Vestis Non Current Liabilities Total from 2010 to 2024
| VSTS Stock | 12.12 0.47 4.03% |
Non Current Liabilities Total | First Reported 2010-12-31 | Previous Quarter 2.2 B | Current Value 2.3 B | Quarterly Volatility 714.4 M |
Check Vestis financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Vestis main balance sheet or income statement drivers, such as Tax Provision of 37.1 M, Depreciation And Amortization of 108.3 M or Interest Expense of 8.6 K, as well as many exotic indicators such as Price To Sales Ratio of 1.06, Dividend Yield of 0.63 or PTB Ratio of 1.34. Vestis financial statements analysis is a perfect complement when working with Vestis Valuation or Volatility modules.
Vestis | Non Current Liabilities Total |
Latest Vestis' Non Current Liabilities Total Growth Pattern
Below is the plot of the Non Current Liabilities Total of Vestis over the last few years. It is Vestis' Non Current Liabilities Total historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Vestis' overall financial position and show how it may be relating to other accounts over time.
| Non Current Liabilities Total | 10 Years Trend |
|
Non Current Liabilities Total |
| Timeline |
Vestis Non Current Liabilities Total Regression Statistics
| Arithmetic Mean | 736,344,896 | |
| Geometric Mean | 549,864,679 | |
| Coefficient Of Variation | 97.02 | |
| Mean Deviation | 548,973,034 | |
| Median | 393,076,000 | |
| Standard Deviation | 714,387,394 | |
| Sample Variance | 510349.3T | |
| Range | 1.9B | |
| R-Value | 0.70 | |
| Mean Square Error | 280782.5T | |
| R-Squared | 0.49 | |
| Significance | 0 | |
| Slope | 111,719,008 | |
| Total Sum of Squares | 7144890.9T |
Vestis Non Current Liabilities Total History
About Vestis Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include Vestis income statement, its balance sheet, and the statement of cash flows. Vestis investors use historical funamental indicators, such as Vestis's Non Current Liabilities Total, to determine how well the company is positioned to perform in the future. Although Vestis investors may use each financial statement separately, they are all related. The changes in Vestis's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Vestis'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 Vestis Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Vestis. Please read more on our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Non Current Liabilities Total | 2.2 B | 2.3 B |
Pair Trading with Vestis
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 Vestis 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 Vestis will appreciate offsetting losses from the drop in the long position's value.Moving against Vestis Stock
| 0.86 | WLFC | Willis Lease Finance | PairCorr |
| 0.73 | FTAI | Fortress Transp Infra | PairCorr |
| 0.71 | AER | AerCap Holdings NV | PairCorr |
| 0.7 | R | Ryder System | PairCorr |
| 0.7 | PRG | PROG Holdings | PairCorr |
The ability to find closely correlated positions to Vestis could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Vestis 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 Vestis - 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 Vestis to buy it.
The correlation of Vestis 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 Vestis moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Vestis 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 Vestis 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.Check out the analysis of Vestis Correlation against competitors. For more information on how to buy Vestis Stock please use our How to Invest in Vestis guide.You can also try the Price Transformation module to use Price Transformation models to analyze the depth of different equity instruments across global markets.
Complementary Tools for Vestis Stock analysis
When running Vestis' price analysis, check to measure Vestis' 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 Vestis is operating at the current time. Most of Vestis' value examination focuses on studying past and present price action to predict the probability of Vestis' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Vestis' price. Additionally, you may evaluate how the addition of Vestis to your portfolios can decrease your overall portfolio volatility.
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Is Vestis' 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 Vestis. If investors know Vestis 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 Vestis listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share 1.63 | Revenue Per Share 21.567 | Quarterly Revenue Growth 0.048 | Return On Assets 0.0448 | Return On Equity 0.1327 |
The market value of Vestis is measured differently than its book value, which is the value of Vestis that is recorded on the company's balance sheet. Investors also form their own opinion of Vestis' value that differs from its market value or its book value, called intrinsic value, which is Vestis' 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 Vestis' market value can be influenced by many factors that don't directly affect Vestis' 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 Vestis' value and its price as these two are different measures arrived at by different means. Investors typically determine if Vestis is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Vestis' 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.