Zscaler Free Cash Flow Per Share vs Free Cash Flow Analysis

ZS Stock

USD 186.91 2.01 1.09%

Zscaler financial indicator trend analysis is more than just analyzing Zscaler current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Zscaler is a good investment. Please check the relationship between Zscaler Free Cash Flow Per Share and its Free Cash Flow accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Zscaler. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.

For more information on how to buy Zscaler Stock please use our How to Invest in Zscaler guide.

Free Cash Flow Per Share vs Free Cash Flow

Free Cash Flow Per Share vs Free Cash Flow Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Zscaler Free Cash Flow Per Share account and Free Cash Flow. At this time, the significance of the direction appears to have totally related.

The correlation between Zscaler's Free Cash Flow Per Share and Free Cash Flow is 1.0. Overlapping area represents the amount of variation of Free Cash Flow Per Share that can explain the historical movement of Free Cash Flow in the same time period over historical financial statements of Zscaler, assuming nothing else is changed. The correlation between historical values of Zscaler's Free Cash Flow Per Share and Free Cash Flow is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Free Cash Flow Per Share of Zscaler are associated (or correlated) with its Free Cash Flow. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Free Cash Flow has no effect on the direction of Free Cash Flow Per Share i.e., Zscaler's Free Cash Flow Per Share and Free Cash Flow go up and down completely randomly.

Correlation Coefficient

1.0

Relationship Direction	Positive
Relationship Strength	Very Strong

View All Relationships

Free Cash Flow Per Share

The amount of cash a company generates after accounting for capital expenditures, divided by the number of outstanding shares. It represents the cash available for dividends, share buybacks, or debt repayment per share.

Free Cash Flow

The amount of cash a company generates after accounting for cash outflows to support operations and maintain its capital assets.

Most indicators from Zscaler's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Zscaler 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 Zscaler. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.

For more information on how to buy Zscaler Stock please use our How to Invest in Zscaler guide.At this time, Zscaler's Tax Provision is comparatively stable compared to the past year. Selling General Administrative is likely to gain to about 222.7 M in 2024, despite the fact that Enterprise Value Over EBITDA is likely to grow to (624.27).

	2021	2022	2023	2024 (projected)
Interest Income	4.6M	60.5M	109.1M	114.6M
Tax Provision	6.6M	19.8M	28.5M	29.9M

