28.0B) | (24.7B) | (4.6B) | (4.4B) | |
Other Assets | 36.1B | 44.1B | 29.9B | 80.9B | (662M) | (628.9M) | |
Common Stock Shares Outstanding | 186.5M | 165.6M | 160.2M | 150.3M | 147.8M | 120.4M | |
Liabilities And Stockholders Equity | 69.2B | 81.5B | 93.2B | 89.5B | 87.2B | 91.6B | |
Non Current Liabilities Total | 1.7B | 1.3B | 1.0B | 82.5B | 67.3B | 70.7B | |
Total Liab | 61.8B | 1.3B | 1.0B | 84.7B | 81.5B | 85.6B | |
Property Plant And Equipment Gross | 1.1B | 1.2B | 2.3B | 2.4B | 2.5B | 2.6B | |
Common Stock | 2.7B | 2.7B | 1.9B | 1.8B | 1.7B | 2.4B | |
Non Current Assets Total | 17.6B | 19.7B | 28.0B | 2.4B | 83.6B | 87.8B | |
Cash | 1.4B | 1.6B | 10.9B | 2.0B | 662M | 628.9M | |
Cash And Short Term Investments | 15.2B | 17.3B | 34.9B | 13.9B | 662M | 628.9M | |
Total Current Assets | 15.5B | 17.7B | 35.3B | 6.2B | 4.2B | 4.0B | |
Short Term Debt | 1B | 1.9B | 802M | 7.1B | 1.5B | 812.5M | |
Accumulated Other Comprehensive Income | 43M | 325M | (80M) | (3.1B) | (2.8B) | (2.7B) | |
Other Current Assets | 2.1B | 7.9B | 13.6B | (8.1B) | 3.6B | 3.4B | |
Other Liab | 693M | 1.0B | 1.0B | 1.3B | 1.5B | 1.5B | |
Accounts Payable | 57.1B | 69.7B | 82.8B | 71.7B | 82.4B | 47.9B | |
Long Term Debt | 1.7B | 1.3B | 1.0B | 651M | 538M | 511.1M | |
Short Term Investments | 13.7B | 15.7B | 24.0B | 11.9B | 10.3B | 7.5B | |
Inventory | (2.1B) | (7.9B) | (13.6B) | 3M | (1.0B) | (1.1B) | |
Property Plant Equipment | 1.1B | 1.2B | 1.3B | 1.6B | 1.8B | 1.9B | |
Net Receivables | 327M | 334M | 320M | 386M | 383M | 316.4M | |
Net Tangible Assets | 5.8B | 6.3B | 6.0B | 3.4B | 3.9B | 5.7B | |
Retained Earnings Total Equity | 4.0B | 4.3B | 5.2B | 5.8B | 6.7B | 7.0B | |
Long Term Debt Total | 1.7B | 1.3B | 1.0B | 651M | 585.9M | 988.5M | |
Long Term Investments | 50.0B | 17.5B | 25.7B | 24.6B | 21.0B | 29.0B |
Pair Trading with Zions Bancorporation
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Zions Bancorporation position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Zions Bancorporation will appreciate offsetting losses from the drop in the long position's value.Moving together with Zions Stock
0.89 | AX | Axos Financial | PairCorr |
0.87 | BY | Byline Bancorp Fiscal Year End 23rd of January 2025 | PairCorr |
0.66 | NU | Nu Holdings Earnings Call Today | PairCorr |
The ability to find closely correlated positions to Zions Bancorporation could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Zions Bancorporation when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Zions Bancorporation - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Zions Bancorporation to buy it.
The correlation of Zions Bancorporation is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Zions Bancorporation moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Zions Bancorporation moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Zions Bancorporation can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Zions Bancorporation. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons. To learn how to invest in Zions Stock, please use our How to Invest in Zions Bancorporation guide.You can also try the Earnings Calls module to check upcoming earnings announcements updated hourly across public exchanges.
Is Regional Banks 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 Zions Bancorporation. If investors know Zions 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 Zions Bancorporation 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 0.212 | Dividend Share 1.64 | Earnings Share 4.43 | Revenue Per Share 20.433 | Quarterly Revenue Growth 0.076 |
The market value of Zions Bancorporation is measured differently than its book value, which is the value of Zions that is recorded on the company's balance sheet. Investors also form their own opinion of Zions Bancorporation's value that differs from its market value or its book value, called intrinsic value, which is Zions Bancorporation'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 Zions Bancorporation's market value can be influenced by many factors that don't directly affect Zions Bancorporation'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 Zions Bancorporation's value and its price as these two are different measures arrived at by different means. Investors typically determine if Zions Bancorporation is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Zions Bancorporation'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.