Zions Net Tangible Assets vs Intangible Assets Analysis

ZION Stock  USD 55.38  0.20  0.36%   
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 Net Tangible Assets and its Intangible Assets 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.

Net Tangible Assets vs Intangible Assets

Net Tangible Assets vs Intangible Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Zions Bancorporation Net Tangible Assets account and Intangible Assets. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Zions Bancorporation's Net Tangible Assets and Intangible Assets is -0.44. Overlapping area represents the amount of variation of Net Tangible Assets that can explain the historical movement of Intangible Assets 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 Net Tangible Assets and Intangible Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Tangible Assets of Zions Bancorporation are associated (or correlated) with its Intangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Intangible Assets has no effect on the direction of Net Tangible Assets i.e., Zions Bancorporation's Net Tangible Assets and Intangible Assets go up and down completely randomly.

Correlation Coefficient

-0.44
Relationship DirectionNegative 
Relationship StrengthVery Weak

Net Tangible Assets

The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.

Intangible Assets

Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.
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 25th of July 2025, Enterprise Value Over EBITDA is likely to grow to 8.18, while Selling General Administrative is likely to drop about 701.8 M.
 2022 2023 2024 2025 (projected)
Gross Profit3.0B3.0B3.1B1.6B
Total Revenue3.3B4.6B5.0B5.2B

Zions Bancorporation fundamental ratios Correlations

0.510.790.480.460.980.230.88-0.250.170.240.290.48-0.160.440.89-0.040.650.020.580.610.050.48-0.490.830.88
0.510.40.6-0.030.560.740.55-0.180.37-0.090.010.41-0.290.520.57-0.260.62-0.340.050.24-0.220.97-0.530.490.47
0.790.40.490.270.730.070.67-0.160.170.220.140.36-0.060.260.76-0.010.610.170.460.40.130.41-0.220.750.7
0.480.60.49-0.340.470.560.64-0.14-0.04-0.26-0.330.82-0.360.660.68-0.390.97-0.14-0.27-0.21-0.590.57-0.540.750.33
0.46-0.030.27-0.340.43-0.380.040.080.420.570.92-0.090.40.050.050.71-0.190.30.660.540.62-0.10.34-0.020.5
0.980.560.730.470.430.360.91-0.280.190.230.270.39-0.130.510.89-0.070.64-0.150.520.640.050.56-0.550.830.86
0.230.740.070.56-0.380.360.5-0.220.11-0.25-0.350.21-0.280.490.4-0.510.53-0.83-0.370.05-0.470.81-0.710.470.16
0.880.550.670.640.040.910.5-0.35-0.05-0.03-0.140.47-0.360.470.96-0.450.77-0.270.310.49-0.240.58-0.770.930.77
-0.25-0.18-0.16-0.140.08-0.28-0.22-0.35-0.030.470.250.050.420.24-0.340.47-0.260.29-0.39-0.590.42-0.230.42-0.28-0.31
0.170.370.17-0.040.420.190.11-0.05-0.030.320.57-0.010.180.28-0.040.480.01-0.070.190.240.370.320.26-0.040.14
0.24-0.090.22-0.260.570.23-0.25-0.030.470.320.67-0.130.350.250.00.65-0.20.20.280.190.71-0.10.37-0.010.24
0.290.010.14-0.330.920.27-0.35-0.140.250.570.67-0.090.490.22-0.110.88-0.240.280.460.330.71-0.070.53-0.180.27
0.480.410.360.82-0.090.390.210.470.05-0.01-0.13-0.09-0.410.560.5-0.140.80.21-0.17-0.29-0.50.26-0.330.60.31
-0.16-0.29-0.06-0.360.4-0.13-0.28-0.360.420.180.350.49-0.410.05-0.30.62-0.370.150.03-0.060.58-0.230.5-0.26-0.16
0.440.520.260.660.050.510.490.470.240.280.250.220.560.050.480.140.65-0.24-0.26-0.160.00.51-0.20.490.22
0.890.570.760.680.050.890.40.96-0.34-0.040.0-0.110.5-0.30.48-0.40.81-0.080.390.48-0.20.6-0.70.920.8
-0.04-0.26-0.01-0.390.71-0.07-0.51-0.450.470.480.650.88-0.140.620.14-0.4-0.380.380.15-0.060.72-0.340.79-0.38-0.14
0.650.620.610.97-0.190.640.530.77-0.260.01-0.2-0.240.8-0.370.650.81-0.38-0.14-0.070.01-0.530.6-0.60.850.5
0.02-0.340.17-0.140.3-0.15-0.83-0.270.29-0.070.20.280.210.15-0.24-0.080.38-0.140.39-0.130.28-0.470.48-0.180.06
0.580.050.46-0.270.660.52-0.370.31-0.390.190.280.46-0.170.03-0.260.390.15-0.070.390.860.410.03-0.030.180.7
0.610.240.4-0.210.540.640.050.49-0.590.240.190.33-0.29-0.06-0.160.48-0.060.01-0.130.860.280.29-0.310.30.71
0.05-0.220.13-0.590.620.05-0.47-0.240.420.370.710.71-0.50.580.0-0.20.72-0.530.280.410.28-0.180.62-0.310.03
0.480.970.410.57-0.10.560.810.58-0.230.32-0.1-0.070.26-0.230.510.6-0.340.6-0.470.030.29-0.18-0.570.50.45
-0.49-0.53-0.22-0.540.34-0.55-0.71-0.770.420.260.370.53-0.330.5-0.2-0.70.79-0.60.48-0.03-0.310.62-0.57-0.7-0.49
0.830.490.750.75-0.020.830.470.93-0.28-0.04-0.01-0.180.6-0.260.490.92-0.380.85-0.180.180.3-0.310.5-0.70.7
0.880.470.70.330.50.860.160.77-0.310.140.240.270.31-0.160.220.8-0.140.50.060.70.710.030.45-0.490.7
Click cells to compare fundamentals

