ZIM Asset Turnover from 2010 to 2024

ZIM Stock  USD 12.67  0.06  0.48%   
ZIM Integrated Asset Turnover yearly trend continues to be very stable with very little volatility. Asset Turnover is likely to grow to 1.15 this year. During the period from 2010 to 2024, ZIM Integrated Asset Turnover quarterly data regression pattern had sample variance of 0.09 and median of  1.76. At this time, ZIM Integrated's Revenues is very stable as compared to the past year. As of the 20th of February 2024, Income Tax Expense is likely to grow to about 1.7 B, while Interest Expense is likely to drop about 239.6 M.
Check ZIM Integrated financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among ZIM main balance sheet or income statement drivers, such as Consolidated Income of 5.7 B, Cost of Revenue of 5.9 B or Earning Before Interest and Taxes EBIT of 7.8 B, as well as many exotic indicators such as Asset Turnover of 1.15, Book Value per Share of 60.89 or Current Ratio of 1.66. ZIM financial statements analysis is a perfect complement when working with ZIM Integrated Valuation or Volatility modules.
  
This module can also supplement ZIM Integrated's financial leverage analysis and stock options assessment as well as various ZIM Integrated Technical models . Check out the analysis of ZIM Integrated Correlation against competitors.

ZIM Asset Turnover Breakdown

Showing smoothed Asset Turnover of ZIM Integrated Shipping with missing and latest data points interpolated. Asset turnover is a measure of a firms operating efficiency; calculated by dividing Revenues by Average Assets. Often a component of DuPont ROE analysis. ZIM Integrated's Asset Turnover historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in ZIM Integrated's overall financial position and show how it may be relating to other accounts over time.
Asset Turnover10 Years Trend
Slightly volatile
   Asset Turnover   
       Timeline  

ZIM Asset Turnover Regression Statistics

Arithmetic Mean1.61
Geometric Mean1.58
Coefficient Of Variation18.27
Mean Deviation0.23
Median1.76
Standard Deviation0.29
Sample Variance0.09
Range0.85
R-Value(0.72)
Mean Square Error0.04
R-Squared0.52
Significance0
Slope(0.05)
Total Sum of Squares1.21

ZIM Asset Turnover History

2024 1.15
2023 0.95
2022 1.06
2021 1.56
2020 1.8

About ZIM Integrated Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include ZIM Integrated income statement, its balance sheet, and the statement of cash flows. ZIM Integrated investors use historical funamental indicators, such as ZIM Integrated's Asset Turnover, to determine how well the company is positioned to perform in the future. Although ZIM Integrated investors may use each financial statement separately, they are all related. The changes in ZIM Integrated's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on ZIM Integrated's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on ZIM Integrated Financial Statements. Understanding these patterns can help to make the right decision on long term investment in ZIM Integrated. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for 2024
Asset Turnover 0.95  1.15 
Average Assets13.6 B14.7 B
Tangible Asset Value13.3 B14.3 B

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When determining whether ZIM Integrated Shipping is a strong investment it is important to analyze ZIM Integrated's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact ZIM Integrated's future performance. For an informed investment choice regarding ZIM Stock, refer to the following important reports:
Check out the analysis of ZIM Integrated Correlation against competitors.
You can also try the FinTech Suite module to use AI to screen and filter profitable investment opportunities.

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When running ZIM Integrated's price analysis, check to measure ZIM Integrated'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 ZIM Integrated is operating at the current time. Most of ZIM Integrated's value examination focuses on studying past and present price action to predict the probability of ZIM Integrated's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ZIM Integrated's price. Additionally, you may evaluate how the addition of ZIM Integrated to your portfolios can decrease your overall portfolio volatility.
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Is ZIM Integrated's industry 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 ZIM Integrated. If investors know ZIM 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 ZIM Integrated 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
(0.76)
Dividend Share
6.4
Earnings Share
(17.75)
Revenue Per Share
51.142
Quarterly Revenue Growth
(0.61)
The market value of ZIM Integrated Shipping is measured differently than its book value, which is the value of ZIM that is recorded on the company's balance sheet. Investors also form their own opinion of ZIM Integrated's value that differs from its market value or its book value, called intrinsic value, which is ZIM Integrated'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 ZIM Integrated's market value can be influenced by many factors that don't directly affect ZIM Integrated'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 ZIM Integrated's value and its price as these two are different measures arrived at by different means. Investors typically determine if ZIM Integrated is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ZIM Integrated'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.