Interest Income Tax Provision

Zscaler fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Net Tangible Assets	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Capital Surpluse	Other Current Assets	Other Stockholder Equity	Total Liab	Deferred Long Term Liab	Total Current Assets	Common Stock	Property Plant Equipment	Current Deferred Revenue
Total Assets		0.96	0.96	0.98	0.98	0.93	0.99	0.08	-0.97	0.94	0.95	0.97	0.98	0.39	0.99	0.99	0.79	0.98	0.97	0.99	1.0	0.99	0.99	0.75	0.99	0.99
Other Current Liab	0.96		0.94	0.93	0.96	0.83	0.97	-0.06	-0.94	0.89	0.96	0.95	0.96	0.32	0.93	0.97	0.78	0.91	0.95	0.96	0.96	0.95	0.94	0.6	0.97	0.97
Total Current Liabilities	0.96	0.94		0.98	0.97	0.84	0.99	-0.15	-0.9	0.87	0.94	1.0	0.99	0.13	0.9	0.97	0.67	0.89	0.96	0.95	0.94	0.94	0.92	0.6	0.95	0.98
Total Stockholder Equity	0.98	0.93	0.98		0.96	0.93	0.98	0.03	-0.92	0.89	0.92	0.98	0.98	0.23	0.95	0.97	0.72	0.94	0.96	0.97	0.96	0.96	0.96	0.74	0.96	0.97
Other Liab	0.98	0.96	0.97	0.96		0.89	0.99	-0.11	-0.97	0.92	0.98	0.97	0.98	0.36	0.95	1.0	0.74	0.95	0.99	0.98	0.98	0.99	0.96	0.69	0.99	1.0
Net Tangible Assets	0.93	0.83	0.84	0.93	0.89		0.89	0.23	-0.9	0.89	0.83	0.85	0.88	0.49	0.95	0.89	0.74	0.97	0.88	0.93	0.93	0.92	0.95	0.93	0.91	0.89
Property Plant And Equipment Net	0.99	0.97	0.99	0.98	0.99	0.89		-0.05	-0.95	0.92	0.97	0.99	1.0	0.28	0.96	1.0	0.75	0.94	0.98	0.98	0.98	0.98	0.97	0.68	0.99	1.0
Net Debt	0.08	-0.06	-0.15	0.03	-0.11	0.23	-0.05		-0.01	-0.01	-0.2	-0.1	-0.09	0.38	0.2	-0.07	0.3	0.14	-0.07	0.06	0.09	0.01	0.14	0.36	0.02	-0.08
Retained Earnings	-0.97	-0.94	-0.9	-0.92	-0.97	-0.9	-0.95	-0.01		-0.98	-0.97	-0.91	-0.94	-0.53	-0.97	-0.97	-0.8	-0.98	-0.94	-0.97	-0.98	-0.99	-0.98	-0.76	-0.98	-0.97
Accounts Payable	0.94	0.89	0.87	0.89	0.92	0.89	0.92	-0.01	-0.98		0.93	0.89	0.91	0.52	0.93	0.93	0.76	0.97	0.87	0.95	0.94	0.96	0.94	0.77	0.94	0.93
Cash	0.95	0.96	0.94	0.92	0.98	0.83	0.97	-0.2	-0.97	0.93		0.94	0.96	0.37	0.91	0.98	0.71	0.92	0.96	0.95	0.95	0.97	0.94	0.63	0.97	0.98
Non Current Assets Total	0.97	0.95	1.0	0.98	0.97	0.85	0.99	-0.1	-0.91	0.89	0.94		1.0	0.16	0.92	0.98	0.7	0.91	0.96	0.96	0.95	0.95	0.94	0.63	0.96	0.98
Non Currrent Assets Other	0.98	0.96	0.99	0.98	0.98	0.88	1.0	-0.09	-0.94	0.91	0.96	1.0		0.23	0.94	0.99	0.72	0.93	0.97	0.97	0.97	0.97	0.95	0.66	0.97	0.99
Other Assets	0.39	0.32	0.13	0.23	0.36	0.49	0.28	0.38	-0.53	0.52	0.37	0.16	0.23		0.48	0.34	0.54	0.52	0.31	0.4	0.44	0.45	0.47	0.61	0.42	0.34
Cash And Short Term Investments	0.99	0.93	0.9	0.95	0.95	0.95	0.96	0.2	-0.97	0.93	0.91	0.92	0.94	0.48		0.96	0.82	0.98	0.94	0.98	0.99	0.98	1.0	0.81	0.98	0.96
Net Receivables	0.99	0.97	0.97	0.97	1.0	0.89	1.0	-0.07	-0.97	0.93	0.98	0.98	0.99	0.34	0.96		0.75	0.95	0.99	0.98	0.98	0.99	0.97	0.69	0.99	1.0
Common Stock Shares Outstanding	0.79	0.78	0.67	0.72	0.74	0.74	0.75	0.3	-0.8	0.76	0.71	0.7	0.72	0.54	0.82	0.75		0.79	0.73	0.83	0.81	0.78	0.81	0.64	0.8	0.75
Capital Surpluse	0.98	0.91	0.89	0.94	0.95	0.97	0.94	0.14	-0.98	0.97	0.92	0.91	0.93	0.52	0.98	0.95	0.79		0.92	0.98	0.98	0.98	0.99	0.86	0.97	0.95
Other Current Assets	0.97	0.95	0.96	0.96	0.99	0.88	0.98	-0.07	-0.94	0.87	0.96	0.96	0.97	0.31	0.94	0.99	0.73	0.92		0.96	0.97	0.96	0.96	0.68	0.98	0.98
Other Stockholder Equity	0.99	0.96	0.95	0.97	0.98	0.93	0.98	0.06	-0.97	0.95	0.95	0.96	0.97	0.4	0.98	0.98	0.83	0.98	0.96		0.99	0.99	0.99	0.76	0.99	0.99
Total Liab	1.0	0.96	0.94	0.96	0.98	0.93	0.98	0.09	-0.98	0.94	0.95	0.95	0.97	0.44	0.99	0.98	0.81	0.98	0.97	0.99		0.99	1.0	0.75	1.0	0.98
Deferred Long Term Liab	0.99	0.95	0.94	0.96	0.99	0.92	0.98	0.01	-0.99	0.96	0.97	0.95	0.97	0.45	0.98	0.99	0.78	0.98	0.96	0.99	0.99		0.99	0.75	1.0	0.99
Total Current Assets	0.99	0.94	0.92	0.96	0.96	0.95	0.97	0.14	-0.98	0.94	0.94	0.94	0.95	0.47	1.0	0.97	0.81	0.99	0.96	0.99	1.0	0.99		0.79	0.99	0.97
Common Stock	0.75	0.6	0.6	0.74	0.69	0.93	0.68	0.36	-0.76	0.77	0.63	0.63	0.66	0.61	0.81	0.69	0.64	0.86	0.68	0.76	0.75	0.75	0.79		0.73	0.69
Property Plant Equipment	0.99	0.97	0.95	0.96	0.99	0.91	0.99	0.02	-0.98	0.94	0.97	0.96	0.97	0.42	0.98	0.99	0.8	0.97	0.98	0.99	1.0	1.0	0.99	0.73		0.99
Current Deferred Revenue	0.99	0.97	0.98	0.97	1.0	0.89	1.0	-0.08	-0.97	0.93	0.98	0.98	0.99	0.34	0.96	1.0	0.75	0.95	0.98	0.99	0.98	0.99	0.97	0.69	0.99

