Ziprecruiter Historical Financial Ratios
ZIP Stock | USD 9.11 0.45 4.71% |
Ziprecruiter is currently reporting on over 102 different financial statement accounts. To analyze all of these accounts together requires a lot of time and effort. However, using these accounts to derive some meaningful and actionable indicators such as Price To Sales Ratio of 4.2, Dividend Yield of 0.0, PTB Ratio of 176 or Days Sales Outstanding of 20.67 will help investors to properly organize and evaluate Ziprecruiter financial condition quickly.
Ziprecruiter |
About Ziprecruiter Financial Ratios Analysis
ZiprecruiterFinancial ratios are relationships based on a company's financial information. They can serve as useful tools to evaluate Ziprecruiter investment potential. Financial ratio analysis can also be defined as the process of presenting financial ratios, which are mathematical indicators calculated by comparing key financial information appearing on Ziprecruiter financial statements. Financial ratios are useful tools that help investors analyze and compare relationships between different pieces of financial information across Ziprecruiter history.
Ziprecruiter Financial Ratios Chart
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Price To Sales Ratio
Price to Sales Ratio is figured by comparing Ziprecruiter stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Ziprecruiter sales, a figure that is much harder to manipulate than other Ziprecruiter multiples. Because sales tend to be more stable P/S ratio can be a good tool for screening cyclical companies fluctuating earnings patterns. A valuation ratio that compares a company's stock price to its revenues, calculated by dividing the company's market cap by its total sales or revenue over a 12-month period.Ev To Sales
The Enterprise Value to Sales ratio, a valuation metric used to compare the value of a company, including debt and excluding cash, to its sales revenue.Inventory Turnover
A ratio showing how many times a company's inventory is sold and replaced over a period, indicating the efficiency of inventory management.Most ratios from Ziprecruiter's fundamentals are interrelated and interconnected. However, analyzing fundamentals ratios one by one will only give a small insight into Ziprecruiter current financial condition. On the other hand, looking into the entire matrix of fundamentals ratios, 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 Ziprecruiter. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product. To learn how to invest in Ziprecruiter Stock, please use our How to Invest in Ziprecruiter guide.At this time, Ziprecruiter's EV To Sales is relatively stable compared to the past year. As of 11/17/2024, ROIC is likely to grow to 0.10, while Free Cash Flow Per Share is likely to drop 0.59.
2021 | 2023 | 2024 (projected) | Payables Turnover | 3.2 | 5.43 | 5.1 | Days Of Inventory On Hand | 20.6 | 18.54 | 12.19 |
Ziprecruiter fundamentals Correlations
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Ziprecruiter Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Pair Trading with Ziprecruiter
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 Ziprecruiter 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 Ziprecruiter will appreciate offsetting losses from the drop in the long position's value.Moving against Ziprecruiter Stock
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The ability to find closely correlated positions to Ziprecruiter could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Ziprecruiter 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 Ziprecruiter - 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 Ziprecruiter to buy it.
The correlation of Ziprecruiter 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 Ziprecruiter moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Ziprecruiter 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 Ziprecruiter 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.Additional Tools for Ziprecruiter Stock Analysis
When running Ziprecruiter's price analysis, check to measure Ziprecruiter'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 Ziprecruiter is operating at the current time. Most of Ziprecruiter's value examination focuses on studying past and present price action to predict the probability of Ziprecruiter's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ziprecruiter's price. Additionally, you may evaluate how the addition of Ziprecruiter to your portfolios can decrease your overall portfolio volatility.