Zions Bancorporation Account Relationship Matchups

Zions Bancorporation fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets81.5B93.2B89.5B87.2B88.8B93.2B
Short Long Term Debt Total3.2B1.8B11.1B4.5B4.4B3.2B
Other Current Liab69.7B82.8B71.7B75.0B76.2B80.0B
Total Current Liabilities1.9B802M82.1B79.0B79.6B83.6B
Total Stockholder Equity7.9B7.5B4.9B5.7B6.1B3.9B
Property Plant And Equipment Net1.2B1.3B1.4B1.4B1.4B1.4B
Net Debt(281M)(9.9B)9.1B2.3B866M909.3M
Retained Earnings4.3B5.2B5.8B6.2B6.7B7.0B
Non Currrent Assets Other(360M)(28.0B)6.7B4.4B5.0B3.8B
Other Assets44.1B29.9B80.9B(1.9B)62.2B34.7B
Common Stock Shares Outstanding165.6M160.2M150.3M147.8M147.2M121.4M
Liabilities And Stockholders Equity81.5B93.2B89.5B87.2B88.8B93.2B
Non Current Liabilities Total1.3B1.0B2.6B2.6B3.0B3.2B
Total Liab1.3B1.0B84.7B81.5B82.7B86.8B
Property Plant And Equipment Gross1.2B2.3B2.4B2.5B2.3B2.4B
Common Stock2.7B1.9B1.8B1.7B1.7B2.4B
Non Current Assets Total19.7B28.0B75.2B74.3B75.8B79.6B
Cash1.6B10.9B2.0B2.2B3.5B2.9B
Cash And Short Term Investments17.3B34.9B13.9B12.5B12.6B8.3B
Short Term Investments15.7B24.0B11.9B10.3B9.1B5.7B
Total Current Assets17.7B35.3B14.3B12.9B13.0B14.7B
Short Term Debt1.9B802M10.4B4.0B3.4B2.4B
Accumulated Other Comprehensive Income325M(80M)(3.1B)(2.7B)(2.4B)(2.3B)
Other Current Assets7.9B13.6B(8.1B)3.6B5.0B4.7B
Other Liab693M1.0B1.0B1.3B1.5B1.5B
Accounts Payable57.1B69.7B82.8B71.7B82.4B47.9B
Long Term Debt1.3B1.0B651M538M946M1.2B
Inventory(7.9B)(13.6B)3M(1.0B)(940.5M)(987.5M)
Property Plant Equipment1.1B1.2B1.3B1.6B1.8B1.9B
Net Tangible Assets5.8B6.3B6.0B3.4B3.9B5.7B
Retained Earnings Total Equity4.0B4.3B5.2B5.8B6.7B7.0B
Long Term Debt Total1.7B1.3B1.0B651M585.9M988.5M
Long Term Investments17.5B25.7B24.6B21.0B19.1B28.0B

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

  0.99AX Axos Financial Earnings Call This WeekPairCorr
  0.84BY Byline BancorpPairCorr
  0.87DB Deutsche Bank AG Normal TradingPairCorr
  0.84KB KB Financial GroupPairCorr
  0.73NU Nu Holdings Sell-off TrendPairCorr

Moving against Zions Stock

  0.56TFC-PI Truist FinancialPairCorr
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.
Pair CorrelationCorrelation Matching
When determining whether Zions Bancorporation offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Zions Bancorporation'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 Zions Bancorporation Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Zions Bancorporation Stock:
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 ETF Categories module to list of ETF categories grouped based on various criteria, such as the investment strategy or type of investments.
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
0.273
Dividend Share
1.7
Earnings Share
5.48
Revenue Per Share
21.564
Quarterly Revenue Growth
0.088
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.