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Zscaler Account Relationship Matchups

Zscaler fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	1.8B	2.3B	2.8B	3.6B	4.7B	4.9B
Other Current Liab	65.8M	116.5M	158.4M	201.8M	252.5M	265.1M
Total Current Liabilities	423.9M	720.2M	1.1B	1.5B	3.1B	3.3B
Total Stockholder Equity	484.8M	528.9M	573.3M	725.1M	1.3B	1.3B
Other Liab	35.1M	63.8M	105.3M	169.7M	195.1M	204.9M
Net Tangible Assets	430.7M	437.8M	462.9M	603.1M	693.5M	728.2M
Property Plant And Equipment Net	111.9M	152.9M	233.0M	313.0M	472.9M	496.5M
Net Debt	763.4M	688.7M	32.5M	(51.7M)	(185.1M)	(175.9M)
Retained Earnings	(339.6M)	(601.6M)	(991.9M)	(1.1B)	(1.1B)	(1.1B)
Accounts Payable	5.2M	12.5M	26.2M	18.5M	23.3M	24.5M
Cash	141.9M	275.9M	1.0B	1.3B	1.4B	1.5B
Non Current Assets Total	251.7M	409.3M	576.0M	718.0M	1.5B	1.5B
Non Currrent Assets Other	85.7M	165.3M	232.7M	289.9M	503.5M	528.7M
Other Assets	85.7M	165.3M	232.7M	275.1M	1.0	0.95
Cash And Short Term Investments	1.4B	1.5B	1.7B	2.1B	2.4B	2.5B
Net Receivables	147.6M	257.1M	399.7M	582.6M	736.5M	773.4M
Common Stock Shares Outstanding	129.3M	135.7M	140.9M	144.9M	149.6M	131.7M
Liabilities And Stockholders Equity	1.8B	2.3B	2.8B	3.6B	4.7B	4.9B
Capital Surpluse	532.6M	823.8M	1.1B	1.6B	1.8B	1.9B
Other Current Assets	31.4M	31.3M	39.4M	91.6M	101.6M	106.6M
Other Stockholder Equity	823.8M	1.1B	1.6B	1.8B	2.4B	2.5B
Total Liab	1.3B	1.7B	2.3B	2.9B	3.4B	3.6B
Deferred Long Term Liab	77.7M	149.7M	210.8M	259.4M	298.3M	313.2M
Total Current Assets	1.6B	1.8B	2.3B	2.9B	3.2B	3.4B
Accumulated Other Comprehensive Income	463K	(650K)	(25.9M)	(1.6M)	(4.8M)	(5.0M)
Common Stock	133K	139K	143K	147K	152K	111.3K
Property Plant Equipment	111.9M	152.9M	233.0M	313.0M	360.0M	378.0M
Current Deferred Revenue	337.3M	571.3M	923.7M	1.3B	1.6B	1.7B
Common Stock Total Equity	127K	133K	139K	143K	164.5K	109.2K
Non Current Liabilities Total	924.7M	1.0B	1.1B	1.3B	318.0M	587.1M
Inventory	32.2M	57.4M	86.2M	115.8M	133.2M	139.9M
Property Plant And Equipment Gross	111.9M	152.9M	233.0M	313.0M	723.2M	759.3M
Non Current Liabilities Other	2.6M	4.5M	7.9M	12.7M	22.1M	23.2M
Net Invested Capital	1.3B	1.4B	1.5B	1.9B	2.4B	1.2B
Net Working Capital	1.2B	1.1B	1.1B	1.4B	283.7M	269.5M
Good Will	30.1M	59.0M	78.5M	89.2M	417.0M	437.9M
Retained Earnings Total Equity	(224.5M)	(339.6M)	(601.6M)	(991.9M)	(892.7M)	(848.1M)
Short Term Investments	1.2B	1.2B	718.1M	838.0M	986.6M	856.0M

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