Zumiez Net Invested Capital vs Total Assets Analysis

ZUMZ Stock

USD 22.00 0.53 2.47%

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

Net Invested Capital vs Total Assets

Net Invested Capital vs Total Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Zumiez Inc Net Invested Capital account and Total Assets. At this time, the significance of the direction appears to have strong relationship.

The correlation between Zumiez's Net Invested Capital and Total Assets is 0.77. Overlapping area represents the amount of variation of Net Invested Capital that can explain the historical movement of Total Assets in the same time period over historical financial statements of Zumiez Inc, assuming nothing else is changed. The correlation between historical values of Zumiez's Net Invested Capital and Total 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 Invested Capital of Zumiez Inc are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Net Invested Capital i.e., Zumiez's Net Invested Capital and Total Assets go up and down completely randomly.

Correlation Coefficient

0.77

Relationship Direction	Positive
Relationship Strength	Significant

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Net Invested Capital

The total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents.

Total Assets

Total assets refers to the total amount of Zumiez assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Zumiez Inc books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

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

At this time, Zumiez's Enterprise Value Over EBITDA is fairly stable compared to the past year. Enterprise Value Multiple is likely to rise to 37.44 in 2024, whereas Selling General Administrative is likely to drop slightly above 190.9 M in 2024.

	2021	2022	2023	2024 (projected)
Gross Profit	456.7M	324.7M	280.9M	231.2M
Total Revenue	1.2B	958.4M	875.5M	664.4M

Gross Profit Total Revenue

Zumiez fundamental ratios Correlations

	Total Assets	Total Stockholder Equity	Other Assets	Common Stock Shares Outstanding	Other Stockholder Equity	Total Liab	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Other Liab	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Cash And Short Term Investments	Net Receivables	Common Stock Total Equity	Non Current Liabilities Total	Inventory	Other Current Assets	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt
Total Assets		0.95	0.08	-0.37	-0.28	0.96	0.59	0.43	0.97	-0.44	0.95	0.17	0.8	0.93	0.94	0.74	0.97	0.95	0.76	0.83	0.93	0.85	0.73	0.53	0.98	0.54
Total Stockholder Equity	0.95		0.1	-0.19	-0.28	0.83	0.58	0.47	0.86	-0.16	0.82	0.32	0.6	0.97	0.86	0.59	0.88	0.9	0.82	0.88	0.78	0.88	0.86	0.38	0.95	0.4
Other Assets	0.08	0.1		0.06	0.22	0.05	0.14	0.67	0.04	0.19	-0.01	0.01	-0.11	0.2	0.13	-0.34	-0.04	0.11	0.07	-0.15	0.03	-0.05	0.08	-0.71	0.08	-0.6
Common Stock Shares Outstanding	-0.37	-0.19	0.06		0.56	-0.49	-0.66	-0.12	-0.51	0.5	-0.51	-0.13	-0.44	-0.07	-0.42	-0.51	-0.47	-0.21	-0.51	-0.44	-0.48	-0.54	0.14	-0.42	-0.3	-0.34
Other Stockholder Equity	-0.28	-0.28	0.22	0.56		-0.26	-0.53	0.24	-0.3	0.02	-0.31	-0.67	-0.16	-0.16	-0.22	-0.48	-0.34	-0.09	-0.56	-0.56	-0.22	-0.57	-0.27	-0.39	-0.24	-0.45
Total Liab	0.96	0.83	0.05	-0.49	-0.26		0.56	0.36	0.99	-0.65	0.99	0.01	0.91	0.81	0.93	0.8	0.97	0.93	0.65	0.72	0.99	0.75	0.55	0.62	0.93	0.63
Short Long Term Debt Total	0.59	0.58	0.14	-0.66	-0.53	0.56		0.42	0.64	-0.17	0.54	0.53	0.38	0.51	0.67	0.47	0.56	0.48	0.74	0.69	0.49	0.81	0.33	0.28	0.6	0.23
Other Current Liab	0.43	0.47	0.67	-0.12	0.24	0.36	0.42		0.38	-0.04	0.31	-0.05	0.23	0.55	0.52	-0.04	0.29	0.48	0.49	0.22	0.33	0.36	0.2	-0.27	0.48	-0.44
Total Current Liabilities	0.97	0.86	0.04	-0.51	-0.3	0.99	0.64	0.38		-0.6	0.97	0.09	0.86	0.83	0.96	0.82	0.96	0.94	0.71	0.76	0.96	0.81	0.6	0.61	0.95	0.62
Other Liab	-0.44	-0.16	0.19	0.5	0.02	-0.65	-0.17	-0.04	-0.6		-0.64	0.51	-0.85	-0.2	-0.53	-0.73	-0.52	-0.5	-0.08	-0.06	-0.71	-0.15	0.16	-0.7	-0.42	-0.64
Property Plant And Equipment Net	0.95	0.82	-0.01	-0.51	-0.31	0.99	0.54	0.31	0.97	-0.64		0.03	0.91	0.79	0.9	0.81	0.99	0.9	0.66	0.74	0.99	0.76	0.54	0.65	0.91	0.66
Current Deferred Revenue	0.17	0.32	0.01	-0.13	-0.67	0.01	0.53	-0.05	0.09	0.51	0.03		-0.19	0.24	0.14	-0.02	0.12	0.02	0.48	0.52	-0.07	0.5	0.48	-0.03	0.16	0.04
Net Debt	0.8	0.6	-0.11	-0.44	-0.16	0.91	0.38	0.23	0.86	-0.85	0.91	-0.19		0.62	0.81	0.8	0.85	0.81	0.42	0.46	0.94	0.5	0.27	0.76	0.77	0.7
Retained Earnings	0.93	0.97	0.2	-0.07	-0.16	0.81	0.51	0.55	0.83	-0.2	0.79	0.24	0.62		0.87	0.55	0.82	0.93	0.72	0.76	0.76	0.77	0.85	0.33	0.95	0.33
Accounts Payable	0.94	0.86	0.13	-0.42	-0.22	0.93	0.67	0.52	0.96	-0.53	0.9	0.14	0.81	0.87		0.71	0.88	0.95	0.69	0.7	0.9	0.78	0.62	0.52	0.96	0.49
Cash	0.74	0.59	-0.34	-0.51	-0.48	0.8	0.47	-0.04	0.82	-0.73	0.81	-0.02	0.8	0.55	0.71		0.78	0.7	0.55	0.6	0.8	0.65	0.39	0.84	0.72	0.88
Non Current Assets Total	0.97	0.88	-0.04	-0.47	-0.34	0.97	0.56	0.29	0.96	-0.52	0.99	0.12	0.85	0.82	0.88	0.78		0.89	0.72	0.83	0.96	0.82	0.62	0.63	0.92	0.64
Cash And Short Term Investments	0.95	0.9	0.11	-0.21	-0.09	0.93	0.48	0.48	0.94	-0.5	0.9	0.02	0.81	0.93	0.95	0.7	0.89		0.61	0.67	0.9	0.7	0.71	0.51	0.98	0.5
Net Receivables	0.76	0.82	0.07	-0.51	-0.56	0.65	0.74	0.49	0.71	-0.08	0.66	0.48	0.42	0.72	0.69	0.55	0.72	0.61		0.87	0.58	0.95	0.59	0.33	0.75	0.27
Common Stock Total Equity	0.83	0.88	-0.15	-0.44	-0.56	0.72	0.69	0.22	0.76	-0.06	0.74	0.52	0.46	0.76	0.7	0.6	0.83	0.67	0.87		0.65	0.96	0.74	0.48	0.8	0.48
Non Current Liabilities Total	0.93	0.78	0.03	-0.48	-0.22	0.99	0.49	0.33	0.96	-0.71	0.99	-0.07	0.94	0.76	0.9	0.8	0.96	0.9	0.58	0.65		0.68	0.48	0.64	0.89	0.64
Inventory	0.85	0.88	-0.05	-0.54	-0.57	0.75	0.81	0.36	0.81	-0.15	0.76	0.5	0.5	0.77	0.78	0.65	0.82	0.7	0.95	0.96	0.68		0.68	0.46	0.83	0.44
Other Current Assets	0.73	0.86	0.08	0.14	-0.27	0.55	0.33	0.2	0.6	0.16	0.54	0.48	0.27	0.85	0.62	0.39	0.62	0.71	0.59	0.74	0.48	0.68		0.18	0.76	0.33
Property Plant And Equipment Gross	0.53	0.38	-0.71	-0.42	-0.39	0.62	0.28	-0.27	0.61	-0.7	0.65	-0.03	0.76	0.33	0.52	0.84	0.63	0.51	0.33	0.48	0.64	0.46	0.18		0.52	0.91
Total Current Assets	0.98	0.95	0.08	-0.3	-0.24	0.93	0.6	0.48	0.95	-0.42	0.91	0.16	0.77	0.95	0.96	0.72	0.92	0.98	0.75	0.8	0.89	0.83	0.76	0.52		0.51
Short Term Debt	0.54	0.4	-0.6	-0.34	-0.45	0.63	0.23	-0.44	0.62	-0.64	0.66	0.04	0.7	0.33	0.49	0.88	0.64	0.5	0.27	0.48	0.64	0.44	0.33	0.91	0.51

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Zumiez Net Invested Capital vs Total Assets Analysis

Net Invested Capital vs Total Assets

Net Invested Capital vs Total Assets Correlation Analysis

Correlation Coefficient

Net Invested Capital

Total Assets

Zumiez fundamental ratios Correlations

Zumiez Account Relationship Matchups

High Positive Relationship

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COMMON DESTINATIONS

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Total Current Liabilities	+ 0.99	Total Liab
Property Plant And Equipment Net	+ 0.99	Total Liab
Non Current Liabilities Total	+ 0.99	Total Liab
Non Current Assets Total	+ 0.99	Property Plant And Equipment Net
Non Current Liabilities Total	+ 0.99	Property Plant And Equipment Net
Total Current Assets	+ 0.98	Total Assets

Net Debt	- 0.85	Other Liab
Cash	- 0.73	Other Liab
Non Current Liabilities Total	- 0.71	Other Liab
Property Plant And Equipment Gross	- 0.71	Other Assets
Property Plant And Equipment Gross	- 0.7	Other Liab
Current Deferred Revenue	- 0.67	Other Stockholder Equity